OrderPaperToday – The House of Representatives Committee on Finance has vowed to get to the root of the actual volume of petrol, also called Premium Motor Spirit (PMS), and other petroleum products consumed in the country.
Chairman of the Committee, Mr. James Faleke (APC, Lagos) expressed the position of the representatives following the absence of the Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), Mr. Abdulkadir Saidu, at the ongoing interactive session on the 2020-2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
Mr. Faleke, who frowned at the failure of the PPPRA boss to appear as scheduled on Thursday, threatened that the Committee will activate relevant sections of the Constitution to compel his appearance.
He said: “We wrote to you to appear before us today (Thursday). You were here two days ago. And you presented documents to us which we reviewed. But we discovered that your figures (on petrol consumption) contradicted itself and we asked you to take a date to appear; and you took yesterday.
“Yesterday, suddenly you presented a letter to say you couldn’t come yesterday. Today, we are here, you must appear before us with your documents. Your figures will determine the volume (of petrol) that we consume in this country and the under-recovery.
“We need to know and if you don’t bring them, we will of course take the appropriate action against you.”
Recall that the Committee on Wednesday directed PPPRA to make appearance to give explanations as to discrepancies noticed in the documents submitted by the agency which did not conform with their presentation at the session.