The Chairman of the House of Representatives special adhoc committee on fuel consumption, Uzoma Nkem Abonta has said the amount of fuel consumed in parts of the country will determine whether or not to remove subsidy.
Abonta spoke
when the committee visited Cross River State to compare data on how much fuel
has been consumed with the subsidy paid by the federal government.
The committee took time to visit at least seven fuel depots in Calabar and environs, comparing data month by month and year by year.
According to
Abonta, they also came to find out the quantity of petroleum products consumed
in the state.
The Rep member
said without knowing the volumes of fuel consumption in the country it will be
difficult to take a decision.
Abonta said the
House would be in a better position to properly place the issue of subsidy at the
end of their tour.
He also said
that subsidy has bedevilled the country for a while adding that it is difficult
to calculate fuel subsidy
“The overall
essence of our visit to is to carry out a comparative and competitive data from
all depot’s month on month, year on year, placing them side by side with the
subsidy paid by the federal government.
“We want to
ascertain the volumes of products being consumed daily in the state so that the
House can use it as an indicator to analyze other related issues.”
Abonta explained
that in recent times, the Nigerian Customs have arrested several tankers and
drivers trying to cross the borders, adding that if what the customs have said
is true, then it means the claims are true.
They also
visited seven private oil depots in Calabar
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