Newsexpress banner Camano banner
30 civil society groups challenge Senate, Jonathan on missing oil $billions

By News Express on 12/02/2014

Views: 2,647

A coalition of 30 civil society groups across Nigeria has challenged the Nigerian Senate and President Goodluck Jonathan to act fast to put in place measures to clean up the mess in the country’s oil and gas sector.

Acting under the aegis of Say No Campaign–Nigeria, the coalition in a statement issued yesterday in Abuja, the Nigerian capital, specifically demanded action on the missing oil revenue put at between $10.8 billion and $49.8 billion. Below are excerpts of the ‘Civil Society Statement on Senate Committee Probe on Non-Remittance of Oil Revenue to the Federation Account’ issued on behalf of the Say No Campaign–Nigeria by Auwal Ibrahim Musa Rafsanjani of the Civil Society Legislative Advocacy Centre (CISLAC):

“The Say No Campaign–Nigeria and its collaborating civil society partners have followed with keen interest the ongoing probe of non-remittance of oil revenue to the Federation Account by the Ahmed Makarfi-led Senate Committee on Finance. This is on the heels of revelations made through a letter communicated by the Governor of Central Bank of Nigeria (CBN) to the President on the same issue. At the heart of the probe and letter is the Nigerian National Petroleum Corporation (NNPC) that is allegedly responsible for the non-remittance initially put at $49.8 billion, but had been narrowed down to different figures ranging from $10.8 billion to $20 billion.

“The Ministry of Finance that is overseeing the inter-agency reconciliation process is of the view that $10.8 billion is the sum yet to be reconciled. The initial CBN’s claim of unreconciled $12 billion based on a difference of $1.22 allegedly expended by the NNPC on fuel subsidy in the First Quarter of 2012, in violation of a directive to it to stop subsidy deductions effective end of December 2011 has since been raised to $20 billion. The Bank claimed the additional $8 billion comes from $6bn worth of crude oil NNPC shipped for the Nigeria Petroleum Development Company (NPDC), an upstream subsidiary of the NNPC, and another $2bn from “third-party” financing.

“The NNPC on its part claimed there was nothing in its coffer to remit to the Federation Accounts, arguing that the $10.8 billion that the Ministry of Finance said was yet to be reconciled was spent on kerosene subsidy and pipeline repairs, even though it is yet to show evidence of such use. While the Nigerian public has berated the NNPC for its unilateral action of spending $10.8 billion without due appropriation by the National Assembly (i.e. assuming it claim is true), the Corporation has argued that its action is within its mandate.

“Considering the enormity of the issues at stake, the quantum of revenue involved and its implications for transparent and accountable use of the country’s resources, The Say No Campaign–Nigeria and its allies in the civil society struggle for a better country are deeply concerned about the uncertainties that this has created and the seemingly failure of any of the institutions named in the issue to responsibly address the concerns raised. It is to this extent that we are strongly supportive of all the mechanisms and processes that can be employed to ensure that the truth regarding these remittances is brought to fore. This is all the more necessary in the light of 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. Prominent among these reports totaling almost a dozen and spanning one and half decades are:

“1. Four NEITI oil and gas audit reports (1999-2004, 2005, 2006-2008 and 2009-2011)

“2. KMPG report on process and forensic review of the NNPC

“3. House of Representative Ad-Hoc Committee Report on Fuel Subsidy regime

“4. Aig-Imoukhuede-led committees’ reports on fuel subsidy claims and payments (2)

“5. Kalu Idika Kalu-led committee report on the refineries

“6. Dotun Sulaiman-led committee report on Governance and Global Best Practices in the NNPC

“7. Nuhu Ribadu-led Petroleum Revenue Task Force report, and

“8. (Nigeria) Natural Resource Charter benchmarking report.

“The findings of all these reports have not only been validated by the New York-headquartered Revenue Watch Institute’s 2013 Resource Governance Index that measured the quality of governance in oil, gas and mining sectors of 58 countries around the globe and scored Nigeria low, it has also pointed to a consistent failure of the country to dispense with opacity and institutionalise transparency and accountability in the management of its oil and gas resources.

“To the above extent, Say No Campaign–Nigeria and its allied in the civil society struggle for transparency and accountability and good governance in Nigeria pray the Senate Committee on Finance currently sitting on this matter to:

“1. Thoroughly investigate the issues before it and establish the true state of affairs about the allegation of non-remittance of oil revenue by the NNPC

“2. Make practical recommendations – including the institution of interfaced and automated system among revenue collection agencies of government – on how best to deal with general challenges of non-remittance by agencies of government, the NNPC inclusive, to the Federation Account.

“3. Ensure a follow-up of the Senate and the entire National Assembly of the implementation of recommendations of the Committee, and

“4. Galvanise appropriate support for the speedy passage of the Petroleum Industry Bill (PIB) towards achieving sustainable reforms in the oil and gas sector.

“In conclusion, the Say No Campaign–Nigeria and its undersigned partners wish to extend this conversation beyond the on-going probe by the Senate Committee on Finance by placing demand on President Goodluck Jonathan to act in a manner that demonstrates genuine anger for the open stealing of oil and gas money in Nigeria as shown by the myriad of reports on this critical sector of the economy.”

•Photo shows President Jonathan.

Source News Express

Posted 12/02/2014 6:53:13 PM





You may also like...

Experts say states bound to pay salary arrears...

Cyber criminals a threat to economy, security of...

Flood hits Makurdi, ravages over 2,000 homes

Buhari urges African countries to uphold rule of...

Catholic priest kidnapped in Enugu found dead

Amaechi, creator of modern Rivers State —APC •Celebrates...

NEMA, aid agencies condole victims of Air Force...

Buhari versus Obi: As wicked men change style...

MMM Promoters in Nigeria (Part 2): Unmasking more...

Awka North LG Chairman’s thugs brutalise abattoir chairman...

Anambra declares stand on controversial Petroleum Industry Bill...


Latest News Jihadists kill Nigerian soldier, injure others Governors kick against LGs’ financial autonomy, write Buhari Ortom sanctions traditional ruler over threats to Cameroonian refugees Online Publishers faults attack on Delta Information Commissioner using the Forum’s programme “Frontline” Kidnappers kill Igbinedion University lecturer Students desert hostels in Imo over alleged police crackdown, extortion CAN Presidency: TEKAN leader joins race, says he is God’s choice •Set to slug it out with Ayokunle May 29: Ex-presidential aspirants, others threaten to boycott Buhari’s inauguration Boko Haram attacks Borno community, carts away food, provisions Nigerian doctor wins “Brain Tumor Research” award in U.S FG disburses N12.7bn to 3 health agencies Gov. Ajimobi restores 100 per cent state’s tertiary institutions’ subventions


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (480,199 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (419,462 views) Shameless Genevieve Nnaji exposes breasts in public (357,929 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (306,021 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (270,346 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (241,323 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (229,221 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (210,951 views) 10 cars more expensive than Jets (202,241 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (200,222 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (181,299 views) Lagos plane crash: Journalist releases victims’ names (181,235 views)


UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (91) Business & Economy (4,268) Business Verdict (71) Columnists (1,031) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (613) Features (752) Global Business Monitor (362) ICT Monitor (43) International (3,462) Interview (179) Live Commentary (29) Love Matters (161) Maggie's Blog (268) News (46,321) Opinion (1,242) Pidgin (17) Politics (10,798) Religion (1,003) Sports (2,007) Stock Watch (39) AMA & Al Jazeera Global Update






APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera