Reps summon finance minister over fuel subsidy claims

Date:

From Abubakar Yunusa, Abuja 

The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, to make available before it all documents relating to subsidy claims from 2013 till date.

Ibrahim Aliyu, Chairman, special ad hoc committee investigating petroleum subsidy regime said this when Stephen Okon, Director Home Finance in the ministry appeared before it in Abuja on Tuesday.

The chairman of the committee gave the minister August 16 to make herself available with all the relevant documents in subsidy claims.

The chairman said that the minister must answer the total amount released from the consolidated revenue account as subsidy payment from 2013 till date.

READ MORE  MAN to FG: Rebased GDP shows industrial sector underperforming — prioritise manufacturing

He said that the breakdown of beneficiary companies that received subsidy payments from the consolidated revenue account must be submitted before it.

Ms Ahmed recently said that the country will require N6.7 trillion to service the subsidy this year. Mr Aliyu said such claims were worrisome.

He said that it was imperative for the minister to appear before the committee to explain certain actions, adding that the subsidy would be borrowed for Nigerians to enjoy.

He added that the issue was a very serious one that required the concern of everybody, adding that the committee was holding trust for the citizenry.

READ MORE  Ginger farmers lost N12bn in 2023 – Minister

Mr Okon, however, said he had to appear because the ministry did not want to pass information that was not properly processed before the committee.

He said that he came to plead for an extension of time, adding that he was not mandated to make any presentation before the committee.

He said that the ministry would love to ask for additional time to collate information required before the committee. 

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

READ MORE  Kano increases polio campaign coverage to 92%, says Gov Kwankwaso

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

China’s zero-tariff offer, opportunity for Nigeria to diversify export, increase production – Agric Minister

By Ochiaka Ugwu Nigerian Minister of State for Agriculture and...

SMEDAN launches programme to support 100k young entrepreneurs with funding, mentorship

The Small and Medium Enterprises Development Agency of Nigeria...

50 players to battle for ABT football academy scouting slots in Kaduna

By Anan Geolengs No fewer than 50 young...

Kebbi Police Arrest Suspect Over Alleged Desecration of Holy Qur’an 

Kebbi Police Arrest Suspect Over Alleged Desecration of Holy...