praxisnetworks:
I'm a senseless APC e-rat

lovat:
I'm a single dad already so go to hell. Anumanu

praxisnetworks:
Good. Expect your kids to also tell you go to hell like you tell your father.

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

Missing is our Official Language.

Our girls are missing

Our money is missing

Our oil is missing

Presently our government is missing the road.

We need Change

We need Buhari

All missing funds and girls will be discover.

lovat:
go and sell expired USB and flash you use in duping people in computer village. Stupid boy. Wasted sperm

camplenigeria:


When you criticize GEJ's govt and end your argument with a support for Buhari, it makes it lost its credibility. In any civilised society, people don't consider a coupist and dictator like Buhari as an option to any kind of problem of governance.

tayolove12:
Ask fashola to account for his own debt in lagos state

menesheh:
More still coming up


Propaganda and lies

APC party of lies, ingrates and desperation

praxisnetworks:
who says you should not ask him...by all means do! But this $20 billion report must be made public because its a public account and the FOI bill is very much operative. in fact it must contain the signature and stamped/seal of the audit firm.

tayolove12:


Why yu people talk like this lagos own is not public account abeg if yu have better story yawn me make hear

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/

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.



Were is Buhari?



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