Serious Stealing of Public Money Ongoing in NNPC ––Amaechi Opens Up

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

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

The governor 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. It was published that our president is the 6th richest African President, it is not Amaechi. Rivers State governor and chairman of Nigeria Governors’ Forum, Rotimi Amaechi has alleged that there is ongoing stealing of public funds from the coffers of Nigerian National Petroleum Corporation (NNPC).

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

The governor 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. It was published that our president is the 6th richest African President, it is not Amaechi.