Nagendra Verma, the Managing Director of NIPCO Gas Limited, disclosed this during an interaction with newsmen on Sunday in Lagos.
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The Committee chaired by Senator Jarigbe Jarigbe decided to summon the chief executive of the company after a closed door session of committee members at the National Assembly.
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu Depot, said it has not called on members over any form of revalidation with respect to its shares in NIPCO PLC.
It said the partnership was part of its commitment to reducing carbon footprint and providing cheaper fuel to motorists.
Speaking during a surveillance Tuesday, Ibrahim Isah, Deputy Director, Legal Metrology in the agency, said most filling stations visited are short-changing consumer.
The police on Wednesday arraigned a 48-year-old logistics officer of NIPCO, Mairiga Umar, in a Yaba Chief Magistrates’ Court for allegedly stealing four trucks of Premium Motor Spirit valued at N17.7million from the company.
According to PENGASSAN, these oil and gas companies are notorious in the practice of casualization, contract staffing, outsourcing and off-shoring of jobs as well as other unfair labour practices and under-hand tactics in their Labour relations activities.
NPMC was unbundled from Pipelines and Products Marketing Company under Dr Ibe Kachikwu when he was the Group Managing Director of NNPC.
It was driven by price growth posted by Mobil Oil following NIPCO complete acquisition
Correspondents of the News Agency of Nigeria who monitored the strike in Lagos observed that all tank farms in Apapa were empty and without the usual loading of products associated with depots
The source said: “The meeting took place at Abuja on Thursday, April 3, where all the aggrieved parties were represented
Abidemi Agunbiade, the Chairman of a concerned group of the Independent Petroleum Marketers Association of Nigeria, expressed worries over the looming fuel scarcity in an interview with the News Agency of Nigeria in Lagos