Monday, February 29, 2016

Nigeria had over 20000 ghost workers on its payroll

Nigeria's finance ministry has saved millions of dollars for the cash-strapped government by removing more than 20,000 "ghost workers" from the state payroll. The eliminated ghost workers represented just a "percentage" of "non-existent" staff who had been receiving monthly wages, highlighting the brazen corruption in Africa's biggest economy.
Nigeria finance minister Kemi Adeosun

"The salary bill for February 2016 has reduced by 2.293 billion naira ($11.53 million)," finance ministry advisor Festus Akanbi said in a statement. Akanbi said that stricter payroll regulation would boost the budget at a time when Nigeria's state coffers are depleted as a result of the collapse in global oil prices.

Trimming personnel costs "is key to funding the deficit in the 2016 budget, as savings made will ultimately reduce the amount to be borrowed," Akanbi said. Nigerian President Muhammadu Buhari announced a record budget in December promising to stimulate growth and build infrastructure in the oil-rich but import-dependant nation. He has vowed to infuse the budget with money recovered in his quest to stamp out endemic corruption in Nigeria.

Monday, February 8, 2016

Exclusive Interview with President Muhammadu Buhari by UK Telegraph

Are you willing to talk to Boko Haram about the missing Chibok schoolgirls?
"As long as we can establish the bona fides of the leadership of Boko Haram, we are prepared as a government to discuss with them how to get the girls back. But we have not established any evidence of a credible leadership."
Is Abubakr Shekau still the leader of Boko Haram?
"I receive conflicting information about the status of Shekau. Some say he has been removed and replaced by a less charismatic terrorist leader.
"I think he must be on the run, because out of the 14 local government districts that Boko Haram used to call their caliphate, they now do not control any now. They are scattered around the Sambisa forest and they have resorted to attacking soft targets, people in churches, mosques and market places, and using improvised explosive devices."
Are you seeking any further help from the West in the fight against Boko Haram?
"I was invited by the G7 during my visit to Europe to brief them on the issue of security Boko Haram, and I did so. I subsequently sent Nigeria's 'shopping list' in terms of the infrastructure destroyed. That is schools, medical facilities and other institutions, bridges blown up, and the estimates of repair."
Did you also ask for Western military help?
"Yes, I did, but I don't want to give any details of that in public at present. As you know, we already have foreign military help in terms of training missions."
And are you asking for additional military help beyond training missions?
"I am not asking for any of that yet. I want to be briefed first on the situation from the Nigerian military and also the police."
The previous government used mercenaries from South Africa in the fight against Boko Haram, with some success. Would you consider doing the same?
"I personally was very disappointed that the previous government resorted to mercenaries. I was also disappointed by the recent revelations of how military allocations were also misappropriated. How is it that Nigeria's military, which has a good record across west Africa, cannot claim back to 14 out of 774 local governorates from Boko Haram? They have to ask for mercenaries from South Africa? How the mighty has fallen!"
What is your feeling on the wider terror threats across west and north Africa at the moment, with terrorism attacks taking place in Mali and Burkina Faso?
"I think we should be very worried because with technology, Boko Haram and other terrorists have become very mobile in all continents, not only in Africa but also in Europe, America and Asia.
"For Africa and the Sahel, the demise of Gaddafi's regime led to a lot of armed and trained people, especially those from the Sahel, being dispersed. Fighting is the only thing they know, and they are available at a fee. The danger is there, and I am pleased that Europe has realised it too."
There have been reports that Nigerians have been fighting for Isil in the Libyan city of Sirte. Is that true?
"I haven't seen confirmed reports about that, but I know that it is not only in Sirte - there are also Nigerians finding their way to Syria too. I don't know which side, but they may be fighing for Isil. How many, I have no idea."
Have you ever had reports of people from the Nigerian diaspora in the UK being involved in Boko Haram in any way?
"No, but if I do, I will immediately raise the issue."

A number of Nigerians use the migrant routes to come to the UK to claim asylum, saying their lives are at risk from Boko Haram. Is is legitimate for them to do so?
"Some Nigerians claim is that life is too difficult back home, but then again some Nigerians have also made it difficult for Europeans and Americans to accept them because of the number of Nigerians in different prisons all over the world accused of drug trafficking or human trafficking. I don't think Nigerians have anybody to blame. They can remain at home. Their services are required to rebuild the country. If their countrymen misbehaved, the best thing for them is to stay at home and encourage the credibility of the nation."
Do you think that Nigerians have an image problem abroad?
"Certainly. But we are on our way to salvage that. We will encourage our countrymen to stay at home, work hard and make a respectable living at home."
Your government has launched a major corruption probe over claims that billions of dollars of oil cash went missing during the previous administration. Some suspects have been arrested in the UK. Are you satisfied with the co-operation you are getting from the UK authorities?
"One of the biggest suspects is in Britain now, although I am not going to name that person. But Britain has earned our respect in the way it deals with these matters. Our only problem is that it seems to be too thorough and it takes too much time. If there are obvious cases, like bank accounts, infrastructure houses and hotels, I would hope they could do it quicker, so that we can claim these things back promptly."

By Collin Freeman

Friday, February 5, 2016

AMCON owed N1.1 trillion

Nigerian financial services, the Asset Management Corporation of Nigeria (AMCON) has listed Capital Oil and Gas Industries Limited, Seawolf, the defunct Bellview Airlines, Resort International Limited, Timbuktu Media (owner of the defunct Next Newspaper), former Chairman of the National Population Commission (NPC), Chief Festus Odimegwu, and 214 other firms, their respective directors, and individuals with outstanding debts of N1.146 trillion that have failed to visit the corporation for the resolution of their debts. 
Ubah Ifeanyi - Capital Oil and Gas

While AMCON put the outstanding debt of Seawolf at N160.09 billion, it listed Uwamu Adolor, Okunlola Remi, Rasheed Mahey Rafindadi, Wessels Alwyn, Odulami Remi, Waziri Ibrahim Dahiru and Oduntan Adetunji, as  directors of the company. Also, the list showed that Capital Oil, which is indebted to the corporation to the tune of N104.8 billion, has Mr. Ubah Ifeanyi Patrick, Ubah Uchenna, Ubah Chidera Graciuos, Orji Joseph Anayo, Chigbogu Fidelia Ezinwanne, Awodein Ayodeji Tolulope, Usoro Nsikan Anthony, and Akerele Oyinlade Mercy, as its directors. Directors of Resort International include Mr. Wale Babalakin (SAN), who has a N132 billion judgment debt against the federal government, and a court ruling ordering AMCON to offset his indebtedness to it against the judgment debt. Other directors of Resort International are Akinsanya Olayinka, Layonu Abiodun, Akibambi Temitayo Kola, Spectra Limited and Adewunmi Abiola. AMCON listed Resort as being indebted to the tune of N36.30 billion.

Other firms on the debtor list include Tanzila Petroluem Limited - N49.2 billion; Home Trust Savings - N25.749 billion; Suru Worldwide Ventures - N24.41 billion; Roygate Properties - N23.261 billion; Ziklagsis Network Limited - N20.334 billion; Lexcap Partners - N18 billion. Similarly, AMCON also listed Anyiam Osigwe Limited - N17.247 billion; Iorna Global Resources Limited - N15.873 billion; Hosanna Properties Limited - N14.983 billion; Unudike Enterprises Limited - N14.16 billion; Bulk Pack Services Limited - N13.493 billion; Global Haulage Resources Limited - N11.472 billion; Taka Continental Limited -N11.378 billion; JAG Global Resources Limited - N11.108 billion; Felshade International Nigeria - N10.979 billion; AFRIJET Airlines Limited - N10.886 billion; Hotel De Island (belonging to Sentor Buruji Kashamu and family) - N10.797 billion; and Petroleum Brokers Limited - N10.681 billion, on the long list of debtors.

source: thisday