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Nairaland Forum / Nairaland / General / Politics / I Am Ready For Probe, Says Okonjo Iweala (1164 Views)
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I Am Ready For Probe, Says Okonjo Iweala by Nobody: 5:35pm On Jun 30, 2015 |
Ngozi Okonjo-Iweala, former minister of finance and coordinating minister of the economy, says she is “ready and willing to respond to legitimate enquiries about issues under her purview as finance minister”. Denying the allegation that she spent $2.1 billion out of the excess crude account (ECA) without authorisation, Okonjo-Iweala accused some politicians of being bent on tarnishing her image. She said this in a statement issued on Tuesday by Paul Nwabuikwu, her spokesman. “The allegation by some governors that former minister of finance, Dr Ngozi Okonjo-Iweala spent $2.1 billion out of the excess crude account “without authorization” is false, malicious and totally without foundation,” the statement read. “We want to state categorically that no unauthorized expenditure from the ECA was made under Okonjo-Iweala’s watch in the finance ministry. Decisions on such expenditure were discussed at meetings of the federation accounts allocation committee (FAAC) attended by finance commissioners from the 36 states. “It is curious that in their desperation to use the esteemed national economic council for political and personal vendetta, the persons behind these allegations acted as if the constitutionally recognized FAAC, a potent expression of Nigeria’s fiscal federalism, does not exist. “The former minister is ready and willing to respond to legitimate enquiries about issues under her purview as finance minister. But it is clear that this is the latest chapter of a political witch-hunt by elements who are attempting to use the respected national economic council for ignoble purposes having failed abysmally in their previous attempts to tar the Okonjo-Iweala name.” After the inauguration of NEC on Monday, Adams Oshiomhole, governor of Edo state, who is a member of the four-man committee, saddled with the task of probing the Nigerian National Petroleum Corporation (NNPC), alleged that Okonjo-Iweala did not give a proper account of the resources of the country. “We looked at the numbers for the ECA, 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 by November 2014 that we had $4.1 billion. But today, the accountant-general’s office reported we have $2.0 billion, which means the honourable minister spent $2.1 billion without authority of the NEC. And that money was not distributed to states, it was not paid to the three tiers of government. This is why the NEC has set up a panel to look at what accrued, what was it spent for, when and by whom. So that Nigerians will have the full picture of all the transactions as regards the much talked about Excess crude,” he had said. www.thecable.ng/ready-probe-says-okonjo-iweala 1 Like |
Re: I Am Ready For Probe, Says Okonjo Iweala by Nobody: 5:35pm On Jun 30, 2015 |
Don't worry Ma'am, you have done enough explanations. Our President is a dullard and doesn't understand modern economic terms and jargons, except dose dat bother on kwarrapt fratices in West Germany. One thing I know for sure...he wouldn't remember a thing! Quote me and get choked on burnt Dodo! 6 Likes |
Re: I Am Ready For Probe, Says Okonjo Iweala by INTROVERT(f): 5:36pm On Jun 30, 2015 |
We then, we can begin the game. ![]() 1 Like |
Re: I Am Ready For Probe, Says Okonjo Iweala by Nobody: 5:37pm On Jun 30, 2015 |
madam Ankara we hear ![]() |
Re: I Am Ready For Probe, Says Okonjo Iweala by natas22: 5:37pm On Jun 30, 2015 |
Re: I Am Ready For Probe, Says Okonjo Iweala by mrpackager(m): 5:39pm On Jun 30, 2015 |
![]() That moments you are so sure ![]() ![]() Even if them use ifa ![]() GOOD JOB .....okonjo ![]() |
Re: I Am Ready For Probe, Says Okonjo Iweala by usayab(m): 5:42pm On Jun 30, 2015 |
Abi! 1 Like |
Re: I Am Ready For Probe, Says Okonjo Iweala by Nobody: 5:45pm On Jun 30, 2015 |
Which body has the authority to appropriate money and approve withdrawals; Federation Accounts Allocation Committee (FAAC) or National Economic Council (NEC)? Ngozi and Oshiomhole should stop playing with words. We want to know what the money was used for. That is more relevant than who authorized withdrawal. And that is what they are not telling us. |
Re: I Am Ready For Probe, Says Okonjo Iweala by jstbeinhonest(m): 5:51pm On Jun 30, 2015 |
If buhari fails 2 probe okonjo,deziani nd tinubu,den i wuld nt take im serious |
Re: I Am Ready For Probe, Says Okonjo Iweala by richidinho(m): 5:51pm On Jun 30, 2015 |
Oya ooooo .......Buhari stop running your mouth and invite her for explanation. Ask national Assembly wat happened when they invited her 3 Likes |
Re: I Am Ready For Probe, Says Okonjo Iweala by hamilton62(m): 5:52pm On Jun 30, 2015 |
please, are governors supposed to be auditing the NNPC.. who are they in financial comprehension and exercising and analysis of financial inflows and out flows if not embezzlement they are specialized on? I will like the services of financial institutions they trust to do the analysis and arithmetics of flow then she can be invited and probed to clear the air.. i like people with open heart and that is why i love, NOI. Please, how can the committee not know about the exercises, duty and participation of federation accounts allocation committee (FAAC) with her and they start airing false allegation.. this administration has a lot of fingers pointing at everyone they deem mor part of them and that might be their downfall though i pray for no such because we need to move forward, i am tired of potential and retarding mechanics of the Nigeria socio-economic state 3 Likes |
Re: I Am Ready For Probe, Says Okonjo Iweala by asumo12: 5:56pm On Jun 30, 2015 |
U sure she can? richidinho: ![]() |
Re: I Am Ready For Probe, Says Okonjo Iweala by hamilton62(m): 6:00pm On Jun 30, 2015 |
mrpackager:her reputation stands out even in the hatred filled Nigerians who know nothing about her administration but listen to the stench of foul economy cry from oppositions of the past administration.... In Nigeria from OBJ's regime to Yar'adua then to GEJ... There is an addage in my place which says; When you are asked to continue on an endeavour, it means you are not doing bad. She served Nigerians under 3 different Presidents... Do you truly comorehenf the dynamics and mechanism of her administration under GEJ? It was diversification which we have been crying on... she succeeded in putting the diversification hallmark of the economy which is peg for 60% non crude product and 40% crude revenue generation and that is why Agriculture and processing with industrialization was on increase lately.... Do you know the effect of the oil drop on countries like Russia and Venezuela ? The above reason is why we didn't feel the harsh stride of the drop even Saudi Arabia foreign reserve was depleted because it and they have better economy than us presently before the crude price fall. Let me measure her successes rate with OBJ's administration.. OBJ left $40+Billion in Nigeria reserve at his unseating when he solely managed the Petroleum Minister and Presidency of the country and ECA revenue wasn't shared among governors. But under GEJ , the APC Amaechi led forum of governors asked for share of the ECA which the president accepted for peace to reign and she advised them to save because there is a raining day ahead but the APC states refuse to heed her advice because of hate and enmity this is why the owe their workers even Amaechi who was the 2nd to the highest receiver of the revenue with £1Billion not $ but could do nothing amounting to this amount to his people talk more of the main Federal revenue allocated to the state but his fellow who is the Highest with some few millions known asAkpabio of Akwa Ibom stare did wonders with what he got and his people are proud... She helped the past administration keep $31Billion even in the fall and share of ECA revenue with OBJ didn't do so don't you think her administration and GEJ dwarf that of OBJ's? Yes, it does because our Foreign Reserve would have amount in $100s of Billion if not for APC, greedy Amaechi and co. even after being hit with global oil fall. I am awaiting the probe because it will connect a lot of politicians, i trust her.... good days ahead. www.thisdaylive.com/articles/state-govts-shared-n2-92tn-from-excess-crude-account-in-four-years/210202/ 4 Likes |
Re: I Am Ready For Probe, Says Okonjo Iweala by SUBMARINE: 6:01pm On Jun 30, 2015 |
usayab: Your mumuism is legendary Go ask your governors. 3 Likes 1 Share |
Re: I Am Ready For Probe, Says Okonjo Iweala by chamboy(m): 6:02pm On Jun 30, 2015 |
Are u ready for jail too |
Re: I Am Ready For Probe, Says Okonjo Iweala by ahaz: 6:13pm On Jun 30, 2015 |
Editor1:that ape called oshomole thinks he can rubbish dis woman, let him settle his state judiciary issues first. Stupid man 4 Likes |
Re: I Am Ready For Probe, Says Okonjo Iweala by ahaz: 6:17pm On Jun 30, 2015 |
hamilton62:I personally believe that chimp from edo state was asking the woman out but him shot hit bar, dats why him they beef the woman. 1 Like |
Re: I Am Ready For Probe, Says Okonjo Iweala by richidinho(m): 6:19pm On Jun 30, 2015 |
asumo12: Asumo12 my guy |
Re: I Am Ready For Probe, Says Okonjo Iweala by asumo12: 6:32pm On Jun 30, 2015 |
Re: I Am Ready For Probe, Says Okonjo Iweala by bobbiekrantz: 6:37pm On Jun 30, 2015 |
That Ancient Benin ape should stop being daft and Shamelessly ignorant... bet he doesn't even know all those Economic terms pointed out by NOI A good observation would notice that this current administration have nothing to offer Nigeria if you think that The senile president would delive then you must be high on Cement. These Old !d!ots should stop casting blames and get to work by fulfilling the lame promises they uses to buy some Gullible amateurs in this Country!! 1 Like |
Re: I Am Ready For Probe, Says Okonjo Iweala by Nobody: 6:43pm On Jun 30, 2015 |
Do u thnk we believe u, she did took d money b'cos non of dem expected that Gej will nt win so it took dem un aware, d av compaign wit d money open wen d power return to them (pdp) d will cover it up but everythn took another dimention. well she cnt claim she is a saint b'cos she is a thieve 2, d say goat wey follow dog go chop shitt. Madam ankara who be ur friends? |
Re: I Am Ready For Probe, Says Okonjo Iweala by usayab(m): 6:56pm On Jun 30, 2015 |
Your mumuism is legendary Go ask your governors.[/quote] u mean those fund they gave them to rig election 4 GEJ? Don't worry if She is jailed, she will mention my govonors. |
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