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See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) (4889 Views)

Excess Crude Account Now $2.26bn – FG / Jonathan, NOI, Governors And The Excess Crude Account Events / Presidency Denies Plans Of Sharing $1.7 Billion From Excess Crude Account (2) (3) (4)

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Re: See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) by Nobody: 6:24am On Feb 15, 2016
Hmmm
Re: See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) by Yyeske(m): 6:38am On Feb 15, 2016
OP, i guess the governors arm twisted the FG to making illegal deductions from the ECA before they decided to have their share and if i may ask, what exactly did the clueless GEJ achieve with his share?
Re: See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) by Mynd44: 6:48am On Feb 15, 2016
luvinhubby:

Paying the fuel subsidy you went to Ojota with Tunde Bakare to protest & force the FG to continue paying.
Loooool. The protests were held in Almost every state in the SW and the North. Heck in Ekiti, it was led by a Catholic priest. In Kano, while the Muslims prayed, the Christians formed a ring around them so why are you on about Ojota? Those protests were part of the most unifying forces in our recent history and why did we protest?

We did not protest because we were against subsidy removal, we protested because we did not trust the Nigerian government to do anything meaningful with the money saved and were we justified? Yes.

What happened to the money from the "partial removal of subsidy"?
Re: See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) by Mynd44: 6:52am On Feb 15, 2016
Yyeske:
OP, i guess the governors arm twisted the FG to making illegal deductions from the ECA before they decided to have their share and if i may ask, what exactly did the clueless GEJ achieve with his share?

People always love point fingers forgetting that 3 fingers point right back at them. The FG got 55% of the funds and how come they did not save out of that money? What was done with the money that went to the FG from the ECA?

Things like this is why the former administration was voted out. I will keep saying that until people realize that Nigerians did not vote in President Buhari bit voted out President Jonathan, we will keep going in circles
Re: See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) by wirinet(m): 6:58am On Feb 15, 2016
oduastates:
Excess crude account : 22 billion us

Fg: State = 55:45

Fg's share was at least 12 billion.
What exactly did Jonathan spend 12 billion on within a year?

False statistics. The states combined only get approximately 24%. The revenue sharing formula is 52:26:21 to the Federal, state and local governments respectively. Jonathan and Okonjo Iweala were illegally spending from the excess crude account without permission from the states and local governments and then giving flimsy excuses when queried.
Re: See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) by Yyeske(m): 7:12am On Feb 15, 2016
Mynd44:

People always love point fingers forgetting that 3 fingers point right back at them. The FG got 55% of the funds and how come they did not save out of that money? What was done with the money that went to the FG from the ECA?

Things like this is why the former administration was voted out. I will keep saying that until people realize that Nigerians did not vote in President Buhari bit voted out President Jonathan, we will keep going in circles
I tire for those wailers abeg.
Re: See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) by luvinhubby(m): 8:15am On Feb 15, 2016
Mynd44:

Loooool. The protests were held in Almost every state in the SW and the North. Heck in Ekiti, it was led by a Catholic priest. In Kano, while the Muslims prayed, the Christians formed a ring around them so why are you on about Ojota? Those protests were part of the most unifying forces in our recent history and why did we protest?

We did not protest because we were against subsidy removal, we protested because we did not trust the Nigerian government to do anything meaningful with the money saved and were we justified? Yes.

What happened to the money from the "partial removal of subsidy"?


Story! story!....stooorrryyyy!!!

Was the subsidy removal the only adverse policy of GEJ?
If you protested subsidy removal, why did you not protest against boko haram & show support for our troops against them as was done in Niger, Chad & Cameroon?
Re: See What Happened To $10 Billion In Nigeria Excess Crude Account (pic) by AyoolaIgwe(m): 5:05pm On Apr 15, 2016
oduastates:
Excess crude account : 22 billion us
Fg: State = 55:45
Fg's share was at least 12 billion. What exactly did Jonathan spend 12 billion on within a year?
wot exactly did the Governors do with their share?

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