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Reps Summon Malami, Finance Minister Over $2.4bn Undeclared Crude Oil Sales

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An ad-hoc committee of the House of Representatives investigating the alleged loss of over $2.4 billion in revenue from illegal sale has summoned the minister

“It’s unfortunate that the Minister of Finance is not here, the Attorney General of the Federation is not here.

“There have been allegations of the Attorney General being involved also in the receipt of funds from outside the country without these funds being remitted into the federation account in line with the provisions of the constitution. “This is something that’s alarming for the CBN to declare before us, because we are aware of constitutional provisions that state all revenue accruing to the federation must be paid into the federation account.

Gbillah continued, “In regards to the issue of crude oil, we are expecting the Nigerian Upstream Regulatory Commission, NEITI, oil and gas companies who operate fuel stations and engage in export.

 

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They should explain it to nigerian

Summons one that is at your level

Phase one. Are we assured of the next phases?

I hope he will be disgraced if found guilty

Money that will never be seen again.

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