Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Fuel subsidy probe report ready in 2 weeks

    Fuel subsidy probe report ready in 2 weeks

    March 31, 2012
    Share
    Facebook Twitter LinkedIn WhatsApp

    30 March 2012, Sweetcrude, ABUJA – Chairman of the Nigerian House of Representatives ad hoc committee probing the fuel subsidy regime, Hon. Farouk Lawan, says the report of the committee would be ready in two week’s time.

    Lawan told newsmen at the National Assembly Complex, Abuja, that since conclusion of its public hearing on the subsidy regime, the committee had been working round the clock to present the report on the floor of the House of Representatives without further delay.

    He appealed to Nigerians to give the committee time to do a thorough job before making the report public, saying: “We are prepared to present a report that covers all the areas we are expected to cover and also answer all the questions we are expected to answer in the cause of the investigation.”

    Admitting that there had been pressure on the committee to make the report public, he assured that no amount of pressure would make the committee release an uncoordinated report, because according to him, “we do not want to disappoint Nigerians.”

    Lawan stated that apart from other findings from both the public hearing and submissions made by stakeholders in the subsidy regime, his committee has been able to identify the exact amount of petrol, diesel and kerosine consumption by Nigerians per day.

    “These are part of our findings so far and I believe it will help the country determine how the subsidy will look like in 2012, especially when the exact number of liters of petroleum products on which subsidies should be paid have been identified”, he added.

    On the companies and individuals who failed to appear before the public hearing organised by the ad hoc committee, the chairman said his committee had information about every company or individual that is involved in the subsidy regime controversy, adding that their collective or individual roles in the subsidy regime problem would be reflected in the committee’s report.

    Related News

    Russian energy, transport, finance companies among privatisation candidates, says finance ministry

    Kazakhstan’s oil and condensate daily output set to rise by 6% in June, ministry says

    Italy’s Eni eyes new unit to manage oil refineries, unions say

    E-book
    Resilience Exhibition

    Latest News

    Russian energy, transport, finance companies among privatisation candidates, says finance ministry

    June 21, 2025

    Kazakhstan’s oil and condensate daily output set to rise by 6% in June, ministry says

    June 21, 2025

    Italy’s Eni eyes new unit to manage oil refineries, unions say

    June 21, 2025

    Libya objects to Greek tender for hydrocarbon exploration off Crete

    June 21, 2025

    Russia’s Rosatom to explore construction of high-capacity nuclear plant in Uzbekistan

    June 21, 2025
    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
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

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