BREAKING: ADC says INEC can no longer be trusted, demands Amupitan's sack
The African Democratic Congress (ADC) has called for the immediate removal of Joash Amupitan, chairman of the Independent National Electoral Commission (INEC), after the de-recognition of the party's leadership.
Speaking during a press briefing on Thursday, David Mark, national chairman of the ADC, said the electoral body can no longer be trusted, describing its actions as unlawful.
#TheCableIndex
FREE DOWNLOAD: Waziri Adio's 'The Arc of the Possible'
Waziri Adio’s memoir as the executive secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI) is now free to download.
https://t.co/qfekHCRAe6
We don’t talk enough about #SubsidyFraud around here. Like how bill of lading dates get quietly altered just to shift landing costs and blow up subsidy claims.
These and many more are uncovered in AbdulRasheed Bawa’s work " The Shadows Of Loot and Losses" available on Amazon https://t.co/Kq2gyGOsSn
Cc: @CablebooksNG & @Rovingheights
Nigeria's Billion-Dollar Subsidy Scandal!
Discover the shocking truth behind single importation and double subsidy payments. Learn how some individuals are exploiting the system for massive financial gain. #SubsidyFraud
Get your copy on Amazon: https://t.co/YLpq5aDMJc
Ever wondered how petrol subsidy fraud works? 'The Shadow of Loot and Losses' by Abdulrasheed Bawa spills the beans! Get your copy now: https://t.co/29mnKshzDv or via the addresses below.
#SubsidyFraud
Non-declaration of over-recovery fraud is one of the ways petrol subsidy fraud is perpetrated. This technique is employed to conceal importations that should have been reported, allowing companies to make and retain illicit gains.
Cc: @CablebooksNG@Rovingheights#Subsidyfraud
Stay informed: https://t.co/CWTFwVzIXE
Considering the mechanism of gasoline subsidy fraud? The fraud known as "inflated import volumes" entails inflating the amounts of petroleum imported in order to obtain larger subsidy payments than are legally required.
Get your copy https://t.co/3uBIZbtDNg
#SubsidyFraud
DID YOU KNOW?
From 2001 to 2010, Nigeria’s refineries operated at an average efficiency of only 20.5%. Such low operational efficiency indicates that even the existing refineries were not producing at their optimal capacity, compounding the issue of insufficient supply in the market.
Get your copy https://t.co/oWTz2SteiL or via the: @CablebooksNG & @Rovingheights
#SubsidyFraud
Subsidy fraud tactics:
1. Bill of lading date alteration: Manipulating dates to inflate subsidy claims.
2. Non-declaration of over-recovery: Concealing importations to retain illicit gains.
You can read more on Bawa Abdulrasheed’s THE SHADOW OF LOOT AND LOSSES book on https://t.co/QIsGaXiOm1
Or visit the very physical stores around Nigeria
Cc: @CablebooksNG@Rovingheights #SubsidyFraud
DID YOU KNOW?
The substantial rise in subsidy payments in 2011 was associated with significant fraud and misuse of the system. However, following comprehensive investigations by the EFCC and heightened public scrutiny regarding the management of the PSF in 2012, subsidy payments fell dramatically to N1.35 trillion, even with petrol price adjustments from N65 to N97. #SubsidyFraud
Cc @CablebooksNG@Rovingheights
Read more: https://t.co/FkB2EhxbFV
By altering bill of lading dates, fraudsters can falsely inflate subsidy claims by manipulating the calculation of landing costs.
#subsidyFraud
Read more at Amazon: https://t.co/r6Ta9Nh9Lf
Cc: @CablebooksNG@Rovingheights
At a glance it's clear to see How Petrol Subsidy fraud is been Perpetrated over the years...
You can get original copies from @CablebooksNg and @Rovingheights
Want to know more about the impacts of #SubsidyFraud on Nigeria’s economy, then check out Abdulrasheed Bawa’s ‘ THE SHADOW OF LOOTS & LOSSES’ @CablebooksNG@Rovingheights
Also grab your copy now https://t.co/d0i2lXFreN
Curious about the inner workings of petrol subsidy fraud? The Shadow of Loot and Losses by Abdulrasheed Bawa reveals all! Grab your copy now at https://t.co/hZeAoP6dP1 or through the links below.
Cc: @CablebooksNG@Rovingheights#SubsidyFraud
If you really want to know everything about #SubsidyFraud, then you should read Bawa Abdulrasheed’s “THE SHADOW OF LOOT AND LOSSES”
It shed light on all the lies and propaganda going around. Check the links below to get it 👇
Amazon: https://t.co/2paLNnHUFs
Roving Heights: https://t.co/FKeeGjI1YI
cc @CablebooksNG@Rovingheights
Incase you want to take note of what's going on in the #SubsidyFraud, then take a glance to study Bawa AbdulRasheed's "THE SHADOW OF LOOT AND LOSSES". The book clarify the flyer surrounding the fraud.
Check the book: https://t.co/DgMu13xGGj
Cc: @CablebooksNG@Rovingheights
The issues of #SubsidyFraud is a major concern to all in the economy. Abdulrasheed Bawa has analyzed all you need to know about petrol subsidy fraud in his book "The Shadow of Loot & Losses".
Read about it here: https://t.co/vKP7WshQLa
Cc: @CablebooksNG@Rovingheights
I know #SubsidyFraud has been going on but never knew it was this deep - "falsifying the quantities of petroleum imported to secure higher subsidy payments than what is rightfully due?" 💔
‘THE SHADOW OF LOOT AND LOSSES’ by Bawa Abdulrasheed is indeed an eye opener 📚.