fiizznation: Your 'Saudi Arabian' writer is very silly. He didn't do his findings very well and yet he ignorantly went to twitter to share his deluded thoughts. There is no verse in the holy Quran that condemns alcohol intake? Like seriously dude? The Quran have been very clear about alcohol intake. Here is one verse that condemns alcohol consumption even though it didn't clearly state the punishment for it;
“O you who believe! Intoxicants (all kinds of alcoholic drinks), gambling, idolatry, and divining arrows are an abomination of Satan’s handiwork. So avoid that so that you may be successful. Satan only wants to cause between you animosity and hatred through intoxicants and gambling and to avert you from the remembrance of Allah and from prayer. So will you not desist?” (Verses 90 and 91of Surat Surat Al-Ma’idah).
And our holy prophet also said; " whatever intoxicates in large quantity, a small quantity of it is forbidden".
So pray tell me, who is your Saudi writer when the Quran has frown against alcohol and the holy prophet {saw} has condemned it?
Please don't argue over what you know nothing about
Dongreat: Why is it that our leaders are so useless. Is it the inspection of grasses that will strengthen the naira? Well I don't blame them but Nigerians who are so adapted with the 'suffering and smiling' syndrome.
Nigeria depletes her foreign reserves by $2b averagely annually on importation of rice . . . get the drift?
Gani said instead of celebrating, Fashola should have been sober for allegedly mismanaging the country’s power generation from “6000MW when he took over to now less than 2000MW.”
Ovamboland: Many kids commenting here cannot appreciate the strategic importance of this bill to opening up the rail transport sector to wider participation.
Some of them might end up getting their first job as a direct result of this bill if passed.
Passage of this bill will legalise what the Lagos state government is doing in the rail sector, allow private investors to commit funds with confidence and embolden other states to invest in rail infrastructure.
This, and the PIB will be major game changers in blowing up Nigeria's economy -- throw in amendment of power regulation (especially transmission), and amendment of the archaic tenders and procurement laws.
fiizznation: [s]Proceeds of the sale of beer? Do you even have any idea how VAT is generated from the sell of alcohol? Most of you are just good in yapping nonsense even when you don't have the slightest idea about what you are saying.
There is absolutely no society that is free from bad eggs. People abused drugs doesn't necessarily mean it is a good thing. Of course when you are caught abusing drugs, the state anti- drugs institutions deal with such person.
You think taking alcohol is good doesn't necessarily mean kano people love it. Stay on your lane and mind your business. Nobody in kano will raise any shoulder if the people in your state choose to sleep in alcohol.[/s]
Rabat – Saudi writer Abdullah bin Bakhit, has claimed on Monday that no verse in the holy Qur’an forbids alcohol, adding that the Qur’an doesn’t even mention the punishment over drinking alcohol.
“I did not find anything in the Holy Quran that forbids alcohol. And there is no punishment too,” Abdullah bin Bakhit wrote on his Twitter account on Monday.
[2:219]: "They ask you about intoxicants and gambling: say, "In them there is a gross "ithm" (sin), and some benefits for the people. But their sinfulness far outweighs their benefit."
Moderation is what both the bible and quran call for . . . alcohol has tremendous health benefits when taken in moderation, especially red wine.
The laws are mostly for the poor followers since the clerics believe they probably have smaller brains to apply caution.
To each his own, but stop taking VAT money from 'haram'.
SuperS1Panther: ............. and the state is sharing out of VAT generated from booze? Hypocrisy at it's best.
Miyette Allah of herdsmen, if Kano can have hisbah police, Ekiti too has the right to have Herdsmen Brigade and other states can have any form of security outfit to rid their states of crimes and social ills.
The same hypocritical people did not see anything bad in kidnapping girls and forcefully marrying them.
davidif: No, what I mean is that the Bihar I administration is so unprofessional and bush league it's not even funny. It's so sad that in a country of 150 million people we can't find people with administrative skills who know how to run institutions instead we are stuck with this motley crew. Nigeria deserves better.
In other parts of the world before you can borrow money from the bank you have to present a detailed business plan and show how you intend to make money before your loan can be approved. They don't just hand out money like that. This are professional organizations. They need to know how you are going to pay them back after all they are not a charity.
And you think even a local government won't be able to do this? BTW, not all the loans will be coming from foreign institutions of lending.
'Blueprint' here means their own blueprint -- their terms.
davidif: hahahahaha abi o. There is a reason they call them the lender of last resort hahaha. Its where you go to when your nation has hit rock bottom. They take you when no one else will Chei!
Its like payday loans over here, they are all over the hood. They are for low income and what people regard as less than credit worthy (sub-prime).
On a serious note, its sad that it had to come down to this that we have to go to Shylock to borrow money knowing full well that he is going to extract his proverbial pound of flesh from you to get there money back.
modath: I honestly do not understand these people, they are not hungry, they are far from being unattractive..Heard Zahra sef dey plan to become wife no 3 or 4 sef...
B1abiastate: [size=28pt]so nnamdi kanu wife is wrong. they are from cameroon. if she does not like nigeria, she can relocate to cameroon. If she does not like nigeria, she can relocate to cameroon, her country of ancestral. This is why there can not be a referendum . [/size]
kcnwaigbo: [s]Lolz where will the oil and gas that will be refined come from? Don't make me laugh too hard please.Shebi Kadunna has a refinery? Is it still getting supplies now?[/s]
Originalsly: [s]Hmmm..... $2.6 B foreign investment. What are we gaining from this?...500k jobs and bragging rights? What's in it for the foreign investors?...is the port in our interest or their interest? Free Zone...sounds nice..but what exactly is a Free Zone?...it's like an industrial Embassy...where the laws of the land (Nigeria/Lagos) do not apply....many foreign industries set up in this area..... import raw materials...exploit the cheap abundant labour force... and export the finished products. A deep water port is needed to make this possible. Free Zone.... 1000 hectares of Nigeria being proudly handed over to the exploiters foreign investors and here we are beating our chests and shouting. ..a welcomed development. History has a way of repeating itself.... and in this case...at the same place..Badagry....before they came with trinkets in exchange for our people... now we are inviting them back for our land.Off of our feet they took the chains....now it seems they put it on our brains[/s]
Abbeyme: Actually, for fraudsters, physical cash movements is more secured than wire, but the latter is preferred for cross-border transactions.
If it were done by bank transfer, I wonder where the paying banks fund the payments unless they involve CBN, who in turn would want a regulatory report.
The best in this respect is to give the cash directly to the consuming recipients through their own existing party and affiliating structures.
LordAdam: [s]Income generating projects/infrastructure are another way to siphon money. Who would give out the contract, who would carry out the contract, who would supervise?
Before you invest so much in infrastructure, you first ensure there is accountability.
The cankerworms are still in government and even the government is headed by a man who can't see beyond his nose.
That is why we have nothing to show for the N11.3T already released. It is exactly why we will have nothing to show after borrowing the N9T.
I only sound an alarm when shi* is about to hit the fan.
I did it before the election. When Buhari started his selective anti-corruption campaign. When he delayed ministers for 6 months. And during the budget fiasco.
It is happening again. We would regret giving this man the opportunity to borrow this much. [/s] -Lord
LordAdam: [s]From all indications, utilization is zero.
Jonathan signed the 2015 budget in May 2015, the same month that he left power.
The 2015 budget was 4.5 trillion naira.
In December 2015, Senate approved 0.57 trillion naira supplementary budget. In total, Buhari received N5T in 2015.
In 2016, he has already signed a 6.3T naira budget, and already sent a 1T naira supplementary budget.
So, please tell me, how has Buhari UTILIZED N11.3T in 17 months to warrant your blind optimism.
I understand how educated people can be so daft.
This is the same way you guys trumpeted him as Nigeria's solution when he showed no sign of deserving such support when he did nothing to improve himself in 30 years.
Now, he has squandered N11.3T for nothing. Save the N150b monthly wage bill (N2.5T in 17 months) and the less than N400b budgeted for the legislature and judiciary, what did Buhari use N8.4T for?
At an average rate of #252/$1 (199 + 305 / 2), N8.4T is $33.3b.
If the man could not utilize $33.3b effectively, how do you justify handing him $29.9 in borrowed money. This is besides the at least $45b we would earn in the next two years.
You don't fix a broken bucket by leaving the tap open.
In fact, the Senate should urgently pursue a bill to fix a fiscal ceiling, else it will be decades before we would be able to recover from the heavy indebtedness.
Buhari and his corrupt cohorts are using the recession as an excuse to loot our commonwealth like never before in Nigeria's history, while not even leaving anything tangible.
Every PDP administration left something tangible even with the institutionalized looting. By comparison, the APC administration has thrown caution to the wind. It is as if they have the feeling they may not come back, and so they're siphoning money brazenly through all available openings in preparation of 2019. So that even if they fail in 2019, they still have a large payday to take home.
And it's working because people like you are too blind to notice sodomy even when the d*** is inside your rectum.
All they have to do is distract you with an exciting news story every week, while they keep blasting our commonwealth to the smithereens.
I'm sick of this. Because when push comes to shove and the collectors come for the repayment of their loans, you can bet your balls that it'd be subsidy removal (yup there's still subsidy), increase of tax, vat, etc that would be used. They'll probably sell our Nat'l assets too, if they've not auctioned them already by then.
And in those days, I hope you'll find the voice to explain to your kids and dependants on how you let a senile, dull retired-general without an SSCE certificate and his band of purposeless thieves do you over, while you concentrated on phantom corruption cases and terrible lies.
If you were even part of the people looting the economy or eating the largesse via ricetivism or needless appointments, I wouldn't be as annoyed as I am with you now.
At least PDP supporters know the administration stole, but left something. APC renegades don't know they're being f****d, don't want to accept they're being f*****d after someone else shows them the used condom, and will never take a moment to even consider the thought.
The Minister of Budget and National Planning, Udoma Udoma, said the plan would be funded majorly through a number of sources, namely sale of some national assets and advance payment by joint venture operators for license renewal[/b]s.
[b]Other sources included infrastructure concessions, use of recovered funds as well as long term, low interest loans to bridge funding gap.
The Minister of Finance, Kemi Adeosun, had also said as part of an external borrowing plan approved by the Executive Council of the Federation, the government would borrow cheapest available monies to fund key ongoing projects.
Borrowing should be restricted strictly to income generating projects/infrastructure!
All other social, and whatever adjuncts should be removed (way to siphon money)!
At emboldened, how is that part of conventional borrowing, and at the 'at cheapest rates', how is 15% and above 'cheapest rates'? That should be some typo I guess. Any borrowing above 1-2% interest rate -- I strongly DO NOT approve.
This is just what the Dr. ordered for Nigerian roads, no long thing, no 'effizy', nice lift, practical tires, practical clearance -- I hope it is durable though.
Max24: [s]To answer your question, an Asian bank bigger than the biggest bank in Nigeria just appointed her an advisor to the bank inspire of the blackmail of mismanagement acussations from uninformed Nigerians like u. Or are u better informed about headhunting than an Asian bank ? Or you think say na Zenith we dey talk about ? Nigerians need to be better educated[/s].
[s]As long as you people come cap in hand to share from proceeds in the sale of natural resources from my region, I reserve the right to ask what your governor is doing with the money. If you don't want my ilk to ask your Governor what he does with his states allocation, then refrain from sharing in the sale of oil.[/s]