₦airaland Forum

Sweetguy25:
Unfortunately, That has been the pattern for the six - seven years. Check our budgets for last six years and check the amount on subsidies.

Our budgets have never exceeded 4 trillion naira but our subsidy expenses has been constantly above 1 trillion.

We know the policy under the current admin is fraught with fraud as revealed by the various committees set up to investigate it.

I need sources by the way.

I wonder why it is so difficult getting information about Nigerian government online.

aguiyi:
you are not in any position to tell the op what should bother him.

of all the names you mentioned, who among them was charged by EFCC or did the EFCC say they were asked not to charge the names you singled out.

you are really funny.

use google to find out what the anti graft agency is doing and find out what is holding them from doing further, Jonathan will not do everything .

dont we have national assembly, if Jonathan is shielding anybody from prosecution what is the national assembly doing about it or GEJ stronger than the entire national assembly put together.

you are really a bigot.

Let me ask you this question. Jonathan is a human being right?? And as a human being, he isn't perfect right?? Now, WHAT PROBLEM confronting Nigeria exactly can we BLAME jonathan for?? Just name a single one.

Mogidi:
First time you made sense since joining Nairaland.

Smh. And you my friend, are yet to.

This has got to be the most laughable thing I've ever seen!! 2009 budget as passed by NASS was 3.06Trillion, and someone wants to tell us 1/3 or over 33% of the budget was spent on subsidy!!!


Op are you listening to yourself??


Could you quote some other sources for us??


This would make for an interesting debate.

Maybe the man was caught eyeballing Iara.

philips70:
Saw this news and was totally ashamed. That was not a president talking. How did Nigeria get to this level? A president that talks like an uneducated man on Nairaland? I guess he must have been echoing some TANoids who paid him a visit same way he echoed the opinion of 100yrs said by his ADC during the campaigns when he tried to explain how many years GMB was jailing people. A local community association chairman will do better. Government has been on leave for the past 5yrs.

Exactly the same question I asked on another thread. The more I think about it, the more I resent Obj.


The man sounds so basic, never deep, just there....

It is just terrible. To think he has a PhD makes it even more appalling.

ichoku2015:
Olodo. did our problem started with him?

Typical illiterate, basic requirement for TANoidship.

Lord, how did this man emerge the number 1 citizen of this country??

The more I think about it, the more I get pissed at Obj.

Op, this is what should bother you:

After all the Abracadabra fuel subsidy
committees, those of us who had patience to
read through all the reports got to know that the
number of fuel importers rose from 19 in 2009 to 140 in 2011.

Many fuel importers existed only
on paper and collected subsidies for fuel they
never imported or supplied. Thus, Nigeria's Fuel Importers were paid for 59 million litres per day, while the country's storage capacity and consumption was 35 litres per day. How did that
happen?

Chief Emeka Wogu was Minister of
Labour and Productivity in the same government as Okonjo-Iweala until October 2014 when he voluntarily resigned to contest for governorship of his State in Southeast.

In 2011, Chief Emeka Wogu collected the sum of N2.7 billion for fuel subsidy he claimed to have supplied through his Company, Pinnacle Contractors Limited.

In that Company, Emeka Wogu had 750, 000 shares, while Mrs Oyebabefe had 150, 000 shares and Mr Enyinnaya Wogu 100, 000 shares.


The vessel which Emeka Wogu claimed to have delivered imported fuel in Nigeria was no where to be found anywhere in the world much less
anchoring in Nigeria.

It was found that Pinnacle Contractors Limited was not registered with the Corporate Affairs Commission (CAC), an absolute condition necessary to be fulfilled in order to qualify to import and supply fuel.


Pinnacle Contractors Limited was not registered
with CAC until Friday, 30 November 2012.

Similarly, the Minister of Aviation until October last year when she was eased out of the
government following the $ 1. 6 million
armoured cars scandal, Mrs Stella Ada-Eze Oduah, owned 1,999,000,000 shares out of N2 billion shares in the Company named Sea Petroleum and Gas (SPG). The remaining shares were shared between other Directors identified as Elisabeth Stewart, Josephine Oduah and Erotomi Buwa.

Stella Oduah's company was found to have fraudulently collected a total of N1, 019, 571, 609 (almost N1.02 billion) for fuel subsidy that was never supplied.

Patrick Ifeanyi Uba is a well known brain behind Transformation Ambassadors of Nigeria (TAN) who claimed to have secured 18 million
signatures across the six geo-political zones of
Nigeria endorsing President Jonathan's re-
election bid. But before that, 43 years old Patrick
Ifeanyi Uba from Umuanuka in Otolo, Nnewi,
has been the Managing Director and chief
Executive Officer of Capital Oil and Gas that
deals with importation, storage, distribution,
trading and retailing of oil products. When he
was found to have collected billions of Naira for
unsupplied fuel he ran to Aso Rock which
sheltered him from the consequence of looting
Nigeria.

#Leadership Jonathan style.....

The sons of Ahmadu Ali and co haven't even been mentioned.

Op, the question you should be asking is- what has happened to these people so far

From what I've read in the past 48hours, save for the offce he occupies, I would have called this man a common criminal.

After all the Abracadabra fuel subsidy
committees, those of us who had patience to
read through all the reports got to know that the
number of fuel importers rose from 19 in 2009 to 140 in 2011.

Many fuel importers existed only
on paper and collected subsidies for fuel they
never imported or supplied. Thus, Nigeria's Fuel Importers were paid for 59 million litres per day, while the country's storage capacity and consumption was 35 litres per day. How did that
happen?

Chief Emeka Wogu was Minister of
Labour and Productivity in the same government as Okonjo-Iweala until October 2014 when he voluntarily resigned to contest for governorship of his State in Southeast.

In 2011, Chief Emeka Wogu collected the sum of N2.7 billion for fuel subsidy he claimed to have supplied through his Company, Pinnacle Contractors Limited.

In that Company, Emeka Wogu had 750, 000 shares, while Mrs Oyebabefe had 150, 000 shares and Mr Enyinnaya Wogu 100, 000 shares.


The vessel which Emeka Wogu claimed to have delivered imported fuel in Nigeria was no where to be found anywhere in the world much less
anchoring in Nigeria.

It was found that Pinnacle Contractors Limited was not registered with the Corporate Affairs Commission (CAC), an absolute condition necessary to be fulfilled in order to qualify to import and supply fuel.


Pinnacle Contractors Limited was not registered
with CAC until Friday, 30 November 2012.

Similarly, the Minister of Aviation until October last year when she was eased out of the
government following the $ 1. 6 million
armoured cars scandal, Mrs Stella Ada-Eze Oduah, owned 1,999,000,000 shares out of N2 billion shares in the Company named Sea Petroleum and Gas (SPG). The remaining shares were shared between other Directors identified as Elisabeth Stewart, Josephine Oduah and Erotomi Buwa.

Stella Oduah's company was found to have fraudulently collected a total of N1, 019, 571, 609 (almost N1.02 billion) for fuel subsidy that was never supplied.

Patrick Ifeanyi Uba is a well known brain behind Transformation Ambassadors of Nigeria (TAN) who claimed to have secured 18 million
signatures across the six geo-political zones of
Nigeria endorsing President Jonathan's re-
election bid. But before that, 43 years old Patrick
Ifeanyi Uba from Umuanuka in Otolo, Nnewi,
has been the Managing Director and chief
Executive Officer of Capital Oil and Gas that
deals with importation, storage, distribution,
trading and retailing of oil products. When he
was found to have collected billions of Naira for
unsupplied fuel he ran to Aso Rock which
sheltered him from the consequence of looting
Nigeria.

#Leadership Jonathan style.....

The sons of Ahmadu Ali and co haven't even been mentioned.

Jonathan rewarded all of them with VIP statures and gave others juicy ministerial slots.

What a shame.

socialmediaman:
This is very revealing. Nigeria has grown tremendously, you can't deceive them anymore with bogus achievements or academic qualifications, they Now see through, they'll dissect and expose you. The world may not know immediately, but we Nigerians know, and the world will also know in due time.

I continue to maintain that Nigeria's finances were outrageously mismanaged under the Goodluck Jonathan's administration and under her watch as minister of finance and coordinating minister of economy

God Bless Nigeria

This is what I've been hammering on. In my post on the other thread, I erroneously said the importers were about 48 before they climbed to about 150 soon after Jonathan took over, meanwhile, they were just 19!!!

Imagine a company not registered under CAC given license to import fuel!! Somehow, this implies that the company wouldn't even be paying Tax to firs!!

If one were to go back to those subsidy reports, I wonder.....

Honestly I'm speechless now.

Cc: Lalasticlala.

An extensive review of government papers, contracts, court documents, newspaper articles and interviews with people who knowledgeable about the deals and agreements by PREMIUM TIMES shows that the project has been repeatedly torpedoed by executive high- handedness, mind-boggling corruption, sheer irresponsibility of government officials and asinine abuse of power.

...while Mr President was busy smiling to cameras and taking pictures.

Sometimes one wonders how Nigeria manages to survive amidst all these.

Mrs BMW would soon be called to clarify issues on who left the doors to the yam barn open to those ravenous goats.

#time.

Finally, the goats are gradually being yanked off the yams.

#Return of the Mack!!

When I said Okonjo Iweala might be a bigger thief than Madueke and Stealer, people called me names. Now look at this!

This is pure madness. These guys have wrecked this country.

Interesting!

I have just a few questions.


1). How much were previous administrations paying for subsidy??


2). How much did Jonathan pay on assumption of duty as the president and in subsequent years as president??


3). What necessitated the geometric increase in the expenditure on subsidy soon after Jonathan took over?? It was about 300billion on the budget but burgeoned to nearly 2trillion at the end of the fiscal year. Was there a corresponding increase in the demand of products to have warranted such increase in "supply"?? Did Nigeria get thirstier for petroleum products??


4). Was there any supplementary budget passed by the NASS to accommodate the increase as stated in #3??


5). There were about 40 importers of products prior to Jonathan's regime. After he took over, the list went over the roof to about 150!! What was the reason behind this??


#waiting.

Cc: gohome.

Mogidi:
Buhari would fight his enemies not corruption, quote me any day.

Hahahahaha. See this oponuchuckwu. Tomorrow when an "inside source who prefers anonymity" volunteers info against bros J, you'd be the first to start running from pillar to post claiming propaganda.

I've said it and I'm repeating it, Asari is going to fight his war alone. Perhaps along with his wife and some TANoids in Nairaland. Ateke has told him, MEND has warned him, now Urhobo youths have as well.

Dude should keep ranting. Perhaps it just might help him shed some fats.

arewatech:
RideForBuhari. Your son is getting the top job next tomorrow, you've every reason to celebrate.

Proudly from Katsina State.

God Bless the Nigeria.

As for the haters, jump into the Lagoon. Meanwhile, me and friends on our way to Abuja

Hahaha. Nice one bro. Proud of you guys. Really wish I could be there.

Vanellope:
Please, what does tanoid mean? I see it everywhere on nl and yet don't know what it means.

Ask Elder Gbawe, he's most eminently qualified to define a TANoid/saTAN/TANdroid.

They've all arrived.

Looks like a puff adder.

luvinhubby:
I know omenka will want to roast me for saying this , but this woman is the most unique & wonderful first lady in the history of Nigeria.
Refused to be relegated to the traditionl women's role of being seen & not heard. Always ready to express herself.
We'll miss her.

. Don't get me started Mr.

We had a first lady that used to be seen and heard from like every other day, Stella Obasanjo, but you know how she held her own. You definitely can't compare both of them, not in conduct nor in appearance.

This lady was too damn garrulous and uncouth, insulting people both innocent children [recall "born throway"] and the elderly [recall "brain dead"], admonishing violence and killing [recall "stone anyone who shouts CHANGE"] in utter disregard for what is expected of a "woman" and most especially, one that occupies her position.

I honestly can't think of this woman in a good light, but whatever you chose to say about her is your prerogative. I can't hold it against you.

Have a lovely day ahead.

Ghen ghen!!!

E don set!!

I'm sure the marketers remembered this speech and that is why they've been so jittery. I pray he remembers and adopts this measure, then we'd see where all the "round tripping" would be coming from.

Interesting.

VOICEOFTHEMASES:
To all my APC friends, particularly the once that insulted me on my last post.

48hours into Buhari's inauguration he is still resting in london abi? Leaving the planning of his inauguration to who? Me Abi.

Anyway make una no worry Ameachi and Tinubu left Nigeria last night to fetch him back emmm.

All I can say is that, I wish Grandpa buhari speedily recovery because I need him strong and alive.

VOM

These are the kind of illiterates that populate Wadata plaza and beyond. Nairaland chapter is even worse.

Well, Buhari would come in on the 29th and land in Eagle's square directly, take his oath of office and leave Jonathan there to continue with whichever part of the ceremony that is left to perform.

Deal with it.

This man has no shame.

anonimi:
Get ueed to 'CONSIDER'

You must be a joker of the highest order

One of "them" spotted.

This one is so nervous he was fidgeting while typing (@ bolded). Lmao.

Oga just calm down and type. No one is after you.

anonimi:
Beyond the numbers there is also the issue of remuneration/salaries paid to political appointees and elected officers compared to the MISERABLE N18,000 minimum wage.
Everyone's pay must be brought IN LINE with the minimum wage also!!!

How many people's pay did your out going ignoramus bring IN LINE, or didn't you folks suggest the idea of bringing salaries "in line" to him??

Funny guys.

theV0ice:
It should have been clear to all and sundry that he wanted to get away from political jobbers who want one favour or another.

I like his style jare: ignore the conspiracy theorists and ignore the political contractors from all corners of the country.

GMB is demystifying governance and I'm loving it

Walahi, the Gentleman is the real Maradona. IBB still dey warm bench!

Sai Baba!!

#BabaWhileYouWereGone, PDP said Tinubu and Amaechi went to fetch you back home and their twin brothers were eventually spotted in Lagos and Port Harcourt respectively.

#BabaWhileYouWereGone, TANoids kept praying that you don't come back alive.

#BabaWhileYouWereGone, fuel sold for N400 in Lagos.

#BabaWhileYouWereGona, we missed you.