"I BELIEVE THE N30 TRILLION ($140 BILLION) THAT CHARLES SOLUDO SAID WAS STOLEN IN NIGERIA"

The figure of N30 trillion or $140 billion that Charles Soludo, the former Nigerian central bank governor claimed to have been stolen under the economic supervision of Ngozi Iweala and the presidency of Jonathan Goodluck can be trusted and believed for a number of reasons. Firstly, the government of Jonathan Goodluck made almost $0.5 trillion from the Nigeria's oil revenue since its inception to date. Secondly, the oil reached its highest price of over $100 a barrel  at 2.2 million barrels a day from 2009 to June of 2014 under Jonathan Goodluck. The foreign reserves stood at about $67 billion when the government of Nigeria was handed over to Jonathan Goodluck. This foreign reserves did not increased by $1 under the government of Jonathan Goodluck in 5 years and 7 months and in the midst of the biggest global oil boom in history of the whole world. Nigeria's foreign reserves are now less than $40 billion.

Charles Soludo versus Ngozi Iweala.

Thirdly, Ngozi Iweala has refused to date to release the audit report that probed the $20 billion that Lamido Sanusi, the former central bank governor accused this government of stolen from the Nigeria's treasury. Fourthly, the excess crude oil account that was close to $30 billion under Jonathan Goodluck at the onset of his government is almost empty today. Fifthly, Nigeria has borrowed more money in the midst of her oil boom than anytime in her hitory as a nation. Our foreign debt that stood at over $3.5 billion under Jonathan Goodluck at the beginning of his administration is now close to $16 billion. Sixthly, between 100,000 to 400,000 barrels of oil are stolen daily by oil bunkers under the government of Jonathan Goodluck since its inception to date unabated. The Al-Jazeera cable network reported last year that about $8 billion is lost yearly by the Nigerian government to the oil theft.  Lastly this amount of N30 trillion was stolen over almost 6 years at an average of N5 trillion a year and never at once.