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GRV Responds As Obasanjo Discloses How FG Sold A Ship For $500,000 And Later Bought Same Ship For $2M

GRV Responds As Obasanjo Discloses How FG Sold A Ship For $500,000 And Later Bought Same Ship For $2M

Gbadebo Rhodes Vivour, a prominent member of the Labour Party, has responded to the disclosure made by Chief Olusegun Aremu Obasanjo, the former President of Nigeria, regarding the Federal Government’s $500,000 sale of a ship and subsequent $2 million purchase of the same vessel. The words were posted in a message on Tuesday on Labour Party Lagos Media’s official X account. CONTINUE FULL READING>>>>>

In the post that was shared, the former President said when he was the military head of state, he left several ships behind. He said by the time he returned after 20 years, the shipping line had been liquidated.

He said after the Federal Government sold one of the ships for half a million dollars, they bought the same ship for $2 million and spent another $1.5 million to refit it so it could be seaworthy.

Obasanjo was quoted as saying;

“When I was military head of state, we ordered 19 new ships to be built for the Nigerian National Shipping Line (NNSL), which was owned by the federal government. We had about five at the time, and with 19, we were to have 24 ships. We took delivery of some before we left office. President Shehu Shagari took delivery of the remaining balance. When I returned after 20 years, the shipping line had been liquidated. Not one ship left. Let me tell you the story of one of the ships. They sold it for half a million dollars. Then, they started the Oron merchant navy school and needed a ship for training. They bought the ship they had sold for half a million dollars for $2 million and spent another $1.5 million to refit it so it could be seaworthy”.

However, Gbadebo Rhodes Vivour has now reacted to the statement that was made by the former president. In a post that he shared on his page, he said one should imagine what the country would have been with honest leadership. CONTINUE FULL READING>>>>>

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