By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Thursday, Oct 8, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Hot NewsPolitics

Senate Rejects Panel Report On Fuel Scarcity

Wisdom Nwedene
Last updated: January 18, 2018 6:04 am
By Wisdom Nwedene - Journalist
Share
3 Min Read
Nigerian Senate at Plenary
SHARE
Follow & Subscribe Us:
Subscribe YouTubeFollow FacebookFollow XFollow Instagram

The Senate yesterday rejected the interim report of its committee on Petroleum (Downstream) on the lingering fuel scarcity in the country. The panel probed issues relating to illegal operation of new subsidy regime by the Nigerian National Petroleum Corporation (NNPC). Senator expressed reservation on report of the committee chaired by Senator Kabir Marafa (APC,Zamfara).

The committee had recommended that the Federal Government should consider granting a special foreign exchange concession to oil marketers and partially deregulate the petroleum sector to allow oil marketers import fuel and sell at a price different from the NNPC mega stations, as short term measures. As long term measures, the committee recommended the unbundling of the NNPC through the Petroleum Industry Bill (PIB), upgrade of all existing refineries, dredging of water channels and that the Federal Government should allow for private participation in the development of viable product distribution infrastructures. First to fault the report was Senator Attai Aidoko (PDP, Kogi) who said it did not capture the key mandate of the committee, alleging that it was written and handed over to the committee by the NNPC.

The position was supported by Senator Bayero Nafada (APC, Gombe), who said “It looks like a report that was imported to the Senate not the one by the Senate. The committee should go back and bring its own report not the one that was written for it”. However, Senate Leader Ahmad Lawan (APC, Yobe) cautioned his colleagues against denigrating the work of the committee and suggested that the report be withdrawn.

Reacting, Marafa told his colleagues that the recommendations of the committee were as canvassed by stakeholders during the investigative hearing. The Senate directed the committee to review the report with a view of finding lasting solutions to the perennial scarcity of fuel. It also mandated the committee to investigate alleged fraud in the volume of fuel imported/ consumed in the country. Senate also directed its committee on Public Accounts chaired by Senator Mathew Urhoghide (PDP, Edo) to investigate the secret operation of subsidy regime by the NNPC.

Recommended YouTube Videos on 9News Nigeria TV

You said It's our turn (AWALOKAN), and we voted for you - Woman cries to President Tinubu in Yoruba
We Want Change: Tonto Dikeh, Umar Ganduje, Clamour Need For Youth Inclusiveness
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
ECOWAS VS NIGER JUNTA, SUBSIDY REMOVAL HARDSHIP, WIKE TO FACE WRATH OF THE LAW IF...

Powered by www.zebrawebs.com

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
ByWisdom Nwedene
Journalist
Follow:
Wisdom Nwedene is 9News Nigeria reporter.
Previous Article kanu nwankwo 300x336 Kanu Nwankwo’s Hotel, Hardley Apartments Lagos Taken Over By AMCON As He Laments
Next Article Fulaniherdsman1 BREAKING!! God Has Given Us Nigeria And Until Cattle Colonies Are Established In All States, There Will Be No Peace – Fulani Herdsmen
Search
– Advertisement –
Latest News
  • I Won 2023 Presidential Election But There’s No Evidence – Peter Obi October 8, 2026
  • INEC May Bar Parties From 2027 Elections Over Register Violations October 8, 2026
  • Ghana Moves to Join BRICS as Cabinet Approves Formal Application October 8, 2026
  • 33-year-old son arrested for allegedly writing FCT promotion exam for father October 8, 2026
  • 2027: Tinubu will defeat Presidential opponents by wide margin — Bwala October 8, 2026
  • Tragedy averted as NAF helicopter makes emergency landing in Makurdi October 8, 2026
  • BREAKING: FBI foils alleged ISIS-inspired mass shooting plot in the U.S October 7, 2026
  • Man allegedly stabs customer to death over N500 in Jigawa October 7, 2026
  • What Ow West Stands to Gain if Kanayo Onyemaechi Is Elected for a Third Term October 7, 2026
  • Oyo Police arrest three suspects over brutal murder of couple and four children October 7, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

CNN gets new owner as Trump ally seals $81bn Warner buyout
USABreaking News

CNN gets new owner as Trump ally seals $81bn Warner buyout

October 6, 2026
Imo State
Latest NewsImo

ISIEC fixes November 7 for Imo LGA Elections

October 5, 2026
Senator Dr Orji Uzor Kalu
Hot NewsLatest News

2027: Ohafia communities hail Senator Orji Kalu’s exceptional performance

October 4, 2026
Orji Kalu 780x470 1
PoliticsHot News

Orji Kalu Among Nigeria’s Most Reliable, Trustworthy Senators Says Lamido

October 2, 2026
President Tinubu
Breaking NewsHot News

President Tinubu Departs France for Nigeria, Presidency Confirms

September 29, 2026
Governor Adeleke and Oyebamji
PoliticsHot News

Osun ruling: APC members plan protest against leaders

September 28, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Imo state
  • Sports
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • Crime and Investigation
  • The Love of God
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d