Fuel Subsidy Fraud: President Jonathan Unlikely To Risk Oil Graft Crackdown-Reuters

By Nigeria2Day President Goodluck Jonathan is coming under pressure to prosecute top officials implicated in a $6.8 billion fuel subsidy fraud, but many of the suspects are allies he is unlikely to go after if wants to keep his power base intact. It has been three weeks since parliament produced a report detailing massive corruption in a state subsidized petrol import scheme and Jonathan has yet to indicate how he intends to respond. Inaction on one of the biggest corruption scandals in Nigerian history will hurt Jonathan's reformist credentials and further alienate his government from a disillusioned population. It could also prompt major public protests.read more
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