The House of Representatives has set up two committees to investigate the quantity of daily fuel consumption in the country and determine the state of the nation’s refineries.
The Speaker, Rep. Femi Gbajabiamila, said on Wednesday in Abuja during the plenary that the move became necessary following planned removal of subsidy by the Federal Government.
Gbajabiamila said it was important to know the state of the nation’s refineries and the planned subsidy removal to fully understand whether the planned removal was right or wrong.
The 14-man committee on fuel consumption will be chaired by Rep. Abdulganiyu Johnson (APC-Lagos), while that of the state of refineries is to be chaired by Rep. Abdullahi Ningi (APC-Bauchi).
Following the Petroleum Industry Bill (PIB), which became an Act after it was assented to by President Muhammadu Buhari, it was expected that fuel subsidy would cease
Meanwhile, Minister of Finance, Budget and National Planning Zainab Ahmed and Minister of State for Petroleum Resources, Mr Timipre Sylva, said the Federal Government was not in a hurry to remove subsidy on petroleum products.
President Buhari on Tuesday also approved the suspension of the removal of fuel subsidy.