NwaNimo1's Posts
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Na wa...Obiano dey wicked somehow. I know he's involved. [img] https://www.youtube.com/watch?v=weUVnE5nvDU[/img] |
The federal government has stopped the Senator representing Anambra South Senatorial Zone, Ifeanyi Ubah from proceeding with the construction of the old Oba-Nnewi-Ozubulu-Okija federal highway. A letter by the Federal Ministry of Works and Housing, signed by the Federal Controller, Works in Anambra State, Mr Chidi Ezeala to the company handling the construction asked that all construction works on the roads be stopped immediately. Ubah had a week ago cried at a public function, lamenting that the Anambra State governor, Willie Obiano was frustrating his attempt to provide good roads for his people. He accused Obiano of unwillingness to work on the road, yet frustrating his attempt to fix the roads in his Senatorial Zone by stopping construction works. But the commissioner for works in Anambra State, Mr Marcel Ifejiofor who addressed a press conference on Friday said that Obiano or Anambra government did not stop anyone from constructing roads, rather the federal government through the ministry of works stopped the construction company from working on a federal road in Nnewi because approval was not given. A copy of the letter by the Ministry of Works to the company, which was made available to DAILY POST read, “It has been brought to our notice that your construction company is presently carrying out palliative works on the above-named road. “We appreciate your good intentions in assisting to put our roads in a good state, however, we advise that you follow all necessary due processes required to enable you work on any federal highway. “In view of the above, you are requested to stop all your construction activities on any federal highways in Anambra until you are granted approval to do so,” the letter read in part. Ifejiofor told journalists that contrary to insinuations that the Anambra government stopped the company from ongoing construction work, it was the federal government that issued the order. “Roads in Nigeria are divided into categories. There are federal, state, local and community roads. Federal roads are most times inter-state roads and need permission from the federal government before one can work on them. “If you get approval, they tell you the specification of their roads and you can now proceed to work on them. Even before the federal government works on state roads, they seek our approval and we give them our specification too. Our standard here is end to end, with drainage. “We have a lot of roads in Anambra State. We are even appealing for wealthy people to take some of our roads and work on them. We did not stop anyone from building roads, the federal government did,” he clarified. https://dailypost.ng/2020/11/13/nigerian-govt-orders-stop-of-construction-on-nnewi-roads-over-approval-issues/ |
How can acquiring an unproven vaccine be Nigeria's priority? Sometimes I wonder how this man can shamelessly read scripts from his masters both in Nigeria and abroad! He should be fed some 'humble' pie....... [img]https://media./images/8d6aed8be0b8a50f0bce9f83dc5ae051/tenor.gif[/img] |
Vice President Yemi Osinbajo (SAN) has emphasised that one of Nigeria’s most pressing priorities is obtaining the COVID-19 vaccine for the citizens.https://thenationonlineng.net/osinbajo-acquiring-vaccine-for-citizens-our-priority/
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The guy no fit at all.......useless ADC |
Innoson get wife? Na lie ohh!!!! |
fake news |
ok |
Wait until African's hear this scam.... [img]https://media./images/c90d998ac94f5cd4ebed266173967294/tenor.gif[/img] |
The Federal Executive Council (FEC) on Wednesday approved N62 billion for the construction of Kano – Gwarzo – Dayi Road, linking Kano and Katsina states.https://www.ripplesnigeria.com/fec-approves-n62-7bn-for-construction-of-road-linking-kano-and-katsina/
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Wrongful arrest....they should sue the courts |
Average looking.......to Igbos's! |
Yet!!!! |
Efulefu's..... |
one nigeria? |
baralatie:#Buhari |
ok |
See how the oyibo/fulani have rigged the country |
Sue them..... |
Dangote exempt again? [img]https://media./images/08f40c6485c1acc026830b2c49a68b02/tenor.gif[/img] this one weak me finish! [img]https://media./images/cd904adb274a24cc758cee8b87abd615/tenor.gif[/img] |
Obama... |
Tragic |
Another pre prepared speech from his masters! |
White Dictators....e no suit dem, [img]https://media1./images/7d5b9d7341d10667f2867a892370eb28/tenor.gif?itemid=13738821[/img] |
The exposure of the Asset Management Corporation of Nigeria (AMCON) to the central bank might balloon by as much as 75 per cent from N4 trillion to N7 trillion by 2024 given the current pace of inflation in the country, the corporation said. “There is a dire need for all sister agencies of the Federal Government of Nigeria to join forces to ensure that the economic saboteurs who intend to cripple the banking sector before AMCON was set up are compelled to repay the humongous debt that is weighing down the Nigerian economy,” Ahmed Kuru, its managing director, said in a statement issued by the agency on Sunday. State-owned AMCON, which buys bad debts in the portfolio of banks right from inception in 2010 in a bid to achieve stability in the financial system and also pursues recovery from the borrowers, has stepped up its stepped up its debt recovery plans more fiercely through arbitration lately. Hydro Hotels, Jafbal Enterprises and Northrich Technologies number among the prominent firms, whose assets AMCON has confiscated between August and now. Kuru told a conference of appeal court judges his agency’s difficulty in recovering debts of over N5 trillion could have adverse implications for its running, the statement said. The AMCON chief commended the judiciary for the AMCON Task Force unit set up in the four division of the court of appeal to expedite the arbitration process of AMCON appeals. Monica Dongban-Mensen, president of the Federal Court of Appeal, alongside R.P. I Bosimo, the National Judicial Institute administrator, avowed the necessity for the judiciary to value the significance of speed in justice dispensation with regards to AMCON’s suits. “The role of the judiciary in the execution of AMCON mandate cannot be overemphasised. This is understandable considering that the distinguished bench is indispensable to the realisation of the enormous powers conferred on the corporation by the AMCON Act. “It is through these interactions that the judiciary will be sensitised on the complex role AMCON plays at ensuring the sustenance of the financial system stability in Nigeria,” Justice Bozino said. “The level of financial stability currently enjoyed in the country is solely attributable to the role played by AMCON in offloading toxic portfolios from the balance sheets of banks thus enabling the banks to perform their intermediating role in the macro-economy,” he added. https://www.ripplesnigeria.com/amcon-boss-fears-corporations-debt-to-cbn-could-hit-n7trn-from-n4trn-in-4-yrs/ |
So they can replace SARS and extort the masses.... [img]https://media./images/c3fb2f4140abd4d767a4b8a4353ee094/tenor.gif[/img] |
House of Representatives Committee on Public Accounts has summoned Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, over alleged withdrawal of $20.3 billion from the Nigerian Liquefied Natural Gas (NLNG) dividend account. Its chairman, Wole Oke, expressed concern over the NNPC chief’s supposed refusal to respond to the quiz by Auditor General of the Federation (AGoF). Oke (Osun: PDP) argued that there was need for Kyari and heads of relevant agencies to appear before the committee to do clarication. Details of the fund were contained in a document submitted to the panel by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) on the need to investigate NNPC management’s ‘illegal withdrawals from the NLNG’s dividends account’. The text revealed that from the $21.686illion that accrued to NLNG dividend account from 1999 to 2020, NNPC spent $20.3 billion, leaving a balance of $1.384 billion as at June 30, 2020. The report also stated that the NLNG generated $100 billion in sales revenue since inception out of which it paid over $18 billion as dividend through the NNPC and $6.1 billion as Company Income Tax (CIT) through the Federal Inland Revenue Service (FIRS). “Additionally, the company spent over $15 billion for the purchase of feedstock gas for its operations. Between April 2002 and March 2007, it paid $450,000 as Licence fees and N28.696 million as NLNG licence renewal between 1999 and 2017.” Govt continued: “On payment of dividend, NLNG paid all dividends due to the Federation Account to NNPC,” it added. But a breakdown of the NLNG income tax payment from 1999 to 2020 showed that no revenue was paid between 1999 and 2013, as it enjoyed pioneer status. It however, paid $1.301b in 2014, $1.491b in 2015, $625.331m in 2016, $304.669m in 2017, $704.182m in 2018, $907.754m in 2019 and $764.143m in 2020. “As part of its monitoring mandate, the RMAFC visited the NLNG in August 2008 and March 2013, and consistently requested the NNPC to remit all dividends received from NLNG to the Federation Account. “Information available to the Commission indicates that $21.685b accrued to the NLNG Dividend Account from inception to June 30, 2020,” the report stated. Details of how the NNPC disbursed the $20.3b showed that NLNG secretariat got $1.854m, NLNG scheme 4 top up received $159.250m, funding of Brass LNG Scheme got $574.420m, the West African Gas Pipeline ($259.900m), N-Gas (Takoradi CEB Account, Gas Monitoring Station ($9.433m), Trans-Sahara Gas Pipeline ($1.278m), Olokola LNG ($216.928m), while security project received $1.520b. The report also stated that $4.372b was transferred to Federal Government, Product Importation Loan to NNPC received $5b, while $3.335b was spent on Paris Club Refund, Sovereign Wealth Fund got $1.050b, $1.200b went for 2016 JV Cash Call Balance and $2.6b was spent on National Fuel Support Fund. In its recommendation to the Committee, RMAFC Chairman, Elias Mbam said: “The commission does not support diversion of revenue to the Federation Account for whatever reason, as it is illegal and contravenes section 162(1) of the 1999 Constitution (as amended). “The NNPC or any other agency does not have the powers under the law to withdraw money from the NLNG Dividend Account for any other purpose apart from remitting it to the Federation Account.” https://guardian.ng/news/reps-summon-kyari-on-alleged-20b-nlng-withdrawal/ |
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