Home / Probes / LAO-0198

Fuel subsidy payments, 2013–2022

Status

Reported

Assembly

House of Representatives

Opened

By 10 August 2022 (earliest dated report)

Assembly term

9th National Assembly (2019–2023)

Committee

Ad hoc committee

Sum at issue

₦6.7 trillion

Subject

Spending and misuse of funds

Without a report for

Not applicable

A House of Representatives ad hoc committee investigating fuel subsidy payments from 2013 summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, for failing to provide documents on ₦6.7 trillion in subsidy for 2022 and on funds approved for subsidy claims since 2013.

CBN FIRS

What the record shows

10 August 2022
Earliest dated press report of the probe.
31 May 2023
The ad hoc committee chaired by Ibrahim Mustapha Aliyu laid its report on the petroleum subsidy regime from 2013 to 2022. It recommended palliatives after the removal of subsidy, an end to the direct sale of crude oil, and an inquiry into ₦413 billion borrowed from the CBN for subsidy payments.

A committee report was presented or adopted. What became of its recommendations is shown where the record shows it. Know of a report, hearing or outcome missing here? Send a correction.