TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Service Wide Vote: N114 billion controversial releases – Punch

The Citizen by The Citizen
April 8 2014
in Public Affairs, Uncategorized
A A
0
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

It sounds so bizarre that allocations to some Federal Government agencies in excess of N114 billion have been lost in transit. But for a parliamentary inquest, the public would not even have known this. For President Goodluck Jonathan, always dismissive of the abysmal level of corruption in the country, this matter presents further evidence. Since March 14, the House of Representatives Committee on Public Accounts has been quizzing officials of the Budget Office, Central Bank of Nigeria, Police Force, Ministry of Police Affairs and Office of the Head of Service of the Federation on this tangled skein.

At the behest of the President, Lamido Sanusi, the suspended Governor, Central Bank of Nigeria, had remitted N19.7 billion to the Ministry of Police Affairs, for the police to buy “armoured helicopters and security equipment.” Sanusi stated this in his reply to the government’s allegation of financial recklessness against him. Curiously, both the Inspector-General of Police, Mohammed Abubakar, and the ministry, told the House committee that they did not see the cash.

Similarly, the OHSF said it received just N17.6 billion out of the N52 billion purportedly released to it from the Service Wide Vote, between 2004 and 2012. Details of the allocations are as follows: N2.7 billion (2004); N9.8 million (2005); N701.7 million (2006); N896.3 million (2007); N5.3 billion (2008); N612.9 million and N70 million in 2009; N17.6 billion (2010); N13.6 billion in 2011; and N8.5 billion in 2012. It is apparent from these figures that only the 2010 allocation reached the OHSF. So, where is the balance of N35 billion?

Another N59.6 billion, which the Budget Office paid to the Nigerian National Petroleum Corporation as subsidy, as acknowledged by the Accountant-General of the Federation, Jonah Otunla, and passed through the CBN, is missing in transit.

Nigeria’s public accounting system has been replete with this depravity since 1999. It has created emergency billionaires; made the delivery of basic social services to the citizenry absolutely impossible. Most unnerving is that the government, which primarily exists to maintain law and order, watches idly as the looters walk away with the loot from the treasury. The facts laid bare by the Public Accounts Committee are enough to get the Economic and Financial Crimes Commission and the Independent Corrupt Practices and other Related Offences Commission cracking.

Sadly, no such thing is happening. The government agencies entangled in this drama, as of last Thursday, failed to submit all the documents the committee needed to get to the root of the matter, forcing it to issue a 24-hour ultimatum to them to appear before it.  The committee, chaired by Solomon Olamilekan, is frustrated as this screamer indicates, “We are tired of all the excuses of all the agencies involved in claiming ignorance at one stage or the other.”

Barefaced plundering of the public treasury and lack of accountability in our system have become staples of discussion in the global arena. It is so awful that even some foreigners can no longer stand it, evident when Bisa Williams, Deputy Assistant Secretary, Bureau of African Affairs, United States Department of State, recently stated, “Corruption is extremely widespread in this country, and there is no polite way to say this.”

She is dead right. Interestingly, Deliotte, an international accounting firm, has affirmed that the amount in question was disbursed. So, into what account was the money paid? The Service Wide Vote, from which N52 billion was allegedly remitted to the OHSF between 2004 and 2012, according the parliament’s findings, is an official conduit for stealing public funds. Instead of the N2.1 trillion approved by the National Assembly for the nine-year period, government spent N4.7 trillion.

Without question, siphoning N2.6 trillion out of the Federation Account without the approval of the parliament is an obvious breach of the 1999 Constitution. It is the height of official irresponsibility and an assault on the sensibilities of Nigerians. Inscrutably, however, the same parliament, which uncovered this Executive excesses, has remained silent since then.

Accountability is an irreducible part of public office. Unfortunately, this has yet to be coded in our country’s DNA. This is shameful. The presidents, ministers of finance and DG Budgets, whose office terms spanned this pillaging, must be made to set the records straight in this matter. This is how institutions are strengthened.

In Israel, its former president, Ehud Olmert, has just been convicted and fined $19,000 for collecting a bribe. There are other high ranking ex-public officials in the same country, Italy, Japan, France etc, gaoled for their misdeeds while in office, just as we have seen sitting presidents elsewhere quizzed for official misconduct.

After spending $35 billion on electricity infrastructure in the past 10 years, according Chinedu Nebo, the Minister of Power, generation dropped to 2,500 megawatts by March 24. Corruption is at the root of it. This oddity triggered a United Nations letter to Jonathan in November last year, stressing, “The failure of the state to provide basic services such as electricity is a violation of the right to health.” A citizen denied the right to health, invariably, is denied the right to life.

The mysterious disappearance of N114 billion explains why the government borrows for practically every project; or looks for public-private partnerships for its primary duties. It borrowed $1.6 billion for the four refineries repairs in 2012, which did not deliver the promised result; collected a $350 million loan from General Electric in February; China is funding our railways overhaul; just as the Lagos-Ibadan Expressway and the Second River Niger Bridge are waiting for private investors.

Given this sad reality, the House must expose those behind this sleaze; otherwise, it stands accused once more of complicity in corruption.

Share9Tweet6
Previous Post

Ecobank donates vehicles to PPMC to boost fight against pipeline vandalism

Next Post

Recurring power outages and the economy – National Mirror

Related Posts

Escaping Nigeria’s looming debt trap – Punch
Public Affairs

Escaping Nigeria’s looming debt trap – Punch

February 20 2026
Tinubu denies Christian, Muslim genocide in Nigeria
Public Affairs

Pay local contractors – Punch

February 4 2026
Drug tests for public office aspirants, a must – Punch
Public Affairs

Drug tests for public office aspirants, a must – Punch

January 9 2026
Economy in 2026: From risk to recovery – Punch
Public Affairs

Economy in 2026: From risk to recovery – Punch

January 2 2026
FG launches digital platform to transition to paperless operation
Public Affairs

LGs: Executive Order opposes federalism – Punch

December 30 2025
US launches strikes against ISIS terrorists in Sokoto
Public Affairs

Implications of US air strikes in Nigeria – Punch

December 29 2025
Next Post

Recurring power outages and the economy – National Mirror

DSS attempted jailbreak: There is cause for alarm – The Sun

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Cross River Assembly sacks LG vice chair over misconduct

Cross River Assembly sacks LG vice chair over misconduct

by The Editor
February 24 2026
0

...

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

by The Editor
February 22 2026
0

...

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

by The Editor
January 20 2026
0

...

Ogun State cancels Awujale selection process

Ogun State cancels Awujale selection process

by The Editor
December 18 2025
0

...

APPOINTMENTS

Rivers State not for political war, says Fubara

Fubara appoints new Chief of Staff, SSG

by The Editor
February 26 2026
0

...

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

by The Editor
February 24 2026
0

...

Tinubu confers GCON on business associate, Chagoury

Tinubu confers GCON on business associate, Chagoury

by The Editor
January 20 2026
0

...

FG targets Dana Air assets to refund trapped passenger funds

FG reshuffles NCAA directors amid corruption allegations

by The Editor
December 26 2025
0

...

ODDITIES

Nigerian nurse loses licence for sleeping during shift in Australia

Nigerian nurse loses licence for sleeping during shift in Australia

by The Editor
January 24 2026
0

Woman battling cancer seeks second wife for sex-starved husband

Woman battling cancer seeks second wife for sex-starved husband

by The Editor
December 27 2025
0

Man kills cousin over ₦1,000 burial refund in Delta State

Man kills cousin over ₦1,000 burial refund in Delta State

by The Editor
December 22 2025
0

GLOBAL NEWS

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

by The Editor
February 25 2026
0

...

Russian spy agency takes over Wagner operations in Africa

Russian spy agency takes over Wagner operations in Africa

by The Editor
February 21 2026
0

...

Trump rules out contesting for vice president to stay in power after 2028

Trump hikes US global tariff rate to 15%

by The Editor
February 21 2026
0

...

Gabonese Presidency defends social media shutdown

Gabonese Presidency defends social media shutdown

by The Editor
February 21 2026
0

...

Iran vows resistance amid US nuclear talks

Iran vows resistance amid US nuclear talks

by The Editor
February 21 2026
0

...

State of the States

Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

by The Editor
February 26 2026
0

...

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

by The Editor
February 21 2026
0

...

Ogun: Royal houses reject candidate for new Olowu

Residents protest as bandits attack Ondo community, abduct couple

by The Editor
February 21 2026
0

...

Labour leaders hail Gov. Mbah after consultative meeting as new welfare packages excite workers

Labour leaders hail Gov. Mbah after consultative meeting as new welfare packages excite workers

by The Editor
February 18 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Disu declares total war on police corruption, impunity

Disu declares total war on police corruption, impunity

February 26 2026
Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

February 26 2026
Lagos refers Simi’s resurfaced tweets to police for probe

Lagos refers Simi’s resurfaced tweets to police for probe

February 26 2026
Senate asks Tinubu to sack CAC boss

Senate asks Tinubu to sack CAC boss

February 26 2026

EDITORIAL REVIEW

Escaping Nigeria’s looming debt trap – Punch

Escaping Nigeria’s looming debt trap – Punch

by The Editor
February 20 2026
0

Tinubu denies Christian, Muslim genocide in Nigeria

Pay local contractors – Punch

by The Editor
February 4 2026
0

Drug tests for public office aspirants, a must – Punch

Drug tests for public office aspirants, a must – Punch

by The Editor
January 9 2026
0

Economy in 2026: From risk to recovery – Punch

Economy in 2026: From risk to recovery – Punch

by The Editor
January 2 2026
0

FG launches digital platform to transition to paperless operation

LGs: Executive Order opposes federalism – Punch

by The Editor
December 30 2025
0

Opinion

SEC explains licence grant to two crypto exchanges in Nigeria

New cryptocurrency tax regime in Nigeria

by The Editor
January 20 2026
0

...

Air Peace pledges free evacuation, medicals for trafficked Nigerian girls in Ivory Coast

No, Nigerian airfares are not the cheapest

by The Editor
December 29 2025
0

...

Tax document fraud: Governance and trust deficit

Tax document fraud: Governance and trust deficit

by The Editor
December 22 2025
0

...

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

by The Editor
December 8 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.