Central Bank Denies Operating ‘Secret’ Accounts, Confirms Two Authorized CBN/NNPC Accounts

your comment symbolises what nigeria stand for and propspect of the country. who is the cbn governor when the account was opened in 2002,why the clamour for the sacking of the current for the crime commited by the former?....

We have got a lot of bigoted dummies in the country. It's always the other tribe, not their's, that is responsible for Nigeria's woes.

CBN donates money openly; runs account on behalf of govt agencies and openly says it was instructed to do so and you continue to blame the CBN. Poor Lamido! Where is the Executive arm of govt and it's head? Either we don't have anyone in charge or the CBN is doing the bidding of whoever is in charge.

And some of us are too stupid to call it the way it is: Our President is either corrupt, stupid or unbelievably inept. Or all of the above!

It's the same CBN of Sogudo, just better.

It is really a big shame to Aso rock and the national assembly that all this is happening at this point in time in the history of nigeria and the president has not summed up the courage to say enough is enough and take drastic actions.How can we believe Jonathan who says he is fighting corruption,and Otedola came out to say he gave $620,000 dollars to Farouk lawan and both men were not arrested immediately. How can cbn governor give donations on behalf of the central bank that runs into millions and he was not invited for question.and now he has a secret account with Jp morgan and he is very proud to say that he is running the acount for NNPC AND GAS,while nnpc nad gas says it belongs to cbn.Nigeria is dead-

Do 9jirians knw dat dis is business as usual? It's plan work all d way.....just 2 diversify d otedola and oda's case(mind u its nt only otedola dat was enlisted,wat about odas).as tins stand,we are on business as usual,by d tym we finish u 9jirians,i wil b bold 2 declare my assets publicly.bt 4 now,"i dont giv a damn"

There is no CBN. What you have is an epicenter of corruption and stupidity. Just look at the logo of the so-called CBN- crude, amateur, arewa-looking nonsense. Who designed that rubbish anyway?

It is quite unfortunate that an institution like CBN where, retired bankers like us worked and retired voluntarily without blemish is involved in such a scandal involving public fund in the oil downstream sector.CBN should engage herself in solving internal administrative problems.CBN please,listen to the cry of pensioners who had served the country in their prime and now, look at the way and manner an institution like CBN under the leadership of SANUSI LAMIDO is treating them.CBN had the authority to give the sum of #100m to kano state and 10% which is #10m to suleja victims without approval from the three tiers of government and nothing happened for the mismangement of public fund in the name of social responsibility.Is social responsibility part of functions of CBN? Where are the bankers and economist of this great nation NIGERIA? I advise MR.PRESIDENT,sack the central bank governor now.

With these revelations we await the NNPC and OAGF to state their own side of the story so that Nigerians can know those telling the truth and those acting against the laws of the country.

This is absolutely a shame that the CBN is deceiving us.This is a poser:
-How come a joint account between CBN/NNPC has NNPC as the sole signatory.It just doesn't add up
-Who authorized the account opening.The president or national assembly?
-What law was contravened?
We are been laughed by the diplomatic community around the world on shame,sham and charade happening in Nigeria.
A poet Laozi wrote"A leader is best,when people barely know he exist,not so good when people obey and acclaim him,worst when they despise him.But of a good leader, who talks." The question is what type of ruler do we have?
Your guess is as good as mine, never bother answering it ?

This is absolutely a shame that the CBN is deceiving us.This is a poser:
-How come a joint account between CBN/NNPC has NNPC as the sole signatory.It just doesn't add up
-Who authorized the account opening.The president or national assembly?
-What law was contravened?
We are been laughed by the diplomatic community around the world on shame,sham and charade happening in Nigeria.
A poet Laozi wrote"A leader is best,when people barely know he exist,not so good when people obey and acclaim him,worst when they despise him.But of a good leader, who talks." The question is what type of ruler do we have?
Your guess is as good as mine, never bother answering it ?

This is absolutely a shame that the CBN is deceiving us.This is a poser:
-How come a joint account between CBN/NNPC has NNPC as the sole signatory.It just doesn't add up
-Who authorized the account opening.The president or national assembly?
-What law was contravened?
We are been laughed by the diplomatic community around the world on shame,sham and charade happening in Nigeria.
A poet Laozi wrote"A leader is best,when people barely know he exist,not so good when people obey and acclaim him,worst when they despise him.But of a good leader, who talks." The question is what type of ruler do we have?
Your guess is as good as mine, never bother answering it ?

Nigeria is rotten to the core, even the apex bank and nnpc the back bone of nigerian economy is doing hide n seek with secret accout, nnpc said that cnb opened the account on their behalf and cbn operates the account and it is the sole signatory, now cbn said nnpc is operating the account and nnpc is the sole signatory so which one is the truth, this calls for full probe of the whole cock and bull by these shameless nigerian officials..this country has damaged beyong repair, anyone holding any position in nigeria is a habitual thief, the presidency, legislators, judiciary, governors, reps, local government chairmen, councilors, head of departmnts, secretaries, market leaders, town union leaders, church leaders, mosque leaders, secret society leaders, students leaders ALL are CRIMINALS

Nigeria is indeed a strange country. Where else will these types of accounts, which are quite normal in the oil business, lead to such controvacies. The NNPC could not state the truth about the accounts. The Accountant-General kept quiet when he could have cleared the air immediately. Anything that concerns the oil industry is delibrately shrouded in mystery even straight-forward cases

You guys should stop coating 'thiefery' with symantics. What the CBN and NNPC did is CRIMINAL. They are just plainly stealing, there are no two ways to that. These guys are just stealing. Ofcourse nobody is interested until Otedola comes with another 650000 dollars bribery allegation organized by Jonathan. I just hope Nigeria would not go bankcrupt before 2015

SR, kindly tell us the situation of things in the camp of Boko Haram. For a long time we've not heard any report from your usual 'contacts' with Boko haram. Nothing has been heard from either Malam Shekau or Abdul Qaqa since our dear GEJ dangled a giant CARROT before Boko haram and their sympathisers by handing over billions of naira to them via the office of the new NSA(Dasuki). It seems some persons are eating &traditionally people dont talk while eating. Is SR eating too? We need to know why the SUDDEN silence from the Boko haram camp since LUNCH was served via the appointment of the new NSA(Dasuki). We need to know why SR suddenly lost its 'contacts' with Boko haram or why there is a lull in press releases from Boko haram via SR. We need to know why the vociferous fictitious spokesperson of Boko haram(Abdul Qaqa) suddenly went silent. Or is he on vacation? It seems that all the killings and media charade by Boko haram,their supporters &sympathisers was to have a bite of the cherry

I smell rat again, we need more details of these secret accounts, who and who have been involved in the running of this account and who do they report to?????????

To many question

If NNPC was all along operating the two accounts why would NNPC's Group Executive Director (Finance and Accounts), Mr. Bon Otti, go before the NASS and INSIST the accounts were operated by CBN? Would it not be correct then to say that the accounts were for "Chop-I-chop" system if NNPC has no records of the transactions? Or what would one want the public to believe if NNPC has been making monthly deposits and withdrawals from the accounts but now denies the facts?

See wahala,they don they pass the buck now.Who they lie ,who dey tell through .NNPC or CBN,police need to lockup these 2 camps,till the truth is established

The govenor of CBN has been turbaned-what is he still doing in CBN? Unless Gej fires this man the economy will never improve-there are too many fulanis in government now. CBN is a conduit peipe for waste and thievery

Wonders they say will never stop. In Nigeria it is wonders all the time.NNPC sells crude oil for the country and keeps the money. It on its own decides when and what to give Nigerian government. It goes further to import petrol and also decides what to pay itself and what to remit to the federation account. Thus NNPC is running our finances and not the pretenders in the national assembly. Something drastic needs to be done.

Ugo A. Okoroafor you r a thief like the parents that brought you into this world! Imagine these thieves. So many thieves in the Nigerian government, sooner than later oil money will finish then you people would vanish!

The way Government institutions and Agencies under this clueless government publicly engage in criticising and contradicting each other is really shameful. How can this simple issue that everybody is privy to result into "naked dancing in the market'?

Who is fooling who? There are documents sign before opening the account. Either the CBN or NNPC should obtain these documents and make it public. All these press releases from both parties is just another way of deceit.

The Problem Is Ours, The Fault Is Ours, The Solution Is Ours