₦airaland Forum

The Boss Newspaper?

mylifemyrules:
Yeah u can call me wat ever u want to, i don't care, I have been called worst

I was enjoying the whole story till it got to a point wen i asked myself

Wat if am dat girl, or my sister, or a friend

For crying out loud he is talking about a lady like myself

Wat ever happens outside nairaland between two nairalanders stay outside nairaland, unless both parties agrees to bring it here

U r free to quote or insult me again

Looking forward to hearing from you

I love intelligent girls!!

politricks:
A dumb buhari is your president. Shame on you Albert Einstein PRYCE

GO AND DIE!

So Buhari gave em capes to go with it?

Super ministers? Haba let's stop celebrating inconsequential stuff please... Imagine Americans calling em Secretaries; Super Secretaries!!

Shouldn't we be tagging em super for the perfomances rather than the weight of their job description?

Dumb, Dumber, Buhari!!

This the new stule in town?.... where the serial killer attends his victims' funerals?

This is a good development!

Everyone wan go shey? Oya now!

The Slayer of Buhari!!!

Opinions are Like Arseholez! We all got em!

Seriously! Seeing some Lagosians are already calling him "The prime minister"

Better!

Oya now!

Andy softly ooo! You no wan coke bottle make e break for girls kpekus for here oo!

Girls of nawa days don graduate from cucumber and candle to Coke bottle

Kill em all!


And this better not be another propaganda!!

I experience this too!

Back to the topic: THE ALOBAM CROONER!

Kudos to em!

Lol! Oya now fire on!

I just hope this story wouldn't end with something like "as I wan enter I come see snake dey comot d kpekus ooo"

I dey warn you...

Chai!!! This blood he is sharing.............. THERE IS GODUOOOOOO!!!

Ok now!

Dasuki Dealing with Buhari since 1985!

Again?

Another Sold Out WORLD TOUR!

If you like offer them to your gods! Makes no difference!

Indeed he is a minister!

I thought Miss Ngeneukwenu opened a thread weeks back saying Oga Buhari has approved the payment already?

Opinedecandid:
Nigerians, please how is Petroleum Motor Spirit (FUEL) sold for three days now in your area.

I believe that other than expressing our individual views and opinions;
getting information on the happenstances in our climes and around the globe;
And probably getting to influence our readers positively, one major reason why we patronise this forum is to draw the attention of the relevant authorities: government an non-governmental to the issues that require them to address, resolve or clear the air on.

I have been buying fuel for a hundred and fifty naira (#150) in Benin city for three days now.

What of you?

If I knew the price then there's fuel... In Jos, 50% of the cars that normally ply our roads are parked cos THERE'S NO FUEL!


And bro, It's PREMIUM MOTOR SPIRIT!

Opinedecandid:
Nigerians, please how is Petroleum Motor Spirit (FUEL) sold for three days now in your area.

I believe that other than expressing our individual views and opinions;
getting information on the happenstances in our climes and around the globe;
And probably getting to influence our readers positively, one major reason why we patronise this forum is to draw the attention of the relevant authorities: government an non-governmental to the issues that require them to address, resolve or clear the air on.

I have been buying fuel for a hundred and fifty naira (#150) in Benin city for three days now.

What of you?

If I knew the price then there's fuel... In Jos, 50% of the cars that normally ply our roads are parked cos THERE'S NO FUEL!

Oya now!

modath:
Go & read the background story about how the contract was drawn up, beneficiaries, clauses & come edit this post..

Thx...

Still Miss Modath! A local government Chairman Whom GEJ has never seen, infact in an APC state; Steals and you lot blame GEJ for it!

I only generalised! He's the president... and whomever holds him responsible for the everything that happens in Nigeria ISN'T WRONG!

Jesus My Lord!!!

The APE was busy posing as Buhari's imposter Minister of Information instead Of developing his state.... And now blaming it on The Rains? CHAIII!!!

Lol! And they called GEJ incompetent and blind to everything going on around him...

I was nearly convinced too !!

Omololu Ogunmade in Abuja  

The Senate wednesday said it had uncovered the rot in the recently concluded transfers of the federal government’s funds to the treasury single account (TSA) domiciled with the Central Bank of Nigeria (CBN).

Consequently, the chamber ordered its committees to immediately begin the probe of the alleged abuse of the transfers.
According to the parliament, the transaction was contracted to an e-collection agent, REMITA, which collected 1 per cent of the entire N2.5 trillion moved to the TSA.

This 1 per cent commission, the Senate added, translated to a whopping N25 billion earned by REMITA from the transfers in gross violation of Section 162(1) of the 1999 Constitution.

It also added that the N25 billion paid to the company was not all that had so far been paid to REMITA, disclosing that payments to the company has remained a continuous process.

Section 162(1) of the constitution provides that “the federation shall maintain a special account to be called the federation account into which all revenues collected by the government of the federation except the proceeds from the personal income tax of the personnel of the Armed Forces of the Federation, the Nigeria Police Force, the ministry or department of government charged with foreign affairs and the residents of the FCT, Abuja”.

The Senate held that going by this provision, all revenues accruable to the federal government ought to be paid directly to the TSA as the case may be and not shared with anybody.

The Senate mandated its joint Committee on Finance, Banking and Other Financial Institutions and Public Accounts to carry out a holistic investigation into the transfers and report its findings within four weeks.

The upper parliamentary chamber also asked the Ministry of Finance and the CBN to forthwith suspend payments to the consulting firm, REMITA, until the outcome of the investigation is made public.

The chamber which however commended President Muhammadu Buhari for the enforcement of transfers to the TSA, added that the essence of the initiative was to prevent keeping government revenues or their spread in various accounts outside the CBN.

The mover of the motion, Senator Dino Melaye (Kogi West), said he was aware that by the policy directive, all agencies generating revenues for the government such as the Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS), Nigerian National Petroleum Corporation (NNPC) and Bureau of Public Entreprises (BPE), among others, were to pay all revenues they generated to the consolidated revenue fund.

He added: “The Senate observes that in the course of the operations of the TSA, the federal government on the 15th of September, 2015 mopped up the sum of N2.5 trillion through its e-collection agent called REMITA which charges 1 per cent of all monies passing through it, the implication of which 1 per cent of the N2.5 trillion mopped up on 15th September, 2015 alone amounted to N25 billion largesse to REMITA for doing nothing.”

Melaye further added that the appointment of REMITA as operations agent for the TSA was illegal because it contravened the provision of Section 162(1) of the constitution.

Furthermore, Melaye said given the constitutional provision, “the CBN is the sole institution that is mandated to collect and disburse monies on behalf of the federal government and where it has no branch, it may appoint another bank as agent to perform the function of collections and disbursement of revenue on behalf of the government of the federation, so using REMITA which is not a registered bank completely offends the CBN Act”.

He also described the development as a violation of BOFIA Act of 2007 which according to him, provides that no person(s) shall carry out any banking business in Nigeria unless the company is incorporated in Nigeria and holds a valid licence under the Act.

Melaye further argued that anyone who transacts business without a valid licence as stipulated by the Act is guilty of an offence and upon conviction liable to 10 years imprisonment or a fine of N2 million or both.

He added: “The activities of REMITA is a gross violation of the BOFIA Act and another attempt at ripping Nigerians of task payers’ money that would have been channelled to other sectors of the national economy.”

The motion generated a heated debate in the chamber as senators condemned the development and demanded its thorough probe.
In his contribution, Senate Leader, Ali Ndume, described it as sabotage and advocated the need to compel the culprits to refund the money. “I do not believe that this could happen under this government. However, if it is true, the people involved are saboteurs and must be compelled to return the money and face the wrath of the law,” he said.

Ndume, who also said he had asked the CBN Governor, Mr. Godwin Emefiele, about the scam, told his colleagues that Emefiele denied knowledge of it.

While supporting the motion, Senator Enyinnaya Abaribe (Abia South) sarcastically mocked the All Progressives Congress’ (APC) claim of change.

“Is this the change we are looking for? I will not ask the question. Somebody made the decision. Who gave the order? Somebody then must be made responsible. In matters like this, we must not be partisan. I fully support the motion. It is beyond the party,” he said.

Also speaking, the Deputy Senate Leader, Ibn Na'Allah, called on his colleagues to ensure that the right step is taken to address the unwholesome development. “The Eighth Senate is distinct and must do what is right and in accordance with the law. We will do what is right at all times.
“The Eighth Senate will not subject itself to public referendum through the social media,” he said.

In his contribution, Senator Shehu Sani (Kaduna Central) said whereas, the TSA is a good idea designed to move the economy forward “it is clear that the idea is being abused and exploited. We have to investigate the matter”.

In the same vein, Senator Bassey Akpan (Akwa Ibom North-east) said: “If nothing is done on this matter, it will lead the youth of this country on a nationwide protest against this government.

“There is a total collapse of the road network and other infrastructure facilities in the country.”

On his part, Senator Kabiru Gaya (Kano South) said everything possible must be done to recover the funds.

He said: “This is a government of change and the Eighth Senate should not leave any stone unturned in bringing the N25 billion back to the treasury.”

In his contribution, Senate President Bukola Saraki said the “committee has to quicken investigation because it is no longer acceptable for Nigeria to lose money to private organisations”.

http://www.thisdaylive.com/articles/senate-uncovers-rot-in-tsa-remittances-begins-probe/225391/

Lalasticlala