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Former President Olusegun Obasanjo has
dismissed calls by a group demanding that he
accounts for Abacha loot recovered by his
administration. In an interview published on
Vanguard , the former military general described
such persons as “illiterates and stupid people”.

Speaking over the weekend, Obasanjo said the
role of his office was to facilitate the recovery
process and not how it was put to use.

“They said the money recovered from Abacha, I
should account for it. What stupidity! The man
who asked for it, the man who gave the
judgement or who answered them are all stupid,
with due respect.

“I don’t keep account, all Abacha loots were sent
to Central Bank of Nigeria, CBN, and every bit of
it was reported to Minister of Finance. My job
was to write where we can get help to recover
the money.

“Every penny that comes out of it went to CBN,
so if they want to know what happened to the
money, they should call CBN governor or call the
Minister of Finance.

“But again, it shows ignorance, total ignorance,
which is lacking and you wonder, are these
people educated? They can also approach the
man who helped us in recovering process to give
the list of money recovered and where he took it,”
Obasanjo said.

Buhari Luckier Than Me
While commenting on oil prices, Obasanjo said
President Muhammadu Buhari was lucky
comparing Buhari’s opportunities with his own.

“When I assumed office in 1999, I inherited $3.7
billion in reserve, while Buhari met $30 billion,
almost 10 times of what I met then, and the price
of oil then was $9. When it got to $20, I was
dancing.

“I know the price is down now and with time, it
will jump up again. What Buhari is doing currently
is preparing ground for Nigeria to take advantage
when it goes up again,” he maintained.

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