NewStats: 3,262,619 , 8,177,703 topics. Date: Tuesday, 03 June 2025 at 04:26 AM 736o1r

John Ameh, Abuja

of the House of Representatives said on Monday that the current pricing template set for motor spirit by the Petroleum Products Price Regulatory Agency is “fraudulent.”

They insisted that PMS, otherwise known as petrol, should not have cost Nigerians more than N70 per litre.

Lawmakers noted that if unnecessary charges built in by government regulatory agencies were removed, the price of the product would have been below the current post-subsidy N145 per litre.

The revelations came in Abuja as an ad hoc committee of the House on the Review of Pump Price of Petrol opened a public hearing at the National Assembly in Abuja.

The committee, which is chaired by a member from Imo State, Mr. Nnana Igbokwe, grilled PPPRA, Nigerian Ports Authority, Nigerian Customs Service officials and other industry players, including marketers.

For example, lawmakers established that the 30k built into the template by PPPRA as “istrative charge”, was needless because the National Assembly also approved a separate budget for the same purpose.

Igbokwe tendered a copy of the 2016 budget as evidence, wherein the sum of N1.3billion was approved for PPPRA to cover the cost of hiring six cargo inspectors.

“In the 2017 budget, which is before us, PPPRA has a proposal of another N500million for regulation, monitoring and supply of petrol.

“This budgetary provisions have already taken care of the purpose for which you charge 30k on the template, yet Nigerians continue to bear the burden by paying N145 per litre”, Igbokwe added.

The committee also queried the rationale of the 84k built into the template as port charge paid to the Nigerian Ports Authority.

Lawmakers stated that while the money was meant to provide ports services, including dredging to accommodate larger vessels, the services were never provided.

“This has left Nigerians in a situation whereby they still pay for lightering services for smaller vessels that go to Cotonou or Lome to offload products from mother vessels.

“PPPRA will then add the cost to the pump price and ask Nigerians to pay”, Igbokwe added.

There was a mild drama at the hearing when the Abuja Liaison Officer of the NPA, Mr. Okon Ephraim, told the committee that the NPA did not know how PPPRA arrived at the 84k due to his agency.

Ehpraim’s submission angered lawmakers. They immediately summoned the Managing Director of the NPA, Ms. Hadiza Bala-Usman, to appear at the next sitting of the .

http://punchng.com/reps-fault-n145-fuel-pump-price-accuses-ppra-of-fraud/

Have you seen omenka

okay

na wao

APC govt itself is fraud.

gentlepraise:
APC govt itself is fraud.

and PDP is?

ok

sai Buhari

gentlepraise:
APC govt itself is fraud.

see them

I stand with Rep on this

hmmm

angels09:
sai Buhari

After una don milk Nigerians finish una won dey pretend.
Modify,
Another padded budget.

comshots:
After una don milk Nigerians finish una won dey pretend.

i tell you.

All politician are the same

gentlepraise:
APC govt itself is fraud.

Ehen!! These are the arguments we ought 2 be having on our upper nd lower chambers, not "where jammeh will stay after stepping down"....nonsense! Wetin concern agbero wit overload?? Dat yoruba senator dat sponsored dat "jammeh" bill needs 2 be tied 2 a horse and dragged from NASS 2 eagle square!

gentlepraise:
APC govt itself is fraud.

if this nass dey handle issues like this, i sure sey people no go dey reason their matter.
kudos.
make those civil servants thieves come explain this.

Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki the Zombie!!!!!!!!.Jump down with your last data and defend your Hero.You will continue to buy fuel at N145 and suffer.

Hmmm

Pontaboki:
Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki the Zombie!!!!!!!!.Jump down with your last data and defend your Hero.You will continue to buy fuel at N145 and suffer.

Bubu at it again oooo

OsusuMustFlow:


and PDP is?

Bird of same feather flocking together

OsusuMustFlow:


and PDP is?

father to fraud

DONSMITH123:


i tell you.

All politician are the same

Wen I talk am some pipo say I dey pdp

asuustrike2009:

Bird of same feather flocking together

Pontaboki:
Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki,Sarrki the Zombie!!!!!!!!.Jump down with your last data and defend your Hero.You will continue to buy fuel at N145 and suffer.

Looool Mr Patriotic Nigerian Sarrki is waddling over shortly.

asuustrike2009:

Wen I talk am some pipo say I dey pdp

thats naija for you my guy

Hm... Anything possible for Nigeria