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Probe NNPC over remittance shortfall, group tells Buhari

The Arewa Consultative Youths Movement, on Tuesday, called on the President, Major General Muhammadu Buhari (retd.), to, as a matter of national necessity, investigate the management of Nigerian National Petroleum Company Limited over an alleged shortfall in its remittance to the Central Bank of Nigeria.

The organisation said it was necessary for the President to probe the issue with a view to ascertaining the causes and ensuring that things changed for the better.

The President of the ACYM, Kabiru Yusuf, who made the demand in a statement said the shortfall was capable of plunging the country into a serious crisis, if unchecked.
The statement read, “Arewa youths are indeed concerned about the widely reported shortfall in the remittance of the NNPC into the CBN coffers.

“It is our humble opinion that all those involved should be probed in order to ascertain the dealings that led to the situation.

“The President should not waste time in directing relevant persons or government agencies to probe the NNPC on this matter.

“There must be reasons why remittances can drop so sharply and Nigerians would like to know these reasons.

“We urge the President not to delay in commissioning this very important probe.”

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