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| Dr. Ngozi Okonjo Iweala, Nigeria’s above abbot of accounts said on Tuesday night that the $2 billion she was declared to accept aloof from Excess Crude Account afterwards authorisation was acclimated to pay for ammunition subsidy on the apprenticeship of above President Goodluck Jonathan. |
She about said the affair was discussed at the Federation Accounts Allocation Board (FAAC), a accustomed physique which is chaired by the Abbot of Accompaniment for Accounts in which all the states are represented.
The above Abbot about said FAAC did not accept the withdrawal.
It will be recalled that Nigerian accompaniment governors had afterwards the commencement of the National Economic Council about two weeks ago accused Okonjo-Iweala of spending $2 billion from the ECA, a basin of funds which belonged to the three tiers of government.
Adams Oshiomole, the governor of Edo accompaniment told journalists that there has been a burning in the funds from $4.1 billion as at November 2014 to $2.1 billion, even if there was no authorisation for any abandonment from the funds accepted to accompaniment arch executives.
The governors had after set up a board fabricated up of four of their associates to investigate the withdrawals.
“Payments fabricated were acclimated for paying for petroleum subsidies for the Nigerian humans and were accustomed by Mr President,” Iweala said in a account issued by Paul Nwaibuikwu, her media assistant.
“Therefore there is no catechism of mismanaging any assets here,” she added
Okonjo-Iweala aswell said FAAC did not accept such expenditures, but “that all these expenditures were discussed at FAAC affairs abounding by Accounts Commissioners from the 36 states.”
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