The Nigerian Senate, acting through its Public Accounts Committee, issues a 48-hour ultimatum for four oil companies to appear and respond to queries linked to Nigeria Extractive Industries Transparency Initiative (NEITI) Oil and Gas Industry Audit Reports. The firms named are Seplat Energy, Network E&P Nigeria Limited, All Grace Energy Limited, and Aradel Energy Limited.
Vanguard reports that the action follows matters raised in NEITI audit coverage and that the Senate requires explanations within the 48-hour window. The reports also reference disputes over specific amounts and obligations raised by the audits, including royalty and gas-flaring-related debts, with at least one company, Dubri Oil (mentioned in Vanguard’s account), denying a stated royalty figure. The outlets largely align on the committee’s timeline and the companies targeted, while details of the underlying issues vary by source, reflecting different audit-related queries highlighted in each account.
