How Reasonable is the FIRS 90bn/40bn allegation?

Apparently this has been on for a while, I just heard about it and it only took me about 20 seconds to spot a number of holes in this story started by former APC spokesman Timi Frank, accusing Osinbajo and the FIRS of misappropriation of money meant for the latter to fund the 2019 elections.

Firstly, the incongruities in the stories being reported by the media are conspicuous. With some of them putting the figure at N90bn and others claiming N40bn, which one are we to believe?

Also, how does the FIRS fund a campaign with N90 billion when in its past four years of operations the agency has not received up to N100 billion in any year as Cost of Collection from the Federation Accounts Allocation Committee, FAAC? How can they simply afford it? Bear in mind that it is from this remittance that the agency pays salaries and trains over 8000 members of staff. It is from the same pocket they run their over 150 offices nationwide.

Furthermore I know from the long years a close friend worked at the agency, that their budget and expenditure approval processes pass through the Budget Office and the Ministry of Finance after which it is then presented to the National Assembly for Appropriation into Law; this is a House comprising different political parties who would obviously put their own parties’ interests before others’. How would they (from the opposition party) have simply allowed such propaganda that is injurious to their own party’s ambitions fly?

I could go on and on, but even a toddler can already see through this poorly orchestrated distraction. This infamous 90bn story is outright falsehood that was fabricated and being circulated for the selfish political reasons of men that are bereft of progressive ideas.

Seun, Lalasticlala, Mynd44, OAM4J

I wish people Can channel the energy they invest in pulling people down into something reasonable.

Two words... VERY UNREASONABLE

I think you people should get a better work to do then pulling innocent people down with fake news

I can't listen to Timi Frank anymore because he's a confused man

Timi Frank dump fellow

I don't see any sense since no fact to backup their claims not even sure of the figure N90bn/N40bn
which one are we to believe?

Its unreasonable. Timi himself didn't have proof.

Chai! This ain't reasonable. Besides where is that boy, timi frank sef. You need to be in the correctional ward.

Lydia696:
How Reasonable is the FIRS 90bn/40bn allegation?

Apparently this has been on for a while, I just heard about it and it only took me about 20 seconds to spot a number of holes in this story started by former APC spokesman Timi Frank, accusing Osinbajo and the FIRS of misappropriation of money meant for the latter to fund the 2019 elections.

Firstly, the incongruities in the stories being reported by the media are conspicuous. With some of them putting the figure at N90bn and others claiming N40bn, which one are we to believe?

Also, how does the FIRS fund a campaign with N90 billion when in its past four years of operations the agency has not received up to N100 billion in any year as Cost of Collection from the Federation Accounts Allocation Committee, FAAC? How can they simply afford it? Bear in mind that it is from this remittance that the agency pays salaries and trains over 8000 members of staff. It is from the same pocket they run their over 150 offices nationwide.

Furthermore I know from the long years a close friend worked at the agency, that their budget and expenditure approval processes pass through the Budget Office and the Ministry of Finance after which it is then presented to the National Assembly for Appropriation into Law; this is a House comprising different political parties who would obviously put their own parties’ interests before others’. How would they (from the opposition party) have simply allowed such propaganda that is injurious to their own party’s ambitions fly?

I could go on and on, but even a toddler can already see through this poorly orchestrated distraction. This infamous 90bn story is outright falsehood that was fabricated and being circulated for the selfish political reasons of men that are bereft of progressive ideas.

Seun, Lalasticlala, Mynd44, OAM4J

It's like all these clowns think Nigerians are stupid and we won't ask questions. From N90 billion to N40 billion. I wonder why that Timi Frank is still walkkng freely, he was the one that started this fake news.