Nigeria News

Unremitted Fund: Northern Youths in Nigeria Back Forensic Audit

The Arewa Youth Forum (AYF) has thrown its weight behind a forensic audit to unravel the alleged $20 billion, which the suspended Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, alleged that the Nigerian National Petroleum Corporation (NNPC) did not remit into the federation accounts.
 
The forum’s Director of Media and Public Affairs, Alhaji Bello Abdulhamid, expressed support for forensic probe in a news conference he addressed with other officials of the group in Abuja at the weekend.
 
While asking for a transparent and proper resolution of the alleged unremitted oil fund, Abdulhamid also, expressed dismay that some faceless youths “are trying to mislead Nigerians by calling for a demonstration at the National Assembly.”
 
He said the threat of demonstration by this faceless group “is unwarranted and a calculated attempt to preempt the independent forensic audit report which the National Assembly has directed to be carried out. AYF, as a major stakeholder in the Nigerian project views this as unfair and unreasonable.
“These youths who are trying to score cheap political and financial gains are planning to stage a demonstration at the National Assembly calling for the resignation of the Group Managing Director of the NNPC, Mr. Andrew Yakubu, over the alleged unremitted oil money.
 
“As patriotic Nigerians, we would like to see a transparent and proper resolution on the alleged unremitted oil funds. It is therefore a welcome development when the Senate Committee on Finance asked the Federal Ministry of Finance to conduct a full forensic audit on the said funds and to report within one month.
 
“Therefore the faceless youth leaders and their sponsors should wait for the forensic audit report and not pre-empt the outcome. We also condemn in strong terms the misguided and mischievous approach of these faceless youths to serious national issues with far-reaching implications.
“The AYF remains resolute and committed to the peace and stability of this great country and appeal to the Nigerian youths to refuse to be instruments of any mischief projects  from anybody.”
 
The forum’s director described Yakubu as a thoroughbred professional with vast knowledge of the oil and gas industry whose commitment “to his profession is second to none. He has refused to be drawn into partisan politics in spite of concerted and sustained pressure believing that younger people should be given the opportunity to aspire for political offices.
 
“In spite of the multifaceted challenges bedeviling the oil and gas industry, he has managed to sustain the supply of petroleum products across the country, as can be seen through his one and half year tenure at the helm of affairs as the GMD of NNPC,” Abdulhamid explained.

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