March 5, 2024

The House of Representatives Committee on Public Petitions has issued a warrant of arrest against the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, for refusing to appear before it to answer questions on the oil sector.

The panel also ordered the arrest of the Accountant General of the Federation, Oluwatoyin Madein, and 17 others.

Among the 17 to be arrested are the heads of National Petroleum Investment Management Services (NAPIMS), Ethiop Eastern Exploration and Production Company Ltd, and Western Africa Exploration and Production.

Others are heads of Alteo Eastern E&P Co. Ltd., First Exploration & Production Ltd., The Md, First E&P Oml 8385 Jv, Heirs Holdings Oil and Mobil Producing Nigeria Unlimited (Mpnu).

Also listed are Shell Petroleum Development Company (SPDC), Total Exploration & Producing Nig (TEPN), Nigeria Agip Oil Company (NAOC), Pan Ocean Oil Nig, Ltd, Newcross E&P Ltd and Frontier Oil Ltd.

The resolution was reached at the investigative hearing of the committee to consider a petition filed by one Fidelis Uzowanem on Tuesday.

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