Stats: 3,189,471 members, 7,937,394 topics. Date: Monday, 02 September 2024 at 12:14 AM |
Nairaland Forum / Nairaland / General / Politics / Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ (634 Views)
Eghe Ogbemudia, Egor LG Chairman Impeached Over ₦1.7bn Budget Padding / Biden Selfie With Okonjo-iweala: Why The Fuss In Nigeria? / Okonjo-Iweala: "Why Nigerians Deserve Bad Leaders" (PHOTO) (2) (3) (4)
Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by Mrsulay: 10:10am On May 28, 2018 |
Former Minister of Finance and Coordinating Minister of the Economy during the regime of former President Goodluck Jonathan, Dr. Ngozi Okonjo-Iweala, on Sunday explained the reason she decided to leak N17 billion budget “padding” by the National Assembly in 2015, adding that it was the “price to pay” for the passage of the budget and not bribe as reported by the media. Okonjo-Iweala said this on Sunday on her Twitter handle. She said she decided to expose the what transpired behind closed door in order for the country to move forward. The former Minister in her book, titled: “Fighting Corruption is Dangerous: The Story Behind the Headlines,” had said: “By the time we presented budget on December 16, 2014, the oil prices has further fallen down to $58 per barrel. We were prepared and knew we had to trigger the additional expenditure and revenue measure in 2015 to make the budget work. This would be tough, given that we had entered election year. “Indeed, legislators initially refused to accept pay cuts to their regular N150 billion budget, despite dwindling revenues. But, eventually agreed to 13 percent cut against backdrop of Ministers accepting voluntary 50 percent to their basic salaries. “In a tough session with the National Assembly ad-hoc committee on budget (made up chairs of Finance committee and Appropriation Committee of both chambers and other leaders of National Assembly), an additional N20 billion was reintroduced as election expenses for the National Assembly members. “We insisted that the amount should be dropped because it nullified the 13 percent cut to their statutory budget, but managed N20 billion figure by only N3 billion to N17. This become the price to have 2015 budget passed.” However, Okonjo-Iweala in response to the media report on Sunday on her Twitter handle said mischief makers are trying to distort the content of her book. She also faulted the reaction of the Majority Leader of the House of Representatives, Femi Gbajabiamila, to her position on the issue. She tweeted: “It has come to my attention that mischief makers are again trying to distort what is written in my book, ‘Fighting Corruption is Dangerous: the Story Behind the Headlines’, for their own political purposes. “One more time, It is important that people read the book for themselves. In the case of the N17 billion, the book does not talk of bribe. It indicates that lawmakers increased the budget by N17 billion and we had to accept that to move on; http://your-notion..co.ke/2018/05/okonjo-iweala-why-i-leaked-n17b-budget.html?m=1 |
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by MANNABBQGRILLS: 10:10am On May 28, 2018 |
Good Woman... |
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by Firefire(m): 10:16am On May 28, 2018 |
The most recent exposure by Hon. Abdulmumin Jibrin under this fraudulent administration has been swept under the carpet. Chai Barber! 1 Like
|
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by fyneguy: 10:22am On May 28, 2018 |
lol price to pay indeed. Election money for the National Assembly ![]() ![]() |
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by Firefire(m): 10:25am On May 28, 2018 |
post=67950682: What is good about the woman, when the ‘good man Buhary’ has done nothing about similar scandal in his administration. What manner of CHANGE is this...? 1 Like |
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by MANNABBQGRILLS: 10:27am On May 28, 2018 |
Firefire:Baba is doing the best he can. Foundation has been so much destroyed from the onset. We will get there..........SOON! |
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by Firefire(m): 10:30am On May 28, 2018 |
post=67951101: Which of the Baba? Hope not the one who used style to loot our resources? 1 Like
|
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by MANNABBQGRILLS: 10:43am On May 28, 2018 |
Firefire:Read this patiently.... If you have the time.
|
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by Firefire(m): 10:45am On May 28, 2018 |
post=67951460: On the subject matter: 1 Like
|
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by MANNABBQGRILLS: 10:48am On May 28, 2018 |
Firefire:Still on the subject matter before you digressed..... God bless my PRESIDENT for promising to deal with those involved in the padding as he is doing now and not saying 'STEALING IS NOT CORRUPTION!!' |
Re: Okonjo-iweala: Why I Leaked N17b Budget ‘padding’ by Firefire(m): 10:58am On May 28, 2018 |
post=67951584: Please share what BABA GO-SLOW has done to the culprits? I mean those APC bastards in the National Assembly that padded the 2016 Budget? 1 Like |
(1) (Reply)
Okorocha Faces Suspension Over Alleged Anti-party Activities / Why Should I Still Vote PMB??? / Femi Fani-kayode A Turncoat With Destructive Tendencies
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22 |