http://businessdayonline.com/2015/05/reps-summon-okonjo-iweala-adesina-over-alleged-n21bn-rice-import-duty-waivers/

Reps summon Okonjo-Iweala,
Adesina over alleged N21bn rice
import duty waivers
The House of Representatives’ ad-hoc
committee on the N21 billion waivers
allegedly granted some rice
importers has summoned Ngozi
Okonjo-Iweala, coordinating minister
for the economy and minister of
finance and Akinwumi Adesina,
minister of agriculture and rural
development, to appear before it
today over the waivers.
Leo Ogor, chairman of the ad-hoc
committee, explained that the
investigative hearing on ‘Rice import
quota and duty payments’ was
geared towards uncovering “fraud
and exposing the endemic corruption
in the importation of rice with a
view to stemming the tide and
boosting employment generation as
well as strengthening the nation’s
depleting foreign reserves.”
Ogor noted that Nigeria remains the
second largest importer of rice
globally with an annual consumption
requirement of about 6 million
metric tons while its domestic supply
is estimated at 3 million metric tons
yearly, with a shortfall of 3 million
metric tons of milled rice per year.
The lawmakers also frowned at the
alleged lapses in the administration
of the quota and duty payable on
excess importation, querying the
powers of the minister of agriculture
to grant such waivers on the basis of
encouraging investment and job
creation to the detriment of local
investors.
Ogor lamented that the gross abuse
of the Federal Government’s fiscal
policy measures on rice under which
the incentives were granted has led
to duty evasion; retroactive quota
allocation by the ministry; and
quotas being skewed in favour of
speculative investors who have no
real investment on ground to show
for their interest in rice.
“The minister doesn’t have the
powers to allocate rice import or
production quota to any company
and then waive duties because the
corresponding revenue involved is
for the entire federation which
consists of the three tiers of
government. The minister should
stop deceiving himself thinking that
he acts for every tier of
government,” Ogor noted.

Questions and Answer time

This is what Oshiomole was talking about and not if our production has increased.

Na so dem go continu dy summon

Summon ni! Sermon kor!! Call me whenever u think our legislators is serious

I thought the children from the west claim that adesina is a saint ?

Wow

God help us... Everything in this country has been upside down from day 1.... and we keep wondering why Nigeria is still in the league of 3rd world underdeveloped countries.

Now this is just simply a summon for clarifications / explanations. But you will soon see the brainless lot pour into this thread claiming their person is being persecuted by just asking her for explanations.

kodded:
I thought the children from the west claim that adesina is a saint ?

Whoever thought adesina was is deluded.
I have always felt he was one overhyped minister because the indices on quantity of imports and Nigeria's export of agricultural products just didn't support his much hyped achievements.Also there has not been any increase in agric's contribution to the GDP aside Nigeria still being a net importer of rice.So where lies d hype?
He probably fooled some with his phone fertilizer scheme and cassava bread that was abandoned as soon as it left aso rock.This was besides the fact that the cassava bread was originally launched by OBJ in the same aso rock to similar fanfare when he was president.
Aside that he had already been nominated by Nigeria as ADB president to which d present govt couldn't go against,I personally bliv his credentials were oversold to PMB.

Why do you keep spending so much on gas when you can make your own gas?

BeeBeeOoh:
Summon ni! Sermon kor!! Call me whenever u think our legislators is serious

seconded!

She will come lecture them

She ain't gonna come. Trust her to remain on Facebook while spouting rubbish .