• Sunday, June 23, 2024
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Fuel Consumption: Reps call for forensic audit of NNPCL

How House of Reps investigation exposes TSA implementation

Lawmakers in the House of Representatives are calling for a forensic audit of the Nigerian National Petroleum Company Limited (NNPCL) to unravel perceived discrepancies in the importation and supply of Premium Motor Spirit (petrol) from 2015 till date.

The committee observed that there was no record indicating the actual volumes of PMS discharged to a particular retail outlet or fueling station, hence the difficulty in ascertaining the actual daily consumption of PMS across the country.

The lawmakers reached the resolution after considering the report of its Ad Hoc Committee on Fuel Consumption.

The House is charging the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) to monitor trucks conveying PMS within locations and compel a daily data report on the dispense of the product at all retail outlets/fueling stations.

The petroleum sector is no stranger to scrutiny, with the National Assembly and civic society organisations alike putting each successive government under the microscope.

In April, the House Ad Hoc Committee on Oil Theft, invited several high-ranking officials in the Federal Government over its investigation into the alleged loss of over $2.4 billion in revenue from illegal sale of 48 million barrels of crude oil export in 2015.

The committee was also concerned about the disparity in figures from crude oil sales from 2011 to 2014 and is accusing the minister of finance of approving payments to whistle-blowers in variance with the whistle-blower policy.

Some of the officials invited to answer questions were Zainab Ahmed,Minister of Finance, Boss Mustapha; Secretary General of the Federation, Sylva Okolieaboh,acting Accountant General of the Federation, and NNPCL.