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Senate Sets Up 13-man Panel to Investigate Crude Oil Theft, Approves N4trn Subsidy

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By Derrick Bangura

Following public outrage against the massive stealing of Nigeria’s crude oil, which had seen the country lose huge earnings as well as hobbled its ability to meet the quota allocated by the Organisation of Petroleum Exporting Countries (OPEC), the President of the Senate, Ahmad Lawan, on Thursday constituted a 13-member Adhoc Committee to investigate oil theft in Nigeria and its impact on petroleum production and oil revenues.

The composition of the panel was announced on the floor at plenary. Lawan named Senator Bassey Albert Akpan as Chairman of the Committee.
Other members on the panel include Senators Yusuf A. Yusuf, Solomon Olamilekan Adeola, Kabiru Gaya, Mohammed Adamu Aliero, George Thompson Sekibo and Gabriel Suswam.
The panel also included Senators Kashim Shettima, Aliyu Sabi Abdullahi, Ali Ndume, Stella Oduah, Sani Musa and Ibrahim Gobir.
The adhoc committee was given one month to conclude work on investigations and report back to the chamber in plenary.
Also yesterday, the Senate approved a revised budget of N17,319,704,091,019 trillion for the 2022 fiscal year.
Also, the Senate approved the total sum of N4 trillion for petrol subsidy in 2022. The figure represented the amount contained in two separate requests by the President to the National Assembly for approval.
The president, had in a letter to the legislature dated 10th February, 2022, sought an additional N2.557 trillion to fund subsidy payments from July to December, 2022.
He had disclosed that 138 of the 254 projects in the budget totalling N13.24 billion had been identified for deletion.

The National Assembly in December, 2021, had approved the sum of N442.7 billion for subsidy in the 2022 budget for the period of January to June this year.
Buhari, however, anchored his fresh request on the fact that petrol subsidy was not duly appropriated for in the national budget beyond June.
According to him, the development was as a result of the provisions of the Petroleum Industry Act which stops all such payments past the given June deadline.
In another letter dated 12th April, 2022, Buhari had requested the National Assembly to approve an additional N1 trillion to his earlier N2.557 subsidy request to bring the total amount on payments to N4 trillion for the year 2022.

The approval came with the passage of a bill to amend the 2022 Appropriations Act transmitted to the National Assembly on 10th February, 2022, by President Muhammadu Buhari for consideration.
The Senate in December, 2021, had passed a budget of N17,126,873,917,692 trillion.
The revised sum of N17.3 trillion in contrast with the 2022 budget of N17.13 trillion passed last year, represented a N193 billion increase.
The passage of the Appropriations Act, 2022 (Amendment) Bill, followed the consideration of a report by the Committee on Appropriations.
The figure represented an increase of N192.5 billion from the N17.1 trillion approved and assented to last December.

The passage followed the consideration of a report by the Appropriation Committee on the 2022 Appropriations Bill in both chambers.
The nation’s parliament increased its annual budget by N12 billion. It was N139 billion in the 2022 budget but has now increased to N153 billion in the revised version, approved yesterday.
A critical analysis of the revised budget showed that there was no increment in the capital vote of N5.415 trillion

The increment affected only the recurrent expenditure. Out of the total sum of N17,319,704,091,019 trillion passed, N817,699,410,210 billion is for Statutory Transfers; N3,978,087,110,437 trillion for Debt Service; N7,108,621,131,849 trillion for Recurrent (Non-Debt Expenditure); and N5,415,296,438,523 trillion for Contribution to the Development Fund for Capital Expenditure.
He explained that the additional request was against the backdrop of adjustments to the 2022 fiscal framework which became imperative due to market developments occasioned by the spike in crude prices, following the Russian-Ukrainian war.
The chamber, accordingly, approved the President’s request for additional N3.557 trillion for PMS subsidy with the passage of the 2022 Appropriations Act (Amendment) Bill, Thursday.
It also approved N192.52 billion aggregate increase sought by the executive, and an additional provision of N182.45 billion to cater for the needs of the Nigerian Police Force to enhance their morale.
The Senate, after passing the 2022 Appropriations Act (Amendment) Bill, adjourned till the 26th of April, 2021
The Senate had before the approval, considered the report of its Committee on Finance on the Medium Term Expenditure and Fiscal Strategy Paper, laid by the Chairman, Senator Olamilekan Adeola.
The red chamber, in the MTEF/FSP approved oil benchmark $73 per barrel as proposed by President Muhammadu Buhari.
It also approved oil production volume of 1.600m per day.
The chamber gave its nod for an additional provision of N182.4 billion to cater for the needs of the Nigeria Police Force.
It approved debt service provision of N76.13 billion, and net reductions in Statutory Transfers by N66.07 billion.

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Crime

2 ladies docked for allegedly obtaining money by fraud

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The police in Lagos have dragged two women, Mmesuma Ofunna, and Blessing Adimekwe, before an Ojo Magistrates’ Court in Lagos, over alleged obtaining money by false pretence.

Ofunna, 22, and Adimekwe, 25, were arraigned before the Magistrate, Mr L K J Layeni, on a four-count charge bordering on conspiracy, obtaining by false pretence, stealing and conduct likely to breach peace.

They each, however, pleaded not guilty to the charge.

The prosecutor, ASP Simon Uche, told the court that the defendants conspired with others now at large, to commit the offence on Oct. 26 at the Okokomaiko area of Ojo.

He alleged that they had obtained the sum of N70, 000 from one Faith Ahamefule, with a promise not to post her nude photo on social media.

The prosecutor alleged that the defendants later posted the nude photo of the nominal complainant on social media, knowing that their promise was false.

He alleged that they stole the N70, 0000, thereby conducting themselves in a manner likely to breach public peace.

The offence contravenes the provisions of sections 168(d), 287, 314, and 411 of the Criminal Law of Lagos State 2015.

The court granted the defendants bails in the sum of N500, 000 each, with two sureties each in like sum.

He adjourned the case until Jan. 8, 2025 for mention.

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Crime

Mechanic jailed 15 months for pickpocketing passengers

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A Jos Magistrates’ Court on Monday, sentenced a 26-year-old Mechanic, Sadiq Umar to 15 months imprisonment for pickpocketing from passengers.

The Magistrate, Shawomi Bokkos, summarily tried and sentenced the convict after he pleaded guilty to the charge.

Bokkos in his judgment, ordered the convict to pay an option of N100, 000 fine or spend one year in prison.

He also asked him to pay a compensation of N15, 000 or an additional three months in prison in default.

Earlier, the Prosecutor, Insp Ijuptil Thiawur, told the court that the case was reported on Nov.16, at the “A” Division Police station by Moses Pam, Alexander Bakshak and Simon Justice the complaints.

Thiawur said that the convict attempted to steal from them before he was caught in the act and when the driver stopped the vehicle to search him he fled but was caught.

The Police said that the offence contravened the Plateau Penal Code Law.

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Crime

Police detain 2 suspected fraudsters, reject N66m bribe in Lagos

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Police rescue 14 passengers from bandits in Jibia

The Zone-2 Police Command in Lagos says it has detained two suspected international fraudsters that allegedly specialised in forging foreign certificates in Lagos and Ghana.

The AIG in charge of the zone, Adegoke Fayaode, confirmed this to the News Agency of Nigeria (NAN) on Monday.

Fayoade said that the suspects allegedly offered N66m to the operatives with a view to free them but the offer was turned down.

NAN reports that the same zone operatives rejected a N174m bribe offered by a suspect in November to set him free.

Fayoade said that the suspects simply identified as Elvis, 23 and Kelly, 24, allegedly specialised in forging certificates of different nations and African Universities and defrauding their unsuspecting victims on the internet.

He said that the suspects have succeeded in acquiring exotic cars and erecting mansions in different parts of the country with the proceeds of their loot.

The AIG pointed out that luck ran out of the suspects after detectives at the Anti-Corruption Unit of the Zone received credible information from Nigerians in diaspora concerning some group of boys that specialised in forging foreign certificates.

According to him, on getting the information, he detailed the anti-corruption unit to investigate it and arrest the suspects without delay.

Fayoade said that based on his directives, the detectives stormed Murtala Muhammed International Airport, Ikeja, Lagos waiting for the arrival of the suspects, whom they trailed to a five star hotel at Osapa-London in Lekki Area.

He said that the operatives arrested the suspects at a bus stop while they were about to escape secretly from the hotel, after monitoring their activities.

“Searching their luggage, one certificate of Blue Crest College, Ghana, belonging to Elvis and a student identity card of Academic City College belonging to Kelly were recovered.

“Further search revealed a transcript of an academic record from Blue Crest University belonging to Elvis.

“A letter of English proficiency from the said college and a letter of recommendation from the same Blue Crest College were recovered,” he said.

The AIG said that the suspects made useful statements to the police and confessed that they never got any admission into the school, stressing that they only procured the degree certificates through the help of a female Nigerian resident in Ghana.

“The suspects further confessed that the major aim of doing that is to enable them to get Ghana resident permit, which they got.

“The resident permit is showing them also as a student of Academic City University and that none of them has ever been admitted in the school.

“They claimed they paid a total of 26,000 Ghana Cedis for all the documents procured.

“They confessed that they procured all the documents to evade arrest in Ghana since they don’t have any means of livelihood.

Whenever police intercepted them, they showed their passports that they were students in Ghana.”

Fayoade said that the suspects were also allegedly involved in online romance scam, provision of foreign bank accounts for fraudulent transactions on the internet through what they call ‘Facebook bombing’.

He said the suspects presented themselves as an American soldier by name Captain Donald Rowe, serving in Syria, whom they impersonated on Instagram, using his name to defraud innocent persons.

The AIG said that while detectives were making frantic efforts to get more credible information from the suspects, they started negotiating to bribe the operatives for them to be set free.

“I directed my men to play along and recover the money as an exhibit. Subsequently, the detectives played along and the suspects paid them a sum of N66m, which they collected and kept as an exhibit.

“The Nigeria Police authorities have written to the Ghana embassy to get more information about the result and their suspected partners in Ghana said to be spearheading the fraud.

Fayoade said that they had also spread their dragnets through the International Police, Interpol, to round up their foreign accomplices.

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