N33tn disappeared under Jonathan’s government – APC | Nigeria Newspaper- Nigeria News| Naija News

19.8.16

N33tn disappeared under Jonathan’s government – APC

By
jonathan
The National Chairman of the All Progressives Congress, Chief John Odigie-Oyegun, has stated that at least N33tn disappeared under the administration of former President Goodluck Jonathan. He, therefore, asked the Peoples Democratic Party to keep quiet as the opposition party had no right to criticise the Muhammadu Buhari-led Federal Government because it was the cause of what the country was facing at the moment.
The party chieftain was quoted as saying this in a statement issued by his media office and signed by Segun Dipe.
Odigie-Oyegun said Nigerians, who are now bearing the brunt of the economy that was mindlessly mismanaged by the PDP, cannot forget in a hurry that some $15bn – which is about half of the nation’s foreign reserves at the end of the tenure of the PDP-led Federal Government – was mismanaged under the guise of the equipping the military, when in reality the funds were stolen by the PDP.
The statement added, “The chairman listed other instances of the massive looting of the national till under the PDP, which never differentiated between the party’s finances and the Nigerian treasury, to include: The $20 billion in oil proceeds that was never paid into the Federation Account; and the N33tn in national oil revenue that was not accounted for, considering that while the nation earned in excess of N56tn over five years under the last administration, the total budget for those years amounted to about N23tn.
“Also is the $47m that was distributed to a few individuals just to oil the election process before the last polls.”
“Nigeria is currently in the ICU (Intensive Care Unit), after it was rescued from the PDP. Yet, the same PDP has the audacity to constantly pillory the ‘doctors’ trying to save the ‘patient’,’’ the chairman said.

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