YPP Demands Forensic Audit of NNPCL Over Alleged ₦31.2 Trillion

Abuja: The Young Progressives Party (YPP) has called for an urgent forensic audit of the Nigerian National Petroleum Company Ltd. (NNPCL) following allegations of an unaccounted ₦31.2 trillion (about $40 billion).

In a statement issued Wednesday in Abuja, the party’s National Publicity Secretary, Mr. Egbeola Martins, stressed that the matter demands immediate national attention and accountability. He noted that the figure is nearly equivalent to Nigeria’s foreign reserves, warning that it must be addressed with urgency, transparency, and seriousness.

“This revelation raises grave concerns that no responsible government should ignore,” Martins said.

The YPP also urged the Federal Government to swiftly resolve discrepancies in the recently gazetted tax law before its full implementation. Martins insisted that authorities must investigate the anomalies and ensure those responsible are identified, prosecuted, and punished according to the law.

On security, the party commended the government’s renewed efforts to combat insecurity nationwide. It praised recent airstrikes on terrorist enclaves in Sokoto, carried out by the United States in collaboration with Nigerian security forces. Martins urged the government to sustain this momentum and reject negotiations with terrorists or their sympathisers.

“The government must decisively identify, expose, and deal ruthlessly with terrorist financiers, enablers, and supporters. Terrorism survives on funding and support networks, and until this oxygen is cut off, lasting peace will remain elusive,” he added.

The YPP further cautioned against the weaponisation of the EFCC and other anti-graft agencies ahead of the 2027 general elections, warning that selective justice undermines institutions, weakens democracy, and erodes public confidence in governance.

Finally, Martins called on Nigerians to mobilise and reclaim their power through the ballot in 2027.

“The future of our democracy depends on active participation, not apathy,” he said.

Related posts

Oil Prices Rise as US‑Israel War with Iran Disrupts Supply

Oil Markets in Crisis as U.S.–Israel Strikes on Iran Trigger Regional Retaliation

Tinubu’s Executive Order Channels More Oil Revenues to FAAC