Atiku Abubaka.webp
The Digest:

Former Vice-President Atiku Abubakar has demanded that the Tinubu administration explain the NNPC’s expenditure of N17.5 trillion on pipeline security in 2024. This call explores a significant financial controversy, engaging a crucial debate on public resource management and empowering citizens with questions about accountability and the diversion of national wealth.

Key Points:
  • Atiku Abubakar has questioned the NNPC's N17.5 trillion spent on pipeline security in 2024.
  • He demanded a full disclosure of the companies awarded the contracts and their deliverables.
  • The former VP called for an independent forensic audit of the entire expenditure.
  • He compared the sum to the N18 trillion spent on petrol subsidy over 12 years.
  • Atiku alleged the funds were redirected to opaque contracts for presidential allies.
  • He described the spending as "grand larceny dressed as public expenditure."
  • The statement urged the government to halt further disbursements until accountable.
This demand strikes at the heart of fiscal governance, questioning whether the nation's resources are truly rooted in public interest or lost in a storm of opaque deals.

Sources: The Cable