₦airaland Forum

Our Oga at the top nothing do you. I'm still feeling your fresh air.

Lack of money.

Fake news from 2014.

http://foreignpolicy.com/2015/09/15/new-nigerian-president-same-old-problems-buhari
Muhammadu Buhari talks a good game, but he’s already resurrecting the transactional, ethnic politics of his predecessors.


The dust has finally begun to settle. For Nigerian President Muhammadu Buhari, it was pixie dust, which enveloped and elevated him, along with the entire country, into an epic global spotlight that is only now starting to recede. The March 2015 presidential election marked the first time in Nigeria’s history that the ruling party stepped aside for the opposition, a story that graced the front pages and airwaves of major media outlets the world over. Buhari’s victory was framed as a new dawn for Africa’s wealthiest and most populous nation — a nation whose failure to curb widespread corruption and insecurity has been consistently blamed on the absence of strong leadership.

A little more than three months into Buhari’s presidency, it is still too early to say for sure what direction his administration is driving Nigeria. What everyone seems to agree on, however, is that he’s driving too slowly. Initial efforts to sanitize the oil industry and deal with pervasive insecurity suggest that the president is at least still focused on pursing his main campaign promises. But the economy is in trouble, the ruling party is split into warring factions, and tribal tensions are brewing. If the first problem was inherited, the second two are at least partly of Buhari’s own making; his early personnel decisions have revealed that he is not entirely above the kind of transactional politics and ethnic favoritism that have been the hallmarks of previous Nigerian governments.

One of the president’s first orders of business was tackling the terrorist threat that contributed in no small part to his predecessor’s undoing. The Nigerian army’s headquarters was moved to Maiduguri, a Boko Haram stronghold in the northeast of the country, and the military’s top commanders were replaced — changes that some argue have helped turn the tide against the brutal insurgency. And there have been other encouraging developments: Better intelligence has helped the military foil potential terrorist attacks, rescue some of the civilians kidnapped by the terrorist group, and destroy a major bomb-making facility. Meanwhile, a five-nation regional coalition headed by Nigeria has succeeded in retaking territory previously controlled by Boko Haram.


Despite winning the new president plaudits, however, these achievements have done little to root out Boko Haram fighters and end the group’s reign of terror in the northeast. So far under Buhari’s watch, the body count has continued to rise, despite continued assurances that the military is wining. At least 1,000 people have reportedly lost their lives in terrorist attacks since the president took office in May, according to the Council on Foreign Relations’ Nigeria Security Tracker. Meanwhile, many of the individuals captured by the army on suspicion of being Boko Haram militants have ended up having no affiliation with the terrorist group. The military has also come under fire for massive human rights abuses, straining relations with Nigeria’s international partners.


Buhari’s efforts to rout out corruption have also been a mixed bag so far. In August, the president appointed a new management team for the oil industry, which reportedly loses billions of dollars annually to fraud, theft, and mismanagement. Recouping these losses would give the government a much needed revenue boost and stimulate the Nigerian economy. Yet the new administration has yet to articulate a clear economic and financial policy, a shortcoming that some analysts have attributed to Buhari’s delay in appointing a cabinet. For his part, the president claims he is still searching for men and women worthy of ministerial posts, a task he has described as difficult because so many qualified Nigerians have been “compromised.” “We have people, educated and experienced people, but everybody seems to be working for himself on how much they could get away with as soon as possible,” Buhari said in July.


This excuse has met with mixed reactions from a populace that is already impatient with Buhari’s delays, and could very well cause the president some serious political headaches if he fails to identify some “uncompromised” individuals soon. Not only have his comments had the unfortunate effect of reinforcing the global misconception that Nigerians are mostly crooked, but the president has also set his potential cabinet picks up for an unprecedented degree of scrutiny from the opposition, which will be all too happy to point out when these officials fall short of the gold standard set by Buhari. As a result, the president’s appointees may end up spending more time defending their integrity than pursuing the crucial task of moving Nigeria forward.


Where Buhari has made appointments, he seems to be courting another source of trouble: charges of regional and ethnic favoritism.Where Buhari has made appointments, he seems to be courting another source of trouble: charges of regional and ethnic favoritism. Key government positions — including the administrative head of the Treasury, the chairperson of the Independent National Electoral Commission, and the head of the Department of Petroleum Resources — have gone mostly to individuals who, like the president, are northern and Muslim. So far, of the 25 federal appointments he has announced since taking office, only 6 have gone to people who are Southern and/or Christian. In a country where ethnic tensions are always close to the surface, reactions have been predictably explosive. In southeastern Nigeria, the region that sparked the Biafran war in the late 1960s, calls for secession have again intensified as a result of Buhari’s perceived regional bias.


The president’s own rationalization for appointing more northerners has done little to assuage such fears. In a recent interview with the BBC’s Hausa-language service, Buhari admitted that his appointment choices had been doled out as rewards to those who stuck with him through the tough times, noting that this was the nature of Nigerian politics. “I have been with them throughout our trying times. What then is the reward of such dedication and suffering?” he said. The president was not wrong about the transactional nature of the system, but many were surprised to hear him explicitly endorse it after vowing to change the culture of nepotism that plagues every sector of Nigeria’s government. Buhari swept into power with lofty promises to clean up the country’s corrupt political system. How could it be that he was already contributing to the mess?

Buhari’s no-nonsense demeanor and claims to the contrary notwithstanding, it seems that his presidency will likely feature a lot of business-as-usual. And while he has promised to unveil a cabinet before the end of September — laid out like some sort of early birthday present ahead of the country’s 55th Independence Day celebration on Oct. 1 — his delays and willingness to dabble in cronyism may have already squandered the wave of goodwill and optimism that accompanied his election.

erinalex:
I pray that this 'shock' kills you.

it will kill me, after we attend you and your family service of songs.

Very shocking to hear an elected leader talk like this, we are not surprised. It was expected.

Just Imagine if PDP had won in Lagos, the expo for kill persin. Wike and Amaechi would be child's play.

Only a fool, did not see this coming. Leave moslems alone to die in their wars.

asha80:
I dont gain anything lying..anyone staying in owerri and environs can attest to it

Nevertheless, I will stick with the NBS numbers.

asha80:
well they are wrong

Because you say so?

asha80:
I dont know who did this survey or when it was done but I can authoritatively tell you that of Imo state in wrong...it is now 87 naira in most filling stations in owerri and environs

Read the full story here

http://www.thisdaylive.com/articles/external-reserves-fall-to-30-794bn-inflation-inches-to-9-3-/

According to the Petrol Price Watch for last month, Bayelsa State, which ironically is an oil producing state, recorded the highest average monthly price of N132.43 compared to N153 the previous month.

Yobe State recorded the second highest monthly average of N119.63, from N120.50 in July, followed by Kogi with N114.33 in the month in review.

The lowest monthly average price for petrol bought by households in August was recorded in Oyo State at N88.13 from N99.16 in the previous month.

The state was followed by Kano, which recorded N92.57 in the period under review compared to N91.50 in the previous month.
Abuja and Lagos recorded N94.60 and N96.50 respectively in August.

Others were Abia – N110.25; Adamawa – N105.17; Akwa Ibom – N106; Anambra – N102.62; Bauchi – N109.86; Benue – N113; Borno – N107.50; Cross River – N97.32; and Delta -N96.63.

In Ebony, petrol averaged at N106.43 per litre in August; Edo – N97.88; Ekiti – N107.44; Enugu – N112.73; Gombe – N98.33; Imo – N110.93; Jigawa – N106.50; Kaduna – N97; Katsina – N96.64; Kebbi – N105.21; and Kwara – N98.80.

Where was Yaradua's bedroom? Aso villa had a mosque for years before OBJ built the chapel, now the VP cannot even keep it open.

Where was Yaradua's bedroom? Asorock had a mosque for years before OBJ built the chapel, now the VP cannot even keep it open.

Truckpusher:
What's amusing you bro?

but brutal looking, hardened face

[s]

bellras:
Absolute nonsense!! I hope. You are ready to port to Cameroon when Nigeria is great again? BEWARE!!

[/s]


Look at the sai chanter do you even know the meaning of great?

Truckpusher:
Yeah ,but I feel shy when people say that I'm handsome because I'm not.
my Dad said that a man isn't suppose to be looking handsome but brutal looking, hardened face.

whao , nah wa

[s]

Ymodulus:
Typing...

I expected you to outline the corruption characteristics of deltans.

1. Ex Governor of Delta state (Uduaghan) Budgeted 7.4Billion Naira for clearing grasses , shrubs , sands and trees around Asaba Airport.

2. Ex Delta Governor James Ibori has a high breaking corruption record. He stole a large amount.

3. Delta is the only state where 9 out of every 10 persons are billionaires yet there is nothing to show for it.


Finally its not about just calling big names. What have they achieved? How have the impacted on the masses.

With the high number of so called millionaires and famous names in the likes of

Francis Atuche ( Nigeria renowned Fraudstar )
Pat Utomi ( who was labelled a fake igbo when he wanted to contest the 2007 election by same igbo who want to call deltans theirs )
Pat. okorocha ( Current governor is a mouth maker )
Prof. Joseph Chike Edozien, CFR, JP, the Asagba
(traditional ruler) of Asaba - the oldest professor in Nigeria alive ( And what did he contribute? )
* Chief. Sonny Iwedike Odogwu, A Great Business Mogul ( Been a business man with no impact of his business on the people of Delta state )
* Dr. Andrew Azukaego Moemeka ( just a space blocker )
* Dr. Cyril Uchenna Gwam, Diplomat, international civil servant and international environmentalist ( environmentalist? Can't stop laughing where was he during the oil spilling and the Ken sawo wiwa case )
* Dr. Ngozi Okonjo-Iweala, the current Managing Director of World Bank ( this one ruined our economy to shambles )
* Dr Elizabeth Isichei, prominent historian ( historian who don't want to tell you the real history of deltans )
* Dr. Isaac Nwaise, Epidemiologist and health economist
* Air-Marshal Paul Dike, former Chief of Defence Staff of Nigeria ( This is the same man igbos shouted is not a real igbo. After he was appointed and Mike okiro was to be made IGP igbos recounted their mistakes )
* Professor Augustine Onwuyali Esogbue, The only African included in NASA and Scientist ( Stop claiming he is an African he has no impact on deltans. Him been a Nasan adds nothing to Delta state. Or when last have your government spent money on space research? )
* Professor Buchi Emecheta, London Based Author ( So what is his article )
* Chukwurah Joseph Udeh OFR, Former Comptroller-General Nigerian Immigration Service ( you mean the man who hiked and changed several legal happenings in the custom services?)
* Prof Eric Opia, Former Governorship candidate of Delta State ( No impact )
* Mr Jim Ovia, M/D Zenith Bank ( MD my foot. Go to Ibusa the only bank there is that brought in by former MD of PHB bank who was sacked for fraud by the erudite scholar sanusi lamido sanusi. Seasoned economist
* Prof. Joy Ogwu, Former Mangaging Director of Nigeria Institute of International Affairs
* Professor Pat Utomi, Presidential Candidate and Founder of Lagos Business School ( he is the only deltan with a for sight who has made it. But igbos rejected him even after been married to an eastern wife )
* Tony Elumelu, MD of United Bank for AfricaAfrica ( Bank know for high rates and low ccare service is this an achievement? )
*

* Austine "Jay-Jay Okocha, Former Captain of Super Eagles of Nigeria ( how did is carrier ended with the super eagles? Because of 10million with defunct Savannah bank )
* Sunday Oliseh, Former Captain of super Eagles of Nigeria ( who is this one self. Nigerian present coach? What's are his achievement ? )
*



Nothing absolutely nothing to show for. Go to the south west and pick examples. Learn from seasoned activist , politicians, business men and technocrats etc.

[/s]

the big heart state/ the finger of God. "When you think of Deltans, you think of Texans".

Waffi Texas, was a common phrase in the 80s/90s

bettercreature:
Sharap! 16years of fraud,Let them freeze everything,if there is no war there will not be peace,let our economy suffer for now,it will only make us stronger

Look at the almajiri, like I said you are the ones going to cry.

No need for tears, Nigerians will live and learn. It takes 5 mins to destroy the efforts of 16 years, we shall all stay here and savage it together. One fact is clear, the sai chanters will suffer the most.

According to the NBS, the food sub-index rose by 10.1 per cent (year-on-year) in August, slightly higher from 10 per cent in July.
Increases were observed in major groups within the index consisting bread and cereals, meats and fish. The index was weighted upon by a slower increase in the fruit, vegetables, and potatoes, yams and other tubers groups, it said.

According to the Petrol Price Watch for last month, Bayelsa State, which ironically is an oil producing state, recorded the highest average monthly price of N132.43 compared to N153 the previous month.

Yobe State recorded the second highest monthly average of N119.63, from N120.50 in July, followed by Kogi with N114.33 in the month in review.

The lowest monthly average price for petrol bought by households in August was recorded in Oyo State at N88.13 from N99.16 in the previous month.

The state was followed by Kano, which recorded N92.57 in the period under review compared to N91.50 in the previous month.
Abuja and Lagos recorded N94.60 and N96.50 respectively in August.

Others were Abia – N110.25; Adamawa – N105.17; Akwa Ibom – N106; Anambra – N102.62; Bauchi – N109.86; Benue – N113; Borno – N107.50; Cross River – N97.32; and Delta -N96.63.

In Ebony, petrol averaged at N106.43 per litre in August; Edo – N97.88; Ekiti – N107.44; Enugu – N112.73; Gombe – N98.33; Imo – N110.93; Jigawa – N106.50; Kaduna – N97; Katsina – N96.64; Kebbi – N105.21; and Kwara – N98.80.

According to the NBS, the food sub-index rose by 10.1 per cent (year-on-year) in August, slightly higher from 10 per cent in July.
Increases were observed in major groups within the index consisting bread and cereals, meats and fish. The index was weighted upon by a slower increase in the fruit, vegetables, and potatoes, yams and other tubers groups, it said.

According to the statistical agency, of the items which contributed to the core sub-index, housing water, electricity, gas and other fuels; education, restaurants and hotels; and miscellaneous goods and services divisions, recorded the largest pressure while the pace of increases slowed in the health, transportation, recreation and culture divisions.

NBS added that the average price paid monthly by Nigerian households for a litre of petrol across the country increased to N109.91/litre in August compared to N107.40/litre in July. It was recorded at N112.13 in June and N118.36 in May.
The official pump price of petrol is N87 and figures provided showed that on the monthly average, Nigerians continued to purchase petrol above the official rate in August.

According to the Petrol Price Watch for last month, Bayelsa State, which ironically is an oil producing state, recorded the highest average monthly price of N132.43 compared to N153 the previous month.

Yobe State recorded the second highest monthly average of N119.63, from N120.50 in July, followed by Kogi with N114.33 in the month in review.

The lowest monthly average price for petrol bought by households in August was recorded in Oyo State at N88.13 from N99.16 in the previous month.

The state was followed by Kano, which recorded N92.57 in the period under review compared to N91.50 in the previous month.
Abuja and Lagos recorded N94.60 and N96.50 respectively in August.

Others were Abia – N110.25; Adamawa – N105.17; Akwa Ibom – N106; Anambra – N102.62; Bauchi – N109.86; Benue – N113; Borno – N107.50; Cross River – N97.32; and Delta -N96.63.

In Ebony, petrol averaged at N106.43 per litre in August; Edo – N97.88; Ekiti – N107.44; Enugu – N112.73; Gombe – N98.33; Imo – N110.93; Jigawa – N106.50; Kaduna – N97; Katsina – N96.64; Kebbi – N105.21; and Kwara – N98.80.

But as Nigeria contends with depressing key data, economic policy maker’s in Africa’s largest economy may also have to grapple with the possibility that that the US Federal Reserve might raise interest rates for the first time in over nine years this week, effectively injecting new levels of anxiety in the global economy.

With markets still in turmoil from China’s economic downturn and sensitive to any added uncertainty, calls from economists for the Fed to hold off are being countered by pushes from emerging economy officials to get the long-awaited move over and done with, reported the Economic Times of India.

The fierce debate underscores the complexity of the challenge facing US central bankers when they meet tomorrow and Thursday.
The issue is whether to pull the benchmark federal funds rate up from zero percent, where it has been frozen since the financial crisis of 2008.

The Fed itself is anxious to get off that extraordinarily low level, and US economic growth is strong enough to handle a quarter-point rate increase, a number of Fed officials have suggested.

But the turmoil in global financial markets for the past month has not eased, and there is still much to be known about how China’s problems will affect the rest of the world.

A Fed rate increase threatens to raise the borrowing costs of many governments and companies, including for holders of Nigerian issued Eurobonds — though analysts point out that that has already happened in anticipation.

A rate hike could also lead to a further exit of foreign portfolio investors from the Nigerian economy already faltering from falling oil prices and the decision by JP Morgan to phase out Nigerian bonds from its indexes.

Both the World Bank and the International Monetary Fund, worried about slowing global growth, have suggested the Fed can stand pat.
But others say it is time to pull away from seven years of extremely easy-money policies.
“We are at historically low rates right now, we’ve got to have a return to normal,” argued Robert Morgan of the American Bankers Association.

For months the policy-setting Federal Open Market Committee (FOMC) under Fed Chair Janet Yellen has been eyeing the September 16-17 meeting for a rate increase.
The move would signal the Fed is ready to “normalise” monetary policy with a slow series of increases over the coming two years.

FOMC members base their decisions primarily on the jobs market and inflation. The former has been strong, the unemployment rate falling to 5.1 per cent in August, the lowest since April 2008.

Inflation, which the Fed wants to see climb to around 2 per cent as a sign of steady economic growth, has sagged.

The main reason has been the drop in the prices of oil and other commodities, rather than weak US growth. But the slowdown in China and other emerging economies, and the strong dollar, continue to pull prices lower.


http://www.thisdaylive.com/articles/external-reserves-fall-to-30-794bn-inflation-inches-to-9-3-/220284/

TheGoodJoe:
Let me rephrase. Nyesome Wike is getting more money than Amaechi got when this owing fiasco started. Amaechi can use that as his excuse.

I wonder what Nyesome Wike will use as his excuse now he is getting more money than Amaechi.

Thanks for rephrasing, but also acknowledge, Wike has not given any excuses.

TheGoodJoe:
Amaechi's excuse, no funds due to reduced allocation.

Nyesome Wike despite increased allocation is yet to give an excuse.

What excuse has Wike given you? by the way what increased allocation are you talking about?

Demdem:
[[s]quote author=atlwireles post=38030874]feelrivers.com/things-are-not-the-way-they-used-to-be-teachers-and-pupils-of-model-primary-schools-in-port-harcourt-state-resort-to-self-help-


APC lies and propaganda from their paid websites, did the OP say this news was from yesterday? What is feelriversdotcom? Shameless ediots most of you apc maggots have become


[s]guards of Amaechi's world renowned public schools 7 months salaries or not?
Is wike owning Timariv staffs.? Rumola thug, what is the meaning of this?
His wike owning Months salaries or not despite huge allocation?
Those are the issues here.

[/s]

YOU'RE A CHILDISH LIAR ON THIS FORUM, NO NEED WASTING MY TIME WITH YOU. YOUR STORY FROM JULY 26TH, BECAUSE YOU'RE THE OP OF THIS STORY, IS AS DESPICABLE AS YOUR LIES HERE. I HOPE SOMEDAY YOU WILL INVEST THIS SAME STRENGTH IN OYO,LAGOS AND OSUN STATES ISSUES.

feelrivers.com/things-are-not-the-way-they-used-to-be-teachers-and-pupils-of-model-primary-schools-in-port-harcourt-state-resort-to-self-help-


APC lies and propaganda from their paid websites, did the OP say this news was from yesterday? What is feelriversdotcom? Shameless ediots most of you apc maggots have become.