Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Environment
    • Community Development
    • Renewable Energy
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » EFCC anxious to take action on Senate, House subsidy probe reports

    EFCC anxious to take action on Senate, House subsidy probe reports

    February 19, 2012
    Share
    Facebook Twitter LinkedIn WhatsApp

    17 February 2012, Sweetcrude, ABUJA – Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Lamorde says the commision is awaiting the reports of the Senate and House of Representatives probe into the nation’s fuel subsidy regime to enable it commence appropriate action on the matter.

    A major part of the fuel subsidy regime that have attracted national concern is the alleged N1.3 trillion spent on fuel subsidy last year by the Federal Government.

    Lamode stated this while receiving a delegation of civil society organisations led by African Network for Environment and Economic Justice (ANEEJ) in Abuja.

    The EFCC boss, who maintained that the commission would be ready for partnership with any individual or group on the matter, said the reports of the two chambers of the National Assembly would act as guide to his commission in taking necessary action.

    “I am aware that the House has concluded its proceedings. But we also know that the Senate probe is still ongoing. We are waiting for these two reports and we would merge their reports with the KPMG report. We are just waiting for the two chambers to conclude their investigations before we can move to the next level of our investigation. But as it were, we have gone very far,” he said.

    Soliciting support from the civil society, he said: “We would welcome you at any stage to support us with any information you have, which will enrich the job we are doing. We have accepted the offer of collaboration which you initiated. We would work out the terms of collaboration”.

    Related News

    US praises Nigeria’s CNG push, urges wider adoption

    IEA sees significant 2027 oil surplus after Hormuz recovery

    Nigeria’s domestic gas sales jump as production nears 8bcf/d

    E-book
    Resilience Exhibition

    Latest News

    The risk problem with investors treating African energy as one market

    June 20, 2026

    NNPC pushes regional energy integration, technology for Africa’s growth

    June 20, 2026

    China sets new solar efficiency record with Perovskite breakthrough

    June 20, 2026

    Nigeria must act faster on environmental challenges

    June 20, 2026

    UNDP urges Nigeria to pursue future beyond plastic dependence

    June 20, 2026
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2026 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.