₦airaland Forum

Empero1:
People like Metuh, Fani Kayode and other beneficiaries that were entrusted with the PDP campaign funds are great hypocrites. They all kept for their personal uses, the money that was disbursed to them to help finance the election. I know that GEJ will be laughing hard where he's now. Supposing that Metuh for instance used the money given to him for what it was meant for, where would he has find the same exact amount to refund the FG? Backstabber's everywhere.

Kudos to the FG by the way.

Why do you think GEJ keeps visiting Aso Rock?

He is pointing out those who betrayed him one by one.

tonguengineer:
Stop mixing ur weed with sawdust pls
So if that is ur analogy Fayose,ffk, Olisa metuh and other corrupt individuals whose account re frozen can also hide under that the canopy of farming

Get yourself an education Mr. I did not support Burantai or castigate him, I only corrected the guy who said Burantai is not legally allowed to own a business.

id911:
Do these guys think we are all fools or what？Did we ask you whether he declared it in CCB form？The question is: how did he get about N200 million as a carrier army officer to purchase those properties？Remember by law he is not allowed to work or do any other business while still with the army.

Are they saying i can steal but when i declare it i can go scot free？Why is FG defending this Burutai instead of investigating him？ I dont get it

You can farm and Burantai has a farm.

seyilabi:
If anybody found him/herself in such situation (God forbid), the best thing is to do is to give out ur pin number as requested to avoid been attacked or killed but in reverse e.g. if ur ATM pin code is 1234 just tell them 4321, the ATM machines will still recognise the code as reversed at immediately activate an internal security system which notify the police, and also block ur account immediately after daily withdrawal limit has been reached.

This is a lie, the ATM doesn't know you pin, in fact, it doesn't have the capacity to know your pin.
Also your pin is most likely encrypted with a one way encryption algorithm there's no way anyone can know what your pin is unless you tell them. It is virtually impossible for anyone to know the reverse of your pin.

primus101:

Thank you very much.

You welcome

Bollinger:
Sometimes I really think every Nigerian needs to be relocated to a neutral place for re orientation. Many who read your post won't understand it. Trying to comprehend asset acquisition is like trying to explain the theory of relativity.

I get your point but everyone should try to know the basics so you can make an informed decision.

It so sad to see people looking at a purely business decision from a political angle.

primus101:

Just to clarify, is it possible for the original founders of an organisation to re-possess it after it has been taken over by Amcon? If it is, what are the requirements?

Yes it is possible. It all depends on the agreements made during negotiations.
For example, the Murray Bruce family can decide to sell off their shares in the company completely and have nothing to do with it anymore. In cases like the example, Amcon would try and reposition the business, then sell it off too.

TippyTop:
Dangote is presently owing N150bil big ones but he comes from the untouchable tribe.

Amcon has taken over the business of Dangote's brother.
You need to educate yourself on what non performing loans are.

daprince098:
It's a good decision that AMCON reconsidered the reopening of Silverbird and other businesses possessed by them. It's not only about Ben Murray-Bruce but over 1000 staff are being affected by this possession. Let's get it cleared that each of these 1000 staff has atleast 3 dependants whom they feed. This make it a total of 3000 that benefit directly or indirectly in Silverbird galeria and other businesses in possession owned by Ben Murray-Bruce. Leave the master of common sense and let's face the reality.

Amcon never closes a business, the just change management.
Amcon has taken over Aero contractors, Bicourtney and so many other companies.
The shut down was to enable the change of management.
Nigerians need to separate business from politics.

paschu:
You are really silly. Shut down your phone and sleep.

Go check what's done elsewhere. Trump and Clinton have their campaign fund and expenditure published MONTHLY. It's a public knowledge even on social media.

The Freedom of Information Act gives you the RIGHT to know how the governor funded his campaign. If the bank refuses to give you the information then go to court. Dumb.

Bros the freedom of information act only covers Federal institutions.

mormoney85:
niger deltans dont want anything about oil to move away from niger Delta region

nnpc both head office n other offices should b in niger Delta region both loading n off load of anything oil minister of petroleum and the workers/ must stay or be in niger delta region so that our local n state government will also benefit from them thanks for ur understanding

Even I that is from Delta State won't invest my money there and you expect others to do the same?

Breadmaker:
I tell people that Buhari is the architect of his problems. Nigeria has never been this confused and divided. He's is careless with words and rarely asks his advisers for advice. The level of hatred and tribalism in Nigeria today are fruits from the seed of hatred he sowed during Jonathan's tenure. Now the ungovernable country he created for the past leader is right under his control, still ungovernable.

Worse than it was and a sane man expects me to pray for him.

Who am I to interfere in Karma's business?

Don't rewrite history, GEJ polarised this country along ethic and religious lines.

buhahaha:
. Gerrout! is not copying wevbeen crying for Referendum but ur deaf and non- Democratic President has done nothing than to arrest an innocent man..but the world are watching how the war will begin, if need be

Buhari doesn't have the power to grant a referendum because the constitution of Nigeria doesn't allow it.
There's a constitutional review process, call your senators, house of reps members , call the people in the North who don't like Buhari and make a deal with them.

You'll get sooner than you can imagine.

On the contrary, chill the 2019 and only vote those who identify with your cause.

Many ways to skin a cat.

jazzy4naija:
It is a fact that the Buratai family have two properties in Dubai that were paid for instamentally through personal savings three years ago. This, along with other personal assets have consistently been declared by General Buratai in his Assets Declaration Form as Commander Multinational Joint Task Force Commander and as Chief of Army Staff.

It is pertinent to state that the Chief of Army Staff does not have any account with Skye Bank as alleged, let alone making deposits in the imaginary bank account to the tune of the amount stated in the write up. Similarly, he has not been involved in any form of shady or dishonest transaction, not to talk of “contract scam”.

In addition, General Buratai was never near either Defence Headquarters or Army Headquarters in 2013. It is pertinent to also note that he was never a Director of procurement in Army Headquarters as alleged. As a matter of fact, the Nigerian Army never had a Directorate of Procurement till when he established one last year when he became Chief of Army Staff.

Officially denied . Sahara reporters over to you.

KingOfAmebo:
Sequel to a picture depicting how EFCC Traced 1.3billion NSA Funds To Fayose's Account it beats my imagination that people have failed to use their sense of judgment to see the impossibility in the said picture.

Read the thread here and see people's reaction:

https://www.nairaland.com/3185766/how-efcc-traced-1.3billion-nsa

Sometimes out of pure hatred for an individual, some people just love to display their dumbness with pride.

According to the said picture "N2 Billion Naira(not N2 million) was withdrawned IN CASH by Mr. Obanikoro, Ex-Minister of State for Defence"

How on earth is it possible to withdraw that amount of money "IN CASH" from a bank?

I shake my head for people that believe this is actually possible.

PDP said Amaechi flew into Rivers state with 5 billion cash for the election rerun
http://www..ng/2016/03/19/rivers-rerun-pdp-releases-photos-alleges-fg-doles-billions-apc-rivers/

That's the link up there.
2 billion in cash is nothing in Nigeria if you know to call.

rose54321:
Haba na, the Federal government should step in and bail out companies like this.

If Silverbird is closed down, it's average Nigerians like me and you that will lose their jobs and suffer.

This is common sense, the government should put systems in place to help business and companies from closing down. The military approach wouldn't work here.

I have said my own, if things keep getting hard the masses will protest.

What's the government's business in this case?

Supreme court judgement Fawehinmi vs Tinubu.

knightsTempler:
You are freezing Fayose's account knowing you cannot bring him to court in any way and manner? To what end then?

entire Sec 308 of the 1999 Constitution verbatim. The Section provides:

(1) Notwithstanding anything to the contrary in this Constitution, but subject to subsection (2) of this section -

(a) No civil or criminal proceedings shall be instituted or continued against a person to whom this section applies during his period of office;

(b) A person to whom this section applies shall not be arrested or imprisoned during that period either in pursuance of the process of any court or otherwise; and

(c) No process of any court requiring or compelling the appearance of a person to whom this section applies, shall be applied for or issued: Provided that in ascertaining whether any period of limitation has expired for the purposes of any proceedings against a person to whom this section applies, no account shall be taken of his period of office.

(2) The provisions of subsection (1) of this section shall not apply to civil proceedings against a person to whom this section applies in his official capacity or to civil or criminal proceedings in which such a person is only a nominal party.

(3) This section applies to a person holding the office of President or Vice-President, Governor or Deputy Governor; and the reference in this section to "period of office" is a reference to the period during which the person holding such office is required to perform the functions of the office.

Oga supreme court judgement in the case of Fawehimi vs Tinubu, A sitting governor can be investigated.

wayodude:
One of the biggest problems facing Nigeria is the poor education of her citizens. Nairaland is prime evidence of this.

The ignorance on this tread is mind boggling.

CzarRex:
when did bbc know so much about our economy more than we do?


and the writeup kind of looked like a mockery of the present state of nigeria,well i don't blame them,we have been lead by some useless and greedy leaders who only knows their pockets.

Did you skip the part that says financial blogger Feyi Fawehinmi?

From the picture, those look like water hyacinth.

AyeeIdris:
Gender Equality ( it really means Gender Equity)is not all about the marital home. Its about being seen more than an ornament. Equal pay for equal work as your male counterpart.
I

Can you point out one company in Nigeria with a unified salary structure that pays women less than men when they are same in rank?

Why call APC? Your distribution company is a private company but then I doubt your story because for everyday the transformer is not fixed, the company is losing money and I doubt the management would be happy losing money.

She's lucky the guy even got ticket for her.
Similar situation played out when I was in school,
-Guy (white) invites girl ( Nigerian) to the movies,
-girl brings a friend along
-guy gets to the ticket stand, asks for ticket
- girl looks bewildered
- reality dawns on girl, no free food even in Freetown.

Everyone should take care of his or her bills unless otherwise stated.

NextGovernor:
You can't compare Nigeria where electricity is the major concern and problem to countries who have solved this problem more than 100 years ago.

Just as anybody can maintain, drive and repair an already built car which was already build by an engineer. Those western countries you mentioned are already been structured so anybody can maintain and regulate those things not Nigeria where things aren't properly fixed yet.

This government isn't doing well in electricity aspect. They are only concern about increasing charges without even providing electricity

Innoson is not an automobile engineer but he's building cars, how is that possible going by your logic?

ayemerbarth:
Please give us the names of ministers who held such position when they had no stable power supply like 200 yrs ago.

Power is not stable in India.

The work of a minister is administrative/ political not technical.
Do you expect the minister to start operating turbine?

Dear Mr OP,
Your are dull, no offence.

lolawilliams:
Yo feelings just GOT hurt

Not really. Was awake all through the night but didn't watch the game.
I feared i was going to jinx it but......
Bring on game 6

lolawilliams:
Its happening tonight king James. Its a Do or Die Game tonight. Let's get this win. #ALLIN

Are you talking about queen Lebron " cry baby" James?

[quote author=caracas post=46542870][/quote]A minister is a politician. Their job is more of policy making and supervision.
A lawyer can be a President but cannot be a minister of power?
Seriously?

loomer:
He's the prime minister and not minister for power bros

He's also the chairman of the power commission. The ministry of power in China was scrapped years ago.

nigerianvenom:
U are d first and only person that feels Barth nnaji did nothing as power minister. Too poor and myopic thought.
What's administrative about the position of a minister without in depth knowledge of d field?
Why has an engineer not bin appointed minister for health?
Is the minister of justice a medical doctor?
You guys think out of d brain

That an Engineer hasn't been appointed a minister of health doesn't mean it's wrong.
Ministers are politicians. You have to get that right.