Reps panel threaten to arrest Emefiele over oil blocs

Reps panel threaten to arrest Emefiele over oil blocs

The House of Representatives has threatened to issue warrant of arrest on the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele and the Accountant-General of the Federation (AGF), Mr. Ahmed Idris, over oil licenses.
The threat is in respect of the sale of Oil Prospecting Licenses (OPLs) and Oil Mining Leases (OMLs) to some international oil companies, the News Agency of Nigeria (NAN) reports.
The Chairman of the House Adhoc Committee on OPLs/OMLs, Gideon Gwani (PDP-Kaduna), issued the threat while briefing journalists on Friday in Abuja.
He said the committee’s mandate was to carry out investigation of all the OPLs and OMLs granted by the Federal Government.
Gwani said the committee, in the course of investigation, discovered that there were many anomalies in the process leading to the award of oil blocs to IOCs by the government.
The lawmaker said other issues being investigated by the committee include the award of marginal fields and signature bonuses among others.
Gwani added that no production activity took place in some oil blocs awarded to the IOCs over 30 years ago.

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