• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, November 5, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Reps summon Finance Minister on oil subsidy claims

Subsidy

The Matters Press by The Matters Press
August 9, 2022
Reading Time: 1 min read
0
Nigeria has not taken decision yet on fuel subsidy

The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed to make available before it all documents relating to subsidy claims from 2013 till date.

RELATED POSTS

*Tinubu’s poverty reduction measures expansive than others, likely to succeed – IMPI*

Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

Rep Ibrahim Aliyu, Chairman, Special ad hoc committee investigating Petroleum Subsidy regime said this when Mr Stephen Okon, Director Home Finance in the ministry appeared before it in Abuja on Tuesday.

The Chairman of the committee gave the minister Aug 16 to make herself available with all the relevant documents in subsidy claims.

The chairman said that the minister must answer the total amount released from the consolidate revenue account as subsidy payment from 2013 till date.

He said that the breakdown of beneficiaries companies that received subsidy payments from the consolidate revenue account must be submitted before it.

According to the chairman, the statement by the minister recently that the country will require N6.7 trillion to service subsidy is worrisome.

He said that it was imperative for the minister to appear before the committee to explain certain actions, adding that the subsidy would be borrowed for Nigerian to enjoy.

He added that the issue was a very serious one that required the concern of everybody, adding that the committee was holding trust for the citizenry.

Okon, however said he had to appear because the minsitry did not want to pass information that was not properly process before the committee.

He said that he came to plead for an extension of time, adding that he was not mandated to make any presentation before the committee.

Tags: Subsidy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

*Tinubu’s poverty reduction measures expansive than others, likely to succeed – IMPI*

November 3, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence

October 24, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

October 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI revises inflation rate projection to 14% from 17% for December

October 22, 2025
CSOs give  thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria
Agriculture

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

October 22, 2025
Standing With the Bello Family – Justice Must Never Be Cheapened
Energy

Standing With the Bello Family – Justice Must Never Be Cheapened

October 17, 2025
Next Post
Coronavirus hits hard as China records 811 deaths

China to cut gasoline, diesel retail prices

NERC declares meters free under mass scheme

Nigeria to inaugurates Africa’s 1st Meter Museum in Lagos

Recommended Stories

Bids roll in for Ajaokuta Steel Company

Environmentalist proffers solutions for enhanced food production

February 17, 2023
Global trade’ll grow to $30tn by 2030

Ministers to champion Nigerian trade, investment in Canada

October 25, 2022
Poverty in West Africa increases by 3%

Poverty in West Africa increases by 3%

January 21, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • *Tinubu’s poverty reduction measures expansive than others, likely to succeed – IMPI*
  • Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence
  • Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us