Almost six weeks after the
The report was the fallout out of the committee's investigation into Sanusi's allegation that NNPC had failed to remit
The committee, in a report on the probe of Sanusi's allegation, which was contained in a letter he wrote to President
According to the report, which was submitted on
Specifically, the committee said it found that the CBN, NNPC,
"The CBN governor at the first hearing had put forward the figure of
"At the conclusion of his written submission, he posited that it could be
However, the committee asked NNPC to remit the sum of
It also asked the corporation to refund
The report also said the total kerosene subsidy paid by NNPC, but not appropriated for by the
On the expenditure incurred by the corporation on subsidy which was not captured by the Appropriation Act, the committee advised Jonathan to prepare and present to the
During the debate on the report yesterday, senators condemned Sanusi's decision to make allegations before verifying the facts. They also expressed disappointment over NNPC's decision to spend money on subsidy without appropriation, describing it as a breach of the constitution, which they said was unacceptable.
They also condemned what they described as the disharmony, distrust and lack of coordination among the Ministries of Finance and
While some of the senators supported the recommendation for the removal of fuel subsidy, others opposed it, saying the fuel subsidy was the only benefit accruable to ordinary citizens.
Instead, they said the government should ensure adequate punishment for those defrauding the nation under the guise of the fuel subsidy regime, even as they lamented that a number of cases against subsidy fraud seemed to have been abandoned in the court.
When the matter was eventually put to vote, the recommendation for subsidy withdrawal was thrown out.
"This report has exposed not only the executive, but also the legislature. All those times, the legislature went to sleep and public servants became a law unto themselves, spending money without appropriation.
"That speaks a lot about us. Because of what has happened,
"It is high time we do not play politics with this report. We need to stand on authority that we can't take this any longer," Senator
Also speaking, Senator Ayogu Eze (Enugu North) who accused various government institutions of working at cross purposes, accused the former CBN boss of exalting the institution above the government which appointed him and blamed the trend on a breakdown of communication among the relevant agencies. He supported the removal of subsidy along with Senator Heinekken Lokpobiri (Bayelsa West).
Kaka said since some amount of money was recommended for refund, it might not be totally right to say that no amount of money was unaccounted for.
The senators also said it was regrettable that
They also warned PPPRA to stop certifying subsidy payments if they are not appropriated.
In his remark, Mark commended the committee for what it described as its courage to delve deeply into the issues and yet remained objective in its report.
He also echoed Lawan's comment that the legislature could not exonerate itself from the entire controversy, noting that the episode was a failure of the legislature in its oversight functions. He further said if at all the subsidy should be removed, it must not be sudden but should be a product of enlightenment for a long period of time.
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