House of Reps Recovers N28.7B from Oil Firms

The House of Representatives Public Accounts Committee (PAC) has recovered $19,241,109.35 (N28.7 billion) from two oil companies indebted to the Federation Account. The panel has also successfully recovered N199.3 million out of an outstanding N6.8 billion, comprising excessive charges levied between March and October 2015 and unremitted Value Added Tax (VAT) on transactions processed via […]