Sunday 9 February 2014

Non-remittance of oil revenue: CNPP urges probe into NNPC accounts

The Conference of Nigerian Political Parties (CNPP) has again asked  President Goodluck Jonathan to, as a matter of urgent national importance, order an independent inquiry into accounts of the Nigerian National Petroleum Corporation (NNPC) from 1999  to 2013.
The group had previously called for an investigation into the discrepancy between the oil revenue accounts of NNPC and that of the Central Bank of Nigeria (CBN).
In a statement issued by its National Publicity Secretary, Mr. Osita Okechukwu, the group said  it was  making the appeal not only to stop the revenue leakages in the corporation, but to save Nigeria.
“It is our considered view that the 2015 general election will be free, fair and more transparent, if President Jonathan can muster the political will to clean the Augean stable in the NNPC, since the inception of our democracy or even his regime,”  it added.

According to the group, from its assessment, the bad blood and acrimony over who becomes the president is being driven by pecuniary interests on how to control the oil proceeds.
It said Jonathan would have wittingly ink his name in the hall of fame, cleared his name from this rot and protect the nation’s fledgling democracy if he heeds its call.
“Without sounding alarmist, the drums of war from several quarters and do-or-die attitude, as we approach 2015 general election, seem to echo and revolve around who signs the oil signature.
” It is pertinent to note that no sane person can dismiss with a wave of hand the monumental disclosure from the Governor of Central Bank and constitutionally authorised economic adviser to Mr. President; no matter how inaccurate his figures might be,” he said.

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