The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Hajiya Zainab Ahmed has said that between 2009 and 2012, Oil worth $13.7 billion was stolen under the watch of Nigerian National Petroleum Corporation.
Ahmed said this during a courtesy call on Governor Nasir el-Rufai, at Sir Kashim Ibrahim Government House, Kaduna.
She said “Crude product swap of $866m was lost from 2009 to 2011 and $8243m in 2012. Total amount expended in subsidy payment from 2005 to 2012 as captured $11.63bn have been paid to the NNPC. However, there is no evidence that these amounts were remitted to the Federation Account.”
El-Rufai who is among the four governors appointed by the National Economic Council to examine the accounts of the Nigerian National Petroleum Corporation added that “NNPC has become a monster that is too powerful. I will continue to fight NNPC till it dies for Nigeria to survive.
“It is either Nigerians kill NNPC or NNPC will kill Nigeria.
“Since, I called for the death of NNPC, the corporation has sponsored articles attacking me, but I am telling them my skin is thicker than an elephant.”