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    NLC seeks new National Minimum Wage commensurate with cost of living

    NLC seeks new National Minimum Wage commensurate with cost of living

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    EU negotiators agree ban on destruction of unsold clothes

    Gov. Yahaya presents N207.8 billion budget for 2024 to State Assembly

    Gov. Yahaya presents N207.8 billion budget for 2024 to State Assembly

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    Cases of GBV on decrease in Adamawa 

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    Governor Alia Inaugurates Local Government Caretaker Chairmen

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    Police Defuse IED At University Of Maiduguri Entrance

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    Army tenders apology over Kaduna drone attack, pledges support to victims

    Army tenders apology over Kaduna drone attack, pledges support to victims

    NAF auctions aircraft after FG approval 

    NAF auctions aircraft after FG approval 

    We have not carried out air operations in Kaduna in the last 24hours - NAF

    We have not carried out air operations in Kaduna in the last 24hours – NAF

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    Triumphant military wrestlers promise to make Nigeria proud

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    NAF MI-35P Helicopter Crashes in Port Harcourt, Crew Survives

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    Human Rights Commission gets 100 petitions in 11 months

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      Army tenders apology over Kaduna drone attack, pledges support to victims

      Army tenders apology over Kaduna drone attack, pledges support to victims

      NAF auctions aircraft after FG approval 

      NAF auctions aircraft after FG approval 

      We have not carried out air operations in Kaduna in the last 24hours - NAF

      We have not carried out air operations in Kaduna in the last 24hours – NAF

      Triumphant military wrestlers promise to make Nigeria proud

      Triumphant military wrestlers promise to make Nigeria proud

      MI-35P: NAF Chief Urges Resilience and Safety Measures in Wake of Helicopter Crash

      MI-35P: NAF Chief Urges Resilience and Safety Measures in Wake of Helicopter Crash

      POWA empowers 63 deceased Police officers families

      POWA empowers 63 deceased Police officers families

      Civil-military: Army donates borehole, educational materials to communities in Keffi

      Civil-military: Army donates borehole, educational materials to communities in Keffi

      NAF MI-35P Helicopter Crashes in Port Harcourt, Crew Survives

      NAF MI-35P Helicopter Crashes in Port Harcourt, Crew Survives

      Human Rights Commission gets 100 petitions in 11 months

      Human Rights Commission gets 100 petitions in 11 months

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        Patrick Doyle Shades Men Who Broadcast private matters on Social Media

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        “I’m not dating her” – BB Naija reality star Pere reveals

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        Naira Marley, Sam Larry steps out in public first time after police detention

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        Late Alaafin of Oyo’s ex-wife, Queen Dami blasts critics over relationship with Portable

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        Hilda Baci, others nominated for Under-30 CEOs awards

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        NLC seeks new National Minimum Wage commensurate with cost of living

        NLC seeks new National Minimum Wage commensurate with cost of living

        EU negotiators agree ban on destruction of unsold clothes

        EU negotiators agree ban on destruction of unsold clothes

        Gov. Yahaya presents N207.8 billion budget for 2024 to State Assembly

        Gov. Yahaya presents N207.8 billion budget for 2024 to State Assembly

        Cases of GBV on decrease in Adamawa 

        Cases of GBV on decrease in Adamawa 

        Gov. Alia Inaugurates local government caretaker chairman

        Governor Alia Inaugurates Local Government Caretaker Chairmen

        Police Defuse IED At University Of Maiduguri Entrance

        Police Defuse IED At University Of Maiduguri Entrance

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        Army tenders apology over Kaduna drone attack, pledges support to victims

        Army tenders apology over Kaduna drone attack, pledges support to victims

        NAF auctions aircraft after FG approval 

        NAF auctions aircraft after FG approval 

        We have not carried out air operations in Kaduna in the last 24hours - NAF

        We have not carried out air operations in Kaduna in the last 24hours – NAF

        Triumphant military wrestlers promise to make Nigeria proud

        Triumphant military wrestlers promise to make Nigeria proud

        MI-35P: NAF Chief Urges Resilience and Safety Measures in Wake of Helicopter Crash

        MI-35P: NAF Chief Urges Resilience and Safety Measures in Wake of Helicopter Crash

        POWA empowers 63 deceased Police officers families

        POWA empowers 63 deceased Police officers families

        Civil-military: Army donates borehole, educational materials to communities in Keffi

        Civil-military: Army donates borehole, educational materials to communities in Keffi

        NAF MI-35P Helicopter Crashes in Port Harcourt, Crew Survives

        NAF MI-35P Helicopter Crashes in Port Harcourt, Crew Survives

        Human Rights Commission gets 100 petitions in 11 months

        Human Rights Commission gets 100 petitions in 11 months

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          Army tenders apology over Kaduna drone attack, pledges support to victims

          Army tenders apology over Kaduna drone attack, pledges support to victims

          NAF auctions aircraft after FG approval 

          NAF auctions aircraft after FG approval 

          We have not carried out air operations in Kaduna in the last 24hours - NAF

          We have not carried out air operations in Kaduna in the last 24hours – NAF

          Triumphant military wrestlers promise to make Nigeria proud

          Triumphant military wrestlers promise to make Nigeria proud

          MI-35P: NAF Chief Urges Resilience and Safety Measures in Wake of Helicopter Crash

          MI-35P: NAF Chief Urges Resilience and Safety Measures in Wake of Helicopter Crash

          POWA empowers 63 deceased Police officers families

          POWA empowers 63 deceased Police officers families

          Civil-military: Army donates borehole, educational materials to communities in Keffi

          Civil-military: Army donates borehole, educational materials to communities in Keffi

          NAF MI-35P Helicopter Crashes in Port Harcourt, Crew Survives

          NAF MI-35P Helicopter Crashes in Port Harcourt, Crew Survives

          Human Rights Commission gets 100 petitions in 11 months

          Human Rights Commission gets 100 petitions in 11 months

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            Patrick Doyle Shades Men Who Broadcast private matters on Social Media

            Patrick Doyle Shades Men Who Broadcast private matters on Social Media

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            “I’m not dating her” – BB Naija reality star Pere reveals

            Naira Marley, Sam Larry steps out in public first time after police detention

            Naira Marley, Sam Larry steps out in public first time after police detention

            Late Alaafin of Oyo’s ex-wife, Queen Dami blasts critics over relationship with Portable

            Late Alaafin of Oyo’s ex-wife, Queen Dami blasts critics over relationship with Portable

            Hilda Baci, others nominated for Under-30 CEOs awards

            Hilda Baci, others nominated for Under-30 CEOs awards

            Jamie Foxx, Guns N’ Roses’ Axl Rose accused of sexual assault

            Jamie Foxx, Guns N’ Roses’ Axl Rose accused of sexual assault

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          Customs CG Hameed Ali says NNPC can’t justify N6.34tn petrol subsidy

          Halima Abdulkadiri by Halima Abdulkadiri
          September 2, 2022
          in Business & Economy, Local, News
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          Customs CG Hameed Ali says NNPC can’t justify N6.34tn petrol subsidy

          Customs CG Hameed Ali says NNPC can’t justify N6.34tn petrol subsidy

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          Customs CG Hameed Ali says NNPC can’t justify N6.34tn petrol subsidy

          By Abdullahi Ahmad Bamalli

          Comptroller General of Nigerian Customs Service (NCS), Hameed Alli, on Thursday faulted the over N6 trillion allegedly being paid as fuel subsidy on Premium Motor Spirit (PMS) in the 2022 fiscal year by Nigerian National Petroleum Corporation (NNPC) Limited.

          The NCS helmsman disclosed this while defending the NCS presentation on the 2023-2025 Medium Term Expenditure Framework (MTEF) and Fiscal Policy Paper (FSP), held at the instance of the House Committee on Finance, chaired by Hon. Abiodun James Faleke.

          He alleged that the 98 million litres of PMS daily consumption rate allegedly being brandished could not be substantiated scientifically, adding that over 38 million litres of PMS released daily in excess of actual consumption into the Nigerian market finds its way out of the country.

          Read Also: Ice Prince Arrested For Allegedly Abducting, Assaulting Police Officer

          While responding to a question on the N11 trillion proposed fiscal deficit in the 2023 budget proposal as captured in the 2023-2025 MTEF/FSP, Colonel Alli said: “I remember that last year we spoke about this, unfortunately, this year, we are talking about subsidy again.

          “The over N11 trillion we are going to take as debt, more than half of it is going for subsidy. The issue is not about the smuggling of petroleum products. I have always argued this with NNPC.

          “If we are consuming 60 million litres of PMS per day by their own computation, why would you allow the release of 98 million litres per day? If you know this is our consumption, why would you allow that release?

          “Scientifically, you cannot tell me that if I fill my tank today, tomorrow, I will fill the same tank with the same quantity of fuel. If I am operating a fuel station today and I go to Minna depot, lift petrol and take it to Kaduna, I may get to Kaduna in the evening and offload that fuel.

          “There is no way I would have sold off that petrol immediately to warrant another load.

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          Tags: CustomsHameedNNPC
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