--Advertisement--
Advertisement

Reps summon Kachikwu, Baru to shed light on fuel subsidy payment 

The house of representatives has summoned Ibe Kachikwu, minister of state for petroleum resources, over the reported payment of fuel subsidy by the Nigerian National Petroleum Commission (NNPC).

The lawmakers also summoned Maikanti Baru, NNPC group managing director, over the issue.

The summon followed a motion on ‘Urgent need to investigate the fuel subsidy payment by the NNPC’ introduced by Karimi Sunday, member representing Yagba East/Yagba West/Mopa-muro, Kogi state.

Vice-President Yemi Osinbajo had said the NNPC bears the burden of fuel subsidy and not the federal government, a claim that had generated backlash from some Nigerians.

Advertisement

At the plenary on Wednesday, the lawmakers described the reported payment of subsidy by the NNPC as illegal and contrary to the provisions of the section 80(4) of the 1999 constitution which prescribes that no monies shall be withdrawn from the consolidated revenue fund or any of the federation account unless approved by the national assembly.

The lawmakers resolved that Kachikwu and Baru should appear before the house committee on finance and petroleum downstream to explain the current subsidy payment by the corporation.

Baru and Kachikwu are also expected to account for the monies expended on the subsidy payment since January 2017 till date and the current petroleum pricing regime.

Advertisement

While noting that the 2018 appropriation bill does not include any provision for such subsidy payment, the house asked the executive to make provision for it should it deem it fit to continue the payment.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected from copying.