{"id":10283,"date":"2012-04-26T04:31:42","date_gmt":"2012-04-26T02:31:42","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/nigeria-parliament-urges-fuel-subsidy-graft-arrests\/"},"modified":"2012-04-26T04:31:42","modified_gmt":"2012-04-26T02:31:42","slug":"nigeria-parliament-urges-fuel-subsidy-graft-arrests","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/nigeria-parliament-urges-fuel-subsidy-graft-arrests\/","title":{"rendered":"Nigeria parliament urges fuel subsidy graft arrests"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Fuel subsidy corruption cost $6.8 billion in 3 years<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Report recommends petrol price regulator be indicted<\/p>\n<p><span><\/span><\/p>\n<p>* Marketers collected fuel subsidy but never delivered<\/p>\n<p><span><\/span><\/p>\n<p>By Camillus Eboh<\/p>\n<p><span><\/span><\/p>\n<p>ABUJA, April 25 (Reuters) &#8211; Nigeria&#8217;s lower house of<br \/>\nparliament approved a report on Wednesday recommending senior<br \/>\nofficials be prosecuted for their part in the corrupt fuel<br \/>\nsubsidy scheme that lawmakers said cost the country $6.8 billion<br \/>\nover three years.<\/p>\n<p><span><\/span><\/p>\n<p>The probe was prompted by nationwide protests in January<br \/>\nwhen the government tried to remove the fuel subsidy, seen by<br \/>\neconomists as a massive drain on public finances, but which<br \/>\nhighlighted public anger about waste and public malfeasance.<\/p>\n<p><span><\/span><\/p>\n<p>President Goodluck Jonathan partly reinstated the subsidy a<br \/>\nweek later and his administration ordered several probes.<\/p>\n<p><span><\/span><\/p>\n<p>The parliamentary investigation covering 2009 to 2011 found<br \/>\nthat petrol marketers, including state-owned NNPC, were taking<br \/>\nsubsidy payments for fuel that did not exist or was sold abroad<br \/>\n&#8211; siphoning billions of dollars meant to ease the pain of high<br \/>\nfuel prices into the pockets of corrupt officials and<br \/>\nbusinessmen.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Nigerians have been suffering under the deceit of a select<br \/>\nfew that has milked us all dry in the name of fuel subsidy,&#8221;<br \/>\nLawan Farouk, head of the committee that carried out the probe,<br \/>\nsaid.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Fuel subsidy corruption cost $6.8 billion in 3 years * Report recommends petrol price regulator be indicted * Marketers collected fuel subsidy but never delivered By Camillus Eboh ABUJA, April 25 (Reuters) &#8211; Nigeria&#8217;s lower house of parliament approved a report on Wednesday recommending senior officials be prosecuted for their part in the corrupt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10283","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10283"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10283\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}