WisdomFlakes:


Shaking my head. You Ibos are a pathetic lot. You don't have to always deny your ethnicity to take cowardly shots at yoruba people, I am sure you know that. You can do that while being yourself instead of opening new monikers weekly for this foolishness. I know you wish you were yoruba but the gods refused to make you that fortunate in this lifetime. I am afraid that if you continue like this you will end up committing suicide. Pray harder though, so that maybe you will come back as a Yoruba person's dog in your next life.

deomelo:
[s][/s]



lol @ village Igbos claiming Yoruba. Funny people.

waveybrah:

Former Chicago drug baron,Tinubu,who forefeited $500k to the American government in 1993,is part of the reason Nigeria is a fantastically corrupt shithole. He represents state capture by private interests.
Lagosians have started protesting the corrupt antics of his stooge.

deomelo:
Tinubu is looting the whole of Lagos state, but Lagos state is steady developing and progressing, they are commissioning projects left and right, Lagos is the 5th Largest economy in Africa, IGR is blasting through the roof, but your villages where they don't have Tinubu looting you is still back in the stone age, your governors are the only governors in Nigeria commissioning borehole and keke ambulance in 2018 when the rest of the world is moving forward.

Obviously, your village governors are the ones doing the looting.

waveybrah:
How did the most prominent and powerful APC politician in APC,Bola Ahmed Tinubu-acquire the financial war chest to maintain and solidify his vast patronage network?Through rent seeking from Lagos State- backed by the stooges he put in power as Governors and House of Assembly members.
These are the means he used to join to billion dollar club:
1)Life pension-According to a Lagos Pension Law approved by former governor Bola Tinubu in 2007, a former governor will enjoy the following benefits for life: Two houses, one in Lagos and another in Abuja. (Property experts estimates such a house in Lagos to cost N500 million and Abuja N700 million.)

Others are six brand new cars replaceable every three years; furniture allowance of 300 percent of annual salary to be paid every two years.

He will also enjoy security detail, free medicals including for his immediate families.

Other benefits are 10 percent house maintenance, 30 percent car maintenance, 10 percent entertainment, 20 percent utility, and several domestic staff.
2)Taxation-In Lagos, Alpha Beta, as consultants, gets 10 percent of whatever Lagos State generates monthly. If this statement confuses you, you are not alone. There are just a few things you need to keep in mind though: Lagos State generates roughly 31 billion Naira a month. Ten percent of that is going to a consultancy firm owned by the former governor of Lagos State, Bola Tinubu. 75% of the revenue generated by Lagos State comes from taxes.

If you need to read the paragraph again, you are not alone. However, the truth of the matter is that Alpha Beta Company has been the tax consultant to the Lagos State government since 1999, when the former governor Tinubu began his tenure.
3)Toll Gates-The toll gates in Lagos are owned by Tinubu's business partner,Lebanese Chaugory,who was convicted for money laundering for Abacha in Switzerland ,who also owns Hi-Tech Construction that collects and arbitrarily increases prices of tolls for Lagos residents.
4)Land use Charge Collection- Investigations revealed that the two other collecting companies are Information Connectivity Solutions Limited (ICSL) and De Soffit Consults Limited. ICSL, SaharaReporters discovered, is a sister organization to Mr. Tinubu's Alpha.
5) Garbage Collection-Visionscape, The only Nigerian on the board is Niyi Makanjuola, the point man of the promoters amd closely linked to Bola Tinubu.The Lagos and Visionscape Deal will cost taxpayers up to N85bn.

In an unprecedented move the State Executive Council at a meeting held on March 21, 2017 passed a resolution to secure the financing structure adopted by the Consortium to raise funds for the project via issuance of an Irrevocable Standing Payment Order (ISPO) as a charge on the State Internally Generated Revenue account/ Environmental Trust Fund.

This meant the Lagos State Government was basically agreeing to be on the hook in case of default for a N50 billion bond programme the Visionscape Group through its SPV was set to issu
The letter goes on to read : “Consequent upon the above, this office would implement the monthly remittance of the gross sum of Seven Hundred and Thirteen Million, Seven Hundred Thousand Naira Only (NGN713,700,000) as a first line charge from the revenue account of Lagos State Government which is to commence in June 2017 and terminate in June 2027.”

The consequence of this is that in a 1 year period the state would spend N8.56 billion as guarantees for the bond and be on the hook for about N85 billion over the 10 year timeline on just this one transaction.
Tinubu successfully used foreign businessmen like Chaugory,front companies like Alpha Beta and close associates to enter the billion dollar club and celebrated his entry by buying a Falcon VP-CBT Falcon private jet.

WisdomFlakes:


The boy has been doing this for months now. He will open a new moniker and open a thread with the same exact content. After being disgraced he will vex and delete the account. A week later he will repeat the same thing. Na joblessness. Igbos are now jobless since kanu fled to Ghana.

KnowAll:
Tinubu is probably d richest man in Naija ���

kayfra:


Why don't you relocate to Anambra?

waveybrah:

You don't have to settle for less. Lagos,can look Dubai with all the modern amenities. Look at the revenue,Lagos has received over the last 18 years. And it still look like a shithole- without sewage treatment plants,portable water for citizens,good hospitals and road network

If all the money Tinubu and his associates have been looting from the state over the last 18 years were put to good use,instead of being used to buy private jets,build hotel and malls,Lagos would have become a world class city

[quote]www.nairaland.com/attachments/6854315_c_jpegb64ec3ea372d1d8674886470b02116de



www.nairaland.com/attachments/6854318_a_jpeg14a53cac5a312f3d1ad4980fec051d42



www.nairaland.com/attachments/6515274_fbimg1515257544802_jpeg7ab599e711f29cc8b8b0ec23f36d1372

deomelo:
[s][/s]


Not interested in your meaningless and rubbish ipob ramblings.


Face your jungle ipob village

deomelo:
[s][/s]

waveybrah:

It was not meaningless ranting. I cited my sources:Daily Trust,Saharareporters and Businesday.

waveybrah:

My village is Ijebu-Ijesha.

deomelo:
[s][/s]



Not interested in your meaningless and rubbish ipob ramblings.


Face your jungle ipob village

deomelo:
[s][/s]



Your ipob village is Nnewi

waveybrah:
Deomelo,Layfra and WisdomFlakes-I hope to one day see of you in leadership positions in Lagos one day. And not defending a corrupt ex Chicago drug baron.

deomelo:
[s][/s]





Not interested in your meaningless and rubbish ipob ramblings.


Face your jungle ipob village

deomelo:
[s][/s]



Not interested in your meaningless and rubbish ipob ramblings.


Face your jungle ipob village

waveybrah:

You keep repeating yourself-are you a bot?

deomelo:





Robot is what you see in the mirror everyday.

waveybrah:

You were the one repeating yourself-clown!

deomelo:




Not interested in your meaningless and rubbish ipob ramblings.


Face your jungle ipob village

waveybrah:

I am Yoruba-how many times do I have to tell you.

deomelo:
[s][/s]



Not interested in your meaningless and rubbish ipob ramblings.


Face your jungle ipob village

waveybrah:

Deomelo, we need to free Lagosians from the trance they are under Tifnubu,who is looting them blind.

deomelo:
[s][/s]




Not interested in your meaningless and rubbish ipob ramblings.


Face your jungle ipob village

WisdomFlakes:


The boy has been doing this for months now. He will open a new moniker and open a thread with the same exact content. After being disgraced he will vex and delete the account. A week later he will repeat the same thing. Na joblessness. Igbos are now jobless since kanu fled to Ghana.

waveybrah:

Grow a brain,corrupt politician defender.

[quote]www.nairaland.com/attachments/6854315_c_jpegb64ec3ea372d1d8674886470b02116de



www.nairaland.com/attachments/6854318_a_jpeg14a53cac5a312f3d1ad4980fec051d42



www.nairaland.com/attachments/6515274_fbimg1515257544802_jpeg7ab599e711f29cc8b8b0ec23f36d1372

deomelo:
[s][/s]