Furry over $49.8b oil revenue!

 

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Culled from Daily Independent

Thursday, December 12, 2013

By Chukwudi Nweje  –   Assistant Features Editor

man-of-the-newsLamido Sanusi again?  That must be the question on many lips. In late 2010, the Central Bank of Nigeria (CBN) Governor caused ripples when he said that about 25% of the annual budget was spent on the National Assembly. He was then delivering a lecture entitled, ‘The Future of Nigeria’s Economy’, at the 8th convocation ceremony of the Igbinedion University, Okada, Edo State where he lamented that the Nigerian economy may not meet its Financial Sector Strategy (FSS) 20:2020 target of being one of the 20 largest economies by 2020.

Sanusi is in the news again, tackling the Nigerian National Petroleum Corporation (NNPC) on corruption. In a letter to President Goodluck Jonathan dated September 25, 2013, he accused the NNPC of not remitting revenue from crude oil sales totalling $49.8bn (about N8trillion) representing about 76 per cent of the total crude oil revenues from January 2012 to July 2013, thus contravening extant laws. The letter reads in part: “Our analysis of the value of crude oil export proceeds based on the documentation received from pre-shipment inspectors’ shows that between January 2012 and July 2013, NNPC lifted 594,024,107 barrels of crude valued at $65,332,350,514.57. Out of this amount, NNPC repatriated only $15,528,410,098.77, representing 24 per cent of the value. This means the NNPC is yet to account for, and repatriate to the Federation Account, an amount in excess of $49.804bn of the value of oil lifted in the same period,” Continue reading “Furry over $49.8b oil revenue!”

Legislature, not just executive to blame for corruption – CACOL

Culled from Daily Independent

Thursday, December 12, 2013

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By Hadiza Muktar and Fatimatu Muktar, Lagos

The Coalition Against Corrupt Leaders (CACOL) has told the Speaker, House of Representatives, Aminu Tambuwal, to blame the legislators for the pervasive corruption in the country.

Tambuwal, on Monday, had said that the body language of President Goodluck Jonathan did not indicate that he has the political will to stem corruption in the country.

The Speaker also decried Jonathan’s penchant for setting up committees to probe corruption allegations and what he termed “the culture of undue secrecy surrounding the operation of government.” Continue reading “Legislature, not just executive to blame for corruption – CACOL”

Reactions trail Bode George’s acquittal

Culled from Saturday PUNCH
December 14, 2013 by Nonye Ben-Nwankwo and Gbenro Adeoye 3 Comments
Bode George
Bode George
| credits: File copy

The Supreme Court judgment which reversed the conviction of the former Deputy National Chairman of the PDP, Chief Olabode George, on Friday, has been trailed by reactions from the members of the public, including lawyers and activists.

A lawyer and human rights activist, Fred Agbaje, who praised the Supreme Court for its swift hearing of the case, said the court had done its job as “a final arbiter of justice in the country.”

Agbaje added that he was rather interested in the legality of the judgment than its political implications.

He said, “I’m not carried away by the political implications of the judgment but simply interested in the legality and the constitutional issue arising from the judgment, which is to the effect that contract splitting may simply be a civil matter but it is unknown in the realms of criminal jurisprudence. You can’t fault that.

“You can only punish somebody for an offence that is known to law, and not otherwise. If the Lagos High Court has punished George for contract splitting and the Appeal Court agreed with it and the Supreme Court has dispassionately as the final arbiter looked at it, that is the end of the matter.” Continue reading “Reactions trail Bode George’s acquittal”

Jonathan, Obasanjo in kenya breakfast meeting •Atiku, Jubril Aminu, Sagay, Kashamu, others react to letter

  • Written by  Our Reporters
  • Friday, 13 December 2013

BARELY 24 hours after the media release of a pungent letter to President Goodluck Jonathan, former president, Chief Olusegun Obasanjo, joined Jonathan for breakfast in Nairobi, Kenya, on Thursday.

Jonathan was in the country as guest of President Uhuru Kenyatta, where he joined other African leaders at the 50th Independence anniversary celebration of the East African country.
Obasanjo’s visit to Jonathan in his Intercontinental Hotel, Nairobi, where they had a private breakfast together, came as a surprise, as his letter, first published in the media on Wednesday, had elicited response from the presidency.

Obasanjo left Jonathan after the breakfast, but it was not clear whether they discussed the letter or the issues contained therein.

In the letter, which was first published on Premium Times, an online medium, on Wednesday, Obasanjo had raised numerous allegation against the president, who he accused of working towards another term in office, even when he had undertaken to run for one term. Continue reading “Jonathan, Obasanjo in kenya breakfast meeting •Atiku, Jubril Aminu, Sagay, Kashamu, others react to letter”

Activists Inspect Facilities In Lagos, Decry High Corruption

Published on December 10, 2013 by pmnews   ·   9 Comments

Nigerian activists and anti-corruption crusaders on Monday inspected some facilities in Lagos, western Nigeria, to draw attention to corruption in the state.

The activists, under the umbrella of Coalition Against Corrupt Leaders, CACOL, said the alarming official corruption and propaganda are threatening the future of Lagos.

“The rate at which corruption is proliferating in the country is alarming and Lagos State has been governed by false pretences otherwise known as 419 governance,” said Debo Adeniran, CACOL Chairman. Continue reading “Activists Inspect Facilities In Lagos, Decry High Corruption”

Corruption: CACOL Boss Blasts Speaker Tambuwal, Urges Him To Blame Legislature, Not Just Executive Arm

Posted: December 10, 2013 – 17:22

Posted by siteadmin

Sahara Reporters

 

The Coalition Against Corrupt Leaders (CACOL) has told the Speaker of the House of Representatives, Hon. Aminu Tambuwal, that he must also blame Nigerian legislators for the pervasive corruption in the country.

On Monday, Tambuwal stated publicly that the body language of President Goodluck Jonathan did not indicate that he has the political will to fight corruption in the country.  He decried President Jonathan’s penchant for setting up committees to probe corruption allegations and what he termed “the culture of undue secrecy surrounding the operation of government.”

Reacting to that statement, CACOL’s Comrade Debo Adeniran described the Speaker’s position as a “shameless statement from an inactive control system,” attributing the alarming upswing of corruption in the country to the legislative arm of the government as well. Continue reading “Corruption: CACOL Boss Blasts Speaker Tambuwal, Urges Him To Blame Legislature, Not Just Executive Arm”

…No, lawmakers to blame, says CACOL

Published On: Wed, Dec 11th, 2013

 

The Coalition Against Corrupt Leaders (CACOL) has told the Speaker, House of Representatives, Hon. Aminu Tambuwal to blame the legislators for the pervasive corruption in the country.
Tambuwal had, on Monday said that the body language of President Goodluck Jonathan did not indicate that he has the political will to stem corruption in the country.
The Speaker also decried President Jonathan’s penchant for setting up committees to probe corruption allegations and what he termed, “the culture of undue secrecy surrounding the operation of government.” Reacting to this statement, CACOL chairman, Comrade Debo Adeniran censured the Speaker, over his comment that President Jonathan has been encouraging corruption in the country and attributed the alarming rate of corruption proliferation in the country to, not only the executive, but also the legislative arm of the government. Continue reading “…No, lawmakers to blame, says CACOL”

Anti-Corruption Day: CACOL tasks FG on anti-graft agencies

Culled from Nigerian Pilot
Tuesday, Decmeber 10, 2013

As the annual World Anti-Corruption Day was marked yesterday globally, the Coalition Against Corrupt Leaders, CACOL, urged President Goodluck Jonathan to step-up fight against corruption through the operation and legal enhancement of the various anti-corruption agencies in the country, saying that motivation would help combat the corruption epidemic ravaging the society.

Speaking during anti-corruption tour organised by CACOL in Lagos yesterday to mark the World Anti-Corruption Day, CACOL executive chairman, Comrade Debo Adeniran, bemoaned the alarming state of corruption in the country, urging anti-graft and security agencies to expedite actions on the allegations of official corruption levelled against many state actors, be it at federal, state and local government level. Continue reading “Anti-Corruption Day: CACOL tasks FG on anti-graft agencies”

Graft: Ribadu, rights groups, APC back Tambuwal

December 11, 2013 by Niyi Odebode, John Alechenu, Friday Olokor, Ihuoma Chiedozie and Ade Adesomoju 337 Comments

Culled from The PUNCH
Wednesday, |December 11, 2013
The   All Progressives Congress, the Campaign for Democracy, the  Human Rights Agenda Network  and a former Chairman of the Economic and Financial Crimes Commission, Mallam Nuhu Ribadu,  on Tuesday  told President Goodluck Jonathan  to see  the Speaker of the House of Representatives, Aminu  Tambuwal’s criticism of  his administration’s anti-graft war as a wake-up call.

They said the criticism should not be dismissed with a wave of the hand  because  it came from the speaker, who is not only a Peoples Democratic Party member like Jonathan, but  the nation’s number four citizen.

Tambuwal had at an event organised by the Nigerian Bar Association to mark the 2013 International Anti-Corruption Day in Abuja on Monday , said the President’s body language did not show he had the political will to stem graft in the country. Continue reading “Graft: Ribadu, rights groups, APC back Tambuwal”