NewsNigeriaHouse Committee Recovers $19.2 Million from Oil Firms, Pursues More Unpaid Debts
The House of Representatives Public Accounts Committee (PAC) has recovered $19,241,109.35 (₦28.7 billion) from two oil companies indebted to the Federation Account. In a statement on Sunday, House spokesman Akin Rotimi disclosed that the panel also successfully recovered ₦199.3 million out of an outstanding ₦6.8 billion related to excessive transaction charges and unremitted Value Added Tax (VAT) on payments processed via Remita between 2015 and 2022. According to the statement, the PAC’s investigation—based on findings...









