Peter Obi has faulted the claims of the Nigerian National Petroleum Company Limited, NNPCL, of being in a financial constraint, News About Nigeria reports.
The presidential candidate of the Labour Party (LP) in the 2023 general elections, made this known in a statement via his verified handle on X on Tuesday.
He queried the fact that the NNPCL which declared a N3 trillion profit in 2023, is coming up with a bizarre claim of “financial constraints” in supplying fuel, stating that the conflicting reports have left Nigerians in the dark.
Obi further noted that the fuel scarcity crisis, characterised by endless queues, and untold hardship, is a direct result of the government’s ineptitude, and, therefore, urged Nigerians not to relent until those responsible are held accountable.
He wrote, “Nigerians must stop at nothing in demanding for transparency in the operations of government especially critical agencies like the state-owned NNPCL whose activities appear to be shrouded in secrecy.
“The conflicting reports on subsidy payments have left Nigerians in the dark, unsure of what is happening in this all important company. It is very curious that the Nigerian National Petroleum Company Limited (NNPCL) which declared a N3 trillion profit in 2023, is coming up with a bizarre claim of “financial constraints” in supplying fuel.
“The fuel scarcity crisis, characterized by endless queues, and untold hardship, is a direct result of the government’s ineptitude.
“The $20 billion Dangote Refinery and other Modular Refineries’ struggles to secure crude oil supply and NNPCL’s search for outside operators for its refineries are further proof of this administration’s gross incompetence. We demand a better level of transparency in NNPCL’s operations, financial dealings, and plans for the future.
“The Petroleum Industry Act mandates an open and transparent NNPCL, we should not stand idly by while this government violates our laws. We demand that this administration come clean on these issues and take responsibility for the mess it has created.
“We should not rest until we uncover the truth and hold those responsible accountable. The Nigerian people deserve better.
