Wednesday , October 20 2021
Breaking News
Home / News / $1.3b NNPC cash: I Acted On Jonathan’s Directives, says Diezani
Nigeria's Oil Minister Diezani Alison-Madueke attends the annual meeting of the World Economic Forum (WEF) in Davos in this January 23, 2013 file photo. To match Special Report NIGERIA-ELECTION/BANKER REUTERS/Pascal Lauener/Files (SWITZERLAND - Tags: BUSINESS HEADSHOT POLITICS ENERGY)

$1.3b NNPC cash: I Acted On Jonathan’s Directives, says Diezani

Former Minister of Petroleum Resources Mrs. Diezani Alison-Madueke yesterday said she acted on the instructions of ex-President Goodluck Jonathan in directing the Nigerian National Petroleum Corporation (NNPC) to release $1.3billion to the Office of the National Security Adviser (ONSA).

She said this in response to a report that she withdrew N1.3 billion from the account of the Nigerian National Petroleum Corporation (NNPC).

In a statement issued on her behalf by Clem Aguiyi, her media aide, the ex-minister said the anti-graft agency ought to seek clarity about the process for release of funds requested by security/intelligence agencies.

The statement said: “The attention of Mrs. Diezani Alison-Madueke, the former Minister of Petroleum, has been drawn to a story in The Nation Newspaper of Monday 22nd January, 2018 as well as other print and online media titled “Diezani in trouble again over withdrawal of $1.3b from NNPC accounts”.

“Under Section 5 of the Constitution, all executive powers are vested in the President who may exercise it directly or through the Vice President or Ministers of the Federation. As Minister for Petroleum Resources Mrs. Alison-Madueke was an appointee and delegate of the President.

“Consequently, the Minister of Petroleum Resources acted on the basis of the written approvals and directives given by the President, which approvals were given after written requests from the relevant security agencies were made to the President.

“At such instances, as in fact the article clearly shows, a Service Chief or Intelligence Chief makes a written request/appeal to Mr. President, outlining whatever urgent and critical security needs of the nation they consider imminently paramount, at any given point in time.

“If such a request received the approval of the President, the President may direct that the requested funds be drawn from a Security Budget maintained by NNPC, or that the funds be sourced from elsewhere.

“Where the President directs the Minister of Petroleum Resources, in writing, to make the payment from the NNPC, the Minister, in turn, directs the GMD NNPC in writing to execute the directive of the President. NNPC then wires the funds from one of its major foreign bank accounts, or from the CBN, directly to the stipulated account of the particular branch of the armed services, or intelligence unit, or department, that initiated the request.

“It is not within the power or discretion of any serving minister to question or disregard the written directive of a president including that of the incumbent President”

The former Minister stated that at no time, did she, or could she, as the Minister of Petroleum Resources, interfere with this process.

Mrs. Alison-Madueke said since the disbursement of $1.3billion was traceable, it was wrong to assume that it was diverted.

“It is, therefore, impossible and implausible, for any monies under such presidential directives to be diverted during the process, at least from the standpoint of the minister.

“Any and all amounts approved and directed by Mr. President to be paid, were executed exclusively by NNPC, directly from NNPC’s foreign and or, Central Bank of Nigeria accounts, to the stated recipients.

“Therefore, let it be very clear, that all funds disbursed by these banking institutions on behalf of NNPC are easily and openly traceable, and the process cannot and should not be utilised for the distortion of facts,” the statement said.

Comments

comments

Check Also

First US Black Secretary of State, Collin Powell, Dies of COVID Complications

Former US Secretary of State, Collin Powell, is dead. Powell, who was also a former …

Simi’s “Woman”: An Explosive Tool for Social Change

By Toyin Falola Explosive—that’s one word that aptly describes Simisola Bolatito Kosoko’s latest single: https://www.youtube.com/watch?v=udnkr-pMRa8 …

Social Media Auto Publish Powered By : XYZScripts.com