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Reps decry controversy trailing return of fuel subsidy


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The House of Representatives on Wednesday expressed grave concern over the controversy trailing the resuscitation of fuel subsidy on Premium Motor Spirit (PMS) as well as allegation bothering on the diversion of crude oil at Warri Refinery, in Delta State.
The House in-session who expressed displeasure over the myriad of challenges facing the shutdown of the dyfunctionality of the domestic refineries, mandated its Committee on Petroleum Resources (Upstream) to investigate the activities of Nigerian National Petroleum Corporation (NNPC) on the operations of the haulage challenges, inadequate storage tanks affecting the Warri refining and petrochemical company in the bid to forestall the frequent shutting down of the refinery. ....

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Reps probe alleged diversion of crude oil at Warri refinery


Reps probe alleged diversion of crude oil at Warri refinery
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By Levinus Nwabughiogu, Abuja
House of Representatives, Wednesday mandated its Committee on Petroleum (Upstream) to investigate an alleged diversion of crude oil meant for refining at Warri refining and petrochemical company in Delta State.
The Committee would also probe why the Nigerian National Petroleum Corporation, NNPC has allegedly failed, refused and or neglected to address the haulage challenges viz-a-viz inadequate storage tanks affecting the refining and petrochemical company to forestall the frequent shutting down of the refinery.
The resolution of the parliament was sequel to a motion titled “Urgent Need for the Re-Opening And Commencement of Operations of the Warri Refining and Petrochemical Company by Addressing the Haulage Challenges and Lack of Functional or Operational Storage Tanks Affecting the Refinery”, sponsored by Hon. Ben Rollands Igbakpa representing Ethiope Federal Con ....

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House to conduct investigative hearing on NNPC's decision to shut down Warri refinery