₦airaland Forum

Mrs. Kemi Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, resigned yesterday, saying in line with the Buhari administration’s stance on integrity, it was honourable for her to resign over allegations on her NYSC exemption certificate.

Here is a brief highlights of her activities in office



Efficiency Unit:

One of her major initiatives is the Efficiency Unit (E-Unit) established in November 25, 2015 to ensure that all government expenditures are necessary and represent the best possible value for money. Prior to her assumption of office, available records showed that the nation’s recurrent expenditure completely dwarfed capital expenditure by a ratio of 84/16. This included non-wage related overhead expenditure such as travel costs, entertainment, events, printing, IT consumables, and stationeries, among others. Since its creation, the unit has been monitoring the MDAs, identifying and eliminating wasteful spending, duplication and other inefficiencies and identifying best practices in procurement and financial management. The federal government currently saves at least N15 billion annually from the services of the unit, according to the ministry.



Presidential Initiative On Continuous Audit (PICA):

Adeosun was said to be instrumental to the establishment of the Presidential Initiative on Continuous Audit (PICA), a critical initiative in the implementation of a Continuous Audit Programme. The Federal Executive Council (FEC) had on March 9, 2016, approved the establishment of PICA to ensure full accountability of all public funds expended under the Buhari administration.

Development of Whistle Blower Policy: The Whistleblowing policy, which was developed by the Federal Ministry of Finance in December 2016, empowers citizens to report public corruption. The primary goal of the policy is to support the fight against financial crimes and corruption by increasing exposure of financial crimes and rewarding whistle blowers. According to Adeosun, over 2,500 reports have been made through various reporting channels as at July 2017, with 365 being actionable tips. She disclosed that the sum of N375.8 million had been paid as reward for 20 whistleblowers in the first batch payment.

Voluntary Assets and Income Declaration Scheme (VAIDS):

The Voluntary Assets and Income Declaration Scheme (VAIDS), an initiative of the Kemi Adeosun in collaboration with the State Tax Authorities, is a revolutionary programme that provides tax defaulters a nine-month opportunity to voluntarily and truthfully declare previously untaxed assets and incomes. As at May 2017, the total number of taxpayers in Nigeria was just 14 million out of an estimated 70 million who are economically active. VAIDS has however yielded over $50 million in revenue between June 29, 2017 when it was launched and October 31, 2017. Two foreign companies have also agreed to pay $110 million in regularizing their tax status.

Treasury Single Account (TSA):

The TSA is another initiative towards efficient and transparent management of federal government finance and revenue collections that have been implemented in the past years, through the Federal Ministry of Finance under Adeosun. The government can monitor and manage revenue from revenue collecting and revenue generating agencies of government, through a window. It has so far mopped up over N3 trillion as revenue accruals since the policy of Treasury Single Account commenced.

Capital budget releases:

Adeosun had said the Federal Government released over N1.580 trillion for capital projects to all its Ministries, Departments and Agencies (MDAs). She said government released N1.58 trillion capital cost to the MDAs for the 2017 budget, considerably higher than the pre-PMB years.

http://surecontents..com/2018/09/highlights-of-kemi-adeosun-activities.html

Pdp would never have liked this woman, she was bad market. Unfortunately, the past always have a way of hurting one

She did well. I'm glad she resigned instead of 'riding out the storm'. It was a very unnecessary and avoidable slip-up.

Her replacement, Zainab, has been a part of the economic team and I hope she continues with the initiatives Kemi started in the ministry.

She will be missed, this is a huge blow to our economy.

vedaxcool:
She will be missed, this is a huge blow to our economy.

Are you for real?
Huge blow to the blown economy?
Is so shameful how BMC does not want good things for this country.

vedaxcool:
She will be missed, this is a huge blow to our economy.

Truth is this woman is the most beautiful and most active minister that Nigeria ever had.
she improved the Nation's economy and took Nigeria away from the recession and economy that was ship wrecked by the past administration.
just that the idiotic pigs of Biafra are so consumed with hatred over Buhari and can't see anything good in this administration cos they are blinded by their hatred despite Sai Baba's numerous achievement.
she's even More active than the flat headed ever corrupt Ngozi Okonjo Iweala.

Kemi Adeosun Will be greatly missed.
One day IPOB Will be finally put to shame.

So?

She needs to be jailed on forgery and misinformation.

She should have been under arrest now to start facing trial.As it was with Lawal Babachir,Abdulrasheed Maina
Ayo Oke, Lawal Daura, Obono-Obla etc that is most likely how it gonna be with madam Kemi.
The in-house anti-corruption fight of the APC is well known & highly predictable.

TSA?

vedaxcool:
She will be missed, this is a huge blow to our economy.

Pathetic lots.The real big blow is the the certificateless man that employed & have now replaced her with another hausa-fulani woman.

HIGHLIGHTS OF KEMI ADEOSUNS ACTIVITIES THAT THREW THE COUNTRY INTO RECESSION shld have bn a beta title

When is she serving her jail term ??

Haba Mrs kemi, u don't even need d nysc cert for dat job, wish you best of luck

It's just so unimaginable.

She ruined her career by sheer carelessness.

90 percent of Nigerian graduates and politicians have forged one thing on the other on their certicates;

from birth certificate to year of graduation to name sef!

and gone on to cover their tracks appropriately!

I do not see Kemi as the devil. I see her as careless.
Many have forged birth certificates, driver's licences, yellow cards, etc etc.

Imagine that one could be a first class Harvard graduate and still be disgraced out of government because of that NYSC carton!

Just a 2 min phone call to the NYSC secretariat could have prevented all of these.

Even if she didn't have credit she could have used the "MTN borrow me credit" service.

I respect her personality.


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vedaxcool:
She will be missed, this is a huge blow to our economy.

You meant to say huge blow to ya *BRAIN*

Recently I made a post about PMB recovering over $700b from an audit of finance and assets within the FG.

This was achieved via the same Kemi Adeosun and her Critical Initiative on Continuous Audit (PICA).

She is an asset. She will be badly missed.

We love you madam.

Uglyaddy:
Are you for real?
Huge blow to the blown economy?
Is so shameful how BMC does not want good things for this country.

Dude U High Or Sumthin?

I commend her efforts as a Minister. The problem is that she was under the guidance of a Lifeless president and despite her efforts our economy still look lifeless. Even with the money recovered our country has not developed in any sector

Olukat:
TSA?

You dey mind them?

Let them dey thief all NOI & GEJ creations. They will soon claim Federal University Oye-Ekiti was done by OBJ. No lie is beyond them.

Uglyaddy:
Are you for real?
Huge blow to the blown economy?
Is so shameful how BMC does not want good things for this country.

Hope u have not lost ur senses

I don't understand this woman's resignation letter. Is it that she does not know that her certificate is fake?
And listing TSA as part of her achievements is an insult to the sensibility of Nigerians OP.

For me she performed better than ngozi

She try....Next pls!

All Her actions as minister should be scrutinised.

I don't trust a forger with the economy.

ottohan:
Yoruba people too like forgery of certificates, cyber crime and yahoo-yahoo. Very lazy set of people, all they want is to sit behind @ computer and collect money

So u judged a whole tribe based on one persons action. I really hope you’re not a graduate or else .....