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HomeNewsSENATE SUMMONS GAS MARKETING COMPANY MD OVER PURCHASE AGREEMENT

SENATE SUMMONS GAS MARKETING COMPANY MD OVER PURCHASE AGREEMENT

The Senate has summoned Justin Ezeala, the Managing Director of Nigerian Gas Marketing Company over gas sales, purchase agreements, pricing with various companies, and non-compliance with due process in the Auto Compressed Natural Gas Project with NIPCO Gas.

The Senate, through its Committee on Gas, on Wednesday requested the details of gas sales and purchase agreements with gas companies.

The committee chaired by Senator Jarigbe Jarigbe issued the summons after a closed-door session with committee members at the National Assembly.

In its resolutions at the end of the meeting, the committee also expressed dissatisfaction with the decision of Group Chief Executive Officer of Nigerian National Petroleum Company Limited Mele Kyari, to prevent the National Assembly Committees from overseeing subsidiaries of NNPCL.

The committee further demanded financial records on the Auto CNG Project with NiPCO, where NNPC Gas Marketing Limited has approved an investment of N30bn.

The Senate had last week met with the Minister of State for Petroleum Resources (Gas), Ekperipe Ekpo, and requested that he provides the committee with important documents from the organisation to allow for proper 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.

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