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LequteMan
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According to Governor Adams Oshiomhole of Edo state, Minister of Finance Dr. Ngozi Okonjo-Iweala is a part of the subsidy fraud Nigeria's oil marketers are accused of perpetrating.
Criticising what he called “latter day policy activism” by the minister, Mr. Oshiomhole said apart from the subsidy regime, the minister must also come clean on some other critical issues that demand accountability from her.
“The question to ask is: how come that it is now, for the first time, that we are hearing from the Minister of Finance about fraudulent claims by the oil marketers amounting to billions of Naira? At what point did the Minister of Finance and CME realize that these fraudulent and similar claims are going on? When did it start? Is it just recently or it has been going on all along?
"These questions are pertinent because we know that if the Petroleum Products Pricing Regulatory Agency (PPPRA) were doing its work diligently, all claims by oil marketers would be vetted on a daily basis before their payments are processed by the Ministry of Finance. Hence, there should be no dispute about the amount due to oil marketers at any point in time.
“What the foregoing, therefore, suggests is that all along, PPPRA, the Ministry of Finance and the oil marketers have been involved in an unholy alliance, in the mismanagement of the fuel subsidy regime and in the process defrauding the nation of its revenues,” the governor said.
#Nigeria #PPPRA #OkonjoIweala
Criticising what he called “latter day policy activism” by the minister, Mr. Oshiomhole said apart from the subsidy regime, the minister must also come clean on some other critical issues that demand accountability from her.
“The question to ask is: how come that it is now, for the first time, that we are hearing from the Minister of Finance about fraudulent claims by the oil marketers amounting to billions of Naira? At what point did the Minister of Finance and CME realize that these fraudulent and similar claims are going on? When did it start? Is it just recently or it has been going on all along?
"These questions are pertinent because we know that if the Petroleum Products Pricing Regulatory Agency (PPPRA) were doing its work diligently, all claims by oil marketers would be vetted on a daily basis before their payments are processed by the Ministry of Finance. Hence, there should be no dispute about the amount due to oil marketers at any point in time.
“What the foregoing, therefore, suggests is that all along, PPPRA, the Ministry of Finance and the oil marketers have been involved in an unholy alliance, in the mismanagement of the fuel subsidy regime and in the process defrauding the nation of its revenues,” the governor said.
#Nigeria #PPPRA #OkonjoIweala
