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NNPC denies releasing funds from oil corporation’s account to fund president Buhari’s re-election campaign


The Group Managing Director of NNPC Dr. Maikanti Baru, denied reports of releasing funds from the oil corporation’s account to fund the re-election campaign of President Buhari.

Reports made round media this week with claims that the NNPC released a large amount to the spokesperson of the campaign organization, Festus Keyamo, for the execution of the president’s campaign. But Festus Keyamo in a statement released on Thursday October 25th, denied the claims.

In reaction to the allegation on the matter, NNPC’s General Manager, Group Public Affairs Division, Ndu Ughamadu, said the allegation was politically-motivated. Ughumadu in a statement released, said

“The allegation was not only false, but runs against the prevailing gale of transparency and accountability pervading the operations of the NNPC since the advent of the current administration. With no regard for the cherished investigative reporting ethos of balance and confirmation of story, the allegation, without doubt, come across as a kindergarten execution of an ill-thought political brinksmanship.”

NNPC called on all well-meaning members of the public and oil and gas industry stakeholders to disregard the report, noting that its management is focused on delivering the aspiration of the current administration.


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