No longer Buisness as Usual! Buhari Talks Tough, Vows to Recover Billions of Dollars Stolen by Past Officials.


President Muhammadu Buhari Tuesday in Abuja assured state governors that the days of impunity, lack of accountability, and fiscal recklessness in the management of national resources are over in Nigeria.

Speaking at a meeting with the governors in the Presidential Villa, Mr. Buhari also vowed thatfunds stolen by government officials who abused their offices in the recent past will be recovered and systemic leakages stopped.

“There are financial and administrative instructions in every government parastatal and agency. But all these were thrown to the dogs in the past,” the Special Adviser to the Media and Publicity, Femi Adesina, quoted the President as saying. “Honestly, our problems are great, but we will do our best to surmount them.

“The next three months may be hard, but billions of dollars can be recovered, and we will do our best, ” the President told the governors.”

Expressing surprise that the governors had tolerated the atrocities allegedly committed with the Excess Crude Account since 2011, President Buhari promised to tackle the issue decisively.

The President declared that the payment of national revenue into any account other than the Federation Account was an abuse of the constitution, adding that what he had heard was going on in many agencies and corporations, particularly the NNPC, was clearly illegal.

On the refund of monies spent on federal projects by state governments, President Buhari assured the governors that the Federal Government will pay, but insisted that due process must be followed.

The President promised special assistance for the three North Eastern states badly affected by the Boko Haram insurgency.

He also said that a comprehensive statement on the economic and financial situation inherited by his administration will be made to the nation within the next four weeks.
“We will try and put the system back into the right position. What happened in the 2nd Republic has apparently happened again, and even worse, but we will restore sanity to the system,” President Buhari assured the Governors.

On an immediate lifeline for states that owe salaries running into many months, President Buhari said a committee headed by the Vice President Yemi Osinbajo will look at the Excess Crude Account and see what can be shared immediately.

The governors, led by Chairman of the Governors Forum, Abdulaziz Yari of Zamfara State, had presented a wish list to the President that included:

1) Obedience of extant Supreme Court ruling that all monies go into the Consolidated Federation Account;
2) An order from the President that all revenue generating agencies must pay into the Consolidated Federation Account;
3) Review of the Revenue Allocation Formula;
4) Refund of the monies expended by states on federal projects;
5) A special consideration for the three states of the North East under Boko Haram infestation;
6) Full details of the amounts that accrued into the Excess Crude Account from 2011, and how the money miraculously shrank without official sharing.

Via - Premium Times


Comments

Post a Comment

Popular posts from this blog

Burning Man Erection Contests Where A mans Erectile resilience (Stiffy) is Tested.

Image
"The first boner to rise gets the prize," says Brad McCray at the start of the event. McCray is a beast of a man who leads the Burning Man theme camp Slut Garden with his wife of 10 years, Tammy. In front of him, five men stand exposed from the waist down with their scantily clad female partners dancing around them, encircled by a cheering, dust-covered crowd of hundreds. Every man is trying to produce an erection as fast as he can without touching himself. Their partners can encourage the sexletes but not by using their hands. This is the Speed Boner challenge, the finale to McCray's fourth annual Slut Olympics. Other events include Deep Throat (a pretty self-explanatory contest that involves a 13-inch dildo), Guess-A-Willy (a blindfolded woman has to identify her partner's penis out of a lineup of naked men), and a Best Balls beauty contest. Speed Boner is still the biggest draw. For seven days, a patch of the Black Rock Desert in Nevada becomes t...
Read more

Revealed! Yvonne Nelson Speaks on lesbian Rumours.

Image
’I like Jim Iyke because he is a hot guy’ By Ekerete Udoh My interview with top Ghanaian actress – Yvonne Nelson-was a revelation in so many ways. Of the leading Nollywood stars, Yvonne is among those I had not had a close relationship with. I had watched her from afar, seen countless number of her movies and had always thought she was a great and talented actress – someone who combined poise, beauty and style. I had also heard of some unsavory things ascribed to her – the rumors of sexual orientation which some say verged between pure lesbianism and bi-sexualism – all manner of shenanigans that had been whispered and published about her. Some years ago, she came out with a movie, “Heart of Men”, in which she seemed to have appeared in frontal nudity– a development that set off a firestorm of protest among Nollywood lovers –with many condemning the exploitation of graphic sexual images to promote and sell movies – which was a deviation of what Nollywood had alway...
Read more

Bare-breasted Women Parade Through New York for Seventh Annual Go Topless Day...

Image
Sunday was the seventh annual International Go Topless Day and women around the world marched topless in support of women's rights. The movement: states as its mission 'As long as men are allowed to be topless in public, women should have the same constitutional right. Or else, men should have to wear something to hide their chests.' In one of 60 events planned around the world women gathered in Manhattan with placards and banners - and without their tops. Scroll down for video The green colored states are those where top freedom is in effect. The orange colored ones have amibiguous state laws on the matter. The red colored ones are the ones where the mere showing of the female breast in public is illegal according to state law. Though the majority of states are top free, some cities in those states have passed (unconstitutional) ordinances that annul the state's top free statute. The following cities are officially topless "tested...
Read more