Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,389 members, 7,815,828 topics. Date: Thursday, 02 May 2024 at 07:02 PM

States Get N1.9tr Excess Crude Account Loans - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / States Get N1.9tr Excess Crude Account Loans (591 Views)

Only $323.7m Left In Nigeria’s Excess Crude Account - FAAC / Lagos, Kwara, Kogi Other States Get New Commissioners Of Police / ‘Where Is The $65bn Obasanjo Left In Excess Crude Account?’ Amaechi Fires At GEJ (2) (3) (4)

(1) (Reply) (Go Down)

States Get N1.9tr Excess Crude Account Loans by zakim(m): 6:30am On Feb 28, 2018
The Federal Government said, as of September 2017, it has disbursed a total of N1.91 trillion loans to states from the Excess Crude Account (ECA), the budget support facility and the Paris Club refunds.

Vice President Yemi Osinbajo said this in Abuja yesterday at the Dialogue of Organs of Government on Reform of Justice Sector and Campaign Against Corruption, organized by the Presidential Advisory Committee Against Corruption and Federal Ministry of Justice.

Osinbajo put the ECA and the budget support loans to states within the period at N873.3 billion, saying no previous administration had given such support to states since 1999.

The vice president, who was represented by the Deputy Chief of Staff, Mr Ade Ipaye, said the present administration should be applauded for exercising restraint and discipline in its appointment of public servants.

Osinbajo: Why Nigeria declined on corruption index

He said despite the latest corruption perception index released by Transparency International, the administration was making progress in its fight against corruption, saying the perception of the TI “may indeed lag behind reality.”

He, however, said rather than see the ranking of Nigeria by the TI as a setback, the government had “to keep up the good fight until the full effect of our efforts can be clearly seen and perceived.”

He said main reason for Nigeria’s decline in the Transparency International 2017 Corruption Perception Index was that the nation recorded a major drop in score on just one out of the nine international recognized indexes used by Transparency International to ascertain perceived levels of public sector corruption from the perspective of experts and business people.

“So, the drop recorded was in just one out of the nine recognized indexes. The index in question scored Nigeria low on the economy intelligence unit country’s risk service with the decline from 37 points to 20. This is an index that analysis the risks of financial exposure in countries.

The chairman of the Presidential Advisory Committee on Anti-Corruption, Itse Sagay, said his committee would rather work alone rather than with corrupt people.

https://www.dailytrust.com.ng/states-get-n1-9tr-excess-crude-account-loans.html

Re: States Get N1.9tr Excess Crude Account Loans by Desyner: 6:37am On Feb 28, 2018
These are states that are suppnse to be earning N1.9Trillion in IGR and running smoothly. If we say restructure the country, Buhari will talk the one that favour his poor region.
Re: States Get N1.9tr Excess Crude Account Loans by ManirBK: 6:39am On Feb 28, 2018
ok
Re: States Get N1.9tr Excess Crude Account Loans by ashjay001(m): 6:59am On Feb 28, 2018
Desyner:
These are states that are suppnse to be earning N1.9Trillion in IGR and running smoothly. If we say restructure the country, Buhari will talk the one that favour his poor region.


So restructuring, will bring up incorruptible polithiefians?
Re: States Get N1.9tr Excess Crude Account Loans by Desyner: 7:27am On Feb 28, 2018
ashjay001:



So restructuring, will bring up incorruptible polithiefians?
Where did I write that?
Re: States Get N1.9tr Excess Crude Account Loans by lionshare: 9:46am On Feb 28, 2018
This is the problem with the present system we have, over-concentration of power at the center. Decentralize and see real Development...positive competition.
Re: States Get N1.9tr Excess Crude Account Loans by ashjay001(m): 8:08pm On Feb 28, 2018
Desyner:
Where did I write that?


U complained abt PMB not agreeing to restructuring n seem to imply, that's why corruption remains n progress is hard.

(1) (Reply)

Buhari Yet To Inform Me Of Rivers Visit, He Can’t Revive Dead APC – Wike / Sen Adamu Risks Probe Over Alleged Plot To Destabilise Senate / Ado Ekiti In Frenzy As Ojudu Declares. (pictures).

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.