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2023 Presidency: Southern, Middle Belt Leaders Endorse Peter Obi

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South And Middle Belt Leaders

Elder Statesmen and prominent Leaders from four of the country’s six geopolitical zones have endorsed the Labour Party Presidential candidate, Mr Peter Obi, as their candidate in the Presidential Election which holds on February 25.

The Southern and Middle Belt Leaders Forum, (SMBLF) is made up of  leaders from the Middle- Belt, Ndi- Igbo (Ohanaeze) Afenifere, Pan Niger Delta Forum (PANDEF) and headed by Ijaw leader and elder statesman, Chief Edwin Clark.

The decision was taken at the end of the extraordinary meeting of the forum on Wednesday in Abuja.

The Communique was read by the immediate past President General of the umbrella body of Ndigbo Worldwide, the Ohanaeze, Chief John Nnia Nwodo.

Recall that Obi had received the endorsement of former President Olusegun Obasanjo, founder of Afe Babalola University, Chief Afe Babalola (SAN) and a host of other significant but quiet endorsements.

Outrage As Nigerians Groan Over Naira Scarcity; Joe Igbokwe Screams Sabotage; Questions Jaiz Bank’s Supplies

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By Ayodele Oni

There is outrage across the country over inability of Nigerians to withdraw money from their accounts.

This development has been going on since last week, when the deadline for deposit of old naira notes of two hundred, five hundred and one thousand was to close.

The Governor of the Central Bank of Nigeria, (CBN)  Emefiele after consultation with President Mohammadu Buhari on Sunday announced that the deadline has been extended till February 11.

The situation is further compounded by the limit of N20, 000 which a customer can withdraw from the ATM machine, which is the only source of the new notes, as those that make withdrawals on counter are issued with old notes, or mutilated five naira, ten naira and hundred naira notes.

POS operators did not help matter as they hike

Narrating his ordeal at a branch of one of the old generation banks, a chieftain of the ruling All Progressive Congress (APC) Joe Igbokwe, describe the refusal of banks to issue out new notes as a sabotage.

“They are not receiving, they are not issuing out. I thought they are lying until I came here to notice that nothing is going on, no transaction.

“This is a complete sabotage. Few days to the presidential election, and we are witnessing this. Who is doing this?

“If you know you are going to collect one trillion, you should have produced over a trillion naira new notes. What are we talking about, few days to the presidential election.

“I see it as a complete sabotage and those in charge as a matter of urgency should do the needful.

I am aware a new generation banks is receiving and giving out. Where did this bank got the money?

Why are other big banks just sitting down. This is a complete sabotage and we cannot take it. I am here to take money and they said there is none.

“What is going to happen to ordinary people. If the gold rust, what will happen to iron?’

Another female customer of a new generation bank had to cause stir as she put off her clothes, shouting in Yoruba that she must collect all her money and close the account.

The CBN had however doused the tension with its directive early Thursday that banks should start dispensing new notes on counter, but each withdrawal is pegged at N20, 000 daily.

“My Administration Will Unlock Zamfara Potentials”, Says Obi

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Peter Obi

Obi-Datti Presidential Campaign flight touched down in the North Western state of Zamfara on Thursday with the Candidate, Mr. Peter Obi and and his Vice Yusuf Datti Baba-Ahmad promising to unlock the abundant resources of the state into development for the good of the people.

The team which arrived the rally ground in Gusau, the state capital to a warm reception of jubilant supporters told the people that if voted into office by February 25, the God-given gift of natural resources of the state will be turned around for their good.

“Your natural resources should bring you good things not crime”

The Presidential flag bearer told the people that the insecurity that has bedeviled the state  for years now will be a thing of the past, as he and Datti have the key to unlock and pull the state out of poverty.

‘Zamfara state with its huge mineral resources has no business being one of the poorest states in the country’

The former Anambra state Governor assured the people that security is top in their agenda because it’s only in a secured environment that the huge potentials of the state can be properly and adequately harnessed.

He said their Labour Party manifesto stresses the importance of taking the country away from consumption to production and through that engage youths who are in their productive ages and reduce crimes and criminalities in the country.

Obi also talked of proper education for the people as he and Datti see education as investment and are therefore ready and willing to invest heavily in education and health.

The LP flag bearer reminded the people what the forthcoming election means for the country, a huge opportunity to take back from those holding down with their failed leadership and transform it into a country that can compete in the comity of nations.

He urged the people to ignore those who will approach them with the sentiments of religion and tribe because unlike in the past this election is to be based on characters we can trust, competence, capacity, capabilities and antecedents.

‘Enough of their lies and deceits’, Obi stressed

The enthusiastic organic crowd had waited patiently to hear the penetrating messages of Obi and his team. The team also addressed other critical stakeholders in the state.

CBN Moves To Make New Naira Notes Available, Checks Abuses, Directs Banks To Pay New Notes On Counter

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By Ayodele Oni

The Central Bank of Nigeria (CBN) has reminded Nigerians that it is an offence to abuse naira notes.

The CBN warning, is coming amidst hardship being encountered by Nigerians to get the newly redesigned notes of give hundred, two hundred and one thousand.

A statement on Thursday by the apex bank stated that the CBN, Police, and Other Agencies have been directed to prosecute sellers, abusers of Naira.

The bank assured that queues at ATMs will disappear soon and directed commercial banks to start paying the new notes on counter to customers.

The statement, signed by Osita Nwanisobi, Director, Corporate Communications reads “The Central Bank of Nigeria (CBN) has observed, with grave concern, the activities of persons who sell the newly redesigned banknotes and those who flagrantly abuse the legal tender by hurling wads of Naira notes in the air and stamping on the currency at social functions.

“We have equally noticed the queues at Automated Teller Machines (ATMs) across the country and an upward trend in the cases of people stocking and aggregating the newly introduced banknotes they serially obtain from ATMs for reasons best known to them.

“Also worrisome are the reported cases of unregistered persons and non-bank officials swapping banknotes for members of the public, purportedly on behalf of the CBN.

“We wish to state unequivocally that, contrary to the practice of these unpatriotic persons, it is unlawful to sell the Naira, hurl (spray),or stamp on the currency under any circumstance whatsoever.

“For the avoidance of doubt, Section 21(3) of the Central Bank of Nigeria Act 2007 (As amended) stipulates that “spraying of, dancing or matching on the Naira or any note issued by the Bank during social occasions or otherwise

howsoever shall constitute an abuse and defacing of the Naira or such note and shall be punishable under the law by fines or imprisonment or both.”

“Similarly, Section 21(4) states that “It shall also be an offence punishable under Sub-section (1) of this section for any person to hawk, sell or otherwise trade in the Naira notes, coins or any other note issued by the Bank.”

“Accordingly, the Central Bank of Nigeria (CBN) is collaborating with the Nigeria Police, Federal Inland Revenue Service (FIRS), the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit (NFIU) to address the unpatriotic practice.

“We, therefore, warn Nigerians, particularly those at social functions such as birthdays, weddings and funerals, to desist from disrespecting the Naira or risk being arrested by law enforcement agencies.

“While reiterating our commitment to Nigerians to ensure the effective distribution of the newly introduced Naira banknotes, we urge them to exercise patience as the CBN is working assiduously to address the challengeof queues at ATMs.

“In line with this resolve, the Govenor, Mr. Godwin Emefiele,has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of N20,000.

“We also admonish members of the public to embrace and adopt other payment channels for their transactions.

“The Naira is our legal tender and symbol of national pride. Therefore, let us respect it and handle it with care.”

Emefiele Orders Over The Counter Payment For New Notes, Pegs Daily Withdrawals To N20,000

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By Uche Mbah

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has ordered over the counter payment of new notes by commercial banks  as a matter of urgency.

In a statement Thursday signed by the Bank’s Director, Corporate Communications Osita Nwanisobi, the Apex Bank says this is part of recent moves to cushion the  sufferings of Nigerians struggling to get the new notes.

Since the CBN announced the extension of the deadline for Naira swap from 31 January to 6th February, scarcity of both old and new notes has thrown Bank customers into pandemonium.

But Nwanisobi said Emefiele has announced daily limits of withdrawal is N20, 000.

“In line with this resolve, the Governor, Mr. Godwin Emefiele, has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of N20,000,”he said in the statement.

He insisted that though the Automated Teller Machines, ATM, is frustrating Bank customers, racketeers, who are adding to the problems will be prosecuted. According to the statement, the CBN is working with relevant agencies to achieve this.

“We have equally noticed the queues at Automated Teller Machines (ATMs) across the country and an upward trend in the cases of people stocking and aggregating the newly introduced banknotes they serially obtain from ATMs for reasons best known to them. Also worrisome are the reported cases of unregistered persons and non-bank officials swapping banknotes for members of the public, purportedly on behalf of the CBN.

“We wish to state unequivocally that, contrary to the practice of these unpatriotic persons, it is unlawful to sell the Naira, hurl (spray), or stamp on the currency under any circumstance whatsoever,” it stated.

“For the avoidance of doubt, Section 21(3) of the Central Bank of Nigeria Act 2007 (As amended) stipulates that ‘spraying of, dancing or matching on the Naira or any note issued by the Bank during social occasions or otherwise howsoever shall constitute an abuse and defacing of the Naira or such note and shall be punishable under the law by fines or imprisonment or both.’

“Similarly, Section 21(4) states that ‘It shall also be an offence punishable under

Sub-section (1) of this section for any person to hawk, sell or otherwise trade in the Naira notes, coins or any other note issued by the Bank.’”

I’m Being Targeted For Elimination – Gov Ortom

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By Ayodele Oni

Benue state Governor, Samuel Ortom has said that some people want to eliminate him due to the insistence of his administration to discourage open grazing of animals in the state.

Ortom, who briefed newsmen in Makurdi on Thursday, particularly fingered the deposed Emir of Kano, Lamido Sanusi of leading a group that has been after his life.

Ortom in a prepared speech states “My attention was drawn to a write-up signed by 52 personalities of Fulani extraction led by the deposed Emir of Kano, Lamido Sanusi in form of a letter to Mr President in which the group leveled all manner of accusations against me in a desperate attempt to set me up for hatred, vilification and attacks.

“The group, which refused to give itself a name, accused me of being responsible for the recent killing of some pastoralists at Akwanaja, Doma Local Government Area of Nasarawa State via a bomb attack.

“They tried to link the Benue State Livestock Guards with the killings, claiming that the pastoralists were bombed on their way from Benue to Nasarawa after they had retrieved their cattle.

“The group maliciously accused me of carrying out genocide against pastoralists. The dethroned Emir Sanusi did not stop at that.

“He made a video in Hausa in which he maligned me and called on all Fulanis to consider me as their enemy while urging those in Benue State to vote against me during the coming elections.

“I consider these allegations and blackmail targeted at my person and the Government of Benue State as part of a grand conspiracy by enemies of the state to eliminate me.

“Since 2017 when we enacted the Open Grazing Prohibition and Ranches Establishment Law, I have escaped seven assassination attempts.

“Those behind the evil plots have not hidden their motive. They have made me an enemy for choosing to stand with my people and defending their rights to life and freedom.

“You will recall that on the 20th of March, 2021, I was attacked at Tyo-Mu along Makurdi-Gboko road by herdsmen.

“After the attempt on my life, a group named Fulani Nationality Movement (FUNAM) issued a press statement taking responsibility for the assassination attempt.

“They said I escaped because of a technical error, but that I wouldn’t be lucky another time. They vowed to get me at all costs.

“The recent utterances of some personalities such as Lamido Sanusi have revealed the true identities of those behind the sinister agenda to eliminate me.

“But my life is in the hands of God and only He can permit anything evil to come my way.”

On the activities of the state vigilante group, the Governor explained that “Our Livestock Guards operate within the boundaries of Benue State and are not permitted by law to bear arms.

“Their function is to help conventional security agencies in enforcing the law which protects both the farmer and the herder.

“The Guards have become target of attacks by armed herdsmen with many of them killed in cold blood. Benue State Livestock Guards do not rustle cattle.

“They legitimately impound cattle which are seen violating the law and take them to the quarantine unit for the period stipulated by the law.”

The Governor further explained that herdsmen had been attacking the people of the state as far back as 2009 but in 2011 was when the attacks assumed a dreadful dimension with widespread killings, injury and displacement of farmers from their ancestral homes.

“Benue State came under attack nearly 50 times before the law was enacted. My predecessor, Senator Gabriel Suswam was nearly killed by Fulani herdsmen in 2014 at Uikpan on his way to Torkula village in Guma local government area to see the damage caused by herdsmen in the community.

“When I was voted as Governor in 2015, my people who are predominantly farmers requested for a policy that would not only end hostilities and attacks on them by nomadic herdsmen, but would also allow both parties to peacefully coexist.

“As a result, the State Executive Council sent a bill to the State House of Assembly and the “Open Grazing Prohibition and Ranches Establishment Bill” was passed by the House of Assembly on 4th May, 2017 after public hearings were held in the three Senatorial Districts of the state.

“The law was enacted by representatives of the people in the Benue State House of Assembly, in exercise of its powers as provided for by Section 4 of the Constitution of the Federal Republic of Nigeria 1999 (as amended).

I publicly assented to the law in the presence of Benue State stakeholders on the 22nd of May, 2017.

“A six-month moratorium was allowed to create awareness about the Law and to enable those interested in establishing ranches to make proper arrangements to embrace what is considered as the global best practice of animal husbandry.

“Enforcement of the Law began on 1st November, 2017. The law does not target any ethnic group. It is meant to bring peace between herders and farmers.

“It is public knowledge that right from the day the law came into effect, umbrella bodies of nomadic herders boldly came out with impunity and said they would never obey the law.

“They vowed to mobilize Fulanis across the West African sub-region to invade Benue State and stop implementation of the law.

“They actualized their threats on the eve of the 2018 new year when they carried out simultaneous attacks on Guma and Logo local government areas killing 73 people whom we painfully gave a mass burial in Makurdi on January 11, 2018.”

The Governor gave a breakdown of series of invasion of the state saying that “Fulani herdsmen attacks on my people in the last couple of years have caused a devastating humanitarian crisis resulting in the killing of over 6,000 Benue people and the displacement of about two million others with many living in Internally Displaced Persons (IDP) camps.

“Our people have suffered the organized genocide masked in terrorism, not because they do not know their attackers.

“Benue people know those who are visiting them with unprovoked violence and killings, but as law-abiding citizens of Nigeria, we have chosen to sustain our belief in the conventional security agencies of this country.

“Now, the enemy has turned round to accuse our people of being the aggressors. Their aim is to blame the victim in order to launch more attacks on the state.

“On the 31st of January, 2023, armed herders blocked the Makurdi-Naka road and killed innocent people including the Divisional Police Officer of Gwer-West local government area of Benue State.

“Let me tell the dethroned Emir of Kano Lamido Sanusi and his conspirators that I cannot be intimidated by any of them.

“I hold the mandate of Benue people and my allegiance is to my people in respect of the Constitution of the Federal Republic of Nigeria which gives states as federating units, the power to enact laws for the good governance of their people.

“I have nothing personal against the Fulani. When I heard about the bomb attack in Doma in which pastoralists were killed, I visited my counterpart, the Governor of Nasarawa State, Governor Abdullahi Sule and sympathized with him and his people over the loss of his son and victims of the bomb incident.

“I consider the statement by the nameless group led by Lamido Sanusi as a mockery of thousands of Benue people killed by Fulani herdsmen.

“The group has chosen to spit on the graves of our people in a manner that smacks of impunity and lack of humanity.

“They are pushing a false narrative that 3,000 herders have been killed in Benue State without any proof of such an allegation.

“The other elder called Hakeem Baba Ahmed who claimed to be speaking for the Northern Elders Forum, leveled more verbal attacks on me. I elect to ignore and leave him with his conscience.

“When I started advocating for the establishment of ranches, I received criticisms from different quarters.

I was vilified for championing an impossible cause, but today, my joy is that the entire country, including those who wrongly attacked me, have come to agree that open grazing of animals is no longer feasible in a densely populated country like ours.”

“I must state categorically that the Benue State Government under my leadership has no hand in the Akwanaja incident.”

Imo Govt Tackles Ugochinyere, Calls Him Perennial Attention Seeker; Says He Shot Himself On The Foot

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Imo State Government on Thursday declared that the self acclaimed spokesman of a non existent Conference of United Political Parties ( CUPP), Ikenga Ugochinyere, once more shot himself in the foot, during a press conference in Abuja on Wednesday, by exposing his own lies and confirming that he is unfit to occupy an electable public office, particularly that of representing Ideato federal constituency in the National Assembly.

The Government said Ugochinyere was a perennial attention seeker who is destroying himself politically by constantly and baselessly attacking the Imo State Governor, Senator Hope Uzodimma, just to draw attention to himself in a desperate bid to help his sagging political misadventure, and consequently urged Nigerians to discountenance his rantings.

The State Commissioner for Information, Hon Declan Emelumba in a statement in Owerri on Thursday said Ugochinyere shot himself in the foot because ” he failed all through  the over one hour of his rambling to either acknowledge the brutal murder and butchering of his own Local Government Sole Administrator or to commiserate with his family, or even to include him among those he observed one minute silence for.”

The statement explained: “Ideato North where the late Sole Administrator came from, is one of the two Local Governments that Ugochinyere is seeking to represent in the Federal House. It is also his Local Government Area. By this callous act of condoning the brutal murder of his own Local Government Chairman, whilst shouting at the rooftops about the murder of his uncle and associates,  has Ugochinyere  presented himself as a man capable of representing Ideato people without prejudice? No. He has rather presented himself as highly unfit for the political office he seeks.”

The Commissioner further recalled that the same Ugochinyere had earlier announced that there were at least 14 APC states he found involved in his allegations of voter registration fraud and added,  “Now he claims that it is those he exposed in that regard that were after his life. Assuming without conceding that to be correct, the big question then is why single out Governor Hope Uzodimma? This shows that he is a liar who is irredemably enmeshed in self contradictions.”

The Commissioner wondered why a man who calls himself a lawyer can probate and reprobate at the same time all in a futile effort to rubbish Governor Uzodimma.

He disclosed that most of the allegations levelled against the Government and its officials during the press conference by Ugochinyere on Wednesday were defamatory and actionable and therefore being studied by the Ministry of Justice for appropriate response.

The Commissioner said since it was obvious that Ugochinyere has taken over the job of the Police and DSS by claiming to have evidence from his investigation and intelligence on those after him, he should now approach the courts with his evidence. “That is the civilised thing to do and not to continue to address press conferences bankrolled by his sponsors.”

On the allegation that the governor’s SA threatened his life on phone,  the statement said it was clear from even the audio he played at the press conference that the said Chinasa Nwaneri,  never threatened him.” Rather what he said was that he will imprison him ( Ugochinyere) for maligning his person and that was what Nwaneri tried to do by going to court.”

“On the whole there was nothing new in what he said apart from the rehash of the past meant to attract attention. It is the same old tactics; attack Uzodimma and attract attention to yourself even if it  means using a bogus CUPP which no one  knows the other members of the executive, including the chairman or even which political parties are members.”

The Commissioner described as pathetic the constant needling of the state government by Ugochinyere just to attract cheap popularity, saying there must be a limit to his mischief.

He restated the stand of the Government that it was innocent of allegations of burning down Ugochinyere’ s house.

“Our position is clear that Government has no hands in the ordeals of the man. Let him look inwards. As far as we are concerned Ugochinyere neither poses a threat to the Government nor does he worth anything politically,” he declared.

Emelumba noted that Ugochinyere knows he is an electoral liability,hence  his resort to castigation of the Government to maintain a modicum of relevance.

“He is completely unelectable in Ideato, that’s why he is dragging everyone down, that’s why he is seeking the disqualification of the APC candidate, that’s why he is insulting the governor and even the National chairman of his own party, to acquire relevance,” Emelumba said.

He told Ugochinyere to leave the media showmanship alone and face his campaign at the grassroots because elections are not won by press conferences.”

Cash Crisis: CBN Makes U-turn

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Godwin Emefiele

The Central Bank of Nigeria. CBN has directed commercial banks in the country to begin payment of the new naira notes over the counter, a development widely considered a reversal  of it’s earlier stand on the issue .

Recall that the Governor of CBN , Godwin Emefiele two weeks ago ordered the banks to only load the ATMs with the redesigned Banknotes.

The apex bank latest directive to the banks is however subject to a maximum daily payout limit of N20,000, according to Osita Nwanisobi, Director of Corporate Communication, CBN.

Nwasinobi said the apex bank  would work with security agencies to arrest and prosecute those who hawk the naira.

He explained that the CBN is not unaware of what Nigerians are going through to get the new notes since they were introduced last year.

Nwasinobi said: “The Central Bank of Nigeria (CBN) has observed, with grave concern, the activities of persons who sell the newly redesigned banknotes and those who flagrantly abuse the legal tender by hurling wads of Naira notes in the air and stamping on the currency at social functions.

“We have equally noticed the queues at Automated Teller Machines (ATMs) across the country and an upward trend in the cases of people stocking and aggregating the newly introduced banknotes they serially obtain from ATMs for reasons best known to them. Also worrisome are the reported cases of unregistered persons and non-bank officials swapping banknotes for members of the public, purportedly on behalf of the CBN.

“We wish to state unequivocally that, contrary to the practice of these unpatriotic persons, it is unlawful to sell the Naira, hurl (spray), or stamp on the currency under any circumstance whatsoever.

“For the avoidance of doubt, Section 21(3) of the Central Bank of Nigeria Act 2007 (As amended) stipulates that “spraying of, dancing or matching on the Naira or any note issued by the Bank during social occasions or otherwise howsoever shall constitute an abuse and defacing of the Naira or such note and shall be punishable under the law by fines or imprisonment or both

“Similarly, Section 21(4) states that “It shall also be an offence punishable under Sub-section (1) of this section for any person to hawk, sell or otherwise trade in the Naira notes, coins or any other note issued by the Bank.

“Accordingly, the Central Bank of Nigeria (CBN) is collaborating with the Nigeria Police, Federal Inland Revenue Service (FIRS), the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit (NFIU) to address the unpatriotic practice.

“We, therefore, warn Nigerians, particularly those at social functions such as birthdays, weddings and funerals, to desist from disrespecting the Naira or risk being arrested by law enforcement agencies.

“While reiterating our commitment to Nigerians to ensure the effective distribution of the newly introduced Naira banknotes, we urge them to exercise patience as the CBN is working assiduously to address the challenge of queues at ATMs.

“In line with this resolve, the Governor, Mr. Godwin Emefiele, has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of N20,000,” he said.

Meanwhile, sources in the banks said the new notes are only being allocated in a piecemeal to banks, and it will be difficult for them to  meet the demands of customers for cash at the current level they received allocation from the apex bank.

Fidelity Bank Full Year Profit Rises To N52 billion

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Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 billion for the Full Year 2022. This was made known in the Bank’s unaudited statement of account presented to the Nigerian Exchange, NGX, on Wednesday, 31 January 2023.

According to the regulatory filing, the commercial bank grew Gross Earnings by 33.9 percent to N335.897 billion (from N250.774 billion in FY 2021) and Net Interest Income by 61.1 percent to N152.813 billion (from N94.877 billion in FY 2021) leading to a Profit After Tax of N47.163billion for FY 2022 (from N35.579billion in FY 2021).

Similarly,the Bank’s total assets now stand at N3.999trillion (from N3.289trillion in FY 2021) and Deposit from Customers is now at N2.591trillion (from N2.024trillion in FY 2021).

Analysts posit that this is yet another strong showing for the tier-one bank having sustained impressive performance year-on-year even in the face of the economic headwinds.

Notably, the bank has managed to record one of the lowest Non-Performing Loans (NPL) ratios in the Nigerian banking industry, despite growing its Gross Earnings at an impressive rate,

NNPC: CNPP Replies Tinubu Group

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Chief Willy Ezugwu

Conference Of Nigeria Political Parties (CNPP) has responded to the insinuations by a group associated with the Presidential and Vice-presidential candidates of the ruling All Progressives Congress (APC), Bola Ahmed Tinubu and Kashim Shettima that the CNPP was engaging in what it described as “Cheap Blackmail” for accusing the management of incompetence and corruption.

The group, Tinubu Shettima Network (TSN), had maligned the CNPP for calling on President Muhammadu Buhari to purge the Nigerian National Petroleum Company Limited (NNPCL) of an alleged corrupt management team if the president wishes to end the perennial fuel scarcity in the country.

The group had said, “We expected CNPP to blame OPEC quota on oil thieves and the recent fuel scarcity on marketers rather NNPCL. Is it NNPC staff that are stealing oil. It is a cartel and the security agencies and politicians are involved and this has been happening since 1983 in this country?”

However in a reply issued by the CNPP Secretary General, Chief Willy Ezugwu, the CNPP noted that “in the first place, the use of a group associated with Tinubu to respond to a glary case of incompetence manifesting in fuel scarcity and unfortunate hike in pump price of petrol is a confirmation of the CNPP position.”

The CNPP added that Tinubu is the only politician in Nigeria who receives missing bullion vans according to his spokesperson, Comrade Ayodele Adewale who told the world that bullion vans pictured in his house was missing road.

“So, when one Kailani Muhammad, an associate of Tinubu speaks on corruption related defence, no citizen can take him seriously. The corrupt will most likely defend the corrupt.

“The CNPP, as the umbrella association of registered political parties and political associations in Nigeria, reiterates that setting up a 14-man Committee by President Muhammadu Buhari to find lasting solutions to the problems surrounding the supply and distribution chain of petroleum products in the country was an open indictment of the management team of the newly registered NNPC Limited.

“The Tinubu group had argued that since the repositioning of NNPC, nobody or leader can deep hands in NNPC’s coffers to steal money, but since the company was registered, unending fuel scarcity has worsened hardship burdens Nigerians have to bear under the APC government.

“Some experts have revealed that Nigeria losses about 600,000 barrels of crude oil per day to oil thieves while other put the stolen crude oil at 80 percent of Nigeria’s daily production.

“A vessel takes days to load crude oil and if as much as 600,000 barrels of crude oil per day is stolen, NNPCL must be complicit or incompetent.

“The NNPC has been accused by military sources of providing valid papers for some vessels after the illegal vessels have been arrested.

“That’s why many experts have continued to wonder aloud how vessels with stolen crude manage to beat the security agencies, especially the navy, to enter the country to illegally take the crude without connivance of NNPCL officials.

“Therefore, it is not out of blackmail for CNPP to point accusing fingers on the NNPCL management over continued oil theft and subsidy scam. It’s out of genuine concern as the corrupt cannot effectively fight corruption.

“This is why NNPC continued to defend allegation that it has been inflating figures released for the daily consumption of Premium Motor Spirit (petrol) in the country.

“Recall that the Comptroller-General of Customs, Col. Hameed Ali, and the state governors have at different times alleged an inflation by almost 50 percent in the NNPC figures on petrol consumption and demanded a probe of oil subsidy payments from 2015 till date to no avail”, the CNPP stated.