NAPIMS boss has been given 24 hours to appear before Senate over $16b project

•Lawmakers probe Customs, others over alleged abuse of waivers 

The Senate Committee on Local Content has ordered the Group General Manager of National Petroleum Investment and Management Service (NAPIMS), Mr. Roland Ewubare, to appear before it within 24 hours or risk being forced to do so
Chairman of the panel Samuel Adeola gave the order at its sitting attended by 10 senators investigating the variations associated with the $16 billion Egina Deep Sea Oil Project. He said it was becoming a tradition in the Nigerian National Petroleum Corporation (NNPC) and its subsidiaries to treat National Assembly invitations with levity. “This committee will henceforth not deal with lieutenants of these agencies without their heads or cogent reasons in advance.”

NAPIMS had sent three general managers as representatives to the committee after it received an invitation three weeks ago for appearance of the group general manager to throw light on submissions made by Total Exploration and Production Nigeria Ltd handling the Egina project. .
Godswill Akpabio, the vice chairman of the committee and Minority Leader said the importance attached to the information likely to be provided led members to turn out in large numbers. According to him, it is insulting not only to the Nigerian constitution but the office of the GGM for him to disregard the Senate invitation on issues relating to how Nigerians are being shortchanged by foreign companies and their local collaborators.
Meanwhile, the House of Representatives Committee on Customs has invited the Comptroller General, Hammed Ali, Accountant General of the Federation, Ahmed Idris and the Central Bank of Nigeria (CBN) over alleged abuse of waivers and bond on import duties.
Also invited are bank executives, importers, inspection agents, SGS, Cotecna, Global Scan and Web Fountain Nig Ltd. to defend the roles they played in the sector from 2010 till date with regard to the waivers. They are to appear before the committee next week Wednesday.
In a letter to the invited stakeholders dated 13 November, the committee chairman, Abiodun Faleke (APC, Lagos)
Said:” In view of the timeline set for the assignment, kindly ensure that the information and documents required of you are sent to the committee’s secretariat before November 29.”
The lawmakers requested for schedules of all beneficiaries with respect to all duty waivers, exemptions and concessions processed by the invited stakeholders from 2010 till date.
They also requested for “schedules of all beneficiaries with respect to all bonds indemnity upon which imports were processed by the Nigeria Customs Service from 2010 to date.”
The House had on November 8 collapsed three motions all calling for the probe of issuance of waivers and revenue leakages in the declaration of customs duties.
The motions are: “Need to investigate the handling of import duty revenues, waivers and bonds on import duties collected by the Customs Service from 2010 to date’, ‘Need to Audit the Customs Duties Remitted by commercial banks to the CBN from January 2014 till date and proof of such remittances’ and ‘Need to investigate the operational activities of Web Services, Fountain Nigeria Ltd in the Nigeria Customs Service Information and Communication Technology (ICT) infrastructure between 2013 and 2017, the violation of its Automated System for Customs Data (ASYCUDA) timeline agreement, rules of engagement and the delay in the handover of its services to the Nigeria Customs Service.”


More people are reading FRAYOKIT NEWS than ever but advertising revenues across the media are falling fast. And unlike many news organisations, we haven’t achieved as you may think – we want to keep doing our best. So you can see why we need to ask for your help.
FRAYOKIT NEWS is spending a lot of time, money, resources in both our correspondents and managing of our domain server. We really need your help to keep our services steady. You can help us with as little as $1-$10 a month
Donate in bitcoin to FRAYOKIT NEWS wallet address: 1JNpEFuA2rFJqLWpYojLaUgzEdPoZ5KtwM
Or direct deposit and transfer to FRAYOKIT NEWS CEO's account: Account Name: Obeya Friday | Account Number: 2056908200 | Bank Name: United Bank of Africa (UBA)
Thanks for supporting us!

To receive more updates from Frayokit News, kindly SUBSCRIBE TO OUR NEWSLETTER or follow us on FACEBOOK and on TWITTER
For inquiries, adverts placement and news tip off, kindly call +2348083720023, +2348073006684 or send us email on: [email protected]
Add Frayokit News On BBM. Pin: 5C130E7E or add us on WhatsApp. WhatsApp number: 08083720023


Join us for free and get valuable content delivered right through your inbox.


Post a Comment

NOTE: Your comment is highly appreciated! But, be aware that whatsoever comments you publish here are strictly at your own detriment. Frayokit News shall not responsible for any vulgar language used in our comment box by our users. Kindly comment wisely and insult-free constructively.

All rights reserved. This material and any other material on this site may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from FRAYOKIT NEWS


Close (X)