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

Tinubu sticking to anti-masses policy, says Afenifere
Public Affairs

Fuel subsidy windfall without impact – Punch

July 9 2025
Overhaul Nigeria’s prisons – Punch
Public Affairs

Overhaul Nigeria’s prisons – Punch

July 3 2025
ICPC secures conviction against aviation worker over fake employment
Public Affairs

Second term bid interfering with governance – Punch

July 1 2025
The 2027 deadline for CBT examinations – The Sun
Public Affairs

The 2027 deadline for CBT examinations – The Sun

June 22 2025
Maryam Abacha’s forged revisionism – Punch
Public Affairs

Maryam Abacha’s forged revisionism – Punch

June 22 2025
Benue carnage: Beyond army chief’s relocation – Punch
Public Affairs

Benue carnage: Beyond army chief’s relocation – Punch

June 17 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

Gunmen attack Soludo’s LG, kill four, burn security vehicle

Gunmen attack Soludo’s LG, kill four, burn security vehicle

by The Editor
July 9 2025
0

...

Olubadan dies at 90

Olubadan dies at 90

by The Editor
July 8 2025
0

...

Lagos Assembly summons AG over delayed implementation of LG law

Lagos Assembly summons AG over delayed implementation of LG law

by The Editor
July 1 2025
0

...

Boston Museum returns looted artefacts to Oba of Benin

Boston Museum returns looted artefacts to Oba of Benin

by The Editor
June 29 2025
0

...

APPOINTMENTS

Reasons for resignation emerge as Ganduje leaves office as APC National Chairman

Keyamo unveils Ganduje as FAAN board chair

by The Editor
July 9 2025
0

...

Gunmen abduct passengers in Ondo

Ondo Assembly confirms 15 commissioner-nominees

by The Editor
July 1 2025
0

...

Dalori takes over as APC acting chairman

Dalori takes over as APC acting chairman

by The Editor
June 28 2025
0

...

Sierra Leone President succeeds Tinubu as new ECOWAS Chairman

Sierra Leone President succeeds Tinubu as new ECOWAS Chairman

by The Editor
June 22 2025
0

...

ODDITIES

Three masqueraders land in prison for flogging Enugu residents

Three masqueraders land in prison for flogging Enugu residents

by The Editor
June 29 2025
0

Police Inspector loses life by accidental discharge from son

Police Inspector loses life by accidental discharge from son

by The Editor
June 17 2025
0

Truck runs into Christmas procession in Gombe

Gombe perm sec, four others die from electrocution

by The Editor
June 14 2025
0

GLOBAL NEWS

Nigeria rejected US push to accept Venezuelan deportees — Tuggar

Nigeria rejected US push to accept Venezuelan deportees — Tuggar

by The Editor
July 11 2025
0

...

Kenya’s President orders police to shoot protesters

Kenya’s President orders police to shoot protesters

by The Editor
July 9 2025
0

...

Trump woos five West African leaders in White House meeting

Trump woos five West African leaders in White House meeting

by The Editor
July 9 2025
0

...

Denmark fights AI by giving citizens copyright to their faces, voices

Denmark fights AI by giving citizens copyright to their faces, voices

by The Editor
July 9 2025
0

...

US cuts Nigerians’ visa validity to three months

US cuts Nigerians’ visa validity to three months

by The Editor
July 9 2025
0

...

State of the States

Zamfara clears ₦13.9bn gratuity arrears to retirees

Zamfara clears ₦13.9bn gratuity arrears to retirees

by The Editor
July 9 2025
0

...

Bandits snatch Xmas foodstuffs, drinks from man on bike

Kaduna debunks curfew rumour in Kakuri community

by The Editor
July 1 2025
0

...

Kogi schools to reopen Sept 14

FG grants Kogi govt 15 mining licences to tap mineral resources

by The Editor
June 28 2025
0

...

Lagos govt denies involvement in demolition of Obi’s brother’s property

Lagos govt denies involvement in demolition of Obi’s brother’s property

by The Editor
June 26 2025
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Buhari promises to handover power May 29

Katsina declares Monday work-free day to mourn Buhari

July 14 2025
Gov. Sanwo-Olu celebrates LG poll victory

Gov. Sanwo-Olu celebrates LG poll victory

July 14 2025
Banditry, others: We can’t tackle insecurity in Nigeria on our own — Buhari

Tinubu, ex-leaders gather for Buhari’s burial in Daura today

July 14 2025
Strike: Edo teachers defy court order, stay away from schools

Nine states delay teachers N70,000 minimum wage

July 14 2025

EDITORIAL REVIEW

Tinubu sticking to anti-masses policy, says Afenifere

Fuel subsidy windfall without impact – Punch

by The Editor
July 9 2025
0

Overhaul Nigeria’s prisons – Punch

Overhaul Nigeria’s prisons – Punch

by The Editor
July 3 2025
0

ICPC secures conviction against aviation worker over fake employment

Second term bid interfering with governance – Punch

by The Editor
July 1 2025
0

The 2027 deadline for CBT examinations – The Sun

The 2027 deadline for CBT examinations – The Sun

by The Editor
June 22 2025
0

Maryam Abacha’s forged revisionism – Punch

Maryam Abacha’s forged revisionism – Punch

by The Editor
June 22 2025
0

Opinion

Tinubu cancels national broadcast, to address Nigerians from N’Assembly

Tinubu, The Audacity To Hope: Two years after

by The Editor
June 12 2025
0

...

Supreme Court affirms Mbah as Enugu State Governor

2027: Mbah, PDP and newfound political romance in Enugu

by The Editor
May 17 2025
0

...

Nigeria should emulate India’s blueprint for development

Nigeria should emulate India’s blueprint for development

by The Editor
April 21 2025
0

...

Much ado about immortalising Humphrey Nwosu

Much ado about immortalising Humphrey Nwosu

by The Editor
March 31 2025
0

...

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

© 2024 TheCitizen Ng. All Rights Reserved.

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

© 2024 TheCitizen Ng. All Rights Reserved.