₦airaland Forum

obasiken:
So atleast Arms were procured and supplied to the Nigerian armed forces. The matter is now the method of procurement.

APC desperately hanging onto straws to defend their lies.

Pidggin:
The comment by the APC Chairman says a lot about why they have been after SS states, no need to say more.

kaeforum:
Why so negative, pmb body odor is working.

bobkezel:
And some gullible non-thinking brainless f00ls will believe this crap.

AmazonKindle:
a goat is born

naijainfogalery:
Damn!!! Some people will not sleep tonight. You can imagine people living and making money from a country and still looking for the down fall of such country.

whether you like it or not Nigeria shall be great again and no power shall be again to disrupt our success. What they dont understand is the downfall of a country is directly your downfall cos its gonna affect you one way or the other.

If you believe Nigeria will be great for you and no matter what happens you wont be put to shame, abeg hit the like button

Bekwarra:
The 2016 budget is

- a joke,
- a disgrace and
- a representation of the unwholesome reality

of governance in Nigeria.

PAINGAIN:
The only thing i read from this is just one thing.... Corruption, corruption, corruption. Which was the same thing CDD said. Soon it will b ine year in office and d only thing these people will b saying is that buhari is making headway in fight against corruption.

pluto3:
Mumu president....

Aufbauh:
The Wailing Wailers are of course the most disgraceful, colourfully shameless and with zilch credibility.

PhockPhockMan:
But Buhari, in the document titled, ‘I pledge to Nigeria’ had also said that all his political appointees would only earn salaries and allowances as prescribed by the Revenue and Mobilisation and Fiscal Allocation Commission.

He said, “I pledge to publicly declare my assets and liabilities, encourage all my appointees publicly declare their assets and liabilities as a pre-condition for appointment. All political appointees will only earn the salaries and allowances determined by the RMFAC. I pledge, as Commander-in-Chief, to lead from the front and not behind in the comfort and security of Aso Rock, to boost the morale of fighting forces and the generality of all Nigerians.”

http://www.punchng.com/news/buhari-vp-fail-to-declare-assets-publicly/

jeeqaa7:
Tit for tat

bloodyBLOGGER:
Perhaps, you have a technology that alerts you everytime a thread on lagos development hits Front page.

johnca:
5. Lagos Urban Rail – Blue line
Estimated completion date: 2016

The blue line was initially slated for completion in 2011, but has suffered delays due to funding problems. Lagos State Governor Akinwunmi Ambode said in November 2015 that the state’s light rail project would be completed by December 2016 and would commence operation immediately.

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/

psquaret:
– He says the country is paying for sins it committed by not saving.

FG, States, LGs Share N568.4 Billion for Oct



[img]http://cdn1.vanguardngr.com/wp-content/uploads/2015/09/412x247xOkonjo-Iweala-e1442838220305.jpg.pagespeed.ic.nz-K0adxSv.webp[/img]



Also, $1billion was proposed for distribution to complement shortfall in expected revenue." The $1billion is a compromise by the FG over its words in September not to augment shortfalls anymore.

Responding to the presentation, the chairman of the States Commissioners of Finance and Ebonyi State Commissioner of Finance, Mr Timothy Odaah, lamented that the statutory allocation was getting smaller and smaller. "It appears this is the worst in terms of returns. This is the least in allocations as far as this year is concerned. We are mourning the dearth of funds and this is a wakeup call for states and local governments to buoy up their internally generated revenue."

While appreciating the "magnanimity" of President Goodluck Jonathan to approve the $1billion from the excess crude account and to be shared among the federal, state and local governments, Odaah expressed disappointment with the returns made by the NNPC.

He said that [size=14pt]the states had requested for $2bn[/size] to complement for the shortfall in revenue but got only $1billion. In September, Odaah and fellow commissioners had walked out of the Accountant General of the Federation (AGF) when the federal government said that the framework of the 2013 budget was no longer realistic and it won't augment shortfall in revenue. Odaah raised issues with the statutory allocations of previous months.

More from: http://allafrica.com/stories/201311150323.html

HungerBAD:
Mr President.

I beg to disagree with you. Goodluck Jonathan did not do anything special, he got his behind whopped by the Nigerian Electorate, tired of him and his thieving Cabal, and he respectfully did the RIGHT thing by handing over to the Winner.

Nigeria is still a Democratic Country, and there is nothing special if a "LOSER" passes on the BATON of Power to the "WINNER".

doyinisaac:
Welcome to Nigeria,a country where people celebrate you for accepting defeat...just do election and loose and accept defeat then you become a hero...

stephenduru:
President Buhari has commended the gesture of the former president Goodluck Jonathan on relinquishing power after losing the 2015 general election which ensured that Nigeria remained peaceful despite predictions of tension before the elections.

The president lauded Jonathan while speaking at the European Union parliament’s plenary session in Strasbourg, France on Wednesday, February 3 while further stating that Jonathan set a trend that no other Nigerian leader has set.

holamiday:
Offshore workers don finish me ontop that comment. Some say they be helicopter sef.

holamiday:
I don't get. This explanation is a total sham. A complete scam. An uttter charade.

arresa:
What do you do to an obsolete plane with no bomb rack, that can not fight, carry weapons or deploy weapons against your enemy.?

You either throw it away or reconfigure it to do what you want and expect it to do by installing bomb racks and deployment mechanisms.

Only dummies, idiots, crooks and unpatriotic elements buys decommissioned and defanged planes to prosecute wars.

This was done not to fight anybody or BH, it was done just to loot funds.

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/

wazobiaN9:
Anini, anomaly abi what is that your name again??

Why are you bringing a full academic thesis to a comedy class??!

Get a tooth and smile small!

chubhiee:
Gbawe can you see where your epistle has landed us?

samtexooo:
Truth is gradually coming come......lair muhamed over to you,jst blame gej

anytexy:
Good. your right. when it is time for ex-presidents to do so he will definitely join them.

...F A C T.. C H E C K ...

'Obasanjo and Atiku in 8 years built one UNIVERSITY each for themselves....Bells and ABTI.
They built NONE for Nigerians.

Jonathan and Sambo in 4 years built 14 (FOURTEEN) new universities for all Nigerians.
NONE for themselves.

NOTE: OBJ and ATIKU are now consultants/sponsors/piloters/members of APC....



www.nairaland.com/attachments/2023224_106334837960003637540871239247822158463153o_jpega322806fc65b78cc91e1dd619380fecb

Sourced from: https://www.nairaland.com/2146237/why...ive/4#30711260

OrlandoOwoh:
The ineffectual boffoon must answer to his crime.

Bullet01:
Time don dey reach small small be that.

OrlandoOwoh:
I'm sure the wailing wailers here don't know the danger that leakage of information poses. Go find out how information leakage in handled in the White House.

naijadeyhia:
Your answer is on that screen grab from Wikipedia