December 1, 2020

Adekunle Adeniyi/TnTv Network

Political Activist and Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank on Thursday vowed to mobilize both local and international mass protests against the federal government if it refuses to act, to ensure that “this crime against the Federal Republic of Nigeria, perpetuated by influential members of the present regime is not swept under the carpet as usual.”

Frank described the graveyard silence of the President, General Muhammadu Buhari-led regime’s silence over the $2.5billion stolen crude oil as evidence of complicity. 


He said; Documents recently unearthed showed how 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.
Frank who made the assertion in a statement made available to TnTv Network News Desk said that the failure of the presidency to condemn the heinous crime and act to bring the conspirators to book can only point to tacit support by the Federal Government.

Comrade Timi Frank (Political Activist & Former APC Publicity Sec.


He wondered why history seems to have repeated itself under General Buhari as Minister of Petroleum Resources in the last five years.


He recalled the missing “53 suitcases” saga in 1984 when Buhari was Military Head of State. Again, $2.8billion oil money disappeared in similar circumstances when Buhari was federal commissioner in charge of Petroleum under the Olusegun Obasanjo regime in 1978.


He added that now another $2.5billion has again been allegedly stolen under the watchful eyes of Buhari as President in a democratic setting, “making it seems as if he has a penchant for missing money whenever he is in charge.”


The activist lamented that his earlier call on General Buhari to sack, arrest and prosecute government officials responsible for the reprehensible act fell on deaf ears. 
He insisted that the silence of Buhari and the Group Managing Director (GMD) of the NNPC, Mele Kyari, over the international embarrassment is a direct insult on Nigerians. 

Frank said: “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, however, called on the Nigeria Labour Congress (NLC), other labour unions and prominent Civil Society Organisations to speak up against what he described called looting of public treasury in the country.
“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.


“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.


“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.

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