How Nigerians’ 2015-2030 was stolen in 1999-2014 – Source

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Obasanjo and Jonathan: Successive Presidents of Nigeria when Nigeria was said to have been hugely looted.

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A trusted Nigerian (names withheld), who has continued to be partner of The DEFENDER in providing reliable information particularly towards the building of better Nigeria, has provided us a fresh statement by which he claimed was from a friend he named Michael Ogueke and the message has been made to trend on the social media.  We picked the statement titled, “Those who stole your 2015-2030 in 1999-2014 are the same thieves you are now romancing to come back!!!”, because it contains some elements of truths that are generally verifiable for the consumption our readers. The statement which sounds political in the preamble comes in form of questions even as it touches on some of the topics of discourse as Nigeria moves towards the general elections.  Excerpts:

For how long will you allow a few to steal your future and your children’s future and be giving you crumbs. Look at 1999–2015 everything we grew up to know were sold to themselves or the scrap sold for cash. Nigeria Airways and their houses in GRA Ikeja, what happened to them? When we were growing up most of the houses in GRA Ikeja were owned by the Nigeria Airways and all now sold to whom?

Nigeria RE. The biggest re insurance company in Africa who bought it?

NICON Insurance who bought it ?

NITEL was sold for peanuts and killed by them so that their investment in AiRTEL, MTN,GLO etc will yield dividends

NITEL House one of the tallest in Marina was sold cheap to former Speaker Bankole.

What is the Status of National Stadium Surulere? Millions was budgeted for refurbishment by the sports ministry and nothing to show. Compare that stadium to Lagos State owned Thunder Balogun stadium and the difference is clear .

Nigerian National Shipping line? Where are the ships? They disappeared between 1999-2015

NEPA after Obasanjo spent $16 billion, they broke down NEPA to several units and sold it to themselves and NEPA is still not efficient while Atiku’s Mikano Generators is powering Nigeria & her businesses!

Obasanjo/Atiku sold Port Harcourt Refinery to their cronies in 2007 and thank God, President Yar’ Adua reversed it.

All of these happened in the 16 disastrous locust years of the PDPigs! Recession didn’t just happen! They looted us into recession! I cannot stand and watch those who plundered the nation come back in 2019. I will choose an imperfect Buhari a hundred times over them because he is not a thief. Stop praising and voting for individuals who took your future away and stop them from coming back to steal your generation away . It is better you go though pain today so that your kids will enjoy a better Nigeria.

Nigeria has a population of 200million people we are told.

Our 2018 budget is 9 trillion Naira.

The Assets Management Corporation of Nigeria AMCON, the company that was set up to help the rich buy their debts, told us last month that, 350 Nigerians {out of 200million citizens} are responsible for 80% of AMCON’s N5.4 trillion debt portfolio.

May be you did not hear that well!

AMCON said only 350 Nigerians borrowed N5.4trillion from banks, which they could not pay and AMCON came in to buy up those debts in other to save the commercial banks from collapsing.

To put that in perspective;

2018 Capital Budget is N2.4 trillion

2018 Recurrent Budget is N3.4 trillion

Add both capital and recurrent votes and you will get N5.8 trillion.

But 350 Nigerians, out of 200 million of us borrowed that same amount, they refused to pay and government came round to buy the debts over through AMCON.

The corporation also pointed out that, out of the millions of BVN numbers with the banks, only 100 BVNs collect 60% of bank lendings.

And this has left the banks with 13,000 bad loans worth 5.6trillion borrowed by “big men” who are now fighting to remove this administration so that they wont ever pay their debts!

Now, when they go to recover from defaulters like they did with Silverbird for example, the same cheated ignorant commoners are the first to cry fowl.

Some of the companies owing include:

Seaworlf Nig Ltd – 160billion

Arik Air – 300billion

Tanzila Petroleum Ltd 49.2billion

Resort Int’l Ltd – 36.3billion

Home Trust Savings – 25.75billion

Suru worldwide ventures – 24.4billion

Roygate properties- 23.26 billion

Ziglagsis network Ltd – 20.33 billion

Lexcap partners – 18billion

Anyiam Osigwe Ltd – 17.25billion

Silverbird – 11 billion

Wokson International – 5 billion

From the figures above:

Arik alone is owing more than the 2018 Ministry of Transportation budget which is N263 billion.

Seaworlf Nig Ltd, is also owing more than the 2018 Ministry of Defence budget which is N145 billion.

It’s not rocket science to know why they want PMB out but our ignorant gullibility which is a product of our contrived emotions not our lack of education is exonerating, encouraging and emboldening them to make desperate attempts to come back to power! Enough of this madness brethren and sisthren!

May Nigeria Succeed!!!


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