$5b Missing From Federal Accounts...Rotimi Amaechi

The Chairman, Nigeria Governors’ Forum (NGF), Rotimi Amaechi, has raised an alarm over the missing of a whopping $5billion from the nation’s Excess Crude Account (ECA .

He spoke while declaring the second annual retreat of the state chief executives open.

The River State governor said the Excess Crude Account stood at $9billion last January only to shrink to only $4billion today.

“That account belongs to Federal, States and Local Governments. Today it is $4billion. We don’t know who took $5billion,” he said.

President Goodluck Jonathan, who was billed to deliver the key note address at the retreat, was absent.

He did not send any representative.

Also absent were members of the Jang -led faction of the forum, which enjoys the backing of the Presidency.

Amaechi said it was convenient for the anti-graft agencies to look the other way now on the matter because of the apparent involvement of the Federal Government whereas the same agencies, according to him, would have waded in if any of the state or local governments were involved in a similar financial irregularity.

He said the agencies are being used for political vendetta against opponents of the federal authorities.
His words: “Today the EFCC is either in Jigawa or in Kano because they disagree with the President. What about NNPC? What about the Ministry of Niger Delta and the Ministry of Works?

“The whole governors put together we receive 26 per cent from the revenue of the Federation. The Federal Government gets 52 per cent. And with that 52 per cent, nobody goes after the Federal Government to say ‘how did you spend it’?

“And then you go after those who got 26 per cent. Even if you recover all the 26 per cent, what have you benefitted from it as against those who have stolen 52 per cent?”

He asked the followership to begin to demand accountability from the leadership otherwise entrenching democracy in the country would remain a mirage.

CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

18 Comments

  1. Mr,jonathan the anti corruption president where is our $5bn?

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  2. Amaechi just shut up where ever you are,when the going was good did you raise any alarm,big fool

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  3. Amaechi u are just full of trouble like a woman. Be careful with life cos those u call ur friend will leave u at T junction. When u had a romance with d president we didn't get to hear anything infact he was d best. Be warned.

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    1. When will people like u lean in this country have u forgotten that we can önly get the uthentic information from the so called paggrieved looters to me we need appeal to these people in power that the money doesn't belong to them they should utilise for the sustainability of this nation.

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  4. This Ameachi's mental condition is geting worse as the day goes....

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  5. U anti Amechi are all fools n enemy of dis nation,an important issue is been raise here n u are still abusing n causing dis brave man saying d truth,haf always say it dat we haf a militant n a criminal as a president n his wife,am so sure he will end up in prison either after his tenure or b4,NASS rise up to ur responsibility,u haf to check dis executive arm of government

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  6. Our dear Governor I hope you have considered that the excess crude account was being used to augement short fall in the revenue shared monthly between the 3 tiers of government. It is wise you first discuss with your Finance commissioner before raising false alarm.

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    1. Good comment, shows u are well-informed!

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  7. My people perish for lack of knowledge/understanding. I can assure you that some idiot has made up their mind to perish with the "blood thirsty militant president" that we have.

    A great kudos to Amaechi and his team for feeding us with those facts that would have being naturally kept away from the consumption of the general public.

    As I always say 'Amaechi and the G7 might not be 100% faithful, but for now, they have the masses in mind'.

    It is only light that can expose darkness. If Amaechi is that corrupt, I trust d Militant president, he would have exposed him for a very long time. By the time you get to the bottom of this, I swear, there will be element of truth.

    If not for Amaechi and co, we would be in complete darkness.

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  8. Yes o Anonymous 8:47am,u are saying d truth,it is not dat there are will be element of truth in it,it is d truth cause dis is an executive governor of a state dat has access to dis information,d presidency shud come out clear ground 4 us on dis,d other time Lamido expose him of not going after one of his minister who was reported to him 4 stealing money he used d EFCC to arreast his two sons

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  9. Amaechi is the LIGHT, GEJ is the DARKNESS.
    GEJ and his fellow idiots/fools. You will never be happy for the truth and the first-hand information we getting from the anti-robbery group.
    Why won't you call a spade, a spade and forget about someone is attacking your USELESS BROTHER?
    Know this today "if Amaechi is having any skeleton in his cupboard, no matter how small it is, he would have been trapped with EFCC"

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  10. If Ameachi was corrupt,EFCC must have gotten him by now.....D guy is on point.....All d G-7 Governors are better than GEJ....All u tribalistic and sentimental contributors...See sense in wat Ameachi is saying.

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  11. You should all know what you are saying remember everybody will account for his did. I think if somebody is been accused of an offence he should strive to depend and protect his reputation keeping mute is an indication of something. If you can recall Mr. President had voiced against Lamido's allegations why not on this matter

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  12. U guys ar forgeting dat all dis leaders ar operatin under d highest level of impunity if nt so,amaechi would have been cooling off in d EFCC nets

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    Replies
    1. For ur information immunity protects sitting governors. EFCC can't go after them until they leave office.

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  13. Almighty God would show us d truth among those leaders

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  14. May God help Niger.all we need 2 knw is dat any nation wher a righteous rules,d pple wil rjoice.therefor lets join hands 2gether n pray 4 our nation.Jesus is d only way.all of u dat r talkin 2morow wen u c urself at d top,without Jesus Christ in u,u might even b worst than dis men.Jesus is d solution to all our prblms in dis country

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  15. Point of correction Jesus is not God no where in the Bible was this mentioned. He is a prophet. Only God that send him can save us from all this calamity

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