Loading...

Nigeria - President Jonathan Under Pressure To Act On Ribadu Report - Reuters

Nigerian President Goodluck Jonathan is coming under increasing pressure to tackle government corruption after an oil probe released last week showing billions of dollars of lost state revenues sparked a political row.
Reuters exclusively reported details on October 24 of former anti-corruption chief Nuhu Ribadu's report on the oil sector, which showed Nigeria had lost tens of billions of dollars in cut-priced deals struck between government officials, the state-oil firm and multinational oil companies over the last decade.

It also found hundreds of millions of dollars of oil bonuses and royalties paid to government were missing.

Nigeria is one of the world's top crude oil exporters and a key supplier to the United States, China and India. It also holds the world's ninth largest gas reserves and one of its largest Liquefied Natural Gas export terminals.

The Ribadu committee report was presented to the Oil Minister Diezani Alison-Madueke, who commissioned the probe, in August but it was not made public or sent to the president. Once it had been leaked Jonathan requested it be given to him.

Alison-Madueke told Reuters the leaked independent report was a draft, it contained mistakes and the government needed to give input. Two members of Ribadu's committee were then quoted in local newspapers dismissing findings in the probe.

But when Ribadu presented the report to Jonathan on Friday the probe chairman said the report would not be changed and that the deriding committee members were "compromised" after being given top jobs at the Nigerian National Petroleum Corp (NNPC), the biggest stakeholder in the industry they were investigating.

"Even though the chairman (Ribadu) said that committee members became board member of NNPC, that does not disqualify them from being members of committee ... There is nothing wrong in any of them been appointed," Jonathan said in reaction.

But his political opponents disagree.

"Both men should have resigned ... the moment they were given the plum jobs (at NNPC)," the Action Congress of Nigeria, a major opposition party, said in a statement on Sunday.

"The fact that they stayed on ... is the clearest indication yet that they were meant to play that exact role of spoilers."

The Nigeria Extractive Industries Transparency Initiative (NEITI), part of the global EITI scheme aimed at improving transparency in commodity industries, added its voice to calls for government to take action and not bury graft reports.

"Had the remedial issues identified by the NEITI audit reports been dealt with ... some of the issues necessitating and identified by these probes would have since been dealt with," the agency said in a statement on Monday.

The agency found $9.8 billion of missing government revenue in its own audits of the oil sector for the period 1999-2008 and said there was "no sufficient effort to recover the funds."

Ribadu's probe was one of several set up after more than a week of nationwide strikes in January, which began as protests against the removal of petrol subsidies but morphed into a campaign against widespread corruption in the oil sector.

A parliamentary report in April found mismanagement and theft by top Nigerian officials involved in the corrupt fuel subsidy cost the country $6.8 billion. ž

Nigeria has arraigned some fuel marketers but has not taken action against government officials. Jonathan said the Ribadu report was not meant "to investigate anybody in government."
Nigeria 1208645422344191583

Post a Comment

emo-but-icon

Home item

Popular Posts

Labels

Current News Nigeria Africa BREAKING NEWS Boko Haram Terrorism Entertainment Goodluck Jonathan South Africa Business Big Brother Africa Mali Egypt AFCON Elections Sudan Abubakar Shekau Zimbabwe Libya Somali FIFA Barack Obama Chelsea Al-Qaeda Syria Mandela Senegal African Union Lagos Manchester United Tunisia Uganda Patience Jonathan Central Africa Jose Mourinho Barcelona Jacob Zuma Stephen Keshi Algeria Dangote Ethiopia Malawi Nigerian Army Oscar Pistorius Zambia Big Brother CHASE Celebrity Saudi Arabia Ansaru Arsenal Mikel Obi Liberia Muslim Brotherhood Olusegun Obasanjo Pope Benedict XVI Okonjo-Iweala Amnesty Argentina Congo North Korea Queen Elizabeth II Robert Mugabe Sierra Leone Angola Buhari Dana Twitter APC Adenuga Alex Ferguson Aljazeera Boston Marathon David Mark EFCC Henry Okah Morsi Sanusi Togo #OccupyNigeria Arik Air Arsene Wenger Basketball Cristiano Ronaldo Current Views Spain UEFA Champions League Uhuru Kenyatta Yobe Babatunde Fashola COZA Drogba Michelle Obama Morgan Tsvangirai Tanzania Wole Soyinka Bakassi Peninsula Mark Zuckerberg Middle East Mozambique Neymar Roman Abrahamovich World Bank World Cup ANC Al Ahly Al Shabaab Aliko Dangote Angelina Jolie Bayelsa Big Brother Star Game Burkina Faso Chevron D'Banj Don Jazzy FELA Farouk Lawan Kim Kardashian Michael Jordan Mike Tyson Peter Odemwingie Sepp Blatter Singapore Social Media Sokoto Super Eagles Swaziland Tiger Woods WhatsApp Yahoo Asari Dokubo BBC British M16 CBN Danbaba Suntai David Beckham Ernest Koroma Fabrice Muamba Femi Falana Hezbollah Julius Malema Kabiru Sokoto Kanu Nwankwo Lesotho Michael Jackson Osama Bin Laden Pope John Paul II Sani Abacha Somaliland South Korea Susan Rice Taraba Yakowa Yemen Yvonne Ndege Zamfara Zaria

Random Posts

Flickr Photo