₦airaland Forum

clevadani:
It is not a coincidence that our only functioning state has never been governed by Pdp

Please tell us what is functioning with vote-riggers and fraudulent rogues?
Take just this CCTV recycling corruption for one example only oh!

proudly9ja:
Apr 05, 2009

The Lagos State Govt launches 10,000 CCTV cameras for her Safe City Project.

Very laudible in my opinion




https://www.youtube.com/watch?v=BZd744ITJK4

And then again in 2016, Amb-Ole also "bought" another set of 10,000 CCTV for the "sophisticated" Lagosians.

donglazy:
The Lagos State Government yesterday said it had concluded plans to install 10,000 Close Circuit Television (CCTV) cameras statewide as part of measures to ensure that the state is secure against the activities of terrorists in the light of the insurgency rocking the country

Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade, said this while giving a breakdown of the 2016 budget, tagged ’The Peoples’ Budget’, saying the government will also activate the existing 1,000 CCTV cameras already installed in the state.

According to him, “We will be expanding our ICT infrastructure statewide. Consequently, a budget of N9.6 billion has been approved for this purpose in 2016. This will include a Smart City project targeted at deploying technology to enhance security in the state. It will also aid our revenue generating efforts.

“We will be increasing coverage of CCTV installations in the state. Our goal is to have over 10,000 active cameras, connected by Broadband. The existing 1,000 cameras will be reactivated and these will be increased by an additional 3,000 cameras after the completion of the first phase of this project.”

Speaking on the need to beef up security and maintain law and order, the Commissioner said ”We are all aware of the security challenges in the country, and to manage this in the state we have committed about N23.5 billion for the maintenance of law and order, and to support security services in the area of vehicles, security gadgets and logistics.

“We shall continue to enhance the welfare of our security agents by providing allowances, fuelling of patrol vehicles and giving adequate life insurance covers to motivate them in 2016. We will provide more buildings for Police Area Commands in our state to enhance their performance. This budget also includes projects that will enhance security of lives and property in other areas of governance as previously enumerated.

“You will recall that this administration handed over equipment worth N4.765 billion to the Lagos State Police Command in the last quarter of 2015. In addition to the activities mentioned earlier, we have also made provisions for the completion of on-going court projects in Igando, Imota, Ajegunle, as well as Judges’ Quarters at Falomo, to complement those that had been completed.”

The Commissioner added that attention will be given to improving disaster management, purchase of firefighting, occupational and public safety equipment, and the construction of new fire stations and relief camps across the state.

Ashade said geographic information systems and business solutions will be given special attention in the course of the year.

According to him, activities to be covered under the platform include the expansion of the Lagos State Residents Registration Agency (LASRRA) residents’ registration exercise, the issuance of permanent resident’s cards, and the consolidation of public financial management system reforms.

He said the sum of N6.5 billion has been provided for in the budget for 2016.

http://sunnewsonline.com/new/lagos-to-install-10000-cctv-cameras-across-state/

chidextec:
End time boyfriend invited End time girlfriend to End time church to listen to End time Pastor with End time prophecy

Na real end time tinz oh, bro.



www.nairaland.com/attachments/4160988_image_jpeg_jpeg6f95b5e7a24ad4fc0808d6698fd37362



www.nairaland.com/attachments/4155194_religionquote_jpeg51ef818e81f851e5958395931ebafe6f

WilliamsChelster:
Which one is prophecy time again ....Yeye pastors making money off people upadan

Maybe the pastor name na David aka Dauda to our Muslim brethren.
Perhaps he wan knack the kpekus of the girlfriend just as David take knack Bathsheba, Uriah wife before sending the husband to die on the battlefield.
These gods of men are demons in angelic robes, walahi.



https://www.womeninthebible.net/wp-content/uploads/2016/03/Godward-Matron.jpg

segebase:
guess this news will make dollar to be 197...smh

Yes na, she is about to release forex that she got for her BDCs so her husband's promise can be realised.



www.nairaland.com/attachments/3431120_cdatausersdefappsappdatainternetexplorertempsavedimages3420191picsart1455886204785jpeg503a9ea978cee321112203705090d494_jpeg42f7ff794fb9c526b6223de620a8596b



www.nairaland.com/attachments/2403078_buharinairatodollarpromise_jpeg536f4a3346e6a689940c6ceb025c51a7

henryanna36:
H. E Mrs Aisha Muhammadu Buhari going over details in preparation of tommorow's launch of #GETINVOLVED

Source: http://www.trezzyblog.com/2016/08/aisha-buhari-going-over-details-in.html

I thought Buhari said there will be no Office of the First Lady in his administration?
Another FAILED promise?
Meanwhile Aisha Halliburton has found her own way to follow others with her own CORRUPTION pet project.



www.nairaland.com/attachments/3131247_cu55se7vaaaykzj_jpeg8d3b0e22c761643e651e5d09f82d1552

Ajibel:
What the _fuck are you talking about sir?

Don't you realize that Lagos had so many challenges in the past and successive governments can only improve on what their predecessor had done. BRF obviously couldn't touch every nook and cranny of Lagos state but he did his utmost best to continue with Tinubu's foundation.

Are you aware the of the challenges of giving every Lagosians pipe-borne water into their homes. The government was aware of the challenges and have in their Lagos state developmental plan outlined steps to be taken to make water supply available in the homes of every Lagosian. That cannot be achieved in 8 years. Fash had started it by building new waterworks and dedicated IPPs to power them and it is now the responsibility of Ambode to look at improving the water supply shortage and learn from the past government mistakes and improve on the delivery.

I don't get your bitterness about Lagos. You are always everywhere to _bitch about Lagos sir. You need to change that attitude online. You are known for this on NL.

Convince yourself first before you try to confuse me & others, you hear!
The progreTHIEF administrators of Lagos state hold themselves out as EXCELLENT, not so?
Go and find out the meaning of excellent and come back here to discuss, okay?
In case you choose to be ignorant, let me help you with facts:

- Annual budget increased over 10 times from N42 billion in 2000 to N489.69 billion in 2015. The state budget has been consistently above N450 billion since 2011.
- Annual IGR increased over 53 times from N7.2 billion in 1999 to N384.26 billion in 2013.

http://businessdayonline.com/2014/09/nbs-data-show-lagos-outperforms-13-other-states-in-igr/#.VR56mNzF82E

https://s-media-cache-ak0.pinimg.com/736x/b0/14/77/b01477d340d0772b4860dc5c6e08df67.jpg



www.nairaland.com/attachments/3043814_facebook20151105005801_jpeg1027baba4e35e791f3661e85d47d5487

Thanks OP for sharing so others can learn and correct their ways before it is too late as they may never have a second chance like you did.



www.nairaland.com/attachments/2851374_img20150912232706_png2cc47861652284c85cf1f3e03aee197a



www.nairaland.com/attachments/2855404_fbimg1442168436118_jpeg3abf4555427b1803302e6b4f3ffbbb15



www.nairaland.com/attachments/2855735_twooptionswallpaper10579600_jpeg618d634ba6258d93161d282181afdc68

Bolustic:
Not even Obiano (I'm looking for trouble ) and other PDP governors will perform better than BRF in 16 years (if allowed). Give us a balanced critique and not your politically beclouded sentiments.

Balanced critique of a barefaced thief?
Is it that you have a comprehension deficiency or you just learnt the words balanced critique and had to use it at the first opportunity that presented itself
Otherwise how can you type all that LAWMA trash for a man responsible for this shit?

anonimi:
www.nairaland.com/attachments/1874841_img2014111800178_jpeg3fee82da796bf21cfe45923e7b82ec12


www.nairaland.com/attachments/1874883_img2014111800146_jpeg1b27de443b457a0f860e5adcdaaa187b


www.nairaland.com/attachments/1874906_img2014111800148_jpeg2ae8db776b2363f8010f35b0463c6cbb


www.nairaland.com/attachments/1875047_img2014111800173_jpeg9b1c3e1b830058e00636bea988489243



www.nairaland.com/attachments/1875011_img2014111800152_jpeg6cc44980e82a1aa277261f905cff2476

More pathetic pictures from this thread:

https://www.nairaland.com/2003828/unbelievable-pictures-awori-college-ojo


If I am not mistaken the Eko Project is the $90 million loan from the World Bank that Fashola did not want to disclose how it was spent because "FoI does not apply to Lagos state"

Ajibel:
What an interesting read. Sometimes I read on NL by some set of folks that Fashola was over-hyped in Lagos and was a media governor.

I just grin at the clowns who've never stepped into Lasgidi.

Which Lasgidi?
The one where even the so-called big boys drink their own sewage inside water seeping into their i-better-pass-my-neighbour boreholes?
Who is the clown that should be grinned at now?

Lawmaker scores Lagos Water Corporation low

A Lagos State lawmaker, Mr Saka Fafunmi, on Thursday expressed dissatisfaction at the performance of the state Water Corporation.

Fafunmi, a member of the Lagos State House of Assembly (LAHA), said in Ikeja that the corporation had not been able to justify statutory allocations to it.

The lawmaker, who represents Ifako-Ijaiye Constituency 1 at the assembly, spoke to the News Agency of Nigeria (NAN).

He said that the corporation had the capacity to generate much fund internally through water rates but had relied solely on government funding because of poor performance.

'' Anyone that is using water will be willing to pay for it; the corporation has not been giving us water.

"Is there any new community that Water Corporation has given water? People depend on boreholes; even government estates have industrial boreholes.

"Why do we keep pumping money into an agency that does not give us the desired results?'' he asked.

He noted that the Adiyan Waterworks was located at Ifako-Ijaiye, where many of the residents had resorted to digging boreholes as a means of getting water.

''A lot of people are falling sick because they don't drink clean water.

''In the same compound, where you have sewage, is where you have a borehole.

''There is no way you can manage the sewage that it will not leak and pollute the water; everyone drinking such is drinking contaminated water,'' he said.

The lawmaker urged the corporation to increase water reticulation and supply to residents.

From: http://www.punchng.com/politics/lawm...rporation-low/

[img]http://yemitom.files./2012/12/mai-ruwa.png?w=546[/img]



www.nairaland.com/attachments/3928528_screenshot20160702074507_jpegb6ef54648b853c62b9f490825c47c180

4 bedroom Townhouse for rent in Agungi. Lekki
Lekki, Lagos Added at 15:09, 13 August 2016, Ad ID: 1000985078

Rent: N3,900,000.00 per annum
Security Deposit: N200,000.00
Legal: 5%
Agency: 10%

Outside
• Gate opens with manual slide system
• Interlocking tiles outside
• Borehole, filtration system and pump set up and working
• 4 water tanks of sizes, 5000 Liters and 3000Litres on the ground
and one 2000 Litre tank raised (as an alternative to borehole
water)
• Small garden strip at the side and in front of the house
• Generator Port
• Good sized security /gateman house
• Large Car port
• LAWMA trash can
• Prewired for 8 Security Cameras round the house perimeter
. Small room outside that can be used for storage or as renter
wishes

More from: https://www./ad/4-bedroom-townhouse-for-rent-in-agungi-lekki-ID15K1VC.html

Orikinla:
'Lagos shows how a city can recover from a deep, deep pit': Rem Koolhaas talks to Kunlé Adeyemi

When you think that in only 20 years, there’s been such a change in Lagos … cities actually grow faster than humans now. You can develop a whole city in less than 20 years. And in 20 years, Lagos has almost completely transformed itself. Why panic?

You need to refund the money of whoever paid you for this image laundering work for Barawo Rogue Fashole.
Below is the comment of someone about the Sailor's Lounge bar in Lekki Phase 1 as of January this year i.e. some seven months ago and the response of the Manger in March i.e. five months ago.

Went in for drinks and everything was a bit sticky, glasses not quite clean. Didn't want to eat there. Garbage in the water between the patio and ramp leading to the seating on the water. Maybe there was a huge party the night before, don't know, will pass on a return visit.

Visited January 2016


***************************************

Temitope O, Manager at Sailor's Lounge, responded to this review, March 11, 2016

Thanks for the honest review, we truly appreciate your comments, as it makes us better. Your complaints are duly noted and extreme measure have already been put in place to avoid a repeat. Also, due to the fact we built the floating bar on water, we occasionally have issues of dirt passing by, nevertheless, measures have also been put in place to ensure the passing dirt does not stay.

From: https://www.tripadvisor.com/Restaurant_Review-g304026-d7291430-Reviews-Sailor_s_Lounge-Lagos_Lagos_State.html#review_345649593

Orikinla:
You have a big problem with logical understanding.
You don't know Lagos.
The Financial Times reporter spent months in Lagos and visited many of the places before writing his report. But you did not even read it before posting your ignorant comment.

You copy and paste photographs of few isolated cases of the failures of few Chairmen of LGAs in Lagos State and want to blame Fashola for that?
What percent of such cases exist compared to the overall development of Lagos State when Fashola was the Governor?

Please save yourself the stress of blowing dogo turenchi.
Na who big vocabulary don epp?
While you posted a news story of seven years ago from an individual journalist who was likely PAID from the taxes of hard working. long suffering Lagosians, below is a ranking of the WORST cities in the world.

Omooba77:
A report released yesterday by The Economist Intelligence Unit ranked Lagos as the third worst city to live, maintaining its position at the lowest rungs of the Global Liveability index.


Several other global reports had also said that Lagos, with a population of over 22 million, would in the next few years, become the 4th mega city in the world, with a population of over 30 million.

The city placed 138th out of the 140 cities ranked in the latest liveability survey, just above war-ravaged Tripoli and Damascus.

“Of the poorer-scoring cities, 13 continue to occupy the very bottom tier of liveability, where ratings fall below 50 percent and most aspects of living are severely restricted.

.
.
.

Steve Ayorinde, Lagos State Commissioner for Information, could not be reached for comments last night as phone calls and text messages to his mobile number yielded no response..


http://www.vanguardngr.com/2016/08/lagos-ranks-worlds-3rd-worst-city-live/

After 17 years of ProgreTHIEF looting of the state of excellence that is what we have- persistently consistent WORST ranking of liveability.
Please keep your LIES to yourself and the zombies whose gullibility encourage you to spew such rubbish trash.

dytbabe:
Dec 26, 2014

I am not a politician nor trying to promote any party
But lagos island is in a MESS

I came here for holidays and mehn, words can't simply express it

I was told this has been on for over 6months, ppeople dying and crying for help but non forthcoming
That water stinks

I am so angry, that I had to step out to take pictures.

www.nairaland.com/attachments/1973881_img2014122603230_jpeg799f2d35e600328f93182225e2391bbf




www.nairaland.com/attachments/1973895_img2014122603236_jpeg485d075040f712b8f8307d1975273b07




www.nairaland.com/attachments/1973927_img2014122603253_jpegd8f38f219e6af362262c6094f7a9ec7e



www.nairaland.com/attachments/1973905_img2014122603242_jpeg1aeef009b62751d4b69a0003b529e03c



www.nairaland.com/attachments/1973906_img2014122603243_jpeg7938cd7d76e2bf011d257d01242cd040

acunon:
Fashola did well with lagos development but could work well with power transformation.

I see that you also bought into the propaganda paper development.
Sorry to disappoint you, bro.



www.nairaland.com/attachments/1964370_sku2_jpege1ebe4de4329955b7ec99f84493ba009




www.nairaland.com/attachments/1964371_sku3_jpegc43fc3a60bbe93a19044cd6322b91898

In 17 years (1999-2016) the JagbaJantis crew has been ruining Lagos state education with only 2,000 public schools today out of a total 14,000 in the state. The 12,000 private schools are largely UNSUPERVISED and not monitored.

http://nigeriavillagesquare.com/forum/main-square/84093-only-2-000-schools-belong-lagos-state-government.html


This ruinous record of the Thief'nubu cabal has been our lamentable lot despite:

- Annual budget increased over 10 times from N42 billion in 2000 to N489.69 billion in 2015. The state budget has been consistently above N450 billion since 2011.
- Annual IGR increased over 53 times from N7.2 billion in 1999 to N384.26 billion in 2013.

http://businessdayonline.com/2014/09/nbs-data-show-lagos-outperforms-13-other-states-in-igr/#.VR56mNzF82E


-World Bank $90 million education loan for which Fashola said no FoI in Lagos when requested how he spent the money on the 2,000 public schools. Understandably so



www.nairaland.com/attachments/1875047_img2014111800173_jpeg9b1c3e1b830058e00636bea988489243




How did we proud inheritors of Awo's sterling legacy allow ourselves to be enslaved by this cabal?
Why did we let our INDIVIDUAL selfishness and greed bring us so low that we are content with PRIVILEDGE crumbs from Bourdillon rather than our rights to COLLECTIVE well being?

Ogbeche77:
Trash

...........that should be handled by LAWMA, surely.

eaglechild:
We can't complete Lagos light rail project

We obviously can't complete Lekki international phantom airport.

And you will be the biggest fool to think that we can complete Eko Atlantic.

Use your head people where do you think we are getting all the money we are using to sponsor Buhari


www.nairaland.com/attachments/2079192_fasholaa_jpegfc425dbc9482db4d2098e4dd5e8bee75

..............and the man was duly corruptly compensated with three ministerial portfolios to STEAL and loot to his delight in recovering his personal investment for the success of the perpetual failure of an "expired" leader.

Recycling 2009 news item, which was most likely PAID for with taxes of hard working Lagosians, to launder the fraudulent dirty image of Barawo Rogue Fashole innit


www.nairaland.com/attachments/2776311_borehole_jpeg6982552b3aa8ea67bec1da4c0172b398



www.nairaland.com/attachments/2776329_lagosprojects2_jpega666e650b9fc5a14f04fa6a8ba0d8a3d

Bizibi:
you are back....

Yes oh, bro.
The demons of craze tried to shut out our democratic space but God is still on the throne.
have a nice week o jare.

Maybe some people told him that our DullardPoo (and Ebola Owu?) are in town.

seunmsg:
Journalism has reallyreally gone to the dogs in Nigeria. Some journalist will just take a story, give it a headline that is misleading and completely different from the main story and people will start reacting based on the false headline. Shame on trentonline for this false and sensational headline.

Buhari and his All ProgreTHIEF Criminals, APC party have actively contributed to the journalism going to the dogs by not ensuring that all our children are in schools. Their record on education is not just zero, it is NEGATIVE.

MathsChic:
Some days ago, I was at a secondary school in Surulere (across the bridge from the Island) in Lagos for a friend's event where he is educating secondary students about the perils of peer pressure. I honestly wasn't expecting what I saw as the state of this secondary school.
It left me wondering if this was a school or a dump yard. Why in heaven's name are Nigerian leaders looking the other way while the young ones study in this sorry environment?

The attached pictures are what I saw. This is no secondary school. It's a hopeless shanty. I hope this gets to front page and attracts the necessary attention.



www.nairaland.com/attachments/3124804_20151126164323_jpeg933998a57f8c28234ccaa665d2fefc46



www.nairaland.com/attachments/3124836_20151126163829_jpeg3798e0f98a572b323f9b9ab93cf4eb74

www.nairaland.com/attachments/2412996_fashola2000schoolsspeech_jpeg6b557f0f99a4c9db2ca62ab885b15f0a



www.nairaland.com/attachments/2027366_buharinu_jpeg5ce072fcf9c5443e849caa9cebbeaa57

GBTYO:
Forgive me, but I thought he went to the Conference to attract foreign investments?

So why in God's name did he have to go all the way to Kenya to tell the world Nigeria is not ready for foreign investment?

How did he come to that conclusion?

Just 2 yrs ago we were the number one destination for foreign investment until he came in and wrecked everything.

Not satisfied with his level of destruction he now junkets around spreading his ungodly and scandalous bleak message on the same Nigeria he was elected to serve, protect and promote.

Is this man well in the head at all?

I always thought he was an idiot but now I know this man was sent on a sadistic mission to destroy this country.

It is not the first time.
I am sure and certain that it won't be the last for DullardPoo of Daura,
Did he not say we are all fantastically corrupt after saying that all our people in the diaspora are criminals.



www.nairaland.com/attachments/3381879_168046_jpegbc55e6d7f4fd3025f6bfe56b49496ba8

[size=14pt]Sanusi/CBN/FRCN indictment report continued[/size]


(C) Available information indicates that the Central Bank has over the years engaged in procurement of goods, works and services worth billions of Naira each year without complying with the express provisions of the PPA.

(D) By deliberately refusing to be bound by the provisions of the Act, the CBN has not only decided to act in an unlawful manner, but has also persisted in promoting a governance regime characterised by financial recklessness, waste and impunity, as demonstrated by the contents of its 2012 Financial Statements.

Unlawful expenditure by the Central Bank of Nigeria on ‘Intervention Projects’ across the country

(A) the unacceptable level of financial recklessness displayed by the leadership of the Central Bank of Nigeria is typified by the execution of ‘Intervention Projects’ across the country. From available information, the bank has either executed or is currently executing about 63 such projects across the country and has committed over N163billion on them.

(B) it is inexcusable and patently unlawful for any agency of government to deploy huge sums of money as the CBN has done in this case, without appropriation and outside CBN’s statutory mandate. It is trite that the expenditure of public funds by any organ of government must be based on clear legal mandates, prudent costing and overriding national interest.

Financial infractions and acts of financial recklessness committed by the Central Bank as reflected in its audited financial statements of 2012

(A) pursuant to Section 50 of the CBN Act 2007, a copy of the audited financial statements of the CBN for the year ended 31st December 2012 was sent to Mr. President. Based on the issues raised in the financial statement, a reaction was requested from you to enable a proper appreciation of the nation’s economic outlook.

(B) the response to this query was further referred to the Financial Reporting Council of Nigeria. The review by the council, rather than allay the fears of government, further confirmed concern bout the untidy manner in which you have generally conducted the operations of the CBN.

Some of the salient observations arising from the review are;

(A) in a most ironical manner, it has become obvious that the CBN is not able to prepare its financial statements using applicable International Financial Reporting Standards (IFFS) whereas Deposit Money Banks that the CBN is supervising have complied with this national requirement since 2012.

Undoubtedly, this laxity on the part of our apex bank, apart from calling to question its capacity for proper corporate governance, is capable of sending wrong signals to both domestic and international investors on the state of the Nigerian economy.

(B) the provisions of the Memorandum of Understanding (MOU) signed by the CBN and other Deposit Money Banks on Banking Resolution Sinking Fund have been breached in a material manner. For example, a Board of Trustees (BOT) to manage the Fund has not been constituted since 2010 when it was established. The CBN has however continued to utilise the Fund for certain operations without approval of the said BOT.

(C) contrary to section 34 (b) of the CBN Act 2007 which provides that the CBN shall not, except as provided in Section 31 of the Act, inter alia, purchase the shares of any corporation of company, unless an entity set up by the approval or authority of the Federal Government,m CBN in 2010, acquired 7% shares of International Islamic Management Corporation of Malaysia to the tune of N0.743 billion. This transaction was neither brought to Mr. President’s attention nor was a board approval obtained before it was entered into.

(D) the CBN has failed or refused to implement the provisions of the Personal Income Tax (Amendment) Act 2007. Accordingly the Pay-As-You-Earn (PAYE) deductions of its staff are still being computed in accordance with the defunct Personal Income Tax Act 2004, thus effectively assisting its staff to evade tax despite the generous wage package in the CBN, relative to other sectors of the economy.

(E) the CBN had an additional brought forward to General Reserve Fund of N16.031bn in 2012 but proceeded on a boy age of indefensible expenses in 2012 characterised by inexplicable increases in some heads of expenditure during the year. Examples include:

1. The bank spent N3.086bn on “promotional activities” in 2012 (up from N1.084bn in 2011). The bank spent this sum even when it is not in competition with any other institution in Nigeria;

2. The CBN claimed to have expended N20.202bn on ‘Legal and Professional Fees’ in 2011 beyond all reasonable standards of prudence and accountability;

3. Between expenses on ‘Private Guards’ and ‘Lunch for Policemen’, the CBN claimed to have spent N1.257 billion in 2012;

4. While Section 6(3)(c) of the CBN Act 2007 provides that the board of the CBN is to make recommendations to Mr. President on the rate of renumeration to Auditors, the bank has consistently observed this provision in breach and even went to the extent of changing one of the Joint External Auditors without notifying the office of the President.

5. In the explanations offered by the CBN pursuant to presidential directives, it offered a breakdown of ‘Currency Issue Expenses’ for 2011 and 2012. Interestingly, it claimed to have paid N38.233bn to the Nigerian Security Printing and Minting. Company Limited (NSPMC) in 2011 for ‘Printing of Banknotes.’ Paradoxically however, in the same 2011, NSPMC reported a total turnover of N29.370bn for all its transactions with all clients (including the CBN).

6. It is significant to note that the external audit revealed balances of sundry foreign currencies without physical stock of foreign currencies in the CBN Head Office.

Questionable write-off of N40bn loans of a bank

The above issues are only a few of the infractions highlighted by the review and which point to the gross incompetence and recklessness which characterised the operations of the CBN in the period under review.

However, the CBN also claimed that it paid Air Charter, such as payments to Emirate Airline (N0.511bn), Wing Airline (N0.425bn) and Associated Airline (N1.025bn) to distribute currency by air nationwide. Emirate Airline does not fly local charter in Nigeria, Wing Airline is not registered with Nigeria Civil Aviation Authority and Associated Airline does not have a billion turnover for 2011 because upon enquiry, the management claimed that they have no financial statements and have not had any significant operations for the past two years that will warrant preparation of financial statements.

The breakdown also include “Currency Issue Expenses” of N1.158bn and Sundry Currency charges of N1.678bn under “Currency Issue Expenses.” As they are in 2011 so are similar expenses in 2012. These are difficult to understand.

Other areas of fraudulent activities include

1. Facility Management N7.034bn in 2012 (N5.751bn in 2011.

2. Foreign Bank accounts that have been closed offshore were still operational in the General Ledger for over six months after they have been confirmed as closed accounts by the offshore banks.

3. The “Know Your Customer” policy is not properly followed by the CBN to the extent that the CBN has unknown customer with account balance of N1.423bn since 2008. The CBN claim that it is taking steps to obtain the required details regarding the address of the customer.

Wastefulness

1. Training and travel expenses N9.24bn in 2012 up from N7.65bn in 2011.

2. Expenses on “ATM offsite policy change” came to N1.045bn.

3. Expenses on “Non Interest Banking” N1.359bn in 2012 up from N0.977bn in 2011.

The CBN is still very heavy on expenses on “Project Eagles” spending N0.606bn in 2012 up from N63m in 2011.

Expense on newspapers, books and periodicals (excluding CBN’s publications) is N1.678 billion in 2012 up from N1.670bn in 2011,


From: http://www.punchng.com/news/the-frcns-report-on-sanusi/

Will this photo throwback our looted money from CBN

barcanista:
Since I was born, I have never witness the kind of hypocrisy, double standard and demonisation that is currently perpetrated by Muhammadu Buhari, the APC, Alhaji Sanusi, Osinbajo and their "good governance crusaders" against the person of President Goodluck Jonathan, Allison Madekwe, and other government officials.

Alhajis Buhari and Sanusi and APC have been going about using every platform to talk about a "missing $20b", cheered by their hypocritical followers that pride themselves as good governance crusaders. They have deliberately gone blind over the fraud of CBN under Sanusi as outlined by the Financial Reporting Council of Nigeria report in February 2014.

Sanusi Indicted And Removed For Fraud
According to the report (see below) Sanusi was indicted for Gross Misconduct that bothers on fraud and financial recklessness among other offence. The FRCN subsequently advised Mr President to remove Lamido Sanusi from office for further investigation and probe after the explanation of Sanusi appeared more like a tale and outrightly illogical according to FRCN. The council indicates that the explanation provided by Sanusi is “a clear display of incompetence, nonchalance, fraud, wastefulness, and abuse of due process and deliberate efforts to misrepresent facts on the part of the leadership of the CBN.”

The council advised the President to exercise the powers conferred on him by Section 11(2)(f) of the CBN Act 2007 or invoke Section 11(2)(c) of the said Act “and cause the governor and the deputy governors to cease from holding office in the CBN.”


April 2014: VP-elect Yemi Osibanjo Filed Case To Stop Sanusi Probe
Rather than Sanusi to prove his innocence in court, he filed a case in Federal High Court, Lagos to STOP FRCN and Other Security Agencies from investigating and prosecuting him through three Senior Advocates of Nigeria, Prof. Yemi Osibanjo, Dr. Kanyinsola Ajayi and Kola Awodien.
http://www.theguardianmobile.com/readNewsItem1.php?nid=24587

13 May 2014: Lagos Judge Tshoho Grants Sanusi Prayers
High Court Judge John Tshoho rather than uphold the constitutional powers of FRCN to investigate probe Sanusi, he granted the prayers of Lamido Sanusi and BARRED FRCN from further investigation or probing Sanusi Lamido Sanusi. In his own words...
“Prejudice is very pronounced in the language of that document. The language of the briefing note (transmitted by the FRCN to the presidency) conveys a sense of the defendant desperately goading the presidency to deal with the plaintiff,”
“The plaintiff submitting himself for investigation (by FRCN) is like the cockroach finding itself in the midst of fowls. Such a cockroach cannot be innocent,”.
http://www.tv360nigeria.com/?p=11923

Despite the fact the President Jonathan commissioned PWC to audit NNPC books to ascertain the veracity or otherwise of Sanusi's claim, Buhari, APC, Sanusi and their online agents that parade themselves as good governance and anticorruption apostles have been crying blue murder but refused to comment on the FRCN report nor the APC's VP elect role in shielding Sanusi for probe.

April 26, 2015: Buhari's Display of Hypocrisy
In his usual hypocrisy, General Buahri vowed to re-visit the $20b allegation but said NOTHING about the FRCN report. In his own word... “Imagine a situation where the former CBN governor who by God ‘s grace would later become the  Emir of Kano raised an  issue of missing billions of money, not in Naira but in Dollars, $20 billion.
“What happened, instead of investigating to know whether it was true that the money was missing or not, they simply found a reason to remove him. So these are the issues we are talking about…"
Contrary to the lies of Alhaji Buhari, Sanusi wasn't removed because he raised alarm, he was removed because he was indicted by FRCN. Jonathan also never kept mute, he commissioned PWC to audit the books. Buhari was also blind to talk about prosecuting Sanusi for the CBN fraud. Perhaps the Emir is as "incorruptible" as him(Buhari)

[size=14pt]The FRCN’s report on Sanusi[/size]



[img]https://www.nairaland.com/download/660265[/img]



The decision to suspend the Central Bank of Nigeria Governor, Sanusi Lamido was based on a report of the Financial Reporting Council of Nigeria dated June 7, 2013.

The report was made after a review of Sanusi’s response to the query issued to him by the President over the apex bank’s financial statement of 2012. His response was dated May 20, 2013.

According to a copy of the report obtained by our correspondent on Thursday, the council indicates that the explanation provided by the suspended CBN governor is “a clear display of incompetence, nonchalance, fraud, wastefulness, and abuse of due process and deliberate efforts to misrepresent facts on the part of the leadership of the CBN.”

The council advised the President to exercise the powers conferred on him by Section 11(2)(f) of the CBN Act 2007 or invoke Section 11(2)(c) of the said Act “and cause the governor and the deputy governors to cease from holding office in the CBN.”

The report read: The particulars of the infractions against Sanusi are:

Persistent refusal and/or negligence to comply with the Public Procurement Act in the procurement practices of the Central Bank of Nigeria.

(A) By virtue of Section 15 (1)(a) of the Public Procurement Act, the provisions of the Act are expected to comply to ‘all procurement of goods, works and services carried out by the Federal Government of Nigeria and all procurement entities.’ This definition clearly includes the Central Bank of Nigeria.

(B) It is however regrettable that the Central Bank of Nigeria, under his leadership, has refused and/or neglected to comply with the provisions of the Public Procurement Act (PPA). You will recall that one of the primary reasons for the enactment of the PPA was the need to promote transparency, competitiveness, cost of effectiveness and professionalism in the public sector procurement system.

More from: http://www.punchng.com/news/the-frcns-report-on-sanusi/

GBTYO:
"PDP DESTROYED NIGERIA IN 16YRS" - Buhari

But then you see him consulting with the same Obasanjo who led the same PDP for half of those 16yrs.

The pretender who said Abacha did not steal our money but now says he is fighting corruption may be asking Ebola Owu how he stole our $16 billion without giving us electricity yet he is still hailed by many zombie youths as their Baba as if they are fatherless orphans.

Nigeria's Obasanjo, his Untouchables, and the $16 Billion Power Scam


More from: http://www.africaundisguised.com/newsportal/story/nigerias-obasanjo-his-untouchables-and-16-billion-power-scam


**********************************************************

Keep away from Obasanjo, he wasted $16 billion on power Owie tells Buhari



https://pointblanknews.com/pbn/wp-content/uploads/2015/05/obj-and-owie.jpg


Senator Roland Owie has blasted ex Pres­ident Olusegun Obasanjo over his perceived posture to influence the incoming administration of President-elect, Gen. Muhammadu Buhari.

Reacting to a Think-tank report submitted to Buhari by a team of technocrats put together by Obasanjo, Owie described the document as needless.

In a statement issued in Abuja on Sunday, Owie, who is also a former Chief Whip of the Senate, asked: ”How can Obasanjo be preparing a blueprint for Buhari? A Bini parable says, ‘how can an impotent man get medicine for his brother, who suffers weak erection?’”

Expressing disappointment at Buhari’s romance with Obasanjo, Owie said “Obasanjo will tell the world that the solutions he prescribed for fixing Nigeria were ignored.”

Continuing he said, “I just read that Obasanjo’s think-tank has submitted a blueprint to Buhari. Blue what?

“I am shocked that great Nigerians of the likes of Prof. Akin Mabogunje, Dr. Idika Kalu and Dr. Christopher Kolade were involved. That Obasanjo is linked to the blue-print, it will be a document of blackmail to Buhari very soon.

“Wonders will never end! How can Obasanjo who allegedly wasted eight years in government pursuing perceived enemies, and tried to ruin the legislative and judiciary arms of government in Nigeria; wasted $16 billion on power and not a single kilowatt of energy was produced, destroyed Aladja Steel, Itakpe Steel, Ajaokuta Steel, NITEL, just to mention a few FGN parastatals, now begin to advise Buhari?

“How can Obasanjo, whose government received, in one year, a revenue equivalent of the total revenue that IBB regime received in eight years, yet, nothing to show for it, be handing over blue-print to the in-coming administration?

More from: http://pointblanknews.com/pbn/exclusive/keep-away-from-obasanjo-he-wasted-16-billion-on-power-owie-tells-buhari/

slawali:
Africa must rise up,bad leaders is the major problem.

Not true, sir.
Bad leaders looters are there because the people allow them to be there.
QED!
No argument!
No more!! No less!!!



www.nairaland.com/attachments/3084794_DumbPeople_jpg287f2b4d3ead2f536f99f92cbca9c590



www.nairaland.com/attachments/2174510_nigeriansmobmentality_jpegd710c25fa577a4f0fb35da579ff1eb3d



[img]https://www.nairaland.com/avatars/pcvhprupz53v0i2s3lqkiiftaebf16ps1287728[/img]

millionaireman:
Loooool. I laughed tire over this your short take.

What goodies have aged, outdated and barely educated men like these got to bring to Nigeria from their meets other than stale and moribund ideas?

Aged, outdated and barely educated men who have no qualms killing in cold blood either by political assassinations or electoral failure violence just to achieve their personal, inordinate ambition.
Unlike the gentleman hero of our democracy.



www.nairaland.com/attachments/2048446_jo1_jpeg9647ab2f33b35a522a7189f8d790a2f0



www.nairaland.com/attachments/2472012_political_jpeg159c20bce885539ba1c0f382a90b89ce



www.nairaland.com/attachments/2027919_image_jpeg9f360c5ab7736510df54c882e9dbf188



[img]http://babajidesalu.files./2014/08/bola-ige-burial.jpg?w=1000[/img]

Let us hope they discussed the matter of Chibok girls who were kidnapped by the BBOG, Bring Back Our Government (to the north) crew?
Let them not just waste the lives of those poor girls as collateral damage for the ambition of the perpetual failure and "expired" leader who was packaged for us in 2015.



www.nairaland.com/attachments/2086803_103387287707102596807188497009572757904956n_jpegff71b7e1c6606ccca9e45b84778ea211

HungerBAD:
Damn.

This Buhari tall oh.

Somebody in Otueke will not be sleeping today, after seeing Obasanjo and Buhari together in the News.

Someone who called and conceded before results were announced is the one who will not be sleeping?
What then should the man who said dogs and baboons will be soaked in blood in 2011 and activated the almajiris to fulfill his fatwa
Compare and contrast like someone who has grey matter na!
Abi you no get am for grey matter ni?




www.nairaland.com/attachments/2048446_jo1_jpeg9647ab2f33b35a522a7189f8d790a2f0



www.nairaland.com/attachments/2472012_political_jpeg159c20bce885539ba1c0f382a90b89ce



www.nairaland.com/attachments/2027919_image_jpeg9f360c5ab7736510df54c882e9dbf188

Let us hope they discussed the matter of Chibok girls who were kidnapped by the BBOG, Bring Back Our Government (to the north) crew?
Let them not just waste the lives of those poor girls as collateral damage for the ambition of the perpetual failure and "expired" leader who was packaged for us in 2015.



www.nairaland.com/attachments/2086803_103387287707102596807188497009572757904956n_jpegff71b7e1c6606ccca9e45b84778ea211

EVarn:
Should we deny dangote forex simply because we want to "level the playing field"?,

Yes.
Dangote is a business man. He is not running a philantropy the last time I checked. Or is he
How much TAXES is he paying sef? Or rather how much tax is he NOT paying?
Na so monopoly of too-big-to-fail but without benefit to the people dey start for Buhari's 97%




https://www.youtube.com/watch?v=ZYUBTU2ZgFY

aresa:
Members Of The British Parliament..

Were they also paid $700,000 appearance fee like Clinton
Keep fooling your zombies, you hear!

Bill Clinton once made $1.3 million in TWO DAYS from speaking gigs and has made $105m in twelve years
.
.
.
.

THISDAY Newspaper Group paid Clinton $700,000 for a Lagos, Nigeria speech on March 25, 2011. The organization paid Clinton an additional $700,000 for a February 13, 2012 speech.

Read more: http://www.dailymail.co.uk/news/article-2672292/Bill-Clinton-1-3-million-TWO-DAYS-speaking-gigs.html#ixzz4IeyfagPL

https://www.dredgingtoday.com/wp-content/uploads/2013/02/Eko-Atlantic-Celebrates-Land-Reclamation-Milestone..jpg

GBTYO:
If Ekiti with the highest GDP of Doctorate holders and Professors is backward, what of that educationally backward Osun which is now dragging last position in WAEC scores with Yobe?

You mean that even with AreGbese's Opon Imo Ofo that made his son, Kabiru an overnight billionaire, Osun is dragging last position with Yobe?
Impossi.can't! Impossible!!
Let me ask Baba Kabiru himself?



www.nairaland.com/attachments/2630622_cjlpxmiwsaap2su_png84e6ed0c16cc1a142bc93d7da71a34a9



www.nairaland.com/attachments/3425400_oshogbo_jpeg_jpegcb19277af27e193e4565bf136d696d0b

Love Machine:
This rice company will be ready after 40 years.By then,most people would have died of buhari's imposed hunger or Nigeria would have disintegrate.

We won't die of hunger.
We have found a way to adapt to the harsh realities of Buhari economy by safeguarding and securitising our food.



www.nairaland.com/attachments/4154190_foodprotectionbuhari_jpegc1990d1e353277144a6e91114e752e25

NafeesaAA:
That won't be a problem, the rice mill has the entire rice farms in Kano as its supply base. Jigawa state rice producing areas of Hadejia, Auyo, Kafin Hausa, and Jahun are less than 80km to Kano. Any surplus from Dangote will be utilized.

Thanks for the evidence-based pictorial updates.
Lovely.
Any information about making sure that ALL the children in the states concerned go to primary, vocational and secondary schools to learn modern farming methods among other things as well as mechanical maintenance for the factories machines, tractors etc otherwise all these will fail as they failed in the past due to non-sustainability.



[img]http://www2.ed.gov/nclb/overview/intro/presentation/Slide1.jpg[/img]

gwales:
God bless PMB

...............for CONTINUING the good legacies he inherited from the last administration instead of simply cancelling them as he did in the 80s and as Yar'Adua did in 2007.
Yes, God bless him for that.



www.nairaland.com/attachments/2085409_hh_jpeg07b0e6e05a4624e7545331a83b844508




www.nairaland.com/attachments/2098905_agriculturereform_jpega059f1921e04629987b0d142212d4df7

lomprico:
Good! I hope d loan extends to the farmers in ebonyi. I saw their "rice hill" sometime last month n was astonished!

Note. The tiny dots at d top are people.



www.nairaland.com/attachments/3074084_img20150709wa000_jpeg7cbcb35c5f93b890a7ce92b4c0df8a1c

surgecom:
www.nairaland.com/attachments/2172881_benlizadv1_jpeg3feefb390c1c4486f3b82260ed336086


yes o.
Its the Nigerian Ofada Rice fully grown in Abeokuta and packaged at Ikorodu factory.

Its an idea I have been nurturing over 4 years now. Thank God it came to reality.
Support it.
Cheers.