blazetitov:



World class financial analyst my foot!! She is not cheap but she has been in government since OBJ's term raking in hundreds of millions of Naira. Stop put out silly defenses on her behalf.

doctokwus:

So part of the work of the finance minister is to approve extra budgetary expenditures.
Sometimes it's repugnant hailing from the same country with people like u.

Promhize:


"Following the discussions and based on the urgency of
the NSA’s memo, Dr Okonjo-Iweala requested the
President to approve the transfer of the requested amount
to the NSA’s Office for the specified purposes."

Now I know you have comprehension issues, "request the president to approve" not "request for permission to approve".

Seems you just learnt about the word "repugnant"

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.

kahara:


It is obvious u cant swallow her guts. Her defence pricks u like devil beans all over the body. U left the issue she raised and attackd her personality. At ur age she was already a Ph.d.holder. What r u? If Oshomohle thinks he has evidence let him go to court and stop being lousy.

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

ShowYourCertificate:
Bros you don't get approval for LOANS from the Legislature

Rather you get approval for your budgeted expenditure from the Legislature. How you go about sourcing your budget in the short term is your headache (as the executive arm of govt) as long as such sourcing doesn't incur more expenses (in the name of interest or sth) that wasn't covered for in the approved budgeted expenditure.

tete7000:


I never told you we shouldn't follow due process, No! I said under certain circumstances we can sidetrack it if it is in the common best interest. We can't be under a war threat and close to been run over and then continue to play unnecessary politics. At that point we can take certain urgent measure to avoid catastrophe. What is a constitutional provision when the country is no more? The intention at that point is what matter. Until this point how many extra budgetary spending can the government be accused of? If it has been its habit, I may not be able to argue for it but this was done in the interest of all. Let APC government stop its vindictiveness. Let leave the past and move on.

As part Buhari certificate, we can never move past it since it is the same constitution that has been violated by APC is the same thing they intent to use to nail others. NO! He who goes to equity must go with clean hand says a common dictum. In a moral court, your antecedents will always count for or against you.

ShowYourCertificate:
Really? They weren't budgeted for? Please can you tell me how much was approved for NSA by the National Assembly in the budget? Is is less than the 322million dollars.

zomoears:


There is no law in Nigeria that empowers the minister or anyone for that matter to approve and/or carry out extra budgetary expenditure. Extra budgetary spending is an illegality punishable by law.

All funds must be appropriated by the national assembly!

ShowYourCertificate:
Okay let me show you. See the excerpts below (note the bolded)



So you can see from the bolded that anything the ministers does is within the budgetary requirement as approved by the National Assembly.

Every agency within the executive has an annual budget which is approved by the National Assembly. I believe NSA isn't an exception. So unless you can prove that the amount spent by NSA for the year in question was above the budgeted amount I'm sorry you have no case here.

ShowYourCertificate:
The Legislature has approved the NSA budget for the year. The statutory funds hasn't arrived thus the NSA was LOANED the money from Abacha's Loot after which the loan will be repaid once the statutory allocation arrives.

helpee:

stop behaving like an uneducated fellow. we always have security budget. that a money is budgeted for security does not mean the money will come from heaven. they dont have to run to the national assembly everytime they got money to meet budgetary expenses. Did they spend more than the approved amount for security? where they got the money dont matter as long as it is legal and as long as they spend within the limit of the budget. wether the money is used rightly or not is now left for the monitoring committee in the senate

zomoears:


There is no law in Nigeria that empowers the minister or anyone for that matter to approve and/or carry out extra budgetary expenditure. Extra budgetary spending is an illegality punishable by law.

All funds must be appropriated by the national assembly!

zomoears:


There are laws regulating govt borrowings, and it specifies that it must be documented and approved by DMO.

Madam NOI show me a document from debt mgt office to the effect that the govt "borrowed" Abacha loot to finance d war.

OK, let's assume there was an urgency. Why not regularise the transaction by forwarding d request to NASS and DMO afterwards? We won't be shouting today if she did.

It only shows there was no pure motive! Especially because the funds ended up in pdp campaign

zomoears:


There are laws regulating govt borrowings, and it specifies that it must be documented and approved by DMO.

Madam NOI show me a document from debt mgt office to the effect that the govt "borrowed" Abacha loot to finance d war.

OK, let's assume there was an urgency. Why not regularise the transaction by forwarding d request to NASS and DMO afterwards? We won't be shouting today if she did.

It only shows there was no pure motive! Especially because the funds ended up in pdp campaign

helpee:
you are the novice here. you make budgets based on projections. for example, you can budget 10million for security based on the expectation that you will make 10million from oil. if there is a shortfall in oil for example, you may not make up to 2 million from oil. Meanwhile, there is what we call miscellaneous income. These are income from unexpected sources. so, if the govt got a miscellaneous income of 5 million, they dont have to run to national assembly before spending it on security cos it has already been budgeted for. you call it extra budgetary spending if for example 10million was appproved for security and you now spend 20miilion. the extra 10million is extra budgetary

blazetitov:


Oga, these are just mere statements. The federal government would not plan return of Abacha loot as part of budget. It is just like planning return of Dasuki or So called Arms Deal loot as part of 2016 budget. Na wa oo

ShowYourCertificate:
And who says the 322million dollars was an extra budgetary expenditure? How much was budgeted to the NSA as approved by the National Assembly? SMH

ShowYourCertificate:
DMO you say? Who is incurring the debt here? Who is being owed here? DMO only comes in when incurring external debts.

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.

DecemberIV:


What about the 2.1 Billion dollars approved by Jonathan for Dasuki? Is the NSA's budget also more than $2.1B?

Orikinla:
. You are another idiot. You don't even know her enough to defend her. She had PhD at what age? So? Her very rich parents could afford to send her to the best schools in the world. My own parents were poor, but at 21 I was a project consultant of Johns' Hopkins' University's Population Communication Services in Nigeria through the USAID and at 25, was a national program consultant for UNICEF. And today, I have a national girls education project for the education of over 6.4 million underprivileged girls out of school in Nigeria. What has Mrs. Okonjo-Iweala done for her poor people in Delta State and Abia State (her husband is from my mother's village in Umuahia)?

zomoears:


Oga, go and read the laws of d land and understand d role of DMO. Just because they have been doing d wrong thing repeatedly does not make it right.

DMO by law is d clearing house for all govt debt.

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.

ShowYourCertificate:
And who says the 322million dollars was an extra budgetary expenditure? How much was budgeted to the NSA as approved by the National Assembly? SMH