A Review of the Nigerian Energy Industry

Senate threatens to summon Alison-Madueke

Nigeria's Minister Diezani Alison-Maduek

14 April 2014, Abuja – The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, may be summoned by the Senate over alleged shady deals by the Nigerian National Petroleum Corporation (NNPC) and spending of N10 billion public funds on chartered private flights.

The minister is currently being investigated by the House of Representatives over allegations that NNPC expended N10 billion chartering executive jets for her personal use.

Briefing the journalists on the issue at the weekend, the Chairman of the Senate Committee on Petroleum Resources (Downstream), Senator Magnus Abe, said should the NNPC fail to submit documents relating to the expenditure, as well as other financial dealings of the corporation since 2012, the minister would be invited to provide details.

The committee, according to the News Agency of Nigeria (NAN), said the corporation’s management had continuously failed to provide the committee with details of its financial transactions, claiming that it was still collating the financial information being required.

According to Abe, some of the issues include crude swap transactions, rehabilitation of refineries, the volume of petroleum products being sold by the Petroleum Products Marketing Company.

“We have not informed the minister of the delay from NNPC and there are issues we know the minister will be involved, but not at this point,” he said.

“But if we cannot resolve it, we will ask the minister to come with NNPC, but at the moment, it is between the committee and NNPC. We can sort this out.

“We asked about the crude swap transactions to know exactly what volumes are being swapped and what the country is getting in return.
“We also wanted information on the rehabilitation of the refineries to know exactly how far they have gone with those programmes.

“We want information on the aircraft that has now become an issue. We have actually asked for this information since last year and we have not seen that.”

While declining to give a deadline for submission of the documents being required, Abe said the request for the financial details were routine and not out to witch-hunt anybody.

He decried the nonchalant attitude being displayed by the NNPC management, which failed to send any representative to a meeting called by the committee last week.

“Oversight also involves taking a detailed look at how things are done, how the country is benefiting from these things and how we can work together to improve what is being done.

“But unfortunately, we have not received the kind of cooperation I would like to see from the NNPC. They said they were still collating this information since last year.

“We still believe they will step up their game and work with us so that we can get the best for the Nigerian people.

“We have given time frames from the start and time frames have not been met, but we believe that this is an issue that neither party will like us to take to the extreme.
“But we don’t think that any public corporation that is being oversight by parliament has a right to keep a committee of parliament in the dark,” he added.
Abe said the committee could bring the matter to the attention of the Senate leadership if the NNPC continued to hold back financial details from the committee.


– This Day

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