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APC asks Jonathan to account for ₦5 Trillion oil revenue


The All Progressives Congress Presidential Campaign Organisation has asked President Goodluck Jonathan to tell Nigerians how five trillion Naira (N5tn) in oil and gas revenue went down the drain.

The organisation said this in a statement signed by its Director of Media and Publicity, Mallam Garba Shehu, in Abuja on Wednesday.



It challenged the President to explain why over N5 trillion in oil and gas revenue “vanished” under his supervision.

Shehu said, “This government must answer the questions posed by the different Committees and Task Forces that probed the Oil and Gas Sector between 2011 and 2012.

“By this, we mean the Nuhu Ribadu-led Petroleum Task Force Report, the Minister of Trade and Investment’s report on stolen crude; the House of Representatives fuel subsidy report, coupled with the investigations into the ecological fund, SIM card registration and frequency band spectrum sale.”

“Industrial theft of oil surged from 250,000 to 400,000 barrels per day and remains unabated. The issue of corruption was also repackaged and lowered to the status of petty stealing,” The campaign said.
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