THE
All
Progressives
Congress
on
Sunday
alleged
that
about
$56bn
(N11.02tn)
was looted during the administration of former President Goodluck Jonathan
and that the Buhari government needed to recover the funds to fulfill the
change promised by the APC.
In the breakdown by the ruling party, it said $6bn (1.2tn, at the rate of
N197 to dollar) was stolen by some of Jonathan’s ministers and that 160
million barrels of crude worth $13.9bn (N2.74tn) were lost between 2009
and 2012 while $13bn (N2.56tn) in NLNG dividends was mostly
unaccounted for.
The National Publicity Secretary of the APC, Alhaji Lai Mohammed, said this
in a statement on Sunday.
Mohammed’s statement read in part, “Some instances of the looting are as
follows: N3.8tn out of the N8.1tn earned from crude oil (2012-2015)
withheld by NNPC; $2.1bn (N413.7bn) from Excess Crude Account
unaccounted for; Department of Petroleum Resources’ unremitted N109.7bn
royalty from oil firms.
“Others are: $6bn (1.2tn) allegedly looted by some ministers of the last
administration; 160 million barrels of crude worth $13.9bn (N2.74tn) lost
between 2009 and 2012; $15m (N2.96bn) from the botched arms deal yet
to be returned to Nigeria; $13bn (N2.56tn) in NLNG dividends mostly
unaccounted for; N30bn rice waiver; and N183bn unaccounted for at the
NDDC.”
The APC consequently lashed out at those telling President Muhammadu
Buhari not to waste time probing the Jonathan administration.
The statement seems to be in reaction to a statement by the National Peace
Committee, which reportedly told Buhari that probing the past administration
was not a substitute for governance.
The APC, however, said there was no way the Buhari government could
effectively take off if it did not recover some of the trillions stolen under
Jonathan and that the party’s promise of change was based on the
assumption that it would recover some stolen funds.
The statement added, “It is absolutely gratifying that Nigerians are vehemently
opposed to the few who would rather have the government of the day turn a
blind eye to the looted funds and, in their words, carry on with the process of
governance.
“Truly, what sort of governance can go on if the billions of naira in a few
hands are not recovered? In the first instance, the government needs every
kobo of the funds it can muster to bring about the change it has promised
Nigerians.
“Secondly, leaving such hair-raising funds in the hands of the few looters is
dangerous, because they can use the funds to destabilise any government. In
fact, no one will be surprised if the looters use their dirty funds to sponsor
public demonstrations against the government’s determination to recover the
funds.
‘’Thirdly, allowing those who privatised the commonwealth to get away is
offering a thumbs-up for looting. No responsible government will do that.”
The party said that those who stole had embarked on an increasingly-bold
campaign to discredit the government of the day and sabotage the funds’
recovery process, using newspaper columnists, ‘talking heads’ and otherwise
respectable opinion leaders.
The APC submitted that it was necessary to remind Nigerians of the “massive
looting of the treasury” that took place in the past few years, so the citizens
could better appreciate the seriousness of the issue at stake.
The party said the listed “missing” funds constituted just a tip of the iceberg,
adding, ‘’The level of looting that went on in other sectors is better imagined,
hence the need for all Nigerians to rally around the Buhari administration to
recover the loots, bring the looters to justice and to put in place measures to
prevent such looting in the future.”
But the Peoples Democratic Party, in its reaction on Sunday, said the figures
released by the APC were imaginary.
The party’s National Publicity Secretary, Chief Olisa Metuh, in a statement,
described Mohammed’s statement as “reckless, irresponsible and highly
provocative.”
Metuh said, “In trying to escalate their stock-in-trade of lies, wild allegations
and falsehood, the APC failed to understand that their baseless fabrications
are capable of throwing an unsuspecting nation into chaos.
“The spate of fabrications by Lai Mohammed has become a sickening source
of worry for well-meaning Nigerians, including those in his party.”
The PDP spokesperson called on Buhari and the APC, as a party, to call
their spokesman to order before he plunges the country into crisis with wild
and unsubstantiated claims.
He said the APC-led government should get serious with the fight against
corruption by investigating and prosecuting corrupt persons, rather than
unnecessarily playing to the gallery. http://www.punchng.com/news/apc-says-jonathans-govt-looted-n11tn-pdp-kicks/

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Power changed hands, the reason for the probe and perceived witch-hunt. If it was APC that ruled for 16 years and PDP snatched power, they would have done what APC is doing now. It is just normal.

Since corruption seems normal to many polithiefcians most especially when they are party members, the reason none of them probed the other for 16 years under PDP BUT THIS TREND MUST STOP.

Sincerely, I am tired of this noise by APC. Probe, recover and send defaulters to jail and Nigerians would celebrate. Enough of noise, we need result.

g

Devil is a lai

Apc no dey tire for accusations? Or are they still the opposition. If you have evidence why not the proper arm of the law to get those involved

Seriously am begining to wander how I would have survived another 4yrs of jonathan's rule, with all these lootings and corruption

Apc-Pdp at war... I wonder who's to be believed.. We Nigerians are watching... 100days in power is almost up... All we've got from this party is alleged this and that, No results has been yielded yet...




Well.. #IBelongsToNobody

this wan thick oo


In other news:
God will disgrace my adversaries - Wike
https://www.nairaland.com/2531585/god-disgrace-adversaries-wike

this wan thick oo

I begin to wonder what the APC are really saying. So much inconsistent in their various statement. At one point it was N6Billion and later increased to N9.2Billion and now finally to N11Billion. Now let us consider the following scenario, who are we really going to say that really loot the nation between Amaechi and Wike. The former was in PDP and later moved to APC, while the latter has been a PDP Member ever since. To me if any money of such magnitude was stolen then it was stolen by both parties since most of them are constantly defecting from one political party to another
To me, are doing the mind game to distract people from asking the true dividend of democracy.