Nigeria: House Investigates 24 Banks, 14 Oil Companies Over U.S.$30 Billion Revenue Leakages

6 July 2020

The House of Representatives will today commence investigative hearing on 24 commercial and non-commercial banks as well as 14 international oil companies (IOCs) over an alleged loss of over $30 billion revenue annually due to leakages.

The investigative hearing which would be conducted in strict compliance with COVID-19 protocols would be in phases.

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