EXPOSED!!! SECRET DOCUMENT REVEALS NIGERIAN GOVERNMENT HID N70 TRILLION (MORE DETAILS)

EXPOSED!!! SECRET DOCUMENT REVEALS NIGERIAN GOVERNMENT HID N70 TRILLION (MORE DETAILS)

EXPOSED!!! SECRET DOCUMENT REVEALS NIGERIAN GOVERNMENT HID N70 TRILLION (MORE DETAILS)

The Nigeria Extractive Industries Transparency Initiative (NEITI) has estimated oil profit between 1999 and 2014 – The researches state that Nigeria earned over N70 trillion without saving According to the latest investigations, Federal Government earned over N70 trillion without saving

The Nigeria Extractive Industries Transparency Initiative (NEITI) states that the Nigerian government has earned over N70 trillion from oil between 1999 and 2014 without saving. The organisation urges the Federal Government to immediately develop a saving plan to prevent the culture of wastefulness.

Oil is almost always a source of income for Nigeria’s billionaires Waziri Adio, the executive secretary of NEITI, states that this was responsible for the economic recession the country was experiencing. He stressed that unless Nigeria developed a prudent way of spending, the country might be in for very rougher times in the coming years.

Adio said: “Let me inform the committee that we discovered that between 1999 and 2014, the country spent over N70 trillion it received from oil and gas alone. That is a whole lot of money. And what is sad is that it was spent without the country having anything to show for it. I think it is quite unfortunate.”

Shares