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HOUSE COMMITTEE ON PETROLEUM DOWNSTREAM MIVED TO REPOSITION THE OIL SECTOR.

This became necessary due to undiluted effort the committee is making towards achiving the mandated the committee received during the committee inauguration in which the leadership of House of Represented at the occasioned and chaired by the Speaker. Hon. Dogara mandated the members of the to due diligent to the responsibilities bestowed on the committee in making sure that problems surrounding the petroleum downstream is solved with out waste of time. And the committee in response thanks the speaker the wonderful opportunity giving to them to serve in such capacity promising that they not disappoint Nigerians on whose votes sent them to represent them.

The house committee on petroleum downstream sector lead by its chairman Hon. Joseph Akinlaja since the inception as the chair of the committee swang into action in order to unravel the major problems surrounding the petroleum downstream.

One of such action.is the committee meetings and oversight visits to the state ministry of petroleum Dr Ibe Kachikwu were following demands were bestowed on the committee towards making sure that NNPC drive effective change in the sector.

One of such prayers were that the National Assembly should assist the Petroleum ministry in relevant legislative laws to enables NNPC to sources funds from private, local and international investors to execute its capital project such as fixing Refinery.

The committee also maintains that NNPC must always comply with Treasury Single Account (TSA) and insisted that restructuring the NNPC must be done in according to the Act established the Agency.

Hon.Aknlaja mandated the petroleum ministry to live up to her expectations by making sure that petrol and diesel gets to all Nigerians at their point of needs.

The oil and gas are divided into three major sector namely Upstream, Midstream and downstream.

Downstream sector is the refining of petroleum crude oil and processing and purifying of raw natural gas as well as the. Marketing and distribution of products.

 

— Okorochukwu Ikechukwu ( correspondent)

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