$25bn NNPC contract scandal: Money meant to fund Buhari’s reelection – PDP

OrijoReporter.com, $25bn NNPC contract scandal

The Peoples Democratic Party (PDP) on Thursday claimed the alleged $25 billion contract scandal at the Nigerian National Petroleum Corporation (NNPC) was perpetrated to raise funds for the re-election bid of President Muhammadu Buhari.


The opposition party in a statement released by its spokesman, Dayo Adeyeye, described the alleged fraud as disgusting and expressed shock at silence of the presidency.

It suggested that such level of alleged fraud was possible because it had the tacit approval of the presidency, adding that the perpetrators did it to raise fund for President Buhari’s reelection campaign.

The statement reads in part: “The sum of $25 Billion said to have been the subject of the latest controversy, when converted to naira is about N9 Trillion, a sum that is bigger than the nation’s annual budget.

“This we find, is one of the very many reasons, the nation’s economy has nosedived under the inept administration of the APC.

“The allegations raised by the Minister of State for Petroleum Resources is a confirmation of our earlier stance that the APC administration is in tatters, an administration without coordination, but one planted firmly in the hands of a few cabal who are stealing the nation dry while the President continues to feign ignorance of the sickening stench.

“If not, how on earth can President Muhammadu Buhari justify a situation where a Minister he appointed to serve under him, presiding over an important sector like the oil sector, be turned to a mere house-help who must get clearance from some “outsiders ” before accessing the president?

“How on earth will a mere Managing Director of a corporation have the temerity to sideline a minister under whom he works and take decisions without consultation with the appropriate authority? “How on earth could the NNPC GMD have been bold enough to sideline the entire board of NNPC and take such far reaching decisions that have grave implications on the nation’s economy alone?

“We suspect and our suspicion is reinforced by the unfolding events that powerful people at the corridors of power are tacitly involved in this. If the President’s powerful Chief of Staff, Abba Kyari could sit on the NNPC board and such a calamity is taking place without an eyelid being blinked, we are forced to believe that the stealing is being done to the advantage of the President who has shown by his body language that the only thing that matter most to him for now, is his second term ambition.

“Will it be considered a “hate speech ” if we say the money being stolen by President Buhari’s men are being kept aside into a special pool for the prosecution of his second term ambition? “We challenge the president to prove us wrong by allowing his allies being caught up in acts of brazen stealing of our commonwealth, get punished in accordance with the laws of the land. Anything aside this, we will take as confirmation of our suspicion that the rottenness is from the very top.”

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