Senate to probe $10 million gas supply contract awarded by Buhari administration

The Buhari administration awarded the contract to a private firm, Acugas Limited, in 2017 to supply gas to the Calabar Generation Company...

This followed a motion moved by Aniekan Bassey at the plenary presided over by the Deputy Senate President, Barau Jibrin, on Thursday.

The Akwa Ibom senator revealed that the agreement on the gas supply contract was that the federal government would commit over $10 million monthly to Acugas Limited for gas supply to the Calabar Generation Company Limited. Mr Bassey, therefore, asked the senate to mandate its committee on power when constituted to probe and unravel the parties involved in the gas supply, payments made so far, the status of the gas supply agreement and interrogate all authorities involved in the project.

Mr Abass noted that the outcome would help the senate contribute to the country’s development if the agreement could be probed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PremiumTimesng /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate condemns concessioning of Abuja, Kano airports by Buhari administrationThe Abuja and Kano International Airports were concessioned to Corporacion America Airports Consortium two weeks before the exit of former...
Read more »

APC NWC rejects Senate, Reps principal officersThe National Chairman of the All Progressives Congress (APC), Senator Abdulahi Adamu, Tuesday, said that the National Working Committee (NWC) has no input
Read more »

All principal officers of 10th Senate [Full list]Senate President Godswill Akpabio today announced the names of eight lawmakers as majority and minority leaders for the 10th Senate. The majority leaders
Read more »

Senate to constitute special, standing committees before July ending — BamideleMr Bamidele also said with the leadership of the Senate in place, it will soon screen the service chiefs appointed by President Bola Tinubu on 19 June.
Read more »

Emergence of Senate Minority Leader, others most fraudulent – MaidokiThe Senator representing Kebbi South Senatorial District, Garba Musa Maidoki on Tuesday lamented the emergence of the 10th Senate Minority Leader, Senator
Read more »