Levi Ajuonuma |
Indicted
petroleum companies in Nigeria's subsidy probe have concluded plans to sue the
House of Representatives even as the Nigeria National Petroleum Corporation
(NNPC) denied any fraudulent withdrawals to recover its subsidy claims.
The
report had indicted 18 companies allegedly owned by ministers, ex-governors and
powerful cabals of fraudulently receiving over N200 billion in subsidy
payments.
Mike
Ozekhome told journalists in Lagos that he has been instructed by the angry
companies to file a lawsuit against the House to demand N100 billion for
punitive damages.
The
indicted companies are: Mobil
Oil Nigeria, CAH Resources Association Limited, Somerset Energy Services, Fresh
Synergy Oil Limited, AX Energy Limited, Ibafon Oil Limited, Mut-Hass Petroleum
Limited and Techno Oil(N1.036 b);Oil Bath,
Also
Crust Energy Limited, Petrotrade, Lucky
Energy, Lottoj Oil, Stonebridge Oil Limited, Rocky Energy, Oakfield Synergy
Network Limited, Nepal Oil and Gas Service,
and Prudent Energy and Services Limited.
Meanwhile,
the Nigeria National Petroleum Corporation, NNPC has faulted the committee’s
report saying allegations of double withdrawals against the corporation were
“unfounded and absurd.”
The
report had accused NNPC of withdrawing from two different sources simultaneously
to recover its subsidy claims.
Levi
Ajuonuma, Group General Manager, Group Public Affairs Division of the
Corporation, in a statement over the weekend challenged the house to provide
evidence of their claims.
“We
challenge both the CBN and Ad Hoc Committee to provide evidence that such
payments as alleged were made to NNPC. They must show authorisation for the
payments as well as breakdown of the amount, purpose for the payments,
beneficiary accounts in which such payments were made and the utilisation of
such payments
“For
the purposes of clarity, subsidy payment to NNPC is not based on Cash remittance.
The mechanics of subsidy recovery by NNPC is not fund based but by way of
deduction from crude cost due. As a matter of fact, from the commencement of
the subsidy regime there was never a time when CBN paid any money to NNPC in
respect of subsidy claim”.
“The
basis for the deduction of both cash calls for Joint Venture operations and NNPC’S
subsidy payments as a first line charge on the income of the Federal Government
is statutory and founded on the Appropriation Act which was passed by the
National Assembly. Under the said Appropriation Act, certain budgetary items
including subsidy payments to the NNPC are listed as first line charges on the
income of the Federation,”
“The
Committee accepted the Cash call as first line charge yet alleged that the subsidy
aspect was illegal. It is clear that the
tone of the Committee’s report is not only damaging to the Corporation but to
the entire nation. At this stage, it is pertinent to ask the question, whose
interest is this committee serving" said Levi Ajuonuma.
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