x

Protest at National Assembly Over Alleged Corruption in Petroleum Sector

By   Milcah    Tanimu

On Friday, protesters stormed the National Assembly Complex in Abuja, calling for immediate action on alleged corruption within Nigeria’s petroleum sector. The protest, organized by the Nigerian Coalition of Civil Society Organisations (NICOCSO), criticized policies they say harm local refinery development and force Nigeria into costly fuel imports.

NICOCSO demanded an investigation into the alleged “sabotage” of local refinery projects, claiming that actions by the Nigerian National Petroleum Company Limited (NNPCL) prevent Nigeria from becoming self-sufficient in fuel production. The coalition also called for the removal of Mele Kyari, NNPCL’s Group CEO, whom they accuse of supporting policies that hinder local fuel production and favor expensive imports of Premium Motor Spirit (PMS).

“These policies focus only on profit and fail to support initiatives for Nigeria’s energy independence,” stated NICOCSO spokesperson Segun Adebayo at the rally.

Adebayo argued that NNPCL’s reliance on fuel imports drains Nigeria’s foreign exchange reserves, weakens the naira, and adds economic strain, benefiting only a small group within the NNPCL. He pointed to local entrepreneurs like Aliko Dangote, whose investment in the Dangote Refinery could reduce reliance on fuel imports and boost the economy. However, NICOCSO claims NNPCL prioritizes imports over local refinery efforts, discouraging potential investors and job creation.

The protesters urged President Bola Tinubu to caution NNPCL’s leadership and investigate alleged corrupt practices within the petroleum sector to support Nigeria’s path to energy independence.

Hot this week

ECOWAS Peace Fund, UCARE Nigeria Render Humanitarian Services to Over 2,000 IDPs in Benue

By Isaac Kertyo, Makurdi The ECOWAS Peace Fund, in partnership...

Kogi Poly Final-Year Student Allegedly Dies During Abortion in Lokoja

By Noah Ocheni, Lokoja A final-year student of Kogi State...

ASUU Describes FG Loan Proposal as Poison Chalice

By Muhammad Ibrahim, Sokoto The Academic Staff Union of Universities...

Omo-Agege will not contest 2027 Delta governorship-party chieftain

By Anne Azuka Former Secretary of the All Progressives Congress,...

Goronyo Commends Swift Rescue Response, Reaffirms FG’s Commitment to Waterway Safety

By Muhammad Ibrahim, Sokoto The Federal Government has restated its...

Gov Mutfwang Distributes Nutrient Supplements to Tackle Child Malnutrition in Plateau

By Israel Adamu, Jos The Plateau State Government, in collaboration...

We Are Facing Series of Challenges in the Institution — Prof. Bashir Garba

By Muhammad Ibrahim, Sokoto The Vice-Chancellor of Usman Danfodio University,...

KADSG Warns El-Rufai Against Alleged Plot to Destabilize Peace

By Achadu Gabriel, Kaduna The Kaduna State Government (KADSG) has...

Insecurity: Leave North-Central out of your propaganda, lies – APC Forum knocks El-Rufai

By Israel Adamu, Jos The North-Central All Progressives Congress (APC)...

UDUS Graduates Over 4,000 Students at 42nd Convocation

By Muhammad Ibrahim, Sokoto Usmanu Danfodiyo University, Sokoto (UDUS) has...

FG Tasks Agency Chiefs on 100% Performance in 2025

By Francis Wilfred The Minister of Interior, Dr. Olubunmi Tunji-Ojo,...

Alleged Blasphemy: Woman Lynched, Burnt to Death in Niger Community

By Achadu Gabriel, Kaduna A restaurant operator identified as Amaye...

9th NYG: Athletes Ready as Track Events Kick Off in Asaba

By Anne Azuka Athletics events at the ongoing 9th National...
spot_img

Related Articles

Popular Categories

spot_imgspot_img