Former Vice President and presidential candidate of African Democratic Congress (ADC), Atiku Abubakar, has called for transparency and accountability in the operations of the Nigerian National Petroleum Company Limited (NNPCL).
Atiku, in a statement issued on Sunday by Phrank Shaibu, Director of Strategic Communication of ADC Presidential Campaign Council, demanded full disclosure of N11.2 trillion recorded by NNPCL as receivables from Federation for advances and costs that include protection of oil and gas assets.
He said Nigerians deserve to know how much of amount went to pipeline security, beneficiaries, and results achieved.
“NNPC’s 2024 accounts recorded roughly N17.5 trillion across different claims on the Federation, including petrol under-recovery and other receivables linked to advances and asset protection. Its 2025 accounts now show approximately N11.2 trillion in other receivables from the Federation. Nigerians cannot tell from these totals what was spent on pipeline surveillance. What was paid? Who was paid? For what work? Where are the results?” he queried.
Atiku said there is need to compare N11.2 trillion receivables with N3.1 trillion allocated to Ministry of Defence in 2025, noting that while figures belong to different accounting categories, contrast raises questions about government priorities.
He also called on Federal Government to publish details of pipeline security contracts and the Lagos-Calabar Coastal Highway contract, including procurement process, competing bids, evaluation and contract documents.
Atiku further asked government to disclose whether contractors handling federal projects have contributed to President’s re-election activities.
He said the administration should empathize with Nigerians over socioeconomic challenges and provide clear accounting of public funds.
“Government asking families to make sacrifices must be willing to account for every naira it claims on public purse,” he said.
Atiku said ADC will focus on making life more affordable for Nigerians if elected in 2027.