nPDP Asks FG To Account For Missing $5b From Excess Crude Account

 
The New Peoples Democratic Party (nPDP) has challenged the Federal Government to account for the $5 billion which according to reports allegedly disappeared from the nation’s Excess Crude Account (ECA).

The party threw the challenge after a careful study of the disclosure made by the Chairman, Nigeria Governors’ Forum (NGF), Rt. Hon. Chibuike Rotimi Amaechi, while declaring open the second annual retreat of the NGF on 15th November, 2013 in Sokoto.

According to Governor Amaechi, the Excess Crude Account stood at $9 billion last January but has shrunk to only $4 billion as at today.

The factional PDP in a statement in Abuja, Sunday, November 17, 2013 to NF-Reports by its National Publicist, Eze Chukwuemeka Eze considered the development too weighty to be swept under the carpet.

“We consider this development too weighty to be swept under the carpet in view of the stature of the person making the allegation and the realities on ground. For all intents and purposes, Gov. Amaechi is not a frivolous person and is not known for making frivolous claims. We told Nigerians about the poor handling of our common patrimony by this administration and sadly nobody took us seriously as today, the unmistakable evidence is that Nigeria is broke as the Federal Government now finds it difficult to meet its obligations to states, local governments and contractors” the statement noted. 

The group commended the NGF Chairman for bringing the matter to the open and hereby challenges the Federal Government to come to tell Nigerians what it did with the money.

The splinter PDP challenged the anti-graft agencies to prove their relevance by unearthing the whereabouts of the huge sum of money.

While congratulating the NGF for a successful retreat, the faction said it fully support the NGF call for transparency in the operations of the Nigerian National Petroleum Corporation (NNPC) and the need to develop a National Security Framework for the country.

“That this administration is running for a price award as the most corrupt administration in the annals of governance in Nigeria is not in doubt but we urge Nigerians to heed the advice of the NGF and stop being docile in the face of monumental impunity in the country. This, in reality, is the only way to rescue Nigeria from the path of doom” the statement concluded.

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

6 Comments

  1. The same EFCC will look into ur financial dealings in your respective state and the 5million dollars

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  2. Amechi is very stupid, is he d chairman governors forum? I tot he has gotten a new party APC. W@ is he still doing in PDP. Pls d dey should tell d@ mad man called amechi to go av his head examined. W@ is himself doing in R/S. EFCC will follow him cos of d stupid mono-rail he is doin in R/S. Thief d@ w@ he is

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  3. Anonymous 8:07am,u are an ignorant,must u comment if u don't understand issues been discussed,even if Amechi decamped to APC does dat mean he is no more chairman of NGF does it has to do wit party.Now GEJ shud respond to dis allegations of missing of 5 billion dollars instead of chasing shadows of sending EFCC after opposing governors.I haf never seen an obvious way of looting treasures like dis in d history of Nigeria.Tell GEJ immunity will be over 4 him after 2015

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  4. N2.6trillion, $5billion, N255million. Is dis govt a legitimate one, pls some one shud tell me who is responsible 4 dis crimes, he is more dangerous than Hitler.

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  5. Mr. President respond otherwise the allegation is true. Anyway I didn't blame Mr. President but the so called Imams, Pastors and Co that collected bribe to allow this militant to rule us. May our soul rest in peace

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  6. $5billion is not N5000.if the said missing money is to be shared to the 170million nigerians everyone of us would take home nothing less than N4,600.why has the presidency refused to respond to this allegation two to three days after it was made public by gov Amaechi?could it been that it is true that the money has been looted?we are waiting to hear from the two presidential media aides Mr Abati and Gulak.why i mentioned gulak is because he also act as media aide now not political adviser.
    B.K. 4rm Bauchi

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