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

Osunmaibio FC Win Ekeremor Title After Penalty Shootout Victory

Osunmaibio FC have emerged champions of Ekeremor Local Government...

Hajj 2026: CSO Seeks Committee to Oversee Hady for Nigerian Pilgrims

By Jabiru HassanA civil society organisation, , has called...

2027: Ex-Kaduna Speaker Endorses Tinubu, Gov Sani, Declares for Senate

…Says Tinubu funded Northern governors more than predecessorsBy Achadu...

Gary Neville Likens Man United Prospect to Ramos and Pepe After Chelsea Display

Gary Neville has praised Ayden Heaven following his standout...

Amagbein Distances Self From Alleged Plot To Disrupt Pro-Tinubu Campaigns Over Pipeline Surveillance

By Our CorrespondentNiger Delta ex-agitator, self-styled General Endurance Amagbein,...

FCT NUT Strike Disrupts School Resumption Ahead of WAEC Exams

By Joyce Remi-BabayejuSchool resumption across the Federal Capital Territory...

Borno: Bandits allegedly blocked Buratai, Damaturu road, abducted 30 Wednesday 

By Achadu Gabriel, Kaduna Bandits suspected to be Boko Haram...

IHR Applauds Kebbi pilgrims Board For Early Flight Manifest Release, Urges Others To Follow Suit.

By Jabiru Hassan.A faith-based civil society organisation, Independent...

Ibeno Clan rebukes Eket, Esit Eket over ownership claims of community

By Ogenyi Ogenyi,UyoThe Ibeno Clan Council has condemned what...

Arsenal’s Next Five Fixtures Across All Competitions

Arsenal FC are approaching a crucial phase of the...

Gary Neville Likens Man United Prospect to Ramos and Pepe After Chelsea Display

Gary Neville has praised Ayden Heaven following his standout...

Manchester United’s Next Five Premier League Fixtures

As the season approaches its decisive final stretch, Manchester...

Related Articles

Popular Categories

spot_imgspot_img