Connect with us

COVER

How NASS Members Corner Billions Via Constituency Projects-ICPC

Published

on

Share

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has revealed that Nigerian federal lawmakers, in connivance with executing agencies, have perfected fraudulent means of pocketing billions of naira under the guise of constituency projects.

One of the means used in the fraudulent scheme is the duplication of contracts using the same description,  narrative, amount, location and awarded by the same agency.

This, the ICPC said, was done by lawmakers to bring the amounts allocated to them within certain approval threshold of executing agencies so as to avoid ministerial tenders, the report found.

Another method used in stealing public funds was the insertion into budgets of a series of fluidly species of constituency projects termed “capacity building and empowerment projects,” which entails training and distribution of items and even cash to constituents.

“These Capacity Building and Empowerment projects have become a convenient conduit for embezzling public funds by the sponsoring legislators and the executing agency as they are difficult to track and verify due to their “soft” nature,” the report, which was signed by Bolaji Owasanoye, Chairman, ICPC, read.

The report, Constituency Projects Tracking Group (CPTG), which is in its first phase, tracked 424 projects from 2015–2018 zonal intervention projects (also called constituency projects) between June and August, 2019, across 12 states and the Federal Capital Territory.

The states include Adamawa, Akwa Ibom, Bauchi, Benue, Edo, Enugu, Imo, Kano, Kogi, Lagos, Osun and Sokoto.

President Muhammadu Buhari had in November said there has been very little benefits to the grassroots from the ₦1 trillion that had been earmarked for constituency projects in the last 10 years.

This is so in spite of the wide disproportionality between appropriations for constituency projects and statutory projects of some implementing agencies, especially those of Small and Medium Enterprises Development Agency (SMEDAN) and Border Community Development Agency (BCDA).

“For instance, in 2015, while the total mandate allocation for SMEDAN was N1,592,323,599, constituency projects allocation was N5,814,369,579,” the report said. “95 per cent of these constituency projects allocations were for empowerment and capacity building projects. This appropriation jumped up in 2016 to N11,120,099,958; 741 per cent of mandate budget with empowerment and capacity building projects taking 99% of the amount.”

“The size, number and types of Zonal Intervention Projects (ZIP) domiciled in SMEDAN and BCDA, for instance, have turned them into conduits for, and means of abuse of constituency projects and therefore vulnerable to corruption.”

The ICPC report said there was need to review the statutory mandate of SMEDAN and BCDA against the types of Zonal Intervention Projects being embedded in them.

It also called for the temporary suspension of empowerment and capacity building constituency projects since they were “just free money without accountability, aside from being difficult to track. If however, they must go on, the implementation process and mechanism must be completely overhauled to put it strictly under absolute control of the executing agency.”

The spokesperson for the Senate, Godiya Akwashiki and his colleague at the House of Representatives, Benjamin Kalu, did not answer or return calls seeking their comments for this story. They also did not reply text messages sent to them.

Sensitization of Communities

The ICPC report however, called for a robust sensitization of the local communities on the concept, funding and implementation of Zonal Intervention Projects (ZIP). This, it said would enable citizens to track projects and follow the money thereby reducing incidences of corruption in the implementation processes.

Also, the ICPC urged the federal government to oversee the mopping up of unutilised Zonal Intervention Projects releases into the national treasury account at the end of the financial year, like it is for regular national budget releases.

“In order to reduce the influence of the sponsoring legislators on the emergence of a preferred bidder and strengthen the bidding process, project sites must be determined and given by legislators before advertisement for, and award of contract so that award letters will be specific and particular about projects locations,” another recommendation read.

In order to stall slow paced projects implementation and the tendency of appropriating for the same project every year under the guise of “ongoing project”, the government was advised not to accept new projects in a particular constituency, if there were existing uncompleted or underfunded projects in that constituency.

COVER

FG Invests $617m in Creative Enterprise Fund

Published

on

Share

By Laide Akinboade, Abuja

Federal Government has invested $617million in Digital Economy and Creative Enterprises as initiative to foster entrepreneurship and innovation in the digital economy and creative industries.

The Special Assistant to the President on Arts, Culture and Creative Economy, Ayo Adeagbo who disclosed this during his address at the African Fashion and Arts Award Business and Mentorship Summit held in Abuja yesterday said the initiative tagged the iDICE fund offered access to start-up capital and resources for the nurturing of talent in Nigeria.

While describing the formation of the Ministry of Arts, Culture and the Creative Economy by the president as a “remarkable investment”, Adeagbo added that the Minister of Arts, Culture and the Creative Economy, Hanatu Musawa should ensure the building of greater pathways for young talent to reach their global potential

“After the inauguration of Mr President, one of the remarkable investments he made into the country was the creation of a ministry to handle the affairs of art, culture and creative economy.

“The ministry, ably led by Hon. Hannatu Musawa has achieved significant strides in less than a year for the benefit of our creatives and the nation as a whole.

“Some pivotal actions taken include the significant $617 million investment in Digital Economy and Creative Enterprises (iDICE), known as the iDICE Fund – an initiative that aims to foster entrepreneurship and innovation in digital technology and creative industries.”

While unveiling the enterprise, the minister made it known that the fund offers access to start-up capital and resources essential for nurturing talent in Nigeria.

The Acting Director of the FCT Department of Arts and Culture, Kayode Aiyegbusi, who also represented the Minister of State for the FCT, Dr Mariya Mahmoud noted the importance of a synergy between the private sector and the government to grow the creative economy, adding that while the government would continue to create the enabling environment, to allow the industry to thrive.

Similarly, the convener of the AFAA, Kingsley Amako, described the creative industry as “the next oil boom”, and encouraged youths to develop their skills, build capacity and learn to produce and market their products, noting that the AFAA provided a platform for their recognition.

Continue Reading

COVER

Reps Query OAGF Over N15bn Payment  to Remita

Published

on

Share

By Ubong Ukpong, Abuja

Public Accounts Committee (PAC) of the House of Representatives yesterday queried the payment of N15 billion to Remita, a payment platform from the Office of the Accountant General for the Federation (OAGF).

The committee accused the Central Bank of Nigeria (CBN) and Commercial Banks of complicity in the sharing of the N150 billion remittance.

Rep.

Bamidele Salam, Chairman PAC made the allegation at the resumed investigative hearing on revenue leakages in Abuja.

Salam said that the payment of N15 billion to Remita from the OAGF from 2016 to 2018 was questionable, adding that the OAGF paid the money without agreement or contract.

He described the payment as illegal. “The money is an illegal payment. There was no budget provision, so where did they source the money from?” the chairman queried.

He said, “The CBN also shared in the money. The money is an illegal payment. There was no budget provision so where did they source the money from?

 “Ordinarily, that whole sum of VAT ought to go to the Federal Inland Revenue Service (FIRS) but what they are doing in this transaction is that they will now add that VAT to the N150.

“They will add it up, and take it to the CBN,” he alleged.

He said, “System Spec and Remita, both collect revenue for the federal government, will share 50 percent, while the banks and the CBN will also have their share.”

He said that by the time the committee finishes its reconciliation, “I am very sure that hundreds of billions of naira will be the VAT component that was not remitted to FIRS.”

According to him, each bank ought to take the money and directly remit it to FIRS.

“Now Remita is saying that those collecting should calculate the money that has been shared. How do we track this kind of money?” he asked.

The PAC chairman warned the Chairman, Federal Inland Revenue (FIRS), Mr Zacch Adedeji against disregard for the committee, stressing that Adedeji’s actions amounted to contempt of parliament.

Salam said that for four times the committee invited the FIRS chairman but he failed to show up.

According to him, “In addition to writing him officially, we have also made sure that such letters were delivered personally to his mail box and his WhatsApp number.

“And we condemn and describe it as irresponsible and arrogant, and we tell him that there will be consequences if he continues this contempt of parliament.”

He said that several letters had been written him without responses, adding that the Value Added Tax (VAT) that the federal government should be collecting on Remitta had not been collected by FIRS.

The Director of Banking Services of the CBN, Mr Ahmed Abdullahi said they deemed it fit to source for an alternative way of remitting revenue and Remita and System Spec were selected because they had been rendering similar services to banks.

According to him, Remita was engaged in 2011 and operations commenced in 2012 with system module names. The CBN only finalised the transaction

He said that the fees charged under the TSA were in line with the structure of banking. The volume of revenue collection that passed through Remita was N86 million.

Mr. Oyewole Adewale, Chief Accountant, TSA Department, representing the Accountant General for the Federation, accused the CBN of not honoring its letters to reconcile the revenue accrued to the country through TSA.

He said the OAGF had developed a system where all revenue generated by the Ministries of Departments and Agencies of Government (MDAs) could now be monitored without any interference.

Mr Aderemi Atanda, the Director of Remita Payment Services Ltd., while reading the summary of the TSA collection record, said that 10, 20, and 50 percent were shared among CBN, commercial banks, and Remitta.

He said that collections are not static, they vary.

“From 2015 to 2016, it was N4.2 million, and the fee paid was N8.5 billion; in 2016, N1.3 billion was paid.”

Continue Reading

COVER

Tinubu Makes Numerous Promises at Slain Soldiers Burial

Published

on

Share

President Bola Tinubu has directed the military to within the next 90 days ensure that all the benefits of the 17 officers and men of the army killed in Okuama on March 14 be paid to their families.

Tinubu said that government would provide a house in any part of the country to each of the families of the four officers and 13 soldiers.

He said that all the children of the deceased would enjoy a Federal Government scholarship up to University level.

He described the officers and soldiers as patriotic, brave and gallant Nigerians.

The president said that the deceased gave their lives to defend and protect the Nation against internal and external threats.

At the burial ceremony of the officers and soldiers on Wednesday in Abuja, Tinubu said that their death serves as a rallying point for Nigerians to condemn crime and criminality.

“They went as peacemakers and peacekeepers, seeking to bring an end to the hostilities between the two communities.“They didn’t go with tanks, machine guns and other weapons. They were on a mission of peace.“The officers and soldiers who lost their lives that day were patriots, brave and noble men who gave their lives to defend and protect our nation against internal and external threats,” he said.The 17 military personnel killed included Lt.-Col. Ali, Maj. D.E Obi, Maj. S.D. Ashafa, Capt. U. Zakari, Staff Sgt. Yahaya Saidu, Corporal Danbaba Yahaya, Corporal Kabir Bashir, Lance Corporal Abdullahi Ibrahim, Lance Corporal Bulus Haruna, Lance Corporal Sole Opeyemi, and Lance Corporal Bello Anas.The rest were Private Alhaji Isah, Private Clement Francis, Private Abubakar Ali, Private Adamu Ibrahim, Private Hamman Peter, and Private Ibrahim Adamu.Tinubu said that the deceased have all been awarded posthumous national honours.“The four gallant Officers have been awarded Member of the Order of Niger (MON). And the 13 courageous soldiers who also lost their lives have been Awarded Officer of the Federal Republic Medals.“As Commander-In-Chief, I do not take the contributions of members of our Armed Forces for granted. I recognise your valour and bravery.

“I honour your unflinching commitment to making our country safe from criminals, bandits, kidnappers and insurrectionists.”The President urged the officers and men of the military not to be deterred by these setbacks and be prepared to continue to work for peace and harmony.Tinubu also called on Nigerians to rededicate themselves to rebuilding communities and making them places where love, tolerance and harmony reigns.“Leaders at all levels, especially community leaders and traditional rulers, must work to strengthen the bonds that unite us. We must end the cycle of violence and bloodletting.“I want to make it clear, once more, that those who committed this heinous crime will not go unpunished. We will find them and our departed heroes will get justice.“The elders and chiefs of Okuoma also have a duty to help the military in fishing out the gunmen who committed the barbaric crime against our men.”The president commended the Armed Forces for their restraint in choosing not to carry out any reprisal attacks in Okuoma or its neighbouring communities.“We must all ensure that the innocent people of Okuoma are not made to bear the punishment of the guilty and wicked among them.”

On his part, the Chief of Army Staff (COAS), Lt.-Gen. Taoreed Lagbaja, said the officers and soldiers of the Nigerian Army who were gruesomely murdered in Okuama Community in Delta on March 14, left behind 10 widows three of whom are pregnant and 21 orphans.Lagbaja made this known at the burial of the 17 personnel comprising one Lieutenant Colonel, two Majors, one Captain and 13 soldiers, on Wednesday at the National Cemetery in Abuja.According to him, the Okuama killing has added to the care of the Nigerian army and, by extension, the Nigeria state, 10 widows, three of whom are four, five, and eight months pregnant, 21 orphans, and many other dependents, including parents.“While commiserating with the families of these gallant soldiers, I assure them that the Nigerian army and the good people of this country will not leave them in the cold.“We shall do all within our power to provide succour to them and preserve the memories of their departed loved ones,” he said.Lagbaja said he considered his toughest job to be putting fine men and women in harm’s way, sometimes knowing that they might not return to their families and loved ones.He added that his men, correspondingly and intriguingly, know that in spite of the equipment, training, and other forms of preparations, sometimes some may not make it back alive, while some may return handicapped.According to him, “when soldiers die in the hands of the enemies of the State, we take it as dying for what the nation has considered a just cause; we celebrate them as gallant heroes.“But when they are gruesomely murdered by the very people they are trained, equipped, and took an oath to protect, it is highly demoralizing.“It is no longer news that 17 of the Nigerian Army’s finest men, whom we have come to bury, were murdered in a reprehensible manner on March 14 in the Okuama community of Delta State while they went on a legitimate peace-making mission.

“It grieves my heart that it took our search and recovery effort over 72 hours to recover some vital organs of the decapitated and disembowell bodies of my men that were scattered all over the Okuama community by the community youths and their friends.“I consider it the most barbaric act any citizen or community can commit against the authority of the state, and I must place on record that a lot of restraints have been exercised so far in our search and recovery efforts for missing arms, ammunition, other equipment, and body parts.“I assure the President and all Nigerians that the Nigerian Army remains committed to its constitutional responsibilities and will not be deterred by setbacks such as witnessed in the Okuama community.“As tasked by the President and Commander-In-Chief of our Armed Forces, the Nigerian Army, with the assistance of its sister services and other security agencies, is committed to bringing the perpetrators of the Okuama murder to book and recover all service and personal belongings taken from the murdered troops.“The Nigerian Army will continue to seek the cooperation of all well-meaning Nigerians, particularly in the affected area, towards swift and successful conduct of our search and recovery operations,” he said.The Chief of Defence Staff (CDS), Gen. Christopher Musa, said the fallen heroes exemplified the very best of service to nation and love for country.Musa said they were the vanguards of peace, the guardians of freedom, and the sentinels of security, adding that their selflessness and unwavering dedication to duty would forever be etched in their hearts and memories.He assured the families of the deceased officers of the support of the nation and the armed forces in every way possible, urging them to find solace in the knowledge that their loved ones made an indelible mark on the nation’s history.The defence chief said the military would honour their memory by continuing the fight against those who sought to undermine the peace and security of the nation.

“We will remain steadfast in our resolve to build a nation worthy of your sacrifice.“The loss we feel today is immeasurable, but we must not allow it to dim the light of hope within us.“Instead, let us use this moment as a rallying cry to come together as a nation, to support our armed forces, and to work tirelessly towards a Nigeria free from the grip of violence and insecurity.“We owe it to these fallen heroes to honour their memory by redoubling our efforts to create a safer and more prosperous nation for all.“Let us build a nation where every citizen can live without fear, where communities can thrive, and where our children can grow up knowing the true meaning of security and stability.“To the men and women who continue to serve in the armed forces, I want to express my deepest gratitude for your dedication to duty.“Your commitment to defending our nation, even in the face of great peril, is truly commendable,” he said.Speaker, House of Representatives, Tajudeen Abbas, Deputy Senate President, Jibrin Barau, Secretary to the Government of the Federation, George Akume, and governors of Delta, Bayelsa, Kano, Kogi and Imo states amongst others attended the burial ceremony.

Continue Reading

Read Our ePaper

Top Stories

NEWS4 hours ago

Board Sanctions 118 Immigration, Civil Defence Officers

ShareThe Board of NSCDC, Fire Service, Correctional, and Immigration Service, has approved the sanction of 118 personnel for various offences....

NEWS4 hours ago

NSCDC Inaugurates Female Strike Force to Secure FCT Schools

Share The FCT Commandant of Nigeria Security and Civil Defence Corps (NSCDC), Mr Olusola Odumosu, has inaugurated the corps Female...

NEWS4 hours ago

Tinubu Appoints Bello as new Chairman of CCB

Share President Bola Tinubu has appointed Dr Abdullahi Usman Bello as the new Chairman of the Code of Conduct Bureau...

NEWS4 hours ago

170 Incidents of Electrical Installation Vandalism Reported in 2 years in S/East – EEDC

Share The Enugu Electricity Distribution Company (EEDC), says at least 170 incidents of electrical installation vandalism were reported within two...

NEWS5 hours ago

Diri Tasks New SSG on Performance

ShareFrom Mike Tayese, YenagoaGovernor Douye Diri of Bayelsa State, has charged the newly appointed Secretary to the State Government (SSG),...

NEWS5 hours ago

Ogah tasks CAN chair, Nwokolo to account for N100m given by Nwifuru

ShareFrom Godwin Okeh, AbakalikiThe Factional chairman of the Christian Association of NIgeria CAN, Ebonyi state chapter, Alloy Ogah has urged...

NEWS5 hours ago

Adamawa Poly Admits 180 Non-Formal Students For Skill Qualifications Certificate

ShareBy Yagana Ali, YolaThe Adamawa State Polytechnic, Yola have admitted about 180 trainees from the informal sector into various skills...

OPINION5 hours ago

Politics as the Fourth Factor of Production

ShareBy Majeed Dahiru The advent of the industrial revolution in the 18th century in the United Kingdom, continental Europe and...

NEWS5 hours ago

Projects: Wike Thanks Tinubu for the Opportunity to Serve

ShareBy Laide Akinboade, AbujaThe Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, on Thursday commended  President Bola Tinubu...

NEWS5 hours ago

30,000 Tertiary, Primary /Secondary Students Benefit From Ogun Educash Scheme

ShareFrom Kunle Idowu, AbeokutaSo far, no fewer than twenty thousand Ogun State  students in tertiary institutions across the country have...

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc