₦airaland Forum

jason123:
Oh shut your mouth. Being educated does not translate to common sense. You are not deceiving anyone but yourself. Anytime you see Fashola doing well, you go rabid yet YOUR own state governor has done NOTHING! Its only you I see praising a man who has not used more than 4 months in government, to govern Nigeria. For your info, I don't support Tinubu (check my comments about him)but YES(resoundingly) I support Fashola. Why? He(and a few others) is the only one bringing VISIBLE development in Nigeria[b] NOT[/b] newspaper development. He has built the Falomo bridge and there is nothing you can do about it. If other Governors and past presidents can OVER-inflate contracts but do the work, do you think Nigeria will be in this state by now? Obj pumped 16 billion Dollars to power Nigeria. Is that not over inflated? Did he fix our power problems? NO! GEJ is about doing another ID scheme coupled with the removal fuel subsidy. Do you think it will fix our logistical/Identification problems and Oil bunkering, respectively, in Nigeria? (we shall see).  

If you hate the bridge so much, don't use it! In fact, avoid the bridge and Falomo altogether. Problem solved!

Nigerians do not know the value of what they have until they lose it!

It is heartbreaking to witness these "he is my thief" style arguments. It always makes the proponent seem like they are arguing from a prejudiced point of view. If you see corruption anywhere, shoot it down and stop attempting to justify by saying, "oh everybody does it, nutin spoil."

[size=14pt]@djustice[/size]

Here is another interesting thread for you https://www.nairaland.com/nigeria/topic-774228.96.html
People need to be told the truth about how the web of corruption operates.

I wonder why our pet monkey keeps asking for substantiation when he and his master, Gbawe cannot even give answers to to precise figures and months. Lol!

Bros, for your info, Aregbesola lives in Alimosho in Lagos. He spent only two days in Oshun in June and just five in July and refused to budge from Lagos for an extended period up into August; I believe he didn't visit the state at all in April (I could be wrong).

^
You will find that every attempt to derail this thread by behaving like an area boy will fail. If you like, dig the worst from the gutter, we will still ask the pertinent questions and demand an end to abysmal neglect of duty in Osun and thuggish interference in Lagos.

. . .Rewind. . .

Which other governor is seeking a 50billion loan to cut grass and catch squirrels?
Again; Aregbesola is easily the worst of our governors, and by a very long shot too.

^
Bruv, why are you calling my name na?
Do you think cutting the Presidential fleet will save 1.2trillion? Do you really have an idea of the jaw-breaking amount 1.2trillion is? Even if all the planes are grounded and the President starts sharing okada's with you, that would hardly make a dent in the sum we are discussing.

How do you propose to cut down legislators salaries? You tink say na beans? Those people make the law and have the clout to either set their own salaries or influence the amount. They prefer to milk the country instead, and short of rioting there is nothing anybody can do. So, if you are not prepared to riot and make sacrifices for your rights, its best not ask questions or make suggestions that are ridiculous. If you are prepared to die for your cause, then call me, until then please don't waste my time.

Mr becomerich, when did you become Uche?

[size=14pt]Social safety net[/size]

Although government touts the introduction and implementation of social safety nets as mitigation for removal of subsidy, Nigeria’s intriguing history is replete with such failed enterprises. In an exclusive interview with Sweetcrude, Diezani Alison-Madueke, the Minister of Petroleum Resources disclosed that government was working on palliative measures to replace petroleum subsidy which she emphasised does not serve the purpose for which it was intended.

She said the government designed an effective social safety net system to ensure that the massive volume of resources expended on subsidy payments annually is ploughed back to the provision of essential social/health amenities and services to the common man.

“The package would help guarantee improved maternal and child health services while also providing conditional cash transfer scheme to pregnant women in the country, a package which as you know is unprecedented our history. There is also provision for primary school feeding programme, youth employment package which also entails what we call active labour market and public works programmes for youth.

“The novel scheme also allows for electricity rebate, fuel voucher, equipment voucher among other items. Though details of the overall cost implications are being finalised by the Ministry of Finance, suffice it to say that experience from abroad suggests that to establish an effective national safety net system in a country as large as Nigeria would require capital outlay of $100-$200 million annually for 3-4 years window depending on the envisaged design.

As a first step, focus would be placed on designing the outlines and establishing a national registry to allow beneficiary identification. And later the focus would shift to the Attention of other relevant building blocks which would spell out the conditions for eligibility, enrolment etc,” She enthused.

http://www.vanguardngr.com/2011/10/fuel-subsidy-finally-government-shows-ourage/

My mind is a bit shaky on this, even though I think the plans are beautiful. I hope we get more detailed info soon.
For now, it looks visionary and promising. Other countries have achieved similar, so why can't we?

The above plans imply that a central database of citizens would need to be developed. Not a bad thought.

[size=14pt]FG to scrap excess crude account for SWF .[/size]

Thursday, 06 October 2011 00:00 TUNJI OLAWUNI, ABUJA    . .

The Federal Government plans to end the operation of the Excess Crude Account, President Goodluck Jonathan has informed the National Assembly.

President Jonathan in the 2012-2015 Medium Term Fiscal Framework he sent to the National Assembly on Tuesday, admitted the illegality of  the Excess Crude Account and said extra budgetary revenues would now go to the Sovereign Wealth Fund, which the state governors had wanted run side by side the Excess Crude Account.

Jonathan said in the letter to both chambers of the National Assembly, that: “The NSWF (National Sovereign Wealth Fund) will manage Nigeria ‘s excess earnings from crude oil. The current administration stated the current Excess Crude Account has no real legal backing, since it was formed under a political arrangement from the previous administration.

“In continuation of the adoption of an oil-based fiscal rule, oil benchmark prices significantly below the current market prices, will be adopted for the 2012-2015 period. Revenue in excess of the benchmark price, will continue to be set aside in the Sovereign Wealth Fund (SWF).

“The SWF, which formalizes the ECA, was designed to guarantee savings for future generations, to promote the development of critical infrastructure, thus promoting growth and diversifying the economy and to protect the budget against negative oil price shocks.”

Jonathan however explained that in the mid-term framework, government would adopt a gradual slash in recurrent expenditure and concentrate on completing on-going capital projects.

In the letter and for year 2012, N2.581 trillion is budgeted as recurrent expenditure while N1.319 trillion will be spent on capital projects.

The president explained further to the lawmakers, that recurrent expenditure was pushed up by the new minimum wage including increment in wages of medical personnel across the country, and that of the Academic Staff Union of Universities (ASUU).

He said: “Government will also continue its strategy of fiscal consolidation by which expenditure, particularly on recurrent spending, will be reined in and directed to its most productive and growth-enhancing use while efforts will be intensified to increase revenue…

“To correct this bias, government is implementing a four-year capital project plan, commencing in 2012, which will ensure that we exit from the current portfolio of on-going projects.

“The reduced size of the 2011 Amended Appropriation Act, relative to the 2010 budget, signals government’s intent to scale down its spending, from the highs reached in recent times, largely due to the fiscal stimulus extended during the peak of the global economic crisis and the recent increase in the wage bill”.

“In recent times, the outlay on recurrent spending has outstripped the growth of spending on capital projects. This increase can be attributed largely to the rising wage bill, an outcome of the increase awarded to civil servants, medical personnel,  ASUU staff, etc.

“The 2012-2015 period, will focus on correcting this structural imbalance in our expenditure profile, thus ensuring that more funds are allocated to critical infrastructure.

“The report of the Expenditure Review Committee, which concluded its work in April 2011, will provide a starting point for this key initiative. PPP funding for infrastructure projects will also be pursued aggressively.

“The share of recurrent spending in aggregate expenditure, is set to decline from 74.4 percent in 2011 to 72.5 percent, in 2012, while capital expenditure as a share of aggregate spending is set to increase from 25.6 percent to 27.5 percent in 2012.”

http://www.businessdayonline.com/NG/index.php/news/76-hot-topic/28212-fg-to-scrap-excess-crude-account-for-swf

Why would you repost a topic thats already be posted for days and is already on page two? https://www.nairaland.com/nigeria/topic-775113.32.html

Its so sad. There are two men whose vision has driven the PC into every home and made mobile computing all pervasive. They are Steve Jobs and Bill Gates.
I wonder what will happen to Apple Inc?

90% of the responses on this thread pander 100% to emotion and sentiment only.
Why would anyone attempt to discuss technical matters from a sentimental viewpoint?

The sad truth is that most people have no clue about how the so-called fuel subsidy operates, they are just reacting by instinct and trooping after the bandwagon.

First, it's an indiscriminate way to spend valuable resources. The rich, who could pay more for fuel, benefit as much as the poor, who often can't.

Many of them are still waiting for the subsidised bus service which ministers have introduced instead.

Second, so much cheap fuel has been smuggled out of Nigeria, for sale at a handsome profit in neighbouring countries, that the government is forced to import more at a higher rate - another drain on the government finances.

The situation creates a lucrative business for importers, who are often said to have a hand in the poor state of Nigeria's oil refineries.

Instead of processing Nigerian crude, many of those refineries stand idle. Simple repairs are apparently never quite finished and in places where fuel is scarce, traders can charge way above the official rate.

http://news.bbc.co.uk/1/hi/business/3077049.stm

Simply put, some of the very same folk who import our fuel at below market price, simply ship it out to neighbouring countries to sell at above market price and leave the country to have to import yet more fuel to fill the shortfall in an ever expanding vicious cycle. The average Nigerian is put to sweat like a jackass for the fuel importing / smuggling industry. These people have also formed themselves into a powerful mafia that ensures that our refineries are always sabotaged.

We all complain about the staggering amounts it costs simply to run govt in Nigeria and how little is left for capital expenditure; yet the 1.2trillion spent annually on fuel imports is a quarter of the entire proposed 2012 budget. That money could be put to much better use.
1.2trillion is a great deal of money, I would expect that our arguments here would be on the best ways to police that money to ensure that it doesn't disappear into private pockets as in the past; to that end, we must all endeavour to have more than a cursory understanding of the Sovereign Wealth Fund as an investment engine, value adder and wealth producer, we must also ask diligent questions to probe the exact meaning of the proposed safety nets for the less privileged.

Removal of the subsidy, if done right, will actually lead Nigeria to gallop ahead developmentally:

A non-inflationary expansionary policy that increases transfers to households would have the least negative effect on poverty. To achieve this goal, government spending of associated savings needs to increase purchasing power and raise production so as not to stimulate inflation. Wasteful projects which do not add much to the country's productive capacity should be avoided.

Two areas that would benefit from more expenditure are transportation and electricity. Investments in transportation infrastructure would dampen prices in the economy as transportation costs are reduced. An improvement in electricity generation will also have a large impact on production levels and costs in the country. Presently, many firms are seriously constrained by the lack of electric power for production. It should kept in mind, however, that such investments will take years to materialize.

http://www.globalsubsidies.org/en/subsidy-watch/commentary/does-subsidy-removal-hurt-the-poor-the-case-fuel-subsidies-nigeria

This is just a time for each of us to look within, banish sentiment and become vigilant of the tiniest detail. Sentiments do not develop a country.

maasoap:
Aregbe doesn't live in Lagos but visits Lagos frequently. We, Osun people have no problems with that in as much as he's fulfilling his promises. 20,000 employed in February and the truth is that they cut grasses/weeds and sweeps the streets. But the programme is taking shape now in the sense that some are now being deployed to new ministries. NCE & OND certificate holders have been called to present their certificates. Graduates who studied Agricultural related and Computer related courses have high hope with the programme. He's taking steps towards solving problem of unemployment in the state. Remember, PDP won in all South Western states except in Osun State during presidential election and if you didn't know why people of Osun voted ACN, it was because of him which means he is still in touch with his people and their needs.

The bolded is well known. What is strange about it, is that is has been hyped as successful govt policy; every state employs people to cut grass as a matter of routine; it is ridiculous that he claims it to be some big policy.
So far as well, no state gov has gone so far as to seek a 50billion loan to aid in grass cutting, only Aregbesola has. Its like a joke!

Bros, for your info, Aregbesola lives in Alimosho in Lagos. He spent only two days in Oshun in June and just five in July and refused to budge from Lagos for an extended period up into August; I believe he didn't visit the state at all in April (I could be wrong).

This bridge looks quite funny for 2.5billion.

https://vml1.s3.amazonaws.com/wp-content/uploads/2011/10/Falomo-bridge.jpg

Unfortunately, such things come with development. Any country thats serious about tackling crime in the information age would need to develop capacities to monitor phone networks and the internet. Its the only way to keep a step ahead of modern gangs, dissidents and subversives.

The pic says:

[list]
[li]There are 5 Northern ex-Heads of State (4 of whom were coup plotters)[/li]
[li]There are 2 Southern ex-leaders (1 was a coup plotter and the other lasted a couple of months)[/li]
[li]The President is dressed in SS style, because he is the first from the SS which provides the countries wealth and has suffered numerous episodes of bloodshed to the extent that Hilary Clinton once described it as a place under occupation from the rest of Nigeria[/li]
[/list]

On the frivolous side :
[list]
[li]Somebody should have told the man in the background to buzz off, since he has never sat on the highest seat[/li]
[li]Gowon and Shonekan look exceedingly happy[/li]
[li]Buhari is the tallest, followed by Shonekan and GEJ[/li]
[li]IBB looks very very frightened of Obj [/li]
[li]GEJ and Abubakar have the largest feet (babes, please analyse this) [/li]
[/list]

^
Na wa o! Man de fear!
The damn things must be like tree trunks.

The official figure for the number of almajiri's in Nigeria has been 9.5million. It is a very frightening number thats higher than the population figures of two thirds of the countries in the World.
The truth is even worse when you realise that the figure of 9.5million has been in place since 2006. Without doubt, that figure cannot be static and would have grown with increasing levels of poverty and an increasing population. My unscientific guess is that the true figure lies somewhere between 11 and 20million.

lateef4me:
Beaf go kill me with laughter ohhhhh

My guy, see how these people just came and messed up the thread with all sorts of disconnected issues.

Obiagu1:
Impressive but I have my reservation.

What happens if they go back to militancy? Nigeria will be battling a group that have an Army, a Navy and an Air-force.

Don't even think about it! It will be really ugly, but I do not see the ND returning to militancy, especially with the far reaching reforms going on in the petroleum sector.

ALADE4J2:
Thank you very much. It appears we have many forensic auditors on NL. The cheque is forged.

Though I know that the governor in question is very corrupt, but [size=14pt]the truth must be told in a TRUTHFUL way if it is to be called the truth[/size]. You don't have to support facts with forgeries.

The transaction took place= fact
The cheque displayed was used for the transactions= forgery

Exactly!
I don't understand why anybody should be so desperate to the point of lying and presenting forgeries. It is disgusting, but that's from the political party that would have us believe they are "progressives."

[quote author=Rhino.5dm link=topic=774664.msg9283462#msg9283462 date=1317844174]Why is oceanic bank NOT crying foul if the cheque was forged? Do you think they will just sit down and allow anyone to forge their chque without making a court case?

Your claim is lame and very daft to think oceanic will just allow SR to forged and display their cheque without taking neccessary actions.

Is not everybody that can buy your mooronic spin. keep on making yourself look very stuupid over NL.[/quote]The very same reason the Presidency didn't bother with the forged picture below. Every sane person is dismissive of Sahara Reporters and their childish forgeries:

http://saharareporters.com/photo/photonews-jonathans-declaration-when-jonathan-women-met-goodluck-men

www.nairaland.com/attachments/324341_SaharaReportersFakePicture_jpg69a0b6e4ad1c8831fa731bd73bb022d2

Gbawe:
My brother, trust me when I say Beaf is a failure and sad loser who sits joblessly in his room formenting fantasies. He gets more deranged by the day. The crap he wrote above is complete nonsense dragged out from the dark corners of his fried brain. Totally comical shite from a Yoruba wannabe who thinks he knows Yoruba land and its politics because he speaks the Yoruba language. Dude knows nada about the ACN and only a fool will take a wannabe like him seriously.

Only a mad man, totally obsessed with Yoruba folks, would write what we see below considering we have many despicable neanderthal Governors not fit to even lick the boots of Aregbesola. Abeg, when did Aregbe overtake grossly corrupt misrulers like Orji, Uduaghan, Nyako, Jang  (many,many dead due to his incompetence) et al for this wannabe to make this insane conclusion? Caveat emptor!!! Discuss with Beaf only if you like talking to mentally deranged individuals. Only a mad man ,for example, will conclude that Aregbe is worse, "by a long shot", in comparison to a governor who has watched helplessly as violent crisis took Nigerian lives i.e Jang. Beaf, drop your obsession with us. You are not and can never be a Yoruba man even as it is now obvious that this is what you want most in life with your 24/7 focus on what we do.

Nwannem, Ogini di? --Beaf has been scared into speaking another language --

This is a very childish response to a gravely serious issue. The same thuggish theme runs through your posts as through demdem's and Eko Ile's. Why? I really do not believe that is what your party, ACN stands for. Your outburst might appeal to those afflicted with the basest instincts, but the objective ones amongst us can see you are really striving hard to dodge the issue with these weird diversions. Please lets stick to the topic and avoid childish outbursts that result from the rage of being exposed; thank you.

Your post above contrasts rather sharply with the feelings expressed on this same page by an Osun state resident. I will leave you to ponder her words:

ifffffy:
We hate u in osun, aregbe, u are worse dan we even think. Today in lagos, 2morow in china, next week in saudi, wen is al dis going 2 end, neva stayin in office. Useless thing.

Pretty strong words and very strongly expressed feelings.

I believe that your rage was stirred by the post below, because you well know that what you think is secret can be divined by x-raying the contents of the sentences below. They are like the door to a hidden shocker. Its a pirate empire, cut Aregbesola and Tinubu bleeds. Lol!

Beaf:
Aregbesola's downfall is going to come from the upcoming Lagos LG elections where he has imposed 35 people to be returned unopposed. Already, there have been near riot situations with loss of life, there have been numerous demonstrations against the impositions and people have been angered to the point of invoking evil spirits at Isolo.

Lagos is not even his state, its Fashola's tuff. One thing is clear, Fashola is doing a great job and doesn't need the phucker.
Aregbesola's current rude intervention into Lagos politics is not his first either; when Fashola was choosing his commissioners, Aregbesola popped up and imposed his list. Governor of another state? Strangely, Aregbesola did not even have plans to have commissioners of his own at the time.
Aregbesola is Tinubu's riot squad against Fashola and he has taken the task to heart so much that his own state is abandoned. Well as far as governance is concerned anyway, because Osun states money is being used for contracts to keep Lagos boys happy and maintain influence for Aregbe.

Its a really sad story.

Why does Aregbesola, governor of Osun, live in Lagos?
Why should Aregbesola be so involved in Lagos politics to the extent that lives have been lost?
Fashola is the governor of Lagos state, while Aregbesola was voted as governor of Osun. Lagos is Fashola's turf.
I wonder why you spend your time denying things Aregbesola has openly claimed in black and white? Its not very clever.

Which other governor is seeking a 50billion loan to cut grass and catch squirrels?
Again; Aregbesola is easily the worst of our governors, and by a very long shot too.

Probably Tinubu.

Eko Ile:
I can't even be bothered that worthless swamp rat,

People pay him too much attention, Why? I don't know.

People show interest in me, cos I'm damn smart and they just wanna squash you, cos you're phucking stup!d. Lol! Dude, you are like a bacterial or fungal infection chocking NL. . . dafter than Aluwe's donkey, stup!d as a stone.

Aregbesola's downfall is going to come from the upcoming Lagos LG elections where he has imposed 35 people to be returned unopposed. Already, there have been near riot situations with loss of life, there have been numerous demonstrations against the impositions and people have been angered to the point of invoking evil spirits at Isolo.

Lagos is not even his state, its Fashola's tuff. One thing is clear, Fashola is doing a great job and doesn't need the phucker.
Aregbesola's current rude intervention into Lagos politics is not his first either; when Fashola was choosing his commissioners, Aregbesola popped up and imposed his list. Governor of another state? Strangely, Aregbesola did not even have plans to have commissioners of his own at the time.
Aregbesola is Tinubu's riot squad against Fashola and he has taken the task to heart so much that his own state is abandoned. Well as far as governance is concerned anyway, because Osun states money is being used for contracts to keep Lagos boys happy and maintain influence for Aregbe.

Its a really sad story.

^
So you want me to condemn without reason?
I can't even understand why you are equating the Sovereign Wealth Fund to state govts, they are very different things with no relationship between them.

^
We might be pleasantly surprised. Remember that the massive reshuffle that brought in Ihejirika was likened to a coup; there's no reason why it can't be done again with boko haram as the reason.

peckhamboi:
Rank   State   GDP (PPP$)

1   Lagos State   33,679,258,023

2   Rivers State   21,073,410,422

3   Delta State   16,749,250,544

4   Oyo State           16,121,670,484

5   Imo State           14,212,637,486

6   Kano State   12,393,103,864

7   Edo State            11,888,446,884

8   Akwa Ibom State   11,179,887,963

9   Ogun State   10,470,415,017

10   Kaduna State   10,334,763,785

11   Cross River State   9,292,059,207

12   Abia State   8,687,442,705

13   Ondo State   8,414,302,623

14   Osun State   7,280,597,521

15   Benue State   6,864,209,262

16   Anambra State   6,764,219,562

17   Katsina State   6,022,655,197

18   Niger State   6,002,007,080

19   Borno State   5,175,165,142

20   Plateau State   5,154,059,937

21   Sokoto State   4,818,615,261

22   Bauchi State   4,713,858,180

23   Kogi State   4,642,794,262

24   Adamawa State   4,582,045,246

25   Enugu State   4,396,590,769

26   Bayelsa State   4,337,065,923

27   Zamfara State   4,123,829,498

28   Kwara State   3,841,827,534

29   Taraba State   3,397,790,217

30   Kebbi State   3,290,847,166

31   Nassarawa State   3,022,828,885

32   Jigawa State   2,988,014,405

33   Ekiti State   2,848,372,512

34   Ebonyi State   2,732,472,739

35   Gombe State   2,500,467,306

36   Yobe State   2,011,499,081



-   Federal Capital Territory   5,010,968,012

http://en.wikipedia.org/wiki/List_of_Nigerian_states_by_GDP


South West    Total:   78,814,616,180


South East     Total:   36,793,363,261


South South  Total:   74,520,120,943



NB: The South east economy is less than half of the South West's and South South's. If South West is poor then the South East is a latrine.

Dude, you cannot total GDP (PPP) like that, your post violates the meaning of that index in shocking ways and is absolutely nonsensical.
With GDP (PPP) you will need to take an average, or even better, divide by the local population and then the highest figure wins. Even then, it is not a measure of poverty, but of money generated per person in private business and enterprise (in layman's terms).

koruji:
Shrugs!!!! Your issue, your problem, deal with it.

More your issue. You people really irritate others with your foolish bigotry, you don't realise that your behaviour is both dangerous and irresponsible; regardless of if it stems from low self esteem issues or not.
Please let us be mature and banish ethnic bigotry and base instincts from our discussions (thats what brought you here).

Chinedu Nlem:
Guys this thing we're talking about cannot happen. Why? Because in nigeria the major issue is oil. And where is the oil? In the hands of the minority ethnic groups that make up the niger delta region.

Yet day old babies heads are routinely chopped open in Jos and their corpses burnt.

Chinedu Nlem:
[b]These 100+ ethnic groups are so fragmented  they cannot forge a common alliance to push for anything significant. [/b]The govt is controlled by the three majorities. So you see the big pic, the govt is keeping the balance because of oil. Any issue that is not related to oil (like your ethnic bigotry) will have to wait. Genocide will benefit no one so nigerians will just find another means of conflict resolution because violence will stop the oil from flowing. Nobody wants that. y wants that.

Yet they pushed for the Presidency and got it.

DrummaBoy: If we wake up tomoro 2 hear BH killed GEJ in an attack, all this hate on NL can it translate to Genocide?

Yes.

That is why they say "patriotism ethnic bigotry is the last refuge of a scoundrel"

The correction above applies best to NL in a way that you both will understand at quite a profound level.

Even better. . .

That is why they say "patriotism ethnic bigotry is the last refuge of a scoundrel low self-esteem"

Somebody inform Eko Ile and Gbawe that are turning the place into a dump.

Princek12:
In Nigeria, anything is possible. Very soon we will have a president who lives and runs the country from UK or Yankee. How can a governor of a state justify living in another state? Where is the loyalty and undivided attention that he presumably should give to his state?

Thats the big question we've been asking, and the man is even unrepentant enough to say he is never going to change. Its hard to fathom.