x

House to Investigate Stolen Crude

By Doris Ferdinand

The House of Representatives at Wednesday plenary called for the immediate investigation of the allocation of crude oil under the Direct Sale Direct Purchase (DSDP) Scheme.

In a motion moved by Hon. Makki Abubakar Yalleman -APC Jigawa who called the attention of the House to a news paper publication dated 14th February, 2021 noting that the publication was an eye opener of how the Country’s crude oil is being stolen.

Makki said the report in the publication showed that approximately 5.2 million barrels of crude supposedly allocated to comatose NNPC refineries in 2018 under Direct Sales Direct Purchase (DSDP) operations are unaccounted for. Essentially, almost half of the 10.9 million barrels of crude oil allocated for domestic supply between June 2018 and July 2019 as reported by NNPC is either stolen or diverted.

Worried at the spate of missing national revenue, Yalleman said;

“Unless these leakages are being plugged, they will deepen the national deficit even further thus drepriving the country of the much needed development.”

The house therefore referred the matter to the House committee on Petroleum Resources (downstream) for further legislative action.

Hot this week

NASENI-PICTT Launches DELTA-2 Second Call for Proposals

…As FG Insists on Commercialization of R&D Results to...

Alleged Malicious Post on Tinubu: Sowore Faults DSS Letter

By Achadu Gabriel, Kaduna Human rights activist and former presidential...

Gov Ododo Condemns Egbe Bandits’ Attack, Vows Justice for Fallen Heroes

By Noah Ocheni, Lokoja Kogi State Governor, Alhaji Ahmed Usman...

Troops kill wanted bandit Babangida in Kogi gun duel

By Noah Ocheni, Lokoja Troops of the 12 Brigade, Nigerian...

FG Adopts Funding Prioritization Framework for NNPCL Tax Credit Projects

By Jabiru Hassan The Federal Ministry of Works has adopted...

Gov Sule Hands Over Headquarters Complex to North Central Development Commission in Lafia

By Israel Adamu, Jos Nasarawa State Governor, Engr. Abdullahi Sule,...

Kogi Govt Vows to Clamp Down on Youth Aiding Bandits

By Noah Ocheni, Lokoja The Kogi State Government has warned...

8th Zenith Bank/Delta Principals’ Cup Kicks Off September 18

By Anne Azuka The 8th edition of the Zenith Bank/Delta...

Kaduna ADC Stakeholders Petition Police Commission, Demand Probe of El-Rufai

By Achadu Gabriel, Kaduna Stakeholders of the African Democratic Congress...

China Commissions 14th Chinese Corner in FCT School

The Chinese Embassy in Nigeria on Tuesday inaugurated a...

Governor Sule and the Two Horsemen: How Synergy Is Redefining Governance in Nasarawa

By Leo Zwanke, Lafia When Engineer Abdullahi Sule assumed office...

Related Articles

Popular Categories

spot_imgspot_img