South – South Governors Diverting N950bn Oil Money-APC
A serious allegation of diverting a whooping N950bn oil funds for the south South region by their executive Governors has been uncovered
Parliamentarians Directorate of the All Progressives Congress, APC in the South South geo-political zone, yesterday accused the six governors in the region of cornering outstanding N950billion excess crude oil monies and 13% derivations due to the states
According to the APC the monies were being siphoned through low rate discounting at various banks.
However, the ruling party urged the states assemblies to probe the allegation and Impeach any governor so indicted.
Speaking on the alleged fraud at the inauguration of the Parliamentary forum in support of APC candidates for the 2023 general elections, the Director of the Parliamentarians, Senator Ita Enang , revealed that governors of the respective south/ south states have not only squandered substantial portion of oil monies given them by President Muhammadu Buhari but already discounting the yet to be collected N950billion.
He stated that the money in context are refunds to the oil producing states as arrears between 2004 and 2019 as well as derivation arrears from deductions made by NNPC from 1999 to December 2021, in addition to refund of 13% derivation exchange rate differential of the dollar on withdrawal from excess crude account.
On t state by state basis, Enang said while Akwa Ibom State has collected a total sum of N133.5billion, it has outstanding of N277billion but already discounting at low rate in banks for ridiculous loans.
Rivers State according to the books has collected N116billion from the oil monies arrears and N229billion as outstanding also allegedly being mortgaged through low discounting in banks for ridiculous loans.
For Delta State State, Enang alleged that a total of N125billion has been collected while outstanding balance of N253billion is being mortgaged.
He added that while Bayelsa State has also collected N104billion of such monies, the outstanding balance of N209billion is also being discounted by the state Governor for ridiculous loans.
Edo State, according to him, is also in the business of squandering oil monies accrued to the State with little or nothing to show for the N13billion collected so far and discounting action already being taken on N37billion outstanding payment due to the state.
He, however, said that Cross River State government is not in the fleecing game due to insignificant accruals the state has been getting.
“Total money collected by Cross River State from oil money arrears is N1.4billion while outstanding payment is N1.2billion.
“Exposures being made here today on how the governors of the South South states have been squandering oil earnings, are to get the people of the respective states informed ahead of the 2023 general election that they should reject their party, the Peoples Democratic Party, PDP in the 2023 general election.
“We want impeachment proceedings to be carried out against them by their respective State Houses of Assembly if their members truly loyal to the people.
“We however thank the Governors for their kleptomania which will surely make candidates of their party to lose elections next year,” he said.
He challenged any of the governors to counter statements of facts levelled against them.
FG Approves N24.2bn For Free Internet At Airports, Schools, Markets
THE Federal Government has approved free internet services worth N24.2 billion naira at 20 selected airports, 43 universities and six markets across the country.
The Minister of Communications and Digital Economy Isa Pantami, disclosed this after the Federal Executive Council (FEC) meeting chaired by President Muhammadu Buhari yesterday
Pantami said that the airports were selected from the six geo-political zones.
“Certain intervention projects are going to be implemented by the Federal Government of Nigeria through the Nigerian Communications Commission of providing Internet in 20 selected airports in Nigeria and higher institutions of learning and also some markets to support micro small and medium enterprises.
“In each geopolitical zone, you have around three airports. In the South-West, we have Lagos and Ondo. For the South-East, we have Anambra and Enugu.
“For the South-South, we have Port Harcourt and Akwa Ibom. For the North-Central we have Abuja and Ilorin. In the North-West, we have Kano, Sokoto and Kebbi. For the North-East we have Yola, Maiduguri and Gombe.”
The minister said the markets and 43 institutions which include universities and polytechnics were also drawn from the six geopolitical zones, adding that it will ease e-learning in schools and also enhance the transition to a cashless economy.
Buhari Approves Appointment Of 6 New Perm Secs
President Muhammadu Buhari yesterday approved the appointment of six new permanent secretaries in the Federal Civil Service
The appointments followed after a recent conducted selection process.
The Head of the Civil Service of the Federation (HOCSF),Dr Folasade Yemi-Esan, made this known in a statement by Mohammed Ahmed, Director of Communications of the Office of the HOCSF,
The appointees and their states of origin are Esuabana Asanye (Cross River), Mahmud Kambari (Borno), Richard Pheelangwah (Taraba), Lamuwa Ibrahim (Gombe), Yakubu Kofar-Mata (Kano) and Oloruntola Michael (Ogun).
DSS Confirms Plot To Install Interim Govt
The Department of State Security Service has said that the plot to Instal interim government was real
DSS noted that the plot was “by some key players” to install an interim government and stop Bola Ahmed Tinubu from being inaugurated as president.
A statement on Wednesday, by Peter Afunanya, the public relations officer of the secret police, said: “The Department of State Services (DSS) has identified some key players in the plot for an Interim Government in Nigeria.
“The Service considers the plot, being pursued by these entrenched interests, as not only an aberration but a mischievous way to set aside the constitution and undermine civil rule as well as plunge the country into an avoidable crisis.
“The illegality is totally unacceptable in a democracy and to the peace loving Nigerians. This is even more so that the machination is taking place after the peaceful conduct of the elections in most parts of the country.”
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