isbish:
It still baffles me that some Tanoids remain adamant and obstinate and even foolishly unrepentant in supporting how people like Iweala and Dizieni have shrank our money into their personal pockets. Anything anti APC suits them without recourse to how these staealing have made thousands of Nigerians so so poor and unable to survive. Only God will forgive u evil supporters of this kind of blind followin. Nonsense. Masu Gudu Su Gudu.

You are a stinking hypocrite Tinubu takes home 10% of Lagos IGR every month, this is in addition to the millions of not billions he siphoned from other sw states and other Lagos sources yet he is hailed as a democrat.IBB stole enough money from this country to pay the entire osun work force for the next twenty years yet you idiots are obsessed with GEJ and his cabinet ministers.

AnyibestDede:
Can somebody pls tell pmb and his vice that campaign is over and that they are the ruling party now.

I doubt if u av a brain.

The administration GEJ was characterised of recklessness, impunity and corruption. I am glad to be a part of the team that sent him packing.

mailadedamola:
INTROVERT not yet here.

ISP down?

kettykin:


[s]The administration of 30 days is made up of people who caused Nigeria's economic woes. Elrufai was a minister under pdp.
Drag her to wherever Ngozi okonjo iweala has the bile to defend her self.[/s]

You should ply your trade in the joke section. Now keep shut and watch while adults speak.

vedaxcool:


You should ply your trade in the joke section. Now keep shut and watch while adults speak.

Ok

For those who may need refresh =>

anonimi:
[size=14pt]Tinubu Tackles FG, CBN On Excess Crude Oil Sales Account[/size]
Feb 22, 2001

The Lagos State Governor, Senator Bola Ahmed Tinubu, yesterday joined issues with the Federal Ministry of Finance and the Central Bank of Nigeria (CB N) over the recent face-off between the different tiers of government on the excess crude oil sales reserve account of US$ 1. 8 billion which is about N198 billion.

Expressing concern at the impression being created that the economy is rudderless, Tinubu argued that the central issue transcends the release or non-release of the fund into the Federation Account.

In his words: “The fundamental issues and principles at stake go much deeper. They are more broadly about the rule of law and the supremacy of the constitution on one hand, and the need for cooperation and coordination in a true federal structure, as a basis for sustaining and strengthening our fledgling democracy on the other hand”.

Governor Tinubu [size=14pt]disagreed with the CBN's position that release of the excess crude reserves to the states and local governments, though legitimate, [/size]would lead to inflation; cause a rundown of the nation's foreign reserves; weaken the exchange rate further and run counter to agreements reached with the IMF.

The Governor contended that "in a period of excess capacity and low purchasing power, there should not be undue inflationary pressures from an injection of funds into the economy. Instead, such a development should be beneficial to economic activity and growth, despite the fact that there are supply rigidities and inefficiencies which would limit the potential benefits”.

On the purported likely impact on foreign reserves, Tinubu argued that "in an import-dependent economy such as ours, it is inevitable that an upturn in the level of economic activity would engender a fall in foreign reserves. This is not necessarily a bad thing. Rather, it would be immoral to appear to be building up high foreign reserves in the midst of grinding poverty”.

He stressed further that if the N198 billion released is matched by an equivalent US$1.8 billion, there should not be a fall in the value of the Naira as the supply of dollars would be in place to match any increased demand”.

Tinubu also said it would be unfair for the federal government to agree unilaterally to commit revenues due to other tiers of government, to an agreement with the IMF or anyone else.

Attributing inflationary pressures in the economy largely to the federal government's overspending and printing of money to finance such expenditure, Tinubu said "It is hardly fair for the FGN to overspend and then seek to correct the inflationary effect on the economy by starving other tiers of government of their rightful funds”.

Stressing that there is no basis for CBN or any authority to flout the constitution and deny states and local governments their own share of the Federation Account, Tinubu noted that "the excess crude reserve account is itself an illegality, carried over from the military era, as there is no provision in the law or the constitution for federally - collected revenues to be diverted to such an account”.

Advocating constructive dialogue on the management of the economy Governor Tinubu said "it is time for us to sit down and dialogue about how to move from where we are now, to where we need to get to, while respecting true federalism in fiscal and other matters”.

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

kettykin:
These planless Apc folks trying very hard to blame their ineptitude on the past government, can someone tell this people that Nigerians are tired of their gimmicks.
Whose permission does the finance minister need to spend, did she spend it on herself or on the nation.


Everyone can see this people have nothing new to offer except Blaming the previous government for any and every thing.

That is what US is doing to Nigeria. Pushing for the destabilizing of the Nation and then open a window for them to stand as the only help and solution to our problem by presenting an outrageous demand on us.

Hope I'm not blaming some one other than APC

skykenny:
The administration GEJ was characterised of recklessness, impunity and corruption. I am glad to be a part of the team that sent him packing.

I am sad to see a dummy display himself openly in public =>

FG, States, LGs Share N568.4 Billion for Oct
15 NOVEMBER 2013

Also, $1billion was proposed for distribution to complement shortfall in expected revenue." The $1billion is a compromise by the FG over its words in September not to augment shortfalls anymore.

Responding to the presentation, the chairman of the States Commissioners of Finance and Ebonyi State Commissioner of Finance, Mr Timothy Odaah, lamented that the statutory allocation was getting smaller and smaller. "It appears this is the worst in terms of returns. This is the least in allocations as far as this year is concerned. We are mourning the dearth of funds and this is a wakeup call for states and local governments to buoy up their internally generated revenue."

While appreciating the "magnanimity" of President Goodluck Jonathan to approve the $1billion from the excess crude account and to be shared among the federal, state and local governments, Odaah expressed disappointment with the returns made by the NNPC.

He said that [size=14pt]the states had requested for $2bn[/size] to complement for the shortfall in revenue but got only $1billion. In September, Odaah and fellow commissioners had walked out of the Accountant General of the Federation (AGF) when the federal government said that the framework of the 2013 budget was no longer realistic and it won't augment shortfall in revenue. Odaah raised issues with the statutory allocations of previous months.

More from: http://allafrica.com/stories/201311150323.html

Please they should transfer her to Anambra prison

Witch hunting has started

victorels:


http://www.punchng.com/news/okonjo-iweala-spent-2-1bn-without-approval-says-fg/

This woman is a fvcking CONS artist. In spite all in charges of money matter like of CBN now

we need actions sir....

AnyibestDede:
Can somebody pls tell pmb and his vice that campaign is over and that they are the ruling party now.

kettykin:
These planless Apc folks trying very hard to blame their ineptitude on the past government, can someone tell this people that Nigerians are tired of their gimmicks.
Whose permission does the finance minister need to spend, did she spend it on herself or on the nation.


Everyone can see this people have nothing new to offer except Blaming the previous government for any and every thing.

1.Your comments show that you are ready to excuse bad things....solong as it is the sister looting.

2.We don't have enough money because the oil prices have fallen. Why should we not get back any illegally squirreled away cash? Our job is to make sure such cash is recovered, and spent on things that will benefit us.

And if it isn't, or if PMB turns out to be PDP mirror image....your vote, your power.

oko njo iwe ala, there is God ooooooo

Hmm NIGERIAN POLITICS SEASON 2 EPISODE 40. /* sits tight wit ma pop corn for this interesting editiom*/

vedaxcool:


Keep yapping nonsense that betrays your ignorance, how would u ask whose permission she needs to ask, when as a minister she can't approve spending above 10m without recourse to the FEC. It is a pity to see nigerians like yourself nigeriansg such illegal behavior.

Please enlighten them cos I dont talk tire, I don know how mentally handicapped people enter this forum.

BUHARI SHOULD GO & SIT DOWN ONE PLACE, WHEN BUHARI EMPTIED & SIPHONED PTF WAS IT APPROVED. ALL DIS FULANI COMING 2 HIJACK OUR GVT, non-Nigerian, imbeciles

victorels:


http://www.punchng.com/news/okonjo-iweala-spent-2-1bn-without-approval-says-fg/

If it was without approval how then did she get access to the money?

Send them thieves to where they belong.

See her face sef.

Nigerians will do a lot of ranting in this 4yrs.....

Gbogbo yi ni oleeeeeeeeeeeeee. Pakaw

Persin wey don run comot.Nah to dey flex with HOT DOG/Burger for yonder.

Rilwayne001:
Na to jail her remain.

[size=15pt] Iya Oni Gele [/size]

Emir Sanusi Lamido Sanusi is vindicated.

HRich:
If it was without approval how then did she get access to the money?

Stealing doesn't need an approval.

Personally i have refrained myself from criticising Buhari's administration until after 6 months, then i will do a NL.appriasal.
But for this one, i think the statement by Oshiomhole & thosr govs from NEC meeting was rash considering the fact that no proper questions or investigations had been carried out by a newly constituted council & their first pronouncrnt was N3 trillion was spent 'illegally'.

SUBMARINE:
NIGERIANS SAY AFTER ME

PRAY NOT TO BE AS CONFUSED AS BUHARI

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PRAY NOT TO BE AS CONFUSED AS BUHARI

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PRAY NOT TO BE AS CONFUSED AS BUHARI

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well, from your posting you're the dumbest of the day.

diversion tactics

bbjummy:

Stealing doesn't need an approval.

APC GOVERNMENT said SPENT not Stealing.

And they sacked sanusi 4 saying what he saw, now sanusi still exits as a leader; they become ordinary citizens today and prisoners 2morow. Baba na real!