₦airaland Forum

frakdon:
you makes, no sense here, well, that your opinion......

It's above ur pay grade.. Show me a bus driver at Oshodu who falls in love with a company secretary in Banana Island, then i.e. I'll explain this to u...

frakdon:
hmmm! Just don't tempt me, because if you do, I'll go get back my magic wand, with it I know how to melt your heart,trust me..maybe, you were unfortunate with love, sometime ago, but love does exist, I mean true love, does exist, 1 can only be prayerful to find 1,be ready to live for others, you know what I mean? except of course, you want to remain single your whole life?
by the way, you have no other option, but to make it look real, with your imagination,because, at the end what you get maybe better than, what you wanted..

Story.. Romantic love is never an altruistic endeavor.. Everyone comes with selfish insterest hoping to give up something in consideration for something better..

mrphysics:
The presidency is very correct. it is crystal clear, visible to the blind, audible to the deaf. For the last 16 years, we failed to diversify our economy.


thank God for this administration. Let's empower agriculture and technology.

And Audu Ogbeh was a PDP national chairman??

PentiumPro:
Stop your evil ways.
Miracle examination center.
Miracle baby center aka baby factory.

Show us proof that ur state leads in ICAN, COREN, Law School or keep ur mouth shut. Btw, do you really have anything to show that SSCE results aren't the minimum standard for higher education entrance in Naija??

GworoChewinMaga:
And what is stopping you from doing same on your own?

Pakistan is David while Naija is Goliath when it comes military hardware and intelligence.. Time to shove ur empty arrogance down ur throat. Greatness is an action not a word!!

Arrogant display of idiocy!! Pakistan has built nuclear arsenal from nothing.... Just their military hardware industry is going to make Nigeria look like Goliath.

BishopMagic:
If you or any of your relatives or family members have one of those toxic mosquito nets donated by Bill and Melinda Gates foundation that causes serious burning sensation and rash when used, I urge you to get rid of it!

Dashing arrogant idiocy from the reservoir of ur abundant stupidity.. What does Bill Gates derive from reducing a brainless population like urs? Manufacturing lunacy since 1900.. The rich are getting richer while poor are having more babies; thinking strength is in numbers

DiademSh07:
It's still the indigenous people's right to the land and recognised by the govt!

My fren, right to occupy is different from right to own.. Govt holds the ace on later!'

DiademSh07:
Whatever land needed to be used by the govt, the govt provides alternatives for the indigenous people of such land! That happened in Abuja et al!

So it can said that u don't have inalienable to land.. Govt cab relocate and compensate, but u can't say this land was given to me by my great great grand father, therefore I shall stay.. An Act of 1978 , overrides what was given to u in 1900..

DiademSh07:
Even then, the law states that the indigenous people has right to the land which would be acknowledged by the govt!

You have rights of occupancy as authorized by the governor.. Even ur family land might one day be appropriated by the govt.. Govt recognises that u have to rights occupy, but govt is the landlord

LadyExcellency:
Your submissions relates to a situation where the said land is needed by the Government for a particular purpose and has no effect on the legality of land ownership by individuals, families and respective communities. Even Tompolo facilitated the sale of community land to FG which is a debate for another day.

Moreover, the argument above is just secondary.

Is Lagos State a Yoruba land according to extant laws of Nigeria?

Land Use Act only recognises States not tribes and therefore grants governors sole authority over land..
Are u saying that community or family rights trump that of a governor in relation to land acquisition?
Also, section 1 of Land Use Act, stipulates that individuals cannot own freehold interest in Land in Nigeria.

Knows his craft.. Someone told me a couple of weeks ago that he's the most sought after lawyer in Naija and charges his clients in foreign currencies..

LadyExcellency:
Stop confusing yourself from alternate perspective. You just corroborated what I opined.

Read the constitution to understand land tenure system before debating out of context.

Is there any C of O from the Government for your communal land?

Now, the question is, do we have tribal or a secular State belonging to one particular ethnicity in Nigeria?

In Nigeria, the State belongs to its citizens and not to tribes-people, be them Yoruba, Tiv, Igbo, Fulani or Ijaw.

There is nothing like Yoruba land in Nigeria and can never be until the constitution is amended to accommodate such obnoxious definition.

You are getting it twisted .. Land Use Act of 1978 only conveys rights of occupancy. The Act vests all land in the hands of governors with the exception of federal govt land. Governors are vested with the power to grant " statutory rights of occupancy" in urban areas while LGAs are granted "customary rights of occupancy " in rural areas.. So even though your village/family/community doesn't have C of O, it's the govt that grants right of occupancy and has the right to appropriate such land for its use.. Abuja was once a community/village/family land but FG took over it and sold it to individuals and assigned C of O..

Rich4god:
Go read up about Libya before the fall of Ghadaffi, then come and show me one African country that was able to cater for her citizens like Ghadafi did....

Have you seen/noticed how indians and some foriegners treat us in our own country... Am sure that shit cant happen in Zimbabwe...

Tell me about Zimbabwe!! How come Libya wasn't the best country in Africa? How come Ghadafi invested in France and EU?? How come Libya wasn't like Qatar and UAE??

LadyExcellency:
Which sacred, individual or communal land get C of O that is valid for 99 years?

Does your family land possess C of O that expires in 99 years?

When you sell your inheritance, it's gone. Individuals and communities issue buyers with "Power of Attorney" and not necessarily C of O because they are not the State.


There is nothing like tribal/ethnic land recognized anywhere in Nigerian constitution and laws.

Even ur family land technically belongs to the govt.. So just ASO Rock land was once owned by a community/family, town, but the govt has right of way and can pay compensation to the affected family..
BTW, it's the govt that issues C of O and recognses deed of assignment or power of attorney.. C of O or power of attorney doesn't convey ownership in its entirety, but occupancy with rights and privileges.
So govt is the landlord that gives u right of occupancy -C of O

babadee1:
This is not a well thought out question because you are making the wrong assumption that there is any equivalence between a piece of land, its surface structures and the natural resources under that same land. In other words, it is possible for one person to own the land and another person to own what is underneath the land. For example, according to Nigerian law, a person can buy a piece of land today and have a valid C of O or legal title deed. But if oil is found in that land tomorrow that oil automatically belongs to the federal govt, the owner of the land cannot legally lay claim to the oil even though they are the rightful owners of the land.
In other countries the law may be different. Indeed in the US, each state gets to enact its own laws governing the ownership of lands and their natural resources. As a general rule, in the US the owner of a piece of land whether private or government also owns whatever resources lie underneath that land. In some states a different person or institution can claim ownership of oil or other natural resources found at varying depths under the land. So one person can own anything found up to 500 ft below ground and another person can lay claim to what is found between 500 ft and 1,000 ft below ground and so on.

Point of correction: no one owns land out rightly in Naija. U r given a C of O( certificate of occupancy not certificate of ownership) C of O lasts for 99 yrs

A thought-provoking piece laced with humor!!

Junk journalism or propaganda $1tn when Naija total GDP is about $500bn??
If Everthing in Naija is looted, it would amount to about $500bn, how come $1tn was looted from Naija for 12 yrs?? What's going on with GMB and his ministers? Why can't they cross-check numbers??

jusRadical:
And salaries cost N4.2tri? Did pmb increase wages? Has he employed more people? That is did he double the workforce?

Does it not look very stupid for one to spend N4 when he was earning N5 and plans to spend N6 when his income dropped to say N4?

Common sense means nothing to those gullible folks

Obiagelli:
Yeah yeah paying salaries is partying.

Numbers don't mean anything to u guys, but salaries are part of recurrent expenditutre and were factored in 2015 budget . So why is the govt increasing recurrent expenditure with the same workforce ??

Obiagelli:
My goodness all the borrowed money going into capital projects. How many times will i say this?

What a warped reasoning. So in 2015, the budget budget was N3.9tn with recurrent and capital budget factored in, now GMB will spend N4.2tn on recurrent expenditure and go around shopping for N1.8tn for capital project. This is like having N39k in account and you around throwing parties that would cost N42k and then you around borrowing N18k to fix leaky roofs and plumbing in ur house. " Don't tell me what you value, just show me your budget and I'll will tell you what you value" Joe Biden.

Obiagelli:
Government is borrowing N1.8 trillion not 2.4trn, there is a reason for aggressive push for IGR, stamp duty is one of them

Let's stick to ur number- if N1.8tn is borrowed, only N600bn would be for capital project while N1.2tn will be chop money for Politrickians-- this is pure madness!!
Mind u 1.8tn was oil benchmark was pegged at $37/barrel, now it would be something like $25/barrel, which is going to force govt to borrow additionally to bridge the gag btw $37-25=$12. Govt needs more money now!!

Obiagelli:
It got to 40% under Obj kudos to him but a certain slowpoke (rip) and his drunkard took us 10yrs backwards. In any case it took Obj 2terms to achieve this.


Even after reading that the loans are tied to specific project, you still came up.this crap.

Just btw, what was the value of the naira in 2014 compared to 2016. calculate the budge in dollars and see for your self.

You are bereft of how budget works.. Those projects are part of his 30% capital expenditure.. If he's borrowing N2.5tn to fund capital projects, that would mean that capital projects are over 40% whereas govt id proposing 30% on capital projects.. Your numbers don't add up.
Btw, dollar to Naira conversion is N197 and it has no effect on the budget.. A reminder that Naira has lost value againt $ by 40% since last May.

Obiagelli:
It got to 40% under Obj kudos to him but a certain slowpoke (rip) and his drunkard took us 10yrs backwards. In any case it took Obj 2terms to achieve this.


Even after reading that the loans are tied to specific project, you still came up.this crap.

Just btw, what was the value of the naira in 2014 compared to 2016. calculate the budge in dollars and see for your self.

Keep yapping and being selective in ur responses. It was around 40% under Obj without borrowing and increasing national debt.
It was 31% in 2013; 24% in 2014; 18% in 2015-all without borrowing and doubling national.
But GMB is borrowing to fund recurrent expenditure. He's increasing the already bloated FG expenditure by 70%..

Rich4god:
Did you just ask what Ghadafi built? Seems like you don't know that Libya was the best African country in terms of amenities and standard of living... But the west through the support of its some of its myopic citizens pulled him down. Now, even Chad us better than them.

Best in Africa in term of what? Best hospital and universities?? Why did sons study in UK and US? Even one of his sons established scholarship in a UK university
Btw, don't pick abs choose! Tell us Mugabe's achievements in making Zim the best country in Africa

Obiagelli:
Capital expenditure for 2015 was 8.9%, you miraculously omitted that from your analysis. Something has got to fill up 21% increase in capital expenditure.

Loans and oil are not the major source of funding this budget.

U aint debating a dummy, try again

GMB increased the size of budget to 64% from 3.9tn in 2015 to 6.0tn in 2016 by borrowing ie N2.5tn. Capital budget is restored to 30%, really?? It was around 37% during OBJ time when National budget was around N2tn. So GMB is borrowing to fund recurrent expenditure??
Another profligate budget... 30% capital budget is peanut compared to 2013 when it was about 31%; it was 24% in 2014 ; 2015 is about 18% -- all these when the national budget was less than 4tn. Only 30% of 2.5tn borrowed funds would be used for capital projects which means for every N100 borrowed, N70 is for "chopping" money for politicians and their cronies while N30 would be for capital projects. -N750bn would be used for capital projects while N1.75tn will be "chopped" by politicians, mind u neither federal minimum wage nor workforce has increased to warrant FG to add 1.7tn to already bloated FG's recurrent expenditure.

Guyman02:
Stop watching too much CNN and Aljazeera, it gets people like you brainwashed from reality.
What do you know about the kind of sanctions placed on Zim to the extent that cholera devastated the country and they couldnt import drugs because the west wanted an uprising by the citizens and dont care if the die like was done to Libya.
It is just now that farm implements are being imported from China who are they key buyers of crops like tobacco and other perishables banned by a gang up of the western Whites and Pink noses.

What are u watching? What have your demigods like Mugabe and Ghadafi built? Mugabe daughter studied in Singapore and lived in a $10m penthouse when her country folks live in poverty and crossibg to RSA for food??
While Mugabe goes around blaming the west for all African problems, but still drives West-made cars; wears west-made suit; lives in a palace all decorated with western furniture and tapestries.. Wear Rolex and Patek watches.. How come universities and hospitals in Zimbawe aren't the best Africa??

U

Rossikk:
He did not run Zimbabwe aground. He saved Zimbabwe from eternal slavery to minority whites. Zimbabweans now own and cultivate their land, unlike the situation before, when a few whites cornered everything for themselves, and the blacks had to rent small, unfertile parcels of land from them to farm. Mugabe put a halt to all that. How many Africans owned land in Europe? he asked. The west imposed harsh economic sanctions on Zimbabwe for what they claimed was Mugabe's breach of the whites' 'human rights'. Zimbabwe suffered greatly from the sanctions but is now recovering slowly, with China an important ally. Most importantly, the people now own the land. Mugabe is an African hero of the first order.

Go and live Zimbabwe.. He has sent millions of Zims to S/Africa as economic refugees.. Btw, S/A is taking care of ZIM refugees abd supplying ZIM with electricity and paying some ZIM bills while Mugabe is still talking and blaming everyone but himself. RSA is doing all that with money raised in their country by not running their country aground unlike in Zimbabwe

Obiagelli:
Borrowing isn't the biggest source either. Try again

You went from
3.9tn in 2015 to 6tn in 2016 and about 2.5tn will come from borrowing. You are increasing the national budget by more than 50% through borrowing..
Meanwhile capital budget is still pegged at 30%
Please we aren't mathematically challenged. Pls try and sell this dummy to follow-follow partisan brigands

Good luck. One of the prestigious companiES not CompaNY...

Obiagelli:
Oil is not even the biggest source to fund the budget, try again

Keep deluding urself. Borrowing is a greater part of the budget, but its financing and repayment are to be made from oil proceeds.. Borrowing is not a source of income!!

So it's all about oil?? Naija exists today because of Oil!!