The Senate Committee on Finance, chaired by Senator Solomon Adeola, launched an investigation into the alleged sale of 1.7 million barrels of crude oil seized by the Nigerian Navy and handed over to the Economic and Financial Crimes Commission (EFCC). The probe, which took place during an interactive session on revenue leakage, was triggered by the Navy's disclosure that the seized crude (captured between 2021 and Q1 2022) was disposed of by the anti-graft agency, a transaction the Minister of Finance, Zainab Ahmed, claimed to be unaware of regarding the remittance of proceeds.
What the record shows
- 1 April 2022Probe 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.