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Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford (10154 Views)

Raymond Dokpesi Arrested Over N2.1Billion Arms Purchase / Former Kano State Governor, Kwankwaso Squandered N4.1billion Pension Fund / Fayose Set To Probe Fayemi Over Alleged N4.1billion Diversion (2) (3) (4)

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Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by ishiamu(m): 8:34am On Oct 26, 2015
Kwankwaso spent N4.1billion pension fund to build houses pensioners can’t afford – Official




The immediate past Kano State Governor, Rabiu Kwankwaso, spent N4.1 billion of pensioners’ funds building houses the retired workers could not afford, an official has said.
The Kano State Commissioner of Information, Mohammed Garba, stated this on a Hausa discussion programme on Freedom Radio on Saturday evening.
Mr. Garba said the ex-governor, now Senator, borrowed the N4.161 billion from the pension fund to build Bandirawo and Amana Housing Estates with the aim that the pensioners could benefit from the houses.
He added that when the project was completed, the government realized pensioners could not afford housing units in the estates because of the cost.
In a state where the minimum wage is below N20,000, the commissioner explained that the least expensive house in the estates was sold for N17 million; with others sold for N18 million, N34 million and N38 million respectively.
“When the former governor realized that the houses are too expensive for a pensioner to occupy, he directed that 50 per cent of the price of the houses should be slashed,” the commissioner said.
“That is how these houses are being sold now, and despite the 50 percent discount, the price is still high.
“The government initially thought that the pensioners could afford the houses, that is the truth,” he added in defense of the previous administration under which the current governor, Umaru Ganduje, served as deputy governor.
Mr. Garba said to resolve the complaints of the pensioners, many of who have not been paid their entitlements because of the former administration’s actions, the government had a meeting with the retired workers where it was agreed that a number of housing units in the estates would be allocated to them as part of their entitlements.



http://www.premiumtimesng.com/news/headlines/192145-kwankwaso-spent-n4-1billion-pension-fund-to-build-houses-pensioners-cant-afford-official.html
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by nairalandmaster(f): 8:35am On Oct 26, 2015
nice post
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by ishiamu(m): 8:36am On Oct 26, 2015
Beware of those that carry broom about shouting change their house ain't clean.


So much from the change agents


Lalasticlala will you ignore this one like you do on the previous threads too?

22 Likes

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Firefire(m): 8:37am On Oct 26, 2015
All this fraudsters claiming leaders in Nigeria. undecided

10 Likes

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by moyinoluwabun(m): 8:55am On Oct 26, 2015
I no fit laugh ooo. Bn a senator now, how would he push for laws that will favour the poor masses.

5 Likes

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by oekehinde: 10:12am On Oct 26, 2015
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by sukkot: 10:12am On Oct 26, 2015
ok
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by activelyA(f): 10:12am On Oct 26, 2015
NOT NEW undecided

Is it today that they know this man to be an UNTOUCHABLE in the north?

He is a true defination of a nigeria politician.
Even with these development, he would not still be touched. ... shocked



Just watch the way this cased will be swept under the carpet angry

1 Like

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Nobody: 10:12am On Oct 26, 2015
Bruhhhhh!!!

2 Likes

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by lonelydora: 10:12am On Oct 26, 2015
Why is the news all about Kwankwaso?
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by ThisMeansWAR: 10:13am On Oct 26, 2015
that guy is a thief

1 Like 1 Share

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Nobody: 10:13am On Oct 26, 2015
.
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Nobody: 10:14am On Oct 26, 2015
ishiamu:
Beware of those that carry broom about shouting change their house ain't clean.
So much from the change agents

This is a better way of expressing your frustration and disappointment

grin grin grin

2 Likes

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by damton(m): 10:14am On Oct 26, 2015
Oops. Perhaps It was not well thought out.
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Nobody: 10:14am On Oct 26, 2015
if we don't lynch our leaders and determine our future we would continue to suffer forever....

1 Like

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by ignis: 10:15am On Oct 26, 2015
So-called change agent.
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Nobody: 10:15am On Oct 26, 2015
At least the houses built unlike some bigger thieves

3 Likes

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by leonJunior: 10:15am On Oct 26, 2015
Change indeed!
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by sandraokosun: 10:15am On Oct 26, 2015
at least he built something. Wetin orji oga ochendu do with abia when get money pass kano

3 Likes

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Redfruit(m): 10:16am On Oct 26, 2015
Effects of poor economic policy and planning....Kwankwaso the backstabber
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Kossy23: 10:17am On Oct 26, 2015
.

3 Likes

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by ishiamu(m): 10:17am On Oct 26, 2015
dason4life:


This is a better way of expressing your frustration and disappointment

grin grin grin

Ok... that's a quote from the person you celebrate now... ain't you ashamed of yourself?

1 Like

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Mykoj(m): 10:17am On Oct 26, 2015
If it were 2 be a pdp member, EFCC will be fast 2 act on it but since it is an apc governor cum senator I don't believe any allegations will be levelled against him.
Anti-corruption crusade indeed.. Believe Buhari and his cohort of change @ ur own peril

4 Likes

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by chukwukamma(m): 10:18am On Oct 26, 2015
It's well, our political class
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by yousee(m): 10:18am On Oct 26, 2015
there is something about this NL that bothers me. kwankwaso just told SW to "shut up" now few moments later, kwankwaso "rubished on front page"
me I tire o

2 Likes 1 Share

Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by ignis: 10:18am On Oct 26, 2015
k
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by Lesgupnigeria(m): 10:18am On Oct 26, 2015
Bad.

See how you can make huge money starting plantain farming business

On 1 acre of land, using hybrid cultured suckers,
1,000 bunches are guaranteed. 1000 plantain bunches sold at N1,000/bunch (through contract sale)
Revenue= 1million naira for the first harvest.
Check for more info at
www.nairaland.com/2097637/hidden-truths-plantain-farming-business
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by princemillla(m): 10:19am On Oct 26, 2015
Nigeria Govt with reckless project.


If you are going to invest such a huge amount for pensioners, there is need for may be a survey to determine whether or not they can afford it at then end. Imagine that statement coming from a state Government.

I don't blame them sha, na wettin them want eat nor dey make dem speak or do the right thing
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by uwa1(m): 10:20am On Oct 26, 2015
How can an educated person act in this manner.
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by eddyslim(m): 10:21am On Oct 26, 2015
Kwankwaso is a disaster walking. Beware of #AbokiPeopleCongress.
Re: Kwankwaso Spent N4.1billion Pension Fund To Build Houses Pensioners Can’t Afford by ojun50(m): 10:23am On Oct 26, 2015
Wetin una they expect frm aboki

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