DEMOCRATIC GANGSTERS, STEALING BY RULE OF LAW Nigeria is the mother of vampire states. Stated George B. N. Ayittey in page 25 of his DEFEATING DICTATORS FIGHTING TYRANNY IN AFRICA AND AROUND THE WORLD. The man described by former president John Kufuor as “one of the architects of democratic change” continued “That between 1970 and 2004, more than US$450 billion oil revenue flowed into Nigerian government coffers, but much of it was looted by Nigeria’s reckless military bandits. Mallam Ribadu, the chairman of the Economic and Financial Crime Commission set up in 2003, confirmed the theft of the US$412 billion over the period from 1960 to 1999. “We cannot be accurate down to the last figure but that is our projection,” said Osita Nwajah a commission spokesman”. Noted this is not even accurate figures oooh The author further noted that, “For 18 months (from February 1999 to august 2000), Nigeria’s vampire state was paralyzed by legislators’ wrangling over perks. Its 109 senators and 360 representatives passed just five pieces of legislation, including a budget that was help up for five months. Immediately upon taking office, the legislators voted themselves hefty allowances, including a 5 billion naira (US$ 50 million) furniture allowance for their official residences and offices. The now-impeached ex-chairman of the Senate from President Olusegun Obasanjo’s own People’s Democratic Party (PDP), Chuba Okadigbo, was the most greedy, according to the New Nation. As a Senate president, he controlled24 official vehicles but ordered 8 more at the cost of $290.000. He was also found to have spent $225,000 on garden furniture for his government house, $340,000 on furniture for the house itself ($120,000 voer authorized budget); bought without authority a massive electricity generator whose price he had inflated to $135,000; and accepted a secret payment of $208,000 from public funds whose purpose included the purchase of “Christmas gifts.” Hmmmmm!!! While the people wallow in abject poverty. If the reader thinks that is the end of this wanton thievery by public officials hear the professor further. “And it gets better: President Obasanjo went after the loot that former president Saani Abacha and his family had stashed abroad. There was much public fanfare regarding the sum of US$709 million and £144 million recovered from the Abachas and the former president’s henchmen. But then, this recovered loot itself was quickly re-looted! The Senate Public Accounts Committee found only US$6.8 million and £ 2.8 million of the recovered booty in the Central Bank of Nigeria”.
Posted on: Thu, 24 Oct 2013 10:28:56 +0000
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