Arewa group, under the auspices of Mega National Movement for Good Governance (MNMGG), has called on President Bola Ahmed Tinubu to probe the oil sector,
particularly the activities of theThe group said that, despite the series of protest by individuals and groups in the country to government concerning the corruption and poor handling in the NNPCL and oil sector, no effort has been made by Government to remedy the situation.
The Northern group alleged, “given the numerous allegations of financial improprieties and the lack of accountability within the NNPC under Kyari’s leadership, it is imperative that he be removed from his position”. “It is crucial to address these allegations, conduct a thorough investigation, and prosecute those responsible for corruption and fraudulent practices. Restoring transparency, accountability, and financial stability within the NNPC is essential for the well-being of the Nigerian economy and its citizens.”
Citing cases of revenues from oil production allegedly not remitted to the federation account, Tijani said, “among the numerous cases of financial impropriety, is the deduction of N2.1 trillion from the monthly revenue of NNPC, which was not remitted to the Federation Account.” “This lack of financial responsibility is unacceptable and raises serious questions about the management of the company’s revenues. The management must explain how these funds were spent and provide transparency regarding the companies that received subsidy payments. Restoring Transparency and Accountability is crucial to the nation.”
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