Ayodele Olalere
Peter Obi, the presidential candidate of the Labour Party in the 2023 presidential election has described President Bola Tinubu led administration as incompetent and ineptitude for causing the current fuel scarcity in Nigeria.
In a post shared on his X handle today September 3, Obi described NNPCL as a confusing company as a result of the conflicting reports from the company over the state of its revenue and debt profile which he said has left Nigerians in the dark.
He urged Nigerians to hold NNPCL accountable by ensuring they demand for the truth as regards the financial status of the company.
Obi noted that the inability of the Dangote Refinery and other modular refineries’ to secure enough crude oil supply and NNPCL’s search for outside operators for its refineries are indications Tinubu’s administration is incompetent.
“Nigerians must stop at nothing in demanding transparency from the operations of the government, especially critical agencies like the state-owned NNPCL whose activities appear to be shrouded in secrecy. The conflicting reports on subsidy payment has left Nigerians in the dark.
” Unsure of what is happening in this important company. It is very curious that the Nigerian National Petroleum Corporation, NNPCL which declared a N3trillion profit in 2023 is coming up with a bizarre claim of ‘financial constraints’ in supplying fuel.
The fuel scarcity characterised by endless and untold hardship is a direct result of the government’s ineptitude . The $20billion Dangote refinery and other modular refineries struggles to get crude oil supply and NNPCL outside search for outside operators for its refineries are further proof of this administration’s incompetence .
We demand a better level of transparency in NNPCL operations, financial dealings and plans for the future . The petroleum Industry Act mandates an open and transparent NNPCL.
We should not stand idly by while this administration violates our law . We demand that this administration come clean on these issues and take responsibility for the mess it has created,” Obi tweeted.