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Anonimi's Posts

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Politics › Re: Fashola Flags Off Distribution Of Free Pre-Paid Meters In Sokoto (pics) by anonimi: 5:51pm On Oct 10, 2016
4nobody4every1:
There is a sting operation around you now, within the next 72 hours, l will personally lead EFCC , DSS to your location and arrest you, you keep attacking APC , Buhari and the change mantra, enough is enough grin grin
Attack ke? I just dey share information ni oh, bros.
I nor be dog oh. Abi nor be the work of FFK be that under the navigator of the Association of ProgreTHIEF Criminals, APC when he was in power especially when he was looking for 3rd term huh



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Politics › Re: Fashola Flags Off Distribution Of Free Pre-Paid Meters In Sokoto (pics) by anonimi: 5:22pm On Oct 10, 2016
Politics › Re: Senators, Reps Share N46 Billion Annually- Daily Trust by anonimi: 5:17pm On Oct 10, 2016
ISTANDWITHBUHAR:
And between may 29 2015 and now

FG have been paying Salaries
You mean paying HALF salaries and OWING allowances to Aso Rock guards huh
Stop defending this rotten shit, bro!
Abi you be Buharideen ni huh


Alphafeezay:
Staff of Public Complaints Commission Headquarters are currently protesting Half Payment of their salaries amongst other injustices been suffered by them.
Below are some pictures.


www.nairaland.com/attachments/4339461_img20161010wa029_jpeg7db2fe1ab5d016a541f2c68bb8e59645
dre11:
Security operatives attached to the Aso Rock Presidential Villa, including 95 presidential body guards, are grumbling over non-payment of their 13-month special allowance.

They are officers of the Nigerian Army, the Department of Security Service (DSS), the Nigerian Police Force (NPF) the National Intelligence Agency (NIA), the Federal Fire Service and the Federal Road Safety Corps (FRSC).

Since President Muhammadu Buhari assumed office on May 29, 2015, the State House security staff, numbering about 1,400 say they have not received their special allowance otherwise known as Risk Cautious Allowance (RCA).

The administration of former President Goodluck Jonathan was said to be paying each of the senior security personnel at the Villa N30,000; and the junior ones, N25,000 as monthly special allowance.

Findings, however, revealed that even though Jonathan’s administration had reviewed the special allowance upward, the last time the Villa security staff received it was in March, 2015.

But the officers currently securing the nation’s seat of power said it beat their imagination that they could be owed their RCA under the administration of President Buhari, a retired general.

The security personnel, who craved anonymity, lamented that several months after President Muhammadu Buhari had ordered the payment of the allowance, “nothing has been done.”

One of them, a policeman, told our correspondent that he was surprised at the non-payment of the special allowance “especially because the president is from a security background.

The Presidency explained that “clean and lawful” means of paying the special allowance was being devised, as directed by President Buhari.

The Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, told our correspondent that on assumption of office, Buhari’s administration discovered that the Office of the National Security Adviser (NSA) was paying the special allowance without following due process.

Shehu said: “Under the Muhammadu Buhari administration, you are not going to have the NSA going to the Central Bank or the NNPC to fetch money to share around. That is not going to happen.”

He said the president had, to that extent, directed the incumbent NSA, General Babagana Munguno, “to devise clean and lawful means of paying those allowances as part of the overall effort to clean up that office.”



www.nairaland.com/attachments/3841892_20160615113949_jpeg7235f84cf4f5feb36a66be9a905a1079


http://www.dailytrust.com.ng/news/general/aso-villa-guards-grumble-over-unpaid-allowance/151196.html
Politics › Re: Protest At Public Complaints Commission In Abuja (Photos) by anonimi: 4:51pm On Oct 10, 2016
SamuelAnyawu:
They are lucky it's half huh huh

They should just put a call through to any state government worker in Imo State huh huh huh

APC Why huh huh huh

#IStandWithSamDaddy 2019
You mean that Okoroawusa too dey owe salary?
The Association of ProgreTHIEF Criminals, APC have really finished us, walahi. embarassed lipsrsealed undecided
E don take Imo people's money buy N600 million Christmas tree and donate to northerners, chai!


[img]http://2.bp..com/-UCh61UNLO00/VnwpaaXvAvI/AAAAAAAABEo/sfeMbEdgFPo/s640/christmas%2Btree.jpg[/img]



WHOcarex:
The Imo State Governor, Rochas Okorocha, was in Adamawa to inspect the plot of land allocated to him by the State Government to build a secondary school for the internally displaced children.

“This is a clarion call to all Nigerians now to think about the displaced persons in our society and those who are disadvantaged from going to school.

“Most great men of the world are people from poor homes and nations that have neglected their poor ones are nations not willing to grow because there are more wisdom in the families that do not have than the families that have plenty.

“Let us not forget these poor ones because we do not know who is going to find solution to HIV, the hunger in the world or who is going to redeem Africa,” he said.

While Governor Okorocha plans to build a school for the children and the less privileged in the state, the National Agency for Food and Drug Administration and Control, NAFDAC, has also donated drugs to the IDPs in Yola.

The agency’s representative explained that they were aware of the possibility of health challenges setting in at the camps and felt that it was important to make such precautionary move.

Both governors of Imo and Adamawa have asked other Nigerians to assist in rebuilding the state.

According to the Internally Displaced Monitoring Centre, Nigeria has the highest number of Internally Displaced Persons in Africa, totaling about 3.3 million.

Over 2.3 million have been displaced in the northeast, including over 1.4 million children.

Source: Channelstv
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Politics › Re: Protest At Public Complaints Commission In Abuja (Photos) by anonimi: 4:44pm On Oct 10, 2016
todayboy:
DSS will soon go and arrest them
I said it that the MEDIA stories about the Daura Secret Service, DSS arrests were all just wash to cover the festering rot in our nation under the dullard's watch.



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https://www.azquotes.com/picture-quotes/quote-those-who-corrupt-the-public-mind-are-just-as-evil-as-those-who-steal-from-the-public-adlai-e-stevenson-28-33-45.jpg
Politics › Re: Protest At Public Complaints Commission In Abuja (Photos) by anonimi: 4:40pm On Oct 10, 2016
Immatex:
If PCC is complaining to the public, who should the public complain tohuh??.

This country is only getting funkier daily.
Make I ask our "only saviour" the superman who said he will fix things who we can complain to now. grin



www.nairaland.com/attachments/4257139_mumuhamadu_jpeg8f5b75be4e14a3d41f9327e6532cd03c



https://www.osundefender.org/wp-content/uploads/2014/09/Muhammadu-Buhari.jpg


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Politics › Re: Senators, Reps Share N46 Billion Annually- Daily Trust by anonimi: 4:34pm On Oct 10, 2016
ISTANDWITHBUHAR:
Since that what your life will depend on those promise will be fulfil after we have recover our looted money from your paymasters and after putting them in jail.
What your FRAUDSTERS have already recovered is not enough huh
Keep LYING to yourself there oh.


STFUand4kMeHARD:
Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi


Source: http://www.vanguardngr.com/2016/09/looted-funds-fg-recovers-n3-4-trn-cash-assets-amaechi/


https://www.nigerianmonitor.com/wp-content/uploads/2015/07/Buhari-Tinubu-and-Amaechi.jpg
FG Saves Over N3 Trillion through TSA
March 24, 2016


Source: http://www.thisdaylive.com/index.php/2016/03/24/fg-saves-over-n3-trillion-through-tsa/



https://gist.greennews.ng/wp-content/uploads/2016/02/Kemi-Adeosun1.jpg
gabydaniels:
Buhari Has Saved N1.4trn By Not Paying Subsidy On Fuel – Osibanjo


Source: http://www.thisdaylive.com/index.php/2016/08/26/osinbajo-we-have-saved-n1-4tn-by-not-paying-fuel-subsidy/



https://www.newsat247.com/wp-content/uploads/2015/05/Buhari-and-Osinbajo-share-a-laugh-during-town-hall-meeting.jpg
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Politics › Re: Senators, Reps Share N46 Billion Annually- Daily Trust by anonimi: 3:57pm On Oct 10, 2016
ISTANDWITHBUHAR:
Still your childish way, Now that they have freeze mama P account how are you surviving this no free money moment?
I am surviving on the N5,000 and free lunch promised by your FAILURE of a leader looter. grin grin
Satisfied?
Abi you still get am pfor kweshun huh


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Politics › Re: Ezenwa Francis Clears Douglas Refuse Dump Allowed To Punish Owerri (Photos) by anonimi: 3:53pm On Oct 10, 2016
ever811:
chineke....is this what the almighty PDP has been reduced to?....parking refuse...
No.
Delivering HYGIENIC surrounding to the people of Imo whom their public SERVANT has failed in his duty to them.
I hope you can understand something as simple as that.
Okoroawusa is just another FAILURE like Buhari his leader looter.


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Politics › Re: Senators, Reps Share N46 Billion Annually- Daily Trust by anonimi: 3:37pm On Oct 10, 2016
ISTANDWITHBUHAR:
You keep exposing how childish you are in creating different animation. LOL contunu
You don tire already?
It's too early oh. grin
Make I give you chill pill to re-energise you immediately, sharperly. grin grin


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Politics › Re: DSS: Judges Got Bribe In Dept Store, Ghana, Niger by anonimi: 3:32pm On Oct 10, 2016
loomer:
If person wan lie make him lie well na.
When person too LIE after a while it will be increasingly difficult to tell fresh, synchronised lies na. grin grin
Even sef motor dey tire after plenty kilometres, not to talk of human brain. grin grin grin


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Art, Graphics & Video › Re: NL Pictures Album by anonimi(op):
https://media1.britannica.com/eb-media/58/129958-004-C9B8B89D.jpg


Enabling Act of 1933

The Enabling Act (German: Ermächtigungsgesetz) was a 1933 Weimar Constitution amendment that gave the German Cabinet – in effect, Chancellor Adolf Hitler – the power to enact laws without the involvement of the Reichstag. It passed in both the Reichstag and Reichsrat on 24 March 1933, and was signed by President Paul von Hindenburg later that day. The act stated that it was to last four years unless renewed by the Reichstag, which occurred twice. The Enabling Act gave Hitler plenary powers. It followed on the heels of the Reichstag Fire Decree, which abolished most civil liberties and transferred state powers to the Reich government. The combined effect of the two laws was to transform Hitler's government into a de facto legal dictatorship.

The formal name of the Enabling Act was Gesetz zur Behebung der Not von Volk und Reich ("Law to Remedy the Distress of People and Reich". It was enacted by the Reichstag (meeting at the Kroll Opera House), where non-Nazi members were surrounded and threatened by members of SA and SS. The Communists had already been repressed and were not able to vote, and some Social Democrats were kept away as well. In the end, nearly all of those present voted for the act, except for the Social Democrats, who voted against it.

More from: https://en.wikipedia.org/wiki/Enabling_Act_of_1933
Politics › Re: Buhari Will Step On Toes, Big Fat Toes & Heavens Will Not Fall: Lauretta Onochie by anonimi: 3:24pm On Oct 10, 2016
Dollyp101:
He should step on fat toes like OBJ then will respect him
He dares not step on their Association of ProgreTHIEF Criminals, APC party navigator- the Ebola Owu himself.
Na who born am huh

Nigeria's Obasanjo, his Untouchables, and the $16 Billion Power Scam


More from: http://www.africaundisguised.com/newsportal/story/nigerias-obasanjo-his-untouchables-and-16-billion-power-scam


**********************************************************

Keep away from Obasanjo, he wasted $16 billion on power Owie tells Buhari



https://pointblanknews.com/pbn/wp-content/uploads/2015/05/obj-and-owie.jpg


Senator Roland Owie has blasted ex Pres­ident Olusegun Obasanjo over his perceived posture to influence the incoming administration of President-elect, Gen. Muhammadu Buhari.

Reacting to a Think-tank report submitted to Buhari by a team of technocrats put together by Obasanjo, Owie described the document as needless.

In a statement issued in Abuja on Sunday, Owie, who is also a former Chief Whip of the Senate, asked: ”How can Obasanjo be preparing a blueprint for Buhari? A Bini parable says, ‘how can an impotent man get medicine for his brother, who suffers weak erection?’”

Expressing disappointment at Buhari’s romance with Obasanjo, Owie said “Obasanjo will tell the world that the solutions he prescribed for fixing Nigeria were ignored.”

Continuing he said, “I just read that Obasanjo’s think-tank has submitted a blueprint to Buhari. Blue what?

“I am shocked that great Nigerians of the likes of Prof. Akin Mabogunje, Dr. Idika Kalu and Dr. Christopher Kolade were involved. That Obasanjo is linked to the blue-print, it will be a document of blackmail to Buhari very soon.

“Wonders will never end! How can Obasanjo who allegedly wasted eight years in government pursuing perceived enemies, and tried to ruin the legislative and judiciary arms of government in Nigeria; wasted $16 billion on power and not a single kilowatt of energy was produced, destroyed Aladja Steel, Itakpe Steel, Ajaokuta Steel, NITEL, just to mention a few FGN parastatals, now begin to advise Buhari?

“How can Obasanjo, whose government received, in one year, a revenue equivalent of the total revenue that IBB regime received in eight years, yet, nothing to show for it, be handing over blue-print to the in-coming administration?

More from: http://pointblanknews.com/pbn/exclusive/keep-away-from-obasanjo-he-wasted-16-billion-on-power-owie-tells-buhari/
Politics › Re: Buhari Will Step On Toes, Big Fat Toes & Heavens Will Not Fall: Lauretta Onochie by anonimi: 3:22pm On Oct 10, 2016
kcnwaigbo:
With all the "evidences"so far gathered I wonder why these people have not yet been charged to court
Perhaps they have no concrete elements to charge them to court and this is all propaganda to HIDE sai bubu's increasingly evident incompetence and non-performance.
We are definitely in TROUBLE.


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anonimi:
www.nairaland.com/attachments/3780067_laimohammed_jpeg300b471b25482013ab7308bb90f73215



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NYSC › Re: NYSC Slashing Number Of PCM From Each Tertiary Institutions by anonimi: 3:14pm On Oct 10, 2016
Naijapikin1:
@op did u get the message four times?.... Well the nation is broke what do we expect? We'll now have carry-over of pcm's. Seems as if they just took over the naija vehicle and pushed the reverse gear.
www.nairaland.com/attachments/3481039_bu4_jpeg056c668987c2003dffe9a36882b597c2


https://www.36ng.com.ng/wp-content/uploads/2015/01/4.jpg


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NYSC › Re: NYSC Slashing Number Of PCM From Each Tertiary Institutions by anonimi: 3:09pm On Oct 10, 2016
Ekeseges:
I SUGGEST NYSC SHOULD BE SCRAPPED
...........and be replaced with the promised 3,000,000 direct jobs annually promised by our change chain rulers ruiners. grin angry embarassed


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NYSC › Re: NYSC Slashing Number Of PCM From Each Tertiary Institutions by anonimi: 3:05pm On Oct 10, 2016
jossy4joseph:
Its a pity. Under Buhari administration Nigeria is heading backward. May God help us
Shebi we warned the zombies and they said we should zip our mouths shut.
E don happen now everybody dey hear am. angry embarassed undecided



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NYSC › Re: NYSC Slashing Number Of PCM From Each Tertiary Institutions by anonimi: 3:02pm On Oct 10, 2016
Politics › Re: Ndidi Okereke, Others Illegally Acquire NSE Property by anonimi: 2:55pm On Oct 10, 2016
onomeasike:
Ndidi onyuike-Okereke and soludo scammed Nigerians through bank recapitalisation shares purchase and fraudulent share price manipulation by these horrible banks through their illicit warehousing of their own shares using it's own subsidiaries yet nothing happened to them.I still don't know how these two people sleep at night.
This country ehn!!!!
Yet the same Soludo was preaching to us about the alleged corruption of others.
What a HYPOCRITE just like all the other leaders looters!

Edoji:
A confidential source has revealed to Elombah.com that The Australia Federal Police Authority early this year sent a high level confidential security memo to the Presidency through the Office of the National Security adviser detailing bribery probe that centers on a series of multimillion-dollar payments by RBA firm Securency into offshore bank accounts of two British-based businessmen for onward transfer to Nigerian Government Officials to win a bank-note deal in the most serious development in a cash-for-contracts scandal.

Australian Federal Police taskforce had been investigating Securency for possible breaches of Australia's criminal code, which outlaws payments to foreign officials.

Prominent amongst the names that featured in the secret memo is that of then CBN Governor, Charles Chukwuma Soludo, senior officials of the finance ministry and a former president.


More http://elombah.com/index.php?option=com_content&view=article&id=1825:prof-soludo-implicated-in-the-securency-bribery-scandal&catid=1:latest-news&Itemid=67
https://media.premiumtimesng.com/wp-content/files/2015/01/charles-soludo.jpg
Politics › Re: Senators, Reps Share N46 Billion Annually- Daily Trust by anonimi: 2:47pm On Oct 10, 2016
ISTANDWITHBUHAR:
LOL hahaha so this is your next dimension? Jagaban is better than your Goodluck Badluck jonathan, Why won't OBJ disassociate himself from the likes of GEJ, Fayose,FFK etc?

Who want to be in association of failure.
You mean "association WITH failure", right huh
Perhaps you mean the perpetual failure of a presidential candidate that your Ogbeni Ojuyobo packaged after three attempts in 2003, 2007 and 2011?


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Politics › Re: Judges’ Arrest “deeply Regrettable, Distressing” - Chief Justice Of Nigeria by anonimi: 2:41pm On Oct 10, 2016
arresa:
lol @ CJ crocodile tears...

Birds of the same feather...

Una neva see anything...
E be like sey you know the inner workings of these people oh. grin
Abi na you dey deliver "message" from your JagaBandit to them huh


Freegift75:
Code Of Conduct Tribunal Freed Bola Tinubu In Error – Rotimi Jacobs
.
.
.
Rotimi Jacobs, a senior advocate of Nigeria and [size=13pt]the Federal Government prosecuting counsel[/size] in the 13 count charge of false assets declaration trial of Senate President Bukola Saraki on Thursday said the Code of Conduct Tribunal (CCT) was misled to discharge former Governor of Lagos State Bola Ahmed Tinubu when he was arraigned before it in November 2011.

From: www.saharareporters.com/2016/03/19/code-conduct-tribunal-freed-bola-tinubu-error--rotimi-jacobs
www.nairaland.com/attachments/2030416_image_jpeg9f360c5ab7736510df54c882e9dbf188




https://saharareporters.com/sites/default/files/photo_images/Sep/Suporters.jpg?1316613806



nduchucks:
Must They Humiliate Tinubu Like This?
Sep 21, 2011


Haba!
https://saharareporters.com/sites/default/files/photo_images/Sep/Bola%20Tinubu%20and%20two%20governor.jpg?1316613806



https://d19lga30codh7.cloudfront.net/wp-content/uploads/2011/11/tinubus-victory.jpg
Politics › Re: Senators, Reps Share N46 Billion Annually- Daily Trust by anonimi: 2:29pm On Oct 10, 2016
ISTANDWITHBUHAR:
hahaha now i give up completely on you, Tinubu left power in 2007 and has been the leader of opposition party ever since wrestling power from the then ruling party (PDP). He retain Lagos state and take over......

OGUN
OYO
OSUN
EKITI
EDO


if PDP for 8 good year cannot tame this man then PDP is useless.
Is JagaBandit also ruling ruining Ekiti state huh
Your Asiwaju Asiwere seems to love PDP so much he went to beg the Ebola Owu to be the navigator of their new party, the Association of ProgreTHIEF Criminals, APC. grin grin



https://www.youtube.com/watch?v=9iaCiityJqE




https://africanspotlight.com/wp-content/uploads/2015/01/Buhari-Tinubu-other-APC-leaders-visit-Obasanjo.jpg



Obasanjo endorses APC moves, as party leadership visit Abeokuta
22.Dec 2013

The push by the opposition, All Progressives Congress, APC to dislodge the ruling Peoples Democratic Party, PDP received a boost yesterday as former President Olusegun Obasanjo openly threw his weight behind the APC’s current initiatives.
The APC leadership, comprising some national leaders and governors visited him Obasanjo in Abeokuta, the Ogun State capital on Saturday to solicit the former president’s support for the party in the forthcoming elections.
The party leaders, which started converging on Obasanjo’s Hilltop Mansion around 5:22pm, included former governor of Lagos State, Asiwaju Bola Tinubu, the party’s Interim National Chairman, Bisi Akande; former Head of State, General Muhammadu Buhari; former speaker of the House of Representatives, Aminu Masari; former Borno State governor, Senator Ali Modu-Sheriff; Senator Osita Isunazor; Senator Bukola Saraki and Lai Mohammed.
Governor Murtala Nyako of Adamawa State came to the former president’s house in company with the former Chairman of the Economic and Financial Crimes Commissioin, Mallam Nuhu Ribadu; the former minister of aviation, Femi Fani-Kayode and others in a convoy of three black jeeps.
Other APC governors at the meeting included Rochas Okorocha (Imo), Ibikunle Amosun (Ogun), Abdulfattah Ahmed (Kwara), Rotimi Amaechi (Rivers), Rabiu Kwankwaso (Kano) and Senator Abiola Ajimobi (Oyo).
The Chairman of the New PDP, Kawu Baraje led some of his members and the former Kaduna State Chairman, Yero Makama, to the meeting.
Presenting the party chieftains and the APC governors to Obasanjo during the opening of the meeting, Akande said the party was in support of the former president’s 18-page letter to President Goodluck Jonathan.
The APC National Leader, Tinubu who alluded to Obasanjo’s contribution to the building of the Nigerian nation, lamented that the country was divided more than ever.
Apparently referring to Obasanjo’s recent letter to Jonathan, he enjoined the former president not to shy away from speaking the truth.
Tinubu added that the APC had resolved to rescue Nigeria, appealing to Obasanjo to lead the mission.
“You’ve come out of tribulation and held the highest position in this country. We are here because of your courage. Nobody can say he has information more than you. You have surmounted a number of crises. Nigeria is divided more than before; to realise stable Nigeria, we want to encourage you to continue to speak the truth. We’re resolved and determined to rescue Nigeria. We want you as navigator,” he said.


Source: http://newmail-ng.com/new/obasanjo-endorses-apc-moves-as-party-leadership-visit-abeokuta/
Politics › Re: DSS: Judges Got Bribe In Dept Store, Ghana, Niger by anonimi: 2:20pm On Oct 10, 2016
loomer:
Rather than waste your time go Ghana or Benin, why them no go their village or one remote village for naija go do the transaction.
That is the HALF-baked, poorly cooked propaganda of the Association of ProgreTHIEF Criminals, APC crumbles grin grin


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Politics › Re: Senators, Reps Share N46 Billion Annually- Daily Trust by anonimi: 2:19pm On Oct 10, 2016
Politics › Re: No Vendetta Against Past Leaders – Presidency by anonimi: 12:48pm On Oct 10, 2016
Politics › Re: Asiwaju Tinubu : The Limits Of Political Influence By Joseph Edgar by anonimi: 12:44pm On Oct 10, 2016
ZuzuMan:
.......Yes wooooo! I DEY KAMPE for em camp ! No shakyyyyyyyyy cool
Na who you be for inside the pinshure below huh grin


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Politics › Re: Garba Shehu - The President Will Not Take Action That Violates The Constitution by anonimi: 12:42pm On Oct 10, 2016
ISTANDWITHBUHAR:
Your brothers are knwon generally for drug trafficking, Child trafficking, Kidnapping etc.. I can started to imagine how you will react when you children started stealing.
This your gbagaun pass that of your illiterate idol oh, walahi. grin
For your hard work, you better go and collect bonus from Aisha Halliburton's husband. grin grin


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Politics › Re: Crackdown On Corrupt Judges: How BVN Gave Out Suspects’ Hidden Cash-the Vanguard by anonimi: 12:19pm On Oct 10, 2016
modath:
For supposed "learned gentlemen of the law" they are not smooth criminals at all, like the mumu international that didn't in 2yrs withdraw a kobo from his salary account.

Haba nah, how could anyone be that brainless, 2yrs of just credits, no debit? Not one single debit!!! How is is that not a dead giveaway?! undecided
This is where Tunde Fowler and his FIRS tax boys are supposed to swoop on them with a fresh assessment for payment of tax arrears instead of all this exciting noise on corruption fighting.
Politics › Re: Garba Shehu - The President Will Not Take Action That Violates The Constitution by anonimi: 12:12pm On Oct 10, 2016
anonimi:
[size=14pt]Sanusi/CBN/FRCN indictment report continued[/size]


(C) Available information indicates that the Central Bank has over the years engaged in procurement of goods, works and services worth billions of Naira each year without complying with the express provisions of the PPA.

(D) By deliberately refusing to be bound by the provisions of the Act, the CBN has not only decided to act in an unlawful manner, but has also persisted in promoting a governance regime characterised by financial recklessness, waste and impunity, as demonstrated by the contents of its 2012 Financial Statements.

Unlawful expenditure by the Central Bank of Nigeria on ‘Intervention Projects’ across the country

(A) the unacceptable level of financial recklessness displayed by the leadership of the Central Bank of Nigeria is typified by the execution of ‘Intervention Projects’ across the country. From available information, the bank has either executed or is currently executing about 63 such projects across the country and has committed over N163billion on them.

(B) it is inexcusable and patently unlawful for any agency of government to deploy huge sums of money as the CBN has done in this case, without appropriation and outside CBN’s statutory mandate. It is trite that the expenditure of public funds by any organ of government must be based on clear legal mandates, prudent costing and overriding national interest.

Financial infractions and acts of financial recklessness committed by the Central Bank as reflected in its audited financial statements of 2012

(A) pursuant to Section 50 of the CBN Act 2007, a copy of the audited financial statements of the CBN for the year ended 31st December 2012 was sent to Mr. President. Based on the issues raised in the financial statement, a reaction was requested from you to enable a proper appreciation of the nation’s economic outlook.

(B) the response to this query was further referred to the Financial Reporting Council of Nigeria. The review by the council, rather than allay the fears of government, further confirmed concern bout the untidy manner in which you have generally conducted the operations of the CBN.

Some of the salient observations arising from the review are;

(A) in a most ironical manner, it has become obvious that the CBN is not able to prepare its financial statements using applicable International Financial Reporting Standards (IFFS) whereas Deposit Money Banks that the CBN is supervising have complied with this national requirement since 2012.

Undoubtedly, this laxity on the part of our apex bank, apart from calling to question its capacity for proper corporate governance, is capable of sending wrong signals to both domestic and international investors on the state of the Nigerian economy.

(B) the provisions of the Memorandum of Understanding (MOU) signed by the CBN and other Deposit Money Banks on Banking Resolution Sinking Fund have been breached in a material manner. For example, a Board of Trustees (BOT) to manage the Fund has not been constituted since 2010 when it was established. The CBN has however continued to utilise the Fund for certain operations without approval of the said BOT.

(C) contrary to section 34 (b) of the CBN Act 2007 which provides that the CBN shall not, except as provided in Section 31 of the Act, inter alia, purchase the shares of any corporation of company, unless an entity set up by the approval or authority of the Federal Government,m CBN in 2010, acquired 7% shares of International Islamic Management Corporation of Malaysia to the tune of N0.743 billion. This transaction was neither brought to Mr. President’s attention nor was a board approval obtained before it was entered into.

(D) the CBN has failed or refused to implement the provisions of the Personal Income Tax (Amendment) Act 2007. Accordingly the Pay-As-You-Earn (PAYE) deductions of its staff are still being computed in accordance with the defunct Personal Income Tax Act 2004, thus effectively assisting its staff to evade tax despite the generous wage package in the CBN, relative to other sectors of the economy.

(E) the CBN had an additional brought forward to General Reserve Fund of N16.031bn in 2012 but proceeded on a boy age of indefensible expenses in 2012 characterised by inexplicable increases in some heads of expenditure during the year. Examples include:

1. The bank spent N3.086bn on “promotional activities” in 2012 (up from N1.084bn in 2011). The bank spent this sum even when it is not in competition with any other institution in Nigeria;

2. The CBN claimed to have expended N20.202bn on ‘Legal and Professional Fees’ in 2011 beyond all reasonable standards of prudence and accountability;

3. Between expenses on ‘Private Guards’ and ‘Lunch for Policemen’, the CBN claimed to have spent N1.257 billion in 2012;

4. While Section 6(3)(c) of the CBN Act 2007 provides that the board of the CBN is to make recommendations to Mr. President on the rate of renumeration to Auditors, the bank has consistently observed this provision in breach and even went to the extent of changing one of the Joint External Auditors without notifying the office of the President.

5. In the explanations offered by the CBN pursuant to presidential directives, it offered a breakdown of ‘Currency Issue Expenses’ for 2011 and 2012. Interestingly, it claimed to have paid N38.233bn to the Nigerian Security Printing and Minting. Company Limited (NSPMC) in 2011 for ‘Printing of Banknotes.’ Paradoxically however, in the same 2011, NSPMC reported a total turnover of N29.370bn for all its transactions with all clients (including the CBN).

6. It is significant to note that the external audit revealed balances of sundry foreign currencies without physical stock of foreign currencies in the CBN Head Office.

Questionable write-off of N40bn loans of a bank

The above issues are only a few of the infractions highlighted by the review and which point to the gross incompetence and recklessness which characterised the operations of the CBN in the period under review.

However, the CBN also claimed that it paid Air Charter, such as payments to Emirate Airline (N0.511bn), Wing Airline (N0.425bn) and Associated Airline (N1.025bn) to distribute currency by air nationwide. Emirate Airline does not fly local charter in Nigeria, Wing Airline is not registered with Nigeria Civil Aviation Authority and Associated Airline does not have a billion turnover for 2011 because upon enquiry, the management claimed that they have no financial statements and have not had any significant operations for the past two years that will warrant preparation of financial statements.

The breakdown also include “Currency Issue Expenses” of N1.158bn and Sundry Currency charges of N1.678bn under “Currency Issue Expenses.” As they are in 2011 so are similar expenses in 2012. These are difficult to understand.

Other areas of fraudulent activities include

1. Facility Management N7.034bn in 2012 (N5.751bn in 2011.

2. Foreign Bank accounts that have been closed offshore were still operational in the General Ledger for over six months after they have been confirmed as closed accounts by the offshore banks.

3. The “Know Your Customer” policy is not properly followed by the CBN to the extent that the CBN has unknown customer with account balance of N1.423bn since 2008. The CBN claim that it is taking steps to obtain the required details regarding the address of the customer.

Wastefulness

1. Training and travel expenses N9.24bn in 2012 up from N7.65bn in 2011.

2. Expenses on “ATM offsite policy change” came to N1.045bn.

3. Expenses on “Non Interest Banking” N1.359bn in 2012 up from N0.977bn in 2011.

The CBN is still very heavy on expenses on “Project Eagles” spending N0.606bn in 2012 up from N63m in 2011.

Expense on newspapers, books and periodicals (excluding CBN’s publications) is N1.678 billion in 2012 up from N1.670bn in 2011,


From: http://www.punchng.com/news/the-frcns-report-on-sanusi/
Politics › Re: Garba Shehu - The President Will Not Take Action That Violates The Constitution by anonimi: 12:11pm On Oct 10, 2016
ISTANDWITHBUHAR:
$20billion was missed
Do you mean-

- was missing?
- went missing?

Is this why you support an illiterate who ran away from his final exams to join the army huh
As for Sanusi's missing $20 billion, it was part of the scheme to BBOG- Bring Back Our Government (to the north).
It was after he was rightly queried over his FRAUDULENT management of our CBN money. He started singing like a canary bird with changing amounts that he claimed was missing- $90 billion, $50 billion, $20 billion etc.
Only zombies can believe such a dunderhead, surely. grin


barcanista:
Since I was born, I have never witness the kind of hypocrisy, double standard and demonisation that is currently perpetrated by Muhammadu Buhari, the APC, Alhaji Sanusi, Osinbajo and their "good governance crusaders" against the person of President Goodluck Jonathan, Allison Madekwe, and other government officials.

Alhajis Buhari and Sanusi and APC have been going about using every platform to talk about a "missing $20b", cheered by their hypocritical followers that pride themselves as good governance crusaders. They have deliberately gone blind over the fraud of CBN under Sanusi as outlined by the Financial Reporting Council of Nigeria report in February 2014.

Sanusi Indicted And Removed For Fraud
According to the report (see below) Sanusi was indicted for Gross Misconduct that bothers on fraud and financial recklessness among other offence. The FRCN subsequently advised Mr President to remove Lamido Sanusi from office for further investigation and probe after the explanation of Sanusi appeared more like a tale and outrightly illogical according to FRCN. The council indicates that the explanation provided by Sanusi is “a clear display of incompetence, nonchalance, fraud, wastefulness, and abuse of due process and deliberate efforts to misrepresent facts on the part of the leadership of the CBN.”

The council advised the President to exercise the powers conferred on him by Section 11(2)(f) of the CBN Act 2007 or invoke Section 11(2)(c) of the said Act “and cause the governor and the deputy governors to cease from holding office in the CBN.”


April 2014: VP-elect Yemi Osibanjo Filed Case To Stop Sanusi Probe
Rather than Sanusi to prove his innocence in court, he filed a case in Federal High Court, Lagos to STOP FRCN and Other Security Agencies from investigating and prosecuting him through three Senior Advocates of Nigeria, Prof. Yemi Osibanjo, Dr. Kanyinsola Ajayi and Kola Awodien.
http://www.theguardianmobile.com/readNewsItem1.php?nid=24587

13 May 2014: Lagos Judge Tshoho Grants Sanusi Prayers
High Court Judge John Tshoho rather than uphold the constitutional powers of FRCN to investigate probe Sanusi, he granted the prayers of Lamido Sanusi and BARRED FRCN from further investigation or probing Sanusi Lamido Sanusi. In his own words...
“Prejudice is very pronounced in the language of that document. The language of the briefing note (transmitted by the FRCN to the presidency) conveys a sense of the defendant desperately goading the presidency to deal with the plaintiff,”
“The plaintiff submitting himself for investigation (by FRCN) is like the cockroach finding itself in the midst of fowls. Such a cockroach cannot be innocent,”.

http://www.tv360nigeria.com/?p=11923

Despite the fact the President Jonathan commissioned PWC to audit NNPC books to ascertain the veracity or otherwise of Sanusi's claim, Buhari, APC, Sanusi and their online agents that parade themselves as good governance and anticorruption apostles have been crying blue murder but refused to comment on the FRCN report nor the APC's VP elect role in shielding Sanusi for probe.

April 26, 2015: Buhari's Display of Hypocrisy
In his usual hypocrisy, General Buahri vowed to re-visit the $20b allegation but said NOTHING about the FRCN report. In his own word... “Imagine a situation where the former CBN governor who by God ‘s grace would later become the  Emir of Kano raised an  issue of missing billions of money, not in Naira but in Dollars, $20 billion.
“What happened, instead of investigating to know whether it was true that the money was missing or not, they simply found a reason to remove him. So these are the issues we are talking about…"

Contrary to the lies of Alhaji Buhari, Sanusi wasn't removed because he raised alarm, he was removed because he was indicted by FRCN. Jonathan also never kept mute, he commissioned PWC to audit the books. Buhari was also blind to talk about prosecuting Sanusi for the CBN fraud. Perhaps the Emir is as "incorruptible" as him(Buhari)
[size=14pt]The FRCN’s report on Sanusi[/size]



[img]https://www.nairaland.com/download/660265[/img]



The decision to suspend the Central Bank of Nigeria Governor, Sanusi Lamido was based on a report of the Financial Reporting Council of Nigeria dated June 7, 2013.

The report was made after a review of Sanusi’s response to the query issued to him by the President over the apex bank’s financial statement of 2012. His response was dated May 20, 2013.

According to a copy of the report obtained by our correspondent on Thursday, the council indicates that the explanation provided by the suspended CBN governor is “a clear display of incompetence, nonchalance, fraud, wastefulness, and abuse of due process and deliberate efforts to misrepresent facts on the part of the leadership of the CBN.”

The council advised the President to exercise the powers conferred on him by Section 11(2)(f) of the CBN Act 2007 or invoke Section 11(2)(c) of the said Act “and cause the governor and the deputy governors to cease from holding office in the CBN.”

The report read: The particulars of the infractions against Sanusi are:

Persistent refusal and/or negligence to comply with the Public Procurement Act in the procurement practices of the Central Bank of Nigeria.

(A) By virtue of Section 15 (1)(a) of the Public Procurement Act, the provisions of the Act are expected to comply to ‘all procurement of goods, works and services carried out by the Federal Government of Nigeria and all procurement entities.’ This definition clearly includes the Central Bank of Nigeria.

(B) It is however regrettable that the Central Bank of Nigeria, under his leadership, has refused and/or neglected to comply with the provisions of the Public Procurement Act (PPA). You will recall that one of the primary reasons for the enactment of the PPA was the need to promote transparency, competitiveness, cost of effectiveness and professionalism in the public sector procurement system.

More from: http://www.punchng.com/news/the-frcns-report-on-sanusi/
Investment › Re: Investors Lose N432bn As Stocks Value Drops - VANGUARD by anonimi: 12:05pm On Oct 10, 2016
buzquet:
How much were you been paid for this?

Or is it because you no dey see free money again?
Of your above two options, na which one you prefer for your own situation and motivation huh


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