
Reps Committee Orders OML18 Resources to Pay $4 Million in Oil Royalties, Gas Flare Penalties Within Five Days
The House of Representatives Public Accounts Committee (PAC) has directed OML18 Resources Limited, formerly Sahara Field Production Ltd, to remit $4,020,000 to the Federation Account within five days. The directive was issued during the Committee’s hearing on Wednesday, as part of its ongoing investigation into outstanding debts owed by oil companies to the Federation Account….