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

FG can’t account for $14.6bn oil money – Aregbesola

The Citizen by The Citizen
January 10 2015
in Financial Crimes, Headlines, Uncategorized
A A
0

Vice Presidential candidate of the All Progressives Congress, Prof. Yemi Osinbajo, on Friday led a campaign rally in Akure tagged Walk for Change, but it was Governor Rauf Argbesola of Osun State who stole the show when he accused the Goodluck Jonathan-led government of failing to account for $14.6billion oil proceeds between July 2013 and July 2014.

The rally, which was organised by the Buhari-Osinbajo Campaign Organisation, was meant to sensitise Akure residents ahead of next month’s general elections.

Speaking at the rally, Aregbesola said the Federal Government had displayed incompetence in handling the funds that accrued to the country from oil exploration.

Aregbesola said the excuse of crude oil theft was assailable because President Jonathan as Commander in Chief of the armed forces had the requisite security apparatus to stop the stealing of crude oil.

“$40m worth of crude oil is being stolen everyday amounting to $14.6bn since 2013 even when the contract to protect the oil pipelines has been given to ex-militant, Tompolo,” he said.

The governor told the APC members who thronged the venue that the fund that had been stolen in the last one year was enough to pay allocation of all the states of the federation for four years.

He said, “The amount that has been stolen in the last one year is N2.2 trillion when converted to the Naira, the money is enough to bring development to the states of the federation who are groaning under shortage of allocation to states.”

He said the crude oil the federal government claimed was stolen, resulting in the shortage of allocation, was not actually lost but stolen by cronies of the Peoples Democratic Party-led federal government.

Aregbesola said Nigerians must vote for change so that public funds going into private pockets would be distributed to all Nigerians for development purposes.

Osinbajo in his remarks promised that the elderly and the poor would earn incomes when his party ascends the Presidency.

“There are many people who do not know yet that we have the first social security scheme in Africa that the elderly who are poor and the very poor, will begin to earn a monthly income,” he said.

Osinbajo said the Osun State of school feeding would be adopted for all school children, and adequate security of lives would be guaranteed.

The Chairman of the party in Ondo State, Isaac Kekemeke, expressed his delight with the large turnout and noted that the people of the state were ready to vote for Buhari in the next month general election.

He promised to deliver all the three senatorial seats, nine House of Representatives seats and 26 house of assembly seats to the party.

Among the leaders of the party in the walk included speaker of the Osun state House of Assembly, Najeem Salam, Hon Dada Eminence, Dr Tunji Abayomi, Dr Benson Enikuomehin, Chief Tayo Alasoadura and Fola Olaseinde among others. Agency report

Previous Post

UPN will work for Jonathan’s re-election -Fasehun

Next Post

France massacre: Police kill two suspects

Related Posts

Terrorists responsible for Oyo kidnapping, says DHQ
Headlines

Police deny rescue of abducted Oyo students, teachers

May 22 2026
Tinubu denies Christian, Muslim genocide in Nigeria
Headlines

Pres. Tinubu denies plans to rename Nigeria, abolish Sharia law

May 22 2026
NDLEA launches radio station, warns against pop culture glorifying drug abuse
Financial Crimes

NDLEA launches radio station, warns against pop culture glorifying drug abuse

May 21 2026
FG budgets N135bn for 2027 election lawsuits
Headlines

Tinubu denies plans to rename Nigeria, abolish Sharia law

May 21 2026
91 groups seek INEC registration as coalition talks gather steam
Headlines

Court vacates INEC deadline for primaries, nomination of candidates

May 21 2026
Rivers State: I have no links to militants, says Fubara
Headlines

BREAKING: Fubara withdraws from Rivers APC governorship primary

May 20 2026
Next Post

France massacre: Police kill two suspects

Kano okays N17m for JAMB forms

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Alaafin urges FG to strengthen native intelligence after Oyo school attacks

Alaafin urges FG to strengthen native intelligence after Oyo school attacks

by The Editor
May 17 2026
0

...

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

by The Editor
May 12 2026
0

...

Ebonyi State lifts 3-month curfew after bloody boundary crisis

Ebonyi State lifts 3-month curfew after bloody boundary crisis

by The Editor
May 5 2026
0

...

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

by The Editor
April 30 2026
0

...

APPOINTMENTS

Elumelu joins Seplat board after $496m share acquisition

Elumelu joins Seplat board after $496m share acquisition

by The Editor
May 21 2026
0

...

Tinubu appoints 39-year-old Prof as new JAMB registrar

Tinubu appoints 39-year-old Prof as new JAMB registrar

by The Editor
May 21 2026
0

...

Soludo reshuffles power structure, swears in 18 Commissioners

Soludo reshuffles power structure, swears in 18 Commissioners

by The Editor
May 18 2026
0

...

Tinubu creates Homeland Security adviser role, appoints ex-army general

Tinubu creates Homeland Security adviser role, appoints ex-army general

by The Editor
May 11 2026
0

...

ODDITIES

Hoodlums kill Imo nursing student

Hoodlums kill Imo nursing student

by The Editor
May 22 2026
0

Police arrest officer for threating to kill anyone recording him on duty

Police arrest officer for threating to kill anyone recording him on duty

by The Editor
May 21 2026
0

Hoodlums rape Lagos sexagenarian to death

Hoodlums rape Lagos sexagenarian to death

by The Editor
May 18 2026
0

GLOBAL NEWS

Sierra Leone welcomes first US deportation flight under Trump crackdown

Sierra Leone welcomes first US deportation flight under Trump crackdown

by The Editor
May 22 2026
0

...

Tinubu to launch AU combined maritime task force for Gulf of Guinea

Tinubu to launch AU combined maritime task force for Gulf of Guinea

by The Editor
May 21 2026
0

...

WHO declares global health emergency over Ebola outbreak in Congo, Uganda

WHO declares global health emergency over Ebola outbreak in Congo, Uganda

by The Editor
May 18 2026
0

...

Trump to visit China for high-stakes talks with Xi Jinping

Trump to visit China for high-stakes talks with Xi Jinping

by The Editor
May 12 2026
0

...

Macron in fresh push to rebuild France-Africa partnership

Macron in fresh push to rebuild France-Africa partnership

by The Editor
May 12 2026
0

...

State of the States

Benue governor secures return ticket

Benue governor secures return ticket

by The Editor
May 22 2026
0

...

Lagos restricts access to magistrate courts, denies ban on sureties

Lagos restricts access to magistrate courts, denies ban on sureties

by The Editor
May 22 2026
0

...

Kano closes schools for Eid-el-Kabir

Kano closes schools for Eid-el-Kabir

by The Editor
May 20 2026
0

...

Insecurity: I can end banditry in two months, says Zamfara governor

Zamfara approves pension, salary review for retirees

by The Editor
May 18 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Deputy speaker, 15 other Niger Assembly lawmakers fail to secure APC return tickets

Deputy speaker, 15 other Niger Assembly lawmakers fail to secure APC return tickets

May 22 2026
Kidnappings: Oyo suspends field trips, excursions as family buries slain teacher

Kidnappings: Oyo suspends field trips, excursions as family buries slain teacher

May 22 2026
Terrorists responsible for Oyo kidnapping, says DHQ

Police deny rescue of abducted Oyo students, teachers

May 22 2026
Benue governor secures return ticket

Benue governor secures return ticket

May 22 2026

EDITORIAL REVIEW

Hepatitis: Rescuing Nigerians from needless deaths – Punch

Hepatitis: Rescuing Nigerians from needless deaths – Punch

by The Editor
May 22 2026
0

Mass failure: JAMB, VCs to review UTME results Thursday

UTME reforms, admissions waivers – Punch

by The Editor
May 20 2026
0

In 2027 elections, voter apathy looms large – Punch

In 2027 elections, voter apathy looms large – Punch

by The Editor
May 18 2026
0

Oyo school attacks: A call to action for South West governors – Punch

Oyo school attacks: A call to action for South West governors – Punch

by The Editor
May 17 2026
0

Urgent measures needed against hantavirus – Punch

Urgent measures needed against hantavirus – Punch

by The Editor
May 10 2026
0

Opinion

School attacks and the death of ethics

School attacks and the death of ethics

by The Editor
May 22 2026
0

...

The dangers of a one-party state

The dangers of a one-party state

by The Editor
May 5 2026
0

...

Dear Senator Tinubu, Buhari has thrashed us all!

NBC’s real struggle

by The Editor
April 30 2026
0

...

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 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.