₦airaland Forum

Amid the controversial $6 billion debt being owed to petrol suppliers by the Nigerian National Petroleum Company Limited, NNPCL, a Northern group, Arewa Democratic Front, ADF, has urged President Bola Tinubu to take decisive action.

DAILY POST recalls that the Chief Communications Officer of the NNPCL, Mr. Olufemi Soneye, confirmed the debt, highlighting the severe financial strain it had imposed on the company’s operations.

The confirmation comes at a time fuel crisis has persisted in the country despite promises by the NNPCL.

In a statement made available to DAILY POST on Monday, the ADF, through its National Coordinator, Engr. Mustafa Yusuf and the National Secretary, Malam Muazu Haruna said Nigerians had suffered enough under the Mele Kyari-led NNPCL.

The Arewa group said it was compelled to speak out against the current fuel crisis and the disastrous mismanagement of the petroleum sector under the NNPCL.

According to ADF, “It is both alarming and deeply disheartening that under the watch of Mele Kyari, the Group CEO of NNPCL, Nigerians are being forced to purchase Premium Motor Spirit (PMS) at exorbitant prices exceeding N1,000 per liter in some areas.

“This situation, which has pushed many citizens to the brink of despair, is a direct consequence of the gross inefficiency that has come to characterize the NNPCL.”

“The suffering inflicted on the masses, who have already been battered by economic hardships, cannot be overstated.

“It is a travesty that a country as rich in oil resources as Nigeria should find itself in such a deplorable situation,” ADF lamented.

It added that the NNPCL’s alleged failure to manage the petroleum sector effectively was evident in the long queues at petrol stations across the country, which served as a daily reminder of the company’s ineptitude.

“The most damning evidence of this failure is the revelation of a staggering N6 billion dollars debt due petrol to ‘secret’ subsidy payments, despite the supposed cancellation of fuel subsidies over a year ago.

“This debt, which has been accumulated under the guise of subsidy payments, raises serious questions about the transparency and accountability of the NNPCL under Kyari’s leadership.

“Furthermore, the ADF is outraged by the blatant implementation of unfair subsidy practices, racketeering, and middlemen trading, all of which have exacerbated the fuel crisis and further undermined the credibility of the NNPCL.

“The recent shady acquisition of OVH Energy Marketing by NNPCL, coupled with the indiscriminate issuance of licenses to private operators, points to a deeply entrenched culture of corruption that has taken root within the corporation.

“These practices not only betray the trust of the Nigerian people but also pose a serious threat to the integrity of the Tinubu administration’s agenda.

“Mele Kyari’s failure to revive Nigeria’s moribund refineries, despite being provided with all necessary resources and support by the Tinubu administration, is yet another testament to his unsuitability for his position.

“The recent suggestion to hand over the management of these refineries to private firms is nothing but another scheme to defraud the nation under the guise of privatization.

“This proposal, if implemented, would only serve to deepen the crisis in the petroleum sector and further impoverish the Nigerian people.

“Kyari’s actions demonstrate a clear lack of respect for the rule of law and highlight his determination to operate with impunity. Such conduct is unacceptable from a public official, and it must not be tolerated.

“Given these grave concerns, the ADF calls on President Bola Ahmed Tinubu to act swiftly and decisively.”

ADF said to pave the way for a thorough investigation, President Tinubu should suspend Kyari.

“The Nigerian people have suffered enough under the weight of this fuel crisis.

“The continued presence of Mele Kyari at the helm of NNPCL is a clear and present danger to the nation’s economic stability.

“It is clear that he has run out of ideas and lost the moral authority to lead. The time has come for a complete overhaul of the NNPCL’s leadership.

“A new team, free from the taint of corruption and committed to transparency and accountability, must be appointed to steer the company— and by extension, the nation, towards a brighter future.

“The ADF stands with the suffering masses of Nigeria and will not relent in its advocacy for justice, equity, and the rule of law.

“We call on all well-meaning Nigerians, civil society organizations, and international partners to join us in this demand for accountability.

“Let the poor breathe. Let the suffering cease. The future of our nation depends on it,” the group further stated.

DAILY POST reports that several other Nigerians, including former Vice President, Atiku Abubakar, human rights lawyer, Femi Falana, have all demanded a thorough probe of the issues surrounding the fuel subsidy payment.

BeeBeeOoh:
https://dailypost.ng/2024/09/02/nnpcl-6-billion-debt-suspend-kyari-save-nigerians-adf-tells-tinubu/

Hemanwel:
They said NNPCL is owing debt but, no one goes to NNPC filling stations to get fuel on credit nah!

OP, do you buy fuel on credit?

The posters above and below me, do you also buy fuel on credit?

I jur tire!

adioolayi:
NNPCL is the biggest problem of this country ..

They take home bogus salaries and entitlements with zero results, especially those at the refineries...
Last last, it seems the only way out of this fuel mess for NNPCL is still this same Dangote...one wonders what were they thinking before...why this hostilities against someone you know will be the one to help