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Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun (22688 Views)

Rep Storms Out Of Plenary Over Motion For FG To Present Record Of Recovered Loot / Fayose Visits Finance Ministry, Demands Payment F N1.1bn Allocation - The Punch / Former NNPC GMD Admits Ownership Of Recovered $9.8 Million Dollars (2) (3) (4)

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Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Rad1cal: 9:32am On Nov 28, 2015
Nellybii:


Like you have observed correctly, no amount of wailing and weeping will make PMB lose focus. Nairaland is not the official voice of the opposition. You have to do better than that to be noticed sorry.Nnamdi Kanu has to save himself first before Biafra. Selfish pretenders .Ibo(I before others)

And the dolt mentions Biafra and Ibo . very predictable imbec1les you lot have become.


Bwahahahahahahahaha
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by QuotaSystem: 9:35am On Nov 28, 2015
Don't be silly. I have emphasized that the funds are either recovered funds or funds saved by this government's resolve to curb wastage.

Whichever way you wailers spin, slice or dice it, it is still to the credit of President Buhari's government.

Take a hike if you're butt-hurt at the fact.


Rad1cal:


And you solemnly believe the N83 billion is returned looted funds. How do you guyz even reason ?

That 83 billion can be money accrued from numerous sources, moreso after the successful implementation of the TSA.

Have you considered the huge penalties MTN and co are facing, REMITA refunded commision e.t.c.

Must we all be zombies just to lap in all what the FG dishes even when they are questionable info.

2 Likes

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by noeloge82(m): 9:40am On Nov 28, 2015
QuotaSystem:
When PMB spoke about loot recovery and minimizing wastage in public spending where did you think the funds would go?

That the source was not immediately known by the new minister does not erase the FACT that the FG now has more money for states than there was previously (by over N80 billion) at a time when oil revenue is at its lowest, and there is no way that amount would find itself in that account if not from recovered funds.

This is Nigeria.



Bros TSA means that all fedral govt transactions are lodged in a single Acc and the people who make this lodgements are staffs of Ministry of Finance while the receiving bank is CBN at the point of ech lodgement their is a sub head if u pay in money sha u put the senders name so it is with the TSA and ordinary individual do not have access to this TSA without authorization from Finance ministry , so for u to say that the minister of that ministry is not aware that money went into the account even the CBN gives details of transaction to the Minister as the chief accounting officer of that ministry so for u to say that the minister is not aware of the operations of that very sensitive account leaves one wondering if this is the way to a better Nigeria
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by TheGoodJoe(m): 9:42am On Nov 28, 2015
noeloge82:


That's what am trying to explain u , pressmen will always ask u questions sometimes they need answers if the principal target do not provide answers , this issue arouse cos of PMB s statement that looters have started returning loots without names of looters or amount
Then if u check the monthly revenue if fluctuates cos if the FIRS receieves more remittances and more crude oil is sold it will push up d the revenue but instead of the minister to Highlight the various increases in sub heads she allowed the journalists to call the shots
If she was ready for those questions am sure she would have answered them in a manner that will not raise these controversis

She did not raise controversies. People read what they want to read. She said it is an ongoing process. The details is not released to her because this is a project the President is carrying out. The identities of these people who refunded money will go with a kind of confidentiality agreement.

She knows it is going on but she does not know the details to divulge to the press.

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by QuotaSystem: 9:44am On Nov 28, 2015
QuotaSystem:
Don't be silly. I have emphasized that the funds are either recovered funds or funds saved by this government's resolve to curb wastage.

Whichever way you wailers spin, slice or dice it, it is still to the credit of President Buhari's government.

Take a hike if you're butt-hurt at the fact.


Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by TheGoodJoe(m): 9:45am On Nov 28, 2015
noeloge82:


Bros TSA means that all fedral govt transactions are lodged in a single Acc and the people who make this lodgements are staffs of Ministry of Finance while the receiving bank is CBN at the point of ech lodgement their is a sub head if u pay in money sha u put the senders name so it is with the TSA and ordinary individual do not have access to this TSA without authorization from Finance ministry , so for u to say that the minister of that ministry is not aware that money went into the account even the CBN gives details of transaction to the Minister as the chief accounting officer of that ministry so for u to say that the minister is not aware of the operations of that very sensitive account leaves one wondering if this is the way to a better Nigeria

All this is long story. The Minister of Finance confirmed the recovery process is going on. She knows about it. So no matter how anyone tries to spin her words, she confirmed it is going on. The President kept the details away from her but she did not deny it is not going on.

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by QuotaSystem: 9:47am On Nov 28, 2015
They're desperately trying to be obstinate to the fact. Their opinions are inconsequential so let them have their fill.

It still doesn't take away our N83 Billion surplus cool.


TheGoodJoe:


All this is long story. The Minister of Finance confirmed the recovery process is going on. She knows about it. So no matter how anyone tries to spin her words, she confirmed it is going on. The President the details away from her but she did not deny it is not going on.

2 Likes

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by ODUBEZE: 9:51am On Nov 28, 2015
naijaking1:
Something tells me that this minister trying to fill Ngozi Iweala big shoes wouldn't last long under Buhari
She is only being a professional! The only way she can last even in her field is staying true to herself!
Anything contrary will lead to disaster!

1 Like 1 Share

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by ODUBEZE: 9:58am On Nov 28, 2015
chukwudi44:
Chai!! This woman don fall old bubu's hand!! I hope he dosent fire her incompetent ass (assuming this story is true anyway)
You mean COMPETENT? if any thing should happen in the finance dept. she is on her own!
my brother, not everyone likes accusation hanging on their head or likes visiting jail!

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Forwetinnah: 10:10am On Nov 28, 2015
...Booooohari's a big Scam!! There's nothing like recovered loot!! He's just using those stories to make the international community think he's fighting corruption when he's neck deep into the shiiiiiit. Even if those funds were returned, they go straaaight into Aisha's private accounts or businesses
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by ODUBEZE: 10:11am On Nov 28, 2015
doctokwus:

Honestly this was one minister that one found fault with PMB.Her antecedents in Ogun state were even a further minus.Painfully enough, she is living up to the very low expectations of her.
To compound her shortcomings,she doesn't seem to know how to properly address issues without making the presidency look bad.Her future is indeed not bright.
In all honesty, how would she have presented the issue?
This is a minister being accused of not knowing her terrain! Now while other ministers have resumed work, she is yet to get a proper handing over!
For Christ sake you cannot be afraid of telling the truth and still do your job well!
Since the appointment of ministers took this long, it is expected that they go straight to work!
What is the delay now?
Truth they say shall set us free.

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by ibitzbarlow(m): 10:21am On Nov 28, 2015
Rad1cal:


And you solemnly believe the N83 billion is returned looted funds. How do you guyz even reason ?

That 83 billion can be money accrued from numerous sources, moreso after the successful implementation of the TSA.

Have you considered the huge penalties MTN and co are facing, REMITA refunded commision e.t.c.

Must we all be zombies just to lap in all what the FG dishes even when they are questionable info.

You forgot to add the billions of Naira in penalties on First Bank, Skye Bank and one other bank for not returning NNPC's accounts to the TSA.
Those defending the minister and PMB also forget that revenues fluctuate and are not constant every month. Besides, there are some revenues (JVs and govt interests ) that come in once a year (e.g. the NLNG payments in June). All these could have increased our earnings in October.
Let's also remember that we have been having difficulty selling our crude. This could also result in deferred sales, payments/proceeds from our oil exports.

Finally, I want to believe that with the TSA, any unexpected or unplanned revenue receipt wouldn't go unnoticed. So, my conjecture is that the minister probably knows nothing about the returned loots, she knows about the loots but do not have all the details and so decides not to mention the amount or she knows all about the returned loots but hasn't been authorized to release the figure to the public.
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Nobody: 10:29am On Nov 28, 2015
President boo boo don't let us boo you at the end oo


Get a Google adsense account today and earn money on your blog. Pm me if interested
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by TheGoodJoe(m): 10:59am On Nov 28, 2015
Rad1cal:






You guyz are not even smart, how can the finance minister not be aware of entries into an account she is drawing from ? Then what is the use of the TSA ?

More money been shared doesn't automatically mean looted funds were returned.

We are pointing out she did not deny that the recovery process is taking place as the headline and comments on this article suggest. Due to more money in the system, it made people ask about recovered loot.

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by zionglory(m): 11:00am On Nov 28, 2015
naijaking1:
Something tells me that this minister trying to fill Ngozi Iweala big shoes wouldn't last long under Buhari
Evil spirit is ministering to you,a prophet of doom.

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Forwetinnah: 11:10am On Nov 28, 2015
Flets:
Buhari might be the biggest thief ever. He might have been distracting Nigerians while accumulating the loot of his life.

Besides such man who rose to presidency on the most corrupt platform ever funded by loots from Amaechi and Tinubu has no moral right to fight corruption. He's even more corrupt than most.

Don't mind the blaming blamer
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by doctokwus: 11:24am On Nov 28, 2015
ODUBEZE:

In all honesty, how would she have presented the issue?
.
"For now, I don't have all the details, as soon as I get them from the presidency, it wud be made known".
Or, "I am new,what we are sharing are accruals for last month,the issue of returned loot, I intend meeting with the cbn governor on it, to get further information and the status report".
There are more than 10ways of addressing that issue,certainly the way she did wasn't one of them.It can even be interpreted as an indictment of the president.
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by tete7000(m): 11:26am On Nov 28, 2015
Who believed the story of recovered loot before? All na continuation of APC lies and propaganda. They come to power on the wings of propaganda, they hope to secure themselves in power with more of lies and propaganda. Tell the President the three months within when he promised to recover loots don pass tete. He should tell us more lies jare.Awon olodo cheesy
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by vickbaze: 11:29am On Nov 28, 2015
I’m determined to fight corruption in tertiary institutions, says Buhari

PRESIDENT Muhamadu Buhari has assured that the problems being encountered in the tertiary education sub-sector as regards the implementation of the Treasury Single Account (TSA) will soon be addressed

He gave the assurance during the 27th convocation ceremony of the Federal University of Technology, Akure (FUTA), Ondo State.

The President said his attention was drawn to the resultant discomfort the implementation of TSA has caused in the academic and administrative activities in tertiary institutions in the country.

Speaking through the Executive Secretary of the National Universities Commission (NUC), Prof Julius Okogie, he explained that the TSA policy was introduced in order to enthrone financial discipline and curb corruption in the country.

The TSA was “introduced for a good cause and the issues involved in its implementation as it affects tertiary institutions are being addressed.”

The President reiterated the ‘zero-tolerance for corruption’ by his administration, saying he was determined to lead by example.

“We shall obey our laws and shall be transparent, accountable, just, fair and demonstrate integrity in all our undertakings.

“The leadership of this university should therefore, continue to be prudent, transparent and accountable in the management of both human and materials resources.

“Government is determined to fight corruption at all levels including corruption in academics in our tertiary institutions.

“We cannot speak of effective and efficient funding of the education sector if our universities are mired in crises, confusion, fraud and lack of institutional vision.

“I must at this point call on universities to be at the vanguard of the fight against corruption and eroded ethics, which constitute a major component of our societal ills.

“We must all endeavour as citizens and members of the academic community to enthrone the spirit of hardwork, honesty and inspirational leadership which are the hallmark of any citadel of learning.”

The President said the need for the diversification of the economy is ripe now considering the dwindling fortune of oil in the international market and charged universities to join hands with Federal Government in the onerous task.

The Vice Chancellor of the university, Prof Adebiyi Daramola in his address said 4,435 students graduated with various degrees from the university with 28 of them having first class

source:http://www.vickbaze.com/2015/11/28/im-determined-to-fight-corruption-in-tertiary-institutions-says-buhari/

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Johnsmartinyang(m): 12:05pm On Nov 28, 2015
Okimski:
Finance minister don't know about the money then, what is the use of the finance minister?
Baba one chance indeed

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by fallout87: 12:31pm On Nov 28, 2015
TheGoodJoe:


She did not raise controversies. People read what they want to read. She said it is an ongoing process. The details is not released to her because this is a project the President is carrying out. The identities of these people who refunded money will go with a kind of confidentiality agreement.

She knows it is going on but she does not know the details to divulge to the press.

You truly are foolish. Only someone who has lived in a village for all their life would even entertain such nonsense talk much believe it.

There is something called transparency in democratic governance which completely impedes Buhari from doing a secret thing as what you state. It is impossible. As the Finance Minister she gets the highest clearance for economic, financial and other monetary issues. There is nothing she didn't know about pertaining to these.

If Buhari did what you claim it is tantamount to theft. It is illegal. It is something done only during a brutal dictatorship. It is precisely the lie Abacha and his family told in order for them to jettison billions of dollars; and even that the finance Minister STILL had knowledge of the situation.


Some of you are idiots. Pure fools. The lack of education is obvious
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by sukkot: 12:36pm On Nov 28, 2015
abiambo:
Just to inform the APC led federal govt. That the last assembly pass the right to information bill.. when it's about our money or our sodiers, we Nigerians have the right to be properly informed. We say no to dictatorship, u have a responsibility to keep us informed about our commonwealth. A whole 105 killed and u cover it up, u claim billions are being returned, u cover it up, who told dem dey have such right
#Proudly5%
you must think we live in the west. you have the right to shut the fc-uk up or a bullet will ricochet through your empty skull. thats the nigerian way. deal with it or relocate to saturn lipsrsealed

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Rad1cal: 1:22pm On Nov 28, 2015
QuotaSystem:
Don't be silly. I have emphasized that the funds are either recovered funds and funds saved by this government's resolve to curb wastage. Whichever way you wailers spin it, it is still to the credit of President Buhari's government.

Take a hike if you're butt-hurt at the fact.




You only emphasized your terrible sycophancy . TSA implementation is the key mate and not your phantom looted fund recovery


We can't all be as daft as the rest of you who can die for your gallivanting lying dunce of a president.
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Rad1cal: 1:24pm On Nov 28, 2015
ibitzbarlow:


You forgot to add the billions of Naira in penalties on First Bank, Skye Bank and one other bank for not returning NNPC's accounts to the TSA.
Those defending the minister and PMB also forget that revenues fluctuate and are not constant every month. Besides, there are some revenues (JVs and govt interests ) that come in once a year (e.g. the NLNG payments in June). All these could have increased our earnings in October.
Let's also remember that we have been having difficulty selling our crude. This could also result in deferred sales, payments/proceeds from our oil exports.

Finally, I want to believe that with the TSA, any unexpected or unplanned revenue receipt wouldn't go unnoticed. So, my conjecture is that the minister probably knows nothing about the returned loots, she knows about the loots but do not have all the details and so decides not to mention the amount or she knows all about the returned loots but hasn't been authorized to release the figure to the public.

Absolutely.
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by QuotaSystem: 1:28pm On Nov 28, 2015
Typical doofus, are funds saved through TSA not funds saved by this administration?

You fail to comprehend that the processing of the recovered funds are ongoing.

Keep chasing your tail.


Rad1cal:



You only emphasized your terrible sycophancy . TSA implementation is the key mate and not your phantom looted fund recovery


We can't all be as daft as the rest of you who can die for your gallivanting lying dunce of a president.



2 Likes

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Rad1cal: 1:36pm On Nov 28, 2015
QuotaSystem:
Typical doofus, are funds saved through TSA not funds saved by this administration?

You fail to comprehend that the processing of the recovered funds are ongoing.

Keep chasing your tail.



With the TSA implementation, your silly points in defense of the lying gallivanting dull president is muted.

With TSA, more funds are expected in the federation account since it is centralized . Only M0rons believe a surplus can only refer to returned looted funds. Revenue generated monthly stagger a lot.


Only retarrds like you believe otherwise.
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by QuotaSystem: 1:41pm On Nov 28, 2015
You remain pointless in your brazen display of thoughtlessness.

This is the same TSA that your lame clueless duck Jonathan failed to implement despite having the idea incubated for him under his tenure.

I understand your frustration at President Buhari's sterling ability to curb wastage and profligacy in governance.


Rad1cal:


[s]With the TSA implementation, your silly points in defense of the lying gallivanting dull president is muted.


Only retarrds like you believe otherwise. [/s]

2 Likes

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by eagleeye2: 1:47pm On Nov 28, 2015
oshyno:
no amount of wailing n screaming will make him change. If the noise becomes too much, he takes d next available flight to anywhere but Nigeria.

Gbam. We should all Siddon look and pray for 2019 to come quick.

1 Like

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Rad1cal: 1:48pm On Nov 28, 2015
QuotaSystem:
You remain pointless in your display of thoughtlessness.

This is the same TSA that you lame clueless duck Jonathan failed to implement despite having the idea incubated for him under his tenure.

I understand your frustration at President Buhari's sterling ability to curb waste.



He failed to implement it , yet your geriatric dullard adopted it hook, line and sinker without his own inputs or subtle review.


Shows what this admin is all about, Copy and Paste , while lying to the world at it.


His foolishness is rubbing off on shameless nonentities like you.
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by QuotaSystem: 1:55pm On Nov 28, 2015
Your failure of a President should have at least copied and pasted an ordinary borehole in his impoverished community that are begging for potable water..

Its not rocket science to see why you idolize a fellow dim-witted, shallow thinking and unintelligent failure of a President
grin.



Rad1cal:

[s]
He failed to implement it , yet your geriatric dullard adopted it hook, line and sinker without his own inputs or subtle review.


Shows what this admin is all about, Copy and Paste , while lying to the world at it.


His foolishness is rubbing off on shameless nonentities like you.[/s]

2 Likes

Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by Rad1cal: 2:05pm On Nov 28, 2015
QuotaSystem:
Your failure of a President should have at least copied and pasted an ordinary borehole in his impoverished community that are begging for potable water..

Its not rocket science to see why you idolize a fellow dim-witted, shallow thinking and unintelligent failure of a President
grin.




Am surprised the "a fellow dim-witted, shallow thinking and unintelligent failure of a President" is the hallmark of this admin so called achievement (shamelessly stolen) . Shows how sadly depraved, uninspiring and dreadfully dull, the gallivanting liar is.

The same failure constructed schools for those impoverished and enslaved by your geriatric lying President. He even helped their lots by building irrigation dams so that they don't starve .

While at it, when the gallivanting dullard returns, he needs to release the names of those who returned loots in his "ongoing recovery process". grin


Bloomberg Writes Off Buhari: “He Has No Capacity To Run Nigeria
Source: http://thewhistler.ng/story/bloomberg-writes-off-buhari-he-has-no-capacity-to-run-nigeria

http://www.bloomberg.com/news/articles/2015-11-26/buhari-bounce-becomes-bust-as-nigeria-policies-annoy-investors

They must surely be Wailers just six months in .

Bwahahahahahahahahahahaha
Re: Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun by nworanco(m): 2:06pm On Nov 28, 2015
Buhari is incapable to lead Nigeria in a Democratic system of Govt. He does everything secretly as a military man. Could u imagine a whole office of finance minister has not been briefed and handed over the details of so called RETURNED loots.

Is TSA no been using as we were told by Mr Buhari?
Because the finance minister must see everything if the TSA is in use.
One thing I could understand in this govt and the that leads the country now (apc) that they are full of propagandist. All they have been saying for about 5months now are on their lips non has been met, rather worst is happening in the country than before.
Let me tell u the situation in Nigeria now are quite perfect similar cause of WAR that lavaged those African war torn countries, let pray Nigeria will not be the same.

APC had just started pushing Nigerians to the wall.

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