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.

Special Agro-industrial Processing Zone     Umar Gunu     Kwara Muslim Pilgrims Welfare Board     David Oyepinola Adedumoye     Isiaka Gold     Aminat Omodara     BIR     Salihu Ajibola Ajia     Hamidat Sulyman-Yusuf     Ilorin Central Mosque     Ramadan     Gbadeyan Gbadura Yomi     Abdulfatai Salman Baakini     Aliyu Muyideen     08001000100     MMWG     Oke-Ode     SWAN     Modibbo Kawu     ANCOPPS     Erin-ile     Charcoal     Atiku Abubakar     Sunset Workers     Issa Manzuma     Kazeem Gbolagade     James Kolo     Basit Olatunji     Hassan A. Saliu     Gaa Olobi     Lawan     New Nigeria People’s Party     Adesoye College     Ayinde Oyepitan     Oladipo Akanmu Tolani     Olokoba     Micheal Imoudu     UNILORIN Alumni Association     Olabode George Towoju     Kulende-UITH     High Court     Zulu Gambari     Gobir Organization Foundation     Ibrahim Jawondo     Abdulrazaq Akorede     Yemi Sanni     KW-GIS     Yahaya Oloriegbe     Sardauna     Alfa Modibo Belgore     Col. Ibrahim Taiwo     Iponrin     Olaiya Zuberu     General Hospital, Offa     Rebecca Bake     March 18     Taofik Abdulkareem     Ishola Balogun Fulani     Suleiman Idris     Principal Private Secretary     Jimoh Akani     Abdul-Rasheed Na\'Allah     Anilelerin     Pakata     Adeola Abraham     Okedare     Rafiu Ajakaye     Olukotun Of Ikotun     Bio Ibrahim     Isiaka Saka Opobiyi     Women Radio     Lola Olabayo     Saliu Ajia     KWASAA     Talaka Parapo     Universal Basic Education Commission     Shaykh Luqman Jimoh    

Cloud Tag: What's trending

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

Yoruba     Tsaragi/Share     Sola Saraki University     James Ayeni     Sheikh Alimi     Yusuf A. Usman     Fatai Olodo     Abdulrahman Abdullahi Kayode     Prince Mahe Abdulkadir     Aliyu Olatunji Ajanaku     Trader Moni     Mary Arinde     Arinola Fatimoh Lawal     Maryam Ado Bayero     Idiagbon     Ezekiel Yissa Benjamin     Kudirat Arinola Lawal     Yusuf Amuda Aluko     Amasa     Amuda Musbau     KFA     AGF Abdulrazaq     Hassan Oyeleke     Kwara University Of Education     Ibrahim Mohammed     Opobiyi     Mohammed Katsina Ahmed     Chemiroy Nigeria Limited     Allocation     Iponrin     Ijagbo     Ayo Adeyemi     Abubakar B.M     Abraysports FC     Issa Oloruntogun     Taiwo Joseph     Saadatu Modibbo-Kawu     New Nigeria People’s Party     Muyideen Ajani Bello     Taofeeq Olateju     Shonga Farm Project     Ilofa     Village Alive Development Association     Belgore     Abdulrazak Shehu Akorede     Ramadan     Code Of Conduct Bureau     Just Law Forum     BIR     IsDB     Ilorin Innovation Hub     Wahab Kunle Shittu     Ben Duntoye     Government House     Muhammad Akande Olarewaju Odunade     Tunji Olawuyi     Oke-Ogun     Ishola Balogun Fulani     Ibrahim Abduquadri Abikan     Marafan Shonga     Isiaka Yusuf     Royal FM     Aliyu Muyideen     Hassan A. Saliu     KWASAA     Olaoye B. Felix     Admiralty Villa     General Hospital     Abdulsalam A. Yusuf     AbdulGafar Tosho     Alimi Abdulrazaq     VADA     Alabe     Kwara State Fire Service     Binta Abubakar-Mora     Yakubu Danladi     Elese Of Igbaja