Slydog's Posts
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Real2020:Was he minister of power in Lagos state? See who is deficient in basic human reason |
grossindel:This is how pple like you go about spreading rumuor and misinformation. Where in d piece did Buhari say all govt agencies should bank with unity bank ![]() ![]() ??: (Nigeria ministries get single bank account to fight fraud 15 September 2015 From Africa Muhamadu BuhariImage AFP Image President Buhari, who gave the Tuesday deadline, believes officials have stolen about $150bn over the past decade A deadline for Nigerian government departments to ensure all financial transactions pass through a single bank account expires at the end of Tuesday. The move is intended to make it easier to monitor government spending and stamp out corruption. The account will be managed by the central bank and it is estimated that commercial banks will lose $10bn (£7bn) when the money is transferred. Departments that fail to comply by midnight (23:00) will face sanctions. BBC Africa Live: News updates President Muhamadu Buhari, who gave the order to close the multiple bank accounts, has said that he believes government officials have stolen about $150bn over the past decade. ADVERTISEMENT Obadiah Mailafia, the former deputy governor of Nigeria's Central Bank, told the BBC's Focus on Africa radio programme that it has been easy for fraud to take place because the government did not know how many bank accounts each ministry held. "They provided avenues for corrupt ransacking behaviour in the past. So the thinking of government was to centralise these accounts so they are easier to monitor," Mr Mailafia said. The BBC's Abdullahi Kaura Abubakar in the capital, Abuja, says the recent implementation of a single account for state finances has also helped Kaduna state track down funds. The state has reportedly uncovered 25bn naira ($13m; £8m) it previously was not aware existed, he says. Share this st |
grossindel:Lol, any source as to the directive that all ministries to bank with unity bank ?Nigeria was rich under Jonathan, how rich did you become as a Nigerian |
Adminisher:The Nigerian economy has a lot of latent potential, inspire of inadequate power, see what we HV achieved. For the past five months d government HV not been carrying out capital expenditure, perhaps that will pick up with the swearing in of ministers. The govt plans 7-8 trillion naira budget with about 30% made up of capital expenditure, for the first time, this will be the highest capital allocation. The jump in d recurrent budget to me looks like there is going to be an increase in public sector job creation and other pallavatives as well. Churning out companies making loses is not typical of Nigerian alone and should also not be a surprise, the world economy is slowing down, China exports fell 19% last quarter, we who are mono dependent on oil are even doing well, from an all time high of $150-$45 per barrel, and we still standing! We should be asking what was achieved when oil was $150 per barrel. Recent events HV shown that we could even fund our budget without reliance on crude. Am also envisaging a situation where next year budget is not pegged around the price of crude rather taxes, customs target alone for this year is N944b, who says they can't do a N1.5trillion next year? Mtn fine sef will be used for finance the budget. Just that we are all in a rush .......my thoughts though |
Bollove:Exactly, nothing in the head. Met an Akwa Ibom corper recently, beautiful, nice shape and all, with time I had to run away cos the beauty was only the physical, no inner beauty. Yes the physical beauty attracts every guy, but only the inner beauty keeps a real man. More so when the girl starts talking about making her preg even without marriage, nna, na run I run o |
In my doctoral class, when we complain about timing for lectures or reading, I try not to complain because when I do both lecturer and colleagues will remind me me that am the only unmarried dude in d class of 6. I just got a ride, and the next question was where is the girl? Not that I don't desire it, but it mustn't be with just anyone, my heart needs to beat for that special one, cos truth be told many young ladies, but few wives. |
Buhari is alredy thinking outside the box to finance his 2016 budget. We will soon hear from customs. So much for over reliance on crude oil |
Bayelsa state, all the politicians, the former President are all shame, am ashamed of the state. A state so rich yet so poor, a state earning more money than the whole of Ghana, a state that could HV become a tourist attraction, the men so lazy, the educated elite so intellectually lazy |
Your website ain't opening |
raayah:As an engineering student, if u know the programs and software you should use and your sch ain't providing for you, nothing stops you in learning them your self, that gives you the edge over your colleagues, not complaing about its absence in ur sch |
Keegan:You are a wise man, exactly what I've been saying, if push comes to shove, the Niger delta and ijaws will rather become a country on their own rather than being second fiddle to the Igbo's in biafra. Now if Biafra must exist, they will be landlocked in BTW rivers, akwa ibom, kogi, Benue, with no access to international waters. Imagine what Ukraine is going through because Russia has gas pipes that runs through her country, who ever gives you resource and is bigger than you become ur lord |
davide470:They are still in it bro |
davide470:Jeez, how do they do this, profit is said to be shrinking at my zone and they are declaring this PAT? |
librangyps:This is so true, never knew some firms even ask what grade u made and on what scale, 5 or 7 scale. Upon realising that, I had to put my first degree 3.95/5 and second degree 4.14/5 on my CV. |
GAZZUZZ:Am in pH, any idea of a reliable mechanic who could run a scan? |
colossus2:Pls look at this, aside the wheeling noise. What does this mean, VSC & engine sign. This is supposed to be a Tokunbo ride and am having all these
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colossus2:Thanks a lot. After entering a flooded area in pH, started hearing a noise from the back tire, so I thought its related to the light. What do I do about d noise. Sorry its my first car, and first time driving |
Pls house I just got a 300 and I started seeing a sign that looks like a car with flash at d back on my dash. I thought it was d tire pressure which was down, but after filling the sign was still there, what could be the problem pls
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Pls how can I unsubscribe from mtn beta talk, its a rip off |
Truth is the IBO's have the legitimate right secession, but must keep in mind that the Biafra of ojukwu days cannot be d same as today. He needs to assure his followers that natives of rivers state, akwa ibom, calabar, bayelsa and even the deltan IBO's will willing join him in Biafra or decide to either stand alone or remain the zoo. Your guess however is as good as mine as the ijaws will rather become a nation of its own, then another challenge arises, how will the 5south east states, land locked, without international airport or major water ways with access to the high sea survive when they are surrounded by different countries or nationalities? Political history also tells us that every new country must fight her own civil war. Just my plenty thoughts sha. The IBO's should simply call for a referendum on secession...... |
buzquet:Boss, |
Most times in life we get so engrossed and indulged in the happening of the present without thinking much of the future. Yea as a man you gotta work twice as hard to take car of your family, but two heads are better than one. If you just had your first child at 39, you will be 60 when your child turns 21. Early is better bro |
Adesiji77:The effect will be much on the likes of zenith bank, first bank etc that HV very active public sector units. Already you see zenith laying off staff, also recall one of the actions of d CBN gov upon resumption was to reduce crr on public sector funds, most esp to help the likes of his bank zenith to give them breathing space on using govt fund to lend. Its means most of these banks that declare over a trillion in deposit will significantly feel the shock of d withdrawal. Mind you, not just the fg alone, some states are also following this footstep by closing several accounts and concentrating on one bank. Kaduna have done same, rivers is doing same. The end result is to force banks to lend to the real sector, yes jobs will be lost here and there, but any bank that wants to remain in business must find ways to lend to businesses and not rely on free govt money with which they use in buying govt treasury bills and earn interest just recycling govt money without impact on the real economy. |
omolami:China Your English is even corrupt |
Export1:Boss, pls help with this vin:JTJHF10U210234519 |
My girl wants to celebrate 'small birthday' in the house, she says she needs 80k for the small bday. I start serious breakup quarrel, am still a hustling boy pls |
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, I ain't here for zhit !!!!

