Adam Alqali

Civil society groups under the aegis of the Say No Campaign- Nigeria
have called for a thorough investigation regarding various allegations
of non-remittance of $20bn oil revenue to the federation account of
the CBN by the NNPC.

The Say No Campaign- Nigeria is a coalition of CSOs, the media, labour
unions, the organized private sector, faith-based organizations as
well as CBOs committed to fighting corruption, impunity, poverty,
violence and other governance challenges in Nigeria.

And this was made known at a press conference organised by the Say No
Campaign- Nigeria coalition in Abuja on Tuesday. Speaking on behalf of
the CSOs, Auwal Musa Rafsanjani said: “The Say No Campaign-Nigeria and
its collaborating civil society partners have followed with keen
interest the on-going probe of non-remittance of oil revenue to the
Federation Account by the Ahmed Makarfi-led Senate Committee on
Finance.”

“This is on the heels of revelations made through a letter
communicated by the Governor of Central Bank of Nigeria (CBN) to the
President on the same issue. At the heart of the probe and letter is
the Nigerian National Petroleum Corporation (NNPC) that is allegedly
responsible for the non-remittance initially put at $49.8 billion, but
had been narrowed down to different figures ranging from $10.8billion
to $20 billion,” he said.

He added that “Considering the enormity of the issues at stake, ” as
well as “the quantum of revenue involved and its implications for
transparent and accountable use of the country’s resources, The Say No
Campaign-Nigeria and its allied in the civil society struggle for a
better country are deeply concerned about the uncertainties that this
has created and the seemingly failure of any of the institutions named
in the issue to responsibly address the concerns raised.”

Amongst others, the CSOs demanded that the Senate Committee on Finance
“thoroughly investigate the issues before it and establish the true
state of affairs about the allegation of non-remittance of oil revenue
by the NNPC; as well as make practical recommendations – including the
institution of interfaced and automated system among revenue
collection agencies of government – on how best to deal with general
challenges of non-remittance by agencies of government, the NNPC
inclusive, to the Federation Account.”

2014-02-11T17:23:46+00:00February 11th, 2014|Categories: News, News Alerts|1 Comment

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