Connect with us

Politics

Mohammed Dismisses Allegations Of TSA Fraud

Published

on

TSA

The Minister of Information and Culture, Alhaji Lai Mohammed has dismissed as a contrived distraction the alleged fraud in the Treasury Single Account (TSA) and the rumoured diversion of the TSA funds to bankroll elections in Bayelsa and Kogi States.

”It is understandable that the psyche of those who are making the frivolous allegations concerning the TSA has been badly affected by the impunity that permeated the country under the immediate past Administration, when unappropriated funds were freely used to finance elections and the public till was seen as an extension of personal piggy banks,” Mohammed said in a statement isued in Abuja on Monday.

According to the Minister, if those behind the accusation had allowed themselves some measure of honesty, they would have realized that there has not and there will be no such impunity under the Administration of President Muhammadu Buhari.

“But the lies that have been willfully disseminated by scandalmongers over the TSA cannot and will not fly, because it was precisely to put an end to such impunity that Nigerians voted massively for President Muhammadu Buhari, who has an unblemished reputation for integrity, due process, transparency and the rule of law,” he said.

“Those behind the rumour that a single company, Systemspecs, made 25 billion Naira from charging 1 per cent of TSA funds that passed through the company’s software, Remita, may need to return to elementary school to get some lessons in arithmetic.

“This is because in order for 1 per cent charge to fetch 25 billion Naira, the funds accruing into the TSA must have reached 2.5 trillion Naira. Yet, the total amount of funds in the TSA to date is still much less than 2 trillion.

“More importantly, at the time the Governor of the Central Bank of Nigeria (CBN) ordered that all monies that were erroneously charged as ‘revenue’ be returned to the TSA Account late last month, the TSA had less than 800 billion Naira. It therefore beggars belief that anyone could attempt to mislead the public by raising a false alarm that a firm made 25 billion Naira in TSA charges,” Mohammed said.

He appealed to Nigerians not to allow those who have been funding their lavish lifestyles and encouraging corruption, to the detriment of ordinary citizens, to sabotage the TSA programme with contrived lies, dangerous innuendoes and outright misinformation.

Continue Reading
2 Comments

2 Comments

  1. Biodun

    November 16, 2015 at 10:51 pm

    It is the Minister that should rather go and brush up his knowledge. 2.5bilion or 2bilion, the fact still remain that so much has been made as a result if the 1% and much shall still be made. Into which purse us that amount going! Remind alone? Doubtful? Another case much in the ilk of the petroleum subsidy payment.
    Anyway, it is high time that this government stopped blaming the past administration for their issues. Or is Jonathan administration still responsible for the TSA? Enough if all these apologies.

    • ola james

      November 17, 2015 at 10:17 am

      sometime i ask myself if these so called lai mohamed think before he talks mr minister go nd face ur ministering work u re the one misleading the public get lost lai mohamed

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

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

Published

on

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.

Continue Reading

Politics

PDP Governor, Matawalle Commends Umahi For Joining APC

Published

on

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.”

Continue Reading

Politics

You Are A Worthy Successor, Aregbesola Tells Oyetola

Published

on

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.”

Continue Reading

Trending