The management of the Home of Representatives has resolved to dissolve the present ad-hoc Joint Downstream and Midstream Committee, mandated to conduct a forensic investigation into the oil and fuel sectors.
The Home spokesperson, Hon Akin Rotimi, who disclosed this in a press release yesterday, stated.
A committee chaired by Hon Ikenga Ugochinyere and Hon Henry Okogie might be succeeded by a newly constituted ad-hoc committee with the identical mandate.
The assertion reads: “The Management of the Home of Representatives has resolved to dissolve the present ad-hoc Joint Downstream and Midstream Committee.
“Initially tasked with investigating the importation of adulterated petroleum merchandise, the non-availability of crude oil for home refineries, and different essential vitality safety points, this committee might be succeeded by a newly constituted ad-hoc committee with the identical mandate.
“To make sure the efficacy and independence of this investigation, the brand new committee will encompass honourable members chosen for his or her experience, competence, and integrity.
“The Home stays dedicated to addressing these important points and making certain thorough oversight. Additional particulars on the brand new committee’s operations might be supplied sooner or later.”
LEADERSHIP stories that the Home had mandated its Committees on Petroleum Sources (Downstream) and (Midstream) to hold out a legislative forensic investigation into the resurgence of gas queues in petrol stations, allegations of excessive price of PMS, unavailability of gas inventory for downstream home refineries, amongst others.
The committees had been additionally to hold out a legislative forensic investigation into the presence of middlemen in buying and selling, indiscriminate issuance of licenses, unavailability of laboratories to examine adulterated merchandise, inflow of adulterated merchandise into the nation, allegation of non-domestication of income realised from crude advertising gross sales in native banks, in addition to different anomalies.
The Home equally directed the panels to conduct a legislative forensic probe into the allegation of importation of substandard merchandise and high-sulphur diesel into Nigeria, sale of petroleum merchandise under honest market worth and its influence on downstream and native refineries and because the supply of funds for such interventions, amongst others and report again to the Home inside 4 weeks for additional legislative motion.
