Reps to investigate petrol subsidy regime from 2017 to 2021 | TheCable

6/29/2022 11:21:00 PM

Reps to investigate petrol subsidy regime from 2017 to 2021 | TheCable

Reps to investigate petrol subsidy regime from 2017 to 2021 | TheCable

The house of representatives has resolved to investigate “petroleum products subsidy regime” in the country. Femi Gbajabiamila, speaker of the house, is scheduled to name members of the ad hoc committee

has resolved to investigate “petroleum products subsidy regime” in the country.Femi Gbajabiamila, speaker of the house, is scheduled to name members of the ad hoc committee which is expected to probe the “petroleum product subsidy regime” from 2017 to 2021 on Thursday.

The resolution was passed during plenary session on Wednesday following the adoption of a motion sponsored by Sergius Ogun from Ogun state.Speaking on the floor of the house while moving his motion, Ogun said the subsidy regime has been “unscrupulously” used and demands legislative intervention.

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Una Sha wan collect una share simple Make una de waste una time

Reps want medical students evacuated from Ukraine absorbed into Nigerian varsities | TheCableThe house of representatives has asked the Medical and Dental Council of Nigeria (MDCN) to allow final-year medical students that completed their examinations in Ukraine before the invasion, to register HouseNGR Absorbed into schools that are on strike. HouseNGR Let them go back and continue with their abroad schooling since their parents our leaders are not serious with the education here mwech HouseNGR The same universities on strike?what a funny government,this government doesn't have the fear of God/Allah,but I know karma would surely hold each and everyone of them responsible 4 our suffering

We’ll apply diplomatic pressure to help Ekweremadu –RepsThe House of Representatives has resolved to intervene in the organ harvesting case in the United Kingdom involving a former Deputy President of the Senate, Senator Ike Ekweremadu, urging British authorities to handle the case fairly. Pls just leave him there. We the south Easterns don't need him Just negodu misplaced priority!!! Dem no fit use the diplomatic pressure to do the job they were elected to do... Sorry non of them were elected!!! Story story. YORUBAEXITNOW BIAFRANATIONEXITNOW DECAYEDSYSTEMDECAYEDGOVERNMENT

Reps to budget N35bn for NAF's debt to construction firmThe House of Representatives, on Tuesday, mandated its Committee on Appropriations to allocate the sum of N35.403bn in the 2023 budget to offset the liability of the Federal Government, on behalf of Nigerian Air Force Properties Limited, to Blue Boulevard Nigeria Limited for the construction of a shopping mall at NAF Base Port Harcourt, Rivers State. WB asuu 😯😯😲 Money wey be say them no go use am do anything than to tiff am among them. Tueh. No be Naija we dey.

Reps to 'apply diplomatic pressure' to ensure Ekweremadus get justice in UKThe house of representatives has resolved to take measures to enable Ike Ekweremadu, former deputy senate president, and his wife, Beatrice, to get justice in the UK. At Tuesday’s plenary iamekweremadu HouseNGR femigbaja Uk no be naija. iamekweremadu HouseNGR femigbaja So they can save thier very own but allow Nigerians to die in foreign prisons? iamekweremadu HouseNGR femigbaja There is not like diplomatic pressure regarding Ike Ekweremadu case. He has committed an offence which was why he was arrested. So, let him face the wrath of the law in UK. That will serve as deterrent to our so-called leaders who are shameless.

Organ Harvesting: Provide Ekweremdu with consular support - Reps to Foreign Affairs MinistryThe House of Representatives has urged the Federal Ministry of Foreign Affairs and Nigeria’s High Commission to the UK to ensure embattled Senator Ike How many Nigerians abroad have they provided with consular support. These people are wicked indeed.

Reps oppose MDCN on medical, dental certificates from UkraineThe House of Representatives has asked the Medical and Dental Council of Nigeria to accept medical and dental certificates from war-torn Ukraine. The Sanusi will rather die or fail more FTDr's in response to this, man doesn't like his ego bruised

house of representatives has resolved to investigate “petroleum products subsidy regime” in the country.Reps want medical students evacuated from Ukraine absorbed into Nigerian varsities Author: June 28, 2022 9:22 PM The house of representatives has asked the Medical and Dental Council of Nigeria (MDCN) to allow final-year medical students that completed their examinations in Ukraine before the invasion, to register with the council.Immigration dismisses organ donor’s underage claim, Ebonyi, Dickson back Ekweremadu Gbajabiamila partly said, “I have spoken with the Nigerian High Commissioner (to the UK, Sharafa Ishola) who has been extremely proactive in this matter and I expressed the need for him to continue to avail Senator Ekweremadu with all the necessary assistance that he will need to prove his case.Insecurity: NAF partners British military to train 150 Special Forces The House upheld the recommendation urging the Federal Government to acquire the liability on behalf of the Nigerian Air Force and its establishment due to the collapse of agreements between the parties which ought to end in 2032.

Femi Gbajabiamila, speaker of the house, is scheduled to name members of the ad hoc committee which is expected to probe the “petroleum product subsidy regime” from 2017 to 2021 on Thursday. The resolution was passed during plenary session on Wednesday following the adoption of a motion sponsored by Sergius Ogun from Ogun state. The resolution was passed during the plenary session on Tuesday following the adoption of a motion of urgent public importance sponsored by Tajudeen Yusuf from Kogi. Speaking on the floor of the house while moving his motion, Ogun said the subsidy regime has been “unscrupulously” used and demands legislative intervention. I believe the Chairman of the House Committee on Foreign Affairs, Buba Yusuf, should also get in touch with his foreign affairs counterpart in the UK Parliament. Advertisement “As of 2002, the NNPC’s purchase of crude oil at international market prices stood at 445,000 barrels per day in order to enable it to provide petroleum products for local consumption,” the lawmaker said. Advertisement MDCN had advised “students who are currently studying medicine or dentistry in Ukranian medical schools to seek transfer to other accredited medical or dental schools in other countries for the completion of their programmes”. “As of 2002, the installed capacity of Nigeria’s local refineries stood at 445,000 barrels per day, however, their capacity utilization began to nosedive and eventually fell completely to zero due to the ineffectiveness and alleged corruption of critical stakeholders in the value chain. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

“Due to the decline in the production capacity of the refineries, NNPC found it more convenient to export domestic crude in exchange for petroleum products on trade by barter basis described as Direct Sales Direct Purchase (DSDP) arrangement. “For the avoidance of doubt, Council categorically states that online medical training done in any part of the world is short of an acceptable standard and is not recognised by the MDCN. I wish the Senator and his family well. Advertisement “Component costs in the petroleum products subsidy value chain claimed by the NNPC is highly over-bloated while the transfer pump price per litre used by the NNPC in relation to PPMC is underquoted as N123-N128 instead of N162-N165 and this fraudulent under-reporting of N37-N39 per litre translates into over N70 billion a month or N840 billion a year. “Consumption rate of petroleum motor spirit (PMS) is 40 million to 45 million per day, however, the NNPC uses 65 million to 100 million litres per day to determine subsidy as discoverable from NNPC’s monthly reports to the federal allocation committee (FAAC). “Contrary to the impression the MDCN is creating, the vast majority of these students either in years 3 to 6, only did online study/training for a few months in 2020 due to COVID-19 which happened all over the world, and in the past three months as a result of the ongoing war between Ukraine and Russia,” the lawmaker said. “Subsidy regime has been unscrupulously used by the NNPC and other critical stakeholders to subvert the nation’s crude oil revenue to the tune of over $10 billion with records showing that as of 2021, over $7 billion in over 120 million barrels have been so diverted. We cannot allow this to happen. “There exists evidence that subsidy amounts are being duplicated, thus subsidy is charged against petroleum products sales in the books of NNPC as well as against crude oil revenue in the books of NAPIMS to the tune of over N2 trillion. “The bulk of these medical students having spent between four to six years in the pursuit of their respective academic and professional ambitions, going by the MDCN regulation, are at serious risk of not only losing these years of rigorous training but huge financial losses to their parents.

” Advertisement The motion was adopted when it was put to a voice vote by Gbajabiamila. The ad hoc committee members to be named on Thursday has eight weeks to carry out the investigation and report back to the house. He said MDCN’s position should not be allowed to stand because the country is facing a shortage of medical personnel, and the situation may get worse if the MDCN rollout “an insidious policy that may have debilitating consequences on the nation’s health sector”. But from what is happening so far, we feel that all the privileges and status that he is supposed to enjoy has been thrown to the dustbin. Tags .