The Governor of Kaduna State, Mallam Nasir El-
Rufai, Monday called for the scrapping of the
Nigerian National Petroleum Corporation, NNPC,
saying that the corporation has over the years
constituted itself as a parallel government.
Speaking at this year’s Wole Soyinka Media
Lecture series to mark the 81st birthday of
Professor Wole Soyinka, in Abuja, Mal. el-Rufai
also advocated the privatisation of the nation’s
four refineries and the removal of fuel subsidy by
the Buhari administration.
According to El- Rufai, with the ‘death’ of NNPC,
it would allow for the coming on board of a brand
new Company that would be commercialised and
Capitalized, adding that the action has become
imperative against the back that NNPC has over
the years constituted itself as a parallel
government, a country on its own, with Nigeria
another country different from the Corporation.
He disclosed that the account of the NNPC was
last audited in 2005, and also accused the NNPC
of remitting only about 58 per cent of the money
it earned between 2012 and the first half of 2015
to the federation account.
His words, “The long and short of the situation of
our oil industry is best exemplified by the parallel
government called the NNPC. In 2012, it sold
N2.77 trillion of ‘domestic’ crude oil but paid only
N1.66 trillion to the Federation Account.
“In 2013, it earned N2.66 trillion but paid N1.56
trillion to FAAC, in 2014 N2.64 trillion but remitted
N1.44 trillion, while between January and May
2015, it earned N733.36 billion and remitted only
N473.2 billion.
“That means that the NNPC only remitted about
58 per cent of the monies earned between 2012
and the first half of 2015. A company with the
audacity to retain 42 per cent of a country’s
money has become a veritable parallel republic.
“If we do not kill NNPC, NNPC will kill; Nigeria.
Any organization that takes 50 per cent of
federation revenue for itself and gives you the
change has no right to exist. It is evil, it must die,
it is just the manner of the death that we must
talk about.

Source: www.vanguardngr.com/2015/07/if-we-dont-kill-nnpc-nnpc-ll-kill-us-el-rufai/

Please Focus on ending BH 'killings' in the North

We will not kill NNPC because we are not killers.

This man's choice of words really calls for serious questioning.

chesterlee:
The Governor of Kaduna State, Mallam Nasir El-
Rufai, Monday called for the scrapping of the
Nigerian National Petroleum Corporation, NNPC,
saying that the corporation has over the years
constituted itself as a parallel government.
Speaking at this year’s Wole Soyinka Media
Lecture series to mark the 81st birthday of
Professor Wole Soyinka, in Abuja, Mal. el-Rufai
also advocated the privatisation of the nation’s
four refineries and the removal of fuel subsidy by
the Buhari administration.
According to El- Rufai, with the ‘death’ of NNPC,
it would allow for the coming on board of a brand
new Company that would be commercialised and
Capitalized, adding that the action has become
imperative against the back that NNPC has over
the years constituted itself as a parallel
government, a country on its own, with Nigeria
another country different from the Corporation.
He disclosed that the account of the NNPC was
last audited in 2005, and also accused the NNPC
of remitting only about 58 per cent of the money
it earned between 2012 and the first half of 2015
to the federation account.
His words, “The long and short of the situation of
our oil industry is best exemplified by the parallel
government called the NNPC. In 2012, it sold
N2.77 trillion of ‘domestic’ crude oil but paid only
N1.66 trillion to the Federation Account.
“In 2013, it earned N2.66 trillion but paid N1.56
trillion to FAAC, in 2014 N2.64 trillion but remitted
N1.44 trillion, while between January and May
2015, it earned N733.36 billion and remitted only
N473.2 billion.
“That means that the NNPC only remitted about
58 per cent of the monies earned between 2012
and the first half of 2015. A company with the
audacity to retain 42 per cent of a country’s
money has become a veritable parallel republic.
“If we do not kill NNPC, NNPC will kill; Nigeria.
Any organization that takes 50 per cent of
federation revenue for itself and gives you the
change has no right to exist. It is evil, it must die,
it is just the manner of the death that we must
talk about.

Source: www.vanguardngr.com/2015/07/if-we-dont-kill-nnpc-nnpc-ll-kill-us-el-rufai/

k

But you practically 'killed' people you pulled down their houses in the FCT years back Mr holy!

.

All these trillions & billions, they are mentioning so, deriz God oooo

NNPC does not deal in groundnut oil so how will it kill you?

Parasite.

exactly dis man made sense in his entire lifetime

changing from NNPC to anoda name doesn't help d
matter but for buhari to check out this people and reorganize d nnpc structure including d human resources.... my SIgnAtuRE

Talking as if there's oil in Kaduna state....SMH!




cc Lalasticlala ishilove

OK

If to say oil no dey people like hell'rufai for don die.

masterchi:
If to say oil no dey people like hell'rufai for don die.

It's unfortunate oil is the focus in running this country. For how long...? I would rather this Mr Governor lamented on reviving the groundnut pyramid they killed up North.

Alfranco:

It's unfortunate oil is the focus in running this country. For how long...? I would rather this Mr Governor lamented on reviving the groundnut pyramid they killed up North.

and stopping the illegal minning of solid minerals in the north. I dont know why they cant think of something else. It is simply pathetic.

.

Excellent in theory but in practice, the corruption will move from NNPC to another place. Places Like revenue generating agencies and the new companies will start receiving NNPC visitors .
No doubt NNPC has got to go.
I will go further to take back all oil blocks from Nigerians apart from the ones the majors ( marginal fields ) are not interested in exploiting.
Like I said before, let them go and build biscuit factories if they are that good a businessman.
For me,the only solution is to prevent clowns like Jonathan from ever getting close to power and neo-liberal fakes like Iweala from ever getting appointments.

Your dependence on oil is what will kill you. That's all.

What is this thief saying?