High price of cooking gas: Senate summons marketing company
The Nigerian Senate has summoned the Managing Director of the Nigerian Gas Marketing Company Ltd. (NGMCL), Justin Ezeala, to the Senate over the high cost of cooking gas in the country.
The Senate Committee on Gas mandated Ezeala to provide details of gas sales and purchase agreements with gas companies and also answer questions of non-compliance with due process in the auto CNG project with NIPCO Gas.
The committee chaired by Senator Jarigbe Jarigbe, decided to summon Ezeala after a closed-door session by its members at the National Assembly.
They had expressed dissatisfaction with the decision of the group CEO of Nigerian National Petroleum Company Ltd. (NNPCL), Mele Kyari, who has been accused of preventing National Assembly committees from performing oversight functions on subsidiaries of NNPCL despite the committees being empowered to do so by the Petroleum Industry Act.
The committee is demanding a financial statement on the auto CNG project with NiPCO, for which NGMCL has approved an investment of N30 billion.
It vowed to use relevant provisions of the constitution to enforce the appearance of the MD of NGMCL should he fail to honour its invitation again.
