₦airaland Forum

kendrick9:
The fulani cattle rearer from daura is still blabbling, what does he even know about education?. An illiterate as he is, has no clue about our educational sector.
Btw,i'm still waiting for him to stabilize world oil prize....

Now whos the illiterate?? go back to basic three...

World oil prize is there any competition or contest going on here I SMH for u...

Billyonaire:
As soon as I am re-elected, there will be welfare package of N5,000 to 25 million Nigerians . ......Buhari.

I can now read how u were brought up.. [size=5pt]Reserve my comments in pidgin[/size]

Billyonaire:
I will give automatic employment for 1 yr to all post NYSC members immediately after their service year.......Buhari.

this was how they started the 1dollar to 1naira ish.. lies will never last.. why are u saying what he didnt say..

CFCfan:
That doesn't mean the govt should neglect the aviation sector.

did he say he will ignore?? do u know what they call scale of preference? or are u conversant with what is called priority?? more so scale the two sectors as regards functioning and which needs urgent attention??

starlingslimnet:
Small time APC go talk say hm no talk am

the lagoon is there if the thing dey pain u o

Billyonaire:
I will equate the value of $1 to N1......Buhari.

Moronica he never said that;; bring proof una no fit bring!! oga gan o

agabaI23:
For your information on the highlighted

The present government started the use of Nigerian Engineers to do turn around maintenance since.

They called the company that built the refinery, they refused to come and rather recommended another company. The second company was ready to work but could not guarantee 100% turn around and productivity of the refinery for any specific time. So, the ministry decided to assemble home trained engineers to study the plant and start the TAM.

Buhari is simply saying he will continue from where GEJ stopped. Funny they knew all along.

Who are you wh told you GEJ started that?? Pea brain check ur facts..

elbinmanny:
Hope it is being subtitiled . Cos watching that man on tv is like watching a chinese movie without subtitle. I no dey understand him grammar

no hard feelings, u go school

Mogidi:
Can Buhari please wait till MAY before hogging our airwaves, all talk no action.

Seriously I have been seeing post across nland by this nincompoop and always wondered if it was human.. Guess all u have in ur skull is contaminated air..

temitemi1:
Tinubu,atiku,ameachi, bukola saraki

how old are you?? Shouldnt u be having siesta now??

Work starts from 30th of May 2015... Buhari

what EFCC has been doing will be investigated to know what steps in consolidating there activities.. Buhari

Corruption will be given a bloody nose during the first 100 days.. Buhari

PassingShot:
Good job Azo.

Lalasticlala Ishilove Seun, please take this to front page.

Thanks

ASUU strike and polytechnic lasted a whole academic year and the govt voted 7bil for the recommendations in the national confab. This personally pained me when there is constitution that prevents our children from being on the streets yet money that the govt cannot afford was used for something else.. Buhari

Inefficiency and crruption of PDP government brought the armed forces into the certificate saga.. Buhari

There is a file that shows record of a commisioned officer from day one till death so how can a certificate not be found?? Buhari

Priorities/ Insecurity, Unemployment, Corruption.. Buhari

Agriculture and Minning will provide quick jobs... Buhari

Insecurity, Unemployment and corruption are in a viscious cycle leading to one another.. Buhari

Railways is more important than the airlines because everybody can make use of railways whether rich or poor but airlines are for the rich, so i will give priorityy to railways.. Buhari

I particularly love this statement..

ASUU was n strike when GEJ voted 7bill Naira for National conference. PDP Gvovt has capacity for wrong priorities... Buhari

PMS can be sold at 40Naira/litre although it will be difficult.. Buhari

Pipelines were destroyed by neglect of PDP Gvernment.. Buhari

Refineries will me built and existing ones will be maintained by Nigerians.. Buhari

lalasticlala, obinoscopy et al. do the needful..

Tune on and listen to Baba. LMany things already said..

ABUJA---- Special forces from the Department of State Security, DSS arrested a militant, comrade Egberipapa, accused of violent assassination plot to kill President Goodluck Jonathan, Senate President David Mark and some top government officials, Per Second News exclusively gathered Tuesday.



Egberipapa, was arrested Tuesday morning at an Abuja Hotel by a crack team of the DSS, According to preliminary information provided by a source.

Officers of the DSS, acting on information supplied by informants and intel, arrested Egberipapa, who according to the source was masquerading under another name at the time of the arrest. He is also known as Sobomabo Jackrich.

Eluding a nationwide manhunt, he had arrived in Abuja last week-end. The operation was carried out quickly and the number of culprits captured alive — including “Egberipapa” — was significant.

Per Second News gathered that the plot hatched by the gangsters with links to Henry Okah, who is presently in a South African detention center was to kill President Jonathan and Senate President, David Mark in Abuja at a public function.

Per Second News investigations indicate that DSS officials discovered the assassination plot via intelligence gathering. Several gang leaders had been detained in connection with the plot and were handed over to authorities in their respective states in a bid to extradite them to Abuja.

General Egberipapa, is a former leader of the Movement of the Emancipation of the Niger Delta, MEND.

On Monday, January 21 2013, a South African court convicted Henry Okah, an ally of Egberipapa, of 13 charges of terrorism, including bombings that killed 12 people in Abuja on October 1, 2010. Handing down the verdict, Judge Nels Claassen said, "I have come to the conclusion that the state proved beyond reasonable doubt the guilt of the accused.

He has been sentenced to 24 years imprisonment and is currently serving this sentence at the Ebongweni Correctional Centre in Kwa-Zulu Natal, South Africa. Throughout the trial he maintained his innocence citing the trial was a result of his denial to support Nigeria's President Goodluck Jonathan's statements and accusations that the October 1st Independence Day attacks were executed by leaders from Northern Nigeria.

President Goodluck Jonathan in a Presidential media chat revealed that Okah has planned to assassinate him.

More to follow


Source: http://www.persecondnews.com/index.php/component/k2/item/3408-breaking-news-fresh-plot-to-kill-president-jonathan-senate-president-uncoveredegberipapa-three-others-arrested

Apparently from all indications and from the screenshots posted on Socila media platfrms the guy never made mention of Igbo been killed or attacked. People are just annoyingly mischievious...

amsoslim:
E lng ooo.
Well here is mine,short well detailed:

If you never played table tennis with the ball in Sure Roll on,next time you see me,greet me with two hands.

Let me pretend I understand what u mean..

Initially I was wondering what rebasing of the economy is that has sprung Nigeria from the 3rd biggest economy in Africa to the largest without increase in net export or increased industrialisation. For a while I paused and pondered what this "rebasing" could mean without sourcing info from online sources probably because I had other things going on in my mind that seem more important. However, this orning I tried to get info on this word as regards a country economy and here is what I found below which makes me feel NOI and GEJ just played with figures and did not actually do anything rather they impeded the growth of the economy fooling Nigerians.


[quote author=Azo ]Leandro Prado de la Escosura recently posted a voxeu column about splicing real GDP series after re-basing. Re-basing of real GDP means adopting a new set of reference prices to value output in each year. Think of what Nigeria did last year, when they re-based from 1990 prices to using 2010 prices, and all of the sudden measured real GDP was about twice as big.

de la Escosura’s point is that when we re-base and “retrocast” real GDP numbers to past years, we may obscure evidence of rapid economic growth. You should go read his post, and his associated paper, to understand his point in full. But let’s use the Nigerian 2013 re-basing to get the basic idea. Let’s say that in 1990 Nigeria produced 1000 units of food, and zero motorcycles. In 2010 Nigeria produced 1000 units of food again, but produced 200 motorcycles. So there clearly is real growth in output.

In 1990, the price of food was 1 naira per unit and motorcycles were 500 naira. 1990 real GDP in 1990 prices is 1000(1) + 0(500) = 1000. 2010 real GDP in 1990 prices is 1000(1) + 200(500) = 101,000. This is a dramatic growth rate of real GDP (10,100% actually).

After re-basing, what do we get? In 2010 the price of food was 2 naira per unit, and motorcycles were 100 naira each. So 1990 real GDP in 2010 prices is 1000(2) + 0(100) = 2000. 2010 real GDP in 2010 prices is 1000(2) + 200(100) = 22,000. Still a lot of growth, but only 1100%. The growth rate of real GDP between 1990 and 2010 went from over 10,000% to about 1100%, an order of magnitude drop. Growth looks much slower in Nigeria after re-basing.

Why? Because with dramatic economic growth came dramatic changes in relative prices. Motorcycles dropped severely in price, while food went up slightly. Combined, this makes food look more valuable compared to motorcycles by 2010. So valuing 1990 output in 2010 prices tends to make 1990 look pretty good, because in 1990 they had lots of food relative to motorcycles.

de la Escosura’s argument is that in 1990, for sure, the 1990 prices are the right way to value real GDP. Similarly, in 2010, for sure, the 2010 prices are the right way to value real GDP. So leave those years priced in their own prices. For the nineteen intervening years, 1991-2009 inclusive, compute their real GDP in both 1990 and 2010 prices. Then average those two estimates depending on how far from each year we are.

So for 1991, let real GDP be (1991 GDP at 1990 prices)(18/19) + (1991 GDP at 2010 prices)(1/19). For 1992, let real GDP be (1992 GDP at 1990 prices)(17/19) + (1992 GDP at 2010 prices)(2/19), and so forth. For de la Escosura, this better captures the growth in real GDP over time. For our example, 1990 real GDP in 1990 prices is 1000, and 2010 real GDP in 2010 prices is 22,000, and the growth rate is 2,200%. It essentially splits the difference of the two different benchmarks, preserving some of the rapid growth seen using the 1990 prices.

This isn’t necessarily a new concept. Johnson, Larson, Papageorgiou, and Subramanian discuss this issue in their paper on the Penn World Tables. Their suggestion for a chained PWT price index amounts to a similar suggestion.

The big point is that by re-basing you are necessarily screwing with the implied growth rate of real GDP because you are screwing with the value of real GDP in the first year (1990 in our example). If there has been a lot of economic growth and relative prices have changed, then almost certainly the first year will have a higher measured real GDP when we re-base. With a higher initial level of GDP, the growth rate will necessarily be smaller.

If your worry about computing growth rates, then this is an issue you have to worry about a lot, and something like de la Escosura’s method or the Johnson et al suggestion is what you should do. If you worry about comparing income levels across countries, then this critique is not crucial (although you have other things to worry about).[/quote]Source: https://growthecon./2014/10/01/re-basing-gdp-and-estimating-growth-rates/

Initially I was wondering what reb

gbemmy0209:
One month notice ke? I don't even think they will give the luxury of a week notice. The two people I know that were called were called on a monday, and dey were asked to resume on wednesday. Info has it that everybody may likely resume by May. Hence, it doesn't make sense that they've not called by now.

pls do u hav any idea of d conditions on d offer? Want to knw if its worth risking my salary in case i cnt give up to a mnth notice at wrk.

Now it is xenophobia, but if this happened in a Muslim country it will be termed terrorism. I SMH for the world and how they have been misled by the media....

Now it is xenophobia, but if this happened in a Muslim country it will be termed terrorism. I SMH for the world and how they have been misled by the media....

CharlesPhc:
[b]On an ideal situation (Road Conditions, Diversions, Weather Conditions, Traffic, etc. affect driving distance), a driving journey from Lagos to Abuja by road (Lagos --> Abuja) is approximately 587 Minutes - 9 hour(s) 47 minutes(s). That means it would take a car in good working condition just approximately 10 hours from Lagos to Abuja by the route on the Map below.

Having said that, what time would it take an average person to walk the same distance? How many hours would he have to walk each day? And in how many days would he complete his journey?

Let's assume Buhari was officially declared winner of the election on the 30th of March 2015 and our trekking guy started his journey on the 2nd of April 2015....!!! If by 20th of April 2015 Hamisu Abubakar arrived the FCT on foot, it is also confortable to conclude that it took him 18days to walk from Lagos to Abuja on foot. 24 Hours in a day by 18days would be 432 Hours.... How many hours did he walk each day to complete his task in 18 days considering the fact that from Lagos to Abuja is approximately 736.6km? Still loading.........

. [/b]

A car going to Abuja from lagos will travel on the average 85km/hr. It takes buses btw 7 and 8 hrs and a car will take a substantial less time for the travel say 6-7hrs. As such i wont accept itntakes a car 10hrs to get to abuja from Lagos. However, Lagos to Abuja is a lil above 660km/h for a man traveling at 3km/h which is the convenient walking speed but walking at average of 5/hr cos of jugging at some point will take about 132hrs. If he walks 8hrs/day he could make it in roughly 16days 12hrs. Buhari was declared winner on 31st of March and say he started on 1st April and he completed yesterday 21st April, it took him 21 days which is theoretically plausible.