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₦20 Trillion Is Missing From Nigeria's Federation Account – Olisa Agbakoba

Should the National Assembly set up a probe panel?
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Hajj is a religious obligation, but the ‘Welfare Board’ needs to be audited. Too much ‘leakage’ happens there.

The math isn’t mathing. We are borrowing at high interest to replace the money that NNPCL and others ‘forgot’ to remit. This is the definition of madness.

15 states have harmonized their taxes? What are the other 21 doing? We need this yesterday! I can’t be paying for ‘Radio Permit’ in Lagos and ‘Environment Levy’ in Ogun for the same delivery van.

I hope the Ministry of Sports pays them their allowances on time. No ‘stories touch’ please.

So the TSA is just a ‘memo’? One President can just wake up on the wrong side of the bed and cancel it? We need to bake these reforms into the Constitution, not just ‘circulars’.

We are drowning in debt while sitting on a gold mine. The gold is being stolen at the source before it even gets to the vault.

I saw $42.37 billion missing from 2011–2017 and I almost fainted. That money alone could have given us 24/7 power supply across the whole of West Africa, not just Nigeria.

The ‘Impartial Spectator’ Barry talked about in his letter is what we need for the Federation Account. An independent auditor that the government cannot fire.

I used to blame the President for everything, but now I see the problem is deeper. Even a saint cannot run a country where 40% of the money disappears at the gate.

Nigeria is not broke. Nigeria is being ‘under-remitted.’ There is a big difference. #WhereIsOurMoney is the movement of the year.

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