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Nairaland Forum / Nairaland / General / Politics / Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo (3619 Views)
$3b Down The Drain, Oil In North Remains Elusive / List Of Nigerians Whom Buhari should Borrow $30b From. / Stop Complaining; Jonathan Left You $30billion, Obasanjo Tells Buhari (2) (3) (4)
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Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by Nobody: 11:08pm On Mar 20, 2016 |
*Justifies Buhari's frequent foreign trips
*Says no regret putting Jonathan forward as President
By Gabriel Olawale, with agency repiorts
LAGOS — Former President Olusegun Obasanjo has expressed angst
against those asking him to account for recovered Abacha loot, describing
them as illiterates and stupid people.
He also said there was nothing wrong in President Muhammadu Buhari’s
frequent trips as, according to him, Nigeria needs to be in touch with
important centres of the world.
Obasanjo, who stated this in an interview, weekend, said the role of his
office was to facilitate the recovery process and not how it was put to use.
He said: “They said the money recovered from Abacha, I should account
for it. What stupidity! The man who asked for it, the man who gave the
judgement or who answered them are all stupid, with due respect.
“I don’t keep account, all Abacha loots were sent to Central Bank of
Nigeria, CBN, and every bit of it was reported to Minister of Finance. My
job was to write where we can get help to recover the money.
Olusegun Obasanjo
"Every penny that comes out of it went to CBN, so if they want to know
what happened to the money, they should call CBN governor or call the
Minister of Finance.
“But again, it shows ignorance, total ignorance, which is lacking and you
wonder, are these people educated? They can also approach the man who
helped us in recovering process to give the list of money recovered and
where he took it.”
On fluctuating oil price
On fluctuating oil price, Obasanjo said President Buhari was lucky than he
was, saying: “When I assumed office in 1999, I inherited $3.7 billion in
reserve, while Buhari met $30 billion, almost 10 times of what I met then,
and the price of oil then was $9. When it got to $20, I was dancing.
“I know the price is down now and with time, it will jump up again. What
Buhari is doing currently is preparing ground for Nigeria to take advantage
when it goes up again.”
Justifies Buhari's frequent foreign trips
Obasanjo, who justified Buhari's frequent foreign trips, said President
Buhari needed to get involved in the world.
He said: “He needs to be known and to know people. How do you make
friends and influence people except you know them and this cannot
happen if he sits in Aso Villa, especially in a situation that we found
ourselves, a situation where we have bad image in the world, a situation
where we need to play leadership role, especially in Africa, because during
Jonathan’s administration, Nigeria was not on the table.”
On Biafra agitation
Obasanjo, who described the Biafra agitation as a platform for people of
the South East to make their voices heard, insisted that Biafra was dead.
He said: “I sympathise with people agitating in the country, but what
Nigeria needs to do now is to get our economy back on track. When you
have a bad economic situation, such is expected. So I did not see their
cause as a threat but I see it as a platform to get their voices heard.
“Like I said on January 15, the important, authentic leaders of the South-
East are concerned about economic situation of Nigeria and I believe when
the situation changes tomorrow, these young people will sing a new
song.”
No regret putting Jonathan forward as President
While expressing no regrets in facilitating the emergence of former
President Goodluck Jonathan as President, Obasanjo said his objective
had been achieved by making a minority group to produce the president of
Nigeria.
He said: “I believe that Nigeria politics will be strengthened even more if
we have the opportunity to allow the minority in its own right to emerge as
President, and I do not have any apology for anybody because the
purpose I wanted Nigeria to achieve had been achieved.
“That any Nigerian can become president, it is not a regret for Nigeria and
for me because Nigeria gave him that opportunity, he used, abused,
misused as he wished and at the appropriate time, Nigerians said thank
you for what you have done and what you have not done and Nigeria said
bye bye, which is the beauty http://www.vanguardngr.com/2016/03/asking-account-abachas-loot-stupid-obasanjo/ 1 Like |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by SUPERPACK: 11:09pm On Mar 20, 2016 |
t |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by Rapidx: 11:11pm On Mar 20, 2016 |
Conversely, it is the man who lacked the capacity to account for the money he requested that is the illiterate. Mr. Obasanjo, the bucks stopped at your table as the president, therefore, you are the illiterate in this context. To the contrary, Nigeria was much more on the world table when GEJ was there than now. You met 3 billion dollars in reserves and oil price at 9 dollar per barrel. And yet you did your best. But, the crying baby Buhari met 30 billion dollars in reserves and price per barrel at 4x more than you did and yet is still confused on what to do one year after. Rather than come out clean and scold the Daura dulllard, mba!, you chose the soft target GEJ to whip. No country progresses this way. Pure hypocrisy. 6 Likes |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by DrLee(m): 11:13pm On Mar 20, 2016 |
This man sha. In other words, Buhari has no excuse 2 Likes |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by Pheals(f): 11:15pm On Mar 20, 2016 |
Op is a fool. .. See the news source to confirm 1 Like |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by egalitarian78: 11:18pm On Mar 20, 2016 |
Pheals:pls what made him a fool? |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by Pheals(f): 11:23pm On Mar 20, 2016 |
egalitarian78: The thread title and the source!! Let me close it then 1 Like
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Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by LadyExcellency: 11:40pm On Mar 20, 2016 |
Like Fashola, like OBJ, I don't sign cheques. Why are these people quick to evade responsibilities while at the same time best in blaming others? 1 Like |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by Nobody: 11:45pm On Mar 20, 2016 |
Pheals:lazy girl, read the news and u will see where he also said in his time oil price was $9. o de' 1 Like 1 Share |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by Nobody: 11:50pm On Mar 20, 2016 |
Pheals:lazy girl, read the news and see where he said Buhari met $30b while he met $3b with oil price @ $9 1 Like |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by lekjons(m): 12:26am On Mar 21, 2016 |
Now we know.. so how did he spend it? |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by obailala(m): 12:35am On Mar 21, 2016 |
Rapidx:That Nigeria could survive in 1999 with $3bn reserve and $9 oil price does not necessarily mean the $30bn inherited in 2016 is better. Remember we now have much much higher bills to pay (salaries etc) and there is a much higher demand for forex . |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by Rapidx: 1:03am On Mar 21, 2016 |
obailala: Well, the subtle message behind OBJ's to Buhari is that there is no room for excuses. That the present economic uncertainty is uncalled for. Not much has changed in the value of 30 billion do!Lars now vizavis what it could have valued in 1999. That's why he's got an economic management team, if any. Buhari has got so many misplaced priorities. Again, read OBJ's brush-over subtle message on Biafra, a situation he equally encountered. But Buhari is simply occupied with wickedness, so much so he's got little time for progressive agenda. 1 Like |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by ErasmusCOMP: 1:19am On Mar 21, 2016 |
Obasanjo, who stated this in an interview, weekend, said the role of his office was to facilitate the recovery process and not how it was put to use. He said: “They said the money recoveredfrom Abacha, I should account for it. What stupidity! The man who asked for it, the man who gave the judgement or who answered them are all silly, with due respect. “I don’t keep account, all Abacha loots were sent to Central Bank of Nigeria, CBN, and every bit of it was reported to Minister of Finance. My job was to writewhere we can get help to recover the money. Olusegun Obasanjo "Every penny that comes out of it went to CBN, so if they want to know what happened to the money, they should call CBN governor or call the Minister of Finance. “But again, it shows ignorance, totalignorance, which is lacking and you wonder, are these people educated? They can also approach the man whohelped us in recovering process to give the list of money recovered and where he took it.” Baba just borrowed Oga Fashola's line 1 Like
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Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by Walspring: 1:25am On Mar 21, 2016 |
Another bombshell from OBJ |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by chinchum(m): 1:36am On Mar 21, 2016 |
obailala:Offcourse, the Nigerian budget in 1999 was less than a trillion naira, i remember it was about 980 billion naira then, compared to a proposed 6 thrillion naira now. |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by rhymaster: 1:42am On Mar 21, 2016 |
Rapidx: I am not in Nigeria but are some Nigerians, maybe youths, becoming dulle.r than ever before? How can anyone compare 1999 to 2016 - a 17 year difference? Imagine comparing the requirements / responsibilities of a baby to an adult or a 1 year old to an 18 year old? What was the budget in then compared to now in 2016? What was the population then and now? How about other economic factors? Inflation? Balance of trade? Forex? If you must criticize, do it objectively! All these wailers continue to demonstrate that common reasoning skills and intelligent analysis is not their forte. |
Re: Jonathan Left $30b At The Reserve, I Got Just $3b: Obasonjo by Mynd44: 6:18am On Mar 21, 2016 |
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