Nigeria’s former Vice-President, Atiku Abubakar has decried the whooping sum of ₦11.2 trillion receivables debit to the Federation Account as expenditure on pipeline security and payments to contractors by the Nigerian National Petroleum Company Limited (NNPC Ltd).

Alleging that the large sums were being diverted to electioneering campaigns, Atiku, the African Democratic Congress (ADC) presidential candidate, called on President Bola Tinubu to disclose details of the transactions.

Specifically, Atiku demanded the publication of contracts, payment records and project outcomes linked to oil and gas infrastructure protection.

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In a statement issued on Sunday by Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, Atiku questioned how much of the amount was spent on pipeline surveillance, the beneficiaries of the payments and the results achieved.

“NNPC’s 2024 accounts recorded roughly ₦17.5 trillion across different claims on the Federation, including petrol under-recovery and other receivables linked to advances and asset protection. Its 2025 accounts now show approximately ₦11.2 trillion in other receivables from the Federation,” he said.

Atiku said the figures did not clearly establish the amounts spent specifically on pipeline protection, urging the government to provide a breakdown of the expenditure.

He also compared the ₦11.2 trillion in receivables with the approximately ₦3.1 trillion allocated to the Ministry of Defence in 2025, arguing that Nigerians deserved greater transparency in public spending on security.

The former vice-president further called for disclosure of the contractual arrangements involving companies engaged in major infrastructure and pipeline security projects.

He specifically questioned the pipeline surveillance contract held by Tantita Security Services Nigeria Limited and the Lagos-Calabar Coastal Highway contract awarded to a company linked to the Chagoury family.

Atiku urged the government to publish relevant contract documents, bidding procedures, evaluation records and payment details to enable Nigerians to scrutinise the awards.

He also called for disclosure of any financial or material support provided by government contractors to Tinubu’s re-election activities, alleging that potential links between public contracts and political financing required clarification.

The ADC presidential candidate said transparency was particularly important amid security challenges, economic hardship and concerns about the government’s use of public resources.

He criticised the administration’s economic policies and called for measures to reduce the cost of living, improve electricity supply and strengthen public safety.

Atiku also faulted Tinubu’s recent remarks about enjoying his stay in Europe, arguing that the comments did not reflect the difficulties confronting many Nigerians.

The former vice-president said his administration, if elected in 2027, would prioritise making living costs more affordable.

The Presidency and the companies mentioned were not represented in the statement, and the allegations concerning contract awards and possible campaign financing were not independently established in the material provided.

Edo State Commissioner for Information and Strategy, Kassim Afegbua, has accused the presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, of showing “symptoms of desperation” over his promise to restore fuel subsidy if elected president in 2027.

Afegbua made the remarks during an interview while reacting to Atiku’s position on the removal of petrol subsidy and the former vice president’s renewed call for government intervention in fuel pricing.

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According to him, Atiku, Peter Obi and President Bola Ahmed Tinubu had all campaigned ahead of the 2023 presidential election on the need to remove fuel subsidy.

“Now, talking about fuel subsidy, I think the ADC candidate is showing symptoms of desperation,” Afegbua said.

He argued that Tinubu, after winning the 2023 election, implemented the removal of the petrol subsidy, adding that anyone seeking its return should be properly scrutinised because, in his view, the previous subsidy regime created opportunities for fraud and contributed to the decline of Nigeria’s refineries.

“Anybody who is planning to bring back subsidy, that person should be examined properly, because that person is trying to bring back subsidy scammers, saboteurs, and buccaneers who held down Nigeria for so long using subsidy and crippled our refineries,” he said.

Afegbua also alleged that the ADC was experiencing financial difficulties and suggested that this was influencing its campaign messaging.

“The ADC, as it were today, is undergoing some financial strain. So they are looking for every opportunity to rake in money and all of that,” he said.

The Edo commissioner, however, acknowledged that Nigerians were still facing the effects of high fuel and transportation costs, pointing to ongoing government interventions, including the planned commissioning of 50 CNG buses in Edo State.

He said the buses, expected to be commissioned on October 15, would be distributed across the three senatorial districts and would provide free transportation for passengers.

Recall that Atiku had on August 20, 2026, pledged to restore petrol subsidy if elected president in the 2027 election.

Speaking during a Facebook Live session, the ADC candidate questioned how the resources previously spent on subsidy had been utilised following its removal.

“I initially did not oppose the removal of the fuel subsidy. But now that it has been removed, where is the money? Where has the subsidy money gone?” Atiku asked.

He subsequently said: “If I win the presidential election, I will restore the subsidy. And anyone who stole Nigeria’s subsidy funds must return the money.”

On August 25, Atiku further reaffirmed that his position had not changed, saying, “When I said I would return to subsidy, I will!”

He later clarified that the proposed intervention would be targeted and focused on supporting domestic production rather than simply returning to the former import-subsidy model.

The Vice Presidential candidate of the African Democratic Congress (ADC), Rotimi Amaechi, has stated clear terms and conditions on which he will quit the party, the presidential race and back its rival, President Bola Ahmed Tinubu of the All Progressives Congress (APC) in the 2027 elections.

The former Governor of Rivers State challenged Tinubu to bring the price of petrol down to ₦600 per litre and see him withdraw from the ADC ticket and campaign for the President in the 2027 election.

Amaechi made the challenge while reacting to Tinubu’s Independence Day address and the President’s declaration that Nigeria had entered an “age of prosperity” during an interview on Friday with Channels Television’s Politics Today.

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Questioning the believability of Tinubu’s claim, Amaechi said Nigerians should assess whether the economic reforms had translated into lower prices and improved living conditions.

“It is about believability; who do you believe? Go to the 2005 Presidential speech; it is the same: we have turned the page, and we are about to start enjoyment,” Amaechi said.

“Have you asked one of your staff who goes by transport, how much it costs from Yanya to Abuja? Has anything come down?

“Has any price come down, has anything changed?” he asked.

Using the price of petrol as a test of the government’s economic claims, Amaechi said he would personally visit a filling station to establish whether the product had fallen to ₦600 per litre.

“I will go tomorrow morning to the petrol station to buy fuel, I will go myself, if fuel has come down to 600, I will campaign for President Tinubu,” Amaechi said.

The former Minister for Transport, under late President Muhammadu Buhari also challenged those who doubted his pledge to accompany him with a camera, saying he would withdraw from the ticket he is contesting alongside former Vice President Atiku Abubakar and support Tinubu if petrol had fallen to the stated price.

“If you doubt me, come with your camera to my house, and I will go to the filling station and buy fuel, and I, Chibuike Rotimi Amaechi will withdraw as a vice presidential candidate of Atiku and campaign for President Tinubu, if it has come down,” he declared.