Nigerian state governors, ministers, business leaders, public officials and bankers allegedly stole $6.7 billion in public funds in seven years, Information minister Lai Mohammed said on Monday. Mohammed told reporters in the capital, Abuja, that some 1.34 trillion naira ($6.72 billion, 6.15 billion euros) was allegedly stolen between 2006 and 2013.
“The situation is dire and the time to act is now,” he added.
Giving a breakdown of the alleged theft, Mohammed claimed:
Giving a breakdown of the alleged theft, Mohammed claimed:
– 15 former state governors stole 146.84 billion naira
– 11 businessmen took 653 billion naira
– Eight people in the banking industry stole 524 billion naira
– 12 former state and federal public servants made off with more than 14 billion naira
– four former ministers took seven billion naira
The period covered the end of the second term in office for Nigeria’s first civilian president after military rule, Olusegun Obasanjo. He was replaced in 2007 by Umaru Musa Yar’Adua.
Goodluck Jonathan took over in 2010 when Yar’Adua died in office.
Nigeria’s President Muhammadu Buhari came to power in May last year, vowing to crack down on endemic corruption in Africa’s most populous nation.
He accused Jonathan’s administration of leaving the treasury “virtually empty” and vowed to recover what he said were “mind-boggling” sums stolen from the public purse. Former national security advisor Sambo Dasuki and a string of high-profile figures are currently facing corruption charges over allegedly bogus arms deals to the tune of $2billion.
Last Friday, the investigation was widened to military top brass who served under Jonathan.
Mohammed said tackling corruption was central to Buhari’s administration but added that it involved everyone.“This is Nigeria’s war,” he said.
Nigeria’s main opposition Peoples Democratic Party (PDP) has accused Buhari of conducting a witch-hunt against its members. Obasanjo, Yar’Adua and Jonathan were all PDP presidents. But the current All Progressives Congress (APC)
government would not spare anybody who has stolen public funds, regardless of their political affiliation, ethnicity or religion, added Mohammed.
culled:pmnews.
*we will,we must,we can....START ALREADY PLEASE!
This is getting serious.
ReplyDeleteAs in really serious.
DeleteEnd time massive looting.
I am sure Firstbank last MD is among the bank own,that man can launder his manhood. No wonder he was forced to resign,naughty professor .
ReplyDeleteLmao @ can launder his manhood
Delete#Dead
DeleteBwahahahahahahahaahaha!!
Oh no!
Hahaha
DeleteProfessor Klump. He looks like that guy in Eddie Murphys film. Useless people. E don spend furst bank money on Queen of TV......
DeleteIt is well, gudmrn world
ReplyDeleteIt's raining, it's raining.....
ReplyDeleteFirst rain of d year, lai mohammed lies no concern me at all dis morning.
List dia names,arrest them,don't do all dos unending long trials,kill dem instead..n don't forget to confiscate everytin dat belongs to dem n dia families.dia children must not inherit d money
ReplyDeleteC'est fini
DeleteOf all people, Buhari made Lai Mohammed his minister for information??
ReplyDeleteHe's not doing a good job at all.
I'm tired of hearing about all these nonsense. If u have evidences about these loots & their respective looters, go after them & let them face the music. Enof talks, we need action.
ReplyDeleteThey're beginning to sound like broken records everytime they come to tell us what we already suspects.
*Ghanaman signing out*
I hope Lai Mohammed counted his principal (Tinubu) as part those perpetuating the rot. Tinubu probably stole/took atleast 500 bilion naira alone.
ReplyDeleteThe same politicians who contributed to the rot in one way or another have suddenly acquired halos and wings thus thinking that once they have decamped to a different party, they become saints and their former transgressions forgiven by the almighty without any form of restitution.
ReplyDeleteStale........find something else to say lie!
ReplyDeleteKikikikiki
ReplyDelete87th comment 2016
i DO NOT THINK THAT LAI MOHAMMED SHOULD BE TALKING ABOUT THIS AFTER ALL THESE MONTHS. SIR, WE ARE ALREADY BORED WITH THIS YOUR INCESSANT SERMON, WE VOTED FOR CHANGE, SHOW JUST A LITTLE CHANGE WE VOTED FOR AND STOP THIS PROPAGANDA.ITS IRRITATING NIGERIANS NOW.
ReplyDeleteSO SOME COMMITMENT IN SOMETHING NEW, ITS ONLY WHEN YOU DONT HAVE ANYTHING TO OFFER THAT YOU BACK ON PREAMBLES . NOTE THAT NIGERIANS ARE WISER NOW
Yeah right.You are now used to being looted.They should forget it yeah? Everyone, go & enjoy what you stole.APC, steal your own too.Abi? That's what you are asking?
DeleteI am sooo tired of all these abeg.
ReplyDeleteI have heard all those things up dere b4. Why waste precious time on talk, talk, and more talk biko?
Okay, we have heard all these and many more over and over again but can we move to how to list deir names, get ALL of dem arrested and collect d monies back?
Okaybye *dropsmic*
When will they start returning the money?
ReplyDeleteThis man is mad in fact the whole APC admin are crazy, is this what their whole tenure will be about...Fuel is being sold above 100naira in most states,people are suffering they are there sharing money that was stolen please how does this move us forward abi Buhari means to say all he's there to do is fight corruption while other aspects of the country are left to die??? This minister of information needs to be taken back to secondary school he doesn't know his job, does he think he's still a spokesman for APC???
ReplyDeleteGod bless you for this comment...
DeleteYou said my mind...
Like I told some friends, this matter na hot oil; both the person right by the pan & those nearby and those around will suffer in various degrees, it will splash on those nearest & choke the ones a bit far and even smell on the ones farther still.
ReplyDeleteSo we could hear that my darling tgw's Chanel and Hérmes bags where bought from monies directly or indirectly linked to fraud! Stella may have benefited from patronage of a crook, Linda eze's hubby is actually a confirmed crook, eka joy's boo is in jail for being a crook hence her perpetual bitterness, moneymaker ran away because he was being investigated for 'Crookery', etc!
Me sef, who knows if I went under "anonymous? Lol" to avoid detection as a known 'thiefer' or receiver of stolen funds!
What a lovely place to be is our Naija! See y'all in jail, lol!!!
Hahahahahahaha....
DeleteHahahhahahahaahahahaha
DeleteDis LolAnony,u no well o.bn reading all ur funny rants and bn LMAO.
Who are r u?And why are u hiding?Hahahhahahahaha
See u and who in jail?
*wipes tear from eye*
Characters dey dis blog sha.
Don't forget to send us ur cell number. Eheh
DeleteHahaha.
DeleteTeddy is that you?
Onye ara
So now I have a boo? Well, I thot I was booless na and needed to go toast someone.
DeleteWhere is my first comment?
DeleteHahahhahahahahahhahahahaha
Dis LolAnony is crazy!
Who are u?why did u go into hiding?
Teddy dear,is this u?LMAO
*wipes tear from one eye*
This blog has characters!
Hahhahahahahahhahahahaha
Abegi...all dese corruption going on around us. God dey
ReplyDeleteWow! Change is here already! Hummm see money na waoh!!!!!!!
ReplyDeleteThe government of the day keeps repeating itself ad nauseam.
ReplyDeleteWe've heard this before and we're tired of hearing it.
This government thinks that their only job is to fight corruption apparently and in the process they've lost sight of every other area of governance.
Security is non existent, the economy is grinding slowly to a halt, there are no jobs for the many youth graduating from the poorly run educational structures, the currency is a shadow of its former self, the basic infrastructure is very poorly developed...
Yet, all we hear is about the billions that were stolen by the previous administration.
Sigh.
Dear government of the day, wake up and smell the brewing dissatisfaction. The fight against corruption is NOT YOUR ONLY JOB.
Let us hear what you're doing to improve the plight of Nigerians.
Economic indices and figures mean nothing to people who struggle to make it, day to day. Tangible results are required.
Do the job for which you were voted into power.
Anonymous Lol you be funny woman. Continue making yourself nuisance here.
ReplyDeletelair Liar Mohammed we have heard.
Name them or shut up for once
And how much did Abacha alone steal?
ReplyDelete