Former Head of State and Presidential candidate of the Congress for Progressive Change (CPC), Major General Muhammadu Buhari has faulted the federal government’s clampdown on Boko Haram Islamic insurgents. He accused the government of killing and destroying their houses while the Niger Delta militants were given special treatment by the government.
Buhari who first spoke in Hausa before the English version accused politicians from the Niger Delta region of starting the current in security in the country by recruiting and arming youths of the region in their desperate attempt to retain power as governors. The former Nigerian leader said that unlike the special treatment given to the Niger Delta militants by the federal government, the Boko Haram members were being killed and their houses demolished by government.
While accusing President Jonathan of failing from the beginning to address the security situation in the country, Buhari said he has never been in support of the state of emergency in Borno, Yobe and Adamawa state.
“How did Boko Haram start? We know that their leader, Mohammed Yusuf started his militant and the police couldn’t control them and the army was invited. He was arrested by soldiers and handed over to the police.
“The appropriate thing to do, according to the law, was for the police to carry out investigations and charge him to court for prosecution, but they killed him, his in-law was killed, they went and demolished their houses.
“Because of that, his supporters resorted to what they are doing today. You see in the case of the Niger Delta militants, the late President Umaru Musa Yar’adua sent an aeroplane to bring them, he sat down with them and discussed with them, they were cajoled, and they were given money and granted amnesty. “They were trained in some skills and were given employment, but the ones in the north were being killed and their houses were being demolished. They are different issues, what brought this? It is injustice”.
AfonjaPriest: Politicians are like tinubu. They are all failures.
The ones in Prosperity and Development Party, PDP are obviously less failures than those of palliative sharing APC, not so
thisweekng: The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.
He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.
He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.
“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.
“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.” Private sector to drive the economy
Prospect of a possible alliance between the Action Congress of Nigeria, ACN and Congress for Progressive Change, CPC, was dashed yesterday in Kano as the leader of the party and former governor of Lagos State, Asiwaju Ahmed Bola Tinubu described CPC as parading “expired leadership.”
Tinubu told ACN supporters in Kano during the party’s Presidential rally that: “What Nigerians need now is a transformation in leadership” as obtained in the advanced economy.
The two-term Governor of Lagos State explained that the leadership of ACN was offering Nigeria the brilliance of Nuhu Ribadu who, he said, is in the class of Nicolas Sarkozi of France, David Cameron of Britain, Medvedev of Russia and Barack Obama of the United States of America.
“What has CPC got to offer? We certainly don’t need expired leadership as we are offering the best in terms of brilliance, courage and patriotism in the class of Sarkozi of France, David Cameron of Britain and Barack Obama of the USA.”
Tinubu’s position came on the heels of Ribadu’s declaration penultimate week in Kaduna when he hinted during a political rally of a joint ticket between the two opposition parties to confront the dominance of the Peoples Democratic Party, PDP.
The national leader of ACN criticised President Goodluck Jonathan for shying away from the national debate held last Friday, stressing that”that singular act exposed Jonathan as a coward who has nothing to offer.”
Instead of the change promised, Oshiomhole’s Assembly of Past Criminals, APC has only shown us extreme poverty shege, which Tinubu has taken to the extra level in the last two years.
Emergingnation: Flashback: How Bola Tinubu spoke highly of Buhari in 2015, named PDP ‘Poverty Development Party
National leader of the ruling All Progressives Congress, APC, Bola Tinubu had during the presidential campaign in 2015, referred to President Muhammadu Buhari as the only solution for the security and economic challenges facing Nigeria.
During a mega presidential rally, the former governor of Lagos State recalled how some powerful nations in the world returned to army generals when they were challenged, saying “Major General Buhari would revive Nigeria’s economy”.
He named the current opposition People’s Democratic Party, PDP as the “Poverty Development Party saying they had nothing to offer.
His words at the time were; “Every nation has a period of their own challenges, when America was challenged, they turned to one great man, their ex-military general, General Eisenhower. When the French were challenged, they turned to their general, Charles de Gaulle.
“When Britain was challenged, they turned to their general. Today, Nigeria is economically and physically challenged so we turn to General Muhammadu Buhari. He is the right man for the job. If you talk about military experience, he has it abundantly, he has courage, simplicity, he has it abundantly.
“If you talk about great determination, a combination of vision and ability to perform, honesty and integrity, he has it abundantly.
“I laugh when the incapable government, ‘Poverty Development Party’ PDP were talking. They have nothing again to say, they now want to question the qualifications of General Buhari and look for his certificate”.
Following the manifestos in 2015 which projected the APC presidential candidate as a ‘saviour’, Buhari defeated the then incumbent president, Goodluck Ebele Jonathan with Nigerians expecting a total change in security and economy.
An old video of Nuhu Ribadu, now Nigeria’s National Security Adviser, has resurfaced showing him emotionally pleading with U.S. officials to help end terrorism and insecurity in Nigeria. The clip reappeared amid news that former U.S. President Donald Trump wants to assist Nigeria in fighting terrorism and ending Christian genocide. Many Nigerians are now questioning what has changed, with some accusing the U.S. of only seeking to exploit Nigeria’s resources rather than genuinely help.
Was it before 2015 when Tinubu made his expired soldier president? Or it was after the fiasco of fake promises and propaganda packaging
Emergingnation: Flashback: How Bola Tinubu spoke highly of Buhari in 2015, named PDP ‘Poverty Development Party
National leader of the ruling All Progressives Congress, APC, Bola Tinubu had during the presidential campaign in 2015, referred to President Muhammadu Buhari as the only solution for the security and economic challenges facing Nigeria.
During a mega presidential rally, the former governor of Lagos State recalled how some powerful nations in the world returned to army generals when they were challenged, saying “Major General Buhari would revive Nigeria’s economy”.
He named the current opposition People’s Democratic Party, PDP as the “Poverty Development Party saying they had nothing to offer.
His words at the time were; “Every nation has a period of their own challenges, when America was challenged, they turned to one great man, their ex-military general, General Eisenhower. When the French were challenged, they turned to their general, Charles de Gaulle.
“When Britain was challenged, they turned to their general. Today, Nigeria is economically and physically challenged so we turn to General Muhammadu Buhari. He is the right man for the job. If you talk about military experience, he has it abundantly, he has courage, simplicity, he has it abundantly.
“If you talk about great determination, a combination of vision and ability to perform, honesty and integrity, he has it abundantly.
“I laugh when the incapable government, ‘Poverty Development Party’ PDP were talking. They have nothing again to say, they now want to question the qualifications of General Buhari and look for his certificate”.
Following the manifestos in 2015 which projected the APC presidential candidate as a ‘saviour’, Buhari defeated the then incumbent president, Goodluck Ebele Jonathan with Nigerians expecting a total change in security and economy.
You allowed Wike to use you against the party's interest and now you want to take charge and he's also not allowing it
For how long will people allow themselves to be used by Wike for his own selfish interests, only to dump them later
anonimi: Wike lobbied PDP committee to be Atiku’s running mate – Ex-gov’ship aspirant
Thu, 29 Sep 2022 14:33:04 WAT
Muazu Magaji, a former governorship aspirant of the Peoples Democratic Party in Kano State, has alleged that the Governor of Rivers State, Nyesom Wike, lobbied members of the party’s committee constituted to advise the presidential candidate, Atiku Abubakar, on the choice of his running mate.
Magaji disclosed this while speaking on Channels TV’s Sunrise Daily, on Thursday.
The Kano politician also argued that there was no proof that Atiku promised Wike the vice president position as claimed.
The PDP committee had recommended the Governor of Delta State, Ifeanyi Okowa; Governor of Akwa Ibom State, Udom Emmanuel and Wike.
The committee, however, scored Wike above the other two contenders but Atiku decided to settle for Okowa. A decision that has since unsettled Wike’s camp.
Magaji, however, claimed that Wike lobbied to be scored ahead of others, adding that the Rivers State governor should not be trusted with important positions in the country.
2023: PDP and politics of healing Wike’s self-inflicted injury
Then, the race began in earnest for three years now, reaching a frenzy with the works of the two PDP committees on zoning. The first was the Gov Ifeanyi Ugwuanyi committee on the zoning of the PDP party offices. The Ugwuanyi committee quickly told the world the committee’s assignment did not cover zoning the office of the president. Though this was true, the question is: why didn’t the Ugwuanyi committee zone the PDP chairmanship to the North without aligning it to the divide that would produce the PDP presidential flag-bearer? The second committee headed by Gov Samuel Ortom of Benue state was specifically on the zoning of the presidential ticket and, with the votes of the representatives of all the 17 Southern states without any exception, the Committee unanimously recommended throwing open the PDP presidential ticket, which the PDP NEC simply upheld.
One thing irrefutably stands out – Wike shot himself in the leg. Here was a man who had an overarching influence on both committees but could not insist that the ticket be zoned South. Many had wondered why? The reason is also relatively in plain sight: the Southeast factor. As the clamour for zoning of the presidential ticket of the PDP to South reached its crescendo, many had pointed out the fact that though the PDP Constitution had prescribed zoning of the office of the president to be between North and South since the South-west and South-south had taken their turns in producing the president and the vice in this current dispensation in the persons of Olusegun Obasanjo and Goodluck Jonathan, zoning this time around, should not just be to the South but the Southeast.
Atiku Abubakar went a step further by offering to step down from the race if it would be agreed that the touted zoning to the South would mean micro-zoning to the Southeast. Wike and the rest could not take the Atiku challenge maybe because Atiku would likely back Peter Obi, who was his vice-presidential running mate in 2019 and an ally. The prospects of Peter Obi picking the ticket if PDP zoned South was so real compelling Wike to go for an open contest, believing he could pick it up ahead of Atiku, Tambuwal and Bala Mohammed, given his large war chest.
ddippset: Says a man who hijacked the party and singlehandedly produced the last 4 National Chairmen of the party for his own selfishness.
Says a man who accepted nomination to be running mate to Fulani Atiku. He knew it was injustice to give Atiku the ticket yet he lobbied to be the VP.
He knew the party had to go South for the 2023 election, yet he still put Secondus as National Chaiman just to hijack the party.. Only to push Secondus out because he wanted the ticket 2023.
This man remains the biggest problem of PDP.
He can only deceive and fool his minions, not reasonable people.
How can you say this, when Tinubu has succeeded at crashing the dollar rate with increasing exports from NNPC refineries and $84 billion subsidy savings?
anonimi: World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate
April 23, 2023
The President-elect said he would work with the Central Bank of Nigeria (CBN) to *bring down the exchange rate to N200 in his first term.*
“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.
“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.
Thankfully he has done what his expired predecessor failed to do.
Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC), has promised to ensure that the naira would be equal to the dollar in value if voted into office.
NAN reports that Buhari said this on Monday during the south-east presidential rally of the party at Dan Anyiam Stadium, Owerri.
“It is sad that the value of the naira has dropped to more than N230 to one dollar. This does not speak well for the nation’s economy,” he said.
He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected.
If they are loyal AND useful members of APC cabals, then they are not just safe from EFCC and impeachment, they can even install their son Agege LGA chairman to make way for the Lagos TAX master planner’s son to take over from Sanwo Olu in 2027 in his father’s vineyard.
chisomkachy: The Economic and Financial Crimes Commission (EFCC) has withdrawn the alleged money laundering suit it filed at the Federal High Court against Lagos Speaker Mudashiru Ajayi Obasa.
Naija News understands that the anti-graft did not give any particular reason for its application for withdrawal.
Following the application to withdraw, Justice Nicholas Oweibo discharged the ‘lien/Post No Debit’ placed on Obasa’s three accounts in Standard Chartered Bank.
The accounts are (US Dollars) 0001852063; (Current) 0001852056 and (Saving) 5002309624.
The judge also set aside the ex-parte orders he made on September 15, 2020, which led to the freezing of the accounts.
Recall that the court on September 15, 2020, granted an interim order freezing Obasa’s accounts following the EFCC’s application in a suit marked FHC/LCS/1064/2020.
The agency had said it was investigating the Speaker for the alleged offences of conspiracy, diversion of funds, abuse of office and money laundering.
But Justice Oweibo, on August 16, 2023, heard the application to unfreeze the accounts in his chamber.
During the hearing, the EFCC was represented by Mr. Sulaiman I. Sulaiman, while Obasa was represented by Mr. Adeyinka Olumide-Fusika (SAN).
The EFCC lawyer told the court that the application to unfreeze the accounts was pursuant to Section 44(2)(K) of the 1999 Constitution (as amended) and Sections 26, 29 and 34 (1) of the EFCC (Establishment) Act, 2004, and under the court’s inherent jurisdiction.
Section 44 of the Constitution concerns constitutional rights to property.
Justice Oweibo held: “It is hereby ordered that an order is hereby granted to the respondent/applicant setting aside the ex-parte orders of this court made on the 15th day of September 2020 upon the ex-parte motion of the Applicant/ Respondent in relation the funds of the Respondent/Applicant domiciled in the accounts stated in the following schedule:
“ACCOUNT NAME, FINANCIAL ACCOUNT INSTITUTIONS, TYPE OF ACCOUNT, 1. Mudasiru Ajayi Obasa, Standard Chartered, (US Dollars) 0001852063 2. Mudasiru Ajayi Obasa, Standard Chartered (Current) 0001852056 3. Mudashiru Ajayi Obasa, Standard Chartered (Saving) 5002309624.
“Issued at Lagos, under the seal of this Honourable Court and by the hands of the Presiding Judge this 16th day of August 2023.”
Breaker001: Sell them off, if that will bring relief and succour to the average Nigerian citizen. 😎
The average Nigerian citizen is getting relief and succour from Tinubu’s N300/$1 short term goal, which has been achieved with increasing exports from NNPC’s refineries after a decade of production.
saintopus: The PH Refinery ships its first export of petroleum products to Dubai. The company is expected to load the cargo in the coming days onboard the Wonder Star MR1 ship, signalling the commencement of operations at the plant and the exportation of petroleum products.
The ship will load 15,000 metric tons of the product, which translates to about 13.6 million litres.
Although the volume coming from the NNPC into the global market is still small, the development has the potential to impact the Very Low Sulphur Fuel Oil (VLSFO) benchmarks in the future while changing the market realities for Atlantic Basin exporters into Nigeria and other regions.
The sulfur content of the export by NNPC stands at 0.26 per cent per wt and a 0.918 g/ml density at 15°C, according to Kpler, a data and analysis company.
The cargo was reportedly sold at an $8.50/t discount to the NWE 0.5 per cent benchmark on a Free on Board (FOB) basis.
Kpler reported that the development would help displace imports from traditional suppliers in Africa and Europe, as Nigeria’s falling clean product (CPP) imports are already decreasing, dragging imports into the wider West Africa region lower as well.
The Nigerian National Petroleum Corporation has announced that the Port Harcourt and Warri refineries have been successfully re-streamed after a nine-month rehabilitation exercise conducted by its in-house engineers and technicians.
The corporation, in a statement, noted that both plants commenced preliminary production of petroleum products after successful test-runs, adding that while PHRC was ramping up its operation to about 60 per cent of its 210,000 barrels per day capacity, WRPC production was projected to hit 80 per cent of its installed 125,000bpd capacity.
The NNPC said the Port Harcourt refinery was projected to boost the nation’s local refining capacity with a product yield of five million litres of petrol per day, while Warri refinery would contribute 3.5 million litres of petrol.
Providing insight into the rehabilitation exercise, the NNPC noted that it had to adopt the phased rehabilitation strategy after the Original Refinery Builders, who were initially contacted for the project came up with unfavorable terms.
It said, “Though a decision was taken in 2011 to rehabilitate all the refineries using the ORB of each of the refineries, we were impelled to switch strategy after the ORBs declined participation and nominated some partners in their stead who came up with outrageously unfavorable terms.”
The NNPC stated that the nominated partners, as sole-bidders, came up with humongous price offers after two years of thorough and exhaustive scope of work definition and price negotiations.
It added that the proxies were also unwilling to provide post rehabilitation performance guarantees.
The corporation said, “The phased rehabilitation strategy which entailed phased and simultaneous rehabilitation of all the refineries using in-house and locally available resources in line with the spirit and letter of the Nigerian Content Law, also involved the use of Original Equipment Manufacturer representatives to effect major equipment overhaul and rehabilitation.”
The national oil firm said the phased rehabilitation programme, which started in October 2014 after the required funding stream was established, created a 70 per cent reduction in costs which helped largely in mitigating the financing challenges of refinery rehabilitation.
It observed that with the successful re-streaming of the PHRC and WRPC, attention has now moved to the 110,000 barrels per day Kaduna Refining and Petrochemicals Company which was billed to come on stream soon.
Apel147: Lol, you people just like shouting “they’re borrowing to loot” without even understanding how an economy works. 😂 Every serious country borrows — even the U.S. that you all worship runs on debt. The difference is whether the money circulates within the system or leaks out.
And the money is leaking out for the Abuja land grabber to buy properties in America where water is available for all houses, unlike the situation in our FCT and commercial capital of Lagos.
thewinning101: PANDORA PAPERS: Buhari visited Tinubu in corruption-tainted London villa acquired by Oyetola
Governor Oyetola, a relative of Mr Tinubu, may have sabotaged his own country by buying the exotic property as Nigeria made to seize it.
ByNicholas IbekweandTaiwo-Hassan Adebayo October 7, 2021 in Headline Stories, Pandora Papers Reading Time: 8 mins read
It was a meeting of two of Nigeria’s most influential politicians in London – President Muhammadu Buhari was visiting political kingmaker and senior member of his ruling All Progressives Congress (APC), Bola Tinubu.
In July, the presidency announced that Mr Buhari was heading to London for an education summit. The office also added that the president would also see his doctors for “medical check-up”.
Coincidentally, Mr Tinubu, who had travelled to London earlier, was also receiving treatment for an undisclosed ailment in the British capital. So, a perfect setting for both men to meet was created.
DeLaRue: Global institutional investors who bought the bonds have more data about the Nigerian economy than 99.999% of Nigerians.
They are not mugus. They know this economy is humming.
The institutional investors don't invest the pensions of millions of Europeans , Canadians, and Americans in yeye bonds.
For the Nigerian bonds to be oversubscribed 4 times over is a deep sign of international confidence in the Nigerian economy.
The irony is that, it is Nigerians themselves that fight tooth and nail on social media to tell the rest of the world that the Nigerian economy is the worst thing since Cain killed Abel.
If the coupon rate is much higher than in 2017 when a similar Eurobond was oversubscribed eight times, then it means this four times oversubscription is a sign of how cheap the offer is.
If a product is cheaper than previously, what does that say about the deterioration of the seller’s business and reputation
Satazaa: Infact since Tinubu administration came into being this is by far the most outstanding confidence
institutional investors have shown on the Nigerian economy, the signal they are seeing and getting is soothing , this guys have their ears to the ground and the surge in our foreign reserves in the past few months has boosted their confidence
No difference from the 2013 bonds that were equally oversubscribed even though life was not so bad for us.
shakomende: Despite wariness over the security situation in Nigeria, Africa’s second largest economy, the country’s $1 billion Eurobond offering targeted at being used to finance power projects was four times oversubscribed this past Tuesday due to high investor demand.
“We’re very happy that at this time, when the markets are exhibiting turbulence, we were able to (achieve) … four times oversubscription,” Nigeria’s Finance Minister, Dr. Ngozi Okonjo-Iweala said to journalists after the bond issue.
“The coupon shows confidence in the Nigerian economy,” she said. “We saw a window of opportunity … appetite for our paper was strong,” she continued.
“The quality of the investors is very high, the majority of the investors are from the United States, then followed by Europe, especially the United kingdom, and then Asia, so those are the top three investors and it is a long list, and because it was oversubscribed we could not even meet the demand of some them. Over 200 investors were not able to get any share of the issue because it was oversubscribed,” she said.
She continued:
As you know, this money is designed to support infrastructure projects within the country. It is not for budget support but directly for infrastructure…We are going to try and make sure that these investments are visible ones that Nigerians can see to ensure this money is utilised in a proper way.
The issue was subscribed by top financial asset managers namely HSBC, Global Asset Management, Wellington Management Company and Blackrock among others.
According to IFR, a Thomson Reuters analysis service, “Nigeria issued a $500 million 5-year bond at a yield of 5.375 percent and a $500 million 10-year bond with a yield of 6.625 percent.”
As of March 2013, according to Nigeria’s Debt Management Office (DMO), its total debt stands at 17 percent of GDP comprising about N6.5 trillion in domestic debt and $6.67 billion in foreign debt.
In addition, the country’s budget deficit is estimated to narrow to 1.85 percent of GDP in 2013.
How much was petrol in May 2015 when minimum wage was N18,000
thisweekng: The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.
He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.
He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.
“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.
“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.” Private sector to drive the economy
chisomkachy: The Economic and Financial Crimes Commission (EFCC) has withdrawn the alleged money laundering suit it filed at the Federal High Court against Lagos Speaker Mudashiru Ajayi Obasa.
Naija News understands that the anti-graft did not give any particular reason for its application for withdrawal.
Following the application to withdraw, Justice Nicholas Oweibo discharged the ‘lien/Post No Debit’ placed on Obasa’s three accounts in Standard Chartered Bank.
The accounts are (US Dollars) 0001852063; (Current) 0001852056 and (Saving) 5002309624.
The judge also set aside the ex-parte orders he made on September 15, 2020, which led to the freezing of the accounts.
Recall that the court on September 15, 2020, granted an interim order freezing Obasa’s accounts following the EFCC’s application in a suit marked FHC/LCS/1064/2020.
The agency had said it was investigating the Speaker for the alleged offences of conspiracy, diversion of funds, abuse of office and money laundering.
But Justice Oweibo, on August 16, 2023, heard the application to unfreeze the accounts in his chamber.
During the hearing, the EFCC was represented by Mr. Sulaiman I. Sulaiman, while Obasa was represented by Mr. Adeyinka Olumide-Fusika (SAN).
The EFCC lawyer told the court that the application to unfreeze the accounts was pursuant to Section 44(2)(K) of the 1999 Constitution (as amended) and Sections 26, 29 and 34 (1) of the EFCC (Establishment) Act, 2004, and under the court’s inherent jurisdiction.
Section 44 of the Constitution concerns constitutional rights to property.
Justice Oweibo held: “It is hereby ordered that an order is hereby granted to the respondent/applicant setting aside the ex-parte orders of this court made on the 15th day of September 2020 upon the ex-parte motion of the Applicant/ Respondent in relation the funds of the Respondent/Applicant domiciled in the accounts stated in the following schedule:
“ACCOUNT NAME, FINANCIAL ACCOUNT INSTITUTIONS, TYPE OF ACCOUNT, 1. Mudasiru Ajayi Obasa, Standard Chartered, (US Dollars) 0001852063 2. Mudasiru Ajayi Obasa, Standard Chartered (Current) 0001852056 3. Mudashiru Ajayi Obasa, Standard Chartered (Saving) 5002309624.
“Issued at Lagos, under the seal of this Honourable Court and by the hands of the Presiding Judge this 16th day of August 2023.”
ARISHEM: Terrorist using drones to attack our soldiers.
While our soldiers are not returning in kind but instead using Ak47 to defend themselves is disgraceful
Tinubu and APC prefer to use the $84 billion subsidy savings and increased tax burden to fund their own luxury and campaign instead of buying weapons and prioritising soldiers’ welfare.
Datsall !!!
chisomkachy: Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.
The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.
Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.
The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.
HacheNoire: That does not send a message to the US.
Just shutdown Chevron, Exxon, Haliburton and Baker Hughes and you will see them begging for pardon.
Do we need them more than they need us? Or do they need us more than we need them?
How many Americans are in Nigeria for japa compared with the number of Nigerian legal and illegal migrants in America? How many Americans are seeking Nigerian visas compared with Americans?
adamusuleiman1: The Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, has disclosed that remittances from the diaspora have surpassed $90 billion in the past five years.
She noted that in December 2024 alone, remittances amounted to no less than N60bn, adding that there is potential for further growth in the future, highlighting the diaspora’s significant role in Nigeria’s development.
Great things are happening in our national league, such that privately owned and for profit clubs like Remo are exploiting the socioeconomic benefits.
If only Enugu, Oyo, Rivers, Edo and other states could privatise their legacy clubs, we would have the same kind of exponential success as Nollywood and afrobeat music. The two entertainment industries have had little to no government involvement in their development of the past few years.
anonimi: Neo-black Problem: Must Blacks Be Ruled by Whites in Order to Prosper?
In short, the neo-black dilemma may be framed as follows: is it better to live under white rule without political dignity but with basic life-sustaining standards for many;
or to live under black rule with illusory political dignity and without basic life- sustaining standards for the majority? @ @ The path forward for Africa lies in cultivating higher and adequate levels of personal and communal agential integrity as well as full personal responsibility and productivity. Not to mention creativity (including epistemic creativity), productive justice (such as merit and freedom), harmony and reconciliation at local and international levels, and a proper domestication of capitalism and other related values and institutions.
Africa must stop wasting her time on dreams of socialism because it is a system of wealth distribution primarily. Whereas, capitalism is a system of wealth creation primarily, and wealth has to be produced before it can be distributed.
Owaincouncil: This government and fake project to embezzle
That’s the Lagos legacy of the TAX master planner. 26 years of taxing 20 million Lagosians to hell, he has failed to employ workers to provide water for every household.
What else is he doing to the trillions yearly, if not to embezzle it?
[quote author=Lanrelagboi post=133655707]Lagos has now crossed the 3 Trillion Naira annual budget mark. Crossed 2 Trillion in 2024.
Memory Lane: the first full-year Lagos State budget (Year 2000) in the 4th Republic was in the region of 40-something billion Naira. And it was described as “unprecedented” back then.
It’s actually women who think they own men, once they are in a steady relationship. They start expecting men to provide for them while at the same time caged and chained to them alone.
If that’s not ownership then please let me know what it is.
MaziObinnaokija: Good story book. Well,they'll meet their Waterloo.
Northerns Gov should continue to pamper them
It’s not only northern governors that are pampering the criminals. The Lagos TAX master planner in Aso Rock is also pampering criminals and deflecting blame to other people.
Highways: Where Are The Cows? Is Evans A Herdsman?'
When Funke Olakurin, daughter of Afenifere leader, Pa Reuben Fasoranti was murdered instead of Bola Tinubu to make sure that the perpetrators were brought to book, he ended up making fun of the death of the young lady by turning everything into tribalism by showing his hates for Igbos.
Tinubu has never spoken against the deadly activities of Fulani herdsmen across the country
The same stand Adeyinka Grandson gave on the death of Fasoranti's daughter is where Tinubu, the leader of the Yoruba Conservatives stands. Please see Tinubu's video below. pic.twitter.com/COhiSvabqW
— Adeyinka Grandson (@deyinkagrandson) July 14, 2019
Mrs Olakunrin died of gunshot wounds in July 2019 after her vehicle was attacked by armed men, suspected to be marauding Fulani bandits whose violent activities had reached a frightening level across the southwest states.
Those arrested suspects include Lawal Mazaje, 40, from Felele area of Kogi State; Adamu Adamu, 50, from Jada area of Adamawa State; Mohammed Usman, 26, from Illela area of Sokoto State and Auwal Abubakar, 25, from Shinkafi area of Zamfara State....
However, the leader of the team, identified only as Tambaya, and three others are yet to be found.
Tambaya has been declared wanted by the police and he is said to be capable of communicating in Hausa, Fulfude and Pidgin English.
What has the EFCC’s chairman done to the lizard 🦎 of Lokoja for terrorising Kogi State in his eight years of looting instead of employing well paid workers to deliver government services and utilities?
Is he enjoying immunity still, as a loyal member of Oshiomhole’s Assembly of Past Criminals, APC?
Politics › Re: We Are Diplomatically Engaging The World, We Will Fight Terrorism - Tinubu by anonimi: 6:19pm On Nov 06, 2025
Good story book. Well,they'll meet their Waterloo.