H/Reps summon Petroleum, Finance Ministers, NNPC, CBN, others over poor state of refineries

The House of Representatives has invited the minister of Finance, Budget and National Planning, Zainab Ahmed, the Minister of State for Petroleum Resources, Timipre Sylva, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Ltd, Mele Kyari, and the governor of Central Bank (CBN), Godwin Emefiele, to appear before it next week Thursday to give an account of the true state of refineries and what is needed to be done for them to function at maximum refining capacity.

The House Adhoc Committee investigating the state of refineries in the country, which made the invitation at its hearing on Thursday, also requested the presence of other relevant key government stakeholders.

They include; Accountant-General of the Federation, Auditor-General of the Federation, Director General, Budget Office of the Federation, the Nigerian Upstream Petroleum Regulatory Commission, the Nigerian Midstream and Downstream Petroleum Authority, the Port Harcourt Refining Company Limited (PHRC), the Kaduna Refining and Petrochemical Company Limited (KRPC), the Warri Refining and Petrochemical Company Limited (WRPC), National Bureau of Statistics (NBS) and Nigeria Extractive Industries Transparency Initiative (NEITI).

Recall that the Speaker of the House, Femi Gbajabiamila, had in January 2022 constituted the ad-hoc committee to determine the state of refineries in the country and what is needed to bring them back to maximum refining capacity.

The committee was mandated to work with NNPC, the Nigerian Upstream Petroleum Regulatory Commission, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, and other relevant stakeholders to obtain the needed information in order to carry out the assignment.

The committee swung into action and on February 24, 2022, requested the GMD of the NNPC for a Status Report on the nation’s refineries.

The lawmakers had acknowledged receipt of their submissions and information so far provided but pointed out that the submission made by the NNPC did not adequately provide answers to most of the requests made to them by the letter.

Therefore, in a second letter to the GMD, dated 17 March, 2022, inviting him to the interactive session, the panel specifically requested for: “Copies of approved budget documents on rehabilitation by the refineries: Port Harcourt Refining Company (PHRC); Warri Refining and Petrochemical Company Limited (WRPC) and Kaduna Refining and Petrochemical Company Limited (KRPC)) from the year 2012 to date, Evidence of approvals for rehabilitation of the refineries from the year 2012 to date, Evidence of fund releases for rehabilitation of the refineries from the year 2012 to date, Copies of all contracts awarded for the rehabilitation of refineries, and award letters issued to service providers and contractors from the year 2012 to date.”

Others are: “Copies of Work Completion Certificates issued on rehabilitation projects carried out on refineries from the year 2012 to date, Evidence of payments made for all such contracts awarded from the year 2012 to date, What is needed to bring the Refineries back to maximum refining capacity and any other relevant information to assist the Committee in the course of this assignment.”

Chairman of the ad-hoc Committee,
Johnson Ganiyu, while speaking at the hearing, said the summon became necessary following the failure of the ministers and the other invited government officials to honour earlier invitations.

He said Nigerians are pained and not happy with the current state of affairs regarding the oil sector of the economy, hence subsidy is no longer sustainable and ways must be sought to develop the country’s refining capacity to satisfy daily local consumption needs.

Related news

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.