Reps summon Oando, Chevron, Conoil, 48 others over ‘N9.4trn owed’ to FG

The House of Representatives has summoned 48 oil companies over their alleged failure to remit approximately N9.4 trillion in outstanding debts to the federation account.

In a statement, yesterday, Akin Rotimi, spokesperson of the House, said the debts were related to unpaid royalties, concession rentals, gas flare penalties, and obligations from production sharing contracts.

During the review…