Competent & Courageous Minister Has This to
Say:

Dayo Orolu WROTE:
I was at a CFO Forum earlier today where the
Minsiter of Finance, Ms Kemi Adeosun made a
presentation.
My key take-away:

1. The FG payroll bill in January 2016 was
5billion naira less than that of December 2015.
Reason: many fraudulent ghost accounts had
been delisted. Plan is to achieve 10bilion
monthly savings.

2. 400 accounts opened in a Bank sameday and
put on the payroll are now inactive due to BVN.
(Some Bank Managers will be transfered to
Kuje in no time).

3. Govt plans to reduce domestic borrowing to
fund budget deficit as to 'force' banks to lend to
the productive sector. 50% of 2016 budget
borrowing will be from external sources.

4. Govt spending on Stationery and office
consumables in 2015 was 18.5billion while total
spend on capital expenditure was
18.9billion. (See why we keep getting poorer).
Govt is re-negotiating all contracts of supply for
more efficie

5. 30% Capex budget in 2016 is to stimulate
the economy.

6. The Minister said her outfit to the forum
cost her just two thousand naira. (Message:
Ladies, please drop Gucci suits for local
materials). She also queried why schol pupils
are forced to wear socks daily which we don't
produce locally.

7. On looted funds, one (just one!!!) former
public official is negotiating with FG to return
$1billion (equivalent of 199billion naira at CBN
rate) of stolen fund. This is just one of many.

8. She wants to be the first Finance Minister
that wouldn't want to know or care to know the
price of crude oil. Implying - they plan to build
a self-sustaining economy.

#MayBuhariSucceed

Nice one. We pray God gives them the wisdom and strength to see us to positive posterity.

ashjay001:
Competent & Courageous Minister Has This to
Say:

Dayo Orolu WROTE:
I was at a CFO Forum earlier today where the
Minsiter of Finance, Ms Kemi Adeosun made a
presentation.
My key take-away:

1. The FG payroll bill in January 2016 was
5billion naira less than that of December 2015.
Reason: many fraudulent ghost accounts had
been delisted. Plan is to achieve 10bilion
monthly savings.

2. 400 accounts opened in a Bank sameday and
put on the payroll are now inactive due to BVN.
(Some Bank Managers will be transfered to
Kuje in no time).

3. Govt plans to reduce domestic borrowing to
fund budget deficit as to 'force' banks to lend to
the productive sector. 50% of 2016 budget
borrowing will be from external sources.

4. Govt spending on Stationery and office
consumables in 2015 was 18.5billion while total
spend on capital expenditure was
18.9billion. (See why we keep getting poorer).
Govt is re-negotiating all contracts of supply for
more efficie

5. 30% Capex budget in 2016 is to stimulate
the economy.

6. The Minister said her outfit to the forum
cost her just two thousand naira. (Message:
Ladies, please drop Gucci suits for local
materials). She also queried why schol pupils
are forced to wear socks daily which we don't
produce locally.

7. On looted funds, one (just one!!!) former
public official is negotiating with FG to return
$1billion (equivalent of 199billion naira at CBN
rate) of stolen fund. This is just one of many.

8. She wants to be the first Finance Minister
that wouldn't want to know or care to know the
price of crude oil. Implying - they plan to build
a self-sustaining economy.

#MayBuhariSucceed

You honestly typed all the rubbish above to what end?

The annoying thing is in her tenure as FM she watched as FEC submitted the most fraudulent budget in the history of Nigeria!

sunnyb0b0:


You honestly typed all the rubbish above to what end?

You've said nothing to prove what he typed up there is actually rubbish.

Did the minister tell you that all parastatals that have so far been paid January recieved half their salary

RickRichards:

You've said nothing to prove what he typed up there is actually rubbish.

Of all he typed up there, tell me one that is madam minister's own initiative? NONE, the only one, which is budget that would have been is ridden with irregularities and to thing that some APC zombies praised it makes it even irritating.

Which pedigree? The propaganda built one?

The former minister Ngozi Okonjo-Iweala couldn't express numbers and figures very well like Kemi Adeosun. I watched Kemi mentioned trillions to kobo like honey was dropping from her voice.

Has anyone one ever heard any numerical expression from Ngozi Iweala?

ashjay001:
Competent & Courageous Minister Has This to
Say:

Dayo Orolu WROTE:
I was at a CFO Forum earlier today where the
Minsiter of Finance, Ms Kemi Adeosun made a
presentation.
My key take-away:

1. The FG payroll bill in January 2016 was
5billion naira less than that of December 2015.
Reason: many fraudulent ghost accounts had
been delisted. Plan is to achieve 10bilion
monthly savings.

2. 400 accounts opened in a Bank sameday and
put on the payroll are now inactive due to BVN.
(Some Bank Managers will be transfered to
Kuje in no time).

3. Govt plans to reduce domestic borrowing to
fund budget deficit as to 'force' banks to lend to
the productive sector. 50% of 2016 budget
borrowing will be from external sources.

4. Govt spending on Stationery and office
consumables in 2015 was 18.5billion while total
spend on capital expenditure was
18.9billion. (See why we keep getting poorer).
Govt is re-negotiating all contracts of supply for
more efficie

5. 30% Capex budget in 2016 is to stimulate
the economy.

6. The Minister said her outfit to the forum
cost her just two thousand naira. (Message:
Ladies, please drop Gucci suits for local
materials). She also queried why schol pupils
are forced to wear socks daily which we don't
produce locally.

7. On looted funds, one (just one!!!) former
public official is negotiating with FG to return
$1billion (equivalent of 199billion naira at CBN
rate) of stolen fund. This is just one of many.

8. She wants to be the first Finance Minister
that wouldn't want to know or care to know the
price of crude oil. Implying - they plan to build
a self-sustaining economy.

#MayBuhariSucceed

Bootlicker kawai! No amount of laundering will change the fact that kemi is overwhelmed!

tuniski:


Bootlicker kawai! No amount of laundering will change the fact that kemi is overwhelmed!

How can billions recovered be overwhelming? When billions missing was d benchmark?

sunnyb0b0:


You honestly typed all the rubbish above to what end?

If u read all dat, n u still tink I typed it, den it shows u just how smart u are.

baralatie:
The annoying thing is in her tenure as FM she watched as FEC submitted the most fraudulent budget in the history of Nigeria!

Even if d saboteurs are wailers, how did d ministers miss it?!

ashjay001:



Even if d saboteurs are wailers, how did d ministers miss it?!

Exactly it was sunnybobo that wrote house rent in the budget in aso rock for PMB to pay and a whole FM was looking for oyegun and lai to comment!
The beauty of the budget fraud is that budget ,a budget that was looked into at an FEC meeting of which she attended and agreed by members of the FEC is now saying it was the wailers on naira land that sabotaged their own ApC administration budget!
Very funny o!
that lie no get season two

baralatie:

Exactly it was sunnybobo that wrote house rent in the budget in aso rock for PMB to pay and a whole FM was looking for oyegun and lai to comment!
The beauty of the budget fraud is that budget ,a budget that was looked into at an FEC meeting of which she attended and agreed by members of the FEC is now saying it was the wailers on naira land that sabotaged their own ApC administration budget!
Very funny o!
that lie no get season two

So, who says wailers are only on nairaland?

ashjay001:



So, who says wailers are only on nairaland?

Thanks obj form is still being processed.sanusi case is still being considered and tinubu as a Lagos has a copy already

baralatie:
The annoying thing is in her tenure as FM she watched as FEC submitted the most fraudulent budget in the history of Nigeria!

And you think she or any of the mnisters had any input in the design of that budget?

About time nigerans understood that the budget was prepared by PMB's chosen allies and foisted on the ministers and ministries.

ashjay001:



How can billions recovered be overwhelming? When billions missing was d benchmark?

is the economy dumb? That tells u how overwhelmed kemi is!

tuniski:
is the economy dumb? That tells u how overwhelmed kemi is!

Where is she supposed to get foriegn exchange? Imagine her alleged savings during an oil boom like was available in d past.

D present downturn is due to d scarcity of foreign exchange. She can only try to close leaks, implement efficiency, recover stolen loots n pray oil prices rise again or d change agenda actually works! Fiscal responsibility!

baralatie:
The annoying thing is in her tenure as FM she watched as FEC submitted the most fraudulent budget in the history of Nigeria!

Except that she is not in charge of budget formulation

Have you considered that at all?

Her job is to manage public finances based on the budget

Go and research the name of the man in charge of the budget formulation

.

Do we have a finance minister? What's her name? Haven't heard of her before now. Overwhelmed is putting it mildly. She doesn't know what to do. The complexity of Nigerian economy is just beyond her. NOI bestrode it like a collosus and tried to tame it and she succeded but all hell was let loose the moment she left. Dollar is racing to N400. Can't we call her back? Just my 2 cents.

ashjay001:


Where is she supposed to get foriegn exchange? Imagine her alleged savings during an oil boom like was available in d past.

D present downturn is due to d scarcity of foreign exchange. She can only try to close leaks, implement efficiency, recover stolen loots n pray oil prices rise again or d change agenda actually works! Fiscal responsibility!

It is not the scarcity of forex occasioned by drop in petroleum revenue that we can't understand but, the rookie approach to solving it both in the Short to Medium term!
Accepting a buhari's position instead of pulling weight to ensure buhari listens is the problem.

ashjay001:
Competent & Courageous Minister Has This to
Say:

Dayo Orolu WROTE:
I was at a CFO Forum earlier today where the
Minsiter of Finance, Ms Kemi Adeosun made a
presentation.
My key take-away:

1. The FG payroll bill in January 2016 was
5billion naira less than that of December 2015.
Reason: many fraudulent ghost accounts had
been delisted. Plan is to achieve 10bilion
monthly savings.

2. 400 accounts opened in a Bank sameday and
put on the payroll are now inactive due to BVN.
(Some Bank Managers will be transfered to
Kuje in no time).

3. Govt plans to reduce domestic borrowing to
fund budget deficit as to 'force' banks to lend to
the productive sector. 50% of 2016 budget
borrowing will be from external sources.

4. Govt spending on Stationery and office
consumables in 2015 was 18.5billion while total
spend on capital expenditure was
18.9billion. (See why we keep getting poorer).
Govt is re-negotiating all contracts of supply for
more efficie

5. 30% Capex budget in 2016 is to stimulate
the economy.

6. The Minister said her outfit to the forum
cost her just two thousand naira. (Message:
Ladies, please drop Gucci suits for local
materials). She also queried why schol pupils
are forced to wear socks daily which we don't
produce locally.

7. On looted funds, one (just one!!!) former
public official is negotiating with FG to return
$1billion (equivalent of 199billion naira at CBN
rate) of stolen fund. This is just one of many.

8. She wants to be the first Finance Minister
that wouldn't want to know or care to know the
price of crude oil. Implying - they plan to build
a self-sustaining economy.

#MayBuhariSucceed

Brown envelope journalist
quote me whenever $1 = N1

Look at how APC online idiots are making reference to IPPIS and BVN as if they could have innovated such if they weren't there in the first place. Shame! your so-called savings are products of the creations of the Jonathan's government....Triple shame!!!

baralatie:
The annoying thing is in her tenure as FM she watched as FEC submitted the most fraudulent budget in the history of Nigeria!

she is not in charge of budget, udoma is

sdindan:


Brown envelope journalist
quote me whenever $1 = N1

Hopefully, we'll both still be alive. But, we'll get to see some goats actually go to jail.

tuniski:

It is not the scarcity of forex occasioned by drop in petroleum revenue that we can't understand but, the rookie approach to solving it both in the Short to Medium term!
Accepting a buhari's position instead of pulling weight to ensure buhari listens is the problem.

If rumours are to be believed, she was never ment to hold dat post. But, d supposed heir apparent was celebrating b4 induction. Personally, I tink PMB wants to 1st do sometin abt kwaruption, b4 letting his ministers loose on d polity. Checks n balances in place, so their feasting won't be as damaging as previously xperienced.

chudionu58:
Look at how APC online idiots are making reference to IPPIS and BVN as if they could have innovated such if they weren't there in the first place. Shame! your so-called savings are products of the creations of the Jonathan's government....Triple shame!!!

And wat do PDP idiots tink of APC formulating their own savings format, while throwing out d buffoon's? Who looses? D govt or d masses? Waiting arnd for d corrupt legislative to pass such bills?

chudionu58:
Look at how APC online idiots are making reference to IPPIS and BVN as if they could have innovated such if they weren't there in the first place. Shame! your so-called savings are products of the creations of the Jonathan's government....Triple shame!!!

GEJ's govt created dem, how come dey couldn't make dem work? And IPPIS has been compromised. Or u ment TSA?

specco:
Do we have a finance minister? What's her name? Haven't heard of her before now. Overwhelmed is putting it mildly. She doesn't know what to do. The complexity of Nigerian economy is just beyond her. NOI bestrode it like a collosus and tried to tame it and she succeded but all hell was let loose the moment she left. Dollar is racing to N400. Can't we call her back? Just my 2 cents.

Seriously, wat are u smoking? She bestrode wat? Can u pls, point d present govt to all d savings she made while d going was good? Under her, evrytin was depleted( ECA, SWF, FRs). So, u actually tink more of her BS is d ans?

ashjay001:


GEJ's govt created dem, how come dey couldn't make dem work? And IPPIS has been compromised. Or u ment TSA?

Keep quiet jare! shameless lots, Gej couldn't make what work? What he created?? APC goats and their propaganda!
http://theeagleonline.com.ng/fg-uncovers-46000-ghost-workers-saves-n119b/
Meanwhile, enjoy what someone you hated said that your stupid gods in Abuja never countered.
http://www.ngrguardiannews.com/2015/09/okonjo-iwealas-innovations-led-to-tsa-ippis-says-jonathan/

ashjay001:


And wat do PDP idiots tink of APC formulating their own savings format, while throwing out d buffoon's? Who looses? D govt or d masses? Waiting arnd for d corrupt legislative to pass such bills?

Then keep quiet and silently implement such innovations, not making noise all over the place! since it's never your initiative.