• Says
approval in citizens’ interest, wants scheme scrapped
• Reps
threaten to arrest Okonjo-Iweala, bank chief over Capital Oil, Coscharis
dispute
THE Senate
Thursday approved the N161, 617, 364,911 billion supplementary budget for fuel
subsidy in the 2012 fiscal year.
The upper
legislative chamber said that it made the approval in the interest of
Nigerians. But it bemoaned the level of corruption in the oil subsidy sector
and called on Nigerians to take decisive steps towards eliminating the monster.
On its part,
the House of Representatives Thursday concluded debate on the general
principles of the 2012 supplementary budget of N161 billion sent to it by
President Goodluck Jonathan last Tuesday.
It referred
the proposal to its appropriation committee directing it to conclude work on it
and submit report within one week.
And the
Speaker, Aminu Tambuwal, faced difficult times convincing lawmakers to allow
the proposal to be referred to the committee for further work.
The Chairmen
of House Committees on Petroleum Resources (Upstream), Dakuku Peterside
(River/PDP); Petroleum Resources (Downstream), Ajibola Muraina (Oyo/PDP) and
Appropriation, John Enoh (Cross River/PDP) were unanimous in their argument
that there was no need to rush and pass the supplementary budget proposal.
Besides, an
attempt by the House of Representatives to investigate and resolve the face-off
between Capital Oil Plc and Coscharis Motors Limited recorded more hitches
Thursday.
Piqued by
the absence of Finance Minister, Dr. Ngozi Okonjo-Iweala, from a meeting
convened to address the issue at the National Assembly, the House Committee on
Public Petitions threatened to arrest her.
It also
threatened to arrest the Group Managing Director of Access Bank Plc, Mr.
Aigboje Aig-Imokhuede.
The Senate
President David Mark stressed that the request of the Executive for extra
subsidy budget had to be granted and urgently too, to save Nigerians from
suffering the effect of fuel scarcity during this festive season, and that it
was high time Nigerians took a decision on fuel subsidy.
He
maintained that since it had become difficult for the government to combat
corruption in the fuel subsidy industry, Nigerians must take a decision once
and for all to stop the whole exercise of oil subsidy.
“It is no
gainsaying and it is not a secret anymore to say that there is so much
corruption in the fuel subsidy industry in whatever system they adopt and I
think the nation must take a decision now whether to continue this or to stop
it. The nation in my candid opinion must make that decision sooner than later
because we cannot carry on like this way.
“If they
cannot eliminate or stop the corruption in the industry, then, the other
alternative will be to stop the whole exercise of subsidy and we will take the
one that is easier and the one that will bring less pain to Nigerians.
“I thank all
of you for taking into consideration the fact that if this is not approved,
Nigerians are the ones who are going to suffer. The reason we are in the
chamber here is to work for the welfare of the people and anything we can do to
alleviate their sufferings would be done and we will continue to do so in the
interest of those who have elected us here,” Mark said.
President
Goodluck Jonathan had in a letter addressed to the President of the Senate on
Tuesday, requesting a supplementary sum of N161 billion to allow free flow of
fuel during the festive season
The
President said in his letter that the N888.1 billion was found inadequate
following a forensic audit on the 2012 appropriation for fuel subsidy.
His words:
“You recall that as part of the 2012 budget framework a provision of N888.1
billion was made for payment of fuel subsidy for the nation. I wish to intimate
the distinguished Senate of the fact that following the forensic audit carried
out, the provision for fuel subsidy in the 2012 budget was underestimated.”
The
President added that so far, the sum of N880,264, 243,683.61, had been paid
leaving a balance of N7,735,756,316.39.
“As at now,
the sum of N880,264,243,683:61 billion has been paid out leaving a balance of
N7, 735, 756, 316: 39billion.
“In order to
accommodate the outstanding arrears resulting from the forensic audit exercise
and the remaining period of the 2012 an additional sum of N161,617, 364, 911
billion over and above what was programmed in the 2012 framework is required,”
he said.
While some
lawmakers justified President’s request, others said it was a cheap blackmail
aimed at pitting the people against the Senate by the Executive. According to
this group of senators, their support for the passage of the bill was with
mixed feelings and sentiments for the Nigerian public. They also called for an
investigation into 2012 subsidy management.
“I am
supporting the request because they are bringing it at a time we seem not to
have any choice but to support it. I will not be surprised if the amount has
already been spent. How come the forensic audit report was not made public?
What is the daily oil consumption in the country?
“These are
some of the issues discovered in 2011 fuel subsidy scam and up till now, nobody
has been prosecuted. We should at the end of the day investigate this total sum
of N1.1 trillion for 2012 oil subsidy,” said Senator Ganiyu Olarenwaju Solomon
(Lagos West)
“I speak in
support of this with a very heavy heart. There is a clear case of blackmail by
the Executive here. They are forcing us into accepting the request because
there was no choice. I support this request so that Nigerians should not be
allowed to suffer because of incompetence and inadequacies of the country’s
Economic Team.
“This
shortfall has not come from any systematic analysis. Who is the custodian of
the country’s audited account? It should be the auditor general of the
federation. Has anybody submitted the outcome of the audit to the accountant
general?
“I hope we
are not creating another cabal to replace those that have been indicted, the
old cabal. While we support this request based on sentiment that we don’t want
our people to suffer, nobody should take advantage of us to blackmail and twist
us because we have soft hearts for our people”, Senator Ahmed Lawan said.
On the other
hand, some lawmakers believed the President’s request was in the interest of
Nigerians and that he should be commended for his respect for the constitution,
which demands that additional expenditure be approved by the National Assembly.
“I support
the request of President Goodluck Jonathan for the approval of N161 billion
supplementary budget. Any request that will improve the wellbeing of the mass,
which will go a long way towards alleviating the suffering of the people,
should be supported.
It will help in ensuring peace and stability of the
nation. This is not the period the country should be grounded,” he said.
The Chairman
of the House Committee on Public Petitions, Uzo Azubuike, who issued the
threats said the two officers had twice failed to honour the committee’s
invitation, adding that their absence was frustrating the investigation.
However, the
appearance of the two gladiators namely Chairman of Coscharis Group, Mr. Cosmas
Maduka and Mr. Ifeanyi Ubah, Managing Director, Capital Oil and Gas Industries
Limited made the committee to proceed with the matter.
Azubuike
said the invitation was not for the minister as a person but for the Federal
Ministry of Finance to put up an appearance and supply the information
requested by the committee.
He warned
that if the ministry was not represented at the next sitting of the
investigative panel, the committee would be left with no other option but to
issue a warrant of arrest on the head of the ministry.
Aig-Imokhuede
had, through his lawyers informed the committee of his absence on legal
grounds.
In the
letter he pleaded that whereas the committee invited him as Chairman,
Presidential
Committee on Verification of Subsidy Payments, he had since
discharged his role in that committee and submitted a report to the government.
According to
him, there was therefore no more legal grounds for him to function in that
capacity.
Imokhuede
also pleaded that the issues for which he was being invited were already before
different courts in Nigeria and abroad, hence discussing them would amount to
contempt of the courts.
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