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Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 7:27pm On Oct 04, 2013
"Is there any amount too big for them to steal?? - October 4, 2013.

According to some estimates, late Gen
Sani Abacha, who was head of state from
1993 until his death in 1998, allegedly
siphoned over $4 billion from Nigeria’s
treasury. How he managed that
monumental feat at a time when crude oil
prices barely averaged $10 per barrel
reflects a measure of financial genius.

But that is no longer a record; James
Ibori improved on the Abacha Paradigm
and somehow managed to steal N80
billion from the coffers of just one state,
Delta.
Abacha and Ibori are by no means
unique:

It was estimated that the now
pardoned Diepreye Alamieyeseigha made
off with over N126 from the coffers of
Bayelsa state during his six year as
governor; an unheard of perpetual
injunction has stopped the investigation
of former Rivers state governor, Dr. Peter
Odili that might have uncovered
allegations of even more godless theft.
Not to be beaten, former governor Saminu
Turaki used his mathematical genius to
milk an alleged N34 billion from prostrate
Jigawa state.

When former Central Bank governor
Charles Soludo unveiled his banking
reform and consolidation project, many
thought he was a genius. As it turned
out, his genius was not in his economics,
but ability to market flawed policies and
contrived statistics to a gullible public.
In the end, trillions of naira worth of
depositors’ funds was ‘consolidated’ by
some bankers: Oceanic Bank’s Cecelia
Ibru was convicted of stealing over N191
billion from her bank; Intercontinental
Bank’s Erastus Akingbola allegedly
helped himself to about N164 billion while
PHB’s Francis Atuche and others are still
dancing around our legal systems in court
over allegations of massive theft.
If previous administrations thought they
had set unbreakable records in thievery,
they were baldly mistaken.

Without
breaking sweat, the Jonathan
administration managed to ‘lift’ N2.6
trillion from Nigeria’s treasury in the name
of fuel subsidies and other unwholesome
practices – including payments of billions
of naira to companies not even
registered; over $1 billion was recently
wired into the accounts of several public
officials from the Malabu oil scandal.

Not surprisingly, one year after Nuhu
Ribadu submitted his panel’s report on
the petroleum sector, who really
remembers, or cares about its findings
anymore?

This kind of impunity is not the exclusive
preserve of politicians and bankers: What
has become of a former director of
Pension Accounts, Dr. Sani Teidi Shaibu
and his accomplices who allegedly stole
over N12 billion? Did a director of police
pensions, Mr. John Yusuf, not also not
steal N27 billion in broad daily light?
What happened to the judge that set him
free? A mere suspension before he
returns to the bench to continue to sell
justice to the highest bidders.

These humungous thefts came to light
only because some of the perpetuators
are dead, are out of favour with
government, greedily refused to ‘spread’
the loot, or were simply careless. Not that
public knowledge has led to penalties:
the Abacha loot was never returned; only
a fraction of what Ibori stole was
recovered; Odili’s perpetual injunction
may protect him until death; the Ribadu
report on the oil sector is dead and
buried; the Halliburton and Siemens
scandals are long forgotten and many
notorious ‘election miracle’ judges are still
on the bench.

Add these to several allegations of
impropriety against the country’s minister
of justice and attorney general – Mr.
Mohammed Adoke, and it becomes clear
that the rot is deeply rooted.
Since most large scale thievery not only
goes unpunished, but is sometimes
admired and praised, no one seems to
pay much attention to theft at smaller
levels, thus Nigerians now steal things
like metal manhole covers – leaving
gaping holes in the middle of roads that
pose grave dangers to both drivers and
pedestrians; it is common to find bridge
and pedestrian crossings missing metal
and aluminium railings – stolen in the
dead of night; even public trash bins that
are chained to streetlamps get stolen, as
do light bulbs, solar panels, power cables
and anything that apparently belongs to
government, even if they have no real
value.

Petty theft is commonplace: police siphon
fuel from patrol cars for sale on the black
market, and valuable evidence in police
custody regularly disappear; customs
officers steal and sell seized contraband;
bureaucrats have been known to steal
files and even entire records of service of
staff; security guards steal diesel from
generators on property they are supposed
to guard; drivers steal parts from the cars
they drive; domestic helps steal foodstuff
and anything they can lay their hands on;
even babies get stolen.

Unfortunately, because so many of our
political actors – in the executive arm as
well as the legislature – came to
government through stolen mandates,
there seems to be little that can be done
about theft – large or small. Which is
Nigeria has become a place where
anything and everything is fair game for
theft, thus the question:
Is there anything Nigerians will not steal ? posted by Monstertrucks

15 Likes

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Yangona: 8:57pm On Oct 04, 2013
Quite an interesting read... Nice research.. Can't say how true the figures are but great Job!
It's funny but true because nothing is beyond stealing in my beloved country.. I mean, guys are patronizing hackers for cheat codes to by cut subscription bills, church money, anything and everything!
Couldn't agree more!

2 Likes

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 9:03pm On Oct 04, 2013
Yangona.:
Quite an interesting read... Nice research.. Can't say how true the figures are but great Job!
It's funny but true because nothing is beyond stealing in my beloved country.. I mean, guys are patronizing hackers for cheat codes to by cut subscription bills, church money, anything and everything!
Couldn't agree more!
So true man, So true
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by sCun: 9:03pm On Oct 04, 2013
This can make someone cry, how can people be so greedy?? Nigerians have been patient enough
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 9:06pm On Oct 04, 2013
Scun: This can make someone cry, how can people be so greedy?? Nigerians have been patient enough
I almost cried when I read t. #smh
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by rodeo0070(m): 10:03pm On Oct 04, 2013
Exclusive from Niger-Area...

1 Like

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by ProfessorD(m): 10:04pm On Oct 04, 2013
undecided you are just scratching the surface

1 Like

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by larride(m): 10:08pm On Oct 04, 2013
Wow.

So true. Corruption has eaten deep into our lives. We don't care about our moral values anymore. Everyone takes law for granted and do as they like because they think we live in a jungle where anything goes. Our problem in this nation is not just our leaders, we the masses also have a role to play in making this nation move forward but unfortunately for us, we have forgotten all about that, we sit down on our ar.se and complain all day long about our leaders. We encourage lairs, cheaters, thief and all sort just because they are our family/friend and thereby the rot continue to decay the more. If we want to move out of this mess we are in now then it begins with YOU and ME. Let's take charge of our immediate environment and see how things change. I have hope of a better Nigeria.

3 Likes

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 10:09pm On Oct 04, 2013
rodeo0070: Exclusive from Niger-Area...
Lol grin grin grin
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 10:23pm On Oct 04, 2013
larride: Wow.

So true. Corruption has eaten deep into our lives. We don't care about our moral values anymore. Everyone takes law for granted and do as they like because they think we live in a jungle where anything goes. Our problem in this nation is not just our leaders, we the masses also have a role to play in making this nation move forward but unfortunately for us, we have forgotten all about that, we sit down on our ar.se and complain all day long about our leaders. We encourage lairs, cheaters, thief and all sort just because they are our family/friend and thereby the rot continue to decay the more. If we want to move out of this mess we are in now then it begins with YOU and ME. Let's take charge of our immediate environment and see how things change. I have hope of a better Nigeria.

So true. These leaders are from amongst us, and are a reflection of who we are as a people. I believe that the people get the leaders they deserve and I am sorry to say Nigerians do not deserve better leaders. The average Nigeria will do just as bad as our leaders, no wonder people are dying to get into politics.

2 Likes

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by donphilopus: 10:36pm On Oct 04, 2013
This money they are embezzling is too much, there are some villages/town that can be developed with this money.
It can even cater for some so called countries for like 20years, but just one or little person just control it or use it wrongly...
God pass dem! E no go beta 4 dem
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by TundeBello1: 10:43pm On Oct 04, 2013
Commentin on fp is not an easy feat..*dancing skelewu*..../Back to the matter/.....Where is Nigeria headed?
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by TundeBello1: 10:45pm On Oct 04, 2013
Monstertrucks: "Is there any amount too big for them to steal?? - October 4, 2013.

According to some estimates, late Gen
Sani Abacha, who was head of state from
1993 until his death in 1998, allegedly
siphoned over $4 billion from Nigeria’s
treasury. How he managed that
monumental feat at a time when crude oil
prices barely averaged $10 per barrel
reflects a measure of financial genius.

But that is no longer a record; James
Ibori improved on the Abacha Paradigm
and somehow managed to steal N80
billion from the coffers of just one state,
Delta.
Abacha and Ibori are by no means
unique:

It was estimated that the now
pardoned Diepreye Alamieyeseigha made
off with over N126 from the coffers of
Bayelsa state during his six year as
governor; an unheard of perpetual
injunction has stopped the investigation
of former Rivers state governor, Dr. Peter
Odili that might have uncovered
allegations of even more godless theft.
Not to be beaten, former governor Saminu
Turaki used his mathematical genius to
milk an alleged N34 billion from prostrate
Jigawa state.

When former Central Bank governor
Charles Soludo unveiled his banking
reform and consolidation project, many
thought he was a genius. As it turned
out, his genius was not in his economics,
but ability to market flawed policies and
contrived statistics to a gullible public.
In the end, trillions of naira worth of
depositors’ funds was ‘consolidated’ by
some bankers: Oceanic Bank’s Cecelia
Ibru was convicted of stealing over N191
billion from her bank; Intercontinental
Bank’s Erastus Akingbola allegedly
helped himself to about N164 billion while
PHB’s Francis Atuche and others are still
dancing around our legal systems in court
over allegations of massive theft.
If previous administrations thought they
had set unbreakable records in thievery,
they were baldly mistaken.

Without
breaking sweat, the Jonathan
administration managed to ‘lift’ N2.6
trillion from Nigeria’s treasury in the name
of fuel subsidies and other unwholesome
practices – including payments of billions
of naira to companies not even
registered; over $1 billion was recently
wired into the accounts of several public
officials from the Malabu oil scandal.

Not surprisingly, one year after Nuhu
Ribadu submitted his panel’s report on
the petroleum sector, who really
remembers, or cares about its findings
anymore?

This kind of impunity is not the exclusive
preserve of politicians and bankers: What
has become of a former director of
Pension Accounts, Dr. Sani Teidi Shaibu
and his accomplices who allegedly stole
over N12 billion? Did a director of police
pensions, Mr. John Yusuf, not also not
steal N27 billion in broad daily light?
What happened to the judge that set him
free? A mere suspension before he
returns to the bench to continue to sell
justice to the highest bidders.

These humungous thefts came to light
only because some of the perpetuators
are dead, are out of favour with
government, greedily refused to ‘spread’
the loot, or were simply careless. Not that
public knowledge has led to penalties:
the Abacha loot was never returned; only
a fraction of what Ibori stole was
recovered; Odili’s perpetual injunction
may protect him until death; the Ribadu
report on the oil sector is dead and
buried; the Halliburton and Siemens
scandals are long forgotten and many
notorious ‘election miracle’ judges are still
on the bench.

Add these to several allegations of
impropriety against the country’s minister
of justice and attorney general – Mr.
Mohammed Adoke, and it becomes clear
that the rot is deeply rooted.
Since most large scale thievery not only
goes unpunished, but is sometimes
admired and praised, no one seems to
pay much attention to theft at smaller
levels, thus Nigerians now steal things
like metal manhole covers – leaving
gaping holes in the middle of roads that
pose grave dangers to both drivers and
pedestrians; it is common to find bridge
and pedestrian crossings missing metal
and aluminium railings – stolen in the
dead of night; even public trash bins that
are chained to streetlamps get stolen, as
do light bulbs, solar panels, power cables
and anything that apparently belongs to
government, even if they have no real
value.

Petty theft is commonplace: police siphon
fuel from patrol cars for sale on the black
market, and valuable evidence in police
custody regularly disappear; customs
officers steal and sell seized contraband;
bureaucrats have been known to steal
files and even entire records of service of
staff; security guards steal diesel from
generators on property they are supposed
to guard; drivers steal parts from the cars
they drive; domestic helps steal foodstuff
and anything they can lay their hands on;
even babies get stolen.

Unfortunately, because so many of our
political actors – in the executive arm as
well as the legislature – came to
government through stolen mandates,
there seems to be little that can be done
about theft – large or small. Which is
Nigeria has become a place where
anything and everything is fair game for
theft, thus the question:
Is there anything Nigerians will not steal ? posted by Monstertrucks
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by JbravoAdodger(m): 10:57pm On Oct 04, 2013
See guiness book of records thefts shocked
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 10:59pm On Oct 04, 2013
JbravoAdodger: See guiness book of records thefts shocked
ROTFLMAO!! grin grin
make them no con hold me oh
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by DankemzI(m): 10:59pm On Oct 04, 2013
Even altering documents... A Grandpa of 80years in civil service will swear Affidavit declaring he's 40yr, instead of retiring let his grand children be employed... Every Nigerian from 2months old, should get their brain formatted. Its every where even if it's you or me lai lai i'll also get ma share

4 Likes

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by DankemzI(m): 11:03pm On Oct 04, 2013
JbravoAdodger: See guiness book of records thefts
I DONT BELIEVE IN NIGERIA
by Esan Teniola
I don't believe in Nigeria. I don't believe in its leaders, I don't believe in anything they have to say. I don't believe that someone somewhere has the solutions to this country. I don't believe in superman. I believe in myself. I believe in my 2 hands, not begging for someone somewhere to make things right, but with these 2 hands I will build the country want to live in. I believe in my friends. I believe in my family. I believe in everyone who not only tries to make the world a better place for themselves, but also for everyone around them. I don't believe in independence. I believe in inter-dependence, for no man is an island. I believe in the potential of everyone I see on the streets. I believe in the children in that public school that had no toilets, who asked me "uncle, why dont our leaders care about the masses? Why do we always hear about corruption everyday?" I don't believe in leaders who send their children abroad to school while the nations universities are on strike. I dont believe in leaders who fly abroad for medical treatment when the nations hospitals are in need of better facilities. I do not believe in a cook who does not taste his own food. I will believe in the Minister of Education when I see his children attending public schools. I will believe in the Minister of Health when he undergoes heart surgery in General Hospital. Ivwill believe in the Minister for Tourism when he goes to Yobe for vacation and not London or Dubai. Till then, I dont believe in Nigeria. I mean the Nigeria of today, I believe in the Nigeria of tomorrow. The Nigeria that we will build. When all these black skinned colonial masters are gone. ~ Esan Teniola

6 Likes

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 11:07pm On Oct 04, 2013
DankemzI: Even altering documents... A Grandpa of 80years in civil service will swear Affidavit declaring he's 40yr, instead of retiring let his grand children be employed... Every Nigerian from 2months old, should get their brain formatted. Its every where even if it's you or me lai lai i'll also get ma share

That's why I said we Nigerians deserve their leaders.
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 11:18pm On Oct 04, 2013
DankemzI:
I DONT BELIEVE IN NIGERIA
by Esan Teniola
I don't believe in Nigeria. I don't believe in its leaders, I don't believe in anything they have to say. I don't believe that someone somewhere has the solutions to this country. I don't believe in superman. I believe in myself. I believe in my 2 hands, not begging for someone somewhere to make things right, but with these 2 hands I will build the country want to live in. I believe in my friends. I believe in my family. I believe in everyone who not only tries to make the world a better place for themselves, but also for everyone around them. I don't believe in independence. I believe in inter-dependence, for no man is an island. I believe in the potential of everyone I see on the streets. I believe in the children in that public school that had no toilets, who asked me "uncle, why dont our leaders care about the masses? Why do we always hear about corruption everyday?" I don't believe in leaders who send their children abroad to school while the nations universities are on strike. I dont believe in leaders who fly abroad for medical treatment when the nations hospitals are in need of better facilities. I do not believe in a cook who does not taste his own food. I will believe in the Minister of Education when I see his children attending public schools. I will believe in the Minister of Health when he undergoes heart surgery in General Hospital. Ivwill believe in the Minister for Tourism when he goes to Yobe for vacation and not London or Dubai. Till then, I dont believe in Nigeria. I mean the Nigeria of today, I believe in the Nigeria of tomorrow. The Nigeria that we will build. When all these black skinned colonial masters are gone. ~ Esan Teniola


I'm touched man, I'm touched.

1 Like

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by picasso4u(m): 11:20pm On Oct 04, 2013
nice post @op. one thing is to knw your problem a.d anoda is to b willing and able to solve them. I thank God people are beginning to see d problem in nigeria but hw many people are willing and ready to do something positive to change d situation.
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Swiftboy(m): 11:23pm On Oct 04, 2013
What about cooperate organizations?companies stealing from their customers.Piracy ,bribery and corruption in entertainment industry.The labour market is a sexual harassment haven for the youths. You must have sex or be homosexualy intimate with your employer.Extortion here and there from arms of the law.Lets wake up and strive to build our nation with passion,compation as patriot with our strenght and sincere emotion! Youth of great nation Nigeria! When are you going to stand-up for the future.If things are to continue like this we'll have non to feature.forget the elders,its the youths that fight for their country as we have in europe and other countries!
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by ivcraig(m): 11:57pm On Oct 04, 2013
There are a lot of great things that have happened in Nigeria. Lets not focus on negativity when we examine Nigeria's society.
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 12:01am On Oct 05, 2013
ivcraig: There are a lot of great things that have happened in Nigeria. Lets not focus on negativity when we examine Nigeria's society.

could u list the positive things please
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 12:21am On Oct 05, 2013
guonno: Igbo men like money! Chei! See the number of igbo men in the list.
ARE YOU NOT STUP|D?? MTCHEEWW
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by poshpimkiey(f): 12:28am On Oct 05, 2013
@op nyc. but aren't we all little rogues ourselves. writing common entrance in pry 4. writin wassce in ss1 n jamb in ss2 yl our parents praise us. buying results n certificates. working our nysc ppa. dropping kola for oga manager.... d fvkin list is endless. it begins wt u

1 Like

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by poshpimkiey(f): 12:31am On Oct 05, 2013
ivcraig: There are a lot of great things that have happened in Nigeria. Lets not focus on negativity when we examine Nigeria's society.
yeah, d devil gives wealth n children too, doesn't he?
guonno: Igbo men like money! Chei! See the number of igbo men in the list.
nwana, ewu namibia.... dat's whatchu are. jeez, u're as dumb as d naija is corrupt.
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by IlCapitano(m): 3:01am On Oct 05, 2013
We are all guilty one way or another. Just like breathing, corruption seems to come to us naturally. If you really want to look at the big picture, Nigerians are as corrupt of their leaders. Their corrupt deeds may not be of the same earth-shaking proportions as those of their leaders but they aren't innocuous. The average Nigerian is corrupt through and through. Acts of petty thievery hit closer to home than acts of executive brigandage committed in the far flung corridors of power. Little foxes spoil the vineyard. The petty trader around the corner riles the government day after day all the while making use of false bottomed measuring cups . Who is fooling who? A student accuses politicians of electoral malpractice, yet he doesn't bat an eyelid before indulging in examination malpractice. You really cannot give what you do not have. A flawed society will birth flawed leaders. It's only logical. What's the difference between a corrupt leader and a corrupt follower? I really do not see any difference because corruption is corruption, no two ways about it, the same way a lie is a lie, whether told for right reasons or not. Like someone said earlier, Nigerians deserve their leaders. Every time some one brings up the idea of a revolution, I simply chuckle to myself. Nigerians angle for change and any revolution would simple clear out the old and usher in a new breed of corrupt persons and we'd be back to square one in split seconds. Change must start from the bottom up A paradigm shift is in order. 'Everyone thinks of changing the world, but no one thinks of changing himself.' - Leo Tolstoy

4 Likes

Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Adesam01(m): 3:25am On Oct 05, 2013
Why steal millions to build a mansion when you cant sleep in two rooms at once!

Let change our orientation peeps; Build a home not a house!
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by dridowu: 8:09am On Oct 05, 2013
.
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by DankemzI(m): 8:28am On Oct 05, 2013
Nashville:

That's why I said we Nigerians deserve their leaders.
how did Nigerians ever let Nigeria get this bad?? Must have been during the military rule.
I heard Buhari was very strick his tenure dealt with corruption & curbed it greatly.
The worst part is when the judiciary & the media is not working thanks to corrupt rulers..
Nigeria still need to be colonized!
Re: Shocking Article On Nigerian Leaders,is There Any Amt Too Big For Them To Stea by Nobody: 9:04am On Oct 05, 2013
The children of those who have destroyed this nation will be killed by the children of common man they have made armed robbers.

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