News
Oil Subsidy: Senate Approves N161.6bn Request
The Senate yesterday, passed the
supplementary appropriation bill of N161.6 billion, as payment for fuel subsidy
to oil marketers for 2012.
President Goodluck Jonathan had on Tuesday
sent a request to the National Assembly to approve the sum of N161.6 billion to
ensure steady supply of petroleum products during the festive season.
Senate President, Senator David Mark,
however, decried the high level of corruption being perpetrated under the fuel
subsidy scheme.
He urged the Federal Government to stop the
fuel subsidy if it was unable to stop the high level of corruption being
perpetrated under the scheme.
“It is not a secret anymore that there is so
much corruption in the fuel subsidy industry in whatever system they are
adopting. “The nation must make a decision now, whether to continue this or to
stop it. “The nation must make that decision sooner than later because we
cannot carry on this way. “If they can’t eliminate and stop the corruption in
the system, then, the other alternative will be to stop the whole exercise of
the fuel subsidy. “We must take the one that is easier and the one that will
bring less pain to Nigerians,” he said.
Mark commended the lawmakers for supporting
the quick passage of the supplementary appropriation, in the interest of the
masses.
He said the proposal should have been
forwarded in good time to alleviate the suffering of Nigerians.
“They should have anticipated that there was
going to be a shortfall when they first made this presentation at the beginning
of the year.
“That did not happen. We are now shouldered
with the responsibility of this additional approval.
“We have done so in the best interest of this
country,” Mark added.
The approval followed a motion by the Senate
Deputy Leader, Senator Abdul Ningi that the supplementary budget be given
accelerated passage “in view of the emergency nature of the bill”.
All the Senators expressed support for the
passage of the bill saying that it would alleviate the suffering of Nigerians,
ensure peace and stability of the nation.
Senator Smart Adeyemi faulted the national
economic team for the delay in the presentation of its request for additional
funds.
He, however, said: “As representatives of the
people, we have to support this request because it would improve the wellbeing
of the masses.”
In his contribution, Senator Ayogu Eze
(PDP-Enugu), hailed the Federal Government for acknowledging that there was
large scale corruption in the subsidy scheme.
He urged Nigerians to support the
government’s effort to address the graft in the oil subsidy regime, adding,
“It’s a challenge for Nigerians to decide whether to allow few individuals to
continue to feed fat on our commonwealth or to stop this process that
encourages corruption.”
Senator Ahmed Lawan (ANPP- Yobe), urged the
Senate to henceforth scrutinise government expenditure before the considering
requests for supplementary appropriation.
“We need to be very thorough and insist on
getting relevant information in good time before we do supplementary budgets.
“They talk about forensic audit but we have not seen the report. There is no
evidence to show that we require N161.6 billion. “I support the passage of this
bill for the sake of my people,” he said.
Senator Gbenga Ashafa (ACN- Lagos), appealed
to the Senate Committee on Petroleum (Downstream), to conclude investigation
into the management of the fuel subsidy.
“While I support this passage, I want this
Senate to ensure that investigation into the fuel subsidy is completed because
Nigerians need to know,” Ashafa stressed.
Senator Nkechi Nwaogu (PDP-Abia), blamed the
opposition political parties for protesting against government’s move to
totally remove the oil subsidy.
According to her, the corruption being
witnessed in the subsidy would have been nipped in the bud if the people have
supported the attempt to scrap the subsidy.
“It’s not the fault of the President, or is
it the fault of PDP but it’s the fault of the opposition parties which would
not allow the total removal of fuel subsidy.”
Nigerians were among more than 140 residents injured after Iran launched multiple ballistic missiles and unmanned aerial vehicles at the United Arab Emirates, at the weekend.
This raised fresh fears for thousands of Nigerians living and working in the Gulf nation.
The UAE Ministry of Defence disclosed last Saturday that its air defence systems intercepted several missiles and drones fired from Iran, describing the attack as a major escalation in the ongoing regional tensions.
In a statement posted on its official X handle, the ministry said its air defence units engaged nine ballistic missiles and 33 drones during the latest assault on March 14.
It added that the attacks left six people dead and 141 others injured, including foreign nationals.
“The UAE air defence systems on March 14 engaged nine ballistic missiles and 33 UAVs launched from Iran,” the ministry stated.
“Since the onset of this blatant Iranian aggression, UAE air defences have engaged 294 ballistic missiles, 15 cruise missiles, and 1,600 UAVs launched from Iran,” UAE added.
According to the ministry, those killed in the attacks included citizens of the UAE as well as foreign nationals from Pakistan, Nepal and Bangladesh.
“Although the authorities did not specify the exact locations where the casualties occurred, the ministry said the injured victims were from several countries, including Nigeria.
Others affected include residents from Egypt, Sudan, Ethiopia, the Philippines, Pakistan, Iran, India, Bangladesh and Sri Lanka.
The list also included Azerbaijan, Yemen, Uganda, Eritrea, Lebanon, Afghanistan, Bahrain, Comoros, Türkiye, Iraq, Nepal, Oman, Jordan, Palestine, Ghana, Indonesia and Sweden.
The Tide reports that this development has sparked concern among Nigerian communities in the UAE, where thousands of citizens live and work in sectors such as construction, hospitality, logistics and trade.
Data from Nigeria’s diaspora commission shows that the UAE remains one of the largest destinations for Nigerian migrants in the Middle East, particularly in the emirates of Dubai, Abu Dhabi and Sharjah.
The Nigerian government had in recent years raised concerns over the safety and welfare of its citizens in the country following diplomatic tensions and visa restrictions affecting Nigerians.
Saturday’s attacks have now heightened anxieties within the diaspora community, especially as the Gulf region faces growing military confrontations.
In its statement, the UAE Ministry of Defence said the country remained fully prepared to confront any threats to its security.
“The Ministry of Defence remains fully prepared and ready to deal with any threats and will firmly confront any attempts to undermine state security in a manner that ensures the protection of its sovereignty, security and stability, and safeguards its national interests and capabilities,” the ministry said.
In a separate update, the ministry noted that its defence systems were still actively intercepting missiles and drones.
“UAE air defences are dealing with Iranian ballistic and cruise missiles and drones,” it said.
Regional media reports indicate that the attacks form part of a wider escalation of hostilities between Iran and Western-backed forces in the Middle East.
According to Al Jazeera, Iran has continued sustained missile and drone strikes across the Gulf despite protests from neighbouring states.
The strikes were said to be in retaliation for military operations launched by the United States and Israel against Iranian positions in the region.
Tehran targeted several Gulf countries, including Saudi Arabia, Qatar and the UAE, late on Friday and into Saturday.
The attacks also caused infrastructural damage in parts of the UAE.
Meanwhile, Iran’s elite military wing, the Islamic Revolutionary Guard Corps, warned that US interests in the UAE would remain legitimate targets.
Iranian state media reported that the group issued the warning after US forces attacked Iranian-controlled islands.
The IRGC specifically mentioned ports, docks and military installations linked to the United States as potential targets.
It also urged residents in the UAE to evacuate areas around ports and military facilities to avoid civilian casualties.
Security analysts say the growing exchange of threats and strike across the Gulf could destabilise the region’s economic and aviation activities if the conflict escalates further.
Nigeria’s Ministry of Foreign Affairs has yet to issue an official statement on the incident as of the time of filing this report.
Rivers State Governor, Sir Siminalayi Fubara, has charged the five new commissioners sworn-in last Wednesday to put in their best for the development of the State.
Fubara gave the charge during the swearing-in of the commissioners at the Executive Council Chambers of the Government House, Port Harcourt, last Wednesday.
This followed the successful screening of the five commissioners by the Rivers State House of Assembly, last Tuesday.
The five commissioners are Tonye Bellgam, Prof. Temple Nwofor, Dr. Peters Nwagor, Mr. Lekue Kenneth, and Sir Amairigha Edward Hart.
The Tide reports that the governor had sent nine commissioner-nominees to the Assembly for screening, but the Assembly confirmed only five nominees and rejected the nomination of four over various allegations.
Those rejected by the Assembly are Prof. Dantonye Alasia, Mrs. Charity Demua, Mr. Tamuno Williams, and Otonye Amachree.
The governor congratulated the new commissioners on their appointment, noting that their thorough screening by the Rivers State House of Assembly was a proof of their capabilities.
He urged them to deploy their wealth of experience in various fields and put the State on a fast lane of development.
“Ordinarily, I am supposed to charge you on your responsibilities and how to operate. But that has been taken care of by the screening at the Assembly.
“I believe that going through one of the most rigorous screenings, it is enough to say that for those of you who succeeded, you are fit and ready to deliver to our dear State.
“So there is no further charge. The screening was the charge, so I wish you the best as I don’t expect anything less than the best from you,” Fubara said.
The Nigerian Navy has intensified its crackdown on crude oil theft and illegal bunkering, destroying a reactivated illegal refinery site in Rivers State and intercepting suspected stolen petroleum products in Calabar, Cross River State.
The Director of Naval Information, Capt Abiodun Folorunsho, disclosed this in a statement released in Abuja, yesterday.
Folorunsho said personnel of the Nigerian Navy Ship SOROH, operating under Operation DELTA SENTINEL, destroyed a reactivated illegal refinery site at Okolomade Community in Abua-Odual Local Government Area of Rivers State.
He said the action followed credible intelligence that a previously dismantled illegal refining site had resumed operations.
According to him, an Anti–Crude Oil Theft team deployed to the location discovered that the dismantled refining oven had been reconstructed.
“Further exploitation of the area led to the discovery of additional refining equipment and storage facilities containing about 3,000 litres of product suspected to be illegally refined Automotive Gas Oil (AGO),” he said.
Folorunsho added that the illegal refining infrastructure, including ovens, storage tanks, hoses, connected pipes and newly acquired metal components used for illegal refining, was destroyed in line with operational procedures.
He said personnel of the Nigerian Navy Ship Victory, in another operation, intercepted about 3,950 litres of suspected stolen petroleum products at the Nigerian Ports Authority area in Calabar, Cross River State.
He said the interception was based on credible intelligence on suspected siphoning of petroleum products from vessels berthed at the port.
The naval patrol team, according to him, swiftly deployed to the area and traced the illegally siphoned products to a trailer park within the port facility.
“On sighting the naval patrol team, the suspected perpetrators fled the scene, after which the area was cordoned off and the illegally siphoned products secured,” he said.
Folorunsho said further inspection led to the recovery of about 3,950 litres of Automotive Gas Oil stored in drums and jerrycans, which had been evacuated to the naval base for further necessary action in line with extant regulations.
He noted that the successes aligned with the directive of the Chief of the Naval Staff, Vice Adm. Idi Abbas, to intensify operations against crude oil theft and other maritime crimes across Nigeria’s maritime domain.
Folorunsho reiterated the Navy’s commitment to sustaining the operational tempo of Operation DELTA SENTINEL through intensified surveillance, patrols and intelligence-driven operations aimed at combating crude oil theft, illegal bunkering and other forms of economic sabotage.