Okonjo-Iweala being persecuted, says Aide as forum denies FAAC’s approval for $2bn ECA withdrawal

The brickbat between some people in the current government and the immediate past Minister of Finance, Dr. Ngozi Okonjo-Iweala, continued yesterday, with a group with the name Forum of Finance Commissioners denying that FAAC ever approved the withdrawal of $2 billion from the Excess Crude Account, ECA, late last year.
However, in a swift reaction, the former minister’s Media Adviser, Mr. Paul Nwachukwu, said that Dr. Okonjo-Iweala was being persecuted by political opponents of the last administration.
Okonjo-Iweala’s defence
We thank the Finance Commissioners for their clarification on the use of the Excess Crude Account (ECA) and for acknowledging that this is not an Okonjo-Iweala issue.
The statement clearly shows that Federation Accounts Allocation Committee (FAAC) is a statutory body which is chaired by the Hon. Minister of State for Finance in which all the states are represented.
Payments made were used for paying for petroleum subsidies for the Nigerian people and were approved by Mr President.
Therefore there is no question of mismanaging any resources here.

Comments

Glopee: Latest Nigerian gospel artist on the move.

Who says doctors cant sing!! I never knew doctors could sing until I came across a talented winning singer by name Glopee. Here is what he said after a brief interview at the Icon Records Studio. " I started singing professionally in 1999 at Living faith church Ikire in Osun State, Under the leadership of Pastor Abiodun Adeyeye and Pastor Praise Gbemiga. So far, I have ministered in several churches such as Baptist, CAC and Living faith in different locations; Ife, Benin, Ibadan, Jos and Bauchi " Biodata: Name: Dr Peace Edokpolo aka Glopee Occupation: Medical Lab Scientist/Veterinary Doctor Status: Married Football club: Chelsea Favorite Food: Plantain & white rice with stew Pet: Dogs He has dropped a gospel hit single which is gaining massive views by Nigerians home and abroad titled YOU ARE WORTHY. Follow Glopee on twitter @glopee3 or @theiconrecords to get a link to the song download for free.

How Ooni Of Ife’s 6th Wife Who Is His Last Was Embarrassed By 1 of Her Other Senior Wives During Burial (Photos)

How Ooni Of Ife’s 6th Wife Who Is His Last Was Embarrassed By 1 of Her Other Senior Wives During Burial (Photos) See her photo with the late OBA below Following the burial of the Onni of Ife,Oba Okunade Sijiwade, there was mild drama between his wives as last wife, Olori Adedolapo(nee Adesida) was embarrassed by one of the elder wives. According to City People,in the mid-2000s, Oba Okunade Sijuwade often stepped out with Olori Adedolapo. Sources claim the other wives where always envious and jealous of her so During the interdenominational service held in his honour, the beautiful princess who is a daughter of a late Deji of Akureland didn’t have it good with 1 of the wives. The beautifully-dressed Olori Adedolapo was asked to leave the seat where she seated among other queens. Though she introduced herself as one of the Oloris, she was forced to leave the seat by one of the Oloris. She later sat among members of the Ife Development Board. Wives of the late ...

Lady Gaga appears in see-through outfit on private jet

Lady Gaga shared photos of herself dressed in white holey Lycra jumpsuit while aboard a private jet and captioned it 'Fly Me To The Moon, can I take stow your bags for you sire.'

Icon Records: Music and Entertainment

Search This Blog