Following attempts by individuals and a group to discredit and disrupt the efforts of the Hon. Farouk Lawan-led House of Reps committee investigating the management of petrol subsidy, the House leadership has restated its resolve not to bow to external pressure or blackmail.
In a statement in Abuja on Sunday the House said through its Media and Public Affairs Committee Chairman, Hon. Zakari Mohammed, that efforts to discredit the good works of the committee and by extension the House of Representatives would not deter them from carrying out their assignment.
According to Hon. Mohammed, the Faroouk Lawan-led committee “will remain focused, in spite of the glaring attacks on their persons and the institution they represent.”
Below Are A Few Of The Revelations That Have Come Out Of The Hearings:
Farouk Lawan: What is Nigeria's daily fuel consumption??
Diezieni: 52million Liters
NNPC: 35m liters
DPR: 43m liters
PPPRA: 24M liters
Okonjo: 40M liters
Farouk Lawan: What was the subsidy for 2011??
Diezieni: 1.4Trillion
Okonjo: 1.3Trillion
CBN: 1.7Trillion
Farouk Lawan: Can we have the KPMG REPORT??
(Download KPMG-Consolidated Detailed Findings-v1)
Okonjo: I have to go through the report first
Diezieni: I have not seen the report
Farouk Lawan: What is the production capacity of our local refineries??
NNPC: 30%
PPPRA: 20%
DPR: 13%
Diezieni: 15%
Farouk Lawan: Does Nigeria pay subsidy on locally refined Products??
Diezaini: it depends
NNPC: The lay man cannot understand how it’s done
PPPRA: yes
DPR: No
Farouk Lawan: Why is Kerosene still scarce??
Diezieni: Because its use by the aviation industry as aviation fuel
NNPC: Because there is no subsidy so NNPC overstretched its resources
PPPRA: it’s not properly deregulated
Farouk Lawan: What is the balance in the subsidy accounts??
Diezieni: it’s a virtual account
NNPC: There is no account in existence as the lay man will look at it
PPPRA: The account is a technical one
CBN: There is no account with us for subsidy
Okonjo: The account exists but not with a bank
More controversial answers coming...
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