Arrest, jail those who stole NNPCL money – Ex-CFO, Ajiya to Nigerian Govt 

1 day ago 1

Umar Ajiya, a former Chief Financial Officer of the Nigerian National Petroleum Company Limited, NNPCL, has urged the Federal Government to arrest and jail those who have stolen money from the company.

Ajiya spoke while addressing the Senate over claims that N210 trillion was missing from the company’s coffers.

According to the former CFO, such claims were false and inaccurate.

He said: “The figures that arise the attention of many of you and the Nigerian public that the huge sum of N5.8 billion was used to register the new company, NNPC is not true, it’s inaccurate.

“The amount that was used to register that company is N2.9 billion and it was paid to two government agencies, Corporate Affairs Commission and FIRS which is now NRS and you can corroborate it with CAC.

“What happened, perhaps someone must have misled the committee on the fact that NNPC being the child of Mobil, ought to have been given the money to be used for the registration by the federation because in accordance with the PIA, it’s these shareholders that represent the Nigerian public.

“And because Mobil did not bring the money, NNPC paid the money to FIRS and CAC. No third party was paid a kobo to register that company.

“Coming to the second issue which is the N210 trillion, this is similar to what Hon Gudaji was talking about that trillions are missing due to stamp duty. The reality here is that the whole revenue earned in the period under review for the whole NNPC, assuming no kobo was spent to produce the oil was N54.5 trillion.

“So how can N210 trillion miss, I have advice before the Auditor General to do a forensic audit of NNPC and find the truth, whoever has stolen money, go and look for him and jail the person.

“We don’t steal, we are patriotic, we block leakages, so when you hear people say that N210 trillion is missing, why is the N210trn gone to? Ask the NFIU, EFCC, and all of them to go and look for it.”

Arrest, jail those who stole NNPCL money – Ex-CFO, Ajiya to Nigerian Govt 

Read Entire Article
Disclaimer naijasurenews.com only organizes news items from different sources and should not be held responsible for any news item on this website. Opinions and issues conveyed here are not ours but our respective sources. All trademarks and copyrights on this page are owned by their respective owners Copyright © 2026 Naijasurenews.com, all rights reserved.Made with 💖 in Nigeria by Gimo Internet Tech. Whatsapp +2349029467326