Home / Probes / LAO-0098

Debts owed to the NDDC by oil companies and the Federal Government

Status

No final report

Assembly

National Assembly

Opened

18 November 2019

Assembly term

9th National Assembly (2019–2023)

Committee

Joint Committee on NDDC

Sum at issue

₦72 billion

Subject

Loans and public debt

Without a report for

2,550 days

The joint Senate and House Committee on NDDC, co-chaired by the House committee chairman, Olubunmi Tunji-Ojo, opened a probe of debts of ₦72 billion and US$73 million owed to the NDDC by 17 oil companies, including Aiteo, Nigeria LNG, Conoil and Pan Ocean, and of ₦1.2 trillion owed by the Federal Government. It invited the Minister of Finance, Zainab Ahmed, the CBN Governor, Godwin Emefiele, the Accountant-General, Ahmed Idris, and the Auditor-General, Anthony Ayine.

NDDC

What the record shows

18 November 2019
Probe opened.
As of 11 November 2026
No final report of this probe has been found on the public record.

Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.