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Nairaland Forum / Nairaland / General / Politics / Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account (3375 Views)
Budget Not Missing, President Buhari Secretly Withdrew It - Sahara Reporters / Presidency Denies Plans Of Sharing $1.7 Billion From Excess Crude Account / Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account (2) (3) (4)
Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by Nobody: 11:40pm On Jun 29, 2015 |
From November 2014, about $2.1billion was withdrawn from Nigeria's excess crude account without the approval of the National Economic Council, NEC. This was revealed by the National Economic Council (NEC) inaugurated by President Muhammadu Buhari today at the State House, Abuja. Other atrocities committed under the watch of President Goodluck Jonathan's administration include the following: Nigerian National Petroleum Corporation, NNPC, generated about N8.1trillion between 2012 and May 2015, but paid only N4.3trillion to the federation account. The balance of the oil money — about N3.8trillion — was withheld and spent by the NNPC unilaterally without approval or National Assembly appropriation. President Muhammadu Buhari on Monday vowed to compel all income generating agencies including the Central Bank of Nigeria, CBN, and NNPC to comply with stipulated Financial Regulations and Administrative Instructions regarding remittances into the Federation coffers. The President gave the assurance on Monday while inaugurating the National Economic Council (NEC) at the State House, Abuja. The Council comprises of the 36 state Governors and CBN Governor and is statutorily chaired by the Vice President in line with the provision of Third Schedule, Part I, Section 153: Sub section (18 & 19) of the 1999 Constitution as amended. The Council on Monday set a four-man Committee to investigate the state oil company, NNPC over the missing N3.8trillion. Mr. Oshiomhole, who, alongside the governors of Kaduna state governor, Nasir El-Rufai, and Zamfara governor, Abdulazeez Yari, told journalists that following the discovery, the NEC has set up a four- member committee to comb the books of the NNPC to confirm its remittances and how the excess crude account was utilised. Mr. Oshiomhole said Monday’s meeting was the first time the NNPC and the office of the Accountant General of the Federation, briefed the National Economic Council, as directed by President Muhammadu Buhari. The governor said Mr. Buhari “compelled” the NNPC to provide information in “black and white” on issues relating to the total sales of Nigeria’s crude oil from 2012 to May 2015. "What we saw from those numbers I believe that Nigerians are entitled to know, is that whereas the NNPC claimed to have earned N8.1 trillion, what NNPC paid into the federation account from 2012 to May 2015 was N4.3trillion", the governor said. “What it means is that NNPC withheld and spent N3.8 trillion. “The major revelation here is that for the entire federation — that is the federal government, the states and all the 774 local governments — the amount the NNPC paid into the federation account for distribution to this three tiers of government came to N4.3 trillion and NNPC alone took and spent N3.8 trillion. Which means the cost of running NNPC is much more than the cost of running the Federal Government. That tells you how much is missing, what is mismanaged, what is stolen, they are huge figures.” http://elombah.com/detail.php?world=33580 |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by glimpse33(m): 11:43pm On Jun 29, 2015 |
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Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by OduaVanguard: 11:43pm On Jun 29, 2015 |
Na part of that money them blow on election campaign. Who can forget how GEJ and his cronies were Blowing Money Fast, in dollars, during the campaigns. Smh. 4 Likes 1 Share |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by Olamitisoji(m): 11:49pm On Jun 29, 2015 |
500billion i smell lies 1 Like |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by Karlman: 11:58pm On Jun 29, 2015 |
You people should stop distracting us from focusing on our incoming president buhari Yes incoming until he gets to work 5 Likes |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by Maczeelly(m): 12:10am On Jun 30, 2015 |
Hmmm |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by thunderrider: 12:13am On Jun 30, 2015 |
Issokay |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by signz: 12:26am On Jun 30, 2015 |
Let's wait for next 3 months then |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by yhemsy62(m): 4:21am On Jun 30, 2015 |
May God see us through three month is not far |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by Rilwayne001: 4:26am On Jun 30, 2015 |
Patience Jonathan will surely carry food to him in prison. 3 Likes 1 Share |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by Pangea: 4:27am On Jun 30, 2015 |
All hail the Nobel Peace prize nominee! 2 Likes |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by 400billionman: 4:54am On Jun 30, 2015 |
Fact finding dullardinhos. I pray this dispensation/ regime achieves something apart from witch hunt. 3 Likes |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by elijahsinto(m): 4:59am On Jun 30, 2015 |
God Bless Nigeria |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by Pangea: 5:00am On Jun 30, 2015 |
400billionman: Don't worry Things will start working after all the witches and wizards that destroyed our economy are safely locked away! Hence the witchhunt must continue! Go on , Sai Baba 1 Like |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by engrlarex(m): 5:09am On Jun 30, 2015 |
any Jonathan aide wey no make am during his administration no go make am for hin life. |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by lunaticfringe: 5:13am On Jun 30, 2015 |
This mofo's should let Jonathan be and get on to governing the country. The cheerleading is getting out of hand... 2 Likes |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by baby124: 5:33am On Jun 30, 2015 |
lunaticfringe:Where is the money to get on with the country. Should they use air to run the country or you have some money you can borrow them. If you don't have any of the above, keep your dirty mouth shut 4 Likes |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by CSTR2: 5:38am On Jun 30, 2015 |
baby124:I am sure you are quick to believe this lie as if you have no brain. If the tables were turned against buhari, people like you will term it "taniod hating". Tell your buhari to start work and stop disturbing us. Let him arrest jonathan if he can. If not, then he should stop blowing hot air. |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by tucky200(m): 5:46am On Jun 30, 2015 |
Jonathan was a scam !!! Anybody wey tok say jona deserve peace ambassador,the thunder wey go strike am dey do press up for mountain kilimanjaro........ Olamitisoji:See mumu...we talking abt someone that spent trillions on campaign u here spewing trash 3 Likes |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by otokx(m): 5:50am On Jun 30, 2015 |
The courts are open, EFCC is there, investigations should be made and then due process followed. |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by lunaticfringe: 5:53am On Jun 30, 2015 |
baby124: You don't tell me to shut up biatch... The morons should get to work. First it was that Jonathan left an empty treasury but we all know what happened with that accusation. I suggest you be open minded and stop swallowing whatever poo these imbeciles keep feeding you type... 1 Like |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by lunaticfringe: 5:53am On Jun 30, 2015 |
baby124: You don't tell me to shut up biatch... The morons should get to work. First it was that Jonathan left an empty treasury but we all know what happened with that accusation. I suggest you be open minded and stop swallowing whatever poo these imbeciles keep feeding your type... |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by adamskutty(m): 5:55am On Jun 30, 2015 |
Goatlack Jonathan has killed us. |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by adamskutty(m): 5:58am On Jun 30, 2015 |
Lalasticlala. |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by vedaxcool(m): 6:00am On Jun 30, 2015 |
We can all see why aregbe cannot pay salary. Ole ole ole na imm dey just do all thru. |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by vedaxcool(m): 6:02am On Jun 30, 2015 |
lunaticfringe: you should have told GEJ to leave our money now #bringbackourmoney |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by SUBMARINE: 6:07am On Jun 30, 2015 |
IbnSultaan: When a man is confused on what to do, LAMENTATION & EXCUSES become his watchwords OP pray not to be As Confused as Buhari |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by lunaticfringe: 6:12am On Jun 30, 2015 |
vedaxcool: Maybe we start with obasanjo and atiku.... Tell them to bring the country's money back... Kai why are Nigerian's so Gullible |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by Christoskurion: 6:13am On Jun 30, 2015 |
These people! When you are still running a whole nation as a private enterprise without a single achievement,yet,you are busy criticizing a man who has done so much for this nation. Continue your campaign for with time,you will know that Nigeria has grown bigger than you think. |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by MalcoImX: 6:18am On Jun 30, 2015 |
GEJ no dey take eye see money. He must carry am. Thank God him down leave. That man's aim was to destroy this country. |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by mistabiola: 6:20am On Jun 30, 2015 |
Re: Goodluck Jonathan Secretly Withdrew N500 Billion From Excess Crude Account by lolaxavier(m): 6:23am On Jun 30, 2015 |
Chisos...adonbilivit... |
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