The House of Representatives says it is investigating the structure and accountability of the Joint Venture (JV) business and production sharing contracts of the Nigerian National Petroleum Company (NNPC) Ltd. Represntative Hassan Fulata, the Chairman of the ad hoc committee, on Wednesday said his committee was investigating the Joint Venture Business and Production Contract of the NNPC from 1990 till date. Fulata said the probe became imperative as some NNPC accounts did not follow due process. He said his committee had discovered a secret account owned by the NNPC Ltd., alleging that…
Read MoreHouse of Reps investigates structure, accountability of NNPC joint venture business
