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updated 10:20 AM UTC, Dec 13, 2023

Scarcity Of Fuel: Nigerian Senate Rejects Committee Report On Downstream Petroleum

Unic Press UK: The Senate of the Federal Republic of Nigeria at plenary on Tuesday rejected the report that was presented by its Committee on  Petroleum (Downstream). The committee is mandated to investigate/determine the root causes of the incessant scarcity of fuel (also known as Premium Motor Spirit) in Nigeria, among other things.

The Senate President insisted that any report from the Committee on  Petroleum (Downstream) should address the key issues, including the root causes of fuel scarcity and the existence or otherwise of subsidy payment from the current government.

The committee is expected to establish the country’s daily consumption of fuel, unraveling why the Nigerian National Petroleum Corporation (NNPC) reported 40 million litres of daily import, whereas the official position of the Nigerian government is that the current daily consumption is 30 million litres. In a news report ‘Kachikwu Reels out Recipé for Sustained Petroleum Products Supply’ on its website of 4th January 2018, the NNPC said:

“the prevailing NNPC one-Cargo-per day fuel import arrangement  designed to guarantee the daily discharge of over 40 million litres of petrol.”

NNPC one-Cargo-per day fuel import arrangement  designed to guarantee the daily discharge of over 40 million litres of petrol.

Senator Kabir Marafa [representing Zamfara Central Senatorial District] who is the chair of the committee on downstream petroleum was told by several of his colleagues at the Senate’s plenary that the report of the committee was bereft of the basic requirements.

The Senate also directed its Public Accounts Committee to investigate the issue of unauthorized spending of public funds by Ministries and Departments and Agencies (MDA) in the petroleum sector.

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