themanderon: It's gonna get worse. The government has sold the future of the country. Nigeria as it is has no future at least not with these devils in power.
You are really up to date about the reckless profligacy that ruined Lagos and has now been transposed to Abuja for federal implementation.
Can you imagine that T-Pain borrowed billions of dollars against future oil sales to defend the Naira but the exchange rate has only gotten worse. So what did he and Wale Edun plus Cardoso and NNPC's Kyari do with all the Afreximbank loan
Afreximbank loan Fresh facts seen by BusinessDay have unveiled the length at which Nigerian National Petroleum Company (NNPC) Ltd went to secure a $3.2 billion loan from the African Export-Import Bank (Afrexim).
This unique financing arrangement, dubbed “Project Gazelle,” is structured as a Special Purpose Vehicle (SPV)-based Prepayment Facility (PXF), backed by a crude oil allocation from the royalties and tax entitlements of the Nigerian government, a first of its kind in Africa’s biggest economy.
“The facility is uniquely backed by Production Sharing Crude (PSC) i.e. (Federation) Royalty and Tax Oil (1st of its kind),” a document detailing the deal between NNPC and Afrexim said.
Under PSCs, the companies usually pay royalties and taxes by giving the oil equivalent to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Federal Inland Revenue Service (FIRS) respectively.
The NNPC in turn exports the oil on behalf of NUPRC and FIRS and remits the proceeds to the agencies.
This is part of the revenues paid into the federation account and shared by the three tiers of government.
However, under the PxF, the revenue from future oil production will be used to service the loan in the next five years.
“The objective is to use a structure that bridges the financing gap by making a prepayment for future deliveries of crude oil under Forward Sale agreements (FSAs) in line with the agreed crude oil allocation/delivery quantities,” the document added.
BusinessDay learned the collateral for the loan was based on barrels per day of crude oil from Nigeria’s royalties and tax entitlements which was structured based on prepayment for future deliveries through Forward Sale Agreements (FSAs).
“Up to 90 percent of excess cash (“Price Balance”) will be released to the Sponsor’s nominees’ accounts with the CBN, while 10 percent will go towards the prepayment of the facility,” the document said.
Further findings showed the repayment is expected to be over 57 months through equal quarterly instalments after a 3-month grace period while invitation for off-taker participation was pegged at a minimum ticket of $500 million
According to the Afreximbank-NNPC document, the loan facility was premised on NNPC Ltd recording an average liquid production of 528, 000 barrels of oil per day in 2021, which accounted for over 32percent of Nigeria’s total liquid production while the average gas production was 454,000 bpd, over 55 percent of Nigeria’s total gas production.
The document also showed NNPC Exploration and Production Limited (NEPL), a 100 percent wholly owned subsidiary of NNPC Ltd, had an average liquid production of 137, 000 bopd in 2021, accounting for over 8 percent of Nigeria’s liquid production while the average gas production was 124, 000 boepd, forming 15 percent of Nigeria’s total gas output.
“NNPCL’s contribution to Nigeria’s total liquid production is to increase from 32% to over c.40% by 2028,” the document said.
It also acknowledged an independent review which showed the upcoming production reserves that are under development comprise around 150 million barrels of crude that is split 46:54 between Independent Oil Company and indigenous production.
“NNPC Ltd is expected to receive an average net production entitlement of between 520,000 and 550,000 barrels of crude oil per day till at least 2027,” the document said.
The document also noted that there are no historical defaults by NNPC in any structured trade finance transactions.
NNPC Ltd had announced in August 2023 that the loan facility from Afreximbank was to support the federal government “in its ongoing fiscal and monetary policy reforms aimed at stabilizing the exchange rate market”, describing it as “a relief for the naira”.
It called the facility “crude oil repayment” with an upfront cash loan “against proceeds from a limited amount of future crude oil production”.
In the official market at the time, a dollar was worth, on average, N775 and, on the streets, N885.
As of January 4, 2023, the rates have changed to N1,035/$ (official) and N1,230/$ (parallel).
Nigeria’s outstanding forex liabilities are currently estimated at over $7 billion, according to findings by BusinessDay.
In an explainer after announcing the deal last year, the NNPC Ltd said its exposure is very limited, “covering just a fraction” of their entitlements and that “there are no sovereign guarantees tied to it”.
It said it “will also equip the Federal Government with the necessary dollar liquidity to stabilize the Naira, with limited risk”.
Adakintroy: That lady was crying about affordability even with that amount of groceries. Read her post
I was replying to your comment of :
Nothing is expensive or cheap just things you cant afford
with this:
Affordability is tied to minimum wage and unemployment rate for everyone, which is linked to crime rate. Can you reason that relationship?
If T-Pain had crashed the price of petrol and dollars as promised more than 22 months ago when he hit the ground running, would we be crying about affordability now
Are you able and willing to answer the above questions?
And some people are busy supporting el-rufai. It's such a shame to see obidients supporting that religious and ethnic extremist.
It's such a shame to see any sensible omoluabi support T-Pain's religious and ethnic extremism propaganda politics.
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.
Do you know what he promised them before they allowed him to rig?
T-Pain did not have to rig when Pandora Bitter Obi and his tribal headless mob did so for him cluelessly in their ignorance of what was at play. Who benefitted from the almost 100% SE votes to the overnight communist LP labourer if not ebilokan
jameshankss: Anambra State Governor, Professor Chukwuma Soludo, has said he is sure the candidate of Labour Party (LP), Mr Peter Obi, would lose the 2023 presidential election. Soludo said he would not submit to the bullying of Obi’s supporters, who recently descended on him for addressing issues in the state.
The governor made the comments in a lengthy write-up personally authored, with the title, “History Beckons, and I Will Not Be Silent (Part 1).”
Soludo said Obi was inadvertently making the pathway to victory much easier for the presidential candidate of All Progressives Congress (APC), Bola Tinubu, and at the same time, toying with the destiny of millions of Ndigbo.
But the chief spokesperson for the Labour Party Presidential Campaign, Yunusa Tanko, accused Soludo of being sponsored by some unknown persons to weaken the base of the party in the South-east.
The former CBN governor had been under intense attack for close to a week for dismissing Obi’s investment in the state as amounting to nothing, during a television interview.
Soludo said in the write-up, “My attention has been drawn to some of the tirades on social media following my frank response during an interview on Channels TV regarding the ‘investments’ Mr. Peter Obi claimed to have made with Anambra State revenues.
“Sadly, several of the comments left the issue of the interview to probe or suggest motives, inferred from my response on ‘investment’ that I am opposed to Peter Obi’s ambition and, therefore, committed a ‘crime’ for which the punishment is internecine abuse and harassment, even to my family.
“Everyone knows that I don’t follow the winds or one to succumb to bullies, or shy away from a good fight especially, when weighty matters of principles and future of the people are involved.”
Soludo said he had urged Obi to return to his former party, the All Progressives Grand Alliance (APGA), to actualise his presidential bid. He added that he had always told the LP candidate to his face that he was not capable of winning the 2023 presidential election, especially, under LP, which had neither a councillor nor a local government chairman.
Soludo said Obi was not just his friend, but also his brother, but despite that, they have their political differences.
He stated, “For full disclosure, let me state that Peter Obi and I are not just friends, we call ourselves ‘brothers’. But we have political differences: he left APGA for PDP after his tenure as governor, while I have remained in APGA since 2013.
“During the last two governorship elections in Anambra in 2017 and 2021, he led the PDP campaigns but APGA won landslide in both elections. By the way, in 2016, he visited and proposed that I defect to PDP and contest the 2017 election against the incumbent Willie Obiano, but I declined.
“After my victory in November 2021, he called to congratulate me, as I did to him in 2010. That is the Anambra way: we fight fiercely during campaigns but share drinks at the next social events. After all, it was the Great Zik of Africa, who taught us that in politics, there are no permanent friends or permanent enemies but only permanent interests.”
Arguing that Obi’s presidential bid would only work in favour of Tinubu, Soludo said, “Indeed, if I were Asiwaju Tinubu, I would even give Peter Obi money as someone heading one of the departments of his campaign, because Obi is making Tinubu’s pathway to victory much easier by indirectly pulling down PDP.”
Obi, according to Soludo, would only deplete the votes of the Peoples Democratic Party (PDP) and pave the path for an APC victory.
He stated, “The current fleeting frenzy, if not checked, will cost Ndigbo dearly for years. The South-east has the lowest number of votes of any region, but it is also the only region where the presidential race might be a four-way race (it is a two-way race in the other five regions) thereby, ensuring that our votes won’t count in the making of the next president of Nigeria.
Adakintroy: Man need is insatiable. See wetin the girl buy for 30k and was not appreciative. Only now in retrospect are people appreciating it. Na so he go be when bag of rice reach 300k. We will then look back and appreciate 100k bag of rice.
.no say over our dead body. Because na so he go be. hussle hard, Nothing is expensive or cheap just things you cant afford
Affordability is tied to minimum wage and unemployment rate for everyone, which is linked to crime rate. Can you reason that relationship?
If T-Pain had crashed the price of petrol and dollars as promised more than 22 months ago when he hit the ground running, would we be crying about affordability now
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.
Move to Bourdillon where ebilokan is doing palliative distribution to his tribesmen Yorubalokan supporters, since he has no clue how to create jobs for decent wages to live in dignity?
Can you please share with us your guide for avoiding death from stampedes during palliative distribution
anonimi: The eyesore on Bourdillon Road 2nd January 2025
Beyond his neighbours, there is something about the sight of people hanging around a president’s residence that does not speak well of his leadership capabilities. Maybe no one has nudged him to see it, but the impression that spectacle on Bourdillon Road generates is that Tinubu enjoys the sight of suffering humans and thrives in—and through— their poverty.
If all these years, impoverished people hang around you and you remain comfortable enough to keep them just so they can be handed tokens of your large heart, then it means you have a pro-poverty mindset. Such a frame of mind is oriented toward cultivating poverty rather than stimulating abundance.
That is why he could unproblematically relate the story of his “friend” who went from using five Rolls Royce to a far-less valued car and not consider the import of the nonsense he was saying. That spurious account was an indication that this is a man for whom poverty—of others, not himself—is an ideal.
It seems they receive a credit alert from donors for every case they bring to the court.
How much have you donated to SERAP or similar advocacy groups to push agendas that you are passionate about
anonimi: “The worst illiterate is the political illiterate, he doesn’t hear, doesn’t speak, nor participates in the political events.
He doesn’t know the cost of life, the price of the bean, of the fish, of the flour, of the rent, of the shoes and of the medicine, all depends on political decisions. The political illiterate is so stupid that he is proud and swells his chest saying that he hates politics.
The slowpoke doesn’t know that, from his political ignorance is born the prostitute, the abandoned child, and the worst thieves of all, the bad politician, corrupted and flunky of the national and multinational companies.”
Exceed15: Even Ebira youth from her constituent have distanced themselves from her unruly character. The evil here is that, she's serial blackmailer and Gold digger. She did it to her present husband.
She is in good company then if you call her a serial blackmailer, since that is how Akpabio was blackmailed into joining Oshiomole's Assembly of Past Crooks, APC where since are forgiven as long as you stay loyal to the Baba sópe Ogas at the top of their lootocratic arrangement.
OEPHIUS: It is no longer news that Nigeria’s Senate Minority Leader, Senator Godswill Akpabio is set to decamp to the APC; what started has a rumour after his notable absence from the PDP NEC meeting has gathered so much momentum as the former Governor yesterday paid a visit to President Buhari in London.
The defection which seems very likely as Senator Akpabio has failed to release a statement against the rumors, comes as a shock to even the most assuming political analysts and journalists especially at a time when the main opposition party, the PDP has put its house in order and is set to welcome even more decampees from the disintegrating APC.
THE FACTS.
A closer look at the Akwa Ibom politician reveals a weak grasp in his home state of Akwa Ibom where he has been continuously hounded and blackmailed by President Buhari led APC administration over several allegations of corruption.
In 2015, The EFCC ran investigations on Akpabio which led to his subsequent arrest over a misappropriation of N101.8 billion state funds which plunged Akwa Ibom state into debt. The former Governor was not charged to court and resumed his duties in the floor of the senate.
In another report, the former Governor was probed again for gifting an unnamed commercial bank the sum of N1.4billion. Another case that was recorded but not taken to court.
The APC led Federal Government hounding of Senator Akpabio was so severe that the Akwa Ibom Government House was invaded by DSS agents in a plot to steal state secrets in an attempt to acquire more evidence against former Governor Akpabio.
In 2016, Senator Akpabio was arrested for a 3rd time by the EFCC when the Anti-graft commission alleged the illegal withdrawal of N18bn to the acquisition of a multi billion naira mansion at Plot 5, Okogosi Spring Close, off Katsina-Ala Crescent, Maitama-Abuja, a multi-billion naira mansionette at Plot 28 Colorado Close, Maitama, Abuja and another multi-billion naira mansion at 22 Probyn Road, Ikoyi, Lagos. For the 3rd time Senator Akpabio was released and no legal charges were filed.
JOINING THE APC
Since 2015, the once vibrant politician lost his voice and failed woefully to provide proper leadership as minority leader in the senate due to the subsequent media backlash against his person and the corruption allegations being thrown around his name.
While other Senators like Bukola Saraki faced all allegations and politically motivated persecution head on, Akpabio may have opted to quietly plead and “settle” with his blackmailers at the expense of the senate, his party, his political career and now ultimately, the people of Akwa Ibom State.
The Anti Corruption War
A move largely perceived as desperate, Akpabio’s defection to APC puts the final coffin to President Buhari’s anti corruption war. It further confirms the long assumed ideology that the APC is a party of protected corruption, where the members and high rollers of corruption in Nigeria are immune from persecution. Senator Akpabio’s rich history of corruption and corrupt allegations is set to be magically swept under the rug.
The same Government that hounded Akpabio, arrested him several times and invaded his former office with DSS agents to get evidence against him have thrown their arms wide open to receive him in their fold. Whether Akpabio was threatened to join the APC or not, it will go down in history that he was a subdued man.
Buhari’s infamous integrity has failed the litmus test with Akpabio. The Nigerian President who prides himself as incorruptible has thrown caution to the wind and made Senator Akpabio, one of the most corrupt persons in Nigeria according to President Buhari’s EFCC to be the Apple of the APC’s eye.
WHAT TO EXPECT
Senator Godswill Akpabio’s corruption allegations have long been in the wind perhaps as hard evidence which has been used recently to blackmail the former Governor. Perhaps enough evidence to get a conviction at the court which would see Akpabio off to prison. However; with the new turn of events, Akpabio who has been alleged to have his eyes on the prized seat of Senate President, may begin to enjoy the peace of mind that comes as he is no longer a perceived threat to the President Buhari administration, perhaps at the expense of his own political goodwill.
Exceed15: On this one I disagree with SERAP. Natasha is fighting a self agenda not true representation of people of kogi Central. She lacks the character and capacity to lead people.
Show us HOW any of your own:
- senator - representative - state lawmaker - LG councillor
has done truer representation of people in your constituency than her since 1999. Otherwise STFU.
GlobaluenceNews: One Year Anniversary: Senator Natasha commissions legacy projects to mark one year in office
Lawmaker representing Kogi Central, Natasha H Akpoti -Uduaghan, marked her one year in office on Saturday, by distributing empowerment materials and launching some projects across the district.
The lawmaker was joined by her colleagues from the Senate to commemorate the historic event.
First was the commissioning of the 1km road network at the Abdul Azeez Atta Memorial College Okene by the senate Minority Leader Distinguished Senator Abba Moro.
Senator Tahir Monguno followed by commissioning the reconstruction and remodeling of the Abdul Aziz Atta Memorial College in Okene. There are 9 blocks of classrooms and 4 boarding houses; as well as unveiling the 5,000 digital learning devices marked the event.
The anniversary also included the inauguration of the reconstructed Ihima Police Station, which was officiated by the Kogi State Commissioner of Police, CP Betrand Onuoha. Additionally, an empowerment programme was launched by Senator Abba Moro.
The Deputy Senate President, represented by Senator Ladan, spoke about Senator Natasha Akpoti-Uduaghan's first year in office, describing her representation as effective, and praised her efforts to significantly impact her constituents.
“She invited us to see firsthand how she is improving the lives of her constituents in Kogi Central. What makes Senator Natasha unique is her passion for humanitarian service, which seems to be part of her genetic makeup, as her family has a history of giving,” he stated.
On his part, Senate Chief Whip Senator Tahir Monguno emphasised the importance of education in a country's development, commending Senator Akpoti-Uduaghan’s initiative to digitalise learning in Kogi Central.
Senator Abba Moro also praised the legacy projects and applauded his colleague for her exceptional performance.
“We have toured various projects aimed at improving the lives of the people, particularly concerning security. All of us here, the senators of the Federal Republic of Nigeria, are proud to support our colleague, Senator Natasha Akpoti-Uduaghan. Her achievements in just one year of service are remarkable.
“I am astonished by the amount of support gathered here for distribution. It’s evident that this is the kind of representation we need, and I am very pleased that she is delivering.”
Speaking at the programme, Senator Natasha reflected on her past year in office, describing it as eventful with many of her campaign promises fulfilled.
"This past year has been a journey of commitment, challenges, and, above all, unwavering dedication to the well-being of our people and the development of our senatorial district. When I took on this responsibility, my vision was clear: to create a senatorial district of our dreams, where every child has the opportunity to learn, every young person has access to meaningful employment, and every family can access basic amenities such as clean water and electricity.
"I am honoured by the trust you have placed in me, and I am here today to reaffirm my commitment to delivering a future that reflects our shared hopes and aspirations. A cornerstone of this vision has been the digitalisation of education. We have deployed 5,000 digital learning devices to public primary and secondary schools across Kogi Central. In the coming weeks, the Universal Basic Education Learning Resource Centre will train teachers and programme these devices with the Nigerian educational curriculum.
"Furthermore, we believe that education is the foundation of a prosperous society. We are beginning the total overhaul of selected existing schools, such as the Abdul Aziz Attah Memorial College (AAAMCO) in Okene. We will also construct a brand-new model primary and secondary school in Osara and facilitate a centre for artificial intelligence and robotics at the Federal College of Education in Okene, as well as an automotive mechatronics workshop and cottage automobile workshop at the Technical College in Oboroke. Both projects are currently undergoing the BPP contracting process, and construction is expected to commence in the first quarter of 2025," she stated.
She continued, “Moreover, a scholarship scheme through the Natasha Foundation has supported the tuition of 353 vulnerable Indigenous students at tertiary institutions nationwide. Equally, we have worked tirelessly to attract employment opportunities for various graduates and facilitate capacity-building training and empowerment programs for thousands of beneficiaries from our senatorial district.
“Today, we are launching a massive empowerment initiative for over 1,300 artisans, focusing on our women and youth. They have been trained and will be empowered to earn a living in areas such as renewable energy installations, fashion and shoe making, block and tile making, fish farming, advanced welding and carpentry, hairdressing, and catering. You can see for yourself what we have accomplished. They have been supported with startup grants. These efforts will provide a solid foundation for families and, in turn, communities. I am also deeply committed to addressing essential needs, such as access to clean water. Through our numerous water projects, we have brought a reliable supply of potable water to many communities, transforming what was once a challenge into a sustainable reality. Out of the 12 water projects, we developed a massive 50,000-liter solar-powered motorised water system, which serves 300 locations and provides 1,800 fetching taps.
“The electricity projects that have been executed throughout our senatorial district, just within one year of my being in office, have illuminated homes and streets, making our communities safer and more supportive of local businesses. Proudly, 30 kilometres of road networks across Kogi Central are now lit, providing better visibility and enhanced safety for both residents and travelers, especially at night."
She further added; “The Ihima community had been without a police station for seven years, and I am honored to have my office facilitate the reconstruction and expansion of our community police station, which we commissioned today. If health is wealth, communities should not be impoverished by the lack of effective and responsive Primary Health Care Centers. I am grateful that my office attracted the rehabilitation of two primary healthcare facilities—the Primary Health Care Center in Ohueta and the one in Osara. Construction is set to commence within two weeks.
“A series of medical outreach programmes have been scheduled for next week in Ajaokuta and Okehi local governments. Similarly, I have proposed and sponsored several bills and motions that are not only nationalistic but essential for repositioning Kogi Central and Kogi State as an industrial hub. This, in turn, will create jobs for our youth and generate revenue for our beloved country.
“The legislative assembly, under the guidance of the Senate President, His Excellency Godswill Akpabio, and the executive, under the leadership of President Bola Ahmed Tinubu, have formed a strong political alliance. We are ensuring that not only will the Ajaokuta Steel Company function, but that the National Iron Ore Mining Company’s mandate will be expanded to harness the abundant natural resources lying untapped in our region.
“To the leadership of the Senate and my colleagues present, the hills surrounding us are rich in natural minerals, from gold to amethyst and iron ore, among others. I hope that in the coming months, you will join forces with me to ensure these minerals are tapped for the benefit of our country. The Gold Reserve Bill and the establishment bill for the Federal Medical Center in Ihima are legislative efforts aimed at transforming the industrial landscape of our state to meet the welfare and health needs of our people and to widen employment opportunities".
“I am grateful for the productive leadership I have developed with the President himself, His Excellency President Ahmed Bola Tinubu, the First Lady, Her Excellency Senator Oluremi Tinubu, and the Senate President, His Excellency Senator Godswill Akpabio. I am immensely grateful to them all. This collaborative approach has helped us access new opportunities and resources, bringing about greater development and democratic dividends for our people.
“There is still much work to be done, and I am committed to continuously learning and striving for improvement. I will work for you with the same energy, passion, and dedication that you deserve. Thank you for your unwavering support,” she concluded.
Dignitaries at the event include representatives of the Deputy Senate President, Senator Musa Ladan, Senate Chief Whip, Senator Tahir Monguno, Senate Minority leader, Senator Abba Moro, Senator Ede Dafinone, Senator Victor Umeh, Senator Tony Nwoye, Senator Ekong Sampson, Senator Anthony Yaro, as well as Senator Olubiyi Fadeyi.
Others are: Edo Deputy Governor, Omobayo Godwins, House of Representative Member representing Adavi/Okehi Federal Constituency, Hon. Abdulraheem Abdulmaleem Danga, Kogi Commissioner of Police, CP Betrand Onuoha, Ohi of Okene, HRH Alhaji Isa Mamman Okatahi, Ohi of Ihima, HRH Abdulrahim Ogido, Ohiomata of Odumi, Chief James Omeiza amongst other eminent Nigerians.
remzytimer: What role did he played during his own government, how did he treat the labour leaders, I know how many years I spent in school during his day. At least we now have a government that engaged in talk with labour leaders at all costs and not like you that usually shorn them
Is T-Pain’s unimplemented minimum wage of 70k worth the 7.5k minimum wage of 2007 when Obasanjo left office with unemployment not being as high as it is now
Image123: i am so tired of these regurgitation of lies. The losers were always going to be Nigerians and we knew that since about 2012/2013 irregardless of who was going to govern Nigeria after the pdp catastrophe where individuals amassed our collective wealth in billions of dollars and left Nigeria in humongous debt. We were literally left sitting on a keg of gun powder so there's very few options.
Wale Edun is one of your liars who has no clue about your keg of gun powder
The only administration that grew the economy while oil prices were falling is Jonathan’s. Feel free to fact-check that.
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
Ishilove: I decided to be neutral on this matter because, while I admire her courage and boldness, and no doubt she is a force to reckon with, I'm also very sceptical about her character and integrity. After the greatest mistake that Buhari turned out to be, I stopped supporting or denouncing political figures out of mere sentiments. I'm now very impartial in my judgement, and based on some of the facts coming out, I'm beginning to wonder if this woman is not a drama queen with elements of shadiness. According to Reno, she has deliberately accused him falsely in the past (and we know that he always talks with receipts), and he was saved when he provided evidence to counter her claims. The deputy chief whip of the Senate came out on Channels News to bring an entire new angle to the rogbodiyan, alleging that she was making a ruckus about seating arrangements because she wanted to remain where the camera will capture her to the fullest. Apparently the current seat is very strategic in camera placement. The seating rearrangement did not affect her alone, and while others moved, she refused to move.
The Deputy Whip asked for his words to be quoted anywhere about the issue of the seat with the camera placement.
She went to the IPU to cry that she was suspended for standing up against sexual harassment, but in the meantime she was suspended for her unruly behaviour in the House. If that is not manipulation and rabble rousing, I don't know what is.
While I'm not excusing Akpabio, that promiscuous, corrupt, unintelligent and totally uncouth individual, I won't allow my dislike of the man cloud my judgement. Akpabio has his own fundamental issues, but Natasha is a big problem herself. She get bad character.
At the end I'm concluding she is his nemesis. Useless man jam yeye, stubborn woman. He don jam agbako
In summary, if you assess that they are both bad people but you conclude that Akpabio has a worse character than Natasha, then why are you not supporting her over him in this rògbòdìyàn?
As for Reno’s receipts, how much character does he have in light of his current relationship with the subject of his receipt below
swaggerjack: Reno Omokri: I Challenge Tinubu To Prove If He Was Not A Drug Lord In Chicago
Image123: Not exactly, but i am not a loser. To stay political, i have seen you enjoy your losses since 2015 straight till date, it's sad to watch.
The political process is not an end in itself but a means to governing the people who temporarily hand over their sovereignty to the few allowed into government.
In this regard, you should know who the losers are since APC’s 2015 shege that was fraudulently sold out as change. Like he did in 1983, with the only successful coup against democracy, Buhari made a bad situation worse. Abi what socioeconomic indicator has changed for better since 2015?
Buhari years: Triumph of unemployment, poverty 25th May 2023
AS he departs for his Daura, Katsina State home, the President, Major General Muhammadu Buhari (retd.), bequeaths a tortured legacy of economic devastation. Its highlights are record levels of unemployment, poverty, inflation, hunger, and despair. Though the regime has been making claims of achievements across all sectors, the reality of poverty and joblessness intrude stubbornly into its narrative. For many, his regime represents the worst era of economic privation ever witnessed in the country since independence.
Contemporary figures tell the story succinctly. At the United Nations threshold of $1.90 per day, nearly 12 per cent of the world’s population living in poverty today dwells in Nigeria, declares Statista. Global consultancy, KPMG, in its Global Economy Outlook Report, estimates the country’s jobless rate in 2022 at 37.7 per cent, and projects this to stand at 40.6 per cent this year. Experts forecast inflation to spike even higher if the government follows through on the promised withdrawal of petrol subsidies next month, provoking more job losses, hunger, and poverty.
Buhari met a battered economy, with sharp drops in public revenue, bogged down by over-reliance on oil and gas receipts, low tax receipts and huge fiscal leakages, and skirting recession. But bewildered by the complexities of managing a modern economy, insular and statist, and distancing himself from experts, he failed to take the necessary bold measures. Instead, he applied outdated, ineffectual measures. The result was two recessions on his watch, huge debts, energy crises, capital flight, a foreign exchange crisis, a crashing currency, decline in foreign direct investment, production slowdowns and poverty.
Image123: Lol, always on the losing negative side. It's not a my senator vs another senator dear. It's about the common sense thing a senator should do nationally and internationally. Akpos, is this how to represent your constituency?
I’m sure you know nothing about what losing means.
Jerrynet: Sometimes I wonder if we still fearless Supreme Court Judges in Nigeria
Fearless Justices like Onnoghen, who led two Supreme Court justices to deliver their minority opinion on Obasanjo’s Iwuruwuru INEC election of Yar’Adua.
Welcum: Of what use is a judicial panel set up by an NGO in a Supreme Court judgement? Can this declaration reverse the judgement?
Those who are more familiar with the judicial process can help me to answer because I've always thought that Supreme Court judgements are final.
It’s useful as an addition to the discussion about judicial decisions and processes, which forms part of the broader accountability system that is driven by public opinion.
The declaration is not meant to reverse the judgment. It can’t have such a direct consequence.
Awakened38: On the right side of a black man's brain, there is nothing left, and on the left side of his brain there's nothing right.
Bitter truth that is hard to swallow, but must be swallowed for the healing of the black race. Thanks for putting it so nicely.
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.
Kestolove: Digital kings na him full Nigeria now...that's great
Digital kings (and individuals) of primitive societies are nothing but primitive and backward kings/individuals themselves, who become inconsequential nonentities when they are in digital societies.
TheBedWench: The one-drop rule is a social and legal principle of racial classification that was historically prominent in the United States in the 20th century. It asserted that any person with even one ancestor of black ancestry ("one drop" of black blood)[1][2] is considered black (Negro or colored in historical terms).
This concept became codified into the law of some states in the early 20th century. It was associated with the principle of "invisible blackness" that developed after the long history of racial interaction in the South, which had included the hardening of slavery as a racial caste and later segregation. It is an example of hypodescent, the automatic assignment of children of a mixed union between different socioeconomic or ethnic groups to the group with the lower status, regardless of proportion of ancestry in different groups.[3]
The one-drop rule is defunct in law in the United States and was never codified into federal law.
So he is protected by Oshiomole's Assembly of Past Crooks, APC whose broom sweeps corruption and other crimes under the carpet.
OEPHIUS: It is no longer news that Nigeria’s Senate Minority Leader, Senator Godswill Akpabio is set to decamp to the APC; what started has a rumour after his notable absence from the PDP NEC meeting has gathered so much momentum as the former Governor yesterday paid a visit to President Buhari in London.
The defection which seems very likely as Senator Akpabio has failed to release a statement against the rumors, comes as a shock to even the most assuming political analysts and journalists especially at a time when the main opposition party, the PDP has put its house in order and is set to welcome even more decampees from the disintegrating APC.
THE FACTS.
A closer look at the Akwa Ibom politician reveals a weak grasp in his home state of Akwa Ibom where he has been continuously hounded and blackmailed by President Buhari led APC administration over several allegations of corruption.
In 2015, The EFCC ran investigations on Akpabio which led to his subsequent arrest over a misappropriation of N101.8 billion state funds which plunged Akwa Ibom state into debt. The former Governor was not charged to court and resumed his duties in the floor of the senate.
In another report, the former Governor was probed again for gifting an unnamed commercial bank the sum of N1.4billion. Another case that was recorded but not taken to court.
The APC led Federal Government hounding of Senator Akpabio was so severe that the Akwa Ibom Government House was invaded by DSS agents in a plot to steal state secrets in an attempt to acquire more evidence against former Governor Akpabio.
In 2016, Senator Akpabio was arrested for a 3rd time by the EFCC when the Anti-graft commission alleged the illegal withdrawal of N18bn to the acquisition of a multi billion naira mansion at Plot 5, Okogosi Spring Close, off Katsina-Ala Crescent, Maitama-Abuja, a multi-billion naira mansionette at Plot 28 Colorado Close, Maitama, Abuja and another multi-billion naira mansion at 22 Probyn Road, Ikoyi, Lagos. For the 3rd time Senator Akpabio was released and no legal charges were filed.
JOINING THE APC
Since 2015, the once vibrant politician lost his voice and failed woefully to provide proper leadership as minority leader in the senate due to the subsequent media backlash against his person and the corruption allegations being thrown around his name.
While other Senators like Bukola Saraki faced all allegations and politically motivated persecution head on, Akpabio may have opted to quietly plead and “settle” with his blackmailers at the expense of the senate, his party, his political career and now ultimately, the people of Akwa Ibom State.
The Anti Corruption War
A move largely perceived as desperate, Akpabio’s defection to APC puts the final coffin to President Buhari’s anti corruption war. It further confirms the long assumed ideology that the APC is a party of protected corruption, where the members and high rollers of corruption in Nigeria are immune from persecution. Senator Akpabio’s rich history of corruption and corrupt allegations is set to be magically swept under the rug.
The same Government that hounded Akpabio, arrested him several times and invaded his former office with DSS agents to get evidence against him have thrown their arms wide open to receive him in their fold. Whether Akpabio was threatened to join the APC or not, it will go down in history that he was a subdued man.
Buhari’s infamous integrity has failed the litmus test with Akpabio. The Nigerian President who prides himself as incorruptible has thrown caution to the wind and made Senator Akpabio, one of the most corrupt persons in Nigeria according to President Buhari’s EFCC to be the Apple of the APC’s eye.
WHAT TO EXPECT
Senator Godswill Akpabio’s corruption allegations have long been in the wind perhaps as hard evidence which has been used recently to blackmail the former Governor. Perhaps enough evidence to get a conviction at the court which would see Akpabio off to prison. However; with the new turn of events, Akpabio who has been alleged to have his eyes on the prized seat of Senate President, may begin to enjoy the peace of mind that comes as he is no longer a perceived threat to the President Buhari administration, perhaps at the expense of his own political goodwill.
mu2sa2: He has probably confessed so all his sordid past are now bygone.
Has he ported to Oshiomole's Assembly of Past Crooks, APC These are the progreThieves that majority of Nigerians expected to fight corruption better than PDP in 2015.
The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, has said politicians’ sins are forgiven when they join the ruling party.
Oshiomhole made this statement on Thursday, while welcoming new members to the party, at the APC presidential campaign in Benin.
As he reeled out names of those who have defected from the PDP to the APC, he said: “I am told that there are a lot of very very senior people from PDP who have decided to join forces with President Buhari to take the broom to sweep away PDP and to continue to ensure that APC continues to preside all over Nigeria.
“It includes my own brother, my friend who comes from my own clime, Henry Duke Genebe. He is the former organising secretary of PDP and we also have former vice chairman PDP and leader of Edo North of PDP. We also have my brother Chief Esheshi Godwin. He is also former council chairman and my very dear friend. We have quite a number of other leaders who have come.
“We have quite a number of other leaders who have come… in fact, once you have joined APC, all your sins are forgiven.”
Why should he speak when his fellow Amercian-trained lawyer crook is in Aso rock with the druggie president
oshozondii: Former Nigerian House Speaker Femi Gbajabiamila has been terminated as a licensed lawyer of the State Bar of Georgia in the United States after his corruption and ethical lapses outstripped acceptable thresholds for members, Peoples Gazette can report.
The Nigerian politician, who currently serves as the chief of staff to President Bola Tinubu, himself a man of uncountable scandals, was ostracised from the prestigious body effective July 1, 2020, according to records recently obtained by The Gazette. He was found to have stolen money from a client and also failed to pay his membership fees.
Mr Gbajabiamila’s disgrace in the U.S. underscores yet again the gulf between civilisations that exert fair and available instruments to foster accountability versus Nigeria, where transparently fraudulent,odious figures are in charge of the most consequential positions of authority.
For several weeks, Mr Gbajabiamila dodged The Gazette’s requests for comments about his corruption and punishment in the U.S. A spokesman for the State House also failed to send in comments that were promised after several weeks.
Georgia Bar officials told The Gazette that Mr Gbajabiamila’s latest ordeal began when a client filed a grievance against him for theft. Mr Gbajabiamila subsequently ignored the bar and stopped paying his fees and other membership obligations. The Gazette was told that attempts were made to reach Mr Gbajabiamila through his Peachtree Road address in Atlanta, but he frustrated it all.
On July 2, 2015, Mr Gbajabiamila was suspended for five years, The Gazette learnt. The suspension was finally approved as a permanent termination of his membership on July 1, 2020. Mr Gbajabiamila, who was admitted to the State Bar of Georgia on June 29, 2001, was the Speaker of the House of Representatives at the time of his infractions in the U.S.
“He can no longer practice law in the state of Georgia,” an official told The Gazette. “He’s done.”
In a unanimous decision on February 26, 2007, the Supreme Court of Georgia approved the suspension of Mr Gbajabiamila for 36 months, after he admitted stealing $25,000 from a client. He was reinstated after serving out his suspension, only for him to commit another infraction that led to his final dismissal.
Mr Gbajabiamila, “who has only been a member of the bar since 2001, admits that he accepted payment of $25,000 as settlement of a client’s personal injury claims, deposited those funds in his attorney trust account in January 2003, failed to promptly disburse those funds to his client, withdrew those funds for his own use, closed his practice and moved out of the country,” the court said at the time.
Mr Gbajabiamila, who had already been a federal lawmaker for nearly four years before the verdict, paid the money back in 2006, a year before the judgement, in order to get lighter punishment, including being disbarred.
Whereas Mr Gbajabiamila has suffered the consequences of his known offenses in the U.S., which spanned from the early aughts through 2020, his corruption in Nigeria has gone unpunished. In 2021, Mr Gbajabiamila was among top lawmakers and government ministers who received heavy bribes from private businessmen to undercut local communities in passing the controversial 2021 law regulating the Nigerian hydrocarbon industry.
Recently, he has faced allegations from within his own party that he received bribes to sell key government positions. A video produced by ruling All Progressives Congress’ youth wing accused him of unbriddled corruption that could severely undermine Mr Tinubu’s administration. He has yet to deny the allegations, but some of his supporters accused those behind the campaign as saboteurs.
After spending the past 20 years af a federal lawmaker, House Speaker and now President Tinubu’s chief of staff, Mr Gbajabiamila may not need to work again as a lawyer, said a political commentator Ken Eluma Asogwa. He also has little to be ashamed of since he’s on Mr Tinubu’s team with Nyesom Wike, a notoriously violent politician already condemned by foreign observers, and Atiku Bagudu, a former Kebbi governor who’s infamous for laundering billions for departed Nigerian dictator Sani Abacha.
“Looking at the characters he’s serving with, he has many reasons to brush this off,” Mr Asogma, an Abuja-based legal practitioner, said. “His inglorious days in the United States might be catching up with him, but you can expect him to continue to thrive in Nigeria, where no one in power pays for willful infractions.”
eteba: This olosho isn't coming back to the senate till her tenure ends, she's gone, they'll deal with her accordingly. Jagaban and Akpabio isn't the weights you can contain with.
This Fulani asslicking JagaBandit or another one
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.
Seunmuham: Non. I haven't supported any. As long as I've haven't seen a politician campaigning on Pássing and implementing a law that states that," 65% of our national , state and local governments budgets should be spent on the local economy" The resultant effect of such is that there will over flow of money looking for where to land Because if you want to procure kitchen utensils or generators, you have to look for a local manufacturer to buy from as stated on the law. I don't want explain further what it would do to the Nigerian economy
Campaign on the strengthen and independence of our institutions
As a public office holder, you and/ or your dependants can't fly abroad for basic education or any form of health care
Campaign on the fact that china is the enemy, america is the enemy.
Still then, I just hear, I go build roads, I go build school.
Even soludo with all his trying hasn't done anything sustainable. Once he steps down, everything might flush away because he hasn't install any real time generational policies of wealth.
He he hasn't inculcate in his people with the type of leadership of lew Kwan yee, or chairman mao, or xi ping or Washington
Please who is this super hero that you are waiting for to make you see the politician that you described, since you are not doing anything to help such people emerge from among you (plural) into legislative and executive positions in your local, state and federal governments
Image123: Akpos, is this how to represent your constituency?
Not only that. She is also representing her constituency with better empowerment.
Has any of your own:
- senators, - representatives, - state lawmakers and - LGA councillors
done anything similar since 1999
GlobaluenceNews: One Year Anniversary: Senator Natasha commissions legacy projects to mark one year in office
Lawmaker representing Kogi Central, Natasha H Akpoti -Uduaghan, marked her one year in office on Saturday, by distributing empowerment materials and launching some projects across the district.
The lawmaker was joined by her colleagues from the Senate to commemorate the historic event.
First was the commissioning of the 1km road network at the Abdul Azeez Atta Memorial College Okene by the senate Minority Leader Distinguished Senator Abba Moro.
Senator Tahir Monguno followed by commissioning the reconstruction and remodeling of the Abdul Aziz Atta Memorial College in Okene. There are 9 blocks of classrooms and 4 boarding houses; as well as unveiling the 5,000 digital learning devices marked the event.
The anniversary also included the inauguration of the reconstructed Ihima Police Station, which was officiated by the Kogi State Commissioner of Police, CP Betrand Onuoha. Additionally, an empowerment programme was launched by Senator Abba Moro.
The Deputy Senate President, represented by Senator Ladan, spoke about Senator Natasha Akpoti-Uduaghan's first year in office, describing her representation as effective, and praised her efforts to significantly impact her constituents.
“She invited us to see firsthand how she is improving the lives of her constituents in Kogi Central. What makes Senator Natasha unique is her passion for humanitarian service, which seems to be part of her genetic makeup, as her family has a history of giving,” he stated.
On his part, Senate Chief Whip Senator Tahir Monguno emphasised the importance of education in a country's development, commending Senator Akpoti-Uduaghan’s initiative to digitalise learning in Kogi Central.
Senator Abba Moro also praised the legacy projects and applauded his colleague for her exceptional performance.
“We have toured various projects aimed at improving the lives of the people, particularly concerning security. All of us here, the senators of the Federal Republic of Nigeria, are proud to support our colleague, Senator Natasha Akpoti-Uduaghan. Her achievements in just one year of service are remarkable.
“I am astonished by the amount of support gathered here for distribution. It’s evident that this is the kind of representation we need, and I am very pleased that she is delivering.”
Speaking at the programme, Senator Natasha reflected on her past year in office, describing it as eventful with many of her campaign promises fulfilled.
"This past year has been a journey of commitment, challenges, and, above all, unwavering dedication to the well-being of our people and the development of our senatorial district. When I took on this responsibility, my vision was clear: to create a senatorial district of our dreams, where every child has the opportunity to learn, every young person has access to meaningful employment, and every family can access basic amenities such as clean water and electricity.
"I am honoured by the trust you have placed in me, and I am here today to reaffirm my commitment to delivering a future that reflects our shared hopes and aspirations. A cornerstone of this vision has been the digitalisation of education. We have deployed 5,000 digital learning devices to public primary and secondary schools across Kogi Central. In the coming weeks, the Universal Basic Education Learning Resource Centre will train teachers and programme these devices with the Nigerian educational curriculum.
"Furthermore, we believe that education is the foundation of a prosperous society. We are beginning the total overhaul of selected existing schools, such as the Abdul Aziz Attah Memorial College (AAAMCO) in Okene. We will also construct a brand-new model primary and secondary school in Osara and facilitate a centre for artificial intelligence and robotics at the Federal College of Education in Okene, as well as an automotive mechatronics workshop and cottage automobile workshop at the Technical College in Oboroke. Both projects are currently undergoing the BPP contracting process, and construction is expected to commence in the first quarter of 2025," she stated.
She continued, “Moreover, a scholarship scheme through the Natasha Foundation has supported the tuition of 353 vulnerable Indigenous students at tertiary institutions nationwide. Equally, we have worked tirelessly to attract employment opportunities for various graduates and facilitate capacity-building training and empowerment programs for thousands of beneficiaries from our senatorial district.
“Today, we are launching a massive empowerment initiative for over 1,300 artisans, focusing on our women and youth. They have been trained and will be empowered to earn a living in areas such as renewable energy installations, fashion and shoe making, block and tile making, fish farming, advanced welding and carpentry, hairdressing, and catering. You can see for yourself what we have accomplished. They have been supported with startup grants. These efforts will provide a solid foundation for families and, in turn, communities. I am also deeply committed to addressing essential needs, such as access to clean water. Through our numerous water projects, we have brought a reliable supply of potable water to many communities, transforming what was once a challenge into a sustainable reality. Out of the 12 water projects, we developed a massive 50,000-liter solar-powered motorised water system, which serves 300 locations and provides 1,800 fetching taps.
“The electricity projects that have been executed throughout our senatorial district, just within one year of my being in office, have illuminated homes and streets, making our communities safer and more supportive of local businesses. Proudly, 30 kilometres of road networks across Kogi Central are now lit, providing better visibility and enhanced safety for both residents and travelers, especially at night."
She further added; “The Ihima community had been without a police station for seven years, and I am honored to have my office facilitate the reconstruction and expansion of our community police station, which we commissioned today. If health is wealth, communities should not be impoverished by the lack of effective and responsive Primary Health Care Centers. I am grateful that my office attracted the rehabilitation of two primary healthcare facilities—the Primary Health Care Center in Ohueta and the one in Osara. Construction is set to commence within two weeks.
“A series of medical outreach programmes have been scheduled for next week in Ajaokuta and Okehi local governments. Similarly, I have proposed and sponsored several bills and motions that are not only nationalistic but essential for repositioning Kogi Central and Kogi State as an industrial hub. This, in turn, will create jobs for our youth and generate revenue for our beloved country.
“The legislative assembly, under the guidance of the Senate President, His Excellency Godswill Akpabio, and the executive, under the leadership of President Bola Ahmed Tinubu, have formed a strong political alliance. We are ensuring that not only will the Ajaokuta Steel Company function, but that the National Iron Ore Mining Company’s mandate will be expanded to harness the abundant natural resources lying untapped in our region.
“To the leadership of the Senate and my colleagues present, the hills surrounding us are rich in natural minerals, from gold to amethyst and iron ore, among others. I hope that in the coming months, you will join forces with me to ensure these minerals are tapped for the benefit of our country. The Gold Reserve Bill and the establishment bill for the Federal Medical Center in Ihima are legislative efforts aimed at transforming the industrial landscape of our state to meet the welfare and health needs of our people and to widen employment opportunities".
“I am grateful for the productive leadership I have developed with the President himself, His Excellency President Ahmed Bola Tinubu, the First Lady, Her Excellency Senator Oluremi Tinubu, and the Senate President, His Excellency Senator Godswill Akpabio. I am immensely grateful to them all. This collaborative approach has helped us access new opportunities and resources, bringing about greater development and democratic dividends for our people.
“There is still much work to be done, and I am committed to continuously learning and striving for improvement. I will work for you with the same energy, passion, and dedication that you deserve. Thank you for your unwavering support,” she concluded.
Dignitaries at the event include representatives of the Deputy Senate President, Senator Musa Ladan, Senate Chief Whip, Senator Tahir Monguno, Senate Minority leader, Senator Abba Moro, Senator Ede Dafinone, Senator Victor Umeh, Senator Tony Nwoye, Senator Ekong Sampson, Senator Anthony Yaro, as well as Senator Olubiyi Fadeyi.
Others are: Edo Deputy Governor, Omobayo Godwins, House of Representative Member representing Adavi/Okehi Federal Constituency, Hon. Abdulraheem Abdulmaleem Danga, Kogi Commissioner of Police, CP Betrand Onuoha, Ohi of Okene, HRH Alhaji Isa Mamman Okatahi, Ohi of Ihima, HRH Abdulrahim Ogido, Ohiomata of Odumi, Chief James Omeiza amongst other eminent Nigerians.
He looted money from Societe Generale Bank depositors.
If you gangan are not a thief, tell us which of your favourite politicians is not a thief and why Saraki has not been successfully prosecuted of your SGBN allegations by Buhari and Tinubu after 2019?
By the way, how is this an appropriate answer to the question asked in the comment you replied?
Are you a failure naturally and generally, or this is just because you are defending the indefensible failures of AbdulRahaman and APC in the past six years of APC
dre11: Joining APC Makes the Brain Stop Working’ and 4 More Daniel Bwala Anti-Tinubu Remarks
There are three things in the world that deserve no mercy: hypocrisy, fraud, and tyranny. – Frederick William Robertson
Daniel Bwala, a staunch critic of President Tinubu, his administration and the All Progressives Congress (APC), has been seen frolicking with the President in recent days, which has infuriated the public.
For his past statements against the APC, Bwala, who was a spokesperson for the Peoples Democratic Party (PDP) presidential campaign council during the 2023 elections, has now drawn backlash.
He was an APC member until he defected to the PDP in 2022. He would later cite the ruling party’s Muslim-Muslim presidential ticket as the reason for his exit.
While announcing his decision on X on July 10, 2022, Bwala wrote: “Tonight I officially resigned my membership of @OfficialAPCNg on principles and conviction that I hold so dear. At this time of our national existence, our efforts and energy should gravitate towards uniting our people.”
There are now speculations that he may return to the APC. He held a meeting with President Tinubu on Wednesday “to show appreciation and support for the bold decisions he is taking to deal with the crisis confronting [the] country”, and he revealed that he would support Tinubu without apologies, even if it meant going back to the APC.
Amid ongoing controversies surrounding Bwala’s recent interactions with the President, FIJ revisits five times in the past when he criticised the APC-led administration.
‘EVEN IF YOU GIVE TINUBU 30 YEARS, NOTHING WILL WORK‘
On December 25, 2023, Bwala expressed scepticism about President Tinubu’s ability to deliver within his four-year term. He argued that waiting for significant changes under Tinubu’s administration might not be feasible.
Bwala said, “When people talk about being patient and waiting, you have to look at the time frame the public officer is expected to execute the work. The President has just been voted into a term of four years. He is eight months into the term, which constitutes 31.8 percent of the total time that he has. He has less than 70 percent time in government; when is that going to happen? When President Buhari took over in 2015, it was the same language, and we patiently followed and he finished the first term and finished the second term. When there is a fundamental problem with policy, time is irrelevant; 30 years, it will not work.”
‘TINUBU’S CABINET MEMBERS WON’T PERFORM MORE THAN 15%‘
In August 2023, Bwala said that the cabinet members appointed by Tinubu would not perform beyond 15 percent because the President seemed more focused on politics than governance.
“I feel that when it comes to the number of ministers, he (Tinubu) was more particular about politics than governance. The number of governors in the cabinet and the portfolios assigned to some individuals were purely political. I don’t have an expectation of a performance that is going to be beyond 15 percent, looking at the cabinet members,” he said.
‘TINUBU IS PRESIDENT-SELECT, NOT PRESIDENT-ELECT’
In May 2023, Bwala said Tinubu was the ‘president-select’, and not the ‘president-elect’. He said Tinubu was selected by the Independent National Electoral Commission (INEC) as their preferred candidate.
His words: “Now we are in court to say that it was a rigged process. As long as there is no final determination of the matter, we have every right under law, equity and justice to hold the opinion that we express that he is a president-select and not a president-elect.”
‘THE PDP CLEARLY WON THE ELECTION BUT APC RIGGED IT‘
Following the 2023 presidential polls, Bwala said his party won the election and alleged that the APC rigged it to emerge as the winner.
Bwala, who disclosed this in an interview with Arise TV in March 2023, said, “We clearly won. In fact, if these results were allowed to be read from the result sheet, we won with over 1 million vote. Nigerian people voted PDP as the winner of this election, but history and posterity is the one that will judge.”
‘JOINING APC MAKES THE HUMAN BRAIN STOP WORKING’
Bwala made a post on X in November 2022: “The human brain is unique and miraculous. It works and functions optically 24 hours a day, 365 days a year, until you join APC, then it stops working.”
Since his post resurfaced on Thursday amid his unabashed declaration of support for the APC, Bwala’s cognitive abilities have been questioned by Nigerians.
An X user with the handle @chymaker wrote, “His brain stopped working.”
Another X user @Morris_Monye, wrote, “There’s something wrong with this man’s brain.”
“Your brain didn’t take that long to stop working. Either you forgot to go for an annual checkup or your network is not as strong as you think. Whatever the case is, learn to clean your mouth,” wrote @Gary_Mazi
Dogalmighty17: All this desperate positioning for 2027 will only appeal to fools. And OP you are an idiot. What gives you the impression that Nigerians believe saraki is the best senate president Nigeria has ever had?
Someone that had to sleep in his car at the national assembly grounds and scale the fence early in the morning to the chambers of the senate in desperate pursuit for power is not someone any right thinking Nigerian should consider for the presidency.
If you are not a greater idiot than the OP, then why would you talk about Saraki’s desperate pursuit of power to be senate president in 2015, while failing to mention T-Pain’s Fulani asslicking desperation to get his ebilokan dream to continue APC shege?
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.
Is this a sign of the failure of APC’s Otogẹ governor to do anything better in six years than PDP’s 16 years in office?
Which of these progressive agenda items has happened in Kwara state since 2019
Babasessy: The Awolowo rebirth in the Southwest has inspired gongs, songs and rhetoric of sorts. But they have missed one point.
It occurred to me in Abeokuta last week amidst the big crowds and euphoria of the swearing-in of Senator Ibikunle Amosun as governor. In all the states from Lagos to Edo, where Awo has witnessed ideological resurgence, hardly a single family member has played a role.
So we have an Awo family without an Awo. That is an irony. But history overwhelms us with this sort of twist. Obafemi Awolowo toiled for his reputation. His roots were lowly, he toiled to school both home and abroad, launched into careers in law, business, journalism and eventually politics. He carved a niche for himself, and became the first methodical and charismatic leftist in our history. Other leftists abounded but they did not inspire comparable drama and following.
He faced tribulations, went to jail, failed in elections, won a few, but he imprinted his ideas and legacy in the country, and no single mortal has beaten him in the history of this country. His greatest achievement was in the area of ideas, and that was how he fashioned a family. Most families are born of biology but his issued from ideology. That family suffered with him.
In a spoof of Jesus Christ, these were the men who followed him in his teachings, and endured with him in his temptations. So he formed a kingdom for them in the Southwest, in the old Western Region, presiding over his projects, his legacies and people.
In all of these, the family he had was not his flesh and blood. In another spoof of Christ, who were his family anyway? Those who were with him must be counted as his family. So, I combed in the ambience of Babatunde Raji Fashola (SAN), and I found none. I went to Ogun, I frisked the crowd under Amosun’s bower, hardly any. Around Ogbeni Rauf Aregbesola in Osun, I could not lay a finger. With Governor Kayode Fayemi in Ekiti, where are the forbears of Awo? Yet, I can hear the chants of Awo. Hardly in any of the inaugural speeches or any of their other public intervention would you miss the philtre and filter of Awo from these gentlemen. To parody Novelist Joseph Conrad, they are the sparks from Awo’s sacred fire, the messengers of the might within the man.
Already all of them are pursuing the legacy ideas of Awo: free education, free health services, infrastructural development, urban renewal and economic engineering.
Lagos has posted itself as the John the Baptist. The others are putting up valiant efforts, and the world of course is watching to see how well they will perform. It will call for great work, resourcefulness and cooperation. They are the real Awoists, and Awo was a man of rigour and vigour.
The Awo son that many expected to take after the father was Olusegun, who unfortunately died in a car crash. We shall never know if he could have pulled it off. But the others have not shown much of the paterfamilias’ brio and depth. In the past decade, under this republic, they have blended with the wrong crowd. Even H.I.D, hobnobbed with Alao-Akala, who brought illiteracy to governance; with Oyinlola who turned the grace of office into a hell-hole of despots; with Daniel who could not arrest his quick fall into megalomania.
I wrote once that this woman whom Awo once described as the jewel of inestimable value has lost value to his cause. If he came back to life, he would have committed the extraordinary act of divorce after death. Even his newspaper, The Tribune, has so stumbled and fallen that it swims in Awo’s vomit.
seborrhic: Spraying money on a stripper with fat tummy,wearing full clothe and just shaking bumbum. He can achieve same thing with younger,more shapely girls in the privacy of his home,going full nude,but of course, it's not about strippers per se, it's just to show people there that he has money to throw around because even if it's a gay shaking bumbum,I know this kind of mumu would still spray them cash
Who is the greater mumu between the money miss road state legislator and his fellow citizens who not only allow him to steal their destiny but also applaud him for destroying their destiny in such flagrant manner, simply because they are connected to him, no matter how remotely?
Destroying destiny by failing to ensure that the budget approved for the governor includes provisions for hiring civil servants to increase the volume, pressure and coverage of pipe borne water supply to every single household, school, hospital, library, business, church, mosque, shrine etc.
edet19892015: Unless you understand your role in society, you can never make any meaningful contribution.
According to the Greeks, they are three types of people on Earth, 1. The idiots, 2. The tribesmen, and 3. The citizens.
Studies show only 10% of Africans are citizens. The remaining 90% are either tribesmen or idiots.
1. When the Greeks used the word "Idiot", they did not use it as a curse word. Idiots are people who just don’t care. If they sit for exams, they will cheat. If they are in government they will steal.
An idiot does not care at all, if he eats bananas he throws the peels anywhere instead of putting them in a trash bin.
IDIOTS won't attend monthly neighborhood meetings. They won't pay security dues. They won't contribute to community development. Even when they see or know about something that will harm others in the community they won't report it. When they see/know/have something that will benefit their community they won't share.
In fact, Idiots don't care to register for or vote in an election, yet they complain the most. If they register to vote, IDIOTS will sell their votes for peanuts.
According to the Greeks, some societies have more idiots than tribesmen and citizens.
2. The next set of people are "Tribesmen", these are people that look at everything from the point of view of their tribe.
These are people that believe in you only if you are part of their tribe. It can be terrible to have a tribesman as a leader, he will alienate the rest.
When the Greeks talk about tribes, it’s not just about ethnicity, they also consider religion, gang membership, group membership, party membership and even cult membership as a tribe.
A great percentage of Africans are tribesmen, because they view everything from the point of view of their tribes. They trust only their tribesmen
3. The last group are "Citizens". These are people who like to do things the right way. They will respect traffic light rules even if no one is watching them.
They drive within speed limits. They respect the laws, and won’t cheat in exams. In government, they won’t steal. They are compassionate and give to others to promote their well-being.
Citizens often promote projects that benefit everyone. The Greeks called this group "The Citizens".
Some countries have more citizens than tribesmen and idiots, others have so many idiots.
A tribesman can become a citizen through orientation. And an idiot can become a citizen by training and constant enforcement of the law.
But things fall apart if you elect an idiot or tribesman to lead you if he has not been reformed.
Where do you belong? Are you an idiot, a tribesman or a citizen? Reflect on your life. Reflect about your immediate community, city, state and nation.
Business › Re: What 30k Would Get You 5 Years Ago(picture) by anonimi: 10:42am On Mar 17, 2025
