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

Alleged $49.8bn oil theft: Amaechi denies clandestine role in Sanusi’s letter to Jonathan

The Citizen by The Citizen
May 6 2016
in Latest News, Uncategorized
A A
0

Minister of Transportation, Mr Chibuike Amaechi, yesterday, denied media reports that he surreptitiously and clandestinely leaked a letter written by former Central Bank of Nigeria, CBN, governor and now Emir of Kano, Sanusi Muhammad II, to then President Goodluck Jonathan on the non-remittance of $49.8 billion from oil sale to the Federation Account.

Amaechi, in a statement by his media office, said: “To put the records straight, we want to categorically state that a concerned and patriotic Nigerian who felt sufficiently troubled with what was happening then, gave a copy of the Sanusi letter to Amaechi, in Amaechi’s capacity, at the time, as Chairman of Nigerian Governors’ Forum, NGF. Like Amaechi, we should appreciate that concerned Nigerian’s patriotism.

“When Amaechi got the letter, he spoke with Sanusi, who was still the CBN governor, to confirm the authenticity of the letter. Sanusi confirmed to Amaechi that he wrote the letter. During their conversation, Amaechi made it abundantly clear to the then CBN governor that the bleeding of the nation had to be stopped, all non-remitted funds remitted and that he (Amaechi) was going to use the letter to do whatever was in the best interest of the nation and Nigerians, which was the stoppage of the non-remittance and the recovery of all the non-remitted funds from oil sale. The CBN governor didn’t agree with Amaechi on the way forward.

“Considering that the letter was given to Amaechi as Chairman of the Governors’ Forum, he shared the letter with his colleague governors first, and with Senator Bukola Saraki (now Senate President), who before and around that period, was doing some work or/and investigation around the oil sector in the Senate.

“Around that period, a delegation from the United States of America government, from the offices of the Secretaries of State and Defence, visited Amaechi in Port Harcourt to discuss the issue of oil theft in Nigeria. From their records, they gave Amaechi figures of about $7 billion, annually, that was being lost to oil theft in Nigeria. They were discussing the issue and figures of oil theft, and that was how the CBN governor’s letter to President Jonathan came up.

“In the presence of journalists covering the visit, Amaechi brought out the Sanusi letter to the visiting American delegation to buttress the point that Nigeria was losing far more money to non-remittance of proceeds from oil sale into the Federation Account, which everyone seemed to concur, was in itself, another form and another dimension to the issue of oil theft.

“To suggest, infer or even extrapolate that Amaechi surreptitiously, clandestinely or underhandedly ‘leaked’ the CBN governor’s (Sanusi’s) letter is indeed most unfair, disrespectful and uncharitable to his person. Amaechi did what he did because he believed that the theft and corruption was just too much.

“He was propelled by his patriotic zeal to put Nigeria first, do what was in the best interest of the nation, and stop the bleeding of our collective resources by a few. The mind boggling corruption revelations in the recent past, that is still ongoing, clearly justifies and vindicates Amaechi’s stance on the issue and the actions he took. Faced with the same situation, under similar circumstances, Amaechi will not act differently. The good of Nigeria, putting the nation and Nigerians first, will always be his guiding principle.”

Previous Post

Benue rejects Fulani herdsmen, says state has no land for grazing

Next Post

Panama Papers names Adenuga, Niger State governor, Andy Uba, Gobir, 106 other Nigerians in offshore deals

Related Posts

Ebola: Reps demand immediate release of health emergency funds
Headlines

Ebola: Reps demand immediate release of health emergency funds

October 21 2026
Nigeria confirms first Ebola case
Headlines

Nigeria confirms first Ebola case

October 21 2026
APC clears Uduaghan, Amosun, Ajimobi, Shettima for senate
Headlines

Former Delta governor Uduaghan dies at 71

October 20 2026
Economy: ₦1m salary worthless without stable Naira – NLC
Headlines

FG, NLC clash over minimum wage talks

October 16 2026
Presidential poll: Legal battle begins Monday as tribunal hears petitions
Latest News

2027: You can’t campaign through surrogates – Atiku, Obi tell Tinubu

October 16 2026
Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure
Headlines

Tinubu orders rescue of kidnap victims, safe 2027 polls

October 16 2026
Next Post

Panama Papers names Adenuga, Niger State governor, Andy Uba, Gobir, 106 other Nigerians in offshore deals

Pres. Buhari reneges on assets pledge again, fails to release documents after CCB verification

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Ooni, Omisore mourn Afenifere leader Fasoranti

Ooni, Omisore mourn Afenifere leader Fasoranti

by The Editor
October 21 2026
0

...

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

APPOINTMENTS

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

ODDITIES

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

US engineer caught on camera poisoning colleague’s water bottle

US engineer caught on camera poisoning colleague’s water bottle

by The Editor
October 12 2026
0

Newly-wed pastor steps back from ministry after apologising over past affairs

Newly-wed pastor steps back from ministry after apologising over past affairs

by The Editor
October 6 2026
0

GLOBAL NEWS

Nigeria assesses risk as Ebola kills three in Guinea

Ebola: US issues health advisory to citizens in Nigeria

by The Editor
October 21 2026
0

...

Court finds Kenyan cult leader guilty over 191 starvation deaths

Court finds Kenyan cult leader guilty over 191 starvation deaths

by The Editor
October 20 2026
0

...

Nigeria: Pope Leo XIV urges release of abductees from terrorists’ den

Pope Leo’s lung surgery successful — Vatican

by The Editor
October 13 2026
0

...

Child Soldiers: US threatens to cut military aid to Nigeria

Child Soldiers: US threatens to cut military aid to Nigeria

by The Editor
October 13 2026
0

...

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

by The Editor
October 13 2026
0

...

State of the States

Gombe confirms cholera outbreak, treats 74 patients

Gombe confirms cholera outbreak, treats 74 patients

by The Editor
October 21 2026
0

...

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Imo Kidnap Suspects: IWA, COSEYL, IPOB claim vindication

Imo Kidnap Suspects: IWA, COSEYL, IPOB claim vindication

October 21 2026
Nigeria’s vote-buying scourge – Punch

Nigeria’s vote-buying scourge – Punch

October 21 2026
2027 Presidency: Makinde promises tax breaks, reaffirms claim on unremitted ₦250bn fund

2027 Presidency: Makinde promises tax breaks, reaffirms claim on unremitted ₦250bn fund

October 21 2026
Sowore seeks approval to inaugurate AAC campaign council in Aso Villa

Sowore seeks approval to inaugurate AAC campaign council in Aso Villa

October 21 2026

EDITORIAL REVIEW

Nigeria’s vote-buying scourge – Punch

Nigeria’s vote-buying scourge – Punch

by The Editor
October 21 2026
0

Perils of LG Electoral Commission – Punch

Yes, voters, not courts, must decide elections – Punch

by The Editor
October 20 2026
0

Tariff hike: Electricity workers lock out minister, issue 14-day ultimatum

Don’t involve civil servants in politics – Punch

by The Editor
October 16 2026
0

Kano, Sokoto, others spend N53.2bn on scholarships abroad

Kano, Borno spreading tyranny – Punch

by The Editor
October 13 2026
0

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

Opinion

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

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

© 2026 TheCitizen Ng. All Rights Reserved.

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

© 2026 TheCitizen Ng. All Rights Reserved.