Former President Olusegun Obasanjo has again
launched a public attack on President Goodluck
Jonathan, accusing him of squandering
$25billion crude oil savings left behind by his
administration.
Mr. Obasanjo made the allegation while hosting
the South-West women leaders at his residence
in Abeokuta Monday.
He said his administration left over $25 billion
to his successor, Musa Yar’adua, who raised the
sum to $35 billion.
Mr. Obasanjo said he also left $40billion in
Nigeria’s foreign reserve account after paying
the outstanding debt at the time.
He said former President Yar’adua also raised
the reserves to $60billion.
Under President Jonathan, the reserves has
plummeted to $40billion, Mr. Obasanjo said.
The new claims followed a series of public
denunciation of Mr. Jonathan’s government by
the former president.
In 2014, Mr. Obasanjo repeatedly lambasted the
current government, accusing the president of
promoting and tolerating corruption, and
failing to provide security for Nigerians.
Mr. Obasanjo also released a book mid-
December scolding the president as a self-
centred politician who thinks less of the country
and fraternises with corrupt and questionable
characters.
In his comments on Monday, Mr. Obasanjo said
he was not fighting the president, nor was Mr.
Jonathan fighting him. He said he was more
concerned about the interest of the country, and
therefore cared less about criticisms.
“Our economy should not have been this bad.
When I was leaving office about eight years ago,
I left a very huge reserve after we had paid all
our debts. Almost $25billion we kept in what
they called excess crude. The excess from the
budget we were saving as reserve for the rainy
days. When we left in May 2007, the reserve
was said to have been raised to $35billion,” he
said.
“But today, that reserve has been depleted!
Today, that reserve has been depleted. The
reserve we left when we finished paying all our
debts, our debts that was about 40billion
dollars, that is including debt forgiveness, the
remaining debt was not more than $3billion.
Our reserve after we had paid off this debt was
about $45billion. As I said, they continued till
the end of 2007, I heard that the reserve
increased to almost $67billion before the end of
the year. Our reserve now, learnt is left with
around only $30billion.
“That is why the Naira has been falling against
the dollar. What would now happen, I learnt if
you want to buy a dollar now, it’s about N192
or N195. What it means is this, what you have
been buying at N150 to a dollar, now you need
N192 or N195 to buy it. That is the real situation.
Is there any remedy? There is, but it does not
come overnight because it means we have to
give up all the bad things we have been doing,”
Mr. Obasanjo said.
“I know that God did not create Nigeria not to
be rich or great. Is it that the people he created
in Nigeria are not knowledgeable enough or not
intelligent enough? Or is that they don’t know
their rights? Our problems in Nigeria, let’s look
at the foundation of our leadership. In the
profession I know very well, the military, what
we normally say is that there are no bad
soldiers but bad officers. If you see a situation
where the soldiers are not doing well, we need
to examine the officers in charge. So it is in the
family, the community, the town and the
country,” he said.
He denied being against President Jonathan.
“I have no grudges against Jonathan and I think
Jonathan equally has no grudges against me.
I’m not quarrelling with Jonathan but all I know
is that whatever is good for Nigeria, that I’m
ready to die for,” he said.
“I emphasize that whatever is good for Nigeria,
is what I’m ready to defend with my life.
Whoever, I emphasize, whoever says he would
not do anything good to Nigeria, even if he says
he’s ready to go ‘konko below’, I’m ready to
square it up with such a person. I say again,
whoever that person may be, I want you to get
that correctly. If this country is going to change
for the better, it would start from the top and if
it’s going to be otherwise, it would start from
the top, too,” the former president stressed.
On the forthcoming election, Mr. Obasanjo said
he’s not apprehensive as being speculated, just
as he advised the electorates to vote for
candidates with integrity and good records.
“I have no apprehension over this coming
elections. I have no fears over the forthcoming
elections. I have had some little experience
about this country. I was a military head of state
and I was also a civilian president, so what is
left?’
“So, if I talk, I know what I’m saying. Whoever
wants, should listen to me and whoever feels
otherwise, may turn a deaf ear. But when I’m
talking, I’m talking with my understanding and
intellect. I’m drawing from my experience and
from what I’ve learnt with others and from
other countries and fellow eminent citizens of
the world that I relate with. But leave all of that.
“Good governance comes from voting, from
selection of leaders. It is now left to you to
decide who you cast your vote for because if
you throw away your votes and tomorrow you
are saying good governance, once you throw
away your votes you have lost out. That is one.
Find out the track records of achievements of
those you want to vote for. What have they
achieved in the past and not what they have
said’.
“Truly, the price of crude has fallen, but anyone
who is wise enough should know that since we
depend on just one resources, and since we
have no control over its pricing, we should be
planning for this type of situation and the way
out of it. Our inability to have reserve has
brought us into this economic quagmire,” he
said.
Earlier in her speech, the Iyalode of
Yorubaland, who led the women, noted that
President Obasanjo has become a good
repository of everything that makes for
nationhood.
“You are the hand and eye in all the nooks and
crannies of Nigeria. You are the voice
everybody is waiting to hear his response on
any topical issue in the public domain. We
believe we are in the right place to discuss with
you some knotty issues bleeding our hearts as
we have seen you as a beacon of hope and
lights for the nation”, Ms. Lawson told
Obasanjo.
On state of the nation, the women said they
were concerned about current happenings in
the country, going by the current atmosphere of
fear and uncertainty.
She said the nation is plagued by insecurity,
economic downturn, poverty, corruption,
among other challenges.
“The unabated nefarious activities of the
insurgents which have placed us as a people on
the throes of war is worrisome to us, because
womenfolk is the most affected. Countless
Nigerian women have lost their lives, husbands,
children, relatives and sources of livelihood as a
result of the despicable acts of killing and
wanton destruction by the Boko Haram
insurgents,” she said.


www.premiumtimesng.com/news/headlines/174294-obasanjo-attacks-jonathan-accuses-president-squandering-oil-savings.html?utm_source=&utm_medium=twitter

On your marks...Get set....Go back to otueke!!!!!!

Enough of baba iyabo madness jooooor... GEJ till 2019!!!

African China sang "lead us well, no let this nation fall inside well" but it seems NAIJA has fallen inside RIVER NIGER.

OBJ's word carries lighter weight compare to the atomic bomb of accusation unleashed by Rev. Mbaka which has been causing indescribable unrest and collosal confusion in GEJ's camp. GEJ cannot escape DEFEAT come 2015. HIS FRIENDS ARE REJECTING HIM.

Many are mad but few are roaming!

Cry me a river.....I have my PVC and ready to vote for GEJ!

Your cheap lies won't change the fact that GEJ has really done well for this great nation and is coming back to complete his tenure!

There is no space in Aso Rock till 2019,gaa gwazie ndi yard unu


GEJ till 2019!!!!!!!!!!!!!!!!!!!!

priscaoge:
Many are mad but few are roaming!

Cry me a river.....I have my PVC and ready to vote for GEJ!

Your cheap lies won't change the fact that GEJ has really done well for this great nation and is coming back to complete his tenure!

There is no space in Aso Rock till 2019,gaa gwazie ndi yard unu


GEJ till 2019!!!!!!!!!!!!!!!!!!!!

PDP priscaoge trying to earn his pittance using the usual lies and personality attack on the messenger, not the message!

Yaradua - badluck
Naira - badluck
Economy - badluck
Refinery - badluck
Price of petrol - badluck
Subsidy - very bad luck from 300 B to over 2 Tr
ECA - badluck
Corruption - very very badluck
More than 20,000 killed in NE alone under retardafteen - badluck
300 girls kidnapped - bad luck
More churches bombed than ever - badluck
Pension Scam, billions stolen - badluck
$20 B missing and stolen - badluck
PWC Audit report not released - badluck
From $3.5 B debt to > $60 B debt under 6 years - badluck
Privatization of power with billions - still not light - badluck
Refinery not working - badluck
Palliatives - badluck
21 dead in Immigration exercise - badluck
Religious and tribalistic division of Nigerians - badluck
From surplus to deficit - badluck
Capital expenditure - badluck
Okonjo Iweala - badluck to Nigeria's economy

Now show me how this facts are not true rather than attacking the messenger. Only ibos reason like you anyway, no surprises!

If Obasanjo was the sitting president and Jonathan playing the busy body role of obj, im sure jonathan would had been insulted, embarrassed or even arrested by now!

Chief Olusegun Obasanjo (PhD in view) has spoken well again.
Chief has stated that "anyone who wants to vote should do so by voting someone with integrity and good records". A word is enough for the wise.
Sai Buhari...the coast is even getting more clearer by hour as we approach February 14. I suggest you begin to form an excellent cabinet made up of good integrity and good records.
Sai Buhari/Oshibajo

To the extent of him borrowing now



He has plunge the resources of this country




We need a change to stop this madness

micolaj:
OBJ's word carries lighter weight compare to the atomic bomb of accusation unleashed by Rev. Mbaka which has been causing indescribable unrest and collosal confusion in GEJ's camp. GEJ cannot escape DEFEAT come 2015. HIS FRIENDS ARE REJECTING HIM.

He looks set to lose Rivers State. Only a miracle can make him defeat Buhari here. Most people planning to vote Wike keep swearing that in Presidential it must be Buhari.

dre11:

lol. Dre, I never knew you were a Progressive.
Ayamlaykorn

priscaoge:
Many are mad but few are roaming!

Cry me a river.....I have my PVC and ready to vote for GEJ!

Your cheap lies won't change the fact that GEJ has really done well for this great nation and is coming back to complete his tenure!

There is no space in Aso Rock till 2019,gaa gwazie ndi yard unu


GEJ till 2019!!!!!!!!!!!!!!!!!!!!

so can I comfortably say may God control ur life just as GEJ is controlling dis country

The image of Obj sitting right next to Jonathan at the Eagle Square in 2011 while the likes of Ahmadu Ali came over to squat and exchange greetings during the PDP primary keep flashing in my mind. Makes me keep wondering: Baba, what were you thinking??!!

I mean, it was as clear as a rising sun over the horizon of the ocean that Jonathan wasn't up to the task!! Now look at the kind of mess the man has landed us!!

Just so depressing.

Let them finish themselves. Mad people (Obasanjo and Goodluck). Their real fight will happen in kirikiri.

Pataki:
Let them finish themselves. Mad people (Obasanjo and Goodluck). Their real fight will happen in kirikiri.

Haba bros, you bad gan o

We know.....we must vote the bastard out!!!

“I have no grudges against Jonathan and I think
Jonathan equally has no grudges against me.
I’m not quarrelling with Jonathan but all I know
is that whatever is good for Nigeria, that I’m
ready to die for,” he said.
“I emphasize that whatever is good for Nigeria,
is what I’m ready to defend with my life.
Whoever, I emphasize, whoever says he would
not do anything good to Nigeria, even if he says
he’s ready to go ‘konko below’, I’m ready to
square it up with such a person. I say again,
whoever that person may be, I want you to get
that correctly. If this country is going to change
for the better, it would start from the top and if
it’s going to be otherwise, it would start from
the top, too,” the former president stressed.
On the forthcoming election, Mr. Obasanjo said
he’s not apprehensive as being speculated, just
as he advised the electorates to vote for
candidates with integrity and good records.
“I have no apprehension over this coming
elections. I have no fears over the forthcoming
elections. I have had some little experience
about this country. I was a military head of state
and I was also a civilian president, so what is
left?’
“So, if I talk, I know what I’m saying. Whoever
wants, should listen to me and whoever feels
otherwise, may turn a deaf ear. But when I’m
talking, I’m talking with my understanding and
intellect. I’m drawing from my experience and
from what I’ve learnt with others and from
other countries and fellow eminent citizens of
the world that I relate with.

Gloves don comot for hand... This is the last straw. I hope the otuoke dullard is reading this declaration of war.....

Seriously, I don't blame OBJ, Nigerians are tired and sick of this worthless, corrupt and incompetent government.

See thief claiming saint


Baba where is our $16b

“So, if I talk, I know what I’m saying. Whoever
wants, should listen to me and whoever feels
otherwise, may turn a deaf ear. But when I’m
talking, I’m talking with my understanding and
intellect. I’m drawing from my experience and
from what I’ve learnt with others and from
other countries and fellow eminent citizens of
the world that I relate with.

Even the world don taya...

Baba has said it all, get your PVC and vote wisely.

When u think you know too much and assume d air of arrogance,while u actually don't know as much as u assume,u find yourself in OBJ's shoes.
This is a man who felt he cud control nigeria's destiny instead of allowing d electorate to decide;he imposed a sick yar'Adua and an annoying dullard like gej as d vp and ensured INEC rigged d elections using another doomed personality in d make of Maurice Iwu.Now see where this has got us and he has d effrontery to b lamenting when he should go down on his knees pleading for forgiveness from nigerians for d 6yrs nightmare he has put us thru.
The only way for obj to make amends b4 he is called by his maker,as we would all will,is to ensure GEJ returns to Otuoke after May 29 and never set his sight,footsteps or brain near any thing resembling governance again,even council chairman,except in his native Otuoke.
How obj wud achieve that is also left for him and his god to decide upon.

temitemi1:
Enough of baba iyabo madness jooooor... GEJ till 2019!!!

Habalicious.....Make GEJ go rest for otueke jhor..He has tried enough....

Obasanjo go and take several seats.
The Benin - Ore road you made to look like an impossible task was reconstructed not by magic but with money.
The east west road you kept using for campaign was reconstructed not through spiritual powers but with money.
The raliways and trains you kept paying lip service to for 8 good years were revived not with prayers but with money.
The power projects you left at 5% completion after 8 years were completed and new ones were built not by wishes but with money.
Civil servants were paid minimum wage and NYSC members allowance was more than doubled, they aren't paid in kind but are paid money.
New weapons are being bought everday for the military you and previous governments refused to equip, these weapons aren't bought through trade by barter but with money.
The airports you left dilapidated all over the country were remodelled not by words but with money.
State governments allocations were increased, the increment wasn't by mere numbers but MONEY.
Obasanjo what exactly did you do with money in your tenure?
Absolutely nothing!
You should have left 100 trillion dollars in the account because you did absolutely nothing with money.

doctokwus:
When u think you know too much and assume d air of arrogance,while u actually don't know as much as u assume,u find yourself in OBJ's shoes.
This is a man who felt he cud control nigeria's destiny instead of allowing d electorate to decide;he imposed a sick yar'Adua and an annoying dullard like gej as d vp and ensured INEC rigged d elections using another doomed personality in d make of Maurice Iwu.Now see where this has got us and he has d effrontery to b lamenting when he should go down on his knees pleading for forgiveness from nigerians for d 6yrs nightmare he has put us thru.
The only way for obj to make amends b4 he is called by his maker,as we would all will,is to ensure GEJ returns to Otuoke after May 29 and never set his sight,footsteps or brain near any thing resembling governance again,even council chairman,except in his native Otuoke.
How obj wud achieve that is also left for him and his god to decide upon.

Thank you my brother. You have spoken well. God bless you for telling the truth.

if only it was only $16Bn sef

WhiteTechnology:
See thief claiming saint


Baba where is our $16b

Sloan:


PDP priscaoge trying to earn his pittance using the usual lies and personality attack on the messenger, not the message!

Yaradua - badluck
Naira - badluck
Economy - badluck
Refinery - badluck
Price of petrol - badluck
Subsidy - very bad luck from 300 B to over 2 Tr
ECA - badluck
Corruption - very very badluck
More than 20,000 killed in NE alone under retardafteen - badluck
300 girls kidnapped - bad luck
More churches bombed than ever - badluck
Pension Scam, billions stolen - badluck
$20 B missing and stolen - badluck
PWC Audit report not released - badluck
From $3.5 B debt to > $60 B debt under 6 years - badluck
Privatization of power with billions - still not light - badluck
Refinery not working - badluck
Palliatives - badluck
21 dead in Immigration exercise - badluck
Religious and tribalistic division of Nigerians - badluck
From surplus to deficit - badluck
Capital expenditure - badluck
Okonjo Iweala - badluck to Nigeria's economy

Now show me how this facts are not true rather than attacking the messenger. Only ibos reason like you anyway, no surprises!

Oga stop spamming every thread with ur copied poo

babadee1:


Thank you my brother. You have spoken well. God bless you for telling the truth.

Thank u for d blessing.But its annoying na.Everytime I see d pics of GEJ or watch him,I only feel anger boiling in me and always ask myself to d point of tears:what unpardonable and heinous offence did Nigeria commit to have someone like GEJ rule us for 6yrs.It must b something even our little gods cud not get pardon from d almighty God himself despite all their sacrifices.
For Obj to now come and start lamenting to us when he is d willing messenger used by d devil himself to foister gej on us is too insulting to be left unresponded to.

doctokwus:

Thank u for d blessing.But its annoying na.Everytime I see d pics of GEJ or watch him,I only feel anger boiling in me and always ask myself to d point of tears:what unpardonable and heinous offence did Nigeria commit to have someone like GEJ rule us for 6yrs.It must b something even our little gods cud not get pardon from d almighty God himself despite all their sacrifices.
For Obj to now come and start lamenting to us when he is d willing messenger used by d devil himself to foister gej on us is too insulting to be left unresponded to.

Honestly, truth be told Obj is indirectly responsible for many of Nigeria's problems today. He had a great opportunity to rule as a national statesman but he was a partisan ruler till the very end favouring his party PDP over the country. When he was leaving Aso Rock he put his person Yar Adua there and looked for the weakest, dullest, most compliant and most obedient politician to be the vice, that's how we got GEJ. Unfortunately for him Yar Adua died in office and GEJ decided to serve other masters.

WhiteTechnology:
See thief claiming saint


Baba where is our $16b

Na today day break for you Jonathanians?....when we ask him to fight corruption,he acted deaf and dumb by saying Ordinary stealing people will call it corruption