gramci: Chilax he will deliver on that

Obiagelli: build ke? he is refurbishing now, he has done railway and airports

2s£xy:
Don't feed me crap; I am not buying that white lie.

I can easily buy the souls of Nigerians with the click of 'media hype'

2015 isn't too far off and that's the reason for all this achievements being displayed and all you folks have been sold.

A very thought-out plan to buy the souls of Nigerians and which many have failed to realise as a tool often use for re-election and when the 2nd tenure starts, the relent and refuse to deliever because no one can question them any further.

Whether you people like it or not, this is how you will be sold on and on as they keep recycling the same pattern for re-election.

Nothing will be delievered on 2nd tenure and you people have been sold, completely sold.

Mark my word...

2s£xy:
Don't feed me crap; I am not buying that white lie.

I can easily buy the souls of Nigerians with the click of 'media hype'

2015 isn't too far off and that's the reason for all this achievements being displayed and all you folks have been sold.

A very thought-out plan to buy the souls of Nigerians and which many have failed to realise as a tool often use for re-election and when the 2nd tenure starts, the relent and refuse to deliever because no one can question them any further.

Whether you people like it or not, this is how you will be sold on and on as they keep recycling the same pattern for re-election.

Nothing will be delievered on 2nd tenure and you people have been sold, completely sold.

Mark my word...

Sincere 9gerian:
Nonsense! As if any of the projects was started and completed in a day. Projects have INCUBATION PERIOD (period from conception to completion and then inauguration). All the projects that are being inaugurated or commissioned in the last few weeks did not fall from the sky. They were PLANNED, BUDGETED FOR and WELL executed. They all passed through the expected/normal incubation period and are only coming to fruition at this time. These projects are not accidental. So take you cynicism and useless talk elsewhere

gramci: Only a shameless bigot will describe achievements in aviation, railway, agricultere and the successful privatisation of PHCN as media hype.

Obiagelli: build ke? he is refurbishing now, he has done railway and airports

slim fit :
He is building them online.

Sincere 9gerian:
The plan was to remove fuel subsidy (deregulate) and build the three refineries based on PPP with Chinese partners (read the reports of the three greenfield refineries). But since Tinubu and the ACN Lagos protesters truncated the plans, the refinery project is either on hold or its been terribly slowed. The latest I heard is that only one greenfield refinery will be built in Lagos through PPP.

I dont even think it is right for govt to embark on building more public refineries. The sector should be deregulated to allow private sector takeover and build as many refineries as possible, ether wholly private sector driven or by PPP.

In the past, govt built refineries but those refineries have been badly managed. It doesn't make sense to keep doing the same thing and expecting different result.

TRADE and Investment Minister, Olusegun Aganga, early this month signed a tripartite Memorandum of Understanding (MoU) for the construction of six modular refineries in the country. Other signatories represented Vulcan Petroleum Resources Limited (an American firm that does not bear the more familiar tag of Inc.) and Petroleum Refining and Strategic Reserve Limited, a Nigerian company. The combined refining capacity of the proposed refineries is 180,000 barrels of crude oil per day, which represents six-sevenths of the capacity of one of the two refineries in Port Harcourt.

The assurance by Aganga that due diligence had been carried out on the project raises a few issues that warrant a wholesale review of the entire project. Firstly, the three parties to the MoU do not have any known track record in refinery-related projects. The involvement of the Ministry of Trade and Investment is inappropriate because neither the Petroleum Ministry nor the Nigeria National Petroleum Corporation (NNPC) is expected to outsource construction of refineries, as it were, from another Nigerian ministry. Secondly, the average cost of the proposed refineries is a swanky N116.2 billion ($750 million). Is that price tag in line with industry standard? Thirdly, it is proposed to fabricate and test-run the refineries abroad. They will subsequently be dismantled, shipped down and reassembled where crude oil pipelines exist, but at yet to be determined sites. The promoters have apparently not given any thought to the local content law in the petroleum sector or the possible effect of the impending Petroleum Industry Act.

Aganga also explained that constructing the refineries is a major step towards actualising the National Industrial Revolution Plan (NIRP) with particular regard to creating jobs and generating wealth in contrast to the practice of exporting raw materials and jobs to Western countries. But that rationalisation rings hollow because just 20 months earlier, Aganga as Minister of Finance, removed the ban placed on importation of textiles, furniture and other products. Despite protests in well-meaning quarters, the Jonathan administration has not reversed that action. Industries that use local raw materials together with imported complementary inputs, and employ labour to manufacture those products, have been left in the cold. It may be recalled that the import prohibition list was drawn up in 2003 to selectively resurrect sectors of the economy in accordance with the pristine import substitution industrialisation policy, which the NIRP being espoused by the minister probably mimics.

The modular refineries will be constructed with funds obtained from abroad. As a matter of fact, intending foreign investors have given the Jonathan administration expressions of interest totalling N6 trillion for likely investments in various economic sectors that would be spread over several years. However, the points to note are, firstly, that these expressions of interest are practically castles in the air. Secondly, the pledged amount is not loose change or idle funds but anticipated cheap bank credit lines that attract competitive international rates. Thirdly, failure by Nigerian banks to finance national industrialisation through extensive private sector projects with similarly competitively priced credit lines is attributable to the non-conversion of Federation Account oil proceeds to realised naira revenue via deposit money banks. In the process, amount of bank credit missed by the private sector and lost to the economy every year exceeds six times the pledged foreign direct investment amounts. Thus the federal executive arm of government should embrace sound fiscal and monetary practices as the precondition for the country to move forward economically, politically and socially. The current unutilised installed manufacturing capacity rate of about 55 per cent, which has not improved since President Goodluck Jonathan took office, is evidence that this administration, like its predecessors, has not approached the NIRP objectives in the right manner.

As regards petroleum refineries, the NNPC in 2002 granted 18 firms licences to construct private refineries. But 10 years on, no construction work has begun on any refinery. The obvious lesson is for government to overlook petroleum industry outsiders and take necessary steps to encourage companies within the petroleum sector to build refineries. To this end, it is imperative to revisit an earlier NNPC proposal calling on its six joint-venture companies to refine 50 per cent of their crude output by 2006. Therefore, the much anticipated Petroleum Industry Act or an adjunct enactment should set down graduated levels of crude oil output for oil producing companies to refine locally within a firm time frame. To address the usual concerns about so-called unattractive domestic prices of refined petroleum products, such refineries (wherever the various oil companies choose to site them on commercial grounds) should be accorded the status of export processing zone industries. Refined products for domestic consumption should be purchased at going international prices while the refineries arrange to export any surplus products. That way the refineries will be insulated from any problems of price deregulation and fuel subsidy, which should be left to the Nigerian people and the National Assembly to tackle as deemed fit.

There are important advantages to this option. For instance, the refineries will be owned, built and run by committed experts. The NIRP will receive concrete expression as direct and indirect jobs will be created, and associated chemical industries will spring up on Nigerian soil. Secondly, upon acceptance at long last by the federal executive arm of sound fiscal and monetary practices, the Nigerian oil companies, which took over marginal oil fields from the oil majors will access cheap bank credit domestically, and individually or jointly with other minnows, take steps toward vertical integration by establishing refineries that will not be plagued by the problems which aborted the 18 licensed private refineries and which the planned modular refineries will most probably be unable to deal with.

tpacalipse: You are badt. How could you do this to me?

tpacalipse: You are badt. How could you do this to me?

b0dnel: Mr President,

It is with shock and utter disbelief I received the news that you have so far won 25 per cent in 28 states plus Federal Capital Territory. According to the 1999 constitution, a winner needs the majority of votes and at least 25 per cent of votes in 24 states of the 36 states of the federation. So far you have won 25 per cent in 28 states, leaving your closest rival, Gen. Muhammadu Buhari of the Congress for Progressive Change with victories in only 12 states. I know you and your cronies will be celeberating and popping the proverbial champagne now but here is a word of caution from perhaps one of your worse critics.

Allow me to explain that the presidential victory of April 16th was a victory for yourself and not necessarily for the PDP, which you are a part and parcel of. This should reveal without any equivocation that the elections were not driven by issues, but sentiments about personalities, religion and ethnicity. It is my opinion that as a nation we should grow our democracy to achieve a situation whereby persons win elections on the basis of merit and actual performance not sentiments, and certainly not with the aid of financial inducements, blackmail and violence.
I will not bore you with all the expectations Nigerians (the ones who voted for you, anyway) have-I believe you know all of these and intend to meet all of them.

Nevertheless, I intend to remind you of all the myriad of promises you made during your political campaign throughout the country. In my generosity, I have listed them for you here.

1. You Promised to rule for only one term (reference http://www.bbc.co.uk/news/world-africa-12339017)
As a man of your words or rather as you want to make us believe, PLEASE stick to this plan and pledge.
I sincerly hope we will not have political jobbers, groups like Youths Earnestly Ask for Jona, Dbanj, Lagbaja, Sunny Ade all singing for your second term bid? I sincerly hope also, you will not come out and openly deny you didnt make such promise or statements as you did about the zoning saga.

2. You promised a consitutional role for Traditional Rulers!!! I am short of words but Nigerians are waiting

3. On March 17th 2011, in Dutse the Jigawa statte capital, you promised:"If I win the election, within my four years in office, I will establish domestic airports in all the states without airports, WE ARE WAITING.

4. In Nasarawa, at the flagoff of your campaign you promised at least a university in every state including building specialist almajiri schools to shore up education in the North so as to eradicate illiteracy. The Almajiris are waiting o!

5. On February 8th in Ibadan, the day you called some people "rascals", you promised to create jobs and improve the power sector. The OYO people and indeed all Nigerians are waiting!!!

6. On Feb 9th, you were in Bauchi and you promised to intensify oil and gas exploration in the North-East as part of efforts to harness resources for economic development. Also you pledged to boost agriculture, power and water supply for wealth creation and revenue generation. Then you assured that projects such as the Mambilla hydro-electricity, Jada irrigation project and Kafin Zaki dam in Taraba, Adamawa and Bauchi would be pursued to boost agriculture and industrial development. Then you promised that your administration would establish two universities in the region. The NORTH EAST PEOPLE ARE WAITING,

9. You landed in Portharcourt on Feb 12 where you made alot of promises, maybe to woo your Niger Delta people. Be that as it may, you announced that the NNPC, in partnership with the private sector, would establish a petrochemical plant in the Niger Delta (you didnt state where exactly). You promised the plant will create job opportunities for the Niger Delta youths. Then you went ahead to promise the implementation of Local Content Law and Petroleum Industry Bill. In case you cant remember when you made all these, cast your mind back to the stampede that claimed some lives (where your wife called them martyrs).

10. In Kaduna- You promised massive transformation of the agricultural sector through construction of large dams and distribution of one million metric tonnes of fertilisers for the 2011 farming season (The rains are here already, so fulfil your promises o)
You also pledged to establish Almajiri model schools to address the challenges of the Almajiris.

11. In Benue-You promised to revolutionise agriculture and establish industries in the country through a five-year plan (We need that Plan now so we can keep track, the five years have started counting already)

You also promised to complete the irrigation project in Otukpo. Then you promised that the second Niger Bridge and the Benue Bridge projects will be worked on in the next four years. I think its better to start now so by April 2015, we trust you would have completed it.

12. February 17th, you were in Plateau where you made shocked the entire country with amazing promises. First of all, you pledged to refocus on the solid mineral development of the state and make it one of the key revenue sources in Nigeria. The Plateau people are banking on you.
Mr President, You promised to build more dams and complete ongoing ones, so as to boost agricultural growth.

In addtion you promised to complete the Vom-Manchok-Jos road to boost economic links between Plateau and Kaduna states. Yoy left the state and the Plateau people have been happy ever since and now that you have won, they are waiting

13. Mr President on Feb 21, you were in Kogi. You promised among other things promised that the dredging of the River Niger and Lokoja-Abuja road dualisation would be completed very soon. THE KOGI PEOPLE AND INDEED NIGERIANS ARE HOPING AND WAITING

14. In Kwara State on Feb22, you pledged that the irrigation project in Shonga would be completed soon to boost the commercial farming activities of the New Nigeria Farmers in the area. Mr president, remember you also said the Jebba-Mokwa road and Jebba bridge would be given adequate attention to ease transportation in the area. Kwarians are waiting!

15. On February 24, Mr. President, you pledged to rehabilitate ALL ailing industries in Aba. I believe all Abians are hoping on you to provide the enabling environment to do their businesses, you must keep your promises,

16. Mr.President, on Feb 25th in Anamabra you said there is a plan to build a power station in the state, assuring that within the next four years your administration would construct and rehabilitate ALL federal roads leading to Anambra as well as the South East. You equally to provide potable water to the densely populated Onitsha and Nnewi cities and tackle erosion in the South-East. To tell you the truth, Mr. President, Anambrians are banking on you!

17. In Ebonyi state, you promised to dualise the Enugu-Abakaliki federal highway in addition to establishing a secretariat for ALL Federal government's agencies and parastatals in Ebonyi. Mr. president, The people of Ebonyi has never had it so good since the creation of their state. Now, you have promised them the good life. Please keeep to your words!

18. In Niger state, you promised the more power generation. Perhaps the most important aspect of your promises is that your government would map out a five-year strategic plan for road projects. (Please we are waiting for the Plan NOW!!!!)

19. On Feb 27, you were in Asaba, the Delta state capital, which happens to be my state. On that fateful sunday, you revealed that “The NNPC is developing a new programme that will absorb about 5,000 youths, ”, Mr. President, Deltans are delighted at this REVELATIONS. While that number is a far cry from the number of unemployed youths in the state, at all at all na winch (as we say in Warri), so Deltans are waiting.

20. On March 2nd, you were in Ondo where you pronmised that roads and other basic infrastructure across the states will be developed in four years. In addition you also promised the exploitation of the vast bitumen deposits in the state for national economic development and employment generation. The Ondo people are waiting. Your Four years have started already. You must start now.

21. On the same day, March 2nd, your campaigbn train was in Ekiti state. While there, you promised that more than N50 billion federal intervention projects were ongoing in the state. You can be rest assured that the Fayemi and indeed the entire Ekiti kete are waiting for you.

22. On March 9th, in Sokoto, you promised to rehabilitate the abandoned Shagari irrigation project as well as reviving the nation’s rail system and fight the menace of desertification in the country. Sokoto people have sufffered for too long. This is your time to redeem your pledge, Mr President. The clock is ticking!!!

23.The date was March 12th 2011 and you were in Ogun state.
Remember, the day you rode to Abeokuta through rail?

Yes, That was the day you promised an improved power supply before the end of the year through the Integrated Power Project (IPP) initiative.

You also pledged to build more refineries, encourage downstream activities, resuscitate rail transportation and create jobs. In case you have forgotten, that was the day that Gbenga Daniel (your South West campaign coordinator was booed by the Ogun people).

24.On March 14th, your campaign trained moved to Kebbi where you promised to establish a federal university next year (2012). You also promised to create jobs through science and technology, tackle environmental challenges and boost health care delivery.

25.Katsina, was your port of call on March 15 where you promised to enhance the living standard of Nigerians through implementation of people-oriented programmes that would provide citizens the necessary opportunities to realise their potentials.

In my opinion, this was just mere rhetorics as you did not make any concrete promises. or did you have the premonition, you will lose in Katsina? I might just be right.

26.In Kano, you pledged to resuscitate the nation’s power sector and encourage the development of small and medium scale enterprises in the country while ensuring justice, equity and fair play in the polity.

Mr.President, Space will not allow me to list the deluge of promises in Lagos, Osun, Borno, Cross River, Akwa Ibom, Enugu, Imo, Taraba, Jigawa, Edo, Bayelsa and Zamfara states. If you can accomplish all your promises in the next four years, then you will go down memory lane as the best President ever. Im all honesty, I wish you GoodLuck!!!

Time will tell!!!