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APC Matters In Pictures - Politics (11) - Nairaland

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Fulani Herdsmen Attack On Beji, Niger State Village In Pictures / Obasanjo Tears PDP Membership Card In Pictures / Achievements Of The Jonathan/Sambo Administration In Pictures (2) (3) (4)

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Re: APC Matters In Pictures by anonimi: 7:50am On Jun 30, 2015
Re: APC Matters In Pictures by anonimi: 7:51am On Jun 30, 2015
Brytawon:
Barely a month after Muhammadu Buhari,
became Nigeria’s President, many Nigerians
are already reminding him of his campaign
promises.
It would be recalled that the former head of
state was sworn in as the country’s President
on May 29, 2015, after he defeated former
president Goodluck Jonathan.

In this regards, a famous social commentator,
Ike Chidolue, on Saturday, June 27, went on
his Facebook page to post 81 campaign
promises made by Buhari.
Below are the campaign promises as posted
by Chidolue:
1. Public declaration of assets and liabilities
2. State and community policing
3. Ban on all government officials from
seeking medical care abroad
4. Implementation of the National Gender
Policy, including 35% of appointive positions
for women
5. Revival of Ajaokuta steel company
6. Generation, transmission and distribution of
at least 20,000 MW of electricity within four
years and increasing to 50,000 MW with a
view to achieving 24/7 uninterrupted power
supply within 10 years.
7. Empowerment scheme to employ 740,000
graduates across the 36 states and the
Federal Capital Territory.
8. Establishment of a free-tuition and
scholarship scheme for pupils who have
shown exceptional aptitude in science
subjects at O/Levels to study ICT-related
courses.
9. 720,000 jobs by the 36 states in the
federation yearly (20,000 per state).
10. Three million Jobs per year
11. To embark on vocational training,
entrepreneurial and skills acquisition schemes
for graduates along with the creation of a
Small Business Loan Guarantee Scheme to
create at least 5 million new jobs by 2019.
12. Churches and Mosques would not pay
taxes under national laws, but if they engage
in businesses, the businesses would pay tax.
13. Provision of allowances to the discharged
but unemployed Youth Corps members for
Twelve (12) months while in the skills and
entrepreneurial development programme
14. Making the economy one of the fastest-
growing emerging economies in the world with
a real GDP growth averaging 10% annually.
15. Creation of a Social Welfare Programme
of at least fivethousand naira (N5000) that
will cater for the 25 million poorest and most
vulnerable citizens upon the demonstration of
children’s enrollment in school and evidence
of immunisation to help promote family
stability
16. Recruitment and training of at least
100,000 officers into the Nigerian police force
and establish a Federal Anti-terrorism Agency.
17. One free meal (to include fruits) daily, for
public primary school pupils
18. Building an airport in Ekiti State
19. Eradication of state of origin, replacing
that with state of residence to ensure
Nigerians are Nigerians first before anything
else.
20. Establishment of crime squad to combat
terrorism, kidnapping, armed robbery,
militants, ethno-religious and communal
clashes nationwide
21. Working with the National Assembly
towards the immediate enactment of a
Whistle Blower Act
22. Economic stability for the ECOWAS
nations and maintaining a strong, close and
frank relationship with West Africa, South
Africa, UK, USA, Canada, and other African
countries
23. Establishing a conflict resolution
commission to help prevent, mitigate and
resolve civil conflicts within the polity.
24. All political office holders earn only the
salaries and emoluments determined and
approved by the Revenue Mobilisation and
Fiscal Commission (RMFAC).
25. Permanent peace in the Niger Delta and
other conflict prone areas such as Plateau,
Taraba, Bauchi, Borno and Abia.
26. No plans to Islamise Nigeria.
27. Nationwide sanitation plans to keep
Nigeria clean
28. Preserving the independence of the
Central Bank
29. Simplifying immigration process to foster
faster visa processing at points of entry.
30. Special incentives to facilitate the
education of the girl child
31. Full implementation of the National
Identification Scheme to generate the relevant
data.
32. Making Information Technology,
Manufacturing, Agriculture and Entertainment
key drivers of our economy
33. Balancing the economy across regions by
the creation of six new Regional Economic
Development Agencies (REDAs) to act as
champions of sub-regional competitiveness
34. Putting in place a N300 billion regional
growth fund (average of N50 billion in each
geo-political region) to be managed by the
REDAs.
35. Amending the Constitution and the Land
Use Act to create freehold/leasehold interests
in land along with matching grants for states
to create a nationwide electronic land title
register on a state by state basis.
36. Reviving and reactivating the minimally
performing refineries to optimum capacity.
37. Creating additional middle-class of at
least two million new home owners in the first
year in government and one million annually
thereafter.
38. Creating an additional middle class of at
least four million new home owners by 2019
by enacting national mortgage single digit
interest rates for purchase of owner occupier
houses as well as reviewing the collateral
qualification to make funding for home
ownership easier, with 15 to 30 year mortgage
terms.
39. Enacting a national mortgage system that
will lend at single digit interest rates for
purchase of owner occupier houses.
40. Injecting extra N30 billion into the
Agricultural sector to create more agro-allied
jobs by way of loans at nominal interest rates
for capital investment on medium and
commercial scale cash crops.
41. You farm, government buys, guaranteeing
a minimum price for selected crops and
facilitate storage of agricultural products as
and when necessary.
42. Creating a national infrastructural
development bank to provide loans at nominal
interest rates exclusively for this sector.
43. Construction of 3,000km of superhighway
including service trunks.
44. Building of up to 4,800km of modern
railway lines – one third to be completed by
2019.
45. At least one functioning airport is
available in each of the 36 states.
46. Ending gas flaring and ensuring sales of
at least half of gas produce, within Nigeria.
47. Speedily passing the much-delayed
Petroleum Industry Bill (PIB) and ensuring
that local content issues are fully addressed.
48. Establishing at least six new universities
of science and technology with satellite
campuses in various states.
49. Establishing six centres of excellence to
address the needs of special education.
50. Prioritising the reduction of the infant
mortality rate by 2019 to 3%.
51. Reducing maternal mortality by more than
70%.
52. Reducing HIV/AIDs infection rate by 50%
and other infectious diseases by 75%.
53. Improving life expectancy by additional 10
years on average.
54. Increasing the number of physicians from
19 per 1000 population to 50 per 1000
55. Increasing national health expenditure per
person per annum to about N50,000 (from
less than N10,000 currently).
56. Increasing the quality of all federal
government-owned hospitals to world class
standard within five years.
57. Ensuring timely payment of retirement
benefits for all pensioned senior citizens and
creating a poverty safety net for all aged
citizens above the age of 65.
58. Amending the Constitution to require local
governments to publish their meeting minutes,
service performance data, and items of
spending over N10 million.
59. Requiring full disclosure in media outlets,
of all government contracts over N100 million
prior to award and during implementation at
regular interval.
60. Amending the Constitution to remove
immunity from prosecution for elected officers
in criminal case.
61. Initiating action to amend the Nigerian
Constitution with a view to devolving powers,
duties, and responsibilities to states in order
to entrench true federalism and the federal
spirit.
62. Reforming and strengthening the justice
system for efficient administration and
dispensation of justice with the creation of
special courts for accelerated hearing of
corruption, drug trafficking, terrorism and
similar cases of national importance.
63. Establishing world-class sports academy
and training institutes and ensure that Nigeria
occupies a place of pride in global sports and
athletics.
64. Reviving the Nigerian football league and
putting incentives in place to make it as
competitive as other national leagues.
65. Putting in place measures to identify
talents early and ensuring their participation in
local and international games to enable them
become professionals.
66. Assisting Nollywood to fully develop into
world class movie industry that can compete
effectively with Hollywood and Bollywood in
due course.
67. Ensuring that the rights of women are
protected as enshrined in our Constitution.
68. Guaranteeing that women are adequately
represented in government appointments and
providing greater opportunities in education,
job creation and economic empowerment.
69. Promoting the concept of reserving a
minimum number of seats in the National
Assembly for women.
70. Free maternal and children healthcare
services.
71. Stabilising the naira.
72. Targeting up to 20% of our annual budget
for this critical sector whilst making
substantial investments in training quality
teachers at all levels of the educational
system (some other APC policy documents
had 15%).
73. Ensuring compliance with policies and
measures to halt the pollution of rivers and
waterways in the Niger Delta and other parts
of the country.
74. Adopting a holistic approach to erosion
and shoreline protection across the country.
75. ECOWAS currency by 2020 under Nigeria’s
guidance and leadership.
76. Maintaining strong, close and frank
relationships within the Gulf of Guinea, the
Commonwealth, South Africa and the rest of
the world.
77. Establishing a new special relationship
with the leading emerging markets like Brazil,
Russia, India and China (BRIC) and other
strategic partners around the world.
78. Government intends to commission a
sociological study to determine Boko Haram’s
origins, remote and immediate causes of the
movement, its sponsors, the international
connections to ensure that measures are
taken to prevent a recurrence of the evil.
79. Strengthening INEC to reduce, if possible,
eliminate electoral malpractices in Nigerian’s
political life.
80. Improving operational and legal
mechanisms so that disciplinary steps are
taken against proven human rights violations
by the Armed Forces.
81. Free education at primary, secondary and
tertiary institutions for Science, Technology,
Engineering and Mathematics (STEM) and
Education.

source: www.naij.com/473147-know-the-81-campaign-promises-of-president-buhari.html?pk_campaign=ush
Re: APC Matters In Pictures by anonimi: 12:38pm On Jul 01, 2015
www.nairaland.com/attachments/2578022_iweala_jpeg0858fd35c7757170d8155dae6623e1c2







http://takenotenigeria.com/2015/06/01/federal-ministry-finance-summary-revenue-allocation-federation-account-allocation-committee-month-april-2015-shared-may-2015/


Press Release On March 2015 Federal Allocation

March 2015 Federal allocation of N435.061

The Federal Government, State governments and Local government councils shared a total of N435.061 billion as Federal allocation for the month of March, 2015. A communique issued by the Federation Accounts Allocation Committee (FAAC) indicated that the Gross Revenue received for the month of March was N315.044 billion.
This amount when compared with the N401. 42 billion received in February 2015 showed a decline of N86 423 billion. The communique noted that the continual shut down and shut-in of trunk lines at various terminals has continued to impact negatively on crude oil revenue.
However, an increase in the average price of Crude oil from $48.65m to $55.34m in February,2015 boasted revenue by about $43.73m. It is also of note that the Non-oil revenues dipped further in March partly due to the fact that the time frame for companies to file their returns has not fallen due.
The shared amount comprised of the month statutory revenue of N314. 515 billion and N6.330 billlion refunded to the Federal government by Nigerian National Petroleum Corporation( NNPC). There is also exchange gain of N33.529 billion which was proposed for distribution.
An additional sum of N9.490 billion was paid to the Federation Account by the NNPC. Consequently, from total distributable revenue for the current month (including VAT ) of N435.061 billion, Federal government received N146.486 billion (52.68%);
States received N74.299 billion (26.72%); Local governments received N57.282 billion (20.60%); while the oil producing States received N29.378 billion as 13% derivation revenue.

K.N. Offie DD Press OAGF.

Read more at: https://prnigeria.com/government/press-release-on-march-2015-federal-allocation/
Re: APC Matters In Pictures by anonimi: 2:42pm On Jul 01, 2015
Re: APC Matters In Pictures by anonimi: 12:26pm On Jul 02, 2015
3direct:
Since January 2015, Empower54 under the umbrella of Body Enhancement Foundation has empowered over 200 internally displaced women by making them self-sufficient through skills they had prior to displacement.
[img]http://3.bp..com/-x1kAqEdHT5g/VZS41vhmQ0I/AAAAAAACVW8/pKXxcnYkO1g/s400/Modupe+and+girls+original+copy.jpg[/img][img]http://2.bp..com/-27C26vYsbfk/VZS41GDQU-I/AAAAAAACVWw/M7KbM2lsfoE/s640/Communities+leveled+down+by+Boko+Haram.jpg[/img]

Such as giving them sewing machines, money for trade, resources for farming, local oil processing, materials for traditional weavers, rented homes.

Empower54, which is also registered in the US, also creates schools at IDP camps for internally displaced children in the North East states of Gombe, Adamawa and Borno States. The children are given uniforms, shoes, writing materials; teachers were hired and paid monthly by the organization.

As part of Empower54’s “Rise Above Terror” campaign to rehabilitate internally displaced women and children; Princess Modupe Ozolua, has gone on numerous dangerous tours of some communities destroyed by Boko Haram in Adamawa and Borno States.

The objectives of the tours are to properly estimate the extent of damages done to homes by Boko Haram and configure that into its existing empowerment and educational programs for the IDPs.
[img]http://1.bp..com/-vc5DOosBc08/VZS44l9JonI/AAAAAAACVXY/ay-XhgdwYoA/s400/bridge.jpg[/img]
[img]http://4.bp..com/-ms8YbXxd5JA/VZS40VDM5qI/AAAAAAACVWo/g4_6gdDe6Hk/s640/Girl+sewing+under+shop+destroyed+by+Boko+Haram.jpg[/img]
[img]http://1.bp..com/-XsoK-mN7Tk0/VZS42PorO8I/AAAAAAACVXA/pyP4gEXYpnY/s640/Some+beneficiaries+of+our+educaitonal+program+for+displaced+children+at+Girei+copy.jpg[/img]

[img]http://3.bp..com/-pmCHHxavgII/VZS45tcTVuI/AAAAAAACVXk/zTEnkZxF3Rw/s640/modupe.jpg[/img][img]http://4.bp..com/-p-cRczXiHtg/VZS423xQMFI/AAAAAAACVXQ/_CgjJt6J0ZM/s640/Tailors.jpg[/img]

[img]http://1.bp..com/-Ka-hvUB1rsk/VZS45tyidrI/AAAAAAACVXw/tczuDgNlu5U/s640/tanker+7.jpg[/img]

[img]http://1.bp..com/-9siwh5_NTjQ/VZS46RjHDmI/AAAAAAACVXs/6UidZuRPF4I/s640/women+for+oil+processing.jpg[/img]
Some communities visited are: <b>Adamawa State:</b> Yola, Mubi, and Mararaba-Mubi, Mishara, Shuwakalaa.

<b>Borno State:</b> Uba, Michika, Kuma, Askira-Uba, Bazza, Kuzum,

Dilchim, Lassa, Dille, Maiduguri, Bama, Konduga, Mangoro and Gowza.

Well done Modupe.....I hope your efforts are recognised internationally soon.



http://www.stelladimokokorkus.com/2015/07/modupe-ozolua-tours-communities.html
Re: APC Matters In Pictures by anonimi: 2:18pm On Jul 02, 2015
Re: APC Matters In Pictures by anonimi: 12:16pm On Jul 04, 2015
Re: APC Matters In Pictures by anonimi: 9:02am On Jul 05, 2015
Re: APC Matters In Pictures by anonimi: 1:00pm On Jul 05, 2015
[size=14pt]Sanusi/CBN/FRCN indictment report continued[/size]


(C) Available information indicates that the Central Bank has over the years engaged in procurement of goods, works and services worth billions of Naira each year without complying with the express provisions of the PPA.

(D) By deliberately refusing to be bound by the provisions of the Act, the CBN has not only decided to act in an unlawful manner, but has also persisted in promoting a governance regime characterised by financial recklessness, waste and impunity, as demonstrated by the contents of its 2012 Financial Statements.

Unlawful expenditure by the Central Bank of Nigeria on ‘Intervention Projects’ across the country

(A) the unacceptable level of financial recklessness displayed by the leadership of the Central Bank of Nigeria is typified by the execution of ‘Intervention Projects’ across the country. From available information, the bank has either executed or is currently executing about 63 such projects across the country and has committed over N163billion on them.

(B) it is inexcusable and patently unlawful for any agency of government to deploy huge sums of money as the CBN has done in this case, without appropriation and outside CBN’s statutory mandate. It is trite that the expenditure of public funds by any organ of government must be based on clear legal mandates, prudent costing and overriding national interest.

Financial infractions and acts of financial recklessness committed by the Central Bank as reflected in its audited financial statements of 2012

(A) pursuant to Section 50 of the CBN Act 2007, a copy of the audited financial statements of the CBN for the year ended 31st December 2012 was sent to Mr. President. Based on the issues raised in the financial statement, a reaction was requested from you to enable a proper appreciation of the nation’s economic outlook.

(B) the response to this query was further referred to the Financial Reporting Council of Nigeria. The review by the council, rather than allay the fears of government, further confirmed concern bout the untidy manner in which you have generally conducted the operations of the CBN.

Some of the salient observations arising from the review are;

(A) in a most ironical manner, it has become obvious that the CBN is not able to prepare its financial statements using applicable International Financial Reporting Standards (IFFS) whereas Deposit Money Banks that the CBN is supervising have complied with this national requirement since 2012.

Undoubtedly, this laxity on the part of our apex bank, apart from calling to question its capacity for proper corporate governance, is capable of sending wrong signals to both domestic and international investors on the state of the Nigerian economy.

(B) the provisions of the Memorandum of Understanding (MOU) signed by the CBN and other Deposit Money Banks on Banking Resolution Sinking Fund have been breached in a material manner. For example, a Board of Trustees (BOT) to manage the Fund has not been constituted since 2010 when it was established. The CBN has however continued to utilise the Fund for certain operations without approval of the said BOT.

(C) contrary to section 34 (b) of the CBN Act 2007 which provides that the CBN shall not, except as provided in Section 31 of the Act, inter alia, purchase the shares of any corporation of company, unless an entity set up by the approval or authority of the Federal Government,m CBN in 2010, acquired 7% shares of International Islamic Management Corporation of Malaysia to the tune of N0.743 billion. This transaction was neither brought to Mr. President’s attention nor was a board approval obtained before it was entered into.

(D) the CBN has failed or refused to implement the provisions of the Personal Income Tax (Amendment) Act 2007. Accordingly the Pay-As-You-Earn (PAYE) deductions of its staff are still being computed in accordance with the defunct Personal Income Tax Act 2004, thus effectively assisting its staff to evade tax despite the generous wage package in the CBN, relative to other sectors of the economy.

(E) the CBN had an additional brought forward to General Reserve Fund of N16.031bn in 2012 but proceeded on a boy age of indefensible expenses in 2012 characterised by inexplicable increases in some heads of expenditure during the year. Examples include:

1. The bank spent N3.086bn on “promotional activities” in 2012 (up from N1.084bn in 2011). The bank spent this sum even when it is not in competition with any other institution in Nigeria;

2. The CBN claimed to have expended N20.202bn on ‘Legal and Professional Fees’ in 2011 beyond all reasonable standards of prudence and accountability;

3. Between expenses on ‘Private Guards’ and ‘Lunch for Policemen’, the CBN claimed to have spent N1.257 billion in 2012;

4. While Section 6(3)(c) of the CBN Act 2007 provides that the board of the CBN is to make recommendations to Mr. President on the rate of renumeration to Auditors, the bank has consistently observed this provision in breach and even went to the extent of changing one of the Joint External Auditors without notifying the office of the President.

5. In the explanations offered by the CBN pursuant to presidential directives, it offered a breakdown of ‘Currency Issue Expenses’ for 2011 and 2012. Interestingly, it claimed to have paid N38.233bn to the Nigerian Security Printing and Minting. Company Limited (NSPMC) in 2011 for ‘Printing of Banknotes.’ Paradoxically however, in the same 2011, NSPMC reported a total turnover of N29.370bn for all its transactions with all clients (including the CBN).

6. It is significant to note that the external audit revealed balances of sundry foreign currencies without physical stock of foreign currencies in the CBN Head Office.

Questionable write-off of N40bn loans of a bank

The above issues are only a few of the infractions highlighted by the review and which point to the gross incompetence and recklessness which characterised the operations of the CBN in the period under review.

However, the CBN also claimed that it paid Air Charter, such as payments to Emirate Airline (N0.511bn), Wing Airline (N0.425bn) and Associated Airline (N1.025bn) to distribute currency by air nationwide. Emirate Airline does not fly local charter in Nigeria, Wing Airline is not registered with Nigeria Civil Aviation Authority and Associated Airline does not have a billion turnover for 2011 because upon enquiry, the management claimed that they have no financial statements and have not had any significant operations for the past two years that will warrant preparation of financial statements.

The breakdown also include “Currency Issue Expenses” of N1.158bn and Sundry Currency charges of N1.678bn under “Currency Issue Expenses.” As they are in 2011 so are similar expenses in 2012. These are difficult to understand.

Other areas of fraudulent activities include

1. Facility Management N7.034bn in 2012 (N5.751bn in 2011.

2. Foreign Bank accounts that have been closed offshore were still operational in the General Ledger for over six months after they have been confirmed as closed accounts by the offshore banks.

3. The “Know Your Customer” policy is not properly followed by the CBN to the extent that the CBN has unknown customer with account balance of N1.423bn since 2008. The CBN claim that it is taking steps to obtain the required details regarding the address of the customer.

Wastefulness

1. Training and travel expenses N9.24bn in 2012 up from N7.65bn in 2011.

2. Expenses on “ATM offsite policy change” came to N1.045bn.

3. Expenses on “Non Interest Banking” N1.359bn in 2012 up from N0.977bn in 2011.

The CBN is still very heavy on expenses on “Project Eagles” spending N0.606bn in 2012 up from N63m in 2011.

Expense on newspapers, books and periodicals (excluding CBN’s publications) is N1.678 billion in 2012 up from N1.670bn in 2011,


From: http://www.punchng.com/news/the-frcns-report-on-sanusi/
Re: APC Matters In Pictures by anonimi: 1:17pm On Jul 05, 2015
Re: APC Matters In Pictures by anonimi: 4:32pm On Jul 06, 2015
Re: APC Matters In Pictures by anonimi: 5:28pm On Jul 06, 2015
Re: APC Matters In Pictures by anonimi: 7:12pm On Jul 07, 2015
Re: APC Matters In Pictures by anonimi: 1:14pm On Jul 10, 2015
Re: APC Matters In Pictures by anonimi: 8:54am On Jul 15, 2015
Re: APC Matters In Pictures by anonimi: 9:20am On Jul 15, 2015
Re: APC Matters In Pictures by anonimi: 5:38pm On Jul 17, 2015
Re: APC Matters In Pictures by anonimi: 9:44am On Jul 19, 2015
Re: APC Matters In Pictures by anonimi: 2:38pm On Jul 23, 2015
Re: APC Matters In Pictures by anonimi: 4:08am On Jul 29, 2015
Re: APC Matters In Pictures by mensdept: 4:11am On Jul 29, 2015
I guess it actually is a ZOO after all
Re: APC Matters In Pictures by anonimi: 11:53am On Jul 29, 2015
Firefire:
I am really worried about the increasing death toll... cry

Buhari said: “If you elect me as the President of Nigeria on February 14 (now March 28), I am assuring you that our government will chase Boko Haram out of Nigeria within two months because it is the responsibility of any reasonable government to secure the lives and property of its citizens.”

http://thenationonlineng.net/polls-campaign-promises-great-expectations/
Re: APC Matters In Pictures by anonimi: 12:05pm On Jul 29, 2015
Re: APC Matters In Pictures by anonimi: 4:59pm On Aug 02, 2015
Re: APC Matters In Pictures by anonimi: 1:17pm On Aug 04, 2015
Re: APC Matters In Pictures by anonimi: 1:42pm On Aug 04, 2015
Re: APC Matters In Pictures by anonimi: 10:35am On Aug 06, 2015
Re: APC Matters In Pictures by anonimi: 3:24pm On Aug 06, 2015
[size=14pt]N10.8b Lagos funds released[/size]
2007-07-24






LAGOS State won yesterday its four- year battle for its seized local government funds. The struggle ended quietly, with the President directing the Accountant-General of the Federation to immediately release the N10.829,527,300.43 (N10.8 billion) withheld by the Obasanjo administration.

The amount to be remitted, however, falls short of the state’s expectation.

The fund, which had been subject of court cases and mediation, was withheld by the past administration, following the creation of 36 new local governments in Lagos State.

The insistence of the state not to yield to the directive of the Federal Government to cancel the new local governments attracted the withholding of funds meant for the 20 existing local governments.

At the height of the tussle, the state reversed the creation of the local governments but this did not appease the former president, Chief Olusegun Obasanjo, who was bent on holding back the funds, even with the Supreme Court’s pronouncement that the money be released.

The seizure of the fund, according to former Lagos State Governor Bola Tinubu caused untold hardship.

President Umaru Yar’Adua’s directive to the Accountant-General yesterday, according to presidential spokesman Olusegun Adeniyi, follows his (the President’s) consultations within the agencies and institutions of the government.

He was also quick to add that the amount to be remitted fell short of what Lagos was demanding.

Explaining the difference, Adeniyi said: "the Federal Government is paying the exact amount withheld, excluding interest, as demanded by the state government.

"Lagos was asking for interest, which is not going to be granted because the money was not put into an interest-yielding account. But the important thing is that the President sought the opinions of all the relevant ministries on whether it is legal to hold this money and they all said that it is illegal. So, why do we hold on to it?"
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Yesterday’s release of withheld local council funds by the Federal Government brought to an end a constitutional impasse.

The Federal Government under the leadership of former President Obasanjo in 2003 withheld allocations to the 20 local governments following the creation of additional 37 council areas and elections into them on March 29, 2003.

The Federal Government cited unconstitutional recognition of the additional council areas as well as failure by the state government to revert to the 20-council structure for with holding the funds.

The Tinubu administration got victory at the Supreme Court, which ordered the government at the centre to pay even as the court saw nothing unusual in its judgement in the change of nomenclature of the new councils to Local Government Development Areas (LGDAs).

While the impasse was on, the committee of Yoruba Elders, led by former Attorney-General and Justice Minister Prince Bola Ajibola, intervened to broker truce after the seized monthly allocation had accumulated to more than N34 billion.

In February 2006, the Federal Government released N20 billion to Lagos State, which was paid in two tranches. The money was shared among the 20 councils listed in the constitution.

The N20 billion left the councils with a balance of N14 billion, which the Federal Government did not release.

Tinubu advised the council authorities to give preference to public school rehabilitation, health care delivery and roads.

Tinubu in May 2006, described the action of the Federal Government as "inhuman".

He said: "The council funds have not been paid. It is over N14 billion. It is illegally in the possession of the Federal Government. It is creating savings by force. This is in gross violation of the Supreme Court ruling and the agreement by the elders.

‘But we are moving on; we will continue to govern our state with serious commitment and the values we believe in. We will get back the money. It is due to us. They are just keeping it. Anytime the President likes, he will pay.

So, it is inhuman, to further keep the money, not only because it is illegal, it is denying those innocent people, children, very poor people, the right to their money. It is a matter of conscience."

More from: http://www.thenationonlineng.net/archive2/tblnews_Detail.php?id=26054
Re: APC Matters In Pictures by anonimi: 4:37pm On Aug 11, 2015
Obasanjo shared $74million Halliburton bribe, Okiro Panel says: • OBJ also pocketed another $5 million with PDP • Interim Panel report disappeared in Aso Rock
MAY 18, 2010


President Olusegun Obasanjo, who led Nigeria from 1999-2000, during which time he swore to fight corruption in the country, obtained considerable helpings of the infamous Haliburton bribe money, the Special Investigation Panel headed by Inspector-General of Police, Mike Okiro, has declared in an interim report.

President Olusegun Obasanjo, who led Nigeria from 1999-2000, during which time he swore to fight corruption in the country, obtained considerable helpings of the infamous Haliburton bribe money, the Special Investigation Panel headed by Inspector-General of Police, Mike Okiro, has declared in an interim report.

According to the document, which was submitted to President Umaru Yar’Adua in May last year by Mr. Okiro, Obasanjo shared the sum of $74 million USD between 2000 and 2001 with his Vice-President, Atiku Abubakar, as well as Funsho Kupolokun and Gaius Obaseki, who were successive heads of the Nigeria National Petroleum Corporation during the government’s early years.



[img]http://247nigerianewsupdate.co/wp-content/uploads/2013/01/yaradua-and-obasanjo.jpg[/img]



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