10 February 2014, Abuja – The House of Representatives proposed investigation into the Kerosene subsidy did not hold on Monday due to the absence of the Minister of Petroleum Resources, Mrs. Diezani Alison- Madueke, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu and the Pipeline and Products Marketing Company (PPMC).
The House had through a resolution mandated the Dakuku Peterside- headed Committee on Petroleum (Downstream) to investigate issues surrounding kerosene supply, distribution and subsidy payments from 2010 to 2013.
After a long wait for Alison-Madueke, Yakubu and the PPMC representative to arrive, the meeting was eventually postponed to February 18 by the committee chairman.
It would be the second time the investigation has been pushed forward.
The committee had in its letters to the three principal actors in the sector requested for the provision of all relevant detailed information as it relates to approvals on kerosene subsidy, source of money for payment of the subsidy, budgetary approvals, kerosine import details, PFI allocation and product distribution chart, PPPRA authorization and validations, auditors approval and reports, relevant shipping documents and all other documents that will assist the committee in discharging its responsibility.
However, a letter from the Office of the Permanent Secretary, Ministry of Petroleum Resources, dated February 7, but received in Peterside’s office a few minutes before the commencement of the probe gave reasons for the minister’s absence and requested for a rescheduling of the hearing.
It partly reads: “I wish to inform you that the Honourale Minister together with the top management of the ministry and its agencies will be participating in the International Summit on Power Financing starting today, 10th February, 2014.
“As a result we regret to inform you of our inability to honour your invitation. We area so currently engaged with the Senate Committee on Finance and it is not clear when their hearing will end. ”
– The Nation