lincolnj88:
u are just anoda die hard haterz of gej..... I trust My gej and his cabal....... D only.ansa ameachi will get is silence, because its d best ansa given to a foollll.....

Abt d waterways, since u are from d desert, d state govt is responsible for d state inland waterways, and crude Oil is been channeled from the inland waterways to d international waterways were d nigeria navy has 10% of tackling crude Oil theft..... If the inland wáter ways are tight den we will have little or no crude oil theft....

take dat: Is Amaechi a member of the Jang led NGF? Is Jang elected to govern Nigeria? Each State is a stake holder, Plateau cannot decide for Lagos or Rivers likewise Rivers cannot decide for Plateau. The ECA is not a FG account, it is a Federation Account. The President cannot unilaterally make decisions to deduct from the ECA to augment the shortfall in revenue simply because he is incapable of curbing crude oil theft. The problem is that there is no synergy, and you can't lay the blame solely at the feet of Amaechi, the President himself is guilty.

If you guys want to attack Amaechi, I am less concerned but he raised genuine questions!

ujoinme:

Dude was it not the same amaechi that threaten the FG with fire and brimstone if it did not share the ECA to states? get your facts right! the FG did just what Amaechi and his faction of NGF asked for from the FG and now they are crying wolf.

callmenow: The CME and Minister for Finance, Dr Okonjo Iweala is very combative and acerbic when she wants to. Two days ago at the Hilton Hotel in London's Park Lane, She was asked about ASUU strike. She expressed her sadness about the death of Festus Iyayi and condoled with the family. She adumbrated the efforts of the administration. 200 Billion naira for infrastructure to education this year. 220 Billion naira next year. She left everyone dazed with statistics of what was done and being done. She acquitted herself successfully. I was very impressed. OBJ who recruited her all those years ago was genius. I sincerely believe that there is a misunderstanding between CME and Amaechi. I believe that CME will be giving out statistics by Tuesday, once she arrives Nigeria tonight. They are addressing different questions and or positions. She is one woman who looks frail, yet possesses fine brain and head on her shoulders. I hope CME has hobbies to help her relax. Carrying these figures in the brain/head is no longer encouraged. There are tablets and other PDA's to deal with stats.

taharqa:

Stop beating about the bush, Ikpeeee...... Where did this ' fixed amount of money the FG was spending per litre on subsidizing fuel' come from??

Once you answer that question, you may immediately help yourself out of your current mystery. I promise...

CLUE For an OLODO: why is that Govs have always wanted the Subsidy payment removed right from OBJ days? Why were they at the front wagon of the vanguard for its total removal last 2 year? Maybe, if the OLODO understands why, he would get an idea where that 'fixed #X Subsidy' ALWAYS came; and maybe, just maybe, he would have an inkling from where the #32 differential 'saved' from the #x would continue to come from. Maybe.

Will this link help the OLODO in this respect: http://www.nanngronline.com/section/general/ngf-criticises-fg-over-deduction-of-oil-subsidy-from-federation-account

tokunboh: Another attempt by Amaechi to muddle things up and confuse people. All the accounts people have mentioned here (FG Account, Federation Account, Excess Crude Account, SURE-P etc) are being funded majorly by remittances from NNPC's oil revenue. However, out of the $20.9bn NNPC realized from Jan 2013 - Sept 2013, only $7bn was remitted which leaves us with a shortfall of $13.9bn. This explains why all the accounts mentioned above were under-funded and hence the reason why requests were made that money in the ECA be used to fund these accounts and subsequently State & Local Government allocations.
So far, $5bn (N794bn) has been spent from the ECA and fortunately; our dear Rivers State got over N56bn from this money. The approx N740bn left would have been shared amongst the remaining 34 states and the FG. Amaechi knew all of this yet he decided to play to the gallery. How can you claim that the money that was not even deposited in the other accounts in the first place cannot be accounted for? Amaechi has been displaying traits pointing to the fact that he is not fit enough mentally to remain Governor.

alj harem: This is the MAJOR problem in Nigeria. When good people fail to tell the truth. Likes of awodman, taharqa, tokunboh(another silly igboman) etc know the truth and even worse, Ameachi has even told them the truth and they have decided to ignore the truth and chose the lie because of tribal sentiment.


Is Ameachi not from the SS ? but his conscience could not just let him rest

isale_gan2:

What does that mean? Appointed and elected officials should not be questioned?

We are not zombies!

texazzpete:


Now I feel somewhat insulted. All this stringing along and trolling just because this olodo thinks the 'Federation account' is the same thing as the excess Crude Account?!

Just...go. leave here and summon your superiors. I only hope your sponsors are wise enough not to pay you for the last 10 m0r0nic posts you've made.

taharqa: Ok oh, Bros. At least we are now getting swhere: so we have all now 'Finally' that Subsidy has always been paid from Or in lieu of d Federation Account. Now, we may now ask/answer the following questns: wetin d Federation Account be? That is, what Constituents (or are d Components of) d Federation Account? More specifically, is d ECA part of d Federation Account, from which d Govt has always been/can draw monies to pay such obligations as Subsidy payments #X and FROM WHICH it also 'saves' ie pays the #32 differential which it then sets aside as SURE-P??.... Like I said, we are getting closer to it. Or, are we actuali One is never sure of these things IF an OLODO is involved sha ...

lincolnj88: Ameachi a$$ must be boiling seeing lamido a$$ on fire...

@topic ameachi is becoming dumb....

He confirmed that he received 53billion naira...

The money he said was statutory allocation of the state from the federation account.....

there was shortfall in revenue there by the federation account was funded from the excess crude account ,there go d $5billion and he was a party to it including the remaining govt...

Ok he claimed that the federation account was funded by Oil and tax revenue ... And Oil accounting for 90% ....was he not aware of the crude theft, how come d federation was able to Fund its account with Oil revenue ,when we have 56% of Oil theft.....and d nation loss $89 million to crude Oil theft..........

So is ameachi telling us dat despite d crude Oil theft nigeria got more than a enough to Fund the federation account.....if so why did ngf chaired by him point to the Eca account, advising fg to Fund the revenue shortfalls......and set up commitee headed by uduaghan to check crude Oil theft.....

I trust noi , she will soon fire ameachi a$$

enigma_otr: It should be glaring to anyone that Mrs Ngozi goofed big time by telling Nigerians, that monies from the ECA was used in funding SURE-P.
As long as Nigerians still buy fuel, the SURE-P fund must not be financed from another account.
It has nothing to do with the budget, oil theft, or the price of crude oil. If the SURE-P has to be funded from another source, then the FG and its agencies have questions to answer.
In fact, if it's true that part of the $5b withdrawn from the ECA was used in financing the SURE-P, I'm demanding a refund of the extra N32 I've spent so far on the purchase of fuel.
But seriously, we need answers to those questions from Gov. Amaechi. I could've asked the same questions myself.

enigma_otr: It should be glaring to anyone that Mrs Ngozi goofed big time by telling Nigerians, that monies from the ECA was used in funding SURE-P.
As long as Nigerians still buy fuel, the SURE-P fund must not be financed from another account.
It has nothing to do with the budget, oil theft, or the price of crude oil. If the SURE-P has to be funded from another source, then the FG and its agencies have questions to answer.
In fact, if it's true that part of the $5b withdrawn from the ECA was used in financing the SURE-P, I'm demanding a refund of the extra N32 I've spent so far on the purchase of fuel.
But seriously, we need answers to those questions from Gov. Amaechi. I could've asked the same questions myself.

taharqa:

So which of the two accounts does the Govt get the #X that it spends as Subsidy?
FG Account Or Federation Account?

.... Infact, scratch that. I do no longer have the time to play games with ya KIDS any further.
Read:

http://allafrica.com/stories/201002221429.html
NOTE: The above link is from early 2010, B4 GEJ became President. Maybe if you understand the import of this, you just might start to get where the monies used to pay subsidies ALWAYS came from.

I will never become a low life of exchanging banters on internet with you. I will rather wait for the Minister and CBN Governor to answer the questions. Obviously i expect more intelligent answers from them.



Now, Goodbye. And quit the habit of attempting to argue with those eho are not your mates, K? Esp, when ya do not know what you are talking about.

enigma_otr: It should be glaring to anyone that Mrs Ngozi goofed big time by telling Nigerians, that monies from the ECA was used in funding SURE-P.
As long as Nigerians still buy fuel, the SURE-P fund must not be financed from another account.
It has nothing to do with the budget, oil theft, or the price of crude oil. If the SURE-P has to be funded from another source, then the FG and its agencies have questions to answer.
In fact, if it's true that part of the $5b withdrawn from the ECA was used in financing the SURE-P, I'm demanding a refund of the extra N32 I've spent so far on the purchase of fuel.
But seriously, we need answers to those questions from Gov. Amaechi. I could've asked the same questions myself.

texazzpete:


You're right. An olodo is involved here. Thank God you finally accept that you're an olodo

I'm not going round in circles with you anymore. Just answer the simple question that the RVSG has posed "Is SURE-P being funded with monies from the ECA?"

That is the only answer I seek right now.