Fuel subsidy: FG directs EFCC to probe fuel subsidy disbursement

 (NAN) The Federal Government has formally written to the EFCC to begin immediate probe of all payments made in respect of fuel subsidy and to check amount paid against actual importation of petroleum products.

The letter made available to newsmen on Sunday in Abuja was dated Jan. 12 and addressed to the EFCC Acting Chairman, Ibrahim Lamorde.

The Minister of Petroleum Resources, Mrs Diezani Allison-Madueke, who signed the letter said that the anti-graft agency should ensure bringing to book, those who profiteered on the subsidy account.

“I have sought and obtained the approval of President Goodluck Jonathan to formally invite the EFCC to take all necessary steps to prosecute any person(s) involved in any incidence of malfeasance, fraud, over payments and related illegalities,’’ the letter read in part.

The minister in the letter recalled that government had over the years ran a subsidy regime in petroleum imports where the difference between the cost of importation and the pump price was paid for by government to pre-approved oil marketing companies and importers.

She noted that the bill had grown over the years to an unsustainable level.

She assured the commission of the full support of the petroleum ministry in the investigation.

Following the removal of subsidy on fuel on Jan. 1 and the ensuing protests, Nigerians demanded for the probe of the disbursement of the petrol subsidy fund. (NAN)

Post Author: CPAfrica.com

Every year, CP-Africa attracts millions of unique visitors that want to learn about technology, innovation & the future of business in Africa. To become a contributor, e-mail editor@cp-africa.com. For adverts and sponsorships, e-mail adverts@cp-africa.com

10 thoughts on “Fuel subsidy: FG directs EFCC to probe fuel subsidy disbursement

  • Adeyomola Adebayo

    (January 16, 2012 - 10:15 am)

    Mere Propaganda

  • Vou

    (January 16, 2012 - 11:13 am)

    Starting with Minister herself and her brother.


    (January 16, 2012 - 7:50 pm)

    we need God's wisdom to handle this stuation

  • olamide

    (January 17, 2012 - 9:13 am)

    EFCC won't have anything to probe. They are all the same and they know what they are doing. They are just deceiving us.

  • Opole

    (January 17, 2012 - 9:26 am)

    Infact dis country is full of bad bad bad person. #97 anyway am very very sure infact 200% sure dey will still sell #200/letre abi no b dis govment we dey?

  • Azla

    (January 20, 2012 - 3:31 pm)

    He suppose 2 die instead of yar adua

  • Olupona Bose

    (January 20, 2012 - 4:04 pm)

    Can an ordinary nigeria like me pls know every political office holder salaries,from de president to ward cauncilor

  • Opeoluwa

    (January 21, 2012 - 8:30 am)

    I was astound when i heard dem say subsdy don b remvd, a peson wey b bad luck to im boss since his time in skul. I dont knw dat nigeria can stil b deceived by one baboon,god dat execute S.ABACHA is stil dere, lets leave tins 2 God.

  • jerry

    (January 23, 2012 - 10:42 pm)

    olamide, am fully in support of what you said.d reason why nigeria is still in this state is because our so-called leaders have failed to act on the truth that they know. they keep on telling us sugar coated lies.

  • Fateemar

    (January 24, 2012 - 12:51 am)

    Why are u leaders selfish?

Leave a Reply

Your email address will not be published. Required fields are marked *