Wednesday, March 12, 2014

Breaking News: Nigerians Baffled by its Government

Breaking News: Nigerians Baffled by its Government

BBC captioned it Is Nigeria serious about tackling corruption?. The headlines from Financial Times Finding Nigeria's missing billions attempts to leave a trail. But it is New York Times that draws much attention to the current state of dilemma in Nigeria between Accountability, Transformation and Corruption. Written by Nossiter Adams the headline was simply Nigerians Ask Why Oil Funds Are Missing.

Like the other questions, the government will try to quench the fire and put out any more scandal of missing oil funds. The President had already shown its rudeness that although his administration like his predecessors are corrupt, he doesn't want any public negative image. Scandals past and present has shown that his administration is corrupt. How do you fix it? Do you silence the messenger or terminate the pest?

“A substantial amount of money has gone...It’s just a big scam,” Mr. Sanusi said in the interview. “The amount is shared by a cabal.”

“Mr. Sanusi has been making all kinds of claims to project himself as a victim,” the president's spokesman, Reuben Abati, said in an email, accusing the former bank governor of “financial recklessness, abuse of mandate, incompetence and criminal acts of negligence.”

The outspoken Central Bank governor Lamido Sanusi was suspended and later relieved of his duties. The state oil company, Nigerian National Petroleum Company (NNPC), has failed to account for $20bn in oil revenues.

Still the problem exist. Kerosene sells for 140 naira a litre or 160 naira when it should be 40 naira a litre. Fuel scarcity continues to generate more interest. Nigerians still expect more than 6 hours of uninterrupted power supply. It goes on and on.

It is no longer the former CBN governor who's asking the questions about missing oil fund. Nigerians are curious and families would like to know how $1bn was disappearing every month over a 19-month period.

It is sad for the economy. Sad for a country. Shooting the messenger does not nullify the message. Can the government fire a whole country for asking for the truth?

2 comments:

  1. Super article I am a big fan of you blog hope you will like my indian movie blog http://guruofmovie.blogspot.in

    ReplyDelete
  2. HOW I GOT MY LOAN FROM DR PURVA PIUS LOAN FINANCE (urgentloan22@gmail.com)

    Hello Everybody,
    My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

    LOAN APPLICATION FORM:
    =================
    Full Name:................
    Loan Amount Needed:.
    Purpose of loan:.......
    Loan Duration:..
    Gender:.............
    Marital status:....
    Location:..........
    Home Address:..
    City:............
    Country:......
    Phone:..........
    Mobile / Cell:....
    Occupation:......
    Monthly Income:....

    Contact Us At :urgentloan22@gmail.com

    ReplyDelete