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House of Reps Summons Diezani Alison-Madueke Over Oil Swap Contracts

Farouk Mohammed
By Farouk Mohammed
Published: February 22, 2016
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The House of Representatives Ad-hoc Committee investigating the Refined Product Exchange Agreement/Crude Oil Swap between the Nigerian National Petroleum Corporation/Petroleum Pipelines Marketing Companies (NNPC/PPMC) has summoned former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.

The three former Group Managing Directors (GMDs) of the NNPC, Mr. Austin Oniwon, Mr. Andrew Yakubu and Mr. Joseph Dawha, who appeared before the committee last week, indicted the former minister, accusing her of extending the oil swap contracts for Duke Oil Company Incorporated and Trafigura B.V, without valid agreements. The house wants Alison-Madueke to explain her role in the award of contracts worth $24billion without valid agreements signed with the befitting companies.

The Chairman of the ad hoc committee, Hon. Zakari Mohammed (Kwara APC) in a telephone interview said, ”The former oil minister’s invitation will definitely go to her tomorrow (Monday). We are going to invite her, because contracts expired for 20 months, there was no renewal of contract, but the GMDs wrote to her, and she, on her own, approved the contracts,” he said.

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It howver remains unclear how the former minister would be expected to honour the invitation following reports of her arrest in the United Kingdom, where her passport was also seized as part of her bail conditions.

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TAGGED:Diezani Alison-MaduekeHouse Of RepsOil Swap Contracts
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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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