The Most Important question That many Nigerian have not asked the Government of GEJ !

Nigeria produces 2.5 million barrels of oil a day based on the OPEC allocation quota for Nigeria as a member state of this organization


By generally acceptable rough estimate, about 100,000 to 200,000 barrels of oil are stolen daily by the oil thieves of Nigeria and sold in those foreign oil black markets of Africa, Asia, South America and Europe leading to an annual loss of between $5 billion to $10 billion from the Nigerian government revenue. The Nigeria’s budgets of 2012, 2013 and 2014 were all based on $77 a barrel of oil, and for those three consecutive years, the Nigeria’s oil sold at about $107 a barrel.

This means that the Nigerian government was making additional $30 a barrel. This extra crude oil money was put in an account which the Nigerian government named the excess crude oil account. From my personal estimate, this account should be $30 billion richer at the moment, but it is has less than $3 billion in it as of today according to the Nigerian government. My question for Nigerians is simply this:what happened to the $27 billion that is now unaccounted for by the Nigerian government from this excess crude oil account?‪#‎AssociationOfNigerianLootersInPower‬ – Sunday Iwalaiye.

The Most Important question That many Nigerian have not asked the Government of GEJ !