The House of Representatives on Wednesday mandated its Committees on Petroleum Resources, Upstream, and Downstream, to investigate the lingering crisis in the supply petroleum products in the country.
This followed a motion moved by Rep. Omoregie Ogbeide-Ihama (PDP-Edo) which was unanimously adopted.
Ogbeide-Ihama said that Nigerians were experiencing difficulties because of persistent problems confronting the oil and gas sector.
“This is responsible for the dependence on imported products, hence the regular fuel crisis in the country which is causing untold hardship to Nigerians,” the lawmaker said.
According to him, the Kaduna, Port Harcourt and Warri refining and petrochemical companies were reported by the Nigerian National Petroleum Corporation (NNPC) to have incurred debts amounting to about N120.07 billion in August and September.
“While their revenue in August was N146.617billion, their expenditure was N207.287 billion; in September, the revenue generated by the refineries was N112.514 billion and expenditure was pegged at N171.914 billion,” he said, lamenting that despite the debts incurred by the refineries, “the capacity utilisation of Warri and Kaduna refineries in September was said to be zero percent as both plants did not process crude in that month.
“The Port Harcourt Refining Company was reported to have produced at 4.15 per cent capacity which is a far cry from its installed capacity,” he said.
Also contributing, Rep. Nnamdi Agbo (PDP-Enugu) called on the Federal Government to deregulate the oil and gas sector, while Rep. Sergius Oseasochie (APC-Edo) advocated that the refineries should be handed over to competent and reliable companies to handle on behalf of the government.
Majority Leader of the House, Femi Gbajabiamila (APC-Lagos), on his part, said it was unfortunate that nobody had explained why the refineries had failed to function.
He also cautioned against the removal of oil subsidy now, as it would affect living condition of Nigerians.
“Let us first develop the political will to fix the refineries, then, we can begin to talk about the removal of subsidy. “If you remove the subsidy now, it will skyrocket the cost of living for the common man,” he said.
Youths Burn Down Sanwo-Olu’s Mother’s House In Lagos (VIDEO)
Lagos youths have set the family house of Governor Babajide Sanwo-Olu on fire.
This was after the Governor said that no nobody was killed during the shooting by soldiers at Lekki Toll Gate on Tuesday night.
Sanwo-Olu had debunked claims that the soldiers opened fire and killed some peaceful protesters.
Recall that men of the Nigerian Army reportedly opened fire on protesters following the declaration of 24 hours curfew by the Lagos State Governor, Babajide Sanwolu.
Bullets fired by security operatives hit some persons and at least two persons have been confirmed killed by the police and many injured
Voices in viral footage blamed the shootings on soldiers.
However, the angry youth attacked several important places such as Nigeria Port Authority, TVC News, and the family house of the Governor where his mother resides.
After Governor @jidesanwoolu said the "soldiers shot in the air to disperse the peaceful protesters." And thar their's no fatalities
Lagos youths set Governor's Mother's House on FIRE!! #PRAYFORNIGERIA#EndSARS #Lekkitollgate #LekkiGenocide #EndPoliceBrutalityinNigeraNOW pic.twitter.com/QaOvSHwXdk
— Nwachukwu John Owen (@johnowen99) October 21, 2020
#LekkiMassacre: Hoodlums Storm TVC Station In Lagos; Set Properties On Fire (Video)
Hoodlums have reportedly invaded the headquarters of popular news station, TVC, believed to be owned by National Leader of APC, Bola Tinubu.
According to reports, the staff of the news station are being trapped in the building located in Lagos.
The moment Morayo and Co decided to leave the station after it had been taken over by hoodlums.
— My Opinion (@Diji_O) October 21, 2020
Videos circulating online shows that properties in the compound have also been set ablaze.
The news station is currently off air and this comes hours after Nigerians accused the Lagos politician of having a hand in the #LekkiMassacre.
Information Nigeria recalls security agents had opened fire at peaceful #EndSARS protesters at Lekki Tollgate on Tuesday.
In a video circulating online, the anchors of one of the shows, ‘Your View’ were heard saying that there were hoodlums at their gate trying to break into the premises.
Watch the video clips below:
— Itz CakeByTolex (@tolulope_salako) October 21, 2020
— POSTNAIJA (@POSTNAIJA) October 21, 2020
— Angry mob attacks TVC , set the station on fire.. pic.twitter.com/xEDpLeWkpW
— VyrãlTreñdz (@TheVyralTrendz) October 21, 2020
‘Hoodlums’ have reportedly invaded news station, TVC and are attacking their people. pic.twitter.com/h90bWoL37o
— Pulse Nigeria (@PulseNigeria247) October 21, 2020
Several Injured As Thugs Attack #EndSARS Protesters, Governor Oyetola In Osun
Some of the vehicles in the Governor’s convoy were also destroyed by the thugs but the Governor himself was evacuated to safety by his security team.
As the convoy was leaving the protest venue, some of the youths continued to stone his vehicles.
While the protest was disrupted, Governor Oyetola assured the injured victims that the government would be responsible for their medical bills.
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