…As Dubri Oil defends $3.025m royalty, gas flare debts
The Senate Public Accounts Committee (PAC) has given Seplat Energy, Network E&P Nigeria Limited and two other oil companies 48 hours to appear before it and respond to queries arising from the 2021, 2022 and 2023 audit reports of the Nigeria Extractive Industries Transparency Initiative (NEITI).
The other companies summoned by the committee are All Grace Energy Limited and Aradel Energy Limited.
The committee, chaired by Ibrahim Dankwambo, issued the ultimatum on Tuesday after expressing displeasure over the repeated failure of the affected companies to honour its invitations.
The committee warned that failure by the companies’ managing directors to appear within the stipulated 48-hour period could trigger the invocation of the National Assembly’s constitutional powers.
