Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,861 members, 7,817,543 topics. Date: Saturday, 04 May 2024 at 02:06 PM

FG Denies Operating Excess Crude Account - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Denies Operating Excess Crude Account (11333 Views)

FG Denies Secretly Sharing $4Billion Paris, London Club Money / Okonjo-iweala Exposes What States Got From Excess Crude Account / $20bn Excess Crude Account: Many‘ll Go To Jail After May 29…. Sen. Adeyeye (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: FG Denies Operating Excess Crude Account by Zico5(m): 11:45am On Feb 04, 2015
I
Re: FG Denies Operating Excess Crude Account by agabusta: 11:45am On Feb 04, 2015
Chai, Lawyers and their way of turning things on its head smiley

Hope this line of defence they want to chart will not put them in more heat.

Well, that is good for the 'Change movement!

2 Likes

Re: FG Denies Operating Excess Crude Account by patrickmuf(m): 11:46am On Feb 04, 2015
This one is just too glaring...Jonathanians please fear God, see what your principal is making of you all...Insulting our common sensibilities...

5 Likes 1 Share

Re: FG Denies Operating Excess Crude Account by olas24u(f): 11:49am On Feb 04, 2015
..
Re: FG Denies Operating Excess Crude Account by sunayo(m): 11:50am On Feb 04, 2015
Why are you APC supporters all ranting? Tell your governors not to settle out of court. They should provide EVIDENCE, FACTS, that all FG asked for.

Don't you think if the account exist your governors will provide details?

Every month they share excess money on crude instead of saving for raining days. Now that oil price has crashed they are now crying.

1 Like

Re: FG Denies Operating Excess Crude Account by confirm123456: 11:55am On Feb 04, 2015
I think is mistake because they can not tell us that their is account called excess crude account
Re: FG Denies Operating Excess Crude Account by activatenigeria: 11:58am On Feb 04, 2015
Re: FG Denies Operating Excess Crude Account by focus7: 11:59am On Feb 04, 2015
Jonathan government will deny anything including his father's name. Is it not the government that came to deny the APC's allegation of its plan to postpone the election? Is only a fool that still believes the falsehood that has characterised jonathan's government.

5 Likes 1 Share

Re: FG Denies Operating Excess Crude Account by Nobody: 11:59am On Feb 04, 2015
pendy79:
thanks sanchez01 I was about to post that information you uploaded before I saw you've done same.

jonaTAN and his ministers are fraud. the worst and most surprising of them all is Madam Okonjo Iweala, How will she face her former colleagues in the World Bank and stare them in the face after jonaTAN is booted out in May 29, 2015.

Tot Aondoaaka will be the worst Justice Minister Nigeria would ever had, never knew Bello Adoke will surpass him. Same Adoke was deeply involved in the Malabu Oil corruption deal and now he has the effrontery to try to deny a whole ECA.

Are some Nigerians so brainless to wish that GEJ continue as President, How can any sane human being pray for the continuation of this fraud of a Government.

It's obvious all you want to see/hear about this government is bad news, that's why you don't search for truth to confirm before you conclude. who are you to talk about sense when you have none?
Give it up, there's nothing you can do to GEJ with that temporary voters card in your hands.

Settle with your life first man.

4 Likes 1 Share

Re: FG Denies Operating Excess Crude Account by obi4eze(m): 12:02pm On Feb 04, 2015
Zoharariel:


Otueke by land or by sea? grin

Anyhow he wishes to go let him go. We don't care. angry angry angry

1 Like

Re: FG Denies Operating Excess Crude Account by Youngzedd(m): 12:02pm On Feb 04, 2015
Sanchez01:
JESUS! No excess crude account ke Someone please tell me I'm still in Nigeria shocked shocked shocked shocked





Source : http://www.mynewswatchtimesng.com/jonathan-not-squander-excess-crude-account-foreign-reserves-finance-ministry/


Na Mars we dey Oooooo.

1 Like

Re: FG Denies Operating Excess Crude Account by PassingShot(m): 12:03pm On Feb 04, 2015
Jonathan is the worst president this country has ever known. He is in contention for the world's most useless president.

May those who support this administration in its determination to wreck Nigeria live to regret their decision.

2 Likes

Re: FG Denies Operating Excess Crude Account by kokosheen(m): 12:04pm On Feb 04, 2015
The entire economic management team are already gearing up to handover. I'm sure they're hoping GMB stays true to his word not to pursue past corruption cases - for this scale of theft/stealing (not corruption), GMB would not be breaking his word if he chases them to the north pole since stealing is not corruption.

1 Like

Re: FG Denies Operating Excess Crude Account by pendy79: 12:04pm On Feb 04, 2015
imoleay0:


It's obvious all you want to see/hear about this government is bad news, that's why you don't search for truth to confirm before you conclude. who are you to talk about sense when you have none?
Give it up, there's nothing you can do to GEJ with that temporary voters card in your hands.

Settle with your life first man.

are you alright?

6 Likes

Re: FG Denies Operating Excess Crude Account by obi4eze(m): 12:05pm On Feb 04, 2015
sunayo:
Why are you APC supporters all ranting? Tell your governors not to settle out of court. They should provide EVIDENCE, FACTS, that all FG asked for.

Don't you think if the account exist your governors will provide details?

Every month they share excess money on crude instead of saving for raining days. Now that oil price has crashed they are now crying.

Oga the governors (even those from PDP) went to court because there was depletion in the ECA and they felt they were cheated. They dont trust the President. His credibility is at stake.

6 Likes

Re: FG Denies Operating Excess Crude Account by PassingShot(m): 12:05pm On Feb 04, 2015
imoleay0:


It's obvious all you want to see/hear about this government is bad news, that's why you don't search for truth to confirm before you conclude. who are you to talk about sense when you have none?
Give it up, there's nothing you can do to GEJ with that temporary voters card in your hands.

Settle with your life first man.


With comments like this from this useless thing, you have to give up on Nigeria with Mr. Jonadunce as the president.

7 Likes

Re: FG Denies Operating Excess Crude Account by Jowonloju(m): 12:08pm On Feb 04, 2015
let us see the NNPC Report! i guess they have an issue to cover up.

1 Like

Re: FG Denies Operating Excess Crude Account by dammytosh: 12:09pm On Feb 04, 2015
Yes they are right.

When an account is in red, it is as good as a closed account.


They have finished spending the gadamn billion and Presido does not give a damn. grin grin grin grin grin

8 Likes 1 Share

Re: FG Denies Operating Excess Crude Account by amobii: 12:11pm On Feb 04, 2015
Never believe this man GEJ can go this length, after I had no shoe campaign that time, was thinking things would be a bit better more than before, but the clock is backward. How come an incumbent president would be stressing so hard for re-election, it's obvious that every angle you look into in that government is corrupt. So Sorry for situations we are in right now, may God see us thru.

3 Likes

Re: FG Denies Operating Excess Crude Account by fandango: 12:13pm On Feb 04, 2015
As far as am concerned,the Federal Government,the 36 states and 774 councils all share from the excess crude account. The opposition delibrately lied when when giving impression that the "Federal Government squandered" the money,knowing full well that the money is shared by all tiers of Government. It was public knowledge that the governors went to court seeking a declaration that the excess crude account is illegal.
However to address the power crisis in the country,the National Economic Council,made up of all governors and chaired by the vice-president,agreed that the sum of $4.6bn be withdrawn from excess crude acount to finance the National Integrated Power Projects(NIPP),Niger Delta Power Projects, amd Mambilla Power Projects. This was widely reported in the media. This can not be classified as squandering,except we have become cynical that any government expenditure at all-including paying salaries -amounts to squandering.
Felow NLs check the source of the news and alegation its NATION and opposition. They are ill wind that blows nobody goods.
Re: FG Denies Operating Excess Crude Account by HopeAtHand: 12:14pm On Feb 04, 2015
NFFLAWS:
That's why GEJ rejime is worst. N30tn embezzled. And u say make I vote pdp. I rather turn muslim dan to vote Goodluck!

Lolzz...If u see Tawa nyash, u go turn muslim Sharpaly..
Re: FG Denies Operating Excess Crude Account by blaqship: 12:25pm On Feb 04, 2015
This is unacceptable
Re: FG Denies Operating Excess Crude Account by nigerhead(m): 12:30pm On Feb 04, 2015
fandango:
As far as am concerned,the Federal Government,the 36 states and 774 councils all share from the excess crude account. The opposition delibrately lied when when giving impression that the "Federal Government squandered" the money,knowing full well that the money is shared by all tiers of Government. It was public knowledge that the governors went to court seeking a declaration that the excess crude account is illegal.
However to address the power crisis in the country,the National Economic Council,made up of all governors and chaired by the vice-president,agreed that the sum of $4.6bn be withdrawn from excess crude acount to finance the National Integrated Power Projects(NIPP),Niger Delta Power Projects, amd Mambilla Power Projects. This was widely reported in the media. This can not be classified as squandering,except we have become cynical that any government expenditure at all-including paying salaries -amounts to squandering.
Felow NLs check the source of the news and alegation its NATION and opposition. They are ill wind that blows nobody goods.


Chairman, the majority of the governors are PDP governors and not "opposition governors". The Federal goverment cannot in one breath tell us that they are sharing money from an "Excess Crude Account", then now go to court and say there is no such excess crude account.

4 Likes

Re: FG Denies Operating Excess Crude Account by blank(f): 12:34pm On Feb 04, 2015
The FGN is trying to be smart. They have renamed the account to be Sovereign Wealth Fund and this has constitutional backing. It's just a play on semantics. The 1b was withdrawn from the ECA to fund the SWF. These governors are the reason why we don't have much savings from the high price of crude. Hungry and selfish things.
Re: FG Denies Operating Excess Crude Account by gabrol(m): 12:34pm On Feb 04, 2015
This is hilarious, cant believe it. ECA not in existence. This FG is a monumental fraud. Pls mod move this thing to joke section.

2 Likes

Re: FG Denies Operating Excess Crude Account by noblementor: 12:38pm On Feb 04, 2015
Leave GEJ alone!!!

Re: FG Denies Operating Excess Crude Account by Nobody: 12:41pm On Feb 04, 2015
pendy79:


are you alright?
Why don't you ask people close to you if you are alright?

1 Like 1 Share

Re: FG Denies Operating Excess Crude Account by Nobody: 12:42pm On Feb 04, 2015
This government sef
Re: FG Denies Operating Excess Crude Account by a4jasper(m): 12:43pm On Feb 04, 2015
noblementor:
Leave GEJ alone!!!
hey, dumbo....face d issues raised above & leave Gmb out of this. And if this so called dictator will bring sanity to our dear country, then I'll vote him a million times over that hypocritical-silent corrupt driven otuoke man...saTANs take note

4 Likes

Re: FG Denies Operating Excess Crude Account by chukel(m): 12:45pm On Feb 04, 2015
this goes to show we have fraudsters in government. unrepentant ones at that. nothing good comes out of this administration. for anything clothed as good or nice by this administration, believe me, stripping it naked will reveal horrifying things. when we look into the amounts plunged in the so called aviation reform, railway reform, the few rehabilitated roads, u will pass into a comatose state. change is overdue. the clock is ticking. elections must hold on 14th. we must decide and we must tell these thieves that power belongs to God and that the voice of the people is the voice of God. our vote is our power.

2 Likes

Re: FG Denies Operating Excess Crude Account by Nobody: 12:47pm On Feb 04, 2015
PassingShot:



With comments like this from this useless thing, you have to give up on Nigeria with Mr. Jonadunce as the president.

...as if you matter, I know how you low lifers operate, hiding behind internet to type what you can't say.
Why don't you work on yourself first before you start insulting a sitting president?


Eranko lasan lasan.

2 Likes 1 Share

Re: FG Denies Operating Excess Crude Account by AIZubair(m): 12:50pm On Feb 04, 2015
God! Please save thy Nation from Jonathan.
http://www.investopedia.com/terms/e/excess-crude-account.asp
Change we need.
Sai buhari!!!

2 Likes

(1) (2) (3) (Reply)

Gov Election 2023: Ogun NNPP To Sue INEC For Omitting Party’s Name / Melaye Calls For Election Boycott By Opposition / Fela Durotoye Is A.n.n Presidential Candidate Not Olawepo Gbenga Hashim

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 41
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.