Politics › Re: Budgetgate And The 2 Trillion Fraud by fitzmayowa: 1:37pm On Feb 16, 2016 |
snailspeed: I have watched the Federal government continue to embarras themselves in what is arguably one of the biggest executive scandals in Nigeria's history. But what has really gotten my attention is their very unprofessional and downright deceptive response to the whole quagmire. It has gone from the very bizzaire to the outrightly deceitful and I feel there is a need to put the records straight, especially for future reference.
The most bizzaire response has seen the ministers outrightly deny their own ministries budget like Shaggy singing, "It wasnt me". This has written a new chapter to the country's corruption story. If the ministers didnt write those budgets, then we are in a bigger trouble than we actually think we are. It means we have a government that cannot manage themselves let alone manage 170 million Nigerians. It also means all the ministers are shockingly incompetent. It also implies that there is serious corruption going on in the ministries as we speak.
Before the government apologists try to ram it down our throats that it is those around the president that are involved, let us not fail to remind them that some of the most embarrasing corruption items in the budget came from the presidency. Yes, you heard it right! It came from the acclaimed squeaky clean, saintly PMB.
But let us get down to the real business of the day. I am really woried that even the opposition and many analysts of the budget have missed the biggest issue yet.
What is the biggest issue with the 2016 budget?
The biggest issue with the 2016 budget is this: If you go through the budget, you will suddenly realise that about 2 trillion Naira in the bugdet are made up of fraudulent and ghost line items. That means that of the over 6 trillion budget presented by Buhari, the real and credible budget is just around 4 trillion. The rest is fraud and money meant to be shared by government and party cronies. This is most alarming when you realise that about 2 trillion is going to be sourced as loan to fund the budget. That means, Nigeria is trying to source for loans to fund coruption.
We are about to take loans to fund fraud!
Somethig really twisted happened in some of the ministries in their bid to cover up their fraudulent items. When the budget was first released by the BudgtIT folks (credit to them for exposing the budget from the unset and preventing the FG from getting away with the fraud), and then withdrawn, this is what some of the ministries did.
To fix the fraudulent items in the budget, what the ministries and agencies (including the presidency) did was either:
1. Remove the fraudulent line items that have been exposed but distribute the amount from those line items among the other items. For example, Lets say a ministry budgeted 200 million for computers, 300 million for tables and 500 million for boreholes (That is a total of N1 billion). If, for example, the table budget was flagged as fraudulent, they will simply remove the table item of 300 million but share that 300 million between the computers and borehole budget. So they will return the budget with the 1 billion total unchanged, but this time, the computers budget will be 400 million and the borehole will be 600 million. This is a very shocking display of fraud and skilled corruption. If the computer budget is flagged as fraudulent, what should have simply happened is that the ministry should have removed the computer budget and returned the budget as 700 million, not 1 billion.
2. Remove the fraudulent line items and assign the value as new budget items. In this case, whole new items where inserted into the budget altogether to make up the amount removed. What is again alarming is why they must spend the funds. The concept of a budget is not to create items that must be purchased. It is not a blank check for government officials to go on a shopping spree
It is really worrisome that the Buhari government is hell bent on spending the over 6 trillion even when it is not justifiable. This is why we must reject any budget that is above 4.5 trillion Naira. Any budget that comes back from the FG that is above 4.5 trillion is definitely a crooked budget. This is also why we must insist that the FG should not borrow any funds for now as any funds borrowed to fund the budget is actually funds borrowed to line the pockets of government cronies.
Any budget that comes back from Buhari that is above 4.5 trillion if fraudulent!
I have seen some APC youths go on social media to celebrate the sacking of the DG of the budget office. Question is, what does that take away from the monumental budget fraud? Was the budget of the ministries written by the budget office. The ministers have all gone to the NASS to defend their budgets. I didnt see anyone whose budget was written by the budget office and the ministers are all walking free and laughing at the rest of us.
This is a most shameful note in the history of this country but we must continue to call out Buhari and his governance team. If we sleep for one moment, we might all wake one day to see some rich Arab sheik has bought the country and has the C of O. Our APC rice eater e warriors will come for you, rather than engage you on the issues raised...oya APC rice eater e warriors over to you... Make i siddon watch  |
Politics › Re: Budgetgate And The 2 Trillion Fraud by fitzmayowa: 1:34pm On Feb 16, 2016 |
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Politics › Re: Gov Of Bauchi Posts Glorious Pictures Of Yankari, Says, #buynaijatogrownaira by fitzmayowa: 1:32pm On Feb 16, 2016 |
Everybody towing the path of Ben Bruce, i guess Bruce's #commonsense revolution is "catching" everyone... |
Business › Re: Naira Falls To N345/$ In Parallel Market by fitzmayowa: 6:49am On Feb 16, 2016 |
nnachukz: I will make $1=N1. The zombies jumped up, they never cared to ask for the multiplier. Today it is clear the man meant $1=N1*10^3. or even more. Making $1 = N1 is what the oyinbo's call building castle ine the hair and the so called zombies that believed him should have their head checked... This what you get when you surround yourself with an incompetent economic team, that comprises the likes of kemi Adeosun... I hope the Naira does not discover oil at the rate it's falling...SMH |
Politics › Re: Ben Bruce Recieves His Innoson Bullet Proof SUV by fitzmayowa: 6:43am On Feb 16, 2016 |
The change you seek begins with you... |
Politics › Re: Saraki’s CCT Trial Begins March 10 by fitzmayowa: 8:46pm On Feb 12, 2016 |
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Politics › Re: Residents Back Garbai, Say Boko Haram Still Controls 24 Lgs In Borno by fitzmayowa: 5:45pm On Feb 12, 2016 |
resty4: Apc n lyn r twn bros. APC and lies are siamese twins, i hope our beloved APC e warriors will not tag the residents of maiduguri as IPOB/Wailers/Ekpas/PDP paid peeps... We are getting to a stage in this country that any piece of news from the government will be tagged as lies even if its true, since the PMB led fg and minister of information continues to feed nigerians lies with their various press release... Lies and propaganda can win you elections, but the same lies and propaganda will make nigerians loose confidence in this government, that is if the confidence is not lost already...SMH |
Politics › Re: Residents Back Garbai, Say Boko Haram Still Controls 24 Lgs In Borno by fitzmayowa: 5:34pm On Feb 12, 2016 |
PMB don join lai mohammed for the lying game...SMH |
Politics › Re: NNPC Raises Import As Kaduna, P'harcourt Refineries Remain Shut by fitzmayowa: 7:43am On Feb 11, 2016 |
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Politics › Re: Military To Lai Mohammed: We’re Not Fighting Boko Haram With Substandard Weapons by fitzmayowa: 6:57am On Feb 11, 2016 |
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Politics › Re: Military To Lai Mohammed: We’re Not Fighting Boko Haram With Substandard Weapons by fitzmayowa: 6:55am On Feb 11, 2016 |
INTROVERT: Lies and propagandist everywhere I hope the military will not be tagged as IPOB/IPOD/Wailers/Ekpas by our beloved APC e warrior... Oya APC e warriors over to you, "lying liar mohammed" has been exposed, lets see how you defend him...  |
Politics › Re: Military To Lai Mohammed: We’re Not Fighting Boko Haram With Substandard Weapons by fitzmayowa: 6:49am On Feb 11, 2016 |
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Politics › Re: Aso Rock Security Operatives Grumble Over Unpaid Allowances by fitzmayowa: 6:17am On Feb 11, 2016 |
Flexherbal: Unpaid salaries everywhere. From Osun to Imo to Kwara to Abuja I guess unpaid salaries is another definition of "CHANGE"...  |
Politics › Re: Aso Rock Security Operatives Grumble Over Unpaid Allowances by fitzmayowa: 6:11am On Feb 11, 2016 |
If this piece of news is anything to go by then the president needs to handle this situation carefully, this are the people responsible for his safety, i don't think its a wise idea/decision to owe them any of their entitlement...
If not for the sake of his own (PMB) personal safety, PMB should resolve this issue quickly for the sake of national security and for the sake of innocent souls that will be lost up north if anything happens to him...IMHO
Source... |
Politics › FG Asks CCT To Give Date For Saraki’s Trial by fitzmayowa(op): 5:59am On Feb 11, 2016 |
The Federal Government has written to the Code of Conduct Tribunal asking for a date for the commencement of the trial of the Senate President, Dr. Bukola Saraki, on charges of false assets declaration.
The letter written on behalf of the Federal Government by the lead prosecuting counsel, Mr. Rotimi Jacobs (SAN), followed the February 5 judgment of the Supreme Court validating the trial of the Senate President before the CCT.
It was learnt that Jacobs sent the letter with a copy of the Supreme Court’s judgment attached to it to the Danladi Umar-led CCT on Monday.
Our correspondent did not get to see a copy of the letter, but the Head, Press and Public Relations of the CCT, Mr. Ibraheem Al-hassan, confirmed to our correspondent that the registrar of the tribunal had received it.
“I have confirmed from the registrar and he confirmed to me that Mr. Rotimi Jacobs (SAN), wrote the letter, informing the tribunal that the Supreme Court has dismissed the appeal that was stopping the trial from going on. He attached a copy of the judgment to the letter.
“The letter will be considered and a hearing notice will be issued later on.”
It is expected that the tribunal will give a date for the trial and issue hearing notices to parties to the case this week.
A seven-man panel of the apex court presided over by the Chief Justice of Nigeria, Justice Mahmud Mohammed, unanimously ruled in its judgment on February 5 that Saraki’s appeal against the jurisdiction of the CCT and the competence of the charges, lacked merit.
Justice Walter Onnoghen, who delivered the lead judgment, dismissed all Saraki’s seven grounds of appeal, affirming that the charges instituted against him were valid and that the tribunal was validly constituted with requisite jurisdiction to try him.
The CJN and other members of the full panel of the apex court, comprising Justices Tanko Muhammad, Sylvester Ngwuta, Kudirat Kekere-Ekun, Chima Nweze and Amiru Sanusi, also consented to the judgment.
The judgment of the Supreme Court terminated an earlier order of the a panel of apex court presided over by now retired Justice John Fabiyi, which had on November 12, 2015, suspended proceedings in the trial of the Senate President.
The CCT is therefore expected to issue a hearing notice for the continuation of the Senate President’s trial.
In the 13 counts initiated by the Federal Government, Saraki was said to have made false assets declaration in his forms submitted to the Code of Conduct Bureau as a two-term governor of Kwara State between 2003 and 2011.
The Senate President, who was said to have submitted four assets declaration forms which were allegedly investigated by the CCB, was found to have “corruptly acquired many properties while in office as Governor of Kwara State but failed to declare some of them in the said forms earlier filled and submitted.”
He also allegedly made an anticipatory declaration of assets upon his assumption of office as governor, which he later acquired.
He is also accused of sending money abroad for the purchase of property in London and that he maintained an account outside Nigeria while serving as governor.
Saraki initially refused to appear before the tribunal prompting it to issue a bench warrant against him.
Saraki failed in his bid to get the Danladi Umar-led tribunal to quash the 13 counts, after he was arraigned on September 22, 2015. http://www.punchng.com/fg-asks-cct-to-give-date-for-sarakis-trial/ |
Politics › Re: EFCC Seizes N5bn Houses Of Amosu, Others - The Punch by fitzmayowa: 5:54am On Feb 11, 2016 |
obasiken: Yes yes yes Seize their properties.
But this anti corruption war is getting boring. All i want to see is infrastructural development and a better economy. That is the kind of news I want to hear. Catching thieves will do little or nothing to improve the living standard of the people. GBAM!!! @bolded |
Politics › Re: Buhari's Aide Blows N48billion In 5months by fitzmayowa: 5:51am On Feb 11, 2016 |
I will "pight kworuption" when corruption is under your nose, what an irony...SMH |
Politics › Re: Don’t Expect Much From APC — Lamido. by fitzmayowa: 11:59pm On Feb 10, 2016 |
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Politics › Re: Why Always EFCC And DSS In The News And Not Finance Team? by fitzmayowa: 8:58am On Feb 10, 2016 |
Kyase: You should be grateful he is fulfilling of his promises. Back then none was ever fulfilled, or maybe we bought SHOES for him. I should be grateful that PMB is fulfilling his promise  When he was elected to fix what he campaigned to fix  This is the reason why we are moving at this rate in this country... If I may ask which of the promise has he fulfilled  When the budget that's suppose to Carter for nigerians is riddled with corruption  Or when we don't have any economic direction  Or when people are losing their job on a per second basis  Or when we still don't have constant power supply  Or when there is joblessness everywhere  Or when the fight against corruption is at best media charade  I begin to wonder the promises he has fulfilled so far...SMH |
Politics › Re: Presidency Reacts To Brouhaha Over Telegraph Interview-pilot Newspaper by fitzmayowa: 8:43am On Feb 10, 2016 |
eagleeye2: I am tired of always "misunderstanding" the president. Mr Garba Shehu, when will Nigerians ever understand your Principal? I tire ooo |
Politics › Re: Why Always EFCC And DSS In The News And Not Finance Team? by fitzmayowa: 8:42am On Feb 10, 2016 |
Kyase: Baba is here to fight corruption, the next president after him(prime minister fashola) will not have tough like what baba is having now. I guess rebuilding our economy is not one of PMB's campaign, I guess the economy is not important, provided PMB "pight kworuption", sometimes I just wonder how some of my nigerian brothers reason...SMH |
Politics › Re: Fayose To Buhari: Withdraw 2016 Budget, It’s A National Embarrassment by fitzmayowa: 8:07pm On Feb 09, 2016*. Modified: 10:13pm On Feb 09, 2016 |
Bugatie: This man chop lion heart abeg Fayose is another fela even if he has his own shortcomings... “If under a President that says he is fighting corruption, the budget of the “If under a President that says he is fighting corruption, the budget of the country got missing and we are now being told that the budget being considered by the National Assembly has been forged, one cannot but be afraid that there is possibility of Nigeria being forged one day, after the original must have gone missing.” country got missing and we are now being told that the budget being considered by the National Assembly has been forged, one cannot but be afraid that there is possibility of Nigeria being forged one day, after the original must have gone missing.” The bolded is a knock out punch, fayose get bad mouth walahi...  |
Politics › Re: EFCC Witness Fails To Give Evidence That Metuh Ate Own Statement by fitzmayowa: 7:48pm On Feb 09, 2016*. Modified: 8:04pm On Feb 09, 2016 |
This will be interesting, if this piece of news is anything to go by then the EFCC case against metuh is porous and can be tagged as witch hunting...
This what you get when you have people who are more interested in media prosecution, than carrying out thorough investigation to nail alleged corrupt ion...
One thing I noticed though about this whole corruption fight by this administration is that they play more of the "guilty card" in the media than in the court of law, and to make matters worse some set of gullible nigerians believe the media charade without looking at the issue/facts critically....
Corruption should be fought, with facts and thorough investigation with water tight proofs and not using the media to pass a guilty verdict on the accused...SMH |
Politics › Re: 13 APC Governors Who Were Ex-PDP Members by fitzmayowa: 2:42pm On Feb 09, 2016*. Modified: 7:33pm On Feb 09, 2016 |
Vanquay: It is quite clear to even the blind that these men are Rebranded Thieves...APC is the African scam of the year  I don't even understand Nigerian political parties and their mandates...no set views on public affairs, just a coalition of dullards out to rape Nigeria dry  The same set of people, who accuse PDP of ruining the country just because they switched from the PDP, I wonder why nigerians are so blind that they keep hailing this set of criminals, parading themselves as saint... So much for the so called "CHANGE" |
Politics › Re: Your Anti-corruption War Is “totally Inconsistent”, Sanusi Tells Buhari by fitzmayowa: 5:51am On Feb 09, 2016 |
Source... |
Politics › Re: Budget Drama Continues As Health Minister Disowns Ministry's Budget Propasal by fitzmayowa: 5:32am On Feb 09, 2016 |
Pavarottii: In a saner country. People should av lost their jobs and jailed for manipulating such an important document like the budget.
Buhari is really a dullard. So such criminality can happen right under his nose and he is not even aware.
Let's watch and see, this administration will be one of the most corrupt administration after Abacha, IBB and OBJ.
Good riddance to APC!(All Past Criminals) I begin to wonder the kind of corruption we are fighting in this country, when the budget that's suppose to carter for nigerians is riddled with corruption all over, i wonder what the almighty EFCC and DSS are doing about this glaring case of corruption... In a sane country heads would have started rolling...SMH |
Politics › Re: Budget Drama Continues As Health Minister Disowns Ministry's Budget Propasal by fitzmayowa: 5:28am On Feb 09, 2016 |
Iroh88: Dust up your placards I say, or is that too much to ask of an Ipod youth?? Isn't that what you do best??  I guess na IPOD youth they chase you for dream, may the good Lord deliver you from you paranoia...AMEN |
Politics › Re: Is Buhari And Apc Govt Serious About Employment Creation by fitzmayowa: 5:19am On Feb 09, 2016 |
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Politics › Re: Budget Drama Continues As Health Minister Disowns Ministry's Budget Propasal by fitzmayowa: 5:15am On Feb 09, 2016 |
gunuvi: Kikikikikiki. Clowns If you want to have a good laugh just ensure you read the news, APC will always make you laugh with their set of costly "jokes"...SMH |
Politics › Re: Budget Drama Continues As Health Minister Disowns Ministry's Budget Propasal by fitzmayowa: 5:12am On Feb 09, 2016 |
Iroh88: Hey, ipod youth, some of the Goats the Ineffectual Buffoon left behind, AKA the Budget Mafia, are back to their grind but let me assure yall Wailing IPADs, they will definitely be found and out and ruthlessly dealt with.
Ready your placards because you'd need them for another round of street exercise- some of your Role Models and recalcitrant Goats are about to be served very humble pies.  When will they be found out  When they have successfully embarrassed the government, showing how careless they are with the so called "budget of change", and here you are yapping about some IPAD/IPOD/IPOB youth... Oga don't let your sycophancy blind you to the truth...SMH |
Politics › Re: Budget Drama Continues As Health Minister Disowns Ministry's Budget Propasal by fitzmayowa: 5:06am On Feb 09, 2016 |
Pavarottii: In a saner country. People should av lost their jobs and jailed for manipulating such an important document like the budget.
Buhari is really a dullard. So such criminality can happen right under his nose and he is not even aware.
Let's watch and see, this administration will be one of the most corrupt administration after Abacha, IBB and OBJ.
Good riddance to APC!(All Past Criminals) I hope our beloved APC e warrior won't come for your head for this bitter truth...SMH |
Politics › Re: Governor Ortom Unable To Pay Salaries After Borrowing N60 Billion In 7 Months by fitzmayowa: 5:49am On Jan 26, 2016 |
And the list of salary owing state continues...I wonder when this new trend will end...SMH |