The House of Representatives, on Thursday, unveiled plans to investigate over 200 accounts being operated by Nigerian National Petroleum Corporation (NNPC) Limited with a view to ascertaining the public funds spent on payment of fuel subsidy from 2013 till date.
To this end, the lawmakers resolved to invite the Governor of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele and Executive Chairman of Federal Inland Revenue Service (FIRS) Muhammad Nami.
The resolution was passed sequel to the adoption of a motion sponsored by Hon Mark Gbillah who frowned at the incoherent presentation of Mr Emefiele’s Special Assistant, Mr Gabriel Ogunjemiluri, on the issue bothering on the utilisation of N6.7 trillion fuel subsidy within seven months.
Hon Gbillah said: “N6.7 trillion in less than a year is being expended on subsidy. We could expect that the CBN Governor would come here personally to address such an issue and the FIRS chairman as well. I guess they believe this issue is not important enough for them to be here.
“So, Mr Chairman in my own opinion, I don’t think we should bother hearing any of the representatives of these two agencies that are here today. We would like the CBN Governor and FIRS Chairman to be here in person before this honourable committee of the House to address this critical issue.”
On his part, Hon Abdul Ganiyu-Olododo also expressed displeasure over the level of disregard for the Parliament by designating his personal staff to speak on such a critical national issue as well as the CBN Governor who also designated officers below the Directorate level.
