Subsidy removal: Reps raise 2 panels to look into unresolved issues

Subsidy removal: Reps raise 2 panels to look into unresolved issues

Blueprint NG

The House of Representatives has set up two separate adhoc committees to look into unresolved issues in the ongoing debate on the propriety or otherwise of the planned removal of subsidy on Premium Motor Spirit (PMS), commonly called petrol.

One of the committees is expected to determine the actual daily consumption of PMS in Nigeria, while the other was charged with the responsibility of ascertaining the current state of the nation’s petroleum refineries.

The Federal Government of Nigeria had recently mooted the total removal of subsidy on PMS, prompting reactions from many Nigerians against the move in view of the present economic situation of the country, even as the organised labour was up in arms to stage nationwide protests.

Though President Muhammadu Buhari later announced that the removal might not be coming until 2023, with a promise that such move would be subject to approval of the National Assembly, Speaker of the House of Representatives, Femi Gbajabiamila, while announcing the committees on Wednesday, said there were questions that needed to be answered before the parliament can take a position.

He named Abdulkadir Ningi as Chairman of the 14-member panel to determine the volume of daily consumption of PMS, charging the team not to…

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