The Vice-President, Yemi Osinbajo has
revealed that former President Goodluck Jonathan spent N100bn, $295m cash in
two weeks.
Osinbajo said this while speaking at the
Greater Nigeria Pastors Conference organised by Rev. Yomi Kasali.
According to the Vice-President, the massive looting
during Jonathan’s administration led to the downturn in the economy.
Osinbajo also said “The theft of resources in
this country is the first and primary reason for our poverty.
“That is why we have to address the issue of
corruption pointedly, not once in a while because the system is corrupt; it is
a corrupted system that we are running. This is not a system where corruption
is just an exception, corruption is generally the rule in the Nigerian system.
“It is easy to say how come we don’t have
money or why are we borrowing money? If you as an individual have N1million and
somebody stole N900,000 from it, you won’t ask the question how come I am poor?
You will immediately tie the theft of your money to your poverty.
“When we came in, we had a foreign reserve of
$32 billion, but there was $15billion used for defence contract that was
unaccounted for.
“Weeks before the 2015 elections, the
government then, gave out N100billion in cash and $295million in cash
ostensibly for security within two weeks. Those are the reasons why we don’t
have money.”
The News Agency of Nigeria (NAN) reports that
over 1,000 pastors from across the country attended the conference.
Source: PulseTV
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