Reacting, Rafsanjani blamed the rot in NNPCL on Nigeria’s presidents and the National Assembly.
Transparency International Nigeria has blamed President Bola Tinubu and former presidents Muhammadu Buhari and Olusegun Obasanjo for the years of unaccounted funds and corruption in the Nigerian National Petroleum Company Limited (NNPCL). “The president is responsible. Whether Buhari, Tinubu, or Obasanjo. That is why we have advocated for a substantive minister of petroleum,” said Auwal Rafsanjani, TI Nigeria’s country director. He called for a comprehensive audit of NNPCL finances dating back to 1999, noting that the National Assembly also failed in its oversight role.
Energy expert Ameh Madaki also backed the call for an in-depth probe, describing the NNPCL’s financial practices as opaque and historically unchecked. “The probe required in NNPCL under Mele Kyari goes far beyond the N500 billion referred to in the World Bank report,” Madaki said. He urged new GCEO Bayo Ojulari to reform the company and end its long-standing secrecy to ensure accountability and public benefit.
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