Posted: April 19, 2012 04:44 PM
The Nigerian Labour Congress (NLC) on Thursday demanded the prosecution of culprits in fuel subsidy probe.
According to the report
“Some of the findings of the House Report show clear indication of criminality; therefore it is not enough for private and public organisations like the NNPC and PPPRA to be asked to make refunds. The Government has a duty to bring the officers of such organizations and their supervisors to justice.
“We also hold that the Ministers in the Finance and Petroleum Ministries and their lieutenants under whose watch the NNPC made unconstitutional deductions from the country’s oil income before dumping the balance in the Federation account, should be investigated for culpability.
“The massive looting of the subsidy funds and the corruption in the oil industry are sufficient grounds for the N97 per litre cost of PMS (petrol) to be drastically reduced. The NLC holds that if the government plucks up courage to do local refining, the cost of PMS need not be as high as the old price of N65 per litre....