Nigeria's House of Representatives has launched an investigation into an alleged ₦432 billion oil revenue debt. According to the Auditor-General's 2023 Annual Audit Report, the NNPCL and oil companies under DAPPMAN, MOMAN and MEMAN owe the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) more than ₦392 billion. The probe aims to establish the extent of the indebtedness and recover the outstanding funds.

Nigeria's Auditor-General has uncovered N431 billion in unpaid levies and debts allegedly owed by oil marketers to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), according to Punch. The findings point to significant financial irregularities within the downstream petroleum sector, with the withheld funds raising questions about compliance and revenue collection. The report highlights accountability concerns among marketers and the regulator's ability to recover outstanding payments owed to the government.

The Nigerian House of Representatives on Tuesday announced plans to investigate an outstanding debt of N432 billion linked to oil revenue, according to Tribune Online. The probe, flagged off by the lawmakers, aims to examine the circumstances surrounding the indebtedness. Further details on the parties involved, the timeline of the investigation, and its expected outcomes were not disclosed in the report, which was published by the Nigerian newspaper.

The House of Representatives Committee on Public Petitions has finished its hearing regarding a petition against Dr. Yau Usman Idris, the Director-General and Chief Executive Officer of the Nigerian Nuclear Regulatory Authority (NNRA). The Committee's Chairman, Hon. Kwamoti Bitrus La’ori, stated that the matter is now closed and preparations for the final report will commence.

Togo and the Benin Republic owe Nigeria $28.33 million (N37.44 billion) for ancillary electricity services rendered over three years, according to Daily Trust. The newspaper said its analysis of annual reports released by the Nigerian Electricity Regulatory Commission (NERC) from 2023 to 2025 showed the debt stems from services used to transfer electricity from generation plants to end users. Nigeria supplies power to the two neighbouring countries as international electricity customers.

Taiwo Oyedele, chairman of Nigeria's Presidential Committee on Fiscal Policy and Tax Reforms, has rejected claims that President Bola Tinubu's administration borrowed between ₦75 trillion and ₦80 trillion, describing the circulating figures as misleading. According to African Examiner, Oyedele made the remarks during an economic review session organised by the Senate Committee on Finance, where he explained the factors behind the reported increase in the country's debt profile.