How NNPC funded 2015, 2019 elections -Bloomberg - Punch Newspapers

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Lawsuits in London and New York have shed light on how fees that trading firms paid agents to win oil contracts from Nigeria’s state energy company may have raised funds for the country’s past two elections — that is, the 2015 and 2019 elections respectively.

President Muhammadu Buhari and his ruling All Progressives Congress retained power in the 2019 vote, having been voted in 2015 for first term when it defeated the incumbent, Goodluck Jonathan, who had run on the platform of the Peoples Democratic Party.

A spokesman for the NNPC didn’t respond to three calls and three text messages seeking comment, Bloomberg says. Jonathan Zarembok, who left BP’s West Africa desk last year, said in the suit that he suspected that fees paid by the U.K. energy giant to obtain NNPC contracts would go toward the 2019 elections. He filed an employment claim against BP, alleging that he was fired for raising concerns about the large sums being transferred to intermediaries to win business in Nigeria.

 

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Yes that is what they always use them for That’s why they would always say no profit was made from the oil sector

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