NIGERIA'S DEFENCE MINISTER SUMMONS SERVICE CHIEFS AMID SURGE IN ATTACKS ON MILITARY BASES. (PHOTO).

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 Nigeria's Defence Minister Summons Service Chiefs Amid Surge in Attacks on Military Bases Nigeria's Minister of Defence, General Christopher Musa (Rtd), has urgently summoned the nation's top military leaders to a high-level meeting at the Ministry of Defence headquarters in Abuja. The session addresses the escalating attacks targeting military installations, particularly in the North East region. The meeting includes key figures such as: - Chief of Defence Staff, General Olufemi Oluyede - Chief of Army Staff, Lt.-Gen. Waidi Shaibu - Chief of Air Staff, Air Marshal Sunday Aneke - Chief of Naval Staff, Vice Admiral Idi Abass - Representatives from the National Intelligence Agency (NIA) The summons comes in response to recent deadly assaults by terrorists on military bases in the North East. Reports indicate that no fewer than three Commanding Officers of Lieutenant-Colonel rank were killed in Borno State, alongside scores of soldiers lost. Additionally, hundreds of civilian...
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N9. 4TRN DEBT: LAWMAKERS GIVE OIL COMPANIES THREE-DAY ULTIMATUM FOR NON-COMPLIANCE. (PHOTO).

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 N9.4tn Debt: Lawmakers Give Oil Companies Three-Day Ultimatum for Non-Compliance


The Nigerian House of Representatives has given oil companies a three-day deadline to appear before its investigative panel regarding a N9.4 trillion debt owed to the Federal Government.


Among the companies summoned are Waltersmith Petroman Limited, Addax Petroleum Exploration Nigeria Ltd, AITEO Group, Britannia-U, and two others. However, only Belema Oil Producing Ltd honored the invitation.


The ad hoc committee conducting the probe revealed that the companies ignored its initial summons on Monday. Belema Oil’s team, led by Managing Director Ahmad Sambo, was instructed to return on Tuesday due to a delay in submitting their documents.


Earlier, in a notice issued on Sunday, lawmakers had summoned nine oil firms, including Addax Petroleum, AITEO Group, All Grace Energy, Amalgamated Oil Company Nigeria Ltd, Amni International Petroleum Development Company Ltd, Belema Oil, Bilton Energy Ltd, Britannia-U, and Waltersmith Petroman Ltd, to appear before the committee.


The probe follows a report from the Office of the Auditor General of the Federation (OAuGF) submitted to the Public Accounts Committee (PAC). The report highlights that the outstanding N9.4 trillion stems from unpaid royalties, concession rentals, gas flare penalties, and other financial obligations tied to production-sharing contracts and repayment agreements.


Oil companies named in the report are expected to testify before the House from March 3 to 7, 2025.

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