₦airaland Forum

President Goodluck Ebele Jonathan and two of his top
ministers may be attempting a cover-up on what clearly
competes as Nigeria’s biggest fraud ever, involving the
illegal diversion, or theft, of over N8trillion crude oil
sales proceeds.

In a frantic and unusual memo to the president on
September 25, 2013, Central Bank governor, Sanusi
Lamido Sanusi detailed how government-owned oil
firm, the Nigeria National Petroleum Corporation,
NNPC, had systematically diverted N8trillion, being
sales proceeds between January 2012 and July 2013.
CBN governor revealed that for all crude oil sales
within the period, NNPC paid only 24 percent proceeds
into the federation account, and diverted or stole the
remaining 76 percent-totalling N8 trillion.

It's however frightening to ascertain that upon this exposure was the former CBN governor, Mallam Sanusi Lamino Sanusi got his compulsory leave that later metamorphosed to sack. Ever since the appointment of the new CBN governor, the case has been swept under the carpet.

The diverted or stolen amount-N8 trillion between
January 2012 and July 2013- is the nearly the
equivalent of the total federal budgets for two years.
Put together, the sum can run the entire country for
the period, build several new roads and railways, pay
wages of millions of workers, cater for the nation’s
teeming unemployed, build thousands of hospitals
and schools, complete ongoing power projects, and
on an urgent note, clear multiple times, all
government financial obligations to university
lecturers.

Nigerians, we need change!

For detail
www.okgist.com.ng/blog/2013/12/exposed-president-jonathan-allison-madueke-okonjo-iweala-involved-in-n7-8trillion-fraud/

Bunch of fucktàrds.

APC Internet cockroaches can't even fabricate a believable lie. 8 trillion naira, that's almost 2 years budget of the Federal Republic of Nigeria.

The more they lie the more they endear the shoeless guy to us. He must rule over Nigeria till 2019 and hand over to David Mark

OlisahMETU:
The more they lie the more they endear the shoeless guy to us. He must rule over Nigeria till 2019 and hand over to David Mark

well said.

Liar Muhammed and his team of e-liars are helping drag the name of APC in the mud. They should keep it up.

Fraud ooooooooooo!

Just wondering how much the govt. has that can accomodate N8 trillion scam in 2yrs without a total shut down & collapse of govt structures, parastatals & institutions, including states.
Poorly thought out lies !

What All these APC eQuacks don't realize is that the more they concoct and spew trash about our humble and hardworking president the more people get to know how silly they are. APC(Alliance for Public Calamity). SMh GEJ till 2019. Then he'll handover to David mark!!!

OP. 8trillion is a small amount na. Let's make it 80trillion, then probably, you will catch our attention.

Lai Mohd should hire smarter folks. These his boys are too dumb on the job especially the ones of this forum.
How much is our annual budget in the first place?

This level of corruption is amazing

This thread should be closed...Haba!.

av been saying it here this two old women should be probe for corruption. these women are the one that's spoiling this society,their words are full of lies they will surely give account to God on what they av did.

Sunnybobo3:
APC Internet cockroaches can't even fabricate a believable lie. 8 trillion naira, that's almost 2 years budget of the Federal Republic of Nigeria.

Lo l- sounds very funny, right!

But then, this is exactly how it sounds when people say Buhari stole 2.8 Billion dollars when Nigeria's budget was 1.1 Billion. And he was just a minister, not Head of State, when he "stole" 3 years budget

The chickens are coming home to roost in 2015

Only 3 people steal 8 trillion naira

hian make una fear God with this kind lie na

Abeg wetin be Nigerian budget sef wey 3 people go steal 8 trillion naira...


All this lie una dey share remember daris god oooooooooo