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Group Raises Alarm Over Alleged N3 Trillion Fuel Importation Fraud by NNPCL, Business Partners
The Coalition for Economic Liberation and Transformation (CELT) has raised alarm over alleged N3 Trillion fuel importation fraud traced to the Nigerian National Petroleum Company Limited’s (NNPCL) and some of its business partners in the last 42 days.
This revelation came to light during a press conference held in Abuja on November 15, 2024.
According to CELT, Nigeria imported 1.5 million metric tonnes of premium motor spirit, 414,018 metric tonnes of diesel, and 13,500 metric tonnes of aviation fuel between October 1 and November 11.
Henry Owolabi, the Executive Director of the coalition criticized NNPCL’s Group Chief Executive Officer, Mele Kolo Kyari, for prioritizing fuel importation over domestic refining, despite the availability of local refineries.
The Dangote Refinery, with a capacity to process 650,000 barrels of oil daily, is one such refinery that could significantly reduce Nigeria’s reliance on foreign fuel.
CELT questioned Kyari’s decision-making process, citing the detrimental impact on Nigeria’s economy and currency.
The coalition accused Kyari of sabotaging domestic refineries and undermining the Central Bank of Nigeria’s policies aimed at strengthening the naira.
CELT demanded Kyari’s immediate sack and urged the Central Bank to halt further payments for fuel importation.
Furthermore, CELT called on regulatory agencies to verify the quality of imported fuel and investigate financial claims.
The coalition emphasized the need to prioritize domestic refining, highlighting benefits such as significant cost savings, energy security, economic growth, and environmental sustainability.
Owolabi added: “Kyari and his fake fuel-importing associates have successfully rubbished the Central Bank of Nigeria (CBN)’s policies targeted at strengthening the Naira. They mopped up the limited dollars that would have gone into procuring manufacturing-related imports.
“The irresponsible importation, which is compromising the naira, borders on criminal when one recalls that President Bola Tinubu, personally, intervened to broker the naira sale of crude oil to Indigenous refineries to reduce the pressure on Nigeria’s currency and make refined products more affordable. Kyari and his lackeys insult our president by persisting in this criminal trade.
“Kyari’s leadership role in the fuel importation racket perhaps explains why he has deliberately sabotaged the nation’s investments in the three major government-owned refineries in the last two years. Why would a man who has not allowed our refineries to work be allowed to continue to lead the NNPCL?
“Additionally, this importation has severe economic consequences. The money used for importing fuel could be effectively utilised in areas, like healthcare, education and infrastructure.
“The government and other appropriate bodies must promptly tackle these concerns. They must emphasise the importance of boosting manufacturing and supporting our refineries to function at their potential.
“Consequently, the Coalition for Economic Liberation and Transformation urges the CBN to stop further payments to Kyari’s cronies in the name of fuel importation. Those who persist in importing what is readily available locally should bear the brunt of sourcing the foreign exchange to pay for their indulgence.
“Furthermore, our Coalition demands that Kyari be sacked without hesitation to restore the industry’s transparency and accountability and to prevent the NNPCL CEO and his associate from spreading contagion to other sectors of the economy.
“Finally, we demand that the necessary regulatory and anti-graft agencies step in to arrest the anomaly around fuel importation.“
The National Youth Vanguard of Nigeria’s ruling All Progressives Congress (APC) has rejected allegations made by Honourable Aminu Sani Jaji, who accused the Minister of State for Defence, Bello Muhammed Matawalle, of orchestrating claims of anti-party activities against him.
In a statement issued on Saturday, the group’s National Publicity Secretary, Dr Adeniyi Wale, described Jaji’s accusations as “baseless” and an attempt to distract from his own political manoeuvres.
“Jaji has long positioned himself as a loyal APC member and a unifying force within the party, but his actions suggest otherwise. His political moves appear more self-serving than focused on party unity,” Wale said.
The APC Vanguard emphasised that Nigerians deserve transparent and accountable leaders rather than those who, it said, manipulate public trust for personal gain. The group also questioned Jaji’s credibility, citing what it described as a pattern of inconsistency in his political engagements.
“The remarks made by Jaji not only lack substantiation but also raise concerns about his reliability and judgment,” the statement read. “Leadership is not merely about holding a position of power; it is about demonstrating qualities that inspire trust and confidence among the people.”
The group commended Minister Matawalle for his efforts in strengthening national security and promoting peace. It said his leadership had contributed significantly to fostering unity and improving community relations across the country.
“Minister Matawalle exemplifies the qualities of effective leadership. Under his stewardship, significant progress has been made in enhancing national security and community relations,” the statement said.
The APC Vanguard further criticised Jaji’s leadership approach, accusing him of lacking the foresight and responsibility required for credible governance.
“This pattern of inconsistency not only weakens the integrity of his decisions but also erodes the confidence of party members and stakeholders who seek dependable representation,” Wale added.
The group reaffirmed its support for Matawalle and urged APC members to remain focused on unity and national progress while rejecting divisive rhetoric that could undermine the party’s strength.
News
Two brothers Launch Sardaunan Ikulu Fans Foundation, Sponsor WAEC Registration For 50 vulnerable Students
By Israel Bulus, Kaduna
In a significant effort to promote education, two brothers have launched the Sardaunan Ikulu Fans Foundation, sponsoring the West African Examinations Council (WAEC) registration for 50 vulnerable students in Kamaru Ikulu Ward, Zango-Kataf Local Government Area of Kaduna State.
Speaking at the launch on Tuesday, Yusuf Ismail Ashafa, popularly known as Sardaunan Ikulu, urged the beneficiaries to remain dedicated to their studies and strive for academic excellence. He assured them that the foundation would continue to support outstanding students by facilitating their admission into higher institutions.
Ashafa also called on parents to play an active role in motivating their children to focus on education, emphasizing that their success would contribute to a brighter future for the community.
Meanwhile, Ashafa, who played a crucial role in the emergence of Engr. Bege Gaiya Joseph as the Executive Chairman of Zango-Kataf Local Government Area, expressed deep appreciation for Joseph and his brother, Reuben Richman Bissla, for sponsoring the students’ WAEC registration in his honor.
He pledged to build on these efforts, ensuring continued support for students’ education as a means of fostering societal development.
In his remarks, the co-sponsor, Engr. Joseph Bege Gaiya, popularly known as Lordbeckson, disclosed that the initiative was aimed at improving the education of the most vulnerable students for the betterment of society.
“I am one of the beneficiaries of the goodwill of Sardaunan Ikulu. If he had wanted to become the Council Chairman, he would have been, but he decided to push me forward, and today I am the Council Chairman through his mentorship,” he stated.
He urged the beneficiaries to consider themselves fortunate and to take full advantage of the opportunity by studying hard to achieve excellent results.
“With the establishment of the Federal University of Applied Sciences in Kachia, we must ensure that our students pursue science courses. We cannot afford to have a Federal University in our region and yet have our children unable to gain admission to study science-related fields,” he added.
The initiative has been widely commended as a timely intervention, helping underprivileged students overcome financial barriers to education.
Amid the recall process initiated against Senator Natasha Akpoti-Uduaghan, the Arewa Youths Progressives Assembly has told both the Independent National Electoral Commission, INEC, and the police that Nigerians are keenly watching their actions.
This came amid viral video of some politicians in the Kogi State mass-signing signatures purported to be that of the Senator’s constituents.
It was gathered that the Senator has already petitioned the police over the development.
However, addressing journalists on Tuesday, the National President of Arewa Youths Progressives Assembly, Shuaibu Usman, accused the INEC of always compromising the electoral process in Kogi State.
Usman, who recalled how results of the last governorship election in the state emerged even before the exercise commenced, urged the commission to redeem itself.
He said, “Kogi parades as a worst example when it comes to INEC conduct of election in Nigeria. We have not forgotten how many credible organisations, including Yiaga Africa, raised the alarm of the electoral heist that went on during the last guber election in that state.
“So, INEC has been notorious for providing a thriving ground for politicians in Kogi State to mess up the country’s electoral system.
“The same people are at it again, this time hiding under the guise of a recall process against Senator Natasha Akpoti-Uduaghan. With their Kogi magic, they quickly manufactured over 250,000 signatures, whereas the entire voters during the main election stood at 120,000.
“One need not be a suitsayer to know that these are the same elements who are known to be chronic election riggers, with INEC as their enablers.
“However, we must caution the INEC that this should not be business as usual; this is beyond Kogi State, so Nigerians are watching.
“We were taken aback when the INEC after announcing that the petition did not meet its requirements, returned a day after to tell Nigerians that the same petitioners have met the requirements- what a quick fix!
“The INEC must not kowtow to the whims and caprices of desperate political elements in Kogi State, as this will be resisted by Nigerians.”
Similarly, the apex Igbo group also urged the police to ensure that all those in forging the signatures of Senator Natasha’s constituents were brought to book.
According to the group, the viral videos showed known faces in Kogi State, wondering why the police were yet to effect any arrest.
“By now, we had expected that some of the perpetrators should be cooling their heels in custody or having their days in court, but it is yet to happen.
“There should be no room for compromise, the culprits, no matter how highly placed, should be identified, arrested and prosecuted.
“We urge that the police should engage forensic experts to analyze those signatures before the INEC takes any further step in the said petition,” Usman further stated.