Sunday, 24 February 2013

Revealed:President Jonathan spent $1million of aid money meant for the poverty-stricken on star-studded festival featuring Beyoncé and Jay-Z'

Its been revealed that President Jonathan spent  $1million of aid money to attract world class performer like Beyonce and Jay-Z ,Missy Elliott, Busta Rhymes, Snoop Dogg and Ciara were also among performers at the 2006 Music Festival.
A letter stamped and signed by Bayels State officials in 2006 revealed that President Goodluck Jonathan, then the Governor of the state, released N150million  from the state’s poverty alleviation fund for the inaugural ThisDay Music Festival.It's not known however if the International popstars were aware that their appearance was subsidised by the country's  poverty alleviation fund.

The document surfaced after it was disclosed that reality TV star Kim K was reportedly paid $500,000 (£329,695) for a fleeting appearance in Lagos last week, angering Nigerians.
The letter was sent from Nduka Obaigbena, the publisher of Nigerian newspaper ThisDay – the major sponsor for the festival - to the Bayelsa State government asking for money for the festival ahead of the country’s 46th independence celebration.

The authenticity of the letter has not been confirmed. It is not known whether the funds allegedly released by the government were paid to festival performers directly and if so, how much the performers received
According to reports: ‘Mr Obaigbena often lines up financial bonanzas from numerous governors, ministers and other top government officials to finance his jamborees.’
At the bottom of the letter, a handwritten note allegedly signed by aides of then Governor Jonathan and the state’s accountant general says: ‘Release N150,000,000.00 (One hundred and fifty million naira) only to be drawn from the poverty alleviation subhead.’
The letter reads: ‘The music festival will bring the world’s top music icons to Nigeria and showcase the great news coming out of Nigeria.‘Already several top music icons have signed on or are signing on.
‘They’ll tell the world through music that Nigeria’s time has come.’
The publisher added: ‘We invite you to partner with us as co-hosts of the festival.
‘With a total budget of $10 million, the co-host is expected to contribute a minimum of $2.5 million.’


2 comments:

  1. Our so called leaders Governors,Ministers etc,spend monies voted for different projects carelessly without following due process. This story shows how insensitive they can be,etc

    ReplyDelete
  2. If this is true then its a very very big shame

    ReplyDelete