The Nigerian Senate is investigating an alleged default of $71.65 million and N30.7 billion in statutory contributions by oil companies to the Niger Delta Development Commission (NDDC). The investigation follows a petition by environmental activist Mathew Echo regarding Aiteo Exp
The Nigerian Senate is investigating Aiteo Exploration and Production Company Limited for allegedly failing to remit $71.65 million and N30.7 billion to the Niger Delta Development Commission (NDDC). The company has been summoned to appear before the Senate committee.
The Nigerian Senate is investigating International Oil Companies (IOCs) for failing to remit $71.65 million and N30.7 billion in statutory contributions to the Niger Delta Development Commission (NDDC), which is crucial for infrastructure and environmental remediation projects.
