Alison-Madueke, NNPC, PPMC Shun Reps’ Probe Over Kerosine Subsidy

The absence of the Minister of Petroleum Resources, Mrs. Diezani Alison- Madueke, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu and the Pipeline and Products Marketing Company (PPMC) stalled the House of Representatives Probe Monday.

The lawmakers had proposed investigation into the Kerosene subsidy through a resolution mandated the Dakuku Peterside- headed Committee on Petroleum (Downstream) to investigate issues surrounding kerosene supply, distribution and subsidy payments from 2010 to 2013.

The meeting was eventually postponed to February 18 by the committee chairman, after a long wait for Alison-Madueke, Yakubu and the PPMC representative who failed to arrive.

In a letter to the three principal actors in the oil sector, the committee requested for the provision of all relevant detailed information as it relates to approvals on kerosene subsidy, source of money for payment of the subsidy, budgetary approvals, kerosine import details, PFI allocation and product distribution chart, PPPRA authorization and validations, auditors approval and reports, relevant shipping documents and all other documents that will assist the committee in discharging its responsibility.

It was however gathered that the Honourale Minister together with the top management of the ministry and its agencies were participating in the International Summit on Power Financing starting today, 10th February, 2014.