Reps Demand Oil Subsidy Documents Claim From Minister As Concerns Grow Over Cost Of Service Subsidy

The Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed has been summoned by the House of Representatives to provide all documents pertaining to subsidy claims from 2013 to date.

This was disclosed by Rep Ibrahim Aliyu, Chairman, Special ad hoc committee investigating Petroleum Subsidy regime  when Mr Stephen Okon, Director Home Finance in the ministry appeared before it in Abuja on Tuesday.

The Chairman of the committee said the minister is expected to deliver the required documents by August 16.

This comes as the chairman expressed worry and concern over the recent statement by the minister claiming that the country will require N6.7 trillion to service the subsidy.

Aliyu said that the minister will deliver the total amount released from the consolidated revenue account as subsidy payment from 2013 till date.

He also said the breakdown of beneficiary companies that received subsidy payments from the consolidated revenue account must be submitted before it.

He said that it was crucial for the minister to show up before the committee to clarify certain actions, adding that the subsidy would be borrowed for Nigerians to enjoy.

He stressed that the issue was a sensitive one that demanded general concern, adding that the committee was holding trust for the citizenry.

However,director Home Finance in the ministry, Stephen Okon said he had to appear because the ministry did not want to pass information that was not properly processed before the committee.

He explained that he came to solicit for more time to collate the required information, adding that he was not directed to make any presentation before the committee.

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