Sponsored
News

CNPP Hails Federal Govt’s Decision To Audit NNPC

Sponsored
Sponsored

The Conference of Nigeria Political Parties (CNPP) has commended the Federal Government for its decision to engage an external auditor to verify the Nigerian National Petroleum Company Limited’s (NNPC Limited) petrol subsidy claim. This move is seen as a vindication of the CNPP’s long-standing call for an independent forensic audit of NNPC Limited.

According to a statement signed by its Deputy National Publicity Secretary, Comrade James Ezema, CNPP said that the reduction of NNPC Limited’s subsidy claims from N6 trillion to N2.7 trillion after an initial audit by KPMG highlights the need for a comprehensive probe. “Since the Goodluck Jonathan administration, the CNPP has consistently demanded an independent forensic audit of NNPC Limited, now a government-owned company,” the statement read.

The CNPP has expressed concerns over the allegations of corruption, mismanagement, and lack of transparency that have peaked under the leadership of Engr. Mele Kyari, the Group Chief Executive Officer (GCEO) of NNPC Limited. “We commend the Federal Government for attempting to probe NNPC Limited, but insist that management suspension is crucial for an effective audit. Anything less would allow perpetrators to continue their nefarious activities,” the statement added.

The CNPP has described NNPC Limited as a hub of corruption, with its leadership embroiled in deceit and mismanagement. “We demand a comprehensive, independent, and transparent probe, including management suspension, to ensure justice and reveal the truth. This is not about individuals but about saving the Nigerian economy from collapse,” the statement concluded.

The CNPP’s call for a comprehensive probe and management suspension has sparked hopes that the truth behind NNPC Limited’s subsidy claims will finally be revealed, and those responsible held accountable.

Sponsored
Alinnor Arinze

Recent Posts

Balkanization Of Umuchu Votes: Amanasaa Becomes Battleground As Ofubuike vs Onwa Split Aguata Federal Constituency

KINGSLEY EBERE  Umuchu, the political heartbeat of Aguata Local Government Area, is in the throes…

3 minutes ago

Egbin Power Reinforces SDG 4 Commitment As 11th Edition of Scholarship Programme Begins

Egbin Power has commenced the 11th edition of its annual scholarship programme, reaffirming its commitment…

1 hour ago

Jumia Brand Festival 2026 Launches 20 Days Of “Beta Prices, Direct From Source” Exclusive Deals

Jumia is set to kick off the 2026 edition of its annual Brand Festival with…

2 hours ago

MTN Foundation, UN Women Partner To Empower 200 Rural Women Entrepreneurs

MTN Foundation and United Nations Women have signed a Memorandum of Understanding (MoU) to expand…

7 hours ago

Man, 54, Arraigned For Allegedly Throwing Wife’s Belongings Onto Street In Lekki

CYRIACUS IZUEKWE A 54-year-old man, John Omoera, was arraigned before a Lagos Magistrate Court over…

8 hours ago

BBNaija S11: 15 Housemates Up for Eviction in Week 6

All housemates, except Head of House Abi and Most Influential Player of the Week Sheba,…

8 hours ago
Sponsored