Victor EzejaSocio-Economic Rights and Accountability Project (SERAP) has tasked President Muhammadu Buhari to set up a presidential panel of inquiry to probe the allegations that over 149 million barrels of crude oil are missing.
SERAP’s demand is coming on the heels of a revelation made in the 2019 audited reports by the Auditor General of the Federation and Nigeria Extractive Industries Transparency Initiative (NEITI).
According to the 2019 audited report by the Auditor General over 107 million barrels of crude oil were lifted as domestic crude without any document or tracing. NEITI also reported missing 42.25 million barrels of crude oil in 2019.
According to the 2019 audited report by the Auditor General over 107 million barrels of crude oil were lifted as domestic crude without any document or tracing. NEITI also reported missing 42.25 million barrels of crude oil in 2019.
SERAP conveyed its message to President Buhari in a letter dated 22 April and signed by the group’s Deputy Director, Kolawole Oluwadare.
The human right organisation said: “There is a legitimate public interest in ensuring justice and accountability for these very serious allegations.”
“SERAP notes that you have repeatedly promised to combat corruption. As you go into the final weeks of your term of office, the missing crude oil allegations present yet another opportunity to demonstrate your commitment and to uphold your oath of office both as President and Minister of Petroleum Resources,” part of the letter read.
READ ALSO: Publish Your Assets Before May 29, SERAP Charges Buhari
“As the President and substantive Minister of Petroleum Resources, you and your government should prioritise getting to the bottom of these allegations and use the remainder of your term of office to ensure justice and accountability for these serious crimes against the Nigerian people.
“Investigating the allegations and naming and shaming and prosecuting those suspected to be responsible for the missing crude oil would serve the public interest and end the impunity of perpetrators.
“We would be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel your government to comply with our request in the public interest.
“The allegations by both the Auditor-General and NEITI are different from a whistle-blower’s claims that 48 million barrels of Bonny Light crude oil allegedly sold in China in 2015 are missing or unaccounted for.
“The reports by the Auditor-General and NEITI suggest a grave violation of the Nigerian Constitution 1999 [as amended], and the country’s anticorruption laws and international obligations, as well as the public trust.
“These damning revelations also suggest your government is failing to prevent and combat the plundering of Nigeria’s wealth and natural resources, name and bring suspected perpetrators to account, and recover any proceeds of crime.
“Poor and socio-economically vulnerable Nigerians have continued to pay the price for the stealing of the country’s oil wealth apparently by both state and non-state actors. The country’s oil wealth ought to be used solely for the benefit of the Nigerian people, and the sake of the present and future generations.
“These allegations can promptly be investigated and suspected perpetrators named and shamed. Taking these steps would advance the right of Nigerians to restitution, compensation, and guarantee of non-repetition and improve public confidence in the fight against corruption, and related crimes, especially in the oil sector.
“According to the 2019 audited report by the Auditor General of the Federation (AGF), some 107,239,436.00 barrels of crude oil were lifted as domestic crude without any document or tracing.
“To date, there is no information on the sale of Un-Utilized Crude oil by Refineries for 2019 and no information on crude oil allocations from 30th May to 31st December 2019. The Auditor-General is concerned that the missing crude oil may have been diverted.”
Victor Ezeja is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.
Follow Us