ROTIMI AMAECHI SAYS: EX-PRESIDENT OBASANJO HANDED OVER $65 BILLION BUT GOODLUCK JONATHAN LEFT NOTHING FOR PRESIDENT BUHARI
ROTIMI AMAECHI SAYS: EX-PRESIDENT OBASANJO
HANDED OVER $65 BILLION BUT GOODLUCK JONATHAN LEFT NOTHING FOR PRESIDENT BUHARI
Minister of Transportation, Rotimi Amaechi, has
said the $65billion left by former President, Olusagun Obasanjo, was “frittered
away” by successive governments.
Meanwhile
Amaechi said this while noting that despite the boom in crude oil, ex-President
Goodluck Jonathan’s administration left nothing for the current government.
Speaking
in Lagos, the former Rivers State Governor insisted that the wastage in the PDP
era was alarming.
According
to Amaechi, “When Obasanjo was leaving, he left about 65 billion dollars in the
Excess Crude Account, but this money was frittered away and we wonder where the
money is.
“As at
then, the price of crude oil during the president Goodluck Jonathan’s
administration hovered around 140 dollars with this, they did not leave
anything for the incoming government.
“With
that kind of money, we should be thinking of connecting Nigeria through rail
system. The rail between Ibadan to Kano would have been completed.
“Also
the rail gauge between Port Harcourt to Maiduguri and Lagos to Calabar, but all
the excess crude money was frittered away, we need to ask questions.’’