Senate begins hearing on fuel scarcity, shuns subsidy probe

Posted by Mayowa Okekale, Abuja | 5 January 2018 | 1,042 times

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•The Senate during plenary

The Senate on Thursday commenced investigative hearing into the lingering fuel scarcity in the country.

The probe panel is chaired by Senator Kabiru Marafa.

Though the Senate is on break, the committee was mandated to conduct the public hearing because of the urgency of the matter.

However, the committee has said it would be strictly about scarcity of petrol.

The issue of subsidy had come up during the lingering fuel scarcity, which led to the belief that it will be tackled by the committee also.

Two weeks ago, the Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru said petrol was being subsidised to the tune of N26 per litre.

Baru said the landing cost of fuel in the country is N171, while it is sold at N145.

The following day, Vice President Yemi Osinbajo distanced the Presidency from the subsidy payment.

Osinbajo said that NNPC was solely responsible for the payment of the subsidy.

The Senate raised objection to the subsidy payment in a statement, saying “it never authorised such.”

Two days ago, the Chief of Staff to President Muhammadu Buhari, Abba Kyari, at a stakeholders meeting in the Presidential Villa, said “the Senate had been notified by the Presidency of the subsidy payment,” a claim that was denied by the spokesman of the Senate, Aliyu Sabi Abdullahi.

 


Source: News Express

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