Fuel subsidy: Nigerians should demand transparency from NNPCL – Peter Obi
Labour Party presidential candidate in the 2023 presidential election, Peter Obi, has called on Nigerians to demand transparency from the Nigerian National Petroleum Company Limited, NNPCL, over the true state of petrol subsidy payments.
In a post via his X handle on Tuesday, September 3, Obi said that NNPCL has so far presented ‘conflicting’ reports to Nigerians on subsidy.
“Nigerians must stop at nothing in demanding 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.
