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The House of Representatives Ad-hoc Committee has launched an investigation into the N413 billion funds borrowed from the Central Bank of Nigeria (CBN) for subsidy payments.   The Committee also asked the Nigerian Government to suspend all Direct Sales Direct Purchase (DSDP) contracts with the subsidy removal, while urging the Nigerian National Petroleum Corporation Limited (NNPCL) to act by the provision of the Petroleum Industrial Act (PIA) to ensure that the country is not sub-changed in production, lifting and sales of crude.  

Ibrahim mustapha aliyuHouse of representatives committeePetroleum products subsidy regimeAdhoc committeeNational assemblyPetroleum industrial actNigerian national petroleum corporation limitedCentral bankRepresentatives ad hoc committeeNigerian governmentDirect sales purchaseDaily trustFederal governmentTransport systemCheaper fuelInvestigative reporting