France and French companies are spending heavily in Atiku's campaign because of the understanding that NNPC will be sold to Valero Energy in event Atiku wins the presidency. It is no longer in doubt that Atiku is a Cameroonian who has no blood relationship with Nigeria and Nigerians and he is already cementing ties with his biological country of origin, Cameroon. The big news today is the revelation of French connection in Atiku's campaign. C&I Paris is the french firm directly working for Atiku and his campaign as Chief lobbyist from Paris with direct support from the French and Cameron governments.

A company directly owned by a French cartel, Valero Energy is earmarked to buy NNPC at a devalued rate if Akitu wins the Presidential election. Valero Energy has pumped over Fifty Million (50,000,000E) Euros into Atiku's campaign because of the understanding

The oil company in Cameron, Sonara, has also invested in millions of dollars to Atiku's campaign.

On the 19th and 20th of December, 2018 wire transfers from EDF and Altena, two French energy companies hit five Atiku's campaign bank accounts in Diamond bank, First Bank, Zenith, U.B.A and Fidelity bank.

The President of Cameroon will on Saturday be in Atiku's home in Jada in Adamawa to hand over Millions in Dollars for vote buying. The Nigerian government should investigate this unconventional spending from Cameroon and France because it violates our electoral law. Meanwhile, is the federal government aware that the Cameroonian President is visiting Jada in Adamawa State of Nigeria today, a week to our general election?

Shehu Marwa
Shehu Consult Maitama, Abuja.
shehu@gmail.com

Copied.

I believe this story.

Atiku can do anything for money. I cannot help but wonder how Atiku,a Fulani man, loves money than any Igbo man living or dead.

Yeah, i believe this story.

lies from the pits of APC

APC try again later.... This one no soak bread at all.....!!!

Make them no come turn Nigeria to Libya oo Because i am very certain the Brits won't be taking this lightly at all. It is an incursion into their territory and could portend grave consequences...

I’ve been expecting this, I’m not surprised thoh... if a presidential aspirant can say this “*am I not entitled to enrich my friends* then he can do worst than this...Nigerians I urge us to think well before voting bcoz it will takes us another 4years to correct any mistake

This same traitor of cameroon ipob goons betrayed Cownu over. LMAO

Hahahahahahaha today’s massive rally in Kano is sending shockwaves across the country. The sleeping APC opposition is now awake.

Bring it on, Atiku hurricane is stronger than Buhari’s tyranny can withstand

make france come buy abeg its even better than selling it to one useless Nigerian.

We would still vote for Atiku...

Too late zombies, too late..

@jpphilips isn’t this your epistle a little too late?

So it’s no longer about what Buhari has achieved, its now about whether he’s responsible for Nigeria’s current woes, yet you want him to keep leading Nigeria into more woes?

.

NNPC is the most corrupt institution in the world

Selling a significant part of NNPC will make it a more transparent and more profitable and efficient institution

See them they don't know what privatisation means.
Zombie



Twenty-five years ago this December, British Gas was privatised following a long advertising campaign which used the slogan "If you see Sid … Tell him".

Sid – meant to represent the man on the street – was definitely interested. About 1.5 million individuals bought shares, and although many sold or "stagged" those shares in the first week, some 600,000 people still own holdings worth less than £250.

But John Douthwaite, chief executive of execution-only stockbroker SimplyStockbroking, points out that someone who made the minimum purchase of 100 shares, originally sold at 135p each, would now have a holding worth £1,721.

"Investors have actually done very well out of this, making 12 times their original stake if they have held onto their shares over the years," he said. "A lot of people know they have the shares, but may not realise their worth. When people are trying to make ends meet, they might want to look out their certificates."

Following later demergers and mergers, someone who bought shares in the initial privatisation could now hold shares in three companies, Centrica, BG and National Grid.

SimplyStockbroking would charge investors £8 to sell shares through a nominee account, or 1.25% of the value of the stock (minimum £12, maximum £40) for those in certificate form.

The process should take about 10 days from the point of applying to sell the shares to getting money in your bank account, says Douthwaite.

Topics

Shares The Observer

Investments Consumer affairs BG C

For more jokes "Text" APC to 68949

And some people will still vote for this MAN. SMH. Buhari all the way

Truth be told.. Atiku is a very corrupt human being..A person in his/her right mind wouldnt vote for this man.. Na next level things we dey. Buhari/osinbajo all the way

Yambee:
I believe this story.

Atiku can do anything for money. I cannot help but wonder how Atiku,a Fulani man, loves money than any Igbo man living or dead.

Yeah, i believe this story.

me sef I now believe you are a dummy
I believe yes I believe surely I believe

Lies lies lies lies.next pls

Truth2030:
France and French companies are spending heavily in Atiku's campaign because of the understanding that NNPC will be sold to Valero Energy in event Atiku wins the presidency. It is no longer in doubt that Atiku is a Cameroonian who has no blood relationship with Nigeria and Nigerians and he is already cementing ties with his biological country of origin, Cameroon. The big news today is the revelation of French connection in Atiku's campaign. C&I Paris is the french firm directly working for Atiku and his campaign as Chief lobbyist from Paris with direct support from the French and Cameron governments.

A company directly owned by a French cartel, Valero Energy is earmarked to buy NNPC at a devalued rate if Akitu wins the Presidential election. Valero Energy has pumped over Fifty Million (50,000,000E) Euros into Atiku's campaign because of the understanding

The oil company in Cameron, Sonara, has also invested in millions of dollars to Atiku's campaign.

On the 19th and 20th of December, 2018 wire transfers from EDF and Altena, two French energy companies hit five Atiku's campaign bank accounts in Diamond bank, First Bank, Zenith, U.B.A and Fidelity bank.

The President of Cameroon will on Saturday be in Atiku's home in Jada in Adamawa to hand over Millions in Dollars for vote buying. The Nigerian government should investigate this unconventional spending from Cameroon and France because it violates our electoral law. Meanwhile, is the federal government aware that the Cameroonian President is visiting Jada in Adamawa State of Nigeria today, a week to our general election?

Shehu Marwa
Shehu Consult Maitama, Abuja.
shehu@gmail.com

Copied.

Please, what is the difference between selling it off to a company and selling it off to Fulani mafia who has ruined it for years without nothing to show for it?

99% of PDP supporters invested in MMM.

APC are in panic mode already.Nice try with this fake news but we have decided to Atikulate

SalamRushdie:
lies from the pits of APC

Lol,..so apc can now be used interchangeably with hell now,..chai !

Atiku will win this election.. When ur opposition enter this kind of delirium..,it only means they see defeat anywhere they look


Clasping at putrefying straws

mightyhazell:
Lol,..so apc can now be used interchangeably with hell now,..chai !

yes oo they are synonyms of each other

If I no vote Atiku wetin I gain? Is it someone that will write down something and can be able to read it or that has shown to be under remote control by cabals that I will vote?
Someone that his wife is even ashamed to openly campaign for, isn't voting such a person a sign of insanity?

If selling NNPC will make Nigeria work then, let's sell it.

APC Una try.

Yambee:
I believe this story.

Atiku can do anything for money. I cannot help but wonder how Atiku,a Fulani man, loves money than any Igbo man living or dead.

Yeah, i believe this story.

jpphilips:

IS BUHARI TRULY RESPONSIBLE FOR OUR ECONOMIC WOES?

A lot have been said about Buhari, how he brought hardship on Nigerians, how he is responsible for all the suffering in Nigeria, is that theory backed with facts and global economic realities or the shenanigans of few individuals basking in the Euphoria of ignorance?
Since I must make a choice between our present loud political gladiators, I armed myself with Economics textbooks and news archive, here is what i discovered.

Nigeria an oil producing and oil dependent economy suffered a global economic hit called crude oil price shock
it is the sudden drop in price of crude oil in the commodity trading market, it has occurred at different times in History nearly every decade. Countries that are hardest hit by crude shock are basically countries that not only produce crude oil in significant amount but solely depend on it as their foreign exchange earner. While oil shocks have asymmetric effects in oil-exporting developing countries; lower oil prices lead to major revenue cuts and ensuing stagnation in the economy, but higher oil prices and accompanying higher revenues do not translate into sustained economic growth.

What are the effects of crude shock in oil producing developing economies?

Forex scarcity: Most developing economies whether oil producing or not, depend on importation to survive, where foreign currency becomes scarce, industries, individuals that have significant need for forex will likely close shops giving birth to the second problem unemployment then finally the master Recession.

Unemployment: When industries no longer have forex to buy spare parts, can no longer afford raw materials, production slows, sales slows, profit eroded, workers sacked, since the volume of activities in the economy is directly proportional to the GDP, the GDP contracts and birth another economic monster Recession.

Recession is a chain reaction of unpalatable economic events that shows the economy is not experiencing growth but contracting, lets look at the effects of recession, high energy cost (energy in most developing economies are subsidized one way or another) crude shock and eventually recession erodes government revenues till a point where it could no longer afford subsidies and other things it used to afford.
In Nigeria where our Electricity Generation companies are subsidized, petroleum products are subsidized,you will understand that such partial or complete subsidy removal will quickly skyrocket the cost of living generally, transportation, cost of food etc are equally affected that leads to another monster called Inflation.

Inflation: is defined as a phenomenon where huge bills are in search of few goods, how is that possible? when the industries that produce goods closed down, imports could not be sustained due to Forex shortages where will the goods come from? the absence of those goods while the bills remain triggers inflation, causes hunger and eventually poverty and devaluation of local currency.

Devaluation is when global reserve currencies trade higher than your currency, of course you recall that an economy in crude shock first suffers Forex shortages, that robs the central bank (in the case of Nigeria) the ability to fix the currency at a reasonable exchange rate.
The local currency is allowed to float along a band the cbn thinks may not be too hurtful on the economy.
Forex ban is placed on certain commodities, debit cards like Visa, Mastercard et al are all placed on monthly transaction limits as a reflection of the reality of forex shortages.

Okonjo iweala then finance minister and coordinator of the economy actually warned Nigerians in 2014 long before buhari came that the level of mismanagement will bring hunger to us, read here: https://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html
If okonjo iweala saw this hunger in 2014, warned us about it, how can a sane person accuse buhari of bringing hardship?

Between 2015-2017, all these happened in the Nigerian economy, then I asked "are we the only oil dependent economies in the world? why us alone?
The answer took me to several countries in the world and I realized that other oil producing countries dont depend on oil alone, countries like Russia though the largest producer of crude oil in the world, has a robust defense industry that contribute significantly to its GDP, Russia equally enjoys large market shares in Gas distribution in Eurasia, by the time crude oil shock hit, Russia had over $400b in reserves,
It became clear that the only economic move that could hold off crude oil shock and other global economic shocks is a robust foreign exchange reserves (Savings).

Permit me to take you down our economic history, in 2008 during the global melt down, the then CBN governor prof. Chukwuma Charles soludo bragged that the Nigerian economy is immune to global shocks? That would have sounded ridiculous but it is true, what did he do? they launched an economic strategy called National Economic Empowerment And Development Strategy NEEDS.
This strategy recommended that once crude oil is sold, the balance above the budget benchmark is kept in an account called the ECA, by the time that government left and another took over in 2007, both the ECA & Foreign reserve account held over $68b in reserves, in a $200b economy at the time, that reserve was significant enough to whither any storm that came the way of our economy, Much later into the crisis, Nigeria later relaxed its exchange rate to 155 to a dollar. now we know that Nigeria had in the past stood resilience in the face of global shocks with a culture of Savings.

Global economic meltdown is worse than crude shock because in a meltdown, major economies are affected, capital flight becomes common in developing economies, crude oil customers reduce demand thereby pushing prices lower, the saddest part is that no country has money to borrow anyone during global meltdown, yet Nigeria Survived it with Soludo's brilliant strategy. A strategy that was blatantly refused by the previous administration when suggested by Iweala, recall that Iweala worked with Soludo in that NEEDS team.


Fast forward to 2015, Three out of the top four producers of crude oil in Africa by their production, Nigeria, Angola, Algeria and Egypt were all in recession even though Egypt does not significantly depend on oil but her economy was shattered. Algeria escaped recession because by 2014, just like Nigeria in 2008, Algeria had a foreign reserve balance of $194b in a $156.1b economy (122% of GDP in savings).You can see that the Robust reserve of Algeria was their savior in this modern crude oil shock era. The previous administration in Nigeria boasted of leaving behind a paltry $19b for a $500b economy at the time (3.8% of GDP), that amount is not even enough to pay for imports let alone absorb global shocks, so Nigeria can be rightly described in late 2014 as an oil dependent economy with no savings. How important is this savings?

Lets take our research to the Second largest producer of crude oil Angola, just like Nigeria with no significant savings, Angola's challenges needs no introduction, let facts speak for itself

Angola suffered severe Forex & currency challenges just like Nigeria. According to Bloomberg
They not only devalued their currency, they equally allowed it to float like Nigeria's
Angola devalued its currency as the OPEC member sought to revive an economy still reeling from the oil-price crash four years ago.



Borrowing to fund Budget deficits, just like Nigeria, Angola has borrowed to the point of requesting a bail out from the IMF
https://www.vanguardngr.com/2018/08/angola-says-to-request-4-5-bn-imf-loan-as-crisis-lingers/

Unemployment Rate in Angola increased to 20 percent in 2017 from 19.90 percent in 2016.
https://tradingeconomics.com/angola/unemployment-rate


Inflation in Angola was a whooping 23.67 percent in December 2017, data on the national statistics agency's website showed on Wednesday.
Price growth on a month-on-month basis rose to 1.47 percent in January from 1.2 percent previously.

Poverty in Angola
According to Angola's 2001 MPI, more than 77% of the population was multidimensionally poor. ... The latest available World Bank figure for income poverty in Angola, from 2008, shows that 36.6% of the population is income poor. Angola's population is currently estimated at 29.7 million.

I can go on and on the list is endless, as a matter of undeniable fact, Angola just like Nigeria are the largest producers in Africa, they practically did not save enough and they were hit hard by crude price shock. to balance the analysis, it will be unfair to discuss those that didn't save without giving kudos to those that saved, like i said previously, Algeria saved a whooping $194b when the going was good, as such its economy was immune to crude shock.

Russia like we said though had currency challenges during the period under review ostensibly because of western sanctions, Russia had over $400b in reserves by ending of 2014.

Saudi Arabia was immune to crude shock not without little currency & subsidy issues ostensibly because of its huge financing of the war in Yemen, they were sitting on a comfortable $732b by the end of 2014.

My country men, you can see that this suffering was brought upon us by mismanagement by the same people that are warming up to continue from where fate has left us, if buhari had $100b in our foreign reserve in 2015, we wont be hungry today, we wont lose our jobs, we wont lose our manufacturing industries, this is the truth that shall set us free!

Some even blamed it on Avengers attack of 2016

Niger delta avengers was a non issue, if you noticed, I expunged them from my initial analysis, here is why;
We were in crude shock from late 2014, Avengers struck in 2016, since 2014, your GDP wasn't showing any growth but retrogression or doldrums meaning you were heading towards recession anyways as a result of crude shock.

If Avengers did not strike, OPEC would have asked us to cut production to boost prices,
read:
https://www.bloomberg.com/news/articles/2016-09-28/opec-said-to-agree-on-first-oil-output-cut-in-eight-years

So Avengers or any form of production cut at the time was a non issue. OPEC gave us production cut waiver because Nigeria has already declared force-majore in most of its crude oil export channels.

Nigerian people, what is your present government doing to stem this tide that has shocked the fabrics of our nation to the Marrow?


The vice president being the economic manager of the country Launched the ERGP, with it Nigeria even in recession was able to save $47b in our foreign reserve, at this pace, I have no doubt that this money will hit $100b in the next 4yrs, that is a guarantee that our economy will become immune to global shocks once again, not just crude shocks alone. (Algerian model)

The moment that money crossed $40b mark, forex shortages disappeared, importers stopped complaining, manufacturers stopped complaining of dollar scarcity, debit cards relaxed their limits etc, that was a killer stroke in our economic recovery strategy, inflation immediately responded to the potency of the ERGP from 18.8% in 2017 to 11.23% in 2018.
This reserve will boost investors confidence that the economy is liquid enough for profit repatriation, that is how the jobs will return, job creation is private sector driven, not govt.

Among the three oil dependent economies in Africa that landed in recession within the same period, Nigeria was the first to exit recession, that was historical & mind blowing, despite fighting terrorism and with a massive population, we did it first before any other country.

By Blocking loopholes Our Federal allocation that used to be a misery 311b naira in june 2016 is between 600-700b naira in presently.
This volume if held steady will continue providing liquidity that will surely inflate the economy.

Nigeria is building a Gas liquefying plant called the NLNG train 7 project, that will in a way increase revenue from Gas against depending on oil alone, there are other ongoing Gas projects like the AKK projects and other Gas for power projects, rightly put, the economy is being diversified towards gas. (Russian model)
https://www.vanguardngr.com/2018/07/nnpc-signs-agreement-for-seven-critical-gas-projects/

As you can see here, Manufacturing is gradually expanding, next will be jobs returning on its own


https://www.thisdaylive.com/index.php/2018/07/08/cbn-at-57-0-pmi-manufacturing-sector-expanded-in-june/amp/


We don't need Atiku's stealing to truncate an economic process already in recovery.


In conclusion, I can state for a fact that the economic challenges of this country has nothing to do with Buhari under the circumstances he met on ground, we have a chance to fix culpability of blames where it rightly belongs on crude shock, or replace this government whose framework seems promising with another leadership of questionable integrity.

Buhari is like a mechanic that was given a car to fix, only for the car owner to accuse him of being the problem of the car when he is yet to fix anything.

We shall never go back to past governments whose inaction landed us in this mess in the first place.
leadership in the past that we tasked to privatize our establishments, all failed save for the one that ended up in his pocket, yet he claimed to create Jobs? How many jobs were lost in that privatization scam where 56 government entities perished?

Where is our NITEL, ALSCON, Nicon Insurance to mention a few? Leadership that claims to create jobs but his company PRODECO folded up? Leadership that claim to create jobs yet it was Buhari that sacked foreigners littered everywhere in his company, does an ordinary logistics company need that much foreigners?

Leadership that is a case study for corruption and money laundering by the US Senate committee on Homeland security, Leadership that preaches restructuring but enjoys monopoly in Niger delta sea ports? Atiku is a walking scam, may we not walk into the scam called Atiku because of lies peddled and perfected by the same holocausts that landed us in bondage, every scam comes with a loud noise, say No to Atiku, we cant move from Abacha loot to Atiku loot at this perilous time.

Fraudulent Leadership that wants to sell 90% of NNPC robbing us of 74% of our forex needs, Leadership that wants to spend $90b annually building infrastructures when Nigeria earns less than $30b annually.

It will be very dangerous and retrogressive to have a leader that is in bad terms with the international community, remember that the united states is the Fulcrum of our war against insurgency, one will argue that if America doesn't sell arms to us we go to Russia, the world works differently now under Donald trump, ask yourself, why did Jonathan not go to those people when America sanctioned him under the Leahy's ban? Yet he sat idly and watched Boko haram slaughter tens of thousands eventually took LGA's? American ban is as good as a global ban, recall how South Africa seized funds Jonathan wanted to use for arms purchase, please dont ask me what is South Africa's business with a US ban, that is how the world works.

In 2017, the US congress passed a law called Countering America's Adversaries Through Sanctions Act, CAATSA to promote the America first agenda while sanctioning countries that do business with American's enemies. If Atiku (God forbid) becomes the president as much as thinks about going to Russia for help, Nigeria will end up in CAATSA web, and that is when the true Hunger will manifest.

Can you live under a US sanction like North Korea and Iran? can you live with a Boko haram that is out of control? A boko haram that once
bombed Abuja for fun but Today the once Almighty Shekau is in hiding? what about other support we get from the US like the USAID? free immunization? Polio prevention? HIV and AIDS vaccines? Machinery and oil and gas technologies etc? are you willing to throw away all these because of a criminal whose greed led him to commit atrocities in the United states or hate for Buhari that is built on lies?
When faced with these realities, Atiku will never achieve anything, rather he will steal what we have left and disappear like he did in the US.

May God help us!!

Watch Peter obi summarize this analysis

https://twitter.com/i/status/1058007016810123264

How much were you paid to spew this poo ?

After the usual paparazzi that attended all those killings, deployment of troops, announcements of curfews and hypocritical political statements, all the noise would disappeared to be replaced with the routine of dangerous politicking, endless talking and tribalism...until another massacre...
Are we a people without conscience? Isn’t it already obvious that we are under a government that is clearly without the answers? Are we so unserious as a people, suffering from a case of chronic collective dementia, that over 120 people dead in one day and we still go on as if all is well, while some youth retards amongst us still canvass for this government?Nigeria where a president who prides himself as a man of integrity would lift the hand of a confirmed thief in campaign rally and yet some youths who do not know their left from right would still sing his praise... not Nigeria where a group such as MURIC, under a supposed professor, would spend quality time and energy writing about why Friday should be declared a public holiday for Muslims ‘since Saturday was declared for The Seventh Day Adventists and Sunday for Catholics and other Christians’ but refuse to speak out against the untold acts of violence, persecution and killings of Christians and minorities in some place in the north...
INEC has just extended the date for the collection of PVCs till Monday 11th, elections comes up next weekend, in the name of God, Nigerians, do the needful, vote out APC!!!!