Posted by Odinaka on Wed 29th Jul, 2015 - tori.ng
The United States of America has handed over the names of Nigerian oil thieves to President Muhammadu Buhari.
"It is an irony that those who are suggesting that the Buhari administration should turn a blind eye to the incomprehensible looting are the same ones accusing the government of not doing anything.
It is even a cruel irony that the same party that presided over what is fast emerging as the worst governance in the history of our country is the same one that is daily bad-mouthing an administration that is cleaning up its mess.
Where does one start from? Is it the fact that the Nigerian National Petroleum Corporation failed to remit N3.8tn to the Federation Account or the mind-blowing stealing of 250,000 barrels of crude oil per day?
Is it the fact that the NNPC itself does not know how many bank accounts it had or into which ones the payments for Nigerian crude are made? Could anyone have imagined that a government minister would steal the unprecedentedly-huge amount of US $6bn of public funds as being alleged?
How does any sane person rationalise the fact that $1bn was unilaterally and illegally withdrawn from the Excess Crude Account just because, as the immediate past Minister of Finance has disclosed, the President ordered the withdrawal? What about the billions of naira waivers recklessly approved to dubious importers by the Jonathan administration?
Is it not clear now that the stealing and the profligacy – more than anything else, including the fall in oil price – helped to drastically reduce the monthly allocation from the Federation Account from about N800bn to about N400bn , thus pauperising the states and the local governments, and by extension the citizenry?
Against the background of the stunning revelations, what message will any government be sending to its citizens and indeed the global community by looking the other way, when it could still recover some of the looted funds for the benefit of the people?"