Nigeria, July 24 -- The House of Representatives Committee on Petroleum Resources (Downstream) has commenced a fresh investigation into the acquisition of OVH Energy Marketing's downstream assets by the Nigerian National Petroleum Company Limited (NNPC Ltd).

The chairman of the committee, Ikeagwuonu Ugochinyere, in a statement sent to PREMIUM TIMES on Wednesday evening, said the decision follows a direct order from the House to reinvestigate the matter after the first report was rejected due to unaddressed critical facts.

Speaking on the resolution reached by members after the special committee meeting, Mr Ugochinyere said the investigation is distinct from the previous inquiry carried out by the former committee.

He said members of th...