Editorial
Before The $20bn Probe
Following reports that the President-elect, Gen. Muhammadu Buhari will revisit the infamous “missing $20billion” case arising from the operations of the Nigeria National Petroleum Corporation (NNPC), Nigerians have raised more questions on the in-coming government’s agenda for corruption.
While it will be safe to state that the average Nigerian wants to see the end to the mindless looting of the economy, especially by those in high public offices, the interpretation of the statement of Gen. Buhari as a political vendetta is most regrettable, even when the timing may not be agreeable.
We want to believe that the time for hate speeches that characterised the electioneering is gone for good. Besides, corruption is too important a subject to be politicised. Corruption is a subject that must be addressed at all levels, but like some parasites it must be treated with care otherwise even the host can die with it.
The former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi raised the alarm over some missing funds in the transactions of the NNPC. When the amount alleged changed from the initial $40billion to $10billion, the validity of the allegation became suspect in many quarters.
Following the heated debate on the subject, the Federal Government of Nigeria set up a forensic audit on the finances of the NNPC. The foreign auditors, PricewaterhouseCooper (PwC), came up with a report that led to the order for NNPC to refund the sum of $1.48billion which the NNPC said was un-remitted crude oil revenue with its subsidiary, NPDC.
Even when the NNPC had started making payments in that respect, some persons have continued to fault the PricewaterhouseCooper report. That the in-coming administration could also not wait to take over before dealing with the subject also worries some Nigerians.
As the plan to revisit the issue continues to fuel public discourse, very little details of the PricewaterhouseCooper report is available as it had not been made public. Also asking for confirmation is whether the said $20billion was part of the PwC report among others.
Other issues raised by the narrative include and not limited to the scope of the intended probe. In specific terms, Nigerians want to know whether it is only the $20billion fraud that should be probed. Also asked is whether only the Jonathan administration is to be probed or others are to be included too.
The Tide, however, agrees with some persons that said the in-coming administration promised ‘change’ and that going into probe can only take the country many years behind, build bad blood and keep some persons away from the government, where all hands will be required to be on deck to bail out the country.
The fact is that Nigeria is a corruption endemic nation and the plan to deal with corruption should not be selective nor be perceived to be politically motivated. Corruption is not only about persons that steal money, but all the acts that deny this country of its due peace and progress.
In addition to the constitution and the administrative delineation of the country, some other factors like public sector workers salaries simply encourage corruption. It is even canvassed that anyone that claims to be free of corruption may not be telling the whole truth.
While the saying by Winston Churchill that the further backward one goes into the past prepares him for the future, is still valid, it is not in all cases. Nigeria will change for the better when the people see the need for it.
Before the in-coming government embarks on any probe it must be clear on what it hopes to achieve. The government must be prepared to deal with its own members and stand or allow the sleeping dog to lie. The change Nigerians voted for is to start this year and not from the past.
Editorial
Checkmating ‘One-Chance’ Menaces In PH
Editorial
That Oshiomhole’s Call On FG’s Road Projects
There are moments in the life of a legislature when plain speaking becomes a public service. Senator Adams Oshiomhole provided such a moment on the floor of the Senate when he accused the Minister of Works, Senator David Umahi, of manifestly neglecting critical federal arteries in Edo and Delta States, and implored his colleagues to prevail on the Minister to adopt a more equitable and genuinely national approach to road infrastructure delivery. It was blunt, it was uncomfortable, and it was necessary.
The specifics of his complaint deserve restating. Drawing attention to the recent approval of some 20 new road projects despite the parlous state of existing ones, the former Edo State governor lamented that Nigerians cannot travel from Benin to Warri, Benin to Asaba, Benin to Auchi, or Auchi to Okene without encountering severe distress. He alleged a deliberate omission of these corridors from the national budget in the last three years, save for palliative interventions directed by President Bola Tinubu through tax credit arrangements. His question — “What have we done wrong?” — resonates far beyond the chambers of the National Assembly.
We lend our full and unequivocal support to that call. The Auchi-Benin Road, for instance, has been in a deplorable and near-impassable condition for several years, turning what should be a two-hour journey into an all-day ordeal of broken axles, extortionate fares, and despondent commuters. The media have, on multiple occasions, chronicled the suffering of motorists, traders, and students who ply that route. To describe it as a federal road today is to stretch the meaning of the term beyond recognition.
This pattern of sidelining is not confined to Edo or Delta. Even here in Rivers State, the disposition of the Federal Ministry of Works has left much to be desired, particularly along the Eleme axis of the East-West Road. That road, which ought to be a flagship of federal presence in the Niger Delta, has remained in a wretched state for long. Those who use it daily — workers at the Eleme Petrochemical Complex, the two refineries, Onne Port, and the countless ancillary industries — can attest to its deterioration. Work has proceeded in fits and starts without the sustained urgency such a strategic road demands.
The Eleme stretch is not a mere intra-state byway. It is the gateway to the nation’s economic jugular. According to the Federal Ministry of Works and Housing’s 2023 Highway Condition Survey, only about 35 per cent of the country’s 36,000 kilometres of federal roads are rated as being in good or fair condition, with the remainder classified as poor or very poor. The East-West Road, conceived in the 1970s to bind the entire Niger Delta, remains unfinished in critical sections more than four decades after. If it had been treated as a priority, the perennial gridlock, carnage, and economic loss on the Eleme-Refinery junction would have long been consigned to history.
The irony is as painful as it is glaring. The Niger Delta remains the goose that lays the golden eggs. Data from the Nigeria Extractive Industries Transparency Initiative [NEITI 2023 Oil and Gas Audit] show that the region still accounts for over 78 per cent of Nigeria’s federally collected export earnings and about 65 per cent of total government revenue. The National Bureau of Statistics [NBS Foreign Trade Report Q4 2024] similarly confirms that crude oil continues to dominate export receipts. By every metric of equity and economic logic, a region that sustains the national purse deserves first-rate consideration in the allocation of infrastructure, not afterthoughts and tokenism.
Road infrastructure is not largesse to be dispensed by favour; it is the skeleton upon which commerce, cohesion, and citizenship hang. When contracts are concentrated in one geopolitical zone while other zones are left to contend with craters, it erodes trust in the federation itself. The World Bank’s Nigeria Development Update [June 2023] estimated that poor transport connectivity inflates the cost of moving goods by up to 40 per cent and costs the Nigerian economy an estimated $1.5 billion annually in lost man-hours and vehicle maintenance. If we profess to be one country, then equity must be the compass that guides key institutions before any project is executed. Development must spread round, not pool in one place as though other regions do not matter.
There is also a grave security dimension that can no longer be ignored. The deplorable condition of federal roads has become a veritable enabler of criminality. The NBS Crime Experience and Security Perception Survey reported over 2.5 million incidents of kidnapping-related occurrences nationally, with transport workers identifying bad road spots as prime ambush points. When vehicles are forced to crawl at 10 kilometres per hour through failed sections at Auchi, Sapele Road, or Eleme, they become sitting ducks for armed gangs. Fixing bad roads, therefore, is not merely about convenience; it is about safeguarding lives.
By his intervention, Senator Oshiomhole has hit the nail on the head and reminded Minister Umahi of a fundamental constitutional truth: public office is held in trust. The Ministry of Works is not a personal estate where contracts are awarded according to whim or political convenience. It is a national institution funded by the collective resources of Nigerians, including the oil and gas rents from the very communities whose roads are now neglected. The Minister must demonstrate balance, transparency, and a pan-Nigerian outlook in the distribution of projects that impact the daily existence of citizens. Selective neglect breeds suspicion, and suspicion is corrosive at a time when the nation is preaching unity, oneness, equity, and justice.
Consequently, the National Assembly must go beyond rhetoric and assert its oversight powers with vigour. Sections 88 and 89 of the 1999 Constitution [as amended] empower the legislature to investigate and expose any maladministration in the execution of federal projects. If an office holder is not acting rightly, it is the duty of the Senate and the House of Representatives to call him to order. Oversight must not be reduced to budget approval ceremonies; it must translate to field verification, public hearings, and insistence that the Federal Character principle, as enshrined in Section 14(3) of the Constitution, reflects in road awards.
Let the Auchi-Okene, Benin-Warri, Benin-Asaba, and Eleme East-West gangways be restored to motorable dignity. Let priority be given to completing existing, economically vital roads before embarking on new ones. If those who, through their resources, sustain the federation are sidelined in the distribution of tangible dividends, it tells poorly of our nationhood. Bad roads must be fixed, and they must be fixed now, with fairness as the guiding standard.
Editorial
Making Rivers’ 2026 Budget Count
-
News5 days agoRSG Targets Nine Million Residents in Mosquito Net Distribution Campaign
-
Oil & Energy4 days agoAiyedatiwa Signs New Electricity Bill
-
Maritime4 days agoMarine Minister Commends President Tinubu On NPERA Bill Assent
-
Oil & Energy4 days agoNLNG Commissions Research And Innovation Centre In RSU
-
News5 days agoKenPoly Holds Eight Convocations, August 29
-
News5 days agoRSG Begins Another Phase of Projects Commissioning Today
-
News5 days agoRMAFC Completes Revenue Sharing Review, Proposes New Pay
-
Maritime4 days agoNAGAFF Petitions IGP Over Alleged Maritime Police Harassment
