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Atiku Abubakar accuses Nigeria’s government of misusing $20 billion on pipeline security, calling it a scam benefiting political allies.
Former Vice President Atiku Abubakar has accused President Bola Tinubu’s administration of a major financial scandal, alleging the Nigerian National Petroleum Company spent ₦17.5 trillion on pipeline security in one year—nearly matching the 12-year fuel subsidy cost.
He criticized the use of terms like “energy-security cost” and “under-recovery” as misleading, demanding transparency on contracts, beneficiaries, and independent audits.
Atiku questioned the justification for a 38.7% rise in spending and accused the government of funneling public funds to politically connected firms, calling it a betrayal of national interests amid rising inflation and economic hardship.
He called for an immediate halt to payments and greater accountability.
Atiku Abubakar acusa al gobierno de Nigeria de abusar de $ 20 mil millones en seguridad del oleoducto, llamándolo una estafa en beneficio de los aliados políticos.