A Review of the Nigerian Energy Industry

Final report on corruption in energy sector to be published in February 2014

Tunis-city-street29 December 2013, Tunis — The final report on corruption in the energy sector will be published next February, Finance Minister Elyes Fakhfakh has announced.

Answering questions of deputies at the National Constituent Assembly (NCA) plenary session on the 2014 draft finance law, Mr. Fakhfakh said that the start of the audit operation of corruption in the energy sector regarded three enterprises; namely The Tunisian Electricity and Gas Company, STEG, the Tunisian Refining Industries Company, STIR, and the Tunisian Oil Activities Company, ETAP.

As regards energy consumption rationalisation, he said the ministries which have managed to reduce their energy consumption are the Industry Ministry (-7%), the Social Affairs Ministry (-6%), the Trade Ministry (5.2%) and the Agriculture Ministry (5%).

While the ministries of Women and Children, the Interior, Defence, Health, Vocational Training and Employment and Education have recorded a rise in their energy consumption by 55%, 7.6%, 7.5%, 7.4%, 14% and 11%, respectively.

In another connection, the minister said that the tax reform plan which spans three years, includes 180 measures aimed to fight tax evasion and parallel trade.

As regards confiscated enterprises, Mr. Fakhfakh specified that their number has reached 486 and their disposal had provided 850 MTD, after repayment of their debts, adding that the remaining enterprises are expected to generate between 10 and 15 MTD.
*Tunis afrique Presse

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