OrderPaperToday – Former Minister of Petroleum Resources, Mrs. Deziani Allison-Maduekwe Wednesday failed to appear before the House of Representatives adhoc committee on crude oil swap.
The Adhoc Committee chaired by Mr. Zakari Mohammed (APC, Kwara) had blown a lot of hot air about having Mrs. Maduekwe appear before it Wednesday March 2, 2016 to explain her roles in the controversial crude-for-petroleum products implemented under her tenure as minister.
Confronted with the absence of the former minister however, the chairman and members of the committee kept mum on the development refusing to refer to the issue.
The lawmakers instead issued another summon to the permanent secretary of the Finance ministry to appear before it to explain why there the quantity of oil products importation since 2008 was not monitored for compliance with the terms of the purported oil swap agreement agreement.
From the amount, Trafigura defaulted in paying taxes worth $642,536,470 while Duke Oil owes the country $4.7 million worth of taxes on imported petroleum products under the crude oil swap between 2010 and 2014.
It would be recalled that Duke oil company had refused to pay it tax to Nigeria on the claim that the company was not established in Nigeria but in the United Kingdom.
Earlier at Wednesday’s hearing, Assistant Comptroller, Nigeria Customs Service (NCS), Ayalogu Anthony revealed that the quantity of oil product being imported into the country were not declared at the border rather reports were simply given to them before the arrival of such content.
“The exact quantity of oil product brought into the country are not known by the
Nigeria Customs Service. We’re not allowed to check it at the border,” Anthony said.