Ex-Ministers, Diplomats Ask Buhari to Institute Judicial Inquiry into Oil Theft •Reject pipeline surveillance contract with Tompolo’s firm •Fault FG’s proposal to reduce diplomatic missions Gboyega Akinsanmi A forum
•Fault FG’s proposal to reduce diplomatic missionsA forum of former foreign affairs ministers and diplomats under the aegis of the Academy of International Affairs has challenged President Muhammadu Buhari to set up a judicial board of inquiry to address the root cause of crude oil theft and fuel subsidy scandal.
Given the antecedents of such private interests in insurgency and militancy in the Niger Delta, the academy claimed that Tantita Security Services Limited would only present a wishy-washy report that would absolve them from any blame. “It is also disheartening to learn that illegal oil bunkering has been going on for a long time under the watch of government officials including many of the security personnel that are charged with guarding the most vital source of revenue earnings of this country.”
Due to oil thefts by terrible cartels, it observed that Nigeria, which had been enjoying comfortable OPEC quotas of about two million barrels per day of crude oil supplies to the world market, had now been reduced to less than one million barrels per day, quite below its current OPEC quota. “Is it not nerve-racking that the Ministers of Petroleum Resources for many years have been the presidents of this country and under their watch, so much oil revenues have been stolen resulting in large amounts of our revenues going in to dangerous cartels and private hands rather than government coffers? This is totally unacceptable,” the academy rhetorically asked in its statement.
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