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December 2022 - Page 4 of 10 - Parliament Reports

$2.4bn Revenue Loss: Reps investigate illegal sale of 48m barrels of crude oil

Reps consider motion moved by Isiaka Ibrahim, sets up Ad-hoc Committee to investigate whistleblower`s allegations of the illegal sale of 48 million barrels of Nigeria’s Bonny Light crude in China in 2015 and the insurance status of the cargo within four weeks        The House of Representatives has resolved to probe the alleged loss of over $2.4 billion in revenue from illegal sales of 48 million barrels of crude oil exported in 2015...

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