Tag Archives: Missing 30Trillion Naira

Okonjo-Iweala Sued Over Missing N30tn

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The Socio-Economic Rights and Accountability Project (SERAP) has dragged the Minister of Finance, Ngozi Okonjo-Iweala, to court over “failure to provide information about spending of the alleged missing N30tn, which represents some accruable income to the Federal Government in the past four years”.

The suit, filed at the Federal High Court, Ikoyi, followed a Freedom of Information request by SERAP to Mrs Okonjo-Iweala dated February 2. The originating summon, with suit number FHC/L/CS/196/2015, was filed on behalf of the organization by Senior Staff Attorney, Olukayode Majekodunmi.

SERAP’s suit followed disclosure by the former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo that over N30tn had been missing, or stolen, or unaccounted for, or simply mismanaged under the minister’s watch.

Read More: PremiumTimes

Jonathan Missed the Point on Missing N30 trn – Soludo

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Former Governor of the Central Bank of Nigeria (CBN), Prof. Chukwumah Soludo, has faulted the response of President Goodluck Jonathan to his claim that N30 trillion was missing from the Nigerian economy.

Soludo said in a statement on Tuesday that the  article entitled: “Jonathan Replies Soludo over missing N30 trillion,” which was extracted from the president’s interview with THISDAY Newspaper did not capture the points he raised, probably because the president was too busy with election campaigns that he did not read his article.

President Jonathan as saying that “Soludo said  under Ngozi’s watch they stole N30 trillion” but that since the sum of the federal budget over the last four years was less than N30 trillion, such an amount could not have been “stolen.” Also referring to Soludo’s allegation, the President said “it is all political.”

Soludo noted that he had earlier stated that he would not make further comments on the issues until probably after the elections but that since the president has decided to join the fray, he was constrained to make a further brief clarification.

Soludo noted that he had earlier stated that he would not make further comments on the issues until probably after the elections but that since the president has decided to join the fray, he was constrained to make a further brief clarification.

Read More: news24.com.ng