MOSOP Demands Investigation Into $300m Ogoni Devt Fund

The Movement for the Survival of the Ogoni People (MOSOP) has called for investigations into the $300 million (N480 billion) meant for the compensation and infrastructural development in Ogoni that was allegedly looted by few individuals within and out side of Rivers State.
Fielding questions from reporters in Port Harcourt, the President of MOSOP, Mr. Fegalo Nsuke, said the money was part of the proceeds from an out-of-court settlement with the Nigerian National Petroleum Company Limited.
According t him, the fund was meant to build infrastructure and compensate the people for their losses during the crisis that erupted in the area over the exploitation of oil.
Nsuke stated that the fund, which was earmarked to pay for the genocide committed against the Ogoni people and the Niger Delta as a whole was looted.
He condemned the government’s silence over the matter despite repeated calls for a probe by various individuals and groups, noting that the only way the Federal Government can absolve itself of the blame for the loot is to initiate an investigation and get the money returned to work for Ogoni.
“We are certain that some individuals shared the money ($300 million) and we cannot be crying about human rights violations in Ogoni while we do this to ourselves.
“The amount in question could have addressed the water crisis, electricity, roads, and education needs of our people. Some privileged individuals cannot continue to do this to our country while we remain silent. We want accountability,” Nsuke said.
The MOSOP President noted that there is now some overwhelming evidence that necessitates an investigation into the matter, urging the government of President Bola Tinubu not to be silent over the matter.
He observed that being silent would mean a lack of commitment to resolving the Ogoni problem, explaining that the transformation that would have come with that money would have paved the way for the resolution of the Ogoni crisis.