Rising Gas Price: Senate Summons NGMC Boss

Sunday Aborisade in Abuja

The Senate Committee on Gas yesterday summoned the Managing Director of the Nigerian Gas Marketing Company Limited (NGM),  Justin Ezeala.

He was asked to make available, details of the gas sales and purchase agreements with gas companies.

The Chairman of the Senate panel, Senator Jarigbe Jarigbe, announced the invitation of the Managing Director of the NGMC Limited, after a closed session with his members.

The committee in its resolutions at the end of the meeting also expressed dissatisfaction with the action of the  Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Mele Kyari.

Kyari was alleged to have been preventing the National Assembly Committees from over-sighting subsidiaries of NNPC which  the Petroleum Industry Act (PIA) empowers the committee to do .

The committee is also demanding  to know the financiers of the Auto CNG Project with NiPCO, where NGML has approved an Investment of N30 billion .

The panel’s resolutions read: “The Managing Director of the Nigerian Gas Marketing Company Limited should appear to give details of the Gas sales and purchase agreements with Gas companies.

“The committee also expressed dissatisfaction with the attempt by the Group CEO of NNPC preventing  the committee of National Assembly  from directly over-sighting subsidiaries of NNPC which  the Petroleum Industry Act empowers the committee to oversight .

“The committee therefore resolved to use relevant provisions of the constitution to enforce the appearance of the MD if he fails to honour the invitation of the committee again”.