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Monday, August 15, 2022

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'We would no longer approve N4trn for fuel subsidy' - Reps

‘We would no longer approve N4trn for fuel subsidy’ – Reps


OrderPaperToday- The House of Representatives has stated that it would no longer appropriate the sum of N4 trillion for annual budgetary payment for petrol subsidy.

This position was made known by the Chairman of the Adhoc Committee investigating the State of the Nation’s Refineries,’ Ganiyu Johnson (APC, Lagos) who stated that the payment of subsidy was just a mere conduit pipe to şiphon the already scarce resources.

Ganiyu expressed disappointment with officials of the Nigerian National Petroleum Corporation (NNPC) Limited and other operators of the refineries over their absence at the meeting.

The committee, therefore, summoned them, mandating them to appear on the next adjourned date where failure to do so will attract sanctions.

READ ALSO: Reps Committee on rehabilitation of refineries set to reel out work plan

“We do not want subsidy, and if we do not want subsidy, then the refineries must be working. We must find a way to make them work so we can refine locally. It is a shame. 

So I want to implore everybody, let us work together as Nigerians that we own this nation. We owe our people so we can end the issue of subsidy. That money for subsidy can be channeled to developmental projects if the refineries are working.

On that note, I want to say that the NNPC and the operators of the refineries, this is the last opportunity you would have. I am directing you that you should by next invitation show up, otherwise we would take parliamentary action on NNPC and the operators of the refineries because we cannot continue like this.

You expect the National Assembly to sit down and approve over N4 trillion just for subsidy. Money that should be used for something else. We cannot continue. We have to find a solution to this problem. We must find a way out. And the way out is for us to join hands and make sure those refineries are working,” he said.

The Committee had last week, summoned the NNPC and heads of all refineries in the country which they failed to attend. Their absence at today’s meeting thus makes it a second time.

Lizzy Chirkpi
Lizzy Chirkpi
Lizzy Chirkpi has a BA in French and is a senior reporter at OrderPaper. She has keen interest in photojournalism and video documentary. She's also a writer and author of a book, "Pourquoi Le Francais." She likes reading, traveling and watching movies.
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