There Is Enough In The Ribadu Report To Shake Up The Industry – Agbakoba (SAN)

Former NBA president and maritime lawyer, Olisa Agbakoba (SAN) has thrown his weight fully behind the Nuhu Ribadu Petroleum Revenue Task Force, despite Mr. Steve Oronsaye and Ben Otti’s opposition.

Agbakoba who was a member of the task force said, “The report hasn’t been undermined by anyone even though issues have arisen but as I said, there’s enough in the report to shake up the industry.”

Though, he admitted that the committee encountered “procedural challenges”, he said, “Nonetheless it is my view that the report recorded sufficient credible information for a robust review of the oil and gas industry.”

He said, “Having fully participated in the work of the committee, I can confirm that the management of Nigeria’s hydrocarbon assets requires a radical transformation.

“We should focus on substance and request the government to take urgent steps to implement the report, subject to any further action that may be necessary.”

Agbakoba decried the “wrong media interest” the report has so far generated even as he reiterated his confidence in it.

“Let’s focus on substance. We need action and not distraction,” he said.

The Senior Advocate of Nigeria quoted Jonathan as saying, “If there are errors of calculation or misinformation in the report, that will be filtered out and corrected. Issues of corruption will go to the EFCC,” he concluded.


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