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USD $1 Billion Wad Stolen Every Month Under Goodluck Jonathan – Emir Sanusi II

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The Emir of Kano, Muhammadu Sanusi II, has stated that  $1bn (N197bn) went missing every month under the administration of former President Goodluck Jonathan.

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Muhammadu Sanusi II said this during a programme titled ‘How a cancer of corruption steals Nigerian oil, weapons and lives’, which was aired on The PBS NewsHour, an American daily evening television show. In the interview, The Emir of Kano said many dirty and shocking deals took place under the immediate past Minister of Petroleum, Diezani Alison-Madueke, who is currently being investigated in the United Kingdom.

In His words, “In Nigeria, there is no accountability at all and that is why I think Nigeria’s corruption is worse than corruption in most parts of the world. It is the worst type of corruption. It’s stealing’.

“Frankly, I think a billion dollars under Jonathan a month was about what we were losing.”

The Emir of Kano stated that Under Alison-Madueke’s tenure as petroleum minister, people paid as low as $50m for access to crude oil blocs valued at over $2bn.

“Basically, all it does is allow a group of people, who themselves don’t have any kind of operating background, to pay $50m for access to the crude oil in blocs, valued at over $2bn and they just take the crude oil, ship it out and don’t return the money and there is no trace of where the money has gone”.

“Someone gets a contract to lift crude from the terminals to the refineries and in between, that crude is stolen; it is stolen on the high sea.”

“If she goes to court and is jailed for example, it sends a signal; I think that there is a day of reckoning,” he said.

“The most common method is awarding oil contracts to companies owned by friends,” He added.

Emir Muhammadu Sanusi II (born: Sanusi Lamido Sanusi) was born into the Fulani Torodbe (Sullubawa) clan of Kano on the 31st of July 1961. He was crowned on the 8th of June 2014 as the Emir of Kano, succeeding his late great-uncle Dr Ado Bayero (who died on Friday 6 June 2014). Malam Sanusi was a successful banker and was a former Governor of the Central Bank of Nigeria.

He was appointed on 3 June 2009 for a five-year term, but was suspended from office by President Goodluck Jonathan on 20 February 2014 after exposing a $20 billion fraud committed by the president’s associates in the Nigerian National Petroleum Corporation (NNPC) by the president’s regime.

Malam Sanusi is the grandson of Muhammadu Sunusi (The 11th Fulani Emir of Kano ) He was a career banker and ranking Fulani nobleman, and also serves as a respected Islamic scholar.The global financial intelliegence magazine, The Banker, published by the Financial Times, has conferred on Sanusi two awards, the global award for Central Bank Governor of the Year, as well as for Central Bank Governor of the Year for Africa. The TIME magazine also listed Sanusi in its TIMES 100 list of most influential people of 2011.

In 2013, Sanusi was also awarded a Special GIFA award at the third Global Islamic Finance Awards held in Dubai, for his advocacy role in promoting Islamic banking and finance in Nigeria during his stint as Governor of the Central Bank of Nigeria.

Source: BreakingTimes

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2 Comments

2 Comments

  1. Henkel

    December 7, 2015 at 11:32 am

    GEJ almost killed this country. All powers belong to God

    • emmyclinton

      December 8, 2015 at 9:57 pm

      So it means that nigeria has saved 9 billion dollars since Buhari became the president? And yet Buhari said nigeria is broke and salaries are not paid, Only God will judge you” APC “

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Lekki tollgate should be dismantled permanently: Bode George

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Lekki tollgates should be dismantled permanently: Bode George

Former vice-chairman of PDP SouthWest, Bode George has called for the dismantlement of tollgate at Lekki area of Lagos.

The PDP chieftain made this call at a press conference after soldiers were alleged to have shot and killed peaceful EndSARS protesters on October 20.

 

 

According to George, the dismantling of the tollgates would help in pacifying aggrieved Nigerian youths.

In his words;

“Let me reiterate the irreducible minimum acceptable to placate the angry and restless youths in order to restore peace, fairness and equity in our state.

The two tollgates should be dismantled immediately and permanently. AlphaBeta and Lekki Concession Company should be scrapped. The advert signage monopoly given to Seyi Tinubu should be withdrawn forthwith.

The Iya Oloja title should be withdrawn from Shade Tinubu and be given to the individual who deserves it according to tradition.

The NURTW which has become the militia wing of the APC should be re-organized and removed from the ambit and control of political actors.”

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Nigeria Air Force arrest officers for flogging curfew violators in Osun

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The Nigerian Airforce has arrested its erring officers for flogging violators of the state-government imposed curfew in Osun State.

A video that went viral on social media shows Airforce personnel dehumanizing and assaulting residents that violated the curfew.

The video which made rounds on social media on Tuesday, October 27, showed the curfew defaulters inside muddy water while being flogged by the security agents.

But, in a statement released on Wednesday, the Nigeria Air Force said the officers have been arrested and an investigation has commenced.

 

The statement reads:

”The attention of Nigeria Air Force has been drawn to a video showing some personnel flogging/meting out corporal punishment on suspected hoodlums involved in criminal activities during the imposed curfew in Ilesha.

We wish to inform the general public that Nigeria Air Force has identified all the personnel involved in the incident & placed them on close arrest, while investigation to determine their level culpability has commenced, after which appropriate disciplinary action will be taken.

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Kunle Afolayan flaunts interior of his exquisite mansion (Photos)

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Kunle Afolayan flaunts interior of his exquisite mansion (Photos)

Kunle Afolayan, a Nigerian filmmaker, has taken to social media to flaunt the interior of his expensive mansion.

Afolayan disclosed that calls for a full view of the interior of his house by young architect and art lovers made him share the photos on social media

The father of four added that “the structural designs was done by a professional architect but all interiors and esthetic done by me.”

Below are more photos.

Kunle Afolayan shows off the interior of his home (photos)

Kunle Afolayan shows off the interior of his home (photos)

Kunle Afolayan shows off the interior of his home (photos)

Kunle Afolayan shows off the interior of his home (photos)

Kunle Afolayan shows off the interior of his home (photos)

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