Status
No final report
Assembly
Senate
Opened
7 October 2020
Assembly term
9th National Assembly (2019–2023)
Committee
Committee on Banking
Sum at issue
US$850 billion
Subject
Revenue and remittances
Without a report for
2,226 days
The Senate Committee on Banking, Insurance and other Financial Institutions, chaired by Senator Uba Sani, initiated a probe into the unrepatriated proceeds of crude oil, gas, and non-oil exports. Following a motion by Senator Yusuf Abubakar Yusuf, the Senate mandated the committee to investigate the period from April 1996 to 2019, specifically targeting Joint Venture oil companies accused of refusing to repatriate over US$850 billion in contravention of the Pre-Shipment Inspection of Export Act.
NNPC CBN
What the record shows
- 7 October 2020Probe opened.
- As of 11 November 2026No 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.