SUBSIDY FRAUD! Ribadu Gets Government Appointment

In a bid to “enhance probity and accountability in operations of the Petroleum Industry”, the pioneer chairman of the EFCC, Mallam Nuhu Ribadu, has been appointed as head of a Petroleum Revenue Special Task Force set up by the Minister of Petroleum Resources, Dieziani Alison-Madueke.

A government statement today said that the new Task Force is “Consistent with the policies and promises of President Goodluck Ebele Jonathan's Administration, and underpinned by the yearnings of the people of Nigeria for transparency in the Petroleum Industry.”

The team, which has 17 members and, has the following terms of reference:

• To work with consultants and experts to determine and verify all petroleum upstream and downstream revenues (taxes, royalties, etc.) due and payable to the Federal Government of Nigeria;

• To take all necessary steps to collect all debts due and owing; to obtain agreements and enforce payment terms by all oil industry operators;

• To design a cross debt matrix between all Agencies and Parastatals of the Federal Ministry of Petroleum Resources;

• To develop an automated platform to enable effective tracking, monitoring, and online validation of income and debt drivers of all Parastatals and Agencies in the Federal Ministry of Petroleum Resources;

• To work with world-class consultants to integrate systems and technology across the production chain to determine and monitor crude oil production and exports, ensuring at all times, the integrity of payments to the Federal Government of Nigeria; and,

• To submit monthly reports for ministerial review and further action.

Members of the committee are as follows:

1. Mallam Nuhu Ribadu - Chairman

2. Mr. Steve Oronsaye - Dep. Chairman

3. Mallam Abba Kyari - Member

4. Ms. Benedicta Molokwu - Member

5. Mr. Supo Sasore, SAN - Member

6. Mr. Tony Idigbe, SAN - Member

7. Mr. Anthony George-Ikoli, SAN - Member

8. Dr. (Mrs.) Omolara Akanji - Member

9. Mr. Olisa Agbakoba, SAN - Member

10. Mr. Ituah Ighodalo - Member

11. Mr. Bon Otti - Member

12. Prof. Olusegun Okunnu - Member

13. Mallam Samaila Zubairu - Member

14. Mr.Ignatius Adegunle - Member

15. Mr. Gerald Ilukwe - Member

16. Rep. of FIRS - Ex-Officio

17. Rep. of FMF Incorporated - Ex-Officio

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