The Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank has accused President Muhammadu Buhari’s administration of collusion based on what he describes as his regime’s “graveyard silence” over alleged $2.5billion stolen crude oil. 

In a statement released to pressmen, Timi Frank said documents recently unearthed reveal  48 million barrels of Nigeria's Bonny Light Crude, valued at $2.5 billion was stolen and sold in China by some officials of the Nigerian National Petroleum Corporation (NNPC) in connivance with top functionaries of the Buhari’s regime.

He lamented that despite the severity of the crime, the Buhari-led administration is yet to take any action almost a month after. 

Read Also: NIGERIA CONSUMES OVER 90 PERCENT OF THE ELECTRICITY IT PRODUCES- PRESIDENCY DEBUNKS MEDIA REPORTS

“It is almost a month since this international scandal against top officials of the present administration became public knowledge, yet, no action or reaction from the Federal Government as to seeking redress and sanction against perpetrators and their collaborators," he said. 

The political activist described it as appalling that a government that had to borrow $3.4billion is acting unbothered over reports of public officials embezzling $2.5 billion.  

“It is appalling to note that the Federal Government recently borrowed $3.4billion from the International Monetary Fund (IMF), yet it appears to see nothing wrong with a few officials pocketing $2.5 billion stolen oil cash,” he said. 

The Former  APC Deputy National Publicity Secretary said the President who is also the “African Union anti-corruption champion” must bring the perpetrators of the crime to book and recover the monies stolen. 

Recall, Eon Intelligence, on July 28, reported that the Minister of Information and Culture, Lai Mohammed said that the President Muhammadu Buhari led administration has recovered over N800 billion looted funds. 

Frank further called on all Nigerians to organize mass protests  if the Federal Government fails to recover “the $2.5billion fraudulently cornered by the officials entrusted with the exploitation and sale of the nation’s natural endowments.”

Below are some excerpts from his speech:  

“Buhari, in his capacity as the ‘African Union (AU) anti-corruption champion’ cannot afford to keep quiet over this mind-boggling rape on the nation’s common patrimony, an organized criminal activity that has further ruined the reputation of the country in the comity of nations.

“Those who committed this daylight robbery must of necessity be brought to immediate justice so as to deter other criminally-minded appointees out to make the world believe that anywhere you turn under Buhari’s administration you see corruption.

Read Also: GUNMEN KILL 13 MEMBERS OF A FAMILY IN KOGI, INJURE OTHERS

“I dare say that Nigerians and future generations will not forgive Buhari and his cabal, if the humongous amount involved in this open plunder is allowed to go without lawful investigation, arrest, prosecution and appropriate punishment served on the perpetrators and their collaborators - including the full recovery of the amount now cooling in the pockets of few fraudulent officials.

“The Chinese Government cannot also afford to  be silent on this continental malfeasance which appears to have been coordinated and consummated in their domain. 

“They must also ensure that any of their official found to have fraudulently aided the theft and sale of the $2.5billion Nigerian crude oil is made to face the law. 

“I hereby call on Nigerians, wherever they are domiciled on the face of the earth, not only to condemn this brazen criminality but to demand urgent action from their elected representatives at all levels.”

He urged them to organize mass demonstrations if the Federal Government neglects to act to recover the $2.5billion now fraudulently cornered by the officials entrusted with the exploitation and sale of the nation’s natural endowments - meant for the overall development and benefit of the masses of this country.