A Review of the Nigerian Energy Industry

Fuel subsidy probe report ready in 2 weeks

30 March 2012, Sweetcrude, ABUJA – Chairman of the Nigerian House of Representatives ad hoc committee probing the fuel subsidy regime, Hon. Farouk Lawan, says the report of the committee would be ready in two week’s time.

Lawan told newsmen at the National Assembly Complex, Abuja, that since conclusion of its public hearing on the subsidy regime, the committee had been working round the clock to present the report on the floor of the House of Representatives without further delay.

He appealed to Nigerians to give the committee time to do a thorough job before making the report public, saying: “We are prepared to present a report that covers all the areas we are expected to cover and also answer all the questions we are expected to answer in the cause of the investigation.”

Admitting that there had been pressure on the committee to make the report public, he assured that no amount of pressure would make the committee release an uncoordinated report, because according to him, “we do not want to disappoint Nigerians.”

Lawan stated that apart from other findings from both the public hearing and submissions made by stakeholders in the subsidy regime, his committee has been able to identify the exact amount of petrol, diesel and kerosine consumption by Nigerians per day.

“These are part of our findings so far and I believe it will help the country determine how the subsidy will look like in 2012, especially when the exact number of liters of petroleum products on which subsidies should be paid have been identified”, he added.

On the companies and individuals who failed to appear before the public hearing organised by the ad hoc committee, the chairman said his committee had information about every company or individual that is involved in the subsidy regime controversy, adding that their collective or individual roles in the subsidy regime problem would be reflected in the committee’s report.

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