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Wednesday 4 December 2013

2014 budget: Reps rebuff bribery allegations for fixing oil benchmark

The House of Representatives yesterday debunked allegations that each legislator received $100,000 to peg the benchmark of the 2014 budget at $76.5 per barrel of crude oil.

Speaking with reporters after the closed door-session, the Deputy Chairman of the House Committee on Media and Public Affairs, Hon. Victor Ogene, said members did not fight over the issue at the closed door session as alleged by some people.

“Seriously speaking, you all saw us when we came out, smiling. The issues I told you clearly were between those who insisted that the benchmark remains at $79 and those, who feel that it was okay at $76.5,” he said.

He said neither did they receive any bribe from the Presidency over the benchmark.

The benchmark has been a source of contention between the Presidency and the Lower House with the latter insisting on $79 per barrel as against the Senate’s adoption of $76.5 per barrel.

The bribery allegation followed a meeting the lawmakers had with President Jonathan on the issue

Source

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