Reps summon PPPRA boss over unremitted N1.62bn IGR

The House of has summoned the Executive of Petroleum Product Pricing Regulatory Agency (PPPRA), Mr Abdukadir Saidu, over unremitted N1.62 billion Internally Generated Revenue (IGR) the Federation Account.

The Chairman, House Committee on Finance, Rep James Faleke, gave the directive at an investigative hearing into alleged 30 billion dollars annual revenue leakage on Tuesday, in Abuja.

Faleke said that the directive was necessary to the PPPRA boss give explicit explanation on what actually happened the N1.62 billion IGR  and it was not remitted the Federation

He said that committee would peruse the agency’s book from 2012 date, adding that PPPRA must provide the IGR generated since 2012.

He also stated that the agency must provide the identity of the it loaned money to, adding that the committee needed the approval letter from the Accountant General’s office.

Faleke stated that on no shall any withdrawal be from the revenue account, stressing that a peep into the constitution would provide a better understanding.

The lawmaker also demanded explanation on conflicting figures in the consumption of fuel in the country.

He added that NNPC was earlier quoted have said that daily consumption of fuel was 93 million litres, while PPPRA had also said that daily consumption of fuel was 80 million litres per day.

The Agency of Nigeria (NAN) reports that the Executive of PPPRA, Mr Abdukadir Saidu, failed appear before the committee answer questions.

However, Mr Peter Etuk, PPPRA, General Manager Finance, PPPRA, while responding the daily consumption of fuel stated that the consumption on daily bases differs.

He stated that some days, fuel consumption could go higher, while at some point it would reduce.(NAN)