why should I account for Abacha’s Loots? – Obasanjo

Related stories

AG, Finance Commissioner Retained As Ondo Gov.Dissolves Cabinet

By Kolawole Ojebisi Two months after his election into office,...

Again, Nigeria’s Inflation Rate Soars to 34.80% in December 2024

By Abiola Olawale Nigeria's headline inflation rate saw an uptick...

South Korea’s impeached president arrested after police march on his home

Impeached South Korean President Yoon Suk Yeol was arrested...

Justifies Buhari’s frequent foreign trips

*Says no regret putting Jonathan forward as President

Obasanjo, who stated this in an interview, weekend, said the role of his office was to facilitate the recovery process and not how it was put to use. He said: “They said the money recovered from Abacha, I should account for it. What stupidity! The man who asked for it, the man who gave the judgement or who answered them are all stupid, with due respect. “I don’t keep account, all Abacha loots were sent to Central Bank of Nigeria, CBN, and every bit of it was reported to Minister of Finance. My job was to write where we can get help to recover the money. Olusegun Obasanjo   “Every penny that comes out of it went to CBN, so if they want to know what happened to the money, they should call CBN governor or call the Minister of Finance. “But again, it shows ignorance, total ignorance, which is lacking and you wonder, are these people educated? They can also approach the man who helped us in recovering process to give the list of money recovered and where he took it.” On fluctuating oil price On fluctuating oil price, Obasanjo said President Buhari was lucky than he was, saying: “When I assumed office in 1999, I inherited $3.7 billion in reserve, while Buhari met $30 billion, almost 10 times of what I met then, and the price of oil then was $9. When it got to $20, I was dancing. “I know the price is down now and with time, it will jump up again.

What Buhari is doing currently is preparing ground for Nigeria to take advantage when it goes up again.” Justifies Buhari’s frequent foreign trips Obasanjo, who justified Buhari’s frequent foreign trips, said President Buhari needed to get involved in the world. He said: “He needs to be known and to know people. How do you make friends and influence people except you know them and this cannot happen if he sits in Aso Villa, especially in a situation that we found ourselves, a situation where we have bad image in the world, a situation where we need to play leadership role, especially in Africa, because during Jonathan’s administration, Nigeria was not on the table.” On Biafra agitation Obasanjo, who described the Biafra agitation as a platform for people of the South East to make their voices heard, insisted that Biafra was dead. He said: “I sympathise with people agitating in the country, but what Nigeria needs to do now is to get our economy back on track. When you have a bad economic situation, such is expected. So I did not see their cause as a threat but I see it as a platform to get their voices heard.

“Like I said on January 15, the important, authentic leaders of the South-East are concerned about economic situation of Nigeria and I believe when the situation changes tomorrow, these young people will sing a new song.” No regret putting Jonathan forward as President While expressing no regrets in facilitating the emergence of former President Goodluck Jonathan as President, Obasanjo said his objective had been achieved by making a minority group to produce the president of Nigeria. He said: “I believe that Nigeria politics will be strengthened even more if we have the opportunity to allow the minority in its own right to emerge as President, and I do not have any apology for anybody because the purpose I wanted Nigeria to achieve had been achieved. “That any Nigerian can become president, it is not a regret for Nigeria and for me because Nigeria gave him that opportunity, he used, abused, misused as he wished and at the appropriate time, Nigerians said thank you for what you have done and what you have not done and Nigeria said bye bye, which is the beauty of democracy.”

Culled From Vanguard
Culled From Vanguard
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
First Bank Crisis: GHL Recounts How FBN’s Carelessness Almost Killed 93 on Operational Oil Rig (FULL STATEMENT ATTACHED)AG, Finance Commissioner Retained As Ondo Gov.Dissolves CabinetMax Amuchie, Rotarian and Sundiata Post CEO Earns Gulf American University's Honorary Science AwardAgain, Nigeria’s Inflation Rate Soars to 34.80% in December 2024South Korea's impeached president arrested after police march on his homeTributes to Comrade (Dr.) Segun Osoba at 90White House Deal: US Removes Cuba From Terrorism Sponsor ListCrisis Over Alaafin: You Are Liable for Prosecution Over Your Defamatory Acts-Oyo Kingmakers Lash MakindeNLC Chairman Reveals How Verification Exercise Exposed Over 2,000 Ghost Workers In Akwa-Ibom, Hails Gov EnoBig Intrigues As US SEC Sues Musk For Failing To Disclose Stakes In Twitter AcquisitionDrama As NCC Orders Telcos To Disconnect UBA, Fidelity, Sterling, FCMB, Polaris, Others Over USSD DebtThe Top Companies by H-1B Visas Issued in 2024[VIDEO] Shocking! Suspect Nabbed With Girlfriend's Head Says "I've No Regret Killing Her."[VIDEO] Drama As Obasa's Portrait Is Removed From Lagos State AssemblyBreaking: CBN Fines First Bank, Fidelity, Seven Others N150m Each For ATM Cash Scarcity
X whatsapp