Connect with us


Governors probe NNPC’s subsidy, fuel import claims



Governors probe NNPC’s subsidy, fuel import claims

Governors of the 36 states of the Federation have ordered full investigations into claims made by the Nigerian National Petroleum Corporation (NNOC) in the payment of subsidy from 2015 to date.


The sub-committee of the National Economic Council (NEC) comprising governors of Zamfara, Edo, Bayelsa, Kaduna, Plateau and Kebbi states yesterday met with Vice-President Yemi Osinbajo at the presidential villa.


The meeting was attended by officials of the NNPC. Speaking to State House Correspondents after the meeting, the Zamfara State Governor, Abdul’ Aziz Yari, said the committee was worried by the increasing volume of fuel importation by the NNPC with the re-introduction of subsidy payment now called, Cost Recovery. He said before the introduction of the Cost Recovery regime, the NNPC claimed that it was importing between 33 and 35million litres of fuel for local consumption per day but the volumes has suddenly gone up to 60million litres per day.


The Zamfara State Governor, who is also the Chairman of the Nigerians Governors’ Forum (NGF), said: “When there was no cost recovery, the NNPC clearly gave us the number of 33 and 35 million litres per day as the consumption of Nigeria. But now that with the new regime of cost recovery, NNPC is claiming daily consumption of 60 and 65 million liters per day.


“We rejected and said no! So many of our international partners are saying that even if we are feeding Nigeria, Cameroon, Ghana and Niger, we cannot consume more than 35 million liters per day. “So, we are wondering where the 60 million litres is coming from. So, we are trying to sort that one out, that one is not yet resolved,” he stressed.


“We are suspicious of the number. We cannot confirm the difference from 30 million litres per day consumption to 60 and 65 million litres per day consumption. So these are our decisions on the NNPC,” he added. Yari said NEC was now taking a hard decision over the claims by the NNPC.


“But, we are now taking a very hard decision, that because NNPC said the reason why they were lifting 60 million per day is because our borders are porous, so we have taken the decision that any filling station that is 10 kilometers on the border side should be closed by Department of Petroleum Resources (DPR).

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *





%d bloggers like this: