The House of Representatives yesterday said it is ready to ascertain how much the Nigerian National Petroleum Company Limited and other companies in the oil and gas sector are owning the Federal Government.

Chairman of the Public Accounts Committee of the House, Bamidele Salam, disclosed this while naming two subcommittees to ascertain the state of indebtedness of Nigerian National Petroleum Company Limited and others in Oil and Gas Industry to the Federation Account as well as analysis of NUPRC Remita records.

He said the two sub-committees are to be headed by the Deputy Chairman, Jeremiah Umaru and Olusola Fatoba.

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