Reps accuse Jonathan of aiding budget fraud, say govt offices spend N16 trillion yearly

The House of Representatives said it has uncovered what may turn out Nigeria’s biggest fraud yet, accusing the Jonathan administration of spending N16 trillion on its super offices yearly, while the entire country is given a meagre budget of about N4 trillion.

The claim was made Sunday by the House Public Accounts Committee.

The committee said while the Nigerian government complains of revenue for key projects, the same government has allowed dozens of powerful offices, graded as “statutory and extra-ministerial departments” to spend a minimum of N16 trillion yearly.

The amount spent by the offices are not regulated, audited or appropriated by the National Assembly.
Much of the figure are generated by the respective offices and are deployed at the whims of their chief executives.

Such statutory offices include the Nigerian National Petroleum Corporation, NNPC, Central Bank of Nigeria, National Communications Commission, Federal Inland Revenue Services, and Nigerian Ports Authority.

The revelation came as part of an ongoing examination of finances of government and its 601 agencies, the House committee said.

The committee, which spoke through its chairman, Adeola Solomon-Olamilekan, on Sunday, said when combined with Nigeria’s official annual expenditure, the country spends over N20 trillion yearly.

Mr. Solomon-Olamilekan said the N4.3 trillion budget for 2015, amid an oil crisis, is a “far cry” which does not include the finances of “statutory and extra ministerial departments” which have been running “about N16 trillion” without public auditing.

“The N4.9tn, N4.6tn or N4.3tn, as the case may be, is the budget that the whole Nigerians are listening to but in the true sense of it, the budget of other statutory and extra-ministerial departments put together is about N16tn,” he said.

“So, the total overall budget year in year out is over N20tn, which the executive arm operates, but nobody is asking questions as to the implementation of all these budgets.

“Nobody is bringing information on the implementation of all these budgets; and this is one area Nigerians need to start asking questions in order to move this country forward,”‎ he said.

The House committee said the federal government has encouraged the fraud to continue by deliberately refusing to fund the office of the Auditor General of the Federation, to weaken its capacity to check the violation.

The committee said by reducing the budget of office of Auditor General from N1.9‎ billion to N100 million in 2015, the government deliberately ensured the office no longer had the capacity to audit 601 departments and 144 foreign missions.

The big cut was carried out by the Ministry of Finance, citing falling oil revenues.

“How can we imagine that the capital budget of the office of AGF for the year 2015 was reduced from N1.9bn to N100?

“Can you also imagine an office of the AGF that has 144 foreign missions to audit and as we speak, between 1999 to date, that office has not audited up to 30 of these foreign missions while three quarter of these foreign missions are also revenue generating agencies?

“So, there is nobody to audit the revenue generated and the expenditure they incur.

“The office of the AGF has been short-changed and the budget has been reduced to nothing. As such, the government of the day is having a field day to carry out whatever its wants to do because they know they have an office that is not functioning,”‎ Mr. Solomon-Olamilekan said.


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  • Charlotte

    Hmmmm! Soludo was right after all.

  • sawston

    So Soludo is not wrong with his figures. Why will the revenue collecting agents of government not remit their collection to FGN to be captured in the Federal budget?

  • Marquis_di_Gorgonzola

    Yet these same clowns have been carrying out ‘oversight’ for donkey years! Where do they(reps) think these MDA’s get the money for all the ‘packages’ they are given when they go for ‘oversight’??
    The same National Assembly members who collect illegal salaries and allowances way above what is fixed by the RMFAC???
    Let’s assume the house was made up of only PDP members. I BET THE APC MEMBERS WOULD HAVE BEEN SCREAMING THEIR HEADS OFF THAT THE CORRUPT PDP ARE STEALING NIGERIAN TAX PAYERS MONEY!
    POINT IS; ALL THESE GUYS ARE FAKE!!!

    • sawston

      Stop attacking the messenger and comment on the message.

      • Marquis_di_Gorgonzola

        If the Devil gives you an ‘apple’, will u eat it?

  • Okey

    Then all those “Honourable” Members who have been conducting oversight functions on these MDAs should turn themselves in for the prison yard. If they could be “over-sighting” for these past 4 years and could not detect these “missing N16 Trillion” until now that campaign and propaganda materials are being sourced, Members of the relevant Committees of the House should first tender their resignation letters and turn themselves in to Kuje prison yard where they will remain until they have returned the federal treasury every salaries and allowances collected in those 4 years, for service not rendered. For their disservice to this nation is unmitigatable.

    • Maria

      And what do you prescribe as punishment for the looting executives led by Jonthief?

      • Kay Soyemi (Esq.)

        Jail term in Gashua Prison, Sis.

    • Cypo

      it is not only the last 4 years, but since Nigeria Independence. Jonathan Government is the not first government sice 1960

    • Kay Soyemi (Esq.)

      Spot on.

      For once.

  • Island man

    PDP paid agent on media come out to defend Jonathan especially those begging for his re-run, can this kind of Government be given second chance?
    Some Nigeria are so myopic that all this money really belong to Nigerians, shame on PDP party of fraudsters and corrupt leaders………………

  • kenny G

    It means Soludo was right afterall. Shame on Okonjo Iwuala, shame on Jonathan and shame on nigerians for allowing and condoning this monumental corruption.

    • Cypo

      Is Jonathan government the first since 1960? I believe they APC members in the House of Reps are misdirecting their accusation. They should go back at least since 1979 and evaluate the situation in all the governments both Military and Civilian.

      • tundemash

        creek rat ,

        Was Ibori the first gov to launder money ? Was he not jailed ?

        Why 1979? why not from 1914 or from when the world was created in Genesis ?

        what brand of snuff were u given this morning at the amnesty camp ?
        Did UK start looking at money laundering from inception before your ogidigbogbo of theives, Ibori, was jailed ?
        Did US look at all bribery cases from 1979 when she jailed her citizens who partook in the harliburton bribery case?

        Obviously, from your post, you admit your Dumbo is a crook, your only problem is that he’s isn’t the only crook; that isn’t a defence in any sane world outside of the creek anyway!

  • evi

    Let the reps remove the speck from their eyes,so.they’ll see well to remove the log in another person’s eyes. How much is their own budget, both official and unofficial? Where will the FG get money from to fund the “life pension” they just approved for themselves last week? Why are they silent on ‘Mr integrity’, Farouk lawal ?

    • Island man

      Bros talk about the subject if you must comment, let call spade, spade.
      This Government is breed corruption period…..

      • evi

        If you are looking for corrupt people, look to tinubu, the godfather of buhari and apc leader. 2.8 bn disappeared when buhari was petroleum minister,53 suitcases containing hard currencies disappeared when he was head of state, 25 billion disappeared when he was PTF Chairman. So think very well before you accuse anybody else of corruption

        • Guest

          Your point is that this Government is not corrupt???
          Pointed raised by your GEJ that “Corruption is not stealing” People like you are the problems facing Nigeria, how were are you paid for saying this???

          • evi

            Maybe it is English that is hard for you to understand or you are simply towing the line of apc that is fond of twisting words. Not all corruption cases are stealing. Corruption is also lying under oath that you have wasc cert when you don’t have. Corruption is also using recommendation letter to gain admission into the army. Corruption is not only stealing. The only reason you would think anybody would pay me is if you are paid yourself. I’ll tell you how much am being paid if you tell me yours first

          • tundemash

            Mr. evil, what your yam and goats President said was some of the corruption cases were mere stealing. Ad he even wondered how much Nwobod stole to warrant him being jailed 200yrs.
            So the question is; in your own cocooned world, what is the difference between stealing and corruption?
            And on the topic, if Tinubu and Buhari are corrupt as you alleged, what stop Dumbo in using the instrument of govt. to arrest and prosecute them or how long wil it take the coward to grow a pair of balls ?

          • evi

            He said 80% of corruption cases were stealing, meaning 20% were not stealing and he was quoting a judge, I have given you an example of corruption that is not stealing .i have yet to see any country that will jail anybody for 200 years for stealing except the person is a serial killer like tinubu and buhari that are both thieves and murderers.buhari arrested his critics and accused them of stealing to justify his jailing them .The reason why thieves and murderers like tinubu and buhari are still walking freely is because of separation of powers.The legislator and the judiciary has more role to play in convicting criminals.

  • Cypo

    If APC members in the House of Reps want to investigate financial dealings in the so mentioned and listed government agencies or Corporations, then they should go and start from the first government since independence, or better still, start from 1979 to evaluate their financial activities. You do not just start with Jonathan government.

    • tundemash

      creek rat ,

      Why 1979? why not from 1914 or from when the world was created in Genesis ?

      what brand of snuff were u given this morning at the amnesty camp ?
      Did UK start looking at money laundering inception before your ogidigbogbo of theives, Ibori, was jailed ?
      Did US look at all bribery cases from 1979 when she jailed her citizens who partook in the harliburton bribery case?

      Obviously, from your post, you admit your Dumbo is a crook, your only problem is that he’s isn’t the only crook; that isn’t a defence in any sane world outside of the creek anyway!

      • emmanuel

        Tundemess the UK did not look for Ibori, Delta people pursued him through public domain with several information released to the world through different medium. It is on record.

        That included the Vmobile Delta State shares which he sold and stole – Ribadu told the world in a Tribune Publication of about 27 November 2007 that Tinubu also stole Lagos State Vmobile investment, which you people knew about, but refused to hound Tinubu. Rather, you have cannonised him a saint and the Leader of your APC and the Yorubas – that is the one Nigeria where in some part sin is covered.

        Also tell that the 10% collected by Alfa Beta from Lagos State IGR upfront form part of the budget?

        I beg waka make we hear word.

        • Mr Q

          I am sure it is the same Delta people who defended him (and still do) severally on different media that you refer to.

          It also has to be the gun-totting boys that had a shoot-out with law enforcement agents who came to extract him from his home town, creating blockades around the entire town for several days that you refer to.

          Astute Deltans, those.

          • emmanuel

            In Delta state, the criminal gang who help Ibori steal the state blind would do anything to protect him. Saraki is tue APC face of Ibori protectionate mafia.

            Consultancy indeed. Please publish Lagos state budget for all to see.

            We all knew how Fashola insisted of reducing Tinubu cut from 10% and he swore Fashola would not come back in 2011 until those voice of reasoning (rogues) prevailed on the crook called Fashooa to back down.

            My next questions: Is Alfa Beta take not collected upfront? So what is different from the practice in the FG MDA’s? Where they established by Jonathan or the Statutory laws for their spending enacted by Jonathan?

            Unfortunately, PT has deliberately been hanging all post that counters this falsehood to make it gain momentum in the social media as a trending sour situation which in truth is not

        • tundemash

          Mr. Ethnic bigot,
          Which Delta people pursued Ibori ? Was it same Delta people that threatened to go and protest during his trial in London? Do Delta people have anything to do with the UK criminal justice Mr. Ethnic bigot?

          If Tinubu is guilty of corruption, what are the various anti-corruption under the control of your Dumbo doing about it atleast Tinubu does ot have any immunity !!!! keep chasing the shadows.
          Another yearly N16m fraud under Dumbo is the topic of this discuss.

  • Jones

    A real Port Harcourt Disaster is in control to steal, kill and destroy Nigeria courtesy of sayTAN.

  • warry

    Politics of corruption propaganda is all APC has no better alternative plan to what GEJ is doing in any sector. Now the same House has been appropriating to these offices all along,only to blackmail them now. What a shame. APC shamw.

  • True Nigerian

    To these reps, I say, do the right thing, you selfish noisemakers that have nothing but nuisance value to ordinary Nigerians. Do something, you perpetual whingers who only scream from your offices about various executive lawlessness, graft and stealing without actually doing enough to send shivers down the spine of the thieving emperors. That is why I say that you, the reps and senators, are the worst things that happened to Nigerians under this dictatorial democracy that is threatening to send Nigeria to abyss with recklessness and acquiesence of the executive.

    You all have the constitutional power to check this animalistic thief in Aso Rock who hides his criminal propensiity behind his false piety in the name of Christianity.

    Reps, do something for once. Here is what to do: pass the impeachment motion of this drunken corrupter of the Nigeria. what you are complaining about is an impeachable offence. Pass his impeachment motion and serve him his impeachment notice.

    Anyim Pius Anyim and Ghali N’Abba passed Obasanjo’s impeachment motion for doing far less than what this drunken impudent waster, thief and dictator has done. Yet, you, the current legislators, are merely complaining as if you have no power to arrest the impunity of this lawless drunkard in Aso rock.

    The man who is secretly and openly planning to sack Jega is also the same man who has committed countless number of impeachable offences. And you are all whinging, instead of doing the needful. Just pass his impeachment motion and keep him under control under we give him the boots on 28th March.

    If you, the reps and senators, won’t do that, shut up your mouth forever and stop pretending that you are worried. You are mostly hypocrites.

    • Dan Arewa

      Well said.

    • CONSCIENCE

      F*I*V*E* S*T*A*R* COMMENTS. Please permit me to copy and past it in your space and my space. Thanks.

      “To these reps, I say, do the right thing, you selfish noisemakers that have nothing but nuisance value to ordinary Nigerians. Do something, you perpetual whingers who only scream from your offices about various executive lawlessness, graft and stealing without actually doing enough to send shivers down the spine of the thieving emperors. That is why I say that you, the reps and senators, are the worst things that happened to Nigerians under this dictatorial democracy that is threatening to send Nigeria to abyss with recklessness and acquiesence of the executive.

      You all have the constitutional power to check this animalistic thief in Aso Rock who hides his criminal propensiity behind his false piety in the name of Christianity.

      Reps, do something for once. Here is what to do: pass the impeachment motion of this drunken corrupter of the Nigeria. what you are complaining about is an impeachable offence. Pass his impeachment motion and serve him his impeachment notice.

      Anyim Pius Anyim and Ghali N’Abba passed Obasanjo’s impeachment motion for doing far less than what this drunken impudent waster, thief and dictator has done. Yet, you, the current legislators, are merely complaining as if you have no power to arrest the impunity of this lawless drunkard in Aso rock.

      The man who is secretly and openly planning to sack Jega is also the same man who has committed countless number of impeachable offences. And you are all whinging, instead of doing the needful. Just pass his impeachment motion and keep him under control under we give him the boots on 28th March.

      If you, the reps and senators, won’t do that, shut up your mouth forever and stop pretending that you are worried. You are mostly hypocrites.”

  • staaaaaaaaaaa

    Change has arrived in nigeria at last!!!!!!! Soludo got right and so did sanusi. The leakages are too many, and Jonathan says corruption is not thieving! Thanks olamilekan. This is the reason why Diezani Oil minister, can single handedly donate 70million naira to Bayelsa state pdp just for 1 day Jonathan campaign in bayelsa. In short it is time we take this nation back from these people before they ground everything. Jona please pack up and leave. you have failed the assignment we gave you in 2011.

    • bugwu

      Go and check out Soludo’s hotel in New Haven Enugu and you will know that he does not have the moral right to talk about corruption. All of them instituted it.

      • staaaaaaaaaaa

        But someone is now available to clean it Up. That is what is important.

  • veracity

    “All Nigerians are a bunch of thieves”, General Colin Powell, former U.S. Secretary of State. Nigerian corruption is not committed by a few people. Every living adult Nigerian has taken or given bribe, or both. Right from office messenger to president. It’s your culture, so why complain. Why did it suddenly become a crime?

  • MC

    Funny that people would live in glass houses and still throw stones. These -kettles- house reps and senators are now wanting to make pot of GEJ in order to call him black. These are chaps that collect huge amounts of money for constituency projects et al and are shamelessly calling someone else fraudulent. Well, someday, I hope, we’ll all become the change that we scream about so flagrantly. Bunch of clowns!

  • Mr Q

    Laughs. We have all known about these Revenue generating agencies and severally asked why their revenue doesn’t feed into the FG budget to no avail. Now NASS is asking maybe we will finally get an answer.

    • warry

      Who does over site on these agencies all the while and clears them of any wrong doing? If what the NASS is saying is true ,they make laws governing their operations and does supervision. Is their anyone preventing them from bringing out the Trillions of Naira all these while? This propaganda is becoming nauseating.

      • Mr Q

        I am not absolving NASS of any complicity. Raising the subject now does seem political but we must not lose track of issues whether politically motivated or otherwise. What is key is finding out the truth and logic behind this from the Executive. Shikena. Please read my other comment to fully understand my position.

        • bugwu

          My man these people should do their work without heating the polity. Where have they been all these while?? Which means they are not competent to be our law makers. If the law allows them to do that there is nothing the president can do about that unless they amend the laws and that is NASS’s responsibility.

  • Chris1408

    When Soludo and Sanusi cried about the rot and corruption in this administration, GEJ Praise singers attacked them viciously. Now it’s proven both were right. The corruption might be a lot higher. GEJ the shoeless man now wears gold plated shoes and denying generations unborn shoes

  • Mr Q

    The idea where the FG draws up a zero-based (budget starting from zero regardless of previous year budget execution level) budget benchmarked solely on crude prices and expected production level has always been fraudulent in my view. When FIRS annually generates revenue which exceeds the FG’s yearly budgeted yet this revenue does not go through the appropriate approval or appropriation process. This is laughable. How on earth do you enforce ACCOUNTABILITY for this unbudgeted revenue?
    This doesn’t change my view that NASS more than the executive has being the biggest failure of our democracy. After all a lot of their members have oversight functions over some of these ministries and have failed to do the needful.
    What has changed? Certainly not new-found love for the Nigerian people. Certainly not.

  • emmanuel

    This is purely a National Assembly responsibility.

    The spendings are statutory and established by law. The NASS should actually have amended these laws before now to harmonise our budgets. This has been on since Independence and not a Jonathans issue. That is why a Permanent Secretary and DG’s are as rich as our rogue governors.

    This same practice is applicable in Lagos State where Alfa Beta take 10% upfront from IGR which also does not form part of the state budget.

    Adeola charity should start from your home$

  • Emeka

    We know Jonathan’s Administration, we know the damage they have done financially to this country and the cry of the down trodden has gotten to God. But ironically some blinded few are still in support of Him. And for these ones, I can only tell them God can never allow His people to continue this way, and the Will of God supersedes the will man. Our prayers has gotten to him. No African country is as wealthy as Nigeria but our money only ends up in the hands of those in power.

  • Omooba Adekunle Orafidiya

    I don’t understand what this whole APC-inspired report is about.

    • otapete

      You do not want to understand.

  • Murtala Aliyu

    THAT IS WHY WE NEED CHANGE.

  • Dan Arewa

    PDP’s CAN of worm is being uncovered bit-by-bit. Till the final showdown.

  • Murtala Aliyu

    WILL SOMEONE PLS GIVE US AN ESTIMATE OF WHAT N16 TRILLION WILL BUILD IN ONE YEAR IN NIGERIA. WHAT A WASTE!

    • warry

      Your gullibility is incurable and no one can help you. You were told monies even the FG has not seen is missing, you believed. The Senate and a foreign Audit firm has told you otherwise, you refused,thats your headache. The laws governing the activities of Govt agencies were not changed by GEJ. If there is money somewhere to be recovered, they should just recover the monies. Why the propaganda?

      • otapete

        They did not let the public see the audited report. Why?

        • warry

          Where in the world have they been publishing reports like that. The recommendation have been published. The Senate also said no missing money. Even if God comes, you will deny.

          • otapete

            The NASS just requested that a copy of the report should be submitted with a deadline. Why , you may ask. Because Okonjo was stalling.

  • Spoken word

    Then you will hear one incoherent person telling us that we should vote for Jonathan for another four years. I will note wish Jonathan on my worse enemy.Nigeria is in a full throttle reverse gear.This has to be turned around. The time for change is now.

  • Eze1

    Just have Prof. Soludo exposed

  • Victor TC Anyanwu

    Let the REPs also give us the audited accounts of their N150bn budget theft for the past 4 years,please!

  • IS.JESUS.CHRIST.A.CHRISTIAN

    WHY I WEPT YESTERDAY FOR MY DEAR COUNTRY?

    • COCACOLA SACKED 800 WORKERS LAST WEEK.
    • CARDBURY IS PLANNING TO SACK 700 STAFF
    • MTN SACKED 500…
    • NESTLE TO SACK 600 WORKERS
    • IDL SACKED 200 WORKERS
    • MOBIL PROPOSE VOLUNTARY RETIREMENT BENEFITS
    • NBL SACKED 400 STAFF
    • MANUFACTURER’S SAID THEY WILL SHUT DOWN FACTORIES BECAUSE OF THE EXCHANGE RATE AND POWER
    • SACKING OF WORKERS STARTED IN THE BANKING INDUSTRY
    • The Nigeria exchange rate is now 225 naira to a Dollar.
    • POWER GENERATION HAS DROPPED AGAIN BY 360Mw. BLACKOUT NIGERIA

    WHERE IS OUR PRESIDENT?
    ANSWER: OUR GOOD PRESIDENT IS BUSY SHARING DOLLARS AND BILLIONS OF NAIRA TO PASTORS, KINGS, POLITICAL ASSOCIATE, MILITANTS AND OTHERS WHILE THE CHILDREN OF AN AVERAGE NIGERIAN POPULACE ARE BEING SACKED FROM WORK.

    • Bidemi Lukman

      This is evidence of being highest economy in Africa.

      • IS.JESUS.CHRIST.A.CHRISTIAN

        CRIMINAL DUMB BLIND

  • sammyctu ode

    For the unintelligent Nigerians especially the crooks of jonathan and pdp supporters who abused, maligned and cursed Professor Soludo when he revealed his N30 Trillion, shame on them and may they all burn in hell. A lot of them said unprintable things about Soludo forgetting that the man is an economist who did his homework very well
    THE REASON WHY I BELIEVED WHAT THE REPS ARE SAYING IS THIS: EVERY JANUARY OF EVERY YEAR, NNPC PAYS ALL CATEGORIES OF ITS STAFF BULK MONEY FOR HOUSING. ALL NNPC MANAGERS ALL OVER THE COUNTRY GETS N24 MILLION EACH, WHILE SR. MANAGERS, GMs, AND OTHER TOP STAFF COLLECTS N38 MILLION AND ABOVE PER STAFF, WHILE BOTH JUNIOR & MANAGEMENT STAFF COLLECTS NOTHING LESS THAN A MINIMUM OF N8 MILLION PER YEAR PER STAFF FOR THE LOWEST STAFF OF NNPC.
    ALSO, ALL NNPC RETIRED STAFF COLLECTS HEFTY PENSION PER MONTH AND THOSE IN THE CATEGORIES OF GMs AND ABOVE TO EX-GMDs ARE PAID UP TO N5 MILLION PER MONTH AS PENSION’
    My question is: ALL THESE PAYMENTS DO THEY GO THROUGH THE NATIONAL ASSEMBLY AS PART OF THE CHICKEN CHANGE BUDGET FOR NIGERIANS? THE ANSWER IS CAPITAL NO WHICH IS WHY I SUPPORT THESE FINDINGS AND SOLUDO’s FIGURES.

  • the truth

    Please if you are in the central Texas area you are invited to a neutral and bipartisan seminar this saturday. We have already locked 321 seats with 79 seats left. Guest speakers include Uduak Ettong Former PDP chairman Akwa-Ibom State, Greg Attoh Former PDP House of Rep Member and a host of others. We are pushing for a Nigeria for our future, a Nigeria transformed for our children. Come one come all

    • otapete

      Non partisan and you have only PDP speakers.Pls where are your PVC. We want to vote no time for propaganda

      • the truth

        That is d problem with nigerians.y must u play politics with everything.

        • otapete

          It is hypocrisy

  • Wise Head

    BOLA TINUBU: WHERE IS LAGOS STATE’S $40 BILLION DOLLARS?

    Between May 1999 and now, Lagos state government has earned $40 billion dollars as revenues but the money – less salary and running expenses – was partly shared between Bola Tinubu, and Raji Fashola under corporate guise in the worst scam ever in modern Yoruba history.

    In 2012, Lagos state floated a loan bond of ₦87.5 billion loan in November to borrow at 14.5% interest rate and got public investors to subscribe for repayment with interest but once the bond was fully subscribed, Raji Fashola took 40% of that money – about 35 billion Naira or so – and handed it over in cash to Bola Tinubu, via bogus corporate fronts, namely: (a) Lekki Concession Company, (b) ARM company, and,
    (c) Hitech company; in a bogus “buy-back deal” of a supposed concession right on the 15-kilometre Lekki Expressway.

    This patently corrupt deal was ostensibly to buy back Lagos state ‘concession rights’ on the Lekki tolled Expressway, according to Raji Fashola, but what the corrupt and clever by half Raji Fashola did not say is that the land at issue belongs to Lagos state and was never sold to Bola Tinubu’s company in the first place.

    Or did Bola Tinubu’s companies invest 35 billion Naira developing the road. In other words, by sheer fraud, Raji Fashola paid Bola Tinubu 25 years profit upfront; without any work, A lien was then imposed on Lagos state allocation of federal revenue for the next 3 years to pay for this 80 billion Naira bond debt by all Lagos residents, on top of another $3.7 billion dollars of debt Raji Fashola has so far incurred, without any sustainable project to show for it; a debt equal to gross future income of Lagos state from Nigeria’s federal allocation in the next 3½ years.

    • Bidemi Lukman

      This is part of GEJ negligence and support of corruption.

      GEJ ought to have empowered EFCC to run after Tinubu and Co.

      GEJ cant fight corruption, so, he should pack and leave for Otuoke come May 29, 2015

      • Odogwu

        Gbaam and anyone that votes again for that man, his type of leadership will follow him and his entire family for ever!

    • warry

      Really? And they are using the money to fight corruption now with Buhari? The truth is what we have is corruption propaganda for political gains. How many of you have volunteered information to EFCC and ICPC that can lead to prosecution on corruption? People blackmail whoever is there of corruption without proof so as to get access to loot. Who us talking of Obj corruption again .Its all propaganda to get access to loot again. Even those who have been there before are shouting corruption, corruption as if they did up to GEJ when they were there. Tinibu can buy GEJ.who is fooling who? .I have been hearing this word since I was born.

  • dd

    The devil of know is better than the angel I don’t know

  • waziri

    I strongly believe reps members are either working for themselves or they don’t know their responsibilities. Security, corruption, unemployment, u cannot use your constitutional power to do something against the administration, yet u sat there complaining against the president. Do the right thing or shut up.

  • the truth

    Another fabricated and ill mannered accusation. They keep heating the polity, when it explodes they would join in the debris. Just for power some set of individuals would sell their father land. Please join us this saturday for the neutral and bipartisan seminar on nigerian forthcoming elections.

    • Wetin Naija

      Your truth is devilish

  • Richard

    A lot of people take joy in exhibiting their ignorance in the public forum like this.It is true the Assemblies have oversight power but we forget they do not have prosecutory power. In performing their oversight duties and they discover any wrong doing, all they can do is to refer it to the police or Attorney General of the Federation to further investigate and prosecute if neccessary. Has the executive ever acted on previous oversight reports from the Assemblies. The executive is so comfortable with the way treasury is being looted everyday. Things can not be going on like this. Weneed change either from Jona or Buhari.

  • Odogwu

    Now you also call these committee members names for telling you how this yeye Jonathan has damaged the future of our children? When Prof Soludo first spoke, you called him names but failed to ask the almighty Ngozi Okonjo Iweala, the smartest economist Jonathan knows to explain to us what they are doing with our collective patrimony. These pdpigs are really pigs truly.

  • CONSCIENCE

    F*I*V*E* S*T*A*R* COMMENTS. Please permit me to copy and past it in your space and my space. Thanks.

    “To these reps, I say, do the right thing, you selfish noisemakers that have nothing but nuisance value to ordinary Nigerians. Do something, you perpetual whingers who only scream from your offices about various executive lawlessness, graft and stealing without actually doing enough to send shivers down the spine of the thieving emperors. That is why I say that you, the reps and senators, are the worst things that happened to Nigerians under this dictatorial democracy that is threatening to send Nigeria to abyss with recklessness and acquiesence of the executive.

    You all have the constitutional power to check this animalistic thief in Aso Rock who hides his criminal propensiity behind his false piety in the name of Christianity.

    Reps, do something for once. Here is what to do: pass the impeachment motion of this drunken corrupter of the Nigeria. what you are complaining about is an impeachable offence. Pass his impeachment motion and serve him his impeachment notice.

    Anyim Pius Anyim and Ghali N’Abba passed Obasanjo’s impeachment motion for doing far less than what this drunken impudent waster, thief and dictator has done. Yet, you, the current legislators, are merely complaining as if you have no power to arrest the impunity of this lawless drunkard in Aso rock.

    The man who is secretly and openly planning to sack Jega is also the same man who has committed countless number of impeachable offences. And you are all whinging, instead of doing the needful. Just pass his impeachment motion and keep him under control under we give him the boots on 28th March.

    If you, the reps and senators, won’t do that, shut up your mouth forever and stop pretending that you are worried. You are mostly hypocrites…”

  • burning spear

    SAME OLD————senseless stories ofen penned by the media arm of APC——————FOR GULLIBLE nIGERIANS TO SWALLOW———————Only Jehovah God—know the type of Editors we have in-PT—————–is the money used by the CBN controlled by President Jonathan when Sanusi-who was backed by APC was governor-of CBN? –I WILL THROW THIS GABBAGE INTO THE WASTE BIN-IF I WERE TO BE THE EDITOR OF—-PT————-THE OLD SOLUDO–LIES-OF GOVERNMENT STEALING N30 TRILLION-MOENY THAT WE NEVER GENERATED———-IS NOW BEING STOLEN IN THE ABSTRACT SENS ABI———————ANIMALS

  • burning spear

    So the statutory offices–which according to PT, include the Nigerian National Petroleum Corporation, NNPC, Central Bank of Nigeria, National Communications Commission, Federal Inland Revenue Services, and Nigerian Ports Authority——ARE BODIES THAT PRESIDENT JONATHAN –CONTROLS THEIR ANNUAL EXPENDITURE—–abi———–even a 4 year old lad———–will not buy into these rubbish————-Tambuwal of APC WHO STOLE THE POST OF SPEAKER FROM THE YORUBAS———–and the fraudsters from Atlanta— now hiding in the House should look for reasonable things–to do with their time—–INSTEAD OF THIS RUBBISH—animals-

  • warry

    For 4 yrs they have been supervising these agencies without saying anything. Why the blackmail now? APC is all lies,deceit,propaganda.

    • burning spear

      JONATHAN MORE THAN ANY LIVING PRESIDENT IN THE HISTORY OF NIGERIA————————-POINT TO ONE PILLAR THAT BUHARI ERECTED IN THE TW YEARS THAT HE RULED NIGERIA—-JUST ONE ROAD THAT HE TARRED—-IN LAGOS—–STATE

  • The future of the Nigerian unborn generation is being depleted by a KLEPTOMANIAC leadership.

    • burning spear

      ONLY YR LIKES WILL BUY INTO THESE NONSENSE

      • You could keep playing blind, deaf and dumb while the Naira is approaching N250.00 to the US dollar from N150 and the Crude Oil Reserve Account decreased from over $25billion to $2billion all since GEJ took over. The masses are suffering and somebody is the best President based on some Almajiri schools, 14 local universities, 1880 railway lines, refurbished airports and road projects by SureP. Did somebody say these major funds were spent on these secondary projects.

        • New Jersey

          Are these actually achievements?

        • emmanuel

          Crude oil reaerve at $2billion, mumu.

          There is Nigeria Reserve, Excess Crude Account and Sovereign Wealth Fund.

          Which did you refer to?

          e-rascal and unlearned yahoo school drop out!

          • Generic message. Does National Reserve and the Sovereign Wealth Fund mean Crude Reserve Account in your LOOTING ASSOCIATION OF NIGERIA? Could you please focus on the issues.

          • emmanuel

            Only exposed your folly and the many lies you feed the public with to help your party’s chances in the polls.

            Propaganda become treasonable when its content(s) become injurious to national coherence and survival and that is what the APC keep spewing out.

  • Ibrahim

    Soludo’s findings now authnticated. ThievesAmongNigerians want Nigerians to be blind to this while they continue this impunity to the destruction of the lives of generations of Nigerians

  • Guguru

    A criminal as president is going to defend his fellow criminal subordinates.

  • Guguru

    Why are Nigerians surprised about all that we see Jonathan doing? Jonathan said he will not publicly display his assets in public, which means he will not be audited by Nigerians. He said he does not give a dam*. So, why is anyone surprised that he does not give a dam* about any agency not being audited? A criminal has no incentive to expose other criminals.

    “I declared my asset when I was the Vice-President; what is the difference now that I am the President,”
    “The issue of public declaration I think is playing to the gallery. You don’t need to publicly declare any asset. If I am somebody who wants to hide, it is what I tell you that you will even believe.”

    “I don’t give a damn about it, if you want to criticize me from here to heaven. When I was Vice- President, I told the then
    President-unfortunately he’s late. I said, ‘look let us not start something just because we play into the hands of some people and create another situation in the country.”

    Nigerian Punch, June 2012, “Jonathan opens up on Boko Haram, Azazi, others”

  • Bright-78

    Na wa o! Why is the report not saying anything about issuing summons to Jona and the ministers that these offices and departments fall under, to question them and get to the bottom of all this?? The Auditor General should be called to verify the slash in his ministry’s budget. Just hope this will not mount more debts. Chai, this our country sef!!!

  • Sabo Inuwa

    If indeed the 601 ministerial departments spent N20Trillion annually without authorisation by the National Assembly, the same body should as a matter of moral duty immediately start impeachment proceedings against Mr President. The Constitution is very clear on this

  • New Jersey

    So the N30 trillion Soludo says Nigerian is losing is very true?

  • Guguru

    The House of Reps is simply filled with criminals. They are the ones who give legitimacy to the criminal actitivities of Jonathan and his thugs. Why have they not impeached Jonathan with all the crimes he has committed so far on the Nigerian people?

    • emmanuel

      Shut up.

      Statutory spending is not the prerogative of the President.

      In nations where Lawmakers are human beings, the Accountant General and Auditor General offices are strengthened by them, since they get their funding from first line charge, meaning that they are independent.

      But in Nigeria, the NASS compromises them by padding their budget (which Adeola could not achieve this year), which is shared while the NASS turn their faces away. That was why such small offices with average budget of N1.9 billion yearly would not gibe the nation reports, because funds for their operations have been collected by Assembly men in graft.

      • bashua dada abiodun Mohammed

        I’m very convinced that you are one the cabal’s paid agents to counter every ills of Jonathan being exposed. Almighty GOD’s anger shall decend on all of those that contributed directly or indirectly to the sufferings of Nigerians.

      • Guguru

        emmanuel,

        Why should i shut up when your comments are essentially supporting my premise? Wake up.

  • Hamusu

    Only Allah can save this country!

    • emmanuel

      This practice is obtainable in Lagos State where Alfa Beta – Tinubu and Osinbajo takes 10% upfront before remitting to the State.

      Adeola has indicted the National Assembly and not the President or Executive

  • emmanuel

    Lagos State collects an average of N30 billion monthly and N360 billion in 12 months, giving Alfa Beta – Tinubu and Osinbajo an average of N36 billion yearly at 10% upfront.

    Adeola please tell us what ministry of Information Federal budget is? Is it not criminal therefore for one man to clean out such huge sums of money from a State (a smaller unit than the FG) yearly?

    NASS to be held responsible for FG MDA’s high handedness and fraudulent oversight functions.

  • emmanuel

    Lagosians please vote out Adeola he is misrepresenting you at the National Assembly