The All Progressives Congress (APC) has slammed an alleged campaign to stop the recovery of an estimated N13.972 trillion allegedly squandered by the immediate past administration of Goodluck Jonathan.
The money referred to was the total sum of funds allegedly unaccounted for, withheld or stolen mostly from the oil sector.
In a statement issued in Lagos, yesterday, by its National Publicity Secretary, Alhaji Lai Mohammed, the APC said anyone who attempts, either by deeds or words, to sabotage the recovery efforts is not a patriot and deserves nothing but public opprobrium.
The APC listed the funds allegedly stolen or unaccounted for during the Jonathan administration as follows: – 3.8 trillion Naira out of the 8.1 trillion Naira earned from crude oil (2012-2015) withheld by NNPC
– 2.1 billion US dollars (N413.7 billion) from Excess Crude Account unaccounted for
– Department of Petroleum Resources’ unremitted 109.7 billion Naira royalty from oil firms
– 6 billion US dollars (N1.182 trillion) allegedly looted by some ministers of the last administration
– 160 billion barrels of crude worth 13.9 billion US dollars (N2.7383) lost between 2009 and 2012
– 15 million US dollars (N2.955 trillion) from botched arms deal yet to be returned to Nigeria
– 13 billion US dollars (N2.561 trillion) in NLNG dividends mostly unaccounted for – 30 billion Naira rice waiver
– 183 billion naira unaccounted for at the NDDC
The ruling party, however, said that the above listed ‘missing’ funds constituted just a tip of the iceberg since they are mostly from a few sectors of the economy, mostly the oil sector, and were discovered even before the forensic audit now being undertaken in some key areas. For more scintillating and juicy stories, follow the official Naijapals accounts On Twitter - @Naijapals and Facebook - www.facebook.com/naijapals
I have been reporting on latest news from Nigeria for almost 10 years now. I report on every possible news area I come across, but always ensure my reports are compiled with dignity and fact to uphold my personal values and duty as a journalist
Posted: at 17-08-2015 06:29 AM (8 years ago) | Addicted Hero
livingstonee at 17-08-2015 06:36 AM (8 years ago) (m)
Start from the day buhari was president before, babaginda, obasanjo and others before jonathan govt!
Posted: at 17-08-2015 06:36 AM (8 years ago) | Upcoming
noise..make them start from the northern leaders.. this buhari is just a noise maker.. he dont even know what his doing .. wrong man at the wrong place at the wrong time..
Posted: at 17-08-2015 06:38 AM (8 years ago) | Addicted Hero
victorstic1 at 17-08-2015 06:47 AM (8 years ago) (m)
WHAT I WILL SAY IS THAT ANYTHING THAT JONATHAN GIVES PPS JUST ACCEPT IT BECAUSE AM SURE EVEN JONATHAN CANNOT ACCOUNT FOR HIMSELF! HE IS CONFUSE AT THE MOMENT
Posted: at 17-08-2015 06:47 AM (8 years ago) | Gistmaniac
He should b able to account for all dis money,yes!!!,abi na how politician go dey enrich demself while d masses suffering?d money nid 2 b recovered so dat we go fit use am for d development of every!
Posted: at 17-08-2015 07:57 AM (8 years ago) | Gistmaniac
Amibomatc at 17-08-2015 10:46 AM (8 years ago) (m)
Attention diverter, Lai Mohamed. Instead of focusing on the work that unfortunately fell into your hands, you are here crying thief thief every day . Who cares, Nigerria have never had any accountable leader from onset. So shut up your dirty mouth and tell your boss to get the people that will help him do the job maybe from the USA, since his brain is not working.
Posted: at 17-08-2015 10:46 AM (8 years ago) | Upcoming
freethinker at 17-08-2015 11:06 AM (8 years ago) (m)
The problem with APC is that they reason with thier anus, they make a hell of noise. Have you invited the people concern to clarify it first before making public announcement? Believe me after all this noise, one will find out that no money is missing. LIAR MOHAMMED IS A DISGRACE NOT ONLY TO HIS FAMILY BUT TO ENTIRE YORUBA RACE.
Posted: at 17-08-2015 11:06 AM (8 years ago) | Gistmaniac
DJSNIPPER at 17-08-2015 03:31 PM (8 years ago) (m)
Nigeria is a funny place. In this mess we are now, why should any form of respect be accorded to shameless thieves by 'hiding' their names from the press and public. Just yesterday, Al Maliki, former Prime Minister of Iraq, has been fingered and openly mentioned in a plot that led to fall of Monsul to the ISIS and may face trial anytime soon. Buhari should be blunt, brash and with not courtesy in dealing with these 'mass murderers'. The rot is everywhere. Some of them may commit suicide than face the shame of dancing naked in public.
Posted: at 17-08-2015 03:31 PM (8 years ago) | Gistmaniac
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