Lawmakers Call Finance Minister, AGF, Others Over Whistleblower Policy, $2.4 Billion Illegal Crude Oil Sale.

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The Attorney General of the Federation, Abubakar Malami, the Secretary to the Government of the Federation, Boss Mustapha, and the Minister of Finance, Zainab Ahmed, have all been summoned to testify before the legislature to provide clarification on the operation of the whistleblower policy and the alleged loss of over $2.4 billion in revenue from the illegal sale of 48 million barrels of crude oil export from 2015 to date.

Femi Gbajabiamila bemoaned that just between January and July 2022, crude oil theft cost Nigeria $10 billion. Ibrahim Isiaka further expressed his regret that, given the declining money that Nigeria receives from the sale of crude oil, learning about whistleblower claims that over  $2.4 billion in possible revenue by the country was lost from the sale of 48 million barrels of Nigeria’s crude oil cargoes in China.

While promising whistle-blowers that volunteered information to the parliament of maximum legislative protection and confidentiality, Gbajabiamila said the recommendation of the Committee after its investigation would no doubt, guide the House in making an informed decision in considering the Whistle-Blower Bill currently before it. The indebtedness of DPRO as at 30th September 2017 by NPDC, royalty gas was over $4 billion.

TDL.

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