OK

V

[size=24pt]APC continue to see money stolen without seeing while their eyes are open to any existing laudable project even when the projects are surrounding them. What a level of destruction by selfishness and guest for power. [/size]

In fact, the rate at which the money is being siphoned in this country call for begging before things get out of hands. Is the presidency so powerful that they could just squander money running to billions of naira anyhow. Is other arms of government not functioning again. Something needs to be done before this man ruin the remain of this country. I know this is true cos no one could see the reflection of what they ve done for 6 years running. The fate of Nigeria before May 29 is not sure.

Gej is a virus that penetrated and destroy the immunity of every sector of the nigerian govt , it can no longer tackle infections like insecurity, unemployment, lack o f electricity etc. An anti virus that been tested, proven, and trusted in the late 80s ,90s and still active today has been remembered and it will be auction on 28th of next month there4 use ur PVC smartly to purchase, store it and use untill all the infection unleashed by gej is treated and no new cases reported.

Season of accounting

Buhari is a terrorist
Apc Is bokoharam
Gej till 2019

Its a matter of 4weeks and all dis OPC or wah ever dey call dia sef will keep shot 4 ever!

GEJ till 2000 and 4ever

I just hate APC with persion, useless party

Who is APC that the Federal Government should be answerable to? Wait till you are in government ( God forbid ) before you question the accounts and the spendings. Or has the moles in government been leaking classified documents to you again?. Stella Odua comes to mind.

praxisnetworks:
Nope it seems you Nigerians are always in love with your oppressors....with money missing left right and centre...all you can type is this gibberish!

...and they want to vote for continuation of missing monies Part 2 Session 1.

They are suffering and smiling and still want to vote for continuation of their sufferings and smilings. Most times, people are the harbinger of their downfalls.

praxisnetworks:
The Presidential Campaign Organisation of the All Progressives Congress has challenged the Federal Government and the Nigerian Maritime Administration and Safety Agency to account for the $800 million and N50 billion of the Cabotage Vessel Finance Fund.

The APC campaign said NIMASA had control of the funds until recently when the “fund” became unaccounted for.

This was contained in a statement signed by the campaign’s Director of Media and Publicity, Malam Garba Shehu in Abuja, on Tuesday.

He explained that the “fund” was money derived as two per cent surcharge for all contracts under the Cabotage regime which came into force in 2004 by the virtue of the Coastal and Inland Shipping Act (Cabotage) 2003.

Shehu said the Cabotage Act, which was closely modelled after the United States of America’s Jones Act 1938, was to help develop the capacity and participation of indigenous ship owners in coastal inland trade which was largely dominated by foreigners.

He, however, said that till date the objective is yet to be achieved as seen in the depleted Indigenous Ship Owners Registry, the mass unemployed Nigerian Seafarers, and the prevalence of foreign interests in the Nigerian coastal waters.

The statement partly read “Instead, the Cabotage regime breeds corruption, ranging from request of inducement and gratification from foreign ship owners through their agents for waivers processing by NIMASA and approval of the Federal Ministry of Transport by some top workers of the agency to the disappearance of the CVFF Fund meant to be accessed by the Nigerian ship owners.

“The website of the Nigerian Ship Owners Association shows that 90 per cent of its 78 registered ship owners are on the brink of extinction as they are submerged in debts without the necessary CVFF to access.”

Shehu, also said that Nigerians deserve to know what happened to the money accumulated under the CVFF Fund amounting to some $800m and N50 billion respectively that the agency should make public the list containing names of beneficiaries and amounts from the “fund” if any.







http://www.punchng.com/politics/apc-asks-fg-to-account-for-800m-fund/

The last time I checked, APC stands for All Peoples Congress aka Association of Past PDP Criminals. Sice when did they become auditors of the Federation Account?

realGURU:
Gej is a virus that penetrated and destroy the immunity of every sector of the nigerian govt , it can no longer tackle infections like insecurity, unemployment, lack o f electricity etc. An anti virus that been tested, proven, and trusted in the late 80s ,90s and still active today has been remembered and it will be auction on 28th of next month there4 use ur PVC smartly to purchase, store it and use untill all the infection unleashed by gej is treated and no new cases reported.

WATCH CAREFULLY, SHINE YOUR EYES

Federal government you also ask APC To reveal were buhari is admitted in the hospital simple

Meanwhile, they have used ogboju, threat of violence & forming a parallel government to bury Buhari's certificate issue.

These are the people who were forming "issue based" campaign before. Talking of integrity & anti-corruption.

PDP is bad, APC is worse.

clutching at straws

Why didn't they say it is missing?

on point...

Burger01:


...and they want to vote for continuation of missing monies Part 2 Session 1.

They are suffering and smilings and still want to vote for continuation of their sufferings and smiling. Most times, people are the harbinger of their downfalls.

All Progressive Confidence party.




I'll soon give u a vote of No confidence.

praxisnetworks:
The Presidential Campaign Organisation of the All Progressives Congress has challenged the Federal Government and the Nigerian Maritime Administration and Safety Agency to account for the $800 million and N50 billion of the Cabotage Vessel Finance Fund.

The APC campaign said NIMASA had control of the funds until recently when the “fund” became unaccounted for.

This was contained in a statement signed by the campaign’s Director of Media and Publicity, Malam Garba Shehu in Abuja, on Tuesday.

He explained that the “fund” was money derived as two per cent surcharge for all contracts under the Cabotage regime which came into force in 2004 by the virtue of the Coastal and Inland Shipping Act (Cabotage) 2003.

Shehu said the Cabotage Act, which was closely modelled after the United States of America’s Jones Act 1938, was to help develop the capacity and participation of indigenous ship owners in coastal inland trade which was largely dominated by foreigners.

He, however, said that till date the objective is yet to be achieved as seen in the depleted Indigenous Ship Owners Registry, the mass unemployed Nigerian Seafarers, and the prevalence of foreign interests in the Nigerian coastal waters.

The statement partly read “Instead, the Cabotage regime breeds corruption, ranging from request of inducement and gratification from foreign ship owners through their agents for waivers processing by NIMASA and approval of the Federal Ministry of Transport by some top workers of the agency to the disappearance of the CVFF Fund meant to be accessed by the Nigerian ship owners.

“The website of the Nigerian Ship Owners Association shows that 90 per cent of its 78 registered ship owners are on the brink of extinction as they are submerged in debts without the necessary CVFF to access.”

Shehu, also said that Nigerians deserve to know what happened to the money accumulated under the CVFF Fund amounting to some $800m and N50 billion respectively that the agency should make public the list containing names of beneficiaries and amounts from the “fund” if any.







http://www.punchng.com/politics/apc-asks-fg-to-account-for-800m-fund/

What is wrong with APC with their lies


The 20billion dollar in no longer working

Now they come up with this propaganda


May Ogun punish all of them

It is obvious that APC has lost traction hence the resolve to sheer propaganda.
Nigerians are wiser than they used to be. APC must stop distorting the moving train of transformation in Nigeria.

lilrapbot:
I love this

Are you gay?

Who the hell do APC think they are and who gave them the stinking right to demand for account. Are they the only opposition party in Nigeria or is it because they feel they can just open their mouth and vomit trash. Rubbish!!! GEj till God decides the next leader. The money is our own, are we complaining? No!

Let's keep politics aside, if such monies were not accounted for in the past, I think its a good call by the APC. This is the kind of things we expect from them. Keep the rulling party in check.

shameless Apc.
we that are not in Africa,knows that APC is not progressive,but "All Perilous Cabals".

Zico5:
In fact, the rate at which the money is being siphoned in this country call for begging before things get out of hands. Is the presidency so powerful that they could just squander money running to billions of naira anyhow. Is other arms of government not functioning again. Something needs to be done before this man ruin the remain of this country. I know this is true cos no one could see the reflection of what they ve done for 6 years running. The fate of Nigeria before May 29 is not sure.

Another blind APC e-bat. Please go and educate yourself about your country and stop listening to lies and propaganda.

Charity they say begins at home. Let's start from home.....

Ask APC to explain to NIGERIANS why 1km road costs 1billion naira in Lagos state.


Is the road made of gold or diamond?


See pot calling kettle black

but we haven't been clarified on buhari's health/certificate... abeg deal wit this problem first before we bou missing funds