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Excess Crude Account Now $2.26bn – FG - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Excess Crude Account Now $2.26bn – FG (22942 Views)

$1 Billion: 'Excess Crude account is Illegal' - House Leader, Femi Gbajabiamila / ‘Where Is The $65bn Obasanjo Left In Excess Crude Account?’ Amaechi Fires At GEJ / Governors In Abuja To Persuade Buhari To Share Excess Crude Funds (2) (3) (4)

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Re: Excess Crude Account Now $2.26bn – FG by Raph01: 6:03pm On May 20, 2016
... at any rate, check my signature
Re: Excess Crude Account Now $2.26bn – FG by deking(m): 6:07pm On May 20, 2016
what was the figure a year ago? As at Jan 2015 it was $2.45BN

http://www.premiumtimesng.com/business/175125-nigerias-excess-crude-account-2-45-bn.html


Around May 2015 it was $1.7BN GEJ handed over to GMB . Although it was virtually zero as the GMB shared same to state governors to assist them pay outstanding (up to 8 months) workers salary as at May 2015.

http://www.pmnewsnigeria.com/2015/07/07/excess-crude-account-like-jonathan-like-buhari/

2 Likes 1 Share

Re: Excess Crude Account Now $2.26bn – FG by Femich18(m): 6:10pm On May 20, 2016
Issorite....let the sharing begins!!!
Re: Excess Crude Account Now $2.26bn – FG by tinsel: 6:14pm On May 20, 2016
Pavarottii:
No much shift with wat GEJ left there. After one year, dey have saved little or nothing.
But wait oooo... all those monies we av been getting from crude oil sales since May 29th, 2015 till now, recovered from looters, and internally generated revenue from MDA's. Dey didn't pay ministers, perm secetarys, aides and all 4 about 6months. Wat have they been doing wiv d monies apart from paying salaries, sharing to states, buhari's junketing.
Wat else, cos I don't know wen a project was kicked off by buhari and started and work is ongoing, not 1km of road added, not 1MW added, not one new sch built, no money saved, no new weapons bought after about 360days?
Atleast fuel has been averagely 39dollar per barrel. Cos it's 47 now.

GEJ was corrupt bought projects were going on. Where are d projects now, that nobody is stealing.

This is a bad ass Paradox.


GEF did not add penny to excess crude oil account. Rather he spent the huge amount left by Obasanjo and Yar Adua untill it went down to a little above 2 billion dollars.

3 Likes

Re: Excess Crude Account Now $2.26bn – FG by Nobody: 6:18pm On May 20, 2016
micolaj:
The issues at hand are inflation, starvation and unemployment and people want to see government tackling these basic economic problems, before they give meanings to figure manufactured by the government. Buhari and his economic team should wake up and act decisively to provide solutions to these priotised problems. Appointment of auditors, loan for the governors and balance in the ECA are meaningless to a man with an empty stomach and a leaned pocket.

I don't think this news item is for the masses. It's for people like you who can process and explain the implications to others. Also, accountability is always a good idea? We haven't had a lot of that. Finally, they've laid out their plans very very clearly. The only thing we are waiting for is really good execution. Budget is appropriated and so execution is expected. I really don't think there is much in this news item to applaud or criticize. It's just news.

1 Like

Re: Excess Crude Account Now $2.26bn – FG by piagetskinner(m): 6:20pm On May 20, 2016
Paper figures everywhere... .in the end they share it among themselves
Re: Excess Crude Account Now $2.26bn – FG by baby124: 6:25pm On May 20, 2016
Very low. Smh
Re: Excess Crude Account Now $2.26bn – FG by MrPolitics: 6:25pm On May 20, 2016
Isn't this the same account jonathan left $32billion in?
Re: Excess Crude Account Now $2.26bn – FG by crazymod: 6:29pm On May 20, 2016
wayne4loan:
Phuck FG .... If nigerians can't afford 3 square mill a day , what benefit is the excess crude account to the common man ?

my guy work hard. No govt. distribute money or 3 square meals except physically challenged..................... Are you cripple or blind? Nigeria has not developed to take care of disabled like you. Hopefully by 2020, things can be done.
Re: Excess Crude Account Now $2.26bn – FG by googlepikins: 6:34pm On May 20, 2016
Buhari is an illiterate, he can't give what he doesn't have. Nigeria is just going down every month

1 Like

Re: Excess Crude Account Now $2.26bn – FG by crazymod: 6:35pm On May 20, 2016
MrPolitics:
Isn't this the same account jonathan left $32billion in?

Jonathan advocate. It is not excess crude oil acc. that GEJ left 30,10 (thirty ten) billions.......... Excess crude acc is the account governors shared under the supervision of NOI.

BESIDES, YOU MENTIONED GEJ LEFT 30 BILLION. CAN YOU PLEASE TELL US HOW MUCH GEJ MET IN THE ACCOUNT WHEN HE WAS SWORN IN?
GEJ MET MORE THAN $72 BILLIONS WHEN HE CAME TO POWER.
Re: Excess Crude Account Now $2.26bn – FG by nbright: 6:45pm On May 20, 2016
The presidiot MUMU o
Re: Excess Crude Account Now $2.26bn – FG by pkang: 6:53pm On May 20, 2016
agbangam:
PMB didn't stop d amnesty program rather he
stopped d big boys militant from siphoning d
money meant for d other militants.
He also stopped d big boys from looting in d
name of pipe line protection cos dey are also d
ones stealing d crude oil.
PMB initiated d cleaning of Ogony land and he
has said he is here not to loot but improve d
infrastructure deficit in ND and Nigeria as a whole but wat did we get from d
criminals in d name of ND Avengers, bomb!
Bomb!! Bomb!!!
Some persons here are happy forgetting dat
those guys are only fighting for their pocket like
Asari n Tompolo. Take a trip to Asari home town
even Tompolo and u will weep for their
communities, poor health facilities, dilipidating schools, poor road network while those guys amased wealth for ONLY demselves leaving their pple in same poverty. Some even went to neighbouring country to invest forgetting to poor communities.
Enough of Negotiation let's fight dis criminals
once and for all, d more we negotiate d more other groups will pop up too. Dey shud also hold their looting governors instead of disturbing PMB
Let's fight dem so dat their communities can
develop and we too will also have peace since
God has helped with a President dat is not here
to loot like d previous.

Hi, which church or mosque u dey as clergy person because u preached well.
Only dat may be u no complete ur school to hear say Govt say dem go discontinue with the Amnesty program.
Why be say u people dey always twist all d lies this govt dey tell.

1 Like 1 Share

Re: Excess Crude Account Now $2.26bn – FG by NovusHomo(m): 7:01pm On May 20, 2016
imamabi:
Nigeria my country how did we get to this?

Ask Fortunato Emere Jonathan and his co-Presidents.
Re: Excess Crude Account Now $2.26bn – FG by engrchykae(m): 7:22pm On May 20, 2016
tinsel:

GEF did not add penny to excess crude oil account. Rather he spent the huge amount left by Obasanjo and Yar Adua untill it went down to a little above 2 billion dollars.
such comments do provoke me to comment on this forum.
Obj left so much money but did little to improve the lives of the common man.
Take for instance,implementation of minimum wage,increasing nysc corpers'allowance from obj's pauparized 9k to 19800k.
Improvement of civil defense salaries and i believe that all these things require money including sure p tetfund GIS YEAH AND YEAP.

1 Like 1 Share

Re: Excess Crude Account Now $2.26bn – FG by Mamog(m): 7:24pm On May 20, 2016
What is your problem . Y hold Asari an Tompolo responsible for the development of their communities when it is d duties of the government . Is it Dangote, Sanusi that developed Kano? Is it Tinubu that developed Lagos. Is it Tambuwa that developed Sokoto? How many investment does Dangote have in his home town? U should have advise him to relocate his refinery from Lagos to Kano. U cannot decide for a business man how and where to spend his money.
if you have nothing reasonable to say better start whistling.

agbangam:
PMB didn't stop d amnesty program rather he
stopped d big boys militant from siphoning d
money meant for d other militants.
He also stopped d big boys from looting in d
name of pipe line protection cos dey are also d
ones stealing d crude oil.
PMB initiated d cleaning of Ogony land and he
has said he is here not to loot but improve d
infrastructure deficit in ND and Nigeria as a whole but wat did we get from d
criminals in d name of ND Avengers, bomb!
Bomb!! Bomb!!!
Some persons here are happy forgetting dat
those guys are only fighting for their pocket like
Asari n Tompolo. Take a trip to Asari home town
even Tompolo and u will weep for their
communities, poor health facilities, dilipidating schools, poor road network while those guys amased wealth for ONLY demselves leaving their pple in same poverty. Some even went to neighbouring country to invest forgetting to poor communities.
Enough of Negotiation let's fight dis criminals
once and for all, d more we negotiate d more other groups will pop up too. Dey shud also hold their looting governors instead of disturbing PMB
Let's fight dem so dat their communities can
develop and we too will also have peace since
God has helped with a President dat is not here
to loot like d previous.

1 Like 1 Share

Re: Excess Crude Account Now $2.26bn – FG by miqos02(m): 7:30pm On May 20, 2016
micolaj:
The issues at hand are inflation, starvation and unemployment and people want to see government tackling these basic economic problems, before they give meanings to figure manufactured by the government. Buhari and his economic team should wake up and act decisively to provide solutions to these priotised problems. Appointment of auditors, loan for the governors and balance in the ECA are meaningless to a man with an empty stomach and a leaned pocket.
Re: Excess Crude Account Now $2.26bn – FG by iswallker(m): 7:30pm On May 20, 2016
Kemi doing a wonderful job since she was in Ogun....but who all them billions don epp....

Become your own CEO...i can teach you...contact me...
Re: Excess Crude Account Now $2.26bn – FG by Standing5(m): 7:30pm On May 20, 2016
Firefire:
You see...


Very soon our looting governors will ask for the sharing of the remaining fund in ECA as previously spearheaded by Rotimi Amaechi and 'Tunde Fashola of APC.

Politicians looting the future of unborn children in Nigeria since 1960. embarassed
If they do it will be for a different reason other than Dasuki and co tranferring the fund to party members.
Re: Excess Crude Account Now $2.26bn – FG by tunde1200(m): 7:32pm On May 20, 2016
agbangam:
PMB didn't stop d amnesty program rather he
stopped d big boys militant from siphoning d
money meant for d other militants.
He also stopped d big boys from looting in d
name of pipe line protection cos dey are also d
ones stealing d crude oil.
PMB initiated d cleaning of Ogony land and he
has said he is here not to loot but improve d
infrastructure deficit in ND and Nigeria as a whole but wat did we get from d
criminals in d name of ND Avengers, bomb!
Bomb!! Bomb!!!
Some persons here are happy forgetting dat
those guys are only fighting for their pocket like
Asari n Tompolo. Take a trip to Asari home town
even Tompolo and u will weep for their
communities, poor health facilities, dilipidating schools, poor road network while those guys amased wealth for ONLY demselves leaving their pple in same poverty. Some even went to neighbouring country to invest forgetting to poor communities.
Enough of Negotiation let's fight dis criminals
once and for all, d more we negotiate d more other groups will pop up too. Dey shud also hold their looting governors instead of disturbing PMB
Let's fight dem so dat their communities can
develop and we too will also have peace since
God has helped with a President dat is not here
to loot like d previous.

Weldon bro
Re: Excess Crude Account Now $2.26bn – FG by Nobody: 7:37pm On May 20, 2016
MrPolitics:
Isn't this the same account jonathan left $32billion in?
Look at the way you just fooled urself on nl. This is excess crude account, not foreign reserve. Go and learn.
Re: Excess Crude Account Now $2.26bn – FG by Nobody: 7:38pm On May 20, 2016
MrPolitics:
Isn't this the same account jonathan left $32billion in?
Look at the way you just fool urself on nl. This is excess crude account, not foreign reserve. Go and learn. Obj and yar adua letf abt $20b for gej in excess crude account and gej ur hero left $1.7b for pmb.and u still get mouth to talk rubbish.

1 Like

Re: Excess Crude Account Now $2.26bn – FG by Vanpascore(m): 7:51pm On May 20, 2016
forward am to my acct asap!
Re: Excess Crude Account Now $2.26bn – FG by bejeria101(m): 7:56pm On May 20, 2016
Wow! *speechless* you dont say,let me guess *thinking,guessing* yes! Its Gejs fault. I got an oscar lol
Re: Excess Crude Account Now $2.26bn – FG by ihitenansa: 8:02pm On May 20, 2016
Begin:
Ok
chai! This ur moniker eh?

U go get mentions tire cheesy

1 Like

Re: Excess Crude Account Now $2.26bn – FG by banme1(m): 8:10pm On May 20, 2016
How about excess cocoa account?
Re: Excess Crude Account Now $2.26bn – FG by Deen77: 8:10pm On May 20, 2016
Pavarottii:
No much shift with wat GEJ left there. After one year, dey have saved little or nothing.
But wait oooo... all those monies we av been getting from crude oil sales since May 29th, 2015 till now, recovered from looters, and internally generated revenue from MDA's. Dey didn't pay ministers, perm secetarys, aides and all 4 about 6months. Wat have they been doing wiv d monies apart from paying salaries, sharing to states, buhari's junketing, inconclusive elections.
Wat else, cos I don't know wen a project was kicked off by buhari and started and work is ongoing, not 1km of road added, not 1MW added, not one new sch built, no money saved, no new weapons bought after about 360days?(but they are quick to say we are loosing so so billion daily wen one pipeline blows, so they av been making billions wen the pipelines were working?)
Atleast fuel has been averagely 39dollar per barrel. Cos it's 47 now.

GEJ was corrupt but projects were going on. Where are d projects now, that nobody is stealing.

This is a bad ass Paradox.



My brother use your brain, for 16 years PDP could only generate 3500mw not Jonathan, military left 1500 mw.

Oil price is $47 but our supply is just 1.4 instead of 2.2 under Jonathan.

2015 budget spend by Jonathan on election as they turn CBN to PDP ATM. Wait for the first budget under APC government, 350 billion naira was released last week for capital projects.

Oil crisis is a global problem affecting all Oil producing nations, below is our survival resources compared to other's.

Re: Excess Crude Account Now $2.26bn – FG by Pavarottii(m): 8:20pm On May 20, 2016
Deen77:


My brother use your brain, for 16 years PDP could only generate 3500mw not Jonathan, military left 1500 mw.

Oil price is $47 but our supply is just 1.4 instead of 2.2 under Jonathan.

2015 budget spend by Jonathan on election as they turn CBN to PDP ATM. Wait for the first budget under APC government, 350 billion naira was released last week for capital projects.

Oil crisis is a global problem affecting all Oil producing nations, below is our survival resources compared to other's.
GEJ met above 2000MW and increased to almost 5000MW or more.

1 Like 1 Share

Re: Excess Crude Account Now $2.26bn – FG by Nobody: 8:41pm On May 20, 2016
agbangam:
PMB didn't stop d amnesty program rather he
stopped d big boys militant from siphoning d
money meant for d other militants.
He also stopped d big boys from looting in d
name of pipe line protection cos dey are also d
ones stealing d crude oil.
PMB initiated d cleaning of Ogony land and he
has said he is here not to loot but improve d
infrastructure deficit in ND and Nigeria as a whole but wat did we get from d
criminals in d name of ND Avengers, bomb!
Bomb!! Bomb!!!
Some persons here are happy forgetting dat
those guys are only fighting for their pocket like
Asari n Tompolo. Take a trip to Asari home town
even Tompolo and u will weep for their
communities, poor health facilities, dilipidating schools, poor road network while those guys amased wealth for ONLY demselves leaving their pple in same poverty. Some even went to neighbouring country to invest forgetting to poor communities.
Enough of Negotiation let's fight dis criminals
once and for all, d more we negotiate d more other groups will pop up too. Dey shud also hold their looting governors instead of disturbing PMB
Let's fight dem so dat their community can
develop and we too will also have peace since
God has helped with a President dat is not here
to loot like d previous.
May God have mercy on You

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