About $1 billion dollars was misappropriated or stolen every month under the government of Goodluck Jonathan, according to the Emir of Kano, Sanusi Lamido Sanusi.
Sanusi made the statement during an appearance on PBS series, “Nigeria: Pain & Promise” where host Nick Schifrin looked at how “a cancer of corruption steals Nigerian oil, weapons and lives”
The former CBN president said in the interview: “In Nigeria, there is no accountability at all and that is why I think Nigeria’s corruption is worse than corruption in most parts of the world. It is the worst type of corruption. It’s stealing.”
“Frankly, I think a billion dollars under Jonathan a month was about what we were losing.”
“Basically, all it does is allow a group of people, who themselves don’t have any kind of operating background, to pay $50m for access to the crude oil in blocs, valued at over $2bn and they just take the crude oil, ship it out and don’t return the money and there is no trace of where the money has gone.
“Someone gets a contract to lift crude from the terminals to the refineries and in between, that crude is stolen; it is stolen on the high sea.”
“If she goes to court and is jailed for example, it sends a signal; I think that there is a day of reckoning,” he said.