Exclusive, Top Stories, Photo News, Articles & Opinions
NNPC $12M Payment To Militants Matters Arising



PRESS STATEMENT  

27th JULY 2008

 NNPC $12M PAYMENT TO MILITANTS MATTERS ARISING

 Conference of Nigeria Political Parties {CNPP} is outraged when the Group Managing Director {GMD} NNPC, Abubakar Yaradua told the nation, that huge sums of money is going down the drain in the name of protection of oil facilities.

  GMD, Abubakar Yaradua told the House of Representatives Committee that,‘The price we pay is very high. It is difficult to get expatriates to work in the Niger Delta. We paid militants $12m {N1.4bn}, because we were losing $81m daily to the problem of the Charnomi Creek pipeline in Delta State’

 The matters arising out of this innocent submission by the GMD is one, if $12m is paid to either militants or local company to protect the Charnomi Creek pipeline, how much was paid since the insurgence of the militants, to protect Bonga and other oil facilities in the Niger Delta?

advertisement

 Two, who authorized or appropriated the payment?

 Three, where is the Military Joint Task Force {JTF} in all this calculation?

 CNPP outrage is predicated on our earlier position that, Massive Infrastructural Development is what is needed in the region. How can Nigeria earn over $77 billion between 2003 and 2008, going by the GMD, NNPC’s account, and minimum of $10 billion cannot be set aside for the development of the region?

 It is very disheartening that when Nigerians are celebrating that the era of Chief Olusegun Obasanjo’s gerrymandering and orchestra of deception on the issue of Niger Delta and indeed Nigeria development is gone; we are confronted with President Umaru Yaradua, who is engrossed in inertia template, sermonizing over the need for summit, dialogue or emergency.

 The danger of President Yaradua’s inertia template is that centers of power are mutating gross corruption around him. Can President Yaradua, as the main Minister of Petroleum, tell Nigerians how much is expended in the protection of oil facilities?

 We bemoan the capture the of oil industry by kleptomaniacs, a scenario that has put to test the new helmswoman in the Economic and Financial Crimes Commission {EFCC}, Mrs Fraida Waziri. It is incumbent on her to unravel how much we loose in the protection of oil facilities.

 Consequently, we call on the EFCC to as a matter of urgent national importance to investigate the millions of dollars siphoned through the so called protection of oil facilities without prejudice to the JTF. Failure which she will vindicate some of us who cried out that she is coming to equity with unclean hands.

 Osita Okechukwu
 National Publicity Secretary
 CNPP
 08039738870

 

advertisement
International Media
Nigeria Newspapers
Media Partners
Entertainment
MUSIC
Movement Of The People
Advertisement
Contact Us
Jackson Ude (publisher)
Phone No: (347) - 323 - 1693
Churchill Umoren (editor)
Phone No: (267) - 902 - 1923
Oladimeji Abitogun (managing editor)
Phone No: (913) - 384 - 2454
© Copyright of pointblanknews.com. All Rights Reserved.