Ayodele Fayose, Ekiti state senator, has reprimanded Vice-President Yemi Osinbajo over his current claim with respect to fuel appropriation.
On Tuesday, Osinbajo had said the Nigerian National Petroleum Commission (NNPC) bears the cost of fuel appropriation and not the government.
His remarks came after Maikanti Baru, NNPC amass overseeing chief, said the arrival cost of petroleum is presently N171 as against the official retail cost of N145.
Be that as it may, talking on Wednesday, Fayose thought about whether there was any contrast between the NNPC and the national government.
In an announcement issued by Lere Olayinka, his representative, the senator asked: “What is the contrast amongst NNPC and the government? Who is NNPC and who is government? Is NNPC now an independent office of the government?”
He said in opposition to what is being displayed, the NNPC does not have the rights “to swap raw petroleum for appropriation” nor to burn through cash it produces from the offers of unrefined petroleum.
He asked: “Where is NNPC getting the cash with which it is financing oil with N26 per liter? Is NNPC burning through cash from the offers of raw petroleum that ought to be paid into the league record to pay endowment?
“I like the VP, he is a minister and I don’t trust that he will likewise go along with others in Buhari’s administration to mislead Nigerians.
“In any case, this one that he introduced NNPC as an office of the government that can allot finance without the endorsement of the president is extremely weird to me.”
Fayose likewise pondered where the cash “is originating from” if sponsorship is being paid by the NNPC.
“Is it from offers of raw petroleum? Does it now imply that the NNPC is spending some portion of the returns of the offer of unrefined petroleum outside assignment to the government by the Federation Account Allocation Committee (FAAC)?” he inquired.
“We were in Nigeria in May 2016, when the government reported the evacuation of endowment on oil and went ahead to expand the draw cost of petroleum to N145 per liter.
“A similar APC individuals, who challenged expulsion of sponsorship and addition of oil cost to N140 in 2012, protected the evacuation in 2016 and augmentation of direct cost to N145.
“In 2017 spending plan of the central government, arrangement was not made for the installment of fuel appropriation, so additionally that of 2018. So where is the N26 they are sponsoring one liter of oil with originating from? Is the Buhari-driven government spending store not appropriated by the national get together?”