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Friday, 23 September 2016

Undeclared Crude: Reps To Investigate Over $17bn Crude Oil And Gas Shortfall

The house of representatives has resolved to investigate claims that  over $17 billion undeclared crude oil and gas exports are yet to be recovered.
The motion states that the funds are recoverable while the companies involved have being identified.

The motion, sponsored by a member of the Reps, Johnson Agbonayinma, observed that according to a presidential report on the matter, the funds are recoverable.

It is expected that the findings of this investigation would help improve the finances of the federal government and help fund the implementation of the 2016 budget.


  1. After they Wil tell us it's the Niger Delta Avengers that caused it

  2. That's good news for PDP