Thursday, January 19, 2012

Fuel subsidy probe drama continues


Instead to keep up with the Kardishians I have decided to keep up with the fuel subsidy probe in local television stations. I can see Nigerians version of dumb Kim Kardishian in Diezani Alison Madueke. Ngozi Okonjo-Iweala is the shameless mom, while NNPC, PPPRA, Customs and marketers complete the cast crew.
How can you explain the blame game going on in there? If not that I am a Nigerian and odd things are natural phenomenon here, I wouldn’t have gotten over the shocker that NNPC imports crude oil. Matters can only get worse when Customs boss said all importation by NNPC is without valid papers thus they can’t keep track of the amount of importation. The Ministry of Finance wrote Nigerian Customs Service warning them not to ask for documents because it may cause crises according to Customs boss.
It was also revealed that only N250 billion out of the fictitious N1.3 trillion was paid has petrol subsidy and yet we were made to believe N1.3 trillion was used to subsidize petrol during their argument for petrol subsidy removal. The remaining amount went into kerosene subsidy and private pockets. As at this morning I don’t understand if there is subsidy on kerosene cause it is never available in filling stations.
We may have forgotten the Oputa panel by now, but it is important we remember the shocking revelations there and today Oputa panel report has been swept under the carpet. Let’s wait and see if anything positive will come out of this panel. The first step in the right direction would have been to relieve the Minister of petroleum resources of her duties but trust Him not to.

1 comment:

  1. "Ngozi Okonjo-Iweala is the shameless mom"

    I wonder why you called her a shameles mum! At least from today's hearing at the House of Reps, you should be able to see how much she knows about the payment to oil marketers. She was so passionate about cleaning up the system.

    ReplyDelete