Reps Launch Investigation Into $850bn Unrepariated Crude Oil Export Proceeds

The House of Representatives, on Wednesday, began investigation into alleged non-repatriation of Nigeria’s crude oil export proceeds estimated at over $850 billion between 1996 and 2014. Chairman of the House Ad-hoc Committee on Pre-Shipment Inspection of Exports and Non-Repatriation of Crude Oil Proceeds, Hon. Seyi Sowunmi, said during the panel’s inaugural meeting at the National

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