“But it is an unfounded fear. The days of oil are numbered. It is the least strategic wealth we have now. Many countries have found oil in large quantities, including those that used to patronise us for oil. Importantly, many nations are already phasing out petrol and diesel engines.”
The decision of the Senate followed a motion by Senator Dino Melaye who relied on a point of order to accuse the Abuja Electricity Distribution Company (AEDC) of astronomical billing of its customers in and around the Federal Capital Territory.
Meanwhile, the Senate on Tuesday gave all standing committees one week to present and defend reports of the 2017 Budget of Ministries, Agencies and Departments (MDAs) under them before the Committee on Appropriation.
He said, “Hopefully, if we pass this MTEF/FSP, we will be in the position to comment on the consideration of the 2017 budget by next week. It is therefore important that we conclude the discussion on this subject and ensure that it is passed today.”
“Nigerians are facing hard times and all they are interested in are positive results and urgent succour. They don’t care whether you are APC or are PDP, or whether you are North or South.”
