₦airaland Forum

erico2k2:
Oga I understand u but let me remind you. This project is up and running so how can the APC government abadoned it?in other news amaechi just abadoned the mono rails.if I go near it I shall take a foto that's what abadoned means.

obailala:
Are you currently aware that oil prices have now further plunged to $35/barrel and in addition to being unable to produce up to 2million barrels per day, Nigeria also has a hard time these days even selling its crude cargo?

Please and please, Nigeria belongs to us all and Nigeria is presently in big trouble.

modath:
Thank you, same reason i don't engage 95% of the people of this forum... Intelligent discourse is almost impossible .... they deviate from the subject matter to name calling & buck passing without even an iota of comprehension of subject matter.

A quick /simple perusal of Yahoo homepage 2-3 times a week is enough to keep one informed about the issues on ground & how bad the situation is going to get...

Most of the comments are in jest as far as I'm concerned.

My own problem with the past admin is not seeking a plan B to our mono produce export economy in the time of plenty (140$ peak) to fall back on in the time of inevitable famine..... Dazall.

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

Laid2001:
Fash is the man for the work.

I really dont care how much it costs you. Just get it done.
We will see visible change by 2019 at all cost.

ShowYourCertificate:
It's confirmed bro. Even a Lt Colonel was among the casualties. This Buratai of a guy only knows only to do press ups and to kill weaponless shiites. God help us.

deebsman1:
Mumu if ur models like dasuki had not embezzled money meant to empower the army, bh would not have had the gut to b tackling our gallant soldiers like dis. u dy here dey mock change. onye ara

Lousymouth:
Let them be Snaping Pictures and be posting.. We dont have light for like 3days... Landlord dey halla us for house... our roads are bad from Bariga to shomolu to Ibadan.... Keep snaping you hear... Minister of Photography!!!

lordkay10:
Bros, you obviously know little or nothing about this topic, I can't but wonder when people keep believing Buhari will turn things around overnight, what we are experiencing with the fall of the naira right now is an aftermath of the misdeeds of Jonathan's government, coupled with the dwindling oil prices which definitely affects our foreign reserves. It was public knowledge how the previous government distributed dollars during the last electioneering campaigns, now the chicken has come home to roost and we are seeing the effects. I personally don't believe NOI could have performed any magic in this present situation, wasn't it under her watch several billions of dollars was stolen?
If I may ask, just mention one single thing you think the last administration did right that made the exchange rate better than it is presently, there lies the answer to all these blame games
God bless Nigeria

experimentist:
Just 7months you complaining? remember we waited 16years for pdp and nothing good to write about

madridguy:
BRF, always looking intelligent and classical. From the unset I knew you will make us proud.

ShowYourCertificate:
But APC said they are going to revamp our economy. They said a litre of fuel will be sold for N40 and the price of the naira against the dollar will improve. So are you implying the APC don't know anything about economics before making such promises?

musicwriter:
Everything GEJ built in 6 years is being destroyed in 7 months.

No petrol.

No kerosine.

No Dollar.

No light.

No more media freedom.

e.t.c

oluwafemim:
Yes We wanted change...Change we ve got.At least some of the stolen Money are coming in.

IsraeliAIRFORCE:
Government of the propagandists by the liers and for their sycophants/gullible.


No Looted Money Returned - CBN

On efforts by the central bank to assist the Buhari administration in its fight to stem corruption, the CBN governor said the bank will be happy to play a role once the opportunity presented itself and will be happy to receive recovered funds as they would improve the country’s reserves, but no money has been recovered to date.


http://www.thisdaylive.com/articles/emefiele-cbn-s-forex-demand-management-is-starting-to-work/216805/

Okimski:
Despite claims that his administration has recovered stolen money from previous government officials, President Muhammadu Buhari, it was disclosed, is yet to give details of the recovery to the Federal Ministry of Finance.

Addressing journalists in Abuja at the end of the monthly Federation Account Allocation Committee (FAAC) meeting in Abuja on Friday, the Minister of Finance, Mrs Kemi Adeosun, when asked how much had been recovered from those who looted the treasury, said President Buhari was yet to provide the ministry with details of how much had been recovered but the recovery process was ongoing.

The minister did not say if the recovery had been lodged into the federation account to be shared by the three tiers of government or was still domiciled in a separate government account pending further directive from the president.

The recovered money became an issue at the October 2015 FAAC briefing when the finance minister stated that funds available for disbursement at the end of the meeting was more than the amount shared in the previous month.

She also said that the ministry was doing everything within its powers to increase revenue for the federation.

At the end of the FAAC meeting, the Federal, State and Local governments shared a total sum of N473.83 billion for the October 2015 Federation Account Allocation Committee (FAAC) meeting.

This set of allocations to the three tiers of government marked a pleasant departure from the previous months of falling allocations.

The October 2015, FAAC disbursements, the finance minister said, represents an increase of N83.89 billion compared to the N389.93 billion distributed in September.

Adeosun, who presided over her first FAAC meeting as Minister of Finance, gave the breakdown of disbursements to journalists shortly after the month’s FAAC meeting which began at 5pm and lasted up till 8:09 p.m.

The minister said the amount shared comprised of revenue from statutory sources made up of N388.59 billion and Value Added Tax, N57.78 billion. Of this amount, the statutory allocation to the three tiers of government, she said, was the Federal Government N191.99 billion, States governments N97.38 billion and local governments N75.07 billion.

Adeosun also said the sum of N24.14 billion was allocated to the oil producing states based on the 13 per cent derivation principle. While under the Value Added Tax (VAT), allocations, the Federal Government received N8.66 billion, states governments pocketed N28.89 billion and local governments were given N20.22 billion to share.

She put the gross statutory revenue for the month of October at N400.31bn stating that this was higher than the N321.99bn received in the month of September.

http://thenationonlineng.net/buhari-yet-to-give-finance-ministry-details-of-recovered-loot-adeosun/

MadCow1:
Thanks to Jonathan and Dasuki

When Oil Prices were at 120 USD per barrel, Jonathan & Pay-Pay in collaboration with Dasuki, Jim Nwobodo, Bafarawa, Odili and cohorts were busy sharing our money like 'WHOT'.

No wey Oil Price na 32 USD per Barrel, wetin una expect.

I believe that BUHARI is a right man for Nigeria now, but it seems like we waited 6 years too late to elect him.

Just imagine if Jonathan had won the last election, Dasuki and co would be chilling somewhere enjoying their loot and even planning on looting more and we Nigerians would have been ignorant and oblivious to it.


#GodPunishPDP..

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

jamesharryson:
blame gej for this

sanmibukunmi:
they should fix our education first before giving free meal.

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

MrKong:
Ambo ooooo, Ambo!

While Jonah wasted 6yrs finding his bearing in governance and still planning to fight corruption with imaginary instruments nobody had clue about...here is a man who knows exactly what to be done, how to do it and the means to do it.

See him: "Jonah and the Forty Thieves"

Freemanan:
People should know you as a human being who is intelligent and normal first. Then being a Buhari/APC Hater should be secondary.

You shouldn't build your social media life around insulting And criticising ... There is more to life than APC/PDP....

I know say him go insult me... I cover myself with all the blood....

Olukat:
Ironically, his convoy drove pass the "flying monorail" to commission GEJ train.
In 2016, our enemies will walk tru their piles of failures to celebrate our achievements.
Amen!

Kenai:
The Rivers Monorail has already arrived...

And it's about to take off...
[img]https://www.nairaland.com/attachments/1570278_images-4_jpeg_jpeg2ce038dbd0b51d8e59b0a0d616a6e40b[/img]
.
.
.
.
.

[img]https://www.nairaland.com/attachments/1570371_screenshot_2014-07-23-16-07-14_png29b18d0d659492af789f2e7a9401cc15[/img]

... To outer space.

Mogidi:
He delivered good governance hence his protégé was unsuccessful in his bid to become governor.
Amaechi is high on grade 1 Buhari urine.


https://www.monorails.org/webpix%203/cnstRivers02.jpg

otokx:
@Anonimi good job with the photos.

eazydon:
At my backyard in Aba. our own train over here is very real. 2 times in a day it vibrates the ground.


www.nairaland.com/attachments/2079404_img20150113093139_jpeg8f36fa35ec568ebebe48dc9074e8a29d



www.nairaland.com/attachments/2079405_img20150113093149_jpeg45b4b86e153dd40d6444417ccd494db4



www.nairaland.com/attachments/2079406_img20150113093253_jpegcc2a295343e86e1d334e86c6a037f084



www.nairaland.com/attachments/2079407_img20150113093347_jpeg7aa09c0ad00e0efe871c8884a2c64f87

Chosen1984:
The Kind of Money Invested in Apc by the present TRANSPORT MINISTER would Build 3 or more Refineries in Nigeria!!

APC GO AND SIT DOWN!! UNA & PDP NA THE SAME PEOPLE!!
NONSENSE! LUBBISH

scribble:
https://www.karensperspective.com/wp-content/uploads/2010/03/dollar_rain.jpg




Dollarization Of The APC Primaries: How Amaehi Vanquished Atiku #saibuhari

The blogosphere was inundated with reports of the excessive sharing of dollars at the All Progressives Congress which took place during the latter part of last week.

One APC supporter and Special Adviser to Osun Governor on Environment, BolaIlori had blown the scandal open after he saw the beginning stages of the dollarization in action.

He took to his Facebook page and scribbled, “Crazy things are happening here!!! Some of these cannot represent the change Nigeria is yearning for. Excessive dollarization by one of the aspirants to is to say the least obscene. I have been involved in political process for decades now, I have never witnessed this volume of raw dollarization of party primaries. I only read about this kind of things in PDP primaries. A question been asked by conscientious delegates is that whoever can be giving out between $2000 to $5000 to…delegates certainly does not represent the kind of change Nigerians want…those who contributed to the pauperization of Nigeria now revel in dollarization… majority of Ondo delegates are still standing with Buhari but have been reduced from 85% to 70% within 24 hours…the remaining has gone with dollars ooo.!!!!!”

One has to wonder how Buhari was able to win the primaries in this era of stomach infrastructure where dollars are like the Biblical manna that God sent down from heaven to nourish the Israelites as they made their way to the promised land.

Sources close to the APC with knowledge of the way the Primaries unfolded have revealed that it was Rivers State Governor, Amaechi who flew back to Rivers State and returned to Lagos on Thursday morning with enough dollars to make Benjamin Franklin blush.

It has been revealed that Atiku offered the delegates $5000 each, but Amaechi doubled it to $10000 a pop. Thus turning the tables in favour of General Buhari.

Since his adventure into the APC, Amaechi has gone out of his way to prove himself a party loyalist, always the first to shoki or azonto at the many events the APC holds, which he himself is usually the chief sponsor.

According to party insiders, Amaechi has overtaken Tinubu as the major financier of the party. One does not need to wonder why he is always at President Jonathan’s throat over misappropriated oil wells or other such business. Anything that diminishes from the State’s coffers will have a ripple effect on his funding budget for the APC.



Joe Francis wrote in from Port Harcourt.


http://www.theheraldng.com/dollarization-apc-primaries-amaehi-vanquished-atiku-saibuhari/

erekoshe:
Please don't provoke me o... Quote people that make sensible comments not this kind guy.. So 2billion Naira will upgrade NTA to CNN.. Wtf!


Let's watch as NTA will turn to CNN before 2019.

Tom29i:
if tins are nt put in check quickly I see dis economy roasted soon. Currently boiling

mikolo80:
But why did jonathan give us this Cbn governor for crying out loud Ehn why didn't he just go back to otuoke in peace

Freemanan:
Total net worth of CNN is 4.3billion dollars.. Hence we need no rocket science.... So that money given to AIT will comfortably upgrade their HDTV to a new level....