Groups demand immediate resignation from Okonjo-Iweala’s over N2.7bn subsidy fraud

// Latest Addition | Groups demand immediate resignation from Okonjo-Iweala’s over N2.7bn subsidy fraud
Email to a friend Plain text Print version // Font size: Decrease font Enlarge font

Over 500 placard-carrying protesters on Wednesday in Abuja stormed the Federal Ministry of Finance and demanded the immediate resignation of the Minister of Finance, Dr. Ngozi Okonjo-Iweala.

They called for the minister’s sacking for what they described as unfavourable economic policies of the current administration and an alleged fraudulent payment of N2. 7bn to a firm which was allegedly not registered with the Corporate Affairs Commission.

They specifically accused the minister of allegedly paying “the fictitious company” N2.7bn subsidy claim.

The groups also alleged that the minister breached the Appropriation law by her failure to release funds for the implementation of capital project, a situation they said had led to less than 50 per cent budget implementation.

The protest by a whistle-blowing organisation, Anti-Corruption Network and the Alhaji Balarabe Musa-led Conference of Nigerian Political Parties coincided with the time the minister was attending the Federal Executive Council meeting.

Some of the placards carried by the protesters read, ‘Economic policies would kill us’, ‘Ngozi Okojo-Iweala is an imperialist agent’, ‘Ngozi Okojo-Iweala must go,” “Ngozi Okonjo Iweala is our major problem’, ‘You can’t be saving money when Nigerians are suffering’, among others.

But in his response, the Permanent Secretary in the ministry,  Mr. Danladi Kifasi, urged the groups to put their allegation in writing for  onward delivery to the minister whom he said was at the FEC meeting at the time of the protest.

He however absolved the ministry of any wrongdoing.

Executive Secretray of ACN and former member of the House of Representatives, Mr. Dino Melaye, alleged that the group’s finding had revealed that a firm received payment of N2.7bn from the ministry without registration with the CAC.

He said, “The minister must tell Nigerians who are actual owners of Pinnacle as it is  not known to Nigerian law, it is a made-in Taiwan company.

“We are demanding the immediate resignation or sacking of Madam Ngozi Okonjo-Iweala. I want to educate Nigerians that the minister of finance and the Coordinating Minister of the economy released a list of 25 companies after the submission of report by the Aig –Imoukhuede-led presidential committee on fuel subsidy claims. Number 22 on the list of the companies is Pinnacle Construction Nigeria Limited. Pinnacle got N2.7bn tax payers money.

“An investigation conducted by the Anti-Corruption Network at the CAC revealed that the company is not registered with the commission. We are here to ask who approve the payment, who authorise the payment of the money and the minister must tell Nigerians who are the actual owners of the company?”

Secretary-General of CNPP, Chief Willy Ezugwu, condemned the alleged corruption going on in the ministry and said, “It is either we live as a country or we seize to exist.”

The Director of Outreach Services of the anti-graft group, Mr. Timi Frank, said it was unfortunate for the finance minister to be involved in frivolous payments, wondering why she was not veting documents as required of her.

In her reaction, Okonjo-Iweala on Wednesday said the demonstration, led byMelaye was sponsored by “indicted oil barons.”

In a statement by her Senior Special Assistant (Communications), Mr Paul Nwabuikwu, the minister described the protest as a deliberate attempt to force her out of office.

She said her resolve to ensure prudent management of the country’s resources would not make her abandon her responsibilities to Nigerians.

The statement read, “Earlier today (Wednesday), a disreputable former member of the House of Representatives, Mr Dino Melaye, brought a handful of demonstrators to the Federal Ministry of Finance who conducted themselves in an unruly manner.

“We have it on good authority that Mr Melaye’s group was sponsored by some of the indicted oil barons who are currently being investigated and prosecuted for subsidy fraud.

“Their allegation of wrong subsidy payments made by the ministry is a mere ruse to conceal their true motives. It is important to note that the Federal Ministry of Finance does not pay any contractors directly. The relevant ministries do.

“So this allegation by Mr Melaye and his group is completely wrong and without foundation.”

She added, “The Melaye demonstration was ostensibly to call for the resignation of the Coordinating Minister for the Economy and Minister of Finance who is well known for fighting the fraudulent oil barons whose names were published by the Federal Ministry of Finance for various breaches of the subsidy regime.”

Tagged : Ngozi Okonjo Iweala, Fuel Subsidy, Fuel Subsidy Fraud, Minister of Finance

Headlines Newsview all

Asari Dokubo Slams President Jonathan’s Comments On Buhari

The Leader of Niger-Delta Peoples Volunteers Force, Alhaji Mujahid Dokubo-Asari, on Tuesday slammed President Goodluck Jonathan over his comment that Nigeria would have boiled if ...

Chibok girls’ parents, community leaders clash over Jonathan's N100m largesse

Controversy has erupted between parents of the kidnapped girls and leaders of the Chibok community in Abuja over an alleged N100m largesse given by President ...

Oby Ezekwesili: Female suicide bombers may be Chibok girls

Former minister and one of the leaders of the #BringBackOurGirls, Dr. Oby Ezekwesili, has raised an alarm on the increasing use of teenage girls as ...

Mallam Nasir El-Rufai loses son in Abuja road crash

Tragedy hit the home of the former Minister of the Federal Capital Territory, Mallam Nasir El-Rufai, in the early morning of Tuesday when his son, ...

Blessing Okagbare Wins 100 Metres Gold At Glasgow Commonwealth Games - Video

Blessing Okagbare wins women’s 100 metres gold in 10.85 seconds to increase Team Nigeria’s medals haul at the ongoing Commonwealth Games in Glasgow. Okagbare also erased ...

Bomb Blast Rocks Kano Again, Many Feared Dead

Another explosion hit Kano, coming just 24 hours after the state suffered three bomb explosions in different locations. Today’s blast took place at the NNPC ...

Asari Dokubo: "Bomb attack on former Military Head of State was planned by Buhari himself"

This might look weird, but the former militant leader, Dokubo-Asari has alleged that the bomb attack on former Military Head of State was planned by ...

Kano State Catholic Church Bomb Blast Kills 6, Injures 13

2 Bombs went off in northern Nigeria’s main city of Kano, killing 6 people and wounded 13 others on Sunday, a senior police officer said. The ...

19 Yrs Old Ghanaian Girl Commits Suicide After S3x Tape Leaks - Video

The Ghanaian Girl who Became Famous After a video of her and her boyfriend Making Love Hit The internet Allegedly Committed Suicide, Benadicta Yeboah who ... Full story

Nigerian army arrest bomber disguised as woman in Kaduna

The Nigerian Army has apprehended a suspected insurgent in relation with the twin bomb blast that rocked Kaduna on Wednesday. The twin-bomb attacks which resulted in ... Full story

Nigerian man sentenced to death for failing to bribe policeman with N200

A shaft of pain knifed through his facial contours as he recounted the grisly experiences he had in prison for more than 23 years. Prior to ...

Comment on: Groups demand immediate resignation from Okonjo-Iweala’s over N2.7bn subsidy fraud

Rate this article

0

Featured author

Mandy Heuman

Breaking News

Pastor Ashimolowo's Son, Tomi Marries in Grand Style (Pictures)

Recently, son of Pastor Matthew Ashimolowo of the Kingsway International Christian Centre (KICC), Tomi Michael, got married to his sweetheart, Jeneba Kamara. The event held ...

I Once Raised $50,000 For My Daughter’s Treatment Without Begging—OJB Jezreel

Nigerian Music producer, OJB Jezreel, has explained that people who talked ill about him do not know how it feels to be down with kidney ...

I’m Not Jealous Of Anyone In Nollywood—Mosun Filani

Nollywood actress, Mosun Filani, has expressed gratitude to God for making her remain relevant in the movie industry considering the challenges.According to the actress, it ...

Ebola Scare Forces Jim Iyke Out Of Liberia

Disease of the moment, Ebola, is definitely making many people be on their toes. Almost everyone is talking about it and various governments in the ...

MC Danni B Advises Comedians

MC Danni B Emerging comic star, MC Danny B, formerly known as MC Baba D, has disclosed to Nigeriafilms.com that he likes the growth being experienced ...

Young Artistes Are Only After Ladies, Not Good Music—Ras Kimono

Veteran reggae artiste, Ras kimono, has lashed out on up and coming artistes over their poor attitude towards building a strong career for themselves in ...

Wizkid And Davido Engage in war of words on Twitter

Two of Nigeria’s biggest artists Davido and Wizkid don’t seem to like each other. If the subtweets The problem started when Wizkid tweeted a message ...

Yoruba Actress, Omotunde Ogundimu Critically Ill, Needs Financial Help

Popular Yoruba actress, Omotunde Ogundimu, who has been off the movie scene for a while now, is presently battling with fibroid. The mother of three ...

K1 Plans Big For ‘K1 LIFE UNUSUAL’ In November, Sets For World Music Tour

Fuji maestro, Wasiu Ayinde Marshal, better known as K1 De Ultimate, has concluded plans to embark on a world music tour. The Fuji king will ...

I Don’t Mess Around Because I Have A Husband—Shan George

Iconic Nollywood actress, Shan George has exclusively disclosed to Nigeriafilms.com that she is currently with a man she calls her husband and not messing around ...