Abuja— Some oil marketers, who were indicted for illegally
collecting over N400 billion subsidy fund for fuel they did not import, have
started refunding the money.
This is just as governors of the 36
states of the federation backed the Federal Government in its efforts to
recover the subsidy claims from the marketers.
Governor Peter Obi of Anambra State,
who disclosed the governors’ position at the end of the National Economic
Council meeting, said the governors were excited that the Federal Government’s
effort had started to yield result as some marketers had started to make
refunds.
According to Obi, Nigerians need to
show understanding by supporting the Federal Government’s efforts at recovering
the funds.
He said: “The National Executive
Council, NEC, commended the Federal Government on its present stand in the
prosecution of those who were wrongly paid subsidy money and on the need for
them to refund it fully. From the report we got today, some have started
refunding.
“It is a serious case that people
were paid for vessels that were not anywhere near the Nigerian waters. And I
think when Federal Government does a thing that is courageous and right, it
should be encouraged and that can, at least, give it the courage to do more.
“So, we support the Federal
Government in the effort to clean up the entire value chain and process of
petroleum industry; they have our full support.”
He said NEC also considered a
presentation by the Minister of Information, Labaran Maku, on the planned
non-partisan Good Governance Publicity Tour being jointly organised by his
ministry and the National Planning Commission.
He said the exercise was meant to
monitor, evaluate and showcase Federal and states’ projects across the six
geo-political zones and so was a worthwhile venture.
Governor Obi disclosed that Council
also directed the Governors’ Forum to set up a committee that would meet with
the Federal Ministry of Information and National Planning Commission to review
the logistics for the tour and agree on the date of commencement.
Also, Dr. Ngozi Okonjo-Iweala,
Coordinating Minister for the Economy and Minister of Finance, briefed NEC on
the progress being made by the Subsidy Reinvestment Programme, SURE-P, youth
engagement and employment initiative, and endorsed the plan to launch the
programme in the states to sensitise the people on the processes of job
selection and payment to beneficiaries, beginning from September 6.
Obi added that Dr. Okonjo-Iweala and
the Minister for Environment, Mrs. Hadiza Ibrahim Mailafia’s brief on the
Nigeria Erosion and Watershed Management Project, NEWMAP, interest-free $500
million facility was also reviewed by the NEC.
According to him, the ministers
explained that the medium term soft loan with a 40-year duration and 10 years
moratorium was meant to check gully erosion in the South-East and other parts
of the countr
Vanguard, By Ben Agande
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