Ribadu Committee’s report


In February, the federal government set up the Petroleum Revenue Special Task Force headed by Mallam Nuhu Ribadu to thoroughly examine the systemic rot in the oil and gas sector. The unofficial report of the investigations leaked to the media ahead of the formal submission of the document on November 2.

In a swift reaction, the Presidency declared that the leakage was intended to embarrass government. Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, in her response to the development, said government would make an input after studying what she described as a “draft” copy of the outcome of the enquiry.

Thereafter, the authentic version would be made public. From experience, governments doctor reports of investigative panels they establish before they are released. It is the fear that such documents could be adversely tampered with that gives rise to their leakage. Nobody can stop government from making its input, but the latitude should not be abused through emasculation of the recommendations.

Instead of raising dust over the leakage, government should be more interested in the kernel of the report and how to address the scandals uncovered by the panel. Nigeria’s oil sector has, since the discovery of oil in Oloibiri, Rivers State, in 1958., been characterized by unmitigated sleaze so much that independent sources put the aggregate loss at trillions of naira. As it is, the sector remains a testy area since nothing has changed—rather the graft profile keeps taking new dimensions and unprecedented proportions!

The whole process from exploration to marketing is underscored by official laxity and collusion in the legendary national rip-off. The essence of the Ribadu Committee was to open up the shenanigans going on in the oil industry and make suggestions on how to end such acts of national economic sabotage and foreclose recurrences. The raging oil subsidy scam running into billions of naira is just one of the integrated and complex channels through which the country has been losing premium revenue.

This latest impropriety is almost on the verge of becoming yet another circus show because of the calibre of the culprits and the country’s perverted judicial system. Just like most other oil-bearing countries, Nigeria is also caught in the grisly web of corruption arising from the mismanagement of this natural resource. The magnitude of misappropriation is such that there is hardly any year that Transparency International, a global body that monitors how countries conform to the ideals of governance, does not rate Nigeria as one of the most corrupt nations in the world!

This notoriety, perhaps, explains why corruption still thrives under the nose of President Goodluck Ebele Jonathan. We enjoin government to be courageous enough to release the report with all its warts and go ahead to fault areas it disagrees with. Luckily, Ribadu said while submitting the report that the contents of the unauthorized version were the same with the authentic copy. So, it is now fruitless for any official manipulation. Jonathan should use this report to make a statement—it is indeed a golden opportunity to stop the criminalities and frauds that have bedevilled the country’s oil and gas sector.

All the agencies and individuals indicted should return the loot and also face the law. Tucking away this report in one disused cabinet will send wrong signals about the seriousness of this administration in addressing the associated deep-rooted corruption.

The slight procedural disagreement between two members of the committee and their colleagues should not weaken the substance of the findings. Government should ignore the discrepancies raised by the dissenters and focus on the redemptive recommendations.

This critical report should be released immediately and its resolute recommendations implemented forthwith. President Jonathan cannot afford to dither on this instrument for the sanitisation of the petroleum resources industry.

24 yrs boy started importation with N10,450. Read his story here!

Men, forget Viagra. Use these to increase your manhood size & strength

How to start a profitable importation biz with as low as N10,000 only

How watermelon made a Benin boy over N1,000,000 in 73days

Superb premature ejaculation spray. You 'll last 30minutes+

How to earn 40k-200k monthly from football matches almost on autopilot

3 Things I did to cure premature ejaculation after my wife left me

Small manhood and premature ejaculation limited my performance for 4yrs!

7 Simple yet amazing steps to earn over N200,000/monthly. Click here

How to get flat belly in just 9 days. Click here!

A 22yr old student made N205,000/month importing online

Click here now if you are interested in earning at least N7,500/daily

How a young Nigerian generate over N1,000,000/month via digital marketing

Generate as much as 150k-250k profit from your football betting investment

Incredible special offer! Amazing business that earns you N200,000/month

Exposed! How 23yrs Ijebu boy makes N270,000 with Facebook. Read story!

Work from home and get paid at least $1000 weekly!

Free e-book reveals how to get visa easily. Click here!

Shocking discovery: Why most Nigerian men can't satisfy their women in bed!


About Author


  1. Make N1500 by each person u invite to become Netcontacts member across any city and town in Nigeria, embrace this opportunity and overcome ur financial stress, don’t ignore it, visit http://xrl.us/bnxwkg and get started

  2. why would the presidency think that the leakage is embarrassing, who are this report meant for & where is it leaking to? truth is 2 sets of laws are operating in this country; the laws for the sheep & the laws for the shepherd. Ribadu is an honorable man & the recommendations of his committee should be taken seriously , the slight procedural disagreement between two members of the committee should be disregarded. some persons are busy stealing billions and smiling away and we are busy chasing and burning others stealing 3.000naira handset. HEAR ME persons who wouldn’t want that report to see the light of the day are at work,,, but nigerians are watching .

  3. The anger shown at the leakage already shows the way the journey is heading. Someone is angered at being robbed the opportunity to doctor the report before serving the unsuspecting masses the remnants of willful manipulation. The last ditch effort to save the plan was to play the Oronsaye card. Oronsaye had been planted there for any eventuality. Jonathan will find out sooner or later who this country belongs to. We know he has a lot to hide but nothing is forever hidden under the sun.

  4. I don’t understand this our government they will set up a committee and they are the same government that buries the committee’s report on arrival.
    All these attitude is only making this government unpopular because it shows that they are not serious in moving this country away from it’s present rotten state. The government should remember that one thing that is certain in life is changes and everything that has beginning has an end. The day of the Lord is near. God is not wicked and cannot continue to allow discredited people put this country backward with their selfish interest.
    President Goodluck Jonathan has quickly forgotten the masses that supported him when he was pushed around after the death of sincere and honest late president Umaru Musa Yar’Adua. I hope president Goodluck Jonathan secures his place in history by doing the right thing for the people of this country if not time flies and 2015 is just around the corner that his tenure will end. Every government is temporary no matter how powerful that government is.

  5. @Bayo your very correct, is a matter of time PDP leaders are corrupt most of them are into office not by merit. Former National Security Advicer has said they are number one Boko Haram.

Leave A Reply