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How Did 400 Billion Come Out Of An Empty Treasury? - Politics (4) - Nairaland

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Jonathan: I Did Not Leave Empty Treasury / I’ve Come Out Of Hiding To Mourn Awolowo – Jonathan / Ex-minister Faults Buhari On Empty Treasury, Says Jonathan Left About $30bn (2) (3) (4)

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Re: How Did 400 Billion Come Out Of An Empty Treasury? by mayor20(m): 7:08pm On Jul 07, 2015
Otherique:
The $45 billion dollars was the Foreign Reserve, its currently about $30 billion naira currently.

the $2.1 billion was for ECA which they share quarterly amongst the three tiers of Government, even when FG opined to have it saved for days like this in the SWF which of course was created for days when the price for crude will fall below expectations,

You know what the governors did, they took the FG to court, insisting that they can't save when they've not fixed infrastructural problems bedevilling their states.

It was even out of strong head that FG managed to save $1 billion in the SWF, please leave GEJ out of this, the governors are the architect of whatever problem we are witnessing, Buhari has fallen for the first bait of rewarding reckless state governors with bailouts, he'll fall some more, by the time he realises it, they'll have already made him a foot mat.


noooo. 45 BILLON DOLLARS WAS WHAT IN TGE ECA ACCOUNT AS AT 2010. HOW COME THE MONEY WAS DEPLETED TO 2.1 BILLION DOLLARS AT THE EXIT OF THE ADMINISTRATION?. CRUDE OILL SOLD AT ITS PEAK (OVER 120 DOLLARS) YET NOT A SINGLE PENNY WAS ADDED TO THE ACCOUNT. The so called soveign wealth fund is less than 10 billion dollars.






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Re: How Did 400 Billion Come Out Of An Empty Treasury? by donephi(m): 10:01pm On Jul 07, 2015
MizMyColi:
Modified
smiley
Re: How Did 400 Billion Come Out Of An Empty Treasury? by cjrane: 10:29pm On Jul 07, 2015
Buhari is only giving empty excuses why he does not want to keep his promise

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Re: How Did 400 Billion Come Out Of An Empty Treasury? by olagold65: 11:27pm On Jul 07, 2015
Before commenting,truly speakng something is never ever rght in ths country olorun oba gbo,haaaaaaaaaaaaaaaaaaa,osumi e bami mu visaaaaaaaa,ilu yii sumiiiiiIii,as much as I dnt want them to bailout our corrupt governors like aregbe in osun,buhari disapptn me seriously,mr president this is not fght against corruptn u promise,eeeeeeeeee sanu miiiiii ilu yiiiii sumiiii,e fun mi nii vissssa

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