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Both men are on their way to South Sudan. |
Both men are on their way to south Sudan. |
PDP why? GEJ has accepted defeat and congratulated the winner, why will PDP refuse to sign the final result sheet. Shame on you guys. |
OP, you need your brain scan for virus. GMB never said he will make Nigeria ungovernable. Lawal Kaita of PDP made that statement. Below are his full text He said: “It is becoming apparent that the recent replacement of Service Chiefs is part of President Jonathan’s plan to use state apparatus to scale the 2011 presidential hurdle. “Anything short of a Northern President is tantamount to stealing our Presidency. Jonathan has to go and he will go. Even if he uses the incumbency power to get his nomination on the platform of the PDP, he would be frustrated out.” Kaita, founding member of the Peoples Democratic Party (PDP), and close ally of former Vice-President Atiku Abubakar, warned that the North should not be blamed for the calamity that will befall the country, if Jonathan emerges President next year. He said: “The North is determined, if that happens, to make the country ungovernable for President Jonathan or any other Southerner who finds his way to the seat of power on the platform of the PDP against the principle of the party’s zoning policy. “Feelers from the South-South clearly show that the North is not the only region that is outraged over the situation. The South-East is there grumbling and the South-South, his (Jonathan) geo-political zone, he is not sure of their support.” Reacting to the general thinking that the minority and Christians in the North are backing Jonathan, Kaita said it was a wrong assumption. He said: “What you may call Northern Christians are concentrated more in Benue State where they may constitute about 90 per cent. In Plateau State, if you study that carefully, the Christian/Muslim population is 60 per cent for Christians, 40 per cent Muslims, so Plateau State is not an entirely a Christian State. The only state in the North that is substantially a Christian community is Benue State.” Nigerians, he said, should be concerned over the prevailing political situation in the country because the North will not accept any government founded on any fraudulent foundation, which, he stressed, would definitely crumble, pointing out that “it should be seen by all as a stolen mandate that must be retrieved by all means”. Kaita expressed displeasure over the event in Owerri, the Imo State capital, where the meeting of Igbo leaders was disrupted by security agents, saying such an action simply demonstrated dictatorship and disorder, “an indication that there is danger in the country”. While recalling that he moved the motion in 2002 for the retention of zoning that gave former President Olusegun Obasanjo a second term mandate, Kaita said Jonathan did not say the truth over his comments on zoning, stating that he (Jonathan) was physically present and voted at the caucus meeting as he represented Bayelsa State as the deputy governor then. To him, the motion for zoning was principally for power shift “which is the presidential power. That was the essence for the zoning, all other offices were to follow”. “Just for the sake of power, Jonathan has turned to something else, its very bad and he is losing credibility for this.” Kaita, however, said he was happy that some notable Northerners, such as former military President, General Ibrahim Babangida (rtd); Atiku; former Head of State, Major-General Muhammadu Buhari; former National Security Adviser (NSA), Lt-General Aliyu Gusau (rtd) and a few others are in the race to represent the interest of the North. |
Being patient is a good virtue, GEJ has that. He has been standing there for over 15 minutes. Mama peace and GEJ mother sitting down waiting for accreditation. Mama peace keeps clearing an imaginary sweat from her face. Is this a conspiracy or lack operational no how of the card reader? |
President Jonathan and mama peace cannot be accredited in their polling unit. Card reader seems to be failing, he has been standing waiting to be accredited for over 10 minutes. Live on Channels tv. |
"The New York Times, one of the greatest and most influential institutions in the world, has described President Jonathan as a lousy president. Christiane Amanpour described Jonathan as a failed head of state. The Economists magazine described the Jonathan government as a failed regime. General Theophilus Danjuma says Jonathan is rewarding crime and encouraging more people to go into it. Senator McCain says Jonathan’s government is practically not existing and therefore America should just help Nigeria. Hilary Clinton says Jonathan is running a government that is supervising the siphoning of Nigeria’s resources. This is the verdict of the world and there is no hope again for President Jonathan and PDP in 2015". Share, share, and share again to all Nigerians... Lets pray well for the betterment of our dear country...CHANGE |
"The New York Times, one of the greatest and most influential institutions in the world, has described President Jonathan as a lousy president. Christiane Amanpour described Jonathan as a failed head of state. The Economists magazine described the Jonathan government as a failed regime. General Theophilus Danjuma says Jonathan is rewarding crime and encouraging more people to go into it. Senator McCain says Jonathan’s government is practically not existing and therefore America should just help Nigeria. Hilary Clinton says Jonathan is running a government that is supervising the siphoning of Nigeria’s resources. This is the verdict of the world and there is no hope again for President Jonathan and PDP in 2015". Share, share, and share again to all Nigerians... Lets pray well for the betterment of our dear country...CHANGE |
babyosisi:The was a true pix of situation yesterday in Abuja. Almost all arik flight out of Abuja were delayed yesterday. For instance, passengers for Abuja to Ibadan that was scheduled for 9a.m were still at the airport by 7pm. Yola and Sokoto passengers scheduled for 11a.m., were still at the airport by 7p.m., yesterday. The most annoying part was Arik never have any explanation or even a silly excuse to the pax. Yesterday, I felt for some secondary students that were dropped off by the school bus as early as 9a.m., and were still at the airport by 7p.m., waiting for the Arik. Well as for me and other pax scheduled for 5:28pm departure on Dana airline eventually left Abuja 7p.m.. leave Abuja. Presidential movement also contributed to the delay yesterday. The air space was closed to all incoming and out going airlines because GEJ was gallivating around in the name of campaigning thereby causing untold hardship to other air travellers. It is time we tell our government to construct a dedicated airport or runways for VIP movements. |
The Director General of the Peoples Democratic Party Campaign Organisation, Chief Femi Fani-Kayode, raised a fresh alarm on Monday that the opposition All Progressives Congress was planning to mobilise Nigerians to demand a military intervention if President Goodluck Jonathan wins the forthcoming presidential election. Fani-Kayode, who addressed journalists in Abuja, said details of the alleged plot were contained in a nine-minute video produced by the APC, which he said contained ridiculous allegations against Jonathan and members of his cabinet. He also said the video exposed the opposition party’s plot to mobilise Nigerians against Jonathan’s government by pushing for a military intervention to terminate the current administration. He said, “They went as far as to suggest that when the presidential election is fought and won and President Goodluck Jonathan emerges as the winner, that the people should call for a full scale military intervention rather than allowing Jonathan to come back. “They also specifically asked for the targeting and assassination of key members of this administration and a number of its supporters in the event of a Jonathan victory in the coming elections. “We say in clear terms that the video in question and the intentions of those behind it is reprehensible, irresponsible and it is unacceptable. “We wish to take this opportunity to let the APC know that under no circumstances will we allow them to rob us of our legitimate mandate, which, hopefully, will be legitimately and freely given to the President by the Nigerian people on March 28. “We will not also tolerate any act of violence or any attempt to assassinate anybody by their agents in the event of us winning and neither will the people of this country ever allow another military intervention.” Fani-Kayode explained that the latest video, which he said was produced by a group called “APC New Video”, had been procured and secretly viewed by the intelligence unit of his directorate. The opposition, he said, had listed a number of issues and allegations, including the fact that many Nigerians were using private jets as indicative of the corrupt nature of the Jonathan administration. He said that the APC also alleged that in the last four years, the government had spent N48bn on the Presidential Air Fleet, which, according to Fani-Kayode, is a lie. The APC group, he added, raised issues about the kidnapping of the Chibok girls in the alleged video, insinuating that the government had a hand in the kidnapping of the girls. He said the video captured issues about the comments of Steven Davis, the Australian negotiator who alleged that a “friend’’ of the President, Ali Modu Sheriff, was sponsoring Boko Haram. He said, “They made all kinds of allegations, including the alleged relationship between the President of Chad, the President of Nigeria and Ali Modu Sheriff. Needless to say these allegations are baseless and they are simply unbelievable. “Again, a lot of foreign footage is contained in the video, which suggests that there is an international dimension to the production. “This confirms our fears and belief that the APC is being sponsored primarily by money from foreign countries and by agents of foreign governments that are hostile to the interest of our beloved nation, Nigeria.” The APC has however dismissed the allegations by Fani-Kayode. The National Publicity Secretary of the party, Alhaji Lai Mohammed, said, “Don’t you think that the desperation of the PDP and President Jonathan knows no bounds. “They have invested billions of naira in smear campaigns, lies, propaganda, character assassination, bribery in the name of political campaigns and all they have reaped is opprobrium and total rejection by the Nigerian people. “They continue to throw mud with the hope that something sticks. Incidentally only yesterday an online polls conducted by Premium times gave “General Buhari 89 per cent against Jonathan’s 10 percent. The credible polls both domestic and international have given the race to General Buhari the allegations against APC are baseless.” |
Dele, why will you equate a mortal man to the immortal God. No man except God can take away the sins of man. When A PC starts to equate Buhari with God, then their fall and failure is imminent. Remember the builder of titanic, when he looked at the shop and said no man not even God can sink the titanic. What happened? God did not sink titanic, because it would have been worse, it was a snow (iceberg ) that sank the great titanic. |
Smart Adeyemi, go and take care of your weeds, cocaine and heroin smoking daughter first before picking on the sins of others. |
Wastage of our scares resources. |
PETROL TO SELL AT N150/LITER-The Executive Secretary of PPPRA, Farouk Ahmed. There is a serious pressure on PPPRA and oil marketers to wait till after election before the hike up the price of petroleum product. It is all just because of election that GEJ is not increasing the price of petrol now in the face of rising dollars. Oil marketers are said to be losing billions of naira buying dollars at a lesser price to import petrol only to buy back dollars at a margin they did not make on the product. Oil subsidy thieves are not ready to let go. GEJ waited till after the last election before he gave us the new year present of petrol increase. He is going to do it again after this coming election. I don't see any new govt APC/KOWA party doing any increase because that will destroy their govt that has yet to have a foundation, but I see GEJ/PDP doing it because they are on ground already. AT N1= 155, PETROL WAS N87,landing cost of N74.35 per litre of PMS as at the close of business on Friday, January 16, 2014, the addition of distribution margin of N15.49 per litre would translate to an open market price, or pump price of N89.84 per litre.Govt still claim to subsidize N2.84 per liter, selling to public at N87. NOW WITH DOLLARS AT 225, THE PETROL PRICE IS X, WHAT IS X? 155 …….87 225……..X BY CROSS MULTIPLICATION, 225*87 =155X 225*87/155= X 21825/155 =X X = 140 With the speculative N250/dollars, you can be sure that petrol price will be well over N160, Because logistics and other inputs will increase geometrically. This is not a postulation, it is a fact. Stop GEJ before he stop us from living. If he had fixed the refinery he promised the last time and stop stealing through subsidy, I don't see any reason why petrol should be more than N50/liter. Now there is petrol in the country but marketers are not willing to sell at a loss, that is why we are having scarcity. GEJ is seriously begging them to wait till after election, because any increase now will impact his success at the poll. He has given us N10 rebate/reduction, but will be getting back N70 after the election. YOUR PVC IS YOUR POWER TO LIBERATE YOURSELF. GEJ IS GOING TO INCREASE FUEL PRICE AGAIN, ONLY WAITING FOR THE ELECTION TO BE OVER. |
owobokiri: EFCC should go after them if they have evidence(s) to proof that APC governors looted the treasury. Empirical evidence via cases in court shows that PDP government has been stealing and looting this country blindly over the years. |
We can't continue like this; PDP supporters pls prove me wrong By May 29 1999, we had 23 PDP governors, 6 AD, and 7 APP. 8 years after, this is their story: (A) PDP (23 governors) 1. James lbori - PDP Delta - in prison for looting 2. DSP - Alamieseigha - PDP Bayelsa - Ex- convict for looting 3. Lucky Igbinedion - PDP Edo - Ex- convict for looting 4. Peter Odili - PDP Rivers - In court for looting 5. Chimaroke Nnamani - PDP Enugu - In court for looting 6. Ayo Fayose - PDP Ekiti - In court for looting 7. Rasheed Ladoja - PDP Oyo - In court for looting 8. Alao Akala - PDP Oyo - In court for looting 9. Gbenga Daniel - PDP Ogun - In court for looting 10. Ikenna Ohakim - PDP Imo - In court for looting 11. Adamu Muazu - Bauchi (current PDP National Chairman) - In court for looting over N19 Billion from the state treasury 12. Joshua Dariye - PDP Plateau - In court for looting 13. Jolly Nyame - PDP Taraba - In court for looting the state treasury 14. Abdulahi Adamu - PDP Nassarawa - In court for looting the state treasury 15. Boni Haruna - PDP Adamawa - (newly appointed minister by Jonathan) - In court for looting the treasury 16. Saminu Turaki - Ex-gov. PDP Jigawa - In court for looting the treasury 17. Orji Uzor Kalu - PDP Abia - In court for looting the treasury 18. Bode Gorge was also jail for looting #82billion of NPA fund. (B). AD / AC, 6 governors None has ever been taken to court for treasury looting. NOTE:- Tinubu of Lagos was dragged to Code of Conduct Tribunal for having foreign accounts while in power against government policy of zero foreign account for public officials. He was found not guilty because he had the accounts before his election to the office of governor. Case dismissed. (C) APP - (ANPP) 7 governors 1. Attahiru Baffarawa - APP Sokoto - In court for looting (he is now in a PDP member) You may add the two ex-national chairmen of PDP, Ahmadu Ali and Bamanga Tukukur whose sons are facing multi-billion naira oil subsidy fraud charges. It's sad some senseless Nigeria still believe we do not need a change from this same PDP while they claim they can't see the difference btw APC n PDP. The difference btw them is like daylight to darkness. |
Find our presidents manifesto FAMOUS SAYINGS OF PRESIDENT JONATHAN (you can't make them up) 1. CNN has said our Economy is growing. The best Economists are at the World Bank. Now you have all these Nigerian Economists talking nonsense. Do they know better than CNN or World Bank? 2. Nigeria is not poor. Come and see the amount of private jets Nigerians parked at Kenya Airport when we went to Nairobi for Conference. Kenyans were just looking at us with envy. How can you say Nigerians are poor 3. Nigerians need jobs. Vote for me and i will create Unemployment 4'. We are giving special Scholarships to our First Class Graduates.......in ten years time, they are going to take us to the Moon 5. How can you jus say $20 billion is missing. If that kind of money is missing, the Americans will know. They know everything 6.Corruption is not stealing. If you put yam where a goat is, the goat will eat the yam. 7. If you go to Lagos and shout "ole ole" they will stone you well well. But if you shout "corruption", people will jus be looking at you. 8.Why should i declare my assets? I don't give a damn! 9.People are just raising false alarm. How can 200 children go missing jus like that? It is our enemies trying to cause confusion. But we are investigating the matter 10. We are going to rebuild the Chibook school. And we are going to build high fences round the school to protect them next time . Yes Yes. 11. People keep saying,why don't we go to Chibook, why don't we go to Chibook. Aaah, we can't go to Chibook jus like that. The Boko Haram people will fire at us. 12. This Abuja bombing is not by MEND. We know it is by Boko Haram. They are everywhere. Boko Haram is even in my Government. 13. Boko Haram are our siblings. You can't set the Army to go and wipe out your family 14. Mend tried to kill me. They came to bomb me in Abuja. That is why we jailed Henry Okah in South Africa 15. I did not plan the Election postponement. Even my Service Chiefs did not consult me. 16. If i knew Election was going to be postponed, why will i waste my time and Federal Government money to go and campaign in Bayelsa. 17. I am the Commander in Chief of the Armed Forces. You don't expect me to go and be fighting in Sambisa forest. People jus talk anyhow. 18. We are going to buy Guns and give good Pensions to our Brave Soldiers, so that when they are killed, their families will not suffer 19. Some people jus call themselves Statesman for nothing. They jump about and talk like motor park touts. 20. After God and my Parents, the third person i thank most for my life is President Olusegun Obasanjo. 21. I want to apologise to the people of Rivers State for not bringing any Projects here. It is because i don't want people to say i am doing favouritism. Vote for me and in the next 4 years you will see my hand 22. I am the sitting President. If there is any trouble, it is me that the United Nations Secretary General calls. Everything is on my head. 23. May 29 Swearing in Day is sacrosanct. Definitely, a new President will be sworn in on that day........and so on and so forth. PS :#VoteOutPDP |
University Of Nigeria Department Of Corruption : 2015 SESSIONAL EXAMS POLITICAL MATHS: MTH 419 INSTRUCTIONS:- All questions carry equal marks; Time- 1hr; Show ALL Workings: 1. If ACN + ANPP + CPC = APC and EFCC + ICPC + NPF + GEJ + JEGA = PDP Find: a. Using Pythagoras theorem, prove that PDP > APC; b. i. Using Almighty formula where JEGA is constant, what is the power value of PDP? ii. If Tinubu and Buhari remain constant and Okorocha varies, what is the coefficient value of Oshiomole in APC? c. If PDP is constant, what is the remainder theorem of rigging coefficient? [Given that Pi = 16 > 19 & 7>19] d. Use the Do or Die theory to explain the possibility of Atiku not sincere with the APC's primary; e. Will GEJ ever agree to drop his 2015 agenda?; If yes, how and if not, give reasons. YOUR EXAMS TIME HAS STARTED NOW... GOODLUCK!!! ***NOTE:- You need to have PATIENCE and always remember that "THERE IS GOD OHHHH". |
deletrue:Fayose you are pathetic liar. There is no Cavendish street within 50 mile radius to Cavendish square. What you have within the Cavendish square is called Old Canvendish street by Oxford street and there is no single hospital located in Old Canvendish street. Fayose and his goons should please name the hospital. Let's stop play politics of sickness and death. |
Can fayose name the hospital in Cavendish. If he can't name the hospital, he is a liar and disgrace to those that elected or rigged him into office. Fayose, will soon make history as the first elected nigerian governor to be elected twice and impeached twice. |
Cosmas Maduka, whose auto dealership, Coscharis Motors, was involved in a shady car purchase deal by former Aviation Minister, Stella Oduah, apparently tried to offer Pastor Tunde Bakare of the Latter Rain Assembly a Rolls Royce Phantom during the pastor’s 60th birthday celebration, SaharaReporters has learnt. Coscharis Motors had presented invoices to the Nigerian Civil Aviation Authority (NCAA) claiming to have supplied two bulletproof BMW cars for the use of Ms. Oduah at the cost of $800,000 per car. Mr. Bakare, a fiery pastor who was a former vice presidential running mate of Muhammadu Buhari, told his congregation in Lagos that he woke up early one day during the commissioning of a new branch of his church to find the expensive luxury car at his doorsteps. He said he rejected the gift, stating that his interest was in good governance, adding that it would have been unconscionable to accept the car while a majority of Nigerians continue to wallow in abject poverty. In his talk to his congregation, Mr. Bakare described the rebuffed car gift as well as the luxurious nature of the Rolls Royce Phantom. “I was sitting at home one day and they brought in a brand new 2015 Rolls-Royce into my house. My 60th birthday was coming,” he said. “I looked at it, kai! This is awkward. When you open your car, your door goes this way, its own door goes that way. It clears the way so that there is nothing blocking your way. “I saw a button. They said, ‘It is an umbrella, sir. It is on every door in case it is raining, you just push it and the umbrella comes out.’ I said: Na wa o. Then I said: Oya, leave this place. “Where is the road that I will ride it upon? My heart is not in things like this. I asked my son to take a photograph of the brand new car as a proof,” the pastor stated. SaharaReporters confirmed from a source close to Mr. Bakare that the car came from Coscharis Motors. However, we could not ascertain whether it was an attempted gift from Mr. Maduka or whether someone else had paid the dealership to purchase the Roll Royce for the pastor. http://saharareporters.com/2015/02/03/coscharis-motors-attempted-bribe-pastor-bakare-rolls-royce-phantom |
Cosmas Maduka, whose auto dealership, Coscharis Motors, was involved in a shady car purchase deal by former Aviation Minister, Stella Oduah, apparently tried to offer Pastor Tunde Bakare of the Latter Rain Assembly a Rolls Royce Phantom during the pastor’s 60th birthday celebration, SaharaReporters has learnt. Coscharis Motors had presented invoices to the Nigerian Civil Aviation Authority (NCAA) claiming to have supplied two bulletproof BMW cars for the use of Ms. Oduah at the cost of $800,000 per car. Mr. Bakare, a fiery pastor who was a former vice presidential running mate of Muhammadu Buhari, told his congregation in Lagos that he woke up early one day during the commissioning of a new branch of his church to find the expensive luxury car at his doorsteps. He said he rejected the gift, stating that his interest was in good governance, adding that it would have been unconscionable to accept the car while a majority of Nigerians continue to wallow in abject poverty. In his talk to his congregation, Mr. Bakare described the rebuffed car gift as well as the luxurious nature of the Rolls Royce Phantom. “I was sitting at home one day and they brought in a brand new 2015 Rolls-Royce into my house. My 60th birthday was coming,” he said. “I looked at it, kai! This is awkward. When you open your car, your door goes this way, its own door goes that way. It clears the way so that there is nothing blocking your way. “I saw a button. They said, ‘It is an umbrella, sir. It is on every door in case it is raining, you just push it and the umbrella comes out.’ I said: Na wa o. Then I said: Oya, leave this place. “Where is the road that I will ride it upon? My heart is not in things like this. I asked my son to take a photograph of the brand new car as a proof,” the pastor stated. SaharaReporters confirmed from a source close to Mr. Bakare that the car came from Coscharis Motors. However, we could not ascertain whether it was an attempted gift from Mr. Maduka or whether someone else had paid the dealership to purchase the Roll Royce for the pastor. http://saharareporters.com/2015/02/03/coscharis-motors-attempted-bribe-pastor-bakare-rolls-royce-phantom |
Having pressured INEC to postpone Nigeria’s general elections by six weeks, President Goodluck Jonathan and his inner circle of political operatives are focusing on new strategies to counter the groundswell of opposition to the incumbent president and to snatch the elections, a few high-profile sources have disclosed. One such strategy is to use huge funds put aside by Petroleum Minister Diezani Alison Madueke as well as donations from refined fuel importers and private operators of power distribution companies to buy up permanent voter cards in the states where Mr. Jonathan and the ruling PDP are most unpopular. One of the sources stated that increasing public backlash and fear of the unknown had pushed Mr. Jonathan to accept that Nigerians are determined to have elections. Consequently, said the source, the incumbent president has abandoned original plans to scuttle elections altogether in order to form a so-called government of national unity presided over by him. “He [Jonathan] knows that there is no option now than to allow elections to hold,” said the source. He added that the president would assure Nigerians of his preparedness for election at a choreographed media parley scheduled for later today in Abuja. Other sources revealed that Mr. Jonathan and his handlers would focus on healing rifts within the ruling party in order to present a united front that would make rigging more possible. For example, the president’s associates are expected to push to resolve the internal crises bedeviling the PDP in Adamawa and Taraba States. In addition, the president is planning to reach out to the governors of Enugu and Bayelsa to mend fences with them. One source said the six-week postponement of elections has helped Mr. Jonathan to “soften the chairman of the Independent National Electoral Commission (INEC), Professor Attahiru Jega.” He said the president’s team now feels confident that they can have their way with some INEC officials, including Mr. Jega, as the PDP fine tunes its rigging strategy in some key states. One INEC source said that, despite postponing the elections to serve Mr. Jonathan’s wishes, Mr. Jega had so far received little or no cooperation from the military high command. “They [the military] are not giving Professor Attahiru Jega the necessary assurance of security support to hold the election. We think that the powers-that-be have ordered the military to withhold the support until much later,” the source said. Meanwhile, one of our sources said operatives of the People’s Democratic Party intend to use the current lull to mop up permanent voter cards across Nigeria as part of a broad mechanism to rig the polls. The source claimed that agents of the ruling party were sending fronts to buy unclaimed voter cards. The cards would then be handed to ghost voters expected to help rig the election. The party has publicly stated that it is now opposed to the use of card readers for the purpose of validating legitimate voter card holders In addition, President Jonathan’s confidants were strategizing about the use of security agents to arrest, detain and intimidate major opposition figures as the elections near. One source disclosed that the arrest last week of former Governor Timipre Sylva of Bayelsa was supposed to inaugurate a wider clampdown on political opposition figures. However, the security agents were forced to jettison the plan to pick other opposition officials after SaharaReporters released an audiotape of a similar strategy used in rigging of elections in Ekiti State. The tape exposed a meeting between several PDP officials close to Mr. Jonathan, including former Minister of State for Defense, Musiliu Obanikoro, Senator Iyiola Omisore, and current Governor Ayo Fayose, and Brigadier General Aliyu Momoh. In the tape, PDP officials can be heard instructing the army officer on the arrest of APC officials and supporters. Mr. Sylva told a correspondent last Friday that he had prepared to spend the weekend at the offices of the Department of State Services (DSS) only to be told to leave a few hours after his arrest. Our sources said the logic behind the planned detention and intimidation of APC members was to keep the opposition party sufficiently distracted to enable Mr. Jonathan’s team to finalize a broad rigging plan. Part of Mr. Jonathan’s strategies, to be unveiled over the coming weeks, includes the announcement of “job creation” initiatives aimed at luring back youth voters, many of whom are vehemently opposed to Mr. Jonathan’s re-election. Our source said the president’s other deft moves over the next weeks before the elections would feature a barrage of lawsuits against some opposition figures, including Muhammadu Buhari, the APC’s presidential candidate, the release of economic palliatives, and the harassment of INEC chairman Jega by government-sponsored groups. In addition, the Nigerian military would engage in a series of military operations against Boko Haram insurgents in Nigeria’s northeast to enable Mr. Jonathan to claim that the Islamist terrorist group was on the cusp of defeat. In addition, the president and the ruling party reportedly plan to use their hefty war chest to woo a few opposition politicians to defect to the PDP. The president’s team was currently searching for a few high profile endorsements from Northern politicians, one of our sources said. http://saharareporters.com/2015/02/11/jonathan-changes-tactics-plans-mop-permanent-voters-cards |
Femi Aribisala, let the court to be the judge of that. |
Vikkie14:I will never quote a brain dead person like you, who glorifies himself in lies. Only an animal like you reacts violently when you claims are debunked. According to global fire power who ranks countries of the world yearly according to their military strength and fire power. Using 40 ranking tools such as number of active personnel and reservists, ranks, aircrafts (fighters and interceptors) helicopters, armored fighting vehicles, naval strength and coaster defence crafts amongst others, ranked Egypt as having the best military in Africa, with 5000 tanks, 1100 aircrafts including 245 Helios, 343 fighters, 390 training aircrafts and 28 mine warfare. 2nd is Algeria, has 6 submarines, 400 aircrafts, 188 Helios and so on. 3rd is Ethiopia, has 560 tanks, 780 AFVs, 180 MLRS, 81 aircraft, 39 Helios and so on. 4th is South Africa that 4 frigates, 3 submarines, 191 ranks, 1430 AFVs, 118 self propelled guns, and 240 rocket projectors. 5th is Nigeria with 363 tanks, 680 towed artillery, 1400 AFVs, 96 aircrafts, 36 Helios, 51 coaster defense craft and 2 mines warships. Some nitwit will now come to a globally visited forum and shell out lies and if his lies are debunked, he yell out threats. |
papaejima1:The country is in this precarious position because of people like who always tell the world that we are the best in this and that, we have this and we have that, yet we are far from being the third best. Only the truth and nothing but the truth will set is free and move us forward as a nation. |
Why do 90% of igbo people travel back home to celebrate Xmas and new year? The fact that the Yoruba are accommodating does not make them fools. Let the Igbos stand-up and lay claim to Lagos and you will see who owns Lagos. |
The good Lord hat frustrated the plan of Haman over Modecai and cause Haman to be hanged will frustrate your evil plans and cause your destructive plans and desire to consume you and other planning evil against this country. Enough of this senseless killing in this nation. |
Op, please stop informing the public with your lies. Who on earth told you that Nigeria Navy is the best in Africa in terms of assets and personnel? The NN cannot be matched with SA or Egyptian navy. How call you say the NN is the best yet the protection of Nigeria water ways and fighting high sea pirate were contracted to Tompolo, a militant. Who recently purchased six decommissioned warships from Norway and retrofitted them with weapons? How can a navy be the best in a continent and yet cannot secure the country water ways. Secondly, you claim that Nigeria has an armed drone. Haba, if you want to lie, please lie diplomatically. Where is the armed drone? Why haven't we see the armed drone in action in NE? I'm sure you don't know what is called armed drone. If we do have just three armed drone that can carry an hellfire missile, Boko Haram would have been history and numbers of gallant officers that died would have been reduced by 80% if not more. Op, hope you're not referring to the junk Nigeria airforce paraded some two years ago as drone. If Nigeria place that junk in a store in Nigeria no one will buy it. You will see better on to buy on Amazon. Millions of Naira was spent on that junk called drone. T-72 tanks bought from Chech Republic? That again is a political lies. The pictures flying around that Nigeria has taken delivery of the T-72 tanks can be juxtaposed that that flying around sometimes ago that Nigeria has taken delivery of attack Helios. Yet noting on ground. APC and MRPV, hope you're not referring to those assembled in Kaduna? Those Kaduna assembled vehicles can hardly withstand an AA or 50mm caliber. |
Your response on the poverty issue is deeply troubling. You accuse me of using “2011 statistics on poverty by the NBS to support his argument, while ignoring more recent figures”. At least you did not refute the NBS figure as valid. In the next sentence, Madam went ahead to note that “as stated in the Nigeria Economic Report 2014 by the World Bank, poverty in Nigeria has dropped from 35.2 percent of population in 2010/2011 to 33.1 percent in 2012/2013”. Did you notice that you have quoted two figures for poverty for the same year as being equally correct? So, for 2011, was poverty 71% (according to NBS) or 35% according to the World Bank? To the best of my knowledge, the last published household survey by NBS was in 2011. The World Bank does not conduct household surveys in member states to determine poverty incidence. So, when and by whom was the survey that gave the World Bank figures? What worries me is that this government is the first in our history to attempt to manipulate our national statistics under Okonjo-Iweala. When NBS published the poverty figures in 2011, she felt indicted and incensed. She called upon the World Bank to come and examine the ‘methodology’ and get NBS to ‘review’ its numbers. Oby Ezekwesili (as VP Africa Region rejected the call to try to tamper with a country’s statistics). Once Oby left, the ‘World Bank’ started talking about ‘new figures’, without conducting any new surveys. I was told about it by a World Bank economist, and I cautioned that it was a dangerous gamble that would damage the credibility of the NBS. If you want to ‘review methodology’, you conduct another survey but you can’t change ‘methodology’ because you don’t like the published figures. No government in our history has tried it: even Sani Abacha allowed a poverty survey that put poverty at 67% under his regime. At this rate, who will believe statistics coming from the Nigerian government again? Is it now the World Bank that sits in Washington and allocates poverty numbers to Nigeria? Something smells here! Madam alleges that the NBS—as a parastatal under the National Planning Commission (under me) departed from the ‘international standard method of poverty measurement’. How and when, Madam? I was in office at National Planning for 11 months from July 2003 to May 2004. A poverty survey was conducted in 2004 and the results computed and published in 2005/2006— more than a year after I had gone to the Central Bank. Or perhaps, it was a clever way to divert attention from your manipulation of published economic statistics. The NBS published its poverty data in 2006 when you were Minister of Finance, and you did not question the ‘methodology’ because the figures looked good. In 2011, the poverty numbers (using the same methodology as in 2005/2006) indicted the government and suddenly, the ‘methodology’ is wrong. Interesting times! Now that you decide which economic statistics published by NBS to accept and which ones to ‘change the methodology’ to give favourable figures, you can keep feeding your manipulated figures to your international media circus for the vain glorious awards to sustain an empty hype, while Nigerians groan under hardship. We can actually ask Nigerians whether they are getting better off now contrary to your bogus figures. Many of Madam’s responses were comical, but this one is classic. According to her, the chief economic adviser and NBS “worked hard to determine how many jobs we need to create in a year”, and went on to ask, “why didn’t Soludo do this when he was CEA?” (Lol!). Madam, any good economist needs less than 10 minutes to compute this figure, not the (months? of) ‘hard work’ by your team. My calculation is that the number of jobs Nigeria needs to create each year to significantly reduce unemployment rate to sustainable levels in the next few years is at least 3 million, and not the 1.8 million by your team. We are talking about the Nigerian economy, please. Your magic wand for mass housing is the Mortgage Refinance Corporation with 23,000 mortgage offers—for a country with 17 million housing deficit! Then, there is the pedestrian proposal of a new development bank— financed with loans from the World Bank, etc? A World Bank loan to set up another ‘development bank’ where we already have Bank of Industry, Bank of Agriculture, NEXIM, Federal Mortgage Bank, etc? People have totally run out of ideas and can’t see anything for Nigeria without through the prism of the World Bank. I will offer you free consultancy on how to set up a development bank without a World Bank loan but we don’t need another one now. I actually gave President Yar’adua a two page note for a N3 trillion development fund then, and if we plug your leaking pipes, it could actually be a N10 trillion Fund. I envisioned and set up the Africa Finance Corporation (AFC)—Africa’s premier infrastructure bank! Frankly, I don’t understand why you seem highly troubled that the Soludo you thought had “disappeared from the political space” seems to be still around. Well, let me assure you that I will only ‘disappear’ in God’s own time. I gave credit to two past presidents who laid the foundation of the market economy we operate today. You did not contest or contradict any of my points. Rather, what you see is that Soludo must be ‘looking for a position’. Pity! If I am looking for a position, I would be running around one of the candidates now just as you are busy dancing Atilogwu dance at TAN and PDP rallies, struggling to keep your job. How Yar’adua drafted me to contest for governor in Anambra and APGA leadership as well and how I was “stopped” on both occasions are in the public domain. But I am not deterred for one minute. Chinua Achebe said that on leadership, Nigeria is a country that goes for a football match with its 10th Eleven. I am proud and happy to have offered to serve my people, and for the service of Nigeria, I will do it again and again. How many times did Abraham Lincoln, Obama, Reagan, etc contest before they got there? I actually encourage everyone who believes he/she has something to offer to get involved or stop complaining. I am happy seeing the increasing critical mass of professionals (like you) now getting involved. It is good for Nigeria! What is at stake is the survival and prosperity of Nigeria. Next elections are critical, and for me the key is the ECONOMY. We must offer Nigerians clarity on the choices before them. Can I propose a three-way debate with you (representing PDP/Federal Government), nominee of APC (Utomi or Fayemi? or any other), and myself (as independent citizen— I don’t belong to any of the two). Let us have two bouts of debate between now and 12th February, 2015 focusing on: CBN/AMCON and the financial system (if you want); our economy and its outlook, and agenda/alternative paths to sustainable prosperity post elections. Choose the dates and times, and for the sake of Nigeria, I will fly in. You can invite any of your international media friends as moderators. I feel the pain of the 180 million Nigerians whose tomorrow you have carelessly rendered bleak, and when I think of what the missing trillions could do for them, it becomes extremely urgent that we all must deepen the debate. Eagerly waiting for your response, please! |
Let me be clear: the quantum size of the new banks following consolidation presented challenges of risk management and supervision. We deployed all we had and overworked the CBN staff. The carry-over of bad loans from the consolidated banks was quickly cleaned up. To the best of my knowledge, we instituted stringent regulatory and supervisory regime (consistent with best practices at the time). We even had resident examiners in the banks and required bank MDs to personally sign their reports to CBN. I recall that the former MD of GTB complained of “regulatory intrusiveness”. To our credit, non-performing loans (NPL) came down from 22% in 2003 and 2004 to 6% as at 2008. Anywhere in the world, a central bank that brought NPL from 22% to 6% over a four year period does not look like one with a loose supervisory regime. Name other developing countries that performed better, Madam. So, on point of fact, Madam lied. Yours was a reckless assertion without basis by a Finance Minister. The banks in Nigeria were supervised by the CBN and NDIC, but other institutions— international firms which audited them, international rating agencies which also examined their books, capital market operators since most were listed companies — all had oversight. I put on record that there was never any information/report of infractions by any bank which was brought to my attention and which we did not act upon decisively during my tenure. I heard the comment that some of the bank MDs were my friends. Well, my response is that perhaps as CME you should kill all your friends operating in the economy or become their enemies. For the record, my successor audited all the banks and none of my so-called friends was indicted. It speaks volumes. Indeed, it is also a fact that the alleged personal criminal infractions (including lapses in corporate governance Madam alluded to) by some bank CEOs were found out, only AFTER they had been removed from office. My successor told me that the comprehensive audit of the banks did not reveal such infractions. Of course, you must be God or have a special tip-off from inside to get to such information while the MDs are in office. Unfortunately, all over the world, no financial system has succeeded in routing out all criminal behaviours by the operators. So, Madam, I challenge you to provide one shred of evidence that ‘there was no separation between regulators and regulated’ or be honourable enough to retract your reckless statement. What happened? The unanticipated and unprecedented crisis of 2008/09 hit the world. More than 40 US and European banks either collapsed or were shaken badly (remember the Lehman Brothers, Fannie Mae and Freddie Mac, Wachovia, HSBC, Lloyds TSB, Citibank, Goldman Sachs, even UBS, etc) and hundreds of billions of dollars were spent to bail them out. The contagion effects spread like a wild fire, destroying national stock markets and banks. The nascent (big) banks in Nigeria faced sudden multiple shocks— liquidity, exchange rate, oil price, capital market, etc. As oil prices collapsed, loans to oil and gas became non-performing overnight; loans to the capital market became non-performing overnight; etc. Our first priority was to save the entire banking system and the economy from systemic collapse. I assured Nigerians that no bank would be allowed to fail, and not many people know what it took to achieve it. Once we had navigated through the unexpected /unprecedented turbulence, we laid out a comprehensive plan to clean up the debris which we presented to stakeholders in Lagos (March 2009). I had pleaded with the Senate to pass the AMCON bill which we sent to them in 2004. But I had a comprehensive plan to finish the clean-up with or without AMCON by the end of 2009, including second round consolidation and a N500 billion fund (my book will detail all these). I left behind an 11-volume document of the Financial System Strategy 2020 (FSS2020) which has remained the policy roadmap for the CBN/financial sector since I left office. I have two analogies for our experience. Ours was really like an airplane that was cruising and suddenly meets an unexpected and unprecedented turbulence. After the pilots and the crew succeed in navigating through the potential crash and probably land the airplane, people look in and start blaming the crew for the broken tea cups, chairs, and drinks that fell during the turbulence as evidence that the crew never kept the airplane clean or serviced it. My second analogy is that of a sudden earthquake in a region it was never expected and some houses collapsed. All of a sudden, the housing authority is to blame for not requiring earthquake-proof foundations for the houses. Well, my legal experts call it force majeure, an act of nature! To be fair, after every crisis, there are lessons (and my book will detail what, with benefit of that experience, we should have done differently). Risk management— which has always been there— now took a new centre stage all over the world following the crisis. But for anyone to suggest that CBN under me, for one minute, took its eyes off the ball is, to say the least, ludicrous. The US financial system literally crippled the world costing America hundreds of billions of dollars but no one has suggested that Alan Greenspan is no longer the great maestro! AMCON is a big topic (which I will address at a later date) but her claims show either ignorance or mischief. She claims that N5.7 trillion of AMCON funds was used to rescue banks and the ‘bond issued’ as ‘cost to taxpayers’. Really? I will deal with the AMCON I envisaged and the AMCON under you later but let me state that even if 100% of the banks’ NPL was offloaded on AMCON, it would not be up to N5.7 trillion. Enough said for now. The fact is that the Federal Government has not put a penny in the AMCON fund: the banking system is financing itself, and together with the sinking fund by banks, AMCON surely can’t default (thanks to consolidation that the banks are now big enough to cough out such funds to solve the system’s problem). Did you intend to deceive the readers by refusing to tell them that much of the AMCON fund is ‘investment’ and not ‘expense’. Am sure you heard the IMF’s alarm about moral hazard? If you want, we can have a focused debate on AMCON. Next, let me briefly respond to a few outlandish claims. She brags about ‘single-digit’ inflation rate ‘now’ and alleges that when I left office, inflation was above 13%. I just laughed at this one. In Nigeria’s history, no governor of the Central Bank has delivered 24 consecutive months of single digit inflation as I did until the advent of the unprecedented global crisis in 2008. It was not for nothing that the world cheered us as monetary policy czar, Madam! Perhaps you are also not aware that we broke a world record by having a depreciated real effective exchange rate during a time of export boom and this was at the heart of our reserve accumulation and the portfolio/FDI inflows. I resisted the IMF advice to deplete reserves for liquidity management, and Nigeria had enough self-insurance to survive the global crisis. The opposite has happened under you Madam, and the Nigerian economy is in trouble. Naira exchange rate appreciated under me from N133 to N117 before the global crisis; and reserves grew to all time high of $62 billion. For the first time since 1986, the official, interbank and parallel market exchange rates converged under me. You can’t match these records! I hereby challenge your attempt to blame others for not saving for the rainy day. It is not a virtue when you are quick to appropriate all the credit when things are going well, but shift the blame when they go wrong. You blame the state governors— who, according to you, have taken the Federal Government to the Supreme Court—not that a Supreme Court judgment forced your hands. For your information, the governors have never agreed to savings and always threatened court action even under Obasanjo. Why did we save under Obasanjo but not under Jonathan? Two keywords explain it: leadership and integrity. Governor Amaechi said the governors insisted on sharing the funds because they found out that you were illegally fiddling with the savings. So, as Nigerians still wonder, if billions of dollars are now ‘missing’ under your nose, why should governors trust you to keep their money? Do the states that have taken the federal government to the Supreme Court and refused to save also include the PDP governors—who are in the majority? If so, then it is fatal: even governors of your own party, PDP, do not trust you to keep their money! Furthermore, did the governors also stop the Federal Government from saving part of its share? If you ran a surplus budget at the Federal level, you would have had credibility to blame others or to say they did not listen to your advice. The key point is that since you were running huge deficits yourself, it was also in your own interest to share the ECA. You did not show leadership or credibility, full stop! Next, Madam, I was really embarrassed for you to read that one of the reasons for declining forex reserves is ‘oil theft’. Under you as Minister of Finance and coordinator of the economy, the basket of our national treasury is leaking profusely from all sides. Just a few illustrations! First, you admit that ‘oil theft’ has reduced oil output from the average 2.3 – 2.4 million barrels per day (mpd) to 1.95mpd (meaning that at least 350,000 to 450,000 barrels per day are being ‘stolen’. On the average of 400,000 per day and the oil prices over the past four years, it comes to about $60 billion ‘stolen’ in just four years. In today’s exchange rate, that is about N12.6 trillion. This is at a time of cessation of crisis in the Niger Delta and amnesty programme. Can you tell Nigerians how much the amnesty programme costs, and also the annual cost for ‘protecting’ the pipelines and security of oil wells? And the ‘thieves’ are spirits? Come on, Madam! Second, my earlier article stated that the minimum forex reserves should have been at least $90 billion by now and you did not challenge it. Rather it is about $30 billion, meaning that gross mismanagement has denied the country some $60 billion or another N12.6 trillion. Now add the ‘missing’ $20 billion from the NNPC. You promised a forensic audit report ‘soon’, and more than a year later the Report itself is still ‘missing’. This is over N4 trillion, and we don’t know how much more has ‘missed’ since Sanusi cried out. How many trillions of naira were paid for oil subsidy (unappropriated?). How many trillions (in actual fact) have been ‘lost’ through customs duty waivers over the last four years? As coordinator of the economy, can you tell Nigerians why the price of automotive gas oil (AGO), popularly called diesel, has still not come down despite the crash in global crude oil prices, and how much is being appropriated by friends in the process? Be honest: do you really know (as coordinator and minister of finance) how many trillions of Naira, self- financing government agencies earn and spend? I have a long list but let me wait for now. I do not want to talk about other ‘black pots’ that impinge on national security. My estimate, Madam, is that probably more than N30 trillion has either been stolen or lost or unaccounted for or simply mismanaged under your watchful eyes in the past four years. Since you claim to be in charge, Nigerians are right to ask you to account. Think about what this amount could mean for the 112 million poor Nigerians or for our schools, hospitals, roads, etc. Soon, you will start asking the citizens to pay this or that tax, while some faceless “thieves” were pocketing over $40 million per day from oil alone. You alluded to debt relief in your response and tried to take credit. Well, your CV is honest enough to admit that your two achievements in office as Finance minister under Obasanjo were that “you led the Nigerian team that struck a deal with the Paris Club” and that you “introduced the practice of publishing each state’s monthly financial allocation in the newspapers”. You are right about the two achievements. Let me put on record that Nigeria would have secured debt relief under anyone as Minister of Finance. President Obasanjo secured debt relief for Nigeria. Much of his first term was used to get Nigeria back into the international community and to campaign for debt relief. Before you were sworn in as Minister of Finance, President Bush visited Nigeria and both of us accompanied President Obasanjo during the meeting. There, Mr. Bush promised to support Nigeria with debt relief and asked our president to ensure that he met the conditions of the Paris Club. Obasanjo mobilized the global political support and coordinated all of us to ensure that the government met the check-list of ‘conditionalities’ as required. I spent five weeks in the hotel with my team (as coordinator/chairman for drafting the National Economic Empowerment and Development Strategy, NEEDS). Some of the reform targets in NEEDS became the ‘conditionalities’ Nigeria was required to fulfil to merit debt relief. You and I signed the various MoU with the IMF on behalf of Nigeria (the policy support instrument). We had a great team at work and each member of the economic team had specific aspects of the conditionalities to deliver: Bode Agusto was in-charge of the budget; Oby Ezekwesili held sway at Bureau of Public Procurement and later Minister of Solid Mineral, and Education (but specifically tasked with delivering on EITI and procurement reforms); Nuhu Ribadu was at the EFCC fighting corruption; I was at the Central Bank delivering on monetary policy and banking reforms; Steve Oronsaye worked hard to delist Nigeria from the FATF; Nenadi Usman was in-charge of the parastatals; El-Rufai held forth at FCT and in charge of public sector reforms; privatization programme went on, etc. Did you know that the IMF wrote President Obasanjo threatening that there would be no debt relief if the CBN did not meet some monetary targets, and do you know the magic we performed to meet them? Can you tell Nigerians which of the ‘conditionalities’ that you personally implemented? With the groundswell of political support and Nigeria meeting all the ‘conditionalities’, debt relief was assured. Your major role as stated in your CV was to lead the team to negotiate the specific terms of the relief, having fulfilled the conditions. I still believe that Nigeria should have gotten far better terms than you negotiated. Of course, with your eyes on returning to the World Bank after office, I did not expect you to boldly stand up to the donor community in defence of Nigeria. Was there a conflict of interest on your part? By the way, can you tell Nigerians why you were eased out as Finance Minister and you cried like a baby begging OBJ to still allow you remain in the Economic Management team—- barely few weeks after the debt relief? Why were you eventually also removed from the economic management team if you were so important? Ironically, President Jonathan has recycled you, with a bigger title and greater responsibilities. But the difference is that the team that did the actual work is no longer there, and the world has seen that the king is naked. You are brilliant Madam, but you need serious help. Having spent all your life in the World Bank bureaucracy largely in administration/operations, no one will blame you if your economics has become a bit rusty. There are firebrand Nigerians all over the world to draft to service. It is certainly embarrassing to Nigeria for you to be bothering World Bank economists to help you with most basic economic analysis. |