Indicted marketers making subsidy refunds – Govt

Published:24 Aug, 2012

SOME of the indicted oil marketers had started making refunds of fuel subsidy payment they got in error, the National Economic Council said on Thursday.

At a post-Council meeting press briefing in Abuja, the Anambra State Governor, Mr. Peter Obi, said a report submitted to members by Minister of Finance, Dr. Ngozi Okonjo-Iweala, indicated that some of the indicted marketers had started paying back to the coffers of the Federal Government sums that were wrongly paid to them.

The council presided over by Vice-President Namadi Sambo has all state governors, the Central Bank Governor, and the ministers of Finance, National Planning and Federal Capital Territory as members.

Obi was joined at the briefing by Governors Godswill Akpabio of Akwa Ibom State; Patrick Yakowa of Kaduna State; and Rabiu Kwankwaso of Kano State as well as the Minister of National Planning, Dr. Shamsudeen Usman.

Obi however refused to disclose the names of the marketers that had already made the refunds and the amount they reportedly refunded.

Obi said, “From the report we got today, some (indicted oil marketers) have started refunding. It is a serious case that people were paid for vessels that were not anywhere near the Nigerian waters.

“I think when the Federal Government does a thing that is courageous and right, it should be encouraged and that can at least give them the courage to do more.

“We support the Federal Government in its effort to clean up the entire value chain and process of petroleum industry it has our full support. The Council commends the Federal Government on its present stand on the prosecution of those who were wrongly paid subsidy money and on the need for them to refund it fully.”

The Aigboje Aig-Imoukhuede–led Presidential Committee on Verification and Reconciliation of Subsidy Claims and Payments had recommended the recovery of N382bn wrongly paid to 21 firms indicted of fraudulent activities.

But the oil marketers have been contesting the recommendation. The Jetties and Petroleum Tank Farm Owners Association on Wednesday dared the government to send the Aig-Imoukhuede committee report to the Economic and Financial Crimes Commission if it was sure of its findings.

Efforts on Thursday to get the reaction of the Executive Secretary of the JEPTFON, Mr. Enoch Kenawa, to the minister’s claims were not successful as he did not pick calls made to his phone.

He did not also reply to text messages sent to his mobile on the matter as at the time of going to press.

JEPTFON had also faulted the trial of its members while the government oil company, the Nigerian National Petroleum Corporation, allegedly collected 70 per cent of the controversial N2.6tn subsidy payment.

Meanwhile, the Council has also lent its support to what it described as the Federal Government’s commitment to the privatisation of the power sector.

But the NEC, according to Obi, failed to resolve the vexed issue of the Excess Crude Account at the meeting as agreed when they last met.

It had been agreed at the last meeting that lawyers to the federal and state governments should harmonise grey areas on the matter to allow a decision to be taken before the September 2, 2012 deadline by the Supreme Court for out-of-court settlement.

But when asked, Obi said the issue was not discussed at the meeting.

“The issue was not part of discussion, it is still there,” he said.

The governor said Okonjo-Iweala had briefed the Council on the progress being made by the SURE-P youth engagement and employment initiative following which the Council endorsed the plan to launch the programme in the states.

He said the employment programme designed to create 370,000 jobs had taken off in Niger and Adamawa states and was meant to be accelerated in all states of the federation.

He added that Okonjo-Iweala and the Minister for Environment, Mrs. Hadiza Mailafia, also made a joint briefing to the Council on the Nigeria Erosion and Watershed Management Project’s interest-free $500m facility.

He said the medium-term soft loan with a 40-year duration and 10 years moratorium was meant to check gully erosion in the South- East and other parts of the country which is increasingly threatening lives and the livelihoods of millions of Nigerians.

“On the issue of pending loans, the Council directed the Ministry of Finance and the Governors’ Forum to hold further discussions, beginning from August 24, 2012.

“This is to facilitate states’ access to such facilities, considering their benefits in reducing vulnerability to soil erosion, promoting agriculture and infrastructural development as well as creating employment opportunities,” he added.

Obi said the Council also endorsed the new National Oral Health Policy and the National Health Insurance Scheme as presented by the Minister of Health, Prof. Onyebuchi Chukwu.

The governor added that the Council considered and approved a presentation by the Minister of Information, Mr. Labaran Maku, on the planned non-partisan Good Governance Publicity Tour being jointly organised by the Ministry of Information and the National Planning Commission.

The tour, he explained, was meant to monitor, evaluate and showcase federal and states projects across the six geopolitical zones.

He said, “The Council deemed the tour worthwhile not only for its potential to showcase best practices in project implementation and value delivery, but also for the prospect of exposing the investment opportunities in each state.

“The Council therefore directed the Nigerian Governors’ Forum to set up a committee that will meet with the FMI and NPC to review the logistics for the tour and agree on the date of commencement.”

 

via Punch

  • I am proud with the govt response to this subsidy issue. This fraudulent oil marketers should be made to pay back all the money they owe the government and should also be handed to the judiciary for proper dealings for their unscropulous activities.

  • Suleiman hussain

    The question is that why were they paid before and who paid them? Logically all those who paid the marketer should be ask to face the law . Those that paid the money are the first suspects or are they saying they don’t know how to do the job ? In commendation here Hon Faruk Lawal despite his egoism at the end of his committee work to some extend he the one that exposed them but because of their usual way of doing things in the national assembly he was taped by otedola who robbed him of that credit . Who are those paying isit tukur or Ali ? May God save this country .

  • buy xanax online forum viagra xanax drug interactions – xanax drug test detection time

  • order soma buy soma online florida – buy soma canadian pharmacy

  • buy xanax online overnight the effects xanax – xanax overdose 4 mg

  • zolpidem without prescription ambience mall gurgaon ice skating – ambience mall gurgaon disco

Related Posts

Recent Posts

BREAKING: CBN Governor’s Wife Released Barely 24 Hours After Her Kidnap

According to a report by ThisDay, barely 24 hours after the wife of the Central Bank of Nigeria ( CBN) Governor, Mrs Margaret Emefiele, was kidnapped and held for ransom, she was released in the early hours of Saturday morning. Although the kidnappers had demanded for N1.5 billion before her release could be secured, she was rescued by a joint operation comprising the Nigerian Armed Forces, the police and local intelligence at the...

BREAKING: Wife of Nigeria’s Central Bank Governor, Emefiele, Kidnapped.

We have learned that a group of heavily armed kidnappers yesterday abducted Margaret Emefiele, the wife of Nigeria’s Central Bank Governor, Godwin Emefiele.   A source close to Mr. Emefiele told our correspondent that Mrs. Emefiele was kidnapped along the Benin-Agbor Road. Our source disclosed that the kidnappers have made contact with their victim’s husband, adding that they were demanding a huge sum in ransom.   Mrs. Emefiele’s kidnap represents one of the most high-profile kidnap cases in 2016   Our effort to reach the...

EFCC Opposes Fayose’s Request For N5 Billion Damages

The Economic and Financial Crimes Commission (EFCC) has urged a Federal High Court sitting in Ado Ekiti to reject Governor Ayo Fayose’s request for N5 billion damages over the freezing of his personal bank accounts at Zenith Bank. The anti-graft agency through its counsel, Rotimi Oyedepo, at the resumed hearing of the suit on Friday urged the court to strike out Fayose’s further affidavit in response to its (EFCC’s) affidavit filed without leave of the court. The...

New Jersey Train Wreck Shocks Nation

A commuter train crashed into one of the busiest train stations in the New York area during the morning rush on Thursday, killing at least one person, injuring dozens of others and creating a scene of chaos and destruction, the authorities and witnesses said. The crash occurred around 8:45 a.m., when a commuter train slammed into the Hoboken Terminal building, Jim Smith, a spokesman for

Ayade To Buratai: We Need Heavy Military Presence In Cross River

Governor Ben Ayade of  Cross River State on Wednesday demanded heavy presence of the military in Calabar, in order to sustain peace in the state. He made the appeal when the Chief of army of  staff COAS, Lt. Gen Tukur Buratai paid him a courtesy visit in Calabar. Represented by his deputy, Prof Ivara Esu, Ayade applauded the COAS’s sterling leadership qualities, describing him as a delight in Nigeria’s Armed Forces.

Putin Signs Decree To Draft 152,000 Men Into Army By Year-end

Russian President Vladimir Putin has signed a decree to draft 152,000 young Russians into the Russian army before the end of the year. Government spokesman said on Friday in Kremlin that the military draft would be carried out from Oct. 1 to Dec. 31 concerning Russian citizens aged 18-27 who are not in reserve and are subject to the military draft under the law. He said that in accordance with the law,...

FG To Disburse N200m Each To 8 States To Empower Women

The Minister of Women Affairs and Social Development, Mrs Aisha Alhassan, said N200 million would be disbursed to eight pilot states each through the National Women Empowerment Fund (NAWEF) to empower women at the grassroots. Alhassan said this during a media briefing on the take-off of the National Women Empowerment Fund (NAWEF) and the Government Enterprise and Empowerment Programme (GEEP) in Abuja. She said the eight pilot states are Adamawa, Borno, Yobe, Nasarawa, Jigawa, Akwa...

Tight Monetary Policy Will Help Stabilise Naira, Attract Foreign Investors- World Bank

The World Bank has sanctioned Nigeria’s tight monetary policy environment, saying it would help stabilise the naira, strengthen real interest rates, and encourage a return of international investment in the economy. The Bank also stated that Nigeria’s exchange rate adjustment which was effected in June this year, coupled with the modest improvement in oil prices would help boost the country’s oil revenues in naira terms. This, in turn, should enable the federal and state governments...

I Will Continue To Blame My Predecessors For Nigeria’s Woes– Buhari

President Muhammadu Buhari on Thursday said despite the criticisms of many, he would continue to blame his predecessors for Nigeria’s woes. He said passing the buck, which people have been frowning at, was important in order for Nigerians to know what went wrong with the country. Buhari spoke at an event tagged, “The Conversation: An evening with creative youths,” held inside the old Banquet Hall of the Presidential Villa, Abuja. The event, attended also...

Egyptian Lawmaker Ridiculed For Proposing College Virginity Tests

An Egyptian member of parliament is facing ridicule for saying that universities should perform virginity tests on female students. Elhamy Agina reportedly told an Egyptian newspaper on Thursday that virginity should be a prerequisite for admission to university. He argued that it would help to end the practice of unregistered “customary” marriages that appeal to Egyptian youths who cannot afford formal weddings.“Any girl who enters university must be examined to prove she is a maiden,”...

How Abba Moro, Others Cut Cost Causing NIS Recruitment Tragedy– Witness

Despite raking in about N1 billion from sale of forms, only N45 million was released for the conduct of the tragic 2014 immigration recruitment exercise, a witness told the court on Friday Tabugn Sylvanus, a retired Director and Secretary of the Board of the National Immigration Service, NIS, said N201 million was actually required for a proper conduct of the exercise. Mr. Sylvanus also told the Federal High Court that a last minute adjustment made...

MTN Allegedly Lays Off Over 4000 Contract Staff

MTN Nigeria laying off Contract Staff without been paid their full salary. No gratuity, no pension, no thank you mail to people who have spent at least 5 years to like 14 years of their life. They did the worst last week by telling them to do photocopy of their ID cards and return the main ID'S with the staff left with a sheet of paper without been paid and still expected to work. They also harassed the contract staffs...

75,000 Children Could Die In Nigeria In 2017 – UNICEF

U.N. Children’s Fund warns that about 75,000 children will die next year in Nigeria. The horrible prediction is based on famine-like conditions created by Boko Haram if donors don’t respond quickly. The Fund stresses that’s far more than the 20,000 people killed in the seven-year Islamic uprising. Arjan de Wagt, nutrition chief for UNICEF in Nigeria, notes that the severity of malnutrition levels and high number of children facing death make the humanitarian crisis confronting northeastern Nigeria perhaps the worst...

UNILAG Shut Over Students’ Protest

The authorities of University of Lagos (UNILAG), Akoka, have ordered the closure of the gates of the main campus at Akoka due to protest by students. The aggrieved students were said to be protesting against the rustication of some members of the students' union. The rusticated students were leaders of the students body that led a protest in April over poor electricity and water supply in the community, and the difficulty faced by a large number of students living off campus...

Jumia Nigeria Is Launching Jumia Local To Sell Made-In-Nigeria Products

Jumia Nigeria is marking Nigeria’s 56th independence day anniversary this year by introducing an online store dedicated to products made in Nigeria. They’re calling it Jumia Local and the official launch is this Saturday, October 1, 2016 . Jumia Local is Jumia’s way of supporting local entrepreneurs and brands that manufacture or assemble their products in Nigeria. Merchants on the site will be able to sell their products on at 0% commission, and their products will be promoted through Jumia’s...

2face Becomes ‘Violence Free’ Ambassador

Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has appointed pop singer, 2face innocent Idibia, ace comedian, Gbenga Adeyinka 1st and entertainment entrepreneur, Cally Ikpe as the ambassadors of his new initiative, Violence Free World. The revered monarch disclosed this on Thursday at his palace. “I want to stress that you should understand that this role you are given should not be taken with a pinch of salt. You have all shown exemplary acts in the...

Oshiomole has given Edo state a worthy successor – Timipre Sylva

Former governor of Bayelsa State and All Progressives Congress candidate in the last governorship election in the state, Chief Timipre Sylva, has congratulated Governor Adams Oshiomhole of Edo State, Governor-Elect Godwin Obaseki, and the people of Edo State on the victory of APC at the 28 September governorship election.   In a congratulatory message on Friday in Yenagoa signed by his media adviser, Mr. Doifie Buokoribo, Sylva specially praised Oshiomhole for “a worthy cause to deliver a worthy successor to the...

FG to Pay States On Rehabilitated Roads – Fashola

The Federal Government is set to pay states that have used their resources to rehabilitate federal roads in their areas. Speaking Thursday in Katsina State, Minister of Power, Works, and Housing, Babatunde Raji Fashola, said President Muhammadu Buhari has assured to pay the debt. Fashola, who was speaking at the 22nd meeting of National Council of Works, said a committee was set up under his leadership and recommendations have been made to the government on...

Edo Elections: My View – Inibehe Effiong

It is clear from the just concluded gubernatorial election in Edo State that the Independent National Electoral Commission (INEC) has devised an intelligent policy in order to uphold the integrity of elections and the Card Reader. INEC has resorted to cancelling results from polling units where the total votes cast exceeded the total of voters accredited by the Card Reader. This practically leaves those opposed to credible elections with the aid of the Card Reader with a fait accompli. By...

Again, SSS Fails To Produce Dasuki In Court.

The Federal Government has again failed to produce the former National Security Adviser, Sambo Dasuki, before an Abuja High-Court for trial. Mr. Dasuki is accused of money laundering and corruption. He was charged along with five others before Justice Peter Affen, and was granted bail. He was re-arrested and kept in custody of the State Security since December 2015. Others being prosecuted along with the former NSA include a former Director of Finance in the Office of the NSA, Shuaibu Salisu, a...

Oil Prices Surge 6% After OPEC Cuts Production For First Time Since 2008

The world's leading oil nations - known as Opec - have struck a landmark deal at talks in Algeria that sees the countries agree to cut output and lift prices. Oversupply has been dogging the world's oil markets and hopes are that the first deal between the nations since 2008 will mark the end of the 'dumping' strategy previously favoured by the organisation's members. Immediately after the deal was agreed oil prices rose, with Brent Crude - the international benchmark -...