₦airaland Forum

gbemishile:
And yet that Anambra is still trailing Lagos in terms of development.
You people dint reason well sha

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.

https://businessday.ng/uncategorized/article/lagos-ranks-amongst-worst-cities-to-live-in-for-nine-straight-years/

dmostcheerful:
Shut up.
Nigeria happened to it.
In a saner clime if the naira appreciated as it was supposed to it would have trippled if not more but then Nigeria will always be Nigeria.

Bonesbreaker:
So now he really invested money before thought you guys said he never did now the 12million na 5million APC and PDP go shit for shot while trying to under-market peter obi i am seriously radical obedient Mr,go and verify

tolue42:
Lol bad investment..... Lack of foresight I must say...cash out is allow after few years, just exactly what Tinubu did in Lagos , Invested 4bn Lagos money , made 15Bn profit through Econet share.

Firefire:
The All Progressives Congress, Lagos State Chapter, has said the Lagos State Government has quit the Sunborn Yacht Hotel. The party said it was a bad business and the government had abandoned the deal.

The controversial yacht, valued at about N8bn, is an inshore boat hotel.

The state chapter of the Peoples Democratic Party had recently accused the state government of corruption. It challenged the state Governor, Babatunde Fashola, to speak out on the whereabouts of the yacht and the two helicopters bought by his administration for security surveillance of the state.

The state Chairman, PDP, Mr. Tunji Shelle, while addressing party faithful during the General Assembly of the chapter, had said, “After floating miserably on the Marina water for so long, the controversial Sunburn Yacht, which cost the Lagos State Government, under (former Governor) Bola Tinubu, a whooping N8bn suddenly disappeared, only to be sighted at Thames in England.

“Now, the question is: who orchestrated this 419 and who were the beneficiaries of this waste of public fund. This is certainly a fraud and (Governor Babatunde) Fashola must tell us something he knows about this fraud, failure which he remains an accessory after the fact in the fraud.”

While reacting in an online interview with our correspondent on Saturday, the state Interim Publicity Secretary, Mr. Joe Igbokwe, said the state government took a bad business decision on the yacht and had done away with it.

He said, “Every successful investor or businessman will tell you that business is not a bed of roses. He knows business is not all about gains all the time; you gain in some and lose in some. It is the same with governments all over the world. No government anywhere in the world will tell you that it has achieved 100 per cent success in every decision it has taken.

“The world will forgive you for taking decisions and making all the mistakes but the world will not forgive you if you do not take decisions at all for fear of failure. LASG has done away with the bad business called the Sunborn Yacht project. Case rested.”

Igbokwe described the PDP’s allegation that the helicopters had been deployed in the Niger Delta for private business purposes as idle talk. He said the party derived joy in telling, seeing, hearing and thinking lies.

“APC Lagos cannot continue to dissipate energy and precious gift of time, providing answers when there are no questions at all. Idle hands are devil’s workshop. PDP Lagos has been idle for close to 16 years and you can understand why the centre cannot hold for them.”

He, however, did not speak, specifically, on the state of the helicopters.

The PDP had also called on Fashola and the APC to protect their integrity by allowing the Speaker of the state House of Assembly, Adeyemi Ikuforiji, to step aside pending his trial by the Economic and Financial Crimes Commission for alleged misappropriation of funds.

Igbokwe, however, said Lagos had been at the forefront in accusing the PDP-led Federal Government of brazen corruption, mismanagement and mediocrity. He said the state had rather showed the way for leadership in Nigeria.

He said, “It seems to me that they have been trying to hit back at Lagos and there is no other crooked and dishonest way to do that than to target the Speaker. I am worried that this is a calculated attempt to tarnish the image of Lagos State Government and these politics are well understood.”

http://www.punchng.com/news/lagos-n8bn-sunborn-yacht-deal-bad-business-apc/

Ofodirinwa:
Obi: invested in hopes of bettering state financial standing. Took significant loss

Tinubu: Receives Lagos Tax revenue, uses it for personal politics

Atiku: Primary sponsor of Miyetti Allah

marsman:
It is funny though. What do you expect from a scam.

Smithkafors:
It's simple. Choose the lesser devil

Deuteronomy 14:22–29

22 Be sure to set aside a tenth of all that your fields produce each year. 23 Eat the tithe of your grain, new wine and olive oil, and the firstborn of your herds and flocks in the presence of the Lord your God at the place he will choose as a dwelling for his Name, so that you may learn to revere the Lord your God always. 24 But if that place is too distant and you have been blessed by the Lord your God and cannot carry your tithe (because the place where the Lord will choose to put his Name is so far away), 25 then exchange your tithe for silver, and take the silver with you and go to the place the Lord your God will choose. 26 Use the silver to buy whatever you like: cattle, sheep, wine or other fermented drink, or anything you wish. Then you and your household shall eat there in the presence of the Lord your God and rejoice. 27 And do not neglect the Levites living in your towns, for they have no allotment or inheritance of their own.

28 At the end of every three years, bring all the tithes of that year’s produce and store it in your towns, 29 so that the Levites (who have no allotment or inheritance of their own) and the foreigners, the fatherless and the widows who live in your towns may come and eat and be satisfied, and so that the Lord your God may bless you in all the work of your hands.

GreatAxeMan:
https://www.sunnewsonline.com/court-orders-student-to-clean-efcc-premises-for-2-weeks-for-cheating/

Benmob:
all this thing u are putting,still yet EFCC have never open case on obi or having problem of fraud he committed abroad like atiku and tinubu

Realists:
Corruptions has eaten deep into the fabric of our society.

munafav:
All this years you do not show us the leadership after 7 years you are going that is when you are saying it.....continue

BeeBeeOoh:
The Federal Government said the deregulation of the downstream sector and eventual elimination of the petroleum products subsidy has removed its monthly burden of N15.4billion in 2016.

The Vice President, Prof. Yemi Osinbajo who spoke at the Ministry of Petroleum Resources (MPR) year-end scorecard presentation and Joint Venture (JV) cash call signing in Abuja yesterday it would fetch about $15billion worth of investments for the oil and gas sector.

http://www.dailytrust.com.ng/news/business/subsidy-removal-fg-saves-n15-4bn-monthly-says-osinbajo/176210.html

Neyoosha007:
obi ko, Pandora ni

Fahdiga:
Exactly

lalasticlala:
Insecurity: Recruit 50 million youths into army, Tinubu urges FG

All Progressives Congress chieftain, Bola Tinubu, on Monday, urged the Federal Government to recruit at least 50 million youths into the Nigerian Army to boost Nigeria’s fight against terrorism, banditry and all forms of internal and external security threats confronting the nation.

Tinubu spoke at the 12th colloquium to celebrate his 69th birthday in Kano State.

He said, “We are under-policed and we are competing with armed robbers and bandits to recruit from the youths who are unemployed —33 per cent unemployed?”

“Recruit 50 million youths into the army,” he stated, adding that “what they will eat —cassava, corn, yam, will grow here.”

The APC chieftain, while reacting to recent statistics by the National Bureau of Statistics that over 23 million Nigerians are jobless, also urged the government to create jobs for youths in the agricultural value chains.

He said, “Don’t talk about illiteracy, anybody who can hold a gun, who can handle a gun, who can rooster and shoot is technically competent to repair a tractor in the farm.”

https://punchng.com/insecurity-recruit-50-million-youths-into-army-tinubu-urges-fg/

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.

https://businessday.ng/uncategorized/article/lagos-ranks-amongst-worst-cities-to-live-in-for-nine-straight-years/

Fira09:
Ok , but he has a more logical reasoning compared to BUHARI.

Fira09:
I meant PETER OBI.

AbuEzeFemi:
“I live there, but having been governor of Anambra for eight years, I cannot live outside Anambra. The only place I have a house officially built is Onitsha, if you see any house in Lagos, Abuja or anywhere else belonging to Peter Obi, confiscate it. I lease that place for my wife and children.”

On the search of his Ikoyi home, Obi said nothing was found except his wife’s cloth and shoes, adding that he has only one wristwatch, which he has used for 17 years.

“Ask those who searched it. I was abroad, they said they wanted to search my house, I sent the key, and they searched my whole apartment and I can tell you the only thing they found.

“They said this man doesn’t live here. It was only his wife’s clothes and shoes that we saw, we didn’t see anything belonging to him.

“I have said it to Nigerians, Peter Obi wears only black shoes, and I have two pairs of it, and I travel with it. The purpose of shoe is to protect the leg from being hurt. Nothing else. I bought this from Marks and Spencer, $49.99, finish.

“They said ‘we didn’t even see watch’, and I have said it to everyone, this is the only watch I have, I have worn it for 17 years. The purpose of watch is to keep time. Why would I keep a watch at home? Whose time is it keeping?”

http://sunnewsonline.com/ive-had-only-one-wristwatch-for-17-years-ex-gov-peter-obi/

MonkeyMods:
I've been waiting for any blogger that will put Tinubu and Masari side by side and let Nigerians see the type of personalities that are aiming to represent us.

But see PO, he exudes poise and charisma. Add his penchant for good governance, integrity and accountability and you will have a very good man with the interest of Nigeria and Nigerians at heart.

Nigerians... e ji, e ma sun
May una wake up oooo

Fahdiga:
Confused person. You said the presidency is your lifetime ambition yet all your life you haven't prepared for who to be your running mate. This goes a long way to prove that you don't have any solution to move Nigeria forward but you just wanted to answer the president by fire by force.

Fira09:
All these lunatics politicians self jumping from one party to another like an ANIMAL.

Looking for where to loot funds excessively,

GODSDAY ORUBEBE well done sir.

Anyway Let's just be OBIDIENT in next year election.

subsidywise18:
1.Correction before I respond...my value for 10% was not correct. re primary enrollment (Found the book, called the State of Africa by Meredith, M.).Apologies .

2.Even if we are not on cocoa revenue...the fact is Nigeria is not earning enough revenue, and has never earned enough revenue to provide free education.

Countries that provide free educations do so on the back of high incomes from taxation and also have higher GDP's which come from being industrial.

Which both PDP, APC or Obi and many other Nigerian politicans do not promote. Most Nigerians seem to think that if we go back to regions or remove corruption,(which we should), each region would earn enough money to look after its needs. They won't.

Nigeria must industrialise and get beyond just selling raw materials.

allcomage:
Soludo has not cleared mountains of refuse dotting all over the place in the state.

guzomaken:
Charles Soludo’s Missing Trillions – Fact Check


“The smarter the journalists are; the better off society is. For to a degree, people read the press to inform themselves – and the better the teacher, the better the student body.”
Warren Buffet
As Nigerians increasingly express a desire to see the country develop from its years of underachievement, education must rank as one of the country’s priorities.
Nigerians must embrace education in its general sense as a form of learning in which effective knowledge, skills, values, beliefs and habits of advanced societies or the society we crave is transferred from one generation to the next, through publications, mass media, storytelling, discussion, teaching, training, research etc
Nigeria’s intellectuals must also educate themselves on the impact of integrity, standards, merit, and responsible values and how these impacts on formative effects on the way a society thinks, feels, or acts.
In this article, I would review the highlights from the conclusion of Charles Soludo’s recent articles “I Stand By My Statements”
Excerpt:
“Let me also state for the avoidance of doubt that I stand by every statement I made in the two articles viz: (1) “Buhari Vs Jonathan: Beyond the Elections”; and (2) “Ngozi Okonjo-Iweala and the Missing Trillions”. In particular, I insist that over N30 trillion has either been stolen or unaccounted for, or grossly mismanaged over the last few years. This figure does not include the estimated $40.9 billion (N8.6 trillion at parallel market exchange rate or nearly two years’ Federal Government budget) which the African Union’s (AU) recent report”
I would proceed to review the points raised, relying entirely on irrefutable facts, verifiable sources, and records, starting with (2).
“The African Union’s (AU) recent report” Charles Soludo refers to is the “Illicit Financial Flows (IFF) – Report of the High Level panel of illicit Financial Flows from Africa”, commissioned by the AU/ECA Conference of Ministers of Finance, Planning and Economic Development.
There is nowhere in the 126-page report where a mention was made about $40.9 billion stolen, unaccounted for or missing from Nigeria. Here is a link to the full report ILLICIT FINANCIAL FLOWS

The IFF Figures on Africa and Nigeria
The IFF is a report from research on illicit financial flows as a development challenge for Africa. The report estimates that Africa loses more than $50 billion annually in IFFs.
The report defines Illicit Financial Flows (IFFs) as: Money that is illegally earned, transferred or utilized. These funds typically originate from three sources: commercial tax evasion, trade misinvoicing and abusive transfer pricing; criminal activities, including the drug trade, human trafficking, illegal arms dealing, and smuggling of contraband; and bribery and theft by corrupt government officials.
The Cumulative IFF estimated for Nigeria between 1970-2008, the 38-year period, which was reviewed by the study, was US$217.7 Billion, a 30.5% share in Africa’s Total IFFs.
The Report highlights two main cases for Nigeria;
1) “The case of a former governor of a state in Nigeria who used different shell companies, multiple bank accounts and the movement of money through several jurisdictions to launder ill-gotten wealth was a notorious example that came up in the course of the Panel’s work. This particular case spoke to issues of governance as well as the role of the banks in facilitating such suspicious transactions”.
2) “The Panel is particularly encouraged by the action taken by the US government under its Kleptocracy Initiative in early 2014 to freeze and return to Nigeria assets of not less than $458 million stolen by the late Nigerian dictator Sani Abacha, with another estimated $100 million also restrained We feel that such action underscores the imperative for political action by developed countries to fight”
Instructively both cases highlight the involvement of the banking system and Central Banks in IFFs, by omission or commission. Curiously the IFFs mentioned in (1) occurred while Charles Soludo was the Governor of the Nigerian Central Bank.
Effective actions taken by countries to stem some aspects of IFFs in both cases above have included financial reforms from the Central Banks (eg. Lamido Sanusi led Central Bank of Nigeria) and legislative actions (Patriot Act, USA. Eliminated Shell banks from the financial landscape).

Where are the bogus figures coming from?

Clearly the figures being quoted and its attribution to the current Nigerian Finance Minister’s watch are false. Charles Soludo, relied on spurious publications by sections of Nigeria’s media notorious for publishing false information.
The figures and slant of the report published in the media referred above were deviously fabricated and fed under false pretext to the public as sourced from a genuine report authored by the best of Africa’s men and women of integrity, values and professionalism.
This trend portends a very sad dilemma for Nigeria, as the people read the press to inform themselves, the teachers, in this case, are the major source of regression.
This sad perversion of information is quite regular with the Nigerian press.
In subsequent articles; I would review allegations of missing trillions of Naira (Charles Soludo), missing billions of dollars (Lamido Sanusi), mostly from Oil and Gas revenues, the facts, figures and reality.
I would also provide detailed insights on how the Nigerian Oil and Gas industry functions, the myths, the realities, the opportunities for graft, illicit operations, leakages, the complicity and role of the executive arm of government, agencies and employees, security, businessmen, politicians etc
The purpose is to provide accurate information to engender an issue-based discussion from a foundation of knowledge based on the true situation and facts


By Samuel Diminas

zicoraads:
"The name is not dropping everywhere else."

I know he is already being insulted. But the truth is the truth. When some of us say it, some of you get angry.

I daresay he won't even win in the Southeast, which is considered his strong base.

ScamHunter:
They're interested in milking the country dry first. Obi would be bad business for the thieves so they want him after they've been dead and forgotten, while their great grand children are enjoying their loot.

9jaRealist:
Millions of Americans have a ‘College Fund’ for their kids…
Many start saving when the kids are born - and often that’s still not enough.

The top colleges and graduate schools in the US are well over $50K yearly just for tuition alone.
When you add all the other associated with school (room, board, books, etc.) could be over $75K.>

(When Obama became president of the USA, one of the first things he did was to open savings account for his 2 daughters and start saving a huge chunk of his salary

etokhana:
https://twitter.com/davido/status/1538926907768639489?t=_OiXNu2lQ-BNk_tfOR7Mww&s=19[/quote]He needs to get serious about sensitising the ordinary people against the practice, which hopefully PDP is also not doing.

meobizy:
Does this mean America will eventually apologize for the slavery of Africans sometime in the next five hundred years? Here’s to hoping it will come to pass.

Realists:
The evils these christians crusaders did against humanity,

Fira09:
OMG! Belgium WTF , after 61 years They still remembered to return his tooth to his country (congo), This is funny Sha.

Though his people betrayed him.

oz4real83:
America, Europe, Japan and some other countries in the world have committed so many atrocities against other humans, be it in Africa, Asia and other parts of the world without listening to the voice of reasoning. This is what Russia is standing on, Russia feels that if these countries didn't listen to the voice of reasoning but still went ahead to commit all those atrocities, then Russia feel they also have a right to do whatever pleases them by attacking Ukraine even when the whole world oppose the action.

subsidywise18:
It's from a book whose title is Africa. (it contains a condensed history of African countries chapter by chapter) . I can't recall the title in full, sadly.

But it is true.

Also, free education is not sustainable unless Nigeria is ready to raise its tax to gdp ratio.

Denmark has free education, and its tax to gdp ratio is around 46%. Nigeria is around 8%, up from the 5.8 percent under your PDP. Bad overall, for APC. As one other Nairalander said elsewhere...the free education was paid for mostly by cocoa revenues...what would have happened if the population kept growing at a rate higher than the cocoa production...which is what happened eventually (by 1970's Ghana was not earning much from cocoa).

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.

Ddeliverer007:
Tell me about tinubu.

Richardonald:
Youths have already handed over power to APC in 2023, due to the OBEDIENT campaign, it is sad but that is the reality on ground, it took 4 major political parties, plus 5 governors that left PDP to join APC before they can seized power for the then ruling party PDP, now any alignment without PDP can't collect power from APC, APC control all the law enforcement agents, Inec, EEF and others, it is time for us to reason well