
Investigations
have revealed that the ongoing probe by the EFCC has caused a division
in the Federal Executive Council (FEC) following the indictment of some
oil marketers.
Although the procedure is done by the Presidential
Committee on Verification and Reconciliation of Fuel Subsidy headed by
Mr. Aigboje Aig-Imoukhuede, some ministers are unhappy with what they
consider as overbearing influence of the Coordinating Minister of the
Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala.
They seem to be aggravated following her insistence that they should be punished when there could be room for restitution.
It
was gathered that some ministers prefer that the indicted oil marketers
return the subsidy money while she, Okonjo-Iweala wants full trial for
the marketers.
Findings reveal that the some ministers were angry
because Okonjo-Iweala was treating the matter like a personal issue
without seeking for the input of other ministers.
The angry
ministers were said to have been secretly working to undercut
Okonjo-Iweala, with some of asking for her withdrawal from the cabinet
saying she knows too much.
However, the President is said be on the ministers side because he believes in her ability and guide.
A
source, who spoke in confidence, said: “The truth is that some
ministers are unhappy with the way the probe into the fuel subsidy scam
was handled by Okonjo-Iweala. Their argument is that the process of
investigation and trial could paralyse the oil sector, particularly the
fuel supply system.
“But the Finance Minister insisted on bringing
transparency into governance instead of giving soft-landing to the
‘untouchable’ marketers.
“In fact the release of the report of the
Presidential Committee to the public and the uncovering of the 25
indicted marketers deepened the crack between Okonjo-Iweala and the
ministers.
“There are handfuls who are engaging the Minister of
Finance in cold war, which is apparent to cabinet members. They pretend
to be tolerating her, but if they have their way, they would want the
President to drop her.”
Responding to a question, the source said,
“I think some oil barons are desperate to create a wedge between
Okonjo-Iweala and other cabinet ministers.
Another source added,
“All is not well between some ministers and Okonjo-Iweala for not
protecting some interests. She stepped on powerful toes without looking
back. That is why she has been receiving threats. My position is that it
is normal in any Executive Council.
“You can imagine what will
happen to the image of Nigeria if no action is taken against the fuel
subsidy syndicate. What is important is that she is enjoying the
confidence and trust of her boss.”
A source close to the Minister
who begged for anonymity said, “I think I can only say that some cabinet
members have not come to terms with the ongoing reforms of
Okonjo-Iweala. However, they are gradually being integrated to
appreciate it.
“The war against those who benefited illegally from
fuel subsidy funds is not personal. It is also not aimed at undermining
the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, or
any cabinet member as being insinuated by some people. I can tell you
that the Finance Minister is only complementing the reforms in the oil
and gas sector. They enjoy the best of relationship.
“Most of the
policies and decisions are meant to set the system right. If she had not
acted the way she did, the government would have been rubbished.”
“For
instance, the handling of the economy has enjoyed international support
and approval. We have just obtained a positive rating by Moody Rating
Agency. The Standard and Poor too also did the same with high score on
the management of the nation’s external reserves.”
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