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Alleged Missing $49.8bn: Senate Report Is Compromised – CNPP

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SENATOR AHMED MAKARFI DISCUSSING WITH DEP. SENATE PRESIDENT, IKE EKWEREMADU

SENATOR AHMED MAKARFI DISCUSSING WITH DEP. SENATE PRESIDENT, IKE EKWEREMADU

The Conference of Nigerian Political Parties (CNPP) yesterday said the Senate report on the purportedly missing $49.8 billion crude oil revenue, which recommended that President Goodluck Jonathan should submit a supplementary budget, is unconstitutional.

Last week, the Senate Committee on Finance chaired by Senator Ahmed Makarfi (PDP, Kaduna) said President Jonathan should “prepare and present to the National Assembly, a supplementary budget to cover the sum of N90.693 billion for PMS subsidy for 2012 and the sum of N685.919 billion for kerosene subsidy expended without appropriation by the National Assembly”.

CNPP, which was reacting to part of the report of the committee’s investigation of the NNPC on the alleged missing oil revenue, said the above aspect of the committee’s report is retroactive.

CNPP spokesman, Osita Okechukwu said yesterday in Abuja that the Senate should not have missed the point that less than transparent as the expenditure of any amount without appropriation is an impeachable offense.

CNPP said it had gone through the Nigerian Constitution and could not see any section that mandated the Senate to make such unconstitutional and fraudulent recommendation.

“It is our candid opinion that the sanctity of the Appropriation Act must at all times be guarded jealously by the National Assembly, for the intendment of the appropriation process is for transparency, hierarchy of needs measurement and prioritization of items”, Okechukwu said.

The CNPP spokesman said the Senate in disregard of the rule of law, covertly issued a compromised report “that even forgot that the Minister of Finance and Coordinator of the Economy, Dr Ngozi Okonjo-Iweala, who had acknowledged after the inter-agency and ministerial reconciliation that $12.8 billion was not remitted to the Federation Account and hence missing”.

He then asked: “Has our Distinguished Senators also easily forgotten that the subsidy on kerosene was removed by late President Umaru Musa Yaradua when he discovered that it only benefits the oil cabal?”

“CNPP still contends that the Senate report is spurious, jaundiced and compromised and consequently the $20 billion dollars is still missing given available records”.

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Sanwo-Olu Names Building After Tinubu, Warns Youths Against Vandalism

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Sanwo-Olu Names Building After Tinubu, Warns Youths Against Vandalism

Babajide Sanwo-Olu

Governor Babajide Sanwo-Olu of Lagos has named the newly built Apapa-Iganmu Local Council Development Area after the National Leader of the All Progressives Congress (APC), Bola Ahmed Tinubu.

This was made known in a statement by the Chief Press Secretary to the governor, Gboyega Akosile.

Sanwo-Olu also named the Agboyi-Ketu LCDA after the late Senator of Lagos East Senatorial District, Adebayo Osinowo.

He stated that the recent #EndSARS protests brought out the need for the government to double their efforts and prioritize youth development and empowerment.

Also Read: No Pardon For Rapists, Says Sanwo-Olu

The governor however warned youths against the destruction of the government’s assets built with public funds.

Sanwo-Olu disclosed that the decision of the council leadership in Agboyi-Ketu to name the edifice after Osinowo testified to the contributions he made to the development of the council.

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PDP Governor, Matawalle Commends Umahi For Joining APC

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PDP Governor, Matawalle Commends Umahi For Joining APC

Dave Umahi

Governor of Zamfara State, Bello Matawalle, has commended Governor David Umahi of Ebonyi State, for joining the All Progressives Congress (APC).

Governor Matawalle who is a governor on the platform of the Peoples Democratic Party (PDP) attributed Mr Umahi’s decamping to “bad blood in the present Peoples Democratic Party.”

Also Read: Gov. Umahi Sacks Political Appointees From Ohaukwu LGA

Governor Matawalle made this comment in a statement issued by his spokesperson, Zailani Bappa, on Friday.

He expressed that he would rather commend Umahi for “his bold decision rather than condemn him because everyone feels welcome only in a house where he feels comfortable.”

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You Are A Worthy Successor, Aregbesola Tells Oyetola

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You are a worthy successor, Aregbesola tells Oyetola

Aregbesola and Oyetola

Rauf Aregbesola, former Governor of Osun State and Minister of Interior, has described Governor Gboyega Oyetola as a worthy successor.

In a congratulatory statement in Osogbo on Friday to mark Oyetola’s second anniversary, the Minister said the Osun governor has weathered the storm of governance effectively.

Aregbesola wrote: “I write to congratulate you on the second anniversary of your administration.

“I look back with pride and nostalgia the hard-fought battle of your election and the continuation of progressive administration in the State of Osun.

Also Read: Oyetola Bans Sales Of School Uniforms

“There have been challenges along the line – the inclement national financial weather, the COVID-19 pandemic and others not so significant. But you have weathered the storm admirably and steadied the ship of state.

“The challenges will no doubt present a new format as you step into the third year. These are heightened political participation, pressure to deliver more dividends of democracy and increased demands from the political system. I have no doubt that you will cope nicely.

“Please continue to make the welfare of the people your biggest concern. They are the reason for the state. Without them there will be no government or any political office to occupy.

“Once again, congratulations, as I wish you a resounding success in office and every aspect of life.

“My kind regards to the good wife, Alhaja Kafayat Oyetola and the entire cabinet of the State of Osun.”

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