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Ethnic Youth Leaders Raise Alarm Over Non-Remittances To CBN By NNPC

The gathering under the aegis of Nigerian Ethnic Youths Leaders Council (NEYLC), has anyway approached President Muhammadu Buhari to swim into the issue rapidly.

There are reports that the NNPC just dispatched $1.786bn to the CBN in a half year, and that implies the enterprise transmitted a normal of under $300 million month to month.

This stood out pointedly from the figure of at some point in 2014 when a similar NNPC transmitted $3. 4bn in a month to the CBN.

The gathering said the improvement in which the partnership is transmitting peanuts into the zenith bank’s money vaults calls for concern.

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The NEYLC, which is comprised of the Arewa Consultative Youths Movement (ACYM), Ohanaeze Ndigbo Youths Movement, Oduduwa Youths and Middle Belt Youths, spread the word about its situation in a proclamation by the Ohanaeze Secretary-General and Head of Coalition’s secretariat, Nwada Ike Chiamaka.

The assertion read: “We, as ethnic young people pioneers, are frightened very much like different Nigerians are over the report of non-settlement by the NNPC to the CBN.

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“We have held up this long to check whether the report will be denied as bogus from any quarter. Since there has not been any refusal up until this point, accordingly, we must choose between limited options than to trust this story.

“We are thusly of the assessment that this is a monstrous improvement that ought not be permitted to proceed, or something bad might happen, this nation will be tossed into a significant monetary emergency.

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“We are, thereby, approaching President Muhammadu Buhari to swim into this matter rapidly.

“Such an official mediation, we accept firmly, will go quite far in thwarting monetary emergency for the country.”

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