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Reps To Recover Over $30bn Revenue From Multinational Oil Firms’ Merger
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The House of Representatives on Thursday unveiled plans to recover over $30 billion in accrued fees and bonuses from mergers of some multinational oil companies which operate in the country.
The resolution was passed sequel to the adoption of a motion sponsored by Hon. Ademorin Kuye who expressed concern over the failure of the regulatory agencies to track the financial proceeds from the transactions.
