Oil Debt : PAC Investigates Oil Companies
The House of Representatives Public Accounts Committee, PAC is investigating multiple oil companies, including Addax Petroleum Exploration Nigeria Ltd, AITEO Group, and Amni International Petroleum Development Company Limited, for failing to pay a combined $506.5 million in debts to the Federal government. In a public announcement made through The Punch, The Nation and Daily Trust newspapers, the committee had summoned nine oil companies to appear before them to clarify their […]