Nigeria: Ribadu's Report - an Oily Slip?

14 November 2012
opinion

I just finished reading the Ribadu report, both the one leaked to the press and the version submitted to the President, and in my view, the report is virtually inconclusive. And for now, I agree with the Presidency that the committee's terms of reference was not duly followed.

The basic task of the committee is to examine all, total aspect of the Nigerian oil industry, from production to sales, including the actual, exact amount of oil pumped from Nigerian soil each day, and how much royalties, fees and prices are being paid into Federal accounts.

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