1. Osinbajo Illegally Approved Release of N5.8 Billion
Presenting the committee’s report for consideration during plenary on Thursday, the chairman of the committee, Ali Isa (Gombe). said as the then acting president, Mr Osinbajo illegally approved the release of N5.8 billion in June 2017 from the Consolidated Revenue Fund Account to NEMA.
The committee chairman, Ali Isa, while presenting the report said the authorisation for the release of the fund for emergency food intervention in the North East contravened Section 80(4) of the 1999 Constitution as amended.
The section states that, “No money shall be withdrawn from the Consolidated Revenue Fund or any other public fund of the federation, except in the manner prescribed by the National Assembly”.
2. Osinbajo Authorised It And Ensured That Taxes Accruable To FIRS were not deducted nor did He Seek Approval of FEC
The lawmakers also stated that the authorisation did not follow due process as taxes and interest accruable to the government were not deducted or remitted to FIRS and no meeting of the Federal Executive Council approved the contracts.
3. The Monies Were Shared To Individual Banks And Violated The Law on Approval Limit
The committee said the funds were credited directly to the individual banks of the companies and NEMA’s bank account, in violation of the approval limit allowed by law.
4. How Osinbajo And Friends Shared The Money
The committee said out of the N5.8 billion, NEMA got N829 million for logistics and claimed it spent N369.5 million on general logistics; N189 million on branding and packaging; N248.6 million on branding and packaging and N21.9 million on contingency.
Presenting the committee’s report for consideration during plenary on Thursday, the chairman of the committee, Ali Isa (Gombe). said as the then acting president, Mr Osinbajo illegally approved the release of N5.8 billion in June 2017 from the Consolidated Revenue Fund Account to NEMA.
The committee chairman, Ali Isa, while presenting the report said the authorisation for the release of the fund for emergency food intervention in the North East contravened Section 80(4) of the 1999 Constitution as amended.
The section states that, “No money shall be withdrawn from the Consolidated Revenue Fund or any other public fund of the federation, except in the manner prescribed by the National Assembly”.
2. Osinbajo Authorised It And Ensured That Taxes Accruable To FIRS were not deducted nor did He Seek Approval of FEC
The lawmakers also stated that the authorisation did not follow due process as taxes and interest accruable to the government were not deducted or remitted to FIRS and no meeting of the Federal Executive Council approved the contracts.
3. The Monies Were Shared To Individual Banks And Violated The Law on Approval Limit
The committee said the funds were credited directly to the individual banks of the companies and NEMA’s bank account, in violation of the approval limit allowed by law.
4. How Osinbajo And Friends Shared The Money
The committee said out of the N5.8 billion, NEMA got N829 million for logistics and claimed it spent N369.5 million on general logistics; N189 million on branding and packaging; N248.6 million on branding and packaging and N21.9 million on contingency.




