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Missing Funds: CBN, NNPC, AGF Face Reps, Today
The House of Representatives Committee on Public Accounts, yesterday issued a 24-hour ultimatum to the Acting Governor of Central Bank of Nigeria (CBN), Dr Sarah Alade and the Executive Director of Finance, Nigerian National Petroleum Corporation (NNPC), and Accountant General to the Federation (AGF), Mr Jonah Otunla, to appear before it to explain their various roles in the alleged missing N59.6 billion Service Wide Vote in 2006.
Representatives of NNPC, CBN and AGF had during the investigative hearing held yesterday denied knowledge about the disbursement of the fund.
In his submission, the NNPC General Manager, Accounts, Mr Sambo Aliyu, presented a letter written by the Budget Office in response to NNPC’s enquiry on the whereabouts of the missing fund.
He, however, noted that the Budget Office responded that the money was released to NNPC.
But when asked whether the money was released to NNPC, Aliyu responded that “the cash was not released, we did not see any money.”
While reacting to his submission, members of the committee insisted that all the relevant agencies should be summoned once again.
When the representative of CBN, Mr Dipo Fatokun was asked to explain what he knows about the missing fund, he simply replied, saying, “we will need to get the mandate from the AGF.”
Unhappy with his response, some of the lawmakers declared that Fatokun should come along with his superiors today as his response so far has not been encouraging.
When queried on the missing fund, a director, in the Budget Office, Mrs. Tayo Toluwase simply said she does not have all the relevant details on the issue.
While ruling, Chairman of the committee, Rep Olamilekan Adeola, ordered that the AGF should bring all the documents that involved the disbursement of the fund.
According to him, such documents should include all bank transactions between July and December, 2006, a copy of the Federation Account, copies of statements of accounts through CBN for the period under review.
He explained that “if there was any mandate on the said missing N59.6billion, it will show at a glance.
“We are tired of the excuses of all the agencies involved claiming ignorant at one stage or the other,” Adeola said.

Chairman, Rivers State Internal Revenue Service, Mrs Onene Osila Oshiko-Obele (left), presenting a sourvenir to Chairman, Rivers State House of Assembly Committee on Finance, Hon Josiah Olu, during the committee’s oversight visit to the Internal Revenue Service, last Thursday. Photo: Chris Monyanaga
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I’m Committed To Community Dev – Ajinwo
News
RSG Tasks Rural Dwellers On RAAMP …As Sensitization Team Visits Akulga, Degema, Three Others

Rivers State Head of Service, Dr (Mrs) Inyingi Brown, has called on rural communities in the State to embrace the Rural Access and Agricultural marketing project (RAAMP) with a view to improving their living conditions.
This follows the ongoing sensitization campaign by the State Project Implementation Unit (SPIU) visits to Degema, Abonnema, Afam headquarters of Degema, Akuku Toru and Oyigbo Etche and Omuma local government areas respectively.
Dr Brown who was represented by the Deputy Director, Special Duties in her office, Mrs Dein Akpanah, said RAAMP was initiated by the Federal Government and World Bank to economically empower rural dwellers.s
She said the World Bank understands the plights of rural farmers and traders in the State, and therefore came up with the programme to address them.
According to her, RAAMP will improve the conditions of farmers, traders and fishermen, and therefore, behoves on every rural communities in the State to embrace the programme.
The Head of Service also said the programme would support the youths to be gainfully employed while bridges and roads will be built to link farms and fishing settlements.
Also speaking, the State project coordinator, Mr Joshua Kpakol, said the programme has the potential of creating millionaires among farmers and fishermen in the State.
Kpakol who was represented by Engr. Sam Tombari, said RAAMP would help farmers and fishermen to preserve their produce.
According to him, the project will build cold rooms and Silos for preservation of crops and fishes while access roads will also be created to link farmers and fishermen to the market.
He, however, warned them against any act that will lead to the suspension of the projects by the World Bank.
Kpakol particularly warned against acts such as kidnapping, marching ground, gender based violence and child labour, adding that such acts if they occur may lead to the cancellation of the project by the World Bank.
During the visit to Oyigbo local government area, Mr Joshua Kpakol, said the team was there to let them know how they will benefit from the Raamp.
The coordinator who was personally at Oyigbo said the World Bank introduced the project to check food insecurity in the State.
He said already 19 states in Nigeria are already benefitting from the project and called on them to embrace the project.
Meanwhile, stakeholders in the three local government areas have commended the World Bank for including their areas in the project.
They, however, complained over the incessant attacks by pirates on their waterways.
At Degema, King Agolia of Ke kingdom said land was a major problem in the kingdom.
King Agolia represented by High Chief Alpheus Damiebi said many indigenes of the kingdom are willing to go into farming but are handicapped by lack of land.
Also at Degema, the representative of the Omu Onyam Ekeim of Usokun Degema kingdom, Osoabo Isaac, said Degema has embraced the programme but needed more information on the implementation of the programme.
Similarly, while High Chief Precious Abadi advised that the project should not be narrowed to only crop farming, a community women leader, Mrs Orikinge Eremabo Otto, called for the construction of cold rooms in all fishing settlements in the area.
At Abonnema, Mr Diamond Kio linked the problem of the area to incessant piracy along waterways.
He also expressed fears over the possibility of the project being hijacked by politicians.
Also at Abonnema, a stakeholder, Ikiriko Kelvin, called on the World Bank to design an agricultural project that will suit the riverine environment, while at Oyigbo, HRH Eze Boniface Akawo expressed satisfaction with the project.
John Bibor
News
Senate Replaces Natasha As Committee Chairman

The political mudslinging between the Senate leadership and Senator Natasha Akpoti-Uduaghan continued yesterday as the Senate named Senator Aniekan Bassey as the new Chairman of the Committee on Diaspora and Non-Governmental Organisations.
Senate President, Godswill Akpabio, announced the appointment during yesterday’s plenary, confirming Bassey’s replacement of Senator Natasha Akpoti-Uduaghan, who is currently on suspension.
Akpoti-Uduaghan was reassigned to the Diaspora and NGOs Committee in February after she was removed as Chair of the Senate Committee on Local Content during a minor reshuffle.
Bassey is the senator representing Akwa Ibom North-East Senatorial District.
Although no reason was given for her removal yesterday, the change is believed to be connected to her unresolved suspension.
In May, Justice Binta Nyako of the Federal High Court ordered her reinstatement and directed her to tender an apology to the Senate.
However, the Senate has insisted it has not received a certified true copy of the court judgment.
Akpoti-Uduaghan who represents Kogi Central, has yet to resume her legislative duties despite a recent court ruling that voided her suspension.
In a televised interview on Tuesday, Akpoti-Uduaghan said she was awaiting the Certified True Copy of the judgment before officially returning to plenary, citing legal advice and respect for institutional process.
Although the Federal High Court described her suspension as “excessive and unconstitutional”, a legal opinion dated July 5 and attributed to the Senate’s counsel, Paul Daudu (SAN), argued that the ruling lacked any binding directive to enforce her reinstatement.
Akpoti-Uduaghan, one of only three female senators in the current assembly, said the continued delay in allowing her return was not only a denial of her mandate but also a blow to democratic representation.
“By keeping me out of the chambers, the Senate is not just silencing Kogi Central, it’s denying Nigerian women and children representation. We are only three female senators now, down from eight,” she said.
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