.
.
By 247ureports.com
Former Vice President and ADC presidential candidate Atiku Abubakar has demanded a full public accounting of ₦11.2 trillion recorded by the Nigerian National Petroleum Company Limited (NNPCL) as owed to it by the Federation for advances and costs tied to protecting the country’s oil and gas assets, while also calling on President Bola Tinubu to disclose who is financing his 2027 re-election campaign.
The Demand
In a statement issued Saturday by Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, Atiku said Nigerians deserve to know how much of the ₦11.2 trillion claim went specifically to guarding pipelines, who received the funds, and what protection the money actually bought. “A mother should not have to pray her child survives the journey to school while her government cannot plainly explain the billions it spends on security. Tinubu must answer to the people living with these choices,” Atiku said. He posed the question more directly still: “What was paid? Who was paid? Where are the results?”
Atiku argued the contrast between oil-sector spending and national security allocations under the Tinubu administration is stark, saying sums tied to the oil sector dwarf resources allocated to defending the country. “Think of the soldier sent to confront terrorists. Think of the parent waiting outside a school after hearing that bandits have struck. Think of the family unable to reach a loved one on the highway. They deserve more than one vast figure in NNPC’s accounts,” he said.
The Contractor Question
Atiku extended his demand beyond NNPC’s accounts to the relationship between government contractors and Tinubu’s re-election campaign, naming two specific examples. He noted that Tantita Security Services holds a pipeline security contract while its founder has been dispatching campaign vehicles in support of Tinubu’s bid for a second term. He also pointed to the Chagoury family’s company, which holds the Lagos–Calabar Coastal Highway contract — a contract Atiku said was awarded without an open public tender, with the government instead describing its process as restricted bidding.
“Tinubu must disclose what these contractors have received from the government and whether they have given a naira, a vehicle or any other support to his re-election,” Atiku said. “Nigerians will not tighten their belts while the President’s associates collect contracts and the money behind his campaign remains hidden.”
Why Now
The statement lands amid a broader pattern of opposition pressure on the administration’s fiscal transparency heading into 2027, following Atiku’s separate demand last week that Tinubu account for Nigeria’s N166.79 trillion public debt before pursuing a new $1.5 billion World Bank loan, and days after President Tinubu’s Independence Day address declared the country’s economic reform period concluded in favor of a new focus on “shared and widespread prosperity.”
Response
As of this report, 247ureports.com had not located a response from the Presidency, NNPCL, Tantita Security Services, or the Chagoury Group to Atiku’s allegations and demands for disclosure.
