Obasanjo left $65bn excess crude fund but Jonathan left nothing for Buhari - Amaechi
- Rotimi Amaechi accused the Jonathan-led administration of wasting the excess crude fund
- Amaechi said the Obasanjo's administration left about $65 billion in the nation's coffers but Jonathan's administration left nothing
- Amaechi said he left the PDP because of gross mismanagement of the national resources
The minister of transportation, Rotimi Amaechi, has accused the Goodluck Jonathan-led administration and the Peoples Democratic Party (PDP) of gross mismanagement of national resources.
Amaechi accused Jonathan's government of wasting about $65 billion excess crude fund left by the Olusegun Obasanjo's administration.
The minister of transport said he left the PDP due to the wastage of fund and joined the All Progressives Congress (APC) party in search of change, Punch reports.
He said: “When Obasanjo was leaving, he left about $65bn in the Excess Crude Account, but this money was frittered away and we wonder where the money is.
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“As at then, the price of crude oil during the President Goodluck Jonathan’s administration hovered around $140, with this, they did not leave anything for the incoming government.
“With that kind of money, we should be thinking of connecting Nigeria through rail system. The rail between Ibadan to Kano would have been completed.
“Also the rail gauge between Port Harcourt to Maiduguri and Lagos to Calabar would have been completed, but all the excess crude money was frittered away, we need to ask questions.
“My attention and belief shifted to Buhari which was the viable alternative; I believe in the change mantra because it is the only way to improve on what is on the ground.
“He (Buhari) has not disappointed (the country) because the economy is now back on track and is growing. This is evident in the current prices of food items because it’s getting lower.”
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Meanwhile, Amaechi, has disclosed how God used a friend to bless him with N200 million after he prayed and fasted for three months, The Cable reports.
The money was used for his litigation fees to reclaim his mandate in the 2007 Rivers gubernatorial election, and to take care of personal necessities.
The minister shared the testimony on Sunday, December 10, at a thanksgiving service in Port-Harcourt, the Rivers state capital.
Rotimi Amaechi says he is busy on the streets - on NAIJ.com TV:
Source: Naija.ng