Whether there is a trading unit operating within the Strategic Fuel Fund; if so, can her department provide to Mr G Mackay (a) a copy of a ministerial determination that established the trading division and (b) the full list of trades that have been executed since the establishment of the trading unit?
(a) We can confirm that Strategic Fuel Fund has a trading unit. Minister received a request from SFF and an approval was granted by the then Minister and (b) Trading of crude oil allocation from the Nigerian National Petroleum Company.