The emir made the revelation during a program titled “How a cancer of corruption steals Nigerian oil, weapons and lives,” aired on The PBS NewsHour, an American daily evening television show with over 4 million viewers. The monarch said, “In Nigeria, there is no accountability at all and that is why I think Nigeria’s corruption is worse than corruption in most parts of the world. It is the worst type of corruption. It’s stealing.
Frankly, I think a billion dollars under Jonathan a month was about what we were losing. During Alison-Madueke’s tenure as petroleum minister, people, who themselves don’t have any kind of operating background, paid as low as $50m for access to crude oil blocs valued at over $2bn. They just take the crude oil, ship it out and don’t return the money and there is no trace of where the money has gone.
Someone gets a contract to lift crude from the terminals to the refineries and in between, that crude is stolen; it is stolen on the high sea. If Alison-Madueke if found guilty by a UK court and is jailed for example, it sends a signal; I think that there is a day of reckoning.” The US television show quoted U.S and UK authorities as saying that Alison-Madueke might have personally overseen the stealing of $6bn.
The PBS NewsHour said it had in its possession a letter written by the embattled former National Security Adviser, Col. Sambo Dasuki (retd.), and addressed to the CBN, requesting $47m. The letter, which was written on the letterhead of the Office of the NSA, titled ‘Request of Funds for Special Services’ with reference number, NSA/366S, was dated November, 2014. The money was given to the ONSA in cash and was conveyed in armored vehicles at midnight.
In a second document on the letterhead of the NNPC and addressed to the Director, Banking and Payments of the CBN, the CBN was asked to give the National Intelligence Agency, which was under the leadership of Dasuki, $289,202,382. This was despite the fact that the NIA’s budget was only $160m for the year.
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