Jaymaxxy:

Were CPC and ACN together as at then?

tiwiex:

Oga. Considering the amount involved. 1% is pretty ridiculous. It's a bloody software and it really sends digital money. Remita was not designed for the purpose of TSA. It just happened. All that happened was record updates from banks to CBN. I doubt if any physical cash was involved. Even if CBN calls in a consultant to build a software solely for this, would it even cost 1b naira. Outsourcing and privatization has created another window for fraud. Work that can be done in house is now made to look like rocket science. How much is a states monthly allocation? And 1 company claims to make some states 2 year allocation in one swoop moving government money. No wonder we don't have jobs. There is more to this story. Buharis hands cannot be clean. If they are, then we are in more trouble than I thought. He is totally incompetent. Maybe remita should be responsible for this 5k to the unemployed because a serious government would consider those before allowing one company work away with this much money. I don't like Dino Melaye but he did good on this one.

razid:

Imagine @ the bolded! If it's a bloody software you can as well ask CBN to go and buy it in Computer Village Ikeja now. Do you know that Facebook is just a bloody web application that is worth more than $250bn? Do you know how much Facebook paid for common Whatsapp? They have to cough out cool $17bn. It's like asking CBN to buy eTranzact, Interswitch, MasterCard, etc payment gateways.

If the CBN had paid like $1bn for the software, all of you would have crucified them for such transaction. Do you think that software will only be used in Nigeria? It's this kind of mentality that is killing Nigeria tech industry. It's because they are black men, that is why you think 1% is too much. I'm pretty sure that if the Remita was supplied by say Microsoft or Google, you won't be talking like this. Let's face business and forget about politics for once.

Rad1cal:


The hypocrites here will defend Alphabeta for collecting more than 5% commission from the Lagos State Gov. in tax remittances

adconline:

Giving away sophisticated idiocy since 1960.. So Dr Kolade unknowingly accepted to become a chairman of a coy he barely knows? If this company is found culpable that Kolade is going to be exonerated?? So someone like Kolade, former MD of Cadbury, doesnt have any stake in a company for him to be made chairman Naija is toast with this type of mentality!!

SLIDEwaxie:
shut up jare
Jerk!!!

Bugatie:
Good to know the men behind the scene,

Hope they get probed for the unauthorised withdrawal from the TSA

theV0ice:


GEJ met OBJ's policies and projects on ground too. Just like OBJ met Abacha and Abdulsalam's policies too and ran with some while jettisoning the the others. Government is a continuum no matter how bad the predecessor is.

My brother, the issue was never about policies. Even if a donkey becomes Nigerian president, there's no shortage of national planning documents to guide such. The problem has always being the will power to see it through. The spirit to insist things be done the right way.

I'm happy Fashola seems to have weaned himself of Tinubu's influence. It's better for him and The responsibilities he now has. I have the belief he knows HE WILL NEVER HAVE ANOTHER OPPORTUNITY if he messes up this one. I'm sure PMB would have told him that too. I pray he succeeds....not for him, but for the good of the country.

I dey very fine my brother. No wahala

arabianights:


They didnt withdraw,they simply did not remit.

Bugatie:
Good to know the men behind the scene,

Hope they get probed for the unauthorised withdrawal from the TSA

edogirl2:
The company is owned by John Obaro and Ernest Ndokwe, two Igbo men, and the only reason this corrupt arrangement is in place is because the then Minister of Finance, was Igbo. Central Bank Governor, Igbo. Then Secretary to the Federal Government, Igbo. Then add the utterly confused and ignorant President.


But Igbos would want us to believe that Yorubas and Hausas are solely responsible for ruining this country! How can you put 1% of the entire evenue of a country to a single company, and the remaining 170 million people get to share 99%. For what? This is a company that simply provides a one-off software, that you can buy for less than $100,000 (N20 million) and can be maintained by less than 30 people. Yet, they are carting away with N50 Billion naira.

It is part of the Jonathan legacy of corruption. Just imagine that Jonathan won, this nonsense of contract will have continued for years to come.

I confirm that Chief Kolade is Chairman and not a shareholder in this company. Companies who seek government contracst often put 'highly respected' members of the company as paid Chairman of their company. The That is why ex President Gowon is Chairman of several companies but he is not the owner of these companies. They just use these men/women as the public face of the companies. Other than Mr Obara and Ndokwe, the other directors listed by the Op are all employees of the company, not shareholders.

adconline:

What a replica of idiocy.. Your encephalon lacks oxygen,no wonder u can't function properly

Bugatie:


They kept it back for themselves

mickey45:



Companies, have political figures in their boards to boost patronage.
It doesn't detract from the fact that they're offering certain services for which they're to be paid whatever was agreed on.
This our penchant for policy reversals and tyrannical directives is why foreign traders thread with caution when you're inviting them to come invest.
So even if the company had paid the money to shareholders and paid staff from the same money they must pay back.
If you feel they've done anything amiss, then ask them to come clarify the situation and if culpable, charge them to court.
At worst, jail all those who okayed the firm's proposal to the government (especially if there were other, more attractive offers which got sidelined) and should they have evidence of an "order from above", then put people concerned in the docks too.
It's quite simple actually. Then the law will be strengthened. All these shaming without investigation will not achieve anything except generate ineffective entropy in the polity.
And who knows, the motive for these publications could be aimed at raising dust to blind people.
Same way robbers spray money in a crowd when under hot pursuit by authorities.
There are constitutionally stipulated course of action for business conduct and when breached, the court is where you should head to, not a publishing house.

4lashyme:


My bro...na only you talk watin make sense.
They have the software and as such they determine the price of the deal. If Nigeria is not happy about it then it's good. We can commission our Politicians, Senators, House of reps, Ministers, and Party officials, even our University lecturers to develop one for us.
If any one think their service is expensive, then wait until we contract a foreign firm to handle it.

Rad1cal:


The hypocrites here will defend Alphabeta for collecting more than 5% commission from the Lagos State Gov. in tax remittances

Grundig:
I agree in part with the edo chick but how come if a name doesn't sound yoruba or northern is ascribed as ibo??

I mean, since when did 'obaro' become ibo??

SLIDEwaxie:
like I said,jerk,shut up and stop foaming in the mouth.

edogirl2:
The company is owned by John Obaro and Ernest Ndokwe, two Igbo men, and the only reason this corrupt arrangement is in place is because the then Minister of Finance, was Igbo. Central Bank Governor, Igbo. Then Secretary to the Federal Government, Igbo. Then add the utterly confused and ignorant President.


But Igbos would want us to believe that Yorubas and Hausas are solely responsible for ruining this country! How can you put 1% of the entire evenue of a country to a single company, and the remaining 170 million people get to share 99%. For what? This is a company that simply provides a one-off software, that you can buy for less than $100,000 (N20 million) and can be maintained by less than 30 people. Yet, they are carting away with N50 Billion naira.

It is part of the Jonathan legacy of corruption. Just imagine that Jonathan won, this nonsense of contract will have continued for years to come.

I confirm that Chief Kolade is Chairman and not a shareholder in this company. Companies who seek government contracst often put 'highly respected' members of the company as paid Chairman of their company. The That is why ex President Gowon is Chairman of several companies but he is not the owner of these companies. They just use these men/women as the public face of the companies. Other than Mr Obara and Ndokwe, the other directors listed by the Op are all employees of the company, not shareholders.

adconline:

Get lost person!! This discussion is above ur IQ... We're playing in the majors while u re fantasizing to play in the minors... U can't replicate this even if I told u how to ..,Congenitall u can't!!'

edogirl2:
The company is owned by John Obaro and Ernest Ndokwe, two Igbo men, and the only reason this corrupt arrangement is in place is because the then Minister of Finance, was Igbo. Central Bank Governor, Igbo. Then Secretary to the Federal Government, Igbo. Then add the utterly confused and ignorant President.

But Igbos would want us to believe that Yorubas and Hausas are solely responsible for ruining this country! How can you put 1% of the entire evenue of a country to a single company, and the remaining 170 million people get to share 99%. For what? This is a company that simply provides a one-off software, that you can buy for less than $100,000 (N20 million) and can be maintained by less than 30 people. Yet, they are carting away with N50 Billion naira.

It is part of the Jonathan legacy of corruption. Just imagine that Jonathan won, this nonsense of contract will have continued for years to come.

I confirm that Chief Kolade is Chairman and not a shareholder in this company. Companies who seek government contracst often put 'highly respected' members of the company as paid Chairman of their company. The That is why ex President Gowon is Chairman of several companies but he is not the owner of these companies. They just use these men/women as the public face of the companies. Other than Mr Obara and Ndokwe, the other directors listed by the Op are all employees of the company, not shareholders.

chx79:
U guys are not getting the gist at all..The main bone of contention here is that the CBN as the paramount financial institute of 9ja is the one with the sole responsibility to receive or disburse federal fund..where the CBN is too occupied to do that ..it then releases the power to a commercial bank not a "NON GOVERNMENTAL AGENCY REMITA"..even if 25billion is small compared to 2.5trillion but fellas u must agree with me that with the current shape of our social amenities ..hmmm.. ...nigeria need that 25billion ooo...even if na one small road project..so call a spade a spade..its a fraudulent transaction under PMB'S WATCH JUST LIKE THE 25BILLION PTF FUND...fasten your seat belts Nigerians.. ;Dmore to unfold with time...

turboG:

AlphaBeta Can collect 5% because the work involve is NOT just collection application. They have staff they deploy all around the state and also involve in some other issue. The reason why SYSTEM spec is having this lashing is as result of their GREEDINESS with CBN shutting out other payment Gateways like interswitch, etranzact, NIBSS etc in this scheme. TSA collection should NOT have involve direct collection from the customer end to the CBN. They are suppose to develop a system that will make it easy for Bank remit the fund with them into TSA account. But rather they connive with their cronies in CBN and now engage in direct transaction and killing other competitors business because of their greediness.

adconline:

Don't mind them.. Naija always offering ignorant opinion from dungeon of their uninformed mindset. Global best practices: payment solutions provides like PayPal, advantage, square, first data etc all charge processing fee by percentage.. If the company over-charged FG, then it must refund and be dealt with.. Hating private enterprise isn't going to get us somewhere..

razid:

Imagine @ the bolded! If it's a bloody software you can as well ask CBN to go and buy it in Computer Village Ikeja now. Do you know that Facebook is just a bloody web application that is worth more than $250bn? Do you know how much Facebook paid for common Whatsapp? They have to cough out cool $17bn. It's like asking CBN to buy eTranzact, Interswitch, MasterCard, etc payment gateways.

If the CBN had paid like $1bn for the software, all of you would have crucified them for such transaction. Do you think that software will only be used in Nigeria? It's this kind of mentality that is killing Nigeria tech industry. It's because they are black men, that is why you think 1% is too much. I'm pretty sure that if the Remita was supplied by say Microsoft or Google, you won't be talking like this. Let's face business and forget about politics for once.

theV0ice:
welcome my friend

There's nothing corrupt about SYSTEMSPECS getting paid for developing REMITA to assist CBN in achieving transparency through TSA.

The joke is on the guys claiming 'fraud' and putting it on PMB. It was signed under Sanusi amd GEJ and the owners are from your tribe and my tribe so agabaI23 and theV0ice have cases to answer

I know how much my former bank paid INFOSYS of India to get us on FINACLE and i know how much my current company is paying for using the SAP software.

If the senate doesn't want CBN to pay that sum, then CBN should put it's in-house IT gurus to task to develop their own

How you dey my brother?

pasol4real:

You are the One who is stupid for defending a clear cut biased n prejudiced comment.
Any reasonable n unbiased Person wud detect the prejudice in that comment from the beginning ,when she called John obaro an igbo man .
John obaro is not igbo but urhobo.

Grundig:
I agree in part with the edo chick but how come if a name doesn't sound yoruba or northern is ascribed as ibo??

I mean, since when did 'obaro' become ibo??

airsaylongcon:


NEVER in your life refer to an Urhobo man as an Igbo! NEVER EVER EVER. John is an Urhobo

deramarks:
so itz now u dat want to die for the jhon of a man? Abi are u d jhon y is it paining u dat he was refferred to as an ibo man #some desperate nigerians ......but itx not my biznex sha

airsaylongcon:


I would have taken you to pieces over this comment if you had been a dude but I'm gonna give you a different perspective. As an Mbaise girl, would you smile if I called you an Efik? Or an Orlu girl?