Where cattle roaming on the street during Jonathan presidency?

Lazy Nigerian Youths.

Alleged N10Billion Fraud: 10 Questions Kemi Adeosun, Accountant General Must Answer

April 21, 2018Ini Ekott

On Friday, PREMIUM TIMES and UDEME exposed how the Minister of Finance, Kemi Adeosun, and the Accountant General of the Federation, Ahmed Idris, colluded to illegally funnel N10billion from the national treasury to our ever non transparent National Assembly.

After the story ran, both officials scrambled denials framed in manners meant to deceive and confuse Nigerians about the real issues raised in the report.

So the issues are clear and easy to digest, we have raised the questions below for the officials. We hope they will find time to answer them as a way of enlightening our readers on this matter.

1) Are you not aware that the National Assembly has its own N125billion budget which should fund its capital and recurrent expenditures, and from which it should settle all its liabilities? Given that this budget is always 100 per cent funded, being a statutory transfer from the treasury, why did you proceed to provide an extra illegal N10 billion to that arm of government?

2) You claimed the money was sourced from a certain N20 billion earmarked for payment of debts to local contractors. Why are you the one paying National Assembly contractors when that arm of government has a block budget to cater for its expenditures and liabilities? And why will you give 50 per cent of funds meant for all owed federal contractors to the National Assembly alone when those who built roads, schools, hospitals and supplied drugs to our clinics are yet to be paid?

3) At a time that federal contractors have abandoned road projects across the country due to non payment of their bills, making our roads death traps, why did you release N10 billion to the National Assembly to buy exotic cars, especially when your boss, President Muhammadu Buhari, has ruled that acquisition of cars by lawmakers is a violation of the government’s monetisation policy and therefore illegal.

4) You released the funds without any due diligence. As chartered accountants certificated in England and here in Nigeria, is it right that you released that huge amount of money to a non transparent entity that the National Assembly is without asking the lawmakers to provide award of contract letters, Certificates of No Objection issued by the Bureau of Public Procurement and job completion certificates issued by the National Assembly?

5) Are you aware that at least 44 of the 82 contractors the National Assembly claimed it was owing are not registered on the National Database of Contractors, a database of the Bureau of Public Procurement (BPP). That means they are not eligible to be awarded federal contracts. Are you aware that even 17 of the 44 firms were not even registered with the Corporate Affairs Commission (CAC)?



6) Are you aware that by colluding with the National Assembly to pay billions of public funds to unregistered contractors, you have violated our country’s Public Procurement Act, and that you deserve to lose your post and then be put on trial in accordance with the law?

7) Can you tell us why you violated the appropriation law by releasing N485 million for a project our budget provided N450million for? Has it anything to do with the fact that Senate President Bukola Saraki conceived the project and is handpicking contractor for its execution? Is it possible that you prefer to please Mr. Saraki at the expense of the Nigerian people?

You claimed you released the funds to the National Assembly after warrants were duly issued and approved by the Cash Plan Committee chaired by the finance minister. Can you please tell us in detail the process of approval of such warrants?

9) Unicef says 10.5million Nigerian children are out of school due to what government blamed on lack of enough funds for the nation’s educational sector. Advocacy group, OneCampaign, also says 2,300 Nigerian children under five die each day of preventable causes, a situation that can be addressed if the federal government provides at least one percent of Consolidated Revenue Fund for basic healthcare. In the face of this heart wrenching challenge, do you sincerely believe that illegally paying for exotic cars for our lawmakers should be your priority at this time?

10) Looking through the above questions, will you still say you did the right thing in the manner scarce public fund was passed to the National Assembly? Can you still confidently say you did no wrong?

The Minister of Finance, Kemi Adeosun, has reacted to a PREMIUM TIMES report detailing how her ministry illegally approved N10 billion for the National Assembly.
The report, published on Friday, indicated that Mrs Adeosun released the billions to the lawmakers despite the N125billion appropriated for the federal legislature in the 2017 fiscal year for recurrent and capital expenditures.
The fund was arbitrarily approved for the lawmakers by the minister in collusion with the Accountant General of the Federation, Ahmed Idris.
Investigations by PREMIUM TIMES also showed that at least 44 of the 82 contractors the leadership of the National Assembly claimed they were owing were not registered on the National Database of Contractors, a database of the Bureau of Public Procurement (BPP). That means they are not eligible to be awarded federal contracts.
A further check by this newspaper revealed that 17 of the 44 firms were not even registered with the Corporate Affairs Commission (CAC).
In a statement by her media aide, Oluyinka Akintunde, Friday evening, the minister confirmed releasing the fund, but said her action remained legal.
Describing PREMIUM TIMES report as ‘defective,’ Mrs Adeosun claimed that warrants were issued before the billions were moved to the lawmakers.
“The attention of the Honourable Minister of Finance, Mrs. Kemi Adeosun, has been drawn to a smear campaign by an online medium, Premium Times, of “illegally sharing of N10 billion from the national treasury”.
“The Honourable Minister wishes to debunk the entire mischievous and made-up report of the online medium which negates the ethics and professionalism of journalism. The article displays a worrying lack of understanding of Appropriation, Payments and Control, and therefore be disregarded by the public.
“The Minister further wishes to state that warrants are issued in accordance with Appropriation and after due approval by the Cash Plan Committee chaired by the Minister.”


The statement however failed to explain the process of approval for such warrant.
The minister did not also address salient issues such as the release of funds outside the budget and award of contracts to unqualified companies.
Mrs Adeosun did not also explain why she failed to conduct further due diligence by asking for evidence that the contracts were duly awarded before she approved the funds for the lawmakers.
Another explanation the minister failed to make is why her ministry preferred to give N10billion of the N20billion allocated for the payments of federal contractors to the National Assembly which has a budget that covers all its recurrent and capital spendings

https://www.premiumtimesng.com/news/top-news/265722-why-i-gave-extra-n10billion-to-national-assembly-kemi-adeosun.html

Oga Lalasticlala

Maybe Buhari has forgotten the privileges his generation enjoyed, if he had remembered, he wouldn't have called this generation of Nigerian youths lazy. These are some of what were attainable when Buhari was young as told by members of his generation.

1. An elderly women told me that during her time, education was not only free, also books and all other materials needed. She said as day students, they eat free breakfast and lunch. She said not just any how food, but huge piece of chicken, correct tea and other assorted.

2. An elderly man told me when he got admission into a federal secondary school, an official government car used to take him to school and return him home daily.

3. Was told that a present professor in the university of Benin led an aluta to protest that government substituted turkey for Chicken in their daily free meals. The man later became an oppressive dean of students.

4. A friend's father said that during their convocation, companies and government agencies would be begging them to work for them. He said even those that had pass would have lots of jobs offers to choose from.

5. A director at National Root Crop Research Institute told me that after he graduated, he wrote to the institute that he want to work with them, they replied with an appointment letter.

6. Another director in NPDC told me that during his time, after graduation, graduates would go to their local government, there they would be shown list of vacancies in all government agencies and they would chose where they want to work. He said he chosed Police Service Commission and without any interview, he was employed. He said when NNPC was established, he applied without any interview, he was sent an appointment letter. He said he took 3 months to make up his mind to work for NNPC, when he finally got there, they where glad to receive him.

This is the generation of a man that calls youths whom among them are first class graduates searching for jobs lazy.

This government is a mistake.
Buhari organized YES-P entrepreneurship competition through bank of industries millions of Nigerians youths applied, till date those that made haven't received 1k of the promised money.

Buhari organised Fadama youth entrepreneurship competition through the ministry of finance, millions of Nigerian youths applied, till date the winners haven't received a kobo.

Buhari said he is continuing with YouWIN program and organized his own YouWIN entrepreneurship competition, having chosen the winners and published there names in newspapers, he told them not to expect a kobo.

This same man is saying Nigerian youths are lazy. If you know the privileges these people enjoyed during their time, you will stone them for saying this.

Jino:
UPDATES!!!

Good morning dear comrades,
We ( The national reps)
been able to reach some agreement on the proposed protest.
After duly notifying the relevant offices in the country ( Including NASS, Senate, presidency, min. Of Finance and office of the VP), We are sure we have been civil enough and so we wait for response for a shot while, and if they don't, PEACEFUL PROTEST would be it, but we have to begin it's preparation NOW.

Because of the kind of leaders we have in Nigeria, I can assure you, that its ONLY PROTEST that works wonders in this kind of senerio and so support would be needed from ALL 5000 WINNERS. For example; most of us were involved in YESP/BOI Program, the question I want to ask you is;
Did you receive any funding?...

Well let me shock u; some selected people received, and some will soon receive, wanna know how or why?...Few protested....

Here we want to ensure that not Just a few are carried along, not just a few would be protesting and not just few... But ALL 5000 WOULD BE FUNDED.

I understand that most of our WhatsApp groups have gone dormant( and its mostly because our admins don't give us regular updates), but let us go back to our various States group n discuss how we can make this massive move a success.

This is not YESP/BOI, nor is it Npower, THIS IS YouWiN (for God's sake) and we have seen past beneficiaries with their millions, our case should never be different, but it all depends on YOU�.

WE SHALL ALL BE FUNDED!!!

Other tweets

More

Last year year, the federal encouraged young enterprising Nigerians to apply for the 2017 YouWin connect business competition. It made front page.
https://www.nairaland.com/3941954/youwin-connect-business-competition-2017/41

After winning the competition, the 5000 winners were told to forget about anything like funding and apply for the next competition that would take place this year.


The finalist took to tweeter to tell FG to fulfil her promises.

Below are some of their tweets.

Cc. Lalasticlala, Seun

mazoji:
At the end of the training there will be grant so don't worry remain focus and leave the rest to GOD

Have you done your training?

One ministry but its representatives are saying different things.

ENOCHEUNICE:
Right now we are in day 2 of the training and we're told dat we will be given a sheet for a little assessment on biz plan.I don't know if dat is going to be used for d next selection.Those that did theirs last week,were they given such?

No we were not given. Our Youwin rep was no where to be found on the last day.

Nice

odum1:


The Minister knows, she was tagged on twitter, she ignored all the things that have to do with youWin.

I just want to believe she isn't part of the deception.

mazoji:
At the end of the training there will be grant so don't worry remain focus and leave the rest to GOD

End of which training? The Youwin official Mr Yemi Bello was no where to be found in the last day of the training.

odum1:


I dont think the youwin officials have anything to do with this

I bet the minister don't know what is going on.

boxxy:
very disappointing really if only that useless certificate can even serve as colleteral in the sister company BANK OF INDUSTRY it would have made more sense very sad indeed wasted peoples time and resources.

I believe the YouWin officials are trying to hijack the process.

In Kano today

This Government is not sincere.

https://www.nairaland.com/4398648/youwin-connect-program-disappointed-us

I don't think so

https://www.nairaland.com/4398648/youwin-connect-program-disappointed-us

I don't think so

https://www.nairaland.com/4398648/youwin-connect-program-disappointed-us

odum1:



Where did they find all these ITKs?
So where will they get the information, they should go and kidnap the minister of finance , right?
What concerns GTB and Dangote with this?

The official YouWin people already told everyone that tha is the end of the program, you are here painting "What-ifs?".
How does what-if matter when the deed has already been done?

As if u r not in Nigeria , where things dont go as promised


Mstchewwww!!!

I tire for the guy.

TGM2015:

Can I ask you some questions?...

1. Have you people submitted your business plan?
2. Have they get back to you on how successful your business plan is? Note that business plan is a critical document on which decisions to fund your "learned entrepreneurial skills" will be based. In fact no financial institutions will grant you loan with a good business plan.
3. Also note that from what you posted and circled in the first picture, not all the 5,000 successful applicants will receive the fund but those who have developed greater entrepreneurial skills in their line of interest through the training and utilised it in preparing a visible and viable business plan. So are you in this category?

They didn't asked us to submit our business plan as they promised.

odum1:


But the people talking here already got an official statement when they attended the training or is it that you didnt read the posts?
And please who needs training without funds? Do you have any idea how many people already got training before they attended this?

If we knew it was only training, we would have at least known its only training.

BR

Exactly.

W

tuniski:

Funding/grant ain't mentioned nau. Only GEJ/NOI got it right with YouWin!

They said at the end of the training successful applicants would submit a business plan. The minister of finance mentioned it that there would be funding.
https://www.youtube.com/watch?v=vg1ORAvs6yM

Giggs247:


The training was a terrible one
One of dismay
One of disappointment
One of dissatisfaction
One of utmost deception!
It is sad to say that our dear country is still grappling with corrupt practices even with funds meant to empower the youths.
YouWiN has turned out to be corporate fraud in the guise of youth empowerment. All the buzz of YouWiN and their empowerment of the youth to "plan, start and grow" their businesses ends up in a quagmire of weak and extremely diluted lectures. After receiving a wonderful online training that is both exhaustive and all-encompassing one would expect that the in-house training would be topnotch! Instead we had mediocre poorly playing out a script written by mediocre as well, or worse still, reading from incorrectly and poorly designed slide. The venue and organization left much to be desired. I will not talk about the food! But to imagine that a person like me would actually fall for this fraud... I mean, all the data, all the sleepless night... I didn't bother because my eyes were on the price. To worsen the situation they had the mind to invite us from our various locations to come for an overly hyped training when they know that they do not have any good and sustainable plans for us!
Why invite us? To come and receive training, another training? For God's sake we have been training and personally I am tired of repeated training. No value added in this training. Speak all the grammar in this world about Entrepreneurship if there is no financial backup then you are only being theoretical. Among all the resources required to start and grow your business money is the king ♔. So if you shy away from it then you shy away from realising your business ideas.
If giving grant is unsustainable as the rep of YouWiN mentioned today then why does Tony Elumelu Foundation still give grant? Why does Shell LiveWire still give grant? Is it that they don't know how to use fund?... The answer is very simple! its because they are private establishment they are not Nigerian government which is soaked, clothed and bathed in the sea of corruption. Corruption has not eaten deeply into the fabrics of our country but has also become the norm such that those who are supposed to salvage the situation become the architects and builders of the corruption empire. What a pity, what a shame!

This is what the minister of finance said would be bigger and better than GEJ YouWin. What future does a nation that treats her youths like this have? Can you imagine they his the slid that contained our funding?

phyllosilicate:
Lalasticlala please help move to front page

more twitter reactions

Lalasticlala please help move to front page