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Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 - Politics - Nairaland

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Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 by bilulu(m): 8:39am On Feb 21, 2017
ABUJA —THE Senate was yesterday told that Nigeria has since June 2015, been exporting oil and non-oil products without documentation.
This was just as it heard that the development has made the country lost over N23.6 billion expected repatriated proceeds of the export within the period.
Similarly, the Senate alleged discovery of over $850 billion supposedly earned by the country between 1996 and 2014 from its crude oil export proceeds but yet to be repatriated to the country by the Joint Venture Oil Companies, a development it noted, was in total contravention of Nigeria’s Pre-shipment Inspection of Export Act and Article 26 of Export Policy Guidelines and procedures for crude oil, Gas and non-oil goods.
The revelations were made, yesterday, during an investigative public hearing organized by a Joint Committee of the Senate Committees on Finance, Trade and Investment, Gas, Petroleum Upstream, Banking, Insurance and Other Financial Institutions, Judiciary, Human Rights and Legal Matters, and Customs, Excise and Tariff on the “Need to Investigate Pre Shipment Inspection of Export Activities in Nigeria.
The public hearing was prompted by a motion moved on the floor of the Senate by Senator Abubakar Yusuf in July, 2016, where he alleged that there had been gross violation of the Pre-shipment Inspection of Export Act by certain institutions of government.
A deputy director in the Federal Ministry of Trade and Investment, Usman Ndanusa, who represented the ministry at the investigative public hearing, disclosed that the country had since June 2015, been exporting its oil and non-oil products without measurement and documentation.
He said the development followed the disengagement of pre-shipment inspection agents at the various export terminals in the country and their subsequent replacement with agents who were merely asked by the federal government without legal and constitutional backing to carry out the pre-shipment work at the terminals.
http://www.vanguardngr.com/2017/02/nigeria-no-record-oil-non-oil-export-activities-since-june-2015-2/
Re: Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 by three: 9:04am On Feb 21, 2017
We all just may need to 'go to London' to fish out these records undecided

1 Like

Re: Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 by bilulu(m): 9:09am On Feb 21, 2017
three:
We all just may need to 'go to London' to fish out these records undecided
from the minister of petroleum I guess

2 Likes

Re: Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 by orisa37: 9:21am On Feb 21, 2017
That's why they arrested the Judges.
Re: Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 by Nateben(m): 9:25am On Feb 21, 2017
Chai, before nko?
When the commander in thief took office, he looted nigeria blind, this man let nigeria float for more than 6 months, telling us that ministers are noise makers, now after ~looting~ destroying the economy, he appointed ministers to come and perform miracle...
Well, I wish the people from a certain part of this country can just make use of their brains, and prove us wrong that it is not pap they have up there.

Quote me like a gentleman, or I ignore your existence, while wishing you this........ wink

Re: Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 by ezugegere(m): 9:39am On Feb 21, 2017
Wetin I go call this one now??
Re: Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 by inourcare: 9:43am On Feb 21, 2017
Re: Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 by akoko11: 9:45am On Feb 21, 2017
Failed govt
Re: Nigeria Has No Record Of Oil, Non-oil Export Activities Since June 2015 by Mynd44: 10:29am On Feb 21, 2017

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