Peter Obi links recurring fuel scarcity to lack of transparency in NNPCL’s operations - Ripples Nigeria
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Peter Obi links recurring fuel scarcity to lack of transparency in NNPCL’s operations

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Former presidential candidate of the Labour Party, Peter Obi, has urged Nigerians to demand transparency in the operations of government agencies, particularly the Nigerian National Petroleum Company Limited (NNPCL), which he accused of shrouding its activities in secrecy.

In a statement on Tuesday, Obi expressed concern over the conflicting reports on subsidy payments, saying it has left Nigerians in the dark about the company’s activities.

“It is very curious that the NNPCL, which declared a N3 trillion profit in 2023, is coming up with a bizarre claim of ‘financial constraints’ in supplying fuel,” Obi said.

He attributed the fuel scarcity crisis, characterized by endless queues and untold hardship, to the government’s ineptitude.

“The $20 billion Dangote Refinery and other Modular Refineries’ struggles to secure crude oil supply and NNPCL’s search for outside operators for its refineries are further proof of this administration’s gross incompetence,” Obi added.

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The former governor of Anambra State demanded a better level of transparency in NNPCL’s operations, financial dealings, and plans for the future.

“The Petroleum Industry Act mandates an open and transparent NNPCL, we should not stand idly by while this government violates our laws,” Obi said.

He called on the administration to come clean on the issues and take responsibility for the mess it has created.

“We should not rest until we uncover the truth and hold those responsible accountable. The Nigerian people deserve better,” Obi concluded.

Obi’s statement is a clear indication of his dissatisfaction with the government’s handling of the fuel scarcity crisis and the lack of transparency in NNPCL’s operations. His call for accountability and transparency is likely to resonate with many Nigerians who are frustrated with the situation.

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