Very very lame argument. So as Buhari is president now, Fayose can just come now and make him do what he doesn't want to do especially something that's not in the interest of the country. Then so Tinubu made noise, did Tinubu also force the FG to spend their own share as well or why didn't the FG save that one?

What even makes this lie more ridiculous is that fact that most of the governors that opposed the sovereign wealth fund aka excess crude account were PDP, even Amaechi was still PDP member when the governors they took the FG to court. I don't know of a single PDP governor that supported the sovereign wealth fund, so i do not how they can blame the APC ( or Tinubu) which wasn't even in existence when the governors took the FG to court over the excess crude account.

Excess Crude Account: Governors to charge FG to court
September 20, 2012
The governor of the states in Nigeria disagree with the FG over deductions from the Excess Crude Account to offset fuel subsidy.
The Nigeria Governors Forum, NGF, on Thursday said it would return to court to challenge the Federal Government’s deductions from the Excess Crude Account, to offset fuel subsidy payments.
The Chairman or the NGF, Chibuike Amaechi, said this at the forum’s meeting in Abuja.
Mr. Amaechi stated that the NGF unanimously took the decision after long deliberations to get the court to compel the Federal Government to adhere to the provision of the constitution.
“On the Excess Crude Account, forum unanimously decided to head back to court to enforce the Federal Government’s adherence to the constitution,’’ he stated.

The meeting was attended by the governors of Rivers, Cross River, Ekiti, Ondo, Anambra, Kogi, Lagos, Niger, Gombe, Adamawa, Yobe, Taraba, Enugu, Jigawa, Delta, Plateau, Ondo, Abia, Ogun and Oyo states.
Others are: Kogi, Akwa Ibom, Niger, Kwara, and Nasarawa states among, while Imo was represented by the deputy governor.
- http://www.premiumtimesng.com/news/100865-excess-crude-account-governors-to-charge-fg-to-court.html

luvinhubby:
I told people Nigeria's problem is NOT corruption & can never be, our problem is tribal bigotry.

dat is why d zoo will collapse.

Flyoruboy:
@ChimaAdeoye: NOI na scammer. And no amount propaganda or buck-passing will wish away the fact that she mismanaged the economy. If she was so prudent as you claim, then how come she borrowed over $1-billion dollars to pay workers salaries last year? ?. She pioneered the whole thing of borrowing to pay salaries and this happened right before she GEJ govt handed over to Buhari. Was Tinubu responsible for that also?

http://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html

Cc:OPCNAIRALAND, kaypling, APCsupporter, wirinet, UrbanMystique, KINGwax007, vedaxcool, Gbawe, pidggin, DropShot, looseweight, OlujobaSamuel, ZUBY77, cktheluckyman, odogwu125, LordMecuzy, bloodyBLOGGER,EternalTruths, chriskosherbal, Habakus

Wailers use your sense and address the above post, Tinubu also made her borrow. Shay? I wish you guys have a modicum of decency in you to admit your hero is an inept imf mole sent to worsen an already bar situation.

Ipob youth and there dumb way of reasoning, Tinubu babalawo must be very powerful.

vedaxcool:


Wailers use your sense and address the above post, Tinubu also made her borrow. Shay? I wish you guys have a modicum of decency in you to admit your hero is an inept imf mole sent to worsen an already bar situation.

They are hypocrites.

ChimaAdeoye:
As Obasanjo's finance Minister at the peak of oil price, Our former Finance Minister, Dr. Ngozi Okonjo iweala (NOI) warned in 2005 that we should not merely share out the excess crude account, since oil as a commodity had very volatile pricing.She advised us to save for the rainy day, when oil price crashes.

The then Lagos state Governor Ahmed Bola Tinubu vehemently opposed such a monstrous idea as saving for the rainy day! Claiming that the rainy day was here already.

Today, the rainy day NOI warned about is finally here and we are all suffering the effects together.

http://allafrica.com/stories/200506100702.html

http://thenationonlineng.net/excess-crude-account-and-the-controversy-lingers/

http://asiwajubolatinubu.com/archives/news/2001/02/22/20010222N01.html

Could you also tell us how the said money saved in the Excess Crude Account and Sovereign Wealth Fund for the rainy days kept being withdrawn by the FG?

DropShot:
So Tinubu is so powerful to prevent FG/NOI from doing what they deem right and necessary?

Now I believe that GEJ and NOI are Ineffectual Buffoons indeed.

The OP is making reference to 2005 when OBJ was still president. So it has always been APC, AD CPC ideology to share and share and never save for a rainy day.

DropShot:

Ignoramus, didn't she and GEJ continue the sharing after OBJ. Dolt, OBJ didn't even allow the much sharing as witnessed under the Ineffectual Buffoon.

I agree. The question is, what brought GEJ into the matter when the article clearly mentioned only OBJ and NOI?

eagleeye2:

The OP is making reference to 2005 when OBJ was still president. So it has always been APC, AD CPC ideology to share and share and never save for a rainy day.

But she did save when OBJ was president despite Tinubu objections then and despite relatively low oil prices. What happened during jonathan's regime? Why could she not save when oil was selling at record prices. She could not even save from FG's 52% share, instead she was borrowing massively to run the government.

bloodyBLOGGER:
don't you know awards have now become cheap things that money can buy? Or why do you think the Ineffectual buffoon has been bagging many lately?

Ngozi iweala was a huge failure who saw the future but couldn't do anything to prevent the inevitable harm all because she wanted to loot.

Your talk of Tinubu preventing her from saving the excess crude money doesn't hold water. You mean Tinubu stop the FG from doing what was best for the nation? That shows how ineffectual the last administration of the ineffectual buffoon and ngozi iweala were.

Your bigotry is so powerful that you can't even read before commenting. The OP is making reference to 2005 when OBJ was president and Tinubu was Governor of Lagos state.

eagleeye2:

Your bigotry is so powerful that you can't even read before commenting. The OP is making reference to 2005 when OBJ was president and Tinubu was Governor of Lagos state.

and why should you believe a governor was the reason a Federal Minister couldn't do what was right?

These IPOB youths sef...

DropShot:
So Tinubu is so powerful to prevent FG/NOI from doing what they deem right and necessary?

Now I believe that GEJ and NOI are Ineffectual Buffoons indeed.

Maybe they are, but u shld remember dat GEJ is not the National Economic Council, neither is NOI. Most Governors at the time supported the SHARING of funds from the Excess Crude Account.
So blaming GEJ and or NOI is totally incorrect.
Lastly, the last administration was corrupt, but NOI still remains the BEST Finance Minister dis country has eva had.

wirinet:

But she did save when OBJ was president despite Tinubu objections then and despite relatively low oil prices. What happened during jonathan's regime? Why could she not save when oil was selling at record prices. She could not even save from FG's 52% share, instead she was borrowing massively to run the government.

Please understand that share and share and more sharing has always been the ideology of the Opposition as far back as OBJs time.
This thread is focusing on OBJs time (2005) and GEJs time.
You can all insult GEJ for all I care, but the ideology of AD, CPC and APC has always been, don't Save. Rather share.

eagleeye2:

Your bigotry is so powerful that you can't even read before commenting. The OP is making reference to 2005 when OBJ was president and Tinubu was Governor of Lagos state.

You guys are not making sense at all. Are you insinuating that it was Tinubu's objections in 2005 that was responsible for madam coordinating minister of the economy for failing to save in 2014? Please explain.

bloodyBLOGGER:
and why should you believe a governor was the reason a Federal Minister couldn't do what was right?

These IPOB youths sef...

Now that you have realized that it's OBJs tenure, it has turned to the FEDERAL MINISTER and not GEJ, and I am now an IPOB youth.
Continue with your bigotry.

wirinet:

You guys are not making sense at all. Are you insinuating that it was Tinubu's objections in 2005 that was responsible for madam coordinating minister of the economy for failing to save in 2014? Please explain.

My dear, I am not insinuating anything. But merely trying to point out that, the opposition which was then in the mold of AD, CPC, APC has always had an ideology of SHARING and not SAVING.
Whatever we are facing today, we should share the blame on both the Opposition then (now ruling party) and the leaders then (now opposition).
They are all culpable.

eagleeye2:

Now that you have realized that it's OBJs tenure, it has turned to the FEDERAL GOVERNMENT and not GEJ, and I am now an IPOB youth.
Continue with your bigotry.

in a bid to justify the Ineffectual buffoon, you made matters worse for Ngozi okonjo iweala by showing she was a failure under OBJ and also GEJ.

eagleeye2:

Please understand that share and share and more sharing has always been the ideology of the Opposition as far back as OBJs time.
This thread is focusing on OBJs time (2005) and GEJs time.
You can all insult GEJ for all I care, but the ideology of AD, CPC and APC has always been, don't Save. Rather share.

First that is not AD, APC and APC ideology, it is the constitution. OBJ went against the constitution and created the excess crude accounts, which really helped Nigeria in time of need.

Secondly, the share ideology is not just opposition ideology but Nigerian ideology. No PDP politician - governors, legislatures and public officials supported savings. Tell me one PDP state that saved its portion of allocations. Even the FG did not bother to save its own portion of allocations, would you blame the opposition for that?

wirinet:


First that is not AD, APC and APC ideology, it is the constitution. OBJ went against the constitution and created the excess crude accounts, which really helped Nigeria in time of need.

Secondly, the share ideology is not just opposition ideology but Nigerian ideology. No PDP politician - governors, legislatures and public officials supported savings. Tell me one PDP state that saved its portion of allocations. Even the FG did not bother to save its own portion of allocations, would you blame the opposition for that?

My reply is this:
1) If it was the constitution, why then are we all crying and kicking that they did not Save?
.
2) Anambara may not be a PDP state, but ex Governor Peter Obi saved.

[quote author=luvinhubby post=42453001]I told people Nigeria's problem is NOT corruption & can never be, our problem is tribal bigotry.[/quote

you r right



check my signature

bloodyBLOGGER:
in a bid to justify the Ineffectual buffoon, you made matters worse for Ngozi okonjo iweala by showing she was a failure under OBJ and also GEJ.

You can call GEJ all the names in the world, it doesn't take off any skin off my nose.
.
We can all turn a blind eye to the ills and mistakes of our Leaders Collectively and decide to insult those we feel we should insult.
.
The guy you are so busy abusing, will always remain an ACHIEVER WHERE YOU AND YOUR GENERATIONS UNBORN ARE.

eagleeye2:

You can call GEJ all the names in the world, it doesn't take off any skin off my nose.
.
We can all turn a blind eye to the ills and mistakes of our Leaders Collectively and decide to insult those we feel we should insult.
.
The guy you are so busy abusing, will always remain an ACHIEVER WHERE YOU AND YOUR GENERATIONS UNBORN ARE.

@bold

Don't you think you and your generation unborn are also involved?

He was no achiever but a mistake who ought to be in jail by now.

bloodyBLOGGER:
@bold

Don't you think you and your generation unborn are also involved?

He was no achiever but a mistake who ought to be in jail by now.

Seriously, I am WONDERING WHY HE HASN'T BEEN JAILED.

The arguments being churned out by these Jonathanians can sometimes be very twisted and laughable. Okay, NOI the finance minister of Nigeria warned Nigeria to save for the rainy day, but now the blame is on Amaechi and Tinubu for the inability of the FG to save.

Isn't it ironic and laughable that the Jonathanians who keep criticising this present government for blaming past leadership are now the ones blaming a future government for their inability to save in the past?

By the way, NOI warned of the need to save during OBJ days, Tinubu and co were alleged to have opposed but what eventually happened??... the FG under OBJ and finance ministry headed by NOI were able to save for Nigeria. Fastforward to GEJ era, the same NOI calls for the need to save, Amaechi opposed and what eventually happened??... the FG under GEJ which made the highest revenue didnt save. Observing these two above situations, the joke is obviously on GEJ for being an ineffectual leader. But strangely, GEJ's supporters now put the blame on Amaechi (who wasnt even in govt).

The FG was accused of spending it on The ruling party then, a fact that has been proven already.

obailala:
The arguments being churned out by these Jonathanians can sometimes be very twisted and laughable. Okay, NOI the finance minister of Nigeria warned Nigeria to save for the rainy day, but now the blame is on Amaechi and Tinubu for the inability of the FG to save.

Isn't it ironic and laughable that the Jonathanians who keep criticising this present government for blaming past leadership are now the ones blaming a future government for their inability to save in the past?

By the way, NOI warned of the need to save during OBJ days, Tinubu and co were alleged to have opposed but what eventually happened??... the FG under OBJ and finance ministry headed by NOI were able to save for Nigeria. Fastforward to GEJ era, the same NOI calls for the need to save, Amaechi opposed and what eventually happened??... the FG under GEJ which made the highest revenue didnt save. Observing these two above situations, the joke is obviously on GEJ for being an ineffectual leader. But strangely, GEJ's supporters now put the blame on Amaechi (who wasnt even in govt).

Bunch of self contradicting ineffectuals. The argument put forward then has been proven already. The PDP were being fed the funds via outrageous projects.

luvinhubby:
I told people Nigeria's problem is NOT corruption & can never be, our problem is tribal bigotry.

our problem is not corruption but hypocrisy! Nigerians are bunch of hypocrites. Religious but not Godly. Like talking aloof and insulated when in actual sense we are all in it together. Finger pointing and cheering what we all are guilty of!

Standing5:
Bunch of self contradicting ineffectuals. The argument put forward then has been proven already. The PDP were being fed the funds via outrageous projects.

u seem to lack understanding of the undercurrents of our govt. Many of these things can't be fiat by FG no, they can't! We are in a democracy not military era. The governors challenged thee federal govt successfully not to save but, share the money. Today, those who were the faces of such virulent challenge are in apc screaming wasted years! Hypocrites!!

vedaxcool:


Wailers use your sense and address the above post, Tinubu also made her borrow. Shay? I wish you guys have a modicum of decency in you to admit your hero is an inept imf mole sent to worsen an already bar situation.

dude, u're fighting the wrong guy

KINGwax007:
dude, u're fighting the wrong guy

Bros it wasn't directed at the author in any way. Maybe my wording got it mixed up.

odogwu125:

those low lifers think d world end on nairaland, in dia mind watever dey assert here becomes d gospel truth.

E.O.D