Peoples Democratic Party (PDP) has challenged President Muhammadu Buhari to submit himself for an independent inquest in his handling of the N1.4 trillion oil subsidy regime.
A statement issued by Kola Ologbondiyan, its National Publicity Secretary, said “Such inquest, which is already backed by state governors across board, will not only expose humongous corruption but also show the world that our African Union (AU) Anti-Corruption champion had not been totally spotless.”
According to the party, “We invite Nigerians to note that the demand by governors to probe all subsidy deals since 2015 is a direct indictment on President Buhari as the Minister of Petroleum.
“Nigerians will also understand how the cost of fuel geometrically rose from the PDP subsidized cost of N87 to N145, representing a N58 tax, per liter of fuel.”
PDP also noted that “the Presidency and the NNPC have been seeking ways to cover the fraud which include claims that local consumption suddenly jumped from 28 million liters per day to 60 liters per day.”
The party submitted that President Buhari was running a corrupt subsidy regime since he took over power in 2015, challenging him to come clean on the manner he has so far handled subsidy payment on petroleum products in the past few years.
It accused the Buhari of alleged complicity of his Presidency in other exposed financial impropriety by cronies of his government, particularly in revenue collecting agencies.
