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Corruption: Reps Threaten To Expose CBN, FIRS, NNPC, Others
The House of Representatives, yesterday, threatened to expose the amount of generated public funds unaccounted for by the Central Bank of Nigeria (CBN), the Nigeria National Petroleum Corporation (NNPC) and several other unremitting agencies in the country.
The Chairman of the House Public Accounts Committee, Rep. Wole Oke issued the threat at a public hearing on non-remittances, declared open by Speaker of the House of Representatives, Rep. Femi Gbajabiamila.
The two-week public hearing on the probe of alleged “deliberate and reckless refusal by non-Treasury and Partially Funded Agencies to render their audited accounts covering the period of 2014-2018 to the Auditor General of the federation” was attended by over 50 agencies.
Gbajabiamila, who was represented by Deputy Leader of the House of Representatives, Rep Peter Akpatason, made it clear that henceforth it would no longer business as usual as the Ninth National Assembly would go all out to compel the defaulting MDAs to adhere strictly to the relevant provisions of the Constitution and statutes to account for public funds appropriated to them.
Welcoming stakeholders to the public hearing, the Chairman of the Committee, Rep Wole Oke, who lamented the lukewarm attitude of the MDAs in rendering accounts of the funds allocated to the over the years, rolled out the long list of the numbers of MDAs involved.
Oke declared that the National Assembly would have no option than to publish the names of defaulting MDAs on the pages of the national dailies as a wake-up call.
According to him, “the 9th Assembly is not a ‘Yes’ Assembly or ‘rubber stamp’ one, we will go all out to make all the MDAs to surrender accurate accounts appropriated to them over the years, it very disheartened when some heads of the MDAs will dodging the parliament when it comes to rendering of accounts, henceforth, it is not going be business as usual”.
The House also threatened to stop further releases of budgetary allocations to all government agencies that fail to submit their audited account to the office of the Auditor General of the Federation.
The chairman threatened to name and shame all MDAs that have failed to submit their audited account, aside deploying the constitutional instrument of arrest, and frowned at instances where MDAs invited to appear before its Public Accounts Committee failed to do so, saying such action is a clear indication that they have something to hide.
Oke, who was visibly angry at the actions of the MDAs, told them that while they were not out to do the work, they were determined to find out why the agencies fail to submit their record of audited account to the Auditor General’s office as required by law.
He said, “when it comes to performing the duty of spending money as chief executive, you that judiciously. But when it comes to rendering account, you are hesitant in doing so. If you don’t render account, how will the Auditor General be able to audit the account of the country and tell us the state of our finances?
“This Parliament is determined to prove all those people who say we are rubber stamp wrong. We are determined to do our job. It will no longer be business as usual. We believe that the MDAs that are not here have something to hide.
Oke was particularly not happy with the absence of the chairman of the Federal Inland Revenue Service (FIRS) and the governor of the Central Bank of Nigeria (CBN), saying it was a sign of disrespect for the parliament.
He turned down an assistant general manager, who announced that he was representing the chairman of the Nigeria Electricity Regulatory Commission (NERC), saying they invited the chairman of the commission.
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RHI, RSG Empower 500 Senior Citizens In Rivers
The Renewed Hope Initiative in conjunction with the Rivers State Government has empowered 500 elderly citizens in Rivers State with financial support of N200,000 each.
The empowerment programme was part of activities to celebrate the third anniversary of the Renewed Hope Initiative Elderly Support Scheme RHIESS, a social investment policy initiated by the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu.
Speaking at the event which held at the Government House, Port Harcourt, recently, under the theme, ‘Finding Joy in Old Age,’ Senator Tinubu said the gesture which has become traditional since 2023 was a mark of gratitude in recognition of the invaluable contributions of the senior citizens to nation building.
The First Lady who was represented by the wife of the Rivers State Governor and State Coordinator of the Renewed Hope Initiative, Lady Valerie Fubara, said the scheme was to “support two hundred and fifty (250) vulnerable elderly citizens aged 65 and above in all the 36 states of the federation, the Federal Capital Territory, and veterans from the Defence and Police Officers’ Wives Association (DEPOWA) totalling 9,500 selected beneficiaries across the nation.
She urged the beneficiaries to engage in activities that will make them find joy in old age.
“I encourage you to continue playing your part by staying healthy and active, nurture both your body and mind through regular exercise and meaningful engagement,” Senator Tinubu advised.
On her part, Lady Fubara said the State Government through the magnanimity of the governor, Sir Siminalayi Fubara, has increased the beneficiaries of the programme from 250 to 500.
She restated the commitment of the State Government towards provision of social welfare and improving the standard of living of the elderly in the State.
Also speaking, the Executive Secretary, Rivers State Contributory Health Protection Programme (RIVCHPP), Dr Vetty Agala, said the State Government has through the Health4allrivers Initiative, introduced free medical care for senior citizens in the State, in line with the Renewed Hope Initiative.
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Expedite Action On MBA Forex Operator’s Prosecution, Rivers NUJ Tells EFCC
The Nigeria Union of Journalists (NUJ), Rivers State Council, has urged the Economic and Financial Crimes Commission (EFCC) to expedite the prosecution of the Director of the now distressed MBA Forex Trading, Mr. Maxwell Odum, in the interest of justice.
The Rivers State NUJ made the appeal during a courtesy visit to the EFFC’s Ag. Zonal Director, ACE Hassan Saidu, in Port Harcourt, recently.
The council’s chairman, Comrade Paul Bazia, said the appeal became imperative after it considered the number of Nigerians and others involved in the financial misconduct.
According to him, it has caused hardship among many households in the country and should be given the attention it deserves.
He said that investors cannot come into a country or invest in an economy or nation ridden with fraud.
This, he said, has made it more imperative to arrest, prosecute and convict alleged fraudsters like the MBA Forex Director, who is alleged to have defrauded thousands of unsuspecting Nigerians, to serve as a deterrent to others.
The chairman also requested that while the trial lasts, part of the swindled funds should be given to the victims that suffered loss and trauma as a result of the fraud.
The NUJ reiterated its resolve to change the narrative of reportage from crisis to developmental communication.
According to him, the NUJ’s main focus is blue economy and tourism.
He expressed the readiness of the Council to partner the agency in the area of information dissemination.
“We believe you have a responsibility to fight financial crimes. We also know that you need the Press to publicize your activities and NUJ can provide that,” he said.
Responding, the Zonal EFFC’s boss commended the NUJ’s vision to change the narrative of reporting from crisis to developmental communication.
According to Saidu, the Western world have since imbibed such culture, hence the negative stories about them are carefully sifted to allow only positive ones to be released to the outside world.
As for the trapped funds to be released, the EFCC Zonal Director stated that only the court can authorize such action, stressing that the primary responsibility of the Commission is to arrest and prosecute.
He pledged to partner with the NUJ now that the leadership has visited the Commission.
The Head of the Legal & Prosecution Department, DCE Odiase Stephen, corroborated the Zonal Director’s position and stressed that it was only when the matter has been determined by the court that such funds can be released.
He further stated that once a matter is before a court of competent jurisdiction, it cannot be discussed outside.
By: King Onunwor
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