Economy Politics

Whistle Blowing: EFCC recovered N527bn, $53m, £123 as at May 2018 — Magu

Written by Maritime First

…Baru says FG to complete OB3 pipelines project 2nd Qtr 2019***

The Acting Executive Chairman, Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu on Thursday indicated that the commission recovered over N527 billion, $53 million; and £122.89 through the Whistle Blowing Policy as at May 2018.

Magu made the disclosure at a Town Hall Meeting organised by the African Centre for Media and Information Literacy (AFRICMIL) in Port Harcourt.

Represented by Mr Usman Muktar, an official of the EFCC in the Port Harcourt Zone, Magu urged Nigerians to remain committed to the fight against corruption by employing the whistle blowing policy as one of the tools to fight corruption in the country.

The meeting, tagged “Whistle Blowing and Fight against Corruption in Nigeria’’, Magu said it had become imperative as the issue of corruption was fast becoming a hydra-headed monster and a global concern.

“The EFCC has, as at May 2018, recovered over N527 billion, 53 million dollars and 122.89 pounds through the Whistle Blower Policy.

“More successes are being made and the response by members of the public to the policy have been very encouraging,’’ he said.

The EFCC boss said that whistle blowing is really about fraud detection and reporting and it was one of the practical ways of combating the menace of corruption hence, the need for collaboration by all and sundry.

In the same vein, Mr Chido Onumah, Coordinator of AFRICMIL, said that as part of efforts to ensure accountability and good governance, it also launched the Corruption Anonymous Initiative (CORA).

Onumah said that CORA sought to further boost awareness about the government’s whistle blowing policy, build public confidence and support for the policy.

He said that AFRICMIL was engaging in advocacy strategies to ensure protection of whistle blowers as well as promote the institutionalisation the policy.

Dr Muhammed Isah, Chairman Code of Conduct Bureau (CCB), represented by Mrs Sotonye Isokariari, Rivers Director of the Bureau thanked AFRICMIL and its partners for a purpose-driven initiative aimed at instilling discipline among public office holders.

Isah frowned at some unnecessary delays whenever the issue of asset declaration is raised by the bureau.

“It is sad to note that when we give out asset declaration forms to specified public office holders as stipulated by law, some of these officers tend to feel so reluctant returning the forms to us even when a time frame is attached to it,’’ she said. 

Meanwhile, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru highlighted Thursday that the Federal Government’s “OB3” gas pipelines project will be completed in the second quarter of 2019.

Baru gave the assurance on Thursday at the official inauguration of the Egbaoma Gas Plant in Ebedei Community, Ukwuani Local Government Area of Delta.

The Egbaoma Gas Plant is a subsidiary of the PNG Gas Limited.

The “OB3″ project is expected to boost domestic gas supply and also address, among others, the persistent gas flaring in the country.

“The two billion standard cubic feet (2bscfd) capacity OB3 gas project is expected to be completed by second quarters of 2019,” he said.

Baru said that NNPC was committed to the Federal Government’s aspiration as expressed in the gas, environmental and domestic gas utilisation policies.

He also said that the corporation was pursing aggressive growth in the domestic gas supply capacity from the current 1.7bscfd to 5bscfd in the medium term.

The GMD urged gas operators, whose investment are close to the Egbaoma Gas Plant and the OB3 pipelines, to collaborate with the PNG Gas Limited to supply gas to maximise the plant’s capacity.

“The development of this gas plant fit squarely into the Federal Government gas aspiration of using gas as an enabler for energy independence, industrial development, commerce and environmental and social sustainability.

“This plant is the only onshore third-party gas extraction and fractionalisation plant of its kind in Nigeria and a mascot of new gas revolution.

“The achievement is by no means a great feat, the conceptualisation and actualisation of this dream has reinforced NNPC’s confidence in the potential of Nigerian indigenous companies,” he said.

Earlier, Mr Charles Osezua, Chairman, Owel-Linkso and Director in PNG Gas Limited, said that the company was established at a cost of 60 million U.S dollars.

Osezua said the gas plant had an operational capacity of 30 million standard cubic feet of Wet Gas daily.

According to him, the gas plant off took Wet Gas from the Platform Petroleum/Newcross JV Flow Station to produce Liquefied Petroleum Gas (LPG), Propane, Lean Gas and Natural Gas Liquid (NGL).

He said that the company currently had a staff strength of about 500 and 60 per cent from the Niger Delta, adding that its relationship with the host community was cordial.

“Egbaoma Gas Plant has produced over 35,000 Metric tons of gas for Nigerian domestic market since inception.

“We have also achieved excellent health, safety, and environment performance of about 1.3 million man hour operations without time lost to injury,” he said.

Osezua also urged the government to create the enabling environment for the operators to invest in the gas sector in line with the Federal Government objectives to the benefit of Nigerians.

The Managing Director of PNG Gas, Mr Gabriel Ilenreh, presented an overview of the Egbaoma Gas Plant at the occasion. 

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