N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! - Politics - Nairaland
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| N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by Sirniyeh(m): 5:02pm On Oct 25, 2014 |
<p>The 53 Suit Cases Saga</p> Below is an excerpt of a profile of Muhammadu Buhari written by Oluwarotimi Fashakin and published on Elombah.com: Owing to the damaging effect of currency trafficking outside the Nation’s shores, the Buhari administration decided to change the colors of the currency notes in April 1984. This yielded the desired result as N5Billion excess liquidity was mopped off! As a back-lash on this exercise, there was insidious story from a section of the media that the Buhari regime allowed the Emir of Gwandu, Alhaji Jokolo to bring in 53 suitcases during the currency change, thereby insinuating a case of double-standard. Let it be said from the onset, the opinion tenaciously held on to about this incident was what was sold to the unsuspecting Nigerian public by a section of the press. So much hoodwinked that Buhari's explanation had never been heard! This is what Buhari said about this: "This is a typical case of the press believing what they want to believe. I hope it is not a reflection of the Nigerian society. I hope one day you will find the time to interview the Vice President (Alhaji Atiku Abubakar) on this. I understand he was the Customs officer in charge of the Murtala Mohammed airport, perhaps he knows more about it than myself. I have explained this so many times but the press write what they want to write and not what is factual." Going down the memory lane, he added: "I recall the day in question. We were playing squash with my ADC when his father, the late Emir was returning to the country. He was a well-respected person. I prompted Jokolo to go and receive him even when he had no intention of doing so. By some coincidence his father was returning with my late chief of protocol who was an ambassador in Libya. He returned with his three wives and about 16 children. Everything about him including the handbag of his wives was counted as a suitcase. I explained this myself but nobody believed me." It is believed that these false allegations were cooked up by persons who secretly sought to discredit Buhari in order to overthrow him. Let him that have eyes read between the lines. Let those who falsely accuse an honest man have a rethink for it is the height of injustice. <p>The N2.8 Billion ‘Missing’ Oil Money Poppycock</ p> In 1980, during the administration of President Shagari, a case arose of some N2.8 billion allegedly missing from the NNPC in the previous administration of General Obasanjo when General Buhari was the Minister for Petroleum. A Judicial Commission of Inquiry headed by a Supreme Court Judge, Honourable Mr. Justice Ayo Irekefe, was setup to examine the allegations. The MD/CEO of NNPC, Chief Festus Marinho, an oil technocrat was temporarily moved out of the NNPC to allow for investigations. From its findings, the Commission, satisfied that no such money ever got missing, dismissed the scandal. It is interesting to note that even before the allegations were dismissed by the Commission, Buhari’s name was not mentioned among those suspected. This was reiterated by General Obasanjo in 1990 in his book "Not My Will" in which Obasanjo praised Buhari’s "honesty", "moral probity and rectitude". Those prejudiced against Buhari later sought to revive these allegations and, failing to justify their claims, alleged that the sum was $3.4 billion reviewed to $4.1 billion even though all government records state clearly that the allegedly missing sum was N2.8 billion and that the allegations were found to be untrue and subsequently dismissed. They falsely claim that the coup against Shagari’s governemnt was because of the investigations. How could Buhari have staged a coup in revenge for an investigation into a case in which he was not even accused and which was eventually dismissed as baseless? The Buhari led coup was to clean up the polity which was deep in corruption during the administration of Shagari. Nigerians took to the streets in jubilation when the Shagari administration was toppled as it marked an end to a reign of corruption which had caused severe damage to the economy. One year later, the missionary zeal of the Buhari-Idiagbon regime had begun to transform the nation to the extent that Buhari was almost christened "Nigeria’s Jesus" by enthusiastic Nigerians but for the fact that that would mean a "muslim Jesus". 20 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by Johnnyessence(m): 5:39pm On Oct 25, 2014 |
d people's general av spoken his words.he's clean 11 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by hugoart(m): 6:03pm On Oct 25, 2014 |
I agree. 3 Likes 1 Share |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by PapiWata: 6:10pm On Oct 25, 2014 |
The weeping general is well known for polluting the air and the airwaves with extremist propaganda and threats to attack the state in the wake of his periodic election defeats, so it is at least a nice change to see the serial loser now ready to "clear the air" with respect to his attempted "transfer" of hard currency in 53 suitcases, to the UK, for ahem, safe-keeping in the weeping general's offshore account, back in the 1980s when he was a coup-plotting "reformist". 15 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by Nobody: 6:49pm On Oct 25, 2014 |
Buhari's opponents are really grasping at straws. All they can accuse him of is allowing 53 suitcases to come into the country! Regarding N2.8Bn it is so ridiculous it does not deserve any response. If indeed N2.8Bn was missing you just have to look at who was the military ruler at the time: Thief Obasanjo who suddenly acquired his huge Otta farm soon after handing over power to President Shehu Shagari in October 1979. [size=1pt]idu1, torkaka, bangiskings, slinkky, feelamong, sigeo, skyfall, WIZGUY69, simpleseyi, mrofficial, Metrofox, Tekzyflex,iluvweed, Ayatullah, MeAboki, Ekken, ayoola2002, nijanigga, rasojie, mmmustapha, dapachez, Balyz, focus7, kokosheen, LFJ,adebisicutie, SLIDEwaxie, blackfase, Omen100, Ttalk, kingingkinging, NgeneUkwenu, Mcweber, SirHouloo, tunwumi,Olaolufred, agabusta, ISpiksDaTroof, Sirniyeh, iconize, mikolo80, erayo2GCA, gists, AMvanquish, BRAV0O, femicyrus, Jesusloveyou,bunmioguns, gatiano, VoteOutPDPJona, diamondbility, jumas, darne, vedd, zimoni, sasview, Papertrail11, godofwar666,doja, ajani1978, drnoel, vicadex07, StevinMorgan, madamoringo, ilugunboy, tetengwo, Adminisher, fatadis, hazyfm, ashson,nuclearboy, Eziachi, Rawani, ba7man, bolaino, edogirl2, FiftyFifty, odunH, courage54, thebosstrevor, RaptorX, panafrican,osystein, Canme4u, dexter1983, Caseless, Tundeajani, lyricalpontiff, whytfaz, femmy2010, lacasa, Johnnoo, Labo,Bimpe29, PassingShot, boladex1, patrickmuf, Ilekokonit, Alphaoscar, Thayorr, locdog, Pataki, musaibnabdul, braine,wisdom77, mokaflex, datribune, toludadon, egift, igbinigiejeff, Obiagelli, OtunbaJega, Keneking, JayJustus, olajide8,kwanKwasiyya, Ibnsultan, soroptimist, Omimah, Gbawe, Ofunaofu, opabs1, segunjowo, baccaspace, musandar, omenka, ede1,Rilwayne001, aumeehn, jjwaterfalls, Trailblazer1, jaytee01, donedy, click2cbn, Ayekotoo, maximunimpact, ransomed,kingthreat, money121, ayukdaboss, juman, arsetalks, aby1976, AnanseK, AdekunleBalogun, mu2sa2, BOAR,drestoneokuta, seunmsg, pheesayor, isuomo, sarutobie, Toktee, Kessyy2k4, watered, bayonekind, jamst, danjumakolo,rash47, ibrhyme77, bakkielibra001, teniyi, yuzjet, Ediskcab, Awwal1st, Maser, ShehuAba, oluwato69sin, ZUBY77,rickkid, remsonik, aolatunde00, guttentag, pdppower, 9jagirl4re, Litmus, emmydeep, Kei144, OrlandoOwoh, mannycrown,stevecantrell, Fresia01, ak4God, mojeer678, maxit2, berem, kuntama, thegoodjoehunt, danielme1988, Fmarshal360,HNosegbe, gangar, emk4lif, hasyak, LIncomers, Arlington, OBEHIOYE, isalegan2, thoth, igbo2011[/size] 19 Likes 1 Share |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by anonimi: 7:54pm On Oct 25, 2014 |
GenBuhari: And why did INdiscipline_arian and inCORRUPTible Buhari not jail Obasanjo  Either because they are paddy-paddy or he himself (Buhari) stole the money. So na which one  21 Likes 1 Share |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by nuclearboy(m): 8:42pm On Oct 25, 2014 |
anonimi: Let us be sincere - the 2.8billion Dollar case was in 1977. Nigeria's budget was 1.1 billion - how does one "minister" steal 3 years budget? I that year, Saudi Arabia did not earn 2 billion dollars so how does Nigeria have such. Even 1984 (6+ years AFTER), Nigeria paid just 50 Million Dollars as TOTAL ANNUAL debt. Let us stop ridiculing ourselves by behaving as if our brains are leaking with these daft stories 33 Likes 2 Shares |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by Amanwulu1(m): 8:48pm On Oct 25, 2014 |
anonimi:plz ask him dat question again n lets see how he defends d indefensible 4 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by atlwireles: 9:02pm On Oct 25, 2014 |
nuclearboy: Where do you people come up with these stories? Nigeria collected about N7B in 1977 as oil revenue, which was about $14B, by the way $14B in 1977 is around $56B today.. These are documented facts. 11 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by egift(m): 9:03pm On Oct 25, 2014 |
Jonathan and his Supporters are drowning in Corruption and their only camouflage at redemption is to smear the Good Name of Gen. Buhari. Jonathan has failed Nigerians. We will not reward failure with Promotion. The Zoologist is going Home. 17 Likes 2 Shares |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by tit(f): 9:03pm On Oct 25, 2014 |
Buhari: Abacha is not kworrupt! Buhari: It is only 253 handbags!! Buhari: No $2.8 billion is missing!!! 12 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by egift(m): 9:05pm On Oct 25, 2014 |
atlwireles: Oya post the document where Nigeria earned $14,000,000,000 in 1977 from crude oil. 10 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by tit(f): 9:05pm On Oct 25, 2014 |
Buhari: Boko Haram are freedom fighters! 7 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by atlwireles: 9:07pm On Oct 25, 2014 |
egift: Make yourself useful for once in your life. Do your own research. 11 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by egift(m): 9:12pm On Oct 25, 2014 |
atlwireles: Post the Documents you claimed you have that Nigeria in 1977 earned $14,000,000,000 from the sales of crude Oil - stop beating about the Bush and wondering around the forest. When the truth is demanded Jonathians will fade in their lies. 16 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by atlwireles: 9:15pm On Oct 25, 2014 |
egift: You are an amateur, I repeat you are an amateur, do your damn research. Alamjiris don't get far with me. LET ME GIVE YOU ANOTHER HINT, BY 1979 NIGERIA'S OIL SALES WAS N10.9B NOW CONVERT THAT TO DOLLARS. 12 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by egift(m): 9:19pm On Oct 25, 2014 |
tit:Detected: Another lie from TANiods Pit of Hell. Boko Haram Fighting For Justice – Tukur National Chairman of the Peoples Democratic Party, Alhaji Bamanga Tukur, has said members of the Islamic sect, Boko Haram, are fighting for justice.http://www.punchng.com/news/boko-haram-fighting-for-justice-tukur/ 13 Likes 1 Share |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by major466(m): 9:22pm On Oct 25, 2014 |
Do you APC e minions expect me to believe in this well prepared theory? 4 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by egift(m): 9:26pm On Oct 25, 2014 |
atlwireles: Atlwireles shut up you bloody LIAR. Where is the Document you claimed to have. @Everyone: Here is Nigeria earning in 1977 - Source Jonathan's official link - (don't fall victim to Agents of Lies). The rapid growth of petroleum revenue in the 1970s removed most of the severe constraints placed on federal and regional or state budgets in the 1960s. Total federal revenue grew from N306.4 million in 1966 to N7,791.0 million in 1977, a twentyfivefold increase in current income in eleven years. Petroleum revenue as a percentage of the total went from 26.3 percent in 1970 to more than 70 percent by 1974-77. http://transformationwatch.com/2013/10/06/nigerias-financing-pattern-before-and-after-independence-north-did-not-build-the-oil-industry-shell-and-the-fg-did/ 9 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by yinkusse: 9:29pm On Oct 25, 2014 |
nuclearboy: just as 48(20)billion Dollar is more than our 2 years Nigeria's budget. similarly the case is dismissed as no money is missing by the senate. 2 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by Sibabasibaba1: 9:30pm On Oct 25, 2014 |
Hypocrites! You are quick to believe Buhari's account but are quick to dismiss another person's account. Didn't the Senate, an independent body, say Sanusi lied regarding the alleged missing NNPC $20b yet you guys will insist that GEJ and Dezieni stole our money. Why believe Buhari that no N2.8 which in today's value is over N2 trillion was missing and doubt Dezieni and the Senate that no $20bn is missing? That is hypocricy. If you insist money is missing now, others have the right to insist that money missed during Buhari's time. So Buhari is saying that the 53 suitcases issue was a case of the press believing what it wants to believe? Lol! But you all do not give the current government any benefit of the doubt. Even after govt's explanations we still doubt it's side of the story. If we believe the stories our press carry now, why should we doubt what the press carried then? The press then was non partisan and was even more professional. Ask any Nigerian media studies scholar and he will confirm that professionalism has taken flight in journalism. So, Buhari should sing us another song. For all we care, N2.8bn missed under his watch and his propensity for nepotism once more manifested when he allowed 53 suit cases of his cronies to come into the country when there was a law that nothing should enter and nothing should leave. Next page! 14 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by atlwireles: 9:32pm On Oct 25, 2014 |
egift: You are such an ediot, please tell us that value in US dollars in 1977 dollar value. What do you think N7,791.0 Million means? 7 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by atlwireles: 9:35pm On Oct 25, 2014 |
http://www.academia.edu/222415/NIGERIAN_BUDGETING_PROCESS_AND_THE_MAGNITUDE_OF_BUDGET_VARIANCES. One of the best papers on Nigeria's budget numbers from 1970 to 2002. 6 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by egift(m): 9:36pm On Oct 25, 2014 |
major466: Mr. PDP, look at my post above this and see for yourself. 3 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by egift(m): 9:42pm On Oct 25, 2014 |
atlwireles: Copy and paste the portion that confirms your claim that Nigeria earn $14b in 1977 an stop trying to corrupt the issue. 3 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by atlwireles: 9:43pm On Oct 25, 2014 |
Egift, please tell us what N7,791.0 million in 1977 means in US dollars. 7 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by atlwireles: 9:44pm On Oct 25, 2014 |
egift: Egift, please tell us what N7,791.0 million in 1977 means in US dollars. 6 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by Habakus: 9:49pm On Oct 25, 2014 |
A little too late for these explanations. When he had the time during his sadistic regime to clarify,he didn't; rather he gagged the press and media and banned them from criticizing his government and making inquiries about his policies. Now after almost 30 years he has suddenly realized the importance of freedom of the press and open policy. Too late. The stigma/stain has stuck. 11 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by Lordlexyy: 10:01pm On Oct 25, 2014 |
atlwireles:You pdp worms are a disease to be honest. You come up with unsubstantial claims without links and after being busted by egift, instead of admitting your short coming, you are here talking nonsense. May be u think everyone is as unintelligent like you bigots. Post your link or forever remain silent. 11 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by egift(m): 10:05pm On Oct 25, 2014 |
atlwireles: Tell us how it amounts to $14b and stop being smart by half. By the way where is the Document you claimed to have. (Abi na me be your Private Investigator?) The way these PDP agents lie with audacity even the Devil go fear  7 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by atlwireles: 10:09pm On Oct 25, 2014 |
egift: Why are are you running around in circle, you already your post link, now tell us the value of the numbers in dollars, from your own link. We are going somewhere. Tell us that value in US dollars for your posted N7,791.0 million in 1977 7 Likes |
| Re: N2.8M Missing, 53 Suitcases Saga: BUHARI Clears The Air! by atlwireles: 10:10pm On Oct 25, 2014 |
Lordlexyy: Do me a favour, and look for your Xbox. 5 Likes |
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