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

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Wike Says Tinubu’s Courage To Move Nigeria Foward Unpresidented

By Joyce Remi-Babayeju Minister of the Federal Capital Territory, Barr....

NAFDAC Issues Health Warning Over Certain Dove Soap, Deodorant Products

The National Agency for Food and Drug Administration and...

Eid Adha: DG NOA Calls For Tolerance Among Nigerians

By Joyce Remi-Babayeju The Director General of the National Orientation...

El-Rufai Not Liable in ₦900m Court Ruling — Legal Team Clarifies

The legal team of former Kaduna State Governor, Mallam...

Enehe Urges Muslims to Embrace Righteous Living

By Noah Ocheni, Lokoja The Chairman of Kogi State Internal...

Senator Joel-Onowakpo Lauds President Tinubu’s Strategic Efforts on Security

Senator Joel-Onowakpo Lauds President Tinubu's Strategic Efforts on Security By...
spot_img

Related Articles

Popular Categories

spot_imgspot_img