Former Vice President Atiku Abubakar on Thursday asked President Bola Tinubu to account for the Nigerian National Petroleum Company Limited’s $3.3 billion dollars emergency crude repayment loan.

Last August, the NNPCL secured a $3.3 billion dollars emergency crude repayment loan from the African Export-Import Bank to stabilize the foreign exchange market. Few weeks ago, the Federal Government received $2.25 billion dollars out of the $3.3 billion dollars FX facility from the African Export-Import Bank.

Reacting to the deal in a statement, the 2023 presidential candidate of the Peoples Democratic Party, wondered why the only information available to the public on the mega-deal is coming only through sources from the NNPCL.


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