Alleged N5.7bn Fraud: Tinubu Told To Take Action Against NNPCL Boss
The coalition of economic accountability under the Patriotic Nigerian Youth Forum (PNYF) has raised serious concerns over alleged corruption within the Nigerian National Petroleum Company Limited (NNPCL), calling on President Bola Ahmed Tinubu to intervene.
Source: Twitter
The coalition specifically criticised the N5.7 billion consultancy contract awarded by NNPCL to a little-known firm, HASKE, without following due procurement procedures such as advertisement, tender, or competitive bidding.
They labelled the contract scandalous and a clear breach of procurement laws.
In a statement signed by Comrade Olamide Odumosu and Comrade Haruna Gambari, Convener and Co-Convener of the coalition respectively, the group expressed deep disappointment over what they described as “opaque transactions and corrupt practices” under CEO Bayo Bashir Ojulari.
They condemned his approval of an expensive retreat in Kigali, Rwanda, which went against President Tinubu’s directive to cut down on unnecessary overseas trips.
Bayo Bashir Ojulari, appointed CEO of NNPCL in April 2025 to reposition the company in line with the government’s Renewed Hope Agenda, has been accused of failing to provide a clear roadmap for the company’s productivity or international competitiveness.
The coalition alleged that his tenure is already marked by scandal and mismanagement.
The coalition, representing 52 civil society organisations, urged President Tinubu to immediately overhaul NNPCL and appoint credible leaders who can genuinely serve Nigeria’s interests.
They gave a one-week ultimatum for decisive action, warning that failure to act would prompt them to mobilise and occupy the NNPCL premises to prevent Nigerians from being short-changed.
The coalition emphasised that their fight is to uphold the principles of accountability and transparency, urging the government to deliver on its promise of the Renewed Hope Agenda by ensuring honest stewardship of Nigeria’s resources.
They vowed to continue pushing for justice regardless of tribal, religious, or political affiliations.
PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy!
Source: Legit.ng
