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

Defaulters of Payment of Ground Rent Bills Risk Property Transfer to FCTA, Wike Warns

By Joyce Remi-BabayejuThe FCT Minister Barr. Nysome Wike...

Northern CAN Warns Kwara Church Attack, General’s Killing Could Deepen Nigeria’s Insecurity

By Achadu Gabriel, KadunaThe Northern chapter of the Christian...

Tinubu Condoles Family of Late Senator Solomon Ewuga, Hails Him as Exemplary Leader

By Francis WilfredPresident Bola Ahmed Tinubu, GCFR, has...

Retired Public Servant, 3 Others Bag PhD From UniAbuja

A retired public servant, Fanny Ifeoma Mbonu, was among...

Oborevwori Presents N1.664 Trillion 2026 Budget, Prioritises Infrastructure and Economic Growth

By Anne AzukaDelta State Governor Sheriff Oborevwori on Wednesday...

North-Central APC Forum Urges Review of Yilwatda’s Appointment as National Chairman

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

Air Bayelsa Makes Maiden Commercial Flight as State Unveils First-Owned Aircraft

Bayelsa State on Tuesday marked a historic milestone with...

MAKEMS 2025 Jewelry Exhibition Holds Saturday in Abuja as Collectors Join Auction Bid

The highly anticipated MAKEMS 2025 Jewelry Exhibition is set...

NYA Appoints New State Chairmen for Southwest Ahead of 2027 Elections

By Jabiru HassanThe National Youth Alliance (NYA) has appointed...

Ododo Meets Defence Chiefs, Police IG, DSS DG to Strengthen Security in Kogi

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

Troops Foil Bandits’ Attack, Rescue Kidnapped Victim in Kogi

By Noah Ocheni, LokojaTroops of the 12 Brigade of...

Related Articles

Popular Categories

spot_imgspot_img