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Atiku Abubakar Demands Transparency on NNPC's ₦11.2 Trillion

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Atiku Abubakar Demands Transparency on NNPC's ₦11.2 Trillion

On October 4, 2026, Atiku Abubakar, the presidential candidate for the African Democratic Congress (ADC) in the 2027 general elections, called on President Bola Tinubu to publish comprehensive details regarding contracts, payments, and outcomes related to the NNPC's ₦11.2 trillion in other receivables from the Federation. In a statement signed by Phrank Shaibu, Director of Strategic Communication for the ADC Presidential Campaign Council, Atiku highlighted that the NNPC's 2025 accounts show this substantial figure, which includes advances and asset protection costs, yet lacks a breakdown of expenditures and security outcomes.

He contrasted this amount with the ₦3.1 trillion allocated to the Ministry of Defence in 2025, asserting that oil sector funding under Tinubu's administration significantly overshadows national defense resources. Atiku specifically mentioned Tantita Security Services and questioned the awarding of the Lagos-Calabar Coastal Highway contract to a company linked to the Chagoury family without public tender.

He criticized Tinubu's remarks after a European trip, suggesting a disconnect from the challenges faced by Nigerians, including poor infrastructure and insecurity.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

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