Northern Youth Groups back NNPCL chief Bayo Ojulari over the controversial N7.13tn energy security spending. The group pointed to the audit report's explanation that part of the energy security expense arose from the gap between the exchange rate used to calculate the PMS ex-coastal price and the rate applied when import payments were actually settled. The audit report provides explanations on under-recovery, exchange-rate differentials and other costs incurred by NNPCL in the course of maintaining energy security," the statement read. It said legitimate questions about public spending must be answered with facts and documentation, not dismissed. NYG said Ojulari and the NNPCL management team should be encouraged to maintain the culture of transparency while aligning the company's operations with Nigeria's wider economic and energy-security goals.