Reps moves to tackle billion dollar oil revenue leakages

The House of Representatives Ad-hoc Committee on Pre-shipment Inspection of Exports and Non-remittance of Crude Oil Proceeds has warned that Nigeria is losing billions of dollars annually to unverified crude shipments, under-declarations, and non-repatriation of export proceeds. Chairman of the committee, Rep. Seyi Sowunmi (LP–Lagos), made the submission at the opening of a capacity-building workshop

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