NNPC ₦210tr financial irregularities: Nigeria has become a crime scene – Obi

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The Labour Party LP Presidential candidate in the 2023 Presidential election in Nigeria and former governor of Anambra State, Peter Obi says, Nigeria has become a crime scene.

Pix: Peter Obi

He however, expressed his optimism that a new Nigeria is POssible.

Obi was reacting to the recent revelation by the Senate, which uncovered the audited accounts of the NNPC from 2017 to 2023 that uncovered ₦210 trillion in financial irregularities.

In his official “X” handle, Obi tweeted “It is with the utmost sadness that I once again reaffirm what I have consistently said: Nigeria has become a crime scene.

“How else does one explain the recent revelation by the Senate, which uncovered the audited accounts of the NNPC from 2017 to 2023? The Senate uncovered ₦210 trillion in financial irregularities, ₦103 trillion in so-called “accrued expenses”, and another ₦107 trillion in unaccounted “receivables.” No documentation. No accountability. No consequences.

“This is not just another scandal, it is a clear and damning confirmation of a nation held hostage by monumental corruption.

“Our national budget within the said period of 2017 to 2023 is as follows:
2017 ₦7.440 trillion.
2018 ₦9.120 trillion
2019 ₦8.916 trillion
2020 ₦10.590 was initially approved and in June revised to ₦9.974 trillion due to COVID.
2021 ₦13.588 trillion.
2022 ₦17.130 trillion
2023 ₦21.830 trillion

Total: ₦88.010 trillion

“Our total national budget within the said period was not up to 50% of the said financial discrepancies and irregularities.

“This is a criminal institutionalised betrayal of the Nigerian people and a grave threat to the future of the society our children will live in.

“No responsible nation can continue to function like this without confronting this truth. This criminality masquerading as governance must be stopped and dismantled for a better Nigeria”.

According to him in the tweet he personally signed, “A new Nigeria is POssible”.

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