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

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

Senate moves to establish commission for religious harmony
Headlines

BREAKING: Senate passes state police bill, empowers governors to appoint commissioners

June 24 2026
Katsina extends automatic jobs scheme to first-class graduates
Latest News

Katsina State denies sponsoring bandits for Hajj, demands evidence

June 24 2026
Oyo APC, Makinde trade words over Osun intervention
Headlines

BREAKING: Oyo govt declares 16-hour curfew in 10 LGAs

June 23 2026
Insecurity: Terrorists trooping southward into forests – Gov. Akeredolu raises alarm
Headlines

US releases identities of Nigerian terrorism financiers

June 23 2026
Police intercept truckload of military uniforms, drugs in Lagos
Headlines

Police intercept truckload of military uniforms, drugs in Lagos

June 23 2026
Senate passes bill to re-enact National Commission for Colleges of Education
Headlines

Senate adjourns emergency plenary on state police

June 23 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

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

Court grants indigenous status to Hausas born in Jos North

Court grants indigenous status to Hausas born in Jos North

by The Editor
June 11 2026
0

...

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

42-year-old Sheikh Dasuki emerges Chief Imam of Ilorin

by The Editor
June 11 2026
0

...

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

His Royal Majesty, Obi Ifechukwude Okonjo II: Progressive Monarch fighting for his people

by The Editor
June 4 2026
0

...

APPOINTMENTS

Tinubu appoints new NUC chairman

Tinubu appoints new NUC chairman

by The Editor
June 23 2026
0

...

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

UK Prime Minister picks ex-army officer Dan Jarvis as new defence ministe

by The Editor
June 11 2026
0

...

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

NCC appoints Princess Oforitsenere Emiko as interim Chairman of the Digital Bridge Institute Governing Board

by The Editor
June 9 2026
0

...

Pres. Tinubu swears in two new ministers

Pres. Tinubu swears in two new ministers

by The Editor
June 8 2026
0

...

ODDITIES

Lagos jails 13 for illegal waste disposal

Lagos jails 13 for illegal waste disposal

by The Editor
June 23 2026
0

Auto Draft

Bandits kill Katsina businessman after N5m ransom payment

by The Editor
June 17 2026
0

Air Force officers beat Lagos driver to death after minor crash

Air Force officers beat Lagos driver to death after minor crash

by The Editor
June 16 2026
0

GLOBAL NEWS

Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

by The Editor
June 23 2026
0

...

Keir Starmer announces resignation as UK Prime Minister

Keir Starmer announces resignation as UK Prime Minister

by The Editor
June 22 2026
0

...

Israel, Hezbollah agree to ceasefire

Israel, Hezbollah agree to ceasefire

by The Editor
June 19 2026
0

...

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

US bids goodbye to Air Force One as Trump’s Qatari jet awaits takeoff

by The Editor
June 19 2026
0

...

Fear heightens as deadline for migrants to leave South Africa looms

Fear heightens as deadline for migrants to leave South Africa looms

by The Editor
June 17 2026
0

...

State of the States

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

Sokoto mourns as three soldiers, two policemen die in IED explosion, ambush

by The Editor
June 23 2026
0

...

Katsina extends automatic jobs scheme to first-class graduates

Katsina extends automatic jobs scheme to first-class graduates

by The Editor
June 22 2026
0

...

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

Ekiti election: Police restrict movement on Saturday, exempt exam candidates

by The Editor
June 19 2026
0

...

Lagos shuts Iddo Bridge for repairs

Lagos shuts Iddo Bridge for repairs

by The Editor
June 17 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
ADC revises primary election timetable, nomination fees

Economy: Onanuga’s ‘no hunger’ comment shows Tinubu govt is out of touch — ADC

June 24 2026
Senate moves to establish commission for religious harmony

BREAKING: Senate passes state police bill, empowers governors to appoint commissioners

June 24 2026
Katsina extends automatic jobs scheme to first-class graduates

Katsina State denies sponsoring bandits for Hajj, demands evidence

June 24 2026
Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

Trump, Iran at odds over nuclear inspections, frozen assets in deal to end war

June 23 2026

EDITORIAL REVIEW

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

Single 6-year tenure, dangerous idea – Punch

by The Editor
June 23 2026
0

Terrorists kidnap Army Major General, wife in Katsina

Another General falls – Punch

by The Editor
June 22 2026
0

Constitution Review: NASS targets Dec 25 for 1st alterations

NASS jumbo pay under scrutiny, again – Punch

by The Editor
June 19 2026
0

Waste crisis in states – Punch

Waste crisis in states – Punch

by The Editor
June 17 2026
0

Party primaries of discontent – Punch

Party primaries of discontent – Punch

by The Editor
June 15 2026
0

Opinion

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Of bandits and their informants/sponsors

Of bandits and their informants/sponsors

by The Editor
June 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.