Home NIGERIAN Obasanjo spent between €300 million and €400 million to buy maritime equipment...

Obasanjo spent between €300 million and €400 million to buy maritime equipment but they have disappeared – Amaechi


Minister of Transportation, Rotimi Amaechi has revealed that the maritime equipment former President Olusegun Obasanjo spent between €300 million and €400 million while in power, is nowhere to be found.

The Minister who made the disclosure at the inauguration of the Integrated National Security and Waterways Protection Infrastructure in Nigeria (also called the Deep Blue Project) at the ENL Terminal, Apapa Port, Lagos, said they’ve bought same equipment which disappeared to fight insecurity in the maritime sector.

Amaechi went on to accuse Nigerian elite operating in the sector of unpatriotic acts. He said;

“Just because of this project, three committees were set up against me; one led by the vice-president, one by the minister of defence and another by the EFCC. 

“While they were set up and all of them were cabinet committees; the accusation was this is Amaechi’s contract. Mr. President, I don’t do contract.

“But I want to tell you why I did it. Nigerians are not patriotic, most elites are not. They were making billions of money in insecurity. Anybody who wants to fight insecurity, they will fight the person and I was very determined.

“I am surprised that the MD of Shell read his speech without saying that the oil companies met and promised me a gift if I can survive in this war. This war has sacked two ministers, they were taken to the EFCC and they were sacked.

“This war, under President Obasanjo; they spent between €300 million and €400 million to buy the same equipment we have bought and they have disappeared.

“Until the day you sack me or I leave office, I will make sure that this equipment remain because Nigerians who do business on the water are not good people. Most unpatriotic Nigerians are not good.”

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