Emir of Kano, Muhammadu Sanusi, has stated that aides and associates of ex President Goodluck Jonathan stole about $1bn from the nation every month.
“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.”
The former CBN governor said many shady deals took place under the immediate past Minister of Petroleum, Diezani Alison-Madueke, who is being investigated in the United Kingdom.
Explaining how some of the shady deals took place, Sanusi said, “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.”
He spoke during a programme titled ‘How a cancer of corruption steals Nigerian oil, weapons and lives’, which aired on The PBS NewsHour, an American daily evening television show.