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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
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Reps Plans To Probe Mismanagement Of M183.9b COVID-19 Intervention Funds

House of Representatives Sitting in Abuja recently


By Favour & Akinola Ajibade


The House of Representatives( yesterday) Tuesday, ordered the Public Accounts Committee  to investigate N183.9billion disbursed to Ministries, Departments and Agencies of the Federal Government from 2020 to 2022. 

The money, was part of the intervention funds, given to governments and their agencies, in order to curtail the impacts of COVID 19 on economies globally.

In a motion moved on the floor of the House recently, Hon. Nyampa Dauda Zakari, noted that the sum of N83.9 billion was appropriated for the COVID-19 response in the 2020 appropriation Act as well as another sum of over N100 billion as intervention funds through supplementary budget and international donor agencies.

According to him,the Auditor-General’s report and other sources reveal that significant funds for COVID-19 palliatives and international donations were diverted and unaccounted for by various Ministries, Departments and Agencies of Government.

He added:”Concerned that the lack of proper accountability of funds allocated for COVID19 intervention by the lockdowns, travel restrictions, business closures, and government shutdowns to control the virus’s disrupted economic activities, leading to global measures.

He noted that the House is mindful that “the Federal Government of Nigeria initiated several measures including budgetary provisions as well as funding from International donor agencies to combat the COVID-19 pandemic on the citizens.

A member from Borno State Ahmed Jaha, observed that the COVID-19 funds would have improved the health sector of the country if it was properly utilized.

The house hresolved to mandate the Public Accounts Committee to investigate the expenditure of funds appropriated or disbursed as COVID-19 intervention to Ministries, Departments and Agencies of the Federal Government from 2020 to 2022 and report back within one month for further legislative 

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