BLOODY CHANGE: N10 Trillion Hijacked!!! Saraki Explodes In Anger, Exposes Deep-Seated Corruption And Massive Looting In Buhari’s Office

By Post Nigeria January 30, 2018 08:59

BLOODY CHANGE: N10 Trillion Hijacked!!! Saraki Explodes In Anger, Exposes Deep-Seated Corruption And Massive Looting In Buhari’s Office

Senate President, Bukola Saraki, has exposed the massive corruption currently going in the Nigerian National Petroleum Corporation, NNPC, under President Muhammadu Buhari’s watch.

Post-Nigeria recalls that Buhari is currently the substantive Minister of Petroleum Resources.

Saraki was represented by the Senate Leader, Ahmed Lawan, at a public hearing on the re-introduction of subsidy, being conducted by the Senate Committee on Petroleum Resources (Downstream).

The Senate President regretted that: “Government has not done what we need to do to nip this problem in the bud.”

He disclosed that payments amounting to some N10 trillion, were hijacked to favour a few individuals.

“Findings have brought to light the fact that our downstream oil and gas industry needs critical reforms”, he said.

Saraki further stated that it had been exposed that: “In spite of the stoppage of the fuel subsidy regime, and non-appropriation of funds for the scheme, due to the fraud and maladministration going on in the scheme, fuel subsidy payments continue to be made illegally from our commonwealth to a few quietly, in order to dodge scrutiny and avoid exposure.”

The Senate President stated: “But this 8th Senate is here to expose all corruption in the system, irrespective of how highly placed those involved are. This unconstitutional and illegal practice must be addressed, and we are not going to rest until it is fully addressed.”

Saraki charged the Committee to “get to the bottom of this issue, and proffer long-lasting solutions to this racketeering in the fuel market that leaves the Nigerian people poorer every year.”

 

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