Home | News | Group Urges Sanusi To Release Documents On Corruption In fuel Subsidy

Group Urges Sanusi To Release Documents On Corruption In fuel Subsidy

Font size: Decrease font Enlarge font
image

MALAM SANUSI LAMIDO SANUSI, GOVERNOR OF THE CENTRAL BANK OF NIGERIA

ABUJA, January 16, (THEWILL) - A civil society group, Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information request to Malam Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria, urging him to provide documents on the alleged systemic corruption in the subsidy system to enable the organisation petition the Economic and Financial Crimes Commission (EFCC) to prosecute those found culpable.
 
In the petition dated 15 January 2012, the organization said that, “We welcome your recent publicly expressed position that those involved in the fuel subsidy scam to the detriment of millions of Nigerians should be arrested and prosecuted by the appropriate authorities.”
 
“This request is made to obtain the necessary documents for us to swiftly send a petition to the EFCC to achieve the objectives which you have articulated for many years, that is, to bring about the effective prosecution of suspected perpetrators of the subsidy scam,” the organization also said.
 
According to the organisation, “If the problems in the fuel subsidy system are not fully and urgently addressed and suspected perpetrators not prosecuted, this will continue to have a devastating effect on investment in the oil and gas sector while also discouraging the building of refineries, thus making Nigeria perpetual importer on petrol.”
 
The organisation also expressed concern “that while N250 billion was allocated for fuel ‘subsidy in 2011, by the end of October 2011, over N1.3 trillion has been spent.  We have information to the effect that the subsidy claim rose to 1.5 trillion by December 2011.”
 
“Having found that no supplementary appropriation was submitted to the National Assembly by President Goodluck Jonathan, we would be grateful for information on who authorised the release of the sum N1.26 trillion, which was paid by the Central Bank of Nigeria under your management,” the organization added.
 
The organisation also said that, “We agree with you that this raises serious suspicion of corruption in the fuel subsidy system. We believe that this situation is a major contributory factor for the situation of extreme poverty in the country, which in itself is a violation of human dignity, inhibiting the full and effective enjoyment of human rights.”

Bookmark and Share





  • email Email to a friend
  • print Print version
  • Plain text Plain text
Tags
No tags for this article
Rate this article
0