Companies named by the Senate and the amount of money they received this year alone included; Oando Nigeria Plc, N228.506billion; Integrated Oil and Gas Plc, N30billion; MRS, 224.818 billion; A.A. Rano, N1.14 billion; A-Z Petroleum, N18.61 billion; A.S.B, N3.16 billion; Arcon Plc, N24.116 billion; African Petroleum, N104.58 billion; Aminu Resources, N2.3 billion; Capital Oil, N22.4 billion; Con Oil, N37.96 billion; Avante Guard, N1.14 billion; Avido, N3.64 billion; Boffas and Company, N3.67 billion; and Brilla Energy, N960.3 million.

Others also listed are: D. Jones Petroleum, N14.86 billion; DownStream Energy, N789.648 million; Dosil Oil and Gas, N3.375 billion; Inco ray, N1.988 billion; Eternal, N5.574 billion; Folawiyo Energy, N113.32 billion; Frado International, N2.63 billion; First Deepwater Oil, N257.396 million; Heden Petrol, N693 million; Honeywell Petrol, N12.2 billion; AMP, N11.417 billion; Ascon, N5.271 billion; Channel Oil, N1.308 billion; Fort Oil, N8.582 billion; Enak Oil & Gas, N19.684 billion; Bovas & Co. Nig Ltd, N5.685billion; and Obat Oil N85billion.

Abe also named AP, N104.5billion; IPMAN Investment Limited, N10.9billion; ACON, N24.1billion; Atio Oil, N64.4billion; AMP, N11.4billion; and Emac Oil, N19.2billion.

Findings by our correspondent indicated that in 2006, only MRS, Total and Oando were officially listed as beneficiaries of the fuel subsidy recognised by the Federal Government.
The three companies were said to have been listed as “major marketers.”

But in 2007, AP and Mobil joined the three companies and were listed under the category of majors.
The same year, NIPCO was introduced and listed under the category of petrol depot owners.


http://www.thenationonlineng.net/2011/index.php/news/28463-senate-names-fuel-subsidy-beneficiaries.html


I THINK WE NEED TO GET READY TO REVOLT AGAINST THE STUPID GOVERNMENT. WE NEED A LEADER WHO IS COURAGEOUS. WE NEED TO NATIONALIZE SOME OF THESE BENEFICIARIES.