ADVERTISEMENT

Minister says FG will review fuel price

Alasoadura said the data will give lawmakers an idea of what is going on in the oil and gas industry.

Nigeria's Oil Minister and OPEC president Emmanuel Ibe Kachikwu listens to a news conference after a meeting of OPEC oil ministers in Vienna, Austria, December 4, 2015.

The minister said this at an award ceremony organised by Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).

In a related development, the Senate has called on the Department of Petroleum Resources (DPR) to provide daily records of the sale and production of crude oil and gas.

The committee Chairman, Senator Tayo Alasoadura said the data will give lawmakers an idea of what is going on the oil and gas industry.

ADVERTISEMENT

Alasoadura also expressed worry that some government agencies do not provide reports on their activities to the Senate.

Adding that “The problem with us is that we don’t think the National Assembly is part of the government. I have always told people: take the National Assembly away from governance, there is no more democracy. There is the executive; there is legislature; and there is the judiciary. But it’s only when you have the legislature, which will act as a check on the executive, that there is democracy.

“So, whatever is worth doing for the executive must also be done for the legislature, so that at the end of the day, we will all understand and speak with one voice.”

“We are very impressed by what we saw. A lot of rumours fly around about the seeming incompetence of the DPR. But from all the efforts they are putting into getting the required results for this country in information gathering, going technical or going ballistic, let me put it that way, I think they are putting in their best."

ADVERTISEMENT

Alasoadura  also said “And I believe that in a few more years’ time, doing business in the oil industry in this country will be so transparent that even people will be able to read what is happening in the oil industry from their bedrooms and from their offices, and that will be a day for Nigeria.”

The Nigerian Labour Congress (NLC) has also warned the Federal Government against increasing the price of fuel.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Lagos postpones eagerly anticipated Easter boat regatta indefinitely

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Third Mainland Bridge reopens in 1 week, formal ceremony later - Minister

Sanwo-Olu opens 'Sunday market' on Good Friday for Easter shopping

Sanwo-Olu opens 'Sunday market' on Good Friday for Easter shopping

Wike thanks Tinubu for the opportunity to serve

Wike thanks Tinubu for the opportunity to serve

Barrister Bida pens special birthday prayer for President Tinubu, Nigerians

Barrister Bida pens special birthday prayer for President Tinubu, Nigerians

Tinubu’s aide distributes food items to 1,750 persons in FCT, Kwara

Tinubu’s aide distributes food items to 1,750 persons in FCT, Kwara

Court grants senator accused of forging NYSC certificate ₦50m bail

Court grants senator accused of forging NYSC certificate ₦50m bail

Delta monarch declared wanted by military surrenders to police

Delta monarch declared wanted by military surrenders to police

Renowned Canada-based Nigerian playwright, Oguntokun is dead

Renowned Canada-based Nigerian playwright, Oguntokun is dead

Pulse Sports

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

Michelle Alozie: I had to do it because of African referees

Michelle Alozie: I had to do it because of African referees

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

ADVERTISEMENT
ADVERTISEMENT