Afrigather 
Authorized Luminary and Human Rights Activist, Femi Falana has charged the Minister of Finance and Coordinating Minister of Financial system, Olawale Edun, to instruct the Nigerian Nationwide Petroleum Company Restricted (NNPCL) to repay the sum of $34.2 billion to the Federation account.
The Senior Advocate of Nigeria, SAN famous that the $34.2 billion was acquired on behalf of the Authorities of Nigeria from the Nigerian Liquefied Pure Gasoline (NLNG) Restricted from 2004 to 2021.
In a letter titled ‘Request To Get better $34.2bn Being Dividend Collected By NNPCL On Behalf Of The Federation,’ Falana recalled cases the place monies have been allegedly remitted by the NLNG to the NNPCL.
When was the $34.2 billion acquired?
Falana hinted that the stated quantity was acquired on behalf of the federal government of Nigeria from the Nigerian Liquefied Pure Gasoline (NLNG) Restricted from 2004 to 2021.
He wrote, “From the knowledge at our disposal, the stated sum of $1.267 billion was not remitted to the Federation Account by the NNPCL. Subsequently, the NNPCL is withholding a complete sum of $34.2 billion from the Federation Account.
The human rights activist additionally famous that diverting the cash from the federation isn’t supported by any legislation.
Falana threatens authorized motion towards NNPCL
The senior advocate stated, “For those who fail to accede to our humble request, we will not hesitate to provoke authorized proceedings on the Federal Excessive Courtroom for rapid restoration of the stated sum of $34.2 billion from the NNPCL.”
He additionally added, “We will additionally pray the Courtroom to direct the NLNG to remit dividends earned by Nigeria to the Federation Account forthwith.’’
Falana concluded by expressing his hope that the finance minister would accede to their request.
