Reps recover N28.7bn debt from two oil firms

The House of Representatives Public Accounts Committee has recovered $19,241,109.35 (approximately ₦28.7bn) from two oil companies as part of efforts to retrieve outstanding revenue owed to the Federation Account. The Committee’s investigation, based on findings from the 2021 Audit Report, targets 45 oil companies collectively owing $1.7bn in liabilities. According to a statement issued on