The exercise of carrying out an examination of what past administrations in the country did with $500b in the past 50 years is VERY RIDICULOUS, TIME WASTING, CHILDISH, DEM0NSTRATES COMPLETE IMMATURITY AND DOWNRIGHT INEPTITUDE. With all evidence showing how blur and unreliable the information on the power projects spending by the last administration ($10b, $5.2b, $16b, $12.93b, $13b, $6b, $16.9b) just in the last eight years, how can any same person dream of any NEAR RELIABLE information about events 40 or 50 years ago, a period that traversed civil war and military rules. What positive contribution will such an exercise contribute to solving the miriads of problms that face the country besides the well-known fact that some of the money were stolen by army officers and politicians? The country needs to move forward and the EFCC is supposed to be one of the tools to contribute positively to moving the country forward not to be a source of wanton waste of the tax payers's money by engaging in completely REDUNDANT EXERCISES. The new EFCC acting head probably needs to go for a course in PRAGMATISM!

I think EFCC should concentrate on the current events if the current executives mean what they preach "fighting corruption". We should remember that the only Head of State that has ever been probed in Nigeria is Abacha, because he is dead. He is not worst off than the ones living. the current makeup of EFCC should not give us any hogwash about probing what happened in 50 years when they cannot tell us what happened 8 years ago. They should remember that Shakespeare warned that: "Any mercy that forgives a murderer encourages murder." As my Urhobo friend will to say, "the small pickin wey put him face inside water believing he is hiding, is deceiving himself because him back dey show".

No doubt, at the age of five, the EFCC has created monumental impacts on the image of Nigeria as a highly rated corrupt country. Perfectionist would argue that the birth rights of this noble organisation are its shortcomings. Nigerians have not seen a tough enough and consequential punishment to indicted corrupt politicians. The EFCC can have so much laudable milestons but non would be as effective as an indication that indicted persons are kept behind bars without an option for an upwards of 15 years. The national assembly must in the next constitutional ammendment include a tougher punishment of the magnitude of murder to corruption in addition to more powers to the EFCC.

Nigerian Oil: A 50 year flow-chart

Mr. Lamorde of the EFCC is absolutely right to examine 50 years of past administrations behavior with $500 billion in oil industry profits. A flow-chart of stolen profits and assets would be of extraordinary benefit for tracking, tracing and recovering stolen wealth.

In the era of economic global techtonics, Nigeria has much to offer in the way of information and technical know-how on fighting corruption and financial crimes.

I have always argued that all countries in the world would go through one kind of revolution at a time.Even when the incubent leader least anticipates,something is happening and it forces beyond our phisical control will absolutely ochestrate it. "The chickens has come to Roost in Nigeria" We can at least recover enough to push us 50 years ahead of the 50 yaers we are behind civilisation.

Sylvester Roy