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Okonjo Iweala Withdraws Jonathan $1 Billion Reelection Campaign Fund From Federation Account

okonjo iweala jonathan $1 bilion reelection

July 13, 2015 – EXPOSED! Ngozi Okonjo Iweala Withdraws Jonathan $1 Billion Reelection Campaign Fund From Federation Account Without Approval

Governor Adams Oshiomhole of Edo State has accused the former Minister of Finance, Dr. Ngozi Okonjo-Iweala of illegally taking $1 billion from the federation account to prosecute the re-election bid of former President Goodluck Jonathan.

Speaking at a seminar organized by the Edo State government for Permanent Secretaries, Directors and Deputy Directors, the governor said the former minister also needs to tells Nigerians how the Excess Crude Account was drawn down to $4.1 billion from the peak $10 billion when no approval was given by the National Economic Council for any withdrawal.

The theme of the workshop was: “Enhancing IGR in Edo, Issues, Prospects and Challenges.”

Oshiomhole, who said Okonjo-Iweala would have been declared a pathological liar if she were to be a witness in court due to the inconsistencies in her statements, said a forensic audit would truly determine how much was illegally spent from the federation account under her watch as minister.

He said the state government would now hold Permanent Secretaries, Directors and Deputy Directors responsible for any fraud detected in their departments, saying the government has trimmed down the cost of running government.

He said: “The truth is, many things went wrong even at the federal level. As you might have read in the papers, while the federal government, under Goodluck Jonathan, with the then Coordinating Minister of the Economy liked to blame governors for wasteful spending, for not saving for the rainy day, for not investing properly, the truth is the real weakness in the Nigerian federal chain has been the Federal Government.

“Our hope is that with the new President, given his pedigree we will break from the past.

“As I’m sure you will soon begin to hear when all the numbers are published, last week, I complained aloud that Edo State lost about N10 billion over a four year period from only one source, the NLNG remittance to the federation account.

“How did I arrive at the figure? I used my 4-Figure Table and I asked myself at $2.1 billion remitted by NLNG as taxes and Shell, and by the way, Shell is not the only oil operative, we have Chevron and several others. They shared the $2.1 billion based on the revenue allocation formula, Edo State got about N2.27 billion. So I said, thank God this money came after the departure of Okonjo-Iweala and President Jonathan. If the PDP were still in charge in Abuja, this money would have been taken.”



  1. Peter Hans

    July 13, 2015 at 6:35 PM

    Oshiomole is a mad man, enough of this false accusation.
    Why is this man so forward over this?
    Maybe he approched Ngozi for relationship, Ngozi turned him down before he decide to go for his “ewu virgin’ he marry.

    • Mayor Tonye

      July 14, 2015 at 5:13 AM

      You are just an ***** *****,no other word to describe ******..

  2. Godwin

    July 13, 2015 at 6:45 PM

    Jonathan should produce the money

  3. Jacob Flow

    July 13, 2015 at 7:56 PM

    I used to hold this woman on a very high esteem and she succeeded in losing all credibility in all ramifications. Ngozi you are a shame to humanity….. You were formally made but JONATHAN Re-Produced you again…

  4. Bankole Jones

    July 13, 2015 at 8:05 PM

    Offcourse, Okonjo is a disgrace, and she really worked financially in which she used our funds to support Jonathan re-election bid which they really failed totally and woefully.


    July 13, 2015 at 8:12 PM

    Peter! na u b mad man no b Oshimole, ur eyes blocked 4rm d truth bcos u re a PDP member, if we re following dis kind of ur yeye talk, nig go continue 2 dey spoil, everybody kno say Ngozi na thief dats Y she run come 2 nig wen she kno say no law no order in our leaders.

  6. Jilo

    July 13, 2015 at 9:52 PM

    I still find it difficult to understand why we black people perform well under supervision of white men whenever we work for them and perform woefully when it comes to our own business. This woman Okonjo Iweala is the reason why white people will never have any regard for black folks. This woman did a wonderful job when she was working with World bank. When it’s time for her to use that knowledge for the benefit of his people that was when she joined those cabals to destroy the economy prospect of her motherland. Folks, do not judge the book by looking at the cover. Some people are just as wicked and lack emotion for fellow human being. Look at Dora Akinluyi that woman will forever be remembered in her grave. Buhari may be an Hausa man but he is better of a Doctor who has no empathy for her people.

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