<\/p>\n
The APC Presidential Campaign Organisation (APCPCO) has asked the PDP to<\/p>\n
explain to Nigerians how five trillion Naira (N5 Trn) in oil and gas
\nrevenue has gone down the drain.<\/p>\n
<\/p>\n
In a statement by the Director of Media and Publicity, APC Presidential
\nCampaign Organisation, Mallam Garba Shehu, in Abuja on Wednesday,
\nPresident Jonathan was challenged to explain why over N5 trillion in oil
\nand gas revenue vanished under his supervision, through fraud and
\nembezzlement.<\/p>\n
<\/p>\n
“This government must answer the questions posed by the different
\nCommittees and Task Forces that probed the Oil and Gas Sector between 2011
\nand 2012. By this, we mean the Nuhu Ribadu-led Petroleum Task Force
\nReport, the Minister of Trade and Investment\u2019s report on stolen crude; the
\nHouse of Representatives fuel subsidy report coupled with the
\ninvestigations into the ecological fund, SIM card registration and
\nfrequency band spectrum sale,\u201d the APC Campaign said.<\/p>\n
<\/p>\n
The APC Campaign recalled that a prominent newspaper, The Punch, had in
\nthe 25th of November, 2012 edition alerted Nigerians on how over N5
\nTrillion oil money had been stolen under Jonathan\u2019s tenure.<\/p>\n
<\/p>\n
The APC Campaign while bemoaning the shock that the nation’s economy is
\ncurrently going through as a result of the free-fall of the oil pries
\nnoted that waste and graft associated with the management of our oil and
\ngas revenue has further compounded Nigeria’s economic predicament.<\/p>\n
The APC Campaign reminded Nigerians of the report of Punch Newspaper
\nprivate investigation in 2012,
\nhttp:\/\/www.punchng.com\/news\/n5tn-stolen-under-jonathan-investigation\/
\nwhich was never responded to by the government.<\/p>\n
It noted that if the above scenario was frightening, what followed in the
\nlast two years has been worse and most flagrant.<\/p>\n
According to the APC Campaign, “industrial theft of oil surged from
\n250,000 to 400,000 barrels per day and remains unabated. The issue of
\ncorruption was also repackaged and lowered to the status of petty
\nstealing. Worse still innocent whistle-blowers were hounded out of
\noffice.”<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The APC Presidential Campaign Organisation (APCPCO) has asked the PDP to explain to Nigerians how five trillion Naira (N5 Trn) in oil and gas revenue has gone down the…<\/p>\n","protected":false},"author":1,"featured_media":34922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-34940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"\n