The
Chairman of the Federal Government Petroleum Revenue Special Taskforce,
Mallam Nuhu Ribadu, has warned that the Federal Government’s failure to
implement the report of the committee will affect the credibility of
the government.
Ribadu, who stated this in an interview with our correspondent on
Friday, also said that corruption was killing the oil industry.
The Ribadu panel had on November 2, 2012 submitted its report to President Goodluck Jonathan.
The President on November 15, 2012, set up a White Paper committee
led by the Minister of Labour, Mr. Emeka Wogu, and gave it two weeks to
submit its report. But three months after the deadline, the committee
had not submitted its report.
The committee was said to have sought for extension of time from the President.
But Ribadu said that Nigerians were eagerly waiting for the report,
which he stated was capable of transforming the oil industry.He said,
“Nigerians are waiting because the government promised that it would
implement the report. Failure to do so will affect the credibility of
the government seriously.
“We want to see that they implement this report. I continue to hope
that they will do it. I believe that it is not late and that they can
still go ahead and implement it right away because it is capable of
changing this country, particularly the oil industry.”
Ribadu also described corruption as the major problem facing the oil
industry. The former chairman of the Economic and Financial Crimes
Commission lamented that corruption was killing the oil industry.
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