₦airaland Forum

its funny when ganduje says abandoned by PDP,the so called PDP has had only one person in Kano state since 1999 which was Rabiu Musa Kwankwaso 1999 to 2003,he came back in 2011- 2014 and Ganduje was his deputy.So Ganduje cover your face in shame

fulani and soldiers killing agatu people.where is david mark,audu ogbeh,daniel onjeh,chris abutu,lawrence onoja

a wise man,why wont he be rich,he sees opportunity in everything,now the ban on rice importation he invested in rice production and mill,

When you invite the sultan and other muslim leaders to celebrate your one year in office what do you expect,and mind you it started like this in borno,stop it before it becomes strong

nigeria leaders are cursed,if not why is it that it is when the are no longer in office that they seem to know and have solution to the problem nigeria is facing

sorry for your loss lere,may mama rest in peace ,but please stop wishing other people parent dead

when it gets to you,you feel the heat others feel,i can feel your pains but i remember how the likes of you cheered him on while he mudered the people you called kafir and arne.accept it in good faith.may allah grant him aljanah firdaus.amin

These shows Buhari is not a selfish leader and have confidence in the vice ability unlike some governors and ex president

Presidential aide on National Assembly matters, Senate, Ita Enang, has said he is not aware of a fresh letter from his principal asking the Senate to reconsider and confirm Ibrahim Magu as the Chairman of the Economic and Financial Crimes Commission.
Mr. Enang made the disclosure to the News Agency of Nigeria on Monday, reacting to reports President Muhammadu Buhari had re-nominated Mr. Magu after he was rejected in December last year.
“You are about the third person calling me on this matter.
“I am not aware of that discussion and I don’t want to speak on the matter because I don’t have details,’’ said Mr. Enang, quoted by NAN.
PREMIUM TIMES reported, earlier on Monday, Mr. Magu’s re-nomination, following advice the President received from the Vice-president and the Itse Sagay-led presidential advisory council on anti-corruption campaign.
Presidency sources spoke with PREMIUM TIMES on the re-nomination.
Our sources said the letter for the re-nomination was signed off by Mr. Buhari before travelling to the United Kingdom last week for transfer to the Senate through the Office of the Chief of Staff, Abba Kyari.
We however could not confirm if the letter had been delivered to the Senate.

The responsibility of delivering the presidency’s letter to the Senate, after leaving Mr. Kyari’s office, lies with Mr. Enang who now told NAN he was not aware of the letter.
The spokesperson for the acting President, Mr. Osinbajo, did not comment on the development. He said his principal just assumed responsibility last Friday whereas reports, quoting presidency sources, said the re-nomination had been perfected before the president left the country on Thursday.

excuses dont make a good leader and he was voted in to push it further into recession

PROTEST on Monday rocked Lokoja, the Kogi State capital following the release of the results of the screening exercise embarked upon by the state government for its workers.

Just as the workers of the Lokoja local government area that were screened out expressed anger and protested the outcome, palpable fear and anxiety enveloped the other 20 local government areas as they awaited the pasting of the list of the cleared workers.
This is coming just as the workers of the state owned higher institutions adhered to the directive by the Joint Action Committee (JAC) to commence a five-day warning strike over the non payment of salary to some of its members.
Trouble started at the Lokoja local government area secretariat in the morning when some staff members that resumed for duty discovered that the list of those that were successful and unsuccessful at the screening had been pasted on the wall of one of the offices.
According to the workers, over 300 of them had been screened out and referred to as ghost workers by the state government.
The development drew the attention of many of the affected workers to the secretariat following, which they started protesting and chanting various anti government songs.
The workers locked up the secretariat premises and made bonfire on the IBB way that passed through the front of the council, making human and vehicular movement impossible in the area.
Many travellers were caught in the web of the protest since the road is a major one being plied by people going to the eastern part from the northern part of the country.
Many petrol tankers that could not make a detour or take another routes as other smaller vehicles had to wait for several hours because of the fire from the bonfire located at strategic places in the area.
However, the presence of the combined team of the men of the regular police, the Special Anti Robbery Squad (SARS), the Department of State Security (DSS) and the Nigerian Security and Civil Defence Corps (NSCDC) did not allow the protest to go violent.
Scores of their stern looking men and many vehicles were stationed around the venue of the protest to ensure security of lives and properties.
Despite the heavy security presence, the protesters still continued to vent their anger, with some of them claiming to have worked for over 20 years and still being declared ghost workers.
One of the protesters claimed that his name appeared on the first list released after the screening, but was surprised to find out that his name has been removed from and not on either of the lists.
Also, many of the local government workers were said to have besieged their respective council secretariats to ascertain their names on the list with tension filling some of the councils as the lists were still being kept secret.
The local government headquarters in Okene, Kabba, Ajaokuta, Isanlu, Koton-Karfi, among others were flooded by workers who wanted to know their fate following the staff screening ordered by Governor Yahaya Bello about nine months ago.
In the same vein, the academic and non academic activities were paralysed in the state owned higher institutions following the warning strike declared by the unions of the schools over the outcome of the screening exercise.

Protest rocks Lokoja over screening results - Tribune
PROTEST on Monday rocked Lokoja, the Kogi State capital following the release of the results of the screening exercise embarked upon by the state government for its workers. Just as the workers of the Lokoja [...]
TRIBUNEONLINENG.COM

CMD,PROVOST,‎RECTOR,PROFESSORS,LECTURERS. SENIOR CIVIL SERVANTS DECLARED "GHOST" IN KOGI. USMAN OKAI AUSTIN
Chief medical directors of kogi state university teaching hospital anyigba,state specialist ‎hospital lokoja,colleges of education kabba and ankpa provosts,Rectors of school of nursing obangede and health technology Idah,along with several professors in the state university,senior lecturers spread across tertiary institutions in the state have been declared "ghost"workers by the state government on the final report of staff verification and screening exercise
It was also confirmed in the controversial report that senior civil servants in the state ministries,parastatals and agencies in the rank of directors,assistant directors and permanent secretaries have also joined the group of "ghost"staff included in the report
A breakdown of the cabinet statement released showed that no single offices was left out in the exerciise with many of their staffers joining the new acronym of reducing the state workforce as "ghost"
Local government areas are worst hit as copies of the report were been concealed to avoid anti government demonstration from the workers in all the councils
Reliable sources confirmed all is not well with the local government councils as more than 50% of the workforce are now"ghost"in their various places of work and advised to guide against government rash
Another source revealed that the purpoted uncleared/complained list is just a ploy to ‎buy time as workers in the same category as"ghost" have not taken salary for about 11months
Uneasy calm pervades the entire state as protest and preparation to embark on a total showdown to force the unrepentant government of yahaya bello to reverse it's decision
Activities of workers union and bodies have been crippled in the last one year including the formidable NLC as most of the leaders are not left out of the "ghost" syndrome as the state NLC chairman was also involved
The grand plan of the present administration is to force the workforce down by declaring bonafide workers "ghost"to pave way for people from his extraction whose classification is of the minority to bridge the gap of other section of the state,the pilot scheme was consumated at the recent employement at state board of internal were the governor gave approval for 200 workers yet employed 400 workers wholly from the central senatorial zone

About Us
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.
The benefits of high quality Financial Reporting are numerous; amongst which are:
• promoting private sector growth and reducing volatility in the economy by strengthening the country’s financial reporting architecture and reducing the risk of financial market crises together with the associated negative economic impact
• enhancement of local and foreign Direct and portfolio Investment as investors are better able to evaluate corporate prospects and make informed decisions resulting in access to capital at lower costs.
• facilitating the growth of small scale enterprises as their compliance with transparent reporting will provide easier access to credit
• facilitating integration into global financial and capital markets
• improvement of public sector fiscal discipline and enhancement of value for money; and
• generation of employment opportunities.
Operations
High quality financial reporting is a building block of a market-based monitoring of companies, external auditors and other professionals whose work bear upon financial reporting integrity and corporate governance of entities; no matter how remote. This will allow shareholders and the public at large to confidently and objectively assess management performance, thus influencing their behaviour and decisions. High quality financial reporting will also contribute to national public finance by improving the assessment and collection of taxes on corporate profits.
The operating arms of the FRC are:
• Directorate of Accounting Standards – Private Sector
• Directorate of Accounting Standards – Public Sector
• Directorate of Auditing Practice Standards
• Directorate of Actuarial Standards
• Directorate of Valuation Standards
• Directorate of Inspection and Monitoring
• Directorate of Corporate Governance


FRC releases National Code of Corporate Governance
In accordance with Section 50 of the Financial Reporting Council of Nigeria Act, 2011, which among other things requires the Directorate of Corporate Governance to develop the principles and practices of Corporate Governance applicable in Nigeria, the Council hereby releases the National Code of Corporate Governance effective 17th October 2016. Details are as hereunder:
1. The Code of Corporate Governance for the Private Sector is mandatory.
2. The Code of Governance for Not-for-Profit entities is “Comply or Justify non-compliance”
• The Code of Governance for the Public Sector will not be applicable immediately until an executive directive is secured from the Federal Government of Nigeria. This is due to the fact that the enabling laws that set up most government establishments already carry some form of governance structure that will require an umbrella legislation to unify the different provisions of those laws to synchronise with this Code.

FRC releases National Code of Corporate Governance

In accordance with Section 50 of the Financial Reporting Council of Nigeria Act, 2011, which among other things requires the Directorate of Corporate Governance to develop the principles and practices of Corporate Governance applicable in Nigeria, the Council hereby releases the National Code of Corporate Governance effective 17th October 2016. Details are as hereunder:

The Code of Corporate Governance for the Private Sector is mandatory.
The Code of Governance for Not-for-Profit entities is “Comply or Justify non-compliance”

The Code of Governance for the Public Sector will not be applicable immediately until an executive directive is secured from the Federal Government of Nigeria. This is due to the fact that the enabling laws that set up most government establishments already carry some form of governance structure that will require an umbrella legislation to unify the different provisions of those laws to synchronise with this Code.

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.

The benefits of high quality Financial Reporting are numerous; amongst which are:

promoting private sector growth and reducing volatility in the economy by strengthening the country’s financial reporting architecture and reducing the risk of financial market crises together with the associated negative economic impact
enhancement of local and foreign Direct and portfolio Investment as investors are better able to evaluate corporate prospects and make informed decisions resulting in access to capital at lower costs.
facilitating the growth of small scale enterprises as their compliance with transparent reporting will provide easier access to credit
facilitating integration into global financial and capital markets
improvement of public sector fiscal discipline and enhancement of value for money; and
generation of employment opportunities.

Operations

High quality financial reporting is a building block of a market-based monitoring of companies, external auditors and other professionals whose work bear upon financial reporting integrity and corporate governance of entities; no matter how remote. This will allow shareholders and the public at large to confidently and objectively assess management performance, thus influencing their behaviour and decisions. High quality financial reporting will also contribute to national public finance by improving the assessment and collection of taxes on corporate profits.

The operating arms of the FRC are:

Directorate of Accounting Standards – Private Sector
Directorate of Accounting Standards – Public Sector
Directorate of Auditing Practice Standards
Directorate of Actuarial Standards
Directorate of Valuation Standards
Directorate of Inspection and Monitoring
Directorate of Corporate Governance

oga olopa,if you dont like the posting resign and leave the job afte rall when you are paid your salary you dont tell us,when you are promoted you dont tell us,when you get posted to juicy place we do not hear,when you are settled by criminals we dont hear, so, why do you disturb us with your transfer.Resign if you dont want to resume your duty post

so you expect to be paid for a job you have not done,i can see your lazy mentality

Anxiety grips 33 governors over N552.74bn refund
Posted By: Yusuf Alli, Managing Editor, Northern Operationon nation news: December 24, 2016

Some of the 33 governors whose states benefitted from the recent refund of N553 billion excess deductions are desperate to keep details of the financial transactions from the public.

They do not want their civil servants in particular to have the details so that the workers will not be able to blackmail them as they did in respect of the bailouts.

President Muhammadu Buhari had approved the release of N522.74 billion to states as refunds pending reconciliation of records.

In directing Finance Minister Kemi Adeosun to release the money to the states, Buhari said workers’ welfare, particularly salaries and pensions, must be prioritized.

Some states were accused of diverting the N300billion bailout first given to them last year and abusing the loan restructure worked out for them by the Debt Management Office (DMO).

Many states are still owning their workers for several months and there are fears that some of the governors are less interested in using the refunds to meet their financial obligations to the workers.

Informed sources said in Abuja yesterday that the Presidency is likely to show more than a passing interest in how the states deploy the refunds and may even monitor the use of the cash.

It was also learnt that the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) are also going to keep tabs on the utilization of the bailout funds by governors.

The refund sheets had been obtained by the anti-graft agencies as at press time.

The Nation gathered that the governors prevailed on Adeosun not to make details of what they got public to avoid fresh confrontation with workers.

The breakdown per state remains a secret at the Ministry of Finance in line with the agreement with the governors.

Following protest by states against over deductions for external debt service between 1995 and 2002, 33 states were listed as beneficiaries with each of them entitled to a cap of N14.5 billion being 25% of the amounts claimed.



Minister Adeosun said the payment of the claims will enable the states offset outstanding salaries and pensions which have been “causing considerable hardship.”

The presidency asked the states to devote a minimum of 50% of any amount disbursed to address the challenges associated with salaries and pensions.

Investigation by our correspondent revealed that presidency had asked the 33 states to use 50 per cent of the bailout funds for “challenges associated with salaries and pensions.”

Security reports have however indicated that some of the governors have refused to disclose the amount actually given to their states.

Findings confirmed that some of the governors have devoted only 10 to 25 per cent of the bailout to payment of backlog of salaries

A reliable source in government said: “The presidency has received reports that some state governors were not forthcoming on the actual refunds paid to them. In fact, the row over the figures has caused tension.

“Some state governors have openly come out to declare that only a fraction of the bailout funds will be used for salaries and pensions. There is a state which purportedly received about N5billion, but it only earmarked N1.5billion, leaving outstanding wages unaddressed.

“The President will be personally upset if these bailout funds are diverted or converted to other use by the governors. The presidency is already monitoring development in all the states.

“If the bailout funds are not judiciously used, the presidency may not be disposed to such interventions in future.”

It was difficult at press time to get the exact figures of what was released to each of the 33 states.

A finance ministry official said: “The governors reached an agreement with the Minister of Finance, Mrs. Kemi Adeosun, not to release the breakdown in order not to cause tension in the affected states. They said they might incur the wrath of workers if there is full disclosure.

“At the governors’ forum, all members were directed to keep the figures under wraps because of the likely consequences in each state. This is why some governors have under-declared what they were allocated.”

Attempts by our correspondent to get the breakdown from the Federal Ministry of Finance have failed as all relevant desks claimed that “there is instruction from above not to release the fact-sheet.”

One of the desk officers said: “There are even threats to deal with whoever releases the breakdown.”

Meanwhile, it was also learnt that the EFCC and ICPC have been mandated to keep tabs on the utilization of these funds.

“The anti-graft agencies already have the fact-sheet on the allocations to each state and they are keeping tabs on all these governors. In the last exercise in April, ICPC had discovered that about 16 states were yet to disburse about N57, 663, 185, 735 allocated to them out of N713.7billion intervention funds to states.

“The first bailout was part of a three-pronged relief package that will end the workers’ plight. While N413.7billion represents special intervention funds, the balance of about N250billion to N300billion is a soft loan to states.

“Altogether, we are talking of about N1, 266.44trillion in nine months given to governors as bailout funds. This is why the EFCC and ICPC will take more than a passing interest.”

James Ibori: How A Thief Almost Became Nigeria’s President, By BBC’s Andrew Walker
December 23, 2016 118


The story of how James Ibori went from convicted thief in London in the 1990s, to become governor of a wealthy oil-producing Nigerian state and then to a British prison is a remarkable one.



It is the story of a wily political operator, backing the right political horses and shifting allegiances when expedient.

Given slightly different circumstances, according to one observer, it could have seen Ibori in the presidential villa rather than a British jail cell.

Ibori’s defence in the face of allegations had always been that he had a successful business career and had made money independent of government.
But in 1991, he was working in a hardware store in the London suburb of Neasden.

Some of Ibori’s assets were in the name of his wife, sister and mistress
The prosecution in this trial told a judge he was earning around £15,000 ($24,000) a year.
He was caught by his employer allowing his wife to walk through the till he was manning without paying for goods.

They both pleaded guilty at Isleworth Crown Court and were fined.
In 1992, he was convicted for possession of a stolen credit card, which had £1,000 spent on it, and was again fined in a UK court.

‘Murky business’
Ibori then returned to Nigeria intending to become a political operator. The country was about to be tipped into a tumultuous period.

Military leader Ibrahim Babangida had scheduled elections to return Nigeria to democracy in June 1993.

James Ibori: The story so far

1958: Born in Delta state, UK police believe, saying he previously lied about his age
1980s: Moved to UK
1991: Convicted of stealing from DIY shop Wickes
1992: Convicted of credit card fraud
1993-4: Allies himself to Nigeria’s then military ruler Sani Abacha
1999: Elected Delta state governor
2007: Stepped down as governor
2007: UK assets worth $35m frozen
December 2007: Arrested in Nigeria on corruption charges
2009: Nigeria court dismisses charges
April 2010: Ibori’s supporters attack police as they try to arrest him
May 2010: Arrested in Dubai
2011: Extradited to UK
2012: Pleads guilty to money-laundering in London court

Ibori worked for the governorship campaign of a friend.

The experience gave him good connections with the parties that would eventually merge to form the People’s Democratic Party, currently ruling Nigeria.

The 1993 elections were cancelled by Mr Babangida. Later that year, Gen Sani Abacha staged a coup, cementing the military’s grip on power for another five years.

According to Antony Goldman, who worked as a journalist in Nigeria for many years and has followed Ibori’s career closely, this is when Ibori made his first shift of political master, offering his services to Abacha.

“He had an unspecified role in security,” Mr Goldman said. “That could be anything, it was a very murky business.”

Abacha was accused of murdering political opponents and ruthlessly crushing dissent and pro-democracy movements.

In the mid-1990s, Ibori was questioned by the Federal Bureau of Investigations (FBI) in the US about how he came into the possession of millions of dollars that he transferred to accounts in the US.

The FBI suspected the money came from advance fee fraud, the infamous Nigerian 419 scam, but he was able to prove the money came from his work with Abacha, Mr Goldman said.

Abacha died in 1998 and Ibori switched horses again, attaching himself to influential northern politician Atiku Abubakar, who went on to become vice-president.
Medically impossible

In 1999, Ibori took out a mortgage on a property in Abbey Road, London.

To do that, he got a new passport with a false birth date to mask his previous convictions.

James Ibori has now been convicted three times in the UK
The birth date he chose was in fact medically impossible as it was only a month after his sister’s birthday, the prosecution told the court.

Ibori was installed as the governor of the oil-rich Delta State in the 1999 elections.
In order to take office in Nigeria, he had to swear an affidavit that he had no convictions. To do this, he used the same birth date he had made up to acquire his mortgage.

It was this evidence that would, in a London court 14 years later, spell the end for Ibori.
Soon after he became governor, Ibori paid off the Abbey Road mortgage in cash.

He went on to buy three other properties in the UK. He paid £2.2 million in cash for a house in the plush London suburb of Hampstead.

‘Bankrolled election’
In 2005 the Metropolitan Police began to take an interest in Ibori after they came across a purchase order for a private jet, made through his solicitor in London.

It was just after this that Ibori shifted horses again, switching his allegiance from Mr Abubakar to the then President Olusegun Obasanjo.

Then Mr Ibori would have met Queen Elizabeth at the state house, instead of serving at her pleasure

In 2006, President Obasanjo recruited Ibori to help him force through a change in the constitution to allow him to run for a third term as president.
When that plan failed, Ibori promised his allegiance to Mr Obasanjo’s anointed successor, Umaru Yar’Adua.
At the ruling party’s pre-election convention in 2006, Ibori was on hand to lift up the northern governor’s hands in a display of victory – hours before delegates from the People’s Democratic Party (PDP) voted to select him as their candidate.

Ibori is then accused of bankrolling the 2007 Yar’Adua election campaign, although this has been denied.

Mr Goldman says he understands Ibori was promised the vice-president’s job, in return for his support.

But Mr Yar’Adua, who had been ill for many years, died in office.
His Vice-President Goodluck Jonathan succeeded him and remains Nigeria’s president.

Despite being a fellow former governor of a neighbouring oil state, Ibori and Mr Jonathan were by now political enemies.

In 2010, President Jonathan set the country’s anti-corruption police, the Economic and Financial Crimes commission on him, but their officers were ambushed when they came to arrest him.

Ibori left Nigeria shortly afterwards.
He went to Dubai, whose government arrested him and transferred him to the UK to face trial.
Mr Goldman says had Yar’Adua lived, and made Ibori his vice-president, he would have had a clear run to become president.

“Then Mr Ibori would have met Queen Elizabeth at the state house, instead of serving at her pleasure,” Mr Goldman said.

This article was originally published by BBC in 28 February 2012.

AEDC IS A BIG LIER I PAID FOR MY METER

honourable jibril is a whistle blower which the fg could not protect,dont trust buhari

she has my support

But if PMB is the problem the minister are having do you think he will sack them

ECOWAS SHOULD MAKE GOODLUCK JONATHAN OF NIGERIA AND THE PRESIDENT OF GHANA THE MEDIATORS CAUSE BOTH ARE SITTING PRESIDENT THAT LOST ELECTION AND WILLINGLY LEFT OFFICE AND CONCEDED DEFEAT. PMB SHOULD NOT BE THE ONE FOR THE JOB.

Why Magu alone,what of Babachir David Lawal the SGF,also the Abba Kyari the Chief of Staff also Gen Buratai Chief of army staff

he is a saint compared to yahaya bello AKA yeye bello the pharaoh of kogi state

nothing he says will shake nigeria

I think GEJ should be the man for this job