Laments Nigeria squandered
$3trn oil money in 56years
PRESIDENT Muhammadu Buhari has been advised not to handle the
current economic recession in the country with kid gloves as it may result into
revolution by Nigerians against their political leaders both present and past,
if a lasting solution is found to end the downturn on time. Senator Shehu Sani
(APC Kaduna Central), who gave the advice in an interview with journalists
during the weekend to mark the 56th Independence Anniversary of Nigeria in his
office, lamented that the country squandered over $3trillion oil money within
the last 56years. He therefore called for extension of corruption war to all
the previous administrations, including when President Buhari was the military
Head of State so as to get enough money to pump into the economy to solve the
current economic recession. According to him, the recession may end up to be
the ignition depressed Nigerians have been waiting for over the years to fight
their leaders for giving to them nothing but bad governance over the decades,
which according to him, culminated in squandering of over $3trillion oil monies
within the last 56 years by successive governments. He posited that one of the
ways of fighting the recession was for the President Muhammadu Buhari led
administration to enlarge the scope of its anti corruption war beyond the
Jonathan’s administration to others before it with the sole purpose of
recovering the Nation’s monies and resources stolen by corrupt minded past
administrators. “We are in recession, but the recession must be tackled
headlong by the federal government and all stakeholders in the polity towards
getting out of it very quickly or else, it may lead to revolution, more so,
going by what the Nigerians masses have been facing over the decades as far as
governance was concerned, the totality of which was bad governance
characterised by unbridled greed and massive corruption by over 90% of the
administrators whether elected or appointed. “The 2015 election supposed to
have ushered us to a new hope of unity and progress for our country. But I
think, there are a lot of mistakes that have been made in the last one year,
one of the correction is the need for us to look forward in terms of bringing
our people to the promise land and not look backward on crises we faced in the
past. “In 1999 Nigerians were full of expectations, that this time around we
get things right as democracy build a new foundation under freedom and
constitutional rules and a new country but 16 years from 1999, we have a
history of rape, panic destruction, violence and hopelessness. The political ruling
elite in Nigeria think power is an opportunity to butcher the resources of the
state, see power as opportunity to dominate other Nigerians and to protect
their class interest. “If we don’t succeed this time around, the nation will be
heading to revolution, because what Nigerians have done in 2015 by voting for
change is to see it happening very positively and it must be delivered, and if
not delivered, revolution cannot be ruled out with Nigerians trooping out en
masse on the streets to challenge their leaders and saying no to their
sufferings, enough is enough! “Over the last 56 years, Nigeria has earned over
3trillion US dollars from crude oil sales but there is hardly 25 per cent of
that fund issued to show for the achievement of that large kind of money”, he
stressed.
Senator Sani who is the Chairman, Senate Committee on Local and Foreign Debts, stated further that catching both new and old thieves in the current war against corruption would help in not only getting money to reinflate the economy but rekindling the failing hope of the masses in their country. His words: “The fight again corruption as it is now is about recovery and arrest, if the Government says the money recovered under Jonathan is not enough to service the economy, then, we should move to Yar’dua and Obasanjo administrations too, move to Abdulsalami, Abacha, Babangida, Buhari himself as a military ruler then, and to Shehu Shagari of the second republic. “We must go after the old thieves irrespective of the political parties they belonged to now as the government is going after the most recent ones. For example, there was a senate committee that probed the independent power project, where it was said that over $16 Billion was looted and we have not seen anything done to the revelation made by the former CBN governor now Emir of Kano, Sanusi Lamido Sanusi over the alleged $20 billion missing from the NNPC account under Jonathan etc”.
Senator Sani who is the Chairman, Senate Committee on Local and Foreign Debts, stated further that catching both new and old thieves in the current war against corruption would help in not only getting money to reinflate the economy but rekindling the failing hope of the masses in their country. His words: “The fight again corruption as it is now is about recovery and arrest, if the Government says the money recovered under Jonathan is not enough to service the economy, then, we should move to Yar’dua and Obasanjo administrations too, move to Abdulsalami, Abacha, Babangida, Buhari himself as a military ruler then, and to Shehu Shagari of the second republic. “We must go after the old thieves irrespective of the political parties they belonged to now as the government is going after the most recent ones. For example, there was a senate committee that probed the independent power project, where it was said that over $16 Billion was looted and we have not seen anything done to the revelation made by the former CBN governor now Emir of Kano, Sanusi Lamido Sanusi over the alleged $20 billion missing from the NNPC account under Jonathan etc”.

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