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Corruption: Jonathan Doled Out N100bn, $295m Cash In 2015 – Osinbajo

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Vice-President Yemi Osinbajo has said that the massive looting of the nation’s resources by the immediate past administration of President Goodluck Jonathan is responsible for the economic crunch the country is experiencing under the present administration.

He specifically said that before the 2015 elections, the government of Goodluck Jonathan, ostensibly doled out N100billion and $295million in cash within two weeks.

Speaking yesterday in Lagos at a ‘Greater Nigeria Pastors Conference’ organised by Rev. Yomi Kasali’s-led Berean Ministers Group, Osinbajo said the Nigerian system was deeply infested with corruption, adding that graft should be pointedly tackled at all levels of institution.

According to him, the Muhammadu Buhari-led administration decided to borrow to fund the budget because the nation’s earning had dropped and millions of Naira are still unaccounted for in the last administration.

He said: “The theft of resources in this country is the first and primary reason for our poverty.

“That is why we have to address the issue of corruption pointedly, not once in a while because the system is corrupt; it is a corrupted system that we are running. This is not a system where corruption is just an exception, corruption is generally the rule in the Nigerian system.

“It is easy to say how come we don’t have money or why are we borrowing money? If you as an individual have N1million and somebody stole N900,000 from it, you won’t ask the question how come I am poor? You will immediately tie the theft of your money to your poverty.

“When we came in, we had a foreign reserve of $32 billion, but there was $15billion used for defence contract that was unaccounted for.

“Weeks before the 2015 elections, the government then, gave out N100billion in cash and $295million in cash ostensibly for security within two weeks. Those are the reasons why we don’t have money.”

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21 Comments

21 Comments

  1. Onyekachi Thony

    October 29, 2017 at 6:47 am

    Osibajo u don dey change like your father Bubu u bin Nice man before why na. U want to turn like father like son there is Godoooo do your work stop blaming past government they failed and go so do u want to be like them come on Nigeria is finished.

  2. Okeychukwu Ezike

    October 29, 2017 at 5:57 am

    Confused people idiots

  3. Uche Okwuoha

    October 29, 2017 at 4:56 am

    Close ur evil mouth

  4. Tony Oyeh

    October 29, 2017 at 4:37 am

    Diversions diversions. Only an idiot will waste his/her time voting in Nigeria. This guys children are even worst if elected.

  5. Alvin Mccorvey

    October 29, 2017 at 2:39 am

    Aman

  6. Ndah Philip

    October 28, 2017 at 11:53 pm

    So what will you do…APC and Buhari are more frustrated than ever.

  7. Wisdom Ogboi Ojei

    October 28, 2017 at 11:01 pm

    Thank God for using doctor momoh to save me from deadly hepatitis b virus with herbal medicine for more like ulcer, cancer,athsma call him on +2349065092740

  8. Kalu Ikedieze Smith

    October 28, 2017 at 10:34 pm

    U are just a house rat to buhari, just shut up ur mouth. U don’t know what u are saying…..

  9. Christopher Ochini

    October 28, 2017 at 9:14 pm

    Yes

  10. Ambrose Onwuasobi

    October 28, 2017 at 8:43 pm

    Lord have mercy, Like teacher like student ,Carbon copy, No difference and Italians call picobelo.Buhari na you get this cup of lying.

  11. Enukaora-nwobi Bernard

    October 28, 2017 at 7:33 pm

    Everything Jonathan,stop this blame game

  12. Okeke Obi

    October 28, 2017 at 7:25 pm

    Apc is frustrated

  13. Felix Okechukwu

    October 28, 2017 at 7:10 pm

    This man has ran out of idea and is mr clueless himself,even what is going in his own govt he has no clue.

  14. Solo KC

    October 28, 2017 at 6:29 pm

    jona will furck that ur urgly wife that looks kpofkpof one day third class mumu

  15. Don Martino

    October 28, 2017 at 6:19 pm

    Hehehehe just like you said $2bn has been doled out for 2nd Niger bridge Osibaba. I dey fear this your lieooooooooo

  16. Ernest Chukwuemeka EmmyGod

    October 28, 2017 at 6:18 pm

    Remember GEJ have done all this before you people started promising Nigeria to rebuild everything destroyed by GEJ. So why all this complain?

  17. Anthony Ikechukwu Enyi

    October 28, 2017 at 6:09 pm

    Focus on your campaign promises and forget Jonathan !

  18. Natty

    October 28, 2017 at 7:09 pm

    Please you people should stop using Jonathan matter to cover all the stealing you people are doing in Nigeria, enough of all this nonsense!!

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