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Leke Baiyewu, Abuja
The House of Representatives has resolved to investigate the 5.2 million barrels of crude oil worth $339m, which was reported to have been unaccounted for by the Nigerian National Petroleum Corporation under the Direct Sales Direct Purchase scheme.
A member of the House, Abubakar Yalleman, moved a motion at the plenary on Wednesday to call for investigation of the DSDP arrangement, which has allegedly led to loss of oil and revenue.
The motion was titled ‘Urgent Need to Investigate the Allocation of Crude Under the Direct Sale Direct Purchase (DSDP) Scheme.’
Following the unanimous adoption of the motion, the House resolved to set up an ad hoc committee to investigate “allocation of crude oil under DSDP scheme from 2018 till date, crude oil allocation per refinery and the rationale for such allocation, and what happens to unutilised stock of crude oil in the case of a refinery with inadequate production capacity.”