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Do You Support the Petroleum Industry Bill?
House Probes $1.2bn Oil Bloc Proceeds
From Onwuka Nzeshi in Abuja, 07.03.2009
House of Representatives Committee on Public Accounts yesterday raised an alarm that about $1.2 billion which accrued to the Federal Government in respect of the 2005 oil bloc bid round had not been remitted to the appropriate accounts and could not be traced. It has therefore summoned the Governor of the Central Bank of Nigeria (CBN), Dr. Lamido Sanusi and Executive Secretary of the Petroleu...
