By Osasuyi Igiebor

Former Vice President Atiku Abubakar has criticized President Bola Tinubu’s directive to allow the Central Bank of Nigeria to control crude oil sales proceeds from the Nigerian National Petroleum Corporation Limited.

He noted that the CBN lacks the sole responsibility to see to the directive.

He suggested that the apex bank collaborates with the Nigeria Extractive Industry Transparency Initiative, to reflect transparency and accountability.

Atiku described the President's directive as “illegal,” adding that it undermines the operational independence of the NNPCL.