12.7 Billion Dollars Crude Stolen Under Jonathan, Falana Says

Mr. Femi Falana, a Nigerian foremost Lawyer has said 12.7 billion dollars worth of crude was stolen under Mr. Goodluck Jonathan, the former Nigerian President.

Femi disclosed this on Thursday in his presentation at the 40th anniversary celebration of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja.

60.2 million barrels of oil were stolen from Nigeria and diverted to Philadelphia, US, anyone that wants to know detail about the transaction should approach the Nigerian Maritime Administration and Safety Agency (NIMASA) for the record, Femi added.

Falana charged the oil union to mount pressure on the government to account for the money.

“The study revealed that the value of the money from oil stolen from Nigeria is $12.7 billion. The oil was discharged in one port,” he said.

“We have identified who the oil majors are and the shipping companies involved, but since 2014, we have been begging the Nigeria government to recover the money.

The Law that allows for offshore and inland sharing contract without paying royalty is no longer effective, and has expired since 2014.

He charged the oil company to be accountable.

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