sheyie2007: you had better go and look for a job and stop complaining

maasoap: That's exactly the duty of a responsible government, to pull as many citizens as possible out of misery. Creation of conducive environment for businesses to flourish, companies to spring up, putting infrastructures in place, soft and low interest loans backed by govt to SMEs. Do you even know responsibility of a govt at all? What about social benefits? Go and read kid.

seanet01: Wow!
A paragon of intelligence and fiscal tranquility.
Why the comparism with Abacha if not that she is evil?
Intelligence does not translate to sincerity.
Last time i checked she was part of the bankers that wrecked the European economy. Ask Greece, Ask Portugal, Ask Cyprus, Ask italy about her intelligence.
You know why Brazil Economy is growing faster than the whole Europe?
They called the bluff of World Bank, IMF and the brute capitalists parading themselves around of which NOI is a member glued to its inner circle.
Like i said again, Intelligence does not translate to Sincerity and honesty.
Without honesty and sincerity, the world will continue to be what the bankers want it to be.
A flash of hell.

Purely remarkable.

seanet01: Which of my facts can you dispute?
The one stating how OBJ and NOI spent 16 billion US dollars on the power sector without any result?
The one stating how NOI paid out 3 trillion naira to Subsidy thieves when only 300 billion was budget for it.
You really need help

Where the F.u.c..k is General Buhari when you need him. These guys would have been begging for mercy after stealing from this country.

No wonder this government is bent on spreading propaganda.

talk2valen: I, as a person never dislike NOI but tonight she avoided a question and started telling us way out of corruption. If its not in her jurisdiction, she should have avoided the question completely. She talked about power and oil and yet some people are saying she's just the finance minister and she doesn't even have the correct figure of the number of megawatts dropped in the last week. She's composed but to say she rubbished Amanpour is falsehood. Our leaders are not just getting it right. Let's face the truth. She was comparing us to other developing countries struggling with electricity and she mentioned india and south africa, then she said south africa is better leaving us with india to compete with. Why not mention ghana and some other developing countries that's got stable power? She compared us with mexico and said they lose 25000 barrels of oil to theft everyday and then she said we lose 150,000 barrels daily, what kinda comparism. Abeg our leaders are not just trying. It means mexico got it under control and according to her they've been able to trace the theft to some mafias, who have we been able to trace ours to? Guys listen to that interview again and get the facts. I've listened to it like 10times cos I got it recorded. Where's the power improvement she claimed we had when nothing has changed in most places for a long time? Let's call a spade a spade. This people aren't trying at all, they are just fooling us. Be it any political party or alliance, they're taking us for a ride. #gbam

Raymond4kc: Transcript of the interview.

What we've said is that in order to help block any leakages and help to, you know, stop any attempts at corruption or taking monies, we must build electronic platforms. We must distance people from the money.

These things were recommended by the World Bank and the IMF. I used to work at the World Bank. We are doing them.


In our case, we have international people who also buy that stolen oil. We need them to treat this stolen oil like stolen diamonds, the blood diamonds. Make it blood oil. Help us so that those people don't have a market to sell this stuff.

Raymond4kc: OKONJO-IWEALA: As you know, Nigeria became a democracy again when President Obasanjo came into power in 1999. Two decades prior to that, there was hardly any investment in electricity.

If you've neglected a sector for that long, you've not invested, you've not even maintained your basic facilities, it's not going to happen that fast. It takes time.

Like WTF. Is this woman saying General IBB and General Abacha didn't sink in funds into power? This is lying under Amanpour's nose. Is she saying before OBJ there was no national budget on electricity?

Raymond4kc:

Thanx very much for the transcript, very much appreciated.

Raymond4kc: Transcript of the interview.


We are selling off everything. The generation capacity, the distribution capacity in the country, government is only retaining one thing -- transmission.

Like WTF. We are f.u.ck.ed. Just like OBJ's privatization scheme/scam.

I wonder what people found fantastic about this interview.

thegoodjoehunt:

Like WTF. We are f.u.ck.ed. Just like OBJ's privatization scheme/scam.

I wonder what people found fantastic about this interview.

thegoodjoehunt:

Like WTF. We are f.u.ck.ed. Just like OBJ's privatization scheme/scam.

I wonder what people found fantastic about this interview.

playboy19:

Well, i thought i was the only dumb one around cos i found the interview so insulting. It's a big shame.

The President of Nigeria showed up on CNN, fukced himself in the a55
The Prime Minister took followed suit. Isn't that hilarious?

CFCfan:

She held her own against Amanpour, just like PSG did against Barcelona

playboy19:

Well, i thought i was the only dumb one around cos i found the interview so insulting. It's a big shame.

The President of Nigeria showed up on CNN, fukced himself in the a55
The Prime Minister followed suit. Isn't that hilarious?

thegoodjoehunt: OKONJO-IWEALA: As you know, Nigeria became a democracy again when President Obasanjo came into power in 1999. Two decades prior to that, there was hardly any investment in electricity.


I just can't get my head off this.

CFCfan:

To be fair, she said "there was hardly.." It means that the prior administrations invested little in electricity.
That statement was a Bayern-like counter attack against Barcelona (Amanpour)

CFCfan:

To be fair, she said "there was hardly.." It means that the prior administrations invested little in electricity.
That statement was a Bayern-like counter attack against Barcelona (Amanpour)

Feed me more:

Beyern-like counter attack ? Are already anticipating for that when the two sides meet?

CFCfan: ^^^
Yep, the govt alone can't certainly provide all the needed power infrastructure.

CFCfan: ^^
The previous govts spent not less than $25 billion with little or nothing to show. I'm no GEJ fanatic, but I like his administration's approach of handing over some aspects of the power sector to the private sector. The govt will still be in charge of generation and transmission, while the private sector will handle the distribution end.

thegoodjoehunt:

Prime minister Okonjo said her government will only handle transmission, they are selling everything. What will happen to the money received. What will happen to the funds meant for running these projects.

It just reminds me of OBJ. After his privatization scheme/scam and Subsidy removal of AGO. The national reserves still kept on going down.

CFCfan:

That looks like yet another policy somersault;SMH. I just hope and pray that the saved funds will be channeled to other areas i.e secondary and tertiary education. As for the reserves, I learned that the reserves mainly pay for the nation's imports, and is used to 'stabilize' the naira. The "Excess crude account" has risen to $7 billion.

CFCfan:

That looks like yet another policy somersault;SMH. I just hope and pray that the saved funds will be channeled to other areas i.e secondary and tertiary education. As for the reserves, I learned that the reserves mainly pay for the nation's imports, and is used to 'stabilize' the naira. The "Excess crude account" has risen to $7 billion.