Barring any unforeseen circumstance, Buhari's Ministerial list will be announced tomorrow and Senate screening will commence ASAP.

Femi Falana is already in Abuja for his confirmation hearing along with the lucky few who made the list.

GMB IS WORKING!!

A new dawn has risen in this country!!

citizenisb:
Barring any unforeseen circumstance, Buhari's Ministerial list will be announced tomorrow and Senate screening will commence ASAP.

Femi Falana is already in Abuja for his confirmation hearing along with the lucky few who made the list.

GMB IS WORKING!!

A new dawn has risen in this country!!

do you plan to come and update this story.



meanwhile i hope this expectation of ministers would be the miracle we need though i know that our greed is the prblem

citizenisb:
Barring any unforeseen circumstance, Buhari's Ministerial list will be announced tomorrow and Senate screening will commence ASAP.

Femi Falana is already in Abuja for his confirmation hearing along with the lucky few who made the list.

GMB IS WORKING!!

A new dawn has risen in this country!!

Abakaliki weed can be dangerous to the brain

When is Buhari commencing the paymt of 5k to the poorest of the poor as was promised?

Lol. Baba e be like say, you be one man army

Finally

Nothing is barring anything
It wouldn't be announced tomorrow
Quote me freely

Source pls

Sauce?

Hmmm!!! Waiting patiently 4 d list.

Back in 2008, when Nigeria was faced with a similar collapse in oil prices as it is witnessing today the country’s political leadership at the time mouthed off sweet platitudes about the urgency of economic diversification.

“The changing international oil market poses grave concerns for our fiscal outlook. The recent volatility of the oil price is apparent in the unprecedented decline of prices from record highs of about US$147/barrel in July this year to current prices of about US$50/barrel,” Nigeria’s then President Umaru Musa Yar`Adua, said in a December 2008 address to the National Assembly.

Indeed, the current oil price situation underscores the overdependence of the Federal Budget on oil related receipts. Consequently this administration will continue to lay emphasis on diversifying our sources of revenue from oil to non-oil sources.”

Seven years later the country is 80 percent dependent on oil revenues to fund Government spending as the economy reels from falling crude and policy inaction from the current President.

Nigeria’s GDP growth fell to 2.35 percent in the second quarter (Q2) of 2015 down from 3.96 percent in the first quarter.

The NSE – all share index a broad benchmark of Nigerian stocks has returned -14.33 percent this year.

Meanwhile JPMorgan last week removed Nigeria from its influential emerging markets bonds index amid concerns about the country’s economic management.

The country has not undertaken any major reforms to unlock its growth potential since the foreign debt payback and write-offs of 2004 and banking sector consolidation and Pension reforms the following year.

A scandalously inept and corrupt petrol subsidy regime that costs up to $5 billion a year remains in place despite the sound economic arguments to remove it.

Daily blackouts are still the norm because a privatisation effort undertaken in 2013, failed to give free market pricing to gas suppliers meaning generated output has never risen above 5,000 megawatts, which is about a third of peak demand.

Nigeria’s gas reserves were equivalent to 182 trillion cubic feet (tcf), representing the eighth largest in the world and foremost in Africa.

Despite this ranking, domestic demand for gas far outweighs supply due to inadequate infrastructure as a lack of a market based pricing template.

“The insufficient power supply emerged as the leading constraint in the most recent Business Expectancy Survey by the CBN (Q1
2015). Other constraints included inaccessibility to credit, an unfavourable economic climate and unclear economic laws,” FBN Capital analysts led by Gregory Kronsten, said in a September 10 note.

A power poll recently released by NOI Polls revealed that between April 2015 and June 2015, Nigerians typically spent a maximum of N3, 726 ($19) on actual electricity supply and as much as N12, 351 ($62) on running alternative sources of power supply.

The average power supply was 4.9 hours in the second quarter of 2015.

Meanwhile the petroleum industry bill (PIB) which could potentially help reform the oil industry has been delayed in parliament since 2007.

Nigeria’s political elite’s (some of the highest paid in the world) acquiescence to the decay of the oil sector is inexplicable, considering that it provides most of the money used to fund their high flying lifestyles.

The oil sector consistently posts negative growth and has shrunk to only 10 percent of Nigeria’s GDP, from as high as 30 percent a decade ago.

Amid the gloom Goldman Sachs forecasts that oil prices may fall as low as $20 a barrel, with a persistent surplus requiring prices to remain lower for longer to rebalance the market.

Brent for October delivery was trading around $48.73 a barrel on Friday.

The lack of reforms means Nigeria has only been able to accumulate $1 billion in its Sovereign Wealth Fund and $31 billion in dollar reserves, compared to other oil producers such as Qatar with $43 billion, Malaysia ($94 billion), and Russia ($366 bn) in dollar reserves and significantly higher savings in their respective Sovereign Wealth Funds.

When does Buhari intend making Naira directly proportional to dollar? Biko When will Buhari calm down his boys (boko boys) enough of all dis script acting damn it de boys are no longer loyal highly high

ReskpetNobleman:
When does Buhari intend making Naira directly proportional to dollar? Biko When will Buhari calm down his boys (boko boys) enough of all dis script acting damn it de boys are no longer loyal highly high

8 years will be too long for you to be repeating the same old nonsense. Face reality and support the President.

Obrigardo:


8 years will be too long for you to be repeating the same old nonsense. Face reality and support the President.

biko when will Buhari stop feeding gullible Nigerians wit political bull, deceptive change, propaganda, lies, speculations and more to come

Shd this be true, Nigeria future is bright under this govt..
Source pls

There is a name i will not like to see there. Meanwhile, i heard someone talking about the promised 5000k , bro that aren't going to happen. It is just a campaign strategy they used in winning people's mind.

Just about time,has d senate approved it?

It is rather a shame that an elected Leader has FAILED to constitute his cabinet 4months after coming to power. There is nothing to celebrate here. This is NO feat neither is it an achievement. Buhari has failed Nigeria

we are waiting

We dey watch

Reward for constructive criticism.

Sai Baba.

At last, anyways I comment my reserve sai Baba

Better..m

citizenisb:
Barring any unforeseen circumstance, Ministerial list will be announced tomorrow and Senate screening will commence ASAP.

Femi Falana is already in Abuja for his confirmation hearing along with the lucky few who made the list.

GMB IS WORKING!!

A new dawn has risen in this country!!

So, d new dawn here is that Falana is among d purported list and that PMB is about to constitute his cabinet after 4mnths in power.....
SENTIMENT HAS REALLY BLINDED SOME PEOPLE OH

Waiting

Obrigardo:


8 years will be too long for you to be repeating the same old nonsense. Face reality and support the President.

We will keep repeating The same old nonsense nonetheless.

Sunnymatey:
When is Buhari commencing the paymt of 5k to the poorest of the poor as was promised?

when you become president.