The National Assembly, through a joint committee, is set to investigate allegations of economic sabotage within Nigeria’s petroleum sector. Senator Opeyemi Bamidele, the Senate Leader, confirmed the joint effort, emphasizing concerns regarding crude oil theft, inefficiencies in refineries, and disruptions in fuel supply.
In a statement signed by Bamidele on September 23, he announced that the investigation will now involve both the Senate and the House of Representatives. He stated, “The National Assembly will revisit its decision to decisively address challenges in the petroleum industry.”
Key focus areas for the investigation include ongoing issues like crude oil theft, the suboptimal performance of public refineries, and the importation of substandard petroleum products. Bamidele clarified that the Senate had not suspended its probe but had merely postponed its public hearing to address procedural matters.
“Today, both chambers of the National Assembly will resolve the issues and possibly constitute a joint committee to continue the investigation,” he added.
Additionally, Bamidele mentioned that the legislature is set to receive the new Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), which are essential for preparing the 2025 Appropriation Bill. The review of the 1999 Constitution also remains a significant priority, with efforts focused on restructuring governance in the country.