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Nigeria Names Ex-Anti-Graft Boss Ribadu as Oil-Task-Force Head

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Feb. 7 (Bloomberg) -- Nigeria named Nuhu Ribadu, a former anti-corruption chief, as head of a special oil-revenue task force set up to “enhance probity and accountability” in Africa’s top crude producer, Petroleum Minister Diezani Alison-Madueke said.

The task force will “determine and verify all petroleum upstream and downstream revenue due and payable to the government” and take steps to recover debts, Alison-Madueke said today in an e-mailed statement from Abuja, the capital.

Alison-Madueke last month set up panels to investigate management and controls in government companies, including the state-owned Nigerian National Petroleum Corp., to help end corruption and speed changes in Nigeria’s oil industry.

Ribadu was taken off the Economic and Financial Crimes Commission by President Umaru Yar’Adua and dismissed from the Nigeria Police in 2008 after he rejected a new posting and demotion.

To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja at ebalagbogbo@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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