The Coalition for Economic Liberation and Transformation (CELT) has called for the immediate dismissal of Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), accusing him of profiting from fuel importation at the expense of Nigeria’s economy and domestic refining capacity.
Addressing a press conference in Abuja, CELT’s Executive Director, Henry Owolabi, criticized Kyari’s leadership, alleging that his focus on fuel importation has led to Nigeria spending a staggering N3 trillion on imported fuel in just 42 days. Between October 1 and November 11, the country reportedly imported 1.5 million metric tonnes of Premium Motor Spirit (PMS), 414,018 metric tonnes of diesel, and 13,500 metric tonnes of aviation fuel.
Owolabi accused Kyari of sabotaging government-owned refineries to benefit from the importation racket. “Kyari’s deliberate inaction regarding the repair of Nigeria’s refineries suggests vested interests in perpetuating fuel importation. His actions undermine President Bola Tinubu’s efforts to strengthen the naira and reduce fuel costs,” he said.
Key Allegations by CELT:
Currency Manipulation:
Neglect of Refinery Rehabilitation:
Economic Sabotage:
