The House of Representatives has vowed to ensure transparency, accountability and effective implementation of the Federal Government’s Naira-for-Crude Oil Policy.
Speaker Abbas Tajudeen made this vow at the inauguration of the Ad-hoc Committee on the Implementation and Oversight of the policy.
Abbas described the exercise as a crucial step toward strengthening efficiency and transparency in Nigeria’s energy sector, stressing that the committee has a vital responsibility to monitor implementation, ensure inter-agency coordination, and evaluate the policy’s effectiveness.
“The House expects nothing less than a thorough, impartial, and well-documented process that contributes to the stability of our economy,” Abbas said.
While highlighting the policy’s far-reaching implications for foreign exchange stability, revenue generation, and energy security, the Speaker noted that a comprehensive review will determine whether its goals are being met and identify necessary adjustments.
Credit: dailypost.ng
