Press statement from Presidency below.
President Buhari Tuesday in Abuja assured State
Governors that the days of impunity, lack of
accountability, and fiscal recklessness in the
management of national resources are over in Nigeria.
Speaking at a meeting with the Governors in the
Presidential Villa, President Buhari also vowed that funds
stolen by government officials who abused their offices
in the recent past will be recovered and systemic
leakages stopped.
"There are financial and administrative instructions in
every government parastatal and agency. But all these
were thrown to the dogs in the past. Honestly, our
problems are great, but we will do our best to surmount
them.
"The next three months may be hard, but billions of
dollars can be recovered, and we will do our best, " the
President told the governors.
Expressing surprise that the governors had tolerated the
atrocities allegedly committed with the Excess Crude
Account since 2011, President Buhari promised to tackle
the issue decisively.
The President declared that the payment of national
revenue into any account other than the Federation
Account was an abuse of the constitution, adding that
what he had
heard was going on in many agencies and corporations,
particularly the NNPC, was clearly illegal.
On the refund of monies spent on federal projects by
state governments, President Buhari assured the
governors that the Federal Government will pay, but
insisted that due process must be followed.
The President promised special assistance for the three
North Eastern states badly affected by the Boko Haram
insurgency.
He also said that a comprehensive statement on the
economic and financial situation inherited by his
administration will be made to the nation within the next
four weeks.
"We will try and put the system back into the right
position.
What happened in the 2nd Republic has apparently
happened again, and even worse, but we will restore
sanity to the system," President Buhari assured the
Governors.
On an immediate lifeline for states that owe salaries
running into many months, President Buhari said that a
committee
headed by the Vice President, Professor Yemi Osinbajo,
will look at the Excess Crude Account and see what can
be shared immediately.
The governors, led by Chairman of the Governors Forum,
Abdulaziz Yari of Zamfara State, had presented a wish
list to
the President that included:
Ø Obedience of extant Supreme Court ruling that all
monies go into the Consolidated Federation Account;
Ø An order from the President that all revenue generating
agencies must pay into the Consolidated Federation
Account;
Ø Review of the Revenue Allocation Formula;
Ø Refund of the monies expended by states on federal
projects;
Ø A special consideration for the three states of the
North East under Boko Haram infestation;
Ø Full details of the amounts that accrued into the
Excess Crude Account from 2011, and how the money
miraculously shrank without official sharing.
Femi Adesina
Special Adviser to the President
(Media and Publicity)
June 23, 2015
see more photos at www.enochgist.com/2015/06/buhari-says-to-governors-days-of.html?m=0

there cup don full. its time to kill alibaba.

I hope aregbesola was @ that meeting

governors.....una own don paya be dat.....make una hear am

days of milking d county dry is over.

Nice

Th

Full details of the amounts that accrued into the
Excess Crude Account from 2011, and how the money
miraculously shrank without official sharing

Aunty Ngozi

He will first have to pay back Aregbe and Okorocha the money that they lent him for his campaign first..... so they can equally settle their staff...

Account ni accountant ko accountabio taaa

temitemi1:
I hope aregbesola was @ that meeting

I hope abia governor was there

alibaba nd d 36 thieves let see how it goes #babaonechance

I ain't thinking about Buhari anymore ..... Buhari's Administration is gonna be the best in Nigeria ...... I am thinking life after Buhari.

If the days of impunity are over then the President has no business using Federal funds to help out states that have not paid their workers. Rather than do that he should ask the governors (or ex-governors) of the states concerned to account for their stewardship. It should not be taken for granted that the FG will bail them out. While some states haven't paid workers in 7-8 months other states have paid up to date. If a state like Anambra is up to date why are states like Edo and Osun owing? Bailing them out is tantamount to accepting that they did the right thing in their states!

kilakhan:
If the days of impunity are over then the President has no business using Federal funds to help out states that have not paid their workers. Rather than do that he should ask the governors (or ex-governors) of the states concerned to account for their stewardship. It should not be taken for granted that the FG will bail them out. While some states haven't paid workers in 7-8 months other states have paid up to date. If a state like Anambra is up to date why are states like Edo and Osun owing? Bailing them out is tantamount to accepting that they did the right thing in their states!

I knw u will think u are making sense, but if u think properly, u will see u are being tribalistic here. wetin concern u and osun? why not abia and akwa ibom as reference?

Time 4 some action!

SLIDEwaxie:
I knw u will think u are making sense, but if u think properly, u will see u are being tribalistic here. wetin concern u and osun? why not abia and akwa ibom as reference?

what is tribalistic in pointing out that some states have paid up to date and some haven't? And that the proper thing to do in such a situation is to find out why the states that could not pay were unable to? Did I say that he should limit his investigations to the two states I mentioned? My brother every thing doesn't have to devolve to tribalism. Let us call a spade a spade.