Oshiomhole Slams GEJ, Okonjo-Iweala For Denying Edo N10B

Governor Adams Oshiomhole of Edo state
has attacked former president Goodluck
Jonathan and his Minister of Finance,
Ngozi Okonjo-Iweala for denying his state
about N10billion in four years.

The governor made this statement while
addressing journalists after a closed door
meeting with President Muhammadu Buhari
and former governor of Rivers state, Rotimi
Amaechi in Aso rock.
According to Oshiomhole, the alleged sum
was an estimate of what could have been
allocated to his state if the past
administration had been faithful in
forwarding taxes paid by the Nigerian
Liquefied Natural Gas Company (NLNG) and
Shell Petroleum Development Company of
Nigeria into the Consolidated Federation
Account the same way the present
administration did, The Punch reports.
He however expressed happiness that
President Buhari has made it clear that he
would put an end to impunity and ensure
transparency and order.
He said: “All the noise that have been
generated over what happened last week,
there was nothing extraordinary. What was
extraordinary is that the NLNG has over the
years been remitting funds to the Federal
Government but the government illegally
refused to transfer these funds to the
consolidated revenue fund which belongs to
the three tiers of government.
“All that President Buhari was, in line with
his commitments to ensuring that all funds
and monies accruing to the Federation
Account are so remitted, that he has
directed the CBN to transfer the funds to the
consolidated funds.
“Our commissioners along with federal
officials met last week to share those funds
in line with the revenue allocation formula.
If this money had come under the last
President, it would have gone the same way
as in previous years.
“The NLNG is not starting fresh to remit. It
has been doing that every year plus taxes
paid by, I think Shell, amounting to about
$500 million added to the amount of $1.6
billion from NLNG that total to the amount
of $2.1 billion. That was the money that was
“Imagine what Edo State got from this
renewed transparency and total compliance
to the spirit and letter of the constitution in
section 80. If what we got last week,
courtesy of this renewed commitment to
transparency, if we had gotten this in the
past four years consecutively, we would have
made about N10 billion.
“So, by the same token, Edo State
government had lost N10 billion under
President Goodluck Jonathan and under
Ngozi Okonjo-Iweala. And this is the point
we have been making when analysts just talk
about states, states, they do not really probe
the specifics and because the federal voice is
always louder and people make assumptions
that certain people are not likely to do
certain things, the truth is that so much was
not paid to the federation account and that
explains the huge gap.”
Recall that the National Economic Council
had accused Ngozi Okonjo-Iweala of
spending $2.1bn from the Excess Crude
Account (ECA) without authorisation.
But according to the ex-minister, the $2
billion she was alleged to have withdrawn
from the ECA without authorisation was used
to pay for fuel subsidy under instructions
from former president Goodluck Jonathan