By Aaron Ossai
Corporate Affairs Commission, CAC has told the House of Representatives ad-hoc committee investigating subsidy regime payments from 2013 to 2022 that the profiles of 23 oil companies trading in Nigeria and being used by the Nigerian National Petroleum Corporation, NNPC were not known to it.
NNPC had listed the companies among others being used to export crude oil and important finished petroleum products under it’s Direct Sales, Direct Purchase, DSDP system.
In it’s investigation, the Committee had written to CAC to confirm the status of over 50 oil companies given by NNPC but CAC replied that there are no records of 23 out of the 50 oil companies with them.
Reacting to the development, the Chairman of the committee, Hon. Mustapha Ibrahim Aliyu at the resumed hearing of the committee with a couple of oil companies in attendance to explain their role in the deal with the Nigerian National Petroleum Company, NNPC Limited, said that NNPC has srious questions to answer.
Aliyu who read a list containing the name of the individual companies explained that a communication from the Corporate Affairs Commission, CAC, on the request of the committee came back without any information on the affected companies.
He said that the Committee will write to the embassies of the companies which he said were mostly expatriates to provide the details of their profiles.
The letter with Ref. RGO/SU/VOL.5/2022/0248 dated 13TH July, 2022 signed by Maimunat Hamu.M on behalf of Register-General read as follows “Kindly refer to your letter Ref: NASS/QHR/AHC/PPSRIM1/1H/01/051 dated 1st July, 2022 on the subject matter above.”
“Please be informed that we could not readily find information on the exact names of the following companies as provided in our record.
“Emadeb Consortium; Britania-U Nig. Limtted; Totsa Total Ol Tradings SA; Petroleum Trading Nigeria Limited; Mocoh S.A; Socer Worldwide; Calson Bermuda Ltd; Hyson; Litasco S.A; Mercuria Energy; Cepsa Lubricant; Trafigura Pte; Vitol S.A; Ocanbed Trading Limited; Bonno Energy; West Africa Gas Limited; Petrogas; Matrix; Masters Energy; Amg; Barbedos; Hindustan and Patermina.
“However, you may wish to provide the registration numbers or any other available documents at your disposal to enable us investigate further.”
