Reps reprimands PPPRA for allegedly doctoring revenue documents
House of Representatives Committee on Finance has frowned at the Pipeline Products Pricing Regulatory Agency (PPPRA) for failing to give appropriate figures of its daily output of Premium Motor Spirit (PMS) and other petroleum products in the country.
Chairman of the Committee, James Faleke, and other members maintained there were discrepancies in the records presented vis-à-vis revenues owed the government.
Faleke, therefore, asked the agency to reappear today, to give further clarification on the discrepancies, as PPPRA Assistant General Manager (AGM), Corporate Services, Kimshi Apollo, could not give clear answers to some of the questions asked by the lawmakers.
Trouble started when the chairman noted that the documents submitted by the agency showed the daily output of PMS and other products were the same from 2018 to 2019.
It was also observed that the daily consumption of PMS was put at 48 million litres within the period under review, while Automotive Gas Oil (AGO) was put at 10.5 million litres per day.
In another document, the agency claimed it discharged 59.90 million litres daily in January 2019, 55.04 million in February and 55.66 million litres in March. The document further indicated that the supply jumped to 60.27 million litres in January 2020, then 60.56 million litres in February and moved down to 56.07 million litres in March 2020.
Again, the supply jumped to 61.92 litres per day in January 2021, went down to 58.09 million litres in January, and moved up to 66.64 million litres in March 2021.
Faleke said: “The records presented have contradictions that cannot be ignored. Tell us that the documents are not correct, so that we can move forward. The data you gave us, yesterday, which says 52 million per day was wrong, so your naira figure too will be wrong.”
In his response, Apollo said the agency brought the constant figure of 48 million litres based on what transpired earlier, on Monday, regarding the average daily consumption by the Department of Petroleum Resources (DPR).
In his ruling, the chairman directed PPPRA to produce, unfailingly, the records of the entire daily output of petroleum products, as well as remittances to the Federal Government.
He also asked the Financial Reporting Council, Accountant General’s Office and Nigeria National Petroleum Corporation (NNPC) to scrutinise the records and reappear today.