Following a viral report which alleged that the NNPC is financing President Buhari’s re-election campaign, the Group Managing Director, Dr. Maikanti Baru, denied reports of releasing funds from the oil corporation’s account to fund Buhari’s re-election campaign.
NNPC’s General Manager, Group Public Affairs Division, Ndu Ughamadu who claimed that the allegation was politically-motivated, called on 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.
According to the statement, the GMD never authorized any “phantom cash transfer” for the purpose of sponsoring publicity for Buhari ahead of the 2019 elections.
The statement read in part;
“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.”