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House of Representatives summons former
Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.
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She is to explain how she extended
contracts for crude oil worth $24bn without valid agreements.
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Two firms were given the swap contracts
in 2011 under the controversial crude-for-refined products deal.
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At the expiration of the contract in
2011, Diezani reportedly ordered an ‘extension’ till 2014 without any valid
agreements with the firms.
CULLED FROM THE PUNCH
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