TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Jonathan didn’t admit withholding $10bn from Federation Account –Presidency

The Citizen by The Citizen
March 26 2014
in Governance, Headlines, Uncategorized
A A
0
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

The Presidency on Tuesday denied media reports that President Goodluck Jonathan confirmed in Amsterdam that the Nigerian National Petroleum Corporation (NNPC) wrongly withheld $10bn from the Federation Account.

Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, in a statement, described the reports as “completely false and a total distortion” of the President’s comments during his meeting with the Nigerian community in the Netherlands.

Abati said at no time during the well-attended reception did Jonathan also confirm any irregularities in the NNPC.

The statement read, “Sensational reports in the media to that effect are reckless, mischievous and unprofessional misrepresentations of the President’s restatement to the Nigerian community of the Federal Government’s position on the allegation that $20bn is ‘missing’ from the NNPC or the Federation Account, by reporters who were not at the event or even in Holland at all.

“President Jonathan’s verifiable words while responding to questions from members of the community on the allegation and other domestic issues were clear and unambiguous.

“After asserting that allegation that various sums – $49.8bn, $12bn or $20bn – were missing are inconsistent and lacked credence, the President’s exact words were as follows: ‘As at that time, the Finance Ministry was saying they had not been able to reconcile only 10 billion dollars. There are issues in NNPC but we are on it.’

“President Jonathan went on to say that to reassure Nigerians of  his administration’s continued commitment to openness, transparency and probity in the aftermath of the unsubstantiated allegations, the Federal Government had authorised a professional forensic audit of NNPC accounts to clear the air.

“The Presidency deplores the mischievous and unethical distortion of his comments in the media today.

“Once again, we urge the media to show greater regard for truth and accuracy when reporting on the President.”

Share9Tweet6
Previous Post

Police didn’t receive N19.7bn from Sanusi, IG tells Reps

Next Post

Senate screens Emefiele, Bulkachuwa on live TV today

Related Posts

Is the worst over in Nigeria? – Punch
Governance

Why Pres. Tinubu sacked service chiefs — Presidency

October 25 2025
Constitution Review: NASS targets Dec 25 for 1st alterations
Headlines

National Assembly reviews 55 proposals for new states

October 25 2025
Tinubu appoints Danjuma Ismaila as NCAT Rector/CEO
Headlines

BREAKING: Tinubu appoints new service chiefs, Oluyede becomes Defence Chief

October 24 2025
Gov. Mbah to chair NEC committee on overhaul of security training institutions
Governance

Gov. Mbah to chair NEC committee on overhaul of security training institutions

October 24 2025
Boko Haram drone attacks shock Borno governor
Headlines

Boko Haram drone attacks shock Borno governor

October 24 2025
FG opens applications for Jubilee Fellowship to create 20,000 jobs
Headlines

FG launches nationwide crackdown on oil, gold smugglers

October 24 2025
Next Post

Senate screens Emefiele, Bulkachuwa on live TV today

FG to liaise with labour union on sale of refineries - BPE

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Oil production: Kogi State demands 13% derivation fund

Kogi fixes October 17, 2026 for LG poll

by The Editor
October 23 2025
0

...

ALGON orders Edo council officials to wear Tinubu’s signature caps

ALGON orders Edo council officials to wear Tinubu’s signature caps

by The Editor
October 18 2025
0

...

Olubadan unveils legal committee to tackle land grabbing

Olubadan unveils legal committee to tackle land grabbing

by The Editor
October 15 2025
0

...

Birnin Gwari needs urgent federal intervention – Emir tells Tinubu

Birnin Gwari needs urgent federal intervention – Emir tells Tinubu

by The Editor
October 13 2025
0

...

APPOINTMENTS

Katsina governor reshuffles state cabinet

Katsina governor reshuffles state cabinet

by The Editor
October 25 2025
0

...

Tinubu seeks Omidiran, 28 others’ confirmation as FCC members

Tinubu seeks Omidiran, 28 others’ confirmation as FCC members

by The Editor
October 15 2025
0

...

Okpebholo swears in 19 commissioners, warns against corruption

Okpebholo swears in 19 commissioners, warns against corruption

by The Editor
October 15 2025
0

...

Fubara drops Danagogo, appoints Anabraba as Rivers SSG

Fubara drops Danagogo, appoints Anabraba as Rivers SSG

by The Editor
October 13 2025
0

...

ODDITIES

Kano Court orders Hisbah to marry off TikTokers over ‘indecent’ videos

Kano Court orders Hisbah to marry off TikTokers over ‘indecent’ videos

by The Editor
October 20 2025
0

Teenager plucks sister’s eyes for ritual in Bauchi

Teenager plucks sister’s eyes for ritual in Bauchi

by The Editor
October 20 2025
0

Lagos to probe school over alleged sodomy

Father impregnates 15-year-old daughter in Ondo

by The Editor
October 17 2025
0

GLOBAL NEWS

US seeks quick deployment of international force in Gaza

US seeks quick deployment of international force in Gaza

by The Editor
October 25 2025
0

...

Tinubu congratulates Japan’s first female PM Sanae Takaichi

Tinubu congratulates Japan’s first female PM Sanae Takaichi

by The Editor
October 24 2025
0

...

US govt justifies sending migrants to South Sudan

Trump heads to Asia, eyes major trade, peace deals

by The Editor
October 23 2025
0

...

Madagascar coup leader appoints businessman as new prime minister

Madagascar coup leader appoints businessman as new prime minister

by The Editor
October 20 2025
0

...

Madagascar’s military leader swears in as president

Madagascar’s military leader swears in as president

by The Editor
October 18 2025
0

...

State of the States

Niger governor donates N1m each to families of tanker explosion victims

Niger governor donates N1m each to families of tanker explosion victims

by The Editor
October 24 2025
0

...

Oyo denies introduction of entertainment tax on social events

Oyo denies introduction of entertainment tax on social events

by The Editor
October 23 2025
0

...

Okpebholo swears in 19 commissioners, warns against corruption

Okpebholo slams Obaseki’s refusal to swear in Edo judges

by The Editor
October 23 2025
0

...

Cross River APC endorses Otu, deputy for 2027 election

Cross River govt shuts 36 illegal schools

by The Editor
October 23 2025
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
US seeks quick deployment of international force in Gaza

US seeks quick deployment of international force in Gaza

October 25 2025
INEC unveils AI-powered virtual assistant

INEC unveils AI-powered virtual assistant

October 25 2025
Catholic Priests now soft targets for kidnappers – Seminarians lament

Catholic Priests now soft targets for kidnappers – Seminarians lament

October 25 2025
Ihezuo, Okoronkwo goals earn Super Falcons win over Benin Republic

Ihezuo, Okoronkwo goals earn Super Falcons win over Benin Republic

October 25 2025

EDITORIAL REVIEW

Trivialising the prerogative of mercy – Punch

Trivialising the prerogative of mercy – Punch

by The Editor
October 24 2025
0

Beyond words: Nigeria needs a new plan against terror – Guardian

Beyond words: Nigeria needs a new plan against terror – Guardian

by The Editor
October 23 2025
0

Kwara govt plans mass burial for unclaimed corpses

Curbing the expansion of terrorism into Kwara – Punch

by The Editor
October 23 2025
0

Invest in vocational, technical education – Punch

Invest in vocational, technical education – Punch

by The Editor
October 20 2025
0

End female genital mutilation – Punch

End female genital mutilation – Punch

by The Editor
October 17 2025
0

Opinion

Dear Senator Tinubu, Buhari has thrashed us all!

If a coup happens in Nigeria, who will fight for democracy?

by The Editor
October 23 2025
0

...

Tinubu finds his own demons

Next time, Umahi should go to NTA

by The Editor
October 16 2025
0

...

Objections over presidential pardon for grave offenders

Objections over presidential pardon for grave offenders

by The Editor
October 13 2025
0

...

1975 public service purge: What have we learnt?

1975 public service purge: What have we learnt?

by The Editor
September 30 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.