• Contact Us
  • About Us
Thursday, July 9, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Reps Summon Sylva, Kyari, Others Over Fuel Consumption Probe

metro by metro
July 5, 2022
in News, Top News
0
0
SHARES
0
VIEWS

The House of Representatives has summoned the Minister of State for Petroleum, Timipre Sylva, and the Group Managing Director of the Nigerian National Petroleum Company Ltd, Mele Kyari.

Channels Television gathered that the House Committee on Fuel Consumption is summoning the officials for being absent at the public hearing of the committee.

Read Also

Senate Committee To Vote On Bill To Tighten US Ban On Chinese Vehicles

US judge Approves Elon Musk Settlement With SEC Despite Misgivings, ‘Red Flags’

NBA Defends Role In State Police Committee, Says Public Fears Must Be Addressed

Also to appear before the lawmakers are the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, the Managing Director of the Pipelines Products Marketing Company (PPMC), Mallam Isiyaku Abdullahi as well as the Permanent Secretary in the Ministry of Petroleum Resources.

The Deputy Majority Leader of the House, Peter Akpatason, represented the Speaker, Femi Gbajabiamila, at the hearing.

He said the committee members were disappointed that such critical stakeholders would choose to be absent, considering how important it is to ascertain the daily consumption to see if it corresponds with the subsidy payments.

The Speaker also expressed his worry that their absence could be seen as an attempt to frustrate the investigation.

Meanwhile, the Federal Government has explained why it cannot remove subsidies on the Premium Motor Spirit (PMS), popularly called petrol, at this time.
ALSO READ:DMO Lists N250Bn Sukuk On Nigerian Exchange Limited
Minister of Communication and Culture, Lai Mohammed, who spoke during an exclusive interview to Reuters in London, said many other nations were introducing measures to help citizens cope with high oil energy prices, hence Africa’s most populous country could not be an exception.

Nigeria is Africa’s largest oil exporter but still has to import almost all its fuel needs due to a lack of refining capacity. The Federal Government shelved plans to abolish fuel subsidies earlier this year, a move that raised concerns with the International Monetary Fund (IMF).

Previous Post

DMO Lists N250Bn Sukuk On Nigerian Exchange Limited

Next Post

The new business balancing act has leaders walking a tightrope 

Related Posts

US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

Senate Committee To Vote On Bill To Tighten US Ban On Chinese Vehicles

July 9, 2026
US judge Approves Elon Musk Settlement With SEC Despite Misgivings, ‘Red Flags’
News

US judge Approves Elon Musk Settlement With SEC Despite Misgivings, ‘Red Flags’

July 9, 2026
Status Quo Ante Bellum: Courts Should Avoid Using Such Phrases, Make Clear Orders — Osigwe
News

NBA Defends Role In State Police Committee, Says Public Fears Must Be Addressed

July 9, 2026
Senate Insists On, No Garbage In, Garbage Out, Denies Snubbing Reps Bills, As Tension Persists 
News

Reps Launch PFIPC Probe, Senate Waits For ICPC Amid Trust Concerns

July 9, 2026
Next Post

The new business balancing act has leaders walking a tightrope 

Egypt File Complaint Against Referee After Controversial World Cup Exit

Egypt File Complaint Against Referee After Controversial World Cup Exit

July 9, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

Senate Committee To Vote On Bill To Tighten US Ban On Chinese Vehicles

July 9, 2026
US judge Approves Elon Musk Settlement With SEC Despite Misgivings, ‘Red Flags’

US judge Approves Elon Musk Settlement With SEC Despite Misgivings, ‘Red Flags’

July 9, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version