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Finally!!!! Kemi Adeosun speaks over Ikoyi Whitstblower money

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Press Release:

1.The attention of the Honourable Minister of Finance, Mrs. Kemi Adeosun, has been drawn to media reports surrounding the payment to a whistleblower, who provided the tips that led to the recovery of funds stashed away in a property in Ikoyi, Lagos State.

2. The Honourable Minister wishes to state unequivocally that the Federal Government has not withheld any fund due to any whistleblower. The Ministry has in place detailed procedures for processing payments due under the Whistleblower Policy. The procedures were designed to prevent abuse and legal disputes and to ensure protection of the information providers.

3. These procedures include an application by the agency who recovered the funds including evidence of the recovery, confirmation that there are no pending legal issues on the recovery, verification of the identity of the information provider, calculation of the amount payable and computation of relevant taxes.

4. It must be stated also that payments are made in monthly batches to ensure control and to protect the identity of information providers. To date, over 20 of such persons have been paid. From available records, the payment due on Ikoyi is among those being processed in the November batch, which will be released within the current month.

5. The Minister reiterates that the Whistleblowing Policy of the Federal Government remains one of the current Administration’s successful initiatives and that the Government is fully committed to ensuring that all those who responded to the policy and partnered with Government in the recovery effort are paid in full and most importantly have their identity protected.

6. The Whistleblower Policy was introduced in December 2016 by the Federal Government as part of the initiatives to wage war against corruption.

Signed:

Oluyinka Akintunde

Special Adviser to the Honourable Minister of Finance

Federal Ministry of Finance

12th November, 2017

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Senate Committee Screens Yakubu For INEC Chair Today

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Senate Committee Screens Yakubu For INEC Chair Today

Mahmood Yakubu

The Senate Committee on the Independent National Electoral Commission (INEC), will screen Mahmood Yakubu today following his re-appointment as Chairman of the Commission for a second and final term.

The Chairman of the committee, Kabiru Gaya, disclosed this to journalists on Wednesday after the panel submitted the report of the 2021 budget estimates of the commission to the Senate Committee on Appropriation.

The Senate received President Muhammadu Buhari’s letter seeking Yakubu’s confirmation on Tuesday.

Also Read: 2023: Buhari Reappoints Mahmood Yakubu As INEC Chairman

He had on October 27 announced his decision to reappoint the former INEC boss.

The president’s letter was forwarded to the committee on INEC for screening which Senator Gaya said will be carried out expeditiously.

“Precisely the re-nominated Chairman of the Commission, Professor Mahmood Yakubu is to face our committee by 2:00 pm for the required drilling, the outcome of which will determine the report to be submitted to the Senate on Tuesday,” he said.

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No Plan To Review 2021 Spending Estimates: Minister

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No Plan To Review 2021 Spending Estimates, Says Ahmed

Finance, Budget and National Planning Minister, Mrs. Zainab Ahmed

Minister of Finance, Budget and National Planning, Zainab Ahmed has expressed that there is no plan to review the spending estimates of the 2021 budget.

She has also allayed the fears of federal civil servants that the country’s entering into recession might stall the salary payments of workers.

She made this known while speaking with journalists after the weekly virtual Federal Executive Council (FEC) meeting in the State House.

Also Read: Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister

Ahmed said even the consequential adjustment in the 2020 budget wholly addressed salary matters.

Recall that the proposed 2021 budget is currently being reviewed by members of the National Assembly.

“On the 2021 budget, we are not planning to retrieve the budget or to reverse the budget beyond the work of appropriation that the National Assembly is currently doing in consultation with us,” she said.

 

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#EndSARS: UK Parliament Does Not Speak For British Govt – FG

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#EndSARS: UK Parliament Does Not Speak For British Govt – FG

Geoffrey Onyeama

The federal government of Nigeria has stated that it has reached out to the United Kingdom to explain its side of the story over the #EndSARS crisis.

This follows a petition being considered by the United Kingdom to sanction officials of the Nigerian government over alleged human rights abuses during the #EndSARS protests in the country.

However, Minister of Foreign Affairs, Geoffrey Onyeama, explained to State House Correspondents on Wednesday that Nigeria has reached out to the UK govt.

He explained that FG has presented its own side of the story to the UK govt to aid its deliberations on the matter.

This he stated after the weekly federal executive council (FEC) meeting presided over by President Muhammadu Buhari, noting that a balanced view is important in such matters.

Also Read: #EndSARS Protest: Those who have murdered Nigerians will not benefit from trade or travel to the UK – Lyn Brown

He said: “Yes, we have reached out to the UK government. The meeting that took place were Parliamentarians and they do not speak for the UK government which acts for the United Kingdom and they have also heard the side of the (Nigerian) government regarding everything that has happened.

“So, we have been in touch with them and engaging with them. Of course, as in any democracy, the members of parliament are able to also able to air their views.

“But what is important, is that a balanced picture is made available to them before they take any decision.”

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