* Public Accounts Committee to probe 2021–2023 oil sector revenues, remittances and compliance

Sunday Aborisade in Abuja

The Senate has fixed Monday, next week for the commencement of a sweeping investigation into Nigeria’s oil and gas sector.

The red chamber has therefore summoned the Nigerian National Petroleum Company Limited (NNPCL), the Central Bank of Nigeria (CBN), major international and indigenous oil companies, regulators and several government agencies.

The firms are expected to explain issues arising from the Nigeria Extractive Industries Transparency Initiative (NEITI) Oil and Gas Industry Audit Reports for 2021, 2022 and 2023.