Jonathan under fire for appointing Aig-Imoukhuede to subsidy verification panel in the report of a Technical Committee set up to review fuel subsidy payments. Oil Subsidy Cabal’s Plot to Rubbish Aig-Imoukhuede’s Report Uncovered!! *** Jonathan Directs EFCC to Arrest Subsidy Thieves. Aig-Imoukhuede committee submits preliminary report on fuel subsidy Jonathan on the verification of the fuel subsidy claims and payments.

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The Aig-Imoukhuede led committee charged with verification and reconciliation of fuel subsidy claims and payments has indicted 21 firms of committing subsidy fraud to the tune of N billion and recommended their prosecution to the Presidency. Addressing State House correspondents in Aso Villa yesterday after the committee tendered their report to the President, the Chairman said the companies involved were 21 and refused to reveal their identities.


He disclosed that the committee also recommended total deregulation to the Presidency as the way out of the subsidy fraud. They were interviewed by various panels constituted by the committee and the outcomes of these interviews are also captured in the report.

So, the actual amount that was being verified is Nbn. Of this amount, N21bn was cleared and that leaves Nbn as the sum in contention for which the committee recommended that the process of recovery should be made.

I will like to summarise them as follows: Obviously, the first is the recovery of the said amount. He said the committee had built an airtight case that would be difficult to challenge in court, and he said the President displayed unique wisdom in staffing the committee with technocrats who have vast experience.

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Home Market — Finance Industries Goverment. By Afolabi Ogunde on July 25, Aig Imoukhuede Subsidy Committee head subsidy fraud. Posted August 1, 0.


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The Aig-Imoukhuede-led committee report on subsidy – integrity nigeria

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