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Thursday, September 25, 2014

Biggest Missing Money scandals in Nigeria

Biggest Missing Money in Nigeria (Capturing the scandal of biggest missing money in the Nigeria public sector)
The Nigerian 
                   Scandal of 
                            Missing things
❶1976

$2.8billion - Missing from the Nigerian National Petroleum Coporation(NNPC) account in Midlands Bank, U.K 

❷ 1990 
$ 12.2 Billion (2 Trillion Naira) accrued during the 1990 Gulf war oil(Gulf Windfall) was said to be missing.

❸2012

$ 1.18 Billion (N195 Billion Naira) Police Pension’s Fund was  said to be missing.

❹2013

$ 3.3 Billion (N500 Billion Naira)  SURE-P funds was declared missing! 

❺2014
$ 20 Billion (N3.3 Trillion Naira) was reported to be missing from NNPC proceeds of crude oil sales.

Missing! Missing!! Missing!!! Story of missing money!!!!


Nigeria always] have stories which are scandalous.Bad enough the outcome of the missing money never generate as much noise as the onset of noise about the missing money.


















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Monday, September 8, 2014

Madam Okonjo Iweala & Reforming the unreformable


It was rewarding shelling out three thousand naira for what looks like a non-pirated copy of Reforming the unreformables recently written by Okonjo Iweala. I was certainly not disappointed as I devour it within 24 hours.

It was a firsthand expose on managing the previously battered economy of Nigeria during the Obasanjo years.Personally, I consider it an objective presentation and not the usual Nigeria writers' attempt at self-adulation or self-praising.

Hope by the time she write her years in Jonathan Government she would not be be revealing how she became captive of her earlier successes. Such possibility that can happen after a person succeeds in a task or mutitudes of tasks. This,  she alluded to in the book.

Madam Okonjo Wahala hope you will deliver once more.
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