Abuja, Nigeria – E be like say wahala don land again as former EFCC chairman, Abdulrasheed Bawa, don drop book on top scandalous petrol subsidy wey don dey turn our nation upside down. Di book wey dem dey call ‘The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud’ go officially release on June 5. E don get plenty people wey dey wait for am like na local jollof on top Sunday afternoon.
Bawa wey serve as di EFCC chairman from February 2021 to June 2023, dey use dis book shine light on how dem take use petrol subsidy scheme collect our money, wey suppose help we people, chop finish. Na from di experience wey he gather as big man wey lead di special investigation team during di 2012 subsidy fraud, him dey tell beta stories inside di book.
According to di former EFCC boss, na so billions of naira don disappear into thin air, and small small people wey carry di load, dem don face di music in courts. (E be like say dem don forget wetin dem call consequences.) He also explain how sabi corruption fit allow embezzlement dey waka free for years.
Bawa no dey keep am for mouth; him break down di waka dem take run di fraud. You gatz hear dis one: ghost importing, over-invoicing, manipulation of bills of lading, round-tripping, double claims, and smuggling. Na everything wey sabi rigging people dey use pass because of fake documents and weak government supervision. Na wah!
As di man dey preach di gospel of transparency, he make am clear say di book no be just to expose fraud but also a big reminder sey we gatz take action and make sure how we dey manage public funds dey proper for Naija. Na true talk wey dey catch dem as President Bola Tinubu announce di end of petrol subsidy scheme for May 29, 2023. E suppose make sense, but na wetin happen? Pump price don jump from N190 to N500! How we go take survive dis level of pepper dem?
People don dey gree sey price na now over N850. E be like say dat one no dey do our belle well o! Who no go collect di book go learn about dis madness wey dey happen for petrol market?
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