Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,198,272 members, 7,967,660 topics. Date: Sunday, 06 October 2024 at 03:12 AM |
Nairaland Forum / Jerrex's Profile / Jerrex's Posts
(1) (of 1 pages)
Food / Re: What I Ordered Vs What I Got: Dice Cake Version by jerrex(m): 6:51pm On Jan 02, 2020 |
skyhighweb: How much Did you pay
|
Science/Technology / Re: Pictures Of Rain From The Sky by jerrex(m): 8:59am On Jul 21, 2017 |
Wow 2 Likes |
Family / Re: This Guy Celebrates His Mum Who Sold Food By The Roadside For 30 Years by jerrex(m): 9:41am On Nov 22, 2016 |
God Bless all Mothers 2 Likes |
Art, Graphics & Video / Re: This Are Some Of My Photoshop Work. Post Yours Here Too For Us To See by jerrex(m): 11:51pm On Jul 27, 2016 |
|
Politics / Re: Saraki’s Trial: 17 Political Parties Ask CCT Judge To Resign by jerrex(m): 11:34am On Apr 28, 2016 |
macfarland: so which government is honest PDP. come on use wisdom now pls 1 Like |
Art, Graphics & Video / This Are Some Of My Photoshop Work. Post Yours Here Too For Us To See by jerrex(m): 6:11pm On Apr 14, 2016 |
OK let's start showing our work
|
Car Talk / Re: Warning: Please Check Your Fire Extinguisher, You May Be Shocked It Is Empty by jerrex(m): 8:21pm On Oct 17, 2015 |
Thanks |
Politics / Emir Of Kano Reveals How $12.5bn Disappeared Under GEJ by jerrex(m): 4:31pm On May 15, 2015 |
The Emir of Kano, Muhammad Sanusi II, has revealed that under President Goodluck Jonathan’s rule more than half a billion dollars in oil revenues were disappearing every month in unknown direction. Thus, up to $40 billion could have been diverted from the treasury during Jonathan’s five year rule. Reacting to the results of the Nigerian National Petroleum Corporation’s (NNPS) audit conducted by PricewaterhouseCoopers, Sanusi said: “You can suspend a man, but you cannot suspend the truth”. In his article in the Financial Times titled “Unanswered questions on Nigeria’s missing oil revenue billions” the Emir reiterated that he was fired by Jonathan from the post of the head of Central Bank of Nigeria for exactly the same thing PricewaterhouseCoopers specialists did, questioning where around $20 billion in oil revenues had gone instead of the national treasury. Sanusi stated in his article that it raises serious questions that should be addressed to the outgoing government officials of highest level including Petroleum Minister Diezani Alison-Madueke. He added that Diezani doesn’t have anything to say in her defense. In case these officials are guilty of embezzlement they must be charged, insists Sanusi, claiming that “Nigerians did not vote for an amnesty for anyone”. “Contrary to the claims of petroleum minister Diezani Alison-Madueke, the audit report doesn’t exonerate the NNPC, it [PwC audit report] establishes that the gap between the company’s oil revenues between January 2012 and July 2013 and cash remitted to the government for the same period was $18.5bn.” The Emir also revealed one of the embezzlement schemes which made it possible to divert several billion dollars in the unknown direction. The so-called kerosene subsidy scam included $3.4 billion withheld by NNPC to pay for subsidies on kerosene to bring it to a price of 50 naira per litre. But common Nigerians have never seen any effect to that, having to pay up to 140 naira a litre, because this subsidy on kerosene simply didn’t exist in the 2012 and 2013 budgets. The other way of diverting money from national treasure was through the NNPC’s subsidiary company, Nigerian Petroleum Development Company which paid only $ 100 million for oil assets worth at least $6.8bn. “It was extracting crude worth billions of dollars but yielding very little revenue for the treasury”, said Sanusi, claiming also that “of the $18.5bn in revenues [for 19 months] that the state oil company [NNPC] did not send to the government, about $12.5bn appears by my calculations to have been diverted”. Thus, at least $0.65 billion were diverted monthly. Hence, it is easy to calculate that up to $40 billion could have been diverted during the outgoing president’s five-year term, if that trend was continuous throughout his rule. Earlier Sanusi Lamido Sanusi, the former governor of the Central Bank of Nigeria (CBN) had spoken exclusively to Al Jazeera following his sacking by Goodluck Jonathan. “I’m not afraid [to be jailed]… the only way this country will change is if people stop being intimidated by the state,” he said. Sanusi, who was suspended by President Jonathan over allegations of misconduct, has rejected the claims against him, insisting he was removed for highlighting alleged widespread corruption in the oil and gas sector.
|
Jokes Etc / Re: Meet The Nigeria Superman In His Metropolis by jerrex(m): 10:46am On Apr 21, 2015 |
funny 1 Like |
Politics / Re: Court Lifts Ban On Obasanjo’s Autobiography, ‘My Watch’ by jerrex(m): 11:23pm On Apr 15, 2015 |
ok |
Politics / Battle For Lagos: Jimi or Ambode.... Got this online by jerrex(m): 12:23am On Apr 09, 2015 |
Battle For Lagos: Brilliant comment! Onyebuchi Ememanka writes ~ What is the principal interest of the Igbos in Lagos? What do we seek to achieve in our sojourn here? My take is simple. We seek a prosperous Lagos that is economically viable, peaceful....a mini Nigeria of sorts where all people are able to live and pursue their livelihood without let or hinderance. As a people that thrive on commerce, Igbos want a Lagos where there are government policies that promote the growth of commerce and business. A Lagos where government builds roads, bridges, hospitals and is generally alive to their duties. Education is free in Lagos and our children enjoy this. No Igbo child has been sent away from any public school in Lagos. Lagos state government pays WAEC and NECO fees for all students in Lagos....our children enjoy this too. What do we really want in Lagos? The truth is that we are strangers here. Lagos belongs to some people, just like Onitsha and Aba. Let's not carry on as if this place is a no man's land. It is not! All of a sudden, Jimi Agbaje has become an Igboman....we have adopted him as our son.....the same way we adopted President Jonathan in the last election against our strategic interest as a people...a decision that has left us in serious political confusion and our senators begging to be admitted into the APC. What is the difference between Jimi Agbaje and Akinwumi Ambode? Is any of them Igbo? What is our problem? I believe that we have a fair share here. We live in peace unlike our people in the North. I don't think there are more Igbos in Lagos than there are in Kano, yet we live peacefully here. Yorubas are highly politically sophisticated people and they understand that it is better for them to have a government in Lagos that belongs to the same party as the party at the centre. Igbos cannot love Lagos more than Yorubas. This is their land. If anything happens here now, we will all leave and return home. These people own here...this is their home and we must respect their feelings. Every person living in Lagos wants more federal presence in Lagos. We want a 4th mainland bridge, we want so many other things that the federal government can do. In the years past, Lagos hasn't enjoyed much federal intervention because of political party differences. Now they have that chance and we want to spoil it for them by being more catholic than the pope. Let everybody vote any candidate he wants but I reject any collective Igbo move to vote against the strategic interests of the people who own the land where we live and make our living. Lagos has been good to our people. We have succeeded here in business and the professions. Let's not disrespect the people of Lagos. I will not support any move that will create an impression that Igbos are against the interest of the owners of Lagos. Nobody has murdered our people here like what we see in the north. Lagos remains the only state in this country where Igbos hold top government positions. Even our neighbors and brothers, Rivers State have never given us that privilege despite our huge population and presence there. As for me, I want Lagos to progress and on Saturday, I will proudly vote for Akinwumi Ambode. 5 Likes 1 Share |
(1) (of 1 pages)
(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. 33 |