Fidelity bank banner Bayelsa State banner
There’ll be no diversion of public funds under Buhari, Information Minister assures

By News Express on 16/11/2015

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,502


Minister of Information and Culture, Alhaji Lai Mohammed, has dismissed as a contrived distraction the alleged fraud in the Treasury Single Account (TSA) and the rumoured diversion of the TSA funds to bankroll elections in Bayelsa and Kogi states.

In a statement isued today in Abuja by his Special Adviser Segun Adeyemi, the minister said if those behind the accusation had allowed themselves some measure of honesty, they would have realised that there has not and there will be no such impunity under the administration of President Muhammadu Buhari.

“It is understandable,” he said, “that the psyche of those who are making the frivolous allegations concerning the TSA has been badly affected by the impunity that permeated the country under the immediate past administration, when unappropriated funds were freely used to finance elections and the public till was seen as an extension of personal piggy banks.

“But the lies that have been wilfully disseminated by scandalmongers over the TSA cannot and will not fly, because it was precisely to put an end to such impunity that Nigerians voted massively for President Muhammadu Buhari, who has an unblemished reputation for integrity, due process, transparency and the rule of law.”

Alhaji Mohammed assured Nigerians that no one has tampered with the TSA funds, saying though the TSA was initiated under the previous administration, the reason it has begun to enjoy a new lease of life and attract national attention is because of the political will and transparency demonstrated by President Buhari.

According to him, “Those behind the rumour that a single company, Systemspecs, made 25 billion Naira from charging 1 per cent of TSA funds that passed through the company’s software, Remita, may need to return to elementary school to get some lessons in arithmetic.

“This is because in order for 1 per cent charge to fetch 25 billion Naira, the funds accruing into the TSA must have reached 2.5 trillion Naira. Yet, the total amount of funds in the TSA to date is still much less than 2 trillion.

“More importantly, at the time the Governor of the Central Bank of Nigeria (CBN) ordered that all monies that were erroneously charged as ‘revenue’ be returned to the TSA Account late last month, the TSA had less than 800 billion Naira. It therefore beggars belief that anyone could attempt to mislead the public by raising a false alarm that a firm made 25 billion Naira in TSA charges.”

The minister appealed to Nigerians not to allow those who have been funding their lavish lifestyles and encouraging corruption, to the detriment of ordinary citizens and without bothering about national interest, to sabotage the laudable TSA programme with contrived lies, dangerous innuendoes and outright misinformation.

•Photo shows Information and Culture Minister, Lai Mohammed.

Source News Express

Posted 16/11/2015 6:52:01 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Disquiet in Bayelsa over police invitation to ex-militants...

Ifeanyi Uba promises to immortalise Achebe

Breaking News: First Lady slips into coma, needs...

Niger Govt. releases N50m monthly for students’ scholarships...

7 in police net over illegal advertising practice...

10,120 Sokoto families receive N15,000 monthly to keep...

Ambode appoints Special Adviser on Information and Strategy...

Badoo kills pastor in fresh strike •Widow, child...

IBB, Saraki, Tinubu, Dickson, Sani-Bello, Peter Obi mourn...

‘Boko Haram’s attack on Monguno desperate, diversionary’ •DHQ...

State House establishes Help Desk

EFCC declares Nyako wanted, quizzes Ngilari

 

Latest News Presidency: 2019 is for major game-changer, By Charles Adeyinka Playing chess with human lives, By Ekene Odigwe R-APC will leave APC, with or without Saraki – Baraje PDP chieftain shot dead in Lagos during meeting Police dismiss 4 SARS operatives for robbery, other crimes Boko Haram invades Chad, slaughters 18, kidnaps 10 women Dasuki: ‘Buhari misled by northern cabals’ Police arrest five PDP chieftains over killing of LG chairman JAMB remits N7.8bn as examination surplus Dickson urges stronger unity in Osun PDP before guber polls Fears of arrest, abuse by Govs may kill State Police Bill – Sen. Ibrahim 2018 Budget: Minister replies HEDA’s FOI request on inserted projects

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (364,006 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (359,424 views) Shameless Genevieve Nnaji exposes breasts in public (287,859 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (236,138 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (215,623 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (213,073 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (187,253 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (169,243 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,660 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (153,443 views) Lagos plane crash: Journalist releases victims’ names (148,219 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (139,286 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,365) Business Verdict (48) Columnists (890) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (616) Global Business Monitor (286) International (2,160) Interview (159) Live Commentary (28) Love Matters (127) News (37,359) Opinion (1,025) Pidgin (10) Politics (5,653) Religion (790) Sports (1,613) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Nigerian detainees send SOS from Osama prison

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement