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The Senate President
@SPNigeria
, 9 tweets, 7 min read Read on Twitter
#Thread

The @SPNigeria @BukolaSaraki's comments on the Under-Remittance of #IGR by revenue generating agencies.
#1. The @SPNigeria @BukolaSaraki on abiding to the Fiscal Responsibility Act of Nigeria.
#2. The @SPNigeria @BukolaSaraki's comments on the magnitude of some agencies budgets.
#3. The @SPNigeria @BukolaSaraki's comments on how the @NGRSenate investigation will help plug future loopholes in under-remittance
#4. The @SPNigeria @BukolaSaraki's comments on the laws that need to be amended.
#5. The @SPNigeria @BukolaSaraki on the legal and accounting issues of the investigation.
#6. The @SPNigeria @BukolaSaraki on the legal and accounting issues of the Investigation.
#7. The @SPNigeria @BukolaSaraki on the future of the Fiscal Responsibility Commission…
#8. The @SPNigeria @BukolaSaraki on sanctioning revenue generating agencies for non-compliance with the Fiscal Responsibility Act.
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More from @SPNigeria see all

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The Senate President
@SPNigeria
#NASSOnElections: Remarks by the President of the Senate, Dr. Abubakar Bukola Saraki at the Public Hearing on Vote Buying

medium.com/@SPNigeria/nas…
“It is clear that we cannot afford to conduct an election that will not be credible, peaceful, free and fair…” -President of the @NGRSenate, Dr. Abubakar @BukolaSaraki at the #NASSOnElections Public Hearing
“All stakeholders should demonstrate the fact that a credible and transparent election is far better and more important than who wins that election.” -The @SPNigeria, Dr. Abubakar @BukolaSaraki at the #NASSOnElections Public Hearing
Read 4 tweets
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The Senate President
@SPNigeria
#Thread: Yesterday, the @SPNigeria @BukolaSaraki met with the UN Secretary-General’s Special Representative for West Africa and Sahel, Mr Muhammad Ibn Chambas.
The meeting centered around:
-The @NGRSenate’s work in the N/East and IDPs;
-The UN’s interest in the devolution of powers agitations in parts of the nation;
-Nigeria’s preparedness for the 2019 elections;
-The #GEOBill;
-Migration; and
-Repatriation of Nigeria’s money abroad.
“The UN stands with Nigeria as the process of preparation for elections commences.” -UN Secretary-General’s Special Representative’s comment to @SPNigeria @BukolaSaraki
Read 12 tweets

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SBM Intelligence
@sbmintelligence
1/ #Nigeria's judiciary is under the spotlight yet again, for decidedly unsavoury reasons.
2/ Barring any drastic change of plans, the CJN, Honourable Justice Walter #Onnoghen will be arraigned by @CCBNigeria this morning on 6 counts of alleged false asset declarations.
3/ The charge, based on a petition to @CCBNigeria by a self-styled anti-corruption group led by @cpcnatpubsec, a former official of @MBuhari’s defunct political party, CPC, alleges that #Onnoghen maintains multiple undeclared foreign-denominated accounts.
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Subomi
@subomiplumptre
NIGERIA IS CHANGING...REALLY??! 🙄 | One of the reasons why I visit developed countries is that I'm fascinated by good. I am captivated by people who value beauty, knowledge and order for their own intrinsic worth. #Thread
Like Aristotle once argued, knowledge can be an end in itself and can provide joy in itself. Developed nations get that. Libraries are not wasted spaces. They exist to both delight and train minds. Museums, galleries and parks are not optional. People fight to preserve them.
When things break down in those countries, the default response is to repair them. Things work because they should work, not because there is always a financial reward. The people have embraced a value system that makes it so.
Read 20 tweets
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TallJohn🌍
@JohnFanimokun
As we are about to finish this year, let us nourish our knowledge about some of the ways @MBuhari's administration has done to tackle corruption in Nigeria since 2015..

Let's take a look....
~ This administration implemented the Treasury Single Account(TSA) which the formal administration launched in 2012, but failed to gain traction until President @MBuhari's executive order in 2015.
the TSA allows the managers of the govt's finances to have a comprehensive overview of cash flow across the entire Government.

As at March 2018,about 1,674 MDAs had enrolled into the TSA, up from 766 in Dec. 2016 and inflow of N8.9T had been recorded from MDAs, as at March 2018.
Read 23 tweets
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Walle Smith
@walesmit
#Nigeria the Budget Office put out 2017 fiscal accounts which showed that FY deficit came in at NGN3.8tr (3.3% of nom GDP) and above the 3% fiscal responsibility act. As usual revenues missed thanks to usual over-optimistic non-oil rev assumptions and higher JV payments
But interestingly, capex spending came in a record NGN1.44tr (1.3% of GDP and around 66% of target) with overall budget execution at 87% suggesting some credibility in implementation despite the costs driven by higher drawdowns by Works, Power and Housing
Debt service/revenues printed at 69% (adjusted for sinking fund payments to retire debt 60%) but up from the 47% in 2016. Overall debt tracked higher due to increasingly more expensive borrowings over the last three years - a derivative of CBN tightening.
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Oluyemi Fasipe 🇳🇬
@YemieFASH
25 Sins President @mBuhari Has Committed Against Nigeria’s Democracy:

THREAD!
It is tempting to say it’s a Dog eat Dog World and move on but this affects us all fundamentally. The APC Presidency has been one of the most oppressive and dictatorial government in Nigeria, despite the fact that we claim to be in a democracy
What’s even worse, is the Presidency’s disregard for parliament which sets a dangerous precedent for the future. Today, our country is a model of “How Democracies Die”.
Read 37 tweets
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BudgIT Nigeria
@BudgITng
THREAD: Here is the review of the performance of the current administration of @NGRPresident @MBuhari. We present few charts to show the economic directions, with recent growth less than 2%.

#DemocracyDay
From June 2015 to December 2017, FG has spent N13.23tn, with only 12% (N1.58tn) going to capital expenditure. Source: CBN
#DemocracyDay
FG has spent more on recurrent expenditure than revenue collected. This is shows that contrary to the Fiscal Responsibility Act, FG is borrowing to fund recurrent expenditure.
#DemocracyDay
Read 14 tweets

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