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Obi Slams NNPCL Over N210 Trillion Audit Scandal
The Business NG
|The BusinessNG
Labour Party's 2023 presidential candidate, Peter Obi, has condemned the Nigerian National Petroleum Company Limited (NNPCL) over alleged financial discrepancies amounting to N210 trillion.
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Reacting to revelations from a Senate audit report covering the company's financial operations between 2017 and 2023, Obi described Nigeria as a “crime scene” plagued by unchecked corruption.
In a statement posted on X (formerly Twitter) on Friday, Obi said the figures outlined in the Senate's audit were staggering and pointed to a deeply flawed governance structure. The audit reportedly revealed N103 trillion in unexplained “accrued expenses” and N107 trillion in unaccounted receivables.
“It is with the utmost sadness that I once again reaffirm what I have consistently said: Nigeria has become a crime scene,” Obi said. “How else does one explain the Senate's revelation of N210 trillion in financial irregularities with no documentation, no accountability, and no consequences?”
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