₦21TRN NNPCL SCANDAL: PETER OBI SAYS NIGERIA HAS BECOME A “CRIME SCENE”

₦210TRN NNPCL SCANDAL: PETER OBI SAYS NIGERIA HAS BECOME A “CRIME SCENE”

GREATRIBUNTVNEWS–PETER Obi ,Labour Party’s presidential candidate, has expressed profound dismay over the Senate’s discovery of ₦210 trillion financial irregularities in the Nigerian National Petroleum Company Limited (NNPCL). Obi lamented that the revelation further underscores his assertion that Nigeria has sadly become a “crime scene”.

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“How else does one explain the recent revelation by the Senate, which uncovered the audited accounts of the NNPC from 2017 to 2023? The Senate uncovered ₦210 trillion in financial irregularities, ₦103 trillion in so-called “accrued expenses”, and another ₦107 trillion in unaccounted “receivables.” No documentation. No accountability. No consequences,” Obi said in a post on X at the weekend.

He said: “This is not just another scandal, it is a clear and damning confirmation of a nation held hostage by monumental corruption.

“Our national budget within the said period of 2017 to 2023 is as follows:

2017 ₦7.440 trillion.

2018 ₦9.120 trillion

2019 ₦8.916 trillion

2020 ₦10.590 was initially approved and in June revised to ₦9.974 trillion due to COVID.

2021 ₦13.588 trillion.

2022 ₦17.130 trillion

2023 ₦21.830 trillion

Total: ₦88.010 trillion”

According to him, “Our total national budget within the said period was not up to 50% of the said financial discrepancies and irregularities.”

“This is a criminal institutionalised betrayal of the Nigerian people and a grave threat to the future of the society our children will live in.

“No responsible nation can continue to function like this without confronting this truth. This criminality masquerading as governance must be stopped and dismantled for a better Nigeria,” he said adding that “A new Nigeria is POssible.”