Reps Summon Finance Minister Over Subsidy Payment

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Aliyu while speaking during an interactive session with the director, Home Finance in the Ministry, Mr Stephen Okon and representatives of some oil companies,

“This committee requested from you to know the total amount released from the Consolidated Revenue Account as subsidy payments from January 2013 to date.

“Outstanding deposits expected from the NNPC to the consolidated revenue account indicating periods, years and dates. Statement of account of all bank documents, evidence of NNPC and its affiliates, subsidiaries transfer of funds to the Treasury Single Account in line with the directives of the President and commander in chief; statement of accounts operated by NNPC and subsidiaries under TSA regime.

Meanwhile, the lawmakers faulted Sahara Energy Resources , for discrepancies observed in the documents submitted, whereby Sahara Trade signed a letter of authorisation on behalf of Sahara Energy.

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