Politics › Re: "Leave Trash For Lawman" - Senator Ben Bruce Tells Pres. Buhari by anonimi: 6:56am On Jan 23, 2016 |
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Art, Graphics & Video › Re: NL Pictures Album by anonimi(op): 4:57am On Jan 23, 2016 |
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Politics › Re: Governor Ambode's Light Up Projects That Have Turned Lagos Into London(pics) by anonimi: 11:03pm On Jan 22, 2016 |
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Politics › Re: Governor Ambode's Light Up Projects That Have Turned Lagos Into London(pics) by anonimi: 10:49pm On Jan 22, 2016 |
Ochek: It's all useless if I still get to spend my productive hours in traffics. ................unfortunately the traffic gridlock will continue for a very long while. Reason  The money for light rail has been used to sponsor Buhari's election.  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 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/ |
Politics › Re: Governor Ambode's Light Up Projects That Have Turned Lagos Into London(pics) by anonimi: 10:39pm On Jan 22, 2016 |
MrAligator: Ambode please dont forget us at surulere only because thats where fashola has his family house.The street lights on Itire road has been completely off for almost a month now,something we have never experienced in more that 4years. How is TAP water in the area? What is the state of all the roads in Surulere and Itire Road?Abi dem dey put street light for jagajaga road ni  [img] http://yemitom.files./2012/12/mai-ruwa.png?w=546[/img] |
Politics › Re: Checkout Olisa Metuh's Swag Today Immediately Handcuff Was Removed From Him(pics by anonimi: 10:36pm On Jan 22, 2016 |
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Politics › Re: Governor Ambode's Light Up Projects That Have Turned Lagos Into London(pics) by anonimi: 10:25pm On Jan 22, 2016 |
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Politics › Re: Governor Ambode's Light Up Projects That Have Turned Lagos Into London(pics) by anonimi: 10:20pm On Jan 22, 2016 |
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Politics › Re: Governor Ambode's Light Up Projects That Have Turned Lagos Into London(pics) by anonimi: 10:17pm On Jan 22, 2016*. Modified: 10:48am On Jan 24, 2016 |
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Politics › Re: Governor Ambode's Light Up Projects That Have Turned Lagos Into London(pics) by anonimi: 10:09pm On Jan 22, 2016 |
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Politics › Re: Governor Ambode's Light Up Projects That Have Turned Lagos Into London(pics) by anonimi: 10:04pm On Jan 22, 2016 |
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Politics › Re: Governor Ambode's Light Up Projects That Have Turned Lagos Into London(pics) by anonimi: 9:56pm On Jan 22, 2016 |
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Politics › Re: ‘I Had Orders From Above To Make Sure Metuh Arrived Court In Handcuffs’ -the Sun by anonimi: 8:01pm On Jan 22, 2016 |
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Politics › Re: John Kerry Carries Buhari’s Anti-corruption Campaign To Davos by anonimi: 6:51pm On Jan 22, 2016 |
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Politics › Re: Buhari's/APC.'s Campaign Promises by anonimi(op): 12:30pm On Jan 22, 2016 |
justurch: IN an administration fighting against corruption, that is in need of diversification, President Muhammadu Buhari has presented a budget that would appropriate N29.7 billion to his Ministry of Agriculture in comparison to N115 billion to a “do nothing” National Assembly. Even when you add the planned appropriation for the Universal Basic Education (N77.1 billion) together with the Ministry of Agriculture (N29.1billion), the National Assembly still gulps about N15 billion more than them. What a priority!
Nigeria is in need of security no doubt. But this ought not to be an excuse for duplication. President Buhari budgeted N294.5 billion for the Ministry of Defence. The Ministry of Interior also has a lot to do with the security of the country and has a budget of N145.2 billion. We also have the Nigeria Police Formation and Command budget at N283.09 billion. Then there is tucked somewhere in the budget something called Operation Lafiya Dole to cost Nigerian Tax Payers N10 billion. “Lafiya Dole” is an Hausa Language expression that means “Compulsory Peace” or “Peace by Force.” If you add up the four, it gives you N732.79 billion.
With over N732.79 billion to these all important Ministries and Departments that deal with our security, can President Buhari explain to Nigerians what his National Security Adviser would be doing with additional N57.7 billion? This National Security Adviser allocation is an amount that is higher than the funds allocated to the Ministries of Transportation, Water Resources, Works, Power and Housing put together! Haba!
President Buhari promised to create employment for Nigerian youths. But he budgeted only N7.8 billion for the Ministry of Labour and Employment. He also budgeted N9.5 billion for the Ministry of Mines and Steel Development, a sector that could easily generate high employment if properly funded and managed. Science and Technology Ministry received only N25.8 billion. Also remember that the Ministries of Transportation and Water Resources received N13.7 billion and N7.2 billion respectively.
The immediate paragraph above contains five of the most important ministries that could have positive impact on the people if any government is serious at all. Their total expenditure is N64 billion. This is less than what President Buhari allocated to his Minister of Special Duties: N72.8 billion! Pray, what are the Special Duties to be done that they should cost so much? Then add N45.3 billion allocated to the Office of the Secretary to the Government of the Federation and Office of the Head of Service, N6.4 billion. What further evidence of misapplication of funds do we need than all these?
President Buhari has allocated to the Federal Character Commission N2.09 billion! What do they do in that Commission that would cost the Nigerian Tax Payers this much just in one year? Then there is what is called Outsourced Services that would cost N5 billion and Presidential Amnesty Programme which would also cost N20 billion. Who are the targets of this Amnesty Programme? Is it Boko Haram Terrorists, or Niger Delta Militants?
Why did President Buhari budget N45 billion for INEC in a year when there is no national election? What is this money for? Is this money just for salaries or other assignments? If this amount is for assignments, what is the nature of those assignments? Nigerians deserve answers to these questions.
President Buhari needs to explain to Nigerians what Mr. Lai Mohammed would be doing with N39.1billion allocated to his Information Ministry that would be more important than what Ministry of Transportation N13.7 billion, Ministry of Water Resources N7.2 billion and the Ministry of Industry, Trade and Investment N10.5 billion would be doing? These three Ministries’ allocation put together is less than Lai Mohammed’s Ministry of Information!
How could President Buhari justify the proposed spending of N400 million on a weekend symposium? Yes, the 35th Annual General Meeting and Symposium of Shelter Afrique slated for June 2016! How can an administration that is yelling against wastage and corruption approve such amount of money for a two-day affair?
It is interesting to know that N2.3 billion would be showered on all former Heads of State, Presidents and their deputies just within one year alone. This is upon the mismanagement and tragedy they have all visited on this country. However, more interesting is the N19.9 billion budget that President Buhari and his coteries in the Presidency would spend in the coming year.
The most scandalous part of the Budget is what a commentator on social media described as follows: “N1.75 billion for President Muhammadu Buhari’s feeding in 2016 is a direct attack on collective commonsense of Nigeria and a stark contrast to his promised change.
Is it not fraud for Buhari to deceive Nigeria by publicly drinking N10 Milo sachet (tea) during the Presidential election campaign? Even if Buhari is feeding Sharks, Whales and Buffaloes in Aso Rock, N1.75billion is too much for one man, when millions of Nigerians are finding it difficult to feed even once a day.
Former President Goodluck Jonathan was almost roasted for budgeting N1billion in 2011 and reducing it even to N717.3 million in 2013, N542 million in 2014 and N530 million in 2015, but Nigerians are silent on these reckless squandering by Dr. Buhari.”
http://www.ngrguardiannews.com/2016/01/the-deceptions-in-2016-budget/ |
Politics › Re: UN Appoints Amaechi UNITAR Member, Board Of Trustees (PICS) by anonimi: 12:28pm On Jan 22, 2016 |
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Politics › Re: UN Appoints Amaechi UNITAR Member, Board Of Trustees (PICS) by anonimi: 12:27pm On Jan 22, 2016 |
Silencerh: So, u mean no background check(s) was carried out on him before his appointment?? Even if its a slot meant for a country, does that guarantee given it to anyone(as u dey cite truck Pusher as an example)?? Dey dere dey hate while he keep excelling in all he do #awon_olote_buruku# Was Diezani not made OPEC President some time ago  abbccc: The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has been elected the first female president of the Organisation of Petroleum Exporting Countries (OPEC).
Alison-Madueke was shortly elected President of OPEC at the ongoing 166th General Meeting of the body in Vienna, Austria. She replaces former President of OPEC, Libyan Vice Prime Minister for Corporations, Abdourhman Atahar Al-Ahirish.
She was before her election this morning the alternate president of OPEC and is expected to immediately begin to serve her one-year term at the helm of OPEC affairs.
OPEC is expected to at the 166th meeting, take key decisions that could halt the dwindling price of crude oil. Al-Ahirishhad in his opening remarks before the closed door meeting stated that ample supply, moderate demand, a stronger US dollar and uncertainties about global economic growth have been key factors in the recent price trend.
This he noted was in addition to the impact of speculative activities in the oil market.
http://www.thisdaylive.com/articles/petroleum-minister-alison-madueke-elected-first-opec-female-president/195193/ And subsequently passed to Kachikwu who replaced her as Minister for our country  ijustdey: www.nairaland.com/attachments/3143561_ibennpc_jpeg498ab7ffe723644bb728aa684b5107c6
http://dailypost.ng/2015/12/02/minister-of-state-kachikwu-replaces-alison-madueke-as-opec-president/ |
Politics › Re: UN Appoints Amaechi UNITAR Member, Board Of Trustees (PICS) by anonimi: 12:22pm On Jan 22, 2016 |
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Politics › Re: Borno Elders: The Real Sponsors Of Boko Haram by anonimi: 10:50am On Jan 22, 2016 |
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Career › Re: 8 Annoying Jobs Nigeria Graduates Do In Order To Survive At Overseas Countries by anonimi: 4:10am On Jan 22, 2016 |
Nyceguy92: Apart prostitution and drug pushing, these jobs are legitimate and they pay well. Non Nigerians do it, white people do it. White graduates knock on doors to deliver pizza to individuals, etc.
However, Nigerians are more into health care jobs such as Nursing. Others work in electro-mechanical and other assembly lines, not as morticians or nannies.
The system is set up in such a way that every sector must function very well... So the need must arise for those jobs regarded as "below status." Do you mean white UNDERgraduates deliver pizza The white graduates who do these "below status" jobs, what is their percentage compared to the black GRADUATES?Thanks. www.nairaland.com/attachments/2967417_nj_jpeg37ee3fbdac35f2474cf93c1a290bf69a[img] https://www.nairaland.com/avatars/xv2r4ena5hlpfff67f3ip3h9957s9gcj1572403[/img] |
Career › Re: 8 Annoying Jobs Nigeria Graduates Do In Order To Survive At Overseas Countries by anonimi: 3:53am On Jan 22, 2016 |
babamajor: I pity u for displaying ur level of ignorance, d so caled people u mentioned are not complaining its u that is crying on their behalf. I started my life in america as a cleaner despite d fact that am a gradute in nigeria but d person that took my there made me realised that that was d post that was vacant then. As i cleaner i earn $12 per hour which translate to over 5million naira in a year aside frm my overtime. Within 2years i was able to build a house wat 6million naira in nigeria. People like u always remain poor bcus u beliv u are a big guy that cant do just any job. Who lives in your house in Nigeria? What WORK are they doing in Nigeria?Why do they not EARN enough income to live in their own houses? How much tax, rates & levies do you pay on the house in Nigeria as they do in the USA so they can have 24 hours
- electricity - tap water - police security - traffic control - good roads everywhere?www.nairaland.com/attachments/2967344_fbimg1434225651845_jpeg5115ccd6291745b88c0764f9c715b052www.nairaland.com/attachments/2855782_imaginationwallpaper10708146_jpeg8ab611433e315906637ee14df7014eeb |
Career › Re: 8 Annoying Jobs Nigeria Graduates Do In Order To Survive At Overseas Countries by anonimi: 3:44am On Jan 22, 2016 |
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Career › Re: 8 Annoying Jobs Nigeria Graduates Do In Order To Survive At Overseas Countries by anonimi: 3:36am On Jan 22, 2016 |
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Career › Re: 8 Annoying Jobs Nigeria Graduates Do In Order To Survive At Overseas Countries by anonimi: 3:29am On Jan 22, 2016 |
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Art, Graphics & Video › Re: NL Pictures Album by anonimi(op): 3:13am On Jan 22, 2016 |
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Career › Re: 8 Annoying Jobs Nigeria Graduates Do In Order To Survive At Overseas Countries by anonimi: 9:00pm On Jan 21, 2016*. Modified: 3:10am On Jan 22, 2016 |
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Politics › Re: Ibrahim Magu Meets Wole Soyinka To Discuss How To Fight Corruption - Photos by anonimi: 7:09pm On Jan 21, 2016 |
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Politics › Re: ''Why I Dumped PDP For APC'' — Ekwunife by anonimi: 5:48pm On Jan 21, 2016 |
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Politics › Re: Achievements Of The Jonathan/Sambo Administration In Pictures by anonimi(op): 4:35pm On Jan 21, 2016*. Modified: 9:22am On Oct 07, 2016 |
AwesomeRomeo: (K for kobo, N for Naira) •Gowon - from 6k to 8.45kobo •Murtala - from 8.45k to 9k •Obasanjo - from 9k to 15.3k •Shagari - from 15.3k to 20k •Buhari - from 20k to 20k (Price remains the same) •Babangida - from 20k to 39.5k •Babangida - from 39.5k to 42k •Babangida - from 42k to 60k (Private Vehicles) •Babangida - from 60k to 70k •Shonekan - from 70k to N5 (Naira) •Abacha - from N5 to N3.25k (Price drops) •Abacha - from N3.25k to N15 •Abacha - from N15 to N11 (Price drops) •Abubakar - from N11 to N25 •Abubakar - from N25 to N20 (Price drops) •Obasanjo - from N20 to N30 •Obasanjo - from N30 to N22 (Price drops) •Obasanjo - from N22 to N26 •Obasanjo - from N26 to N42 •Obasanjo - from N42 to N50 •Obasanjo - from N50 to N65 •Obasanjo - from N65 to N75 •Yar'Adua - from N75 to N65 (Price drops) •Jonathan - (New year present) N141 •Jonathan - (After labor strike) N97 °Jonathan - (Before election) N97 to N87 °Buhari - (again) from N87 to #85 or N86.50k (Price drops after removing the subsidy) https://motoringworldng.com/wp-content/uploads/2016/03/Fuel-queue-at-a-Mobil-Filling-station-in-Lagos.jpg |
Business › Re: Why Do Our Bank Charges Us N301 While Cbn Sell For Them At N199 Per Dollar by anonimi: 3:28pm On Jan 21, 2016 |
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Business › Re: Why Do Our Bank Charges Us N301 While Cbn Sell For Them At N199 Per Dollar by anonimi: 3:26pm On Jan 21, 2016 |
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Jobs/Vacancies › Re: Job Opportunities: Why I Envy Lagos State by anonimi: 11:50am On Jan 21, 2016 |
bettercreature: The sea port is the major reason here that is why land luck countries always suffer I thought Port Harcourt and Calabar also have sea ports, not so  |