The last has not
been heard of the chain effect of the fuel price increase of January 1st
2012. The astronomical amount the governments claims it spends on subsidy has
been found to be false. Revelations from the Faruk Lawan lead committee has
been nothing but revealing. Ministries and parastatals headed by so called
‘technocrats’ have been found milking the nation.
The KPMG report
ought to have been used to clear all the mess but a lot of big-wigs will lose
their position. It was quite shameful when the minister for petroleum, Diezani
Alison-Madueke (DAM) claimed she hasn’t read the report on official capacity.
Does she need presidential approval before reading it? Yet, she could set up
different committees with duplicate responsibilities of other parastatals.
It is important
to note that such committees which were made up of former opposition will run
at extra cost which wasn’t provided for in the 2012 budget. A typical example
is NEITI which had been in existence to do what exactly what one of the
committee is expected to do.
All the
committees set up by Diezani Allison Madueke is just a move to throw the KPMGs
report into the bin. Obviously she has a case to answer concerning the reckless
withdrawal of money from the treasury to pay for unjustified subsidy. There
have been clamours for her to step down in order to have a thorough
investigation of her ministry which she has been trying desperately to ignore.
Diezani Alison-Madueke
can never be a judge, plaintiff, defendant and even witness in her own case.
For anyone to think the appointment of Nuhu Ribadu will clean up the system is
mistaken. He is answerable to DAM and the success of his assignment may be restricted
to favour her.
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