The House of Representatives has mandated its committee on industry to investigate allegations of alleged sharp practices and fraud in the operations of the Industrial Training Fund especially on the utilization of its funds from 2010 till date.
The house noted the failure of the industrial training fund to pay allowances to students who took part in the students industrial training scheme after funds have been released for the purpose.
The committee on industry is to investigate the utilization of funds allocated to the ITF and report back within four weeks for further legislative action.
Also the House committee on Gas and Petroleum Resources (upstream and downstream) has been directed to interface with the Ministry of Petroleum resources and Department of Petroleum Resources on Governments Policies and Regulatory rules to actualize the 2020 deadline for gas flaring.
The lawmakers called for increased fines and penalties on any defaulting multinational oil company that fails to curb gas flaring.
The house committee on gas resources, petroleum resources upstream and downstream is expected to report back within eight weeks for further legislative action.