Missing US$15 billion revenue: Coalition calls out SERAP

***backs Mele Kyari over achievements

Coalition of North and Southern Youth Forum (CNSYF) has called out the Socio-Economic Rights and Accountability Project (SERAP) over its role in the alleged lawsuit against President Bola Tinubu on alleged missing fund of US$15 billion oil revenues, and N200 billion budgeted to repair the refineries in Nigeria between 2020 and 2021.

SERAP had urged President Bola Tinubu to set up a presidential panel of enquiry to probe the allegations contained in the recent reports of Nigeria Extractive Industries Transparency Initiative (NEITI) that over US$15 billion and another N200 billion are missing and unaccounted for between 2020 and 2021.

However, the coalition made up of over 520,000 groups from ethnic nationalities including religious, professionals and union groups with notable stakeholders cutting across the six geopolitical zones including Niger Delta Ex-militant leaders unanimously agree to give support to the Group Chief Executive Officer, GCEO, Nigeria National Petroleum Company Limited, NNPCL, Engr Mele Kyari, a game-changer of the oil and gas sector amid orchestrated blackmails.

President /National Coordinator of the coalition Comrade Emmanuel Fiawei Pathfinder described SERAP action as sheer blackmail to vilify the Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited, NNPCL, Engr Mele Kyari.
“This is really a shame for an organization such as SERAP to run to court without concrete evidence to file a so-called lawsuit against Mr President for failure to probe missing fund of US$15 billion oil revenues, and N200 billion budgeted to repair the refineries.

Pathfinder who is also the convenet of the group accused SERAP to have been sponsored by some disgruntled elements who call themselves politicians that are neck-dip inside stealing the nation’s crude oil for self aggrandizement at the detriment of Nigerians.

“SERAP’s stock in trade has been cheap blackmail of government and individuals under the guise of activism.

“They are well known for that and also have allowed itself to become so cheap for these corrupt Nigerians they supposed to fight and expose, therefore, are using them to score cheap political points.

“As far as their allegations and claims are concerned SERAP does not have the evidence to prove their points because they work on hearsays.

“They just want to paint the GCEO of NNPCL, Engr Mele Kyari, in bad light despite his sincere effort to sanitize the oil and gas sector, which had blown off most illicit businesses engaged in by their paymasters.

“We challenge SEPAP to publish their evidences and let the world see them. Definitely, if you fight corruption, corruption will fight back, and that is exactly what SERAP is doing as dirty job for oil thieves.
“It is a pity for SERAP to debase itself by stooping so low because of what they will get at the end of the day.

“It is also important we make it very clear about the 2021 report by the NEITI, SERAP failed to make its background check before running to court.

“With evidence we want the world to know that NEITI made error in publishing the report without due process and verification.
“After NEITI was shown the true figures, they acknowledged their fault and had long apologized over the report SERAP is running with because they are on errand to deliver their tissues of lies to favour their paymasters.

“It is really uncalled for, SERAP has not done well at all to pray the Court to issue a so-called order of mandamus compelling Mr President to do this and that.

“Meanwhile, categorically we state here that the Nigerian National Petroleum Company Limited (NNPCL) had since refuted the report that it failed to remit $15 billion in oil revenues accrued to the Federation’s account.”