Reps summon Finance Minister, demand documents for oil subsidy claims

NEWS DIGEST – The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed to make available before it all documents relating to subsidy claims from 2013 till date.

Ibrahim Aliyu, Chairman, Special ad hoc committee investigating Petroleum Subsidy regime said this when Stephen Okon, Director Home Finance in the ministry appeared before it in Abuja on Tuesday.

The Chairman of the committee gave the minister Aug 16 to make herself available with all the relevant documents in subsidy claims.

The chairman said that the minister must answer the total amount released from the consolidate revenue account as subsidy payment from 2013 till date.

He said that the breakdown of beneficiaries companies that received subsidy payments from the consolidate revenue account must be submitted before it.

According to the chairman, the statement by the minister recently that the country will require N6.7 trillion to service subsidy is worrisome.

He said that it was imperative for the minister to appear before the committee to explain certain actions, adding that the subsidy would be borrowed for Nigerian to enjoy.

He added that the issue was a very serious one that required the concern of everybody, adding that the committee was holding trust for the citizenry.

Mr Okon, however said he had to appear because the ministry did not want to pass information that was not properly process before the committee.

He said that he came to plead for an extension of time, adding that he was not mandated to make any presentation before the committee.

He said that the ministry would love to ask for additional time to collate information required before the committee.


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