adioolayi:

Legislative arm Approved the loot to be LOANED I don't think so.
She can't just make good decisions making constitutional flaws. is like doing a logically correct it in a wrong way

ShowYourCertificate:
And who said it wasn't budgeted for? Read her comment again. The money was already approved for but the problem is where to get the money ASAP.

The NSA already had money budgeted for the military purchases but they needed money urgently thus was borrowed some of Abacha's Loot after which the money will be returned when their statutory allocation arrives.

bromama675:
Aboki, go and ask ur rep. in national assembly, d president has a constitutional power to spend monies on security from certain coffers without recourse to the national assembly. But is expected to notify the assembly of such expense.

looseweight:
She need my help to help her burn that fat...if she was slim, no one will accuse her of misappropriation of funds

texazzpete:
All these people cheering NOI's response, do they know she has just said the exact same thing her accusers accused her of ?

She jointly agreed to make this money available to the NSA without going to the National Assembly as they should have done, in breach of our laid down laws and processes.

She's even digging deeper into the hole. And taking GEJ down with her

feldido:
They think this woman is Naive like them... She knows what she's doing.
She's not shaking, no matter what they try to do.

doctokwus:
Another over rated ph.D holder giving another uttely repugnant defence to cover her crass incompetence and complicity in the ra pe of our national treasury.

arresa:



She deceptively and conveniently sidestepped that criminal element of her illegal action...

doctokwus:
Another over rated ph.D holder giving another uttely repugnant defence to cover her crass incompetence and complicity in the ra pe of our national treasury.

bokohalal:
Did she know that the National Assembly must approve the spending?

ShowYourCertificate:
And who said it wasn't budgeted for? Read her comment again. The money was already approved for but the problem is where to get the money ASAP.

The NSA already had money budgeted for the military purchases but they needed money urgently thus was borrowed some of Abacha's Loot after which the money will be returned when their statutory allocation arrives.

blazetitov:
Some Nigerians are just funny. A minister or president does not have the power to spend any funds not budgeted for. That money should have been paid into the federation account and a supplementary budget sent to the NA for approval.

GEJ and NOI should be ashamed of themselves especially the so called Harvard graduate who oversaw the looting of the country's wealth.

She should save her defence for EFCC because they will soon be knocking on her door.

blazetitov:
Some Nigerians are just funny. A minister or president does not have the power to spend any funds not budgeted for. That money should have been paid into the federation account and a supplementary budget sent to the NA for approval.

GEJ and NOI should be ashamed of themselves especially the so called Harvard graduate who oversaw the looting of the country's wealth.

She should save her defence for EFCC because they will soon be knocking on her door.

doctokwus:
Another over rated ph.D holder giving another uttely repugnant defence to cover her crass incompetence and complicity in the ra pe of our national treasury.

excel101:
. Funny enough we've been having several cases of stealing or misuse of funds, but no single person has been legally accused. All dis are absolute rubbish. Rather than dis much talks about embezzlement, the government should start doing something meaningful cos we're tired of all dis stories.

doctokwus:
Another over rated ph.D holder giving another uttely repugnant defence to cover her crass incompetence and complicity in the ra pe of our national treasury.

agabaI23:
Can you fault the explanation given?

tete7000:


The same constitution that says the President must be a holder of minimum of school certificate and the President till today even after having access to military files cannot produce his certificate. In the heat of a country under war and under the threat of being subjugated so things can as a matter of urgency be sidetracked and approval sought later. War time economy is different from ordinary day economy most especially when you have a house full of APC apologists who seek to run your government down. Do you know how long before the house could even approve emergency rule in the north east? Do you know how difficult it was to get even the northern elders (Buhari the current president inclusive)nod to deploy military in the north east? Sometimes good intentions are enough to give you a nod over bureaucratic and time wasting constitutional provision. It is not Okonjo Eweala's fault that those who suppose to use the money wasted it if that is ever proven.

GoodGovernance:



The is the core of the matter.

Unconstitutional diversion of funds makes monitoring and proper accountability, herculean tasks!

Awho:
all these guys accusing this woman of looting thinks she's a cheap lady to easily work on forgetting the fact that she's a world class financial analyst... and to all of you leaving careless comments please read carefully her detaild explanation

blazetitov:
Some Nigerians are just funny. A minister or president does not have the power to spend any funds not budgeted for. That money should have been paid into the federation account and a supplementary budget sent to the NA for approval.

GEJ and NOI should be ashamed of themselves especially the so called Harvard graduate who oversaw the looting of the country's wealth.

She should save her defence for EFCC because they will soon be knocking on her door.

bokohalal:
Did she know that the National Assembly must approve the spending?

blazetitov:


Please quote the part of the write up where it was stated that such money was budgeted and tell us the particular year's budget. I might have overlooked it

Here are the facts:

• The central responsibility of the Minister of Finance IS to find sources of funding for the financing of APPROVED national priorities such as security, job creation and infrastructure. 

• It will be recalled that throughout 2014, there were public complaints by the military hierarchy to President Goodluck Jonathan about the inadequacy of funds to fight the anti-terror war in the North East, resulting in Boko Haram making gains and even taking territories. A lot of the criticism was directed at the Federal Ministry of Finance under Dr Okonjo-Iweala which was accused of not doing enough to find funds for the operations.

• In fact, the Ministry, on several occasions, had to call press conferences to provide details of BUDGETARY spending on the military, to show, against the background of limited resources and other urgent national priorities, that it was doing its best on funding security.

DecemberIV:
Lies. Those funds were unbudgeted and were not approved by the NA which was why she carefully added a caveat to her statement; "based on the urgency".

We are not fooled. NOI was completely out of line to seek approval of ex-budgetary funds without appropriation by the National Assembly.

How much interest was paid on the 'loan' and where is the money? She should take her defence to the judge.

blazetitov:
Some Nigerians are just funny. A minister or president does not have the power to spend any funds not budgeted for. That money should have been paid into the federation account and a supplementary budget sent to the NA for approval.

GEJ and NOI should be ashamed of themselves especially the so called Harvard graduate who oversaw the looting of the country's wealth.

She should save her defence for EFCC because they will soon be knocking on her door.

blazetitov:


This your line of argument get as e be oo. We should not overrule due process in our system as this leads to abuse as seen in present case. The fact is that, people entrusted with responsibility deliberately frustrate the system by creating unnecessary bottlenecks so as to have a reason to abuse the system and your submission is one of the major reasons why abuse of the system might continue.

As for PMB's certificate issue, we have moved past that. Don't be left behind.