Tuesday, January 22, 2013

In Nigeria, Where Looting is a Policy of Government

by Eze Eluchie




When will these characters ruling over our contraption begin to feel some shame?

Nigeria, with daily crude oil production of over 2.5 million barrels/day (at current rate of U.S.$95/barrel) grosses approximately US$237.5 Million/day. 1.662 Billion/week, or US$ 86.450 Billion/annum.

And we are being told that we will borrow US$1.5 Billion for 'subsidy or whatsoever?

Whatever stories they have to tell, it just does not add up!

Pertinent questions include: Who grants these illegitimate loans when they have not been authorized by the Nigerian National Legislative Houses? Do the lenders realize that these ‘loans’ (if the funds contained therein are ever handed over) are illegal and illegitimate?

Government owned oil refineries have been sabotaged beyond redemption! Refineries built by natives are destroyed with impunity by insecurity forces! Past rulers of the contraption own Refineries abroad which in turn sell refined crude products to Nigerians!


When the purported Billion dollar loan is added to the recent disappearance of over US$13 Million (in Nigerian currency) from the national mint (where the national currency is printed) and the sundry other mega-million $ fraud cases which has become the norm with the Goodluck Jonathan-Namadi Sambo administration, it becomes apparent that these characters will not relent until the contraption is sucked dry.

The following persons automatically qualify for Nigeria’s highest medal of national dishonor, the GCFR: Grand Criminal of the Federal Republic-
1. Goodluck Jonathan – the president. Oops, he already has one. Well, we’ll award him a second.
2. Namadi Sambo, deputy to Jonathan
3. The Mercurial Finance Minister
4. The Central Banker of the Millennium, Sanusi.
5. The Minister for Petroleum, Deziani Allison Madueke, and
6. The several other officials who partake in these wholescale scam will be considered for any of the lesser medals of dishonor.

In addition, it will surely be worthwhile to dust the books of the International Criminal Court to explore the possibility of charging some of these people with Crimes Against Humanity!

http://www.punchng.com/news/nnpc-borrows-1-5bn-to-pay-debt-report/





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