CNPP demands Okonjo-Iweala’s resignation over NNPC un-remitted funds

Finance Minister, Ngozi Okonjo-Iweala

The group says it is worried over her silence on the N700 million allegedly siphoned daily to subsidize Kerosene

The Conference of Nigerian Political Parties, CNPP, has demanded the resignation of the Minister of Finance, Ngozi Okonjo-Iweala, over her call for a forensic audit on the accounts of the Nigeria National Petroleum Corporation, NNPC, to determine the actual amount missing from the crude oil sales.

Following the revelation two weeks ago by the suspended Central Bank of Nigeria, CBN, Governor, Lamido Sanusi, that the NNPC failed to remit $20 billion into the Federation Account, and the Corporation’s denial of the allegation, Mrs. Okonjo-Iweala had called for an independent audit of the country’s oil accounts.

“The best way to get to the truth and reassure Nigerians who have been expressing strong opinions on the issue would be to set an independent body that would do a forensic audit of all the documents and claims,” the minister who is also the coordinator of the economy, said.

She also said her position on the amount of money that was not remitted remained unchanged.

But the CNPP, in a statement on Wednesday by its spokesperson, Osita Okechukwu, expressed outrage over the minister’s call, describing it as “defeatist.”

It therefore asked her “to resign forthwith with the scant honour which lingers with her, instead of playing dangerous Pontius Pilate.”

The group of opposition parties in Nigeria, added, “We are at a loss of what type of economy she has been coordinating that it was only when the suspended governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi blew the whistle and opened the Pandora-Box of the monumental corruption inside the Nigeria National Corporation (NNPC) that she woke up?

“How can she insult our collective intelligence by claiming that her position on this matter has been clear from the start? Which start? The loot predates the Mallam Sanusi’s letter of September 2013 to President Goodluck Jonathan.

“Does it mean that the Coordinating Minister was not coordinating the golden goose of the economy – NNPC until the scam was exposed?”

The CNPP noted that to worsen matters, Ms. Okonjo-Iweala had remained silent on the allegation that N700 million was daily being siphoned to subsidize Kerosene, saying that it wondered if the economy she coordinates could sustain such drain from just a single product.

The group said the kerosene, scam from all indications, remained the greatest threat to our democracy and by extension the security of the country.

“Dr Ngozi Okonjo-Iweala should stop playing Pontius Pilate and resign forthwith with the scant honour left,” CNPP said.


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  • Badejo

    Some folks can be unreasonably stupid. What does Dr Okonjo-Iweala have to do with kerosene subsidy and all? It is clear that CNPP and their partners have an unreasonable hatred for this hardworking woman.

  • Akinlawon

    Can you imagine o! See these people calling for the sack of the Finance Minister for a crime committed by the NNPC under the jurisdiction of the Petroleum Minister. How come the whole heat is on Madam Ngozi while Madam Diezani seems to be out of the picture? Poor article by shameless noisemakers!

    • Dumbo

      Iweala is the coordinating minister of the economy – ie she coordinates other ministers including Diezani. In fact, other ministers are answerable to her while she is only answerable to the president.

  • Bose Alade

    Demanding that the minister should resign is not an option. How know CNPP? They just want to get there voice heard. what plans do they have for Nigeria? they should learn to get their facts right so that they can make informed decisions that will lead this nation forward. for them to even say that the minister should resign shows that they don’t know what they are doing and they don’t fit for any leadership position in this country.