At the public hearing on the investigation of $22billion OPLs and Oil Mining Leases (OMLs) conducted yesterday by the Gideon Gwani-led ad hoc Committee, the Central Bank of Nigeria ( CBN ) and the Office of the Accountant General of the Federation ( OAGF) refused to take responsibility for the records.

The CBN was given a seven-day ultimatum to provide documents to ascertain whether the payment of application fees, royalties, signature bonuses and other fees were actually made by oil frms.

Also, the committee resolved that the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Funsho Kupolokun, should appear before it over the ceding of marginal fields to oil and gas operators.

The committee began investigation into the award of all OPLs and OMLs by the Federal Government to ascertain whether due process and guidelines for the acquisition of oil and gas assets were complied with.

In his opening remarks, Gwani said: “The meeting by the committee with relevant agencies would enable the commitee trace the accounts where fees have been lodged, how much have been paid and by whom, what company has paid and who has not , if such payment have actually been received by the government or not, as well as the balance if any.”

According to a member of the Commitee, Diri Douye, contradictory documents from the Department of Petroleum Resources (DPR) and OAGF were a source of concern to the committee
He said while DPR claimed that ConOil (OPL 257) has paid $100million, the AGF claimed in its submission that the same money was missing.

“There are several contradictions contained in the document submitted to us by DPR and AGF and we must get to the root of this matter; that is why we have asked the CBN to provide us with the statement of accounts of the DPR so we can be sure we got the right document from the DPR,”he said.

CBN was also queried over its decline in providing the statement of account of monies paid into the DPR account since 2002.

In his response, CBN’s Deputy Governor, Bayo Adelabu said discussions have been going on with JP Morgan to provide the statement needed.

He said: “According to J.P Morgan Policy, any information on a particular account exceeding seven years is achieved and we are talking of information from 2002 which was done manually so getting these information is not easy.

http://www.kikiotolu.com/2017/01/cbn-agf-trade-blame-over-oil-bloc.html

Lalasticlala Mynd44 seun Dominique

Buhari sef

Just wondering what APC will tell Nigerians during 2019 election campaign?




*somewhere in Rondon*
Man: Do you travel out regularly or occasionally?

Buhari: Occasionally but the occasions come regularly

R

K

Waiting do Buhari en?

See,leave Buhari alone on this Mata oo


And Any Nigerian that is wishing my president dead, it is the President of their country that will die. _bad people_

veekid:
Buhari sef

I don't know why it's so difficult for most Nigerian public office holders and institutions to ever admit for been wrong or take blames. When something goes Wright they all wants to take credit for it but when reverse is the case they all say it's not me. Na waooo for my dear country

Blame games

Watching hw tins will unfold....

obembet:
Waiting do Buhari en?

See,leave Buhari alone on this Mata oo


And Any Nigerian that is wishing my president dead, it is the President of their country that will die. _bad people_

Ask him for us o

obembet:
Waiting do Buhari en?

See,leave Buhari alone on this Mata oo


And Any Nigerian that is wishing my president dead, it is the President of their country that will die. _bad people_

Amen Amen

Trade blame

That's all this administration has been doing since they came into power. Trade blames.

A house divided against itself, a confused government.
Meanwhile, the zombies that helped install this charade of a government have switched their busy body to attacking Trump. Like he even gives a fvck if they exist.
Charlatans, all of them

I have always said this administration is not holy as they are claiming

Corruption in high places... The masses are pawns in the board of the elites' game

Issues keep draggn and draggn on it seems the APC led administration will never achieve anytin till the end of time. Believing in APC and buhari was a false hope.

dem say money nor dey, money nor dey...yet dem dey c d one wen dey loss... Nah wa 4 9ja ooo....all the loot wen dey don recover we nor dey c dem...anyway we r living in a #CASHLESS society

holysina:
I don't know why it's so difficult for most Nigerian public office holders and institutions to ever admit for been wrong or take blames. When something goes Wright they all wants to take credit for it but when reverse is the case they all say it's not me. Na waooo for my dear country

Maybe jobs are at stake. And most times institutions, team leads and heads cover up wrong actions or moves to protect the integrity of their institution or department. They can't be made to look like fools in public.

where is our money ooh, all this story Ayam not understanding ooh. This people want to bury us oooh

obembet:
Waiting do Buhari en?

See,leave Buhari alone on this Mata oo


And Any Nigerian that is wishing my president dead, it is the President of their country that will die. _bad people_

Ha!ha!ha!ha!

See comment oooo.

You are wicked. Subtly wicked.

Can this country be great again?

Things keep falling apart in Nigeria

am waiting for FG to start talking about cattle ranch or cattle block

veekid:
Buhari sef

A small question for you, are you usually this daft?

obembet:
Waiting do Buhari en?

See,leave Buhari alone on this Mata oo


And Any Nigerian that is wishing my president dead, it is the President of their country that will die. _bad people_

And Any Nigerian that is wishing my president dead, it is the Person that will die. _bad people_

They have learnt from the best blame trader...mr daftus and his APC crew. They cannot do better than their master.