Report revealed that, Nigeria’s President, Goodluck Jonathan in a desperate move to win the forthcoming elections has allegedly splashed N10 billion on Southwest Cooperative Societies to garner votes for him in next month’s election
It was gathered that the meeting of the Southwest Executives of the Cooperative Societies held with Jonathan at the State House, Marina, Lagos, Southwest Nigeria last Friday.
Though the president promised to build the first ever Cooperatives University in the Southwest, it was alleged that the leadership of the cooperative societies got $5 million (N10 billion) from the president so that they could support his ambition.
The money is to enable to cooperative societies mobilise their members in the Southwest to vote for the president. There are over 20 million cooperative members in the Southwest alone.
“It was the first time I saw dollars being packed in ‘Ghana-Must-Go’ bag,” a source at the meeting was quoted as saying.
After the sharing of the booty one of the cooperative zones in one of the Southwest zones got over N200 million after converting the dollars to naira.
There many zones in that particular state, meaning that each state got over N1 billion as their share.
The President said he would set up a study group to examine how such a university functioned in Kenya to determine the various faculties and departments suitable for Nigeria.
Jonathan said the study group would also comprise members of Oodua Cooperative Alliance, OCA, which made the request for such a university.