The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has been called to appear before the House of Representatives Ad Hoc Committee over controversies surrounding Petroleum Products Subsidy regime from 2013 to 2022.
Ibrahim Aliyu, the chairman of the committee, issued the summons during the panel’s ongoing hearing in Abuja on Tuesday.
He lamented the absence of several invited agencies including the Nigerian Police Force, the Department of State Services, the Office of the Accountant-General of the Federation, and Shell Petroleum Development Company at the hearing.
Members of the committee also criticized the ministry’s Director of Home Finance, Stephen Okon, for appearing without a letter from Ms Ahmed authorizing him to represent her.
Okon was eventually allowed to speak, and he stated that he only appeared before the lawmakers to request more time for the ministry to gather and present the necessary documents.
Giving reason for the summon, the committee’s chairman said “This committee requested from you to know the total amount released from the Consolidated Revenue Account as subsidy payments from January 2013 to date; the total amount released from other accounts other than the Consolidated Revenue Account to subsidy payments from January 2013 to date; breakdown of beneficiaries; companies that enjoyed releases from the Consolidated Revenue Account and other revenue accounts as subsidy payments.
“Identify each beneficiary with the amount sent to them, month by month, covering the period from January 2013 to date; all correspondences between the Federal Ministry of Finance and the Central Bank of Nigeria regarding subsidy payments from January 2013 to date; evidence of lodgement of forex into Consolidated Revenue Account by the Nigerian National Petroleum Corporation now (Nigerian National Petroleum Company) Limited as revenue from January 2013 to date.
The committee however gave Ms Ahmed one week to appear before it with all of the documents requested by the lawmakers regarding subsidy claims and payments during the period under consideration.