HungerBAD:
Interesting Critique.

But, what advice or deed have you contributed to Nigeria that can make her great? You guys just bunch together in one corner and look for faults.

Now proffer one sensible way forward.

HungerBAD:
Interesting Critique.

But, what advice or deed have you contributed to Nigeria that can make her great? You guys just bunch together in one corner and look for faults.

Now proffer one sensible way forward.

dialfa:
Illiterate president

HungerBAD:
Interesting Critique.

But, what advice or deed have you contributed to Nigeria that can make her great? You guys just bunch together in one corner and look for faults.

Now proffer one sensible way forward.

Tomjazzy2:
Having painstakenly taken a very calm perusal at the draft copy of President Buhari's independence day speech, I can not but begin to wonder who drafted the speech of this importance.

The said speech is regrettebly fraught with some collosal errors, and I make bold to say here, has caused us an international embarassment.

In the second paragraph for instance, the President opined that Nigeria is the "ninth most populous nation" in the world.

Any one who knows elementary government do not need to consult an oracle before realizing that Nigeria is infact, the 7th most populous Nation in the world.

Furthermore, in the 17th paragraph, another laughable error was made, when the President said "...I have ordered a complete audit of our other revenue generating agencies, mainly CBN, FIRS, Customs, NCC..."

Apart from FIRS and Customs mentioned above, surely, neither the CBN nor the NCC qualify as a revenue generating agency. To be sure, both agencies are strickly speaking, regulatory agencies.

Or has the scope of those agencies been reviewed to include generating revenue for the country?

If the President have severally been discribed as some one who takes his time in anything he does, one who pays attention to every detail, then this speech leaves much to be desired.

Tomjazzy2:


Not to sound rude, but even my little nephew knows the sensible way forward. An objective critique of the speech was my main focus sir

wirinet:


Nigeria is the only country in the world where a stark illiterate feels he knows better than professors. Like the saying goes, he who knows not and knows not that he knows not, is a f**l.

Buhari's speech was written by competent experts and academicians, whom you are not fit to shine their shoes.

A simple google search would have illuminated your ignorance.

Nigeria is reputed to be the 9th most populous nation on each - http://www.infoplease.com/ipa/A0004391.html

NCC is not a revenue generating agency? Please what school did you attend. I need to tell my friends and even my enemies to avoid sending their children to that school. NCC sell all sorts of licences, they collect revenues and fines from all telecomunication companies. They sell licences to TV and radio stations all over the country, and lots of other revenue generating activities. Even Internet service providers have to pay NCC for their spectrum.

Tomjazzy2:


Nigeria is in fact, the 7th most populous Nation in the world.

wirinet:


Nigeria is the only country in the world where a stark illiterate feels he knows better than professors. Like the saying goes, he who knows not and knows not that he knows not, is a f**l.

Buhari's speech was written by competent experts and academicians, whom you are not fit to shine their shoes.

A simple google search would have illuminated your ignorance.

Nigeria is reputed to be the 9th most populous nation on earth - http://www.infoplease.com/ipa/A0004391.html

NCC is not a revenue generating agency? Please what school did you attend. I need to tell my friends and even my enemies to avoid sending their children to that school. NCC sell all sorts of licences, they collect revenues and fines from all telecomunication companies. They sell licences to TV and radio stations all over the country, and lots of other revenue generating activities. Even Internet service providers have to pay NCC for their spectrum.
See spectrum fees and prices here - http://www.ncc.gov.ng/index.php?option=com_content&view=article&id=85&Itemid=99

Tomjazzy2:


Ordinarily, I wouldn't have bothered joining issues with peepz like you who lack the basic capacity to engage in a public discourse, with out using so many fallacious and derogatory terms, but hey, if I choose to ignore you, your level of ignorance may become too contagious to quarantine.

First of all, that PMB's speech was written by "experts and academicians" whose shoes I am not worthy of shinning, does not ipso facto make the speech foolproof. If not for curiosity and quest to acquire knowledge, perhaps I wouldn't have even bothered reviewing the said speech.

You suggested that I am a stark illiterate, for pointing out the obvious fact that Nigeria is the 7th, and not the 9th most populous nation in the world? Seriously

Please Prof., kindly help your self with the latest UN report-2015 Revision of World Population Prospects-released Wednesday 29 July; I am not literate enough to provide you the link

On the second point I raised, I didn't just rush up to create this thread with out doing some summary research to be double sure that the CBN particularly, isn't a revenue generating agency. Whilst I was reviewing relevant authorities online, I was tuned to Nancy's Money Show program on AIT, where she had a one time Deputy Governor of CBN as a guest. She posed the question to him, and as expected, the guest categorically confirmed that the CBN strictly speaking, is not a revenue generating agency.


Unlike you Prof., I always look critically at any academic work I come across, irrespective of who the author of such work may be.

Tomjazzy2:


Ordinarily, I wouldn't have bothered joining issues with peepz like you who lack the basic capacity to engage in a public discourse, with out using so many fallacious and derogatory terms, but hey, if I choose to ignore you, your level of ignorance may become too contagious to quarantine.

First of all, that PMB's speech was written by "experts and academicians" whose shoes I am not worthy of shinning, does not ipso facto make the speech foolproof. If not for curiosity and quest to acquire knowledge, perhaps I wouldn't have even bothered reviewing the said speech.

You suggested that I am a stark illiterate, for pointing out the obvious fact that Nigeria is the 7th, and not the 9th most populous nation in the world? Seriously

Please Prof., kindly help your self with the latest UN report-2015 Revision of World Population Prospects-released Wednesday 29 July; I am not literate enough to provide you the link

On the second point I raised, I didn't just rush up to create this thread with out doing some summary research to be double sure that the CBN particularly, isn't a revenue generating agency. Whilst I was reviewing relevant authorities online, I was tuned to Nancy's Money Show program on AIT, where she had a one time Deputy Governor of CBN as a guest. She posed the question to him, and as expected, the guest categorically confirmed that the CBN strictly speaking, is not a revenue generating agency.


Unlike you Prof., I always look critically at any academic work I come across, irrespective of who the author of such work may be.

According to UN projection, as on July 1 2014, the population of Nigeria was 178,517,000.

snakie86:


I can't help but laugh about how knoledgeable you are.....if cbn and ncc doesnt generate revenue aside their regulatory functions then what do they do?
I guess u dont know that they collect fines and charges on behalf of the FG.....CBN sells treasury bills and forex, the income they get is what?
So far internet is now cheap doesnt mean we can right rubbish or shouldnt take our time to research very well before spitting out.
Atleast google can help u with the financials of these organizations to know how much they generate as income/profit on a yearly basis

Tomjazzy2:


Smh

If we are to go by your logic, then such other agencies like the Police, FRSCN, etc, qualify as revenue generating agencies, since they also issue and collect fines too

snakie86:


Lolzzz......police doesnt generate revenue oga......And who told u FRSCN is not a revenue generating agency?
Do u know the meaning of revenue at all?

Tomjazzy2:


Please try and get me my point, I am not disputing the fact that the CBN and NCC, like the FRSCN, do not have powers to collect fines, what I am saying is that these agencies can not be taken as revenue generating agencies.

If you can, scan through the relevant laws setting up these bodies, may be you would be better informed.

Tomjazzy2:
Having painstakenly taken a very calm perusal at the draft copy of President Buhari's independence day speech, I can not but begin to wonder who drafted the speech of this importance.

The said speech is regrettebly fraught with some collosal errors, and I make bold to say here, has caused us an international embarassment.

In the second paragraph for instance, the President opined that Nigeria is the "ninth most populous nation" in the world.

Any one who knows elementary government do not need to consult an oracle before realizing that Nigeria is infact, the 7th most populous Nation in the world.

Furthermore, in the 17th paragraph, another laughable error was made, when the President said "...I have ordered a complete audit of our other revenue generating agencies, mainly CBN, FIRS, Customs, NCC..."

Apart from FIRS and Customs mentioned above, surely, neither the CBN nor the NCC qualify as a revenue generating agency. To be sure, both agencies are strickly speaking, regulatory agencies.

Or has the scope of those agencies been reviewed to include generating revenue for the country?

If the President have severally been discribed as some one who takes his time in anything he does, one who pays attention to every detail, then this speech leaves much to be desired.

wirinet:


You refused to discus further on NCC, so i assume you admit you did not look critically at the fallacious academic work that says NCC is not a revenue generating agency. Even at the begining of GSM introduction in Nigera, NCC sold GSM licenses for more than $600million. Glo alone bought the 2nd National carrier license for 1billion dollars.

I left out the CBN delibrately because the CBN is more complex. It is not strictly a revenue generating agency as its function is primarily to act as a Banker to the federal government, But ECN101 would tell you that CBNs all over the world also acts as banker to the private banks ie commercial, investment and all other banks. Now are you telling me CBN provides banking services to Banks for free?

You are just looking for excuses to insult your president (yes, your president), and you look for the most stupid excuse to do so.


About the discrepancies in the populations figures, you should know that Nigeria's population figures is in dispute. Even the website you provides says;


The figures were not termed official like the others, it is just an educated guess. So you are just making a mountain out of a mole hill.

Tomjazzy2:


Any one who knows elementary government do not need to consult an oracle before realizing that Nigeria is infact, the 7th most populous Nation in the world.

Furthermore, in the 17th paragraph, another laughable error was made, when the President said "...I have ordered a complete audit of our other revenue generating agencies, mainly CBN, FIRS, Customs, NCC..."

Apart from FIRS and Customs mentioned above, surely, neither the CBN nor the NCC qualify as a revenue generating agency. To be sure, both agencies are strickly speaking, regulatory agencies.

Or has the scope of those agencies been reviewed to include generating revenue for the country?

If the President have severally been discribed as some one who takes his time in anything he does, one who pays attention to every detail, then this speech leaves much to be desired.

A general analysis of the agencies’ submission (excluding the NNPC’s) shows expected remittance of N189b as at October, last year. Only N80b had been paid to the Treasury (42 per cent compliance), leaving a shortfall of N109b.

Some of the agencies apart from the NNPC are: Federal Capital Territory (FCT), Federal Airports Authority of Nigeria (FAAN), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Ports Authority (NPA), Nigerian Communications Commission (NCC), Nigerian Broadcasting Commission (NBC) and the Federal Mortgage Bank (FMBN) among others.

With the exception of the Central Bank of Nigeria (CBN), all the agencies prepared and submitted their audited accounts to the office of the Auditor General outside the time stipulated in the Fiscal Responsibility Act, 2007.

The report of the House Committed on Finance on independent revenue generation and remittances to the Consolidated Revenue Fund by government-owned agencies that was considered yesterday by the lawmakers, however, praised five agencies for attempting to adhere to the FRA to some extent by regularly remitting their independent revenues to the Federal Government.

These are: CBN, Federal Radio Corporation of Nigeria (FRCN), Nigerian Television Authority (NTA) and two others.

The chairman of the committee, Abdulmumin Jubrin, presenting the report, said between 2009 and 2011, the NNPC and all its subsidiaries generated N6.132trillion as Internally Generated Revenue (IGR), but remitted no part of it to the Federal Government.

evilspirit:



GSM licences were sold for 285 million dollars while GLO got his own for 200 million