The Nigerian National Petroleum Corporation reacted on Saturday to an allegation that fees that trading firms paid agents to win oil contracts from the corporation might have raised funds for the country’s past two elections.The contest for the presidential seat was mainly between ex-President Goodluck Jonathan and Major General Muhammadu Buhari in 2015, while it was between Buhari and former Vice-President Atiku Abubakar in 2019.
The NNPC, through its Direct Sale of Crude Oil and Direct Purchase of Petroleum Product scheme, awards contracts that allow companies, including international trading houses and indigenous firms, to lift crude oil in return for the delivery and supply of petroleum products. The contracts are usually for one year.
“[It’s] not true, and I think that is obvious if you read the story with an open mind,” he said via a text message.
As expected.
WAYS OF NIGERIAN AGENCIES. Step 1: they outrightly deny it ever happened Step 2: they are shown compelling evidence Step 3: they hesitantly swallow the truth Step 4: they set up panel to investigate just to buy time Step 5: another agency buy market & attention is shifted
I Choose to believe Bloomberg News - Read it for yourself
Wetin una go talk
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