Home / NEWS / NNPC Denies Funding Move To Oust Senate President         
Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru

NNPC Denies Funding Move To Oust Senate President         

The Nigerian National Petroleum Corporation (NNPC) has denied its involvement in the allegedly planned ouster of Senate President Bukola Saraki.

The oil corporation specifically said its Group Managing Director, Maikanti Baru, has no hand in the impeachment plot.

In a statement issued in Abuja, signed by Ndu Ughamadu, NNPC spokesman, it dismissed allegations that Baru is funding efforts to unseat Saraki as “mere fiction and outright tales by moonlight,” adding that it is not part of the “ongoing politicking in the national assembly.”

The corporation urged oil and gas industry stakeholders, including Nigerians to disregard the allegation, and assured that it “remains committed to its statutory role and responsibility to the entire federation.”

“The management of the Nigerian National Petroleum Corporation (NNPC) has distanced the national oil company and its group managing director, Dr. Maikanti Baru from the ongoing political tango in the national assembly and the trending reports in some section of the media insinuating that the corporation’s helmsman had doled out funds to effect the impeachment of Senate President, Dr. Bukola Saraki.

Senate President Bukola Saraki

“It is a handiwork of mischief makers seeking to drag the NNPC and its GMD into a purely political affair totally different from its mandate as the national oil company with fiduciary responsibilities to the government and people of the Federal Republic of Nigeria.

“The report is not only false but also an affront on the verifiable reforms in the operations of the corporation under the remit of Dr. Baru which has witnessed irreversible strides in the area of transparency leading to the sustained publication of NNPC monthly operations and financial records.

“It is mere fiction and outright ‘’tales by moonlight’’ for anybody to insinuate that Dr. Baru or anybody else could just take a dip into the corporation’s till and dole out the volume of funds being portrayed in that phantom report for political purpose,” the statement read.

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