• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home General Days Of Impunity And Fiscal Recklesssness Are Over – President Buhari Tells...
  • General
  • State

Days Of Impunity And Fiscal Recklesssness Are Over – President Buhari Tells Governors

By
Femi Adesina
-
June 24, 2015
President Muhammad Buhari
President Muhammad Buhari
President Muhammadu Buhari Tuesday in Abuja assured State Governors that the days of impunity, lack of accountability, and fiscal recklessness in the management of national resources are  over in Nigeria.
Speaking at a meeting with the Governors in the Presidential Villa, President Buhari  also vowed that funds stolen  by government officials who abused their offices in the recent past will  be recovered and systemic leakages stopped.
“There are financial and administrative instructions in every government parastatal and agency. But all these were thrown to the dogs in the past. Honestly, our problems are great, but we will do our best to surmount them.
“The next three months may be hard, but billions of dollars can be recovered, and we will do our best, ” the President told the governors.
Expressing surprise that  the governors had tolerated the atrocities allegedly committed with the Excess Crude Account since 2011, President Buhari promised to tackle the issue decisively.
The President declared that the payment of national revenue into any  account other than  the Federation Account was an   abuse of the constitution, adding that what he had heard  was going on in many agencies and corporations, particularly the NNPC, was clearly illegal.

On the refund of monies spent on federal projects by state governments, President  Buhari assured the governors that the Federal Government will pay, but insisted that due process must be followed.
The President promised special assistance for the three North Eastern  states badly affected by the Boko Haram insurgency.
He also said that  a comprehensive statement  on the economic and financial situation inherited by his administration   will be made to the nation within the next four weeks.
“We will try and put the system back into the right position. What happened in the 2nd Republic has apparently happened again, and even worse, but we will restore sanity to the system,” President Buhari assured the Governors.
On an immediate lifeline for states that owe salaries running into many months, President Buhari said that a committee headed by the Vice President, Professor Yemi Osinbajo, will look at the Excess Crude Account and see what can be shared immediately.

The governors, led by Chairman of the Governors Forum, Abdulaziz Yari of Zamfara State, had presented a wish list to the President that  included:
Ø Obedience of extant Supreme Court ruling that all monies go into the Consolidated Federation Account;
Ø An order from the President that all revenue generating agencies must pay into the Consolidated Federation Account;
Ø Review of the Revenue Allocation Formula;
Ø Refund of the monies expended by states on federal projects;
Ø A special consideration for the three states of the North East under Boko Haram infestation;
Ø  Full details of the amounts that accrued into the Excess Crude Account from 2011, and how the money miraculously shrank without official sharing.


Femi Adesina
Special Adviser to the President
(Media and Publicity)
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
Previous articleYusuf Anas Heads Centre for Crisis Communication
Next articleEFCC Arraigns Two Suspected Fraudsters For $2.25m Scam
Femi Adesina
Femi Adesina
https://prnigeria.com/

RELATED ARTICLESMORE FROM AUTHOR

The seized items recovered by the Troops

Troops Foil Terrorists Attack, Recover N4.7m, Phones, Bicycles in Borno

Nigerian Police Force

Police Urge Protesters to Respect Court Order, Vow Tough Action Against Violators

NDLEA Logo

NDLEA Intercepts Drug Consignments Hidden in Frozen Snails, Electrical Bulbs Bound for US, UK, Congo

Deported Foreigners

FG Concludes Deportation of 192 Convicted Foreign Cybercriminals

Police Service Commission

PSC Reinstates Dismissed Police Officers After Reviewing Disciplinary Cases

Air Marshal Hassan Abubakar, Chief of Air Staff, CAS

NAF Donates N23 Million to Victims of Airstrike in Yobe

President Bola Ahmed Tinubu arriving from Rome

Tinubu Returns to Abuja After High-Level Counterterrorism Meeting in Rome

Kenya

Kenya’s Tourism Revolution: A Blueprint for Africa’s Growth By Veronica Abuede, ANIPR

NAF Airstrikes, NAF Air, NAF jets

Dozens Eliminated as NAF Shells Bandits Convoy in Niger, Recovers Rustled Cattle

Police Intercept Suspects, Recover 75 Phones, 5 Laptops in Lagos

NASI Commandant and the Newly Promoted Colonels

NASI Commandant Charges Newly Promoted Colonels to Uphold Discipline, Dedication

FG, States, LGs Share N2.1trn from September Revenue – FAAC

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Troops Foil Terrorists Attack, Recover N4.7m, Phones, Bicycles in Borno
  • Police Urge Protesters to Respect Court Order, Vow Tough Action Against Violators
  • NDLEA Intercepts Drug Consignments Hidden in Frozen Snails, Electrical Bulbs Bound for US, UK, Congo
  • FG Concludes Deportation of 192 Convicted Foreign Cybercriminals
  • PSC Reinstates Dismissed Police Officers After Reviewing Disciplinary Cases
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Troops Foil Terrorists Attack, Recover N4.7m, Phones, Bicycles in BornoPolice Urge Protesters to Respect Court Order, Vow Tough Action Against ViolatorsNDLEA Intercepts Drug Consignments Hidden in Frozen Snails, Electrical Bulbs Bound for US, UK, CongoFG Concludes Deportation of 192 Convicted Foreign CybercriminalsPSC Reinstates Dismissed Police Officers After Reviewing Disciplinary CasesReno's Factfinders: Genocide Spin, Coup Whispers and Foreign PR MercenariesA New Understanding Between Customs and ManufacturersCoup Rumour Baseless, Malicious, Says DHQNAF Donates N23 Million to Victims of Airstrike in YobeTinubu Returns to Abuja After High-Level Counterterrorism Meeting in RomeKenya’s Tourism Revolution: A Blueprint for Africa’s Growth By Veronica Abuede, ANIPRBadaru Inspects Production Progress of 34 NAF Aircraft in ItalyWhen Transparency Becomes Luxury: INEC and ₦1.5B FOI Controversy By Chike Walter DuruWikkiTimes Becomes First Nigerian Newsroom to Join Global Legal Protection NetworkDozens Eliminated as NAF Shells Bandits Convoy in Niger, Recovers Rustled Cattle
X whatsapp