The Peoples Democratic Party federal lawmakers caucus on Monday disclosed that Nigeria lost nothing less than N9 trillion to fuel subsidy between 2012 and 2016.

This is even as the caucus‎ set up a 12-man committee to unite the party ahead of its National Convention this Saturday in Port Harcourt, Rivers State.

The PDP federal lawmakers disclosed this after a closed-door meeting which was held at the House of Representatives wing of the National Assembly.

Addressing newsmen after the over one and half hours closed-door session, the Minority Leader of the House of Representatives, Leo Ogor, said the All Progressives Congress needed to apologise to former President Goodluck Jonathan for not allowing him to remove subsidy in 2012.

Ogor, who described the former President as a hero, said Jonathan had good intentions for the country by his move to remove fuel subsidy in 2012.

According to him, Nigeria lost nothing less than N9 trillion to fuel subsidy.

He said it was to cut such loss that Jonathan wanted to remove the subsidy on petrol but was blackmailed.

Speaking on the crisis in the PDP ahead of the convention, the Senate Minority Leader, Godwill Akpabio, disclosed that the 12-man reconciliation committee has been mandated to, within the next 48 hours, bring all the warring groups within the party together before the convention.

Akpabio said: “We had a peaceful meeting here.

“Certain decisions were taken and as the the Minority Leader has told you, we took a lot of key decisions and one of the things we decided on is that we cannot go into a National Convention that is rancorous.

“And so we have set up a 12-man committee to meet with the various factions and interest groups in our party within the next 48 hours to iron out all the grey areas.

“We are meeting with our governors tonight.

“We will meet with the Board of Trustees and other stakeholders under the auspices of Concerned PDP Stakeholder.

“I believe strongly that in the next 48 hours, the entire PDP family will be united and by Thursday/Friday, we will be headed to Port Harcourt with songs of joy, with bands and you will be impressed that, indeed, the party is back on track.

“As as far as the National Assembly is concerned, the Senate and the House of Representatives are one and we were able to arrive at amicable solutions as far as reconciling the party.”


Nigeria lost N9t to fuel subsidy in four years - PDP Senators, Reps -
http://theeagleonline.com.ng/nigeria-lost-n9t-to-fuel-subsidy-in-four-years-pdp-senators-reps/

imagine what that woud av achieved within those years.And some buffons are ready to do s.tupid morning exercise tomorrow and termed it strike.

Jonathan the hero of our time.
Buhari struggling to implement your plans in all spheres of governance. Even the much talked about corruption we are yet to see institutionised framework for fighting corruption

And how much did Nigeria lose to the official PDP-supervised looting spree during the last election alone (at least the masses enjoy small out of the subsidy, how much of the looted funds trickled down to them?)? Not to talk of the 16-years the party held sway. Hypocrites.

the question is how much was spend on subsidy from 1999 to 2012 to warrant that ridiculous increase in just few years?
also pls tell us the impact of our #45, then we might consider offering an apology for our actions on January 2nd, 2012.
oga pmb, we ain't the security officers as insinuated by that your talkative, you are responsible for the pipelines, so protect it, prevent smuggling, kill the graft in nnpc completely, give us fuel at cheap rate, don't tell us it's a necessary evil, a minister of darkness once told us increase in tariff will even cure cancer, but here we are today, they won't even allow us enjoy the darkness in peace, they now increase the cost of darkness.

better late than never

One tin must kill a man

Finally our main opposition party have over come the trauma of the election lost.
This is how to play opposition in a sane way, I now believe that PDP can find back their voice, unlike our wailing brothers here who are yet to recover from the shock of the recent election lost who wail profusely on every policy of the government and the unpatriotic ones among them wish the country arm just to prove to others that they made a wrong decision voting their preferred candidate.

When Jonathan pulled back from fuel subsidy removal in 2012, I told my friend that Jonathan would make a very bad president.
So instead of the PDP guys to ask for apology for him, they should instead hang their heads in shame and apologise to Nigerians for producing him as president.

Good leaders don't listen to what the people say. They rule according to their own vision of what is right. They refuse to be arm twisted or cajoled, because they realise that, in the end, the buck stops at their desk .

In Baronness Margaret Thatchers first year in office, as British Prime Minister, she carried out reforms which forced civil servants to call a general strike that lasted for six full months. That strike did not make her change her mind. The people called her all sorts of names, but she didn't give in. Her reforms changed Britain for good and they are enjoying the fruits of those reforms today.

That is effective leadership.

F

Party built on propaganda. Continue the lies, that's what they enjoy

semiga:
Party built on propaganda. Continue the lies, that's what they enjoy

What is the propaganda in this news? People just throw the word "propaganda" anyhow without knowing the meaning. pdp senators confirm that Nigeria loss trillions on subsidy, u are hear shouting propaganda.

Is this not the same Ogar who acquired a MULTI Billion naira mansion with public funds?

Hmmmmm, life is indeed an irony

Buhari is a Dullard!!!!!;!

I just learnt a thing about the Iron lady " Thatcher. You made a very valid point.

TrutforAfrica:
When Jonathan pulled back from fuel subsidy removal in 2012, I told my friend that Jonathan would make a very bad president.
So instead of the PDP guys to ask for apology for him, they should instead hang their heads in shame and apologise to Nigerians for producing him as president.

Good leaders don't listen to what the people say. They rule according to their own vision of what is right. They refuse to be arm twisted or cajoled, because they realise that, in the end, the buck stops at their desk .

In Baronness Margaret Thatchers first year in office, as British Prime Minister, she carried out reforms which forced civil servants to call a general strike that lasted for six full months. That strike did not make her change her mind. The people called her all sorts of names, but she didn't give in. Her reforms changed Britain for good and they are enjoying the fruits of those reforms today.

That is effective leadership.

FagsamPHP:
Buhari is a Dullard!!!!!;!

So Buhari is the pdp senators that confirm that Nigeria loss trillions on subsidy abi?

The Nation lost N9trn and a few gained it!

TrutforAfrica:
When Jonathan pulled back from fuel subsidy removal in 2012, I told my friend that Jonathan would make a very bad president.
So instead of the PDP guys to ask for apology for him, they should instead hang their heads in shame and apologise to Nigerians for producing him as president.

Good leaders don't listen to what the people say. They rule according to their own vision of what is right. They refuse to be arm twisted or cajoled, because they realise that, in the end, the buck stops at their desk .

In Baronness Margaret Thatchers first year in office, as British Prime Minister, she carried out reforms which forced civil servants to call a general strike that lasted for six full months. That strike did not make her change her mind. The people called her all sorts of names, but she didn't give in. Her reforms changed Britain for good and they are enjoying the fruits of those reforms today.

That is effective leadership.

Do you know what it means for NLC and other civil societies to lock down Nigeria for 3days? Jonathan's administration could be corrupt but no government will endure a general lock down on its economy for 3days and not shelve their policies.

Even PDP?

But for the comfort of his people, GEJ decided not to.

Even PDP is saying it......oil subsidy was a waste of money.

But Nigerians love awoof fuel....without thought of how we are going to pay for it.

The day we wake up and realise that awoof must be paid for somehow.....

These guys are clowns. So APC should apologise? Was APC in existence in 2012?

FagsamPHP:
Buhari is a Dullard!!!!!;!

It takes one to know another.

Errrmmmm.....but dem no tell us how much was lost to corruption. Make them better bring back our loot. Is it not one of them that sold his house at a $3 million loss.

We are getting you...

It's [size=15pt]LadyF[/size] again

FagsamPHP:
Buhari is a Dullard!!!!!;!

and who mentioned Buhari here?...obviously u r d dullard. Reason b4 u comment

tinnymerit:
imagine what that woud av achieved within those years.And some buffons are ready to do s.tupid morning exercise tomorrow and termed it strike.

Leave dem.. they are set of lazyfoolishpigs..

PDP should go to hell with their demand for apology, have they apologised for all the looting that took place over the years.

Bunch of clowns and cowards who cannot even replicate the protests that took place in ojota years ago when fuel price was increased.

Opposition my foot

FagsamPHP:
Buhari is a Dullard!!!!!;!

If u are wiser than he is, try becoming the President. Sluggard!

I know Ipob yoots won't be happy dat dis is coming from one of their party member

obatala15:

Do you know what it means for NLC and other civil societies to lock down Nigeria for 3days? Jonathan's administration could be corrupt but no government will endure a general lock down on its economy for 3days and not shelve their policies.

you talk asif we're a producing state....Ur ideology will work perfectly in countries like China, but here in nigeria once extraction of oil is goin on, my brother the government don't care about any other thiing