₦airaland Forum

wastedsperm:
How rivers state end up with this useless man is still a mystery.

Orikinla:
Happy Birthday Pa Robert Mugabe.

Mugabe would have stepped down years ago, but he has not seen any worthy person to succeed him.
He intimidates them with his outstanding credentials.

bigdoo:
Buhari na pikin for him hand na. Why we de complain say GMB don old?

dragonking2:
Theif!!!

susolzik:
this is someone that couldn't afford his own flight ticket to abuja for his ministerial confirmation

Curlieweed:
No be only multi-billion, na multi-trillion. E be like say they take simple maths cuss Apeeshit.

Praktikals:
Obasanjo go dey envy this man

rheether:
For God so love Robert Mugabe that he allowed him to remain in power even at the age of 92..

samogo1:
No Bsc?

chumaster:
Can a fresh university graduate that is yet to go for his NYSC with no engineering experience apply?

Mylove55:
arrest him without proper investigation?

BushidoBlue:
Lack of leadership and direction is killing the country and you know it..

When Jonathan was in power, as corrupt as you say he was, the nation was moving...
Even when there was a Global recession, Nigeria didn't feel it...
Now what is happening

Don't worry we know your tricks...
You need to fish corruption in our faces to prove you are working
Whilst you loot us from the rear in the budget.

Firefire:

‘A budget that moves domestic spending in Aso Villa from N580m to N1.7bn cannot be a budget of change’

Abuja – Sen. Eyinnaya Abaribe (PDP Abia South) on Wednesday in Abuja, berated the 2016 budget and called on President Muhammaduu Buhari to withdraw it and go back to the drawing board.

Abaribe while making contributions during the consideration of the budget, said the proposal was faulty on many grounds and could not be implemented at it was.

He said that predication of oil benchmark at 38 dollars per barrel when the crude oil price had fallen below 30 dollars per barrel made the budget unrealistic.

Abaribe faulted the government for increasing spending by 30 per cent based on borrowing.

“Mr President, my colleagues, this budget is indeed unique. After the budget presentation, the finance minister has never come to explain the details of the budget as it is normally done.

“It is a budget of change I agree, but it is a change in the wrong direction. I say it is a change in the wrong direction because it says that it is based on zero budgeting requiring all expenses to be fully justified.

“Mr President, a budget that increases spending up to 30 per cent based solely on borrowing, in what way are we justified? That is the question we want to ask the people who brought this budget.

“We know what is going on in the global economy: this budget is predicated on an oil benchmark of 38 dollars per barrel and I can now say that with oil being 28 dollars today, this budget is dead on arrival.

“The job of the opposition is to help the government to get its priorities right, so I want to please urge this government to withdraw this budget and go back to the drawing board,” he said.

The senator also faulted the adjustments made in the budget as well as allocation for spending in the Aso Rock Villa, saying that it was too exorbitant.

He said that the adjustments rather than reduce spending in areas where they were not necessary only spread it into different offices.

“Mr President, a budget that moves domestic spending within Aso Villa from N580 million to N1.7 billion cannot be a budget of change.

“We were told that in the revised budget there was an adjustment due to error, we agree but what has happened is that up to N7 billion were moved from buying vehicles and spread to offices.

“It also increased the spending that is due to renovations within the Villa.

“They are going to renovate the Villa with N3.9 billion: what else do you want to renovate there that Nigerians will see in the Year 2016?” he asked.

However, in his contribution, Sen. Ahmed Lawan (APC Yobe North) blamed the previous administration for the lack of funds due to the embezzlement witnessed in previous governments.

He said that this was the 17th budget he would be debating as a legislator and noted that not more than 40 per cent implementation was achieved in the last 16 years.

“The proposal before us is the first budget where the executive has deemed it necessary to give ordinary Nigerians genuine hope.

“N500 billion allocated for school feeding and social SAFTEY NET is commendable.

“It is time to say oil should not continue to play dominant role as we have suffered economically and politically: it is time to diversify this economy.

“The direction of the executive is the way to go. `That is, we should make every effort to have the real sector-agric mining and manufacturing.

“The budget deserves the support of everyone, including my colleagues on the other side. When we were in the opposition we supported the PDP, they should support us,” he said.


www.nairaland.com/attachments/3317046_budgettt_jpegd73bb73944448e30966f27bc22a4c756


http://www.vanguardngr.com/2016/01/602809/

francizy:
Just shout change and all your pains, sorrows and worries will be taken away...

obajoey:
With the present value of naira against the dollar and the pound, it has not been so easy paying for ACCA exam fees. Two of my friends had to stop for now due to the daily and weekly fall in the value of naira. Though the international body of ACCA had to reduced the amount for students from Nigeria just because of the down-turn of the economy.

If you are planning to write or you have been writing, how are you coping ooo

Pls share your experience and how you are coping...

osesology:
This is exactly why the Bible said ``human intelligence is like foolishness in the sight of God''. Our intelligence does make us look foolish sometimes, subconciously. Let me get back to work before I land myself in the unemployment market by argueing with a pugnacious fellow...and I'll advice you to do same, or are you jobless?

osesology:
It is exactly what the world see as rubbish that God uses to manifest His works. Since you are smarter than him, how come you are not in aso rock? This is exactly what people said about the apostles Jesus chose to follow him in those days, yet those relegated people became the pioneers of our present christian faith were we now have people with PHDs becoming pastors. Whether you like it or not, Buhari is your RULER.

francizy:
Amaechi finally agreed he was dumb for not knowing there was train service in his state...

osesology:
This man has always got swag, even back in the day. No wonder his children are so beautiful.


www.nairaland.com/attachments/3425886_buhariyoungcv_jpeg10853002c219fd819e94413c71e62d07

PassingShot:
[s][/s]

Burger01:
Still saying same shiits over and over again. Don't spam my mention this early morning. Are you already high on skunk

PassingShot:
The governors were right to ask for their share since the FG was always stealing from the account without their knowledge and approval. The question is, what did NOI and GEJ do with the FG's share of the money? No be loot dem loot am?

kodded:
lol this apc sha....... once they know that nigerians are groaning and wailing they will just churn out lies about gej government without any evidence. .... no wonder they find it hard to present any strong evidence against them in court

Burger01:
Anini, I wonder why you don't ever make sense in a day. Your posts are full of programmed worms and rubbish. You just don't ever make sense. Na so Jonathan syndrome affect your brain

amanda2013:
well am still wondering why Buhari said Abacha did not steal.

Burger01:
Jonarhan is everything that's wrong with Nigeria. The root of corruption in this country is Jonathan and his thieving crew...shameless thieves and shameless wailing followers

You guys should be ashamed of yourselves

Obasanjo shared $74million Halliburton bribe, Okiro Panel says: • OBJ also pocketed another $5 million with PDP • Interim Panel report disappeared in Aso Rock
MAY 18, 2010

President Olusegun Obasanjo, who led Nigeria from 1999-2000, during which time he swore to fight corruption in the country, obtained considerable helpings of the infamous Haliburton bribe money, the Special Investigation Panel headed by Inspector-General of Police, Mike Okiro, has declared in an interim report.


More from: http://saharareporters.com/2010/05/18/obasanjo-shared-74million-halliburton-bribe-okiro-panel-says-%E2%80%A2-obj-also-pocketed-another

GudluckIBB:
10 Billion Naira is huge!
It wouldhave gone along way in providing water, buy New transformers, provide equipments to hospitals.

Jonathan didn't do well.

Firefire:
Fellow Nairalanders, in response to Fashola comments below on not receiving enough support from the federal government to complete the Lagos light rail project.

[size=15pt]
"Fashola said all over the world, when cities and states build municipal rails like what Lagos is doing, their central governments support them morally and financially"[/size]

https://www.nairaland.com/2120455/cant-complete-lagos-light-rail

Few months ago same Fashola said this:


[size=15pt]Lagos: How We Spent N160bn World Bank Loan on Light Rail Project[/size]

The Lagos State Government yesterday justified the N160 billion it borrowed from the World Bank, noting that the fund was channelled to finance its light rail (blue line) project.

However, the state government expressed disappointment at the progress of the project, which it said, was not executed as smoothly as possible, but was optimistic of its completion.

The state Governor, Mr. Babatunde Fashola, said this shortly after inspecting the light rail terminus at the Orile-Iganmu part of the state alongside some members of the state executive council.

Speaking with journalists, Fashola said the project would have been completed in another 12 months despite that the project execution was not as smooth and speedy as he wanted it.

The governor raised questions on the intention of the federal government for publishing the state debt profile in the recent time, wondering what could have informed the decision to make it public.

He said: “I think it was the Debt Management Office of the federal government that published the report that we have a debt of about N160billion. I do not know the intent of the publication.

“But if it was to inform the public, I think we have always kept the public informed anytime we borrow money. If there are other intentions behind that, only those who make the publication would know what the intentions are.

“But you see, when people talk about debt of a state like Lagos, they forget that after Nigeria, South Africa, Egypt and one other country, we have the fifth largest economy in Africa.

“When you are talking of about a billion naira debt to a population of over 21 million people; because if you are measuring the debt, you also have to measure the responsibility. Those are the things people keep in isolation.”

He, therefore, explained that the state government already “has in place, strategies to repay the loan. The federal government was in the know of the state’s decision to take the bond and it approved it.”

[size=15pt]He added that the truth “is that what they do not also say is that no state in Nigeria can borrow money outside, from any multilateral agencies without the approval of the federal government.[/size]

“What they did not say is that they approved it. No state can raise money by bond the way we have done without the federal government’s approval. [size=18pt]Both SEC and NSE are all federal regulatory agencies through which we must pass. If they said okay, it means there must be something good about the debt.
[/size]

“Our rating as a state is the same as that of the Federal Republic of Nigeria, BB minus-stable with a positive outlook. We are the only state in Nigeria that has that rating. The first bond that was taken during my first tenure has been paid; the first tranche has been paid.

“I think the second tranche will be settled around 2016 or 2017. We are already making provisions. The provisions that will be there will be in excess of what is needed,” the governor said

Fashola expressed satisfaction on the progress of the light rail project, though decried the petty delay that was encountered as a result funding, saying the project would have should have been completed in another 12 months.

http://www.thisdaylive.com/articles/lagos-how-we-spent-n160bn-world-bank-loan-on-light-rail-project/188736/

Firefire:
Government of distraction.

anonimi:
True talk, bro.
Let's give them 48 hours before we conclude that the tweet will not be denied.

All Propaganda Congress, APC


www.nairaland.com/attachments/3224589_lairs_jpg6e0caea0fb4a33217c062310b908b6df



www.nairaland.com/attachments/3356469_screenshot20160131120000_jpeg639beaec46d4ced684f639998a489af2

modath:
Facts & figures that only tell half & his side of bias stories! Issokay!!