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PDP Governors Condemn NNPC, Cbn’s Management Under Buhari - Politics - Nairaland

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PDP Governors Condemn NNPC, Cbn’s Management Under Buhari by NwaNimo1(m): 7:46am On Jun 15
The governors elected on the platform of the Peoples Democratic Party (PDP) have condemned the way top government agencies like the Nigeria National Petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN) have been managed under President Muhammadu Buhari’s administration.

The governors, under the aegis of the PDP Governors’ Forum, said the agencies have been run with complete disregard to true federalism and against the interest of the Nigerian people.

They also mentioned others like the Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Communication Commission (NCC), Federal Inland Revenue Services, the Nigerian Customs Service.

These are the agencies that bring in huge revenue to the Nigerian government.

The governors said NNPC’s operations, for instance, have been so “opaque”.

The PDP governors made their position known in a communique issued on Monday after their meeting in Uyo, Akwa Ibom State.

According to the communique, the governors “decried the recent NNPC’s decision not to make its statutory contributions to the Federation Account, thereby starving the States and Local Governments and indeed Nigerians of funds needed for employment, development and general wellbeing”.

NNPC, the governors said, is bound by the Nigerian Constitution to pay the proceeds of sale of petroleum into the Federation Account for onward sharing to the three tiers of government.

They said the NNPC rather prefers to use its discretion to decide “how much to spend, how to spend it and how much to remit to the Federation Account, contrary to the letters and even the spirit of the 1999 Constitution.”

https://www.premiumtimesng.com/news/headlines/467823-pdp-governors-condemn-nnpc-cbns-management-under-buhari.html
Re: PDP Governors Condemn NNPC, Cbn’s Management Under Buhari by dlaw70: 7:53am On Jun 15
V

Re: PDP Governors Condemn NNPC, Cbn’s Management Under Buhari by Agbegbaorogboye: 8:09am On Jun 15
The minister of petroleum will not like this
Re: PDP Governors Condemn NNPC, Cbn’s Management Under Buhari by Sunnybay7: 8:20am On Jun 15
What do you expect from a cow advocate
Re: PDP Governors Condemn NNPC, Cbn’s Management Under Buhari by teadrake(m): 9:56am On Jun 15
Nigeria as a whole is poorly managed by this administration. God help us

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