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Crown Lovers Magazine > Blog > NEWS > Amount of fuel consumed will determine subsidy removal – Rep Abonta
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Amount of fuel consumed will determine subsidy removal – Rep Abonta

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Last updated: 2022/09/01 at 5:44 PM
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The Chairman of the House of Representatives special adhoc committee on fuel consumption, Uzoma Nkem Abonta has said the amount of fuel consumed in parts of the country will determine whether or not to remove subsidy.

Abonta spoke when the committee visited Cross River State to compare data on how much fuel has been consumed with the subsidy paid by the federal government.

The committee took time to visit at least seven fuel depots in Calabar and environs, comparing data month by month and year by year.

According to Abonta, they also came to find out the quantity of petroleum products consumed in the state.

The Rep member said without knowing the volumes of fuel consumption in the country it will be difficult to take a decision.

Abonta said the House would be in a better position to properly place the issue of subsidy at the end of their tour.

He also said that subsidy has bedevilled the country for a while adding that it is difficult to calculate fuel subsidy

“The overall essence of our visit to is to carry out a comparative and competitive data from all depot’s month on month, year on year, placing them side by side with the subsidy paid by the federal government.

“We want to ascertain the volumes of products being consumed daily in the state so that the House can use it as an indicator to analyze other related issues.”

Abonta explained that in recent times, the Nigerian Customs have arrested several tankers and drivers trying to cross the borders, adding that if what the customs have said is true, then it means the claims are true.

They also visited seven private oil depots in Calabar

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admin September 1, 2022
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