$20bn Excess Crude Account: Many‘ll go to jail after May 29 — Sen. Adeyeye

AS the Minister of Finance Dr. Ngozi Okonjo-Iweala and the Nigeria Governors Forum, NGF, engage in war of words over the alleged unaccounted $20 billion accrued to the Excess Crude Account, ECA, while the NGF was in crisis, Senator Olusola Adeyeye has said that many Nigerians will go to jail after May 29, when the new administration would have taken over power.

Meantime, Senator Adeyeye has ruled out the possibility of the serving Senate President, Senator David Mark emerging as the President of the Senate in the 8th senate when the All Progressives Congress, APC, has the majority of Senators with 60 Senators against the 49 of the PDP.

Senator Adeyeye, APC, Osun Central said that Nigerians are being giving different figures by those who manage the economy and that even the alleged unremitted $20 billion by the Nigeria National Petroleum Corporation, NNPC, will be accounted for after May 29.

He said, “To me and to most observant Nigerians, what we have heard over the years is an endless renditions of ‘abracadabra’ when it comes to the management of the limited resources of Nigeria.  It is the case of, ’the more you look, the less you see.

“When you ask different people who ought to know about the magnitude of the revenue that had accrued to the federation, always, you get conflicting figures. The figures from the Minister of Finance are never the same as those of the Accountant – General of the Federation; they are never the same as those of the Central Bank of Nigeria.

“They are never the same as those of the Budget management office; they are never the same as those of the Nigerian National petroleum corporation. So, you keep hearing figures and you don’t know who to believe but I have good news, by the grace of God, on the 29th of May, a new government would be inaugurated in Nigeria.