Is President Buhari Listening to NEITI or …? – By Gbenga Komolafe

Nigeria Extractive Industries Transparency Initiative (NEITI)
Nigeria Extractive Industries Transparency Initiative (NEITI)
Nigeria Extractive Industries Transparency Initiative (NEITI)

“Nigeria Extractive Industries Transparency Initiative (NEITI) has called on President Muhammadu Buhari to consider the recovery of over $7.5 Billion from oil and gas companies operating in Nigeria and another $11.6 billion from the Nigeria Liquefied Natural Gas as a major to shore up the nation’s coffers.” Daily Trust, June 10, 2015

Recovering this vast sums which I believe are gross underestimates from the fraudulent oil multinationals whose home governments PMB was trying to appease in Germany would make tremendous difference to the present financial quagmire Nigeria has found itself. It would be several times over any paltry ‘bailout’ from those countries and of course the bailouts will come with strangulating conditionalities!

Is anybody listening? or it’s going to be about the cloak and dagger politics of APC/PDP alone. At the end of the day, let’s all remember that this country is not about Buhari, Tinubu and the others, let’s face the issues, there is too much politics in this clime! And it just suits them well to be so diverted.

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