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NBA Calls for Establishment of Loot Recovery Fund, Impeachment of Jonathan

By on January 6, 2012

The Nigerian Bar Association has stated in categorical terms that it stands with the people against government’s decision on fuel subsidy withdrawal. The apex body for the law profession has also called on the National Assembly to stand ready to “seriously consider impeachment proceedings” against the President, stating that the President would be adjudicated to have “lost the confidence” of the people if he does not reverse the decision on subsidy withdrawal.

The NBA stated in a press release made available to journalists yesterday, “It is clear that Nigerians do not and will not tolerate subsidy removal under the terms and conditions set out or laid down by Government. Any removal of subsidy based on the importation of petroleum products is unacceptable to Nigerians. Government must create the infrastructure for the refining 100% of petroleum products in Nigeria and by Nigerians. It had been done in the past, it was sabotaged, and it can and will be done again.”

The NBA also preferred solutions which the Jonathan administration could employ to free up funds for developmental projects instead of the subsidy removal,

The suggestions mentioned are:

  • Rehabilitate the nation’s moribund refineries for optimal performance;
  • Encourage private sector refineries through attractive incentives/tax concessions;
  • Improve the nation’s income potentials in agriculture/exports/manufacturing;
  • Fight against petroleum sector cabal, curb endemic corruption that caused operational inefficiencies of NNPC by establishing Loot Recovery Fund (LRF); and
  • Implement fiscal discipline by cutting down on cost of governance including those earmarked for the Senate/National Assembly/Presidency/Villa put at several billions.

The NBA also disclosed that all of its members are expected to partake of the January 9th labour strike actions.

4 Comments

  1. Kevin

    January 8, 2012 at 8:48 pm

    Please,NBA, as learned people, referring to the cliche used to address you,can you tell me and other unlearned Nigerians the position of Nigeria Constitution concerning the Removal of fuel subsidy, and will any of your members decline to defend any of the cabals if steps are taking to prosecute them as insinuated of their corrupt acts?Wouldn’t the ambiguity of the law be taken advantaged of in the course of prosecuting those to be found culpable of economic crime?the call for strike,is to punish the executive or The Helpless Nigerians,not you?have you weighed the options to see the benefits?A few Nigerians who survive by doing menial jobs will now rely on what, if the strike persists?if the average Nigerian survives on less than a dollar or two,even with full economic activities,how can he survive with a total collapse of economic activities?Selah!Not because you are comfortable and can survive the strike,you want even those who are not of the next hour meal to follow you,haba!that’s witch crafty,honestly! The call for Strike is Worst than the removal of fuel subsidy,walahi!I stand to be corrected,please educate me,thanks

    • Eze Ugoji

      January 9, 2012 at 8:24 am

      If it warrant us to loose few lives and return to normalcy no problem than for us to leave a false live forever of grumbling. Charity begins at home as they say the FG should have started on a good note then we will see reasons with them and welcome their ideas but in this case they are greedy and wicked so their is no going back. We are feed up

  2. Kevin

    January 8, 2012 at 11:20 pm

    Close to 50million Nigerians if not more,Live Life on PAY AS YOU GO or Life Support-just like Those on prepaid GSM phones or Intensive Care unit!Now,how do Those who are Calling for Total Blackout Strike wants them to Recharge or Sustain to Survive?To The Best of My Knowledge,a lot of Nigerians Survive one day at a Time;because,Truly,they Don’t Know where their Meal will Come from until The day’s activity is Over-How can they Survive if this Economic Strike Begins?Think,not for you who has more Opportunities,but,for The Helpless Nigerian,Selah!Strike would Be Necessary if we are Truly fighting an Imposed Government on Us!Think: when Patients begin to die due to Strike by Medical practitioners,who Suffers it?When our foodstuff Begins to Spoil(lack of Energy) & Our Domestic Wastes are not Evacuated with Dustbins overflowing around our Neighbourhoods,who Will Suffer The Epidemics,Diseases & Outbreaks?Me,You & The Helpless Nigerian;think!Constructive Engagement in Dialogue,Comrades!Please Broadcast,thanks-Kevin Fyneface

  3. Kevin

    January 9, 2012 at 9:50 am

    NLC,CSOs,’CONCERNED WELL TO DO NIGERIANS’ and OTHERS,claims to be Fighting for The Good of Nigerians as A Motive. Also,The President and his Executives claims to be Fighting for the Good of Nigerians;I wonder which Nigerians’ Good they are Fighting for in This Blackout Strike-all I hear is CALLOUSNESS!Democracy should Be Defined and Applied with The Rule of Law as A Guide,Selah!Dialogue,Leverage and Negotiation= Peaceful Coexistence & Stable Development-Kevin Fyneface