Human rights lawyer Femi Falana has called for an independent investigation into alleged irregularities surrounding the petrol subsidy and the importation of petroleum products into Nigeria. Falana voiced his concerns on Channels Television’s “Sunday Politics,” criticizing what he referred to as an “importation scam” and urging for a thorough examination of the Nigerian National Petroleum Company Limited (NNPCL) operations.
Falana expressed skepticism about the National Assembly’s ability to conduct a rigorous and unbiased investigation into the NNPCL’s activities. He argued that the legislative body has failed to demonstrate the requisite diligence and impartiality in handling such critical matters.
“It is high time the importation scam was investigated,” Falana said. “I am not referring to the superficial inquiries currently being conducted by the National Assembly. The media and civil society organizations must play an active role in exposing the fraud.”
Falana’s call for investigation follows a recent statement from the NNPCL, which admitted that its ability to ensure a steady fuel supply is compromised due to substantial debts owed to petrol suppliers. The NNPCL’s admission has raised concerns about the government’s transparency regarding the petrol subsidy.
The Senior Advocate of Nigeria criticized the government’s communication on fuel affordability and sustainability, suggesting that rising fuel queues at filling stations indicate underlying issues. He noted, “When the government starts discussing affordability and sustainability in response to these problems, it signifies that there are serious concerns.”
Falana also highlighted a lack of full disclosure from the government concerning petrol subsidies, pointing out the contradictory nature of official statements versus the reality of the situation. He criticized the government’s management of refinery repairs, arguing that the repeated delays in resuming production at state-owned refineries undermine public trust. Falana has threatened legal action against those responsible for any further postponements in refinery operations.
Additionally, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has reported that the current landing cost per litre of petrol exceeds ₦1,200, excluding margins for marketers, transportation, and other logistical expenses. IPMAN National Operations Controller Zarama Mustapha revealed that the NNPC sells petrol to marketers at approximately ₦565 per litre, indicating a subsidy of nearly ₦600 to ₦700 per litre.
Mustapha emphasized that regardless of official statements on subsidies, the substantial discrepancy between the selling price and the landing cost clearly demonstrates that a significant under-recovery is occurring.
The call for a thorough investigation reflects mounting concerns over transparency and accountability within Nigeria’s oil sector.
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