tollyboy5: I don't like the kind of politics we do in this country. Some people are utilizing constituency money while others are embezzling theirs on baby mamas.
The system has no measures to bring them to book.
Should they even get constituency projects' money in the first instance instead of employing the masses and paying them well compared to the politicians
Last month alone, we spent more than 21million Naira on Diesel in a hospitality company in Lagos
How many extreme poverty Nigerians, earning 30k minimum wage if they are not jobless, and struggling to pay school fees because governors and local government chairmen fail to provide free education, are spending more than 21 million on diesel because they are hospitality companies?
SouthSouth1914: Wicked President who only puts his friends and family on. How is this policy sustainable since minimum wage is 30k? This country will go up in flames someday. Just keep fine turning that line!
Abeg help us ask them o. The brilliant American trained gurus who made Lagos the 3rd economy but failed to provide low cost houses for civil servants and teachers.
Yet they brand themselves as progressives instead of claiming and owning up to their progreThief label.
slimfit1: Some people have destroyed this country for personal gain and their children won't benefit from it. Generating electricity for the whole country will create thousands of jobs. An ordinary monkey can figure that out. Sambo is one of the saboteur of electric generation. Jonathan lost me when he allowed his power minister to resign because Sambo told him to sack him.Sambo had and interest somewhere that we didn't know as usual. Whatever is working I will let somethings slide until I get my result then take action. Jonathan wanted to please Sambo.
Just as Obasanjo wanted to please the north by using Iwuruwuru INEC to make sick and dying Yar’Adua president? Or Yar’Adua was the best choice among Obasanjo’s viable options in 2007
If this man continues like this and play his cards right, he will be more acceptable nationwide and more suited for a higher position in the future.
Don't you want to know how many gutter cleaners he has employed and paying the N360,000 minimum wage to MAINTAIN the rehabilitated roads? What of the number of schools he has equally rehabilitated and how many teachers he employed?
Do we really have bad leaders looters or we are bad followers with tragical low expectations
All these could be money laundering paparazzi propaganda to cover up the looting of Abia revenue and loans.
adamusuleiman1: This strategic initiative, revealed in a statement by the IsDB, is part of a broader $225 million funding approval designed to propel new development ventures.
Chaired by the esteemed H.E. Dr Muhammad Al Jasser, President and Group Chairman of IsDB, the bank’s 354th meeting of the Board of Executive Directors saw the green light given to two pivotal projects aimed at fortifying socio-economic growth and sustainability in critical sectors.
About the Loan The $125 million allocation for Nigeria is poised to significantly reduce travel times and costs on major roadways, concurrently enhancing market accessibility and social services for the local populace.
Emphasising inclusivity, the project promises to bolster mobility for all residents, prioritising safe and accessible transport options, notably for vulnerable community segments.
The statemen read:
“Nigeria secured a US$125 million financing package to contribute to the Abia State Integrated Infrastructure Development Project. The project aims to reduce travel times and costs along key roads, while also improving access to markets and social services for local communities. “Additionally, the project will enhance overall mobility by ensuring safe and accessible transportation for all residents, including vulnerable groups.”
Mikuni: Good news. As a forex trader, we know that when a country increases its interest rate, the corresponding currency appreciates on the long term.
Nigeria has not just increased her interest rate, but also our main stay - petroleum is now more valuable. That's a big plus for the currency.
A big plus for Tinubu's N300 exchange rate target.
World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate April 23, 2023
Tinubu, during his campaign, said he would harmonize the fiscal and monetary policy to achieve immediate stabilisation of the value of the naira against the US dollar.
The President-elect said he would work with the Central Bank of Nigeria (CBN) to bring down the exchange rate to N200 in his first term.
“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.
“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years,” Tinubu stated.
atobs4real: Crude oil for dollars killing us little by little We would have had enough if such bargain is not made. Well, not bad bcoz even since crude oil has been selling, we have no meaningful.....
Are you talking about the Afreximbank loan to stabilise our exchange rate
Ibusho: The Federal Government on Friday received a $2.25b foreign exchange support facility from the African Import-Export Bank.
The Minister of Finance, Wale Edun, confirmed this to Arise TV, said it is the first tranche of the $3.3bn facility from the bank. He noted that the loan was aimed at resolving the acute FX shortage that has hampered the economy.
According to the report monitored by our correspondent, the balance of $1.05bn will be received in the first week of January.
Edun stated that work has commenced for solutions to Nigeria’s economic challenges.
In August, the Nigerian National Petroleum Company Limited announced that it had secured a $3bn emergency loan from the Afrexim Bank to stabilise the country’s volatile foreign exchange market.
Ofunaofu: It's obvious that you are making this assertion out of ignorance and blind support for the APC.
Wale Edun, the current minister of finance, recently confirmed that the last time Nigeria had a stable economy was a decade ago, which was during the Goodluck Jonathan regime.
He must have thought that we are all forgetful olodos whose brains have been swept clean by APC's winchioous igbale. God bless you richly for this timely reminder.
marlow1962: Ok, but he also inherited embezzlement and bullet proof SUVs.
And then bought even some more as his personal contribution to fixing the economy. Is it just Tinubu that is a clown, or everyone in APC
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.
A spokesman said the president didn’t ask for a yacht and criticized coverage of the budget. The “public attack” is because of the “very simplistic way some of the line items are described by civil servants, who prepare the budget,” Temitope Ajayi said in a column posted to a local media outlet. New vehicles, he said, will be used by aides and civil servants, not Tinubu himself.
The legislature has also been slammed for buying hundreds of its own expensive SUVs.
Tinubu, who took office in May, ended a popular but costly fuel subsidy and removed currency restrictions that saw prices spike and the naira sharply devalued. That’s left many households struggling to survive in Africa’s most populous nation, where at least 40% of its more than 200 million people live in extreme poverty.
Last year, the country spent about 96% of its revenue servicing debt and the government plans to raise 9 trillion naira to help fund next year’s budget.
iwaeda: The poor getting poorer under Tinubu's APC.
It is terrible that Tinubu is continuing Buhari's economic woes predicted by Obasanjo before he surprisingly endorsed him over Jonathan in 2015.
citizenisb: Former President Olusegun Obasanjo says President Muhammadu Buhari may not do well in economy and foreign affairs, except in military matters.
“Buhari is not a very hot person on the economy and foreign affairs,” Obasanjo said.
The former President stated this on Monday at the third International Conference on African Development Issues — themed, “Driving inclusive and sustainable development in Africa: Models, methods and policies” — organised by Covenant University, Ota, Ogun State.
While reacting to a question posed to him by a member of the audience: “Is there any hope for Nigeria under the administration of President Muhammadu Buhari?”, Obasanjo replied, “Is there any hope for Nigeria under this administration? I came back from Geneva, Switzerland a few days ago to attend a conference titled, ‘Are elections giving democracy a bad name?’ We had an election, we elected a leader and the good thing about democracy is that the power you have to elect a leader is also the power you have to remove him. I am saying this because I said earlier that if you don’t see any leader that has done well in the 56 years of Nigeria’s independence, then let us forget about Nigeria.
“I will tell you what I know and I will tell you what I don’t know. I know Gen. Muhammadu Buhari. He served under me in the military. His characteristics that I know, his behaviour that I know, he has not deviated from them. He was never a perfect man, he is not a perfect man and no leader can ever be a perfect man because they are human beings. But if you read my book, what I said about him is correct. He is not a hot person when it comes to economy. He is not a very hot person when it comes to foreign affairs. But he will do well in matters of military and he will do well in fighting Boko Haram.”
More troubles for power plants, abi more EbinPawa shege for 200 million Nigerians who were swindled into buying Tinubu's packaging of Buhari as APC messiah of change nine years ago for him to get his own Emilokan last year
One of the worst scammers in our political system. We must not tire of exposing the 419er for what he is.
bennybuhari: “’I cannot take anything back about Obi. I said Obi said he wants to move Nigeria back from consumption to production and I said that is not true. He cannot do it because his own business survives on consumption. Is that a lie? He has been an importer and I said he deals with cash and carry economics; container economics, imports”.
“All the goods that can be produced in Nigeria, Obi imports them in his supermarkets. That is consumption economics. That kind of person cannot tell you that he is moving you from consumption to production. He will then be committing self-economic suicide and Obi will not do that to himself”.
“So, Obi is deceiving everybody and I can’t take that back because that is true.
So all the billions should be spent on infrastructure only. What about health, education, Environment e.t.c
Maybe if other state government across Nigeria had ensured their own states were liveable, Lagos would have less demand on infrastructure wear and tear.
If Lagos has less demand on infrastructure, then how will it get the people to generate more revenue it brags about
abc115: God Bless President Bola Tinubu God Bless Federal Republic of Nigeria
Seeing how Tinubu has failed in all his previous promises since he was governor in 1999, and given how the man he alone made president in order to get his own Emilokan turn failed in a similar manner, should a wise person be prematurely excited about this announcement
stanleychimezie: Muhammadu Buhari has reportedly ordered that nine government aircraft from the presidential fleet should be sold. The move is aimed at reducing the cost of government, as previously promised by the All Progressives Congress politician, This Day reports. According to the raw calculations, the presidential fleet, which is registered as Nigerian Air Force aircraft, is […]
ican2020: The Federal Government may have spent about N5.8bn on the 10-aircraft Presidential Air Fleet it inherited from the former President Goodluck Jonathan’s administration, findings by Saturday PUNCH have shown.
The PAF is the third largest fleet in the country, coming after Arik Air and Aerocontractors Airlines which have 23 and 12 aircraft in their fleets respectively.
Other domestic airlines including FirstNation, MedView Airlines, Dana Air, Air Peace and Overland Airways have less than 10 aircraft each in their fleets.
According to calculations done from estimated data obtained from aviation parastatals and domestic airline operators in the country, President Muhammadu Buhari’s administration will have spent about $58.58m (N11.598bn) on running and maintaining the 10-aicraft presidential fleet by May 29 next year when it turns one year in office.
This means that the half of this amount, $29.29m (N5.799bn), is expected to have been spent in principle on the large fleet when administration turns six months in office by November 29.
According to findings, the PAF contains two Falcon 7X jets, two Falcon 900 jets, one Gulfstream 550, one Boeing 737 BBJ (Nigerian Air Force 001 or Eagle One), and Gulfstream IVSP.
Others are one Gulfstream V, Cessna Citation 2 and Hawker Siddley 125-800 jet.
Each of the two Falcon 7X jets were purchased in 2010 by the Federal Government for $51.1m, while the Gulfstream 550 costs $53.3m, a former Minister of Information, the late Professor, Dora Akunyili, had said.
The factory price of other aircraft in the fleet could not be obtained online. However, airline CEOs put the average price of Falcon 900 at $35m, Gulfstream IVSP at $40m, Gulfstream V at $45m, Boeing 737-800 (Boeing Business Jet) at $58m, Cessna Citation at $7m and Hawker Siddley 125-800 at $15m.
This brings a combined estimated value of Nigeria’s PAF to $390.5m (N77.319bn).
According to airline chief executives and industry experts, airlines spend between 15 and 20 per cent of the cost of an aircraft on its operation yearly. They say that averagely, a little less than one-fifth of the cost of the plane is spent every year on insurance, flight and cabin crew, maintenance, fuelling, catering and training.
Using the least figure of 15 per cent, it means that about $58.58m (N11.598bn) will be spent on the presidential fleet (which is valued at $390.5m or N77.319bn) when the new administration turns one year by May 29 next year.
Apparently, by November 29 when it turns six months in office, about half of this amount ($29.29m or N5.799bn) should have been budgeted for the running and maintenance of the planes.
According to the Nigerian Air Force’s website, the PAF’s current staff strength consists of 47 NAF officers, 173 airmen/airwomen and 96 technical and administrative civilians.
“The operational headquarters of the fleet is located at the presidential wing of the Nnamdi Azikiwe International Airport, Abuja, while the administrative personnel are at the federal secretariat. The fleet has a liaison office at the Presidential Villa. Flight operations, training, aircraft maintenance and general running of the fleet are funded by the Presidency,” according to the website.
Nigeria happens to be one of few countries of the world with a large PAF.
Most major countries in Europe and Asia maintain two aircraft in their PAF, according to Wikipedia.
According to the online portal, Japan maintains only two Boeing 747-400 planes in its PAF.
The two aircraft, mostly for the prime minister, the emperor and his wife, and other members of the Imperial Family, is operated by the Japan Air Self-Defence Force.
The aircraft were constructed at the Boeing factory at the same time as the United States’ Air Force One. Both Japanese aircraft were delivered in 1990.
Wikipedia also states that the Netherlands government operates only two aircraft, a Fokker 70 and Gulfstream IV to transport the Dutch Royal family and government officials such as the Prime Minister and other ministers.
They are also used for international conferences and for private trips by the Queen and the Prince of Orange. For long haul trips, the Royal Dutch Airline is used. Often the upper deck of a Boeing 747 is used.
The Queen of England and the Prime Minister, David Cameron, often go on British Airways chartered flights for long trips. Cameron was recently criticised by the United Kingdom media for chartering a foreign plane instead of a British.
According to Wikipedia, the Royal Squadron of the Royal Air Force maintains a fleet of Agusta A109 helicopters, BAE-125 mid-sized business jet and BAE-146 regional airliner to support short travel by the Royal Family, the Prime Minister and senior members of the British Government.
Countries like Ghana, Algeria and a host of others in Europe maintain only one aircraft in their PAF.
A few weeks after his inauguration, Buhari had reportedly ordered the immediate disposal of some of the planes in the PAF.
However, the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, later denied knowledge of such directive.
“The story of the order for the sale of aircraft in the Presidential Fleet, about which so much interest is being expressed, is not known to us,” Shehu said.
The exact size of the PAF is treated as classified information and aviation sources believe the aircraft in the fleet is about 16.
Racoon: Same way Remi and Tinubu overhyped Buhari under the same APC
25 years of holding 20 million smart Lagosians by their balls, has he made Lagos better with ordinary water and toilets in their homes
A 45-year-old resident and father of three, Mr.Fatai Lamide told PUNCH HealthWise that no building in the community has toilet facilities.
The Oyo State-born mechanic said, “We don’t have toilet in this area, including our compound. This canal that you see serves as toilet to all of us living in this area. We defecate inside nylon and throw it inside the canal.
“For people that don’t want to use nylon, they have a special bucket that they use after which they pour it inside the canal too.
itubaba001: Lagos, the commercial hub of Nigeria, has been ranking as one of the worst places to live in the world for the nine straight years, a BusinessDay analysis shows.
Data from the 2019 Global Liveability Index published by the Economist Intelligence Unit (EIU), the world’s leader in global business intelligence, shows the city has been within the range of 137th-139th position out of a total of 140 cities in the world from year 2011-2019. > > The EIU examines the quality of health care, education, infrastructure, stability, and culture when assessing living conditions of each city. More than 30 factors are taken into account when calculating each rank, which are then complied into a weighted score between one and 100.
olarent: Mean while we need the same 12m to buy a new 500kva power transformer to power light for over 500house and popolution of over 5000 with contribution of #25k each we gave our self 2months meaning darkness for 2months and our leader as waisting this. When I die I we fight the angel that zone me to Nigeria.
Why wait until you die to fight the angel after decades of suffering here?
Is it not better for you to fight for your representatives and other political leaders to pay taxes that reflects ALL their expenses and acquisitions
You dey buy N12m first class ticket to Saudi just because you wan go throw stones to invisible Satan, na how much have you donated to your constituency people?
God punish devil
Do we even know if his income tax return shows that he spends money like this
NairaOcean: In a heartwarming display of generosity and community support, Nigerian music sensation Ayra Starr has made a significant contribution to the Orimolade Ifako community in Lagos. The 21-year-old artist, known for her chart-topping hits and soulful voice, has installed a borehole in the community to provide clean and accessible water to its residents.
The Orimolade Ifako community, like many others in Lagos, has faced challenges with access to clean water for years. Residents have had to travel long distances or rely on inadequate water sources, impacting their daily lives and well-being. Recognizing this pressing issue, Ayra Starr took it upon herself to make a difference.
"I am grateful for the love and support I've received from the people of Lagos and beyond. This borehole is a small gesture of my appreciation and a way to give back to a community that has welcomed me with open arms," - Ayra Starr shared !
Is it not sad that in this 21st century there is no pipe borne water in every household in Lagos state that Tinubu alone used his master plan to make into a world class modern metropolis.
The lack of state-owned pipe-borne water in the homes of Lagos residents has continued to be a source of concern, a non-profit group, Corporate Accountability and Public Advocacy Africa (CAPPA) has said.
At a press event to mark this year’s World Water Day, the group said its monitoring team’s visit to state-owned waterworks showed that most of them are not operational.
The group said the waterworks it visited include the ones at Maryland, Mushin, Ikorodu, Obalende, Agbowa, Onikan, Ikoyi, and Amuwo Odofin.
Only the one in Ikoyi is producing water, according to CAPPA.
Glassysea: Hope his brain will think very well as young man to fix his country, we have 1 young man as a governor in kogi state who did not to improve the life's of his people
How was Yahaya Bello supposed to improve the life of Kogites that he failed to do Details please. Thanks.
CodeTemplar: Broom that sweeps away sanity and decorum or another?
The useless A-looter Poverty Congress, APC broom that swept away the widespread prosperity of jobs by PDP to replace with extreme poverty handouts from Humanitarian ministry of thieves and rogues.
Can you imagine how much petrol, rice, corn, garri, other food items, transport etc was in 2015 when minimum wage was N18,000 compared to now when minimum wage is N30,000
Another lamba-cious story to totori and excite the Tinubulation sufferers. Did APC not do us a similar lamba with Ogbeh and Buhari rice wonder
Esejojo: FACT CHECK: Did Audu Ogbeh Lie About the Collapse of Thailand's Rice Mills?
On Friday, Audu Ogbeh, minister of agriculture, claimed that Thailand has accused President Muhammadu Buhari’s government of being responsible for the collapse of seven of its rice mills.
The minister quoted the Thailand’s ambassador to Nigeria as saying that the federal government has “dealt” with his country.
Ogbeh said this was because Nigeria’s importation of rice has fallen by 95 percent.
Consequently, he said, unemployment rate has risen by four percent in Thailand.
“Just like two weeks ago, the ambassador of Thailand came to my office and said to me that we have really dealt with them,” he said.
“But I asked what did we do wrong and he said unemployment in Thailand was one of the lowest in the world, 1.2 percent, it has gone up to four percent because seven giant rice mills have shut down because Nigeria’s import has fallen by 95 percent on rice alone.”
TheCable fact-checked the claims made by the agriculture minister.
CLAIM ONE: COLLAPSE OF SEVEN RICE MILLS IN THAILAND
TheCable carried out an extensive research and the minister’s claim that seven rice mills collapsed in Thailand owing to Nigeria’s low patronage could not be verified.
Instead, Thailand’s export has continued to grow. According to The Nation Thailand, overall exports in January this year alone rose to 17.6 percent with an income of $20.101 billion.
Significantly, rice exports grew to 37.2 percent year-on-year — an indication that rice mills are not collapsing in Thailand. Instead, rice producers in the country may be needing more mills!
Also, the Rice Exporters Association of Thailand said rice exports reached a record high in 2017.
Charoen Laothammatas, president of the association, said they would be able to export around 9.5 million tons of rice in 2018.
The quantity of rice imported from Thailand into Nigeria is not significant enough to lead to the collapse of any mill in the country.
Information on the association’s website puts Nigeria’s import in 2017 at 23,192 metric tonnes. What Nigeria imported in 2015 and 2016 were 644,131 and 58, 260 metric tonnes respectively.
These figures are less compared to what Benin Republic has imported. The country imported 1,811,164; 1,427,098 and 805,765 metric tonnes of rice in 2017, 2016 and 2015 respectively.
It is even suspected that most Benin imports end up in the Nigerian market through the land border.
CLAIM TWO: UNEMPLOYMENT IN THAILAND HAS RISEN TO FOUR PERCENT
Checks by TheCable found this claim to be false.
Trading Economics puts Thailand’s unemployment rate at 1.3 percent as at January 2018.
“The unemployment rate in Thailand inched up to 1.3 percent in January of 2018 from 1.2 percent in the same month a year earlier,” information on the website read.
“The number of unemployed went up by 26 thousand from the prior year to 475 thousand while the number of employed declined by 142 thousand to 37.07 million.
“In December 2017, the jobless rate was 1 percent. Unemployment Rate in Thailand averaged 1.45 percent from 2001 until 2018, reaching an all time high of 5.73 percent in January of 2001 and a record low of 0.39 percent in November of 2012.”
CONCLUSION
The claim that seven mills collapsed in Thailand because of Nigeria’s low patronage cannot be verified. The claim that Thailand’s unemployment is at four percent is false.
Maybe the ambassador, as quoted by Ogbeh, was only speaking tongue-in-cheek to show how insignificant Nigerian market is to Thailand — but Ogbeh, eager to celebrate his achievement in office, took a private joke to the public without crosschecking.
lexy2014: that still leaves the questions unaswered.
how is it a big deal?
I thought Indian investors were willing to invest $14b in Tinubus renewed hope agenda and Tinubu had "secured" the $14b?
if Ogunlesi did all you saying, how does that concern any body in Nigeria?
when did Blackrock tell you that it "has been looking towards investing in Africa"?
You dey mind the A-looter Propaganda Congress, APC band of liars and distortionistas. They must think we are all mumus.
What happened to the IMMEDIATE visa lifting, Emirates flight resumption and billions in investment from UAE announced below in September
wwwihy: PRESIDENT TINUBU SECURES LANDMARK DEAL WITH UNITED ARAB EMIRATES ACROSS SECTORS; VISA BAN ON NIGERIAN TRAVELERS IS LIFTED IMMEDIATELY
President Bola Ahmed Tinubu and President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, on Monday in Abu Dhabi, have finalized a historic agreement, which has resulted in the immediate cessation of the visa ban placed on Nigerian travelers.
Furthermore, by this historic agreement, both Etihad Airlines and Emirates Airlines are to immediately resume flight schedules into and out of Nigeria, without any further delay.
As negotiated between the two Heads of State, this immediate restoration of flight activity, through these two airlines and between the two countries, does not involve any immediate payment by the Nigerian government.
In recognition of President Tinubu's economic development diplomacy drive and proposals today presented by President Tinubu to his counterpart, an agreed framework has been established, which will involve several billions of U.S. dollars worth of new investments into the Nigerian economy across multiple sectors, including defense, agriculture and others, by the investment arms of the Government of the United Arab Emirates.
Additionally, President Tinubu is pleased to have successfully negotiated a joint, new foreign exchange liquidity programme between the two Governments, which will be announced in detail in the coming weeks.
In conclusion, the President wishes to commend the UAE President, Mohamed bin Zayed Al Nahyan, for his unalloyed friendship and his determined effort to join hands with him to fully normalize and reset to excellence, the standard of relations between the two important countries.
seunmsg: Buddy, no need to be angry. I’m not a blogger and I owe you nothing. What I posted is exactly what was released by State house press. When what Mr. President and Adebayo Ogunlesi are cooking is done, you will see it. For now, what they’ve released is what they want you to know.
Is that all that we are expected to know from the president who is well paid for his job in Aso Rock, in which he has failed so far despite the hype and paparazzi photos of movement without motion
emkz: One area where Nigeria shows laxity is the profound lack of patriotism by citizens.
The accused allegedly collects government contracts he lacks the capacity to execute, colludes with government ministers and civil servants, takes the government to court or arbitration panels and gets the government to pay settlement for the government failing to honour the terms of the contracts.
This matter began as far back as 2002 when Olu Agunloye's memo for the Mambilla power project was stepped down and FRC instructed him to seek alternative means of funding. The stubborn minister went behind FEC to award the contract.
When in 2007, there was another advertisement for the project, the fraudulent company Agunloye awarded the contract to then sued Nigeria. Since then, the project has not made headway.
It emerged that the promoter of Sunrise bribed Malami, another minister of water resources and some civil servants in the ministry of justice to defraud Nigeria into a scandalous settlement which fPMB has come out to say he never authorized.
So why did the ministers approve the settlement?
It seems many people celebrate their being ministers because they see their positions as an avenue to award contracts. Since they collude with fellow Nigerians to defraud the nation, the solution is simple. The Nigerian justice system is too slow to deal with these people.
Other means need to be deployed to seize all their assets, render their families poor and ensure that they live the rest of their lives in regret. Frame them up for terrorism and lock them up until they die.
You cannot deal with corruption without corruption. It has not worked in Nigeria and it will not work.
President Tinubu, by now, people ought to be disappearing.
Starting with ThiefNuibu who has no explanation for the disappearance of the IGR from Lagosians and the federal allocation received on behalf of the masses plus loans that their unborn children will pay?
Or what explanation do you have for the huge growth in Lagos budget since 1999 that is n[b]ot matched with common services and utilities plus facilities MAINTENANCE since 1999 when[/b] compared with the achievements of Jakande with much smaller revenue/budget in just 4 years
eluquenson: REVISITING SOME OF THE LATEEF JAKANDE'S GOVERNMENT ACHIEVEMENTS FROM OCTOBER 1979 TO DECEMBER 1983 (FOUR YEARS AND 3 MONTHS) IN LAGOS STATE
* His government built the current Lagos State Secretariat which houses all the state ministries as well as the popular round house hitherto occupied by all subsequent governors of the state.
* His government built the Lagos State House of Assembly complex.
* His government built the Lagos State Television
* His government built the Lagos Radio
* His government built Lagos State University
* His government established General Hospital in zones all over the state with assurance of free health care.
* His government established Teacher Training College and the College of Education.
* His government built low cost houses in Ijaiye, Dolphin, Oke-Afa, Ije, Abesan, Iponri, Ipaja, Abule Nla, Epe, Amuwo-Odofin, Anikantamo, Surulere, Iba, Ikorodu, Badagry, Isheri/Olowu, Orisigun etc.
* His government established the Water Management Board and Waste Disposal Board on the 18th of August, 1980.
* His government constructed the Adiyan Water Works to increase water supply in the state to 18.16 million litres per day.
* His government modernized and expanded the Iju Water Works which was first commissioned in 1915. This increased daily capacity from 159 million to 204 million litres per day.
* His government purchased and commissioned the giant car crusher equipment. The equipment was designed specifically to crush derelict vehicles in Lagos State. It had the capacity to crush 45 vehicles per day.
* His government constructed, rehabilitated and resurfaced Epe/Ijebu-Ode Road, Oba Akran Avenue, Toyin Street, Town Planning Way, Alimosho-Idimu-Egbe Road, Idimu-Iba-LASU Road, the new secretariat road and several others.
* His government constructed Victoria Island/Epe Road and thereby creating an ‘oil rig’ for Lagos State.
* His government established Asphalt Plant for the Department of Public Works.
* His government established Electricity Board for Rural Electrification with provision of street lights.
* His government modernized, expanded and commissioned Onikan Stadium in 1982.
* His government established a singular school system and ensured genuine free education in Lagos State and the beneficiaries of this policy are in different positions of eminence in the country and around the world.
* His government raised the primary schools in Lagos State to 812 with 533,001 pupils (against 605 primary schools with 434,545 pupils he met in 1979) and secondary schools to 223 with 167,629 students (against 105 schools with 107,835 students in 1979).
* His government constructed 11, 729 classrooms with the maximum of 40 children per class between March and August 1980, by 1983, he had constructed over 22,000 classrooms.
* In July 1983, two commercial passenger boats christened "Baba Kekere and Itafaji" to run the Mile 2 - Marina (CMS) route via the lagoons were inaugurated by his government to mark the official launch of the Lagos State ferry services.
* His government took over the ownership and financing of Lagos State Printing Corporation in July 1980
* His government established the first State Traffic Management Authority (Road Marshals).
* His government established small scale Industries Credit Scheme which preceded the EKO bank.
*His government established LASACO Insurance.
*His government expanded existing market and built new ones.
*His government established Traditional Medicine Board.
WHO SAYS 4 YEARS IN OFFICE IS NOT ENOUGH FOR MEANINGFUL ACHIEVEMENTS?
IT'S A FACT THAT 90% OF GOVERNORS IN NIGERIA SINCE 1999 WITH REVENUES AT THEIR DISPOSAL CANNOT BOAST OF A QUARTER OF THESE ACHIEVEMENTS EVEN WITHIN THEIR EIGHT YEARS IN OFFICE.
Travel / Re: UK People Are Miserable, Nigerians Are 'happy' by anonimi: 2:39pm On Apr 04
