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Home Uncategorized

FG must justify fresh N3tn vote, others for fuel subsidy – Senate

JEO report by JEO report
January 31, 2022
in Uncategorized
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FG must justify fresh N3tn vote, others for fuel subsidy – Senate
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FG must justify fresh N3tn vote, others for fuel subsidy – Senate

The Senate has said the Federal Government will have to justify the fresh demand for N3tn for the extension of the subsidy on petrol before it is approved by the National Assembly.

The Chairman of the Senate Committee on Media and Public Affairs, Ajibola Basiru, made this known against the backdrop of the controversy surrounding the actual volume of petrol, which Nigeria consumed daily.

The government is billed to present executive bills to the parliament to amend the 2022 Appropriation Act and the Petroleum Industry Act, as part of the move to extend the subsidy regime, following the protests that greeted its planned removal.

Already, the House of Representatives, last week, resolved to investigate the correct daily consumption volume and the actual state of the nation’s four refineries. The Speaker, Femi Gbajabiamila, had set up two ad hoc committees to carry out the probes separately within six and eight weeks, respectively.

The Senate’s spokesman stated that whatever the executive proposed would not enjoy automatic approval.

When asked if the Senate would determine the actual volume of products consumed daily before approving the coming requests, Basiru said, “Every request made to the National Assembly will be scrutinised by the relevant committees before we take a decision.

“We will scrutinise all the requests and see whether they are justifiable or not, in line with our constitutional mandate and oversight function.”

JEO report

JEO report

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