Buhari has never included subsidy payments in any of his budgets.
Now the NNPC told us that the NNPC has been importing fuel at N171 and selling it at a lower price to the marketers.We also learnt that it is not only the NNPC that has been importing fuel into Nigeria, that some other companies, some of them fictitious companies not registered under the CAC, have been importing refined fuel into Nigeria and the NNPC has been paying a subsidy of N26.00 to those companies for every litre of fuel sold to the NNPC.
The worst part of this arrangement is that unlike previous regimes where this is open and transparent, Nigerians are not aware that the NNPC is paying N26.00 to any fuel importer for any litre of fuel, until the NNPC disclosed this when Nigerians started blaming them on the fuel scarcity.
So if not for the blame, nobody would have known that the govt was secretly paying subsidy.
Now imagine the amount spent: N26.00 times fifty million litres, or hundred million litres, then you can appreciate the level of corruption going on right under our nose, and we didn't know about it.
The worst part is that the govt gave the impression that subsidy regime has ended, that is telling lies to the nigerian people.
Then as the money was not reflected in the budgets, it means that the payment of subsidy is an illegal payment which, ipso facto, is an impeachable offence.
It is an impeachable offence to spend money outside the provisions of the budget.
The other day the news came that some of the companies dealing with the NNPC are ghost companies which are not registered with the CAC and that the ghost companies are responsible for transactions worth N1.1trillion.
So you can now understand the level of corruption going on under this govt.
The vice president, in order to vindicate the govt, said that it is the NNPC and not the govt that is paying the subsidy.
What a lame excuse!
Is the NNPC different not a part of the Nigerian govt?
Maybe it was because of this type of fraud that caused the federal government not to include the account of the NNPC under the TSA, so that the govt can be running the account of the NNPC the way they want without raising suspicion.
It is a pity that this is happening to Nigeria.
We deserve more than this.
The National Assembly should impeach Buhari immediately over this subsidy matter and make the NNPC account to Nigerians how much has been paid as subsidy and to whom.?”
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