₦airaland Forum

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Phuck off. Your battery is weak.

They look like angry oil marketers.

What exactly are people going to do at Ojota? The whole thing is beginning to attain comical dimensions.
Is N65 per litre worth this ridiculous display of madness? It is painful, but it is for the good of the country.

It is better for people to protest for total restructuring, the development of foundational tenets that would draw Nigerians together as a single cohesive unit, true federalism, an environment that ensures true representation and belonging etc. Is there no intellectual to give direction to the #Comedy?

Ojota has become the village square.

voltron:
What side of the bed did you wake up from this morning - better keep waking up on that side this year oooh        

Lol!

I always wake up on the right side of the bed. I saw this coming as a result of the subsidy removal.
The only way any man born of woman could cure the obscene levels of corruption in the oil sector is through subsidy removal. You get the peoples anger to rechannel and you stifle to flow of the cabals funds.

Many MUST go, no matter who they are or have been; past and present.
It is now our turn to hold the dagger and kill the winshes.

The removal of the fuel subsidy is gonna kill many big beasts.
Nigerians, we MUST stamp our feet down to ensure that it swallows up ALL the guilty. Nobody must be allowed to escape justice, Nigeria does not belong to any group of corrupt bastar'ds.

tayoTFC:
I just they imagine how ppl that vote /select GEJ would be hiden now,
he has no shoe before election , he was voted/ selected , now his shoe is oversize,
Nigeria is too big for GEJ to manage, that is my point let read your comment,

This is the road to nowhere.

The more you guys make such treasonable statements, the more you find derogatory names to call GEJ in your language (which no other group does), is the more rational people would think there are ulterior motives to every GEJ comment you make or action you take. You need to stand back and employ restraint.

Nigerians have never trusted their governments and will never trust their governments until they actually learn to own a stake in their own destinies.
How many Nigerians understand how the system works? I'm sure its less than 3%.

Until the average person educates themselves about how the country works and recoils in horror, they would continue distrusting and not being able to do anything about it. The solution to the question of trust is embodied in two simple phrases:

[list]
[li]Total restructuring.[/li]
[li]True federalism.[/li]
[/list]

Until we tackle the above, we will keep running around aimlessly.

Nigeria is just the piece of land our villages accidentally happen to be located on. We are neither a nation nor a country.

Let this thread add to the voices calling for true federalism and a citizen state contract that guarantees a sense of belonging to one and all.

Enjoy!

[flash=420,315]
https://www.youtube.com/watch?v=pknCNqB39qE[/flash]

sheyguy:
it is hard to believe u r still pushing the main scam to previous ministers and office holders in the oil sector. $300b to $1.3tr in 2 short years and those contradicting figures from petroleum minister shld be our main discussion. It is obvious the Govt agencies were overpaying monies out. What did they get in return? Who was the brain behind these payment scam? Do we also turn to our  attentiön to our LGAs and state govt while we do some 'phucking' job too?
Beaf quit this futile hussle of "Gej means well". Let's try to be more honest in our views. . .
Thank you.

Yes, everybody from 1970 should be jailed. Somebody set up NNPC (Nigerian National Oil Corporation before that) and people have been running its dark methods ever since then. It is on record that our oil industry has been incredibly corrupt since 1970.
You cannot jail those who are blowing the covers open, while leaving the architects of the monster intact; Everybody from Buhari to Rilwan Lukman, Tam David West etc should be jailed; if anybody is found guilty in the present times also, they too should be jailed. If there is going to be a cleaning, then let it be a thorough uprooting, after which NNPC should be folded up and binned.

The concentration on Abuja is quite daft, except it is about forcing state gorvernors and LG chairmen to deliver development with their awuf money, then any reasons for a so-called match are contrived and driven by some darker ulterior motive.

Aside the above, I will not join a match that is aimed at curing symptoms instead of the root of the disease. Corruption and wastage are not our problem; the real problem is chaos. And to fix chaos, you've got to totally uproot and rejig the system.

The only reasons I will match are:

[list]
[li]To restructure the country along the lines of true federalism.[/li]
[li]The creation of a new citizen-state contract that guarantees a sense of belonging to all Nigerians.[/li]
[li]A charter of rights for all Nigerians.[/li]
[li]To force LG chairmen and governors to deliver to the people.[/li]
[li]For the immediate passing of an undoctored PIB by the NASS.[/li]
[li]The abrogation of the land use decree.[/li]
[li]The abrogattion of the petroleum act.[/li]
[li]The streamlining of child welfare laws to totally eliminate underaged marriages and Core mutilation.[/li]
[li]Firm laws that criminalise the almajiri institutution.[/li]
[li]Laws that criminalise anyone abusing religion to steal from the poor or traumatise the weak.[/li]
[/list]

If all goes well, all Petroleum Ministers before now, NNPC bosses, PTF bosses. . . All who have been involved in the petroleum sector since 1970 will go to jail.
The essence of what is going on now is the forcing through of another fundamental piece of GEJ's restructuring drive; the Petroleum Industry Bill (PIB). It would not have been possible without the subsidy removal and it will be rammed through on the back of the revealation of scandals, as everyone flees for the nearest exit to save their skins.

LEXYLOV:
Is this a credible news or same same propaganda news from GEJ followers like Beaf and co It's hard to believe any news on nairaland nowadays without a good source,because Beaf and co have also polluted the Sahara reporter and hijacked their website as well. Hope this is a true news

Where you born a fool or what?

As far as I'm concerened, this is an opportunity to level all high ranking police officers. If we need to bring in foreigners for a couple of years to run our police, then so be it. We can't get anywhere with the current crop of phuckers in our police force. The same needs to happen to the customs and civil services.

Maybe we should even kill some of these people.

Nigeria is a strangled country that is phucked and counter phucked from all sides.

They are protesting proposed anti-piracy laws on the floor of the US Senate that could gag the internet (both freedom and entrepreneurship).
The protest will be over in a few hours from now.

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ARES is damn right. 90% of the #Occupy people were ignorant to criminal levels and not fit to comment on anything outside of their kitchens, all they were concerened about was that fuel MUST cost N65 per litre. It didn't matter that the whole edifice was driven by cringeworthy levels of corruption. They didn't give a phuck about Nigeria or its future.

sheyguy:
I knew oga beaf will summon the courage to spin things in oga patapata Gej's favour.
Let them do the right thing by carrying out a fvll and thorough investigation on all the aspects of our crude oil and energy industry. GEJ definitely benefited from this subsidy thing, if not he would not be acting the was he is acting.

It is instructive that you have not been able to counter a single word of what I said, but thats because you are too stup!d.
Learn to think critically so that you can make intelligent comments, and not just spew rumours that only id!ots would give time of day.

reindeer:
It's been amazing reading all sorts of rsponses to these thread.
1. Ethnic bigots jumped to her defence claiming ''afterall there are corrupt people from all corners of the country''. . .hmm . . .well you're right but you forget defending these thieves get you nothing. Those kids don't and will never know you exist and in fact,their security men will probably run you off the road if you were to ever impede their movt in traffic. Defending them may satisfy your ethnic leanings but does nothing for you or your generations.
2. Some have rightly showed the pictures in themselves are inconclusive of graft, yes, but if you were to use the freedon of information act and demand for all salaries paid to this family since they ever started working and whether it can pay for all they've acquired. . .well that's up in the air.
At the end of the day, a few will live in stupendous opulence while their defenders will remain poor or if they at least manage to have a little, will fend for extended family.
Corruption has no ethnicity, corrupt people should be everyone's(and i mean all right thinking people) enemies. No justification, no excuse should be made for corrupt people because eventually they hurt us all.

Is the bolded the reason why most of you pushing the odious campaigns against Deziani and Iweala are core-Northerners?
Bruv, who do you think you are fooling?

ephomoghia:
These guys are head bent on getting back at this woman minister because she has really disrupted the plans and the interest of the cabal some of these law makers are protecting, they use every avenue to advance this hidden agenda of theirs.
Are these self serving lawmakers oblivious of what had been happening in the NNPC before now? now that the minister had written to EFCC to conduct investigations they are aligning themselves to score cheep political points. If they so love this country their oversight functions was supposed to have pointed these irregularities in the NNPC and now stand far and must stop dictating to the EFCC to perform their Statutory duties and wait for Nigerians. Because no matter their pretense we know that they are as corrupt or even more corrupt than the NNPC and any Nigerian that relates and listens to these bunch of thieving law makers still does not know who the real enemy of the common Nigerian is,  Be guided

Thank you jare! There are so many self serving people in Nigeria that wake up and make statements against those that are chopping up their corrupt means of making filthy money.
Where was this senator before now? The fraud in NNPC has been going on since 1970.

nakedall:
Truth be told, BEAF no dey here. he collected own share already.

Dude, please keep me out of any expression of your stup!dity and vacuousness.

@topic
The old vultures and their goons will keep trying to go after Deziani, because she is destroying the avenues through which they had been sucking the blood and vitality out of Nigeria for bloody decades. We will not have it anymore.

Importing crude oil!
If unu like, don't get behind GEJ, keep fighting your enemies battle to keep you down, keep being on the side of evil.
Imagine Nigeria importing crude oil and some lazy phucks where #occupying for N65 per litre fuel! There are many more things we will hear, believe me, the news is still coming. Thank God for GEJ.

I hope this serves as a lesson to many. Know your country before embarking on a useless mission, lest you destroy yourself and impede the person trying to save you.
Nuff said.

I am glad that we can now begin to see under the covers. We can begin to see the shocking depth of what has been happening in the oil sector, wiser ones will begin to understand why it was so difficult to publish and act on the KPMG audit that govt had ordered as a means to clear the mess.

The reason why many of us supported the immediate removal of the subsidy has now become visible to all; it was cover for all sorts of mind boggling stuff and it has been going on for decades. All the while, the innocent have been wiped out by bullet or pollution in the ND and the average Joe on the street is suckered with N65 per litre. The only option left for a well meaning govt was to kill off the entire system.

The depth and breadth of the corruption around NNPC is becoming public knowledge, but there are much much worse revelations to come. Short of sacking the entire civil service, customs, NNPC, PPPRA, police army and navy, how could anybody cure the mind bending thing that is being revealed to us? GEJ, Iweala and Deziani have done very well in erasing the subsidy regime.

I know there is the usual crowd of haters here, weaving stories that would make stup!dity proud. If a govt abolishes a system, it is because they wish to levy sanity. Any other interpretation is for cretins with their usual lack of analytical skills.

The covers on the dimly lit and impenetrable operations of the oil sector are being exposed to public glare for the first time. And we have GEJ to thank for it.

Korrection:
sounds meaningful but sometimes her cheek confuses me, she looks like madam okonta, my primary school madam that flogs hell out of your brains, such cheeky looking people no get joy oh , she sounds nice but her face is my problem, might continue to flog our economy to hell, only God go save us,

Abeg, make una no take laf kill pesin o!

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Dude, please take a look at this thread titled, "We Have Work To Do - Cities With Higher Gdp Than Nigeria:" https://www.nairaland.com/nigeria/topic-500596.0.html
We are not nearly diversified enough if that is happening.

GAR3TH:
Their is nothing wrong with the democratic representative system we have now, its the same system used in the USA and many other progressive countries, the real problems are the moronic leaders we keep electing over and over again and thats what really needs to change. Nigeria can get no were without strong viable leaders who are corruption and mismanagement free. Leaders like fashola, chimes, amaechi, duke, Oshiomhole, obi. Leaders like those are the ones we should be electing and not the visionless fools who are in power today

the only other thing that is wrong with Nigeria is our administrative system, why do we have 36 states and 774 LGAs and tons of pointless political position when the same thing can be done with just 18 states and 300 LGAs. Its just sickening. if you want to then change the border layout, add ebonyi to enugu state, add anomie state to Anambra State but what ever you do dont create more. Creating more state means more bureaucracy, more political salaries, more corruption, more of the budget being spent of recurrent expenditures etc.

On the issue on taxation, the FG can make revanue from taxing, If states can do it why cant the fg? IGR accounts for about 60% of lagos state budget and is expected to grow as our economy grows and more people pay taxes. It won't be long before 80 then 90 then 95 percent of lagos state budget comes from IGR. So if lagos and other state governments can generate funds from taxes why cant the FG do the same, the same way that you pay federal, state, and local taxes in the USA and UK why cant it be done in nigeria, We have a growing diverse economy so why not?

You have got it quite wrong. We are used to the shambolic structure of Nigeria and cannot imagine that the structure could be more efficient and productive.
The UK practices a parliamentary system which is very different from the government Presidential system of the US. Also, the UK is a unitary state, while the US is federal.

The Nigerian system is closer to chaos than it is to any known political system on Earth. Everything about the Nigerian system negates itself, cancels out growth and punishes the citizen. We have no national philosophy that moulds the national psyche and determines the role of the citizen.
America practices a federal system based on philosophical tenets the ordinary citizen can identify with; freedom, liberty, and the American dream that anyone can aspire and become great through boundless opportunities. The UK's philosophy is based on the stiff upper lip, Queen and country and British Excellence. What philosophy is Nigeria based on? What is the definition of "Nigerian?" We have no national ideals. What can the average key into to feel a belonging to Nigeria, to feel appreciated and valued by their country? What is there to bind Nigerians as one unit in a quest for development? A country without a national philosophy, is a country without a plan.
In Nigeria our philosophy is, "anything goes;" we wait for a problem to develop, then patch it with cellotape or mud, only to wait for the next.

To give some examples of Nigeria's chaos, states and LG's were created, not based on their productivity, but by their population. In other words, all you need as a state or LG is too have a randy population to increase the share of the Abuja cake. Governors need not lift a finger, LG bosses need not turn up for work. It is institutionalised indolence and no country can ever develop from such a mess. To compound matters, the FG holds all the keys to the oil funds in a pyramid of patronage that naturally breeds corruption, easy money and an unwillingness to change the failed system.
Those who do not have direct access to oil funds are paid to keep quiet, the NASS with their huge wages and the common man with N65 per litre fuel. It is pure evil.
It goes without saying that neither Washington nor London funds states, counties, LG's or municipalities.

It is not enough to wish Nigeria well, we must all actively call for total restructuring from the ground; not the stone-headed, retrogressive subsidy "revolution" type, but a call for true federalism and a new citizen-state contract that will guarantee every man, woman an child a sense of belonging and the feeling that they are valued. We must call for an uprooting of the current chaotic system to be replaced by one which guarantee's regional autonomy, self-reliance, rewards for sweat and innovation; and one that requires that the federating units fund Abuja, instead of the other way round.

Kingoflag, why not go display all this aggression at Ojota? Boyz are waiting there for una type of internet warriors. Sebi, you be king of Lagos?

GAR3TH:
And the only reason the FG, not the economy, but the FG relies on oil is because they do not tax. The FG DOES NOT RELY ON OIL, if oil ran out tomorrow they can easily switch to a tax code system, like the on in the USA and UK , and gain revenue that way because we have a large non oil dependent economy. The reason the fg uses oil is because they want to not because they have to.

The point is that Nigeria is currently totally reliant on oil, that is the argument we are having.
Diversifying the economy is a future dream.

The FG can never make money from tax, with the way it is currently structured (which is why I would have loved to learn why you think we are politicaly stable).
The FG is structured for exploitation, indolence and parasitism. It is no coincidence that we have spent most of our 51 years retrogressing, while nations of a similar age (eg Malaysia and Singapore) have since become developed. It is also no coincidence that Nigeria is corrupt.
It is an area that those like you who hate me are loathe to hear. Regardless, it is the truth and the truth is painful, most NLers haven't got any understanding about how Nigeria works and the fact that the entire system is terribly sick, dying and needs fundamental changes that are painful.

GAR3TH:
Are we talking about the foreign exchange, NO, are we talking about government revenue, NO, we were talking about the economy as in GDP!

http://www.vanguardngr.com/2012/01/non-oil-sector-to-drive-nigerias-gdp-growth-in-2012/

http://www.thenationonlineng.net/2011/index.php/mobile/columnist/31384-reforms-and-government’s-moral-burden.html

You are talking about GDP? lol!
Basically all of the FG's money comes from forex and 95% of that is from oil. Neither the states, Fg, nor the LG's can survive without 95% forex from oil revenues; its what makes up the money in Abuja. So what is the difference between the FG's forex supply and the FG's revenue?

I quoted from CBN and you've countered that with quotes from the Vanguard and the Nation newspaper. Don't you think that is rather odd?
Dude, its like countering a physics text book with hearsay from the market.

@Gareth

Abeg, tell us the mysterious sources of Nigeria's revenue, cos you guys love creating fairytales.
Don't forget to give us details of Nigeria's political stability and why some fools have listed us as a failed state since 2006. Maybe your wisdom can save the day.

GAR3TH:
Beaf, I and many forumers have long lost respect for you, if anything you are the joke. Your not even a real nigerian and your over here and there talking trash.

whats so hard to believe, its facts, you can look it up.

When you people are caught talking crap, you reach for cheap escape routes. Who cares for your respect?
All that is demanded of you is the plain truth, not lies and escape routes.

Oil makes up 90% of our forex earnings. That 90% is what goes into the foreign reserve, federation account, CBN and FG run accounts. Oil also makes up about 95% of the FG's disposable income. It is the FG's disposable income that is shared between Abuja, the states and LG's.
Oil is Nigeria's everything.

From the Central Bank:

The Nigerian economy is import dependent with very little non-oil exports. It relies heavily on crude oil and gas exports with other sectors trailing far behind.
For example, crude oil accounts for about 90 per cent of foreign exchange earned by the country while non-oil exports account for the balance. The economy is, therefore, susceptible to shocks in the oil industry. In recent times, these shocks have been caused by either developments in the International crude oil market or the restiveness in the Niger Delta region of the country. Agriculture and other mining (besides oil and gas) have been abandoned to the rural poor. Economic and social infrastructure, especially power is grossly dilapidated. The power sector is generally recognized as a binding constraint on Nigerian economy. Poor corporate governance, both in the public and private sectors have led to high incidence of corruption and inequity in income distribution.

http://www.cenbank.org/OUT/SPEECHES/2010/GOV_CONVOCATION_LECTURE-IGBINEDION-UNIVERSITY-OKADA_2010.PDF

Challenges of Managing External Reserves

Volatility of Foreign Exchange Inflow
Nigeria’s dependence on oil for over 90% of its foreign exchange earnings makes its capital account vulnerable to the fluctuations in crude oil prices. This, in addition to its high import bills contributed to the fluctuations in the level of reserves over the years and consequently the way the reserves are being managed. During the oil boom of the mid-seventies which has resulted in the build up of reserves, the external reserves were diversified into an array of financial instruments including foreign government bonds and treasury bills, foreign government guaranteed securities, special drawing rights (SDRs), fixed term deposits, call accounts and current accounts. This provided significant investment income as well as liquidity. However, during the glut in the global oil market which led to collapse in the crude oil prices and consequently a drawdown in the reserves, the reserves were held mainly in current accounts and treasury bills. This underscored the need to diversify the sources of foreign exchange inflow of the country.

http://www.cenbank.org/Intops/ReserveMgmt.asp

GAR3TH:
And does Nigeria depend on only 1 resource, oil? NO. does Nigeria have an unstable political system? NO. Does Nigeria have a diverse economy? Yes. Do state government budgets consist of IGR? Yes. do Nigeria have free will to vote for whom they want? yes. So how is Nigeria a banana republic.

I think people need to get this oil syndrome out of their heads because their are many other sectors that make up the bulk of nigeria's economy. How can you say that oil, which only makes up 14% of our GDP, makes us a banana republic?

IGR makes up about 60% of Lagos state budget, how can you say that they fully depend on oil? Fact remains that yes oil does make up the bulk of nigeria's government revenue, but if oil finishes tomorrow there are other sectors in the economy that they can easily tax to make up for the lost funds

The above is a joke, especially the bolded. How can so much be made up in a single paragraph?

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Dude, take your scrawny chest with its two reddish hairs to Ojota for a firsthand experience of the military butt grinder. You could take some OPC peeps with.
By the time you return, the hypocritical use of "aluta" would have been forever erased from your straightened mind. So far, your reeducation has been too mild.

^
Kwara state has almajiri's, and they are always recruited for political or religious reasons. That seems more plausible to me, because parents generally wouldn't take their kids rioting, especially not with petrol and matches, and almost definitely not when the target is the President.