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House Of Representatives Issues Warrant Of Arrest On Central Bank Governor, Cardoso, Accountant-General, 17 Others

The House of Representatives’ Committee on Public Petitions has asked for a warrant of arrest to be issued on the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, the Accountant-General of the Federation (AGF), Oluwatoyin Madein, and 17 others over refusal to appear before it to answer questions on their operations.

House, DPR Disagree over Oilfield Revocation, Awards

The House of Representatives’ Committee on Public Petitions and the Department of Petroleum Resources (DPR) have expressed divergent views over Dawes Island marginal field lost by Eurafric for holding the national asset without production and making it unviable for seventeen years. The Department of Petroleum Resources (DPR) awarded the field to Petralon 54 Limited and its partners during the last bid round, a decision that was countered by Eurafric through a petition to the House Committee on Petition. A statement explained that DPR had revoked the licences of 11 marginal field operators for non-performance, including Dawes island marginal field located in OPL2006, Okrika, Rivers State.

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