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Fulanimafia please let the sleeping dogs lie. Let's promote unity and shun tribal bigotry. Don't engage in e-fight with people that act like kids, be different from them |
While the debate on devaluation has been ongoing in Nigeria, and some writers like to cite The Economist of London to justify their arguments about the efficacy of devaluation, they need to cast their net wide when reading about this subject matter in The Economist. We do not want to add too much of our own prose to the empirical and analytical evidence on devaluations which the authoritative Economist has provided in spite of its writing on Nigeria. On January 9th 2016, the Economist published an article on "After the dips: Big Currency Depreciation is not boosting exports as much as they used to.” According to the Economist, “Large currency depreciations can hurt, by raising the price of imports and spurring inflation. Pricier imports should encourage consumers to switch towards domestic products and stimulate local production. A cheaper currency should also boost growth by spurring exports… Between 1980 and 2014, according to an analysis of 60 economies by the IMF, a 10% depreciation relative to the currencies of trading partners boosted net exports by 1.5% of GDP over the long term, on average…“ The Economist continues “But devaluations do not seem to have provided quite the same boost recently….Russia is a good example...the Russian rouble is one of the cheapest currencies around, 69% undervalued against the dollar…”Yet,” non-energy exporters appear to be struggling despite the ruble’s plunge. Over the 1st half of 2015, as the volume of energy exports surged, non-energy exports fell, according to Brigit Hansl of the World Bank. She points out that it is not enough to have a price change: First, you have to produce something that someone wants to buy.” The rouble’s weakness is an opportunity for industries that already exports such as chemicals and fertilizers. But boosting other exports requires investment in new production, which takes time…. Devaluations in other countries including South Africa and Turkey, have also disappointed” On Feb 22nd 2016, The Economist, ina recent article,Don’t Cheer devaluation, writes as follows: “Devaluation is a cut in a nation’s standard of living. It costs more to buy other people’s goods. And there may be no gain to exporters as we recently reported recent devaluers have seen little benefit.” The Economist further notes that “The IMF and the World Bank have highlighted another possible explanation for the weak performance of exports in countries with falling currencies: the prevalence of global supply chains. Globalization has turned lots of countries into way-stations in the manufacturing of individual products. Components are imported, augmented, and re-exported. This means much of what a country gains through devaluation in terms of competitiveness of its exports it loses through pricier imports. …The World Bank argues that it explains about 40% of the diminished impact of devaluations globally…” On September 30, 2015, The Economist in “Devaluations didn’t work”writes that Stephen King, the senior economic adviser at HSBC, notes that currently “attempts by individual central banks to boost growth and inflation via currency depreciation have been collectively self-defeating…Rather than pursue devaluation, Mr. King argues that countries should try to improve their productivity records, which have been poor. But that implies pushing through the kind of economic reforms that special interests (and many voters) dislike. Devaluation is the more tempting, and easier, option.” We hope this message is not lost in the devaluation debate in Nigeria, whichfor the most part appears to be long on polemics and rhetoric, but short on logic and empirical and analytical evidence. **Dr. TemitopeOshikoya, an economist and a chartered banker, is CEO of Nextnomics Advisory https://www.proshareng.com/news/Nigeria-Economy/The-Economist-s-evidence-on-devaluations/30168 |
What I'm viewing here is quite disgusting and shows that we still have a long way to go in forging a long lasting relationship. As a human am ashamed of you folks that participated in this sham. What do you guys gain in hurling abusive words towards each other? I sorry for Africans |
AFTER defeating Zuhak, an evil king with serpents sprouting from his shoulders, the Kurds celebrated by lighting the hillsides with fire. The fable is remembered each Nowruz, a holiday marking the start of spring and the new year in late March. The Kurds still celebrate by lighting fires—and, in the case of Kurdish soldiers near Mosul, sending flaming tyres down the hillside toward the trenches of Islamic State (IS). The Kurdish forces in Iraq (where they are known as peshmerga) and Syria are the West’s most reliable allies in the fight against IS. They have won important victories in the towns of Kobane, on the Syrian border with Turkey, and Sinjar in northern Iraq. In the process, they have increased and consolidated the territory under their control. Thanks to the chaos created by IS, the Kurds in each country are closer than ever to achieving self- determination. Advertisement Yet a unified Kurdistan spanning the region’s borders is not in the offing. Last month Masoud Barzani, the president of Iraq’s autonomous Kurdistan region, called for a non-binding referendum on independence by the end of the year. Statehood could eventually follow. But in Syria the Kurds’ declaration of a federal region, called Rojava, on March 17th, was framed as a way of holding the country together, not splitting it. Though left out of peace talks, Kurdish leaders say Rojava could act as a model for a decentralised Syria. Syria’s Kurds may of course merely be a step behind their Iraqi counterparts on the way to independence. But that would belie the rivalry between the dominant Kurdish parties in each country. The Kurdistan Democratic Party (KDP), led by Mr Barzani, accuses the Democratic Union Party (PYD) in Syria of lacking commitment to Kurdish nationalism. The PYD has close ties to the Turkey-based Kurdistan Workers’ Party (PKK) of Abdullah Ocalan, who believes in a confederation of Kurds, not full independence, within current borders. The PYD and the PKK shun capitalism, while the KDP embraces it, in theory at least. The tension is exacerbated by the KDP’s co- operation with Turkey, home to a large and restive Kurdish population. Turkish leaders see the KDP as a palatable alternative to the PKK, which they blame for recent attacks inside Turkey. Mr Ocalan sits in prison, but fighting between the government and Kurds in south- eastern Turkey has reached a bloody peak. By extension, the government takes a dim view of the PYD, which it has prevented from forming a contiguous entity along the border in Syria by bombing Kurdish fighters—and by tacitly helping IS, claims the PYD. The PYD portrays Rojava as a democratic and pluralistic place, but the party is accused of monopolising power and, in some towns, of kicking out Arabs. Other Kurdish groups, such as the local affiliate of the KDP, have been sidelined and critics repressed. While maintaining an uneasy truce with the regime of Bashar al-Assad, Syria’s embattled president, the PYD’s soldiers have attacked other rebels, including other Kurds. “For the PYD, everyone is the enemy,” says Sultan Jalaby, a Kurdish journalist who fled Syria for Turkey. The KDP has done its share to alienate the PYD, including digging trenches on the Iraqi side of the border with Rojava. Mr Barzani also has critics at home. Over the objections of political rivals, the president’s term in office has been extended indefinitely due to the fight against IS. Many believe his call for a referendum was timed to distract from more pressing problems. The region has been cut off by Baghdad for failing to send oil revenue to the central coffers. Low oil prices, a bloated budget and the influx of nearly 2m refugees and displaced persons have it drowning in debt. The Kurds in Iraq and Syria are tightening their grip on disputed territories, such as oil-rich Kirkuk in Iraq. But there is little appetite abroad for the break-up of Iraq and Syria. The declaration of a federal Rojava was rejected by America. The Kurds may be winning ground; but peace among them may prove to be more elusive. www.economist.com/news/middle-east-and-africa/21695540-kurds-have-taken-advantage-chaos-region-remain |
THE CONCENSUS OF THE SALAF FROM AMONG
THE
COMPANIONS OF ALLAAH’S MESSENGER
(swallallahu
alaihi wasallam) ON THE PROHIBITION OF
REVILING
THE RULERS BE THEY RIGHTEOUS OR SINFUL - A
REFUTATION OF THE KHAWAARIJ
1) Attacking the honour of the Rulers (Umaraa)
and occupying
oneself with reviling them and mentioning
their shortcomings is
a very big mistake and a repugnant Sin: The
purified revelation
has forbidden it and has censured the one who
does so.
It is (also) the starting point of rebellion (i.e.,
by which such
rebellion is initiated and developed) and taking
arms against
the rulers and this rebellion, is the basis of the
corruption of
both the religion and the world.
2) It is also known that the ways and means
(wasaa’il) have the
same rulings as the ends to which they lead
(maqaasid).
Therefore, every text regarding the prohibition
of rebellion
(against the rulers) and the censuring of those
who do so is an
evidence for the prohibition of reviling and
abusing the rulers
and also (an evidence) for the reprimand of the
one who does
so.
3)Ibn al-Qayyim (r) said, “This is a great topic,
containing much benefit and due to ignorance
of this topic a great mistake has fallen upon the
Sharee’ah...” up until he said, after mentioning
that the basis of the Sharee’ah is built upon the
welfare and benefits of the servants, “... The
Prophet (swallallahu alaihi wasallam) legislated
for his ummah, the obligation of rejecting the
evil so that by its rejection, the goodness that
Allaah and His Messenger love is obtained. And
when rejecting the evil leads to what is more
evil and more hated by Allah and His
Messenger then it is not allowed to reject it—
even if Allaah hates it and detests those who
perform it (the evil). And this is like rejection
(inkaar) against the kings, and the ones in
authority by coming out against them (with
arms etc., to fight them), for verily, that is the
basis and foundation of every evil and every
tribulation till the end of time. And the
Companions asked permission from the
Messenger of Allaah (swallallahu alaihi
wasallam) for killing the leaders (Umaraa’) who
delay the prayer from its proper time, saying,
‘Shall we not kill them.’ So he said, “No, so long
as they establish the prayer,” and he also said,
“Whoever sees something from his leader
(ameer) something that he dislikes then let him
be patient and let him not raise his hand (away)
from the leader’s obedience.” And whoever
reflects upon the greatest and smallest trials
that have befallen Islaam, then he will see that
they are due to the negligence and wastage of
this principle and the lack of patience upon
(witnessing) evil. So he seeks to bring about its
end and as a result of this, a greater evil is
brought about. And the Messenger (swallallahu
alaihi wasallam) saw the greatest of evils in
Makkah and he was not able to change them. In
fact even when Allaah opened up Makkah for
the Muslims (i.e., gave the Muslims victory
over it) and when it became Daarul-Islaam he
was resolved to changing the Ka’bah and
returning it to the foundations that ibraaheem
(alaihi as-alaam) had built it upon, but even
though he had the capacity to do that, he was
prevented from it by the fear that something
greater would occur due to the lack of
tolerance of the Quraish, since they were new
to Islaam and had recently left disbelief —and
for this reason he did not grant permission for
rebelling against the leaders (Umaraa’) with the
use of one’s hand (i.e., with force) due to the
greatness of what results afterwards on account
of it ...“ Ibn al-Qayyim in ‘I’laamul-Muwaqqi‘een
‘an Rabbil-’Aabaineen.
The Shaikh and Imaam, ‘Abdul-Lateef ibn
‘Abdur-Rahmaan ibn Hasan Aal Shaikh said, in
powerful words that uncover the confusing
doubts in this topic and that refute the one who
spreads them from amongst the ignoramuses,
“... And those people, those who are under
trial, do not know that with the exception of
‘Umar ibn ‘Abdul-Azeez and whoever Allah
willed from among the Banee ‘Umayyah, great
mishaps, insolence, taking up arms (against the
people) and corruption occurred from most of
those in charge (wullaat) of the people of
Islaarn from the time of Yazeed ibn Mu’aawiyah
(till the present). But along with that, the
manner and behaviour of the notable scholars
and mighty leaders with the rulers is well-
known and renowned — they do not raise a
hand against giving obedience in that which
Allaah and His Messenger have commanded
from among the legislated actions and
obligatory duties of Islaam. And I will give you
an example, that of al-Hajjaaj ibn Yoosuf ath-
Thaqafee, and his affair is well known in the
ummah, that of oppression repression,
excessiveness in spilling the blood (of the
Muslims),desecration of the Sanctities of
Allaah, the killing of whomever he killed
amongst the notables of the umrnah such as
Sa’eed ibn Jubair, the besieging of Ibn az-
Zubair even though he had sought refuge in the
Haram, and making lawful the sacred and
sanctified, the killing of Ibn az-Zubair, even
though Ibn az-Zubair had given obedience to
him and the
people of Makkah, Medinah, Yemen, and most
of ‘lraaq had given the pledge of allegiance to
him (Ibn az-Zubair) and al-Hajjaaj was only a
deputy of Marwaan, and then of his son ‘Abdul-
Malik and none of the khulafaa’ (successors) had
given Marwaan a pledge and none of the
influential people, those with power had given
the pledge of allegiance to him. And along with
all of this none of the People of Knowledge
hesitated in obeying him and complying with
him in that in which obedience is permissible
from amongst the pillars of Islaam and its
obligations.
4) So along with all of that the conduct of the
leading scholars, such as al-Awzaa’ee, Maalik, al-
Layth ibn Sa’d and ‘Ataa ibn Abee Rabaah with
those kings is not hidden from the one who has
a share in knowledge and realization. And then
the next generation of the People of
Knowledge such as Ahmad ibn Hanbal,
Muhammad ibn Ismaa‘eel (al-Bukhaaree),
Muhammad ibn Idrees (ash-Shaafi’ee), Ahmad
ibn Nooh,Ishaaq ibn Raahawaih and their
brothers…their occurred in their time what
occurred from the kings of the great
innovations and the denial of the Sifaat and
they were called to (affirm) these things and
were put to trial by them and whoever was
killed, was killed, such as Ahmad ibn Nasr. But
along with all of this it is not known that a
single one of them raised his hand against
obedience (to those kings) and that he saw fit to
attack them...” Ad-Durar as-Sunniyyah fii
Ajwibatun-Najdiyyah,
Ziyaad ibn Kusaib al-Adawiyy said, “I was with
Aboo Bakrah
beneath the minbar (pulpit) of Ibn Aamir. He
was giving a
speech and was wearing a fine garment. So
Aboo Bilaal said,
‘Look at our ameer wearing the garment of the
disobedient.’
Then Aboo Bakrah said, “Be silent. I heard the
Messenger of
Allaah (swallallahu alaihi wasallam) say,
‘Whoever demeans the
sultaan (ruler) of Allaah upon the earth Allaah
will humiliate
him.” Anas ibn Maalik said, “The senior amongst
the Companions of Allaah’s Messenger(swall
allahu alaihi wasallam) forbade us
(saying), ‘Do not revile your Rulers (Umaraa),
not act
dishonestly with them, nor hate them and have
taqwaa of
Allaah and be patient — for verily the matter is
close (at
hand).” Its chain of narration is jayyid (good)
and all of its
narrators are thqaat (precise, reliable and
trustworthy).
Yahyaa ibn Yamaan said, “Sufyaan (ath-Thawree)
narrated to
us from Qais ibn Wahb from Anas ibn Maalik
(radhiyallahu
anhu) that he said, “The most senior of the
Companions of the
Messenger of Allaah (swallallahu alaihi
wasallam) used to forbid
us from abusing and reviling the Rulers
(Umaraa) And likewise al-Bayhaqee has also
mentioned this narration with the wording,
“The most senior amongst us from among the
Companions of Allah’s Messenger (swallallahu
alaihi wasallam) commanded us not to revile
our Rulers...” and its
chain of narration is jayyid (good).Therefore, in
this narration is the unanimous agreement of
the most senior of the Companions of Allaah’s
Messenger(swallallahu alaihi wasallam) upon
the prohibition of attacking the honour of the
Rulers by reviling and abusing them.
5)Ibn ‘Abdul-Barr reported with his isnaad from
Aboo Dardaa
(radhiyallahu anhu) that he said, “Verily, the
first (appearance)
is the hypocrisy of a man is his censure and
rebuke of his Ruler
(Imaam).” Ibn Abee ‘Aasim reported from Ahul-
Yamaan al-Hawzaniyy from Abud-Dardaa that
he said, “Beware of cursing the Rulers (Wullaat),
for verily, cursing them is clipping (i.e., of the
religion) and hating them is barrenness.” It was
said, ‘0 Aboo
Dardaa, then how should we behave when we
see in them that
which we do not like?’ He said, “Have patience,
for verily, when
Allaah sees that from you He will take them
away from you with death.” All of its narrators
are thiqaat (precise, reliable and trustworthy)
save Abul-Yamaan al-Hawzaniyy whose name
is ‘Aamir ibn ‘Abdullaah ibn Luhayy, al-
Hawzaniyy, al-Himsiyy.
Ibn Hibbaan included him in his Ath-Thiqaat
and Haafidh Ibn al-
Hajar said about him, ‘Maqbool’ (i.e., his
reports are
acceptable). Ibn Zanjooyah has also reported
this narration in
Kitaabul-Amwaal with the same chain of
narration. Aboo Nu’aym reports as does Ibn
Abid-Dunyaa from Zaa’idah ibn Qudaamah who
said, “I said to Mansoor ibn ah-Mu’tamir, When
I am fasting can I revile the Ruler (Sultaan)?’ He
said,‘No.’ I then said, ‘Then can I revile the
People of Desires (i.e.,Innovators)?’ He said,
‘Yes.” Ibn ‘Abdul-Barr reports from Aboo Ishaaq
as-Sahai’iyy that he said, “Never do a people
revile their Ruler (Ameer) except that they are
prevented from his goodness.” Hannaad
reported, “‘Abdah narrated to us from az-
Zabriqaan who said, ‘I was with Aboo Waa’il,
Shaqeeq ibn Salamah, and I began to revile al-
Hajjaaj and mention his faults and bad deeds.
He (Aboo Waa’il) said, ‘Do not revile him. And
what will
inform you that perhaps he says, ‘0 Allaah
forgive me,’ so He
forgives him?”
6) “Beware of censuring and rebuking the
Rulers (A’immah).
For verily, rebuking them is clipping. (That is)
the clipping of
the Deen not the clipping of the hair. Verily the
Ta’aaneen
(those who rebuke and revile) — they are the
losers and they
are the most evil of the evil ones.” Ibn al-
Jawzee reports that when Khaalid ibn
‘Abdullaah at-Tustaree addressed the people on
the day he was appointed the governor of
Makkah he said, “By Allaah, no one is brought
to me who curses his ruler (Imaam) except that
I till beat him in the Haram.” And in At-
Taareekh Al-Kabeer of Imaam al-Bukhaaree
who reports from Aboo Jamrah ad-Duba’iyy
who said, “When news of the burning of the
House reached me, I left for Makkah and
visited Ibn ‘Abbaas (there) frequently until he
recognised me and was amicable to me. Then I
reviled al-Hajjaaj in the presence of Ibn
‘Abbaas and he said, ‘Do not be a helper to
Shaytaan.”
Therefore, let the Muslim stop where the
people (i.e., the
Companions) stopped, since they are the best
of people to the
testimony of the Chief of all of Humanity
(radhiyallahu anhu).
They stopped where they stopped out of
knowledge, and with
penetrative insight did they hold back and
restrain themselves.
Whoever is below that, then he is negligent and
Whoever is
above them, then he is one Who causes grief.
And whoever opposes this Salafe manhaj, and
follows his desires then there is no doubt that
his heart is filled with rancour and hatred.
Since, revilement and vilification negates giving
advice to the Rulers. It has been established
from the Prophet (swallallahu alaihi wasallam)
that he said, “There are three things towards
which the heart of a Muslim never shows
hatred or rancour: making ones action sincerely
for the sake of Allah, giving obedience to the
rulers (wulaatul-amr) and sticking to the group
(jamaa‘ah) - for verily, their supplication
encompasses those who are behind them (i.e.,
those whom they rule over).”
Taken from: Imaam Ahmad's (rahimahullah)
book - Usool Us Sunnah Chapter 5 and
translated by - Abu Iyyad (hafidhahullah) |
The Americans aren't as smart as hollywood have made us to believe. The end is near for the Yanks |
lomprico:"Technically Defeated" he said, in conventional and non-conventional wars there's no absolute victory in a short-term most often than not. So he's right |
OP send your questions to Ahmad Salkida at @ContactSalkida on twitter |
Fulaman198, Fulanimafia |
Protest is not from the manhaj of Islam. All these MSSN, TMC, MSO are nothing but political groups causing problems up and down. |
Edward Onoja Displays Rare Brilliancy At The Kogi Election Petitions Tribunal As a boxer, I dared being boxed into a corner by any powerful and more experienced opponent, for the obvious reason, it would be the end of the bout, because somebody would get knocked down! Simply put, escaping from a ring corner, in front of an experienced opponent takes a boxer, intelligence and common sense. “For all men being equal before God does not mean all men have common sense to prevail in tight corners. Common sense in an uncommon degree, it is what the world calls wisdom and not common afteral. It was a brilliant display of intelligence and most especially, common sense today at the Kogi state election petition tribunal sitting at the Jabi High Court Abuja, when , Hon. Edward Onoja, Chief of Staff to the Executive Governor, stood as star witness in the Faleke petition. The young advocate of change withstood close to an hour of gruesome, torturous and deliberate amour-propre attitude of insolence and superciliousness from the revered counsel of James Faleke in person of Chief Wale Olanipekun (Ofr, SAN). Indeed, a parent wouldn’t have been more proud today of their son for a superlative presentation. He was calm, cool and calculated with penance, he took it all to the admiration of the Faleke’s counsel. Case adjourned to the 6th of April 2016, let’s keep our fingers crossed . www.ereporternews.com/index.php/20-uncategorised/news/395-edward-onoja-displays-rare-brilliancy-at-the-kogi-election-petitions-tribunal |
Our attention has been brought to the purported propaganda going around as regards today's hearing at the tribunal where the Chief of Staff to Kogi State Governor stood on witness box as a witness to the first respondent. The petitioner's (Faleke) lawyer had asked the CoS on the scores of his principal in Dec.5th suplimentary to which he replied "Party names and logo is what we have on the ballot" People who do not understand the logic behind his intelligent response said he failed to answer correctly. The stand of GYB is that, both Late Audu vote and the suplimentary election result belong to party and it is the choice of the party to determined who replace late Audu. If only he answered as expected by the petitioner's lawyers, it means his principal cant win with his scores in supplementary election alone. So his response mean his principal represent APC and both the main and supplimentary election result belongs to the party. In a nutshell, Faleke's case was dead on arrival. Anyway lest I forget, the people's Governor just arrived the country from Equatorial Guinea with President Buhari. AYB ti tek ova |
Believe GlobalResearch at your own peril. |
maxtamazin:Why is the highly educated Southerners are having criminals and crime rate is soaring if illiteracy is the cause of the problem of the North? The problems we Nigerians are facing is well known to us and we should stop this North vs South brouhaha, it is sickening and retrogressive |
Putinbots won't cease to amaze me- at first it was about defeating ISIS and not propping up Assad, but when that narrative was heavily debunked and refuted by sound minds and Putin couldn't manage the war effectively he ran away like a coward that he is (Erdogan is saying hi to Putin). And now Putinbots are saying he pulled out after he's done restoring Assad's position. Putin can only deceive gullible Russians and Westerners alike but not sane and progressives with deep insight of things and great foresight. |
Lucasbible:If you're as an educated "Southerner" can spew this thrash then I believe your education is nothing but mere paper qualifications. How do you diversify when there is no money to do diversification, and do you want an IMF or WB loans that'll give stringent conditions that will hurt the populace and enrich the cabals? Oil will still be an essential commodity for the next 100years and the government needs to find more reserves to replace the depleted reserves since oil is not a renewable product. South Sudan said Sudan were the cause of their problems because of oil, but we all can see that's not the case after South Sudan decided to separate and the rest is known to those who reflect |
MEETING BETWEEN FRIENDS
Ibn Al-Qayyim - Allah have mercy on him -
said:
There are two kinds of meeting between
friends:
The first is a meeting based on sociability and
spending time, in which are more
disadvantages than advantage, the least of
which is corruption of the heart, and wasting
time.
The Second kind is a meeting for the sake of
supporting one another, and recommending
one another to the truth and to patience. This
is the best kind, yet there are still three
disadvantages therein,
1. Flattering each other.
2. Being excessively talkative.
3. That such meetings become a habit or
routine and they fail to achieve their aims. |
Press Release Lokoja, March 14, 2016 Governor Yahaya Bello Appoints Board Chairmen, Others The Executive Governor of Kogi State, Alh. Yahaya Bello has approved the appointment of three board chairmen. The Chairmen are Barrister (Mrs) Justina Abanida from Yagba West Local Government Area as Chairperson of the State Universal Education Board, Alhaji Oseni Yakubu from Okene Local Government Area as the Chairman of the Kogi State Board of Internal Revenue, while Mr. Emmanuel Odiniya from Olamaboro Local Government Area is appointed Chairman of Bureau of Local Government Pension. Governor Bello also appointed Arc. Robert M. Achanya as the Director General, Bureau of Public Private Partnership and Barrister Moses Okezie Okafor as Senior Special Assistant on Reseach, Development and Speech Writing. According to the Governor, the appointments which were announced through the Secretary to the State Government, Mrs. Ayoade Folashade, take immediate effect. He urged the appointees to always display high level responsibility and probity in line with the direction of the administration’s commitment to service delivery to the Kogi people. Signed Abdulmalik Abdulkarim SA on Media and Strategy to the Governor |
NEW DELHI (Reuters) - India is in talks with
countries in the Middle East for a scheme
under which they can exchange crude oil for
food.
India oil minister Dharmendra Pradhan said on
Friday that the country is in talks with the UAE
and a few more countries for an oil-for-food
programme.
He said discussions between these countries
are being held at the leadership level.
India, which is the third biggest crude oil
consumer in the world, imports almost 80
percent of its crude oil requirement from
overseas, a majority of which is met through
shipments from the Middle East nations.
in.mobile.reuters.com/article/idINKCN0WD0R5?irpc=932 |
It is better to leave off an argument than to fight dirty in the public especially when you're dealing with that are drunk on Putin's vodka |
Financial Discipline… making every Naira count.
By Kemi Adeosun
Discipline... it is all in the detail.
Economists have long found Nigeria to be
something of a conundrum. The macro picture
has always appeared compelling - large
population, oil reserves, mineral reserves,
endless tracts of arable land, land and sea
borders for regional domination. Indeed the
absurdity of our underperformance is only
surpassed by our ability to accurately quantify
our losses and missed opportunities.
In the short period that I have been privileged
to serve as Minister of Finance, I have
observed that even the most basic systems and
controls over the management of our
resources are in dire need of strengthening.
While we are regaled with and shocked by
details of amounts stolen, diverted or wasted,
we must face the cold reality that such acts are
facilitated by weaknesses in our systems. Even
if we successfully prosecute and jail every
looter, ghost worker and other economic
saboteur, there is every risk that those caught
will only be replaced by persons who are just
as bad, or worse - unless we radically
strengthen our systems and institutions.
Our President’s brave and committed fight
against corruption and waste is as much an
economic crusade as it is a moral one. The
objective is not just to stem the corruption and
loss but to execute an economic plan to
channel those monies into much needed areas
that will support and reposition the economy.
In short, the fight against corruption is not
about “retribution” and meting out
punishment, it is about releasing funds for our
economy. I am humbled to be part of the
ongoing work on recovery and can report that
the urgency in the work, especially our
interface with nations where our money has
been stashed, is propelled by our need for
funds to invest into our economy.
Our economic plans are not about austerity and
frugality; if that were the case then we would
not be attempting an expansionary budget. We
could have pursued fiscal consolidation and
maintained 2015 budget size, and then
introduced severe public spending cuts to
balance the books by laying off workers and
cutting projects. Had we done so, we would by
now be the darling of the IMF and other multi-
laterals.
Conversely, we are undertaking an ambitious
counter cyclical strategy to stimulate our
sluggish economy and expanding government
spending with a focus on infrastructure, the
true catalyst for economic growth. This will
have contractors returning to site and re-
engaging workers, it will see new projects
commencing, arrears released and economic
activity reinvigorated across the nation. We
plan to take advantage of low global prices for
commodities and contract prices. Existing
contracts are being renegotiated downwards,
with significant savings recorded and new
projects priced to reflect current commercial
realities. Our spending stimulus is private
sector driven, supported by a robust
procurement system that will see permanent
local capacity built in a number of sectors
including oil and gas, housing construction and
agriculture. However, and this is the key
differentiator, we plan to spend in a disciplined
manner that will extract the maximum value
for every naira spent.
The process of building the internal control
framework to support this need for disciplined
spending has begun in earnest. Our Efficiency
Unit has reviewed four years of detailed
expenditure data to identify trends and is
already negotiating volume discounts that
appropriately reflect the buying power of
government. Personnel remains our largest
cost. In addition to the BVN driven cleaning of
our payrolls that has so far removed 23,000
fraudulent entries, we have initiated
significantly stronger controls over our payroll.
These efforts will exert a constant downward
pressure on personnel costs until such a time
as we have assurance that every payment is
accurate and valid. A similar process is now
commencing in Pensions. The N160 Billion
spent monthly on personnel and pensions
related costs demands this as an absolute
minimum.
The revenue focus is non oil. We are revisiting
historical decisions that are no longer in the
best interests of the national economy. The
establishment of various Boards and Parastatals
to undertake the operational and revenue
generating business of government was a well-
intentioned attempt to provide separation
from policy makers. However, as the economy
has grown, so too has the revenue earned in
these agencies and their financial autonomy
has grown in a manner that no longer fully
serves the public interest. Port charges,
maritime charges, airport landing fees, visa
charges, passport charges, telecoms licence
fees, among many others, must be tracked and
accounted for. While the Fiscal Responsibility
Act was designed to provide control, actual
compliance has been poor. The result has been
leakage on a staggering scale, as findings from
our ongoing audits suggest. This is a serious
issue. The upside is a significant revenue
opportunity which the TSA implementation has
given us sight of, and which we are supporting
with a proactive drive for improved
accountability.
At the same time, our traditional revenue
sources are being supported to be more
effective. In Customs, we are making the
necessary investments in container scanners
and other equipment required to improve
collection efficiency. This is combined with the
results of a compensation survey which will see
the introduction of performance related pay, to
reduce corruption and create an alignment of
interest that will enhance revenue generation.
With FIRS there is a well-defined plan to
enhance compliance by widening the tax net.
Using data to drive tax compliance, we will
ensure that the tax regime is efficiently
administered and that everyone pays their fair
share.
There is a need for disciplined and effective
system of managing our financial resources to
ensure maximum value. We will no longer
measure performance by the size of our
budget or the amount disbursed; we must
measure by the impact of that expenditure on
the lives of Nigerians. To measure and manage
this we have already made some key changes
in the way funds are released. We have
abandoned the old system of capital releases
that funnelled a proportional share of available
funds released to each Ministry, Department
and Agency. We have a robust system in place
where funds are tied to specific outcomes as
documented by each agency. This is being
supported by follow up reviews to ensure
implementation.
As Benjamin Disraeli once said, “We are not
creatures of circumstance; we are creators of
circumstance.” I am firmly convinced that
Nigeria is on the right path. The path of
discipline will confront some age old
destructive habits. It will challenge some
unwritten rules, and I personally will step on
some highly placed toes on this journey. All
this I am fully prepared for, and so I do not
expect nor do I particularly want to be popular.
However, I will act in the best interest of all
Nigerians to ensure that we build the economy
that we desire and richly deserve.
This is the second of three articles by Mrs.
Kemi Adeosun, Minister of Finance, Federal
Republic of Nigeria. |
SweetTee:I prefer asking from the people living there to taking lessons from Google. My answer too was figurative. I'm not being overtly defensive |
It is far-fetched for anyone to think that Nigeria
will just wake up one day to become like
Singapore, one of the world’s most successful
societies since human history began or even to
frog jump to the level of the United Arab
Emirates, UAE, a country that has achieved
mastery over natural barriers to emerge as a
model of social cohesion, creative innovation
and a cultural melting pot to the rest of the
world. Both societies by sheer planning and
commitment to process have within a
generation scaled over the basic needs of
human existence, such as food, shelter,
healthcare, education and employment. Each of
these countries functioning well under carefully
foundated template. And so, the leaders now
have set their eyes on the future.
In contrast, Nigeria that started her journey of
nationhood at about the same time with
Singapore and a decade after the UAE’s union,
has floundered and groped without clarity. In
fact, there is no clear path to what constitutes
nationhood in Nigeria when the levers upon
which rests her foundations are fragmented.
Successive leaderships have failed woefully to
steer the people on the path of passionate,
motivated engagement. Tension is tearing and
tugging at the seams and hardly is there a basis
of unified aggregation. The things that divide us
are more attractive even to those in leadership
than the humbling virtues that ought to mould
the people together. Each group is beating a
path away from what ought to be the common
ground.
If there is, then, I have not seen a Nigerian
leader in my lifetime that has done well in
unifying an evidently dominantly polyethnic
society. Nationality, which supposed to bring
citizens’ together towards developing a
commonwealth with common aspirations, and
strengthen a bond that will be increasingly tied
to the advantages of a social policy is absent in
Nigeria. Which makes many to refer to the
country as a mere geographical expression that
have been able to hold itself together by divine
providence rather than a concerted, self-
conscious effort by leaders to leave behind a
legacy.
Nigeria’s problems are so numerous. The same
applies to other nations. But the problems that
have divided Nigerians the most are grave,
including marginalisation, inequalities and
nepotism. All characteristics of our being that
ought to lift our diversity have become a
source of anguish and suffering. The three
major ethnic groups, namely Hausa, Igbo and
Yoruba have assimilated hundreds of other
ethnic groups in the country. For example, I am
from Borno state in the North East of Nigeria,
yet, I am neither Kanuri nor Hausa, two
dominant ethnic groups in my state and in the
north respectively. Sadly, I can hardly boast of
equal treatment when competing with these
powerful ethnic groups in that region.
So many people from the South East and South
South will contest being all labelled as Igbos as
people in Kano or Lagos will refer to them. The
third ethnic majority group, the Yoruba, is like
the others made up of numerous smaller
collections of people amid those who consider
themselves as bona fide Yorubas. Arising from
these most of the minority voices have been
eclipsed into the generalization of the
‘WaZoBia’ frame. Clearly, this hinders any
advancement of any strong national identity
that is based on citizens’ rights and
responsibilities in Nigeria.
Same thing applies when it comes to the two
officially recognised religions; Christianity and
Islam. Within Christianity there are those that
don’t consider certain denominations or beliefs
as Christian enough or Christian at all. Amongst
Muslims, sectarianism is rife, where dozens of
Sects do not see eye to eye. Yet, a growing
population that are not Christians or Muslims
feel marginalised in a so-called secular state
like Nigeria.
President Muhammadu Buhari, though may not
possess the credentials to unite a highly
polyethnic society, however, he still stands a
chance to make history by developing three
critical national agendas for Nigeria, which
include: social cohesion, anti – corruption and
save the ailing economy. If he can focus on
these three areas, conflicts, unemployment
and poverty will reduce dramatically.
A quick lesson from the UAE for Nigeria is, the
population of expatriates or non citizens stood
at over 8 million, accounting for nearly 90 per
cent of the country’s total population, with over
250 nationalities and dozens of religions that
are free to worship, yet the UAE has been
ranked the leader in government efficiency and
social cohesion, and the eighth most
competitive nation in the world as adjudged by
the Swiss International Institute of
Management Development. How did such a
diverse population succeed in achieving this
feat? The answer is simple, the country has
reduced disparities in wealth and opportunity.
Citizens and residents like me in the UAE are
given a sense of belonging that makes
everyone see themselves as members of a
shared community.
There is nothing like a Nigerian being called a
settler in his or her country when coming from
another state within Nigeria or, citizens feeling
unwanted or insecure if they choose to be
resident out of their native states or region.
Living in the UAE, as a Nigerian resident, I have
seen how a mere email to the Dubai police got
an instant reply, and an officer was assigned to
help me deal with the complaint I initiated.
Laws are respected and can catch up with even
the locals if they run afoul.
The UAE is also a living example of how social
cohesion is a bond that holds a group together,
even if individuals within that group or its
seven emirates have differences and the
people have diverse backgrounds and belief
systems, unlike the case in Nigeria. This level
of cohesion can only be managed and sustained
by a firm, selfless and visionary leader who
does not tilt the lever of official privilege to
the advantage of one against another. A leader
in Nigeria has nothing to lose if he or she
imbibes such virtues as seen in other fast
developing countries.
Sadly, the change mantra that ushered in the
current government has not enthroned the
much anticipated accountability, transparency,
due process and the rule of law, which are the
key drivers that will make any society not only
to function, but excel. We do not focus on
building institutions, we are carried away by a
personality cult. We hear about how well
meaning the intentions of our leader are. But
we nevertheless forget how vastly history’s
graveyard is littered with failed leaders who
had the best of intentions. We forget that the
leader is not omnipresent and relies on
individuals who were active bedfellows with
corruption the night before. We imagine that
men and women who are unable to even
truthfully declare their assets are drivers of
anti-corruption campaign today. These are
individuals who thrive on impunity and have
made a public show of it.
Nigeria is really in dire need of enthroning
inclusive institutions where the citizens is king
and the king is accountable to the citizens. For
all of our problematic foundations Nigeria’s
case can only pass as an exemplary case of
extractive institutions where a few number of
elites control government.
www.salkida.com/still-on-nigerias-political-foundations/ |
SweetTee:Google is not my best friend |
I wish to know more about the Caribbean Islands from Caribbeans, both males and females are welcomed to offer their contributions. |
Fertility Issues and Contraception The Choice To Have Children Fertility is the ability to produce children. Muslims believe fertility is a blessing from Allah. Most people in our times have the choice of having children or not. Many people nowadays wish to have a fulfilling sex-life without having children. To achieve this means that they must use some form of contraception. Contraception is a method used to prevent pregnancy taking place. This can be in form of a drug (a pill), or a barrier (such as a condom), or ‘coitus interruptus’ or ‘withdrawal’ (where the man does not allow his sperm to enter the vagina of the woman). If things go “wrong”, emergency contraception (the “morning-after pill”) is available as an option nowadays. The question is: What is the Islamic perspective on childbirth and contraception? In Islam, children are believed to be a gift from Allah, and childbirth is encouraged. Unlike some other faiths, Islam has no problem with a married couple enjoying intimate marital relations with one another. Indeed it is one of the main reasons for marriage in Islam. However, also from the goals of marriage in Islam is to have children that can be raised as pious Muslims, who worship Allah alone and lead righteous, good lives, benefitting themselves and others. However, there are situations wherein Muslims are permitted to use contraception. A Companion of the Prophet (peace and blessings be upon him) called Jābir (may Allah be pleased with him) said: “We used to practice ‘withdrawal’ during the time of Allāh’s Messenger, and he heard of that but did not forbid us.” (Reported by Muslim in his Saheeh) On an occasion a man asked the Prophet (peace and blessings be upon him) about ‘withdrawal’ saying: “A man would have sexual relations with his wife who is breastfeeding a newborn, and he dislikes that she should get pregnant [again].” The Prophet (peace and blessings be upon him) replied: “You do not have to stop ‘withdrawal’. Allah has not decreed a soul except that it will be created.” (Reported by Muslim). So these narrations prove that safe forms of contraception are allowed for a good reason and need. However, in Islam, contraception and birth prevention is generally discouraged. The Prophet (peace and blessings be upon him) said: “Get married so that on the Day of Judgement I will display you outnumbering the other nations. And do not practice celibacy like the Christians.” (Al-Bayhaqee, and authenticated by Al-Albānee). Note also from this hadith we understand that if Allah wills a child, then it will occur. The Muslim scholars have discussed the situations wherein contraception is permitted. Shaikh Al-Albānee said: “If the use of contraception is based on the advice of trustworthy doctors in order to guard the wife’s health that has been adversely affected by having too many children, then this is allowed. However, if the incentive to use contraception is fear of poverty and financial loss, then it is not permitted.” (Al-Hāwee min Fatāwa, 2/14, abridged). Shaikh Ibn `Uthaimeen stated: “If a woman wished to organise her pregnancies to one every two years or so, then it is permissible to use contraception with the condition that her husband permits that, and that it does not cause her harm. The evidence for this is that the Companions of the Prophet (peace and blessings be upon him) performed `Azl (withdrawal prior to the sperm entering the woman) during the time of the Prophet (peace and blessings be upon him) so that their wives would not get pregnant, and they were not prohibited from that.” (Fatāwa wa Rasā’il lin-Nisā, p. 87 – abridged). These scholarly rulings bring forth other important factors: 1. That the use of contraception is a decision that is decided by both the husband and wife and not only the wife, nor only the husband, after considering whether the reasons are valid. 2. Since Islam forbids sex outside marriage, contraception is only discussed in the context of marriage. 3. Contraception in the form of drugs and chemicals are not permitted if they cause harm to the body. 4. Permanent methods of contraception (such as sterilization) are forbidden in Islam, unless there is a danger for the mother’s life or great harm. This is because one of the goals of marriage is to have children, and sterilization permanently prevents conception and childbirth. 5. Withdrawal was the most commonly practiced form of contraception in early Islam, but today other safe methods are permitted. “Contraception” in the form of the morning-after pill is forbidden in Islam, as it is considered an “early abortion”. Refer to sheet “Ethics 1.4 Abortion” which discusses the limited situations where abortion is permitted. Fertility Problems This refers to either the husband or wife finding it difficult to have children. Centuries ago great Muslim scholars such as Ibnul-Qayyim discussed the merits of Prophetic and natural medicine to help with fertility problems – Islam has no issue with the use of medicine to aid with fertility as long as the treatment does not involve things forbidden in Islam or harmful chemicals. Advancements in modern medicine and science has led to treatments that may help with fertility. There is no problem with this. Shaikh Ibn `Uthaimeen in his Fatawa volume 17 has stated that there is no problem with these treatments if there is a need for it. Some people wrongly believe that ‘scientists have taken over from Allah in deciding who should have children.’ Allah has stated: “And no person can ever die except by Allah’s permission and at an appointed time.” (Qur’an 3:145) Muslims believe that whatever is pre-decreed by Allah will occur, so a person merely strives to get the best out of his situation, and the rest is in the Hands of Allah. In this regard, a Muslim embraces any proven medical or scientific advancement so long as it is not forbidden (e.g. contains pork, alcohol, etc) and it is does not cause harm. Furthermore it is authentically reported that the Prophet (peace and blessings be upon him) said: “Strive in attaining that which will benefit you and seek Allah’s aid and do not sit back without acting.” (Sahīh Muslim) www.abukhadeejah.com/fertility-issues-and-contraception-in-islam-the-choice-to-have-children-ethics-1-6/ |
danbrowndmf:You're welcome |
scully95:Another fat lie GMO is in Nigeria according to this report www.nairaland.com/1975187/genetically-modified-crops-being-grown |
scully95:"Russia is not like lawless country e.g Nigeria and other African countries where shell can spill oil on the whole country or even spill per head in the country and nothing happens. It's a country to be well respected." Sometimes last year a case of oil spill was reported in Russia and nothing has been done to alleviate the sufferings of the affected communities. america.aljazeera.com/articles/2016/2/3/ngos-sound-alarm-on-heavy-oil-fuels-used-in-arctic-shipping.html video.aljazeera.com/channels/eng/videos/russians-worry-about-effects-of-oil-spills/4437292738001;jsessionid=10512F284464A205D4D5ADC22500322C |
danbrowndmf:I'm from Kogi and Okene is my forte |
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Are you daft? With all the problems going on in this country, do we need another waste of money? Why do we need to spend another billion of dollars for oil exploitation while the one we have are not sold.