Nigerian Senate investigates alleged economic sabotage in petroleum industry with a 14-member committee.

The Nigerian Senate is investigating alleged economic sabotage in the country's petroleum industry, launching a 14-member ad-hoc committee to examine factors such as testing parameters, compliance, and activities of regulatory authorities. The investigation aims to uncover any loopholes that may have led to the importation of adulterated petroleum products and scarcity of Premium Motor Spirit, with a public hearing scheduled for September 10. The move follows a clash between Dangote refinery and Nigeria's regulatory authorities over allegations of substandard products.

July 25, 2024
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