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House Of Reps To Probe Missing Crude, Dirty Fuel
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Published on 22/07/2024

The Joint Committee of the House of Representatives carrying out a forensic investigation into the challenges affecting the downstream and midstream petroleum sectors has commenced a probe into allegations of importation of contaminated Premium Motor Spirit, also known as fuel, into the country.

 

The committee’s Chairman, Hon. Ikenga Ugochinyere made known at the formal inauguration of the panel in Abuja on Monday.

 

Addressing newsmen, Hon. Ugochinyere said the investigative panel will also look into allegations of the non-availability of crude oil to domestic refineries, disruption in distribution and favouritism in the pro forma invoice regime, among others.

 

He noted that the panel would also probe the possible influx of contaminated products into the country and “the allegation of non-domestication of profits realised from crude marketing sales in local banks, abuse of the PFI regime and importation of products already being produced in Nigeria.”

 

The panel will visit petrol stations nationwide to take samples of their product for laboratory tests to ascertain their quality.

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