HighlightOil & Gas

Lack of trust in NNPC: Governors want states to determine oil subsidy payment henceforth 

264

None of the 36 state governors in Nigeria trust the NNPC “to do what is right”— over subsidy payments any longer.

The Governors want states rather than the Nigerian National Petroleum Corporation (NNPC) to determine how much is paid as subsidy by government.

“You see, we are in the hands of these people (NNPC) and we are trying to be cautious. Not just NNPC, even Nigerians are not helping matters because when there is shortfall in the product, everybody will start making noise. And you will not know why there is shortfall, said Abdelaziz Yari, Zamfara governor.

The governors say individual state will determined the quantity of petroleum product consumed in its territory as a basis for calculating the subsidy to be paid.

“If we start to investigate, these people will create chaos that we will regret and Nigerians will not look at the damage from the base. But rather, they will start accusing government of laxity or not doing what it is supposed to be doing.

“So, it’s not about investigation. It’s about knowing what’s going to happen to future supply.  And this supply, the destination must be set.

“That’s is why we gave the states the responsibility to go back and ascertain the quantity needed by each and every state.”

 The National Economic Council (NEC) led by Vice President Yemi Osinbajo, which is currently in session is expected to endorse the move.

The governors who met Wednesday night on the platform of Nigeria Governors Forum, at their Maitama, Abuja office, are uncomfortable  with the amount Nigeria National Petroleum Corporation (NNPC) is claiming to pay as subsidy as well as the corporation’s stated quantity of local consumption.

With dwindling accruals to states, NNPC has told the governors that it is now paying subsidy on 60 million liters daily consumption up from 33 million liters a few months ago.

Briefing newsmen last night at the end of the NGF meeting which ended at 11:30pm Wednesday night, its chairman and Zamfara state governor, Abdulaziz Yari, said “if states say our demand is 30 million liters, you cannot say you brought 60 million liters for us.

“We are taking every situation carefully so that we don’t endanger the security situation of the country and at same time, we do not play into the hands of the NNPC.”

He said however that the governors will not be pushing for the investigation of NNPC as the move may backfire.

“This is not the first time that a massive drop in trust has been linked to the pressing issue of subsidy, said a governor of the phone.

Leave a comment

Related Articles

Defence Minister Urges Youth Council To Join Fight Against Oil Theft

The Minister of Defence, Mr. Mohammed Abubakar, has called on the National...

NNPC Ltd. Chief advocates Special Court for Crude Oil Theft, Pipeline Vandalism

“Together, we can ensure that the benefits of our natural resources are...

WCQ: NFF Set To Hire Foreign Technical Adviser For Super Eagles

In a bid to salvage Nigeria’s 2026 World Cup aspiration, the Executive...

Eid-el-Kabir: Kano Police prohibits Durbar celebrations for security reasons

Ahead of Eid-el-Kabir, the Kano State Police Command has banned all Durbar...

Federal court insists it has jurisdiction to hear deposed Emir Bayero’s rights violation suit

The Federal High Court in Kano has affirmed its jurisdiction to hear...

Messi to miss Olympics but leaves door open for 2026 World Cup

Eight-time Ballon d’Or winner Lionel Messi has disclosed that he will not...

Just in: Supreme Court reserves judgment in FG’s suit seeking full local govt. autonomy

The Supreme Court has reserved judgment in the Federal Government’s suit against...

FG warns of massive layoffs as labor disagrees on N62,000 minimum wage

The Federal Government has asked organized labor to take into account the...

CNG now available for purchase for cars, trucks, says Soneye

Barely a month after deploying Compressed Natural Gas (CNG) delivery installations in...

Soludo cautions Pres. Tinubu against unsustainable minimum wage

The Anambra State Governor, Prof. Chukwuma Soludo, has cautioned President Bola Tinubu...

Democracy Day: I didn’t fall, I prostrated for our country attaining Silver Jubilee—Tinubu

President Bola Tinubu has downplayed the momentary slip during the presidential parade...

Power supply: Ogun set to acquire abandoned River Basin Development Authority’s hydro power plant

Ogun Gov. Dapo Abiodun has expressed interest in acquiring the abandoned hydro...

June 12: Ogun Gov. Abiodun pays homage to Abiola’s family, urges national perseverance

Governor Dapo Abiodun of Ogun State has urged Nigerians to remain committed...

Democracy Day: Give Nigerian workers living wage, group urges Tinubu

As Nigerians commemorate 25 years of unbroken democracy, a socio-political group, the...

Presidential aide shrugs off Tinubu’s slip at Eagles Square as minor mishap

President Bola Tinubu’s Special Adviser on Social Media, Mr. Dada Olusegun, has...

Pres. Tinubu lauds, acknowledges Nigerian media’s contributions to democracy

President Bola Ahmed Tinubu has acknowledged the significant contributions of the media...

Democracy Day: Tinubu promises swift action on minimum wage legislation, hails heroes, heroines of June 12

…pays glowing tributes to MKO Abiola, Kudirat Abiola, Yar’Adua, Rewane, and other...

Democracy Day: Pres.Tinubu to address Nigerians on Wednesday

President Bola Tinubu will deliver a special Democracy Day address to the...

Nigeria’s 25 years of democracy: Ex. Pres. Jonathan calls for inclusive democracy, national unity

Former President Goodluck Jonathan has urged Nigerians to adopt democratic practices that...

Court didn’t declare Amaewhule, 26 defected assemblymen PDP members, Rivers AG clarifies

The Rivers State Government has clarified that the State High Court did...