@phillips70 God bless you for your submission.Nigerian youths are so lazy and display knowledge gap in most of their submissions.I pity the so call loudspeaker on the floor of the Senate.I believe he must be ashamed by now.A simple search on what is REMITA would have enlighten our Senators and our so called Commentators on social media.REMITA is like App that facilitate funds movement between banks developed by a company called System Specs.I advise our people to seek for knowledge not to come online and be displaying knowledge GAP. Copy Senator Dino

Old man that's not what Nigerians expects from you as minister of information

abusive minister of information. this govt is sometin else. motor park touts

Hon. Minister of information has started his work as a member of FEC.

TonyeBarcanista:
Lai Muhammed in his usual manner lied his way out of the whole issue. Did REMITA take the said 1% ? Yes or No?

How did he lie his way out of the issue? He did not refute the claim that 1% was charged, what he wants Foyose and his likes to know is that, 1% of any no "x" =(x/100). Do you understand?

Hmmm

NA WAOH

maestroferddi:
You are talking arrant nonsense.

We are talking of what is very likely to be insider collusion and you are talking of service charges.

Even a five-year-old kid knows that the rates chargeable for high volume transactions are invariably minimal so what is your point?

I suspected that this nebulous government of falsehood and propaganda will end up outdoing the previous administration in shenanigans and carefully concealed graft.

You are ignorant then that it was the last administration of your role model that signed the contract and as such, he should be castigated and not the present govt, OK.

Oduduwaboy:

The 'stupid' contract was signed by your hero GEJ . Buhari now has to clean your mess again ! In any case , the 1% charge seems to be based on international best practices .

Tell them"Tanoids" bro.

49cents:


It's not compulsory to defend everything about Buhari's government

For very high transactions like those of an entire country like Nigeria, One percent is way too much and like we all know no politician will strike a deal with a private company that makes them earn a whooping N10B for a every N1trillion

Who signed the contract, is it not your hero? It's him you should blame not PMB,OK.

Fayose is an illiterate.


Only in Ekiti can such become a governor.

Some level of reasoning is expected from even a councillor.

In few years time we will see what becomes of Him and his political trade

What of u lie mohammed, d way u talk and release statements tells u ar nt civilized and cultured too,

i no get bbm pin ooo and i for like hook up bro

Ajaoogbo:
Nigeria is really a joke! So you were accused of entering a contract that milks a whooping 1% of our revenue and all you could say was that the TSA has not got to the amount alleged and that people alleging should go back to Elementary school. Mr. Lai ,you should know that you're the mouthpiece of the government and it behooves on you to critically analyse any argument raised in favor or against any government policy. The era where you insult people in power as an opposition spokesperson has passed.

For the umpteenth time, the argument is that the percentage is too high and should be reduced to 0.1% as the volume of transaction expected to flow through it is huge. So take your premises from there!

The said contract was signed in 2011 by the GEJ administration. PMB only got to know about it when he was informed Remitta withdrew 1 percent of the total sum and he vehemently ask them to pay it back which they did. The contract is under review now and all parties are back tot the negotiating table.

i need the stuff but i no get bbm pin

teeowl:
who should we believe now.

Who should we believe?
Ok, Believe Liar Mohammed at your own peril...

OrlandoOwoh:

No 1% is collected by REMITA, rather it shares 1% with the CBN and commercial banks. Fayose should learn to control his utterances. They do him more harm than good. During the campaigns, just because he wanted to abuse President Buhari, he ended up insulting his mother.

And Remita returned their share of the 1% which stood at 8.6B. So believe it or not, the sum involved is closer to that 25B being mentioned.

Ajaoogbo:
Nigeria is really a joke! So you were accused of entering a contract that milks a whooping 1% of our revenue and all you could say was that the TSA has not got to the amount alleged and that people alleging should go back to Elementary school. Mr. Lai ,you should know that you're the mouthpiece of the government and it behooves on you to critically analyse any argument raised in favor or against any government policy. The era where you insult people in power as an opposition spokesperson has passed.

For the umpteenth time, the argument is that the percentage is too high and should be reduced to 0.1% as the volume of transaction expected to flow through it is huge. So take your premises from there!

The said contract was signed in 2011 by the GEJ administration. PMB only got to know about it when he was informed Remitta withdrew 1 percent of the total sum and he vehemently ask them to pay it back which they did. The contract is under review now and all parties are back to the negotiating table..

Ajaoogbo:
Nigeria is really a joke! So you were accused of entering a contract that milks a whooping 1% of our revenue and all you could say was that the TSA has not got to the amount alleged and that people alleging should go back to Elementary school. Mr. Lai ,you should know that you're the mouthpiece of the government and it behooves on you to critically analyse any argument raised in favor or against any government policy. The era where you insult people in power as an opposition spokesperson has passed.

For the umpteenth time, the argument is that the percentage is too high and should be reduced to 0.1% as the volume of transaction expected to flow through it is huge. So take your premises from there!

The said contract was signed in 2011 by the GEJ administration. PMB only got to know about it when he was informed Remitta ta withdrew 1 percent of the total sum and he vehemently ask them to pay it back which they did. The contract is under review now and all parties are back to the negotiating table..

abe4kom:
This Lai character should know that he is now a minister of the federal republic. His era of talking like a Motor park tout is over.

Instead of clarifying the issue, all he could say was that the money in the account was not up to 2.5 trillion.

1% of 800 billion is 8 billion still. That is way too high for a 1 day charge mr Lai.
Even Barclays and citicorp don't charge like that.

dat is what l am saying, lai mohammed claims he is educated but he also talks like a motor pack touts just like fayose

ALVA001:
Let fayose come out with facts and stop ranting like a garage boy. And he sud be aware no more jam talk, there is a new sheriff in town. Lai is here.

Defend anything irrespective who is the guity party is very dangerous. you should never lose objectivity on the face of partisan politics or any other parochial sentiments. It's unfortunate when you read post of this nature; certainly, one just wonder what happened to our upbringing. we lost our values and lost direction

ozo13:
See upper cut

Plus elbow jam

Lie mohammed is also crude in his speech and very abusive, there is no difference b/w him and fayose. They are barbaric touts

philips70:


Now this a more correct position sourced and presented by ThisDay, a very credible source. Fayose and the likes of Dino should go back to elementary school as suggested by the indomitable Lai.



Culled from http://www.thisdaylive.com/articles/tsa-systemspecs-banks-demand-payment-of-n7-6bn-processing-fee/225775/

Bravo

Aromas:

Abeg leave dat side bro, is quite obvious dat Fayose no too gallant in education but dat doesn't mean all what he shouting about REMITA account is baseless.

It is actually very baseless.

He accused them of syphoning N25billion when it is actually N8bn.

He said REMITA is the only beneficiary of the money. Which is not the truth. It actually belongs to three parties REMITA, CBN and the BANKS.

He accused the present FG of being the one that gave the go ahead. This is also wrong cos the contract was signed and sealed between 2011 and 2012. Was there anything like APC then?

It is clear Fayose is trying to demonise the TSA to make it look bad to the public so that he can continue in his old stealing method.

It is not compulsory for him to accept for his state, the terms and condition of the contract agreement between the FG and REMITA.

He may decide to renegotiate the deal for his own state but let him not demonise the policy.

[size=18pt]So if Fayose is to return to elementary school,wghich school should the diapers-wearing,skin-bleaching,diarrhea-mouthed Liar Mohammed go back to ? Kindergarten or school for the honesty-challenged [/size]

ZUBY77:
Will you just shut up. What PayPal and voguepay? I guess you already hugged yourself by giving us examples of how Interswitch charge you. How much do you transact through Interswitch? Compare 2.5 trillion to the 2000 naira you process and see if the same percentage should be used for both.

So it's OK for an indeginious firm to charge Nigeria 1% of its transaction.
1%? Do you know how many people in this country that money will take care of? And one rogue firm contracted by fellow rogues takes 1%.

So why did Buhari order them to return all the money back to CBN immediately? Since it was OK.
Why are you animals avoiding that part?
I have asked you young Nigerians to become critical in thinking. This criminals are feeding fat from the money that belongs to you and I.

If United States wants to contract PayPal to run such transaction for them, everything will be considered first and at the end if the day, the contract could be or less than 0.000001.

We are talking Electronic Cash Transfer Rate here. So stay on the lane and stop abusing you linage.

jomoh:



It is actually very baseless.

He accused them of syphoning N25billion when it is actually N8bn.

He said REMITA is the only beneficiary of the money. Which is not the truth. It actually belongs to three parties REMITA, CBN and the BANKS.

He accused the present FG of being the one that gave the go ahead. This is also wrong cos the contract was signed and sealed between 2011 and 2012. Was there anything like APC then?

It is clear Fayose is trying to demonise the TSA to make it look bad to the public so that he can continue in his old stealing method.

It is not compulsory for him to accept for his state, the terms and condition of the contract agreement between the FG and REMITA.

He may decide to renegotiate the deal for his own state but let him not demonise the policy.

Your submission is baseless and a regurgitation of the shameless line of defence being put up by this thieving federal government to one more hoodwink Nigerians

ayo2pec:
Fayose is an illiterate.


Only in Ekiti can such become a governor.

Some level of reasoning is expected from even a councillor.

In few years time we will see what becomes of Him and his political trade

what of lie mohammed, does he talk like a civilized person, fayose is better because he tells d truth while lie lie mohamed feeds u wit lies

feeloscar:
You are ignorant then that it was the last administration of your role model that signed the contract and as such, he should be castigated and not the present govt, OK.

What crap are you talking about?

Who could have imagined that with all the hullabaloo about a fictitious fight on corruption Buhari and his change chanting hordes could be midwifing the pillaging of the treasury as per this egregious scandal?

front247:
what of lie mohammed, does he talk like a civilized person, fayose is better because he tells d truth while lie lie mohamed feeds u wit lies

[size=18pt]GBAM

Lie or Liar Mohammed is a shameless bleached out he goat who cannot tell the truth for once even to save his pathetic life[/size]

Cpiano:
What's the lair saying? Shaaaarrrrraaaap there my friend. Na d same rope tire all of una from head to toes. Having joy in making Nigeria people suffer...

Liar...