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Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment - Politics - Nairaland

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Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by iluvnaija: 9:18pm On Apr 22, 2012
Minister of Petroleum, Diezani, Alison-Madueke
By Bassey udo

Subsidy payment was reinstated in spite an existing presidential directive against it. And targeted consumers didn't benefit from scheme

The Kero-Direct scheme initiated by the Nigerian National Petroleum Corporation (NNPC) in July 2011 to help distribute household kerosene (HHK) to consumers nationwide may have been a scam to defraud Nigerians and extort money from the Petroleum Support Fund (PSF), the House of Representatives Adhoc Committee on Fuel Subsidy Probe has said in its report.

Under the scheme, which enjoyed the full support of the Minister of Petroleum Resources, Diezani Alison-Madueke, the Pipelines and Products Marketing Company (PPMC), a subsidiary of the NNPC in charge of petroleum products marketing and distribution, provided the product sold to end users at N50 per litre using the facilities of an independent marketer, Capital Oil and Gas Industries Limited.

But the committee said the scheme was not only implemented in defiance of a subsisting presidential directive removing kerosene from the subsidy regime, but also designed in a way the product would not get to the target beneficiaries at the approved price.

The committee found that the product, which was supposed to be distributed to consumers nationwide at the subsidized price, sold only at the 36 NNPC mega stations out of over 24,000 retail outlets across the country.

Outside the mega stations, the committee said there was massive diversion of the product, which was resold to consumers at between N130 and N150 per litre in the open market, because the NNPC chose to use operators that did not have the outlets to handle the distribution.

Consequently, the committee has asked the NNPC to refund the over N310.42billion deductions it took illegally as subsidy arrears for kerosene supplied in 2009 and 2010, pointing out that this was made in spite of a presidential directive specifically addressed to the minister, who is also chairman of the NNPC Board of Directors.

“The Committee could not find any reason why the minister, if convinced on the need to reinstate subsidy on kerosene, did not take any action on that, instead of condoning the illegal payments,” it said.

It was gathered that late President Umaru Musa Yar’adua had in memo Memo No. SH/PSP/24/A/819 of June 17, 2009 to the Minister of Petroleum Resources directed that subsidy on kerosene be removed, as the continued payments by government did not get to the intended beneficiaries.

In spite of the directive, the NNPC reportedly pressurized the Pipelines and Products Pricing Regulatory Agency (PPPRA) into processing the payment of subsidy arrears on the product, despite that consumers hardly got the commodity at the controlled price in the open market.

“When the Ministry of Petroleum Resources discovered that the removal of subsidy on kerosene was not expedient, it should have gone back to the President for the vacation of the directive,” the committee noted in its report. “Having failed to do that and with the evidence that the product was never sold at N50 (apart from the 36 mega stations) since 2009, there was no basis for seeking any vacation of the order in 2011.”

The committee also criticized the agreement entered into with Capital Oil & Gas Limited for the use of its tank farm to store about 94,330,030 litres of products, which was later confiscated and sold off by the company to recover a nine-month storage fees debt by NNPC.

http://saharareporters.com/news-page/petroleum-minister-alison-madueke-indicted-over-n310billion-illegal-subsidy-payment-kerose
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Nobody: 9:21pm On Apr 22, 2012
*LOLOLOOOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


She don overstep o. . . . did she deny GEJ the special peanut butter? grin After so much suspicion surrounding this bytch, she's finally caught.


Waiting for her apologist to defend her. . . . shameless animals.

2 Likes

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by malele(m): 9:58pm On Apr 22, 2012
who will kill all these people for us.
so much corruption in the system

3 Likes

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by iluvnaija: 9:59pm On Apr 22, 2012
What a man can steal, a woman can steal even better!

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Nobody: 10:00pm On Apr 22, 2012
...
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by beblessed(f): 10:04pm On Apr 22, 2012
shocked is this real!!!. And i tot there's no money in 9ja? We don die oh
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by WinkWrld: 10:05pm On Apr 22, 2012
is it not stupid that no-body can say or do anything about these people's greed. It is too much. The senate has all it takes pass a vote of no confidence on Good luck Jonathan. Everyone is suffering for the ill attitude of these e.diots. And the world is laughing at us. Nonsense.
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Daddykmighty(m): 10:05pm On Apr 22, 2012
beblessed: shocked is this real!!!. And i tot there's no money in 9ja? We don die oh
itproman: Well what more can we say about this?
beblessed: shocked is this real!!!. And i tot there's no money in 9ja? We don die oh
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by REVOLUTNIS: 10:05pm On Apr 22, 2012
GEJ and all his ministers, special advisers, and his wife are thieves.

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Daddykmighty(m): 10:07pm On Apr 22, 2012
Das lifeDas lifeDas life
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by moremi2008(m): 10:09pm On Apr 22, 2012
A stupid President robbing the country blind!!!! Upside down country, I tell ya!

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by ifeci: 10:11pm On Apr 22, 2012
this lady is just shameless! its obvious that the very public she serves does not like her because she's always in the picture of one scandal or the the other, why doesn't she just do the honorable thing? and she is not even doing anything to better that sector!
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by babaowo: 10:11pm On Apr 22, 2012
oya!!! Cyber's governments in corruption defender? Make unah come and defend your mumsie ooo!!!!

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Nobody: 10:11pm On Apr 22, 2012
All this one na wash!
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by room702(m): 10:12pm On Apr 22, 2012
what a shame.
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Beaf: 10:18pm On Apr 22, 2012
It was gathered that late President Umaru Musa Yar’adua had in memo Memo No. SH/PSP/24/A/819 of June 17, 2009 to the Minister of Petroleum Resources directed that subsidy on kerosene be removed, as the continued payments by government did not get to the intended beneficiaries.
[size=14pt]How can Deziani be indicted for orders given by Yar Adua in 2009 to Rilwan Lukman, the then petroleum minister?[/size]
Arn't those making that argument stup!d people?
They really say Nigerians hate reading. embarassed

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by MacLovington(m): 10:19pm On Apr 22, 2012
Yawn!!

What did you all think before? Why are there no roads, no light, no drugs or equipment in hospitals, no well-fare for orphans and disabled?

Since nobody wants to give them the "Rawlings Treatment", lets wait.

We have not reached our limit of elasticity (breaking point) yet thanks to families and friends supporting each other, remittances from diaspora, 419, hustling and people doing whatever it takes to survive.

A time will come, maybe soon, when some people will be butchered and the entire corrupt elite wiped out.

When it shall happen, it will be like a film. No body will believe their eyes. Mubarak will still be asking himself now if he's just having a nightmare.

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Fynist(m): 10:21pm On Apr 22, 2012
Eba mi kigbe Ole Ole Ole.

2 Likes

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by deloon(m): 10:27pm On Apr 22, 2012
malele: who will kill all these people for us.
so much corruption in the system
I really wish I could.
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Nobody: 10:28pm On Apr 22, 2012
naija which way
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by dabrake(m): 10:35pm On Apr 22, 2012
*blasting eedris' NIGERIA JAGAJAGA on my pc*

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by mangbede: 10:38pm On Apr 22, 2012
History wil judge dem all...One day they or/n their children wil b forced to cough out doz stolen cash,it may take many yrs but i'm sure a radical leader wil bring dis to reality

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Nobody: 10:38pm On Apr 22, 2012
What's the meaning of "which enjoyed the full support of the Minister of Petroleum Resources, Diezani Alison-Madueke" ?

There is nothing, in this report, that directly indicts Madueke. It's one of such ambiguous write ups with "names witheld" signatures that filled Nigeria press. A report is indicting if Madueke gave the orders in contravention of subsisting superior orders,that's not inferential from this so called write up. Did the subsidy stuff start when Madueke assumed the position of Minister upon resignation of Lukman ? If the answer to this question is NO, then the appropriate person to be held accountable is Lukman if indeed there was such an order. If the answer is YES, then who authorized her to reinstate the subsidy?

This report would have been convincing had they sought presidency views that such orders were not given, then we can all scream blue murder and call for her sack. As it is, it nothing more than a beer parlour gossip?
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by kelvincoll(m): 10:40pm On Apr 22, 2012
All i am interested in is the LCM of all ds probe, reports, indictments, gists, gossips, rumours, etc Can some1 pass a verdict jail or maim the culprits and let the country move forward. pple re fainting and dieing by d minute reading stories like ds with huge amounts being mentioned.
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by malc619(m): 10:40pm On Apr 22, 2012
Beaf:
[size=14pt]How can Deziani be indicted for orders given by Yar Adua in 2009 to Rilwan Lukman, the then petroleum minister?[/size]
Arn't those making that argument stup!d people?
They really say Nigerians hate reading. embarassed

I was xpecting Ʊ to post dat ur "sahara lie lie " picture.. Ʊ know D̶̲̥̅̊ one I'm talking abt..
......Grins......
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by member479760: 10:42pm On Apr 22, 2012
ABI SHE DON TWIST THE THIN?
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by MrGlobe(m): 10:43pm On Apr 22, 2012
If you are just subscribing to the magnitude of corruption that has the face of GEJ's girlfriend - mrs allison madueke, you must not be too smart. We have lost confidence in Jonathan. The National Assembly, yes we can impeach a president before all our money disappears

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by GboyegaD(m): 10:44pm On Apr 22, 2012
I only pray she will be prosecuted and we wouldn't be waiting for some foreign government to do this for us as we have in recent times depending of foreign assistance.
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Ilekokonit: 10:48pm On Apr 22, 2012
The whole system from the President downwards stinks to high heavens of corruption. Corruption is too mild a word to describe what happens in Nigeria's corridors of LOOTOcracy. And the sad thing is that they know that they've got our number.

1 Like

Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by gregg2: 10:51pm On Apr 22, 2012
Misrepresentation of facts.
Dezieni was never indicted.

Did some of you here read that story atall before commenting
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by Nobody: 11:05pm On Apr 22, 2012
I expect BEAF to raise his ugly head, and turn this into 'politricks'..

The Kero-Direct scheme initiated by the Nigerian National Petroleum Corporation (NNPC) in [size=14pt]July 2011[/size] to help distribute household kerosene (HHK) to consumers nationwide may have been a scam to defraud Nigerians and extort money from the Petroleum Support Fund (PSF), the House of Representatives Adhoc Committee on Fuel Subsidy Probe has said in its report.

Under the scheme, which enjoyed the full support of the Minister of Petroleum Resources, Diezani Alison-Madueke, the Pipelines and Products Marketing Company (PPMC), a subsidiary of the NNPC in charge of petroleum products marketing and distribution, provided the product sold to end users at N50 per litre using the facilities of an independent marketer, Capital Oil and Gas Industries Limited.

The indictment was based on the bolded date above..
Re: Diezani Alison-Madueke Indicted Over N310billion Illegal Subsidy Payment by clemmonce(m): 11:07pm On Apr 22, 2012
if jonathan should sack all the directors of nnpc pls can some one tel me wat wil happen. because i no understand again

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