Saraki to FG: Account for alleged missing $20bn

Date: 2014-04-25

Former Kwara State Governor, Dr. Bukola Saraki, yesterday urged the Jonathan administration to account for the alleged missing $20 billion and N620 billion kerosene subsidy in Nigerian National Petroleum Corporation (NNPC).

Senator Saraki, who represents Kwara Central in the National Assembly, said that, if the missing funds were recovered, they can be channelled into construction of roads across the country as well as provide jobs for youths.

The former governor, who stated this while addressing participants during the Kwara South Youth Interactive Summit in Ilorin, decried the level of corruption in the country, stressing that it is high time the youth stand up to effect change in the leadership of the country.

Represented by his Chief of Staff, Gbenga Makanjuola, he said: "In Nigeria, the sectors that lift the masses out of poverty had been grounded by corruption, inconsistent policies, state monopoly and inefficiency.

"The steel industry has never taken off in spite of the fact that major steel projects in Ajaokuta, Aladja and Osogbo were initiated since 1979.

"The textile industry that was the largest employer of labour is now in comatose. Manufacturing has lost its importance in Nigeria, as the country is now importing every manner of products, thereby leading to retrenchment of workers.

"Corruption is another major problem that has to be tackled. With incessant reports of unabated level of oil theft and bunkering,the Nigerian National Petroluem Corporation(NNPC) is yet to account for the revenues that come in.

"The allegation by the suspended CBN Governor, Sanusi Lamido Sanusi, that NNPC has not remitted $20 billion into the Federation Account is being treated with levity while the NNPC allegedly paid itself N620 billion as subsidy on kerosene.

"All these funds are yet to be recovered. Only a fraction of that money can construct Lagos-Ibadan Expressway,the East-West Road. The money could also have staved off the prolonged university teachers’ strike that almost cost a full academic session.” Saraki, who urged youths to come out to rescue Nigeria from these challenges, said if all stakeholders failed to rescue the country, the nation’s democracy would be endangered.

The state Governor, Abdulfatah Ahmed, who was represented by the Commissioner for Sports and Youth Development, Saheed Popoola, appealed to youths to resisit any attempt by anyone or group to incite them for violence and negative acts.

In her goodwill message, the former Minister of Health,Princess Funke Adedoyin, said youths should utilise natural resources within their areas, stressing that government could intervene if they have organised themselves.

She noted that the All Progressives Congress (APC) is about the people and the party culture and policies are people-oriented. The former minister charged youths to work with the state government so that they would enjoy their entitlements and benefits.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Mary Kemi Adeosun     Modibo Kawu     Bamidele Aluko     Veterinary Teaching Hospital     Isiaka Oniwa     Pacify Labs     Saduki Lafiagi     Offorjama     Bello Abubakar     Bilikisu Oniyangi     Sulyman Age AbdulKareem     Oke-Ero     Societe Generale Bank Of Nigeria     Niyi Osundare     Aliyu Adebayo     Mohammed Kamaludeen     Baakini     Kola Ologbondiyan     Eleja     Erubu Oba Zubair     Olatunji Moronfoye     Abdullateef Abdussalam     Code Of Conduct     Kwabes     Majlis For Sadakah, Zakat And Waqf     Shuaib Boni Aliyu     Colleges Of Education Academic Staff Union     Sulyman Tejidini     Federal Polytechnic Offa     Senate     Isiaka Danmeromu     AGF Abdulrazaq     Obasanjo     Akeem Olatunji     Isaac Gbenle     Ijakadi     Wasiu Onidugbe     Garba Ayodele Wahab     Bamidele Adegoke     Abegunde Goke     Iqra Books     Ilorin Curfew     Kulende     Ilorin Water Reticulation     Salake     Najim Yaasin     Muhammed Aliyu     Labour Party     Emir Of Yashikira     Babatunde Idiagbon     Awodun     Kayode Ishola     Ilorin Durbar     Sayomi     Bankole Omishore     Odogun Olushola Gabriel     FOMWAN     Baboko     Ogbondoroko     Olaiya Zuberu     Modupe Oluwole     Ilorin Emirate     Sarafadeen Kayode Akorede     Omotosho     Kwara Coalition Of Business And Professional Associations     Olaitan Adefila     Isiaka Abdulrazak     Al-Hikmah Radio     College Of Education     Dele Momodu     Rebecca Bake     Iponrin     John Mayokun Dada     Okiki     Wahab Egbewole     Ilorin West     Ilesha-Baruba-Gwanara    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ilorin East/South Federal Constituency     Yakubu Danladi     Abubakar Ndakene     Centre For Peace And Strategic Studies     Hauwa Nuru     Obayomi Azeez     Binta Abubakar Mora     Raliat AbdulRazaq     Lanre Olosunde     Joseph Alex Offorjama     Ibrahim Agboola Gambari     GAMA     Lafiagi     Muhammed Akanbi     AbdulGaniyu Kareem     Nigeria Governors\' Forum     Imodoye Writer’s Enclave     Emir Of Kano     IYA YUSUF     Solomon Edoja     Emir Of Shonga     Ile Arugbo     Adolescent Girls Initiative For Learning And Empowerment     Boko Haram     Centre For Community Empowerment And Poverty Eradication     Gbenga Awoyale     Mohammed Yahaya Barki     Abubakar Abdullahi Bata     Kwara State Fish Farmers Association     Gabriel Fashanu     Okanlawon Musa     Jebba     Osi     Bisi Kristien     April 11     Kwara State Government     Dan-Kazeem     Sabi     Lawyers Unite Against Corruption     Galadima     Danladi     Aminat Ahmed     Women Radio     Folashade Omoniyi     JUSUN     Christopher Ayeni     ER-KANG Mining     Hassanat Bello     Idi-Ape     Apaokagi     United Nigeria Congress Party     KWATMA     Garment Factory     Christopher Tunji Ayeni     RTEAN     Aliyu Sabi     Zara Umar     Ilesha-Baruba-Gwanara     Joana Nnazua Kolo     Sai Kayi     Young Progressives Party     Oja-Oba     Freshvine Nigeria Limited     Mufutau Olatinwo     Share/Tsaragi     Hamidat Sulyman-Yusuf     Mohammed Danjuma     Amos Justus Sayo     AbdulQowiy Olododo     Kwara State Governor     Oyedun Juliana Funke     Egbewole     JAMB     Yakubu Gobir     Aso-ofi     Jumoke F. Ajao     Presidential Election