Nigeria president, Goodluck Jonathan has handed the reports on the oil subsidy probe to the nation’s justice Minister in a procedural move to commence litigation procedure against the nation’s worse economic saboteurs- those who sucked the nation dry, manipulating oil subsidies to their benefit.
The Minister of Justice and Attorney General of the Federation, Mohammed Adoke receiving the report assured all Nigerians that those who are found to be involve in the nations most notorious economic sabotage would be brought to book.
According to Mr Adoke, the reports would be handed over immediately to the Economic and Finance Crimes Commission (EFCC).
He however reiterated his earlier position that the cases before handing over to EFCC would be carefully investigated to ensure that all loose ends are tightened.
According to him, all assignments would be carried out without sentiments and whosoever are found culpable would be arraigned before a court of law.
Justice Adoke assured there would be no sacred cow and that the government would not witch-hunt anybody.
The development has raised hopes that unprecedented action is about to be taken against top government and oil company officials who are behind large scale economic sabotage that for several years has held down the nation’s social and economic pursuit, denying the nation of massive financial resources.
Last month, parliament produced a report detailing massive corruption in a state subsidised petrol import scheme, prompting civil society groups to call for sackings of the oil minister, Diezani Alison-Madueke, and the heads of the state-oil firm.
Some section of the Nigerian public threatened to embark on mass protests to spurn government into taking action against the nations economic, social and welfare saboteurs.
The Economics and Financial Crimes Commission (EFCC) is conducting its own probe into the subsidy, overseen by Alison-Madueke.
Diplomats and oil analysts have said that Madueke’s activity in the oil sectors and all attending monitoring and investigative actions constitute a conflict of interest.
It has been opined that it would be morally unethical for the minister to monitor an investigation into her ministry and a state-oil company of which she is a director.
“Mr president has just handed over a copy of the House of Representative’s probe panel report on oil subsidy to me now with instruction that I should hand it over to the EFCC for a thorough job immediately,” the Minister of Justice and Attorney General Adoke noted.
“Mr president instructed me to tell the EFCC that there must be no sacred cow and that they must do their job on the report thoroughly without sparing anybody indicted.”
Parliament’s probe found that mismanagement and theft by fuel marketers and government officials cost $6.8 billion over three years , about a quarter of Nigeria’s annual budget.
In January, thousands brought the nation to a standstill in protests against an attempted removal of the fuel subsidy.