Video: Despite the fear of Buhari, there is still monumental fraud in the oil sector – Senator Dino
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Senator Dino Melaye |
Senator Dino Melaye on Monday, February 28, has raised an
alarm over what he calls ongoing monumental fraud in the oil sector even with
the so call “fear of President Buhari” slogan and his crusade against
corruption.
some oil companies are raking in almost N2 billion from illegally Diesel
lifting at the depots.
the amount of diesel it refines, therefore approaches some private firms with
tank farms to stock the excess refined diesel products.
officials connives with these private tank farm owners to make sure the diesel disappears
from their tank without the government notice, using a sharing formula between
the officials and the private firms.
trillion as subsidy. According to the Senator, between 2006 and 2015, NNPC also
imported fuel the way oil marketers import fuel into the country and collected
subsidy disbursements on the imported fuel.
Sen. Dino Melaye representing Kogi west speaks on corruption in Oil Sector.: https://t.co/yU9XVVYMRT via @YouTube— Nigerian Senate (@NGRSenate) February 28, 2017