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Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi - Politics - Nairaland

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Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Omooba77: 6:39pm On Mar 20, 2015
Abuja—The Nigerian National Petroleum Corporation, NNPC, yesterday, accused the Emir of Kano, HH Muhammadu Sanusi, of attempting to reinvent the wheel of his false allegations against the corporation, advising the former Governor of the Central Bank of Nigeria, CBN, to own up and apologise for his errors.
The NNPC was reacting to claims by Sanusi, who gave an interview to an international news medium, that the issues surrounding the alleged unremitted $20 billion have not been adequately addressed.

Lamido Sanusi
The NNPC in a statement by Mr. Ohi Alegbe, Group General Manager, Group Public Affairs Division, said, “We believe that his royal dignity will be best served and preserved if he owns up to his error of raising false allegation and apologise for same rather than continue in error believing that if he continues to harp on his false allegation it will someday be accepted as the truth.”
According to Alegbe, the respected traditional ruler has got it wrong again in much the same way his failure to grasp the issues of remittances to the Federation Account led him into the embarrassing error of alleging that NNPC failed to remit $49.8 billion oil revenue into the Federation Account, an allegation which has since been proved to be false even by his own account.
He called on Nigerians to discountenance the latest attempt to resurrect the campaign of calumny against the NNPC.
Alegbe insisted that the latest strategy of Sanusi is against the findings of the Senate Committee on Finance and PricewaterhouseCoopers (PwC), who both cleared the NNPC of the allegation.
He said, “Our attention has been drawn to the latest gambit of the former CBN governor and Emir of Kano, Muhammadu Sanusi II, to reinvent the wheel of his false allegations against the Nigerian National Petroleum Corporation by insisting, during an interview with Christiane Amanpour of the Cable News Network (CNN), that the issues surrounding his allegation of unremitted $20bn have not been adequately addressed.
“According to the royal father, ‘One of them (issues) is the billions of dollars being paid in kerosene subsidies without appropriation by the National Assembly and against a presidential order and we don’t know who authorised those payments and yet no one has owned up to say I authorised the payments, I made a mistake’.
“But it is on record that he (as CBN Governor) attended the hearings of the Senate Committee on Finance where the issue of kerosene subsidy was exhaustively looked at vis-à-vis the Presidential Memo directing the removal of kerosene subsidy. The explanation was that the process of implementing the Presidential directive was not followed through by the Minister of Petroleum Resources at that time as required by law which technically meant that kerosene subsidy was not removed.
“It was on the basis of this that the Senate Committee on Finance in its report recommended that the Executive should prepare and present to the National Assembly a supplementary budget ‘to cover the expenditure in the sum of N90.6 billion for Premium Motor Spirit subsidy 2012 and N685.9 billion for kerosene subsidy expended without appropriation by the National Assembly’.
“PricewaterhouseCoopers (PwC) also observed in its recent forensic audit report thus: ‘Regarding the issue of subsidy on DPK (kerosene) the Presidential Directive of 19 October, 2009, was not gazetted and there is no other legal instrument cancelling the subsidy on DPK. The Senate Committee had also concluded that all that was now required was for the FGN to propose appropriation for the unappropriated subsidy for the period in a supplemental budget.’

Alegbe further stated that the NNPC is at a loss as to the import of Sanusi’s statement that issues surrounding his allegation of unremitted $20 billion, especially regarding kerosene subsidy, have not been adequately addressed.

The NNPC in a statement by Mr. Ohi Alegbe, Group General Manager, Group Public Affairs Division, said, “We believe that his royal dignity will be best served and preserved if he owns up to his error of raising false allegation and apologise for same rather than continue in error believing that if he continues to harp on his false allegation it will someday be accepted as the truth.”

According to Alegbe, the respected traditional ruler has got it wrong again in much the same way his failure to grasp the issues of remittances to the Federation Account led him into the embarrassing error of alleging that NNPC failed to remit $49.8 billion oil revenue into the Federation Account, an allegation which has since been proved to be false even by his own account.

He called on Nigerians to discountenance the latest attempt to resurrect the campaign of calumny against the NNPC.

Alegbe insisted that the latest strategy of Sanusi is against the findings of the Senate Committee on Finance and PricewaterhouseCoopers (PwC), who both cleared the NNPC of the allegation.

He said, “Our attention has been drawn to the latest gambit of the former CBN governor and Emir of Kano, Muhammadu Sanusi II, to reinvent the wheel of his false allegations against the Nigerian National Petroleum Corporation by insisting, during an interview with Christiane Amanpour of the Cable News Network (CNN), that the issues surrounding his allegation of unremitted $20bn have not been adequately addressed.

“According to the royal father, ‘One of them (issues) is the billions of dollars being paid in kerosene subsidies without appropriation by the National Assembly and against a presidential order and we don’t know who authorised those payments and yet no one has owned up to say I authorised the payments, I made a mistake’.

“But it is on record that he (as CBN Governor) attended the hearings of the Senate Committee on Finance where the issue of kerosene subsidy was exhaustively looked at vis-à-vis the Presidential Memo directing the removal of kerosene subsidy. The explanation was that the process of implementing the Presidential directive was not followed through by the Minister of Petroleum Resources at that time as required by law which technically meant that kerosene subsidy was not removed.

“It was on the basis of this that the Senate Committee on Finance in its report recommended that the Executive should prepare and present to the National Assembly a supplementary budget ‘to cover the expenditure in the sum of N90.6 billion for Premium Motor Spirit subsidy 2012 and N685.9 billion for kerosene subsidy expended without appropriation by the National Assembly’.

“PricewaterhouseCoopers (PwC) also observed in its recent forensic audit report thus: ‘Regarding the issue of subsidy on DPK (kerosene) the Presidential Directive of 19 October, 2009, was not gazetted and there is no other legal instrument cancelling the subsidy on DPK. The Senate Committee had also concluded that all that was now required was for the FGN to propose appropriation for the unappropriated subsidy for the period in a supplemental budget.’

Alegbe further stated that the NNPC is at a loss as to the import of Sanusi’s statement that issues surrounding his allegation of unremitted $20 billion, especially regarding kerosene subsidy, have not been adequately addressed.

He queried why Sanusi appears hell-bent on hanging a tag of corruption on the NNPC even when all the inquiries into his allegation of unremitted funds have proved otherwise, adding that his persistence remains a mystery to the corporation.
Continuing, he said, “Both the Senate Committee on Finance and PricewaterhouseCoopers have investigated the allegations and came out with reports exonerating the Corporation.

“It would be recalled that Sanusi began his campaign of calumny against the Corporation with a false alarm that it failed to remit a whopping $49.8 billion being proceeds of crude oil sales into the Federation Account.

“Upon reconciliation of the figures with relevant agencies whereupon it was discovered that the balance of unremitted oil revenue was actually the amount spent by the Corporation on its operations in accordance with the law (NNPC Act), Sanusi II began to play games with figures submitting at various times that $10.8 billion, $12 billion, and $20 billion was what was unremitted by the Corporation.”

http://www.vanguardngr.com/2015/03/alleged-missing-20bn-own-up-to-your-errors-nnpc-tells-sanusi/#sthash.iRQkNtjm.dpuf

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Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Nobody: 6:40pm On Mar 20, 2015
mr sanusi apologised for his error and sent a letter to senator makarfi!. i wonder why the doesnt want to own up to his error.. its very immature.
update*
call oga jona clueless all u want, this man has displayed the kind of humility and calmness u can only find in sumbody the LORD has anointed..
president Jonathan your days will be long.

45 Likes 5 Shares

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Omooba77: 6:51pm On Mar 20, 2015
Who dey tell truth now
Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Omooba77: 7:31pm On Mar 20, 2015
I would have love this man producing paper evidences,rather words

7 Likes 2 Shares

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by clevvermind(m): 7:33pm On Mar 20, 2015
Sanusi is just sick in the brain.

21 Likes 1 Share

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by ellechrystal(f): 7:37pm On Mar 20, 2015
Ekulu
Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Omooba77: 8:00pm On Mar 20, 2015
ellechrystal:
Ekulu
Translate please!
Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Omooba77: 8:03pm On Mar 20, 2015
clevvermind:
Sanusi is just sick in the brain.
Please respect his position sir

9 Likes

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Sweetguy25: 8:10pm On Mar 20, 2015
Sanusi is a big fooool.

22 Likes 3 Shares

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Omooba77: 8:15pm On Mar 20, 2015
I beg warn them not to abuse our Emir oh
Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by angrybird007: 8:32pm On Mar 20, 2015
Choi!
20 billion dollars wan go as ERROR be dat.
GEJ why undecided
Wetin we(NIGERIANS)do you?

16 Likes 1 Share

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Richie0974: 8:33pm On Mar 20, 2015
G
Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by SeverusSnape(m): 8:33pm On Mar 20, 2015
My Jonathan and Diezani are innocent afterall... Sanusi is such a heartless man.

17 Likes 1 Share

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by bigv(m): 8:33pm On Mar 20, 2015
There was a country called Nigeria.

2 Likes

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by SeverusSnape(m): 8:33pm On Mar 20, 2015
Sweetguy25:
Sanusi is a big fooool.
Very big fool.

12 Likes 1 Share

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by aare07(m): 8:34pm On Mar 20, 2015
Then send all of them to Business School
Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Nobody: 8:34pm On Mar 20, 2015
Meanwhile....a certain report is yet to be released in full.....

But from what we have seen so far......$1.4BN is still a lot of money.

Someone in NNPC is busy bluffing and puffing......

GEJ will earn my undying admiration....if he takes a Dyson vacuum cleaner and cleans out that Augean stable that is our House of Petra Oleum.

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Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by efilefun(m): 8:34pm On Mar 20, 2015
TANoids are busy here posting trash calling Sanusi names cuz he's not supporting the clueless one while your otuoke drunkar.d is busy kneeling down for sanusi and his family.... Eyin oponu

And to the criminalmind below me you need to grow up and stop spamming every thread on nairaland with those junk stories.... we don see am no be until you chook am inside our eyes... why wont a criminal minded person be in favor of Jona.dunce when you are all the same

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Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by criminalmindz: 8:35pm On Mar 20, 2015
VOTE WISELLY

Letter to Buhari from the grave of the innocents –
By Bashir Yusufu
Dear General Buhari; I would’ve addressed this letter privately to you, but in the expectation that you may not receive it, I decided to make it an Open Letter, in the hope that you would stumble on it, read it and hopefully feel some of the pains and anguish that have been my lot. Having said that, permit me therefore to proceed with the rest of this missive from the grave of innocents departed.
Last night, while I was at my modest home in Katsina, relaxing and probably half-awake, I heard the voice of my cousin who was killed in the North in April 2011 during the post-election violence instigated by your loss of the presidential election. With bloodshot sad eyes, my cousin, looking apparition-like, was wailing “Gen Buhari, why why”. My cousin’s name is (or was) Mallam Yusuf Danfulani, a bright young lad originally from Katsina State, who was slaughtered in cold blood and set on fire by youths chanting “Sai Buhari”, like they are again now chanting in 2015.
Gen Buhari, in case you have forgotten, Yusuf was slaughtered in your name even though he never did any wrong to you, and even voted for you against Dr Jonathan. He lost his life just because the murderers you encouraged by your many hate speeches believed Yusuf to be from middle belt or southern Nigeria, most probably because of his bulky looks and brave, patriotic attempts to prevent the killing of an innocent Youth Corper, Ukeoma Ikechukwu. Even though he cried out in Hausa and Fulfulde, he was still not believed by those you (Buhari) managed to brainwash to see all non-Fulani Nigerians as conspiring to vote against you. In this very case, Yusuf voted for you but his ‘Sai Buhari’ killers never believed he did. Like you, Gen Buhari, the mob was baying for the blood of innocents.
If not for Yusuf’s best friend who was with him and was himself nearly killed, we would not have recognized his charred body that was burnt beyond recognition. And thanks to the same friend for recounting to us the little he could make out at the last moments of Yusuf’s life, the agony he passed through and the most important words he uttered before he gave up. It is the same words I heard him utter last night from the grave: ‘Gen Buhari, why why’. Yet, to this day, you (Buhari) have not cared to apologize or show any remorse, but you instead offered lame excuses for the bloodletting you had instigated, and still instigate. I now ask you this: Gen Buhari, must you always shade blood, like you started doing from 1983, to rule Nigeria? Do you recall how you killed Brigadier Bako in 1983 just so you could take power by force from Shehu Shagari?
General Buhari, Ukeoma Ikechukwu himself was reported missing that same day Yusuf was murdered by your supporters, and finally confirmed dead the following day when his charred remains was discovered in a hooded area. Apparently, your supporters had dragged him out of the open and tortured him before finally snuffing life out of him. Like my cousin, Yusuf, Ukeoma was very young and an innocent. Unlike Dr. Jonathan, they were not contesting against you. Yet, when they were killed, part of Nigeria was killed with them; the same Nigeria that you are now angrily campaigning to rule.
Yusuf and Ukeoma were not alone. Six other innocent Youth Corpers were also murdered in Bauchi, where you Buhari, polled 1,315,209 votes (almost 82 per cent), defeating Dr Jonathan who scored 258,404 votes and did not even hit the 25 per cent mark. The corps members were reportedly chased to a police station where they sought refuge. But the rioters, who were raving mad with bloodlust and chanting “Sai Buhari”, overran the station and murdered the young Nigerians in cold blood. So, Gen Buhari, as you can see from the Bauchi result and it’s aftermath, your supporters even shade blood when you win; still you have no qualms. Today, you are prancing around the nation, arrogant and angry as usual, behaving like you have already won the election; and thus setting up another bloodletting if you are not announced winner.
The story of Obinna Okpokiri is as heart-wrenching as Yusuf’s. The 27-year-old was butchered and burnt to ashes, in the service of his fatherland. Okpokiri’s own circumstances were as gruesome as they could be. He had run to the Corpers’ Lodge as the rampaging ‘Sai Buhari’ rioters targeted Youth Corper polling officers recruited by INEC for the election. As painful death loomed, the young Nigerians contemplated fleeing to the barracks. But they were not lucky enough. Your ‘Sai Buhari’ supporters caught up with them, slaughtered and set them on fire. Like Yusuf, these innocents are human beings and future leaders on the last laps of fulfilling their national duty before moving on to a bright future. But it was not to be because, in your name, Gen Buhari, they were slaughtered, sliced, soaked in petrol and scorched. Reduced to ashes in minutes and in the most callous fashion by those that are not better citizens or humans than them.
General Buhari, while you are now busy inciting another violence, please bear in mind that in 2011, your supporters turned violent in whole 12 northern states as they burned the homes, vehicles, and properties of innocent Nigerians, some of whom are also Muslims and Northerners like you and my cousin Yusuf. Your ‘Sai Buhari’ supporters also targeted and killed Christians and members of southern Nigerian ethnic groups, who were seen as supporting the PDP, and they burnt churches across the north. One particular attack in Bauchi stood out as most heart-breaking. According to Human Rights Watch, on April 17 in Giade, a rural town in northern Bauchi, ‘Sai Buhari’ mobs attacked youth corps members in the town. The Corpers, who were mostly from Yoruba, ran to the local police station to seek refuge, but the mobs stormed the police station. The mob killed the police officer on duty and burned down the police station. They raped two of the female youth corps members and then hacked them to death with machetes, along with five male youth corps members. In total, rioters killed ten youth corps members in that town alone.
A lecturer at the Nuhu Bamalli Polytechnic, Zaria, Kaduna State, described to Human Rights Watch how a mob of Muslims chanting “Change, Sai Buhari” attacked and killed several Christian students, a Christian lecturer and four Muslim students suspected of being PDP sympathizers on April 17: He said “Between 10 a.m. and 12 p.m., they entered the school chanting slogans and shouting: “Where are the Christians and Muslims that supported the ruling party?” They had painted their faces black and were shouting that they needed “change”, the Congress for Progressive Change campaign slogan. The mob had all sorts of weapons – machetes, sticks, and clubs. They started breaking the glass on the buildings. The students ran away but the mob pursued them into the staff quarters and they had nowhere to go. The mob beat them to death. The lecturer they killed was Yoruba“.
Finally, Gen Buhari, let me end this letter by asking you this question: When are you going to apologize to me, to Yusuf’s aged parents, to Ukeoma’s parents, to parents of all innocents murdered by your brainwashed supporters, to Nigeria and to mankind? And here is Yusuf again, asking you from the grave: “Gen Buhari, why why”.
Bashir Yusufu.
yusufubashir@yahoo.com

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Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by ellechrystal(f): 8:35pm On Mar 20, 2015
Omooba77:

Translate please!
Lol. Means wahala dey o
Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Canme4u(m): 8:35pm On Mar 20, 2015
Sai-Buhari2015

I have decided.

4 Likes 2 Shares

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Nobody: 8:35pm On Mar 20, 2015
20 billion dollars Dats more than The Budget of Zimbabwe since Robert Mugabe assumed power..
Why won't it missing..When the Ceremonial president never knows anything,a govt where stealing is not corruption and America will know all things.
People, its time for Change.. The Change is now.
APC is the Change.
Vote Buhari/Osinbanjo Come March 28th.
Vote All APC Gubernatorial candidates come APRIL 11.
Vote change.
Vote Development
Vote a Better Nigeria.
sai Buhari !!

7 Likes

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by criminalmindz: 8:36pm On Mar 20, 2015
SeverusSnape:
Very big fool.

1 Like

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by ebenco2000: 8:36pm On Mar 20, 2015
Sweetguy25:
Sanusi is a big fooool.
He knows what he is talking about NNPC stinks with corrupt practices. When Buhari becomes president the truth will come out. Obasanjo refused to appoint minister of petroleum when he was president because he knew the petroleum ministry was filled with corrupt people.

7 Likes

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Genes1s: 8:36pm On Mar 20, 2015
So $20billion now don to #10 wey feel fall down 4 pocket abi?? grin

3 Likes

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by fitzmayowa: 8:36pm On Mar 20, 2015
BTW I thought PWC cleared NNPC, or is PWC also involved in this scandal

Well in naija anything and everything is possible...

3 Likes

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by reylova: 8:36pm On Mar 20, 2015
so serious
Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Panshow(m): 8:36pm On Mar 20, 2015
May God bless the Emir. He's better than what we have heading the CBN now. At least he didn't devaluate our Naira.

3 Likes

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by Nobody: 8:36pm On Mar 20, 2015
clevvermind:
Sanusi is just sick in the brain.

Whatever the state of HRH's cranial process is.....the fact remains that the NNPC is not a clean house.

And no....the problem did not start today....it started ages ago.

Anyways....what do I know. I am just a Nigerian....after all.....

1 Like

Re: Alleged Missing $20bn: Own Up To Your Errors, NNPC Tells Sanusi by ichidodo: 8:36pm On Mar 20, 2015
Sanusi is a rabid hypocritical loud mouth who enjoys playing to the gallery in a horrible attempt to hoodwink Nigerians....He knew GEJ was on to him as per his reckless missapropriation of CBN funds and before you could say 'jack robinson' Sanusi threw up this false alarm to fool Nigerians and escaped to Kano in the ensuin confusion.

6 Likes

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