Shell Energy Entrepreneurs banner Yudala banner
Aso Rock deliberately making EFCC redundant and ineffective —Ibrahim •Indicts govt. over oil theft

By News Express on 05/12/2014

Share on facebook Yahoo mail icon Gmail icon

Views: 1,492


The Nigerian Government has been accused of deliberately making the Economic and Financial Crimes Commission (EFCC) redundant and ineffective.

The allegation was made by frontline political scientist and activist, Dr. Jibrin Ibrahim, while appearing as the premier guest of HEDA Resource Centre’s weekly tweet chat session (#MondayTango on Monday, December 1, 2014) which focussed on ‘Oil Theft and the Nigerian Economy’.

Dr. Ibrahim blamed the sharp increase in oil theft in the Niger Delta to the high level of corruption in the country, as well as the deliberate attempt in making the EFCC redundant and ineffective.

The Nigerian Government, according to him, does not have any active systems that could check the level of corruption in the oil sector, and the economy, in general. He went on to compare the contemporary Nigerian system with that of the First Republic, when, according to him, “stealing 5% of a project budget will take you to jail because systems were in place.”

Dr. Ibrahim described the current fall in oil prices as a welcome development, saying that its sustainability would ensure accountability and a return to taxation by the political class.

In response to the question on the cause of irregular figures of bpd lost to oil theft, Dr. Ibrahim stated that rentiers deliberately give different figures as a means of covering the active level of corruption in the sector. He cited Angola as one of the countries where accurate figures are always given because the country (Angola) “placed metres on all pipelines so they know (the) exact production” of oil.

Dr. Ibrahim stressed the fact that the Nigerian Government has refused to follow the footsteps of the Angolan Government in this regard, even though the metres, if placed, would help monitor the production and export of oil from the country.

The activist opined that the ruling class (Presidents inclusive) in the country has been the only beneficiaries of oil exploration activities. He buttresses this point by stating, categorically, “how an American court judgement showed that an oil company bribed four successive Nigerian presidents.”

Dr. Ibrahim rounded up the session by stressing that the Nigerian Government is not transparent in its fight against oil theft. “The Nigerian Government exists on the basis of deepening oil theft,” he declared.

•Photo shows Dr. Jibrin Ibrahim.

Source News Express

Posted 05/12/2014 6:15:06 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

 

You may also like...
Fasoranti beats retreat, withdraws resignation as Afenifere Leader...

Army recalls over 3,000 soldiers sacked in connection...

HURIWA condemns attempt on Stella Oduah’s life, cautions...

Government renames Petroleum Industry Bill, soon to submit...

BREAKING: Okonjo-Iweala joins US investment bank •Also bags...

Teenager sentenced to death for GSM theft regains...

Kogi orders schools’ closure for guber election

Nigeria must support SMEs to generate wealth —Dogara...

Business mogul Okoya-Thomas of Asoju Oba fame reported...

N179bn debt: Aregbesola has mortgaged Osun State future,...

FG unfolds plan to create Special Force to...

Jonathan promises to upgrade Maritime Academy to university...

 

Latest News Gas explosion kills Rotary Club President Manufacturers seek patent for generator that does not use fuel or gas UN Security Council may over-rule US on Jerusalem SERAP queries Buhari over $1bn Boko Haram fund Taraba Governor raises alarm over plan to attack state The highest bidder won 2017 Anambra governorship election — South East CLO •Says democracy in danger Tinubu declares opposition dead in Oyo State PDP, APGA bicker over court verdict on Anambra Central Senate seat ‘Love Jihad’: Outrage as Indian court issues tough guidelines on religious conversions, inter-faith marriages Prof. Akin Oyebode’s ‘Exogural’ at 70, By Tony Iyare Buhari at 75: Why God kept him alive, By Femi Adesina ECOWAS Heads of State meet in Abuja

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (301,948 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (286,739 views) Shameless Genevieve Nnaji exposes breasts in public (231,464 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (194,012 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (183,783 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (170,958 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (147,678 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (132,818 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (131,046 views) Lagos plane crash: Journalist releases victims’ names (119,490 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (115,866 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (112,684 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (33) Business (2,825) Business Verdict (30) Columnists (779) Complaints & Requests (94) Enterprise & Opportunities (195) Entertainment (421) Features (528) Global Business Monitor (198) International (1,694) Interviews (138) Live Commentary (28) Love Matters (93) News (31,088) Opinion (845) Pidgin (9) Politics (4,227) Religion (654) Sports (1,382) Stock Watch (25) AMA & Al Jazeera Global Update

 

CBN Banner advert

CBN Words on marble

 

 

MOBO Awards

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!