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

Good Woman...

The most recent exposure by Hon. Abdulmumin Jibrin under this fraudulent administration has been swept under the carpet.


Chai Barber!

lol price to pay indeed.


Election money for the National Assembly??

post=67950682:
Good Woman...

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...?

Firefire:


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...?

Baba is doing the best he can.
Foundation has been so much destroyed from the onset.
We will get there..........SOON!

post=67951101:

Baba is doing the best he can.
Foundation has been so much destroyed from the onset.
We will get there..........SOON!

Which of the Baba? Hope not the one who used style to loot our resources?

Firefire:


Which of the Baba? Hope not the one who used style to loot our resources?

Read this patiently.... If you have the time.

post=67951460:

Read this patiently.... If you have the time.

On the subject matter:

Firefire:


On the subject matter:

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!!'

post=67951584:

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!!'

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?