shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Senate committee urges PPMC to make Nigerians benefit from kerosene subsidy

Senate committee urges PPMC to make Nigerians benefit from kerosene subsidy

by Joshua
June 1, 2012
in Uncategorized

The Senate Joint Committee on Petroleum (Downstream), Appropriation and Finance has directed the Pipeline and Product Marketing Company (PPMC) to ensure that kerosene is no longer diverted to construction companies.
The committee gave the directive at its public hearing in Abuja on Wednesday.
According  to the Senate, PPMC must look for alternative ways for construction and manufacturing companies and the aviation industry to acquire kerosene.

The Senate Joint Committee on Petroleum (Downstream), Appropriation and Finance has directed the Pipeline and Product Marketing Company (PPMC) to ensure that kerosene is no longer diverted to construction companies.
The committee gave the directive at its public hearing in Abuja on Wednesday.
According  to the Senate, PPMC must look for alternative ways for construction and manufacturing companies and the aviation industry to acquire kerosene.
The Chairman of the Committee, Sen. Magnus Abe (PDP-Rivers), said that the incessant hijacking of kerosene by companies had caused the ordinary  Nigerian untold hardship.
“As long as these big companies do not have an alternative means of getting kerosene, they will end up hijacking the household kerosene.
“So, you must throw the importation of kerosene open for them to import their kerosene and leave the household kerosene for the women in the village,'' Abe said.
 Earlier, the Managing Director of PPMC, Mr Haruna Momoh, told the committee that there had been various sharp practices in the kerosene market.
Momoh said this was why the company adopted the kero-direct initiative to ensure that kerosene got to ordinary Nigerians in the rural areas.
Meanwhile, the committee  has queried discrepancies between figures of the Petroleum Products Pricing Regulatory Agency (PPPRA)  and the Nigerian Ports Authority (NPA) in the quantity of fuel imported from 2006 to 2011.
It  said the  PPPRA figures did not tally with those presented by Nigerian Ports Authority.
The PPPRA figures showed that while in 2006, 7.056 million tonnes of fuel were imported into the country, in 2007, the quantity was 7.181 million tonnes.
The figures also showed that in 2008, 9.125 million tonnes were imported, in 2009, 10.019 million tonnes, in 2010, 12.767 million tonnes and in 2011, 16.306 million tonnes were imported.
The Nigerian Ports Authority records, however, showed that in 2006, 11.456 million tonnes were imported, in 2007, 13.503 million tonnes, and in 2008, 14.463 million tonnes.
The NPA figures also showed that in 2009, 17.365 million tonnes were imported, in 2010, 18.048 million tonnes were imported and in 2011, 21.527 million tonnes were imported.
The Managing Director of NPA, Malam Omar Suleiman, however, said that their figures also included the quantity of kerosene imported and not only petrol.  
The committee asked the Managing Director of  PPPRA, Mr Reginald  Stanley, to furnish it with records of subsidy payments from 2006 to 2011, the actual figure of fuel imports and the final subsidy payment for 2011.
The committee has subpoenaed the managing partner of KPMG to appear before it at its resumed sitting on Thursday.
In the letter of subpoena signed by the chairman, the committee said failure of KPMG to appear before it on Thursday would lead to the committee taking necessary measures.


Related Posts

Customs Hands Over N2.3bn Cash to EFCC At Lagos Airport

December 17, 2025
Vessels Expected At Lagos Ports As At 2nd December, 2025

Vessels Expected At Lagos Ports As At 2nd December, 2025

December 2, 2025
Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

November 10, 2025
$500 Million Spent Annually To Keep Piracy At Bay In The Gulf Of Guinea

Calls for Vigilance Due to Rise in Piracy and Robberies in 2025

October 27, 2025

Discussion about this post

Latest News

Eugene Nweke

SEREC Warns Unregulated Port Charges Could Cost Nigeria ₦700bn Annually, Deepen Inflation

January 14, 2026

BTS Launches Online Portal to Verify Training Certificates

Gov. Eno Commits To Actualising Ibom Deep Seaport

Nigerian Navy, NIMASA Seek Deeper Collaboration on Hydrography, Wreck Removal

Kaduna: NCS Rakes In N14.6bn In Q4, Records 35% Revenue Surge

APFFLON Petitions Presidency, Insists on Mandatory Stakeholder Engagement Over Port Charges

Navy Hands Over 372 Bags Of Smuggled Rice In Badagry

Vessels Expected At Lagos Ports As At 14th January, 2026

Shippers’ Council Orders Suspension of Port Charges Review Pending Stakeholder Engagement

ANLCA Faults Shipping Charges Increment, Seeks Stakeholder Engagement

NCS Begins Implementation of SOP for Courier Companies Operating under DDP Regime

SEREC Condemns Street-Style Shutdown of Shipping Company, Blames Regulatory Failure

kindly like our Facebook page

Health

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns
Health

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

December 8, 2025

Dr Mcphalane Ejah, a public health advocate, has warned that Nigeria is “sitting on a keg of gunpowder” due to...

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

December 8, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Facts About Your Body System You May Not Know 

December 1, 2025
Prostate Health Awareness Message Men Must Read

Prostate Health Awareness Message Men Must Read

December 1, 2025
Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

November 24, 2025
Top Men’s Health Issues

Top Men’s Health Issues

November 24, 2025
All You Need To Know About Diabetes

Health Benefits Of Consuming Garden Egg

November 17, 2025
All You Need To Know About Diabetes

All You Need To Know About Diabetes

November 17, 2025
WHO Launches Campaign To Prevent Stem Rising Suicide In Africa

WHO Urges Swift Action To Curb Rising Diabetes Cases In Africa

November 17, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

November 10, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition