• 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 Economy Bail Out Funds to States Illegal- Hamman Tukur
  • Economy

Bail Out Funds to States Illegal- Hamman Tukur

By
Prnigeria
-
October 15, 2017
Hamman Tukur in Economic Confidential OCT 2017
Hamman Tukur in Economic Confidential OCT 2017

Bail Out Funds to States Illegal- Hamman Tukur

Two time Chairman of Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Engr. Hamman Tukur has said that the bail out funds to State governments by the current administration have been altogether illegal.

Engr. Tukur who spoke to the Economic Confidential in his office in Kaduna queried the rationale for such disbursement labelling it as illegal.

“Buhari gave out a lot of money to states recently in the name of bail-out. Who gave him that money? How did he get access to the Federation Account, or the authority to release that money? Did he go through appropriation for approval? If he released the money before it was approved, then it is illegal”, Tukur queried.

“In any case, who told the states to be broke? Who stole their money? He (Buhari) should have asked the state governors where their money was. Some people argue that the money used for the bail-out was from the Nigeria LNG dividend. But, the Constitution is very clear: all revenues of government must go into the Federation Account first before anything.”

He said “The only exception that is made is written in the Constitution itself, and that is Armed Forces, including the military, Police and Federal Capital Territory (FCT). Anybody or agency paying tax to government for whatever description it should be channeled to the Federation Account.”

Tukur also recalled that RMAFC also rejected such move during the Obasanjo administration.

“Yes I think it was only when Obasanjo asked for $5.3 billion to finance NIPP (National Integrated Power Project) that the Commission said he cannot take it from the Federation Account without recourse to the other tiers of government.

Read Also:

  • Customs Boss Welcomes Delegates to Abuja Ahead of C-PACT Conference
  • The Lagos Youth–Police Dialogue: A Turning Point for Trust and Safer Communities By Adebisi Adams Oyeshakin
  • Oil and Gas Network Hails NUPRC for Transparent, Responsible Use of Frontier Exploration Fund

“We told him that if he wanted any money, he should take it from the Federal Government’s share of the money, and then go to the National Assembly for approval”.

“You are aware of the recent bail-out by the Federal Government to states. The president should tread softly. We have to caution President Buhari the same way we did to Obasanjo when he wanted $5.3 billion.

“When the Commission said he cannot take the money, one day he had to send the then Secretary to the Government of the Federation, Alhaji Yayale Ahmed to come and tell the Commission that he wanted that money. I said no, the money does not belong to me, but the Federation Account. What that means is that all the three tiers of government that own the Account must be aware and agree that the money be withdrawn for the purpose.

“Then the formula for sharing between the federal, states and local governments would apply. There should be no question of states staying somewhere to allocate what the local governments want. This is wrong. The money in the Federation Account belongs to the federal, states and the local governments. This is democracy.

“That is what applies to the National Population Commission. If the Commission says one village is 200,000 people, before anyone can undo it and change that decision, it would pass through a lot of processes.

“That is why one of the key responsibilities of the Commission is to mobilize government revenue to the Federation Account before allocating. It is total. Exceptions are clear, so that no one can pretend”

“What that means is that wherever any revenue has not been remitted to the Federation Account by any agency, the Commission must ask questions. If any money must be released, the National Assembly must be approached for supplementary appropriation”, he said.

The Full Interview here: https://economicconfidential.com/featured-post/bail-out-states-illegal-tukur-rmafc/

By PRNigeria

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
  • TAGS
  • Bail Out funds
  • Federation Account
  • Hamman Tukur
  • RMAFC
Previous articleDHQ Justifies Military Medical Outreaches
Next articleStop Using EFCC Name to Con PEPs- Magu
Prnigeria
Prnigeria
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

PRNigeria Fact-Check: Naval Officer in Wike Altercation Not Son of Ex-Army Spokesman, Raised in Rivers

Fact-Check: Is Lt. A.M. Yerima Related to Brig.-Gen. Yerima, and Was His Encounter with Minister Wike Unauthorized?

Operation HADIN KAI Deepens Collaboration With Humanitarian Agencies as ICRC, MSF Visit Theatre

On Prof. Ihonvbere’s Model of Legislative Representation, By Mukhtar Ya’u Madobi

Minister of Information and National Orientation, Muhammed Idris at the official unveiling of the World Public Relations Forum (WPRF)

WPRF: As Another Global PR Summit Comes to Africa

NSCDC Backs Interior Ministry Reforms, Signs Performance Bond to Deepen Accountability

Comptroller-General of Customs, Adewale Adeniy At the meeting, Deputy Comptroller-General Caroline Niagwan

Two Days in the Netherlands, One New Customs Alignment

NAF Helicopters conducting air parade

NAF Airstrikes Rescue Commander, Troops from ISWAP Ambush in Borno State

Sule Ya’u Sule Becomes First Northerner to Attain Triple Communication Fellowship

NAF ‘Surgical’ Airstrikes Destroy Terrorist Stronghold in Zamfara, Eliminates Several Fighters

IG Appoints DIG Dankwara as Force Director of Finance and Administration

Troops raids Gunrunner Hideout

Troops Raid Gunrunners’ Hideout, Recover Weapons, Logistics in Plateau

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Customs Boss Welcomes Delegates to Abuja Ahead of C-PACT Conference
  • The Lagos Youth–Police Dialogue: A Turning Point for Trust and Safer Communities By Adebisi Adams Oyeshakin
  • Oil and Gas Network Hails NUPRC for Transparent, Responsible Use of Frontier Exploration Fund
  • Plateau: Tinubu Deploys Peace Envoy to Deepen Intercommunal Dialogue
  • NSCDC Shuts Down Illegal Mineral Processing Facility in Port Harcourt
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Customs Boss Welcomes Delegates to Abuja Ahead of C-PACT ConferenceThe Lagos Youth–Police Dialogue: A Turning Point for Trust and Safer Communities By Adebisi Adams OyeshakinOil and Gas Network Hails NUPRC for Transparent, Responsible Use of Frontier Exploration FundPlateau: Tinubu Deploys Peace Envoy to Deepen Intercommunal DialogueNSCDC Shuts Down Illegal Mineral Processing Facility in Port HarcourtHURIWA Threatens Action Over Cancellation of Mother Tongue Education PolicyBeyond Looking Good: How Nigeria Customs Redefines PR Through Genuine Public ServiceNDLEA Arrests Wanted Drug Baron, Seizes Over 14 Tonnes of Skunk in Nationwide OperationsTroops Arrest Suspected Gunrunner, Recover Cache of Rifles in PlateauCustoms Thwarts Fuel Smuggling Attempt, Seizes 108,775 Litres of PMS on Adamawa WaterwayFani-Kayode Slams Trump, Warns Against US Intervention in NigeriaPRNigeria Fact-Check: Naval Officer in Wike Altercation Not Son of Ex-Army Spokesman, Raised in RiversAbuja Gears Up as NIPR FCT Marks 35 Years with Star-Studded EventsFact-Check: Is Lt. A.M. Yerima Related to Brig.-Gen. Yerima, and Was His Encounter with Minister Wike Unauthorized?Operation HADIN KAI Deepens Collaboration With Humanitarian Agencies as ICRC, MSF Visit Theatre
X whatsapp