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FIRST TIME EVER: Buhari Challenges Jonathan On Missing Oil Money - Politics - Nairaland

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FIRST TIME EVER: Buhari Challenges Jonathan On Missing Oil Money by Sirniyeh(m): 9:29pm On Mar 09, 2015
www.nigeriabreakingnews.info/jonathan-is-exposed-do-you-know-what-20billion-can-do-buhari-read-full-details-here/

The APC candidate, who on Monday addressed
members of the Organised Private Sector, OPS, at the
State House, Marina, Lagos, southwest Nigeria, said the nation’s elite should take the blame for the collapse of the nation’s economy, adding that they were the ones profiting from the abandonment of the refineries.

He said some of the elite owned refineries outside the
country, which was why the refineries at home could
not be put into proper use.

On the $20 billion missing oil money, Buhari asked
Jonathan to immediately account for it as it smacks of corruption.

“This current government is being challenged to
account for an estimated $20 billion and the whole
country is awaiting a report of a forensic audit. $20
billion at N210 to $1 is equal to N4.2 trillion, nearly a
year’s federal budget.

“If it is rue this sum cannot be accounted for, this is
grossest form of corruption. Just think about it: at N5
million per vehicle, this money would have bought
840,000 patrol vehicles. At N13.5 million for a high
capacity bus, this money would have bought 311,000
buses.

“From information at my disposal, Lekki Bridge in Lagos cost N29 billion to construct. N4.2 trillion would have built 145 Lekki bridges. If the average cost of generating one mega-watt of power is about US$1.5 million (excluding gas and distribution cost), $20 billion would have bought us over 13,333 mega-watts of power. What a difference that would make up and down the
country,” he said.

He said if one also factored N2.2 trillion spent on
subsidising fuel importation, which became a huge
scandal, one might then understand why the APC’s
manifesto focuses on the issues of security, corruption and the economy.

1 Like

Re: FIRST TIME EVER: Buhari Challenges Jonathan On Missing Oil Money by kestolove95(m): 9:32pm On Mar 09, 2015
God bless u our general,we can't wait for. March28 to giv u our. Votes
Re: FIRST TIME EVER: Buhari Challenges Jonathan On Missing Oil Money by GboyegaD(m): 9:32pm On Mar 09, 2015
Where is the source oga?
Re: FIRST TIME EVER: Buhari Challenges Jonathan On Missing Oil Money by ozoigbondu: 9:35pm On Mar 09, 2015
Buhari where is our 2.3 billion dollars found in your midland account
Re: FIRST TIME EVER: Buhari Challenges Jonathan On Missing Oil Money by Goddex: 9:37pm On Mar 09, 2015
[size=18pt]Buhari is brain dead
GEJ should never waste time replying him[/size]

1 Like

Re: FIRST TIME EVER: Buhari Challenges Jonathan On Missing Oil Money by bewla(m): 10:16pm On Mar 09, 2015
tell them
Re: FIRST TIME EVER: Buhari Challenges Jonathan On Missing Oil Money by Vicotex(m): 6:37am On Mar 10, 2015
hypocrite dey point fingers.
GEJ till 2019
Re: FIRST TIME EVER: Buhari Challenges Jonathan On Missing Oil Money by Ishilove: 6:38am On Mar 10, 2015
This news is a month old already. Don't make it look like he just made the statement.

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