Barely
hours
after
President Buhari cried out that he inherited virtually an empty treasury
from former President Jonathan, the latter has fired back saying he
handed over $30 billion to Buhari. Immediate past Minister/Deputy
Chairman of the National Planning Commission (NPC), Dr. Abubakar
Olanrewaju Sulaiman who spoke for the Jonathan administration said
the $30b left in the treasury was in addition to the $2 billion left in the
Excess Crude Account as at May 29. Sulaiman, in a statement he
personally signed in Abuja, today warned that Jonathan must not be
criminalized under the guise of playing politics, even as he described
Buhari's claim as “unscientific and unfair.” According to him “The
immediate past administration left behind close to US$30billion in its
Foreign Reserve. So, how does the question of an empty treasury
arrive? In the Excess Crude Account, we left behind US$2billion as at
May 29. And the sum would have been higher if not for the governors'
insistence on sharing it. “The government can't tell us that there is no
Excess Crude Account (ECA), Sovereign Wealth Fund (SWF) or are we
saying the Federal Inland Revenue Service (FIR) and related agencies
had not in the last one month been generating revenue? “Until they are
able to prove they had no receipts from these government agencies in
the last one month before Nigerians can now buy into Mr. President's
claims of an empty treasury. “Money made by government is meant to
be spent, and this the immediate past administration did responsibly.
Every government, even in the so-called western world, including the US
which today remains one of the largest debtor nations in the world,
government operates on deficit. “Is it not on record that President
Obama inherited US$3 trillion debt, a collapsed banking sector and
mortgage industry, yet he never raised any alarm. None of these has
happened in Nigeria under Jonathan. “Under Jonathan, Nigeria became
the largest Africa economy and 26th in the world amidst deadly security
challenges and dwindling international prices of oil. In spite of all these,
the Federal Government never owed salaries. “Upon inception of
Jonathan's administration, it is on record that the price of oil at the
global stage was over $100 per barrel and at the close of the
administration, it dropped to $46. Yet, there wasn't collapse of
government and federal civil servants were paid as at when due.” He
said it was a “disgrace that Nigeria cannot pay salaries of its workforce.”

link: www.nigeriannation.com/news/i-left-30bn-in-the-treasury-for-you-jonathan-replies-buhari.aspx

cc lalasticlala barcanista seun

Maybe the General converted 30 billion dollars into West German currency and the money reduced.

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This is getting interesting!

slap1:
Maybe the General converted 30 billion dollars into West Germany currency and the money reduced.

hahaha baba President Buhari

He left $30billion?

How much be our budget?

Nigeria is broke Abeg with massive corruption and reduction in the price of World oil market

Questions for APC and Buhari....


The money they gave out to military to fight boko haram was it from their pocket?


The money they want to give to senators for wardrobe allowance, is it from their pocket?


The money Buhari has been using for tours and using to feed his cows,is it from their pocket?


I thought it is only during campaign that politicians lie? We know PDP are thieves but now APC seem to be thieves and liars.

This isn't Jonathan's reply

May be lai mohammed a.k.a interpretter general of the federation didn't explain things wela to p.m.b

papoose999:
hahaha baba President Buhari

Retardeenho must be drunk to make such claims. No wonder they call him the ogogoro master.

rhymz said Buhari's constant knack for excuses and lack of direction is beginning to get
everyone worried, he obviously was not prepared from the on set, he has
been struggling to even form a cabinet, most of the decisions he has been
making lately obviously shows a man that is gripping in the dark and looking
for excuses to explain his failures just in case it happens. Get to work and
stop whining.true talk

.

You guys are spewing rubbish. Here are links to some of the publications of the money borrowed by FG to pay salaries. If they had all that money, how come they borrowed money to pay salaries? They were all published on the 6th of May 2015:

http://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html

http://www.pmnewsnigeria.com/2015/05/06/fg-borrows-n473bn-to-pay-salaries-okonjo-iweala/

http://www.vanguardngr.com/2015/05/nigeria-borrows-to-pay-salaries-with-cash-crunch-worsening/

http://www.aljazeera.com/news/2015/05/150506055148505.html

Okojo Iweala made the revelation on the 6 May 2015. So, the question is, how come, all of a sudden, they are claiming that they left $30billion and another $2billion in the government coffers?

One thing I am certain of is Polithiefcians will never say what they mean and never mean what they say.

Very good. Ewesu boy don vex with Mal. Daura. Why didn't you leave $37bn so that each state and FG/FCT can have a $bn each? Give him $5bn more from PDP left over campaign fund.

ds admin wan begin thief in advance...ds is part of d reason nigerians talk say mk d baba fulfil his campaign promise nd declare his assets in public but d dullards supportn d President Buhari no go hear remain remain five days mak 30days complete cos last tym I chckd dey say mk we give baba 30days

D3 alias Dulladinho would keep giving excuses until his tenure elapses.

#onechancepresident.

Source?!

Buhari doesn't understand the meaning of anything. He's clueless and hiding behind old age to spew thrash. He doesn't even know what External Reserve and Excesss Crude Account/Sovereign Wealth Fund are.

I hope they are not looting in advance?

Nonsense, buhari and Jonathan are two fools

LordMecuzy:
He left $30billion?

How much be our budget?

Nigeria is broke Abeg with massive corruption and reduction in the price of World oil market

do you think $30billion is equal to N30 billion ? the money Mr ex president left is more than enough for someone to say he left an almost empty treasury

barcanista:
Buhari doesn't understand the meaning anything. He's clueless and hiding behind old age to spew thrash

what do you expect from an old man.....when I saw the news yesterday and the comments here,I just laughed it off....they should have told him the meaning of treasury before making........

papoose999:
ds admin wan begin thief in advance...ds is part of d reason nigerians talk say mk d baba fulfil his campaign promise nd declare his assets in public but d dullards supportn d President Buhari no go hear remain remain five days mak 30days complete cos last tym I chckd dey say mk we give baba 30days

I fear Un fr this country,another name again

Bizibi:
what do you expect from an old man.....when I saw the news yesterday and the comments here,I just laughed it off....they should have told him the meaning of treasury before making........

Bros, we are in serious trouble in this country. The other day it was Joda that said our budgetary deficit is not N1.3trillion but N7trillion. The man doesn't even have a clue what Budgetary deficit is. Now it is Buhari that is saying nonsense. Instead of these old men to retire home, they are dragging space with young sharp minds

barcanista:
Bros, we are in serious trouble in this country. The other day it was Joda that said our budgetary deficit is not N1.3trillion but N7trillion. The man doesn't even have a clue what Budgetary deficit is. Now it is Buhari that is saying nonsense. Instead of these old men to retire home, they are dragging space with young sharp minds

bros go and retire them, what are you waiting for? You don't even reason before typing

barcanista:
Bros, we are in serious trouble in this country. The other day it was Joda that said our budgetary deficit is not N1.3trillion but N7trillion. The man doesn't even have a clue what Budgetary deficit is. Now it is Buhari that is saying nonsense. Instead of these old men to retire home, they are dragging space with young sharp minds

my brother,this 4 years go long ooo....someone should be appointed to put him through before he makes any statement

LordMecuzy:
[s]He left $30billion?

How much be our budget?

Nigeria is broke Abeg with massive corruption and reduction in the price of World oil market[/s]

olodo

Bizibi:
my brother,this 4 years go long ooo....someone should be appointed to put him through before he makes any statement

Someone should be appointed? D gods of APC are telling baba to ride on. They weren't prepared to lead a government but to run the chaotic parallel government.

Sai Buhari fans don't understand these things. There own is to carry broom (or cutlass) to chant Sai Buhari...Sai Baba...Change/Chanji

taposky:
do you think $30billion is equal to N30 billion ? the money Mr ex president left is more than enough for someone to say he left an almost empty treasury

For baba mind if tell Nigerian i met emty tresury they will say hey how is he going work 4geting dat he supose 2make his own money since he is supose 2pay salary at d end of d month and not at d beginning of d month. So oga get back 2 work,in d first place dis why we voted u. Enough of excuses haba

barcanista:
Someone should be appointed? D gods of APC are telling baba to ride on. They weren't prepared to lead a government but to run the chaotic parallel government.

oboy Mata wan change enter neutral be that.....I will just ignore the center and focus on my state