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Breaking: Reps Raise Crack Team to Probe Oil Subsidy Regime Under Buhari

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By Ubong Ukpong, Abuja

The House of Representatives yesterday, raised a crack adhoc committee, to Probe the petroleum Products subsidy Regime in the last five years, from 2017 to 2021

The committee was given eight weeks to carryout this investigation and report back to the House for further legislative action.

The decision was sequel to a motion on the “Need to Investigate the Petroleum Products Subsidy Regime in Nigeria from 2017 to 2021”, brought before the Honda by Hon.

Sergius Ose Ogun.

The lawmaker had said that his motion was informed by section 88 (1) and (2) of the Constitution of the Federal Republic of Nigeria (As Amended) , which empowered the National Assembly to conduct investigations into the activities of any authority executing 

or administering laws made by the National Assembly;.

He also noted that Section 32 of the Petroleum Industry Act, 2021 saddled the Petroleum Midstream and 

Downstream Regulatory Authority with the task of regulating and monitoring technical and commercial 

midstream and downstream petroleum operations in Nigeria.

Ogun informed the House that as of 2002, the NNPC’s purchase of crude oil at international market prices stood at 445,000 barrels per day in order to enable it to provide petroleum products for local consumption.

He was concerned that as at 2002, the installed capacity of Nigeria’s local refineries stood at 445,000 barrels per 

day, however, their capacity utilization began to nosedive and eventually fell completely to zero due to the 

ineffectiveness and alleged corruption of critical stakeholders in the value chain.

The lawmaker said he was aware that due to the decline in the production capacity of the refineries, NNPC found it more convenient to export domestic crude in exchange for petroleum products on trade by barter basis described as Direct Sales Direct Purchase (DSDP) arrangement.

He said he was further aware that component costs in the petroleum products subsidy value chain claimed by the NNPC was highly over-bloated while the transfer pump price per litre used by the NNPC in relation to PPMC was 

underquoted as N123-N128 instead of N162-N165 and this fraudulent under-reporting of N37-N39 per 

litre translates into over 70 billion naira a month or 840 billion naira a year.

The legislator worried that the consumption rate of Premium Motor Spirit (PMS) was 40million to 45million litres per day, however, the NNPC used 65 million to 100 million litres per day to determine subsidy as discoverable 

from NNPC’s monthly reports to the Federal Allocation Committee (FAAC).

He also worried that the subsidy regime has been unscrupulously used by the NNPC and other critical 

stakeholders to subvert the nation’s crude oil revenue to the tune of over 10 billion US dollars, with records 

showing that as at 2021, over 7 billion US dollars in over 120 million barrels have been so diverted.

The lawmaker was disturbed that “there exists evidence that subsidy amounts are being duplicated, thus subsidy is charged against petroleum products sales in the books of NNPC as well as against crude oil revenue in the books 

of NAPIMS to the tune of over N2 trillion.”

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Board Sanctions 118 Immigration, Civil Defence Officers

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The Board of NSCDC, Fire Service, Correctional, and Immigration Service, has approved the sanction of 118 personnel for various offences.

The Board Chairman, Dr Olubunmi Tunji-Ojo, made this known at the end of their meeting on Thursday in Abuja.

Tunji-Ojo, who is also the Minister of Interior, told newsmen through the board Secretary, Alhaji Ahmed Ja’afaru, that the erring officers were punished after facing disciplinary panels  for various offences.

“These offences range from misconduct, negligence of duty and outright absence from duty posts.

“In the Nigerian Correctional Service (NCOs), there were 48 cases of offences, in the Nigerian Immigration Service (NIS), there were 21 cases.

“Also, in the Federal Fire Service (FFS) there were 12 cases while in the Nigerian Security and Civil Defence Corps (NSCDC), there were 37 cases,“the minister said.

Tunji-Ojo added that the board has reviewed and approved new guidelines for appointments, promotions, discipline and general purpose in the services.

He said that the board also considered and approved the timeline for the conduct of the 2024 promotion exercise in the four services.

“The board considered and approved the review timeline for the conduct of the 2023/2024 fire service recruitment.

“As for the ongoing recruitment in the fire service, we hope to publish the names of the successful applicants latest by June 15. That is where we are for now.

“We also want to use this medium to warn the general public to ignore whatever they have been seeing or hearing in the social media space as they did not emanate from the board.

“This is because, we have come to realise that the social media world had been awashed with fake news telling applicants to come for screening exercise or pay certain amount of money.

“Let me put it emphatically that the board is not asking anyone to pay money for recruitment.“

He urged applicants to be patient, saying successful candidates will be notified to come for further screening through their emails and mobile lines. (NAN)

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NSCDC Inaugurates Female Strike Force to Secure FCT Schools

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The FCT Commandant of Nigeria Security and Civil Defence Corps (NSCDC), Mr Olusola Odumosu, has inaugurated the corps Female Strike Force to protect schools in the territory.

A statement by the command’s Public Relations Officer, Samuel Idoko, on Thursday in Abuja, said the inauguration followed the completion of a three day training for the personnel.

Odumosu said that the primary responsibility of the strike force was to ensure the safety of all schools in the territory.

He said that the training had equipped them with the needed skills and capabilities to carry out their duties.

According to him, the training is a follow up to the recent meeting of all FSF Unit Commanders with the Commandant General, Ahmed Audi.

Audi had charged them to be up and doing in view of the reported cases of kidnapping in some parts of the country.

“The training is imperative to ensure compliance with the CG’s directive on the mandate of securing schools for the safety of students and staff.

“Cases of abduction in schools must come to an end, that is the primary purpose of this training.

“We need to restore the confidence of the people in our ability to secure schools in the FCT,” the commandant said.

He therefore called on schools in the FCT to register with the National Safe School Response Coordination Centre, so that they could be added to the ecosystem.

Odumosu explained that the registration was free and meant to ensure better coordination and make responses to emergencies more quicker and efficient.

Odumosu assured that the training and retraining of the personnel would be held regularly to ensure prompt response to any security threat.

“We must make schools safe haven once again for children,” he added.

He charged the female strike force to conduct routine patrol and surveillance of schools to prevent threats and attacks.

He also enjoined the strike force to hold periodic security awareness and enlightenment talks for student and teachers.

Odumosu also directed the operatives to abide by the corps’ Standard Operational Procedure in discharging their duties and avoid over zealousness in the use of force or fire arms.(NAN)

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Tinubu Appoints Bello as new Chairman of CCB

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President Bola Tinubu has appointed Dr Abdullahi Usman Bello as the new Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate.

This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Thursday in Abuja.

Ngelale said that Bello was a consummate professional with more than 25 years of work experience in consulting, banking, law enforcement, financial services and academia.

He said that the President anticipated the new Chairman would lead the Bureau with utmost integrity toward the realization of its mandate of maintaining high standards of public morality in the conduct of government business.

Ngelale said Tinubu expected the new appointee to ensure that the actions and behaviour of public officers conform to the highest standards of morality and accountability.(NAN)

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