₦airaland Forum

barcanista:
You are very ignorant. A regulatory body has no power to investigate? Even the Judge naver mentioned this, not even Sanusi. You my friend need to grab a copy of FRC Act. Its people like you that will say NASS have no power to investigate. Let me even tell you that even your "Church" can investigate you for misusing their money and pass the report to Statutory Agencies for Prosecution.

Investigation, Probe and Prosecution are 3 different things!

See this protection seeking hypocrite calling someone else "very ignorant". I have attached the section of the FRC act showing the functions of FRC.

Your church analogy is brainless just like your president's yam and goat analogy!

Whynotthetruth:
Let me show you how you're the bigger foooool and idioooot here...

Is efcc not a federal agency too?...ollodo

I sought to see where all you were listing as their duties will state that they have no legal backing to do what they are doing...mpama like u...

Did the court injunction say that frcn didn't have legal backing rather they said its witch hunt...Now why won't subsequent probe be seen as witch hunt too...onuku

That you rushed to court to stop probe. does it make you innocent?... what are you hiding?...what don't you want us to see and hear?...ewu

Why has sanusi being submitting his annual reports to frcn if you think they have no legal backing...anumanu

Reply me with insults again and I will let you see that I won't "struggle" to insult you more...afoanu like u

Hehehehe... Let me first start by insulting you formally - Your brain would have better use as food for Clifford Orji than on your head!

Now back to the matter, does EFCC being a federal agency mean it is saddled with the responsibility of making accounting standards and regulations as it relates to the accounting profession? NO! EFCC investigates financial crimes like the one Sanusi is alleged to have committed. It's stupid, idiotic and foolish to think FRCN was investigating any financial crime when that is outside its purview. Rather, GEJ was bent on using anything to push Sanusi away. If he's serious, the EFCC should have investigated it and should still be investigating it.

You and that protection seeking hypocrite should start putting your brains to better use.

barcanista:
The case against Sanusi is mind blowing. Yet some scumbags are hell bent on looking the other way. Jonathan should just convoke an SNC abeg..I don tire for these people

Then it should be investigated appropriately! When did FRCN start investigating cases? You are smarter than this!

Whynotthetruth:
And if he's sure of his deeds and not afraid of any misdeed or gross reckless mismanagement of CBN, why waste so much money buying so many SANs to subvert the course of justice.... Why stop investigation with court injunction?... why not allow the probe to go on?...I weep on how we allow this partisan to becloud our sense of judgement?... selective prosecution and Justice would hurt & hunt so many tomorrow if not challenged today including those laughing now....

The FRCN lacks statutory powers to carry out any investigation! It's the same way they went ahead to levy Eko Hotel before they were taken to court. If GEJ had evidence of financial impropriety against Sanusi, why didn't he use EFCC? I'm struggling hard not to call you and the OP idiots.

The Financial Reporting Council (FRC) of Nigeria is a federal government agency established by the Financial Reporting Council of Nigeria Act, No. 6, 2011. It is a federal government Parastatal under the supervision of the Federal Ministry of Industry, Trade and Investment.

The FRC is responsible for, among other things, developing and publishing accounting and financial reporting standards to be observed in the preparation of financial statements of public entities in Nigeria; and for related matters.



The Council’s main objects, as defined in the FRC Act, are to:

protect investors and other stakeholders interest
give guidance on issues relating to financial reporting and corporate governance to professional, institutional and regulatory bodies in Nigeria
ensure good corporate governance practices in the public and private sectors of the Nigerian economy
ensure accuracy and reliability of financial reports and corporate disclosures, pursuant to the various laws and regulations currently in existence in Nigeria
harmonise activities of relevant professional and regulatory bodies as relating to corporate governance and financial reporting.
promote the highest standards among auditors and other professionals engaged in the financial reporting process.
enhance the credibility of financial reporting; and
improve the quality of accountancy and audit services, actuarial, valuation and corporate governance standards.

What's the role of FRCN? This is a very silly thread.

See

The story around the transfer of OML 42 to cronies of this government!

Is a presidential portrait required by law in public offices? Or it is just a tradition?

chigoizie7:
U are the one that needs to shut up, during presidential elections, more than 70% were accredited manually, so the election should be scrapped as well? Many states were APC won,eg IMO, I bet it was 100% accreditation by card readers?

I don't know why some people are always high on their urine.

He who goes to equity should do so in clear hands.

For the sake of transparency, INEC should release all figures for both state and presidential that were accredited using the card readers on a state by state basis.

As far as I know, the card readers authenticated the cards but not the fingerprints during the so called manual accreditation. If that's the case, they should be able to provide data of all cards that were presented for voting and compare it to the actual votes. It may not change the outcome of the election but it could help shape future elections and actions by participants.

There isn't light in our laboratories but we still go to school! Hospitals don't have light but they still treat the sick! These wasteful legislators that do nothing for most part of the year and collect huge salaries just gave themselves two days holiday cos of outages? They must be mad!

HzRF:
Wen GEJ asked the governors to allow him save the excess crude money they especially APC said no it must be shared nw they are saying trash

Why didn't he save his own share which was more than 50% of the ECA? What projects did he accomplish with his own share?

PassingShot:
While taking my time to dissect your write-up, let me say kudos to you for finally heeding my advice to play opposition with constructive criticism.

Modified*
Some errors in what you claim APC promised:
1. APC/GMB never promised provision of 24/7 electricity. They only promised to increase power generation/distribution year on year.
2. The 3 million jobs (actually 20,000 jobs per state) is over four years.
3. They didn't promise to "end" corruption but to fight corruption and reduce it to a manageable level
4. All their social programs have conditions attached to them. They are secondary issues and shouldn't be the priority of the incoming government. They may only attend to them when monies are available to prosecute them.



The mistake of GEJ was not only sharing the $25 billion dollars, his failure to utilize our earnings from crude sale is even bigger than sharing the ECA. Besides, you cannot blame the governors for insisting on sharing when they always came back to meet the account depleted without their knowledge and without satisfactory explanation for what the money was used for.

All your suggestions are what GMB/APC have already given an indication that it is the way they will operate by:
1. Blocking leakages
2. Leaner government
3. Persuading NASS to reduce allowances of political office holders
4. Providing incentives to recover looted funds after looking at previous probe reports
5. Merging of some ministries while also eliminating minister of state portfolios.
6. etc., etc.
All in all, the incoming government has shown capacity to do things very differently from the outgoing one.

Fine, they shared the money. What did GEJ do with his over 50% share?

emmykk:
buhari will be better if he keep to what is on ground. Which is giving them their monthly stipends. Doing otherwise is bring his own govt down.


Orubebe register end his displeasure on Gej.

Have the militants surrendered ALL their weapons?

What's the use of engaging contractors and consultants at the same time? Are there not competent personnel in the civil service to supervise the project? Does the contractor lack technical knowhow on the project? Or is that how contracts are awarded now?

Cooking gas was never NGN7,500 for 12.5Kg

Nice one!

This news isn't surprising. It mirrors the map Osinbajo was viewing earlier.

pazienza:
How did GEJ toy with SW? What wrong did he do to SW? He gave you lots the house of rep speaker slot, Tinubu blocked it. He did more infrastructure for SW and North,than he did for SE and SS, yet you lots return his good gestures with insults. Did he do wrong by involving Yoruba youths(OPC) in the oil pipeline and protection deal, a favour he didn't even extend to Igbo youths( MASSOB)? Posterity would judge you lots, your hatred for GEJ is tribal and regionally motivated, everyother thing you say is simply a camouflage.

Your foolishness is tribal and not your fault. No Yoruba man goes to the polls saying he's our son vote for him.

PDP has become a regional party and TANoids are yapping BS.

Clerverly:
The way jonathan divided this country now is sickening! Buhari has got a lot of work to do!

For the first time in my life, I felt very ashamed to be a Nigerian! Could you imagine that, in my polling booth, All Yorubas Voted for the APC, while all the Igbos voted for PDP! Even though Buhari won in my Unit, I was very upset in the voting pattern

Buhari really got work to do, when it takes over in May!

Noticed exact same thing in my PU.

The Ekiti plot is being played again.

Lalasticlal, seun, ishilove and other super mods... FP

IceDune:
Shut up! The same Jonathan you blame knew this was going to happen and planned to deploy the military but your innocent APC used a court order to prevent him. Now you're blaming the violence on Jona.

I won't forget sleeping in the bush as a youth corper because Buhari ordered his supporters to be violent after losing the elections in 2011.

If I vote Buhari make I die
If you vote Buhari, you're same as Boko haram because you support evil

Is the military not still patrolling Lagos? Daft mumu

This is Jonathan's plan all along. Cause violence in the South West. There was no violence prior to the February 14 polls. GEJ unleashed the beast on Lagos by his frequent visits and payments. He is wicked and callous and his end is very near.

Dear Compatriots,

Time For Nigeria To Be Great Once Again

I want to take this last opportunity, before we go to the polls on Saturday March 28 and April 11 respectively, to thank everyone who has supported our campaigns. I am humbled and grateful to have had the opportunity to meet so many of my fellow Nigerians who have helped to carry the message of change across our great country.

This is the fourth time that I would be standing for election as the President of Nigeria. All these years, I have been driven by a keen awareness of the potential greatness of our country and the desire to provide the true leadership that will unleash this huge potential. I believe that a stable and prosperous Nigeria is not only important to Nigerians. It is also important to Africa and the rest of the world. The evidence of this is the unprecedented attention that our country will receive this weekend. On Saturday, the whole world would wait with baited breath for the greatest black nation on earth to take charge of its destiny. We must therefore not miss the significance of this moment. We must not let ourselves and our country down.

At no other time in our history is Nigeria in such an urgent need of strong and competent leadership. Sadly, at no other time is this leadership so sorely absent in our country. We live in a time of great opportunities and great peril. It is only a leader that understands these in equal measure that can find the rightful place for Nigeria among the great Nations of the world.

I have travelled extensively around Nigeria in the last three months. In the course of my travels, I encountered directly, what I have always believed: that a Hausa man’s desire for security is not different from the Ijaw woman’s desire to feel secured in any part of our country. An Igbo woman’s desire for her children to get quality education and find employment is not different from the Yoruba man’s dream for his children to become a useful member of our society. A wife’s desperate need for affordable and quality healthcare for her husband diagnosed with prostate cancer in Enugu is not different from a husband’s desire to save the life of his wife diagnosed with ovarian cancer in Lagos. Invariably, our fears are the same; our dreams are the same; and our problems are the same. Regardless of the language we speak, or the way we understand and worship God, what affects anyone of us, affects everyone of us.

Our economy is celebrated as the largest in Africa, yet our country is home to the continent’s highest number of people living in extreme poverty. Our youth population is larger than the combined population of many of our neighbours, yet our failure to plan and create opportunities for them is turning them to a social time bomb rather than economic catalysts. A band of ragtag terrorist group has threatened our territorial integrity, killed thousands of Nigerians, displaced our people and abducted our children. The almost 60, 000 Nigerians who have become refugees in neighbouring countries represent a budding threat to sub-regional stability.

However, even in the face of these daunting challenges, I see a great opportunity for change. We have to start by rebuilding the trust and confidence of Nigerians in their government. No citizen will respect a government under whose watch more than 200 girls were abducted. This singular act can only portray the government as insensitive, incompetent or both. When I become president, reuniting these children with their families will, without doubts, be a top priority. Rebuilding the army and other security agencies will also be a top priority of my government. I will ensure that never again will terrorists find a safe haven in Nigeria.

Recent fall in international price of crude leaves us badly exposed and vulnerable. Dwindling oil revenue also means that we are going to face serious financial challenges in the months ahead. However, even as daunting as this appears, it also provides us with great opportunity to diversify our economy and finally give meaning to the widely held belief that our prosperity as a nation would not continue to depend on the resources buried under our feet, but on the productive capacity of our people.

No matter how much resources we have, if not properly utilized, it would only create a few billionaires and leave majority of our people in poverty. Under the current administration, corruption has enjoyed unprecedented prosperity and this has been at the heart of most of our government failings, including insecurity, broken infrastructure and growing inequality in our country.

My government will have a zero tolerance for corruption. I will set a personal example and run a government that truly serves the people rather than serve themselves and a privileged few. Like I have repeatedly maintained that if Nigeria does not kill corruption, corruption will kill Nigeria. We must not allow Nigeria to die. Therefore, we must do all that is necessary to root out this evil that has reduced our great country to a laughing stock of the world. We must begin to rebuild the social fabrics of our society and teach a different experience to our youth in the values of hard work, discipline, integrity and service.

The change that I seek therefore; is a change from the current regime of mindless of corruption and profligacy; a change from fear and insecurity to peace and stability; a change from religious and ethnic divisiveness to unity, equity and justice. This is the change that my party stands for. This is the change that I am committed to bringing about as President. Give me the chance to lead you in rebuilding a Nigeria that all of us can be proud of once again.

As we come out to vote on Saturday, I appeal to all Nigerians to shun violence in whatever form. It is the right of every adult Nigerian to vote and expect that their votes would count in a free, fair and credible election. However, we also have a responsibility to respect the choice of others and grant them the same treatment that we expect.

I also want to call on all our men and women in uniform, the Judiciary, and all others who have constitutional responsibility to safeguard our democracy, to remember that their responsibility is primarily to Nigerians and the survival of Nigeria. They must therefore not allow anyone to use them to subvert the will of the Nigerian people. I believe that their dreams and aspirations are not different from those of other Nigerians.

I have no doubt that with God being on our side; together we can make our country great once again.

https://www.youtube.com/watch?v=vKZvzNT32QE

I hope this is shown on all TV stations

https://www.youtube.com/watch?v=vKZvzNT32QE

We can all see what PDP is all about. They have precipitated violence in Lagos because they are interested in winning elections at all cost. This makes it very necessary for all lagosians to vote out PDP both at the centre and in the state. Enough of lawlessness and compromising institutions. This has to end.

anitabeauty:
It took America 10yrs to get Bin Laden. So Buhari as the leader of Boko Haram will be caught soon.

Ode, he was in Imo yesterday

anitabeauty:
Do you know that Buhari owns and runs Boko Haram as a terrorist organization?

And GEJ that knows this does not have the balls to arrest him? I don't want such coward as a president.

anitabeauty:
I am yoruba but voting Buhari is a no no. The guy smells of terrorism and violence. He will end of in Hagues if you causes anymore problem this time when he is beaten on saturday.

He smells of terrorism and violence? What will you say about GEJ absolving MEND? What will you say about GEJ saying its our turn to experience terrorism? What will you say about GEJ keeping quiet when 219 girls were kidnapped? What will you say about GEJ not providing leadership as Boko Haram took our territories?