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Nigeria Loses $8bn To Graft
Nigeria loses nearly $8 billion (about N1.24 trillion) per year to oil sector corruption despite the existence of the Nigeria Extractive Industries Transparency Initiative (NEITI), the Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has disclosed.
Expressing outrage over the development, ERA/FoEN yesterday called for a new order of transparency as it launched a new campaign titled “Publish What You Pump”. The campaign aims to fill the gap in the present Publish What You Pay and NEITI processes, according to ERA/FoEN Head of Media, Mr. Philip Jakpor.
The new campaign was launched in Port Harcourt, capital of Rivers State in South-South Nigeria, and was graced by representatives of civil society groups, community-based organisations and the media.
ERA/FoEN Executive Director, Godwin Ojo, said at the event that although the NEITI processes have been ongoing for nearly 12 years, it has largely failed to sanitise the Nigerian petroleum sector or reduced the level of corruption as Nigeria loses nearly 500,000 barrels of crude oil per day, costing the nation nearly $8 billion per year.
The initiative will require that institutions such as the Department of Petroleum Resources (DPR) set up appropriate guidelines for measuring oil and gas production as well as have the necessary tools to carry out their oversight functions.
“The launch,” according to Ojo, “marks an important milestone of a national and global advocacy initiative which will address the lack of transparency and accountability in the oil and gas sector thereby posing grave threat to national security and sustainable development.”
Below is an excerpt of Ojo’s speech at the occasion:
The domestication of the Extractive Industries Transparency Initiative (EITI) into the Nigerian context seeks to address poor resource governance and revenue mobilisation to reverse the resource curse. Nigeria is endowed with abundant natural resources but is unable to utilise this for the wellbeing of citizens. As a result, poverty is rife, and more than 50 percent of its citizens live on less than US$2 per day. The Nigerian government is yet to properly account for the US$ 600 billion accruing from oil in the last four decades. We believe that given the necessary political will and prioritisation, Nigeria can afford a National Basic income Scheme (NaBIS) of about N15,000 for all unemployed Nigerians if all the leaks, looting and theft of its resources are eliminated.
The Nigeria Extractive Industry Transparency Initiative (NEITI) audits have unearthed a variety of discrepancies over the 10-year audit period and discovered nearly $2.6 billion dollars loss, tax evasion, and non-payment of royalties by the oil majors. In all counts, the oil majors failed to respect the NEITI findings but have ignored them with impunity.
The Publish What You Pump draws attention to the crime scene of ecological devastation, ecocide, and oil theft in the Niger Delta. It is time to hold oil companies and the presiding captains overseeing these rots and deaths corporately and personally accountable for the deaths and destruction they are helping to create.
The lack of transparency and accountability in the oil sector is leading to massive oil theft from the point of production to the point of sale.
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I’m Committed To Community Dev – Ajinwo
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RSG Tasks Rural Dwellers On RAAMP …As Sensitization Team Visits Akulga, Degema, Three Others

Rivers State Head of Service, Dr (Mrs) Inyingi Brown, has called on rural communities in the State to embrace the Rural Access and Agricultural marketing project (RAAMP) with a view to improving their living conditions.
This follows the ongoing sensitization campaign by the State Project Implementation Unit (SPIU) visits to Degema, Abonnema, Afam headquarters of Degema, Akuku Toru and Oyigbo Etche and Omuma local government areas respectively.
Dr Brown who was represented by the Deputy Director, Special Duties in her office, Mrs Dein Akpanah, said RAAMP was initiated by the Federal Government and World Bank to economically empower rural dwellers.s
She said the World Bank understands the plights of rural farmers and traders in the State, and therefore came up with the programme to address them.
According to her, RAAMP will improve the conditions of farmers, traders and fishermen, and therefore, behoves on every rural communities in the State to embrace the programme.
The Head of Service also said the programme would support the youths to be gainfully employed while bridges and roads will be built to link farms and fishing settlements.
Also speaking, the State project coordinator, Mr Joshua Kpakol, said the programme has the potential of creating millionaires among farmers and fishermen in the State.
Kpakol who was represented by Engr. Sam Tombari, said RAAMP would help farmers and fishermen to preserve their produce.
According to him, the project will build cold rooms and Silos for preservation of crops and fishes while access roads will also be created to link farmers and fishermen to the market.
He, however, warned them against any act that will lead to the suspension of the projects by the World Bank.
Kpakol particularly warned against acts such as kidnapping, marching ground, gender based violence and child labour, adding that such acts if they occur may lead to the cancellation of the project by the World Bank.
During the visit to Oyigbo local government area, Mr Joshua Kpakol, said the team was there to let them know how they will benefit from the Raamp.
The coordinator who was personally at Oyigbo said the World Bank introduced the project to check food insecurity in the State.
He said already 19 states in Nigeria are already benefitting from the project and called on them to embrace the project.
Meanwhile, stakeholders in the three local government areas have commended the World Bank for including their areas in the project.
They, however, complained over the incessant attacks by pirates on their waterways.
At Degema, King Agolia of Ke kingdom said land was a major problem in the kingdom.
King Agolia represented by High Chief Alpheus Damiebi said many indigenes of the kingdom are willing to go into farming but are handicapped by lack of land.
Also at Degema, the representative of the Omu Onyam Ekeim of Usokun Degema kingdom, Osoabo Isaac, said Degema has embraced the programme but needed more information on the implementation of the programme.
Similarly, while High Chief Precious Abadi advised that the project should not be narrowed to only crop farming, a community women leader, Mrs Orikinge Eremabo Otto, called for the construction of cold rooms in all fishing settlements in the area.
At Abonnema, Mr Diamond Kio linked the problem of the area to incessant piracy along waterways.
He also expressed fears over the possibility of the project being hijacked by politicians.
Also at Abonnema, a stakeholder, Ikiriko Kelvin, called on the World Bank to design an agricultural project that will suit the riverine environment, while at Oyigbo, HRH Eze Boniface Akawo expressed satisfaction with the project.
John Bibor
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Senate Replaces Natasha As Committee Chairman

The political mudslinging between the Senate leadership and Senator Natasha Akpoti-Uduaghan continued yesterday as the Senate named Senator Aniekan Bassey as the new Chairman of the Committee on Diaspora and Non-Governmental Organisations.
Senate President, Godswill Akpabio, announced the appointment during yesterday’s plenary, confirming Bassey’s replacement of Senator Natasha Akpoti-Uduaghan, who is currently on suspension.
Akpoti-Uduaghan was reassigned to the Diaspora and NGOs Committee in February after she was removed as Chair of the Senate Committee on Local Content during a minor reshuffle.
Bassey is the senator representing Akwa Ibom North-East Senatorial District.
Although no reason was given for her removal yesterday, the change is believed to be connected to her unresolved suspension.
In May, Justice Binta Nyako of the Federal High Court ordered her reinstatement and directed her to tender an apology to the Senate.
However, the Senate has insisted it has not received a certified true copy of the court judgment.
Akpoti-Uduaghan who represents Kogi Central, has yet to resume her legislative duties despite a recent court ruling that voided her suspension.
In a televised interview on Tuesday, Akpoti-Uduaghan said she was awaiting the Certified True Copy of the judgment before officially returning to plenary, citing legal advice and respect for institutional process.
Although the Federal High Court described her suspension as “excessive and unconstitutional”, a legal opinion dated July 5 and attributed to the Senate’s counsel, Paul Daudu (SAN), argued that the ruling lacked any binding directive to enforce her reinstatement.
Akpoti-Uduaghan, one of only three female senators in the current assembly, said the continued delay in allowing her return was not only a denial of her mandate but also a blow to democratic representation.
“By keeping me out of the chambers, the Senate is not just silencing Kogi Central, it’s denying Nigerian women and children representation. We are only three female senators now, down from eight,” she said.
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