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.

Olabode Towoju     JSSCE     Mohammed Abdulahi     Onikijipa     Balogin Alanamu     Afonja Descendants Union     Kwara South     Ilota     Sidikat Uthman Ajibola     Olomu Of Omu-Aran     Christopher Ayeni     Alabi Olayemi Abdulrazak     Magaji Erubu     Communication Network Support Services     Maigidasanma     Mohammed Kamaludeen     Saliu Oluwole     HAMFAT Clinic And Maternity     Suleiman Ajadi     CBT     KWAFFA     Paul Olawoore     Oyeyemi Olasumbo Florence     Tafida Of Ilorin     Kisira     PAACO-PCL Consortium     Amusa Bello     Chief Imam Of Omu-Aran     Dele Belgore     V.O. Abioye     Alao Ayotunde     Valsolar Consultoria     Rafiu Ibrahim     Kamaldeen Gambari     Femi Agbaje     Air Peace     Kazeem Adekanye     Lateef Alagbonsi     Bayo Lawal     Kwara State Printing And Publishing Corporation     Rotimi Oyedepo     Omotoso     Offorjama     Countryside Emerging Leaders Fellowship     Aliyu Kora Sabi     Abdulahi Abubakar Bata     Charcoal     Lola Ashiru     Abdulhakeem Adelaja Amao     Bola Magaji     Ethical College     Kayode Issa     Harafat E. Mukadam     Solomon Edoja     Tanke Road     Owu Fall     Olufolake Abdulrazaq     SGBN     Al-Hikmah Radio     Oro Grammar School     Saba Mamman Daniel     NYSC     Nurudeen Mohammed     Ahmed Shuaib Buranga     Ahman Patigi     ANCOPPS     Oniye     Kwara 2023     Bayer Nigeria Limited     Frootify     Ayotunde Emmanuel Alao     Adeola Abraham     CCB     Ahmad Uthman     Academic Staff Union Of Universities     Kayode Oyin-Zubair     Rapheal Ashaolu    

Cloud Tag: What's trending

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

NAWOJ     Oke-Kura     Federal Allocation     Segun Adeniyi     Abdullahi Saadudeen Alikinla     Sidikat Akaje     Ilorin.Info     Niyi Ogundiran     Olayinka Are     Charles Ibitoye     Ambassador Kayode Laro     NIRSAL     Afolayan     Ishaq Abdulkarim     Taofeek Ibraheem     Tunde Yusuf     Shettima Of Ilorin     Taofik Abdulkareem     Offorjama     Ibraheem Abdullateef     Yahaya Dumoye     Bankole Omishore     Lola Olabayo     Ibrahim Mashood     Bamidele Adegoke Oladimeji     Abubakar Suleiman     Olupako     Amuda Aluko     Habeeb Abdullahi Al-Ilory     AbdulRasaq Abdulmajeed Alaro     Salmon Babatunde Salmon     Ajidagba     Baboko     Idris Garba     Ilorin     Fatimat Saliu     Kwara State Government     David Oyepinola Adedumoye     Shagari     Clara Nwachukwu     Timothy Akangbe     Ayekale     Mamatu Abdullahi     Chief Imam Of Ilorin     SAPZ Project     Share/Tsaragi     AGM Professional Services     Bello Bature     Abdulmumin Yinka Ajia     Haleeman Salman     Ayinke Saka     Abegunde Goke     Bayo Lawal     Abdulwaheed Musa     Funmi Salau     Haliru Dantoro     Isin     MAI Akande     NITDA     Tunde Akanbi     Lithium Deposit     COEASU     Dar-Al-Handasah Consultants Ltd     Marafan Shonga     Ganmo     Isiaka AbdulRazaq     Oluronke Adeyemi     Rabiu Kwankwaso     Ahmad Ali     Olabanji Orilonishe     IF-K     Ahman Patigi     Idowu Aremu     S.O. Opowoye     Gafaru Olayiwola Olorisade     AGILE Programme     Matthew Babaoye