But the peaceful rally was disrupted by thugs who attacked the protesters at Igbonna market, along Obafemi Awolowo way.
The thugs who attacked the protesters with several types of weapons, a situation which forced many of them to scamper for safety. In the process, several people particularly members on the Nigerian Union of Pensioners were brutally attacked and beaten up by the thugs.
The rally had kicked off at Ayetoro junction of the state capital and was billed to be led through Igbonna, Olonkoro, Ajegunle, Old-Garage, Ile-Epo Olaiya, Fakunle, Ogo-Oluwa, Onward area and to the State House of Assembly’s complex at Abere.
The protesters carried placards with different inscriptions such as “Slava/Osinbajo returns our money”, “Aregbesola: Stop receiving N500m monthly as security votes”, “Osun Assembly: Treat Justice Folahanmi’s petition”, “Our demand is that Aregbesola must go”, “Treat the petition not the petitioner”, “Aregbesola has destroyed Osun State” and so on.
AAC faults
Okonjo-Iweala, denies approving $2billion withdrawal from ECA
By Nini Kuti on July 8, 2015 @ 6:16 am
okj
Click here for Nigeria's Largest Newspaper Directory
The Federation Account Allocation Committee on Tuesday faulted comments
credited to a former Minister of Finance, Dr. Ngozi Okonjo-Iweala, that
it approved the withdrawal of $2bn from the Excess Crude Account.
The committee, in a statement issued on its behalf by Forum of Finance
Commissioners in Abuja, stated that the law setting it up did not give
it the power to approve withdrawals from the ECA.
It will be recalled that Okonjo-Iweala had while responding to
allegations made by state governors that she made withdrawals from the
ECA without authorisation, said issues relating to expenditure were
usually discussed at FAAC meetings attended by finance commissioners of
the 36 states of the federation.
In a statement issued by her spokesperson, Paul Nwabuikwu, Okonjo-Iweala
had said, “The allegation by some governors that former Minister of
Finance, Dr. Ngozi Okonjo-Iweala, spent $2.1bn out of the Excess Crude
Account ‘without authorisation’ is false, malicious and totally without
foundation.
“It is curious that in their desperation to use the esteemed National
Economic Council for political and personal vendetta, the persons behind
these allegations acted as if the constitutionally recognised FAAC, a
potent expression of Nigeria’s fiscal federalism, does not exist.
“But Nigerians know that collective revenues, allocations and
expenditures of the three tiers of government are the concern of the
monthly FAAC meetings.”
But reacting to the ex-minister’s comments, the committee said in its
statement that Okonjo-Iweala’s expalnation “is far from the fact and is
misleading.”
It added, “It has come to our notice the statement credited to the
former Coordinating Minister of the Economy and Minister of Finance, Dr.
Ngozi Okonjo-Iweala, that the Federation Account Allocation Committee
approved the withdrawal from Excess Crude (Foreign) Account the sum of
$2bn. This statement is far from the fact and is misleading.
“We wish to state unequivocally that FAAC does not have the authority to
approve withdrawals from the ECA and, therefore, could not have
approved the withdrawal from the Excess Crude (Foreign) Account the sum
of $2bn.
“According to the law setting up FAAC, which pre-dates the ECA, it
cannot approve withdrawal and has not done so in the past.
“If anything, FAAC, as records of its meetings indicate, had often
queried the activities on the ECA, and, therefore, did not decide any
withdrawal.”
The statement noted that while FAAC had in December 2014 observed the
withdrawal of $2bn from the ECA, the then Minister of State for Finance
and Chairman of FAAC, Bashir Yuguda, had when asked during the plenary
of FAAC meetings of the respective months explained that former
President Goodluck Jonathan gave approval for the withdrawals to pay oil
marketers’ subsidy claims.
Yuguda reportedly stated that the action would be ratified by NEC.
FAAC stated in the statement, “It should be noted, therefore, that FAAC
did not and could not have approved nor taken the decision to withdraw
the sum of $2bn from the ECA.
“We would want to excuse Dr. Ngozi Okonjo Iweala on this
misrepresentation because she was not in attendance during FAAC plenary
and may not have been fully and adequately made abreast of every FAAC
activity.”
However, Okonjo-Iweala, while reacting to the finance commissioners’
statement by her media aide on Tuesday, said the approval for the
withdrawal of the funds was given by former President Goodluck Jonathan.
She said, “Payments made were used for petroleum subsidies for the
Nigerian people and were approved by Mr. President. Therefore, there is
no question of mismanaging any resources here.
“For the avoidance of doubt, at no time did Dr. Okonjo-Iweala say that
FAAC approved such expenditures. What she said was that all these
expenditures were discussed at FAAC meetings attended by finance
commissioners from the 36 states.
“It is, therefore, clear that there was no misrepresentation by Dr.
Okonjo-Iweala.
“The question before us is: why is there such an excessive attempt to
batter her name in an attempt to damage her reputation? It is clear, as I
said in my previous statement, that the motive is malicious and very
political, and, therefore, will not succeed.
“If monies were used to pay for subsidies for the Nigerian people and
duly approved, why is Okonjo-Iweala’s name being battered in this way?
This persecution should stop.”
Read full story here: http://www.today.ng/news/faac-faults-okonjo-iweala-denies-approving-2billion-withdrawal-from-eca/
Read full story here: http://www.today.ng/news/faac-faults-okonjo-iweala-denies-approving-2billion-withdrawal-from-eca/
FAAC faults
Okonjo-Iweala, denies approving $2billion withdrawal from ECA
By Nini Kuti on July 8, 2015 @ 6:16 am
okj
Click here for Nigeria's Largest Newspaper Directory
The Federation Account Allocation Committee on Tuesday faulted comments
credited to a former Minister of Finance, Dr. Ngozi Okonjo-Iweala, that
it approved the withdrawal of $2bn from the Excess Crude Account.
The committee, in a statement issued on its behalf by Forum of Finance
Commissioners in Abuja, stated that the law setting it up did not give
it the power to approve withdrawals from the ECA.
It will be recalled that Okonjo-Iweala had while responding to
allegations made by state governors that she made withdrawals from the
ECA without authorisation, said issues relating to expenditure were
usually discussed at FAAC meetings attended by finance commissioners of
the 36 states of the federation.
In a statement issued by her spokesperson, Paul Nwabuikwu, Okonjo-Iweala
had said, “The allegation by some governors that former Minister of
Finance, Dr. Ngozi Okonjo-Iweala, spent $2.1bn out of the Excess Crude
Account ‘without authorisation’ is false, malicious and totally without
foundation.
“It is curious that in their desperation to use the esteemed National
Economic Council for political and personal vendetta, the persons behind
these allegations acted as if the constitutionally recognised FAAC, a
potent expression of Nigeria’s fiscal federalism, does not exist.
“But Nigerians know that collective revenues, allocations and
expenditures of the three tiers of government are the concern of the
monthly FAAC meetings.”
But reacting to the ex-minister’s comments, the committee said in its
statement that Okonjo-Iweala’s expalnation “is far from the fact and is
misleading.”
It added, “It has come to our notice the statement credited to the
former Coordinating Minister of the Economy and Minister of Finance, Dr.
Ngozi Okonjo-Iweala, that the Federation Account Allocation Committee
approved the withdrawal from Excess Crude (Foreign) Account the sum of
$2bn. This statement is far from the fact and is misleading.
“We wish to state unequivocally that FAAC does not have the authority to
approve withdrawals from the ECA and, therefore, could not have
approved the withdrawal from the Excess Crude (Foreign) Account the sum
of $2bn.
“According to the law setting up FAAC, which pre-dates the ECA, it
cannot approve withdrawal and has not done so in the past.
“If anything, FAAC, as records of its meetings indicate, had often
queried the activities on the ECA, and, therefore, did not decide any
withdrawal.”
The statement noted that while FAAC had in December 2014 observed the
withdrawal of $2bn from the ECA, the then Minister of State for Finance
and Chairman of FAAC, Bashir Yuguda, had when asked during the plenary
of FAAC meetings of the respective months explained that former
President Goodluck Jonathan gave approval for the withdrawals to pay oil
marketers’ subsidy claims.
Yuguda reportedly stated that the action would be ratified by NEC.
FAAC stated in the statement, “It should be noted, therefore, that FAAC
did not and could not have approved nor taken the decision to withdraw
the sum of $2bn from the ECA.
“We would want to excuse Dr. Ngozi Okonjo Iweala on this
misrepresentation because she was not in attendance during FAAC plenary
and may not have been fully and adequately made abreast of every FAAC
activity.”
However, Okonjo-Iweala, while reacting to the finance commissioners’
statement by her media aide on Tuesday, said the approval for the
withdrawal of the funds was given by former President Goodluck Jonathan.
She said, “Payments made were used for petroleum subsidies for the
Nigerian people and were approved by Mr. President. Therefore, there is
no question of mismanaging any resources here.
“For the avoidance of doubt, at no time did Dr. Okonjo-Iweala say that
FAAC approved such expenditures. What she said was that all these
expenditures were discussed at FAAC meetings attended by finance
commissioners from the 36 states.
“It is, therefore, clear that there was no misrepresentation by Dr.
Okonjo-Iweala.
“The question before us is: why is there such an excessive attempt to
batter her name in an attempt to damage her reputation? It is clear, as I
said in my previous statement, that the motive is malicious and very
political, and, therefore, will not succeed.
“If monies were used to pay for subsidies for the Nigerian people and
duly approved, why is Okonjo-Iweala’s name being battered in this way?
This persecution should stop.”
Read full story here: http://www.today.ng/news/faac-faults-okonjo-iweala-denies-approving-2billion-withdrawal-from-eca/
Read full story here: http://www.today.ng/news/faac-faults-okonjo-iweala-denies-approving-2billion-withdrawal-from-eca/
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