• Home
  • About Us
  • Contact Us
Monday, March 20, 2023
Star Lite News
  • Home
  • News
    • All
    • Business
    United Kingdom

    Elections: UK To Close Lagos Visa Application Centres Monday Over Safety Concern

    Buhari

    Buhari Signs Amended Constitution To Allow States Generate, Transmit Electricity

    53-year-old woman who was allegedly found with laminated electoral materials

    Lagos Police Arrest Woman With Laminated INEC Materials

    Inspector-General of Police

    Guber Election: IGP Orders Restriction Of Movement On Election Day

    House of Representatives

    Reps Extend Resumption By One Week

    Sanwo-Olu

    Sanwo-Olu: Old Naira notes remain legal tender

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Adeniyi Johnson and Seyi Edun

    Actor Adeniyi And Wife Finally Become Parents As They Welcome Twins

    Nollywood Veterans Visits Agbaminoja

    Agbaminoja Plays Host To Nollywood Veterans

    Nancy Isime

    Filming with legends will forever put a big smile on my face – Nancy Isime

    Coolio

    American Rapper, Coolio, Dies Suddenly In Friend’s House

    Ned/Laila

    ‘I listened too much to outsiders’ – Ned Nwoko’s 5th wife Laila apologises to him

    Dayo Amusa

    He Saved Me From My Rubber Band Phone”: Actress Dayo Amusa Shares Epic Throwback Photo With Pasuma

  • Lifestyle

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
  • Home
  • News
    • All
    • Business
    United Kingdom

    Elections: UK To Close Lagos Visa Application Centres Monday Over Safety Concern

    Buhari

    Buhari Signs Amended Constitution To Allow States Generate, Transmit Electricity

    53-year-old woman who was allegedly found with laminated electoral materials

    Lagos Police Arrest Woman With Laminated INEC Materials

    Inspector-General of Police

    Guber Election: IGP Orders Restriction Of Movement On Election Day

    House of Representatives

    Reps Extend Resumption By One Week

    Sanwo-Olu

    Sanwo-Olu: Old Naira notes remain legal tender

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Adeniyi Johnson and Seyi Edun

    Actor Adeniyi And Wife Finally Become Parents As They Welcome Twins

    Nollywood Veterans Visits Agbaminoja

    Agbaminoja Plays Host To Nollywood Veterans

    Nancy Isime

    Filming with legends will forever put a big smile on my face – Nancy Isime

    Coolio

    American Rapper, Coolio, Dies Suddenly In Friend’s House

    Ned/Laila

    ‘I listened too much to outsiders’ – Ned Nwoko’s 5th wife Laila apologises to him

    Dayo Amusa

    He Saved Me From My Rubber Band Phone”: Actress Dayo Amusa Shares Epic Throwback Photo With Pasuma

  • Lifestyle

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
Star Lite News
No Result
View All Result
Home News

NNPC Shortchanging Nigerians Over N6.34tn Petrol Subsidy – HURIWA

starliteadmin by starliteadmin
September 6, 2022
in News
0
NNPC Group CEO Mele Kyari
0
SHARES
0
VIEWS
Share on FacebookShare on WhatsAppShare on Twitter

A civil rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), on Monday, accused the Nigerian National Petroleum Company Limited under its Group Managing Director, Mele Kyari, of allegedly shortchanging Nigerians.

National Coordinator of HURIWA, Comrade Emmanuel Onwubiko, in a statement, backed the Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), and faulted the N6.34tn subsidy payment on Premium Motor Spirit (popularly called petrol).

“HURIWA wonders why Nigeria has not hired a World class forensic auditors that are credible enough and can’t be compromised to comprehensively audit the total litres of fuel consumed in Nigeria since most transactions on petroleum products are metred a across the Country and so it does not take Rocket Science to scientifically and accurately ascertain how much volumes of local fuel consumptions that take place in the entire Country daily,” the statement said.

Ali, a retired Army Colonel, had last week during a presentation before the House of Representatives Committee on Finance in Abuja, said NNPC cannot scientifically prove the 98 million litres per day consumption it was claiming, alleging that the nation’s oil company was supplying an excess of 38 million litres of PMS daily.

The Federal Government is proposing a budget with estimates totalling N19.76 trillion, while the deficit will hover between N11.30 trillion and N12.41trillion in the 2023 fiscal year.
However, the NCS boss said the issue was not about smuggling of petroleum products as claimed by Kyari at a State House briefing last week.

“If we are consuming 60 million litres of PMS per day, by their own computation, why would you allow the release of 98 million litres per day? If you know this is our consumption, why would you allow that release?
“Scientifically, you cannot tell me that if I fill my tank today, tomorrow, I will fill the same tank with the same quantity of fuel. If I am operating a fuel station today and I go to Minna depot, lift petrol and take it to Kaduna, I may get to Kaduna in the evening and offload that fuel. There is no way I would have sold off that petrol immediately to warrant another load. So, how did you get to 60 million litre per day? That is my problem,” Ali had stated.

However, HURIWA said: “It is shameful how two government agencies are contradicting themselves publicly. Col. Hameed Ali (retd.) has thrown an open challenge at his NNPC counterpart and Nigerians are waiting for the explanation of Mele Kyari.
“It is no doubt that the NNPC is shortchanging Nigeria and Nigerians using vacuous and bogus subsidy claims because for now, it is not clear if any open and public records exist to show these details to allow for transparency and accountability which are the hallmarks of good governance. This is condemnable. It is particularly shameful that the regime of President Muhammadu Buhari and the All Progressives Congress failed Nigerians after criticizing past administrations over failure to stabilise the production capacity of NNPC refineries to allow for home refining of crude oil. The country’s refineries have been run aground in the last seven years since President Muhammadu Buhari came into office and has been the substantive Minister of Petroleum Resources. If this is not a national shame, then Nigerians wonder what it is.
“To think that the President himself is the Petroleum Minister for seven years now is utterly perplexing. Rather than working, the current regime has been engaging in alleged round tripping scams in the name of subsidy regime. This is despicable for a government in an economic crisis. This is shown in the fact that even at the top most levels, the officials can’t say exactly why it costs the public a humongous sum to subsidise fuel locally consumed.
“HURIWA also condemns the practice of Vice President Yemi Osinbajo running to the World Bank to ‘help’ Nigeria stop subsidy when as a sovereign entity ruled by an elected administration, Nigeria should work out home-grown economic formula to close the yawning gaps and leakages that results in ballooning funding claims from the petroleum subsidy subhead of the budget. Nigerian leaders should stop playing to the gallery and exposing the Country as a Banana Republic.”

Tags: Col. Hameed AliComptroller-General of Nigeria Customs ServiceComrade Emmanuel OnwubikoGroup Managing DirectorHuman Rights Writers Association of NigeriaHURIWALimitedMele KyariNational Coordinator of HURIWANigerian National Petroleum CompanyNNPCRetd.Starlitenews
Previous Post

GTCO Plc. Releases 2022 Half Year Audited Results, Reports Profit Before Tax Of ₦103.2 Billion

Next Post

Amid ASUU strike, FG urges students to apply for UK scholarship

starliteadmin

starliteadmin

Related Posts

United Kingdom

Elections: UK To Close Lagos Visa Application Centres Monday Over Safety Concern

by starliteadmin
March 17, 2023
0

The United Kingdom says its Visa Application Centres (VAC) in Lagos will be closed on March 20 over safety concerns arising from the forthcoming gubernatorial election....

Buhari

Buhari Signs Amended Constitution To Allow States Generate, Transmit Electricity

by starliteadmin
March 17, 2023
0

President Muhammadu Buhari has signed into law the constitutional amendment allowing states in the country to licence, generate, transmit, and...

53-year-old woman who was allegedly found with laminated electoral materials

Lagos Police Arrest Woman With Laminated INEC Materials

by starliteadmin
March 17, 2023
0

The Lagos State Police Command has arrested a 53-year-old woman who was allegedly found with laminated electoral materials. The command’s...

Inspector-General of Police

Guber Election: IGP Orders Restriction Of Movement On Election Day

by starliteadmin
March 16, 2023
0

The Inspector-General of Police (IGP), Usman Baba, has ordered a restriction on all forms of vehicular movement on roads, waterways,...

House of Representatives

Reps Extend Resumption By One Week

by starliteadmin
March 13, 2023
0

Contrary to the initial plans to resume legislative activities tomorrow, the House of Representatives has extended its resumption by one...

Sanwo-Olu

Sanwo-Olu: Old Naira notes remain legal tender

by starliteadmin
March 13, 2023
0

The Lagos State Government has noted the hardship sparked by the Naira redesign policy, which has affected business and commercial...

Next Post
NUC

Amid ASUU strike, FG urges students to apply for UK scholarship

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

  • A Day With Legends of Nollywood

    Legends of Nollywood Financial Summit Is Here, Meet The Speakers: Apostle Anselm Madubuko, Mrs. Bukola Agbaminoja, Pst. Moji Bakare Asieru-sweet, Others

    0 shares
    Share 0 Tweet 0
  • Akmodel First Physical Allocation At Akmar Flourish Gardens Epe (Photos)

    0 shares
    Share 0 Tweet 0
  • Unity Bank, Lagos Food Bank Partner To Donate Food Items To Lagos Community

    0 shares
    Share 0 Tweet 0
  • AKMODEL Groups C.E.O, Bldr. Odegade Clocks A New Age

    0 shares
    Share 0 Tweet 0
  • Agbaminoja, CSP Oriyomi, Dr. Kenny Muibi, Others Storm AKMODEL GROUPS 2nd Anniversary (Photos)

    0 shares
    Share 0 Tweet 0

Recent Posts

  • Elections: UK To Close Lagos Visa Application Centres Monday Over Safety Concern
  • Buhari Signs Amended Constitution To Allow States Generate, Transmit Electricity
  • Lagos Police Arrest Woman With Laminated INEC Materials
  • Empowerment: 30 Host Community Youths Graduate from Dangote Electrical Training Programme
  • ALAT Hackaholics 4.0 Press Conference (PhotoStory)
Starlite news icon

Browse by Category

Archives

  • Home
  • About Us
  • Contact Us

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Contact Us
  • About Us
  • Business
  • Politics
  • World
  • Entertainment
  • Lifestyle

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.