* Buhari 
 Nigeria's President Muhammadu Buhari Wednesday urged world leaders to classify crude oil theft as international crime meriting similar treatment to that of "blood diamonds" 

 Buhari, while delivering his keynote address titled "Why We Must Tackle Corruption Together"  at the Commonwealth summit: "Tackling Corruption Together: A Conference for Civil Society, Business and Government Leaders", in London, United Kingdom, further sought a multi-state and multi-stakeholder partnership to tackle the menace. 

He amplified that  "In addition to the looting of public funds, Nigeria is also confronted with illegal activities in the oil sector, the mainstay of our export economy. That this industry has been enmeshed in corruption with the participation of the staff of some of the oil companies is well established. Their participation enabled oil theft to take place on a massive scale. 

"Some of us in this hall may be familiar with the Report released by Chatham House, here in London, in 2013, titled “Nigeria’s Criminal Crude: International Options to Combat the Export of Stolen Oil.”  The important findings of the Chatham House document are illuminating and troubling.  Part of the Report concluded that:

a)      Nigerian crude oil is being stolen on an industrial scale and exported, with the proceeds laundered through world financial centres by transnational organized criminals.

b)      Oil theft is a species of organized crime that is almost totally off the international community’s radar, as Nigeria’s trade and diplomatic partners have taken no real action.

c)      Nigeria could not stop the trade single-handedly, and there is limited value in countries going it alone. 

"It is clear therefore, that the menace of oil theft, put at over 150,000 barrels per day, is a criminal enterprise involving internal and external perpetrators. Illicit oil cargoes and their proceeds move across international borders.  Opaque and murky as these illegal transactions may be, they are certainly traceable and can be acted upon, if all governments show the required political will.  This will has been the missing link in the international efforts hitherto.  Now in London, we can turn a new page by creating a multi-state and multi-stakeholder partnership to address this menace.

"We, therefore, call on the international community to designate oil theft as an international crime similar to the trade in “blood diamonds”, as it constitutes an imminent and credible threat to the economy and stability of oil-producing countries like Nigeria. The critical stakeholders here present can lead the charge in this regard" the NIgerian leader stated.

 Speaking further on the policy thrust of his administration, Buhari said that the fight against corruption in Nigeria is placed within the context of the three priority programmes of his  Administration.  

"On assumption of office on 29th May 2015, we identified as our main focus three key priority programmes.  They are, combating insecurity, tackling corruption and job creation through re-structuring the declining national economy. 

"Our starting point as an Administration was to amply demonstrate zero tolerance for corrupt practices as this vice is largely responsible for the social and economic problems our country faces today.  The endemic and systemic nature of corruption in our country demanded our strong resolve to fight it.  We are demonstrating our commitment to this effort by bringing integrity to governance and showing leadership by example.


"Corruption is a hydra-headed monster and a cankerworm that undermines the fabric of all societies.  It does not differentiate between developed and developing countries.  It constitutes a serious threat to good governance, rule of law, peace and security, as well as development programmes aimed at tackling poverty and economic backwardness.  These considerations informed my decision to attend this event as well as the Anti-Corruption Summit organized by Prime Minister Rt. Hon. David Cameron that will be held tomorrow. I expect that today’s event would feed into the discussions that will be held tomorrow at Lancaster House." he declared.