Gbawe:


Why is it that it is insult alone some of you can contribute when important issues concerning the governance of Nigeria is discussed? What "breeze don blow for foul nyash"? What has happened, for anyone who can read and comprehend what is written, is that the Buhari government has been forced to defend itself from accusations of impropriety by garrulous yet ignorant mischief-makers like Fayose, Melaye et al. It is obviously important to all well-meaning Nigerians that the Buhari government officially clear the air and establish that it did not sign the 1% fee agreement with SystemSpecs.

Should the Buhari government sit around twiddling its thumbs while the likes of Fayose goes around winding Nigerians up by asking the govt to declare who "owns Remita" when that is not even relevant given that it was the outgoing PDP government that drafted in SystemSpecs (the owner of Remita) and signed the 1% fee arrangement with it? Also should Buhari remain silent while the likes of Melaye imply that the 1% fee is too high without acknowledging that the GEJ government agreed to that amount with the only options open to the Buhari Govt probably being a renegotiation of the fee at expiration of agreement term or outright cancellation if such is possible? Finally, why is Melaye going around stating that one company made N25 billion from TSA Remita deal when that is not true?

Jonathan signed the agreement and the Buhari government can only review or cancel such when/if able to do so. It is not everything we should be partial over. Sometimes things are crystal clear enough for us to see/defend what is right or wrong.

I bet you clearly know that d Jonathan administration halts d system spec d truth is we are so sectional dat anything raise by PDP is wrong leaving d content of an issue to attack d party are we saying dat before dis so called 1% was implemented der ws no reviews frm dis current administration we are so quick to trying to sustain d saintliness of Buhari while Jonathan is d devils incarnate

yomexp:


You are getting it wrong the 1% charge is to be shared btween three parties
1.systemspecs 50%
2.central bank 10%
3.all commercial banks involved 40%

i will put a figure to this if i can get the link to the letter written to mr president by systemspec

AdviserGeneral:



For God's sake Dino is a Senator of the federal Republic, an indepedent arm of government that is armed with checkmating the excesses of the Executive arm. If as a Senetor he over-looks a seemingly suspected fraud against the treasury of the Nation in the name of fellow party member, then the survival of this country will be in danger. Dino is not fighting President Buhari, rather he is fighting corruption. He raised the alarm to notify the populace he is representing of the illegal transaction going on. If not because of Dino alarm, System Specs wouldn't have returned the #8.6 Billion they deducted. We are in a democratic system for crying out loud; everything about the government must be transparent, and not shrewded in secrecy.

abubs:

If he's really check mating he shld come up with facts and figures, do his assignment properly before coming to the media to make such grave statement tantamount to a propaganda against d present administration. I think Dino is educated nd he shld behave as one dat he's. Research properly den attack so dat d government won't av any hiding place, but has it is nsu, Dino might just end up been a laughing stock nd one who raises false alarm

Ekiti State Governor, Ayo­dele Fayose, has challenged the Federal Government to unmask the owners of REMITA, a consultancy company which allegedly collected N25 billion fee in a day for transferring N2.5 trillion to the Treasury Single Account (TSA) on behalf of the government.

The governor said on Sunday that he would not attend the meeting called by the Federal Government with state governors on the TSA because his administration is not interested in the TSA policy, describing it as fraud against Nigerians by the All Progressives Congress (APC) led Federal Government.

In a press statement issued on Sunday by his Special Assistant on Public Communications and the New Media, Mr. Lere Olayinka, the governor asked the Federal Government to rather "remove the veil on the face of REMITA so that Nigerians can know the real owners through whom the All Progressives Congress (APC) is siphoning Nigeria's money to fund Kogi and Bayelsa states' governorship elections."

He continued: "From all intent and purposes, this TSA policy is aimed at recouping money spent on the last general elections by the APC, as well as raise money for future elections, especially the Kogi and Bayelsa states' gubernatorial polls.

"It is also meant to enrich some individuals for doing virtually nothing and that can be seen from the discovery of N25 billion that already accrued to just a single company in one day!

"How can the Federal Government justify a transaction in which a single company gets one per cent, amounting to N25 billion in one day?
"In this economic situation that Nigeria is, shouldn't the one per cent commission have been negotiated downward to like 0.1 per cent which would have reduced the N25 billion to N2.5 bil­lion?

"Even manufacturing compa­nies, with thousands of employees don't make N25 billion profit in a month. Therefore, what Nige­rians are expecting from the Federal Government is explanation on the alleged N25 billion scam already associated with the operation of the TSA, instead of calling state governors to a meeting that is aimed at imposing the TSA policy on the states," he said.

Fayose, who insisted that he would not attend the Federal Gov­ernment's meeting with the gov­ernors on the TSA, said that the Federal Government cannot force its policies on states that are federating units in the Nigerian Federation.

abubs:

Thank you 4 splitting it out, ppl re just talking about remita forgetting dat CBN, banks also get their share of d 1%, am sure after d splitting a reasonable amount of money will acrue to remita. But I see issues in the 8th Senate, corrupt senators trying to claim innocence, trying to make us think dey re clean. Dino has helped in putting out a propaganda just becos he's not careful enough to gather information about the real situation on ground.

BCISLTD:
thanks for the clarification. ..but my question is why are the software owners entitled to part of the 1%...shouldn't they just be paid royalty and maintanace fee?


Check this out

https://www.nairaland.com/2740386/shelves..beautiful

Gbawe:


These guys are giving leadership a bad name.

Gbawe:


Why is it that it is insult alone some of you can contribute when important issues concerning the governance of Nigeria is discussed? What "breeze don blow for foul nyash"? What has happened, for anyone who can read and comprehend what is written, is that the Buhari government has been forced to defend itself from accusations of impropriety by garrulous yet ignorant mischief-makers like Fayose, Melaye et al. It is obviously important to all well-meaning Nigerians that the Buhari government officially clear the air and establish that it did not sign the 1% fee agreement with SystemSpecs.

Should the Buhari government sit around twiddling its thumbs while the likes of Fayose goes around winding Nigerians up by asking the govt to declare who "owns Remita" when that is not even relevant given that it was the outgoing PDP government that drafted in SystemSpecs (the owner of Remita) and signed the 1% fee arrangement with it? Also should Buhari remain silent while the likes of Melaye imply that the 1% fee is too high without acknowledging that the GEJ government agreed to that amount with the only options open to the Buhari Govt probably being a renegotiation of the fee at expiration of agreement term or outright cancellation if such is possible? Finally, why is Melaye going around stating that one company made N25 billion from TSA Remita deal when that is not true?

Jonathan signed the agreement and the Buhari government can only review or cancel such when/if able to do so. It is not everything we should be partial over. Sometimes things are crystal clear enough for us to see/defend what is right or wrong.

mapet:


OK! now you're are beginning to sound hyper-ridiculous and obviously have no clue about what this whole discussion is about.

smuth:


[size=14pt]Last time I checked this discussion is about why the government should spend a huge amount of money as commission when they can spend less of that amount in purchasing a similar Software. So, let me ask you, do you support the government to continue paying commission for eternity or they should just buy one?[/size]

A payment system is any system used to settle financial transactions through the transfer of monetary value, and includes the institutions, instruments, people, rules, procedures, standards, and technologies that make such an exchange possible

smuth:


[size=14pt]Last time I checked this discussion is about why the government should spend a huge amount of money as commission when they can spend less of that amount in purchasing a similar Software. So, let me ask you, do you support the government to continue paying commission for eternity or they should just buy one?[/size]

smuth:


[size=14pt]Last time I checked this discussion is about why the government should spend a huge amount of money as commission when they can spend less of that amount in purchasing a similar Software. So, let me ask you, do you support the government to continue paying commission for eternity or they should just buy one?[/size]

mapet:


1. Why should the government spend such a huge amount of money is a complicated question but worth answering. The government was indeed spending way much more before the advent of TSA. PMB's government had written to Systemspecs that considering the extension the scope of the project, they called first for a return of all monies collected and for a downward review

2. Recall that GEJ signed the contract, which in itself is not bad. What the GEJ government did not forsee was that a contract of this nature had an expanded scope.

3. Saying Remita software can be purchased for 5k at computer village, gives you away as very naive. I can understand you probably do not know about softwares and nature of software contracts. Remita is not a software on CD/DVD. It is a solution hosted on SystemSpecs platform and offered to the world as service. So your question of if government should just "buy" the Remita is most absurd

smuth:


Indications have emerged debunking recent media reports that former President Goodluck Jonathan was responsible for signing the contract with SystemSpecs, the owners of Remita software, which is currently being used for the implementation of President Muhammadu Buhari’s proposed Treasury Single Account (TSA)

The media reports comes on the heels of revelations that at least N25 billion have been paid to SystemSpecs, amounting to 1% of all monies remitted to the TSA.

According to investigations by the Hope For Nigeria group, Mallam Umar Sani, the former Senior Special Adviser to former Vice President Namadi Sambo availed that the immediate past government never signed any agreement with SystemSpec.

He said: “The government as at that time began the implementation of TSA through the Government Integrated Financial Management Information System (GIFMIS), a World Bank assisted Project domiciled in the Office of the Accountant General of the Federation and it is through GIFMIS that all government Budget (Personnel, Overhead, Capital, Transfers etc) transactions are carried out, so why do they need Remitta?

“I can categorically tell you that it is the new Accountant General, Mallam Ahmed Idris, that put forward the Remitta proposal, but some other Directors led by the Director, Funds (Dikwa) vehemently opposed it on the grounds that government cannot have more than one payment platform and instead of using Remita to implement TSA, GIFMIS should be used”.

Also speaking on the issue, an official at the Federal Ministry of Finance who spoke on the condition of anonymity said that the “outrageous” agreement with SystemSpec on the use of REMITA software as a payment platform has nothing to do former President Goodluck Jonathan, as they did not sign any agreement.

Also speaking to the group on Friday, November 13, 2015, [b]an official of the Central Bank of Nigeria (CBN) [/b]availed that the apex bank has its own bespoke software for e-Payments and e-Collections, adding that there is no need for the use of REMITA.

Source: http://www.thetrentonline.com/buharis-accountant-general-signed-tsa-agreement-with-remita-not-jonathan-report/?utm_campaign=shareaholic&utm_medium=facebook&utm_source=socialnetwork

mapet:
Trent online is not a credible source. These are sponsored online sites with questionable news. The bolded part is a classic way to twist news
Check the facts - The MD of SystemSpecs, and CBN governor confirmed that the contract was signed with GEJ's government

AdviserGeneral:



For God's sake Dino is a Senator of the federal Republic, an indepedent arm of government that is armed with checkmating the excesses of the Executive arm. If as a Senetor he over-looks a seemingly suspected fraud against the treasury of the Nation in the name of fellow party member, then the survival of this country will be in danger. Dino is not fighting President Buhari, rather he is fighting corruption. He raised the alarm to notify the populace he is representing of the illegal transaction going on. If not because of Dino alarm, System Specs wouldn't have returned the #8.6 Billion they deducted. We are in a democratic system for crying out loud; everything about the government must be transparent, and not shrewded in secrecy.

Ephiezy4real:


Do your calculation, whats the 1% of 2tr? and am sure Liar Mohammed would reduced it to 2tr. Dont you think we might av up to 2.5tr there? Do ur calculation and tell me what 1% of 2.5tr is

smuth:


Don't defend what you are not sure about...the line 'an official.....condition of anonymity' is use by ALL print media in Nigeria, that is not a valid reason to claim the news is fake.

smuth:


[size=14pt]When will our government have sense sef? Instead of paying that huge amount of money as commission to one of their 'business venture' of stealing our money...why can't this daft government just hire top developers in the world to build the gaddem software for far less than 20billion naira and save our tax money. So sad this is just one of the various ways our governments (including Buhari) thief our money...'change' my foot *spites...mtcheeew. I swear that Remita Software no go cost pass 5k for computer village.[/size]

RevDesmondJuju:


When Buhari cancelled Lagos rail project initiated by Jakande nko?

billyG:

That is a military era 30yrs ago,u are not born then laws of contract has change.Buhari is now a Democrat,an apostle of Rule of law.

PappyMason:

Rev here... mods don begin act their old foolish age

And you know I was not born then because nah you be my papa abi?


Buhari was a despot at the ripe old age of 41!

How in God's name do you think he has turned a new leaf?

All you people do in defence and support of this old goat is to claim he has been reformed with no evidence to show that he is.