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Breaking News! Tension, As Lawmakers Block Kachikwu! by engrgordon(m): 8:29pm On May 16, 2016 |
Following the special session convened by the House of Representatives to discuss the removal of subsidy from petrol and its attendant price hike on Monday, the session went rowdy with chorusing of no, no, by the members of opposition PDP. The disagreement which is clearly between the leading APC and the opposition PDP follows the motion that Petroleum Minister, Ibe Kachikwu be allowed into the Chambers. The situation has forced the session into a closed door. The disagreement started at about 12.15p.m. immediately after prayers, the Speaker, Yakubu Dogara, read the proceedings of the previous sitting and moved for the admittance of Minister of State, Petroleum Resources, Dr. Ibe Kachikwu, into the chamber but the shouts of No! No! No rented the air. However, after the Speaker finished his comment, allowing the leader to move the motion, there was a resounding ‘nay’ from the opposition lawmakers, mostly members of Peoples Democratic Party (PDP) in rejection of the motion. Dogara ignored the strength of the ‘nay’ prayers by ruling in favour of the ‘ayes’ as the Majority Leader, Femi Gbajabiamila, quickly moved for the admittance of Dr. Kachikwu. While some members, waving the national flag, started shouting ‘all we are saying save Nigeria,’ others were chanting ‘change’ with mainly PDP Reps shouting ‘shame,’ ‘shame.’ At this stage, the Minority Leader, Rep Leo Ogor, approached the Speaker and after a brief chat with him, joined his fellow lawmakers. Also, the Majority Leader and some of the lawmakers approached the Speaker, but the noise continued as all appeals by the Majority Whip, Ado Doguwa, to his colleagues fell on deaf ears. Suddenly, frayed tempers disappeared and the Speaker gave the Minority Leader the floor and he immediately moved for a closed-door meeting. More detaitails coming |
Re: Breaking News! Tension, As Lawmakers Block Kachikwu! by engrgordon(m): 8:51pm On May 16, 2016 |
And when he was finally allowed into
the premises to make his
address, Kachikwu told members of the
House of Representatives that they were
left with no option than to increase the
price of fuel.
Here are five major things he said
during the meeting:
1. The diminished foreign exchange
supply situation in Nigeria, which forced
marketers to stop importation and
imposed over 90 per cent supply on the
Nigerian National Petroleum Corporation
(NNPC) since October 2015 is responsible
for the subsidy removal.
2. Significant decline in government’s
foreign exchange revenues and
renewed sabotage and pipeline
vandalism in the Niger Delta.
3. There was no provision for subsidy in
the 2016 Appropriation Act and as at
Monday, the fuel price of 86.50 gave an
estimate subsidy claim of 13.7 Naira per
litre, which translates to 16.4 billion
Naira monthly.
4. The new price band had gone into
effect and the market had stabilised in
terms of product availability.
5. NNPC will no longer resort to
federation barrels and would endeavour
to meet its obligation to pay FAAC 100
percent of its entitlement from the
445,000 barrels per day in the coming
months.
Since the removal of fuel subsidy on
May 11, there have been series of
reactions by Nigerians, especially one
where they said the immediate past
president, Goodluck Jonathan meant well
for the citizens.
Meanwhile, the Nigeria Labour Congress
(NLC) as well as the Trade Union
Congress (TUC) have agreed to shut
down the economy o n Wednesday, May
18, if the President Muhammadu Buhari-
led federal government refuses to revert
to the old price.
The unions have vowed to stage a
nationwide protest and industrial action
that will cripple activities in one Africa’s
largest economies which they claim will
not end until the president agrees to
their demands. |
Re: Breaking News! Tension, As Lawmakers Block Kachikwu! by faaz24: 8:52pm On May 16, 2016 |
There is no Honor in the House of representathiefs. As if they care . |
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