Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Reps pledge prompt prosecution of fuel subsidy racketeers

Published by Guardian on Mon, 06 Feb 2012


CHAIRMAN House of Representatives Committee on Media and Public Affairs, Zakari Mohammed, has promised prompt prosecution of individuals or group of people involved in fuel racketeering in the subsidy regime.Besides, he assured that Nigerians would soon know the whereabouts of the 'missing' 24 million litres of petrol reportedly unaccounted for in the subsidy system.Mohammed, who spoke over the weekend in Ilorin, Kwara State said the current Legislative Assembly owed Nigerians the duty to expose the cartel behind alleged fraudulent transactions in the nation's oil sector.The lawmaker, who represents the Baruten/Kaiama Federal Constituency of Kwara State, disclosed how some people involved in the shady deals had been mounting pressures on his House to jettison the probe, but assured that it would not yield ground.Mohammed said: 'It is possible to have proper accounting system in Nigerian oil sector. Now that deregulation of the sector has commenced, the silence culture on probity and accountability should be over.'When we came in, we saw a need to reduce the cost of governance as our own way of sacrifice. We have therefore decided that wastages must be halted in the oil sector. In the year 2010, we used half a trillion naira on subsidy that went into the pockets of individuals. We must curb the wastage to justify the recent deregulation. So only those who had carried out proper transactions in the nation's oil sector would be free from our investigations.' .He added: 'It has come to our knowledge that 24 million litres of Premium Motor Spirit (PMS) could not be accounted for. We must probe this. This probe, we can assure Nigerians, would not go the way of past probes that failed to see the light of the day.'Mohammed also urged members of the Boko Haram sect to reveal their identities as a prelude to a dialogue with them even as he commended President Goodluck Jonathan for his approach to the nation's current security challenges.Stating that there existed a yawning gap in the standard of living between the governed and those in government, Mohammed canvassed a redistribution of wealth in the country, adding that this would end all militant agitation in Nigeria.Deploring the absence of entry point in the nation's media industry, the lawmaker disclosed that he would soon sponsor a media-related bill that would cover several anomalous features of the profession in the country.
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Daily News 24  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Softfootball  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs