Senate to investigate N9.3tr spent on petrol subsidy in 30 months NATION NEWS

The 10th Senate began full business yesterday by announcing a plan to investigate the controversies surrounding petrol subsidy payments.

The probe will be carried out by an ad hoc committee on downstream oil sector which is to be constituted.

It summoned Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer (GCEO) Mele Kyari to brief it on Federal Government’s under-recoveries.

The Senate said that the Adhoc Committee on Petroleum (Downstream), should, when constituted, constantly monitor, scrutinise and approve Midstream and Downstream spending of the NNPCL.