Joseph Dawha, Managing Director of the Nigerian National Petroleum Corporation (NNPC) has asked for police assistance in protecting Nigeria’s crude oil infrastructure and pipelines according to a statement issued by Police Public Relations Officer, Emmanuel Ojukwu.
According to an article in the Punch today Dawha has also asked Mr. Suleiman Abba, Acting Inspector-General of Police for vigilance in protecting NNPC personnel against security threats.
According to a report issued by NNPC last year, it lost an estimated $243 million to oil pipeline vandalism and siphoning.
The requests for increased police protection come at a time when the NNPC itself has been accused of fiscal mismanagement and embezzlement.
Most notably, Lamido Sanusi, former central bank governor last year accused NNPC of diverting 75% of total crude oil proceeds or $49.5 billion proceeds from the nation’s coffers for the fiscal year June 2012-July 2013.
Previous audits found that the NNPC over-deducted allowances from the government in subsidy claims amounting to N 28.5 billion between 2007 and 2009.