ADVERTISEMENT

‘My mum was abducted over fuel subsidy removal,’ Ex minister says

Okonjo-Iweala also alleged that state Governors did not allow former President Jonathan to save money from the crude oil surplus.

Former Minister of Finance, Dr. Ngozi Okonjo-Iweala

The former minister of finance revealed this in an interview with Lemonde Afrique.

According to Cable News she said “On my first experience as minister, I wrote a book, Reforming the unreformable (ed. The MIT Press, 2012). For the second, it was really difficult. Nigeria subsidizes fuel. About $ 6.7 billion that it costs, we found that 1.5 billion was fraudulent.

“One importer claimed that his boat was waging its oil while at the other end of the world, according to maritime classification society Lloyd’s Register Marine.”

The ex minister also said “I told the president that we would stop paying. What happened? They kidnapped my mother, 83 years. During the first three days, their only demand was my resignation. I was supposed to go on television and announce my resignation.

ADVERTISEMENT

“This was one of the worst moments of my life. Can you imagine what happens in your head if you have to be responsible for the death of your mother?”

She also said “I will not go into details, but you must understand that in a country like this… in the fight against corruption, we must be prepared to pay a personal price. My father asked me not to resign. The president asked me not to resign. At the end, everyone began looking for her, and the kidnappers released [her].”

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Former ECOWAS Court VP slams EFCC chairman's handling of Yahaya Bello case

Former ECOWAS Court VP slams EFCC chairman's handling of Yahaya Bello case

Let’s drill 200k boreholes across the country  —  Obi begs wealthy Nigerians

Let’s drill 200k boreholes across the country  —  Obi begs wealthy Nigerians

Ondo 2024: Ex-governor's brother emerges gubernatorial candidate

Ondo 2024: Ex-governor's brother emerges gubernatorial candidate

UK varsity rolls out tuition, travel-free scholarship for Nigerian students

UK varsity rolls out tuition, travel-free scholarship for Nigerian students

President Biden signs law to potentially ban TikTok if not sold

President Biden signs law to potentially ban TikTok if not sold

Ex-Governor, Fayose's money laundering trial adjourned as court fails to sit

Ex-Governor, Fayose's money laundering trial adjourned as court fails to sit

Travel alert: Panic as fire breaks out at Lagos Airport

Travel alert: Panic as fire breaks out at Lagos Airport

NGO allocates $36.5m to Nigeria, 15 other countries to eradicate trachoma

NGO allocates $36.5m to Nigeria, 15 other countries to eradicate trachoma

Senator sacrifices chicken to rain god to ask for rainfall — people are mad at him

Senator sacrifices chicken to rain god to ask for rainfall — people are mad at him

ADVERTISEMENT
ADVERTISEMENT