The House of Representatives Committee which probed the subsidy on Petroleum products by the Federal government has uncovered N229,706,023,200.00 fraud in the payment of the subsidy between 2010 and 2011
However, a group which calls itself Stakeholders Forum has raised questions on why the Committee leaked its report to the public hours before submitting it officially to the House of Representatives.
They alleged that the Committee had allowed itself to be used by enemies of the government to bring down the administration of President Goodluck Jonathan.
It wondered why the period of the probe did not cover up to 1999 since the Federal Government had been paying subsidy on petroleum products.
Meanwhile, the Subsidy probe committee, headed by Hon. Faruk Lawan in its recommendation called in the Economic and Financial Crimes Commission (EFCC) to go after the companies that took more money as subsidy than was due them.
Forty-nine companies, according to the report, were found guilty of subsidy abuse while the “office of the Accountant-General of the Federation should account the sum of N213.678 billion, being total of excess payments made by it over and above what PPPRA identified as paid in 2009 and 2010”.
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Very unfortunate is Mr.President not aware of this?despite the corruption they still insist in removing the subsidy fully.Nawa ooooooooooooo
ReplyDeleteWe should all disclose our identity when commenting on issues like this.
ReplyDeleteThey have conived with the cabals to pull down the government.
Proceeds from the stolen subsidy money is being used to finance gboko haram, and are planning to destroy the administration in three months time.
Well done Hon. Faruk Lawan. You were unable to pull OBJ down and for sure you will fail this time again.
My name is Goodluck Uwe