ABUJA — The war of words between Governor Adams Oshiomhole of Edo State and the former Minister of Finance, Dr. Ngozi Okonjo-Iweala, continued, yesterday, with Oshiomhole challenging the former minister to explain what happened to the $4.1 billion she presented in her last report.
Governor Oshiomhole also challenged the former minister to explain why she never published simultaneously what was accrued to the Excess Crude Account during the period she published what was distributed.
The governor, who spoke on the state of the economy Channels Television programme monitored in Lagos, accused the minister of habitually playing around statistics.
He said: “The decision to take money from the Excess Crude Account, if she had the power, the law should have been that power is vested in the National Economic Council, NEC. NEC is an institution created by the constitution.
Oshiomhole
“What she was referring to is her own administrative arrangement. This $2 billion is the last sum, in her last report. She said we have $4.1 billion, she said so orally but it was captured in the minutes, only to come at the last minute to say oh ‘X’ is left.
“If you ask her, what is it that she paid for on the strength of augmentation, that is to say, if they were augmenting, it means that even if there is a drop in price, they will take from the Excess Crude Account to make up the difference.
“If they were doing that, you wouldn’t have the kind of situation we are in today where revenue drops by about 45 percent. I think, with all due respect to Okonjo-Iweala, she knows how to play around, (I don’t want to say, lie) with statistics. I have made this point that she kept open only part of the pages and not the entire book.
“The logic of transparency is that every minister must publish in full what is accruing to the Federation Account, month to month, and what is distributed to whom. What she has been publishing is what went to the Federal Government, each state government and local governments.
“But she has never published simultaneously what accrued during the period, out of which this said sum was distributed so that you can get the net, what was distributed from all that was collected and see what is left in the excess crude. Now you can see her changing the goal post.
“Okonjo-Iweala was a member of the National Economic Council. I was a member. I had asked her and I am on record as asking her, don’t give us verbal report on matters of Federation Account, give us written report.”
http://www.vanguardngr.com/2015/07/explain-whereabouts-of-4-1bn-oshiomhole-tells-okonjo-iweala/

Am dedicating dis ftc to ma new found love known as ecoterrors, may our love continue to wax stronger by d day as far as dis apc govt fumbles.


And also to d leader of our opposition party, sir barcanista, d man whose political wisdom surpasses dat of 20 apc e-rats, and equals dat of 50 e-rats, may God continue to increase ur wisdom.


And to oda fellow progressives, temitemi1 firefire whynotthetruth mogidi and so many of dem, may God kip us alive till 2019 wen we(pdp) will claim back our mandate.


To midolian cum aminat508, ma God see u guys tru d fasting(gbawe), and may all u wish for come tru, aminat may God give u husband, and vice versa for midolian, or both of u shld tangle urselves #winking

Damn!!! I don't even know who to believe anymore. As for Madam Ngozi okonjo Iweala, I blamed u for letting the past administration tearing your good image in to dustbin. Now that u are fighting for your name not to be tarnish, Nigerians could have come to your rescue had it been u were truthful to the past government.

Brb

By the time Okonjo-Iweala is done with facts and figures on this issue, Oshiomhole and Co would look very stupid.

We all know how these Governors ask for money like their aristo girlfriends every now and then to blow on champagne, private jets and Viagra. They just touched a sleeping lion.

I am sure, when she comes with her answer, people like El rufai would be wise enough to blame the money on the past Governors and their wasteful lifestyle.

Oshiomole secretly wants to beng Okonjo Iweala. How else can you explain his obsession?

Sir concentrate on your new and obviously attractive wife and stop positioning your eyes askance!

Why can't Oshiomole and co sue ?

One love brother.

OREMUSSANCTUS:
Am dedicating dis ftc to ma new found love known as ecoterrors, may our love continue to wax stronger by d day as far as dis apc govt fumbles.


And also to d leader of our opposition party, sir barcanista, d man whose political wisdom surpasses dat of 20 apc e-rats, and equals dat of 50 e-rats, may God continue to increase ur wisdom.


And to oda fellow progressives, temitemi1 firefire whynotthetruth mogidi and so many of dem, may God kip us alive till 2019 wen we(pdp) will claim back our mandate.


To midolian cum aminat508, ma God see u guys tru d fasting(gbawe), and may all u wish for come tru, aminat may God give u husband, and vice versa for midolian, or both of u shld tangle urselves #winking

It is obvious our resources was mismanaged by last administration NOI having a hand in it is what i can not say. As far as I am concern, I want anyone found wanting brought to book and for those defending NOI stop it because she was part of the last administration in fact, practically the head