NNPC
NNPC GMD, Dr Maikanti Baru

The Nigerian National Petroleum Corporation (NNPC) on Friday dismissed reports that it transferred cash to President Muhammadu Buhari Campaign Organisation.

Reports had emerged during the week that NNPC was funding Buhari’s re-election bid.

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Reacting to the report in a statement, NNPC said that its Group Managing Director, Dr Maikanti Baru never transferred any money to the organisation with the sole aim of funding Buhari’s re-election bid.

The organisation stated that the allegation is political induced “hallucination which has found accommodation in the subconscious of some mischievous political actors intent on dragging the corporation and its GMD into the arena of partisan political tussle.

NNPC said the allegation was not only patently false “but runs against the prevailing gale of transparency and accountability pervading the operations of the NNPC since the advent of the current administration.

“With no regard for the cherished investigative reporting ethos of balance and confirmation of the story, the allegation, without doubt, come across as a kindergarten execution of an ill thought political brinksmanship.”