Subsidy probe: House to approve panel’s recommendations

Date: 2012-04-23

The House of Representatives will approve the recommendations of the fuel subsidy probe panel this week, the Chairman of the Committee on Judiciary, Ali Ahmad, has said.

A member of the Ad-hoc Committee on Fuel Subsidy said some governors and ministers are involved in the oil subsidy scam.

Ahmad told reporters at the weekend in Ilorin, Kwara State, that there was a plot to impeach the Speaker,  Aminu Tambuwal.

He said the people were not happy with the Speaker's decision not to intervene in the fuel subsidy committee's assignment. 

The lawmaker, who represents Ilorin East and Ilorin South, advised the Federal Government against delaying the implementation of the report. 

Ahmad said: "We learnt some of them (oil cabal) have started mobilising against Tambuwal to impeach him because they have seen that he didn't disturb us throughout the probe. 

"And Tambuwal said the report will be debated live so that there is nothing hidden.

"Remove Tambuwal or not, the House and Nigeria remain the same. Even Tambuwal is unremovable. You know he was not elected from outside. He is from inside." 

"The oil business is like a secret society thing. If you don't belong, you don't belong. Oil industry is so small, but so powerful. 

"I'm even surprised I haven't started seeing advertorials here and there. They have lots of money and  nothing to do with it,"he said.

Ahmad said the implementation of the report would bring about standardisation in the prices of petroleum products.

"Petroleum products should not be N60 today, N80 tomorrow by one government and another government comes with N100 or N140. 

"We could achieve standard price on petroleum and that's what this report is all about."

He alerted Nigerians on the plan by Federal Government to increase money spent on oil subsidy before the end of the year.

 "The Federal Government doesn't need to spend N888 billion in the budget for oil subsidy this year. 

Central Bank of Nigeria (CBN) Governor Sanusi Lamido has said even the N888 billion will not be sufficient. They've started and Nigerians should wake up. We are just in April and Lamido is saying that. So, it means we might see another one trillion or two trillion before the end of 2012."

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Balikis Jawondo     Busari Alabi Alausa     Tope Daramola     AbdulRahman Saad     Joseph Yemi Ajayi     Isiaka AbdulRazaq     Hassanat Bello     National Pilot     Amusement Park     Malete     Alabi Olayemi Abdulrazak     LABTOP     High Court     Lanre Jimoh     New Model Police Station     Ibrahim Abikan     Hijab     Kwara State Television     Olatunji Ayeni     Eghe Igbinehi     Taibat Ayinke Ahmed     Danladi     Abdulmajeed Wahab     Oba Abdulrahim     Salmon Babatunde Salmon     Bolakale Kawu Agaka     Joseph Daudu     Special Adviser On Digital Innovation     Oke-opin     Balogun Ajikobi     Moronfoye     Bashir Omolaja Bolarinwa     Sunday Popo-Ola     Fatima Abolore Jimoh     Kwara Metro Park     YAKOOYO     Saba Jibril     Nurudeen Mohammed     Police Commissioner     Sulyman Atolagbe Alege     Vasolar Consultoria     Micheal Imoudu     Ajayi Okasanmi     Funmilayo Oniwa     Ajike People Support Centre     IFK     Oko-Olowo     Najim Yaasin     BIR     Lasiele Alabi Yahaya     NNPP     NIPOGA     Towobola Abdulrahman Toyin     Oloye     TIIDELab     Kale Ayo     Sidikat Uthman Ajibola     Farouk Salim     Press Release     Prince Mahe Abdulkadir     Busari Toyin Isiaka     Lanre Olosunde     CCB     Monthly Sanitation     Saudat Abdulbaqi     Memunat Monsuma     Sola Saraki University     ASKOMP     Oba Abdulkadir La\'aro     Chartered Institute Of Personnel Management Of Nigeria     Abatemi Usman     Muazam Nayaya     Olatunji Abdulmumeen     Gbenga Awoyale     Orisa Bridge     Emir Of Kano     Lawyers Unite Against Corruption    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Tafida Of Kaiama     Mohammed Khadijat Kubura     Saheed Alakoso     Mohammed Saidu     Saliu Mustapha     Saad Omo\'ya     Innocent Okoye     Toyin Olayinka Tejidini     Umar Gunu     N-Power     Ekweremadu     Ijakadi     Split Diamond Interchange     Olokoba Sulyman     Sulyman Abdulkareem     Danhawa     Kisira     Grillo     Bayo Onimago     Kwara Restoration Project     IYA YUSUF     Ajayi Okasanmi     Maja     ER-KANG     Arinola Fatimoh Lawal     Ayo Salami     Ilorin Emirate Staff Association     Asa     AIT Ilorin     Abdulmutalib Shittu     Park     C2c@kwarastate.gov.ng     Muyiwa Oladipo Kanu     Aliyu Kora-Sabi     Col. Adedipe     Modibo Kawu     Firdaos Amasa     Joseph Offorjama     Chief Imam Of Omu-Aran     Ahmad Fatima Bisola     Ojo Fadumila     Joshua Adeyemi Adimula     Abdullahi Atanda     Elelu     Tunji Olawuyi     Mamatu Abdullahi     Bilikisu Oniyangi     Societe Generale Bank Of Nigeria     Ilorin Anchor Men And Women     Saliu Ajia     Oko Erin     Adesina Simon Sodiya     Abdulrazaq Sanni     Ibrahim Abiodun     Hijaab     Presidential Election     Isiaka Abdulrazak     Isin     Nagode     Aminu Ado Bayero     Sola Saraki Educational Foundation     Ajike People Support Centre     Muftau Akanbi Oke     Yahaya Abdulkareem     Kayode Oyin Zubair     Islamic Development Bank     Sidikat Akaje     Ayotunde Emmanuel Alao     Suleiman Alege Kuranga     Yusuf Abubakar     Ilesha-Baruba-Gwanara     Baba Idris     Bisi Kristien     Amos Bajeh     Adolescent Girls Initiative For Learning And Empowerment     Trader Moni     Isiaka Alikinla