Thursday, 23 May 2013
NNPC Under PDP, “Cesspool Of Corruption,” CPC Says
By SaharaReporters, New York
The Congress for Progressive Change (CPC) has called for the implementation of the Nuhu Ribadu-led oil revenue task force, warning that Nigeria being a mono-economy, the government must be seen to be supporting efforts at maintaining probity in the oil industry.
In a press statement signed by Rotimi Fashakin, the party’s National Publicity Secretary, CPC noted the highlights of the report as follows:
• N86.6 Billion in cash from generous exchange rates over the 10-year period had disappeared.
• The NNPC had been getting 445,000 barrels per day of crude oil for local refining and consumption but had been selling itself this oil at cut-down prices, a practice that had cost Nigeria $5Billion in potential oil revenue in the same period.
• Nigerian oil ministers (between 2008 and 2011) handed out seven discretionary licenses, with $183million in signature bonuses missing from the deals.
• $1.5 Billion (in unpaid royalties) owed by Addax.
• N137.57Billion debt owed by Shell for gas sold.
• Nigeria is the ONLY Nation to sell all its crude through
International oil traders rather than directly to refineries, deals
usually enmeshed in opacity.
“The corruption in the oil industry has reached the crescendo in the 13-year reign of the People’s Democratic Party (PDP) with unbudgeted trillions of Naira (ostensibly used in corrupting the electoral process in 2011),” the statement said, adding that the infernal nature of the corruptive tendencies in the industry (under PDP) is seen in the pains inflicted on the Nigerian people in getting unfettered access to petroleum products for their daily needs.
Furthermore, it noted that despite a six increments in the pump price of petroleum products between 1999 and 2007, PDP governments seem unfazed about hurts and the pains inflicted by the heist and the deliberate purloining of the nation’s oil resources under their watch. “It is, without doubt, the reason that a new generation of people has been ennobled into the super-rich Nigerians, on behalf of the rest of us,” CPC said.
The party also expressed bewilderment that a report submitted to the Minister of Petroleum resources, Mrs Diezani Alison-Madueke since late August is still said to be a mere draft, without clear timelines on when the final document would be submitted.
“Is the Honourable Minister showing, with her body language, that this administration is only interested in laying subterfuge for an anti-corruption war in the oil Industry that it does not intend to pursue with scrupulous diligence?
“The CPC Party has always postulated: the Jonathan administration is not only the most corrupt in the nation’s history but it is also capable of throwing the Nigerian state into unrecoverable downward spiral of economic depression,” the statement said.
The Goodluck Jonathan government set up the 21-member panel, under the leadership of the former chairman of the Economic and Financial Crimes Commission, Ribadu, following last January’s nationwide protests against the sudden hike in fuel prices.
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WE ARE WATCHING.
Submitted by BB. KATANGA (not verified) on October 31, 2012 - 09:08.
Congressionally the crwd that formed CPC is watching all with interest and recording all with ZEAL. Come 2015 the whole truth will be unfolded. Whether na oil subsidy stealling or diversion all we are saying is 2015 will cast back to 1960s verify and vet out all concern for the betterment of good nigeria.Nigerians shud not loose hope with current situation CPC will better all for the common citizens of nija in Gods name ameen.
CPC under Allah & in Nigeria "cesspool of criminals"
Submitted by John Joda (not verified) on October 29, 2012 - 06:15.
CPC (criminal peoples' congress) your advice is not needed. When your leader (the weeping general) was military Head of State C-in-C; Minister of oil & Chairman NNPC what did he do in the direction of curbing corruption in the oil sector, nothing absolutely. Remember missing #2.8bn and 45 giant diplomatic suit cases of USD & GBP oil proceeds brought into the country. Kettle calling pot black. CPC never will rule Nigeria. CPC, Tunu
bu & PDP (BH minded) legislators give GEJ space to work. After all, ALL the blood-chilling revelations we are hearing & seeing is a direct result of GEJ administration's actions. True or false!
N.N.P.C ; Govt n US. Na Wee Wee.
Submitted by Jege Dem (not verified) on October 29, 2012 - 03:56.
dont blame the president. blame yourself. the people is the government and u are a part of that "people". so when the people fail to rise and correct the government of the people. the people itself has failed the government and therefore are complicit in its demise.
Jonathan is a hypocritical leader!!
Submitted by Monday Da Great (not verified) on October 28, 2012 - 15:38.
How can a sitting president promised his citizens that he is fighting corruption but, all around him are political armed rubbers in economic team disguise? Wether you like it or not, Ribudu's report will not see the light of the day. If the president is sincere with the fight against corruption, he should demonstrate it by disolving his economic team. All the HIGH ThIEFS in this country are members of his economic team...Presido stop deceiving us!!!
mad talk from you
Submitted by Anonymous (not verified) on October 28, 2012 - 15:34.
mad talk from you
Rubbish! Often believe
Submitted by DERI (not verified) on October 28, 2012 - 14:50.
Rubbish! Often believe leaders of these political parties hardly ever put on their thinking cap when handling national issues! Was PDP in power when IBB created the fuel subsidy thing over 25 years ago? Would they want to have ex ministers of petroleum resources like buhari , jubril aminu and rilwanu lukman properly investigated-b4 asking 4 the head of the current ijaw minister of the oil sector in the south south of (their) Nigeria?
Aluu 4 died allegedly because of stolen phones and laptop
Submitted by olumuyi (not verified) on October 28, 2012 - 14:45.
just see the massive sum of money we are talking about here. kai, God save us or better still God save our children. We deceive ourselves with statements like whatever they sow they will reap but as true as that may be, who will clean up the holocaust they are leaving behind? It's not about 2015 my friends but who will lead us to look back in order to go forward. If 4 boys can die in a community because the people claimed they stole phones and laptops why under God's green earth is diezani's picture all over the net as 'the best oil minister nigeria ever had.' And we are watching. low down dirty shame!
Jonathan for LIFE........Jona is not a cowardly Yoruba man
Submitted by akpos1 (not verified) on October 28, 2012 - 13:30.
Great Jona will lead and WILL complete his maximum 8yrs, whether Boko Raram bombs every second or not. Those who don't want to hear that like Tinubu & Buhari, can go to hell because there is still space in hell for people.
I am sure IBB & Sultan Dasuki or Maccido will have realized that BHaram has to effect on Jona. In fact, Jona doesn't give a damn. You see, IBB et al sponsoring BHaram calculated wrongly. They forgot that Jona is not a cowardly Yoruba man who will abdicate power. They thought him weak, so they said, but they are fools not to realize that Jona is a 100% SS citizen and full blooded Ijaw - A people to whom cowardice is alien.
God bless and continue to bless the GOLDEN South South and South Eastern Countries of Continent Nigeria.
Long live Jonathan Jona
Long live Patience Pat
Long live the Ogoni Republic
Long live the SS & SE republic
Click! Click!! Click!!
Submitted by Anonymous1 (not verified) on October 28, 2012 - 12:28.
The clock is ticking. They will pay dearly for their crimes against the Nigeria people.
Thank you Sahara Reporters for the good work of exposing the ills of that corrupt nation. The most powerful tool (journalistic) to conquer enemies of progress is what you have at your disposal.
We in the diaspora are watching as the events leading to the turning point unfolds and the new generation of Nigerians become free from these blood sucking pests, who are running the abundant resources of the nation dry.
Their day of reckoning is at hand.
PDP!!!!!!!!! POWER!!!!!!!!
Submitted by Anonymous (not verified) on October 28, 2012 - 12:20.
MR PDP. You must be the most stupid and most nasty individual in Nigeria today. Is senator Nduma a CPC member? What about Sen Zanna? No CPC member has been indicted in connection with terrorism. Are those disappointers standing as witnesses,presenting conflicting statements in South Africa in Henry Orkar Case CPC members. May Almighty Allah curse you and your remnants that are adamant on making the poor Nigerians suffer. May your 10th generation not see peace. May you not have a place of rest. Evil and adulterous generation of killers under one umbralla.
The CPC pen looks like an
Submitted by Gideon Orkar (not verified) on October 28, 2012 - 11:46.
The CPC pen looks like an arrow that abokis use in killing people
NNPC CORRUPTION
Submitted by PERFECTION (not verified) on October 28, 2012 - 10:50.
ZAKI TRUTHFUL. IT IS TRUE GOD IS WATCHING BUT WE HAVE TO RISE UP. WE SHOULD NOT FOLD OUR ARMS AND PRETEND MANNA WILL FALL FROM HEAVEN.WE MUST FIGHT FOR THE INJUSTICE BEEN COMMUNITED BY OUR SO CALLED LEADERS ON A DAILY BASIS. THIS IS THE MOST CORRUPT ADMINISTRATION THAT HAS EVRR HAPPEN TO THIS COUNTRY. GOD FORBIT.
Nnpc corruption
Submitted by Zaki Truthful (not verified) on October 28, 2012 - 09:00.
We have severally asked for how this daily crude oil that is meant for local refineries is used and accounted for. Nobody is readu to say anything, the fact is that if properly managed we have no business in buying expensine refined oil from shylock bizmen. This is part of the consipiracy to loot our treasury. God is Watching.
PDP must go 2015!
Submitted by Anonymous (not verified) on October 28, 2012 - 07:50.
Let's just pray nd hope that de opposition paties ll form allaince and produce de best candidates to stair de affairs of this nation.
What will be Jonathan`s achievement at the end of his tenure
Submitted by Anonymous (not verified) on October 28, 2012 - 05:51.
At the end of his tenure, will Jonathan be able to point to one sector of the economy that he fixed. We are aware that the Oil and Gas sector is so important to this country but how is it being managed? Nigeria`s oil is being exploited by foreign Companies, the rest of the monies goes into private pockets through corrupt means. No laws guiding the sector, even the so called PIB does not have a regulator, all the powers is vested in the office of Minister instead of the institutions. Am so ashame of this present Government.
It is obvious pdp will field
Submitted by Netanyahu (not verified) on October 28, 2012 - 04:47.
It is obvious pdp will field this goathead again in 2015 and he will win with a 'landslide'. The question is what are opposition parties doing to save us from satanic grip of these pdp rouges? Your selfish disposition makes it difficult for Nigerians to support you. You can complain to high heavens without any concrete plan or effort at how to dislodge this gang of rapers from power and they will be there for the 60 years the promised.
NNPC
Submitted by Akwoba (not verified) on October 28, 2012 - 03:34.
I'm still baffled at why that Ribadu committee was set up. Does this government want Nigerians to realy find out what is going on in the sleazy NNPC? Ribadu's committee report will never see the light of the day. It will ever remain a draft. Howver one day, not long from now when the Nigerian masses will get tired of being hurt by thir government, such reports shall be of value.
CPC Cesspool of Terrorists
Submitted by Tony h (not verified) on October 28, 2012 - 03:04.
CPC is a cesspool of terrorist and Youth Copper killers.
