Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct - Politics (2)

Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct (3479 Views)

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Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by UnknownT: 7:22pm On Jun 23, 2015

We will be here when the governors will turn around and ask him to explain how this money was spent. He better make sure he has a finance minister before anything.
Btw, thought he met an EMPTY treasury?

3 Likes

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Nobody: 7:23pm On Jun 23, 2015

henchamb:
What is this one saying bikonu.
So u were deaf or were u seeking for protection when amaechi was shouting on top sovereign wealth fund

What are you saying?

2 Likes

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Freelancer00(m): 7:25pm On Jun 23, 2015

barcanista:
What happened to the $20b ECA that was shared in 2012? This Buhari is a funny man and directionless. The ECA fund was meant for Sovereign Wealth Fund that will form part of our savings for the future on the event of crises and economic melt down. So Buhari plan is to dry us? This is a sad development

Ask why the ECA was shared in 2012. Because moneey was becoming breeze and just moved. Isn't it? Now he's planning to have 1 account for transparency annd you're wailing up and down.

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Nobody: 7:26pm On Jun 23, 2015

Well it is not the fault of the president that those states owe salary for months. What he is doing now is to stabilize the system so that nobody would say he owe salary for so so and so months in the future. With that in mind. I think another step is to scrap the immunity of these state governors so that even while in office they would be held accountable for any corrupt charges levied against them in terms of siphoning of public funds meant to pay salaries and development the state.

codedguy1:
We are in serious trouble in this country! From cluelessness to dullardness. Are we cursed?

The govs are the ones advocating for this again! My question now is, will the money be shared only amongst the states that are owing or to every state, because that money belongs to us all and if some state govs mismanaged their allocations and get bail out it then means those who did not mismanage are either stupid or will also start deliberately mismanage funds because their is a precedence of bail out now fro the ECA.

Some people are saying the monies will be given to the states with conditions of paying back with interest? I laugh, because a state that is in deficit now and can't pay workers will not be able to pay back. The fed govt will deduct from the states allocation which was not enough before to payback this bail out and the state will continually be indebted to the FG for life unless they start producing and selling something to generate other sources of revenue. Since they did not do this when the going was good, how will they do it now when they are begging for money for recurrent purposes. Am still laughing!

Until we review our constitution and restructure the country, we are just moving round in circles.

1 Like

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Gogetta(m): 7:33pm On Jun 23, 2015

barcanista:
What happened to the $20b ECA that was shared in 2012? This Buhari is a funny man and directionless. The ECA fund was meant for Sovereign Wealth Fund that will form part of our savings for the future on the event of crises and economic melt down. So Buhari plan is to dry us? This is a sad development

You wey get direction. NFA oshi!

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Nobody: 7:44pm On Jun 23, 2015

I think from now on. States has to bring their budget henceforth to the finance ministry after approval by the state assembly

AfricanGod2:
What happens after the governors have paid the arrears, what then? The savings of over 150 million people would have been used to pay about 1 percent of the population and 6 to 8 months from now the governors will begin to look for cash again because they momentarily solved their solution using an unsustainable means. So what would you do when this happens? Sell off national assests to pay workers?

....maybe you're a worker yourself so your judgment may be clouded.

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Emekamex(m): 8:04pm On Jun 23, 2015

Buhari is getting more senile as the day goes by. What they should have discussed was how to make the states financially independent.

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by codedguy1(m): 8:10pm On Jun 23, 2015

Its actually not a bail out per se. The Govs asked that monies owed them from fed govt projects they did in their respective states be refunded to them.

Its only the 1.6B tax that the NLNG just paid that they asked to be shared amogst the states.

They must share something sha.

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by coolitempa(f): 8:10pm On Jun 23, 2015

agabaI23:
Based on what? Sharing excess crude money? The same thing GEJ did you used it to campaign against is what you are now applauding? Is this country sick?

It's a temporary position to allow the government get into the swing of things....and given the ongoing competition between the different states, you can be rest assured that revenue generating programs will be implemented..... cool

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by coolitempa(f): 8:12pm On Jun 23, 2015

barcanista:
You are not serious

......is anything disputable about my postulations huh

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Pebcak: 8:19pm On Jun 23, 2015

lomaxx:
Finally, a government with direction.

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Okaka27(m): 9:10pm On Jun 23, 2015

barcanista:
What happened to the $20b ECA that was shared in 2012? This Buhari is a funny man and directionless. The ECA fund was meant for Sovereign Wealth Fund that will form part of our savings for the future on the event of crises and economic melt down. So Buhari plan is to dry us? This is a sad development

I can feel your hate brother....nothing PMB will do or say dat u won't criticize, even if he writes u a cheque of $60 Billion. grin

so am afraid you will have to kill urself grin

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Okaka27(m): 9:11pm On Jun 23, 2015

barcanista:
You are not serious

KILL URSELF ON TOP PMB MATTER

SICK TANOID

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Okaka27(m): 9:15pm On Jun 23, 2015

Stupidity. Jesus Christ of good Nazareth please come to Nigeria's aid. No finance Minister would advice this, but buhari that didn't even attend university has taken the policy decision without any advice. E GBA MI OO

its obvious ur parents are not among those the FG was owing for 7months because of ur Master GEJ.

its either u d dullard or u re putting sentiments into issues like dis

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Nobody: 9:22pm On Jun 23, 2015

barcanista:
What happened to the $20b ECA that was shared in 2012? This Buhari is a funny man and directionless. The ECA fund was meant for Sovereign Wealth Fund that will form part of our savings for the future on the event of crises and economic melt down. So Buhari plan is to dry us? This is a sad development

I'm sure you either know or can check. There's shortfall between what was shared in 2012 and what remains in national coffers. Besides what other economic meltdown is worse than workers being owed for months. If you talk about checking the profligate lifestyle of the governors, I'll say you have a point. But the ECA is not backed by any law and the supreme Court has ruled to that effect.

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by agabaI23(m): 10:35pm On Jun 23, 2015

coolitempa:
It's a temporary position to allow the government get into the swing of things....and given the ongoing competition between the different states, you can be rest assured that revenue generating programs will be implemented.....

If that makes you sleep better, believe it

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Nobody: 10:41pm On Jun 23, 2015

Weldone the peoples general
Meanwhile please patronize Hary Building Concept. As the best awaits you with us. Thanks.

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by stevecantrell: 10:54pm On Jun 23, 2015

barcanista:
What happened to the $20b ECA that was shared in 2012? This Buhari is a funny man and directionless. The ECA fund was meant for Sovereign Wealth Fund that will form part of our savings for the future on the event of crises and economic melt down. So Buhari plan is to dry us? This is a sad development

That cash is like Nigeria's "Last Card" what happens after that ? I wonder...

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by Xaintkelvin(m): 2:04am On Jun 24, 2015

sentix:
Finally we have a Presidential President!!!
No more methanol drinking at Aso Rock!!!

i heard methanol causes blindness

Re: Buhari Sets Committee Headed By Osinbajo To Immediately Share Excess Crude Acct by AhmadMind: 5:16am On Jun 24, 2015

UnknownT:
We will be here when the governors will turn around and ask him to explain how this money was spent. He better make sure he has a finance minister before anything.
Btw, thought he met an EMPTY treasury?

[size=18pt].....Osinbajo, to examine the POSSIBILITIES of ..."...SHARING.." ...money from the Excess Crude Account,...

Any discussions about CREATING wealth so far.... Didn't fink so.

oooops.... these same governors illll some day ask "oga why did you go around spending the eca"

Nollywolly of .....#sharing govt loading..

[/size]
..

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