Reps summon finance minister over gas subsidy claims

The Home of Representatives has summoned the Minister of Finance, Funds and Nationwide Planning, Zainab Ahmed, to make obtainable earlier than all of it paperwork referring to subsidy claims from 2013 until date.

Ibrahim Aliyu, Chairman, particular advert hoc committee investigating petroleum subsidy regime mentioned this when Stephen Okon, Director House Finance within the ministry appeared earlier than it in Abuja on Tuesday.

The chairman of the committee gave the minister August 16 to make herself obtainable with all of the related paperwork in subsidy claims.

The chairman mentioned that the minister should reply the whole quantity launched from the consolidated income account as subsidy cost from 2013 until date.

He mentioned that the breakdown of beneficiary corporations that obtained subsidy funds from the consolidated income account should be submitted earlier than it.

Ms Ahmed lately mentioned that the nation would require N6.7 trillion to service the subsidy this 12 months. Mr Aliyu mentioned such claims had been worrisome.

He mentioned that it was crucial for the minister to seem earlier than the committee to elucidate sure actions, including that the subsidy could be borrowed for Nigerians to take pleasure in.

He added that the problem was a really severe one which required the priority of all people, including that the committee was holding belief for the citizenry.

Mr Okon, nevertheless, mentioned he needed to seem as a result of the ministry didn’t wish to move data that was not correctly processed earlier than the committee.

He mentioned that he got here to plead for an extension of time, including that he was not mandated to make any presentation earlier than the committee.

He mentioned that the ministry would like to ask for added time to collate data required earlier than the committee. 

(NAN)