Govs allege fraud in fuel subsidy payment

Govs allege fraud in fuel subsidy payment

The Nigerian Governors Forum yesterday accused the Nigeria National Petroleum Corporation of fraudulently doubling daily consumption of petrol from about 30 million litres to 60 million litres.


The governors also demanded a thorough investigation of oil subsidy payments made from 2015 to date. 
A delegation of the forum led by its chairman, Governor Abdulaziz Yari of Zamfara State, made the demand at a meeting with Vice President Yemi Osinbajo at the Presidential Villa in Abuja.
The meeting was attended by the governors of Kaduna, Kebbi, Edo, Akwa Ibom and Bayelsa states.
Also present were the Minister of Finance Mrs Kemi Adeousn and the Minister of Budget and National Planning Senator Udoma Udoma as well as a representative of the NNPC GMD.
The governors also directed the NNPC to clearly differentiate its earnings in sales as against taxes before remitting funds to the Federation Account to avoid unexplained shortfalls.
They also expressed concerns over the Joint Venture Cash Call claims by the NNPC and directed that further payments for such be suspended until details of exact amount paid since 2015 is provided.
The governors also directed that  all petrol stations less than 10 kilometres to Nigeria’s borders be immediately shut by the Department of Petroleum Resources until they are recertified, saying this was sequel to an excuse by the NNPC that sudden increase in petrol consumption was due to illegal export to neighbouring nations.
Addressing State House reporters after the meeting, Yari said: “This is the second time we are meeting with NNPC in respect of remittances into the federation account. 
Govs allege fraud in fuel subsidy payment Govs allege fraud in fuel subsidy payment Reviewed by Maxwell Jackky Jr on 03:34:00 Rating: 5

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