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That Subsidy Scam... - Politics - Nairaland

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That Subsidy Scam... by debaj10: 4:30pm On Oct 05, 2015
There's an article stating that 'Subsidy On Petrol Falls To N576m Daily'.
A welcome development.
But-
Why do I get the impression that we're being led by the nose?
What ever happened to documented evidence? I expect there are invoices and receipts to show what comes in each month.
But 40 million liters?
In an economic downturn?
Exactly 40 MILLION still?!
Haba!
Why can't the NNPC just publish the total for each month of the last quarter, as well as the marketers, tonnage, value, shippers and dates?
Isn't transparency the reason why NOI published all monthly allocations?
Isn't transparency one of the key elements of 'putting structures in place' to ensure strong institutions?
Does Kachikwu need to be ADVISED that this is good, even necessary practice?
Please, someone should tell the man to do the needful and publish those documents, abeg.
'Nuff said.

Meanwhile, why can't both the marketers ans shippers accept crude as payment instead of dollars?
Wouldn't that relieve pressure on the naira? Unless they (hopefully) already do so?
Just wondering...

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