₦airaland Forum

Leke Baiyewu , Abuja


The Senate has declared the current payments by the Nigerian National Petroleum Corporation for subsidy of premium motor spirit (petrol ) illegal .

It asked the corporation to refund the sum of N 216 bn spent for the purpose in 2017 under the guise of “ operational costs” into the Federal Government ’ s coffers .

The legislature also asked the corporation to stop further payment of the subsidy , while asking it to pay the arrears owed fuel marketers .

The legislature also resolved to legalise the payment by including it in the 2018 budget .

They also called for sanctioning of the officials involved in the illegal payments .

The Committee on Public Accounts made the recommendations in its report on the investigation into the illegal subsidy payments , which was adopted by the Senate at the plenary on Thursday.

bmxshop:
Pikin wey say im mama no go sleep, no go sleep too.

Pesuzok:
The senators are mad. They want to cause fuel scarcity again, Nigerians should wake up. It is either nnpc pays the subsidy or we buy fuel for 175

chrisxxx:
Trump please among things you will discuss with Buhari is to compel him to back out of the presidential contest next year. Buhari contesting will have a lot of negative consequences on Nigeria and Nigerians.
Many Nigerians have left Nigeria on self-imposed exile, those who wanted but could not committed suicide and more are to leave if Buhari is rigged back in 2019.
Buhari knows if the election is free and fair he would not win. The worst is if he did not win his 12 million almajiris will set the country ablaze. We have seen the difference he has made and his contributions in the development of Nigeria. We so much commend him for his zeal and patriotism. However at this stage of human development we need someone with 'digitalised' brain to lead us. The party inclination is immaterial since Nigerian political boundary is permeable. By political osmosis our politicians can always find themselves in whatever political nucleus they prefer.
APC has used Buhari fanatical religious support base to seize political power. It is quite ingenious. This is the time to substitute it with a creative and analytical-minded person.
Buhari winning in 2015 and perhaps 2019 truly exemplified the saying that truth and morality are not always democratically decidable.

MrsNwaAmaikpe:



Back in 2014/2015, Buhari said anything subsidy is a scam. Now he is the President and he is siphoning our money through the same subsidy he said never existed.

Buhari is a monumental failure.....a colossal mistake that must be corrected in 2019

joudini:
There is no provision for subsidy accrual in the 2017 NNPC budget. These clowns are now calling it "operating cost" to circumvent unapproved and unbudgeted restrictions.

This is fraud, the same thing Buhari did by spending a sizeable percent of the GDP without statutory approval from the national assembly.

Wiseandtrue:
I hope Buhari will not start crying now that corruption is fighting back

Whoever that says Buhari is not corrupt will face the wrath of Nigerians

someone in the person of BARU embezzled money, instead of jail terms he was promoted

Promoted to another level of stealing
I am not surprised anymore If animals can be swallowing money up and down in this administration then what else

Senate, una good morning.

So far so good your policies has not been in favour of the masses!

why legalise the subsidy payment
IT SHOULD BE SCRAPED!

This is a good decision shall! No stories, return the money!