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Friday 14 March 2014

House of Reps uncover fresh missing N35billion

According to a report by Punch, the House of Reps yesterday March 13th uncovered another missing N35billion. Read the full report below...
More revelations by the House of Representatives Committee on Public Accounts indicated on Thursday that the Office of the Head of Service of the Federation could not account for N35bn it collected from the Service Wide Vote within nine years.
While the records of the Budget Office of the Federation showed that the OHSF received N52bn between 2004 and 2012, the Permanent Secretary, Mr. Remi Adelakun, admitted only N17.6bn.
The committee, which is chaired by Mr. Solomon Olamilekan, insisted on Thursday that Adelakun must explain how the N35bn was spent.
At Thursday’s session, the permanent secretary and officials of the budget office had disagreed over how much the latter released to the OHSF.

The records of the budget office showed that in 2004, the OHSF received N2.7bn; N9.8m in 2005; N701.7m in 2006; N896.3m in 2007; N5.3bn in 2008 and another N612.9m; and N70m in 2009.
For 2010, the figure was N17.6bn; in 2011, it was N13.6bn and N8.5bn in 2012.
However, the OHSF admitted the N17.6bn released in 2010.

Olamilekan ruled that the permanent secretary must produce documents on how the balance of over N35bn was utilised within two weeks.

In a separate case, the committee directed the Central Bank of Nigeria to refund the N1.015bn it spent in 2007 to print 65 million ballot papers for that year’s presidential election.
The committee stated that there were “double payments” for the ballot papers, which it said the bank could not explain adequately.

Although the Director, Corporate Services, CBN, Mr. Dipo Fatokun, who represented the bank, denied the alleged double payments, the committee insisted that the bank made contradictory submissions.

Fatokun said, “There was no double payment. When we first appeared before the committee, we did not check our records very well and that was why we thought there were double payments.”

100 comments:

Unknown said...

Thieves!!!

Unknown said...

Its Not All About Uncovering The Missing Billions, Its About Purnishing All Of Those Messing With The Money!! 35billion Nawa ooo...

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Anonymous said...

Hmmm. God is watching u guys in 3D.

Wildflower said...

I like what am hearing......now it is 35BN....(9yrs). I just hope it will continue like this o, so that we can know who is clean and who is not.

Anonymous said...

what are these prople turning this nation into. wat! smh.









See how you can begin to make daily pay even without leaving home. just with your phone. click here.

Unknown said...

People are not suppose to be suffering in Nigeria

Alloy Chikezie said...

Well missing public fund is already trendy in Nigeria


Your comment will be visible after approval

ST. KIZITO BOUTIQUE IG: @stkizitoboutique said...

Good for them. Ndi ori

Cute G said...

What if this money ws available, we wont still smell it.This is what becomes of a country that has "Corruption"as their watch word.

Unknown said...

*crying* when will Nigeria be a better place?all dis money for one man when the common man can't afford a 3 square meal!

Anonymous said...

dis country sef, me not surprised anymore, Vengeance is coming




Miley cyrus pictured sucking B0*bs On stage

last baby said...

Nigeria politic

Unknown said...

Goverment work too sweet see money.... God dey shah.....
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***CURRENTLY IN JUPITER***

Walata said...

No wonder unemployment poverty killings n many evil things r happening in naija cos of many missing funds, we the youths of dis country can't do anyfin we only have power to talk on social medias but can't act its a fact

Nigerian Radio Stations said...

What do they do with all these money? and the masses are suffering! Sad

@Nigerian_Radio

Unknown said...

All i was seeing was money and yr..... Ok as normal, oga jonah should start sacking some people..lol...
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***CURRENTLY IN JUPITER***

Anonymous said...

Make I even see small money steal too Choi.

Anonymous said...

Who don eat dat money dey among dem

BONARIO NNAGS said...

I guess this also from Sanusi lamido the whistle blower?
Nigerians shine your eyes!!!

NB plz vote my adorable cousin Zoey Makuochukwu Obidegwu as Pears baby of the year. Via pears.com.ng

~BONARIO~says so via NOKIA3310

LEONARDO said...

Everyday money going missing...do they av legs...abeg if they get...make they come lost 4 my house.

Anonymous said...

Seriously!!!The Director should kindly stop belittling his office. How can you say you didn't check your documents before coming. Well!!!! Naija I hail thee...

Unknown said...

Our leaders r talking abt missing billions of naira as if r talking abt kobo while millions of nigeria r dying of poverty God save us in dis country nd give us gud leaders.

Unknown said...

Nigeria my beloved Country..............i hail thee, Money keep Missing in diffrent account.

Unknown said...

This people dey vex seriously!

Anonymous said...

Nyash opening things lol. DERA MI

Unknown said...

35bill?? Kai!!! Nigerian Leaders..... A̅m so dumb founded

Anonymous said...

Yesterday was 13th not 14th, wrong date

PAVOUR said...

Story story

Anonymous said...

Linda I noticed something I don't know if anyone does when I post two comments the last one I posted will be the one to show first, that means you how you post dis comments , the people u post their comment first such as bonario and co no matter how late the post it, it will always come at first set , mind yourself oooooooo, I don't enjoy dis your block anymore, pls that is it is done. Ooo post comment accordly

xquisit said...

the office of d CBN is to checkmate Nigerian banks and in a public meeting lyk dat u didnt check ur records well, na lie God is watchin in 5d ooooohhh Nigerian politicians

Bonita Bislam said...

Our treasury is on daily basis suffering from financial haemorrhage and it keeps bleeding until eagle eyes like the house of reps uncovers it.Too many thieves in this country.Left to me corruption by political office holders should carry a death penalty

Anonymous said...

In as much as I'm happy with what is happening I hope those members of committee don't ve skeletons or anything that'll make pple descredit them. Sweet anonymous.

IMD said...

Sis, today is March 14th o. Keep doing your best.

Alozie Paschal Okwara said...

HAHAHA. Our money!!! Nigeria!! This is what happens when educated people don't want to be part of politics.

IMD said...

Yesterday March 14th? Please check again cos I know today is March 14th. Keep doing your best sis.

NK said...

Abeg let dem go & rest with all these revelations. We are tired of listening to them. So what? Even when d culprits are known, d gov does nothing about prosecuting dem. GEJ's gov is too weak to fight corruptn. Abeg they are even begining to irritate my spirit. Mstcheew

Unknown said...

God ooo... See as dis pple dey thief money... D 35billion no dey heavy dem talk?choi!

Anonymous said...

Money missing everyday and are hungry no Food. some people cannot even afford a decent meal a day. I believe in stoning our leader. according 2 Ameachi......Desire

diamondblinqZ said...

How can a country qrow like dis?

Unknown said...

Another day,another missing billion n yet another cover up will follow suit...Emmyleo of malaysia

Unknown said...

With the way these politicians and civil servants are going with public funds, Nigeria will crash one day. Why are these guys using our heads yet we dont even care. I weep for my country and the masses.

Unknown said...

Another day,another missing billion n yet another cover up will follow suit...Emmyleo of malaysia

Anonymous said...

I hear all of these missing funds and i cant stop wondering how much is enough for these looters, please just sell Nigeria and share the money that way you can put us all out of our miseries, tallest building in the world that sits in dubai is built with 3billion usd, and today we hear stuffs like 20billion usd missing , another 35 bn naira missing, please just sell nigeria and lets get done with all of these BS.

Anonymous said...

I hear all of these missing funds and i cant stop wondering how much is enough for these looters, please just sell Nigeria and share the money that way you can put us all out of our miseries, tallest building in the world that sits in dubai is built with 1.5 billion usd, and today we hear stuffs like 20billion usd missing , another 35 bn naira missing, please just sell nigeria and lets get done with all of these BS.

Anonymous said...

Same owe polictics sheet #bright bravo#

Anonymous said...

Na wa....

Anonymous said...

Yes, GEJ is making people pay up!

Anonymous said...

Talking about Incompetence and FRAUD . How can you print Ballot papers for 1 billion NAIRA ? Was it printed on a $100 Bill ? The country is in ruin .. Sadly we the youth can't do anything about it because the government will kill us with the Police force .. I see an Uprising soon ..

Topdawg said...

If GEJ is serious about corruption then he should be ready to remove those fingered in this new findings. He should not wait till the whole investigation is done just like he did to the CBN governor. He should act immediately so that he can genuinely show that Sanusi Lamido's suspension was based on his 'sincere' desire to fight reckless use of public/government monies.

Unknown said...

Dunno why some people are comfortable causing harm to others,Lets see who is blamed,or how the loss will be explained


Kamto Haf Tok

Anonymous said...

Hmmmm God help this country oooh we are still trying to figure out whats wrong wif cbn,nnpc,boko haram,fuel hoarding that is causing artificial scarcity,the new law,etc and now this again hmmm God help us because situations like this will expedite the coming of Jesus*sobs* and me i must marry ooooow#lips sealed#

Debbie Chelsea said...

Thiefs

Anonymous said...

And their ass shall be opened

Anonymous said...

In 100 yrs tym, soyinka may once again reject another centenary award 4 dis scam as though dis is still late general sani abacha's fault. Stupid rejection with stupid excuses. Even d fake pastor's case can as well be hung on d neck of the late general. 4 me, abacha is dead, abacha is still alive 4 d leaderr after abacha are not any bera, period

Igor said...

Huh ! I pray the honourable members would not allow this matter to be swept under the carpet.Mr Fatokun has also shown how incompetent the employees of CBN can be.Imagine speaking from both sides of the mouth.

Angie Cape said...

Linda abeg which state are you in the states that today's your 15th? .There's money in naija ooo. These guys are very greedy and deserves the anger of God that will soon descend on them; considering that those suffering are way more than the happy ones and billions just dey disappear anyhow. Hmmm

Anonymous said...

Linda correct yourself.....today is 14th and not yesterday.


*Ruth*

Mzz_Mary said...

Y'all eating 9ja money, will know no peace

Visages Parfait said...

Dear God!!!

Unknown said...

When breeze blow, fowl nyash go open...God will expose all ye evil perpetrators in this country one after the other...For keeping the masses in abject poverty in the midst of plenty,you all shall eat ur own flesh and drink ur own blood as sweet wine..na so bible talk am..

Unknown said...

When breeze blow, fowl nyash go open...God will expose all ye evil perpetrators in this country one after the other...For keeping the masses in abject poverty in the midst of plenty,you all shall eat ur own flesh and drink ur own blood as sweet wine..na so bible talk am..

Anonymous said...

Episode unfolding. Ghen Ghen!!!

$$k@y$$

Dave said...

Mehnn..Owo da this country ohhh..Billions everywhere..nijas are suffering everyday allot of youths are in Malaysia, India, South Africa even Nepal and some other poor country all cox there's no job in nija while our billions go missing everyday..Dave..

Swagg isimemen said...

GEJ Govt. Fail nigeria totally fail another N35billion naira again, were is $20billion dollars?( Loool) some people here re still sleeping wake-up, can someone tell me what GEJ, has done in nigeria since he cam into power? Like d way OBJ broth (GSM) 2 Nigeria, becos all what I hv been hearing everyday on tv is hw they spend trillions nd billions dollars nd billions millions naira, or if GEJ broth stable electricity 2 Nigeria or free education or stop corruption or stop insecurity in Nigeria easy bad? I don't no why some people here re blind @ dis Age. They re still clapping hand following (PDP) some men were protesting in germany against Nigeria govt. Some days ago, some people here re saying they should com back home nd some said they should go 2 Abj, nd protest, dis show hw wick nd blind some of u re here in Nigeria nd again did u suppose 2 clap for them? Or easy nt why u vote for them? Nd they sign it 2 do their job? U people should wake-up oh we re close to 2015, I sign it (PDP) must go they re evil leaders nd they must go with their corruption insecurity oil theft etc. strait face I'm angry with (PDP) jatijati govt. Mtcheew

Swagg isimemen said...

GEJ Govt. Fail nigeria totally fail another N35billion naira again, were is $20billion dollars?( Loool) some people here re still sleeping wake-up, can someone tell me what GEJ, has done in nigeria since he cam into power? Like d way OBJ broth (GSM) 2 Nigeria, becos all what I hv been hearing everyday on tv is hw they spend trillions nd billions dollars nd billions millions naira, or if GEJ broth stable electricity 2 Nigeria or free education or stop corruption or stop insecurity in Nigeria easy bad? I don't no why some people here re blind @ dis Age. They re still clapping hand following (PDP) some men were protesting in germany against Nigeria govt. Some days ago, some people here re saying they should com back home nd some said they should go 2 Abj, nd protest, dis show hw wick nd blind some of u re here in Nigeria nd again did u suppose 2 clap for them? Or easy nt why u vote for them? Nd they sign it 2 do their job? U people should wake-up oh we re close to 2015, I sign it (PDP) must go they re evil leaders nd they must go with their corruption insecurity oil theft etc. strait face I'm angry with (PDP) jatijati govt. Mtcheew

ary said...

I done tire for all this kind news! By the way Linda yesterday was 13th, today is 14th.

Anonymous said...

Dis figures can't make me faint. WTF. Inspite of de hardship face by Nigerians, sum pple r basking in gross public fund. And y de sudden increase in de OHSF allocation from 2010? Oga Jona hmmmmmm

Topebrass said...

Naijaaaaaaaaaaaaaaaa.

kclub said...

Hw I wish we culd turn dis way round, the house of rep toreplace all dis our old senseless, useless, greedy and clueless senators

onye nsogbu said...

Oshay! YAYI @ work! If dem sort am now, hin go shut up! All na APC vs PDP *yimu*

Anonymous said...

Money missing everywhere... Smh

Find yours here ; http://gopaidweekly.com/?ref=57952

Anonymous said...

mtcheew next pls,our politicians are all looters every1 of them ,next yr they will want me to vote for them abi? Wat abt the $20bil or have the swept it under the carpet FOOlS that are pulling down this nation





#milito da great#

Anonymous said...

The government of the day!!!!!!!!! We only hear about the money not the final judgement.. NEXT PLEASE
#9jaCELEB

otevee said...

am not surprised o...its only in this country huge n outrageous amounts keep missing,it makes headlines for a week and afterwards nothing is heard again..wareva

hrm paul ojeih said...

God help us for his country ooo na so so missing moni dem dey uncover this is the season of missing funds being uncovered na wa o gej government

Apple said...

Thieves in government, by the time they bribe our "honourable members" they will sweep this under the carpets .

Anonymous said...

The mighty criminals that rule over us only do what they know how to do best.Ain't gonna be easy but we need God in this country plenty!

Olubukola Ozone said...

Am qyt suprisd at all dis... Shey money don get leg dey waka ni? Missing money???

Anonymous said...

Can u imagine! Not even millions but BILLIONs
*vanchuks*

Okoro said...

May God continue to uncover them..

Anonymous said...

The activist is not the man who says money is missing, the activist is the one who finds where the money trail leads to- H Ross Perot.

Unknown said...

I'm in love with u right now for saying this. That's exactly what was on my mind.

Anonymous said...

Has he removed those fingered in the old ones?

Anonymous said...

God is watching u. Prepare what to say when u get to him. Wicked asshole.

Unknown said...

Coruption wil neva end in diz generatoin,35b in 2weeks...is notin new.

Unknown said...

Not new.wat u sow u shall reep.

Unknown said...

Coruption wil neva end in diz generatoin,35b in 2weeks...is notin new.

Anonymous said...

And u mind ur english "BLOCK" or BLOG

$$k@y$$

Jay said...

The problem isn't about uncovering the money in the first place. the money was never missing is just them trying to say Nigerians are fools for electing them in the first place. why can't they just give us account on the 20 Billion fund missing from the NNPC

Anonymous said...

They said since 2004...which means it's been happening even before Gej took over as president. ..since 2004...na waa oo!

Diamond said...

I wonder what thier ranting is all about.As if the money would be useful if available.

MY TURN said...

BLOODY ASS THIEVES

NOKIA FMC said...

NOKIA FMC SAYS:
ALL HAVE STOLEN, NONE IS GOOD, NO NOT ONE. STOLEN CASH IS WAT IS USED TO SPONSOR BOMBING IN THE NORTH. SO ALL JOIN. IF U WIPE AWAY ALL OUR PRESENT LEADERS NIGERIA WILL BEGIN WELL AGAIN.... BUT WHO WILL DO THAT?

Amarachukwu. said...

God! N people are suffering here.God go punish una.

AnnMarie said...

they are all thieves including those discovering the missing money. God will judge all of u

Anonymous said...

Exactly these idiots should not go unpunished !! Everything should be taken away from them and they should be sentenced to at least 25 years in kirikiri prison

Anonymous said...

That one that came to come and represent CBN even had the effrontery to say they didn't check properly

Anonymous said...

Nigeria were we dey go?

Anonymous said...

they should all be taken to a psychiatric home..

Anonymous said...

uncover them

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