₦airaland Forum

^^^

It is called jury of your peers. ediot!

A jury of your peers means anyone in your peer group. Meaning, if you were a road side mechanic your jury would be filled with fellow roadside mechanics. If you were a peasant, your jury would be full of peasants.


Who best to serve on the jury?


Do you really expect White people to be impartial? What an ediot?

^^^

Get a wipe and save the rest of us from your nasty odor. And yes, shower often, at least thrice a day.

Eko Ile:
Is this really news?

It's really funny reading how the senate president whose desk approves everything and anything from manpower to contracts and financing within and outside the power sector apparatus passing the buck when he himself is part of the catastrophic failure.

Thats not the job of the Senate President. Educate yourself Thifnubu arse licker

Kobojunkie:
I asked this question a while back, but got no response. Does anyone on here work in the power sector? Is there a way to verify the claims that power generation has improved? We have heard numerous stories of improvements, even during the months Yar adua was comatose. It would be great if we would at least learn to verify what we hear.

If a whole 3rd-in-line can call these improvement story a ruse, then it makes sense for everyone out there to demand proof of this assumed increase.

You can always go down to Nigeria yourself, you know?

Or call your relatives in Nigeria or better still apply for work in PHCN to find things out and report back to us.

Why must someone else always do stuff for you, why cant you be the person reporting back to the rest of us.

Kobo, dont be lazy, get off your fart arzs and be the change you want to see in Nigeria. Be proactive!

juman:
Brother "Akata" , generator is that "thing" our "leaders" forced on us to provide us electricity instead of electricity from Up NEPA

maxtum:
@ arsenefc, Generator, is, emmm, that thing that makes noise to produce light!

can also be defined as , something that pollutes the air for light and light is that thing that you use to watch tv and on fan! chikena!!

Thank you guys. Thank you so so much for taking the time to explain basic stuff to this ignorant Americana.

My other question is: Can you use the light from this "generator" to have s3x with your GF/Wife/Concubine?

Please guys leave Blazay alone

Mind your phocking Yoruba-Mgbeke business

Bunch of ugly mo'oafuckers


Blazay, Which VJJ in your profile pix are you advertising? The one closer or the one farther away? I wonder which is more enticing?

Kobojunkie:
We will? Funny, from where I sit, we have already been pushed THROUGH the wall and we are already on the other side, and right into the second, even thicker, wall and still no reaction.

What does that even mean?

^^^^

Thats so razzz and just very unbecoming of a governor.

Very unfortunate!

2012 Budget: Finally, FG removes fuel subsidy, proposes N4.8tr
From ADETUTU FOLASADE-KOYI, Abuja

Wednesday, October 5, 2011
• To freeze overheads

[img]http://odili.net/news/source/2011/oct/5/sun/Femi20-5[1].jpg
[/img]
L-R: Governor Murtala Nyako of Adamawa State, Mr. Femi Otedola, Chairman, Forte Oil, Mr. Aigboje Aig-Imoukhuede, Managing Director, Access Bank and former Managing Director of Zenith Bank, Mr. Jim Ovia, during a meeting of the Presidential Economic Team, in Abuja, yesterday

• To focus on power, agriculture, education, others

The Presidency has indicated plans to remove the controversial fuel subsidy as from 2012 fiscal year. The Federal Government claimed it was subsidising petroleum products by over N600 billion yearly.

If removed, critics of the fuel subsidy removal argued that the pump price of fuel may rise from its current N65 to between N120 and N150 per litre.

The removal may likely feature in the N4.8 trillion budget estimate President Goodluck Jonathan may present to a joint sitting of the National Assembly in November.

Although no date has yet been set for the budget presentation, the Federal Government is planning a freeze on allocations/overheads as from 2015.

Government is projecting total savings of N1.2 trillion, part of which would be deployed to providing “safety nets for the poor” in the society as well as provision of infrastructure through the Sovereign Wealth Fund (SWF) .

These proposals are contained in the 2012-2015 Medium Term Fiscal Framework (Medium-term revenue framework and medium-term expenditure framework) and Fiscal Strategy paper submitted by the President to the National Assembly, a copy of which was obtained by Daily Sun on Tuesday.

The MTEF was prepared by the Budget Office in the Federal Ministry of Finance.

In a September 22 covering letter to Senate President David Mark, President Jonathan noted that the submission of the 2012-2015 medium-term fiscal framework and 2012 fiscal strategy paper are “statutory requirements for submission to the National Assembly under the Fiscal Responsibility Act, 2007.”

The President equally noted that the MTEF was prepared against the backdrop of global economic uncertainties.

Details contained in the MTEF show that a baseline benchmark oil price of $75 would be used for the 2012-2015 budgets with average exchange rate pegged at N153 to a dollar.

Exchange rate for the 2011 budget was N150.

This would be the benchmark that would be used for annual budgets up till 2015 fiscal year while oil production of 2.480 million bpd, 2.500mbpd, 2.575mbpd and 2.600mbpd will be adopted for the 2012-2015 fiscal years.

The MTEF reads further: “Government will continue its strategy of fiscal consolidation by which expenditure, particularly on recurrent spending will be reined in and directed to its most productive and growth-enhancing use while efforts will be intensified to increase revenue.

“Although aggregate expenditure is expected to increase from N4.8 trillion in 2012 to N5.18 trillion in 2015, concerted efforts are being made to make savings from overheads as allocations will be frozen in 2015.

“Capital spending will increase marginally from N1.3 trillion in 2012 to N1.6 trillion in 2015 as government intends to leverage on PPP-type arrangements to supplement capital allocations from the budget.

“A major component of the policy of fiscal consolidation is government’s intent to phase out the fuel subsidy beginning from the 2012 fiscal year. This will free up about N1.2 trillion in savings, part of which can be deployed into providing safety nets for poor segments of the society to ameliorate the effects of the subsidy removal.

“The accrual to the SWF as a result of the withdrawal of the fuel subsidy will also augment funds for critical infrastructure through the infrastructure window of the SWF.”

In an overview of the performance of the 2011 budget, the MTEF noted that “NASS passed a budget of N4.972 trillion in March 2011, which was deemed too large and the resultant deficit of 4.23 percent of GDP…”

Also, the report noted that although implementation of the 2011 budget is still on-going, “reports from the OAGF indicate that the FGN revenue fell below target by N231 billion as of August 2011, mainly due to shortfalls in non-oil revenue as oil revenue receipts were on target.”

Over the 2012-2015 period, government will focus a large portion of its spending on key sectors which include security, infrastructure (including power), agriculture, manufacturing, housing and construction, entertainment, education, health and ICT.

The MTEF and FSP are statutory documents which articulate government’s revenue and spending plan as well as its fiscal policy objectives over the period.

The MTEF and FSP is comprised of the macroeconomic framework which gives an analysis of key macroeconomic trends of recent years and provides insight on future policy direction.

The FSP outlines fiscal strategy, analyses expenditure and revenue figures for the years under review, details the assumptions underlying these projections, reviews the previous budget and gives an overview of consolidated debt and possible fiscal risks.

^^^

Next time wipe your arse before going to the club.

Oloo'run atole boda ode!

^^^

He wasnt defending Fashola.

He is on our side.

What is a generator?

I live in America, so pardon my ignorance

Beaf:
If a mere walkway cost 2.5billion and the bridge itself cost less than a billion, no be problem be dat?

Not if you are an ACN apologist.

PointB:
So if one governor 'misappropriates'  N944 million, Fashola and Tinubu and Eko-Ile and Gbawe should combine to embezzle N2.5? Wonderful.
Is this sh.it from your arse of from your brain?

In any case we are discussing fashola's N2.5 billion naira bridge to no where.

This bridge should be probed!

Fixed!

Eko Ile:
1. This is a private deal and private entities are not only accountable to only [size=18pt]their chair holders and[/size] not the state, but also, what's that got to do with this bridge belonging to the people of Lagos state at the end of the concession?

@Eko-Ile darling, how can i become a CHAIR HOLDER in LCC. And what kind of chair do they hold there?

Eko Ile:
Sounds like you are very sure and convinced that it cost too much.

1. This is a private deal and private entities are not only accountable to[size=18pt] only their chair holders and not the state[/size], but also, what's that got to do with this bridge belonging to the people of Lagos state at the end of the concession?

2. Since you are so sure that this bridge cost too much, do you have anything to show us in terns of figures and comparison with similar projects that you used?


It's perfectly OK to raise objections, but why not try to educate us with your objections with facts, figures and rational arguments?

We are all here to learn, but what's there to learn if all we have is empty and baseless criticism not rooted in any knowledge?

It is not a solely Private venture.  What happens to the first "P" in PPP?


@Eko-Ile, I understand English is not your first language. And i also undertsand that private companies are accountable to people that HOLD THEIR CHAIRS. But what about their SHARE HOLDERS?

It beats me why people like to compare Nigeria with the US. Instead of just shutting their fuccking mouth, they go ahead and make ridiculous comparisons with what is obtainable in the US, where they live.


So a ramp of N 120 M was constructed for N 2.5 Billion

Fashola is working, Lagosians are suffering, Eko-ile is licking, Ekt_Bear is rabble-rousing, Fstranger is questioning, Debosky is debunking, Alj-Harem is laughing, the rest are just watching


SMH

2mch:
bridges are not cheap, especially quality bridges. Plus these contractors have to pay staff and make a profit. I dont think it is outrageous if it is a soundly built bridge. Construction workers are not cheap at all.

which workers are not cheap?

the ones that get paid per hour in the US/UK or the ones that make 5 dollars per 12-hour day in Nigeria?


How ever you look at it, the price is over-over-inflated. No be the same Falomo bridge? common.    .    .

Beaf:
This bridge looks quite funny for 2.5billion.

https://vml1.s3.amazonaws.com/wp-content/uploads/2011/10/Falomo-bridge.jpg

The money is just for the over head ramp. Falomo bridge has been there tey tey.

Anyway, the cost is exorbitant fo sho

N 1 Billion per 100 meters?

Egbele ooooooo

Fashola is "thieving," Lagosians are suffering

Sun of god:
LOL,

See how OBJ has his eye on IBB 24/7 -  

Watching him like a hawk -  

And rightfully, GEJ is the centre of attention,

Hows GEJ the center of attention

There are two people in the center and rightfully, OBJ, a Yoruba man, is the center of attention

GEJ is the only one not wearing Agbada; You can take a NDeltan out of the creek, but you cant take the Fish-like behavior/dressing out of a NDeltan

^^^

DOnt worry Beaf, the money will be well spent. Gbawe's uncle, I was told, was consulted before arriving at that figure. He will make sure that appropriate amounts are deposited in as many Swiss accounts as necessary.


Gbawe's uncle gets the job done.


PS: @Gbawe, no con here dey quote Argumentum Ad Hominem or else I will get Aregbe to replace your uncle with someone else, most likely someone from Delta State.

hercules07:
Ighodalo and Sanusi both attended the same secondary school, they have been friends for a while.

They both went to KC?

That Ighodalo guy seems to be taking all the VIPs away from RCCG? he is following in TB's footstep?


Very interesting times, I tell ya.

^^^

The grasses in Osun are really tough though, I can see why he needs N 50 billion for 'em

Beaf, you have to come down to see for yourself.

Eko Ile:
I keep telling you idio.ts, don't dish what you can not take and if you like, join him and watch me [size=18pt]pay you back with the same coin.[/size]

Freeking lawless criminal elements.

Why dont you just learn the phuckinh language right.

Paying someone back in whatever form is an English idiom: You  "pay back in the same coin," not "with the same coin."

Do you speak your English with a Yoruba accent and thought process or you, my friend, are just retardedd?

Nothing is coming out of this


Fashola is 'thieving,' students are suffering

Jeff Bezos did it, you too can do it

Go girl. Do me proud!

Sagamite probably got his degree from that school, no wonder he is so demented and retardeddd and mor/onic

AUN has the potential to become the best in the country, I think!

ekt_bear:
Someone should wipe him out. Turn him into a red smear on the cement.

This life is funny. Most times, rightly so, whatever we wish unto others end up happening to us, our close ones and relatives.