Ribadu challenges FG to go after indicted public officials in subsidy scam

The Chairman of the Petroleum Revenue Special Task Force, Nuhu Ribadu, Tuesday advised the federal government to beam its searchlight more on the Petroleum Products Pricing and Regulatory Agency (PPPRA) and other relevant officials of government if it truly wants to get to the root of the contentious issue of subsidy payments.

Mr. Ribadu, who spoke at an interactive session organised by the Nigeria Electricity Regulatory Commission (NERC) for its staff in Abuja said “most of the problems we are having now is the failure of regulators, including the subsidy issue that every Nigerian is talking about”.

Speaking further, Mr. Ribadu said if the PPPRA had performed credibly, it would have been difficult to steal from government.

“If I were to work on this subsidy, I would just arrest PPPRA officials, and through them I would bring out every single person who took one penny from government. I would get all of them because it is the gatekeeper that has failed so I would not bother myself with anybody else. No one can take money for product he did not supply except if PPPRA allows it,” he said.

Mr. Ribadu also said public servants benefit more than the oil marketers from the corruption circle in the subsidy regime.

“For every one person outside of government that benefits in this subsidy scam, public servants benefit three times,” he said.

The former presidential candidate of the Action Congress of Nigeria said the government appears to also understand what is going on at the agency and that bringing in new leadership has shown promising signs of redeeming the battered image of the PPPRA.

Nigeria’s inability to generate power

Mr. Ribadu also came down hard on successive governments in the country for their inability to generate sufficient electricity in the country despite the huge resources expended for the purpose.

“The biggest challenge facing the country today after insecurity is lack of adequate electricity and the inability of the government to provide power is what has led to most governments being a failure.

“Honestly, it is a failure if for decades we cannot give ourselves electricity. It is a massive shame and a big embarrassment that a country that at times earns as much as $50BN a year cannot simply get light for the people,” he said.

Mr. Ribadu advised the Chairman of NERC, Sam Amadi to lead by example.

“I do not expect you to be an IPP owner or distribution company after this job, because that is the mistake many made. You cannot be a regulator and businessman at the same time; once there is this conflict of interest, the door to failure has been opened,” he told the NERC chairman.

Insecurity and Police Reforms

Mr. Ribadu believes that the Nigerian police, as an institution, has been weakened over the years and needs reforms in order to confront the challenges of corruption and insecurity.

“We have destroyed and weakened an institution that is constitutionally assigned the responsibility to enforce law and order internally in this country,’’ he said.

He bemoaned the deployment of military personnel to perform internal security duties contrary to the provisions of the constitution.

The Chairman of NERC, Sam Amadi, who also spoke at the interactive session, said it was initiated to share experience with Nigerian leaders who had managed organisations in both the private and public sectors in the country with a view to lending the management and staff of NERC their wealth of experience.


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD:"Warning to Men, These 3 Foods is Slowly Killing Your Erection". Click Here to Know Them

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.

  • Maryaidoko

    That is exactly what should be done. get them all arrested. none should hide under court injunctions. Otedola in particular.

  • Tajudeenmomoh

    I like Ribadu. even though he is not a saint, to a considerable extent, he is straight forward. unlike some other Nigerians who defrauds the country and again go hiding under court injunction and rolling out a whooping sum of N250 billion as payment for damages. Otedola take am easy, life na jeje.

  • M

    This is one man I’ve always said should rule Nigeria. Ribadu had the audacity to arrest and jail his own boss for the betterment of Nigeria. Till someone like Ribadu takes the reign, we’ll keep on having enquiry upon enquiry…report upon report.

    Nigeria has carried out detailed public enquiry into Oil, Electricity, Stock Market, Petroluem Education Fund, Road Contract Allocation, etc. Has one single person been jailed or made to refund billions of dollars missing? NO.

    Classic Example… The Current Oil Subsidy Report as been completed and people indicted. Isn’t the matter supposed to be with state prosecutors to prepare charges for court? Still, Jonathan has commissioned yet another “Side Committee” to investigate a completed case.

    The government is simply embolding people to eventually rise up to challenge the status quo, with the likes of Boko Haram, MEND, etc.

  • Anabelodeh

    If not greed, a tiger kills your goat and comes back to you to ask you for pepper to prepare his meat. imagine Femi Otedola who owes Nigerians and need to refund to us what he has stolen from us in the name of oil supply, is now asking us for compensation of N250 billion.is he mad?

  • Aminu B.i

    Kudos to Mal Ribadu for proving to Nigerians that we still have good people like him and when given the opportunity. Nigerians can have a future where a spade can be called a spade, in situations of looting the government should be very tough on the custodians of the various organizations and agencies that allow this looting, because they are the major beneficiaries check out the properties in Abuja over 80% are owned by public servants. May Allah give us a leader like Mall Ribadu, after the cleansing ethnicity and religion won’t be an issue anymore. Honest Nigerians keep on praying, because we are the ones at the receiving end!

  • Dapo

    I hope that Mallam Ribadu is not just grandstanding, because, we have not heard anything yet from the committee that he heads that was setup by the Minister of Petroleum…..

  • Kwesiri

    Grooming to be the next President.

  • the committee he is chairing, what was it constituted for?

  • Fkekere

    Nigerians are so gullible, unfortunately. Else, how are we so quick at extolling Ribadu who is yet to prove his mettle any where? During his sojourn at EFCC, he was not only a third term apostle and a staunch member of the Obasanjo cabal, he was also a willing tool in the hand of PDP to stop contestants on the platform of the opposition parties that were perceived to be stronger than the PDP’s. Ribadu used phantom corruption charges against opposition contestants like late Senator Albishir in Yobe, Senator Aruwa in Kaduna, Shekarau in Kano and a number of others. There’s no corruption greater than deliberate injustice against fellow humans under whatever guise. And that’s what Ribadu represents.

    No body can separate Ribadu from the current leadership malaise in Nigeria! Its surprising how he’s hiding under the garb of opposition now for cheap political recognition. Its really unfortunate nay a calamity to advocate for a Ribadu presidency. God forbid!!!

    • M

      @ Fkekere,

      I symphatise with your predicament as you’re probably one of those caught in the residue of Ribadu’s onslaught against corruption. Don’t forget, when Ribadu started as EFCC chairman, there was no reference point on the war. Starting from a bleak position of Nigeria having a 419 penal code but not a single conviction by the courts.

      Everyone who actually stole monies claimed “selective prosecution” as main defence. It became a slogan for every thieve in government house. Many years later, we haven’t come across a single innocent looter Ribadu challenged. He was even forced to use the media as the judiciary was also completely corrupt to get justice.

      It’s a pity your subjective recollection of the Ribadu era is vindictively coloured by your rage of being caught. Just to put the record straight…More PDP politicians were prosecuted and convicted than any other party. Mere generalisation exposes the flaws in your argument.

      Now that Nigeria has gone through Electricity Probe, Banking Probe, Stock Market Probe, Oil Subsidy Probe…isn’t it obvious Nigeria needs TEN MORE RIBADUS JUST TO SCRATCH THE SURFACE OF THIS CORRUPTION BATTLE?

      Enough Said!