21 March 2014, Abuja – The House of Representatives on Thursday mandated its Committee on Gas to investigate the alleged non-remittance of funds from the Nigeria Liquefied Natural Gas, Bonny, to the Federation Account.
The committee, which would investigate the non-remittance from 2004 till date, had three weeks to summit its report.
This resolution was sequel to a motion by Rep. Aminu Suleiman (APC- Kano) which was unanimously adopted without debate when put to vote by the Speaker, Aminu Tambuwal.
Suleiman said that NLNG Bonny had breached Section 162(1) of the 1999 Constitution as amended, which makes it mandatory for all `revenue’ collected by the government of the federation to be remitted into the Federation Account.
He said the NLNG Bonny in flagrant disobedience and breach of Section 162 (1) of the 1999 Constitution had not remitted funds accruing to it to the Federation Account from 2004 till date.
Suleiman said that the non-remittance of funds accruing to NLNG Bonny from 2004 till date had adversely affected the Federation Account to the detriment of Federal, States and Local Governments.
“The unpatriotic actions of those in charge of the NLNG Bonny from 2004 till date has resulted in loss of huge revenue.
“That ought to be shared to all tiers of the government from the Federation Accounts for both recurrent and capital development,’’ he said.
He said the non-remittance of funds that accrued to NLNG Bonny to the account from 2004 till date had “badly” affected all critical sectors of the Nigerian economy and constitute an economic crime.