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Treasury Single Account Is A Fraud, Says Fayose - Politics (3) - Nairaland

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Re: Treasury Single Account Is A Fraud, Says Fayose by mazeltov(m): 6:09pm On Nov 15, 2015
ERAKAMUS:
[s][/s]
truth is bitter, huh?
Re: Treasury Single Account Is A Fraud, Says Fayose by jayriginal: 6:09pm On Nov 15, 2015
On one hand they say the TSA is Jonathan's initiative but now Fayose is calling it a fraud.

Which is it?

I'm curious as to how much time there is left for governance after all this social media circus.

6 Likes 1 Share

Re: Treasury Single Account Is A Fraud, Says Fayose by Cuteamigo1(m): 6:09pm On Nov 15, 2015
this man called fayose. anyways we are waiting and watching who performs better on the state level.

1 Like

Re: Treasury Single Account Is A Fraud, Says Fayose by Nobody: 6:09pm On Nov 15, 2015
wachakuta:
Its a shame how Ekiti state wiv all their Education end up wiv dis Tout as governor


Firstly, what do you mean by "wiv"? And next time, use it's when you want to write the short form of it is.
Re: Treasury Single Account Is A Fraud, Says Fayose by shamecurls(m): 6:11pm On Nov 15, 2015
Fayose is now overtaking Obanikoro in reverse reasoning

5 Likes 1 Share

Re: Treasury Single Account Is A Fraud, Says Fayose by Nobody: 6:13pm On Nov 15, 2015
q

3 Likes 1 Share

Re: Treasury Single Account Is A Fraud, Says Fayose by austinauto(m): 6:15pm On Nov 15, 2015
This is how you no corrupt people, always want to kill great idea, so that they can find a way to steal

4 Likes 1 Share

Re: Treasury Single Account Is A Fraud, Says Fayose by anigbajumo(m): 6:15pm On Nov 15, 2015
mazeltov:
who is an illiterate? Somebody without any school certificate(s) but understands that ''stealing is corruption or A Phd holder who thinks that stealing is not corruption or someone with all his education, couldn't differentiate between a literate and an illiterate ?


If not because Nigeria is an unfortunate country. We all know how Pdp manipulated Ekiti state's election in favour of Fayose. We all know about the soldier and the video tape. We all know that the election that brought him to power was fraudulent. We all know how Pdp used soldiers to trampled on human's right and disfranchised them. No right thinking Nigerian would forgive Pdp administration an had it been that our judiacial wings is functioning, effective and efficient - a slimeball like Fayose suppose to be chilling behind the bar now.
It is saddened that most of our youths knows this and they will still come here to type "fayose my role model"...... imagine an election which the incumbent governor looks back and don't see any police to escort him to pooling unit,where as a common candidate then, (fayose) was escorted to cast his vote with many security personnel and nw open his mouth anyhow to yern rubbish.The man is a shame to entire Yoruba race.

2 Likes

Re: Treasury Single Account Is A Fraud, Says Fayose by arsetalks(m): 6:17pm On Nov 15, 2015
adajiboyy:
Bt wat d heck is wrong wit nigerian youth now.at times I wonder.tis man fayose has said d obvious truth,bt I don't y sum people would stil insult him.any man that insult fayose for stating the the trust,I tink that man needs evaluation,I really tink.fayose thank u for been a voice to millions of nigerians.
What do you regard as the truth? Some idiota coming up with baseless unfounded allegations that are dead on arrival?

1 Like

Re: Treasury Single Account Is A Fraud, Says Fayose by yemmynoni: 6:17pm On Nov 15, 2015
drss:
Buari n APC are d biggest scam of d century!
we knw, next!!!
Re: Treasury Single Account Is A Fraud, Says Fayose by Savages46: 6:18pm On Nov 15, 2015
mazeltov:
who is an illiterate? Somebody without any school certificate(s) but understands that ''stealing is corruption or A Phd holder who thinks that stealing is not corruption or someone with all his education, couldn't differentiate between a literate and an illiterate ?


If not because Nigeria is an unfortunate country. We all know how Pdp manipulated Ekiti state's election in favour of Fayose. We all know about the soldier and the video tape. We all know that the election that brought him to power was fraudulent. We all know how Pdp used soldiers to trampled on human's right and disfranchised them. No right thinking Nigerian would forgive Pdp administration an had it been that our judiacial wings is functioning, effective and efficient - a slimeball like Fayose suppose to be chilling behind the bar now.
. Bros are u from ekiti state? Try to reason b4 u make stewpid comments everybody in ekiti state love Fayose, clear d 16 LG and even all d house assembly and even clear d 16LG for presidential election..... Reason b4 u open ya mouth #justsaying
Re: Treasury Single Account Is A Fraud, Says Fayose by yemmynoni: 6:18pm On Nov 15, 2015
Agimor:
Can anything good come from Ayodele Fayose!
I don't think so

1 Like

Re: Treasury Single Account Is A Fraud, Says Fayose by blackpanda: 6:19pm On Nov 15, 2015
drss:
Monumental fraud is going on under buhari's govt but hypocrisy
of will not led some people see d truth. Hypocrisy is when fraud
taking place under buhari govt, excuses is made for him. Instead
they ar pilling blames on GEJ for d rot taking under buhari 6
months after taking power.
In a bit to show through propaganda dat APC is working, buhari
cluelessly ordered for d transfer of govt funds to TSA without any
form of analysis or scrutiny of d agancy dat will be responsible for
the operation. They huriedly start moving funds as if d banks are
on fire. It will interest you to note dat the reason why TSA was
not fully implemented during GEJ era was because d enabling
invironment was still being put inplace for a hitch free operation of
TSA. One of which is the full implementation of ICT in all govt
ministeries and departments. But Buhari being ICT illiterate never
saw d need for puting stop gap measures to forestall any
leakages. Instead he cluelessly ordered for immediate TSA
implementation. Now dat monumental fruad has been unearthed, they are trying to blame GEJ for their cluelessness.
Stella Oduah bought two bullet proof cars for N200
million, she was crucified but fashola who bought 3 bullet
proof cars for N600 million was celebrated as d best
governor (thief) in nigeria. Not to mention d miracle
website dat cost N78 million.
The hypocrisy in this country stinks to high heavens.
Tufiakwa!!!!!!


Brainless monkey! U didnt even bother to read the post before commenting. Ignorant buffoon!

1 Like

Re: Treasury Single Account Is A Fraud, Says Fayose by Almightytime: 6:19pm On Nov 15, 2015
Good observation by Fayose, 25 billion naira is too much to be given away as commission to one company,however i think Fayose should attend tge meeting and voice out his opinion.
Re: Treasury Single Account Is A Fraud, Says Fayose by fineguy11(m): 6:19pm On Nov 15, 2015
Nellybii:
Lol
This is very much expected.
The TSA is a deadly and ultimate killer blow to corruption in management of government funds.. It is only a sincere Leader that is not interested in not interested in unscrupulous aggrandizement that can be bold enough to go the way of TSA.
Let me state categorically here that based on the political structure of Nigeria today, neither APC nor can subscribe to TSA idea. PMB is the only politician in both camps that can try this stunt. Based on the current structure, states are conveniently run like business empire extensions of the governors. Contract awards and receipients of payments are shrewed in secrecy. Fayose doesn't speak for himself alone obviously. He speaks the minds of most of Nigerian present and past politicians. Fayose cannot do TSA because all the state and LG contracts go to him even supply of sachet water has to be done by him. He is not alone in this boat. In fact he speaks the mind of Nigeria including me. This is because we are corrupt. Doing things normally has now become a taboo. This is so shameful but it is true. Thank God PMB is in charge so we can be forced to start thinking like normal people and not like Nigerians. This is not self defeatism but it is true. Honestly if you travel outside the country you will realize how upside down things are in Nigeria. Corruption is truly here.
Re: Treasury Single Account Is A Fraud, Says Fayose by porka: 6:22pm On Nov 15, 2015
olatunji21:

It is a False alarm sir... The Lawmakers are actually angry, the implementation of the TSA have almost if not incapacitated the MDAs. they barely have funds to maintain their offices talkmore of giving bribes to Legislators on Oversight function....

Are you saying that you agree with 1% going to few stakeholders while 140+m people take 99%?

You mean you don't see anything wrong with that?

You seem not to be bothered about the commission paid so long as it doesn't touch the lawmakers' palms.
Re: Treasury Single Account Is A Fraud, Says Fayose by jomoh: 6:22pm On Nov 15, 2015
maupe:

Without listening to Fayose's opinion, you have already passed judgement on the issue, and have branded who is right and who is wrong. This is the problem with this new administration and its supporters. No policy or idea on this earth, is without its loopholes, side effects and dismerits. let us understand what is right and what is wrong about the TSA, before we declare it a success

Tell us what is wrong about the TSA?

Apart from the software developer's charge of 1% for their service?

If that is the only thing wrong with why not tell the FG to change the software developer or tell the FG to simply remove a 3rd party software.

No one is forcing anybody but the truth is that Fayose has seen the TSA will make governance more transparent than it presently is.

It will be very hard if not impossible to use different ministries to steal unlike the way it used to be.

Whether Fayose likes it or not he will eventually have no choice when the policy is taken to the House to be included in the laws guiding management of government accounts in Nigeria.

4 Likes 1 Share

Re: Treasury Single Account Is A Fraud, Says Fayose by taofeektaiwo(m): 6:23pm On Nov 15, 2015
u r a numskull, so u expect to find "beg" in the news item so how did u summarize in waec
PRYCE:
Look at this Fücking idiot! Where in the entire write up was it stated that Fayose or PDP "Begged"?



How does this amount to begging??

Lots of Lil, Dumb kids on NL... guy don't waste my time again! CHAI!

Well I ain't Surprised. The Dullard's supporters gotta be dull themselves!

2 Likes

Re: Treasury Single Account Is A Fraud, Says Fayose by Ndolarr: 6:24pm On Nov 15, 2015
Fayose, by the above claim, has publicly advertised his ignorance and poor grasp of simple economics! The man is simply dumb and un-intelligent! Now, I believe someone who once said he was a 'below the average' student at polytechnic, Ibadan! He has never reasoned intelligently on any economic issues and his outbursts on political and social issues are so far disappointing and indicative of low intelligence! He has the right to exclude his state from TSA initiative, but he should stop presenting unfounded, beer-parlour rumours as facts! He should respect his office and the well educated people of Ekiti State, please!

13 Likes 2 Shares

Re: Treasury Single Account Is A Fraud, Says Fayose by Nobody: 6:25pm On Nov 15, 2015
centvin008:
Governor Ayodele Fayose of Ekiti state on Sunday declared he was not attending the meeting called by the Federal Government with state governors on the Treasury Single Account, TSA.

Fayose said his decision stems from his belief that the Ekiti state government was not interested in the TSA policy introduced by President Muhammadu Buhari, which, according to him, is a fraud against Nigeria and its people.

The governor said this in a press statement issued by his Special Assistant on Public Communications and New Media, Lere Olayinka.

Fayose asked the Federal Government to rather remove the veil on the face of REMITA, the alleged firm handling the TSA contract, “so that Nigerians can know the real owners, through whom the All Progressives Congress (APC) is siphoning Nigeria money to fund Kogi and Bayelsa states governorship election.”

“From all intent and purposes, this TSA policy is aimed at recouping money spent on the last general elections by the APC, as well as raise money for future elections, especially the Kogi and Bayelsa States gubernatorial poll.

“It is also meant to enrich some individuals for doing virtually nothing and that can be seen from the discovery of N25 billion that already accrued to just a single company in one month!

“How can the Federal Government justify a transaction in which a single company gets one percent, amounting to N25 billion in one month?

“In this economic situation that Nigeria is, shouldn’t the one percent commission have been negotiated downward to like 0.1 percent which would have reduced the N25 billion to N2.5 billion?
Even manufacturing companies, with thousands of employees don’t make N25 billion profit in one month.

“Therefore, what Nigerians are expecting from the Federal Government is explanation on the alleged N25 billion scam already associated with the operation of the TSA, instead of calling state governors to a meeting that is aimed at imposing the TSA policy on the states.”

Governor Fayose said the Federal Government cannot force its policies on states that are federating units in the Nigeria federation.

“Ekiti State is entitled to its own policies and it is not under any obligation to accept Federal Government policies, especially the TSA that is already robed in the garment of fraud.

“I therefore wish to state categorically that Ekiti State is not interested in the TSA policy and since the State is not interested, I, as the custodian of the popular mandate of the entire people of the state will not attend any meeting called by the Federal Government on
the TSA,” he said.

But a recent report which supposedly emanated from the Central Bank of Nigeria, CBN, may have rubbished Fayose’s belief as it was stated that the parent body of REMITA had existed for about 20 years while REMITA, which is not even a company, has been in existence for about 10 years.

The report also showed that REMITA is not solely entitled to the one percent. Other participating banks are to share from the amount.

http://www.pmnewsnigeria.com/2015/11/15/buharis-treasury-single-account-is-a-fraud-says-fayose/
Lalasticlala‎

Can Ekiti State be convinced to just break away already?

After they elect a reasonable government then they can apply to come back.

On another note, what does Ekiti State (not people individually) contribute to Nigerian anyways? Either economically or culturally/historically?
Re: Treasury Single Account Is A Fraud, Says Fayose by Nobody: 6:25pm On Nov 15, 2015
centvin008:
Governor Ayodele Fayose of Ekiti state on Sunday declared he was not attending the meeting called by the Federal Government with state governors on the Treasury Single Account, TSA.

Fayose said his decision stems from his belief that the Ekiti state government was not interested in the TSA policy introduced by President Muhammadu Buhari, which, according to him, is a fraud against Nigeria and its people.

The governor said this in a press statement issued by his Special Assistant on Public Communications and New Media, Lere Olayinka.

Fayose asked the Federal Government to rather remove the veil on the face of REMITA, the alleged firm handling the TSA contract, “so that Nigerians can know the real owners, through whom the All Progressives Congress (APC) is siphoning Nigeria money to fund Kogi and Bayelsa states governorship election.”

“From all intent and purposes, this TSA policy is aimed at recouping money spent on the last general elections by the APC, as well as raise money for future elections, especially the Kogi and Bayelsa States gubernatorial poll.

“It is also meant to enrich some individuals for doing virtually nothing and that can be seen from the discovery of N25 billion that already accrued to just a single company in one month!

“How can the Federal Government justify a transaction in which a single company gets one percent, amounting to N25 billion in one month?

“In this economic situation that Nigeria is, shouldn’t the one percent commission have been negotiated downward to like 0.1 percent which would have reduced the N25 billion to N2.5 billion?
Even manufacturing companies, with thousands of employees don’t make N25 billion profit in one month.

“Therefore, what Nigerians are expecting from the Federal Government is explanation on the alleged N25 billion scam already associated with the operation of the TSA, instead of calling state governors to a meeting that is aimed at imposing the TSA policy on the states.”

Governor Fayose said the Federal Government cannot force its policies on states that are federating units in the Nigeria federation.

“Ekiti State is entitled to its own policies and it is not under any obligation to accept Federal Government policies, especially the TSA that is already robed in the garment of fraud.

“I therefore wish to state categorically that Ekiti State is not interested in the TSA policy and since the State is not interested, I, as the custodian of the popular mandate of the entire people of the state will not attend any meeting called by the Federal Government on
the TSA,” he said.

But a recent report which supposedly emanated from the Central Bank of Nigeria, CBN, may have rubbished Fayose’s belief as it was stated that the parent body of REMITA had existed for about 20 years while REMITA, which is not even a company, has been in existence for about 10 years.

The report also showed that REMITA is not solely entitled to the one percent. Other participating banks are to share from the amount.

http://www.pmnewsnigeria.com/2015/11/15/buharis-treasury-single-account-is-a-fraud-says-fayose/
Lalasticlala‎

fayose is sick. Im sure he didnt get briefing yet about "remita". Remita was contracted by Gej government. The directors are mainly Igbos and 2 yoruba partners.

4 Likes 1 Share

Re: Treasury Single Account Is A Fraud, Says Fayose by porka: 6:25pm On Nov 15, 2015
arsetalks:
What do you regard as the truth? Some idiota coming up with baseless unfounded allegations that are dead on arrival?

You don't think this allegations have any merit?

Why then did they ask them to make refund as reported?
Re: Treasury Single Account Is A Fraud, Says Fayose by porka: 6:28pm On Nov 15, 2015
theshield:


fayose is sick. Im sure he didnt get briefing yet about "remita". Remita was contracted by Gej government. The directors are mainly Igbos and 2 yoruba partners.


He spoke about the commission being charged, do you think 1% is fair?
Re: Treasury Single Account Is A Fraud, Says Fayose by kennycalls(m): 6:31pm On Nov 15, 2015
if TSA is a fraud, then fayose is a fraudster

1 Like 1 Share

Re: Treasury Single Account Is A Fraud, Says Fayose by porka: 6:33pm On Nov 15, 2015
Ndolarr:
Fayose, by the above claim, has publicly advertised his ignorance and poor grasp of simple economics! The man is simply dumb and un-intelligent! Now, I believe someone who once said he was a 'below the average' student at polytechnic, Ibadan! He has never reasoned intelligently on any economic issues and his outbursts on political and social issues are so far disappointing and indicative of low intelligence! He has the right to exclude his state from TSA initiative, but he should stop presenting unfounded, beer-parlour rumours as facts! He should respect his office and the well educated people of Ekiti State, please!

How is it unfounded?

Why did they ask for refund of already deducted money?

Why did the company make the refund?
Re: Treasury Single Account Is A Fraud, Says Fayose by Nobody: 6:41pm On Nov 15, 2015
porka:



He spoke about the commission being charged, do u think 1% is fair?

the percentage is not fair but Fayose didnt understand it. He thought PMB contracted them. BUT PMB ERROR TO ALLOW SUCH TRANSACTIONS BUT LETS NOT FORGET THAT PDP/IGBO GROUP ALWAYS CRY OF DICTATORSHIP WHENEVER PMB CHANGE OR TERMINATE CONTRACTS THAT WERE INITIATED BY GEJ.

1 Like

Re: Treasury Single Account Is A Fraud, Says Fayose by Adesiji77: 6:42pm On Nov 15, 2015
Ndolarr:
Fayose, by the above claim, has publicly advertised his ignorance and poor grasp of simple economics! The man is simply dumb and un-intelligent! Now, I believe someone who once said he was a 'below the average' student at polytechnic, Ibadan! He has never reasoned intelligently on any economic issues and his outbursts on political and social issues are so far disappointing and indicative of low intelligence! He has the right to exclude his state from TSA initiative, but he should stop presenting unfounded, beer-parlour rumours as facts! He should respect his office and the well educated people of Ekiti State, please!

LOL
Re: Treasury Single Account Is A Fraud, Says Fayose by sademola: 6:51pm On Nov 15, 2015
This guy seem not to know what he's talking about. Whose regime started TSA?
Re: Treasury Single Account Is A Fraud, Says Fayose by miqos02(m): 6:51pm On Nov 15, 2015
hmmm
Re: Treasury Single Account Is A Fraud, Says Fayose by miqos02(m): 6:56pm On Nov 15, 2015
SeverusSnape:


Fayose is the man. cool
did u read this part?
centvin008:

But a recent report which supposedly emanated from the Central Bank of Nigeria, CBN, may have rubbished Fayose’s belief as it was stated that the parent body of REMITA had existed for about 20 years while REMITA, which is not even a company, has been in existence for about 10 years.

The report also showed that REMITA is not solely entitled to the one percent. Other participating banks are to share from the amount.

http://www.pmnewsnigeria.com/2015/11/15/buharis-treasury-single-account-is-a-fraud-says-fayose/
Lalasticlala‎

1 Like

Re: Treasury Single Account Is A Fraud, Says Fayose by porka: 6:59pm On Nov 15, 2015
jomoh:


Tell us what is wrong about the TSA?

Apart from the software developer's charge of 1% for their service?

If that is the only thing wrong with why not tell the FG to change the software developer or tell the FG to simply remove a 3rd party software.

No one is forcing anybody but the truth is that Fayose has seen the TSA will make governance more transparent than it presently is.

It will be very hard if not impossible to use different ministries to steal unlike the way it used to be.

Whether Fayose likes it or not he will eventually have no choice when the policy is taken to the House to be included in the laws guiding management of government accounts in Nigeria.

But is that not what he said?

Did you bother to read the content beyond the headline?

He said the percentage is questionable. He said it could be negotiated downward. He said there's no basis for justification of paying 25b naira to few people. He said Ekiti won't participate until those issues are addressed. Are you saying these are not solid issues to be sorted?

BTW the same lawmakers you are running to are the same people probing the TSA implementation under Buhari.

And why did the company deduct Nigeria's money just like that?

Are they not supposed to be paid by government, through legal appropriation?

If they can deduct Nigeria's money without recourse to any due process, can't we conclude that the system is fraudulent?

TSA was designed to block leakages in the system, how comes a 'super-mega' leakage is being introduced?
Re: Treasury Single Account Is A Fraud, Says Fayose by Legitbaba(m): 7:02pm On Nov 15, 2015
mazeltov:
who is an illiterate? Somebody without any school certificate(s) but understands that ''stealing is corruption or A Phd holder who thinks that stealing is not corruption or someone with all his education, couldn't differentiate between a literate and an illiterate ?


If not because Nigeria is an unfortunate country. We all know how Pdp manipulated Ekiti state's election in favour of Fayose. We all know about the soldier and the video tape. We all know that the election that brought him to power was fraudulent. We all know how Pdp used soldiers to trampled on human's right and disfranchised them. No right thinking Nigerian would forgive Pdp administration an had it been that our judiacial wings is functioning, effective and efficient - a slimeball like Fayose suppose to be chilling behind the bar now.
As far as I'll agree with u to some extent....ur allegations are baseless..if u are sure of how pdp rigged Ekiti...u cn start d legal process to remove d govnr...
My only problem with u (and most of us) is dah we see APC as d opposite of PDP...which is never true..they are all d same pple with different party slogans nd party flags...not to think of d fact that a large chunck of d APC members are former PDP "thiefs" who were part of the failed 16 years..

1 Like

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