House sub-committee says petitioners failed to substantiate allegations against the company’s licences covering Lagos, Ogun, Oyo, Osun and Lekki Free Trade Zone.
The House of Representatives has dismissed a petition seeking the cancellation of gas distribution licences issued to NIPCO Plc, ruling that the allegations against the company were not substantiated.
The petition, filed by the Nigerian Energy Security Watch Group, challenged licences granted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for operations in Lagos, Ogun, Oyo and Osun States, as well as the Lekki Free Trade Zone.
However, a sub-committee of the House Committee on Petroleum Resources Downstream, chaired by Representative Peter Aniekwe, said its investigation found no evidence of wrongdoing, describing the petition as hearsay and lacking in substance.
The panel maintained that licensing falls within the statutory responsibilities of the NMDPRA under the Petroleum Industry Act, while affirming that the House would continue to exercise its oversight powers in the public interest.