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Obi laments Nigeria becoming a crime scene in reaction to sleaze in NNPCL

Faith Fatima Mohammed by Faith Fatima Mohammed
June 20, 2025
in News
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The 2023 presidential candidate of the Labour Party (LP), Peter Obi, has lamented that Nigeria has become a crime scene.

He stated this in response to the Senate uncovering a stupendous amount of money in financial irregularities in the audited accounts of the Nigerian National Petroleum Corporation Limited (NNPCL).

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Obi, on his X handle, expressed deep disappointment over the startling discovery, saying that “it is with the utmost sadness that I once again reaffirm what I have consistently said: Nigeria has become a crime scene.

“How else does one explain the recent revelation by the Senate, which uncovered the audited accounts of the NNPC from 2017 to 2023?

“The Senate uncovered ₦210 trillion in financial irregularities, ₦103 trillion in so-called accrued expenses, and another ₦107 trillion in unaccounted receivables.

“No documentation. No accountability. No consequences.

This is not just another scandal; it is a clear and damning confirmation of a nation held hostage by monumental corruption.

Related Articles:

  • Nigeria’s democracy hasn’t improved beyond IBB era, Obi laments
  • Peter Obi slams President Tinubu’s Benue visit, says it lacked compassion, solemnity
  • Obi slams Tinubu over Benue killings, accuses him of lacking empathy

“Our national budget within the said period of 2017 to 2023 is as follows: 2017 ₦7.440 trillion, 2018 ₦9.120 trillion, 2019 ₦8.916 trillion, 2020 ₦10.590 trillion was initially approved and in June revised to ₦9.974 trillion due to COVID.

“2021 ₦13.588 trillion, 2022 ₦17.130 trillion, 2023 ₦21.830 trillion, making a total of ₦88.010 trillion.

“Our total national budget within the said period was not up to 50 percent of the said financial discrepancies and irregularities.

“This is a criminal institutionalised betrayal of the Nigerian people and a grave threat to the future of the society our children will live in.

“No responsible nation can continue to function like this without confronting this truth.

“This criminality masquerading as governance must be stopped and dismantled for a better Nigeria.”

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