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Reps Begin Investigation Into NNPC’s 32-Year Joint Ventures

Reps Begin Investigation Into NNPC’s 32-Year Joint Ventures

September 21, 2022

 

The House of Representatives has begun its investigation of the Joint Ventures and Production Sharing Contracts entered into by the Nigerian National Petroleum Corporation in the last 32 years.

 

The House’ Ad Hoc Committee to Investigate the Structure & Accountability of the Joint Venture Businesses and Production Sharing Contracts of the Nigerian National Petroleum Corporation from 1990 to Date, on Tuesday, held its inaugural investigative hearing.

 

Speaker of the House, Femi Gbajabiamila, while declaring the hearing open, said he was delighted to inaugurate the committee at the critical point of our nationhood where more resources are needed to diversify the economy.

 

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