Why there is massive corruption in NNPC – Saraki

Senate President, Bukola Saraki, on Tuesday attributed alleged massive corruption in the Nigerian National Petroleum Corporation (NNPC) to lack of operational budget framework.

Saraki said such era where there was deliberate non-provision of operational budget for the Corporation is gone for good as that will not be tolerated by the 8th Senate.

The Senate President spoke while receiving members of the Civil Society Groups in Abuja.

He added that transparency and accountability must be brought to bear in all government transaction.

Saraki said: “On the issue of transparency of oversight, which you raised here, we will work very hard to see the areas where there can be improvement on our part.

“The budget process which you talked about, I want to tell you that some of us have strong views that issues of budget must be transparent, particularly, the days are gone where agencies like the NNPC would be able to function without operational budget.

“We must move away from because one of the key issues that we have now is the issue of revenue leakages because of lack of transparency, I think we must move away from that, especially agencies that have revenue coming in.”

Saraki said the 8th Senate will work to prevent revenue leakages in the country.

He added that the red chamber will reintroduce the Constitution Amendment Bill which was not signed by ex-President Goodluck Jonathan.

Other Bills to receive priority attention on resumption of the Senate, according to Saraki include the Petroleum Industry Bill and the Electoral Act.

He said the Senate under his leadership would focus on people-centered legislation that would safeguard the interest and welfare of Nigerians.

 

 

The post Why there is massive corruption in NNPC – Saraki appeared first on The Nation.

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