₦airaland Forum

Which poverty has been reduced by 50%? It shows how clearly the one who was once shoeless has lost touch with reality. For most nigerians especially the urban slum dwellers and rural dwellers poverty rate is as high as 80% by conservative estimates. The middle class has all but been wiped out while there is a high percentage of skilled and educated poor, most of who have been forced to pretend to belong to PDP or die from starvation. Let the president cause to be published, the names and states of those who have been employed by his government since 2009. All in all let our votes count in 2015. He will then see the wrath of nigerians and he will rue the day he took poor nigerians for granted.

The acquisition of private planes in Nigeria since civil rule began
with General Olusegun Obasanjo as President in 1999 has been unprecedented.

Over 130 new private planes were acquired since 2007

at an average cost of $50 million per plane”.

“Between March 2010 and March 2011, in just one year,

Nigerians privately spent $225 million on private jets.
But while a few dozen Nigerians are spending millions of dollars apiece
for private jets, the poverty level in Nigeria is on the rise; with almost 100 million Nigerians,

out of a total population of 170 million, living on less than one dollar a day.”

…….…..Forbes Magazine

aljharem: Please call him ignorant but clearly he is ignorant or PAID !!!

Only God can judge you Mr. Stop deceiving people here on NL. Today u ar Yoruba, tomorrow you will be Igbo, next you will be Hausa. I pity you. Repent now!!!!

Thanks all,
I got the sensor changed today and both the speedometer and the odometer are now working fine. I spent only 3k to fix this 1999 camry. 2.5K for the sensor n 500 for rewirer that fix it.

Wasting of time n money. People should tell this man not to waste his money.

Apart from breaching South African laws, the Nigerian government violated a number of key anti-money laundering laws in its botched attempt to buy arms and military equipment from South Africa with $9.3 million cash stacked in suitcases.
Two Nigerians and an Israeli were arrested at the Lanseria Airport in South Africa on September 5, 2014 as they tried to enter the country with the cash conveyed in a private jet owned by the President of the Christian Association of Nigeria, CAN, Ayo Oritsejafor.
Nigerian officials said the suspects were carrying out a “legitimate” transaction to procure arms for the country’s military, and that South Africa had been given receipts and documents to prove the authenticity of the deal.
South African investigators have faulted the claims, and last week, obtained a court order freezing the money. The Nigerian government’s explanation was “flawed and riddled with discrepancies”, they said.
An analysis of the deal shows how the Nigerian authorities, in choosing to procure arms with a huge sum in cash, blatantly flouted two important laws enacted to combat money laundering.
Section 2 of the Money Laundering (Prohibition) Act, 2011 clearly pegged the cash transfer allowed into a foreign country at $10,000 or its equivalent. The law stipulates that any cash transfer exceeding that limit must be reported to the central Bank of Nigeria, CBN, the Security and Exchange Commission, or the Economic Financial Crime Commission, EFCC within 7 days from the date of the transaction.
The law also requires transportation of cash exceeding the limit be declared to the Nigerian Customs Service.
Section 2 (5) of the act states that anyone caught flouting the law by failing to declare such transfer or making a false declaration could risk being jailed for up to two years as well paying a fine of up to 25 percent of the undeclared or falsely declared fund upon conviction.
Similarly, Section 12 (b) of the Foreign Exchange (Monitoring Miscellaneous Provision) Act stipulates that “foreign currency in excess of US $5,000 or its equivalent, whether being imported into or exported out of Nigeria, shall be declared on the prescribed form for reasons of statistics only.”
Further, Section 25 of the same law requires any international cash transfer exceeding $10,000 or its equivalent to be reported to the Central Bank.
Lawyers and civil society activists have come hard on the government for claiming ownership of the money which they say was taken out of the country in a manner that suggests reasons other than the purchase of arms.
They say shipping the money out of the country is in wanton violation of its own laws and that the government is making a mockery of its anti-money laundering policy.
“This is clearly a very bad example of how to make policy and break them at the end,” said Monday Ubani, the Chairman of Ikeja branch of Nigeria Bar Association.
Mr. Ubani says the fact that related government agencies are avoiding claiming responsibility for the money is sign that the money could not have been meant for something legitimate contrary to the government’s claim.
“Even if you want to buy arms and ammunition there are still procedures and processes. This was shrouded in secrecy. As I speak to you, no agency has claimed responsibility of knowing how this amount of money was sent abroad for purchase of arm and ammunition,” he said.
Mr. Ubani said the ease at which the money was taken out of the country suggests that the process had been tried before and could well be the method stolen money is taken out of the country.
“This is an example of how the money that should be used to better the lives of Nigerians is being stolen and shipped away. What other example can you ask for? This is a clear indication of how our money is being stolen by those in authorities.”
In a similar vein, a rights activist, Shehu Sani, said the matter should not be treated with kid gloves. He added that the explanation proffered by the government lacks credibility and called on the National Assembly to immediately commence an investigation as to how the money was taken out of country and what it was really meant for.
“This is very serious issue that needs to be investigated. The explanation given by the government doesn’t hold water. It doesn’t make any sense. There is nowhere in the world where such huge sum of money is moved in an airplane for the purpose of a legitimate business,” he said.
“There are three issues: The first being that whose money is it and who made the payment? Is it the Ministry of Defence, the Police or it is the Presidency? Secondly is that it was the money appropriated by the National assembly? And thirdly, the manner the money is being shipped out is a clear violation of the money laundering act. I think these are issues that need to be investigated by the National assembly,” he added.
Also Lagos-based lawyer, Jiti Ogunye, said the government’s account is a slap in the face of the country’s anti-money laundering laws. He said the government’s explanation is faulty. According to him if the government was carrying out a legitimate business it need not do it in a clandestine manner. He added that that the botched South African deal has all the markings of money laundering.
“This act has happen in clear violation of all our laws governing international business transactions.
“If you are going to buy arms for the fight against Boko Haram, the fight against Boko haram is not a hidden thing. It is something that the AU is supporting. It is something that ECOWAS is supporting; it is a fight that the international committee is supporting so why would you do it in a clandestine manner. Why can’t you wire the money through government channels? The fact that they are offering this jejune and absurd explanation in support of the gross violation of our laws is despicable.
“This is a clear case of money laundering perpetrated by people inside the Federal government of Nigeria and so people have to be held accountable.”
He said the national Assembly should prevail on the President Goodluck Jonathan to hand over those responsible for the transaction. He said if the president fails to do this, he should be held responsible and impeachment proceeding should be initiated against him.
On Thursday, the Senate said it has summoned military chiefs and the National Security Adviser, NSA, Sambo Dasuki, to explain the transfer of the huge amount in cash.

jayonpoint: When d news favors ur otueke retarden its a gud news bt wen it doesn't its saharareporter n we can only knw where ppple like came frm no less so Dan SS/SE. Its revealin by d day bt u wil soon see d larger revelation in a matter of tym dnt worry.

Nah so oo

reajen: 4 BEDROOM FLATS

A. Living Room
B. Dining Room
C. 3 bedroom All Ensuite
D. Kitchen

Can u send more details about this design to my email? I mean sides view, front n back view, floor plan etc. It's urgent since I called ur line but it wasn't going.
asadeazeez@yahoomail.com

Kudos to the South African government for standing firm on rule of law on this matter.
The South African government is urged to press the case until the money is forfeited.
Criminals inside Nigerian government circles must not benefit from financial wrongdoing.

I cry for my country!!!!

Oklander: TAN is PDyP simple! Idiôts trying to deny the obvious.....

B4 nko?

Investigators in South Africa have dismissed Nigerian government’s explanations of the purpose of the $9.3 million cash seized from two Nigerians and an Israeli as “flawed and riddled with discrepancies”.
The suspects told South African authorities that the money was meant for the procurement of arms for Nigerian intelligence agencies.
The jet used to ferry the money is owned by Ayo Oritsejafor, who heads the Christian Association of Nigeria, CAN.
Mr. Oritsejafor, a cleric, said he is not aware of the arms deal. He said although he owns the aircraft, it was managed by another company, Eagle Air Company, which in turn, leased the jet to a third party, Green Coast Produce Limited.
The Nigerian government in an unsigned statement, Tuesday, said it has provided South African authorities with documents and receipts to prove that the transaction was “legitimate.”
Nigerian security officials also said that it was normal practice to procure arms with cash.
“The Federal Government has submitted relevant data and documents on the transaction to South Africa and insisted that the transaction was legitimate. It also clarified that the funds were not laundered or smuggled for any covert manoeuvres. No launderer will be audacious to fly into a country in a chartered jet with such a huge cash,” a
statement by PRNigeria, an agency that regularly disseminates media statements for the military, police and other security agencies in Nigeria explained.
The statement tallies with what top security officials told PREMIUM TIMES in confidence that the money was legit as the government decided to buy the arms secretly; because the U.S. government had allegedly blocked its efforts to buy arms openly.
However, the government’s explanation does not seem to be gaining traction with South African investigators as the Asset Forfeiture Unit, AFU, of the National Prosecuting Authority of South Africa, NPA, has obtained a court order to freeze the money.
The NPA, in a statement sent to PREMIUM TIMES Wednesday said that the manner which the money was brought into the
country breached the country’s laws that deal with the transfer of foreign exchange of such proportion.
“The money was initially detained by the South African Revenue Service (SARS) as it was not disclosed or declared at customs, and was above the prescribed legal limit for the amount of cash that may be brought into the country,” it said in a statement.
Investigators also cast serious doubt on the Nigerian government’s explanation that the money was meant for the procurement of arms and that it has provided documents and receipt to back its legitimacy, raising serious concern that suspects might have been in the process of laundering the money before it was intercepted.
The NPA said its investigation shows that Tier One Services Group, the firm Nigerian government claimed it wanted to procure the arms from, is not authorised to sell or rent military hardware.
“In court papers, the NPA submitted evidence that Tier One is not registered with the National Conventional Arms Control Committee and is thus not authorised to enter into any agreements regarding the sale and/or rental of military equipment,” the statement read.
Tier One has apparently issued an invoice to a Cyprus based company, ESD International Group Ltd, ESD, in respect of the procurement of armaments and helicopters to be delivered to Nigeria. However, South African investigators said the time when the invoice was prepared and the time the money was brought in threw up some serious issues of its true intent.
The money was ferried to South Africa less than a week from the date the invoice was prepared (September 8, 2014).
The involvement of a Cyprus based company also heightens the suspicion that this may be a case of classical money laundering. Cyprus is notorious for its secretive banking system, which attracts shady characters and corrupt politicians looking to dry-clean ill-gotten funds.
The NPA added that the transaction did not follow normal procedure in the procurement of the kind of equipment it was alleged to have been meant for.

abolore80: Mine is honda, I don't know the price for toyota speed sensor. You can get it for 5k or less.

Ok thanks

abolore80: I've replaced the speedometer sensor with another. Just got back from testing. Its fine, the speedometer is now working and the D4 light that was previously blinking has stopped.
LESSON: if the speedometer sensor is bad, it could cause the D4 light to blink on the cluster. My rewire said its the gear switch but, its not the gear switch but the speedometer sensor.

Please how much did u get the speedometer sensor?

Thanks for your contributions.

Hello everyone,

Please the odometer of my camry 1999 stop counting and the speedometer also stop working. I just noticed the numbers are not changing. I traveled from lagos (129,456) to Ibadan but the counter did not changed at all.

Please what could the problem be? anyone have experienced this before? what can i do to fix this?

Thank you in advance.

I saw this online and i think i should share with everyone here. Please read on.......

In Nigeria, it is compulsory to have motor insurance before using or keeping a motor vehicle on public roads. However, since most Nigerians buy insurance just to get cleared from law enforcement agents on the roads, they choose to go for third party motor insurance which is a lot cheaper than comprehensive policy.

Consequently, because of the preconceived notions that third party policy is just to beat law enforcement agents, many don’t realize that a third party policy is actually legal and indemnifies the insured from third party losses. Unfortunately, a lot of accidented vehicles which ordinarily would have been repaired by the insurance company are borne by the car owners.

How third party works

For a third party motor policy, the first party is you; the second party is the insurance company while the third party is everyone else.

So third party motor insurance means that if you damage (crash into) someone else’s vehicle, the insurance pays the owner of that vehicle (the third party), or more importantly if you injure someone else with your vehicle, the insurance pays. Third party liability coverage is part of your basic motor policy and covers you for claims made against you by other drivers after a crash.

In other words, under third party insurance you cannot claim for the car you are driving regardless of whether it is a brand new tear rubber. You need a comprehensive cover for that. If you are driving someone else’s car, it won’t pay to have the car you are driving repaired. Only the car you hit.

If you are responsible for a crash, you might also be responsible for paying to repair another vehicle or covering its driver’s medical costs. Third party liability coverage protects you against these claims, covering the cost of damage and injuries sustained in a crash in which you were at fault.

It is worthy of note that the money to pay for damages comes from the premiums. Invariable, if premium has not been paid for a third party motor insurance, there won’t be any compensation whatsoever, in case of accident.

If you go for a third auto party insurance from a registered insurance company, you will be able to save yourself of the cost associated with causing damage to others. Assuming your car injured a pedestrian, the insurance company will pick up the medical bills and thus save you from being torn apart by the relatives of the injured.

However, note that the claim you can make on an auto insurance policy is limited. So, find out the limit to the loss the insurance policy covers before subscribing. For example, an auto insurance policy may only cover loss up to a certain amount say N1,000,000. This means that if the vehicle you damaged is worth more than that, the insurance company will only provide N1,000,000.

More importantly, as soon as the insurer thinks you are not acting ‘in good faith’ in other words they think you are trying to rip them off, they will refuse to pay that claim, cancel your insurance, report you to the police for fraud and put you on a blacklist. To get a third party auto insurance policy contact a registered insurance company or use the services of an insurance broker.

Having good insurance

If you think you can fight off against an unexpected disaster by yourself then that is great; otherwise, insurance is your best shot. Insurance means you do not have to be on the streets, if somehow the main family bread earner passes away, or the roof over your head is snatched or your life savings are stolen. In all these cases, a good insurance is your road to quick recovery.

According to Mr. Yemi Soladoye, an insurance expert, the greatest asset insurance bestows is the absolute peace in case of most traumatic moments of ones life. “A dying man, who is insured for life, would breath his/her last in complete peace, knowing he/she can pass away without fretting over the financial state of his/her family.

In automobile accident, you do not lay down in a panic attack, if the vehicle is properly insured. Hence it would be justifiable to claim that insurance brings an extra strength to face the worst upsets of life”, Soladoye said.

nawah oooo

senator2k9: That's not true at all. A registered car is a registered car. If u remove the plate number then dat vehicle wil have a multiple registration with same VIN number which is a criminal offence. That is why CHANGE OF OWNERSHIP is stil done in licence offices. Again, if u buy a new car n decide to use this plate number u remove frm ur old vehicle on it, its also an offence because the plate number has been registered with the other and its vin number, though pple @licence office might want to manipulate it for u....bt one day u might be unlucky on d way and might me caught. So pls JUST ACT RIGHT !!! Thanks

Well, today i decided to visit one FRSC office to make more clarification on this issue, to my surprise i was told i need to remove the plate number that was registered with my name before selling it. The FRSC guy told me is the new policy now. He said if i have a new car that as not be register before, i should go to any FRSC office with the plate number and particulars of the new car will be updated on the plate number because the plate number is unique to me and its non transferable.

Please we need more people to contribute on this.

The authorities of Obafemi Awolowo University, Ile-Ife have said one of its female student is suspected to be a secondary contact of Ebola.

This was contained in a statement by the Public Relations of the university, Mr. Biodun Olarewaju late on Tuesday.

He explained that the suspected student has been evacuated to Lagos for proper attention.

It said, “A female student of the OAU, Ile-Ife who is suspected to be a secondary contact of the Ebola Virus Disease in Port-Harcourt, presented sick at the University Health Centre.

“After a clinical assessment by the Ebola Surveillance Preparedness and Response Committee of the University, the authorities thereafter contacted the State Ministry of Health, the Federal Ministry of Health and the World Health Organisation(WHO).

“The female suspected secondary Ebola contact has since been evacuated to the appropriate facility in Lagos for further investigations to confirm her status.”

While emphasising that the student illness was not a confirmed Ebola case, Olarewaju said appropriate preventive and protective measures have been taken.

He added, “In the meantime, the National team and the World Health Organisation team on Ebola Control have promptly decontaminated the University Health Centre despite the fact that the case is yet to be confirmed.

“The University authorities wish to emphasise the fact that the case is not a confirmed case of Ebola Virus Disease and therefore request all members of the University Community to remain calm as the situation is fully under control.”

Dear all,

I told a friend about a car I intend selling anytime from now. During our discussion he told me I need to remove my plate number before selling the car. He told me the plate number was registered with my name and it's unique to me.

Please I need more clarification on this issue. If you know any FRSC that can enlighten us more on this issue should please do.

Thanks

holycup: 500k...I pay immidiately

Ohhh thanks, car was sold this morning

Very clean car........

Still available for lucky buyer

Going.........

Going...........

Still available........