The 16 years rhetorics of the saintly APC: matter
arising.

HIstory of Excess Crude Account ECA

Obasanjo left $20 billion

Rotimi Amaechi, Babatunde Fashola led by Bukola
Saraki in 2008 instituted a lawsuit against the
Yar'adua government calling for the sharing of the
$15billion ECA. Yar'adua in 2009 opted for out of
court settlement. By end of 2009 it had dropped
from $15billion to $6.5billion. Okonjo Iweala was
not finance minister. Money was disbursed by
Accountant General Alhaji Ibrahim Dankwambo.

YarAdua Left $6.5 billion = Jonathan Inherited
$6.5billion ECA

Governors insisted that the $6.5 billion ECA be
shared. In January 2010, Jonathan acceded to the
governors' and shared $2 billion from the ECA.
Despite the almost $4billion shared between
January and May 2010, the Governors led by
Bukola Saraki demanded that the left over
$3billion ECA be shared. In August 2010 the FG
under Jonathan bugged and withdrew the $3billion
from the Excess Crude Account, leaving behind a
meagre $460 million.

Ngozi Iweala Era 2011 - 2015
Under Okonjo Iwaela as the Finance Minister the
government started having renewed battle with
the governors led by Chibuike Amaechi.

In October 2011 Babtunde Fashola set up a team
of SAN, threatened and demanded that the
$1billion saved in Sovereign Wealth Fund be
shared along with the billions in ECA. Jonathan
proposed out of court settlement. Despite the out
of court settlement, the Governors were so
determined to share the money, instituted another
lawsuit again two months later asking the
Supreme Court to stop the FG from saving
$2billion in SWF but instead "share the money”.

Between 2011 to 2014 federal government took
N3.29 trillion while the 36 states received a total
of N2.92 trillion. They received N966.6 billion in
2011, N816.3 billion in 2012, N859.4 billion in 2013
and N282.8 in 2014.

Government Grew ECA From $450m in 2010 to
$9billion in 2015

As at August 2010, the ECA stood at meagre
$450million. However, the NOI/GEJ increased this
money to $9billion at the end of 2015.

Now here are the key players.

Rotimi Amaechi (APC/South South) is your
Minister of Transport.

Babatunde Fashola (APC/South West) is your
Minister of Power, Works and Housing

Busola Saraki (APC/Middle Belt) is your Senate
President.

Alhaji Ibrahim Dankwambo (PDP/North East) is
Governor of Gombe State.
Wake up from party and regional affiliation, Join
the revolution. From North to south, West to East
our current leaders are all vampires sucking the
blood that flows throw all of us from 1966. This is
about our collective future.

Some of those governors did not do anything meaningful with that money.

Flexherbal:
Some of those governors did not do anything meaningful with that money.

We know what Saraki did with his

Pfft

Same former governors crying wolf and key players in the Buhari government depleted the ECA.

Nigeria is a joke with the greatest hypocrite in history at the helm of affairs.

PDP wasted 16 years. 80% of same PDP people got you into power and are serving in your government.

So Amaechi, Fashola, Saraki are the ones who shared ECA in 2007/8



Im disappointed you left Tinubu's name out



Dadan didin

where is Adam Osho?
The problem between Adams and Ngozi have always been sharing the SWF.