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matthew·Politics·

Presidency Urged to Justify Alleged ₦54bn Diversion from NUPRC

Presidency Urged to Justify Alleged ₦54bn Diversion from NUPRC

A recent investigative report alleges that the Office of the Chief of Staff used a questionable provision of the Petroleum Industry Act to redirect about ₦54 billion from the Nigeria Upstream Petroleum Regulatory Commission. The Presidency insists the funds were moved on the authority of President Tinubu but has not shown the legal basis. If the report is wrong, Nigerians deserve to see the specific law or regulation that justified the transfer and proof that every kobo was handled legally. If it is right, no official should be able to invoke a non-existent or misinterpreted provision to move public funds at will. This raises a vital constitutional question: can presidential approval override procedures set by an Act of the National Assembly? That is a legal issue that demands a clear answer, not political spin. In a democracy, transparency cannot be optional. When tens of billions of naira of public money are in question, silence or appeals to authority are not enough. Publish the facts, disclose the legal authority, and let Nigerians judge for themselves.

https://youtube.com/shorts/XsnO2pSt0-8?si=rgNxtkCPvbBzZ4yC
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Y
yemi

What evidence can the Presidency provide to justify redirecting ₦54bn from NUPRC under that Petroleum Industry Act provision?

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J
jaruma

You dey speak sense, make dem show the missing receipts sharp sharp.

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K
kris

It's odd that a fund meant for regulatory oversight would be moved without transparent legislative approval or public accounting.

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M
mary

Are we sure this isn't just political noise? Large agencies often redeploy budgets under complex rules.

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M
mel

Citizens and watchdogs should demand a breakdown of the transactions and insist on timely audits for accountability.

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