Vice-President Yemi Osinbajo again, on Monday, lashed out at the administration of ex-President Goodluck Jonathan, saying it was mirred in grand corruption and impunity.
The VP said, for instance, he was shocked to find that in one day $292m (about N70bn) was moved out from the Central Bank of Nigeria, “without any contract or any real explanation”.
He noted that between 2010 and 2015, Nigeria’s debt jumped from $35,093.10bn to $63,806.53bn.
“From 2010 to 2014, debts moved from $35bn to $63bn. When we assumed office in 2015, the debt that the previous government left was $63bn.
“Today, three and half years later, the debt is $73bn.
“On another occasion, N60bn was moved out ostensibly for security purposes; but we know what happened.
“Look at a sum of N60bn; when someone can take N60bn; and $292m, that’s almost N70bn. Today, our TraderMoni scheme is costing us N20bn, where we’re giving to petty traders a loan of N10,000 and when they pay back, we give them N15,000 and when they pay back, we give them, N20,000. But somebody will take $292m, almost N70bn. If you have N70bn, you will solve the problem of seven million of those petty traders. That’s the kind of thing we are talking about and the kind of contrast that we’re trying to draw.”
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