₦airaland Forum

Izontubo:
and how many persons are working for the government to benefit from the recurrent expenditure...what about the private sector....the economy is collapsing and as w e know stolen funds cant salvage it...we need to create wealth...let the president espouse true federalism and diversify our yeye economy...that should be the priority now... ...

What about those that supply goods and services to the public sector, aren't they private sector?

Yes we need to create wealth but safeguarding the jobs of those in public sector is the number one priority of any sensible government

The government is the biggest employer of labour end off!

Izontubo:
stolen funds if at all recovered can only maybe furnish recurrent expenditures and then what next...where would jobs come from,...where would industrialization come fromwhere would true federalism come from....nonsense...

Isn't part of recurrent expenditures wages and salaries?
Government's ability to pay salaries automatically provides downward trickle effects to other sectors of the economy.

If you can keep your job then you will be able to keep the farmer producing, telecommunications company in business, transporters smiling and of course taxes back to the federal govt

Your boss is actually very daft simply because he/she ridiculously forgot the key components of leadership.

Buhari has assembled and subsequently delegated the responsibilities of moving the country forward to his disciples (FEC)

Nigeria being broke means we have to generate income via other legal means.

Absolutely nothing wrong in asset recovery from past looters

Absolutely nothing wrong from sending a strong signal that it's not going to be business as usual

Everything is wrong with the myopic reasoning of letting by gone be by gone without doing a proper root cause analysis and in turn enacting strong institutions to fight the cancer called corruption

Aurelius1:
r231, jaybee and the TeHN team you got mail.

Mail received

We will get back to you ASAP

Regards

stonecoldcafe:
Is the charity planning anything this year like orphanage visit and co?

We aren't planning anythin Sir/Ma BUT we would be more than happy to organise something if we get enough financial support

Regards

TeHN

amusadele:
You are as foolish as Buhari himself. Are you people related or are both of Islam members? If you and Buhari are not
insane, why would the dumpest and half inch rod neck president be attacking the people of the south south only.

You are such a fuktard

What da Bleep is "dumpest" anyway?

Now let me educate you this retarded monkey

Some of the money embezzled was sourced from the excess crude account that could have helped recruit good quality teachers which in turn would have translated to hopefully a better education for you slowpoke

People from your region should be the most aggreived since you are being bleeped from all angles. Money meant to develop your region gets embezzled, your leaders employ you guys to kill yourselves so they can stay in power and to now add insult to already battered injury, the looted funds that your region largely contributed to was being shared without any disrimination along ethnic or religious lines

Just take a noose and end your worthless life already

amusadele:
Biggest danger looming in this cointry. From records, this is the highest bail demand by any trial Justice in money laundering, a clear case of the north and Buhari against the south south. Am waithing any Nigerian who have come across this kind of bail request.

Are you fucking insane?

Where on earth did you unearth the conspiracy theory from? Oh lemme guess, from your retarded Anus

It's pretty clear they are trying to send a message of Stealing is now corruption and ain't no one too big for the strong arms of the law

Don't you need a break from NL considering your bereavement?

You can't expect your expectations to be met if the other person view them as unrealistic.

They had better not dance to the gallery and confirm suspicion of the corruption fight being selective.

They should invite, interrogate and charge all those connected with gross negligence of duty and of course abuse of power.

what nonsense!

biafranrealson:
some people here are daft. Bode Goerge said that YUGUDA personally gave Tp and hotel and meals allowance to the elders. Meaning money did not pass through him,

You obviously have comprehension problem dumbo

"All of them are very much alive to testify to my assertions. Sometime in the middle of these deliberations, [size=14pt]^{Yuguda came to me} [/size] and said the party was reimbursing the 18 elders of the committee for their transportation, accommodation and feeding allowance for the work that was done."

What part of that don't you understand?

Yuguda gave him money for the committee as alluded by him

He indirectly confirmed collecting the money for onward distribution

zoeee:
How does this affect us

If they can demand accountability for a sum as little as that then isn't it shameful and alarming that our skewed, dented, bastardized values still allows us to celebrate the so called leaders that have ruined the economy and stopped it from growing thus far?

Reference:
My views on the GEJ led government remain unchanged. In my opinion it remains the best government so far. The indices are not apparent until put into cöntext. What we are seeing here is about financial probity. About monetary issues which constitute just a fraction of governance. I know it means so much to Nigerians but that is where we miss it. The much vaunted anti-corruption war even if won (which is impossible) will not impact on the economy or raise the standards of living like we think.

Practically speaking. Not a penny is being stolen right? How come we are getting worse. If a trauma patient is patched up he gets better by the day not worse. Money, the gain of it or the loss of it is not the one and only, front and centre challenge facing Nigeria and it is on this basis I judge.

GEJ obviously has a few character flaws but which president hasn't and if he wanted to leverage on anti-corruption there were enough bad governments before him to exploit.

Just shut it already with the ridiculous attempt to paint the outrageous scandal lightly

They purposely postponed the election and asked for emergency money which now know was embezzled in their desperate attempt to hold on to power and in turn cover all other atrocities committed during their term.

He committed crimes against the Nigerian state by going beyond the constitution and allowing his outright greed and thirst for powers disintegrate a major part of the country and not forgetting the countless of lives lost in that process

The after effect of their financial recklessness is now being painfully felt by the long suffering Nigerians who by all means deserve better

Thanks for implicating yourself Sir!

How come you didn't question the source and legitimacy of the funds despite knowing fully well that it must have been illegal simply because a public servant and not your party agent delivered the confirmed funds

You are a rogue Sir and you deserve to be caged for the remainder of your life!

Na real wa biko

Unfortunately, it's going to be very difficult to jail GEJ

stjudas:
They post a source of a news and we are too lazy to just click. I mean just click. Click the link and you see the topic reads: "Why Buhari Must Order The Immediate Arrest Of Okonjo-Iweala And CBN Governor, Godwin Emefiele By Ilesanmi Omabomi."

Your education is questionable if you had to click on the article before being able to decipher that the article was penned solely to advise PMB.

Geez, their was a comma immediately after Buhari's name on the title. I guess you forgot the use of commas

Elxandre:
He actually has a point.
Forget the publicity this the current anti corruption campaign is being given, all Nigerian governments have been very corrupt.
This current campaign may actually be selective, but it's welcome by me nevertheless.

He stopped having a point when he started spamming each and every corruption thread with that picture

anonimi:
How much was Amaechi et al giving Buhari daily for his presidential campaign.
Abi that does not matter in Buhari's selective anti-CORRUPTION fight

Are you fucking insane? Must you post this gibberish on every thread to make a non existing point?

zikmarty:
you should go back to your miserable life or better still go enroll in some daycare and return when you've got some education.

it's such a pity your parents never gave you a good home training, maybe you never had a home.

You are still a student sef.. My bad, sorry I don't have the time to forcefully hammer knowledge into your thick skull.

Stop commenting on things that are way beyond your league and stick to writing poetic gibberish in your diary

zikmarty:
it is an open secret that the pdp led govt was really clouded with the best of corruption not excluding the Gej administration which had a little dose of conscience but I'll disagree with your point of view saying that we shouldn't crucify the Gmb led government for its failures in recent months just because the previous administrations were failures too.

Apc has recorded too much of failures in such a short time which could almost equal what pdp did in 16yrs.
if we were speaking in terms of successes, we would've been on a different page.
I'm trying to imagine how much would be left of our beloved Nigeria if Apc continued in this pace of failure for an equal of pdp's 16yrs.



Gmb had better start learning some magic tricks

Ohhhhh just shut your trap

Where do you expect them to source the money used in defending the Naira from If our major export is now somewhat worthless because of over supply with sharp reduction in prices

Propose a policy alternative for the govt or just shut up for good

Eeejiot!

omonnakoda:
Nigeria fought a war for 3 years .How did we buy arms in those days? How come there were no secret accounts? How come our economy remained strong after the war?

How come we had mutiny in the army

Oil prices was at the highest during that period and we are clearly suffering from their lack of foresight

The countary has an annual budget allocated to the military which obviously includes procurement of arms. Anyone with a brain would know the country had arms albeit outdated and in acute shortage as a direct result of the ongoing war

They obviously looted majority of the revenue, relooted majority of recovered looted funds, looted borrowed funds that was meant to be used for emergency arms procurement

DMerciful:
Think man ...Thinkk! if all this money was truly missing and Nigeria progressed, why are we not progressing now under PMB with no money missing? Dont be gullible! its a distraction from the nepalessness and petrolessness befalling the nation!

Obviously you have a brain of a toad and I won't be surprised if you are one of those wallowing in eternal poverty!

Nigeria is currently unable to sell majority of her crude exports

Nigeria like every other oil producing nation reliant on oil income to fund majority of their budget is also suffering the sharp effect of dwindling oil prices

Nigeria being unable to pay salaries as well as funding meaningful projects post handover suggests the treasury was seriously depleted before handover (we are now getting daily dose of evidence to substantiate the claim made by PMB)

Nigeria is broke and you should be clamouring for death penalty for those that participated in depletion of the nation's resources not asking retarded questions

Donald3d:
i want to apologize to everyone especially my baby light,ayolight and the entire nairaland family,i was to design a banner for light i have not done that,i have not being commenting,but i have being reading and praying for my baby.i av been writing exams i am an EE(ELECT ENGINEERING)student(wantd to keep dis private-i love a low profile,but i had to let u guys knw d reason 4 my absence),i have also being working on my project,hence my absence.Light so u are getting pink abi,awesome !!!,i am going to wash my cheeks with hypo,i am expecting a peck from ur pink lips,i will be fully active here from monday.Light i'm seeing u soon.i miss u.#ForMyBae

What's your project on bro?

His explanation makes no damn sense!

He needs to answer the simple question on why the money supposedly authorized by GEJ for fighting boko haram managed to transform into a compensatory payment without the Govt announcing it nor budgeted for it?

What a rogue!

Acidosis:
Exactly but I'm beginning to think many Nigerians are somewhat dumb.

I read the entire thread and vastly every comment is filled with lamentations. No one is asking any question as to what and how the money was spent.

Because the headline reads $47m, some people just felt the money was eaten in a raw state by Jonathan.

We actually have more s!lly people on this forum.

You are the dumb one Sir!
Since when did our national currency changed to the dollar?

What ever happened to transferring money directly to the account of the ONSA? (They obviously tried to circumvent the obvious electronic trail it would have left)

Why didn't CBN list the alleged funds in their yearly report? (They obviously hid it under the intervention heading and foolishly projected PDP was going to be returned unopposed)

Why don't you tell us how they are supposed to provide accountability on transactions restricted to cash exchanges?

Why did SA seize the 15 million dollars, wasn't it because it was an illegal transaction?

Can you now see how dumb and foolish you truly are

biafranqueen:
When you add in Boko Harem that GEJ contended with, which cost the most. Please we are looking for the answer. So are you saying GEJ? Keep in mind Buhari had more money today than OBJ had in 1999.

Take a good look at the pictures attached to this post.

OBJ statistically would have sold most oil simply because he had the longest tenure BUT the average prices for large chunk of that tenure couldn't have been more than $30 or there about.

Production was fairly consistent with average price for GEJ's comparable period north of $80

The average oil price during GEJ's tenure was considerably higher than that of OBJ despite OBJ having spent more months at the helm.

Nigeria also had a lower aggregated crude output if you were to combine OBJ and Yaradua's tenure together since they had to contend with ND militancy

The office of the NSA distributing money for prayers

Choi!

chukwudi44:
Who earnmarked the abacha loot for "certain things"

That was the agreed non negotiable condition for the repatriation

omonnakoda:
Actually it is criminal we have a 2000 corrupt practices Act in Nigeria

A cursory reading of sections 16,22(4) & (5) suggest this woman needs to be prosecuted and probably jailed

I know bruv

oyb:
How did noi plan on lending money to an agency that does not generate income?

Let me guess... They would need to go back to NASS for authorization to retrieve it from subsequent budget or how else do would they have to retrospectively approve money that was supposedly spent without any control or oversight?

NOI simply turned blind eye and she would have been sacked for gross misconduct in the corporate world