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Fuel Subsidy: Diezani Alison-Madueke Refuses To Step Down

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The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has dismissed calls by critics for her to step down from office to allow proper investigation into allegations of abuse in the management of petroleum subsidies.

Alison-Madueke, who spoke to journalists yesterday after the inauguration of the Special Petroleum Industry Bill (PIB) Task Force, in Abuja, also noted that the incidence of corruption and abuse in the subsidy process occurred in past administrations prior to recent adoption of the Petroleum Products Pricing Regulatory Agency, PPPRA, by her ministry.

Said she “We live in a democratic country; everyone has the right to speak their mind both for and against any individual, particularly individuals that put themselves up for public office. And I must add that individuals that put themselves up for public office should be very open for criticism because without criticism we cannot grow.”

Throwing more light on what had transpired in the Ministry since her assumption of office she said:  “The PPPRA came under the Ministry of Petroleum Resource less than a year ago. Prior to that, the agency was reporting to the Presidency, and had a Chairman of  Board. Once it came under the ministry, we  looked at it critically and put a new management in place and reshuffled its staff. “

She pointed out that the problem of corruption in the handling of petroleum subsidy had been existing for many years before the present  administration. “It did not start in this administration. However, what we have done is to move in and attempt to put processes in place to have the place under control in the shortest possible time,” she stated.

She noted that for about eight months,  after the agency was taken over by the Ministry, they looked at the performance indicators for the allocation and  were concerned over what we saw and what was on ground from the performance indicator.

“On that basis and considering other issues that we  heard, we appointed a new Executive Secretary to go in with the mandate to reform the place, tighten the control and look again at our regulations, and ensure that the entire system, the processes and procedure were handled in a much tighter and controlled manner.”

“And I must state that since the beginning of November when the changes occurred, we have seen remarkable progress.

“Of course, we also called in the Economic and Financial Crimes Commission, EFCC, to come in and look at the books, and to prosecute people were they are found culpable. I would assume that we had already put in the necessary processes and procedures to make sure that things are done in a proper manner.”

Speaking on the relevance of the Special Task Force, Alison-Madueke explained that the work done by the Oil and Gas Sector  Reform Implementation Committee (OGIC)  on the previous bill could not be said to have been in vain.

“However, after the failure of the bill to sail through the sixth National Assembly, we feel that it needs to be redefined and gingered up for a very expedient passage through the new National Assembly.

“We are also aware, as a matter of fact, that at the end of the last National Assembly, there were more than a few copies of the PIB that were floating around. Bringing together these eminent group of Nigerians and very experienced technical committee is aimed at redefining the bill, by bringing all the indices into place and looking at all the critical sections to the strategic purpose of the bill.

“Let us bear in mind that this bill has been in the making for over fifty years, but what we are saying is that no matter how long it has taken we need to get it right once and for all.”

She added that, “This bill is very critical because it is one upon which the entire oil and gas industry will stand for posterity. In a nutshell, the work of the committee is to take it further, redefine it and ensure that is passed as quickly as possible.”

Source: Vanguard Newspapers

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9 Comments

9 Comments

  1. Enter your name...

    January 19, 2012 at 9:07 pm

    Madam no story.pls resign cos u are all thievs.

  2. SALISU WUSHISHI

    January 20, 2012 at 8:32 am

    she cant resign on her own………Afri-Nigerian culture. Its a shame

  3. CLICK HERE

    January 20, 2012 at 10:18 am

    madam out of office plss we need to samitize d petrol sector

  4. adebayo

    January 20, 2012 at 12:17 pm

    madam u`re a thief.what happened to ur house u bought with fuel subsidy in Vienna in more than 8month.God will punished u&ur man friend jona(amen)

  5. Nigeria

    January 20, 2012 at 1:05 pm

    For those u has notin to say it is not a must dat u must comment.

  6. Nigeria

    January 20, 2012 at 1:06 pm

    For those u has notin useful to say it is not a must dat u must comment.

  7. JoshuaNda2

    January 20, 2012 at 1:11 pm

    Fellow Nigerian’s I am amazed by this negativity let the minister do her job. Do you tink that by removing her the petroleum industry will be sanitized?

  8. Enter your name...douglas amadi

    January 21, 2012 at 5:24 am

    I dont no were we are heading 4 that our elder bros can not manage our wealth and there by keeping hungry no job 4 younger ones imagine.

  9. Enter your name...douglas amadi

    January 21, 2012 at 5:32 am

    I dont no were we are heading 4 that our elder bros can not manage our wealth and there by keeping us hungry no job 4 younger ones imagine.

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Metro News

Gunmen Abduct Wife Of Akeredolu’s Chief Of Staff

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 Gunmen Abduct Wife Of Akeredolu’s Chief Of Staff

Ondo on map

Kidnappers on Friday abducted the wife of Olugbenga Ale, Chief of Staff to Ondo State Governor, Rotimi Akeredolu.

According to reports, she was kidnapped around Owena after the Joseph Ayo Babalola University while on her way back to Ondo from Lagos State.

Also Read: Unknown Gunmen Kill Ondo Traditional Ruler, Olufon Of Ifon

The police spokesman in the state, ASP Tee-Leo Ikoro, confirmed the news to Channels Television on Friday.

This development is coming about twenty-four hours after a first-class traditional ruler in Ondo State, the Olufon of Ifon in Ose local government, Oba Isreal Adeusi, was murdered by suspected kidnappers.

 

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Tech News

TECNO Stormed Computer Village with BBNaija’s OZO to Wrap up its Black Friday Sales Activities

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The month of November is always known for its intense sales activities because the best deals of the year come
during the Black Friday Period. For TECNO, Africa Number One mobile brand, it was the time to reward its
customers with massive discounts and various gift items while also unveiling some of its new devices.

The brand in collaboration with SLOT stormed computer village as part of the events to wrap up its black Friday
sale activities, hosted BBNaija’s Ozoemena Chukwu to a hangout at SLOT Ikeja.

Fans and customers had a fun time interacting with the handsome celebrity while enjoying discount offers on
TECNO devices. Different deals and gift items were up for grabs as customers who made purchases at the store
enjoyed 50% discounts on Spark 5, Camon 16 Series and 100% cashback on the Spark 5 Pro.

The major highlight of the event was the presentation prizes to lucky winners. Customers who participated in
the spin the wheel game won gifts items such as Bluetooth Speaker; Power Bank and kettle while those who
participated in the Scratch and Win Promo won for themselves different deals ranging from 50% to 100%
cashback.

TECNO also introduced two latest devices-the Spark GO 2020-powered by Google Android 10 Go Edition and a
TECNO POVA. POVA means ‘Powering Optimal Value and Ambitions’ is a rebrand of the popular battery series
formerly known as Pouvoir was inspired by the zeal to deliver budget-friendly smartphones with superior
gaming experience.

The first of its kind 6.8-inch TECNO POVA, is powered by Mediatek Helio G80 octa-core processor and hyper-
engine game technology that transforms gameplay experience giving ultimate stability and a high refresh rate.
Additionally, users will benefit from the “Game Space,” “Game Mode,” and “Game Assistant 2.0” features,
allowing them to switch to the “do not disturb” function, a much-anticipated experience all gamers will
absolutely enjoy.

The TECNO POVA is also equipped with a power-packed multitasking effect ramped up by 6GB RAM and 128GB
of internal memory. The device also has a 6000mAh super big battery, 18W Dual IC Flash charger, a standby
time of 30 days and the ability to play music for 8 days straight, on just a single charge. It’s the perfect
smartphone offering a way to worry less about low battery.

The new devices are available for purchase this November and for the rest of November, customers will enjoy
amazing discounts, instant and mega prizes on TECNO devices.

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Metro News

BREAKING: Court Jails Rep Member For Lying

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BREAKING: Court Jails Rep Member For Lying

Court

A member of the House of Representatives, Victor Mela has been sentenced to one-month imprisonment by a Magistrate Court in Wuse, Zone 6.

The lawmaker who represents Billiri/Balanga federal constituency was, however, given an option of fine.

Also Read: North Is The Worst Place To Live In Nigeria -Sultan of Sokoto

Recall that on November 10 that a magistrate court found the lawmaker guilty of lying under oath while filling the CD001 INEC form prior to the 2019 elections.

The magistrate had, however, set a different date for sentencing of the lawmaker after his lawyer pleaded for leniency.

Mr Mela swore to an affidavit thrice, denying citizenship of another country whereas he has a British passport.

 

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