₦airaland Forum

See apostle..

Governor Adams Oshiomhole of Edo State has accused a former Minister of Finance and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala, of illegally withdrawing $1 billion from the federation account to prosecute the re-election bid of former President Goodluck Jonathan.
Speaking at a Seminar organized by the Edo state government for Permanent Secretaries, Directors and Deputy Directors entitled “enhancing IGR in Edo, issues, prospects and challenges”, the governor said the former minister also needs to tell Nigerians how the Excess Crude Account was drawn down to $4.1 billion from the peak of $10 billion when no approval was given by the National Economic Council for any withdrawals.
The governor who said Mrs. Okonjo-Iweala would have been declared a pathological liar if she were a witness in court due to the inconsistencies in her statements.
He said a forensic audit would truly determine how much was illegally spent from the federation account under her watch as Minister.
He said the state government would now hold Permanent Secretaries, Directors and Deputy Directors responsible for any fraud detected in their departments saying the government has trimmed down the cost of running government.
He said: “the truth is, many things went wrong even at the federal level. As you might have read in the papers, while the federal government, under Goodluck Jonathan, with the then Coordinating Minister of the Economy liked to blame “Governors” for wasteful spending, for not saving for the rainy day, for not investing properly, the truth is the real weakness in the Nigerian federal chain has been the Federal Government.
“Our hope is that with the new President, given his pedigree, we will break from the past.
“As I’m sure you will soon begin to hear when all the numbers are published, last week, I complained aloud that Edo State lost about N10 billion over a four year period from only one source: the NLNG remittance to the federation account.
“How did I arrive at the figure? I used my 4-Figure Table and I asked myself at $2.1 billion remitted by NLNG as taxes and Shell, and by the way, Shell is not the only oil operative, we have Chevron and several others. They shared the $2.1 billion based on the revenue allocation formula, Edo State got about N2.27 billion. So I said, thank God this money came after the departure of Okonjo-Iweala and President Jonathan. If the PDP were still in charge in Abuja, this money would have been taken.
“That is not the only money Edo State Government has lost. You have heard of the last instalment of $4.1 billion that was in the Excess Crude Account as of November, 2014, and from that time till today, we have not; when I say we, federal, states and local governments have not touched that money.
“We have not agreed to take anything out of it, and yet it has been drawn down to about $2 billion. Which means $2.1 billion disappeared. If you listened and followed the conversation, when I made this allegation after the National Economic Council meeting that the former Minister of Finance and Coordinating Minister, Dr Okonjo-Iweala took $2.1 billion without approval and spent it in a manner that was never accounted for, she replied that I lied and said that it was the Commissioners and herself who agreed to distribute that money to the three tiers of government and that FAAC is the most visible expression of our true federalism. And that we shouldn’t claim that FAAC is unknown to us. That FAAC is a creation of law and so on and so forth.
“I’m going into this, because, as public servants, you need to understand not just the finances of Edo State but also the finances of Nigeria, particularly as they affect our state.
“Now the Commissioners of Finance met and they looked at themselves and they looked at Okonjo-Iweala and they submitted to Okonjo-Iweala that ‘madam, you lied, not Oshiomhole because in truth, we have no powers to decide withdrawals from the Excess Crude Account and that that power is vested in the State Governors at the level of the National Economic Council.’ But whether vested or not, we never, ever resolved to share money from that account.
“Now the former Minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-Iweala, confronted with these hard facts now shifted the argument that ‘oh no it is not FAAC that approved it, it was the former President Goodluck Jonathan that approved it.
“President Jonathan as far as the law of Nigeria is concerned, or any President, his approval is limited to funds of the federal government, not funds of the federation. Funds of the federation can only be approved by Governors and representative of the President as reflected in the composition of the National Economic Council, which is made up by Governors and chaired by the Vice President, with the CBN Governor and Minister of Finance and others as members. But there’s so much confusion now that Okonjo-Iweala can say one thing in the morning and tomorrow she will say I never said so. If she were a witness in a court of law, she would be declared a pathological liar whose evidence is of no value.
“So governments have lost a lot of money and the $2.1 billion, Edo State’s share of that, because that would have included derivation we would have made about N2.6 billion. That, we have lost now to Okonjo-Iweala.
“Now that she claimed she used it, between herself and the last President, they agreed to take the money to pay oil marketers. But if you talk to those oil marketers, they will tell you that within that period, they were paid $1 billion not $2.1 billion. So in truth, about $1 billion was taken for election purposes and Edo State’s share of that should have been about N4.6 billion from that $2.1 billion that Dr Ngozi-Okonjo Iweala, the former Minister of Finance illegally took from Excess Crude account.
“For clarity, that is not the only money they have so illegally taken. If you look at the total number at a point, the excess crude account peaked at $10 billion and we now heard it dropped to $4.1 billion. This means at some point, another $6 billion was taken. So we are hopeful that by the time we carry out some forensic analysis, we will be able to show clearly how much of the funds accruing to the three tiers of government were unilaterally and illegally spent by the Federal Government under the former Minister of Finance.”
The former finance minister could not be reached on Monday to comment on the allegations. Her spokesperson, Paul Nwabuikwu, did not respond to our calls.
On the seminar organized for top public servants to enhance the states IGR, Oshiomhole said: “the need for this workshop arose from reports, that virtually every week when we discuss at the level of the state executive council, issues that have to do with Internally Generated Revenue. The truth is; so much money could be paid by those who are supposed to pay, in most cases when this money is paid, in some cases, they never get to the treasury.
“Those responsible for diversion for running all these closed accounts, or pocketing or opening special accounts rather than the one known to Edo State Government or so authorized are by and large civil servants. And on few occasions, they also enlist some political appointees to be part of such rackets.
“We have over the period had cause to interrogate and fire some persons who were involved either in operating illegal accounts or undervaluing certain things that ought to have been properly valued so that correct taxes are paid the government.
“If government must continue to provide those basic needs of our people, somebody must pay for it. People have to pay taxes.
“Luckily, Edo is not owing workers’ salaries and we will do everything possible to ensure that the pay day is sacrosanct, because even the Bible says a labourer is entitled to his wages but we must understand that if we do not sustain and improve on where we are, with regards to Internally Generated Revenue, if the money is simply not available, something will have to give.
“We have trimmed down considerably as much as we can on the cost of running government. We have suspended overheads and allowances across the board from Governor’s office to Deputy Governor’s office to Secretary to State Government’s office, to Commissioners so that we can free resources to meet our salary obligation, but remember that the primary purpose of government is not just the payment of salaries. If all that government entails is to pay salaries as at when due, to be honest you do not need any other person except a fairly smart Clerk and a fairly honest Cashier.
“The primary purpose of government is to improve on the quality of lives of the people and provide basic economic and social infrastructure. To think that because we can pay salaries, all is well. All is not. I will not accept a situation where we are only able to pay salaries and nothing else.
“Henceforth, Permanent Secretaries, Directors and Deputy Directors will be held liable for any fraud detected in your department or section except if you are the one who raised the alarm. If a fraud is detected in your department by anyone outside yourself, we will assume that you are all a part of it.
“I need you all to understand that Nigeria, right now, is in serious financial crisis. If public servants pursue their duties the way they pursue their promotions, things will change.”


http://www.premiumtimesng.com/news/top-news/186604-okonjo-iweala-used-1bn-govt-money-for-jonathans-re-election-oshiomhole.html?utm_source=&utm_medium=twitter

Mogidi:
Buhari is confused, it is now official, the man is brain dead.

I dont think its PMB,i think its those Perm sec,they are clueless and continue to spit out false information

But if you look at it from the LEFT,it seems it's PMB because ADESINA his spokesman confirmed it

The former governor of Jigawa State, Sule Lamido, and his sons, have been transfered from Kano prison to Kuje prison in Abuja, PREMIUM TIMES has learnt.
Mr. Lamido was transferred in a preparations for a bail hearing, expected on Tuesday.
The former governor and his sons are facing corruption charges.
On Wednesday, a federal judge ordered they be detained in Kano prison till September 28 when their bail applications would be heard.
However, a prison official in Kano told PREMIUM TIMES that he saw the governor and his sons being taken away from the prison at about 10am on Monday.
He said Lamido and his sons could be transported to Abuja by road because there was no sign they were to travel by air.
When our correspondent visited the Kano prison early Monday, there were several guests waiting to see Mr. Lamido, apparently unaware they had been moved.
PREMIUM TIMES understands that the former governor’s counsel, Effiong Effiong, succeeded in having a vacation judge assigned to hear the case in Abuja.
A source said already some of the former governor’s aides had moved to Abuja in preparations for a possible bail hearing.
A spokesperson for the EFCC, Wilson Uwujaren, told PREMIUM TIMES he did not have the information about the transfer.
However, a prison official in Kuje confirmed to PREMIUM TIMES that the former governor and his sons had been moved into the facility at about 4pm Monday.

http://www.premiumtimesng.com/news/top-news/186585-ex-gov-lamido-sons-moved-to-abuja-prison.html?utm_source=&utm_medium=twitter

boiz2mhen:
FTC...fp

Am sorry it won't make front page! Someone posted it 3 minutes earlier

ABUJA – President Mohammadu Buhari , Monday , appointed new Service Chiefs and the National Security Adviser.
Major-General Babagana Monguno (rtd.) is now the new National Security Adviser, while Major-General Abayomi Gabriel Olonishakin is Chief of Defence Staff.
The other Service Chiefs are ; Major-General T.Y. Buratai , Chief of Army Staff; Rear Admiral Ibok-Ete Ekwe Ibas appointed Chief of Naval Staff; Air Vice Marshal Sadique Abubakar is the new Chief of Air Staff and Air Vice Marshal Monday Riku Morgan, is now the Chief of Defence Intelligence.http://www.vanguardngr.com/2015/07/breaking-news-buhari-appoints-new-service-chiefs/

tdmoggy:
The British High Commission has no right to seize a Nigerian Passport in the first place.
If you can prove that you indeed entered Nigeria and left UK. Put your evidence together and sue them in the UK court.

He can not prove it,he is just trying to make mockery of their data base,these people are not fool they have checked his data and they have found out he didnt pass through their immigration check point in the uk,we dont need to argue over this because am sure the OP knows the truth

It's called chop in,chop out,you don't need to tell us the truth because it's obvious

GTB is actually the best but i can never use them
I hate any bank with so much crowd beside they are very stingy bank with limited branches

GEJ legacy will lives forever as the most corrupt HEAD OF STATE

The Peoples Democratic Party (PDP) has said thecentenary city built during President Goodluck Jonathan administration is a blueprint for corruption and dismissed the claim that the centenary city was a public private partnership arrangement.

Speaking with newsmen weekend in Abuja, PDP national vice chairman South South, Dr. Cairo Ojougboh said a huge chunk of land was given to one man who went to incorporate the centenary city as a free zone, describing it as “crime personified.”
Dr. Ojougboh said he had personally wrote a letter to President Jonathan on several occasions concerning the centenary city telling him it is wrong to create a free zone in the city centre, stressing that the issue of centenary city has made some Nigerians to believe that the PDP is a corrupt party.

“Find out. The centenary city is owned by one man and when he come he will start calling names; Abdulsalam Abubakar, this and that. If you go to the Corporate Affairs Commission, you will see the owner of the centenary city. There are two companies owned by one man who was in charge of the office of the SGF. And of course, personally, I severally wrote a letter to Mr. President telling him that this thing is wrong, that you cannot create a free zone in the centre of the city.

“That if you live in a free zone, you need visa to go in and out, that if you make the centenary city a free zone, you are going to deprive Nigerian industries of income and employment. In Dubai where you have free zones, the land belongs to the government. Today, the certificate of occupancy of the so-called free zone is in bank fold that is what they used to be getting money to be building the free zones. It is such things that people begin to tag PDP as a corrupt party.


“Somebody within that office called the SGF had impunity to tell Nigerians lies that the centenary city is a public private partnership arrangement; I mean it is a lie. In fact, huge chunk of land was given to only one man and it didn't stop there. He now went to incorporate the entity as a free zone. Where have you ever seen it in this world? It is crime personified.

“But we are going to re-build the party and if we don't tell ourselves the truth, we won't be able to rebuild the party. I have told you why the PDP lost the election. But as a PDP member, I am telling you that PDP is not corrupt. But what I know is the issue of the centenary city which I know that, that place is a blueprint for corruption and that entity is corrupt. That is what I am saying,” he said.
Dr. Ojougboh also questioned the release of over N700 Billion bailout package for states by President Muhammadu Buhari, saying: “the issue with it is the method of disbursement, did the National Assembly approve it? You see, this is where democracy comes in. Was it appropriated, that bail out? Does it have legal backing? The PDP is a party and is watching.”
http://dailytrust.com.ng/sunday/index.php/news/21300-jonathan-s-centenary-city-conduit-pipe-for-corruption-pdp

I am seen internal bleeding,he wont survive it if care is not taken
jesus save your son

Let them start the war,it's very east we just have to give BOKO HARAM free hand to fight them

The major reason is that,Bible was composed in such a way that everything would be found inside it
So there is no way it wont contradict one another

Karlman:
yeah some of those countries enjoy relative peace though not totally devoid of terrorist attacks and that is owing largely to those countries practicing moderate islam than being the result of how rich they are.

for instance Osama bin ladin was a saudi citizen and so are some members if ISIS AND IRAN IS A MAJORITY SHIA MUSLIM country that are behind many terror organisations like HEZBOLLA, EGYPTS MUSLIM BROTHERHOOD AND A POCKET OF OTHER MILITIA GROUP AROUND MIDDLE EAST.


SO IN REALITY THERE IS NO ARAB NATION WITHOUT A ISLAMIC MILITIA UNDER ITS PAYROLL

EGYPTS MUSLIM BROTHERHOOD are not terrorist

Karlman:
of course i agree the north is poorer and less educated but there is no basis for us to submit that those are the reasons terrorism find its way into their lives

Illiteracy+unemployment=poverty and poverty leads to crime
as one American senator says,the major course of terrorism is poverty as most of the suicide bombers and islamic fighter are being paid certain amount to carry out deadly attacks
or can you give me one rich islamic country who are into terrorism,use malaysia,UAE,KUWAIT,Iran,Jordan,Bahrain,saudi arabia and other average islamic countries as an example

Karlman:
OK

BUT SHOULD WE THEN SAY ILLITERACY AND UNEMPLOYMENT ARE FOUND IN NO OTHER PART OF THE COUNTRY BUT NORTH?

More than 75 percent of northern population are illiterate and i believe you will hardly find 10 percent in other region of NIGERIA

illiteracy and unemployment

jammani:
Please take her abroad cos I guess for the past 12yrs, you have been using Nigeria hospitals.

You got it,its probably a deadly cancer

1after:
[s][/s]

Ngwakwe the disgraced nairaland bigot. The ugly old man without honor. Spits on your long head.

Must you curse people before you make statement ?
I read 2 pages of your old post and its full of curse, no wonder you are mostly active in Ethnic, Racial, Or Sectarian Politics
Pls be very careful

dnnfolfm jkmfklk;lmre fjkmf jklfdm kmlgmgf kjfm gfknl;mf jklfm fd
Medicine after death
Na you shabi

I met Serena few years ago,i was speechless when she said BAWONI to me
Never believe she could speak and understand Yoruba
I was so so surprised
She later told me she has half sister from the same mother who happen to be Yoruba
that was how she learnt the language

jcross19:
can we see the work of buhari!!!!! Why on earth will they call a terrorists , militants? This is the problem when our president is looking for a means of an amnesty for terrorists. Maybe premium times are so dumb to differentiate between terrorists and militants.

It seems PMB is not ready to kill this terrorist just as Jonathan did not want to kil Niger Delta militant,PMB seems like a fraud and we have been screwed,we need to ask him our $21million he paid out of the $100m to those group of african countries because the mission suppose to start on july first and nothing has been heard about it until now

WombRaiders:
You do just that.

In this era of grand delusion where the new normal is now evil we do not need any further confusion.

Giving Boko Haram the wrong label will make some forget what they truly are.

I'm not the owner of the article,its copy and paste and it must not be altered

WombRaiders:
Change the tittle .

Boko Haram are not Militants but Islamic Terrorists.

Other terms not to be used to describe the group are "insurgency", "Gureillas", "Rebels", "Freedom Fighters"

I'll tell Premium Times

I love them

I wont go to school i dont like any of them

Lamido did not employe good lawyers that is the major problem here
he would have been released on bail just like Nyako

nekta:
guy he get tins wen dem de go even in d name of love wetin u think say ur pman go yarn 4 dix matter u de pay hostel rent 4 anoda nigga 2 com Bleep her 4 d rum abi dem tie ur life round her neck u just de tro ur moni 4 fire

you'd do the same if you had that kind of lady