Senate has raised an alarm over the influx of substandard Premium Motor Spirit (PMS) popularly known as Petrol, and Automotive Gas Oil (AGO) or diesel into the Nigerian market.
The Red Chamber also directed its relevant Committees to investigate the continued importation of hazardous petroleum products, and dumping of substandard diesel into the country.
The probe, which was raised as a matter of urgent public importance, followed a Motion by Senator Asuquo Ekpenyong.
As the Lawmakers expressed displeasure over what they described as sabotage and a clear failure of the objectives of the Petroleum Industry Act, the Upper Chamber asserted that those found culpable in the illicit act must face the wrath of the law.
President of the Senate, Senator Godswill Akpabio corroborated views by other Lawmakers, that issues raised within the Petroleum Industry Act should be reviewed, not as an act of witch-hunting anyone, but to set the records straight.
The Panel to investigate the allegation, chaired by the Senate Leader, Senator Bamidele Opeyemi has been given three weeks to report back to the Senate in Plenary for further legislative input.
