The committee says the invitation of the NEPC boss is in light of the several borrowings of money despite the huge sum yet to be paid into the treasury, which could have impacted the Nigerian economy.
The House of Representatives ad hoc committee investigating the alleged loss of crude oil revenue has summoned the Chief Executive Officer/Managing Director of Nigeria Export Promotion Council , Ezra Yakusak, over unremitted $1.67 billion.
He said the invitation was in light of the several borrowings of money despite the huge sum yet to be paid into the Nigeria treasury, which could have impacted the Nigeria economy. “So, clerk, you do a letter to AGF to avail us the details of the approval for the engagement of the legal team and the related companies to carry out this investigation and provide us details of that legal team.
He added that part of the allegation was that a detailed report indicating several discrepancies was provided to the federal government, but no action was taken. On his part, the Director General Nigeria Maritime Safety Agency , Bashir Jsamo, said NIMASA’s mandate did not give it the power to sell or transport crude oil.
” At the end of the day, we saw such discrepancies, and we worked in conjunction with the legal team and from the findings, the legal team discovered ten companies liable.
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