How Jonathan gave out N100bn, $295m in 2015 elections - Osinbajo alleges

- According to the vice president, Jonathan doled
huge sums of money during the 2015 election
- He also said Jonathan was responsible for the
economic crunch the country is experiencing
According to Vice-President Yemi Osinbajo
the massive looting of the nation’s resources
by the immediate past administration of
President Goodluck Jonathan is responsible
for the economic crunch the country is
experiencing under the present
administration.
Osinbajo said before the 2015 elections, the
government of Goodluck Jonathan, ostensibly
doled out N100billion and $295million in
cash within two weeks.
He said this while speaking on Friday,
October 27, in Lagos at a ‘Greater Nigeria
Pastors Conference’ organised by Rev. Yomi
Kasali’s-led Berean Ministers Group.
Osinbajo also said the Nigerian system was
deeply infested with corruption that should be
fouht at all levels.
He said Muhammadu Buhari-led
administration decided to borrow to fund the
budget because the nation’s earning had
dropped and millions of Naira are still
unaccounted for in the last administration.
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According to Daily Post, he 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.”
Meanwhile,  Goodluck
Jonathan stated that he reformed the nation’s
democratic process in order to consolidate
democracy in Nigeria.
The ex-president made his comments at the
sixth edition of the African Ambassadors
Interactive Forum and Dinner, which was
organised by the African Third Sector
Resource in Abuja, on Thursday, October 26.
Jonathan was never a bad president

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