NNPC denies financing Saraki’s impeachment


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The Nigerian National Petroleum Corporation, NNPC, Sunday, denied that its chief executive is financing the planned impeachment of the Senate President, Bukola Saraki.

In a statement in Abuja, Group General Manager, Group Public Affairs Division of the NNPC, Ndu Ughamadu, distanced the corporation and its Group Managing Director, Maikanti Baru from the ongoing political tango in the National Assembly and the trending reports insinuating that Mr Baru had doled out funds to effect the impeachment of Mr Saraki.

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Mr Ughamadu, described the report as the handiwork of mischief makers seeking to drag the NNPC and its chief executive into a purely political affair totally different from its mandate as the national oil company with fiduciary responsibilities to the government and people of the Federal Republic of Nigeria.

He said, “The report is not only false but also an affront on the verifiable reforms in the operations of the corporation under the remit of Dr. Baru which has witnessed irreversible strides in the area of transparency leading to the sustained publication of NNPC monthly operations and financial records.

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“It is mere fiction and outright ‘tales by moonlight’ for anybody to insinuate that Dr. Baru or anybody else could just take a dip into the Corporation’s till and dole out the volume of funds being portrayed in that phantom report for political purpose.

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“We call on all well-meaning members of the public and oil and gas industry stakeholders to discountenance the said story, as the management of the NNPC remains committed to its statutory role and responsibility to the entire federation.”

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