Anonimi's Posts
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eyoama:Do you think they will also invite Amaechi and all the APC delegates who he shared $$$$$$$$$$$$$$ rain with to nominate Buhari? Do you think ![]() Kenai: Mogidi: |
ezebunafo:Spot the difference, IF you can. ![]() scribble:www.nairaland.com/attachments/2281191_politricks_jpeg1e074f9e4eb2ed17a7bc4617eb7731cb |
panachuku: scribble: |
ITbomb:And his visit to our country, of which he was elected president on March 28, will be merely to see his never-increasing 150 cows ![]() How did we allow ourselves to be SCAMMED into electing such a dumb. dull and daft person? How ![]() [img]http://1.bp..com/-iVDTtjddWS8/VS0l7XZGXZI/AAAAAAABZeU/fMoxHSkHe3E/s1600/11149501_10153537066033488_6364011717335504715_n.png[/img] https://static.pulse.ng/img/incoming/origs3890681/2955565900-w644-h429/Buhari-cows-2.jpg |
kulboy:Chai this is classic. https://www.freesmileys.org/smileys/smiley-happy023.gif |
IykeChukz:www.nairaland.com/attachments/3110645_fbimg1448076237755_jpegb81705f215df4cf84b2646faec06a206 |
DecemberIV:Abeg na where the masses want take see money to buy horse and all the extras for playing polo ![]() Horse price na the same as tuwo price ni? Have the northern masses even sent all their children to school first before thinking of buying horses to play polo ![]() Why do we like to DECEIVE ourselves like this? Haba! https://www.nigeriaintel.com/wp-content/uploads/2012/05/almajirai-21-300x210.jpg [img]http://4.bp..com/-ahop7_s7ZAo/UCOvB3fD8XI/AAAAAAAAADM/QPLqWth0Q-I/s1600/almajiri_3.jpg[/img] |
Nice way to spend OUR money that he allegedly made off with as CBN governor, not so ![]() Money that could be used to provide education for all our kids, tap water, roads etc to generate EMPLOYMENT for jobless youths. How could our Vacant Pastor (VP) Osinbajo buy court protection from PROBE for this Alhaji thus allowing him to start singing of ever-changing allegations of missing money in NNPC? How could that have happened? 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.The FRCN's report on Sanusi [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/ Sanusi/CBN/FRCN indictment report continued (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/[/QUOTE] |
TRADELYN:Noted with many thanks and archived for future reference. |
TRADELYN:Grateful if you can locate that picture and post here. Please mention me if you do. Thanks. |
Nor be today oh. Then there is not enough police men to cater for our security nereds and help fight crime since every one dey follow oga/madam to do houseboy work. ![]() https://www.fctpost.com/wp-content/uploads/2015/05/police.jpg www.nairaland.com/attachments/294278_chinainafrica_jpgbd4ea16cc6391fffe329bb549e5ad537 murtalaa: |
calliope:Abeg leave our megida oh. He is just enjoying the RIDE of his life since he had no toys growing up. ![]() www.nairaland.com/attachments/2856745_france1_jpegbcac12e5182a39792bfe884c7ba4f4fd www.nairaland.com/attachments/2534006_bac_jpegc61aa2b5c36e6eaed9536f13d8712e19 GMB Speech While Addressing Nigeria Community In The United Kingdom. I Will Maintain a modest lifestyle as President -Muhammadu Buhari. "One of the major killers of our economy apart from corruption is waste. Our scarce resources are being plundered away very carelessly and unnecessarily wasted. Let me give an instance, presently, there are more than 6 aircraft in the presidential fleet. What do you call that? Billions of naira is budgeted every year for the maintenance of these aircraft not to talk of operational cost and other expenses. You may want to ask what a Nigerian President is doing with so many aircraft when a Prime Minister of Britain fly around using the same public aircraft like an ordinary Briton. Go and check and compare with that of any developed country in the world, the office of the Nigerian President is a very expensive one inspite our high level of poverty, lack and joblessness. Despite all these, you still find a Nigerian Minister spending about N10billion to charter an aircraft for just one year. Now, for me, when we come into office, all these waste will be blocked and properly channelled into our economy. We intend for instance, to bring back our National carrier, the Nigerian airways. We shall do this by bringing all the aircraft in the presidential fleet into the Nigerian airways and within a year increase the fleet into about 20. More from: http://www.osundefender.org/?p=217159 |
Midgut:I hope the zombies will finally be redeemed from the winchious spell of the broom-wielding, coven dwellers of APShit. I hope!!! www.nairaland.com/attachments/2837478_apczombie_jpeg18e83b86a22c6378b2e3f37984ea3432 www.nairaland.com/attachments/2162677_img20150225204321edit_jpeg56bb1cb2db278f716bb3a9df7c4cd726 |
OZAOEKPE:True talk about the HYPOCRISY displayed by ALL religious leaders/people, especially of Sanusi's type. https://www.elainestorkey.com/wp-content/uploads/2015/10/child-not-bride-nigeria-info-photo-courtesy-budgit.jpg |
Interesting country! Interesting people!! 200 million mumus!!! www.nairaland.com/attachments/2174510_nigeriansmobmentality_jpegd710c25fa577a4f0fb35da579ff1eb3d https://www.youtube.com/watch?v=dMWUS1W_ITc |
mbizzy:Or Omoyele Sowore is the one buying very expensive market that may involve the Bank of America suing him and sending him to jail after bankrupting his rag sheet of an online gossip paper! www.nairaland.com/attachments/3159430_screenshot20151206160540_jpegc71e99156922d74d21ea0676d9aba376 Why don't you ask yourself why the useless journalistic harlot is NOT sharing bank account statements and sms tweeters of "alerts" by the bank as he did earlier? Make we sef dey take style use our grey matter na, abi na wetin? When we nor be zombies? Haba!!! [img]https://www.nairaland.com/avatars/ngpqy14me9hk5qty8uc53ap8iowc4elq1111115[/img] www.nairaland.com/attachments/2837478_apczombie_jpeg18e83b86a22c6378b2e3f37984ea3432 |
xreal:Don't blame him too much oh..............he had no TOYS when he was growing up na im cause am ![]() www.nairaland.com/attachments/2856745_france1_jpegbcac12e5182a39792bfe884c7ba4f4fd www.nairaland.com/attachments/2534006_bac_jpegc61aa2b5c36e6eaed9536f13d8712e19 GMB Speech While Addressing Nigeria Community In The United Kingdom. |
LatestTrend:YES! topeorekoy: |
Goldenboy01:Bro, please can you explain HOW God will have mercy on us to help us resolve this health matter ![]() Thanks. www.nairaland.com/attachments/2855780_motivationquitoswallpaper10684725_jpegbb9fda572c41a8a09a122f47defd399e |
Good move by our mothers, sisters and daughters etc. I thought Tinubu/Fashola/Ambode built "world class" health facilities ni ![]() Oh I forgot that the ACN/APShit progreTHIEVES are liars from time immemorial. anonimi:www.nairaland.com/attachments/3084794_DumbPeople_jpg287f2b4d3ead2f536f99f92cbca9c590 |
harristo:Funny in a very SAD way. Very sad and PATHETIC! |
LatestTrend:Why should she bother when the Alaafin of Oyo is permannently in residence on her territory ![]() Have we not all SHAMELESSLY sold ourselves as INFERIOR people to the oyinbos? Despite our EQUAL intellectual capacity! [img]http://www.nigeriafilms.com/image.aspx?img=Y29udGVudC9jb250ZW50L2ltYWdlLmpwZ2VydDI2NC5qcGd8NjAw[/img] |
DIVINE78:What has the Buubu who was not "cursed" brought to us in seven months but misery, misery and even more misery ![]() www.nairaland.com/attachments/3117857_image_jpeg_jpeg6f95b5e7a24ad4fc0808d6698fd37362 www.nairaland.com/attachments/3119478_img20151126054733_jpegd06beccc5cbecc39bed76a3ec0990a04 www.nairaland.com/attachments/3117406_buharitweet_pngd9b40924c169374b3cbc8d30d63f7e44 www.nairaland.com/attachments/3115090_seunoloketuyi1223747310596353674000681876567738n_jpegf23910bd963a3dbb9d74ad4621bdda8b www.nairaland.com/attachments/3117129_image_jpeg9f360c5ab7736510df54c882e9dbf188 www.nairaland.com/attachments/3115325_screen20151117081532_jpeg4074cd992f9f27ba7019c05dd1cf85b6 www.nairaland.com/attachments/3118357_20151123093727_jpeg60c07435d6aec16f16c8652711ba6c1d |
Good one from our President, Alhaji Muhammadu Buhari. More of such pronouncements matched by ACTION. https://pbs.twimg.com/media/B-_or5ZUoAAqlz3.jpg www.nairaland.com/attachments/2510983_twimg20150606110224_jpeg5c1c6f8907ece26082a279a94e87412c should never be allowed to CHANGE into this => www.nairaland.com/attachments/2184457_idiamin_jpeg_jpeg9180183dde6fce8e4edb759eb9db779b |
allanphash7:You may have forgotten all these, so let me help your memory a little, right www.nairaland.com/attachments/2236329_fbimg1426964019374_jpegf0426a8233bbbeb8b2d08838e693f36e www.nairaland.com/attachments/3054865_vp_jpeg444345bcdcb410269d58d4e2bb72121a egift: |
voltron:www.nairaland.com/attachments/2027365_buhariporn_jpeg00bdbadc19c49b9d6dfabad8ea7b886e |
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