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Read More »Lawmakers beam searchlight on petroleum industry, move to recover $20bn lost revenue
The House of Representatives is set to beam its searchlight on the petroleum industry to assist the federal government in recovering lost revenues totalling about $20 billion. They lawmakers also intend assisting the federal government in achieving early remittance of federal revenues, probe subsidy beneficiaries, scrutinize loan transactions, and pre-export financing arrangements, and review loans associated with crude oil. Ikeagwuonu …
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