The Deputy Speaker of the House of Representatives, Ahmed Idris Wase, has decried the absence of critical stakeholders in the ongoing investigative hearing by the special ad-hoc committee on the petroleum product subsidy regime from 2017 to 2021.
Wase, while declaring the investigative hearing open at the National Assembly on Wednesday observed that most of the critical stakeholders in the oil and gas industry were not present.
The Deputy Speaker who represented the Speaker, Femi Gbajabiamila, said he was disappointed by the absence of those in authority who were expected to come and give an account of what they have done for Nigerians.
He disclosed that the quantum of money assumed to have been spent on subsidy during the period under review, amounted to N4.9tr and going by estimation, it is assumed that as of today, N6tr has been spent.
“On behalf of the members of the House of Representatives, I’m expressing my displeasure with the attitude of stakeholders in the oil and gas industry that are supposed to be here. Nobody has any excuse not to be here, that shows a lack of respect for constituted authority and I think we are not going to take it”, he warned.
He charged the special ad-hoc committee to ensure that nobody is spared or made to feel that he or she is above the law.
He assured the committee that the House is ever ready to give them the necessary support and cooperation to ensure that the right thing is done for the interest of the country and for the benefit of Nigerians.
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