Leaked Ribadu report: “Demon of corruption sucking the blood of Nigeria” – ANPP

Mallam Nuhu Ribadu. Photo: leadership

Mallam Nuhu Ribadu. Photo: leadership

The leaked Nuhu Ribadu-led oil Revenue Task Force Committee report, which exposes rot in Nigeria’s oil sector, has drawn criticisms from the presidency and different parties.

The report

According to the confidential report seen by the Reuters news agency, a total of $183m in signature bonuses paid by oil companies to the federation is missing.

Nigeria may also have lost $29billion in the last decade in the sweet-heart gas deals with major oil companies, such as Shell and Total, just as crude oil theft is reaching an alarming level of 250,000 barrels daily at a cost of $6.3billion a year.

ANPP statement

However, the All Nigerian People’s Party (ANPP) on Sunday labelled the Nigerian National Petroleum Corporation as a haven of corruption in the country, calling for prosecution of the indicted officials, private individuals and multinationals which participated in the oil sector swindle.

In a statement signed by its National Publicity Secretary, Chief Emma Eneukwu, ANPP said the Presidency had something to hide by refusing to make the report public.

It said, “We wish to ask whether the report of a forged Export Clearance Permit of more than one and a half billion dollar is also suspicious.

“Or the letter written by the Minister of Trade and Investment, Dr. Olusegun Aganga, to President Goodluck Jonathan, promising to investigate the source of the discovered fake document in his ministry and brief the president accordingly (is also fake).

“On the other hand, we believe that the people have a lot to fear from the government if 24 million barrels of crude oil can afford to leave the shores of this nation under suspicious circumstances.

“We are also aware that coupled with the Reuters report of the deep graft in the NNPC, what we are faced with is capable of ridiculing us in the comity of nations.”

The party called on the National Assembly to ensure that the “so-called committee set up to look into the Ribadu Committee’s report does not cover up vital facts which will help to exorcise the demon of corruption sucking the blood of this great nation with NNPC as the siphon.”

NOTE: Reuters had on Wednesday quoted extensively from the report, which it said was confidential.

The Reuters report was widely quoted in the local media on Thursday.

The 146-page report, according to the international news agency, had stated that a total of $183m (N28.73bn) in signature bonuses paid by oil companies to the federation was missing.

The report said that Ministers of Petroleum Resources between 2008 and 2011 handed out seven discretionary oil licences, but that $183m in signature bonuses was missing from the deals.

Three of the oil licences were said to have been awarded since the current minister, Alison-Madueke, took up her position in 2010.

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