The oil sector probe
By Sun News Publishing
Wednesday, April 30, 2008
 

The news that the House of Representatives is set to probe the activities in the oil sector during the last administration is heart-warming. The House, we are told, has put everything in motion to look into how the sector was administered by the Olusegun Obasanjo government. Already, a 26-man committee that will undertake this task has been set up. It is important really that the Speaker of the House, Hon. Dimeji Bankole, was quick to remind the committee of not only the enormity of its task, but also the sensitive nature of it.

Indeed, this probe will obviously not be like the ones recently undertaken or those still on-going. This one is different. The oil sector is such a vast and complex one, which will require time, good judgment, fairness and thoroughness. Nigeria will expect the same dedication, sincerity and steadfastness with which the National Integrated Power Project (NIPP) is being handled.

There are some worries though about the growing spate of probes. Some believe that the rate at which the federal legislators are going, they may be distracted from their primary function of making laws for the country. Again, some are worried that these lawmakers may end up having so much on their hands that they may end up not achieving the desired result, if any result at all. Legitimate as these fears and worries are, we believe that the legislators are well within their capabilities to carry out such important national assignment to expected end. We also believe that this assignment is as important as making laws for the country, because the issues involved are quite fundamental.

For those eight years under probe, the country’s oil was managed in the most arcane manner. Nigerians did not know how much of the country’s oil was produced, how much of it was exported and how much, in monetary terms, was realized. The country was only working blindly with what official reports said and even at that, the reports varied in figures and in terms. There were also hues and cries about the manner oil blocs were being allotted.

There was manifest disdain for equity, fairness and transparency in this regard. It is believed that oil blocs in those eight years were used to nourish relationships, settle political scores, buy off political enemies, win favours and for the attainment of other unwholesome ends.

Recently, the nation was told of how some governors in the last administration were allotted oil blocs so they could support the third term aspiration of the then president. Crude oil lifting was also awarded in the same manner and for the same purpose. It is also instructive to realize that for that period, Obasanjo, as the president, was the minister in charge of that sector. He vehemently rebuffed every entreaty and advice to appoint a substantive minister. The best he did was to appoint advisers at various times.

It is comforting therefore that most Nigerians are in agreement that the past must be examined. Nigerians want to know what transpired in those years. They want to know how their commonwealth was managed or mismanaged. They want to know who did what and for what reasons. And if possible, they want to see people pay for their sins against the country. So, we commend the House for this initiative. We also praise its members for their undisguised show of dedication and diligence so far. It is hoped that these will be brought to bear on the oil sector probe.

In all of this, the place of the executive branch must not be discounted or discountenanced. The truth is that all the work of the probe panels would amount to nothing if the executive displays disinterestedness or cavalier attitude towards their recommendations. It is the executive’s responsibility to implement the panels’ recommendations.

But we should quickly add here that we are not comfortable with the cold, distant attitude of the executive to all the panels already sitting and the revelations that have been coming out from there. Of course, the executive must respect the principle of separation of powers, but its aloofness, as far as these issues are concerned, worries us.

However, we want to appeal that it shows maximum interest in the recommendations of not only the oil sector probe panel, but also all the probes that there are and those that may still come.


 


 

 

 

 

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