The national assembly has invited stakeholders to partake in a forensic investigation into the “irregularities and alleged corruption” in the Nigerian National Petroleum Company (NNPC) Retail Limited and the acquisition of OVH Energy Marketing Ltd.
In recent newspaper publications by both chambers, the lawmakers listed the potential focus areas of the investigation, calling on the public to participate in the probe.
The NNPC Limited had announced the acquisition of OVH Energy, owner and operator of the Oando branded retail service stations, on October 1, 2022.
Following the deal, OVH Energy was expected to merge with NNPC Retail Limited (NRL) — adding more than “380 filling stations” controlled to the national oil firm’s portfolio.
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