The Conference of Nigeria Political Parties, (CNPP), has demanded an independent panel to probe the alleged loss of over $2.4bn in revenue from illegal sale of 48 million barrels of crude oil in 2015.

An ad-hoc committee of the House of Representatives investigating the matter had summoned the Attorney-General of the Federation, Abubakar Malami; the Minister of Finance, Zainab Ahmed and other officials over the issue.
CNPP Secretary-General, Willy Ezugwu, in an issued statement yesterday, said only an independent investigative panel could effectively probe the Nigerian National Petroleum Company Limited or any other parastatal or institution of government.
He said: Nigerians had expected that a Buhari-led administration will end corruption in the country, especially in a government owned corporation or company like the NNPC, but this was not the case in the last eight years.