APC reveals corruption under Jonathan
About $56 billion (N11 trillion) was looted under the government of former president Goodluck Jonathan, the All Progressive Party claims.
The APC revealed that some minsters under the administration embezzled about $6 billion, adding that Muhammad Buhari was going to do his best to recover this funds.
160 million barrels of crude oil worth $13.9bn (N2.74tn) and NLNG dividends worth $13bn (N2.56tn) are also unaccounted for.
The figures were released in a statement on Sunday by the APC’s National Publicity Secretary, Alhaji Lai Mohammed.
“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.”
Mohammed criticized people who ask the Buhari-led administration not to probe the Goodluck administration.