President
Goodluck Jonathan on Thursday constituted a committee to verify and
reconcile the findings of the technical committee set up by the Federal
Ministry of Finance to review all fuel subsidy claims and payments made
in 2011.
The Special Adviser to the President on
Media and Publicity, Dr. Reuben Abati, said in a statement that Jonathan
constituted the 15-member committee in fulfilment of his pledge to
Nigerians that no person or organisation guilty of fuel subsidy fraud or
corruption would escape justice.
Abati said the committee headed by Mr.
Aigboje Aig-Imoukhuede, which would begin work immediately, was expected
to conclude its assignment on Friday, July 13, as a prelude to the
government taking immediate action on all identified cases of fraud.
He gave the names of other members of
the committee to include Dr. Abraham Nwankwo (Director-General, Debt
Management Office); Mr. Bernard Otti (Group Executive Director, Finance
and Accounts, Nigerian National Petroleum Corporation); Mrs. Oyinye
Ahuchogu (Central Bank of Nigeria); and Mrs. Sola David-Borha (Managing
Director, Stanbic IBTC Bank, representing the banking community).
Others are Mr. Mike Osatuyi (National
Secretary, Independent Petroleum Marketers Association of Nigeria); Mr.
Obafemi Olawore (Executive Secretary, Major Oil Marketers Association of
Nigeria); Mr. Jonah Otunla (Accountant-General of the Federation); Mr.
Bright Okogwu (Director-General, Budget Office of the Federation); Mr.
Reginald Stanley (Executive Secretary, Petroleum Products Pricing
Regulatory Agency); Mrs. Aisha Waziri-Umar and Mr. Jalal Arabi.
Abati said the Attorney-General of the
Federation, Inspector-General of Police and Director-General, State
Security Service, would also be represented on the committee.
According to the statement, the
committee’s terms of reference include to further verify and reconcile
all claims made in the report of the Technical Committee on Fuel Subsidy
Payments; properly identify all cases of overpayment and/or irregular
payments; and accurately identify all likely fraudulent cases for
criminal investigation.
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