Oil subsidy executive thieves to face litigation and hard punishment, says Justice Minister

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Code of Conduct Bureau

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.

Minjister of Justice and Attoney General Muhammed Adoke

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.

It recommended the restructuring of the state-oil firm, NNPC, and the energy ministry and the prosecution of those involved. The NNPC has dismissed many of the findings in the report.

In January, thousands brought the nation to a standstill in protests against an attempted removal of the fuel subsidy.