Falana seeks explanation for fuel subsidy increase from N261 billion to N1.4 trillion

Falana seeks explanation for fuel subsidy increase from N261 billion to N1.4 trillion

- A human rights activist, Femi Falana has sought explanation for fuel subsidy increase from N261 billion to N1.4 trillion

- Falana said Nigeria is not unaware that the increasing consumption rate has been blamed on the smuggling of imported fuel

- He accused Ibe Kachikwu, the minister of state for petroleum of failing to disclose the amount realised from the sale of the 60 million litres at N145 per litre by the federal government

A human rights activist, Femi Falana on Tuesday, April 17, asked Ibe Kachikwu, the minister of state for petroleum the details of how the Nigerian government’s payment of N261.4 billion per annum in fuel subsidy skyrocketed to N1.4 trillion.

Premium Times reports that Falana said the ministry failed to account for millions of litres of imported fuel between December 2017 and March this year.

According to Falana, in December 2017, the management of the Nigerian National Petroleum Corporation (NNPC) said the nation’s consumption rate of fuel was 28 million litres per day and that subsidy cost was N726 million per day (N261.4 billion per annum).

READ ALSO: APC might be imperfect but we are far from PDP - Tinubu

Falana made this in his FOI request, ''We are not unaware that the increasing consumption rate has been blamed on the smuggling of imported fuel from Nigeria to neighbouring countries by some economic saboteurs.

''Assuming without conceding that the story of smuggling is true the total volume of fuel consumed by Benin, Togo, Cameroon, Niger, Chad and Ghana is said to be less than 250,000 litres per day. You will agree with me that this does not explain the difference of 32 million litres per day between the consumption rate of imported fuel in December 2017 and March 2018.”

PAY ATTENTION: Read the news on Nigeria’s #1 new app

Falana accused the minister of failing to disclose the amount realised from the sale of the 60 million litres at N145 per litre as well as the sale of the 445,000 barrels of crude oil allocated to the NNPC daily by the federal government.

According to him, ''Honourable minister, the convenient defense of smuggling as cheap justification for a gap of 32 million litres a day (at N145 per litre is N4.6 billion daily) is untenable given the billions of Naira continually expended on Project Aquila Software by the Petroleum Equalization Fund (PEF), a parastatal under your watch in the Petroleum Ministry, to track every litre of petroleum product evacuated from the Depots and sold at retail stations in the country.

''Since the Project Aquila Software has the capability to identify theowners and locations of all trucks loading petroleum products in Nigeria, why has your office and NNPC continued to blame smuggling for the drain of N4.6 billion daily on petroleum products? How many of the truck owners involved in the alleged smuggling have been arrested and arraigned in court since Aquila has the database of all Truck Owners in the country?''

Meanwhile, NAIJ.com had reported that Femi Falana said that the presidency is not operating under the rule of law, regarding the continued detention of Shi’ite leader, Ibraheem El-Zakzaky Government of Impunity.

In a statement on Wednesday, May 24, Falana said it was the first time in Nigeria’s history that a democratically elected government would openly justify a citizen’s detention in defiance of a valid court order.

According to Falana, ''Even under the neo-tarzanist Buhari/Idiagbon military junta, court orders which directed that victims of the obnoxious Detention of Persons Decree No 2 of 1984 be released from illegal custody were complied with.''

Meanwhile, NAIJ.com had reported that Femi Falana said that the presidency is not operating under the rule of law, regarding the continued detention of Shi’ite leader, Ibraheem El-Zakzaky Government of Impunity.

In a statement on Wednesday, May 24, Falana said it was the first time in Nigeria’s history that a democratically elected government would openly justify a citizen’s detention in defiance of a valid court order.

According to Falana, “Even under the neo-tarzanist Buhari/Idiagbon military junta, court orders which directed that victims of the obnoxious Detention of Persons Decree No 2 of 1984 be released from illegal custody were complied with.''

Fuel scarcity: This is getting too much for us - Nigerians lament - on NAIJ.com TV:

Subscribe to watch new videos

Source: Naija.ng

Related news
Why I won’t implement panel reports on herdsmen attacks - Ortom

Why I won’t implement panel reports on herdsmen attacks - Ortom

Why I won’t implement panel reports on herdsmen attacks - Ortom
NAIJ.com
Mailfire view pixel