Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Justice minister to investigate fuel subsidy graft

23 May 2012, 07:07

 Abuja - The justice minister vowed on Tuesday to probe those implicated in a parliamentary report detailing billions of dollars lost through a graft-ridden fuel subsidy programme, as the government faced pressure to act.

After receiving the report that found $6.8 bn were lost from 2009 to 2011, Justice Minister Mohammed Adoke said he would "prosecute all those who are found culpable".

"There will be no scared cows," Adoke told journalists. "Get it clear: we are going to do our job without intimidation."

The report compiled by a parliamentary panel and released last month charged that a fuel subsidy programme designed to keep petrol prices low was plagued by gross mismanagement and massive corruption.

It heavily criticised Nigeria's state oil firm, NNPC, and called for it to be restructured.

President Goodluck Jonathan has directed the justice ministry to investigate and prosecute wherever the evidence allows, Adoke said.

"We are not going to witch-hunt anybody. We are going to do this without sentiments and whoever is found guilty, we are going to arraign him before a court of law," he pledged.

The country's anti-graft police, the Economic and Financial Crimes Commission, will carry out the investigation, he said.

The report described the subsidy programme as riddled with poor accounting, overpayments, wilful disregard for regulations and incompetent management.

Fuel imports

The House of Representatives has endorsed the bulk of the panel's report, but backing from lawmakers carries no force of law and allegations must be investigated by authorities.

The inquiry has gripped the country.

Despite the vast reserves, much of the fuel is imported due to a lack of refining capacity, a situation also blamed on corruption and mismanagement.

Citing corruption among other issues, Jonathan sought to end the subsidy programme without warning on January 1.

The move instantly caused petrol prices to more than double, resulting in mass protests and a week-long general strike that was called off when the subsidy was partially re-instituted.



Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...