House C’ttee Gives 72-hour Ultimatum to Eight Oil Companies Over N9.4trn Unremitted Royalties

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Juliet Akoje in Abuja


The House of Representatives Committee on Public Accounts has given a 72-hour ultimatum to eight oil companies to appear before it and address allegations of N9.4 trillion unremitted royalties to the federation account.


The companies were among nine summoned by a sub-committee investigating the non-remittance of royalties as identified in a report by the Office of the Auditor General for the Federation.

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