Monday, 12 January 2015

Fashola Says FG Cannot Account For Oil Money

Lagos-State-Governor-Babatunde-Fashola-360x225
Lagos State Governor Babatunde Fashola has accused
the Federal Government of mismanagement of the
country’s oil revenue account.
Fashola spoke at the commissioning of the 8.5km
Amedokhian-Ugboha Road in Benin City, Edo State,
where he lamented that the FG could not account for
missing oil revenue.
“We have a national government that is unable to
account for money from crude oil that they did not
extract. Foreigners are the ones extracting it for them.
The price is fixed internationally, the quantity is known,
just to add up and tally. They say it is $20 billion that is
missing, some say $10 billion. Should one dollar be
missing in any responsible government? So, that is why
corruption and accountability remain an issue in the next
election.
“If a government at the state level that collects one over
96 percent, because what the state gets is what the 36
states and Abuja share, nine percent of the total
revenue. And they can do this kind of road and all the
red roofs that I have seen, imagine what will happen if
you have a president and vice president that cares,”
Fashola said.
Also speaking, Governor Adams Oshiomhole stressed
the need for the people to vote for the All Progressives
Congress (APC) at all levels as he claimed that the PDP
has failed to provide the basic facilities for the people.
“I need you to connect with this election. There are no
miracles in development. It is about planning, it is about
commitment and honesty. It is about judicious
application of resources. PDP’s only resolve is to steal.
After 16 years of PDP, Nigerians have no water, no light,
they are still using generators. In the name of
privatization they handed over electricity in Edo to their
friends. They are collecting money from you without
providing light.
“The elections are around the corner and we must elect
the House of Assembly that will support the
appropriation of funds to continue with any of the jobs
that we will not be able to do .That is why the coming
election is very important,” Oshiomole said.
culled from informationng.com

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