House of Reps Probes Payment of Demurrage to Foreign Vessels

The House of Representatives on Thursday gave a mandate to its Joint Committee on Petroleum, Upstream and Downstream, Navy and Public Account,to investigate how much the Federal Government has paid to owners of foreign vessels operating in Nigeria.

The committee was given two weeks to report to the House.

This resolution, which was passed on Thursday, came on the heels of a

motion moved by Hon Yacoob Alebiosu ( APC-Lagos) which was unanimously

adopted by the 360-member House without debate.

Alebiosu made it known on the floor of the House that in the past three months, the Federal Government had paid over $ 4 million dollars as demurrage daily to owners of about 16 vessels yet to discharge
their contents.

The lawmaker posited that If the payment of demurrage on oil vessels was not checked, revenue running into billions of Naira would continue to be lost.

He also alleged that Naval officers had prevented fuel-laden vessels at the Ports from discharging their contentsin spite of the fact that some of these ships had been cleared.

Alebiosu went on to explain that Nigerians might have to cope with yet another round of fuel scarcity as the supply currently being used in the country was the last batch from the reserves.

He said “this development is likely to cause untold

hardship to citizens and the government.

While the citizens will have to cope with the scarcity of fuel which will adversely affect the economy.”

Meanwhile, the 2014 Appropriation bill on

Thursday passed second reading on the floor of the House and was referred to the Committees on Appropriation and Finance for further legislative inputs.

Author: NewsAdmin

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