The probe panel was constituted by the National Economic Council which was inaugurated by President Buhari yesterday June 29th
"We are talking about transparency, we are talking about change and what we saw from those numbers I believe that Nigerians are entitled to know, is that whereas NNPC claimed to have earned N8.1trn, what was paid into the Federation Account from 2012 to May 2015 was N4.3trn. What it means is that NNPC withheld and spent N3.8trn. The major revelation here is that the amount NNPC paid into the federation account for distribution to the three tiers of government came to N4.3trn and the corporation alone took and spent N3.8trn. This means the cost of running NNPC is much more than the cost of running the Federal Government. That tells you how much is missing; what is mismanaged; what is stolen. These are huge figures. There is no enterprise manager who goes to the market and sells and just begin to spend, otherwise nobody needs to budget,” he said.He added that if the Federal Government cannot spend without appropriation, agencies of government cannot not also spend money without appropriation
“This is what the constitution provided for. And this is what President Buhari has promised to do that henceforth all monies must go to the Federation Account. What do you need budget for; Nigeria cannot continue with you earn the money and spend it. Where is transparency? Where is the role of the National Assembly? So if you were doing that you won’t have a situation where the NNPC alone will spend N3.8trn and remit to the federal, states and local governments N4.3trn which means NNPC is taking about 47 per cent and that explains all the leakages you are talking about. We looked at the numbers for the Excess Crude Account. The last time the Minister of Finance and Coordinating Minister of the Economy, reported to the Council and it is in the minute, she reported that by November 2014, we had $4.1bn but today the Accountant General Office reported we have $2bn, which means the Honourable Minister spent $2.1bn without authority of the NEC.”he saidOther members of the probe panel includes governors of Kaduna, Zamfara and AkwaIbom states.
58 comments:
Hmmm
The Plundering was excessive. Someone must be punished.
Ok
Dis is a great development dat wil keep those in dis new administration accountable. I pray it goes well, and Nigerians hear d final report of d findings.
Noted
Hehehheh!
E
E don Happend!
Ghen Ghen
Osho Baba d drama king i sight u o!!
Kkk
PARENTAL ADVISORY
***adult content***
It about to go down....
Sai buhari
Ghen! Ghen! The film has started.
Now you can get the car of your dreams with ease. Click here to learn more.
About time and dis probs must be concluded. Dave
I Support the Motion!
oya cal oju opolo(frogeye) to come n say her side of d story..shebi she say she no steal.
My goodness! Such outrageous sum.
Somebody should be in jail by now.
Your comment will be visible after approval
Hey guys, Join this BBM channel, C004D9564. For Updates, Entertaining Write-ups and Mind blowing Informations.. Thank me later!
THis is the same article on the NOI post
http://lindaikeji.blogspot.com/2015/06/fg-okonjo-iweala-spent-21bn-without.html
Human Being NO Be God
Better..
a.k.a EDWIN CHINEDU AZUBUKO said..
.
Baba Buhari is working i swear.....
.
.
***CURRENTLY IN JUPITER***
Buhari! We want change
Let d probe begin *bell rings* gbagaun
Hope probing brings out d money
Gud move
Its time for someone to be sent to kiriiri
Moye says so via BB Passport...Courtesy LIB......
That's a great move
Alloy that sum isnt outrageous yet .Wait till the whole investigation is completed.You'll see how monies huge enough to build a republic grew wings to fly.So many big names will be indicted.
I knew I made a good choice voting for president Buhari. Just a month $ I can hit my chest and say he has done much better than the past administration! Sai baba.
Well done Mr. President. God strengthen you. Linda take note!
Get ur stylish handbags at very affordable prize. Both wholesale and retail. We deliver nationwide. Add us today .BBpin 2BB1296A
Linda, I urinated only 3 times yesterday. Am I ok? Love, Bisi.
Dis is a great development dat wil keep those in dis new administration accountable. I pray it goes well, and Nigerians hear d final report of d findings.
@AbokiDaWarriBoy, use "Beat" instead of "Hit". Don't bother to thank me.
Corrupt Oshomole is a part of the 4-man probe committee... I cry for our beloved country
Thank you for what exactly?? I chose not to beat my chest but to hit it $ u are talking about vote of thanks, who send you this morning tell am say make em send you after Ramadan. Shey u are done with your multiple analysis on lib commenters with a different username, now you are coming after me personally since I ignored that post u took ur time writting under a separate username, wel it won't favour. Keep off.
And some "MUMU" will say this government doesn't know anything. Nice move!!!
WHERE ARE THOSE PDP HOODLUMPS SHOUTING FOR CHANGE? THE CHANGE HAS STARTED OH...HAHAHAHAHA
Nice move presido
WHERE ARE THOSE PDP HOODLUMPS SHOUTING FOR CHANGE? THE CHANGE HAS STARTED OH...HAHAHAHAHA
WHERE ARE THOSE PDP HOODLUMPS SHOUTING FOR CHANGE? THE CHANGE HAS STARTED OH...HAHAHAHAHA
WHERE ARE THOSE PDP HOODLUMPS SHOUTING FOR CHANGE? THE CHANGE HAS STARTED OH...HAHAHAHAHA
WHERE ARE THOSE PDP HOODLUMPS SHOUTING FOR CHANGE? THE CHANGE HAS STARTED OH...HAHAHAHAHA
WHERE ARE THOSE PDP HOODLUMPS SHOUTING FOR CHANGE? THE CHANGE HAS STARTED OH...HAHAHAHAHA
Iziengbe re u dis stupid
WHERE IS PDP WATCH GOAT AND WATCH PIG?? CHANGE HAS STARTED OH....HAHAHAHAHAHA
WHERE IS PDP WATCH GOAT OR WATCH PIG?? CHANGE HAS STARTED OH....HAHAHAHAHAHA
Change is here to stay. Misappropriated funds must be accounted for or face the consequences.
@AbokiDaWarriBoy or author of confusionist to call u, I don't even understand wht u typed. D Ramadam is surely taking d better part of u.
All d same, 4d record I don't hav to hide under anonymous or a different ID to send my msg across. I wil say it d way it is come rain come shine wit my ID.
So u r entitled to ur personal opinion, and view (Dis goes to others too). Do well to learn to apr8, and build on ur grammar.
Once again, keep ur thanks to ursef *Smile*.
@AbokiDaWarriBoy or author of confusionist to call u, I don't even understand wht u typed. D Ramadam is surely taking d better part of u.
All d same, 4d record I don't hav to hide under anonymous or a different ID to send my msg across. I wil say it d way it is come rain come shine wit my ID.
So u r entitled to ur personal opinion, and view (Dis also goes to others). Do well to learn to apr8, and build on ur grammar.
Once again, keep ur thanks to ursef *Smile*.
To it ws 20B we were looking 4 b4 bt now is 3.8T, dats gr8. Kudos 2 my president n I op d investigation wl b concluded in due time
ACTION FILM..................
Mr Royal Priesthood. "Beat" or "hit", both of them are correct. I am an english scholar.
Also dont bother to thank me
na whaooo
How can you appoint Oshiomhole who is already biased about that last administration. he surely will go find fault instead of being fair. reports in this nature are done by independent and professional consultants not haters.....excuse me
And some "MUMU" will say this government doesn't know anything. Nice move!!!
Thank you Mr. President, the "CHANGE" has come. You chose action men to do this job because you want it fast infact i know they will bring their report before the date you gave them, because so many things has delayed in this our country.
His excellency, Gov. Adams Osho. Please tell NNPC to complete the recruitment process they started since 2012. Infact some nigerians lost their lives while travelling for the aptitute test for graduate trainees like what happened in the immigration requirement.
Interviews was to hold around February/March 2015 as sms from the consultant (Philips consulting ) has been sent to some candidates to expect the email details soon, but was put on hold till after the elections. Up till now no news about that recruitment from NNPC.
Please tell them to complete it before they will burry the recruitment, at least to honour our coleagues that lost their lives.
Please your excellency, don't forget this it is important in job creation in Nigeria as one of President Muhammadu Buhari's electoral campaign promises.
Thank you and God bless
From all of us.
OP/GT/EH-NNPC 2012 RECRUITMENT
Just look at this royal idiot correcting someone's grammar sha.. Wonders shall never end
We need change, but is this d change we want
Of course probing is part of the change because we need to recover money to work with
Post a Comment