Missing $20bn oil fund: Civil Society demands action from Jonathan

President Jonathan12 February 2014, Lagos – The Say No Campaign-Nigeria and its allies have called on President Goodluck Jonathan to demonstrate genuine anger for the alleged stealing of oil revenue in Nigeria as shown by reports on the sector.

The group also wants the Senate Committee on Finance currently investigating alleged unremitted oil revenue to be thorough in the exercise.

The committee should also make recommendations on how best to deal with general challenges of non-remittance by agencies of government and for it to galvanise appropriate support for the speedy passage of the Petroleum Industry Bill (PIB), among other pleas, the group said.

Addressing a press conference yesterday in Abuja Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC) Auwal Musa Rafsanjani said the civil society in Nigeria was deeply concerned about the uncertainties the unfolding events have created in the country just as he lamented the seeming failure of institutions named in the issue to responsibly address the concerns.

He said the groups support for decisive action stem from the recurring leakages that have been identified in the series of reports of government commissioned committees, panels and task forces on oil and gas revenue management in Nigeria.

These include the four NEITI oil and gas audit reports (1999-2004, 2005, 2006-2008 and 2009-2011), KMPG report on process and forensic review of the NNPC, the House of Representative Ad-Hoc Committee Report on Fuel Subsidy regime among other reports.


– Daily Trust

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