Dekdek's Posts
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Whynotthetruth: |
Dbboy: It's not her book, whatever she has in her possession belongs to the entire Federation. It's not her private property. |
vic620: Did she respect me when she was busy sharing lies publicly trying to make a mockery of those far intelligent than her? |
Charly68: As simple and straightforward as ABC. I wonder why this should be difficult for anyone to comprehend. For years, Ngozi never published such. |
gbolsng: I refer u back to my response on this Commissioner Crap on page 2 of this thread. The witch was looking for who to bully instead of the governors on the NEC where she was supposed to discuss such matters. Not FAAC. Go back to the page, second to the last post on that page. |
olillywales: Now this is a leader. Never did sambo did something close. Jonah-daft infected him with cluelessness. |
What was this bitchh hiding....... The squandering of the Excess Crude Account (ECA) is another area in which the Minister of Finance should come out, shed more light and put all the cards on the table. During several meetings of the National Economic Council (NEC), which has all the governors as members and with the Vice-President as Chairman, I had cause to observe that the State Governments, who are joint owners of the ECA, with the Federal Government, were not being adequately briefed on the status of the Account. Accordingly, I had consistently demanded from the Minister of Finance a transparent and periodic disclosure of accruals to the ECA, at least on monthly basis. I had argued that even village associations do make available their financial statements from time to time, and as NEC, I see no reason why we will not even do better. All these years, my pleas fell on deaf ears. The Minister of Finance consistently failed to apprise the NEC with critical information on the management and operations of the ECA in black and white, when she eventually got to do that, it was usually verbal and casual, and hardly meaningful enough for decision-making. The Minister of Finance had also developed the penchant for deliberately avoiding NEC’s crucial meetings, which many saw as a ploy to keep the governors in the dark. And when she is not around, no one gets any information, as if she was running a one-man show. http://saharareporters.com/2015/05/27/economy-okonjo-iweala%E2%80%99s-hidden-figures-governor-adams-oshiomhole |
ceecee0703: Kanu wants his camp to be deserted so that when his Ibotic warlords come in to kill him, no ibo blood will be a casualty. Kanu wants Kumuyi dead.That's a fact. |
masonkz: The truth is that Bittch will never publish this vital information. Exactly what Oshiomole has been demanding all these while. |
gbolsng:u are wrong. Oshiomole has been on this witch case for so long now. No be today. simple google search will reveal a lot. Check one of it below http://saharareporters.com/2015/05/27/economy-okonjo-iweala%E2%80%99s-hidden-figures-governor-adams-oshiomhole |
Whynotthetruth: |
donuba61:Its like u are just coming out from a cave. where av u been. This was revealed just this week. this was what led to the bitchh publishing what she just did ![]() Economic Council accuses NNPC of spending N3.8tn in three years without approval The National Economic Council, NEC, which was yesterday inaugurated by President Muhammadu Buhari, has revealed that the Nigerian National Petroleum Corporation, NNPC, spent N3.8 trillion in three years without approval. This was as it explained that whereas the state oil corporation claimed to have earned N8.1 trillion from 2012 to May 2015, what it paid into the Federation Account was N4.3 trillion. The revelation was brought to the fore by the Edo State Governor, Comrade Adams Oshiomhole, who was accompanied by his Kaduna and Zamfara states counterparts, Nasir el-Rufai and Abdulazeez Yari, while they briefed State House correspondents after the inauguration of the NEC at the Presidential Villa, Abuja on Monday. Oshiomhole disclosed that at the NEC meeting, which was the first by this administration, President Muhammadu Buhari instructed that the NNPC and the office of the Accountant General of the Federation were compelled to provide information in black and white on issues as they relate to the sale of the nation’s crude oil from 2012 to May 2015. According to him, “We are talking about transparency, we are talking about change. And what we saw from those numbers, I believe that Nigerians are entitled to know, is that whereas the NNPC claimed to have earned N8.1 trillion, what NNPC paid into the Federation Account from 2012 to May 2015 was N4.3 trillion. “What it means is that NNPC withheld and spent N3.8 trillion. The major revelation here is that the entire federation, that is, the federal government, the states and all the 774 local governments, the amount the NNPC paid into the Federation Account for distribution to this three tiers of government came to N4.3 trillion and NNPC alone took and spent N3.8 trillion. “Which means that the cost of running NNPC was much more than the cost of running the federation; that tells you how much is missing, what is mismanaged, what is stolen and these are huge figures. “We need to earn and spend, it is basic law in accounting that even if you run a cigarette shop where you sell Three-Rings (a cigarette brand), you don’t sell and spend. You sell, take to your bank account, and you budget for your procurement including cost of running your business. “There is no enterprise manager who goes to the market and sells and just begin to spend, otherwise nobody needs to budget. “And because you are running a democracy and you are running three tiers of government, and the resources involved belong to the three tiers of government, the only lawful way decreed by the constitution, this is not an administrative regulation, it is not a policy derivable from a circular, this is from the express letter and spirit of the Nigerian Constitution, as amended. “So if NNPC, for example, needs to spend money, it is obliged to prepare its budget like every other business enterprise. That budget will be scrutinised by the executive and forwarded to the National Assembly and the National Assembly will accordingly appropriate it. “If the federal government cannot spend without appropriation, why should any agency spend without appropriation? NIMASA (Nigerian Maritime Administration and Safety Agency), for example, whatever they earn, they are supposed to pay into Federation Account and also present their budget on their requirements. This is what the constitution provided for. “And this is what President Buhari has promised to do that henceforth all monies must go to the Federation Account. What you need, you budget for. Nigeria cannot continue with NNPC earning the money and spending it. “Where is transparency? Where is the role of the National Assembly? If they were doing their job, you won’t have a situation where the NNPC alone will spend N3.8 trillion and remit to the federal, states and local governments N4.3 trillion which means NNPC is taking about 47 per cent and that explains all the leakages we are talking about,” he stated. Yesterday’s indictment of NNPC by the governors confirmed the forensic audit report by PricewaterhouseCoopers (PwC) and the 2012 report of the Presidential Committee on the Verification of Fuel Subsidies, which both revealed that the corporation deducts as much as 46 per cent of oil receipts to meet its expenditure before remitting the balance to the Consolidated Revenue Fund, CFR. The Edo State governor, who had been consistently vocal in his allegations of sleaze in the oil sector, continued that: “Nobody is saying that parastatals should not spend money but they must return to budgeting. There is no major player, there is no major registered private company that will spend money without a budget. “Even in a private company, you will have your board of directors looking at your revenue, total sales, your turnover, your personnel cost, running cost, visibles and invisibles and you have the budget for the year; that is how every sensible business runs. “That is the way it was when President Buhari was Minister of Retroleum. So we are not reinventing the wheel, because that is the way it used to be and that is the way the constitution says it should be.” Oshiomhole explained that council also reviewed the status of the Excess Crude Account (ECA), stating that the former Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, had reported to the council in November 2014. He alleged that the account had $4.1 billion as at then, “but today the Accountant General Office reported we have $2.0 billion. Which means the Honourable Minister spent $2.1 billion without authority of the NEC”. While alleging that the money from the ECA was not distributed to the states and local governments, the Governor added that, “This is why the NEC has set up a panel to look at what accrued, what it was spent for, when and by whom, so that Nigerians will have the full picture of all the transactions as regards the much talked-about Excess Crude Account.” The corruption APC accused PDP of has started under Buhari – Metuh On his part, Governor el-Rufai of Kaduna state pointed out that the ECA was started by former President, Olusegun Obasanjo around 2004 or 2005, confirming that he was in the administration and was part of the team that established the account. http://dailypost.ng/2015/06/30/economic-council-accuses-nnpc-of-spending-n3-8tn-in-three-years-without-approval/ |
elohorayodele:Did u know the outcome of the NEC meeting that held this week? if u do, u wouldnt have asked me this foolish quetion. |
gbolsng:what he is saying is that the commissioners from all the states had no mandate from their principals to do such. Above all, its against the law. |
jaybee3:Indeed flesh and blood didnt reveal this to u ![]() |
lekahm: This she has repeatedly not done and that is exactly what Osho baba is demanding and not the shit she is presenting.Already, the NEC has a bigger picture now of how much came in especially through NNPC and how much NNPC refused to remit to the federation accout. Again i reinstate that NOI remains a lying bitcch and a crook. |
Ponponkon:Will that stop him from being a criminal? ![]() |
Now this is a leader. I cant remember Sambo doing anything close to this. |
OSHIOMOLE REPLIES OKONJO-IWEALA, SAYS 'I DON'T WANT TO SAY SHE KNOWS HOW TO LIE WITH STATISTICS' Speaking on Channels TV this morning, Governor Oshiomole said; "I think with all due respect to former Minister Okonjo Iweala, she knows how to play around, I don't want to say lie with statistics. I have made this point that she keeps opening only parts of the pages and not the entire book. The logic of transparency is that the honorable minister must publish in full what is accruing to the federation account month to month and what is distributed to who? What she has been publishing is what went to the Federal government, state government and Local government. What she has never published simultaneously is what is it that accrued during the period out of which this said some was distributed so we can net what is distributed from all that was collected so we can see what was left in the Excess Crude. Now you can see her changing the goal post. Okonjo was a member of the National Economic Council, I was a member and we have asked her and I am on record at asking her , [b]don't give us verbal report on matters of federation account. Give us written report and the power to spend is not vested in Commissioners, she knows that. You look at the constitution and tell me what section gives the commissioners of finance presided over by the Finance Minister all not elected by Nigerians. [/b]The membership of NEC is clear-the governors chaired by the Vice President representing the President, the CBN governor and other federal relevant ministries such as the ministry of National Planning. How would she avoid this level of responsibility? When people are abusing governors today nobody is talking about Finance commissioners.Sometimes not even finance Minister. Why will she rather have the conversation with Commissioners of Finance and not the governors? So she has some explanation to do."he said http://lindaikeji..com/2015/07/oshiomole-replies-okonjo-iweala-says-i.html |
Sleekyshuga: Sensible ibos like u still abound. Only the riff raffs, and jobless nonentities that are giving ur kind a bad name. |
Ponponkon: He is a criminal because he is operating an illegal radio station with no address. now tell me why he wants Kumuyi dead? |
Sleekyshuga: Very true. Below is one if it's proponents. aguiyi: |
Ponponkon: In otherwords, kanu of Biafra is a criminal that ought to be ignored right? He asked u to kill and not dekdek |
bobbiekrantz: Fool nahhhh ![]() I got the interpretation right. ![]() dekdek: |
Kufie: He claimed kumuyi is the reason why ibos are dejected and lost. |
I thought kanu of Biafra radio asked ibos to stone kumuyi to death? ![]() |
Expected. He never had a case in the first place. |
That frog eye bitchh has been lying since forever............... who remembered the below: HOUSE OF REPS FUEL SUBSIDY PROBE: Farouk Lawan: what is Nigeria’s daily fuel consumption? Diezieni: 52million Liters NNPC: 35m liters DPR: 43m liters PPPRA: 24M liters Okonjo: 40M liters Farouk Lawan: What was the subsidy for 2011? Diezieni: 1.4Trillion Okonjo: 1.3Trillion CBN: 1.7Trillion Farouk Lawan: Can we have the KPMG REPORT? Okonjo: I have to go through the report first Diezieni: I have not seen the report Farouk Lawan: What is the production capacity of our local refineries?’ NNPC: 30% PPPRA: 20% DPR: 13% Diezieni: 15% Farouk Lawan: Does Nigeria pay subsidy on locally refined Products? Diezaini: it depends NNPC: The lay man cannot understand how it’s done PPPRA: yes DPR: No Farouk Lawan: Why is Kerosene still scarce? Diezieni: Because its use by the aviation industry as aviation fuel NNPC: Because there is no subsidy so NNPC overstretched its resources PPPRA: it’s not properly deregulated Farouk Lawan: what is the balance in the subsidy accounts? Diezieni: it’s a virtual account NNPC: There is no account in existence as the lay man will look at it PPPRA: The account is a technical one CBN: There is no account with us for subsidy Okonjo: The account exists but not with a bank. ![]() Hmmm, abracadabra, the more you see the less u understand! |
IdisuleOurOwn: sosanova: ![]() Cowards, always looking for fools to fight their battles. "Ibotic traits". ![]() Where ur warlord self? NOI remains a lying Bitchh. U can go and die. |
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I need answers Mr Not Gullible"... thanks
??