ABUJA- A-Z Petroleum Products Ltd has suggested the Home of Representatives to abet recuperate an alleged outstanding debt of N30 billion subsidy differential from the Federal Ministry of Finance.
The Head of Industry Pattern, Mr Hafford Udochukwu, made the allure on Wednesday at a public listening to organised by the Home Advert hoc Committee in Abuja.
The committee became constituted to envision the right kind day-to-day sale of Premium Motor Spirit (PMS) in Nigeria.
Speaking at the listening to, Udochukwu acknowledged that in 2015, the firm purchased 12 cargos containing 245.89 million litres of PMS, 26.27 million litres in 2017 and 26.64 million litres in 2018.
“Now we dangle now not been paid since 2017, thanks to that we stopped buying and selling in PMS. We’re being owed over 30 billion naira by the authorities for subsidy differentials and thanks to that we have stopped buying and selling.
“Now we dangle now not been buying and selling on PMS; we’re roughly handicapped, severally we’ve got written to the ministry, they dangle paid diversified, however we’ve got now not been paid.
If reality be told, we went to court two months ago. We’re asking the committee to prevail on the Ministry of Finance so that they are going to pay us the outstanding,’’ he acknowledged.
Udochukwu acknowledged that the firm has over four thousand workers on its payroll which they had been sustaining all these years, however it undoubtedly became changing into complicated.
The committee decried the improvement, announcing that it became unacceptable as rather just a few money, running into trillions, had been appropriated for the sub-head.
The Chairman of the Committee, Get. Abdulkadir Abdullahi (APC-Kano), asked the firm to provide the committee with all necessary paperwork and pledged to gape into the topic.
The chairman directed the administration of Virgin Wooded enviornment Vitality and Oando to seem sooner than the committee on Monday, August 15, 2022.
He directed that the companies must peaceful appear with proof of any fee made and diversified linked paperwork on the amount of PMS they deal in.
The committee also summoned the Managing Director of Ash Group Vitality Ltd, a member of the DSGP Contract Consortium, which has Jack Vitality Solutions Ltd as member, and Vitol AS Ltd because the lead.
The managing director of the community, it acknowledged, became summoned to seem on Aug. 16 to display its operations and myth for the volume of PMS imported.
Abdullahi acknowledged that the committee would question that NNPC must peaceful hunch the operations of the consortium pending the raze results of the listening to. (NAN)