The House of Representatives insisted on Monday that crude oil worth $15bn was missing in the report of the Nigerian National Petroleum Corporation for its 2011 to 2014 transactions.
An ad hoc committee of the House is investigating the alleged theft of $17bn crude oil and gas resources from the country within the period. The committee is chaired by a member of the All Progressives Congress from Adamawa State, Mr. Abdulrazak Namdas.
At the opening of a public hearing on the alleged ‘undeclared’ exports in Abuja, the committee confronted the NNPC with the tabulated details of the exports and noted that crude worth $15bn was missing in the report of the corporation, which it submitted to the House.
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