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$49.8bn Oil Funds Not Missing, Says Senate - Politics - Nairaland

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Buhari’s Budget Fails Integrity Test, Says Senate / NNPC Questions Missing $2.8bn Oil Money During Buhari's Tenure As Minister / Over Alleged Missing $49.8bn Oil Money: Sanusi Says ‘i’m Sorry’ (2) (3) (4)

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$49.8bn Oil Funds Not Missing, Says Senate by jfem: 5:12am On Jul 11, 2014
DETAILED SOURCE: http://nationalmirroronline.net/new/49-8bn-oil-funds-not-missing-says-senate/

…rejects proposal to remove fuel subsidy
Condemns Emir of Kano, Sanusi

The Senate yesterday delcared that the alleged $498.bn missiing oil proceeed are intact just as it opposed a fresh proposal to remove fuel subsidy.

The proposal to remove subsidy was made as senators considered the report of the joint Committees on Finance and Banking and Currency, which investigated the alleged missing of $49.8bn from the Federation Account and opposed the recommendation of the committee that fuel subsidy should be removed.

This was also as the lawmakers advised President Goodluck Jonathan to prepare and present to the National Assembly a supplementary budget “to cover the expenditure in the sum of N90.6bn for PMS (premium motor spirit) subsidy 2012 and N685.9bn for kerosene subsidy expended without appropriation by the National Assembly.”

While rejecting the idea of fuel subsidy removal now, the Senate advised the government to instead, ensure adequate punishment for those defrauding the nation under the guise of fuel subsidy claims.

The lawmakers lamented that a number of cases against subsidy fraud seem to have been abandoned in the court.

The former Governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi, had alleged that the Nigerian National Petroleum Corporation, NNPC, had failed to remit $49.8bn to the Federation Account over a 19-month period

DETAILED SOURCE: http://nationalmirroronline.net/new/49-8bn-oil-funds-not-missing-says-senate/

1 Like

Re: $49.8bn Oil Funds Not Missing, Says Senate by slimfit1(m): 5:32am On Jul 11, 2014
So we are supposed to believe them after they have been paid to keep quiet.

31 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by Kessleek(m): 5:43am On Jul 11, 2014
JESSUUU!!!! I TRUE TRUE MAKE AM. SECOND TO COMMENT NONI. OYA TIME TO AIM HIGHER

1 Like

Re: $49.8bn Oil Funds Not Missing, Says Senate by ojimbo(m): 5:46am On Jul 11, 2014
its not that their is no missing money but its definetly not the sanusi is shouting of

1 Like

Re: $49.8bn Oil Funds Not Missing, Says Senate by Kanwulia: 5:58am On Jul 11, 2014
The thieves just keep getting bolder.

Bold!
Bolder!
Boldest!

The NORTH was bold.
The WEST was bolder.
The SOUTH IS BOLDEST.

By the time we get to the EAST. . . . .

HMMMMMMMMM!!!!! lipsrsealed

30 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by iluvnaija: 7:03am On Jul 11, 2014
The Senate just announced a written script!
We are not fools.

12 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by datguru: 7:23am On Jul 11, 2014
If not missing, where is it as we speak kiss

6 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by dridowu: 7:24am On Jul 11, 2014
The lawmakers has just read out the script . Am not suprise at all. He who pays the piper call the tune.

3 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by Nobody: 7:24am On Jul 11, 2014
Politicians just dey toy wit nigerians Make better tunda fire all of una including pple wey talk say moni mis & thieves wey talk say e no miss

10 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by englishmart(m): 7:24am On Jul 11, 2014
Ok, I agree with them. But, where is the money? How come I don't see it? Why haven't I received my own share. Pls change the story.

2 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by hydeka: 7:24am On Jul 11, 2014
Oh really? But how do we start believing you guys now? If you can trust politicians then you're either naive or a man of great faith.

2 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by BlackPeni5: 7:24am On Jul 11, 2014
Who knows the amount of money that have gone missing between when SLS brought the missing $20billion to our attention and now.

We are focused in the past but nobody is looking at the loopholes which allowed that amount to go missing in the first place thereby allowing them to continue their evil deeds.

10 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by elisinho(m): 7:25am On Jul 11, 2014
Why. You too dey lie. Like dis

E good or your eye
Re: $49.8bn Oil Funds Not Missing, Says Senate by lafuria1(m): 7:25am On Jul 11, 2014
Which means the money exist but not in cbn account right. It's either the money was never there or it was but not remitted into the cbn account.

So where is the money now? Federation account or foreign account?

2 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by oskaaay(m): 7:26am On Jul 11, 2014
jfem: DETAILED SOURCE: http://nationalmirroronline.net/new/49-8bn-oil-funds-not-missing-says-senate/

…rejects proposal to remove fuel subsidy
Condemns Emir of Kano, Sanusi

The Senate yesterday delcared that the alleged $498.bn missiing oil proceeed are intact just as it opposed a fresh proposal to remove fuel subsidy.

The proposal to remove subsidy was made as senators considered the report of the joint Committees on Finance and Banking and Currency, which investigated the alleged missing of $49.8bn from the Federation Account and opposed the recommendation of the committee that fuel subsidy should be removed.

This was also as the lawmakers advised President Goodluck Jonathan to prepare and present to the National Assembly a supplementary budget “to cover the expenditure in the sum of N90.6bn for PMS (premium motor spirit) subsidy 2012 and N685.9bn for kerosene subsidy expended without appropriation by the National Assembly.”

While rejecting the idea of fuel subsidy removal now, the Senate advised the government to instead, ensure adequate punishment for those defrauding the nation under the guise of fuel subsidy claims.

The lawmakers lamented that a number of cases against subsidy fraud seem to have been abandoned in the court.

The former Governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi, had alleged that the Nigerian National Petroleum Corporation, NNPC, had failed to remit $49.8bn to the Federation Account over a 19-month period

DETAILED SOURCE: http://nationalmirroronline.net/new/49-8bn-oil-funds-not-missing-says-senate/


Where is it/


While you dey calm with the comment. Check out doctors/nurses jobs opportunity abroad at http://careerpingger.revlisimo.org/jobs-for-nigerian-doctors-and-nurses-in-saudi-and-qatar/ and inform friends......
Re: $49.8bn Oil Funds Not Missing, Says Senate by englishmart(m): 7:27am On Jul 11, 2014
Adikam: H
you resemble that "H" Wey u take dey book space

2 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by adconline(m): 7:28am On Jul 11, 2014
N698 bn was spent on Kerosene subsidy without appropriation ie not provided and another N90bn was spent on PMS subsidy without being budgeted for? So where did about N800bn come from in 2012?

7 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by highmey(m): 7:28am On Jul 11, 2014
This was also as the lawmakers advised President Goodluck Jonathan to prepare and present to the National Assembly a supplementary budget “to cover the expenditure in the sum of N90.6bn for PMS (premium motor spirit) subsidy 2012 and N685.9bn for kerosene subsidy expended without appropriation by the National Assembly.”

^^^Things are not always right here! Why?

How can you ascertain that the money is not missing, whereby it hasn't been accounted for?

Isn't is right to first request from the President how the money was spent or expended (breakdown of the expenses and other evidence(s)), before they draw at a "reasonable conclusion"?

They have even concluded the outcome before seeking for proof!?

Working from the answer to question, so sad!!!

4 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by Marvyx(m): 7:28am On Jul 11, 2014
This is absolutely ridiculous..Who are we going to believe? Why are these old men toying with the us? Anytime i think about this government i just shake my head.. Na dem sabi *continues munching my chairman bread*.
Re: $49.8bn Oil Funds Not Missing, Says Senate by DaGC(m): 7:28am On Jul 11, 2014
Sometimes, I just wonder....
Re: $49.8bn Oil Funds Not Missing, Says Senate by englishmart(m): 7:29am On Jul 11, 2014
Its not what u think

1 Like

Re: $49.8bn Oil Funds Not Missing, Says Senate by MillionDollars: 7:30am On Jul 11, 2014
White lie
Re: $49.8bn Oil Funds Not Missing, Says Senate by bitterpenis(m): 7:30am On Jul 11, 2014
e only vanish or go into extinction abi?
Re: $49.8bn Oil Funds Not Missing, Says Senate by Nobody: 7:31am On Jul 11, 2014
jfem: DETAILED SOURCE: http://nationalmirroronline.net/new/49-8bn-oil-funds-not-missing-says-senate/

…rejects proposal to remove fuel subsidy
Condemns Emir of Kano, Sanusi

The Senate yesterday delcared that the alleged $498.bn missiing oil proceeed are intact just as it opposed a fresh proposal to remove fuel subsidy.

The proposal to remove subsidy was made as senators considered the report of the joint Committees on Finance and Banking and Currency, which investigated the alleged missing of $49.8bn from the Federation Account and opposed the recommendation of the committee that fuel subsidy should be removed.

This was also as the lawmakers advised President Goodluck Jonathan to prepare and present to the National Assembly a supplementary budget “to cover the expenditure in the sum of N90.6bn for PMS (premium motor spirit) subsidy 2012 and N685.9bn for kerosene subsidy expended without appropriation by the National Assembly.”

While rejecting the idea of fuel subsidy removal now, the Senate advised the government to instead, ensure adequate punishment for those defrauding the nation under the guise of fuel subsidy claims.

The lawmakers lamented that a number of cases against subsidy fraud seem to have been abandoned in the court.

The former Governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi, had alleged that the Nigerian National Petroleum Corporation, NNPC, had failed to remit $49.8bn to the Federation Account over a 19-month period

DETAILED SOURCE: http://nationalmirroronline.net/new/49-8bn-oil-funds-not-missing-says-senate/
Lesson: never put a cattle-rearer in charge of a Central Bank

5 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by jericco1(m): 7:31am On Jul 11, 2014
National Moi Moi, devide the National cake, i go chop my own, if you like no chop your own, but the government will not chop alone. Abating corruption.
Re: $49.8bn Oil Funds Not Missing, Says Senate by Lildreezy(m): 7:31am On Jul 11, 2014
shey all the Lie Mohammad and Tinubu people qo rest now?

Personally, i think Jona is corrupt, but 49.8billion dollars? Or even 20billion? Bruva be reasonable, that will bankrupt the Nigerian Government @ once nah...



This chibok girls too...hmm

5 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by koboko69: 7:31am On Jul 11, 2014
I just hate seeing that aspect that subsidy was paid on kerosene after a presidential directive to stop such payments and when there are no known beneficiaries. Imagine the next poo, prepare a suplimentary budget to cover....bla bla bla. Please if any nairalander have bought kerosene at the subsidized rate, he/she should let us know, cos seems ghosts have been making use of kerosense since GEJ administration

7 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by Nobody: 7:34am On Jul 11, 2014
do not try to wake up a dead horse..i don talk my own oo
Re: $49.8bn Oil Funds Not Missing, Says Senate by englishmart(m): 7:34am On Jul 11, 2014
dridowu: Ok
Na 2go be this?
datguru: If not missing, where is it as we speak kiss
cbn of course
iluvnaija: The Senate just announced a written script!
We are not fools.
ya right. But don't speak for everybody. Some of us might be fools.
Kanwulia: The thieves just keep getting bolder.

Bold!
Bolder!
Boldest!

The NORTH was bold.
The WEST was bolder.
The SOUTH IS BOLDEST.

By the time we get to the EAST. . . . .

HMMMMMMMMM!!!!! lipsrsealed
would you shut that fvking hole in your face?
ojimbo: its not that their is no missing money but its definetly not the sanusi is shouting of
gibberish
Kessleek: Just in case
how do u mean?
slimfit1: So we are supposed to believe them after they have been paid to keep quiet.
ooooooooh see them o.

2 Likes

Re: $49.8bn Oil Funds Not Missing, Says Senate by Nobody: 7:34am On Jul 11, 2014
Lildreezy:
This chibok girls too...hmm
Sanusi probably provided funding for the chibok kidnapping operation

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