OrderPaperToday – The House of Representatives Committee on Finance on Wednesday accused the Petroleum Products Pricing Regulatory Agency (PPPRA) of doctoring figures on daily consumption of Petroleum Motor Spirit (PMS) and other petroleum products in the country.
The Committee asked representatives of the agency to stand down their presentation and reappear on Thursday to give clarification on discrepancies observed in the documents submitted before it.
PPPRA Assistant General Manager (AGM), Corporate Services, Kimshi Apollo, could not give clear answers to some of the questions asked by the lawmakers, especially bordering on submissions that the daily output of PMS and other products has been the same from 2018 to 2019.
The Committee noted that the agency provided conflicting records on the daily discharge and consumption of petroleum products in the country.
“The records presented have contradictions that cannot be ignored,” Mr. Faleke said.
In his response, Apollo said, they brought the constant figure of 48 million litres based on what transpired earlier Monday regarding the average daily consumption by the Department of Petroleum Resources (DPR).
In his ruling, the Committee chairman directed PPPRA to produce the records of all the daily output of petroleum products as well as the revenue remittances to the federal government unfailingly.
He also demanded the Financial Reporting Council (FRC), Office of the the Accountant General of the Federation Office as well as the Nigeria National Petroleum Corporation (NNPC) to scrutinize the records of PPPRA and reappear on Thursday.
The lawmakers also observed that the daily consumption of PMS was put at 48 million litres within the period under review while Automotive Gas Oil (AGO) was put at 10.5 million litres per day.
However, in another document the agency claimed that it discharged 59.90 million litres daily in January 2019, 55.04 million in February and 55.66 million litres in March.
The documents further indicated that, the supply jumped to 60.27 million litres in January 2020; then 60.56 million litres in February; and down to 56.07 million litres in March 2020.
The supply further jumped to 61.92 litres per day in January 2021 and down to 58.09 million litres in January and moved up to 66.64 million litres in March 2021.
The Finance Committee has been meeting with MDAs on the MTEF/FSP.

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