The House of Representatives was compelled to dissolve the existing ad hoc Joint Downstream and Midstream Committee due to a conflict of interest among members.
The joint committee’s first focus was on looking into important energy security concerns such as the importation of tainted petroleum products and the lack of crude oil available for domestic refineries.
However, the House leadership determined that an ad hoc committee with the same purpose would replace the committee after the legislators chose to wage a public battle to safeguard their interests.
Recently, Philip Agbese, the Deputy Spokesperson of the House, requested that President Bola Tinubu immediately remove Mele Kyar, the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd. (NNPCL), and Farouk Ahmed, the Chief Executive of the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), from their positions. Their claims were that the oil sector crisis was impeding the growth of the economy.
Also, NNPCL was instructed to stop mortgage future crude oil for loans from foreign creditors by the Special Joint Committee of the House, which was chaired by Ikenga Ugochinyere, last Wednesday. This is while the ongoing forensic audit of different transactions is being completed.
However, 50 House of Representatives members objected, calling the request for Kyari and Ahmed’s dismissal “premature.”
Also Read:
Protest: Gov Sani imposes 24 hours curfew on Kaduna, Zaria
BREAKING: EndBadGovernance: Tinubu bows to pressure, to address Nigerians Sunday
Protest: Prophet Olujobi tells Tinubu to tackle hardship before it’s too late
cc: Daily Post Ng
