₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,328,359 members, 8,435,330 topics. Date: Sunday, 28 June 2026 at 12:22 PM

Toggle theme

Akinszz's Posts

Nairaland ForumAkinszz's ProfileAkinszz's Posts

1 2 3 4 5 6 7 8 ... 49 50 51 52 53 54 55 56 57 (of 76 pages)

PoliticsBe Laughing While NASS Joke With Your Future, Ezekwesili Tells Nigerians by akinszz(op): 8:19pm On Mar 29, 2017
Former Minister of Education , Oby Ezekwesili , on Thursday , took a swipe at young Nigerians for condoning , what she termed, the ‘comedies ’ going on in the Senate .

The Nigerian Senate has recently been embroiled in several scandals , including an allegation that Senator Dino Melaye does not hold a first degree from Ahmadu Bello University , Zaira as claimed.

After several twists to the scandal resulting in an investigation by the Senate and a N 5 bn suit against Sahara reporters , ABU ’s Vice Chancellor told the Senate Ethics Committee that Melaye graduated from the university with a Third Class in BA Geography .
Melaye had subsequently posted a comic video online in celebration. He also appeared at the Senate plenary dressed in an academic gown.

But , in several posts on her Twitter page, Ezekwesili wondered why Nigerians felt “ entertained ” by happenings in the Senate .
She said, “ Be laughing while tragi -comedians that COST more than N 100 Billion every year carry on at the @ nassnigeria .

Better FIGHT for your FUTURE
“ The 8th @ NGRSenate & @ HouseNGR have done NOTHING for CITIZENS except PAY themselves FAT ALLOWANCES, engage in SCANDALS & produce COMEDIES.

“ You are a young Nigerian & cannot see the wicked hand you are being dealt ? You “ entertained ” by @ NGRSenate @ HouseNGR , I kuku sorry for YOU .

“ Balance there and be laughing , tweeting & swaggering while the folks in @ NGRSenate @ HouseNGR joke daily with your future . Na YOU sabii # End. ”

The # BringBackOurGirls advocate also questioned the lawmakers attitude to finding the schoolgirls abducted from Chibok by the Boko Haram insurgents .
She noted that lawmakers in the US and UK showed more “ concern for abducted # ChibokGirls ” than their Nigerian counterparts .

She said, “ By the way, how much did @ NGRSenate Say it paid for that famous Range Rover it bought for Senate President @ bukolasaraki ? In this POVERTY?
“ Lawmakers in the US and United Kingdom have shown concern for abducted # ChibokGirls but not their own who are BUSY spending ALLOWANCES.

“ Lawmakers in the US and United Kingdom have shown concern for abducted # ChibokGirls but not their own who are BUSY buying 1 car for > N 200M.

“ Lawmakers in the US & United Kingdom have shown concern for abducted # ChibokGirls but not theirs who are BUSY CARING FOR THEIR OWN COMFORT .

“ 219 school children were ABDUCTED in the country of our Lawmakers for nearly 3 years. When have you heard any REAL CONCERN from NASS ?

“ Some US Lawmakers hold a weekly advocacy for ChibokGirls . UK Parliament has held a # of Hearings on them . NASS ? They ’re BUSY… SHARING MONEY

“ If even five out of the remaining 195 ChibokGirls were daughters of our ANNOYINGLY ENTITLED Lawmakers , do you think they’ ll be NONCHALANT ?”

http://punchng.com/be-laughing-while-nass-joke-with-your-future-ezekwesili-tells-nigerians/

PoliticsFalana Defends Motorist Whose Car Was Burnt By VIS by akinszz(op): 5:46am On Mar 29, 2017
A Lagos -based human rights lawyer , Femi Falana , has backed a motorist , Oluwadamilare Afolarin , whose car was burnt on the premises of the Lagos State Vehicle Inspection Service .

Falana , a Senior Advocate of Nigeria , described the treatment of the victim by the VIS director , Gbolahan Toriola , as unfair and unjust, calling for compensation for Afolarin .

He threatened that if the government did not buy the victim a new car , including compensating him for the maltreatment in seven days , he would sue for damages .

PUNCH Metro had reported that the 42 - year- old man ’s car was impounded by the Eti- Osa office of the VIS over a cracked windscreen .

He was fined N 80 ,000 for the offence on the grounds that he also didn ’t have any vehicle document , although the victim tendered a government -approved car registration document .

About two weeks later, while he prepared to pay the fine into the agency ’ s account , he was reported to have been called by one Akeem , who asked him to proceed to the Ojodu Berger office of the VIS where he was later told that his car had been burnt .

Our correspondent reported that Akeem offered Afolarin N 200,000 and later took him to the director ’ s office at Alausa .

The director , Toriola , after a closed- door meeting with Akeem , allegedly assaulted Afolarin and accused him of sneaking into the VIS premises to burn the car.
Toriola allegedly ordered that his shoes and phone be seized , while he should be taken to the Ogombo Police Division , where he was detained for three days .

The victim was said to have been released after he was forced to sign an undertaking not to report the case to the press or post it on the social media .

PUNCH Metro reported that the state ministry of transportation set up a panel to look into the case .
The state Acting Commissioner for Transportation , Anofi Elegushi , had confirmed the development and promised to update our correspondent as the event unfolded .

However , Falana , who had taken over the case pro bono , said the government must buy Afolarin a new car .

Falana said , “ We are writing them to buy him a new car and pay for damages for the humiliation meted out to him because he was beaten up, slapped and detained illegally in a police cell . His vehicle was alleged to have been burnt in their custody; either they set fire to the vehicle or it got burnt accidentally , they are liable .

“ How can they say that he burnt the vehicle on their premises ; a premises guarded by policemen ? They cannot maintain that because it is illogical and that explanation is not acceptable . We are giving them one week and if they fail to accede to his demand , we are going to court . We will sue for damages to the tune of N 100m. ”
http://punchng.com/falana-defends-motorist-whose-car-was-burnt-by-vis/

PoliticsRe: Andy Ubah Obtained His PhD From A Degree Vendor - Sahara Reporters (Photos) by akinszz: 5:33pm On Mar 28, 2017
KardinalZik:
SaharaReporters and venturing into other people's business are like 5&6.

Sowore has been minding people's business all his life: can't he simply mind his business, at least, for a while?

By the way, IS HE A SAINT?

If you continue to dig the refuse dump, you'll end up finding old shit.
that's his business ,to let us know the kind of people we voted to lead. fake certificates to deceive the populace. that's not acceptable...
PoliticsRe: Andy Ubah Obtained His PhD From A Degree Vendor - Sahara Reporters (Photos) by akinszz: 5:25pm On Mar 28, 2017
baylord101:
Dino said he served 1999 not Sahara reporters
even the NYSC certificate he paraded was photocopy . how are we sure that the certificate was just printed to save face... the truth, the guy no graduate... how can you serve when you have not graduated... Imagine, you graduated in 2000 and served in 1999...
CelebritiesRe: Ice Prince Dumped By Maima Nkewa by akinszz: 5:26pm On Mar 25, 2017
veekid:
Whôre everywhere
yes o, wasted meat everywhere.
Jobs/VacanciesRe: How Can Someone Apply For Short Service In Nigeria Military? by akinszz: 9:14am On Mar 25, 2017
ziryboy:
Nairalanders please help me out.....
don't bother yourself, they are meant for special breed Nigerians... look for another carrier... that's the way it is... son of nobody can not get there... even recruit you must have long leg....
CareerRe: I Caught My Boss Pants Down With The Organization's Secretary by akinszz: 3:44pm On Mar 24, 2017
I smell lies
PoliticsNAGAFF Threatens To Sue Hameed Alli If He Wears Customs Uniform by akinszz(op): 12:29pm On Mar 24, 2017
Freight forwarders under the aegis of the National Association of Government Approved Freight Forwarders (NAGAFF) has threatened to seek legal option if the Comptroller General of Customs, Col. Hameed Alli (Rtd) bows to pressure from the Senate and appears in Customs uniform.

According to a statement dated March 20 and signed by the association’s management, the association stated that Col. Alli is not in a position to assume the character of an officer of the service as stated under Section 10 of CEMA Cap C 45 of 2004 as amended.
“The ongoing controversy involving the Comptroller-General of Customs Rtd. Col. Hameed Ibrahim Ali and the Nigerian Senate is avoidable because the Presidential mandate was specific and unambiguous.

The CGC was directed to reform, restructure and enhance revenue collection duty of the service.
“The time frame is within four years of the administration’s tenure or less under the circumstance because he is neither a commissioned Customs officer nor a Sole Administrator in a democratic government. He is not in a position to assume the character of an officer of the service as stated under Section 10 of CEMA Cap C 45 of 2004 as amended.
“To be a proper officer of the Nigeria Customs you must be properly appointed in line with the Civil Service Rules.

You must undergo a mandatory training programme and issued with a service number. These are conditions that must exist before the question of character can be alluded to. Since we know that Ali’s appointment is a political appointment that was made by Mr President in line with Section 171 of the 1999 Constitution, as amended, for him to go and carry-out a specific mandate of restructuring, reforming and enhance the revenue collection of the Nigeria Customs Service. To us he was only sent to the Nigeria Customs Service for a special assignment.

He is by this appointment not a career Customs officer that should be made to wear the uniform.
“Ali is correct for not wearing the Customs uniform and equally Mr President was right for not appointing him as a Sole Administrator in a democratic government. As an Association which believes in the sanctity of the law, especially court ruling, if Ali wears the Customs uniform, NAGAFF may approach the court to stop him from an act of unlawful assumption of character of an officer of the Service.

“Our locus shall be drawn from Section 154 of CEMA Cap C45 of 2004 as amended, The real issue before the stakeholders is to examine and determine whether Ali is doing his job as directed by Mr President to reform, restructure and enhance revenue collection duty of the service.

http://tribuneonlineng.com/nagaff-threatens-sue-hameed-alli-wears-customs-uniform/

CelebritiesRe: Iyabo Ojo Subtly Reacts To Scandalous Reports Trailing Her Lately by akinszz: 6:03pm On Mar 22, 2017
my question is why are actresses richer than their male counterparts? cos we know those who got endorsement among them and they are few.
CelebritiesRe: Iyabo Ojo Subtly Reacts To Scandalous Reports Trailing Her Lately by akinszz: 5:56pm On Mar 22, 2017
Maximus85:
God bless you. Everybody can identify the truth when they hear it. Why would the lady pick Iyabo Ojo out of all the Nollywood oloshos?
this question is deep. o deep...
PoliticsRe: "I Have The Support Of President Buhari" - Hammed Ali by akinszz: 1:30pm On Mar 22, 2017
CeoNewshelm:
Comptroller-General of the Nigeria Customs Service, Col. Hammed Ali (retd.) on Tuesday declared that he had the support of President Muhammadu Buhari on the proposed policy on payment of vehicle duty.



Ali spoke with State House correspondents shortly after emerging from the mosque located beside the President’s office inside the Presidential Villa, Abuja.




http://www.newshelm.com/2017/03/customs-boss-ali-i-have-support-of.html
I just dey like this man's neck stiffness
Car TalkRe: Customs Provides Code For Vehicle Owners To Verify Their Customs Papers by akinszz: 11:41am On Mar 22, 2017
SalamRushdie:
Get out ..Have U bougt a brand new car before ..Just know when it comes to IQ I will floor you anytime anyday , I will floor you in any known field either intellectual or physical .. If its easy go and buy brand new car for your mum make we see .. First you accuse me of never owning a car and I you I have and now you are bitter ... See I have helped more people in life than you will ever you jealous being
I can see that you don't want to grow... I leave you and your empty pride... go roll tyre...
Car TalkRe: Customs Provides Code For Vehicle Owners To Verify Their Customs Papers by akinszz: 11:22am On Mar 22, 2017
SalamRushdie:
Am I the one that told you not to make your mum happy..Abeg park well ...When you were spending your income on small girls and forgeting ur mum was I there ..
i know your type... you have low IQ.. you are not matured.. you still need breastfeeding to grow mentally.... ''I buy brand new car'' what a childish talk.
Car TalkRe: Customs Provides Code For Vehicle Owners To Verify Their Customs Papers by akinszz: 11:05am On Mar 22, 2017
SalamRushdie:
Why should i know how customs works ..For your info ever car have bought in my life was bought brand new off reputable dealeships here in Lagos and I paid in full one lump sump..i have never bought a used car so i dont even know if my papers have have any customs paper...Still bought a brand new car for my mum recently and they just sent it from a VI show room straight to her i didnt even bother loolking and the car I swear and i have not seen it till date I swear
your empty chest beating will take you no where
PoliticsRe: I Won’t Appear Before Senate Wednesday – Customs CG by akinszz: 9:17pm On Mar 21, 2017
DocHMD:
I laugh at clueless nigerians who are supporting Tyrant Hammed Ali.

You bought a family car (e.g Siena) from a dealer who underpaid customs 6 years ago, Ali then ask customs officers to leave the borders ( their primary duty posts) and go out ILLEGALLY on the streets for stop and search, while you are returning from church with your family after being harrased by Police, Road safety, Vio, Latsma, Custom officers asks you to pull over, ask for your custom papers and declare that the dealer whom you bought the car from didn't pay enough duty.

They order you and your family members out of your car and drive to the custom office while you and your family trek home. Who is doing who?

You really think Custom officers will have the nerve to stop Saraki or Dino's convoy when they are on the move for payment of duty? It is you poverty-infested zombies who throw owambe when you buy your first Golf 2 and 3 that will be their target.
And when that happens, make sure you lament in silence and don't come here crying.
you are not the target, could you imagine someone bought a vehicle worth almost 400million naira and using his influence not to pay import duty of 74million... that's luxury you ought to pay for it. do you know how many cars each of these people have... they have been doing that in the past administration buying luxury cars and got waivers. this administration has put a stop to it.
PoliticsRe: I Won’t Appear Before Senate Wednesday – Customs CG by akinszz: 8:54pm On Mar 21, 2017
kahal29:
http://thenationonlineng.net/i-wont-appear-before-senate-wednesday-customs-cg/
i like his stiff neck.... carry on I'm at your back giving you support.
PoliticsRe: Cso Blasts Nass Members Over Position On Ali by akinszz: 3:40pm On Mar 21, 2017
DonLo:
It's a nice drama to watch and the I'll like to title it 'THE GAME OF PRIDE'
The Senate and Customs are both wrong concerning the uniform thing. Ali should have worn it since it's a known and recognised convention for those serving in similar position especially when necessary. Somethings are considered right howbeit not legal. But as regards the Senate, they are interested in humbling/humiliating him with it uniform saga using the smokescreen of his supposed disrespect for the Senate, when in the actual sense they are being driven by pride.
And to the writer saying the new customs law would affect the rich and affluent, I'm sorry to say, he doesn't know what he is saying. It's the common man that had to go through Benin to buy that Tokumbo car that the customs will find easy to harass or you that you bought a fairly used car whose original importer was smart enough to evade paying necessary duties. Who wan stop Oga Politicians them, and even if they do they have friends at the top to facilitate their car release. The new law is just to complement the customs inefficiency and corruption at the nations entry points. The controversial law would also mean that, you now finding custom officer in our inner roads, thus, giving them the impetus to start collecting bribes. Then you'll understand that when it comes to bribery and corruption, the police are learning.
you don't know the kind of cars these politicians use... imagine a politician bought a vehicle for almost 400million naira and trying not to pay import duty. you think Ali doesn't know what he's doing? his target are these people... that's why they are fighting back, using uninformed Nigerians to fight him.
PoliticsRe: Whistle-blowers To Receive 5% Of N1bn Recovered - Lai Mohammed Says by akinszz: 3:23pm On Mar 21, 2017
between whistleblower (5% of loot recovery )or secret keeper (in which you will tell the looter to settle u wholesomely if he doesn't want kasala to burst ) which one would you go for?
SportsRe: Mourinho Gives Marcos Rojo Banana During A Match (Photos) by akinszz: 5:29pm On Mar 19, 2017
the guy requested for it to kill fatigue...
PhonesRe: Do We Really Need 6GB Of RAM On Our Smartphones? by akinszz: 9:35am On Mar 19, 2017
iamjavadem:
Same way Apple wasn't interested in phones with big screens and look at them now. Some years back we didn't need laptops with more than 512mb ram but now I have 16gig ram on my laptop.
16GB RAM? No kill person for here o...
PoliticsRe: Nigerians Urge Ali To Wear Customs Uniform by akinszz: 6:54am On Mar 19, 2017
HAH:
Yes, he must wear the uniform or he resigns there is no law that said former military men should not were other uniforms apart from their ego

No wonder he only got retired as a colonel with this attitude, the only thing that is makin him be so stubborn is his closeness to PMB ca you imagine this man refuses , respect his supervising minister.

I colonel is equivalent of level 14 civil servant not even up to assistant directors but he is so pompous
you know nothing about this man, this man once told Ibb that if it's goat that wins an election that they should let the goat to rule... he said so in 1993 election. the issue of wearing uniform is baseless as far as I'm concerned. they should tackle the real issue. what has uniform got to do with competence... the man ( a 504 Peugeot car user) didn't lobby to become the CG of customs, but he was appointed as an administrator to flush out the dirt in the service and is doing wonderfully well.
FamilyRe: Is My Wife Cheating On Me?? by akinszz: 6:00am On Mar 19, 2017
ojietu:
You don't need a prophet to tell you that your wife is cheating on you.
If you love your home then she must stop that job immediately or she continues and see your home break up.
You must man up and confront her as one
stopping the job will not stop her from cheating. someone that want to cheat will cheat.
FamilyRe: My Sister Married An Impotent Man by akinszz: 5:42am On Mar 19, 2017
MoltenMagma:
Your sister or you? wink
we all know na she.
PoliticsRe: ‘ali Must Go': Protesters Ask Customs CG To Step Down by akinszz: 4:38pm On Mar 16, 2017
I'm yet to see what the man has done wrong. the man was appointed as an administrator to be in charge of the service. Wearing uniform or not is irrelevant, what matter most is the work to be properly get done and the man is doing that.
PoliticsIfe Clash: Afenifere, OPC Kick Against One-sided Arrest by akinszz(op): 5:57am On Mar 16, 2017
By Gbenga Olarinoye & Dapo Akinrefon

THE pan-Yoruba socio-political organisation, Afenifere and the Oodua Peoples Congress, OPC, have kicked against what they call one-sided arrest of some Ile Ife residents by security operatives over the communal clash in the area recently.

In a statement, Afenifere’s National Publicity Secretary, Mr Yinka Odumakin said though it was concerned that lives were lost in the clash but faulted security operatives for carrying out a one-sided arrest of some innocent residents.

In a statement entitled: ‘Ife Crisis:The Hounding After and Yoruba Stand’, Afenifere said: “We are miffed that security operatives sectionally mobilized have moved to Ife after the incident to carry out one-sided mass arrests of Yoruba people who are mostly notables and could never have participated in any riot. As at the time of making this statement,all of those so indiscriminately arrested have either been taken to either the state police command in Osogbo or Force Headquarters in Abuja.’’

On its part, National Coordinator of the OPC, Otunba Gani Adams called for caution in the handling of the recent feud between the Ife indigenes and their Hausa dwellers, by security operatives.

In a statement by the Publicity Secretary of OPC, Mr Yinka Oguntimehin said: “We will not want this hospitality to be mistaken for cowardice. The Yoruba race is not and will never submit to being a conquered nation. We say no, to any treatment that will restrict us to being slaves on our own land. We say no to any measure skewed to favour only a side in a crisis of this nature. We call for the release of all the arrested Ife indigenes while a better amicable way be proffered to settle frayed nerves and settle the crisis permanently.’’

Omoworare provides succour to victims

Meantime, Senator Babajide Omoworare representing Osun East Senatorial District at the National Assembly has donated relief materials to the victims of the clash between the Yoruba and Hausa in Ile-Ife.

Omoworare who described the clash as unfortunate and avoidable, distributed food items to the Yoruba and Hausa communities, pleading with both sides to embrace peace.
The senator visited the Sabo area where the crisis erupted where he donated bags of rice, beans, and cow to the northerners.

Also, the Supreme Council for Sharia in Nigeria, SCS, has assured that the council would ensure that the recent bloody clash in Ile-Ife between the Hausa and Yoruba comm unities does not lead to religious crises in the country.

http://www.vanguardngr.com/2017/03/ife-clash-afenifere-opc-kick-one-sided-arrest/
PoliticsBuhari Okays N4,500 Subsidy For N-power Graduates To Buy Tablets by akinszz(op): 7:39am On Mar 15, 2017
By Levinus Nwabughiogu

ABUJA-Federal government has approved the sum of N4,500 for each of the 200,000 beneficiaries of N-Power Volunteer Corps jobs for the purchase of an enhanced electronic device.

The device would be loaded with different applications that would further improve the skills of the beneficiaries and afford them additional training opportunities during the two-year duration of the job program.

Also, a total of 149, 669 Nigerian graduates of the 200,000 are now collecting their monthly stipends of N30,000 monthly having been physically verified and deployed across the 36 states and FCT.

Mr. Laolu Akande, the Senior Special Assistant on Media and Publicity to Vice President Yemi Osinbajo made the disclosure while giving update on the Social Investment Programmes of the present administration.
According to Akande who issued a statement, the device grant was in conjunction with the Bank of Industry (BoI) which has extended an asset finance of 20 months to each of the 200,000 N-Power beneficiaries.

He explained: “While each of the beneficiaries after being verified would select their choice of device amongst nine different BOI pre-approved vendors, the price ranges from N3,000 to N6,700 monthly deductions for the next 20months.

“Therefore in some cases the N4,500 device grant would cover the full monthly deduction cost while in other cases the graduate authorizes BOI to deduct the additional differential cost from their monthly stipends depending on the device chosen.”

The Vice President’s Spokesman also noted that “6 of the 9 BOI pre-approved vendors are indigenous local brands in pursuit of the Buhari administration’s push for Local Content.”
He said “almost 100,000 graduate N-Power beneficiaries have completed their orders for the devices, adding that the Bank of Industry is in charge of affecting the orders made. The plan is to conduct the order of the devices in two batches of 100,000 each, one after the other.

“It was further disclosed that all the 149,669 N-Power beneficiaries now collecting their stipends have been physically verified and deployed, while their given bank account information have also been matched with the Bank Verification Number.”

The SSA said that “in December, about 112,475 of the N-Power graduate beneficiaries received the N30,000 monthly stipends, and the number came close to 150,000, both in January and February meaning about that number are now receiving their up-to-date stipends from the N-Power Volunteer Corps.”

Akande also noted “that now beneficiaries across the 36 States of the Federation, and the FCT have been verified, totaling the 150,000 figure. He said the balance 50,000 of the 200,000 beneficiaries engaged by the FG are those who so far could not be paid for various reasons.

“This includes those who were disqualified during verification on the basis of age-over 35, and inadequate academic qualification. The N-Power is for university, polytechnics and College of Education graduates only. There were also some of the selected 200,000 who were ‘no shows’ meaning they simply did not report for verification at all.

Others who could not be paid were those whose personal information details were faulty, including those whose marital status have changed. There are also those who used different names and differing personal information. And lastly there are also those whose banking information simply do not match with their BVN banking records.

In the case of those whose marital status have changed, Akande explained that their information is now being updated through the various States and FCT Focal Persons and then they would be represented for payment.

He also disclosed that those who have sought redeployment to other states are among the 50,000 and in such cases, they will be considered alongside those to be replaced from the N-Power waiting list where necessary.

“The process for the replacement of those who did not show up and those disqualified would also resume shortly to bring the number back to 200,000 for the first batch of the 500,000 promised by the Buhari administration”, he said.

http://www.vanguardngr.com/2017/03/n-power-graduates-get-additional-n4500-subsidy-buy-tablets/
CrimeRe: Suicide Note Of Airforce Officer Who Killed His Girlfriend, Pic In Military Cell by akinszz: 2:30pm On Mar 13, 2017
crotonite:
the guy is looking sober and remorsefull...eya, next time dont let ur emotions control your muscle.
the guy dey look like Christmas goat.
PoliticsLagos Eyes N100b Bond For Buses To Replace Danfo by akinszz(op): 6:46am On Mar 13, 2017
Lagos State Government plans to raise about N100 billion bonds for its proposed Bus Reform Initiative (BRI), Governor Akinwunmi Ambode has said.
The bonds will span between seven and 10 years.
About N30 billion sinking fund has been set aside for its take off, he told reporters during an interview.
The BRI, he said, was aimed at providing an alternative for Lagosians to commute daily.
Under the three-year initiative, over 5,000 air-conditioned buses will replace the Danfo , which according to him, was no longer befitting for the state’s mega city status.
“We decided that the best thing is to allow the yellow buses ( Danfo ) to go and so the BRI itself is a three-year plan of 2017 to 2019 under which 5,000 units of new buses will be brought in.
“The bigger size buses will take 70 people and then the medium range buses will take 30 people. We believe that the middle range buses will be supplied up to 70 per cent of the total volume which will amount to about 3,600 units and then the longer range in that direction,” he said.
The governor stated: “You are aware that the Federal Government paid the refund of the Paris Club Loan last December and this is money belonging to the state governments. So, Lagos State decided not to touch its share of the Paris Club refund. Right now, we have a sinking fund of N14.5billion that is already put in place to drive this public transportation bond.
“We refused to touch our money and we believe that the second batch of the refund should be paid next month and eventually that will be N29billion that we will have. I will add another N1billion to it making it N30billion to kick-start this initiative.
“By the time we have N30billion as sinking fund to drive the bus initiative against the bond of N100billion that we want to put into the market, there will be that credibility and credence that the bond will drive itself and that is the whole idea.”
His administration, Ambode said, would give out franchise to interested stakeholders in multiple of 50 buses, 100 buses and 200 buses each, explaining that what is required is a 25 per cent down payment.
“So, these are bankable projects as we have a sinking fund and so our exposure as a government is just technically 75 per cent. So, from the kind of machinery we want to use to run the buses, there are no cash takings, everything is automated and obviously, whoever has a franchise, whoever drives, they have the recourse to take part of the money while part of the intake also goes to the repayment of the facility and so it is a comprehensive template,” he said.

RomanceRe: Guy Proposes To A Girl At Florida Mall And She Walks Out (Photos) by akinszz: 8:46pm On Mar 12, 2017
wey soda? hi!
TV/MoviesRe: Thin Tall Tony Pushes Bisola Off In The Bed. Is He Afraid Of Disqualification? by akinszz: 6:05pm On Mar 10, 2017
from his look, this guy is 38 years old... otigbo bi asala
CrimeRe: ‘I Inserted 386 Grammes Of Cocaine In My Anus For N1m’ - Man (Photos) by akinszz: 10:42am On Mar 10, 2017
no need to read am na dem dem...
Nairaland GeneralRe: This Lady's Yoga Pose Got People Talking (pic) by akinszz: 12:31pm On Mar 09, 2017
dacovajnr:
E fa itan Omolomo ya setigbo undecided..Vaseline Crew be like ⬇
@ ur pics.. gbenusiii! no be atenu.

1 2 3 4 5 6 7 8 ... 49 50 51 52 53 54 55 56 57 (of 76 pages)