Showing posts with label stirs. Show all posts
Showing posts with label stirs. Show all posts

Sunday, November 25, 2012

Ribadu Oil Report Stirs Controversy, Denials



Mallam Nuhu Ribadu: report stirs controversy

A probe alleging Nigeria has lost out on tens of billions of dollars in recent years through questionable practices in Africa’s biggest oil-and-gas industry has stirred controversy and calls for action.

The report from a government-appointed task force, headed by former anti-graft czar, Nuhu Ribadu, has not been officially made public, but leaked copies have generated strong responses from officials, the state oil firm and private companies, which dispute many of its findings.

Anti-corruption activists seeking changes to an industry that operates with little transparency and which has long been seen as awash with graft have however sought to pressure the government into addressing the problems alleged.

ST

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