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.

Olusola Saraki     Oja-Oba     Abdulwaheed Musa     Lawal Olohungbebe     Ayeyemi Sulaiman     Oba Mogaji Abdulkadir     Sheriff Olanrewaju     Isau     Isiaka Rafiu Mope     Shade Omoniyi     Musibau Akanji     Dairo Kunle Paul     QuickWin     Michael Nzwekwe     Ajike People Support Centre     Amuda Bembe     Chief Imam Of Lafiagi     Obasanjo     Issa Baba     Akanbi-Oke     Busari Alabi Alausa     Binta Abubakar-Mora     Al-Ilory     SSA Youth Engagement     Umar Sanda Yusuf     Mohammed Lawal     Ike Ekweremadu     Patience Jonathan     Young Progressives Party     Pilgrims Board     YAKOOYO     Ibrahim Abdulkadir Abikan     Oniyangi Kunle Sulaiman     Adeola Abraham     Quareeb Islamic Association     Adebayo Salami     Ahmed Alhasssan     Igosun     Apata Ajele Secondary School     Budo-Egba     Musa Aibinu     Ayodele Olaosebikan     Gabriel Fashanu     Adamu Atta     Junior Secondary School Certificate Examinations     Folorunsho Erubu     Neo Mundo Ltd     Abubakar Abdullahi Bata     Ibrahim Jawondo     Ishaq Abdulkarim     Ilorin Innovation Hub     Mufti Of Ilorin     Kwarareports     Saliu Tunde Bello     Kwara State Sports Commission     Talaka Parapo     Jaigbade Alao     Oba Abdulrahim     Haruna Tambiri Mohammed     Abubakar Olusola Saraki     Baba Isale     Elerin Of Erin-Ile     Share/Tsaragi     Oniwa     Okala Baba     NURTW     Taofik Abdulkareem     Ahmad Uthman     Garba Dogo     Ilorin Talaka Parapo (ITP)     Joseph Offorjama     Kwha.gov.ng     Senior Staff Union Of Colleges Of Education     Apado     Afolabi-Oshatimehin Adenike Harriet     Federal Neuro-Psychiatric Hospital     Tunde Mukaila Mustapha    

Cloud Tag: What's trending

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

Yeketi     M.Y. Abdulrahaman     Mufutau Olatinwo     Muhammad Yahya     Apaola     Olupako Of Share     Abdulganiyu AbdulAzeez     Bisi Oyeleke     Oba-Solagberu     Durosinlohun Kawu     Abatemi Usman     Onilorin     Onilupeju Of Ilupeju     Isaac Gbenle     CUTI     Muslimah Entrepreneurship Forum     Kwara State Sports Commission     Alabe     BIR     Pilgrims Board     Alloy Chukwuemeka     Communication Network Support Services     Bashir Adigun     Alimi Abdulrazaq     Afin Descendants Union Of Odo-Owa     Mohammed Abdulahi     Cassava Growers\' Association     Kayode Alabi     Ahmad Lawan     Muhammad Sirajo Aliyu     Abubakar Kawu Baraje     IFK     Damilola Yusuf Adelodun     Henry Olaosebikan     Emir Of Ilorin     Sulyman Atolagbe Alege     Abdulhakeem Adelaja Amao     Abdulrazaq Aiyelabegan     Federal Road Maintenance Agency     Bashiru Makama     Zulu Gambari     MMWG     Mamatu Abdullahi     Ministry Of Women Affairs And Social Development     Musa Ayinla Yeketi     Ishola Balogun Fulani     SWAN     Alanamu     Shaaba Lafiagi     Ben Duntoye     Umar Bayo Abdulwahab     Ilorin Innovation Hub     Adamu Ibrahim Sabi     Chief Imam Of Omu-Aran     ASMAU PLAZA     Halidu Danbaba     Baba Issa Awoye     Taibat Ayinke Ahmed     Trader Moni     Oko Erin     Mansur Alfanla     Ayotunde Emmanuel Alao     Gwanara     Kupchi Hosea Maxwell     Segun Olawoyin     Emmanuel Bello     Sabitiyu Grillo     Lanwa     Jelili Yusuf     Rueben Parejo     Abdulrazak Shehu Akorede     Ahmad Fatima Bisola     Sadiq Umar     Olukotun Of Ikotun     Baba Isale     Olusola Saraki     T And K FOODS