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Reps to meet NNPC officials over oil marketers’ charges claim


• To investigate stamp duty charges account in CBN
• Probe of N13 billion recovered in Ikoyi residential house
• Workers against removal of minimum wage from concurrent list

The House of Representatives Ad-hoc Committee on Review of Fuel Pump Price yesterday announced plan to meet with officials of Nigerian National Petroleum Corporation (NNPC) to confirm the veracity or otherwise of claims by oil marketers that guidelines and charges by the corporation contributed largely to per pump price of Premium Motor Spirit (PMS), commonly known as fuel.

The meeting, according to Chairman of the committee, Mr. Nnana Igbokwe, would take place in few weeks.The panel is also planning to tour the country’s major refineries, alongside few ones outside the country to compare operations in the two environments.

According to Igbokwe, the committee is studying the various oral and written submissions and would soon come up with a report to the House that would justify or condemn the decision of Federal Government in increasing prices of petroleum products.


Besides, the House has resolved to investigate the amount collected so far by the Federal Government as stamp duty charges.In a motion by Odeneye Kehinde (APC, Ogun), the lawmakers said it was not clear how much money had been lodged in the account since January last year that the government directed banks and other financial institutions to commence the collection of N50 per transaction from their customers as stamp duty for money obtained through electronic transfers, cash or cheques.

The Speaker, Yakubu Dogara, therefore, mandated the Committee on Telecommunications to carry out the investigation with a view to ascertaining the actual amount in the account and how secure they are, and report back in four weeks.

In another development, the House has mandated its Committee on National Intelligence to investigate the source of the N13 billion discovered in a residential apartment at Osborne Road, Ikoyi, Lagos, by the Economic and Financial Crimes Commission (EFCC).

According to the News Agency of Nigeria (NAN), the resolution followed the adoption of a motion sponsored by Gabriel Kolawole.Meanwhile, aggrieved groups of Nigerian workers have warned the House of Representatives against plan to remove the national minimum wage from the exclusive list to the concurrent list in a bill allegedly being sponsored by one of its members.

President, Trade Union Congress of Nigeria (TUC), Bobboi Bala Kaigama, yesterday strongly condemned the call for the purported removal, expressing the union’s determination to reject it with all forces.

The Nigeria Labour Congress (NLC), the Nigeria Employers’ Consultative Association (NECA) and United Labour Congress (ULC) have also said it was better for government to review the minimum wage now that the country was in recession and not at any other time.


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Nnana IgbokweNNPC
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