Breaking News
Translate

Where is N5trn Nigeria’s oil money, APC queries Jonathan

By Levinus Nwabughiogu

ABUJA — THE All Progressives Congress, APC, Presidential Campaign Organisation, APCPCO, has accused the ruling Peoples Democratic Party, PDP, and President Goodluck Jonathan of diverting N5 trillion in oil and gas.

In a statement by the Director of Media and Publicity, APC Presidential Campaign Organisation, Mallam Garba Shehu, yesterday, in Abuja, the organisation asked Jonathan to explain why over N5 trillion oil and gas revenue vanished under his supervision.

“This government must answer the questions posed by the different committees and task forces that probed the oil and gas sector between 2011 and 2012.

“By this, we mean the Nuhu Ribadu-led Petroleum Task Force Report, the Minister of Trade and Investment’s report on stolen crude; the House of Representatives fuel subsidy report coupled with the investigations into the ecological fund, SIM card registration and frequency band spectrum sale,” APC Campaign Organisation said.

The APC Campaign Organisation recalled that a prominent national newspaper had in November, 2012 alerted Nigerians on how over N5trillion oil money had been stolen under Jonathan’s tenure.

 


Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.