LATEST UPDATES

Monday, 27 April 2015

Buhari says he will revisit $20b missing oil money

•Buhari
The last may not have been heard of the $20 billion “missing” oil money.

“The new administration will take a look at it,” President-elect Muhammadu Buhari said yesterday.
Former Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi, who is now the Emir of Kano, alleged that the Nigeria National Petroleum Corporation (NNPC) failed to remit $20 billion to the federation account, but a committee, which investigated the issue, claimed that about $10 billion was unremitted.

Accounting giant PricewaterhouseCoopers was brought in. It said only $1 billion was unaccounted for. Details of its report are yet to be made public.
But Petroleum Minister Diezani Alison-Madueke has said the money, which was transferred by NNPC to the Nigeria Petroleum Development Corporation (NPDC), was being sent to the treasury. This is not likely to be the end of the controversial matter, going by Buhari’s view.

Speaking while receiving a delegation from Adamawa State led by the governor-elect, Senator Jibrila Bindow, at the Presidential Campaign Office in Abuja, Buhari also said that it was unfortunate that the PDP government had practically destroyed the armed forces.

He reiterated his earlier pledge to fight corruption and restore the confidence of Nigerians in the economy while taking practical steps to create employment for the youths. Buhari, who is scheduled to take office on May 29, said: “I heard that some people have started returning money; I will not believe it until I go and see for myself.

You all know what the Emir of Kano talked about when he was the governor of the Central Bank of Nigeria when he said $20billion,  not naira, $20 billion was unaccounted for; they said it was a lie. Instead of investigating it, they sacked him. “And God in His infinite mercy made him the Emir of Kano. In any case, that is what he wanted and since this was documented, the new administration will take a look at it.”

Gen. Buhari, who decried the level of destruction inflicted on the nation by the Boko Haram insurgency, said: “I thank God for your visit. From what he (leader of delegation) has said on this problem of Boko Haram, we thank God it is now evident that this is not a religious problem, but purely terrorism. I said it earlier, all the religions we practice, both Islam and Christianity, do not support terrorism.

“So, to go and kill people either in the mosque or in a church, market, motor park or to go and slaughter children in school, anyone who commits such a crime either does not know what Allahu Akbar (God is great) means or does not believe in it. This is terrorism. It is our hope that God gives us the power to end this.”

Buhari spoke also on jobs, describing unemployment as Nigeria’s biggest problem. He said: “I went to 35 out of the 36 states of the federation. I went to some states about six times. I went for town hall meetings in Kano, Lagos and here in Abuja.

I met with religious leaders in churches of all denominations. “From the airports to the streets, we saw youths running after our vehicles, sweating; some walking the whole distance to wherever we were driving to. Whether they went to school or did not go to school, they don’t have jobs.

“This is the biggest problem we have in Nigeria today. Apart from security challenges, the next thing is to find jobs for our youths. Our youths form 60 percent of our population in Nigeria and without jobs, these people who are still bubbling with energy will constitute a danger for this nation. If our youths don’t get jobs, we will not enjoy our stay in this nation.

“But one of the things we can do for you to fight poverty in Adamawa is the abundance of arable land that you have. Where I come from (Katsina State), the Sahara (desert) has eaten into the land and our populace who were not opportune to get  formal education became private guards because there is no more land to farm.

“But for you in Adamawa, you are blessed with land and water for agriculture. The 16 years of the PDP has further impoverished the people. It was the PDP, not the APP, not the CPC, not the APC because of that, within the next four years, we will do our best.

 ”The three things we in the APC will give priority to are the issues of security, the economy and the war against corruption. These are three things that affect all the states in Nigeria. “We hope that like I have been hearing over the radio that we have regained most of the territories captured by Boko Haram; we thank God. But, among the worst atrocities committed against Nigeria by the PDP is what it has done to our military.

“It is our military that went to Barma; the same army that when I was commissioned second lieutenant, I did not spend three weeks before I found myself in Kinshasa (in Congo), then (the civil war) in Nigeria, Sierra Leone. “Then to say Nigerian soldiers failed to retake 14 local government areas out of 774, for me who served in the military, I find it incomprehensible, except if I go there to find out what is the reason for this.

The kind of leadership brought upon us by the PDP, whether it is documented or not, it can never be forgotten in our history. “Because of the (Boko Haram crisis) some of our fellow Nigerians from the Northeast don’t know where their parents are; some don’t know where their children are; their houses have been burnt, their cities, like Bama, Michika, Mubi, Madagali and the rest of them. “Some have built houses outside and when trouble starts they don’t even bother to carry their bags; they take a ride on Achaba (commercial motorcycle) and they flee Nigeria and leave us with the crisis. God help us.

“I hope those of you who have been elected as members of the legislature: the Senate and the House of Representatives at the Federal and state levels, you will work with us.
“I urge you to be patient and ensure that anything that will benefit our nation receives your support. We will try our possible best and ensure that we repair hospitals, schools, roads and ensure that we get drugs in our hospitals, books and other equipment.”

Bindow urged Buhari to help build institutions, such as health and education. Besides, said Bindow, Buhari should fight corruption.

Share this:

 
Copyright © 2014 SeniorBadoo's Updates. Designed by OddThemes | Distributed By Gooyaabi Templates