Subsidy probe: House to approve panel’s recommendations

Date: 2012-04-23

The House of Representatives will approve the recommendations of the fuel subsidy probe panel this week, the Chairman of the Committee on Judiciary, Ali Ahmad, has said.

A member of the Ad-hoc Committee on Fuel Subsidy said some governors and ministers are involved in the oil subsidy scam.

Ahmad told reporters at the weekend in Ilorin, Kwara State, that there was a plot to impeach the Speaker,  Aminu Tambuwal.

He said the people were not happy with the Speaker's decision not to intervene in the fuel subsidy committee's assignment. 

The lawmaker, who represents Ilorin East and Ilorin South, advised the Federal Government against delaying the implementation of the report. 

Ahmad said: "We learnt some of them (oil cabal) have started mobilising against Tambuwal to impeach him because they have seen that he didn't disturb us throughout the probe. 

"And Tambuwal said the report will be debated live so that there is nothing hidden.

"Remove Tambuwal or not, the House and Nigeria remain the same. Even Tambuwal is unremovable. You know he was not elected from outside. He is from inside." 

"The oil business is like a secret society thing. If you don't belong, you don't belong. Oil industry is so small, but so powerful. 

"I'm even surprised I haven't started seeing advertorials here and there. They have lots of money and  nothing to do with it,"he said.

Ahmad said the implementation of the report would bring about standardisation in the prices of petroleum products.

"Petroleum products should not be N60 today, N80 tomorrow by one government and another government comes with N100 or N140. 

"We could achieve standard price on petroleum and that's what this report is all about."

He alerted Nigerians on the plan by Federal Government to increase money spent on oil subsidy before the end of the year.

 "The Federal Government doesn't need to spend N888 billion in the budget for oil subsidy this year. 

Central Bank of Nigeria (CBN) Governor Sanusi Lamido has said even the N888 billion will not be sufficient. They've started and Nigerians should wake up. We are just in April and Lamido is saying that. So, it means we might see another one trillion or two trillion before the end of 2012."

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Agboola Babatunde     Shehu Raheem Adaramaja     Muritala Olarewaju     Na\'Allah     Millennium Development Goals     Abdulmajeed Abdullahi     Sola Saraki Educational Foundation     Lai Mohammed     Senate     National Information Technology Development Agency     Shonga     Gbemisola Saraki     Amos Justus Sayo     Sango-UITH Road     Nurudeen Muhammed     Magaji Erubu     Taiwo Joseph     Oloye     Bilikisu Gambari     Opaleke Bukola Iyabo     Tunji Folami     Mohammed Abdulahi     Akande Idowu Ayoola Muhammed     Olaitan Buraimoh     Oke Sunna     Abdulquowiyu Olododo     Bayo Ajia     Suleiman Ajadi     HICA     Muhammadu Gobir     Yoonus Kola Olatinwo     Ilota     Wale Oladepo     IsDB     Oloriegbe     Alao Ayotunde     John Mayokun Dada     Wahab Issa     KWASEIC     Forgo Battery     Iqra Books     Mahee Abdulkadir     Towoju     Association Of Kwara State Online Media Practitioners     Binta Abubakar Mora     CCEPE     Kunle Okeowo     EndSARS     All Confederation Of Principals Of Secondary Schools     Prince Mahe Abdulkadir     Baba Idris     Logun     Kassim Babamale     Titus Suberu-Ajibola     Ubandoma Of Ilorin     Shonga Farm Project     Eruku     Abdulbaqi Jimoh     Sheriff Olanrewaju     Donatus Ejidike     Omotoso Musa     Babatunde Idiagbon     Neuropsychiatric Hospital     Oasis Muslim Care Foundation     Saduki Lafiagi     REO CAKES     VADA     Micheal Imoudu     Babaita     Zulkifli Ibraheem     JSSCE     Ahmed Mohammed Rifun     Maryam A. Garuba     Maigidasanma     Mashood Dauda     Oya State     New Naira Notes    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kamaldeen Ajibade     Malete     Abdullahi Samari     Garba Idris Ajia     Igbaja     Oniwa     Gani Saadu     Sarah Alade     UNILORIN Alumni     Agboola Abdulraheem     Hydroelectric Power Producing Areas Development Commission     Oro Grammar School Old Students Association     Okiki     Ayoade Akinnibosun     Suleiman Rotimi Iliasu     Raji Ayodele Kamaldeen     IQRA College     Ridhwanullah Al-Ilory     Eleja     Ileloke     BIR     Bello Taoheed Abubakar     Nigeria Association Of Women Journalists     Monkey Pox     Alikinla     Ayinde Oyepitan     Mahmud Durosinlohun Atiku     Soffiyyallah Kamaldeen     Lanre Badmus     Tunde Mukaila Mustapha     Abdullahi AbdulMajeed     Makama     Umar Ahmed Gunu     Moses Adekanye     Towobola Abdulrahman Toyin     Vasolar     Peculiar Allowance     Waziri Yakubu Gobir     Kamaldeen Kehinde     Olabanji Orilonishe     Kisira     Tayo Awodiji     Ogbondoroko     Ilorin.Info     Adewuyi Funmilayo     Isau     Gobirawa     Yekeen Alabi     Roheemat Hammed     SSA Youth Engagement     Rihanat Ajia     Salihu Yahaya     Abubakar Lah     Colleges Of Education Academic Staff Union     NIPOGA     Lanre Issa Onilu     Alao Ayotunde     Haliru Dantoro     Federal Allocation     SARS     Oba Abdulkadir La\'aro     Oloyede     Laduba     KWASSIP     Kwarareports     Tsaragi/Share     ER-KANG Mining Nigeria Company Limited     Ilorin East/South Federal Constituency     Taofik Abiodun Ahmed     Leke Ogungbe     Iponrin     Kpotum Mohammed Baba     Toyin Sanusi     Societe Generale Bank Of Nigeria     Overland     Muideen Olaniyi Alalade     Afonja