Reps probe NNPC over LPFO sales under remittance

0
105
nnpc

…Decries disrespect for parliament by government officials

The House of Representatives yesterday, resolved to probe the Nigerian National Petroleum Corporation over an alleged non-remitance of funds realised from the  sales of Low Pour Fuel Oil (LPFO).

Consequently,  the House mandated its committee on Petroleum Downstream to undertake the investigation.The committee is to expected  to  report back to the House within six weeks for further legislative action.

This followed the adoption of a motion moved by Edward Pwajok and three others at yesterday’s plenary.

Leading debate on the motion,  Pwajok said there were a lot of illicit transactions in the LPFO sales between buyers and the NNPC, noting that government has lost substantial revenue in the process, owing to lack of due diligence, efficiency and economic management of LPFO transactions.

The lawmaker added that “nation’s demand for Low Pour Fuel Oil (LPFO) currently stands at an estimated 20,000,000 litres per day at a current price of N103.60/litre, and that Nigeria currently generates two biliion, and seventy two million naira per (N2.072 billion)day and a monthly average of sixty two billion, one hundred and sixty million naira on the sales of the LPFO.

Meanwhile, the House yesterday resolved to investigate the Permanent Secretary,  Ministry of Science and Technology, Amina Shamaki, for alleged contempt of parliament.

This was sequel to complaints by the Chairman House Committee on Science and Technology,  Beni Lar, that the Permanent Secretary attempted to disrupt a recent public hearing organised by the committee.

Citing Order 6(2) of the House Standing Rules,  Lar,  who spoke under matters of privilege  at yesterday’s plenary,  said Shamaki on May 31 ordered  officials of the ministry attending the public hearing to leave the venue or they will be queried.

“On May 31, when the committee on Science and Technology was holding a public hearing, we noticed some strange movements. The Permanent Secretary of the ministry was walking along the corridor  and later came in and sat down.

“I directed someone to tell her to come forward and sit at the front but the message I got in response was that she said she won’t come forward.

LEAVE A REPLY

Please enter your comment!
Please enter your name here