Central Bank governor Lamido Sanusi has repeatedly called for an investigation into the state-owned Nigerian National Petroleum Corporation (NNPC). Sanusi initially charged that nearly $50 billion went missing in 18 months, but an audit ordered by the Senate finance committee estimates the amount to be closer to $20 billion.
President Goodluck Jonathan suspended Sanusi on Thursday, describing his leadership of the central bank in a statement as "characterized by various acts of financial recklessness and misconduct".
Sanusi plans to appeal the suspension in court.
Many used #WhereIsOurMoney to debate the suspension and criticize the government for failing to account for the alleged missing revenue.
#WhereIsOurMoney NNPC
Misbahu Chedi
@Emtee_chedi "please some journalist should ask him tonite. 200Billion USD no b small money."
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AdeTookThis
@baajayi "When you fight vested the interests, they unleash their arsenal against you. Nigerians be wise, your oil wealth is missing" #WhereIsOurMoney
Karo Orovboni
@K_Orovboni "Nigeria is rich but her people remain poor. How many more whistleblowers do we need to get it right?" #WhereIsOurMoney
Chinasa Ikelu
@icinas "So many uncompleted projects yet some persons in government can't explain how $20b decided to av legs and work away" #FGWhereIsOur20BDollars
AADEOYE
@aadeoye7 #WhereIsOurMoney "Let the President and his cabinet shufflers explain, before it's too late."
Some took government critics to task for alleging the money was stolen, pointing out that Sanusi said only that the money was unaccounted for. Sanusi has also been criticised for dropping his initial estimate of the missing revenue.
@gbengasesan @PINS2015 no one has said the money was stolen. Not even SLS. He said it was not remitted.
kenneth Beregha
@kenberegha "which money? Don't be gullible. Missing is different from unremitted."
Don PeddY
@pedro4twit "@kenberegha the money is missing. Whether unremitted, looted, mismanaged, misappropriated, stolen, embezzled, it is missing!!!"
Yomi Akinde
@oluyomzy "Others focused their criticism on Sanusi's suspension. You can suspend Sanusi if you like. Thing is, you just cannot suspend the truth." #WhereIsOurMoney?
Kathleen Ndongmo
@KathleenNdongmo "GEJ harbours liars & thieves around him, but suspended the one saying the truth." NNPC #WhereIsOurMoney
Kenneth Okocha
@Kenawel "When you see them, please ask them" #WhereIsOurMoney?
To give an idea of the size of the missing. amount of money, the website Omojuwa shared a list of comparable items that added up, including Heathrow Terminal and Burj Al Arab. Many online made similar claims with various figures.
omojuwa.com: Now if I can't comprehend, I am sure there are many out there like me who can't either, hence perhaps the challenge with feeling enough outrage. So I went shopping on the internet.
If building a refinery will cost $3B. Then $20B can surely give us one in each geopolitical zone. #WhereIsOurMoney
Aboki|GenVoices.org
@Ndaguye20 "The Burj Khalifa (the tallest building in the world) cost $1.5 billion. That means we can have one in our major cities." #whereisourmoney
I rep APC !!!
@its_donjay "The cost of China's major electric power plant dam $20 billion. NNCP scam $20billion." #whereisourmoney.
-OluwadamilarE
@ofjay "Itaipu Dam Brazil,Second largest in d world capable of generating 14,000MW of Electricity cost only $17billion" #WhereIsOurMoney
Sanusi Yusuf
@sayusuf "How can Nigeria emerge as an economic giant when billions of dollars are stolen daily with such ease." #whereisourmoney
#WhereIsOurMoney a hashtag created to demand answers to the missing $20billion of Nigeria oil revenue.
Culled from aljazeera.com main programme, ajstream. Follow on twitter @ajstream
Picture credit: aljazeera.com
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