The House of Representatives has vowed to see through the implementation of its investigations of the fuel subsidy abuses a day after releasing far-reaching recommendations.
Spokesperson Zakari Mohammed, said on Thursday the House will hold the executive responsible if the adopted recommendations were not implemented.
Mr. Zakari said the House may decide to hold the executive, known for violating past resolutions, to ransom.
“What we have done is a report and our resolution does not have the force of law. But when the executive will come to us, we’ll say if you don’t do this, we will not do that,” he said.
Mr. Mohammed however said lawmakers hoped that based on the mutual understanding between the House and the legislature, and in the pursuit of good governance and development, the recommendations will be implemented.
The document released on Wednesday, calls for a “complete overhaul” of the Nigerian National Petroleum Corporation (NNPC) leadership and the refund of more than N1 trillion of fuel subsidy funds.
It indicts the corporation’s management and board, as well as those of the Petroleum Product Pricing and Regulatory Agency (PPPRA).
The NNPC is to refund more than N705 billion; PPPRA N312 billion; fraudulent marketers who drew funding without importation, N8.7 billion; while companies that refused to appear during the investigations are to repay N41.9 billion.
The Farouk Lawan-le committee also recommends a petrol subsidy of N557billion for 2012 as well as kerosene subsidy of N249 billion. It adds that the true consumption level of petrol in 2011 was 31.5 million litres per day, recommending 33 million litres per day for 2012.
At a media briefing Thursday, Mr. Lawan Also admitted the committee had come under intense pressure throughout its work.
“It was not easy for us to keep ourselves and do the job but we were aware that it was a Nigerian project,” he said.
“There was pressure from so many quarters, pressure from those in government, from marketers; some were even going through members of the House to reach us.”
He attributed the success of his committee to its sizeable membership.
“There was no antic they did not try. Some of them took paid adverts to create the impression there was division among members of the House over the issue.
“Fortunately for us, the number was small and it was easy to manage,” he said.