Nigeria’s opposition party, PDP says N14tr has been stolen under the present Buhari-led administration without any serious efforts geared at retrieving the money or probe the culprits.
The party’s National Publicity Secretary, Kola Ologbondiyan, who alleged the humongous corruption and treasury looting charged President Muhammadu Buhari to stay true to his anti-corruption campaign by opening up his government for investigation, the same way his Presidency was demanding probe of other elected officials in the legislature and state governments across the country.
The party demanded that the Buhari Presidency should investigate the whereabouts of N9tr or ($25b) allegedly stolen in the Ministry of Petroleum Resources through under-hand oil contracts, as detailed in a leaked NNPC memo.
According to him: “The Buhari Presidency should also explain the circumstances surrounding the handling of the N2.6tr oil subsidy regime, particularly the alleged N58 hidden tax per liter, which Nigerians have continued to bear since the fuel price increased from PDP subsidised cost of N87 to presumably unsubsidized cost of N145.“
It further challenged President Buhari to allow investigation into the alleged looting of over N40 billion Internally Displaced Persons (IDP) funds; the over N45billion allegedly looted from the National Health Insurance Scheme (NHIS); alleged siphoning of $322m repatriated funds; the alleged extortion of N1.2b through the Central Bank of Nigeria (CBN)’s Anchor Borrowers’ Programme, among others, within the next 14 days.