Jazzydee's Posts
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Tinubu is the right man for the job.Buhari wiseup and pick the asiwaju as your running mate. none of the contenders have the political clout that asiwaju has. they are all light weight when compared to asiwaju. |
Lagos is the most indebted state in Nigeria. FACT! |
^^^^ the above is what happens when there is a corrupt boss! |
[size=16pt]EXCLUSIVE: Audit exposes massive corruption in Lagos local councils; indicts officials for squandering millions [/size] A government audit of 57 local councils in Lagos State has indicted eight, accusing their officials of squandering at least N224 million of public funds on a range of questionable expenditure and unimplemented contracts. The 2012 audit report covers the state’s Local Government Areas, LGAs, created and recognised by the Nigerian government, as well as Local Development Council Administration, LCDAs, created by the Lagos State government, but not recognised by the federal government. Those accused of wasting public funds are Agbado Oke-odo, Surulere, Coker-Aguda, Egbe-Idumu, Eredo, Iba, Ikosi-Isheri, and Lagos Island East. The audit assessment, seen by PREMIUM TIMES, accused officials of the affected local authorities of “financial recklessness”, and blamed them for wasteful spending. The report also criticised another set of eight local government areas of piling up debts and failing to meet targeted revenue projections. The LCDAs in this category are Eti-Osa East, Ikoyi-Obalende, Iru-Victoria Island, Yaba, and Agabo-Oke LCDAs. The LGAs are Eti-Osa, Lagos Mainland, Somolu. Together, the eight councils accounted for N788.3 million in debt, and fell short of the projected N831.5 million self-generated revenue, the report states. The respective debt profiles of each council were listed as Eti-Osa East N23.7m; Eti-Osa N52m; Ikoyi-Obalende N220.3m, and Iru Victoria Island N50m. Others are Lagos Mainland N163.8m; Yaba N51.2m; Somolu N147.5m and Agbado Oke-Odo N79.6m. Unaccounted funds The report highlights a series of disturbing spending and practices which the auditors said cost the 16 councils an “unquantifiable financial shortfalls that could have been used for development projects at the grassroots”. In Agbado Oke-Odo for instance, officials paid out N11.5m as personal advance for staff of the council since 2010 but failed to deduct the payments from salaries of the beneficiaries. Also, the council failed to remit statutory deductions from contracts awarded to the tune of N40.9m. In Surulere, auditors found that N17.5 m, as against the agreed N12.8m, which was 30 percent of the mobilization sum, was paid to a contractor for the installation of a Colour Led Display solution screen at Masha Road, Lagos State Water Corporation Junction in Surulere Even so, “the project has not taken off since February 2011 when the agreement was signed”, the report stated. Tajudeen Ajide, the Chairman of Surulere Local Government, told PREMIUM TIMES that the allegations were false. To prove his innocence, he presented documents and video clips showing that the Colour Led Display solution Screen project actually kicked off, but was stopped by the Lagos State Advertising Agency, LASSA, which refused to grant approval for the installation of the screen. Mr. Ajide took a PREMIUM TIMES’ reporter to the proposed site of the Colour Led Display solution Screen project at Masha Roundabout, Surulere, where work was yet to commence. “The Led Display solution screen actually kicked off but the state advertising regulatory agency refused to approve the locations we offered, the stadium junction and the roundabout at Masha, even after the state government approved the project,” he said. “And this project would have boosted our revenue generation which I had planned to use to put into education, and some key areas of the society.” The council boss however did not explain why N17.5 million was paid instead of N12.8 million, the stipulated 30 per cent mobilization fee. Other local areas too At Coker-Aguda LCDA, “spurious expenditure” totalling N1.3m was made by staff on behalf of the Local Council, the report said. “The payment appeared spurious because the minutes of the meetings were not provided to the audit team and pictorial evidence of performance was not attached to the payment vouchers,” it stated. A total of N29.1 m was unaccounted for in Egbe-Idimu LCDA. “Expenditure Not Accounted For: Audit examination of the payment vouchers revealed that the sum of N10.0m paid to various officers of the Local Council for sundry expenses was not accounted for,” the report said. “Audit examination of the payment vouchers during the period under review revealed that the twenty-one payment vouchers totalling N12, 652,000.00 were doubtful and unreasonable. “Payments for Jobs not Executed Audit examination of payment vouchers showed that the sum of N6, 500,000.00 was expended on spreading of loose laterite and stabilization of roads during the period under review. Further inspection to the site revealed that these projects were not executed. “Unpresented Payment Vouchers: Five payment vouchers totalling N10, 200,000.00 duly posted in the Combined Cashbook were not produced for audit examination”. Also, officials of the Eredo LCDA made unauthorized excess expenditure totalling N15m in 2012, just as 52 payment vouchers amounting to N30.2m and duly paid and posted in the treasury cashbook, were not produced for audit verification. Officials of Iba LCDA were also indicted for overpayment of security allowance to the chairman by N2million in 2012. Ramat Oseni-Adeyeri, the chairperson of Iba LCDA, dismissed the claims against her and other officials. “It’s a fallacy,” she told PREMIUM TIMES. At Ikosi-Isheri LCDA, the audit report noted an irregular auto loan facility to the tune of N100m from Fidelity Bank Plc for the purchase of vehicles for various functionaries of the Local Council. The transaction was observed to be fraught with various irregularities such as lack of proper documentation. An audit of Lagos Island East LCDA also revealed expenditure not accounted for to the tune of N6.3million. The council chairmen of Eti-Osa LGA, Iru Victoria Island LCDA and Surulere LGA responded to PREMIUM TIMES inquiry. Yisa Owolabi, the chairman of Eti-Osa East LCDA denied being in debt. “The council took a facility of N100 m that year on capital project with d approval of the state government and as we speak we will finish servicing it by the end of next month. We are among the most prudent council,” Mr. Owolabi said. Also, Abayomi Daramola, the chairman of Iru-Victoria island LCDA said he was sure his council remitted all tax deductions. “We are not in any debt neither did we not remit any statutory tax deductions. I’m very sure,” he said. The chairpersons of other indicted local government/councils did not respond to our requests for comments. https://www.premiumtimesng.com/investigationspecial-reports/169586-exclusive-audit-exposes-massive-corruption-in-lagos-local-councils-indicts-officials-for-squandering-millions.html |
Corruption is alive and well in Lagos, i will not be surprised if lagos state debt tripples before fashola leaves office, afterall the only way he can keep sponsoring APC, Is to borrow more. |
Lagos debt compared to the 5 top most indebted states in Nigeria: 1).Lagos State debt as at 30th june, 2014 .....................................$1,020,410,674.11 2).Kaduna State " ".........................................$245,510,669.07 3).Cross River State " ".........................................$120,212,331.65 4).Ogun State " ".........................................$116,689,249.43 5).Bauchi State ".........................................$111,607,175.28 6).Oyo State " ".......................................... $80,112,084.14 SOURCE:NBC http://www.dmo.gov.ng/ |
Lagosians dont know what and how fashola is spending, the tax funds, could this be because of the huge debt profile of the state? Could it be because of the huge fraud that is taking place in lagos? Is fashola just sharing lagos funds with tinubu his godfather? |
Lagos state runs the most corrupt government in Nigeria, It is one of the very few states that has refused to adopt the freedom of information act, in Nigeria. Which keeps Nigerians in the dark as to how government spends its funds. If lagos state had nothing to hide then why is it hiding its financial record from the public? dont the tax payers have the right to know how their hard earned tax revenue is spent? |
notobs:The N435bn debt is just the debt that lagos state govt. admits it owes, but we all know they owe far more than that the Nigerian bureau of Statistics puts lagos external debt at :
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[size=14pt]Lagos owes $1bn of states’ $3bn external debts[/size]- Punch newspaper The Lagos State Government owes 33.86 per cent of the country’s total sub-national external debts (debts owed by state governments), investigation has shown. Statistics obtained from the website of the Debt Management Office in Abuja on Wednesday showed that out of the total external debt of $3.01bn, Lagos State owed $1.02bn, leaving the remaining 35 states and the Federal Capital Territory with $1.99bn as of June 30, 2014. Further analysis shows that out of the $1.02bn external loan commitments, $937.91m was from multilateral bodies, while $82.5m represented loans contracted from bilateral sources. With a series of loan deals, the World Bank in particular has been involved in the urban renewal programme of Lagos State as well as efforts to reform the policy environment. Some of the latest approvals by the World Bank for the state include $42m loan deal approved by its Board of Executive Directors in March to support secondary education programme in the state. http://www.punchng.com/news/lagos-owes-1bn-of-states-3bn-external-debts/ |
The Lagos State Government Tuesday put its total debt stock at a whopping value of N435 billion, which it said, covered the profile of four tranches of bond it used between 2009 and 2013 as well as funds from other internal and external sources. The state government also listed diverse constraints, which it said, were undermining the implementation of the Fourth Mainland Bridge covering a distance of eight kilometres different from the road project of about 22 kilometres along the state corridor. But the state’s debt profile was publicly disclosed yesterday during the 2014 budget analysis, which its Commissioner for Economic Planning and Budget, Mr. Ben Akabueze presented along with his counterparts in the Ministry of Works and Infrastructure, Dr. Obafemi Hamzat and that of Finance, Mr. Ayodeji Gbeleyi among others. At the budget analysis that attracted enlightened stakeholders from the public sector and the media, the finance commissioner gave an explicit detail of the state’s debt profile, which he said, stood at a total value of N435 billion. Gbeleyi, who spoke towards the end of the programme, disclosed that with regard “to our total debt stock today, we have about N435 billion, which is a net of N98 billion in sinking fund,” though the debt was sustainable. He said the state government “has a total of four tranches of bond it issued. The first one is N50 billion for five year tenure issued in 2009 and will mature in 2014. The second tranche is N57.5 billion issued in 2010. It is a seven-year bond and will mature in 2017.” He also put the third tranche at a value of N80 billion, which he said, was issued “in 2012. It will mature in 2019. The last tranche of bond is N87.5 billion issued in 2013. It has a tenure of seven years and will mature in 2020.” http://www.thisdaylive.com/articles/lagos-incurs-n435bn-debt-in-five-years/169996/ |
Houstency:Policy issues is not for everyone, The fact that we have good leaders does not mean that all of them are bad, When we find leaders amongst us that has done well we must commend them not blindly but based on whats on ground. Fashola did well by beautifying elitist areas in Lagos and Bringing sanity to Oshodi, He must be commended for that, Amaechi did well by restoring security in Rivers state and agriculture( risom palm is working again, shongai farm is working, bannana plantation, and fish farms are functional in rivers state) he must be commended for that, Akpabio has done well in infrastructures in Akwa Ibom He must also be commended. when these leaders fail like amaechi has done in Education, We the people must call them out on it. To you it might be a waste of time but for me and others who are commenting on this issue its our constitutional right to do so. For those oyibo countries that we Nigerians Like to quote all the time, you should go to their social media pages and see what they say about their leaders, google is your friend. For a government to improve there must be citizen participation, public outcry like this one is the onlything that causes some self absorbing politicians to retrace their steps, at least in Nigeria this is the only tool available to us as we cant prosecute our governors. |
phantom:This your post shows clearly that you are a quack/fake doctor, if not you would have known that its criminal for a governor to concentrate on only primary health facilities for 7.5yrs while abandoning the general/secondary health facilities in the state. You claim that a failed primary health system will crumble secondary and tertiary health system but you fail to see that ugly truth that stares you in the face that a failed Secondary health system will not only collapse the whole health system but will kill patients. If patients with malaria and common cold presents at UPTH, UPTH has the capacity to treat that patient, the only con is that it is considered a systemic failure and a waste of time, because they could have used that time to focus on more difficult health issue. but the truth is the patient will get treated. But if a patient with serious problems presents in a primary health centre, will he get anyhelp? the answer is NO beacuse the PHC are not equiped for such and it will not only result in a systemic failure but will also lead to death sentence on that patient. In you view Mr Doctor which is more important, systemic failure(Waste of time on non serious health issue) or patient death? 80% of PHC cases can be handled by community pharmacist, local clinics and community nurses/matron in private practice in the rural areas which are the primary destination of majority of Nigerians in rural settings to start with, how many patients sincerly in Nigeria will visit a PHC to treat an abbrasion, rashes, malaria etc when they know their local pharmacist or mma Nurse will treat them faster and cheaper. But Who bridges the gap of a secondary health facility when they are not available or non functional? I will like you to Answer that question "Mr Doctor"? If amaechi was not blinded by political egoitsm and playing to the gallery, he would know that it is suicidal to abandon general hospitals in the state, just to focus on treating headaches in PHC, Eventhough PHC are important, like i said they are substitute to PHC in the Nigerian context, but what are the substitutes for a general hospital? |
phantom:Nonsense, its not about Akpabio, its about amaechi! Akpabio has built 5 general hospitals in the remaining LGAs that had no General hospitals in the State , In general Akwa Ibom runs fully functional 31 general hospitals in all the LGA in Akwa Ibom the tertiary hospitals include:the University of Uyo teaching hospital and the soon to he completed 467 bed 20th anniversary hospital to serve as tertiary hospitals in the state. An the state govt. is also constructing a teaching hospital for its new state university. and countless primary healthcare centres which are part of the over 5000 rural development projects of Akpabio. If you were a doctor in Rivers state as you claim,which is a stone trow from Akwa Ibom you would know this, but all you are is an APC mouthpiece reporting from lagos. 1) true or false, has he only built 1 secondary school in rivers state in 7.5yrs? 2) true or false, has he paid N800m for indians to train 750 rivers school kids in the sech. school? 3) True or false has Amaechi Abandoned all secondry health centres to concentrate on treating headache at PHC? Stop forming answer those three questions. |
phantom:Its not a picture posting contest of which you are a master propagandist,Aresa AKA phantom. Amaechi has already confessed that he built 1 secondary school in 7.5 yrs as governor. is that a good record? And this is not about akpabio its about Amaechi, Akpabios works speaks volumes by itself, thats why you are trying to use him as measuring standard for Amaechis failure in Education. |
phantom:Whats the situation of general hospitals in Rivers state? The gov. said in the interview that he abandoned the general hospitals to focus on providing Primary health centres, What do you have to say mr spokesman? |
phantom:You are late to the party, phantom AKA Aresa AKA ekoile etc ![]() How is APC lagos? |
kel4soft:Are the 750 secondary school kids on scholarship? is amaechi only secondary school for scholars? then it means that the 266 abandoned secondary schools in rivers state if full of non-scholastic students! own up to the truth and call out your dear governor on this one! he has dropped the ball bigtime on this issue, and there is no denying it. |
kel4soft:your oga amaechi has let rivers state down, him don fall hand here well well. N800m for 750 rivers secondary school kids while abandoning all the kids in the remaining 266 secondry schools in the state. |
Max24:Jonathan second term will be different, he will not be seeking reelection again that will give him the oppurtunity to be tough on corruption. First term is not the time to make enemies of politician for it will cost you re-election votes, jonathan is not stupid. But second term will be different, I predict that there will be high level politicians prosecuted for corruption in the secon term. just watch out. |
Deapexboy:The past government built 267 secondary schools in the state which Amaechi inherited, instead of maintaining the 267 schools by refurbishing, adding new classroom blocks where neccessary and improving the general standards of the existing schools to best serve the state. Amaechi choose to abandon the schools and only build I new secondary school in 7.5yrs as governor of rivers state to score cheap political point, If previous govt were building secondary schools at the rate of 1 in 7.5yrs it would have taken them 2000 yrs to build the 267 secondary schools in rivers state. |
ITbomb:Do not forget that revenue to state govt is = FG allocation + internally generated revenue! when you factor in internally generated revenue, Lagos state is the richest state followed by rivers state. the amount of IGR in this two states is higher than total revenue of most states. No one took oil wells from rivers people, the soku oil wells that went to bayelsa has been a subject of litigation for years before Amaechi or jonathan even came to power, the rivers people are not protesting soku wells because they know the truth,The traditional rulers of the soku area in rivers state said on national daily recently that he was happy how the president handled the soku well crisis, Amaechi is just trying to score cheap political points with it, just like he is doing with the 1 secondary school he built out of 267 sech. schools in the state. The only reason amaechi is out of money is because he is sponsoring APC politics nationwide,and outsourcing education to india. |
1025:Rivers is broke because Amaechi is sponsoring APC rallys all over Nigeria with rivers money and is outsourcing teaching and 1 new school management to india for N800m a term when ngerians are looking for job. |
where are the APC defenders? why are they abandoning this thread? Amaechi propaganda has ran out of gas! |
babasoty:babasoty thank you for taking time out to take the pictures to confirm what amaechi hiself has said on live TV about Rivers school I new sech school school in 7.5yrs out of 267 sech. schools in rivers meaning 266 secondary schools abandoned. thanks for the pictures. This is a sharp contrast to the APC propagandist that stay in lagos and post pictures of 1 secondary school that amaechi built in 1000 different angles to confuse the gullible. |
aresa:I will leave the photshopping of picture and posting of 1 secondary school in 1000 angles to you aresa you are the master in propaganda pictures afterall that what you do for a living for APC with your several monikers aresa aka eko ile aka phantom aka barcanista etc those are all your handles that u use in posting Amaechi 1 seconday school in 1000 angles on nairaland and fasholas 3 secondary school in 3000 different angles on nairaland to confuse the gullible. On days like this the truth comes out when Amaechi confesses that he has only built 1 secondary school in 7.5yrs and destroys you picture propaganda that took you years and lots of man hours to build. ![]() |
aresa:stop arguing with yourself Barcanista is AKA aresa ![]() |
kel4soft:let me correct you according to amaechi on the video on pg 1 the school admits 1050 students out of which 750 are rivers state indigenes and the balance is supplied by the neighbouring state and all states in the federation. no one is twisting Amaechis record here, Am just quoting him verbatim from the video. listen to the interview before you jump in. |
aresa:you want to derail the thread by reducing it to picture posting contest, you will not succeed, we must stay focused untill you acknowledge like barcanista did that Amaechi 1 new secondary school out of 267 secondary schools in the state = 266 secondary schools abandoned. Fashola 3 new Secondary schools out of 260 secondary schools in lagos state = 257 secondary schools abandoned like this one is not a good record. |
aresa:Unlike barcanista which might be another of your duplicitous (AKA )aliases on Nairaland,Your problem is that you are impervious to truth because you are a master in propaganda, Its not a picture posting contest dear aresa, Its a common sense matter, Amaechi built one sech. school in 7.5yrs as governor, and outsourced it to India for management for N800m when Nigerians are looking for jobs and when 266 secondary schools are abandoned, this is not me making anything up about Amaechi, am quoting Amaechi by his own words, the video evidence is on page 1. for you and all to see. This is not also about Akpabio as you want it it be, Akpabio record speaks for himself, A brand new bicampus state university built by Akpabio, it will graduate its first students next year, which university has amaechi built? Akpabio has totally renovated the Akwa Ibom state polytecnic with several new building and excellent road network within the school, has attracted a federal polytechnic to Akwa Ibom state during his tenure as governor. In basic education free and compulsory education for all akwa ibom students making sure that he is paying subvention of 100per kid per term for primary and 300per kid per term for secondary to their headmansters and principals and paying for WAEC/NECO fees for all students in the state irrespective of their state of origin. that way education in Akwa Ibom is truley free as kids are not asked for PTA,Handwork, development and all the other levies that usually send kids away from school he has over the 7.5yrs as governor built and refurbished 4000 classroom blocks in al LGAs of Akwa Ibom State if you want evidence of Akpabios work here: https://www.youtube.com/playlist?list=UU44hqJiIK_HYYflwAkOqAQQ. but i know you are too biased to see it. See Akpabios work speaks for himself does not need anyone to scream it as you do for fashola and amaechi.but you always choose to denigrate Akpabio, you are the biased one here myfriend. I used to commend amaechi for education and healthcare based on the misleading pictures that you and other APC peeps post on nairaland untill today when i heard form amaechi mouth what the true situations of this are. Its time for you to own up to the reality that both Amaechi and fashola have dropped the ball on education in their respective states FACT! |
barcanista:At least you are not shying away from the truth like aresa, I must commend you for that, but we are all patriotic Nigerians,At least i am, If you search my moniker you will notice that i have always commended Amaechi on education and healthcare eventhough i dont care for his brand of APC politics, Untill today when i listened to that video, then i realized that i had been taken for a ride by the likes of Arresa posting his one secondary school in different angles, This interview shows Amaechi's achievment in real time, I secondary school in 7.5yrs and building PHC while abandoning General hospitals. Eventhough we might be of differnt political and ethnic persuasion but the fact is we are all nigerians what affect ppl in Kano, rivers, maidugri etc affect us all, thats why we need to shed light of these outsourcing of jobs by APC governor while Nigerians are begging for jobs, How about wasting N800million a term in 1 school for 750 kids of rivers state when 266 schools and thousands of students are left in the cold? |
calebo101:Hopefull thats where his votes will come from, why dosent he just run As APC president in Niger republic? He obviously cares more about educating the Nigeriens than he does educating the millions of Almajiris in Kano. Thank God for GEJ that has given those kids a life line through his Almajiri schools initiatives. As for Arresa the APC paid hag, am just having fun with him, everyone knows that the APC propaganda Machine is running out of gas. their paymasters are begining to confess the truth, Amaechi has started singing like a little bird! listen to that interview! |
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