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Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki - Politics - Nairaland

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Atiku: Oshiomhole Frustrated Plans To Remove Fuel Subsidy By Obasanjo Government / Fuel Subsidy Will Not Return, FG Assures IMF / Madam Peace Uwalaka Is A Fraud Being Manipulated By A Political Fraudster (2) (3) (4)

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Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by aminulive: 4:25pm On Jan 17, 2018
@POLITICSNGR

President of the Nigerian Senate, Bukola Saraki has reacted to the Fuel Scarcity rocking the nation and the return of Fuel Subsidy.

In a statement obtained by PoliticsNGR via his Social media page, Saraki disclosed that an investigation is ongoing into the Subsidy issue and the Scarcity crisis.

He also pointed out that a Bigger fraud was going on under the Subsidy scheme, revealing that "the amount of PMS that is allegedly coming into Nigeria cannot be consumed by Nigerians. We consume about 27 million litres a day, while it has been alleged that 40 million litres a day of PMS is being brought in. There is a discrepancy somewhere." The statement read;

"Today, the Senate debated the interim report of the Senate Committee on Downstream Petroleum on the Fuel Scarcity Crisis in the country.

This interim report stirred up a debate on the Floor about the ongoing scarcity, the subsidy regime and ways to make the oil and gas sector more efficient.

I spent a lot of time on this fuel subsidy issue during the Seventh Senate (2011 to 2015). It was my Motion that brought this topic to the national discourse — hence, it is something that I know a lot about.

There are three issues here that we need to separate:

The first is, even as we speak now, there are still queues. The issue of the ongoing scarcity is one problem that the Committee needs to go back to look into so that Nigerians can be reassured that this will not reoccur.

The second problem is that the subsidy is important, however, based on the figures that have been presented, it is clear that there is a bigger fraud that is being perpetrated. This is because the amount of PMS that is allegedly coming into Nigeria cannot be consumed by Nigerians. We consume about 27 million litres a day, while it has been alleged that 40 million litres a day of PMS is being brought in. There is a discrepancy somewhere.

At the end of the day, it is Nigerians that are paying for this subsidy fraud because it is not transparent, and it is only being run by one MDA.

The third problem has to do with the principle of MDAs incurring expenditures without the necessary approval by the legislature.

Therefore, in order to get to the bottom of these pressing issues, we will be breaking them up:

-The issue of the subsidy and how it came about; as well as the issue of the scarcity that is still ongoing and the fraud of the volumes will go back to the Downstream Committee for a more comprehensive report;

-While, the issue of unauthorized public spending in the sector will be looked into by the Public Accounts Committee."


https://politicsngr.com/fuel-subsidy-return-bigger-fraud-perpertrated-saraki/

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Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by uwa1(m): 4:29pm On Jan 17, 2018
''At the end of the day, it is Nigerians that are paying for this subsidy fraud because it is not transparent''[b][/b]..... sounding as if he is different from them...

61 Likes 2 Shares

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Nobody: 4:42pm On Jan 17, 2018
Good observations by senate president

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Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by sarrki(m): 4:46pm On Jan 17, 2018
Saraki please don't hesitate to make it public

We don't just want a political statement

84 Likes 3 Shares

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by merit455(m): 4:47pm On Jan 17, 2018
I love APC.......the best party DAT can rescue Nigeria. I love Buhari,the best president so far.

11 Likes 2 Shares

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by TheFreeOne: 4:50pm On Jan 17, 2018
The second problem is that the subsidy is important, however, based on the figures that have been presented, it is clear that there is a bigger fraud that is being perpetrated. This is because the amount of PMS that is allegedly coming into Nigeria cannot be consumed by Nigerians. We consume about 27 million litres a day, while it has been alleged that 40 million litres a day of PMS is being brought in. There is a discrepancy somewhere.

Buhari, Kachikwu and Baru should be made to account for this fraud.

Nigeria is presently being run by a criminal gang.

102 Likes 6 Shares

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by sarrki(m): 4:54pm On Jan 17, 2018
Saraki should stop speaking in parables

Let us know

Nah today ?

Rubbish

2 Likes 2 Shares

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by RZArecta2(m): 4:57pm On Jan 17, 2018
That idíot just has to be impeached, the criminality is mind boggling cool

14 Likes 1 Share

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by BruncleZuma: 5:21pm On Jan 17, 2018
grin grin grin grin

1 Like 1 Share

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Nobody: 5:23pm On Jan 17, 2018
DEREGULATE

The second problem is that the subsidy is important, however, based on the figures that have been presented, it is clear that there is a bigger fraud that is being perpetrated. This is because the amount of PMS that is allegedly coming into Nigeria cannot be consumed by Nigerians. We consume about 27 million litres a day, while it has been alleged that 40 million litres a day of PMS is being brought in. There is a discrepancy somewhere.

Yes, the discrepancy is due to

1. Independent marketers smuggling fuel out of the country because they cannot make a profit in Nigeria...importing fuel at N160 to 171 per liter...and being forced to sell it at N145 per liter.

2.Fake subsidy claims...because of the above reason.

When GEJ attempted deregulation, Nigerians protested....and as a result created the environment for subsidy scams.

We have to deregulate the downstream sector....or the discreoancies will continue.

And home based refineries won't solve the problem....we still have to pay the refiners....

Deregulate.

21 Likes 4 Shares

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by ask4double(m): 5:23pm On Jan 17, 2018
Congrats to all the wailing wailers, We just got a new folk in the house, a very prominent one at that. Once again congratulations and a big welcome to you Sir. (Sen Bukola Saraki).

14 Likes

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Bossontop(m): 5:24pm On Jan 17, 2018
undecided
Dis government keeps manufacturing new ways to steal money

11 Likes 1 Share

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by nairaman66(m): 5:24pm On Jan 17, 2018
Nigeria since inception has been ran by hardened criminals backed by law. APC is far worse!

28 Likes 1 Share

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by sorry1(m): 5:25pm On Jan 17, 2018
Yoruba Muslims that voted in Buhari must suffer.

12 Likes 1 Share

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by megareal: 5:25pm On Jan 17, 2018
I wish people see this government for what it really is. A government of scam run by scammers.

30 Likes 3 Shares

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Nobody: 5:25pm On Jan 17, 2018
So Saraki now has mouth.
Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by gurunlocker: 5:25pm On Jan 17, 2018
Lol... only BMCs believe there's no fraud going on with "Buhari subsidy"... He doesn't even know what it means so he will have to set up "committee to investigate"

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Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by ckmayoca: 5:26pm On Jan 17, 2018
...and they will put the blames on the filling stations making us call them names.

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Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by humblelyf(m): 5:26pm On Jan 17, 2018
"I don't know what is subsidy"
Buhari 2015

16 Likes 1 Share

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Snow02: 5:27pm On Jan 17, 2018
talk talk talk wake me up when you begin to bring people to justice
Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Deathlezz: 5:28pm On Jan 17, 2018
sarrki:


Bros how is this related to the issue at hand ?
that off topic post will serve as a comic relief for your senseless posts on a good day.

6 Likes

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by gurunlocker: 5:28pm On Jan 17, 2018
RZArecta2:
That idíot just has to be impeached, the criminality is mind boggling cool

Sorry, who is the minister of petroleum?

5 Likes 1 Share

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Newpride(m): 5:28pm On Jan 17, 2018
The unseen forces and powers that are working for the downfall of this country are far stronger than those working for her progress. No sitting president can do anything much different.

And I pray.......... A tree doesn't bear fruits for itself to eat ...... hence, those making life difficult for this country will never live to enjoy the fruits of their labour.

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Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by DWJOBScom(m): 5:28pm On Jan 17, 2018
no comment
Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Offpoint: 5:29pm On Jan 17, 2018
javalady:
I heard that Imo State is now a land of statues and children born there now bear names related to it, like:
1) Chikpurum (God molded me).
2) Chikpuo (God,mould).
3) Chikpuwa (God be moulding).
4) Chinakpu (God moulds).
5) Chigakpu (God will mold).
6) Chikpuzie (God mould well).
7) Chikpuchaa (God finish moulding).
cool Chiakpuchalam (God has finished moulding me.
9) Chikpuzirim (God moulded me well).
10) Chikputaram (God moulded me well).
11) Chimakpu (God knows how to mould).
12) Chikpusirimike (God moulded me strongly).
13) Chikpurumnkeoma (God moulded me well).
14) Chiakpughi (God did not mould).
15) Chiokpukpu (God that moulds).
16) Okpukpuchukwu (What God moulded).
17) Okpukpuomachi (God's beautiful mould).
18) Onyechukwukpuziri (Who God moulded well).
19) Onyechikpuru (Who God moulded).
20) Mgbechikpuru (When God moulds).
21) Ihechikpuru (What God moulded).
22) Kachisirikpuo (How God moulded).
23) Chikpurugawa (God continue moulding).
Onyekpurukachi (Who moulds like God).
24) Chikpuba (Let God continue moulding).
25) Chikpufo (God eeh don do).
serious matter is being discuss here and you're here making jokes.. seriously?
we Nigerians joke with almost everything that's why our leaders are doing whatsoever pleases them.

9 Likes 4 Shares

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by jamace(m): 5:29pm On Jan 17, 2018
TheFreeOne:


Buhari, Kachikwu and Baru should be made to account for this fraud.

Nigeria is presently being run by a criminal gang.
Gbam.
PMB has become a ceremonial president.

3 Likes

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by ChineseBuggati3(m): 5:30pm On Jan 17, 2018
shocked I pity this country, by the time these guys are done with Nigeria...

1 Like

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Nobody: 5:30pm On Jan 17, 2018
The fuel scarcity is really biting hard here in Abuja, but those black marketers magically gets fuel to sell at exorbitant prices.

1 Like

Re: Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki by Felixalex(m): 5:30pm On Jan 17, 2018
Oya summon the petroleum minister (commander in chief) to come and clarify issues Na grin

1 Like 1 Share

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