₦airaland Forum

Obiagelli:
1985 $26.92 $58.54
1986 $14.44 $30.80
1987 $17.75 $36.54
1988 $14.87 $29.45
1989 $18.33 $34.58
1990 $23.19 $41.40
1991 $20.20 $34.70
1992 $19.25 $32.09
1993 $16.75 $27.13
1994 $15.66 $24.71
1995 $16.75 $25.72
1996 $20.46 $30.50
1997 $18.64 $27.17
1998 $11.91 $17.10
1999 $16.56 $23.20
2000 $27.39 $37.19
2001 $23.00 $30.40
2002 $22.81 $29.64
2003 $27.69 $35.22
2004 $37.66 $46.60
2005 $50.04 $59.88
2006 $58.30 $67.63
2007 $64.20 $72.30
2008 $91.48 $99.06
2009 $53.48 $58.20
2010 $71.21 $76.38
2011 $87.04 $90.52
2012 $86.46 $88.11
2013 $91.17 $91.54

So, what did you learn?

Obiagelli:
And yours made sense? Was anyone retired in 1984?

Retired by whom? why are you jumping around the simple fact your lord bUhari stacked the SMC with his own people.

Obiagelli:
This guy is funny sha, why didn't you post oil prices?

Oil prices is why all sectors of the Nigerian economy died for 16 years, till Obj returned in 1999? Please post the oil prices, you might just learn something today.

Obiagelli:
Is gej using Abacha appointed GOCs?

Your question makes no sense.

When Buhari came to power in 1983 Dec, Nigeria's GDP was $83B, after he was kicked out, like the military orphan that he was, Nigeria's GDP was $43 in 1985/86. See how much damage, the trade by barter economist caused.

Obiagelli:
Do you realise GOCs, FOCs, AOCs and someones IG forms the SMC?

You guys are very funny. Do you know how heated the SMC meetings are?
GOC = army

FOC = Flag Officer Commanding (navy)

AOC = Air Officer Commanding (Air force)

Did Shagari appoint the GOCs, FOCs, AOC and the IG. Start by telling us who appointed these people?

I hope nobody is thinking of dropping Sambo from the PDP ticket. Goodluck is leading the ticket not him.

Curlieweed:
There is something distasteful and disgustingly unfair about allowing a criminal who stole power brought a cowardly coup (armed robbery, really) to continue to profit from his crimes in the name of pensions for ex-head of states. This is truly unconscionable.

Give it another ten years. The NASS will make their heirs pay it back and their names will be expunged from the records. It takes a while, before a free people deal with their tormentors. Just look at Turkey, Chile and South Korea

Their noise is even less now, than it was in 2011. Allow the Buhari almajiris make their noise, come Feb 16th, 2015, they will be crying and shouting rigging. As long none of them is anywhere close to me.. Na slap, I do take wake them from their stup1id dream.

Has there been a Nigerian President, that was defeated at the polls? Maybe the gov is recalling his defeat in 2003. How ANPP swept him aside, like a maggot.

Nigeria's GDP was $83B in 1983, with all the so called civilian corruption. Two years after Buhari and his mad men took over, Nigeria's GDP dropped to $43B. In 1999 it was $36B, so, the saints from the Nigerian army starting frfom Osama bin Buhari, took our economy from a $83B in 1983 under NPN to $36B in 1999. After 15 years of PDP corruption rule, we are now $522B. I will remain with the PDP corruption rule.

Nigerians will not kill me with rubbish. So, he kept the SUV convoys that carry him around town, but rejected 90% of his retirement funds? Desperation to present a facade, only a mugu borrows N27.5M to buy a political nomination form. According to Femi, he will be asking the world bank to lend him the One billion plus, you need to run a nationwide presidential campaign.

What opportunity did we miss? Are you talking about the growth of democracy that eluded us or the interference from power hungry army officers. Who turned out to be 1000000% worse than the civilians they sent packing.

Can the OP, do the same for SMC, the real organ with power. Please list the 17 members and detail their states and religion.

The Buhari boys are crying already, wait till the Nov. You people will hide cos of shame.

By Femi Aribisala

In Nigeria, nobody gets elected as president on the platform that he is going to be an anti-corruption crusader when he gets into office.
One thing is for sure: Muhammadu Buhari would like to be the next president of the Federal Republic of Nigeria. He has tried three times and has failed every time. Finally realizing it is a lost cause, he said he would not try again.
But now he is persuaded to try again. His supporters are impressed that he won 12 million votes against Goodluck Jonathan in 2011. However, they need to be reminded that he lost to Jonathan by over 10 million votes.

Since the third time did not turn out to be a charm for Buhari, what are we to call his fourth attempt? Listening to the declaration of his new-fangled presidential bid in Eagles’ Square, Abuja a few days ago, it is seems this fourth time is going to be one big charade.
The sign was provided by none other than Buhari himself. Since his one credential is that he is a man of integrity who, as president, is expected to wrestle corruption down to the ground, Buhari decided to burnish his anti-corruption image by revealing that he obtained his 27.5 million naira APC nomination form with a bank loan. However, what this declaration did was to tell Nigerians that Buhari is a pretentious anti-corruption crusader. His Mr. Clean posture is nothing but a public relations gimmick.

Question marks

In fairness, some of us have known this all along. Under Buhari’s watch as Petroleum Minister in the late 1970s, $2.8 billion (worth billions of naira today) was missing from the NNPC account. The matter was subject to Senate investigation under the chairmanship of Olusola Saraki in 1983. But before the report could be dealt with, Buhari conveniently overthrew the Shagari government in a military coup d’état.
Vera Ifudu, an NTA newscaster, revealed that Saraki told her in an interview that the missing money was traced to Buhari’s account at Midland Bank in London. For this disclosure, Vera was summarily sacked by the NTA. However, she appealed against her dismissal in court and won. She even received a handsome financial compensation for wrongful dismissal from the NTA.
Instead of clearing his name as a man of integrity, Buhari refused to appear before the Oputa Panel set up to look into the matter (among under things) by the Obasanjo administration.

Buhari claims to be an anti-corruption crusader, nevertheless, he agreed to serve under Sani Abacha, one of the most corrupt Heads-of-State ever in the history of Nigeria. While there has been no proven allegation that Buhari corruptly enriched himself as Chairman of the Petroleum Trust Fund under Abacha, it is abundantly clear that this fabled anti-corruption crusader failed to curb the rampant corruption that prevailed in the organization. Group Captain Usman Jibrin, a board member of PTF, resigned from the organization in protest over Buhari’s irregular appointments of consultants.
In 2000, the Obasanjo administration set up an Interim Management Committee to look into the affairs of the PTF, under the chairmanship of Haroun Adamu. The Committee discovered that billions of naira was stolen under Buhari’s chairmanship.

Political platform

Now the same Buhari who would not or could not curb corruption in the PTF wants us to believe he will fight corruption as president of Nigeria. However, he has chosen the APC as the political platform on which to undertake this. But the APC is an unscrupulous political party that is choc-full of corrupt politicians. It is the party of Murtala Nyako who was impeached as governor of Adamawa State for converting state money to personal use. It is the party where Buhari himself and others went cap-in-hand to Otta to beg Obasanjo to be their “navigator.”
Surely Buhari knows that he cannot fight corruption by being the presidential candidate of the APC. Whatever anti-corruption crusading Buhari had in him in the past must have ended when he decided to join the APC. Should he become president, does he intend to probe his corrupt party-members? Has he made them understand he would be coming after them once elected? If he has, does he really expect them to help him get elected so he can retrieve their stolen loot and send them off to jail?

A 72 year-old man with Buhari’s experience, who was overthrown in a preemptive coup by members of his own government, knows that in Nigeria, nobody gets elected as president on the platform that he is going to be an anti-corruption crusader when he gets into office. That is a sure signal for all the politicians in all the parties to gang up against him and make sure he never makes it.
If you really want to be anti-corruption, you have to keep your mouth shut about your plans until you get elected and then catch your corrupt colleagues by surprise. You must also have resolved not to seek re-election for a second-term. It is not only the populace, but the politicians in particular, who insist on “stomach infrastructure.” But if you are talking anti-corruption while still seeking the nomination of your party, it must be because it is well known to your corrupt colleagues that your anti-corruption stance is merely for public consumption.

Cleaning up APC

It is not surprising, therefore, that despite all the noise about anti-corruption coming from Buhari and his cohorts; he has failed to fight against corruption in the APC. We did not hear him raise a voice against the incongruity of a so-called progressive party demanding a cynical nomination fee of 27.5 million naira for its presidential primaries. One would have expected a truly anti-corruption crusader to make the point that the nomination fee is unacceptable. Instead, Buhari readily acquiesced to the requirement in order to safeguard his all-important presidential ambitions.
Since Buhari cannot, or does not, fight against this corrupting nomination fee in the APC, and insist on its reduction to something far more reasonable, how can he expect us to believe that as president in a political system with the separation of powers; against a legislature likely to be controlled by the PDP; he would be able to fight corruption? Somebody is fooling somebody here. Or else, somebody is living in a cloud cuckoo land.

Charity, they say, begins at home. If Buhari is truly anti-corruption, he should begin his crusade in the APC. Is it progressive for a political party in Nigeria to ask its candidates to come up with 27.5 million just for the nomination papers for an election where only one person will emerge as the winner? Is it not corrupt politicians that are likely to have this type of easy-come easy-go money? Is this not an open invitation for the winner, if he actually manages to secure election to the presidency, to recoup this extortionate fee from public funds?
Anti-corruption bank loan

What did anti-corruption Buhari do about this outrageous APC requirement? This is where the whole matter becomes ridiculously implausible. According to Buhari, rather than fight against the measure, he took out a ban loan to pay for it.
Buhari told us about his “loan” out of embarrassment; in a pathetic bid to validate his anti-corruption credentials. But this so-called loan indicates that Buhari does not understand what it means to be anti-corruption. For Buhari, anti-corruption is a posture; it is a swagger; it is a badge; but it has no bite and, in the usual Nigerian fashion, it will be prosecuted with hypocrisy.
Buhari wants us to believe that he cannot afford 27.5 million naira. Nevertheless, he rides around in a bullet-proof Jeep and maintains a convoy of Land Cruisers. He cannot afford 27.5 million naira. Nevertheless, he declared his candidacy lavishly in Eagle Square, Abuja. Did he also take out a bank loan for that? Four months to a make-or-break election, Buhari would have us believe he has no money. How does he propose to finance his presidential campaign? Is he going to take 1 billion naira loan from the World Bank for this?

Dubious loan

Why would a bank lend Buhari that amount for a presidential pie-in-the-sky that failed to materialize three times in the past? Is that not likely to be a bad loan? How long did it take for the loan to be processed? What did he put down as anti-corruption collateral? How does he propose to pay the money back? Mr. Integrity needs to spell all this out for the sake of his fast-disintegrating anti-corruption credentials.
I did not know loans are so easy to secure in Nigerian banks today. Perhaps Buhari could introduce me to his bank manager. I would also not mind taking this kind of soft loan. I am sure I can always come up with some unproductive excuse or the other for it. Is such a loan even legal today under Nigeria’s stricter banking laws?
How many honest Nigerians can afford to give a non-refundable 27.5 million naira to a political party, on the off-chance that they will be able to secure the party’s presidential ticket? If they win the nomination and even get elected president, how would they pay back the money?
Not presidential material

It is clear that Buhari is not only lacking the money to pay for APC nomination papers, he does not have the funds to pay for advisers, to counsel him about what to tell the public and how to prosecute an effective presidential campaign. His advisers might have educated him that there is something called “fund-raising.” Surely, the most popular politician in the North-West can find some of his ardent supporters to give him 27 million naira. Certainly, a former governor of the Central Bank can easily cough up the money.
Buhari wants to fight an election that will take place in four months time. From what he tells us, he does not have 27 million to prosecute that election now. If this is true, he is not the right man to be president of Nigeria. For a man who is running for election for the fourth time, that is the height of cluelessness. It shows Buhari is lousy at marshalling resources. Otherwise, he is fooling nobody but himself..

- See more at: http://www.vanguardngr.com/2014/10/muhammadu-buhari-running-president-anti-corruption-bank-loan/

Privatising downstream petroleum sub-sector, unlocking natural gas potential, agribusiness and other businesses have been identified as ways forward to attract foreign direct investment (FDI) into the country, according to Dick Kramer, chairman, Capital Alliance.

Achieving this will rightfully place Nigeria in the global top 12 to 15 ranking, Kramer said.

“Our number 1 GDP position in Africa shows we can aspire to be in the top 15 global economies. We have all the vital ingredients, land, water, natural resources, location and, most importantly, people”, he said, while presenting a paper on ‘Making Nigeria a Major Destination for FDI’ at the 2014 Chartered Institute of Bankers of Nigeria (CIBN) investiture in Lagos.

He said the major way to attract FDI is to close all the gaps and earn the right to be in the top 15. Consequently, government needs to get out of business and incentivize the private sector by implementing rules of the game that attract both FDI and local players, he said.

The quantity and quality of FDI will be largely determined by the way Nigeria plans and implements for the long term, he said, adding that specific rules of the game which it follows in practice can attract all the FDI it needs.

Kramer believes that privatisation like the one carried out in the power sector and deregulation of the telecoms sector would be highly attractive to the private sector generally and will attract FDIs specifically. Both FDI and Nigerian private capital would become available and the drain on public finances would stop, he noted.

He was concerned that oil prices are in decline and there is no larger drain on finances than petrol subsidy, including kerosene, saying the benefits of subsidies to the overall economy are minimal.

Furthermore, he said if natural gas was privatised and prices made attractive to private investment, there would be a double benefit, such that power sector privatisation would be enhanced significantly and both local gas based production and exports (including diesel fuel) would be stimulated significantly


http://businessdayonline.com/2014/10/privatising-downstream-petroleum-sub-sector-unlocking-potentials-to-attract-fdi-kramer

Sunnybobo3:
The Abacha regime created a parallel government through the Petroleum Trust Fund (PTF) headed by Major General Muhammed Buhari. Nothing else typifies the marginalisation of the Yoruba than the lopsidedness of the projects carried out by the PTF. Figures from PTF Situation Reports (Vol. 2 Dec. 98) show that the PTF carried on as if there was no South West.

Of all the roads rehabilitated by he PTF, only 1984.5 kilometres of roads representing 10.84 per cent were carried out in the South West; from where the bulk of the PTF revenue came since the zone consumes over 60 per cent of refined petroleum products. All the Southern States had 4,440.43 kms or 24 per cent of road rehabilitation as against 13,870.47 kms or 76 per cent in the Northern States zone three comprising the North-West States of Jigawa, Kaduna, Kano, Katsina, Kebbi, Sokoto and Zamfara had a lion share of 5020 kms or 27.42 per cent because the Fund’s Chairman, Buhari and the military dictator Sani Abacha were from there; zone four comprising the North-East States of Adamawa, Bauchi, Borno, Gombe, Taraba and Yobe picked 23.48 per cent. This is the zone where Salihijo Ahmed, the late Chief Executive of Afri-Project Consortium APC, the sole consultants that supervised all PTF projects came from.

Figures in other sectors were more scandalous. For instance, under the National Health and Educational Rehabilitation Programme (NHERP), the South West had zero allocation in the tertiary programme, while the North picked 100 per cent. In the vocational programme, the South West had zero while the North had 97 per cent. In the primary area, the South-West had zero against 88 per cent for the North and in the secondary area, it was zero for the South-West and 86 per cent for the North.

The health sector is similar. For the Teaching Hospitals, the South-West had zero while the North had 62 per cent. For the Specialist Hospitals, it was zero for the South-West and 71 per cent for the North; in General/State Hospitals the Yoruba had nothing while the North had 56 per cent for health clinics, it was zero for the South-West against the North’s 100 per cent.

Under the food supply summary, the Southwest had 7.26 per cent compared with 83 per cent for the North, Buhari’s zone having 60.54 per cent to itself.


http://www.nigerianmuse.com/20061228122222zg/nigeria-watch/all-about-the-oputa-panel-hrvic/nigeria-has-persecuted-the-yoruba-submission-of-afenifere-to-the-human-rights-violations/

OP, be rest assured, that Buhari record in Nigeria since 1966 will get a public airing like NEVER before. After this election, Buhari will never leave Kastina state till he passes on, because nobody, will want to be seen with him..... Allow the NL noise makers, make their noise. When the election campaign starts, Nigerians will ask the real Buhari to please stand up.

Mogidi:
@barcanista
Permit me to post results from last Saturdays election in Buruku. Just thought I should post this here since non of you wanted to come to the thread that actually mattered.

Results of the just concluded election in Buruku. 25/102014
PDP 25,988
Labour Party 3,602
APC 395.

Elections are won in the real world not the internet.
Enjoy!!

Before Buruku, It was Niger east senatorial seat. We remembered APC wining on NL, only to lose in real life. . They will learn after 2015.

An African leader, finally spoke the truth. Curse me all you want today on this forum, Zuma is correct for once. You can easily substitute South Africa for 99% of the countries in this continent. Laziness is a central reason for the poverty here.

[s]Rebranding Jonathan’s Presidency – By Erasmus Ikhide

PRESIDENT Goodluck Jonathan – most recently – has been laureled by an emotive media enthusiast. Prof Femi Aribisala has garbed him with borrowed robes as the long awaited Messiah. Characters like Aribisala and other social predators-in-chief are unwilling to let Nigerians into the stinking vouch of president Jonathan arc. But there is a snag: however had they tried and still trying – to stamp the image of a performing president on the nation’s consciousness – the stench of stinging corruption; brazen impunity, jaded avarice and hopeless incompetence refused to dissipate.

The media as the vector of society exercise majestic dominance over virtually all other claimants to Power – over the institutions, people, politicians, Judiciary, Legislature, and the Executive. This is why Nigerians must task those who serve at the Fourth Estate of the Realm with an ethical rigour, a measure that is paralleled perhaps only by what society expects of medical doctors who minister to a people’s physical and mental health, or religious ministers who are preoccupied with the requirements of the spirit. To act otherwise is to impugned the integrity of the media, ever hopeful of a change in the political order. That is, hopeful of the saner society, of principled political bargain and the ordination of a viable future. The collapse of that future becomes agonizingly real where falsehood supplants reality. It therefore renders flaccid the essence of the media as the mirror of society and conveyance absolute truth.

This is one of the reasons Mr President has refused to chase down some of the dreams of the founding fathers. Perhaps, he knows no dreams of our founding fathers, and lacks one for the nation. The president as a scofflaw in a shambolic blitheness has moved on as though no promises or contractual obligations were entered with the people as a binding rule to govern them. His campaign promise to Nigerians that he would provide 16,000 megawatts of electricity within two years in office in 2010 has not been fulfilled to date. He was so sure to the extent that he went as far as saying if he didn’t achieve this in his first term, he doesn’t see any reason why he should be seeking another term in office and there was no need for him to continue beyond 2015.

At the moment, not even a single wattage has been generated by his administration. In fact, power generation has dropped drastically from 4000 megawatt he inherited. Mr Jonathan made another notable promise to the people of South-east, saying, ‘íf I don’t deliver the second Niger bridge at the end of my tenure, I will leave this country and go and live elsewhere because the failure cannot be defended’.

The president told a bewildered world on January 24, 2013 in an interview anchored by CNN’s Christine Amanpour in Davos, Switzerland where he attended the World Economic Summit that power generation and supply has never reached its peek since Nigeria becomes a nation than under his administration. He drummed his bosom that Nigerians are impressed with the current level of improvement in power, and that if there was one area “ordinary Nigerians” applauded his administration for, it was power.

In a feat of ululation, Mr President told CNN correspondent in far way Davos that the nation’s power generation has improved tremendously when the megawatts is hovering between 3,000 and 4,000 megawatts! Even at that, can we call less than 5,000 megawatts of power generation an improvement in a county of nearly 200 million people while a less populated country like South Africa with a population of 40 million people are generating over 40,000 megawatts?

Nigerians would have been a little hysteric if the president only problem has been sluggishness or dullness. Day after day, president Jonathan reveals that he has firmly entangled himself in the inexplicable social web of graft and ultimately sustains his Administration on the cancerous vice of corruption. His branded 2015 presidential re-election has led the smiling president into many uncanny cesspits of sleaze. Because of his possible retention of Aso Rock, he pardoned the son of a notorious torturer and butcher, the late Sanni Abacha’s son; therefore making a mockery of his anti-corruption campaigns. A whopping sum of N446.3 billion stolen Nigerian money is resting pretty well in Mohammed Sanni Abacaha’s account. To make matter worse, the late diminutive demented dictator’s son is the greatest financier of the Peoples Democratic Party, PDP in Kano, and a possible governorship candidate in next year’s election!

What can we make of the presidential pardon granted his former boss, Dieprieye Alamieyeseigha who was sentenced in 2007 for corruption-related charges? Boni Haruna is a minister in president Jonathan’s Administration and was among the 15 Governors who were facing corruption charges before Mr Jonathan mounted the saddle. Also, for political expedience, the president has dropped $6 billion corruption charges against former works minister, Hassan Lawal for political reasons.

Two years ago, The Punch newspaper came up with a report that about five trillion naira government funds have been stolen, according to the Mallam Nuhu Ribadu-led Petroleum Task Force report; the Minister of Trade and Investment’s report on stolen crude; the House of Representatives fuel subsidy report and investigations into the ecological fund, SIM card registration and frequency band spectrum sale. The Ribadu report on the oil and gas sector put daily crude oil theft at a high 250,000 barrels daily at a cost of $6.3bn (N1.2trn) a year. This puts the total amount lost through oil theft in the two years of Jonathan’s government at over $12.6bn (N2trn). Oil theft is common in the Nigerian oil and gas sector. In June, a special naval team impounded a French ship, MT Vannessa, at Brass Loading Terminal, Bayelsa State, for allegedly stealing 500,000 barrels of crude oil per day from the country.

It was subsequently reported that the suspects, in their confessional statements, indicted some political office holders, many fuel marketers and some officials of the Nigerian National Petroleum Corporation and Department of Petroleum Resources. In October, Minister of Trade and Investment, Dr. Olusegun Aganga, in a letter to the President, said 24 million barrels of oil worth $1.6bn (N252bn) was stolen between July and September. According to Aganga, his signature was forged on the Export Clearance Permit that was used to export the crude oil from Nigeria. Confirming that oil theft was depleting Nigeria’s resources, the Minister of Finance, Dr. Ngozi Okonjo-Iweala, in May, said the government lost a fifth of its oil revenues to theft in April.

Apart from income lost through oil theft, the Ribadu report also said ministers of Petroleum Resources between 2008 and 2011 handed out seven discretionary oil licenses and that government lost $183m (N29bn) in signature bonuses via these deals. The Ribadu panel discovered that three of the oil licenses were awarded under the current petroleum minister, Mrs. Diezani Alison-Madueke, who took up her position in 2010. Alison-Madueke, however, denied knowledge of the discretionary awards.

Shortly before the Ribadu report, the House of Representatives had raised the alarm that the N2.6trn the Federal Government paid for oil subsidy in 2011 could not be properly accounted for. The House said, “Fuel subsidy payments amounted to N261.1bn in 2006, N278.8bn in 2007 and N346.7bn in 2008, but, even after the subsidy on diesel had been removed, the ‘subsidy’ payments jumped to N2.58trn in 2011 — more than 900 per cent of the sum appropriated for the year (N245bn).”

A subsequent report by the Presidential Committee on Verification and Reconciliation of Fuel Subsidy Payments, led by Mr. Aigboje Aig-Imoukhuede, revealed that in 2011, 197 subsidy transactions worth N232bn were illegitimate. These frauds are not limited to the oil industry, as similar probes have shown that almost all sectors are involved. In July that same year, the House of Representatives Committee on Environment discovered a tree seedling fraud worth N2bn awarded by the Ecological Fund office.

Chairman of the committee on environment, Mrs. Uche Ekwunife, said this during an investigative hearing on the mismanagement of ecological funds for the development of tree nurseries and seedlings in the 36 states. According to her, out of the N3bn approved by the Presidency in 2010, N2bn was released to the contractors and consultants without government getting value.

The former Minister of Environment Hadiza Mailafia, however, said the contract was awarded by her predecessor. In the telecommunications sector, the House instituted a probe into the sale of the frequency brand spectrum, which was reportedly sold for less than its value. The 450MHz frequency, which was valued at over $50m, was allegedly sold for less than $6m (a difference of $44m or N6.9bn) by the Nigeria Communications Commission. In the same sector, the reps, earlier that year, commenced investigations into the N6.1bn SIM card registration project embarked upon by the NCC in 2011. Nothing, since then has been heard from the “Panel led-Administration” of President Goodluck Jonathan.

Even worst cases of blatant corruption have since taking foothold, including $1.1 billion OPL 245 Malabu bribe. These cases have escaped the consciousness of Prof Femi Aribisala and his inks; an evidence that some media practitioners are at their crudest, a classic case of the contest between good and evil. The caliber of Aribisala should be taunting presidential hopeful that should be driven by a passion for providing stellar leadership to a country that has been done in by Lucre-obsessed mediocrities.

From his bully pulpit, the president can take aim at the corruptible bullies; knowing fully well that there cannot be development without accountability. There is still a chance for the president to address the chronic neglect of the peoples’ needs, tackle corruption and fulfill new promises if he apply himself justly to his oath of office – and keep them. If more African nations (not just Ghana) are meeting the millennium development goals, Nigeria can’t be exempted. Sustainable, measurable, accountable, responsive and transparent leadership is what we need now, and not some misbegotten opportunists.

Erasmus, a public affairs analyst wrote in from Lagos, Nigeria.[/s]

There are reasons why companies spend billions of dollars yearly, on Data-informed decision-making. NOI is one of the few credible polling groups, international businesses use in Nigeria for collection and analysis of data. APC should take this data serious, for their own good.

Iriruaga100:
Lagos state will be the main battle ground state for next yrs election. SS nd SE will definately vote for PDP. NW will vote for APC,with execption of southern kaduna. State in the NE, like borno nd yobe will for APC, but voters turnout will be low due to insurgency. PDP will win adamawa with little margin. Taraba will vote PDP nd jigawa will vote APC. State like benue, plateau nd kogi will vote for PDP. APC will take kwara, while nasarawa nd niger will be battle ground state. For south west, ekiti nd ondo will vote for PDP, while osun will vote for APC. Lagos, ogun nd oyo will battle ground state next year.

The first real analysis on this thread. Kwara is going to be a battle ground too. Niger is APC and Nassarawa is PDP. Lagos and Ogun are battle grounds, with Lagos leaning PDP and Ogun APC. Oyo is going PDP.

seunmsg:
Simply put, we don't need unity in Nigeria right?

Those are your words.

Nigeria needs a Uniter? To unite what and whom. Rubbish, Nigeria needs a person and system, where every man will find their level. Enough of this deceit. When was there unity in the hell called Nigeria.

Punch will never disappoint with their lies. This is the report of the same event from vanguard.
Minister tasks Abuja Disco on power supply

on October 21, 2014


By Chris Ochayi

The Minister of Power, Prof. Chinedu Nebo, has charged the Abuja Electricity Distribution Company, AEDC, to urgently address the epileptic power supply in the entire Federal Capital Territory, FCT, Abuja and its environs.

electricityNebo gave the marching order when he paid an unscheduled visit to AEDC Headquarters in Abuja.

He noted that the erratic supply of power in and around Abuja, especially in key government establishments is slowing down the pace of work, which is greatly impeding the performance of government programmes and activities.

The minister’s visit is meant to ascertain the challenges responsible for the recent drop in power supply in the FCT, with a view to collaborating with the company to provide immediate solution.

He lamented that Abuja as the seat of power, cannot afford to operate under low power supply, adding that the situation where most government establishments are starved of constant power supply is totally unacceptable.

He called on the management of AEDC to do a thorough check as well as prioritise load shedding to ensure that there is equitable distribution of electricity. He also noted that Nigeria, which is currently wooing investors into the power sector, will receive negative response from prospective investors if confronted with darkness when they come to discuss business.

“There is cheering news from other cities about improvement in power supply, whereas Abuja, where major government transactions take place is unfortunately starved of the needed regular power supply,” the minister said.

Also commenting, the Permanent Secretary, Power, Amb. Godknows Igali, enjoined the company to properly balance its load shedding.

He added that priority should be given to public buildings, like the Federal Secretariat, Office of the Head of Service, economic and health institutions such as the Central Bank of Nigeria, hospitals and airports.

He assured the electricity company of his Ministry’s support in tackling the challenges confronting it in the distribution of power to the Abuja environ.

Responding, the Managing Director, AEDC, Mr. Neil Croucher, called for a political decision in the quantum of power supply to the FCT. According to him, the amount of power supplied to Abuja has drastically reduced thereby necessitating the rationing of power in such a way as to satisfy all its customers.

He said the issues raised by the Minister are of great concern to the company, adding that prompt response will be given to ensure that load shedding is prioritised for optimum results.

Croucher further said that his company is in close discussion with five other electricity companies on embedded power to ensure that the supply to Abuja and its environs increased to boost economic activities in the area.



- See more at: http://www.vanguardngr.com/2014/10/minister-tasks-abuja-disco-power-supply/#sthash.FO7Sc1MJ.dpuf

Nigeria’s newest investment in the gas sub-sector, Green Gas Limited (GGL) has said that its multi-billion dollar Compressed Natural Gas (CNG) plant, located at at Ibafon, Ogun, was 95 percent completed.

The CNG plant is a Joint Venture Company between Nigerian Independent Petroleum Company (NIPCO) and Nigerian Gas Compnay (NGC).

Taofeeq Lawal, Head, Corporate Affairs, NIPCO, said in an interview in Lagos that the CNG project would start operations in 2015, adding that the project was very unique in several respects as it showed the avowed commitment of the Federal Government toward resolving the petroleum products crises.

But also it proves the efficacy of the Public Private Partnership joint venture efforts of Nigerian Gas Company, a subsidiary of NNPC & NIPCO Plc., he said.

Lawal said the project would reduce the massive importation of petroleum products when the project was completed.

He said the JV sought to set-up 35 CNG filling stations in different parts of the country before the end of 2015.

He added that GGL had already established seven service stations, while 10 additional stations have reached advanced stages of construction.

A breakdown of the projects showed that four of the stations are located on Benin-Warri dual carriageway and two on Benin-Asaba dual carriageway.

One is on Benin-Lagos dual carriageway (Onitea in Ondo and Ibafo in Ogun), another one on Benin-Abuja Expressway and one in Delta.

He said CNG had become a preferred alternative to petrol and diesel, because it is colourless, odourless, non-toxic, but inflammable and lighter than air.

“CNG is not a liquid fuel and is not the same as LPG, which generally consists of propane and butane in liquid form.

“The product is relatively cheaper than petrol and diesel. Also, natural gas is a clean burning fuel that reduces vehicle maintenance costs,” the spokesman said.

^^^^ You don't get the drift, because you were hoping Kathmandu Tribhuvan and Tashkent (Uzbekistan) surpass MM, unfortunately they don't

naptu2:
Bedford started production in 1959. The Federal Government started negotiations for the establishment of more automobile plants in 1969 and Peugeot (PAN) started in 1971. VON started around the same time.

In 2003 PAN was still making Peugeot 504. They only stopped in 2005 (you can research it. It was the last plant to stop making Peugeot 504s).

Surprised PAN was operation in 2003. Nobody was buying 504s in 2003, at least not that I know.

Thanks for the Bedford research.

Obiagelli:
The difference between me and you is i ask questions, i use my brain whether i like the policy or not.

Good for you.