GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

Breaking : Local Government Workers Petition Buhari, Expose Secret Plot To Deduct Over N100billion

Enudi Golden by Enudi Golden
January 11, 2024
in Featured, Headline, Politics
Reading Time: 3 mins read
How Nigeria Lost Estimated 50 Billion Dollar Over PIB
13
SHARES
Advertisements

Association of Local Government workers of Nigeria has alleged that some firms including Ted Edwards Isegohi, against a court order, are making a “fraudulent claim of $159 million” from the 774 LGA allocations.

GoldenNewsNg gathered that the Association of Local Governments of Nigeria has sent a petition to President Muhammadu Buhari revealing how some firms want to enforce the deductions of more than N115 billion from the allocations meant for the 774 local government areas from the Federal Ministry of Finance, Budget and National Planning.

According to report, the petition was  titled, “Petition Against Fraudulent Attempts by Riok Nigeria Limited To Obtain $143 million or N54.5 billion and by Dr Ted Edwards Isegohi To Obtain $159 million or N60.5 billion from the allocations of all 774 LGAs in Nigeria.”

READ ALSO

ASUU Gears Up for Nationwide Protests, Strike Threat Looms

FG to Begin Forest Guards Recruitment, Up to 5,000 Officers Per State

ALGON alleged that some firms including Ted Edwards Isegohi, against a court order, are making a “fraudulent claim of $159 million” from the 774 LGA allocations.

The firm claimed it worked for Local Government Councils, in getting Refunds of First Line Charge/Paris Club.

In the petition dated March 29, ALGON lamented that some of the worst hit LGAs in the deductions are Ika North Local Government Area, Delta State; Ngor Okpala Local Government Area, Imo State and Lafia Local Government Area Nasarawa State.

The petition explained that the matter dated back to 2014 when a member of ALGON Board entered into a memorandum of understanding (MOU) with another firm, Riok Nigeria Limited, (the company) for the provision of boreholes, among others in all the 774 local government areas and area councils of Nigeria.

Meanwhile, while the company seeks to recover the sum of $143.4 million or N54.5 billion which they alleged to be due under the memorandum, ALGON is claiming that there is no evidence that the company built or even commenced any construction of boreholes in any of the 774 LGAs.

Also, ALGON in the petition explained that Ted Edwards also claimed to have provided legal services in a court suit FHC/ABJ/CS/130/13 and that by virtue of an instruction letter from ALGON, he is entitled to 10 per cent of the judgment payments; which is $318 million.

ALGON, however, disputed that in a ruling delivered on the 27th of June 2016, the Federal High Court castigated Ted Edwards for attempting to smuggle his claim for $318 million into the Garnishee proceedings in the Linas judgment because it said Ted Edwards was never part of those proceedings.

The petition to Buhari partly reads, “Going by the Economic And Financial Crimes Commission Investigation report of August 1, 2018, even if Ted Edwards was lawfully engaged, which from the above, is utterly unlikely, the fact remains that there is no evidence of any work he did to merit the sum he now claims.

“We also gather that Riok Nigeria Limited (RIOK) is on the verge of obtaining from the Federal Ministry of Finance, Budget and National Planning, a massive payment of $143.4 million USD or N54.5billion, for a Borehole drilling contract that Riok has not performed at all. We gather that the payment is to be made via deductions from Local Government Allocations over a period of time.

“Respectfully, Your Excellency, we have tried to uncover Riok Nigeria Limited desperate attempt to fraudulently obtain funds from the Local Governments through the Federal Ministry of Finance Budget and National Planning. The funds Riok Nigeria Limited seeks belong to the Local Government Councils of the Federation. More importantly, Riok Nigeria Limited did not perform its part of the agreement in the MOU.

“Therefore, we must make it abundantly clear that any payment to Ted Edwards Isegohi or RIOK by the Federal Ministry of Finance Budget and National Planning, from Local Governments’ Allocations without the consent or authority of any Local Government Councils will be an illegality and a clear violation of the principle of tier autonomy over government funds enshrined in the Constitution and recognised by the Supreme Court; it could also open a flood gate of claims by Local Governments across the country against the Federal Ministry of Finance and any other Ministry or Agency that facilitates such illegal and fraudulent payment.

“Your Excellency, on behalf of all the Local Government Councils of the Federation, we trust that your noble office will discountenance the unjust claim by Ted Edwards Isegohi and Riok Nigeria Limited and direct the Federal Ministry of Budget and National Planning and the Honourable Attorney General of the Federation to act accordingly.”

Source : Sahara reporters
📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

Family Planning: Group hails Niger govt for allocating Budget line

Next Post

N60billion Printing: PDP Governors Clash With APC Governors, Central Bank Over Obaseki’s Allegation

Related Posts

ASUU Gears Up for Nationwide Protests, Strike Threat Looms

ASUU protests 2025,

Academic activities in Nigeria’s universities may soon be disrupted, as lecturers prepare for nationwide protests across branches. GoldenNewsNg gathered that...

Read moreDetails

FG to Begin Forest Guards Recruitment, Up to 5,000 Officers Per State

Forest Guards Recruitment,

The Federal Government has begun the process of recruiting thousands of forest guards across the country as part of efforts...

Read moreDetails

Tinubu Announces New Subsidy, Gives Other Details

President Tinubu Approves Subsidy on Kidney Dialysis, Slashes Cost to ₦12,000 — See List of Hospitals

President Tinubu Approves Subsidy on Kidney Dialysis, Slashes Cost to ₦12,000 — See List of Hospitals President Bola Tinubu has...

Read moreDetails

₦2m Grant Up for Grabs: Grooming Endowment Trust Calls Nigerian Startups to Apply

Grooming Endowment Trust - GETAccelerate 2025

Grooming Endowment Trust Opens 4th Cohort for Nigerian Startups Small business owners and startup founders in Nigeria have another shot...

Read moreDetails

IBB @84: Don’t relent in your prayers for Nigeria- Gen. Babangida urges Christians, Muslims

  CAN Representatives visit to Gen. IBB ... Says Nigeria’s existence lies in your hands   BY OUR REPORTER NIGERIA’S former...

Read moreDetails

Naira Slips Against Dollar in Both Official and Black Markets — Here’s the Latest Rates

Naira Slips Against Dollar in Both Official and Black Markets

The naira started the new trading week on a weaker note, slipping against the United States dollar in both the...

Read moreDetails

Is NELFUND a Loan or Free Educational Support from FG? Here is the Truth

Is NELFUND a Loan or Free Educational Support from FG

As thousands of Nigerian students begin applying for the Nigerian Education Loan Fund (NELFUND), one key question keeps coming up:...

Read moreDetails

NELFUND Disburses ₦238.9m to Niger Delta University Students

NELFUND Issues New Guidelines on Student Loan Upkeep Disbursement

The Nigerian Education Loan Fund (NELFUND) has released a total of ₦238.91 million to support students of Niger Delta University...

Read moreDetails

Nigerian Senators Earn Enough to Pay 4,700 Professors – Salary Breakdown Revealed

Nigerian Senators Earn Enough to Pay 4,700 Professors

A fresh report has revealed that Nigeria spends about ₦2.354 billion every month on the salaries and office costs of...

Read moreDetails

FG Launches BETA Cash Transfers, Free Technical College Tuition, STEMM Grants (₦22,500 Stipends)

FG Launches BETA Cash Transfers

The Federal Government has unveiled the Basic Education Transformation Agenda (BETA), a wide-ranging reform programme aimed at improving school enrollment,...

Read moreDetails
Load More
Next Post
Popular Speaker Of Dumps APC For PDP

N60billion Printing: PDP Governors Clash With APC Governors, Central Bank Over Obaseki's Allegation

SEARCH ADS

Latest Posts

NELFUND Issues New Guidelines on Student Loan Upkeep Disbursement
Education

NELFUND Issues New Guidelines on Student Loan Upkeep Disbursement

Tinubu Under Pressure to Declare August 21 Public Holiday
News

Tinubu Under Pressure to Declare August 21 Public Holiday — See Why

ASUU protests 2025,
Education

ASUU Gears Up for Nationwide Protests, Strike Threat Looms

Wema Bank Begins Activating YEIDEP Accounts for Applicants
Jobs

Wema Bank Begins Activating YEIDEP Accounts for Applicants

Forest Guards Recruitment,
Headline

FG to Begin Forest Guards Recruitment, Up to 5,000 Officers Per State

President Tinubu Approves Subsidy on Kidney Dialysis, Slashes Cost to ₦12,000 — See List of Hospitals
Headline

Tinubu Announces New Subsidy, Gives Other Details

Grooming Endowment Trust - GETAccelerate 2025
business

₦2m Grant Up for Grabs: Grooming Endowment Trust Calls Nigerian Startups to Apply

Headline

IBB @84: Don’t relent in your prayers for Nigeria- Gen. Babangida urges Christians, Muslims

Naira Slips Against Dollar in Both Official and Black Markets
business

Naira Slips Against Dollar in Both Official and Black Markets — Here’s the Latest Rates

Is NELFUND a Loan or Free Educational Support from FG
Education

Is NELFUND a Loan or Free Educational Support from FG? Here is the Truth

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News