I no like this one O. Why not leave these people and President Jonadunce in PDP so they can destroy themselves. Why bring them into APC to pollute the environment. So Oyinlola is now a member of APC? Ovoko!!!

Well that being said, President Jonadunce must be kicked out in 2015 for his lack of sophistication. That he has aides that refer with hate to a group of people as "parasites" shows he is a m0r0n.

My only pity is for these lapdogs who will become unemployed as soon as he is kicked out. Taharq maybe lucky and gets re-employed as a houseboy in Benin. That fake doctor will go back to doing abortion for ESUTH babes. Omokri will go back to his yahoo yahoo work. Oronto will go back to his "belle-activism".

Ovoko! Ovoko!! Ovoko!!!

t-something:


I was giving an example and I never said production fell , rather I said demand fell and loss of revenue due to oil theft, and nothing about production.

That "demand fell" is an artificial creation of rogues. Against all advise, they still sell using their cronies as middle-men. As we can see from the various reports of theft in Nigeria's oil trade.

The summary of everything is that the nations assets and treasury are in the hands of rogues. NNPC sells crude of $20 billion, we see only $7 billion.

That demand fell is not the issue. If demand falls then the price of crude would have dropped badly to less than $80 per barrel. That the price is still over $108 shows there is still a good demand for output. Why is ours different? Simple, ours is in the hands of rogues.

Abagworo: There's a major difference between federation account and excess crude. The federation account is accruable to States willy nilly and has nothing to do with excess crude that has to be an extra income to the States. So if Rivers receives 1trillion from federation account it has nothing to do with the 5billion stolen by the FG.

You get the issue. She is just all over the place without responding to Amaechi's questions.

Firstly, who agreed and authorised withdrawal of billions of dollars from the ECA, she has not told us. At least we know of the meeting where $1 billion deduction from ECA was agreed after boxing the states into a tight corner. What happened to the rest?

Why are we drawing from savings when oil prices are over $108 per barrel. Is this rogue government telling me it is losing 600,000 barrels per day in oil output? Then the government should not exist. It is as good as useless.

t-something:


Lemme try breaking this thing down to the simplest reasoning .
Nigeria estimates to make $500million from oil annually by selling 100million barrels at $5 per barrel . however , it sells the oil at $7 per barrel but is only able to sell 50million barrels (due to crude oil theft, drop in demand as a result of other sellers), translating to a revenue of $350million barrel. Note that $2 for the 50million sold is first transferred to the ECA , i.e $100million is moved to the ECA leaving the Govt with a revenue of $250million to be shared. This is a shortfall of $250million to the federation account despite oil is sold above the projected price .

No! Production has not fallen by 50% and so I will not take your example. Fall in production is still about 10% and so this government should be able to function and not criminally draw from savings.

taharqa:

Will STOP deliberately Confusing yourself and deceiving others?

The reason for the shortfall in Oil revenue even when there is a $30 difference is cos of significantly lower oil production levels compared to the projected budgeted figures. For instance, why the projected budgeted figures was 2.53mbpd, the actual figures for most of the early part of the year has been as low as bw 1.8-1.9mbpd (only in the last few months has it increased to bw 2-2.2mbpd) cos of such unfortunate occurrence as Oil theft, Oil pipeline shutdown, flooding, etc. So the total actual Oil receipts is actually lower than the projected budgetary Sum, hence the argumentation. Ameachi and every single State Govt know this cos that's why they fight practically every month in their FAAC; that's how someone like me knows it too. Moreover, both the Federal Ministry for Finance and the CBN as well as NBS release these figures openly almost on a money basis. It is currently on their website. Ameachi is only been mischievous and LYING if he now claims he does not know.


By the way, the DEFICITS of the budget is partly funded by the ECA.

Close your mouth you liar. Is this rubbish an attempt to justify theft by those you so much adore.

The lowest oil output of oil has gone this year is 2.1 million barrels per day as reported by the NBS and not the 1.8 million as reported by a dubious human.

Now let me even take it that your 1.8 million is true. So a government is losing over 700,000 barrels per day? Then that government should not be existing. It is worse than a dead government.

There is thus no reason why the ECA should be going down at a very fast rate if not for theft all round.

Even at the heat of the Niger Delta crisis with low production, we were still able to save and fulfill our obligations to our lenders.

Today a rogue regime tells us it is handicap about the theft in the Niger Delta. Today a rogue regime tells us we have to draw from savings from earlier years to cover their theft.

fabulous4u:
crap and full of sh.it
here comes the headless noisemakers

Earn your wage, it is what you are paid to do. You need it to live.

And so what? Is this an attempt to justify the theft and total mismanagement of the treasury. What he received is the statutory allocation for Rivers which is even less than what should be as the federal government has been shortchanging these states. You are not doing Rivers any favour by giving it its statutory allocation.

Amaechi's argument is simple for those who can discern. That oil prices today are over 50% of budgeted means there is no need to draw from the savings from earlier years.

The whole essence of the ECA is to augment shortfalls in periods of low oil prices. Today London Brent is at about $108 per barrel while we budgeted about $79 per barrel. Given this difference, the ECA should be growing and not on the downward.

Where has all the money gone? This government is not able to implement budgets satisfactorily. This means a lot of funds not used should also have been saved. But what we have is the treasury being depleted by a rogue regime.

Ngozi has not answered his questions. She is just throwing figures around to hoodwink those who cannot discern.

President Jonafraud set up SURE P. Meanwhile Jona done carry all the money run.

From day one SURE P had been a fraud designed to fail.

Though his resignation is a bit late, I must salute Mr Kolade's courage.

Errrm Dokita can you please tell us where the N500 billion is before you leave. N500 billion SURE Fraud, going, going, gooooone.

Abati is meant to be a communication professional but the way he has handled some of these issues is pathetic. The best strategy here would have been to ignore. What he has done here is to rile these guys and they will keep bringing out more of these stories.

I feel sorry for him and I think is time Jona shows him the way out. He has lost it totally.

Abati has gone back to his mumu self.

Abati since you think SR is not a credible source, the best thing you would have done is ignore! Do your press statements and ignore SR. This threat of suing has only made it worse and you appear more foolish.

Fynestboi: ^{WHAT IF HE DONT HAVE ANY}

Abi o he might even be a pauper. But check how the ladies are all over him. Power and authority.

tensor777:
You are still talking anoda thing. Those babes following P Diddy around are what are called groupies who are ready to lay it down for him merely for the ego trip and bragging rights it gives them amongst their mates. There is nothing new about that.

They are all over him because of the power and authority he commands.

P Diddy is even too much. Seun Osewa can have a basket full of the ladies in this forum. Fact!

Seun is even too much. Sexkid will have loads of girls in this his romance section. Not because of money but the power and authority he commands here. Fact! Why else do you think he is not willing to give up the MOD job.

My point here is that this young man is all over the place. He does not seem to have a grip of the situation, reason why the lady is kicking him around. He appears weak to this lady and he needs to come as one that commands some respect.

tensor777:
You don de talk anoda thing. From money to power as if that's the point. The guy just wants a normal romantic relationship not one based on money or power imbalance.

I'm not talking another thing. My argument is on a guy that appears to have power and authority and the impact on making people want him.

Having money can present you as one with power and authority. Same with ignoring a person.

I'll give you an example. The man P Diddy does not need to spend s dime on most of those ladies he moves with. He won't even take notice of them before they start falling all over him. Power and authority speaks for him.

freecocoa: This is how some men end up with girls who don't love them, if you keep on bribing her with money and she eventually gets attracted to the money and not you, what kinda relationship would that be?


Men please stop using money to woo girls, strike a friendship first and let things take their course.

Ehm ahem, no be only friendship. 70% of the girls in this world today will go with that fat man Rick Ross. Fact! Not because of his money but the power and authority he commands. Girls like these things and he does not even need to spend any money on them. Ignoring someone could potentially make one appear like he has a level of power or authority. Most of you girls do not like being sincere about these but fact is it is the world we live in today.

Ignoring someone or acting disinterested after showing initial interest works like hell. It is psychological and can be applied in a lot of things we do including relationships.

Asking a girl out is like negotiating for an asset and business managers do apply the 'disinterested' bargaining strategy. You also do it when you go to the market to negotiate goods or services.

Lypentra is right. However, don't stretch it too much or it may backfire. Know when to relax it a bit.

Lord Varys:
You obviously are misinformed, nigeria had the highest FDI inflow in sub- saharan africa in the last year ahead of SA , with the gradual slowdown of growth in the asian tigers and brazil, MNCs are begin to face newer frontier emerging markets and Nigeria,Kenya,Indonesia,Malaysia And Mexico are increasingly the targets with their burgeoning middle class and reformist govts....and these are not empty trips, the HICC is a body established by OBJ in 2003 which solicits for investment in nigeria, it is chaired by Baroness Lynda Chalker and a host of other top global business leaders and every year they meet either in Abuja Or London with mandatory attendance from the nigerian president and his economic team, its an opportunity for them to appraise the investment gains of the last year and look ahead

Bla bla Nigeria had the highest amount of FDI in sub-saharan Africa. What level of significance is the issue. A good percentage of the FDIs to Nigeria last year were actually PFIs and not FDIs.

FDI inflows and outflows to Nigerian have not had much significance on growth and there are studies to support this. These studies have also made recommendations on reforms to attract growth FDIs. These leaders only need to implement these recommendations rather than these empty trips that lead to no where.

Another empty junket in the name of searching for investors. MNCs are not daft. They have a risk profile which they seek to match with host country risk. Nigeria remains a high risk country that does not match the profile of most of these MNCs.

Granted you may see one or two with less than significant impact on growth. However, what we know is that MNCs have a 'herding' behaviour such that they move en masse to host countries as can be seen in the experience of South East Asia.

Solution is genuine reforms and not these empty trips in the name of searching for investors.

taharqa: No, OLODO. Get the Punch Editorial and read. The ONLY real accusation Punch made in respect of this new Sector-wide Waiver System was actuali the #603billion Revenue lost due to the policy. The Editorial DID NOT MENTION A SINGLE CASE OF CORRUPTION OR ABUSE RELATING TO THIS NEW SYSTEM. Let me repeat: Punch did not mention A SINGLE case of corruption associated with this new System. Go and read d article again, if you hv actuali even read it, that is. The Cases or Examples of Abuses Punch gave in the Editorial were solely those from 2003-2011 ie BEFORE this new System was introduced by NOI!! How d helll do you criticize a particular System by rehearsing Examples of d abuses of d previous System, esp when the whole purpose of d new System (the very reason we all shouted at d Govt to introduce it) was to eliminate, or rather reduce, d Incidences of the Abuses of d Previous System?? How the hell does that happen if it was not a deliberately attempt to mix up stuffs in order to hookwick d many gullible people that unfortunately abode in today's Nigeria? What is it if not a Piece of Propaganda; an Hacket job to sway Weak minds?? The Editorial even went afar as giving Examples of Abuses in d EEG Scheme; a Scheme that is very diff from the new Waiver Scheme they were suppossedly criticizing! And what is worst, d Examples given were also pre-2012. Punch also conveniently 'forgot' to mention that this same EEG that has been abused all along for years was even recently suspended by this same Govt in order to try to 'clean it up', yet Punch used Examples that happened years ago under the scheme to criticize a new, diff Scheme!! Does that seem fair to you? Do you chaps even hv Consciences any more?? And to think that d Sector-based Waiver Policy has even started yielding positive results: Nigeria's Non-Oil Export for the 1st 3months of this year was almost $3billion (over #300billion), which is almost same amount d country exported for the entire year sm few years ago; similarly, Nigeria's Import bill last year reduced by over #800billion!! Sectors such as Power, Aviation, Cassava, Cement, Oil palm/Vegetable Oil, Sugar, Rice, Mining, Telecoms, sm Manufacturing, are particularly benefiting from it already. Of course, Punch also conveniently left that out..... I HATE HYPOCRISY with every thing I got. And Lies; and Halftruths; and Distortions; and utter Desperation. In fact, I spiit on yaall. Ya Guts DISGUST me. I can't even properly convey how I reali feel at times at the Shenanigans of it all.

I doubt your level of intelligence. Punch has based its argument on the submission of the Comp Gen of Customs to the house in September. The man has stated that the country's treasury has lost billions of naira in revenue. That is enough for any individual to raise alarm.

Secondly, whether it is sector wide or on an individual basis is not the issue. The issue here is the abuse in the system. In the early 2000s mobile telephone service providers were granted import waivers for their equipments. That did not stop them from abusing the regime as there were cases of goods not covered by the waiver being smuggled. We have seen same with Coscharis who fraudulently included and imported vehicles not covered by waiver duty and tax free. That did not happen in 2009 as it happened recently.

Thirdly, please save your propaganda of how import bills are reducing, how exports are growing bla bla bla. I am a monetarist and I only need to see the actions of the CBN to know those figures are false and cheap propaganda. This year alone, it has consistently held on to a tighter monetary policy to save the reserves. It is devaluing the naira whilst putting in place thighter exchange controls. That is not a country reducing its import bills and growing exports. Such lies will only come from deluded humans like you.


Finally next time you write, use paragraphs and give spaces. You have written like one who is not mentally stable.

oyb: 1.5 m land use charge for a residence?

is this an ultra high value area

your landlord has fked you

http://xelpost.com/regex/understanding-land-use-charge-of-lagos-state-nigeria/



your 1.5 million has k leg






the whole land use charge thingy started in 2001 - i am struggling to imagine how 12 years unpaid land use charge will balloon to 1.5m

something is not right somewhere

http://landusecharge.com/

contact them - it may be some dirty shakedown

Possibly with penalties and interest for default.

taharqa: In fact, she pointed out that d temporary Revenue lost was necessary in order to protect local industries and ensure long term Industrial development in-country. She specifically reminded us that EVERY damn country that ever developed went tru this same path we are going tru today. So still asking me if I thought there were no Revenue lost cos of d policy, is simply Sillly...... Another Sillly question was whether I thought there was no corruption in the new System.

I'm sure you have a brain, so use it. Did Punch argue with you diddums that waivers are not economic tools? No, what Punch argues is the abuse that characterises the waiver regime in Nigeria as it has been used to evade revenue due to the treasury. That is the crux of Punch's argument.

That Okonjo and this her foolish media aide ignored the argument that the waiver regime has been abused and is still being abused to the detriment of the treasury says a lot about them. They did not address that bit in their argument. He foolishly went on to list the advantages of waivers. Who cares about these advantages when it is being abused.

Here comes Okonjo and this her mpiawa azu media assistant. Is it the same waiver regime Cosmas used in defrauding the nation?

It is completely foolish to defend this fraud going on. These guys lobby to get these things and even smuggle other goods not covered by the waiver.

I laugh at m0r0ns who say "Punch will go down". Before your sorry arses came into being, Punch has always been there. It is the most widely read in Nigeria and will continue to be. No amount of trash by Okonjo, Omokri and the other nitwits will change that.

DerideGull:


It hurts me because I had expected more intelligent prose than you otherwise presented, olodo.

Dede anuohia. No wonder you are frustrated because you cannot get a wife. Any woman that marries a mad dog like you is in trouble. Best thing you will do for yourself is to go to Ann Summers and buy one of those sex t0ys to help your frustration. Else you are doomed. Animal

Ovoko! Ovoko!! Ovoko!!!

So after commending these people, it turns out that President Jonadunce drank to miss a meeting ehn. Akabo le le O!!!

Another waste of public funds. Not as if any reasonable investor would have come from that meeting kpa kpa. But to drink yourself to miss a meeting. Ewoooooooo this is a mental case.

Better way of communicating, away from the olumba olumba strategy which Abati adopted.

Disclose and not conceal information. When information leaks it becomes difficult to manage, you then foolishly send lapdogs to spin when the damage has been done. How foolish.

I am sure Abati being a professional knew this all the while but the nkwobi he wanted to grab made him lose it.

I must commend him here as he seems to be learning. But that does not change the fact that ABATI IS A VERY UGLY MAN.

Rad1cal:

Stop yarning dung here, Team Rotimi claimed they had a video and produced just a bit of it.

Mimiko simply put them to task to release all the clip and prove to all Nigerians he participated in the voting process.

Team Rotimi should simply do the needful by embarrassing and shutting Mimiko with a clip showing he participated in the voting process.

Until then, you simply need to stop struggling in your quick sand of lies.

They are not under any obligation to provide more clips for you. They have brought a video to back certain points. It is not their responsibility to bring one to back Mimiko's claim. That is Mimiko's responsibility.

jmaine:

Every living soul including animals which we all are, has more worth than a decomposing and rancid smelling cadaver like you.


The sewers is where your inheritance is . .

Daftmaine, you better go and wear your pampers so you don't poo on your body.

Oh, I forgot, you are filth and scum so you don't need one.

GTFOH animal

donphilopus: Lol... You pass the guy

Lol that one na big m0r0n.

Rad1cal:

If you can't dispute mimiko bold dare and claim to prove he voted; by producing a full clip of the entire proceedings.

Then sir, i put it to you that you are lying and simply struggling in a quick sand.

Dull like Jonadunce.

If Mimiko says he did not vote, the onus is on him to prove that he did not. I did not vote for President Jonadunce in pitakwa where he had 100% in 2011. If I claim I did not vote, I will not walk to INEC to see the ballots. I will go through a judicial process for the ballots to show I did not vote. It is not in President Jonadunces responsibility to prove I did not vote.

Why is this difficult for Jonadunces to understand.

jmaine:

Cry indeed, na warm up we dey so . .


Let me replay my apt post again . . . .

I do not need to replay all for your worthless soul. You can have this part and dwell in it.

ballabriggs:

Take heart. Nothing can be done about your situation, it is entirely hopeless.

Filth, scum, it is what you are. MUHEHEHEHE Animal

Rad1cal:

dundee, Mimiko dared camp Amaechi to show proof he voted by providing a full video footage.

How did they arrive at 35 votes when in actual fact it was supposed to be 34. Amosun absentia and Mimiko abstaining .

i know APC e-cockroaches like you are not bright at all.

Mimiko abstained or he came out to say he abstained to put the integrity of the process into question. We have seen such lies before. It is left for him to request disclosure of his ballot through a court of law or move for fraud which is criminal. If he does not, we stand by the fact that he voted in that election.