Skip to content
Wednesday 2 September 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Headlines
Headlines

Point of correction: Nigeria did not lose $49.8 billion under my watch – Former President Jonathan counters Emir Sanusi

The FrontierThe FrontierSeptember 26, 2024 4081 Minutes read0

•Jonathan and Sanusi

Former President Goodluck Jonathan says Nigeria did not lose $49.8 billion under his administration as stated by the 16th Emir of Kano, Muhammadu Sanusi II, in his new book.

Jonathan spoke today in Abuja at the launch of the book titled: “and he is in Public Policy and Agent Interests: Perspectives from The Emerging World”.

The book was edited by former Minister of Finance, Shamsuddeen Usman, reports Daily Trust.

According to the former president, the country cannot lose such an amount and still be able to pay salaries.

“I need to say why I did not quite agree with him. All that he wrote was on some of the issues, especially the one that is related to me.

“He said he was sacked because he blew the whistle that the federal government lost $49.8 billion. It’s not quite correct. It was not that he was sacked. He was suspended,” he said.

Jonathan said the Financial Reporting Council of CBN couldn’t investigate the allegations due to limited time.

“Before we could finish, his tenure was already over. Probably we would have called him back,” he said.

“Till today, I’m not convinced that the federal government lost $49.8 billion.

“After, they came up with more figures; first $49.8 billion, later 20 billion, later 12 billion. So, I don’t even know the correct one,” he said.

He, however, said after forensic audits, nobody was able to say $50 billion was missing, adding, “The report they came up with was that there is $1.48 billion dollars that they couldn’t really give a proper account and that NNPC should pay that money to the federation account.”

Tags
Emir SanusiFormer President JonathanNigeriaPoint of correction
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Edo guber election: INEC presents certificates of return to Okpebholo, Idahosa
next post Allow independent marketers to lift petrol – Reps charge NNPC, Dangote refinery
Related posts
  • Related posts
  • More from author
Headlines

Petrol price hits N1,350 as Dangote, marketers fight deepens

September 1, 20260
Headlines

Peter Obi slams Tinubu over move to block release of alleged FBI drug records, says ‘It’s embarrassing’

September 1, 20260
Headlines

BREAKING: Wanted former Governor Sylva linked to alleged coup plot against Tinubu dumps APC

August 31, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
International

UK-based Nigerian taxi driver falls asleep at wheel after 3 days of driving, kills man

September 2, 20260
News

FESTAC Town residents threaten protest over demolished fence

September 2, 20260
International

Tinubu was under investigation for drugs — FBI confirms

September 2, 20260
News

Kwara building collapse: We found late mother with dead child on her chest – Rescuer

September 2, 20260
Politics

Desperate politicians resorting to human sacrifice to win elections — Former Governor Donald Duke alleges

September 2, 20260
Africa

WHO raises alarm as tobacco production rises in Africa

September 2, 20260
Load more

inside the Hill top newspaper

February 9, 2025

UK-based Nigerian taxi driver falls asleep at wheel after 3 days of driving, kills man

September 2, 2026

FESTAC Town residents threaten protest over demolished fence

September 2, 2026

Tinubu was under investigation for drugs — FBI confirms

September 2, 2026

Kwara building collapse: We found late mother with dead child on her chest – Rescuer

September 2, 2026

Desperate politicians resorting to human sacrifice to win elections — Former Governor Donald Duke alleges

September 2, 2026

inside the Hill top newspaper

0 Comments

UK-based Nigerian taxi driver falls asleep at wheel after 3 days of driving, kills man

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Bandits block Zamfara road, abduct all passengers

August 13, 2024
3

Midwiving Nigeria’s first Aviation hub, By Anietie Usen

January 22, 2024
4

Exclusion of Niger Deltans from ownership of oil blocs, recipe for fresh militancy – Stakeholders warn Tinubu

January 2, 2025
5

Residents groan as gang violence disrupts businesses in Kano community

June 4, 2026
6

Ex-Rivers Sole Administrator Ibas rejects Assembly’s move to probe 6-month spending

September 22, 2025
Popular
1

inside the Hill top newspaper

February 9, 2025
2

How tertiary institutions battle indecent dressing on campuses

January 13, 2024
3

Why FG hasn’t prosecuted terrorism financiers – Minister

November 22, 2025
4

23 deaths, 48 cases recorded as Lassa Fever hits Ebonyi

December 5, 2024
5

Atiku to Tinubu: Explain NNPCL $3.3billion loan

January 26, 2024
6

Chief bridesmaid WANTED! Check out 5 things to know about this role

June 20, 2024

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

Shooting of protesters reminds us of the dark days of dictatorship – Former VP Atiku

August 4, 2024

IBB’s BOMBSHELL: Igbo not behind 1966 coup

February 23, 2025

Court sentences 3 kidnappers to death by hanging in Rivers

January 18, 2024

UK to prioritise mental health after damning report on fatal stabbings

August 13, 2024
Top posts

Categories

  • News4979
  • Politics4640
  • Crime4450
  • International3078
  • Sports2487
  • Business & Economy2287
  • Headlines2234
  • Education1386
  • Matilda Showbiz999
  • Health888
  • Entertainment822
  • Africa588
  • Religion486
  • Environment375
  • Special277
  • Info Tech247
  • Arts & Culture240
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today206
  • Interview188
  • Opinion154
  • EyeCare with Dr Priscilia Imade132
  • World Cup 202695
  • Advert34
  • Trends23
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge1

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact