NEWS
APC Youths Demand Kyari’s Removal Over $6.8b NNPCL Debt
The APC Youth Solidarity Network has demanded the immediate resignation or sack of Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPC Ltd), following the company’s admission of owing a staggering $6.8 billion in debt.
This shocking revelation has sparked widespread outrage and raised fundamental questions about Kyari’s leadership and governance style.
Olalekan Isaac, the President of the group, at a press conference in Abuja, branded Kyari’s leadership a “catastrophic failure” marked by a lack of transparency, accountability, and fiscal prudence.
He condemned NNPC’s initial denial of the debt as a “brazen lie” that has eroded trust in the institution and undermined the nation’s economic stability.
The APC Youth Solidarity Network questioned how NNPC, under Kyari’s watch, could accumulate such a massive debt despite the nation’s vast oil resources.
They also lamented the nation’s reliance on imported fuel, despite being Africa’s largest oil exporter, as a direct consequence of years of systemic neglect and mismanagement of the state-owned oil refineries.
The group urged President Bola Tinubu to take swift and decisive action in addressing this crisis, including facilitating Kyari’s immediate resignation, initiating a comprehensive investigation into NNPC’s financial dealings, and implementing measures to prevent similar occurrences in the future.
Isaac warned that Kyari’s continued occupation of office would only exacerbate the nation’s economic woes and tarnish the reputation of the All Progressives Congress (APC) and the Nigerian people.
He demanded leadership that embodies transparency, consistency, and accountability, and called on President Tinubu to act decisively to restore the nation’s trust and confidence in its institutions.
Read full statement below:
Today, we convene in a somber atmosphere, compelled to address a pressing issue of profound gravity that has emerged within the hallowed halls of our nation’s premier oil entity, the Nigerian National Petroleum Corporation Limited (NNPC Ltd). With deep regret and a profound sense of dismay, we acknowledge the startling admission by NNPC Ltd, under the stewardship of Mr. Mele Kolo Kyari, that it has accrued a staggering debt of $6.8 billion—a stark reversal of their initial assertions, which vehemently dismissed such claims as baseless and unfounded.
This astonishing admission not only validates the conspicuous financial encumbrance that NNPC has become but also raises fundamental questions regarding the leadership and governance style of Mr. Mele Kolo Kyari, the Group Chief Executive Officer of NNPC Ltd. His tenure has been characterized by an unacceptable lack of transparency, accountability, and fiscal prudence, culminating in this colossal debt that threatens the very fabric of our national economy.
It has become painfully evident that the national oil corporation’s financial woes commenced early this year, when overdue payments for Premium Motor Spirit (PMS), commonly referred to as petrol, skyrocketed to an alarming $3 billion. Regrettably, this figure has since ballooned to an unprecedented $6.8 billion, representing a staggering 100% increase since April, as the Nigerian National Petroleum Company Limited (NNPC Ltd) grapples with the unsustainable disparity between fixed pump prices and escalating international fuel costs.
This shocking revelation has sparked widespread consternation, igniting a maelstrom of confusion, distrust, and disillusionment among the Nigerian populace. The very foundation of our institutions’ integrity is being eroded, casting a dark shadow on the nation’s future.
As the APC Youth Solidarity Network, we are profoundly dismayed by this disturbing development. As representatives of the youth and prospective leaders of this great nation, we cannot idly stand by while the credibility and trustworthiness of our institutions are mercilessly compromised.
How can we, the standard-bearers of Nigeria’s future, acquiesce to this systemic failure, which undermines the very fabric of our national identity? The APC Youth Solidarity Network will not remain silent in the face of this unfolding crisis.
Mr. Mele Kyari’s tenure has precipitated a crisis of confidence, rendering him an untenable moral and economic liability, not only to Mr President, but also to the nation at large. His prolonged occupation of office has devolved into an unmitigated embarrassment, casting a pall of shame not merely on the All Progressives Congress (APC) but on the entirety of Nigerians who rightfully demand transparency, accountability, and visionary leadership from institutions critical to our national well-being.
A poignant question echoes through the corridors of our collective conscience: How can we credibly entertain the narratives proffered by NNPC Ltd when they have so flagrantly flouted the principles of truthfulness and integrity? The stark inconsistency between their August 18th press release, which categorically denied any outstanding debts, and today’s admission of culpability, has spawned an environment of pervasive uncertainty.
Nigerians are now confronted with an existential dilemma: what to believe and whom to trust? The erosion of trust in our national institutions undermines the very fabric of our society, threatening our collective future.
This issue transcends mere financial accountability; it is a bad reflection of our nation’s pride and integrity. The citizens of Nigeria rightfully demand and deserve leadership that embodies transparency, consistency, and accountability, one that unswayed by the short tides of public opinion.
We, the APC Youth Solidarity Network, resolutely maintain that the time has arrived for Mr. Mele Kyari to assume full responsibility for this leadership failure. It is imperative that he relinquish his position, thereby sparing our nation further international embarrassment and ridicule.
Regrettably, Nigeria, Africa’s largest oil exporter, finds itself in the incongruous position of importing virtually all its fuel requirements. This anomaly is obviously a direct consequence of years of systemic neglect and mismanagement of our state-owned oil refineries. Furthermore, the selfish interests and lack of visionary leadership within our oil and gas sector have hindered the optimal utilization of the newly commissioned 650,000 barrel-per-day Dangote refinery. Instead of producing marketable petrol for domestic consumption, this facility is compelled to export other fuels abroad, exacerbating our nation’s energy woes.
This critical moment serves as a clarion call for transformative change, heralding a new era of transparency, accountability, and visionary leadership. We fervently implore Mr. Mele Kyari to relinquish his position, paving the way for fresh leadership that embodies the sacred values of openness, integrity, and responsibility that our citizens rightfully deserve.
Mr. Kyari’s protracted occupation of office has devolved into an unrelenting source of embarrassment, tarnishing the reputation of our esteemed party, the All Progressives Congress (APC), and the Nigerian people. We urge him to take the noble path of resignation, immediately relinquishing his duties to spare our nation further discomfort, reputational damage, and international ridicule.
By resigning, Mr. Kyari would demonstrate his commitment to integrity, accountability, and the values that our party holds sacrosanct. The youth of this nation are vigilantly observing, and we demand leadership that mirrors our aspirations for a brighter, and more prosperous future.
To this end, we issue a heartfelt appeal to President Bola Ahmed Tinubu, urging him to take swift, and decisive action in addressing this crisis. Mr. President, we implore you to:
- Facilitate the immediate resignation of Mr. Mele Kyari as Group Chief Executive Officer of NNPC Ltd, thereby ending his tenure of questionable leadership.
- Initiate a comprehensive, impartial investigation into NNPC’s financial dealings, aiming to unravel the circumstances surrounding the staggering $6 billion debt.
- Implement stringent measures to prevent similar occurrences in the future, ensuring the corporation’s fiscal discipline and transparency.
Through these decisive measures, we aim to achieve a trifecta of transformative outcomes: restoring the tarnished integrity of NNPC Ltd, upholding the sacred values of our party, and revitalizing the eroded trust of the Nigerian people.
Moreover, we seek to rekindle faith in our institutions, ensuring that those entrusted with leadership roles are strongly committed to the prosperity and progress of our great nation.
As a party, we reaffirm our steadfast commitment to upholding the timeless values of transparency, accountability, and exemplary governance. We shall persist in advocating for a Nigeria where accountability reigns supreme, and our leaders are held to the highest standards of integrity, probity, and moral rectitude.
Our vision is of a nation where leadership is characterized by selflessness, transparency, and an unyielding dedication to the well-being of all citizens. We will tirelessly strive to create an environment where accountability is not merely an aspiration but a lived reality.
NEWS
Minister backtracks, says Adire not approved for NYSC
The Minister of Youth Development, Ayodele Olawande, on Thursday, clarified that the Federal Government had yet to approve Adire as the new uniform for members of the National Youth Service Corps, hours after his comments on the proposed change generated widespread reactions.
In a statement published on his official X handle, Olawande said reports suggesting that Adire had been adopted to replace the iconic khaki uniform misrepresented his remarks during an appearance on Channels Television’s The Morning Brief.
The minister explained that while he mentioned Adire and Ankara during the interview, they were only examples of proposals being considered as part of the ongoing reform of the scheme, adding that “No final decision has been taken on the fabric or design.”
“My intention was simply to cite examples of some of the proposals that have been put forward in the course of our consultations. It was not an announcement that any particular fabric has been adopted or approved to replace the current NYSC uniform,” he stated.
According to Olawande, the government is considering options that “tick all the right boxes in terms of professional outlook, a unique national identity, durability, functionality, cost-effectiveness, and the projection of national pride.”
He said any eventual decision would be guided by extensive stakeholder consultations and what best serves the interests of the NYSC and the country.
The minister also urged Nigerians not to allow the debate over the proposed uniform to overshadow the broader objectives of the ongoing reforms.
“The reforms are designed to make the Scheme more relevant to today’s realities by improving employability, promoting entrepreneurship, strengthening national integration, enhancing service delivery, and creating a smoother transition from education to productive careers.
“While conversations around the uniform are understandable, they should not overshadow the far-reaching reforms aimed at empowering millions of Nigerian youths and positioning the NYSC as a stronger platform for national development,” he said.
The PUNCH had earlier reported that the Federal Government planned to replace the NYSC’s traditional khaki uniform with locally produced Adire as part of sweeping reforms approved for the 53-year-old scheme.
Speaking on Channels Television, Olawande had said, “It’s Adire,” explaining that the move was intended to promote local textile production and keep government spending within the Nigerian economy.
The proposed uniform change formed part of the comprehensive overhaul of the NYSC approved by the Federal Executive Council on Monday, which also includes skills-based deployment of corps members, civilian operational leadership for the scheme and amendments to the NYSC Act
NEWS
Rescue Mission: Governor Dauda Lawal Approves N7.2 billion for Community Projects Across Zamfara
Zamfara State Government under the leadership of Governor Dauda Lawal has earmarked N7.2 billion for development projects across 375 communities in the state, under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES), a World Bank-funded initiative. Deputy Governor Mani Mummuni disclosed this in Gusau on Tuesday while flagging off a free project implementation training programme for participants drawn from 158 communities across the state.
He explained that Governor Dauda Lawal had approved the N7.2 billion for various community development projects through the State Community and Social Development Agency (CSDA), adding that the funds would finance projects spanning health, education, water supply, agriculture and drainage, among others, across the state’s 14 Local Government Areas. The deputy governor noted that the projects would be implemented by Community Project Monitoring Committees (CPMCs) under the supervision of the CSDA, and reiterated the state government’s commitment to providing social amenities to vulnerable communities.
Mummuni urged participants to ensure transparency and accountability in managing resources for project execution in their communities, describing the initiative as part of Governor Lawal’s administration’s effort to extend the dividends of democracy to the people, especially at the grassroots level. He expressed confidence that the training under CSDA would encourage community participation in project implementation, while also promoting transparency, accountability, and commitment to the development of their communities.
In his remarks, the General Manager of CSDA, Umar Nakwada, revealed that the participants were drawn from CPMCs responsible for monitoring projects in their communities, and that the training was designed to sensitise them on effective project implementation. He stated that the training covered Batch A projects worth N3.2 billion, spanning 158 communities, and assured that the agency would ensure effective monitoring of all projects to be implemented by CPMC members in benefiting communities. Nakwada also commended Governor Lawal for his unwavering support in improving the livelihoods of grassroots communities.
Also speaking, the State NG-CARES Coordinator, Mukhtar Ibrahim, praised the Zamfara Government for its commitment to supporting the livelihoods of vulnerable households. He explained that NG-CARES aims to expand access to livelihood support, food security services, and grants for poor and vulnerable households and firms, focusing on three result areas: livelihood and social support, food security and agricultural value chain, as well as micro and small enterprises recovery. small enterprises recovery,” Ibrahim said.
NEWS
ICPC, PenCom recover N3bn unremitted pension deductions from defaulting firms
The Independent Corrupt Practices and Other Related Offences Commission and the National Pension Commission have recovered over N3bn in unremitted pension contributions from defaulting employers as both agencies intensified efforts to enforce compliance with the Pension Reform Act 2014.The recovery was disclosed in a statement issued by the National Pension Commission on Wednesday, which said the funds had been fully remitted into the Retirement Savings Accounts of affected employees.According to the commission, the recovery was achieved through a joint ICPC-PenCom enforcement initiative designed to address pension contribution defaults and protect workers’ retirement savings.It stated, “The Independent Corrupt Practices and Other Related Offences Commission and the National Pension Commission have recovered over N3bn in unremitted pension contributions from employers.”
PenCom explained that the recovered funds were obtained from defaulting employers in the electricity sector and credited to the respective Retirement Savings Accounts of affected workers in line with the Pension Reform Act 2014.“The recovered funds, obtained from defaulting employers in the electricity sector, have been fully remitted into the respective Retirement Savings Accounts of affected employees in accordance with the provisions of the Pension Reform Act 2014,” the statement read.The commission said the development demonstrated the effectiveness of its partnership with the ICPC in ensuring compliance with pension laws and compelling employers to fulfil their statutory obligations.
It said, “The recovery demonstrates the effectiveness of the partnership between PenCom and ICPC in enforcing compliance with the PRA 2014 and ensuring that employers fulfil their statutory pension obligations.”PenCom recalled that it signed a Memorandum of Understanding with the ICPC in October 2025 to strengthen collaboration in the recovery of unremitted pension contributions, the investigation of pension-related infractions, and the enforcement of compliance with the Pension Reform Act 2014.
The commission added that the ICPC was currently investigating several private-sector employers referred by PenCom for alleged non-compliance with the Act, expressing optimism that further recoveries would be made as the investigations progressed.“The ICPC is currently investigating several private-sector employers referred by PenCom for non-compliance with the PRA 2014. With the ongoing collaboration, additional recoveries would be achieved as the investigations progress,” it stated.PenCom reiterated that the Pension Reform Act requires employers to deduct and remit pension contributions into employees’ Retirement Savings Accounts within seven working days after salaries are paid.It warned that employers who fail to comply risk sanctions.“Failure to comply with this requirement constitutes a violation of the law and attracts sanctions, including the recovery of outstanding contributions, penalties and, where necessary, prosecution,” the statement said.
The commission urged employers, particularly those in the private sector, to regularise outstanding pension remittances and comply fully with the provisions of the Act to avoid regulatory and enforcement action.It reaffirmed its commitment to protecting workers’ retirement savings, promoting compliance with the Contributory Pension Scheme, and ensuring that pension contributions deducted from employees are promptly remitted into their Retirement Savings Accounts.The PUNCH recently reported that the National Pension Commission intensified its enforcement drive to ensure nationwide compliance with the Contributory Pension Scheme by launching a specialised, high-level monitoring platform targeting non-compliant subnational governments.The initiative is part of an ongoing strategy to deepen pension reform at the subnational level and secure a sustainable retirement future for public servants across the states of the federation.
PUNCH
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