Subsidy: Reps demand details of crude lifted, fuel supplied by marketers

*N30bn owed us by FG crippling our business – oil coy

The House of Representatives Wednesday asked oil marketing companies involved in the sale of petroleum products to provide records of all crude oil lifted and premium motor spirit (fuel) supplied to Nigerians and foreigners daily

Chairman of the House Ad hoc Committee on the volume of fuel consumed daily in the country, Hon Sa’ad Abdullahi gave the order at the continuation of the investigation in Abuja Wednesday.

He said the committee would write to the Nigeria National Petroleum Plc. (NNPC) demanding an explanation from the agency on the circumstances in which Vitol, an oil marketing company, was engaged in oil lifting.

He further said that the 43 invited oil companies should provide records of crude oil lifting, clean records of PMS supply on a daily basis, letters of authority to lift crude oil and other necessary supporting documents on the subject of the investigative hearing.

Meanwhile, an oil marketing conglomerate, A-Z Oil Nigeria Ltd has called on the House to intervene and prevail on the Ministry of Finance to pay the N30 billion debt owed by the Federal Government.

While appearing at the probe panel, the Business Development Manager of the company, Mr Hayford Udochukwu said that the debt owed the firm by the government being the differential and interest in oil sales is crippling the company’s business.




Abuja Civil Servant reveals (FREE) secret Fruits that Increased his Manh0d size, gives Stronger Erections and ends Premature Erection in 7days...




%d bloggers like this:
Fake Richard Mille Replica Watches, The ceramic upper and lower cases are imported from Taiwan and are processed by ATPT ceramics to form Y-TZP ceramics. After high-tech anti-fingerprint technology, they present a delicate and soft sub-black material. This color quality has remained unchanged for a hundred years. The color and luster are more detailed to achieve the ceramic tone visual pattern electroplating upper and lower shells that are infinitely close to the original products, with anti-reflective coating sapphire glass! The tape uses a soft and delicate Malaysian imported top rubber strap, and the movement is equipped with an imported Seiko NH movement. The buckle of this version is made according to the original size and thinness, making it feel more comfortable and intimate, the highest version on the market Richard Mille Replica