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There Is Ongoing Stealing Of Public Funds From The Coffers Of The NNPC -Governor Amaechi


There Is Ongoing Stealing Of Public Funds From The Coffers Of The NNPC -Governor Amaechi

Rivers State governor and chairman of Nigeria Governors’ Forum (NGF)
Mr. Chibuike Rotimi Amaechi has alleged that there is ongoing stealing
of public funds from the coffers of the Nigerian National Petroleum
Corporation (NNPC).

This is as he declared that despite the
decrease in funds allocated to states from the federation account, the
Rivers State government is not broke and cannot go borrowing to pay
salaries of civil servants in the state.

Amaechi, who spoke
yesterday when he appeared on a live radio phone-in special interview
programme, monitored in Port Harcourt, the state capital, said the
ongoing corruption in NNPC was undermining the revenue accruing to the
state in the federation.

He said, “The fact that our oil wells
have been given to Bayelsa, in Soku and Abia, in Etche, it will
naturally bring down our revenue. But beyond that is the stealing going
on in NNPC. The president is talking about oil theft; what quantity of
oil can they steal that will bring down revenue from N25 billion to N12
billion? So, the stealing is more in NNPC.

“This magazine, Forbes
rated our President as the 6th richest president in Africa and he is
denying it. Forbes is not a gossip magazine, it is what they see that
they present to the public. This is the first time someone is denying
his ranking in the magazine. People are saying I am abusing the
president, I have never abused him. The only thing is that I state the
facts the way they are. Forbes published that our president is the 6th
richest African President, it is not Amaechi.

“Oil theft is a
different thing and the stealing going on in NNPC is a different thing.
Corruption in NNPC is undermining the revenue the states are getting.
Our corruption index has gone down by nine points.

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3 Comments on "There Is Ongoing Stealing Of Public Funds From The Coffers Of The NNPC -Governor Amaechi"

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Victor Ndah

Instead of passing these information on air, why don't they try to fix the problem before its too late…


this is serious issue


they know themselves so they should try and settle it within them selves


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