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Nigeria: FG Tasked on Excess Crude Proceeds
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This Day (Lagos)
10 May 2008
Posted to the web 12 May 2008
Lagos
A member of the House of Representatives, Hon. Johnson Abolagba (PDP-Edo) has called on the Federal Government to stop any further sharing of the excess crude oil money among the three tiers of government.
Abolagba, who made the call while addressing newsmen, said instead the Federal Government should invest such money in the energy sector. "Instead of plans by the government to source for money in the capital market for the energy sector, it should tap from the excess crude oil money to solve the problem in the energy sector. I totally disagree with the rationale behind the sharing of such fund between the federal, state and local governments.
"Such money in the past were not properly utilised by the various state governments," he said. The legislator also criticised various state legislatures for their inability to exhibit full control over state governors. "They allow these governors do whatever they like with allocation of resources," he said, and suggested a single term of office for state governors. "This will reduce the do-or-die quest for power by some state chief executives. Nigerians have lost confidence in probes because their recommendations were never implemented, Abolagba said.
Commenting on the N300 million scam in the Ministry of Health, he urged Senator Iyabo Obasanjo-Bello to make herself available to the Economic and Financial Crimes Commission (EFCC).
"She should show a good example as a distinguished Senator of the Republic of Nigeria and the daughter of a former President, by making herself available to either EFCC or the court to answer the allegations levied against her.
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"Her running from pillar to post will only make her case worse," he said.
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