Presidents Yar’Adua and Jonathan Squandered N10.6trn

Former Vice President (Africa) at the World Bank and Minister under former President Olusegun Obasanjo’s administration, Dr. Oby Ezekwesili, yesterday said that both the late President Umaru Yar’Adua and his successor, Goodluck Jonathan’s regimes ‘’squandered’’ $67 billion (about N11 trillion) oil money left in two separate accounts by Obasanjo.

Ezekwesili said that the two administrations squandered $45 billion (N7.065 trillion) left in the Foreign Reserve and another $22 billion (about N3.454 trillion) left in the Excess Crude Account, bringing the total amount of money squandered to about $67 billion or N10.619 trillion.

An Open Letter To President Goodluck, EFCC and a Wakeup Call to All Nigerians

Dear Mr. President Goodluck Ebele Jonathan, with all due respect sir, I bring New Year greetings to you. Before I continue, I would like to make it clear here that I am one of the many Nigerians who cherished you from the onset, even before you became an acting president during late president Yaradua’s ailment, and I still believe in you even in midst of the present economic and security challenges in the country, of which I equally believe that you are working hard to change for better.

Mr. President sir, you are the first person I willingly came out to cast my vote for during a presidential election since I was born, and it is not because you are from the minority south-south region, and neither is it because you bear an Igbo name, but I voluntarily voted for you because I believed that you are a God sent man to this nation, please don’t fail Nigeria and Nigerians who gave you their mandate with trust.