The political enviroment is becoming more like the entertainment industry.
Accusations,pictures yet no direction.

These people just talk before they think. Between buhari and apc only God knows who's is wiser. They all seem like a sheep crossing an express road to me. If one crosses, the rest must cross not minding if a car is advancing. If one jumps an imaginary hurdle, the rest must too. Seems more like programmed robots to me. Okonjo keeps making a fool out of this confused government saying what is always different from what is on ground. Maybe they are blind or maybe they are just CLUELESS.

Kindly notify known graduate Engineers (Chemical, Petroleum, Mechanical, Electrical & Civil) to send CVs for a new refinery, to ambello@eemslimited.com

t2luv1:



Okay lets accept her explanation regarding the non diversion of funds. Now that we know what happened to the funds, let us now investigate if the listed projects (IN BOLD) were actually carried out. Nigeria press to me does not know how to do follow up investigation. The woman has given her deposition now let us find out if she is telling the truth or not.

We don't have journalists in this country. Just public relation hatchet men and women.

Gboliwe:
I just like the way this woman handles her accusers. She's so unruffled and speaks with so much confidence. Quite unlike Fashola who talks about swimming and dancing dirty with his pig friends

Blind loyalty ain't good for the soul my brother. When are we going to start making comments base on the merit pertaining to the subject instead of blind allegiance to tribal.

This report doest not in anyway give the breakdown of the misdiverted $600m which is the crux of the matter. By the way, this said report claiming that $500m was used to expand those international airport terminals give credence to the allegations being purported by this current administration; that funds from the loan were not used for what they were initially collected for

handie:
Wait! The loan is meant for rail projects ba? In a situation where loans meant for the rail sector is being used for expansion of airport terminals, hydro electric power projects and a galaxy backbone project, is that not diversion? How does expansion of airport terminal affect development of the rail sector? Buhari said and I quote: [b] President Muhammed Buhari Monday in Abuja
called for an explanation from the Ministry of
Finance on the foreign loans obtained for rail
projects but diverted to other purposes.
Speaking at the end of a presentation on the
Ministry of Transport by the Permanent
Secretary, Mohammed Bashar at the
Presidential Villa, President Buhari said that it
was disappointing to find that foreign loans
obtained in line with signed agreements were
moved from one project to another.
“I hope that due process was followed before
such diversions were carried out. Taking money
from one project to another has to be done
properly,” Garba Shehu, his senior special
assistant on media and publicity, quoted the
President as saying.
Mr. Buhari was reacting to the specific instance
of the diversion of a substantial part of the loan
of USD1.005 billion from the Chinese Exim
Bank, obtained for the construction of a
standard gauge rail line linking Lagos to Kano
but which was moved elsewhere. [/b]. Source:www.premiumtimesng.com/news/188134-buhari-launches-probe-into-alleged-diversion-of-1billion-loan-for-rail-projects.html Now, how is this NOI statement different from Buhari's statement? Was the loan meant for airport terminal expansion?

Please help me ask them......the money was meant for rails how come three airport was now been attended to? Clear diversion of funds as stated by buhari....

Kindly notify known graduate Engineers (Chemical, Petroleum, Mechanical, Electrical & Civil) to send CVs for a new refinery, to ambello@eemslimited.com

handie:
Wait! The loan is meant for rail projects ba? In a situation where loans meant for the rail sector is being used for expansion of airport terminals, hydro electric power projects and a galaxy backbone project, is that not diversion? How does expansion of airport terminal affect development of the rail sector? Buhari said and I quote: [b] President Muhammed Buhari Monday in Abuja
called for an explanation from the Ministry of
Finance on the foreign loans obtained for rail
projects but diverted to other purposes.
Speaking at the end of a presentation on the
Ministry of Transport by the Permanent
Secretary, Mohammed Bashar at the
Presidential Villa, President Buhari said that it
was disappointing to find that foreign loans
obtained in line with signed agreements were
moved from one project to another.
“I hope that due process was followed before
such diversions were carried out. Taking money
from one project to another has to be done
properly,” Garba Shehu, his senior special
assistant on media and publicity, quoted the
President as saying.
Mr. Buhari was reacting to the specific instance
of the diversion of a substantial part of the loan
of USD1.005 billion from the Chinese Exim
Bank, obtained for the construction of a
standard gauge rail line linking Lagos to Kano
but which was moved elsewhere. [/b]. Source:www.premiumtimesng.com/news/188134-buhari-launches-probe-into-alleged-diversion-of-1billion-loan-for-rail-projects.html Now, how is this NOI statement different from Buhari's statement? Was the loan meant for airport terminal expansion?

please read her reply very well before commenting

lanrema:
Nigerians will be shocked when this people are probed and nothing is find missing just propaganda

The reason why they cannot probe. They will find nothing. Nigeria witnessed a lot of project execution ever seen in across Nigeria during GEJs tenure so lots of money was spent.

Let them probe and stop all these media propaganda, Nigerians are tired of allegations.

A party built on Joe Gobbels styled lies,VP said PMB will personally lead the war against insurgency.Nigerians love lies.I hope bankers are bracing up for loss of jobs coming in banking sector due to all these policies.God will deliver us,I wonder when Oshiomole turned certified auditor.Watching from my 3D

handie:
Wait! The loan is meant for rail projects ba? In a situation where loans meant for the rail sector is being used for expansion of airport terminals, hydro electric power projects and a galaxy backbone project, is that not diversion? How does expansion of airport terminal affect development of the rail sector? Buhari said and I quote: [b] President Muhammed Buhari Monday in Abuja
called for an explanation from the Ministry of
Finance on the foreign loans obtained for rail
projects but diverted to other purposes.
Speaking at the end of a presentation on the
Ministry of Transport by the Permanent
Secretary, Mohammed Bashar at the
Presidential Villa, President Buhari said that it
was disappointing to find that foreign loans
obtained in line with signed agreements were
moved from one project to another.
“I hope that due process was followed before
such diversions were carried out. Taking money
from one project to another has to be done
properly,” Garba Shehu, his senior special
assistant on media and publicity, quoted the
President as saying.
Mr. Buhari was reacting to the specific instance
of the diversion of a substantial part of the loan
of USD1.005 billion from the Chinese Exim
Bank, obtained for the construction of a
standard gauge rail line linking Lagos to Kano
but which was moved elsewhere. [/b]. Source:www.premiumtimesng.com/news/188134-buhari-launches-probe-into-alleged-diversion-of-1billion-loan-for-rail-projects.html Now, how is this NOI statement different from Buhari's statement? Was the loan meant for airport terminal expansion?

Is it that you can't read or comprehension is your problem?

Femolacaster:
Dont worry madam, when it's time, they will invite you for hearing!

won si ma pe yin ko ti kan yin

CSTR2:
Intelligent woman .
The fact that she left the trills of heading and controlling a global world bank for a crappy Nigeria is very stupidd though.
Next time you would learn not to muddle yourself in that muddy political waters of the Nigerian zoo.

Foolish man. She was a glorified clerk over there and she was no more than a token affirmative action candidate. That's why she jumped at the opportunity twice. She had zero power and did not even report to the senior management team let alone the board or committee at the world bank. The finance minister was well beyond her level. Useless thief. NOI you are thief.

eleven:
And the embarrassments continues...we are being embarrassed on a daily basis because the ruling party in its rush to sustain the lies that brought it to power is taking common sense for granted. Making useless allegations without simple fact check.

How could President Buhari, the perm sec and the whole of APC not know that the Chinese loan for Lagos-Kano rail was not given? Very simple check would have solved this. Time and time again, they keep underestimating the intellectual prowess of NOI and again she keeps educating them on very simple basic things.

Since the president & APC are very desperate to indict her, him and his team should at least take their time to do a thorough job and save us from further embarrassment. They have all the tools, datas and powers to audit and indict her since it's a must. At least be or pretend to be professional. It's a shame really. Too shameful for Nigeria as a serious country.

NOI doesn't look like someone who would wrestle pigs and be stained. The pigs need to do their due diligence to know areas where they can touch and stain her if they must stain her.

U are a matured spokesman who reasons before commenting unlike many people here. Buhari has every documents on his table to properly look into before shouting or rushing to the media. He (Buhari ) should know that the woman in question is more intelligent and educated than himself, and even more prepared to defend herself than Buhari. So my advice to Buhari is not to listen to Apc chieftains careless and ill advices, rather he should work harder in his investigations properly before rushing to the media.

Madam Ngozi, plse don't waste ur time to explain cos dis APC people will never understand... am not sure if they even know d meaning of "MILESTONE" in project management..


u did ur best for dis country Ma and God will surely remember u for good.

Verily i saw unto u this Ngozi okonju Iweala is a professional thief.... This loan was obtained for the purpose of rail project in nigeria...we no even see any corect and functional rail system...but they now diverted about $600m to aviation inside their pockets...we can't be deceived only fulls can....most of those rail lines were in existence since early 1980s.

alaoeri:
The money wasn't diverted yet no tangible project to show for definitely something is missing.

Since you are living in Mars, let me help you, here you go

Abuja Kaduna Rail line Video:
https://www.youtube.com/watch?v=Uulb-XKdOD8&list=PLBewiU-FGdrKVbhPX1zdi033SDFgVN6-m

simongonner:
The immediate past Minister of Finance, Dr Ngozi Okonjo-Iweala, on Sunday described as untrue allegation that a substantial part($600m) of the $1bn Chinese loan obtained for railway projects, was diverted.

Okonjo-Iweala, in a statement by her Media Adviser, Mr Paul Nwabuikwu, also explained that contrary to the allegation, the Kano-Lagos rail project was not part of the project listed for funding from the Chinese loan.
President Muhammadu Buhari had last Monday queried the Ministry of Finance for alleged diversion of foreign loans obtained for rail projects by the administration of former President Goodluck Jonathan.

Specifically, the President was seeking clarification on alleged diversion of a substantial part of a $1.005bn loan obtained from the Chinese Exim Bank for the construction of a standard gauge rail line, linking Lagos to Kano.

The funds were said to have been moved elsewhere.

Okonjo-Iweala, who spearheaded the negotiation for the loan during her time as finance minister, said the China-Exim Bank kept and disbursed funds for approved projects to contractors based on milestones.

The funds, she added, were not domiciled in the Finance Ministry.

Giving a breakdown of the loan and how it was utilised, the minister said $500m was used for the expansion of four International Airport Terminals in Lagos, Kano, Abuja and Port Harcourt; $500m for the Abuja Light Rail project; $984m for the Zungeru Hydro-electric power project and $100m for the Galaxy Backbone project

The minister, in the statement, noted that even if the alleged project was on the list of China-EximBank funded projects, diversion of any Chinese funds would have been extremely difficult because the terms of the contract and the processes would simply not have permitted such action.

The statement reads in part, “We have continued to receive media inquiries regarding an allegation reportedly made by the Permanent Secretary, Ministry of Transport, Alhaji Mohammed Bashar, that a substantial part of a $1bn loan obtained from the China-EximBank by the Jonathan administration for a Kano-Lagos rail project was diverted to other projects.

“I want to state categorically that there is no truth in the reported allegation. Anyone who is interested can cross-check with the China-EximBank or the Chinese Embassy.

“It is noteworthy that even though President Buhari, in his reported comments on the allegation, made no reference to Dr. Okonjo-Iweala but rightly stressed the need for due process and transparency in the execution of public projects, a sponsored media campaign has once again been launched by political elements to make the former Minister the culprit in a non-existent scandal.

“The alleged diversion has no substance for the simple reason that the Kano-Lagos project was not even among the projects presented for funding by the China EximBank for several strategic infrastructural projects across the country.

“In fact, it was the Lagos–Ibadan rail project, not Lagos-Kano rail project that was proposed in the original application to the China-EximBank. But in the end, no funds were assigned for the Lagos-Ibadan rail project by the China-EximBank.”



http://www.punchng.com/news/600m-chinese-rail-loan-not-diverted-okonjo-iweala/

Honestly it will take any other tribe in Nigeria 200 yrs to produce a woman of ngozi's calibre. Presently she is rated among the first 100 world greatest person along side with the Dangote been the only Nigerian with her in the list. Wole Sonyinka with his nobel prize didnt feature in the 100 list. She is rated among the first 40 making her africas greatest and strongest personality with Dangote been in the distance first 70. I have my respect for Ngozi and i hope you too show her that respect. She talkless thereby making Buhari's deceitful and lies orientated government a shit with her matured open verifiable unquestionale facts and figures.

ibedun:


Foolish man. [b]She was a glorified clerk [/b]over there and she was no more than a token affirmative action candidate. That's why she jumped at the opportunity twice. She had zero power and did not even report to the senior management team let alone the board or committee at the world bank. The finance minister was well beyond her level. Useless thief. NOI you are thief.

One question for you.






What do you do for a living?

megamank:


Please help me ask them......the money was meant for rails how come three airport was now been attended to? Clear diversion of funds as stated by buhari....

Exactly!! This bare faced tribal allegiance is the reason these fifth columnist Biafrans are pissing me off.

Trailblazer1:
Ngozi okonjo Iweala doesn't even have time for all this baseless trash allegations

She is not in the same intellectual hemisphere with the ignorant Oshiomhole and other haters, reason she has delegated the job to her spokes person to engage whoever is jobless

You just said it all. These block heads that can't even read and understand what is on paper. I meant simple terms of agreement between a Chinese bank and a Nigeria government wants to engage a world renowned Icon of finance on financial matters? Hahahahaha. This is not gworo chewing competition for Allah's sake. Hahahahaha. Apc once more has proven themselves as a group of illiterates that can't even assimilate simple terms of agreement. Nigeria my Nigeria! Where are we heading to?

Femolacaster:
Dont worry madam, when it's time, they will invite you for hearing!

Yes, invite her in your Dream. Dreamer

Am not for or against for NOI but your comment makes little sense. A woman who attended Harvard is the one you calling glorify clerk? What is your qualification? have you ever step out of Nigeria before? For your information, average Americans can not get into Harvard so you should appreciate Nigerians who do.

ibedun:


Foolish man. She was a glorified clerk over there and she was no more than a token affirmative action candidate. That's why she jumped at the opportunity twice. She had zero power and did not even report to the senior management team let alone the board or committee at the world bank. The finance minister was well beyond her level. Useless thief. NOI you are thief.

amazingspiderma:


One question for you.






What do you do for a living?

I am a chartered accountant in a London based financial institution. Happy now.

Papasmal:
Buhari appoint ur ministers now...no tym ooo.

I think buhari wil better of EEFC chairman than been a president of this country.

This probe here and there getting boring

He is better of drinking Kunu with his grandchildren. its very obvious this so called changi has nothing to offer this country. I see NOI handling a state better as a governor cos the requisite functions of an administrator is very clear to her.

Still waiting for my 10k allawee accrued for
two months.

Still waiting for school pupils to be fed by Fg.

Still waiting to hear Fg generated 10000mw power for 2015.

Still waiting for health centers in every 3kms


aaaaaaaaah wetin i dey wait for plenty oooo. No more Sai Buhari. Its now probe probe.

Boko haram's was gradualy bcoming a thing of the past but now nko?

Our youths are not employable- Buhari
I never said i'll declare my assets-Buhari.

CHANGE MY BLACK NY*SH!!!!!

Dr okonjo iweala was on top of her ministry, wake her up and Ask her about any budgetary allocation. She reels it off book. U can't use her for ur silly apc propaganda.

U got power with propaganda and want to rule with propaganda, ur end is near.


Silly apc animals

mbulela:

Take a trip to the ph airport and you will stop defending fraud.

I don't need to travel down there...Kindly read up the ministry of aviation report on said project...thankz

Who takes a govt that could not find his bearing in 3 months serious again.
Such a confused set of people at the helm of governance in Nigeria.

Okonjo Iweala happens to be one of the best brain this Country has. She served two different govt as a finance minister, well exposed and experienced.
Even Osinbajo is no match for her not to talk of the President Buhari President. When Baba go slow is ready to run, he should please let us know.

seankay:
But madam, where is the money?

When you wake up from your dream. You have been scam fiam. Ndoo.