₦airaland Forum

godoluwa:
silence iz d best answer for FOOOL

You are so rude..... She's from oyo state and she has every right to vote for whoever she wants, if you don't like her choice that is your cup of tea.... Ajimobi for second term.

Ezyp:
See them running out of the country.... They only participated when the online poll was on

Learn to read topics before you comment, they are flying to lagos abi lagos is now out of the country?

Na wa o

One yoruba guy now becomes yoruba people? Ok o, and by the way you said it happened in high school and also like seriously this is 2015. @ op are u still in high school in 2015?

This is child's play compare to kano and kaduna is also coming up.... Youths just wasting away.

berem:
na your papa pay me to support APC. Kindly contribute to the topic you half-wit!

You are really a strong woman.... May the almighty give more strength to fight against the numerous and shameless bullies on nairaland. Wa s'are won koni ba e.

18 pages and counting all because of am better than you wahala....... May the almighty save africans from hating on each other.

That's really a bad habit no matter the size of the boxer

Doesn't look real to me....

@ op you shoul have arranged or list them from top to bottom not by saying fashola and aregbe are best and worst.

That ilorin airport na warehouse o

8 months? Baba fash lie small small na

You lots have been deceiving nigerians since 1960, I don't know why we keep recycling leaders after leaders and all of them are total failures.

Mrcapability7:
imbe commot 4 road

Una get beef before ni?

And they will call themselves leaders of tomorrow..... Our future politics go bloody gaan ni o

Can this guy just stop talking...... Ekiti people need your attention.

Really sad

Antelope = Agbonrin. Butterfly = Laba laba

EVarn:
That will effectively place the economy of the whole west africa in the hands of one country-Nigeria.
Why cant ghana and others mint their own currency?,they are directly putting power in Nigeria's hand,to sanction and dictate their economies as we like.
Anyway,its a good development,it will boost our regional influence and soft power.

Reckless statements like these won't help nigeria..... Stop bragging.

Belmot:
Currency notes of Ghana, Ivory Coast and other countries would soon be printed by the Nigerian Security Printing and Minting (NSPM) Plc, its managing director, Joseph Ugbo, revealed yesterday.

He told the House of Representatives committee on banking and currency at the 2015 budget defence that apart from the notes, other security documents of the countries would also be printed by the NSPM.

Ugbo said an installation of newly procured state-of-the-art machines for security documents has since commenced.

He said the installations are aimed at perfecting final preparation in the build up to the production of the banknotes and other security documents required by the Central Bank of Nigeria (CBN).
The managing director said the Lagos and Abuja facilities of the company can produce 1.2 billion and 1.4 billion bank notes while the new facility could print 1.2 billion notes.

Chairman of the committee Rep Jones Onyeriri however queried the N200 million earmarked as exit incentives as against the N150 million in 2014 as well as N50 million for the year-end gift by the company. Source: Daily Trust

This is really interesting

Currency notes of Ghana, Ivory Coast and other countries would soon be printed by the Nigerian Security Printing and Minting (NSPM) Plc, its managing director, Joseph Ugbo, revealed yesterday.

He told the House of Representatives committee on banking and currency at the 2015 budget defence that apart from the notes, other security documents of the countries would also be printed by the NSPM.

Ugbo said an installation of newly procured state-of-the-art machines for security documents has since commenced.

He said the installations are aimed at perfecting final preparation in the build up to the production of the banknotes and other security documents required by the Central Bank of Nigeria (CBN).
The managing director said the Lagos and Abuja facilities of the company can produce 1.2 billion and 1.4 billion bank notes while the new facility could print 1.2 billion notes.

Chairman of the committee Rep Jones Onyeriri however queried the N200 million earmarked as exit incentives as against the N150 million in 2014 as well as N50 million for the year-end gift by the company. Source: Daily Trust

Just imagine the kind of topics making front page.

Corruption abounds in all governments. This healthy cynicism keeps us insulated from extra shock and disappointment whenever that latest disappointing or worrying case comes to light (which seems all too frequent), but also keeps us constantly critical and demanding fairness from our elected leaders. It’s a healthy dynamic in any decidedly “open” society to assume corruption happens even – or perhaps especially – when and where it isn’t seen.

In the most socially progressive countries, the popular perception is that anti-corruption measures are constantly at work through laws, committees, watchdogs, investigations and journalists that never sleep because their mandate — preventing, exposing and ideally punishing abuses of power — is never satisfied. The combination of power and politics has always engendered suspicion, because a government’s ability to abuse power has always been the rule; of course, their tendency to indulge in that ability is (we like to think) the exception.

But while the prevalence of corruption in even the most socially progressive countries is a matter of debate, the word doesn’t exactly carry the same meaning across the world. In Canada for example, corruption might be an unelected senator steering special work contracts to friends, or billing the government $90,000 for housing expenses which, if and when it comes to light, will probably result in the senator repaying the amount then retiring on a full $120,000/year parliamentary pension.

In Nigeria, corruption might be a president looting multiple billions from the public treasury over the course of years which, if and when brought to trial, mobilizes an arsenal of legal teams and financial protections to delay charges for decades until a settlement—likely a fraction of what was stolen—gets repaid.

In 2012, the World Bank estimated $40 billion dollars is siphoned out of developing countries through corruption every single year. This means entire countries engaged in massive legal and financial fraud with the compliance of numerous parties across the globe — banks, oil companies, drug cartels — that sustain governance for and by the powerful and wealthy few in numerous disadvantaged countries.

That global indexes chart its prevalence on a regular basis tells us that, like it or not, corruption is a fundamental reality of political life. Here’s a look at the 10 most corrupt countries in the world this year – based on the latest data which the 2014 Social Progress Index sourced from Transparency International. Each country has been given a score on a scale of 0-100, with 0 representing the highest level of corruption.

10. Tajikistan: 22

Weak rule of law and lack of transparency in Tajikistan is characteristic of former Soviet states in Central Asia. Its fragile economy is largely attributed to pervasive corruption at all levels of government, skewed reforms and economic mismanagement in the favour of elite interests. Also a key transit country for Afghan narcotics, many government officials sit back and take a slice of black market operations. We can only speculate that revenue from the state-owned Tajik Aluminum Company—which controls Tajikistan’s biggest (official) industry—isn’t very well accounted for, either.


9. Democratic Republic of Congo: 22


A relative of former DRC president (1965-1997) Mobutu Sese Seko once poignantly described their process for looting the country:

“Mobutu would ask one of us to go to the bank and take out a million. We’d go to an intermediary and tell him to get five million. He would go to the bank with Mobutu’s authority, and take out ten. Mobutu got one, and we took the other nine.”

With that kind of history, it’s difficult to imagine the DRC playing fair today even with current-president Joseph Kabila’s modest reforms. Little of the alleged $5 billion Mobutu stole throughout his reign has been recovered; one small attempt at asset recovery failed in 2009 after Swiss courts ruled the statute of limitations had expired, and $6.7 million in frozen assets returned to the late president’s family.

The worst part? The DRC is thought to be the most resource-rich country in the world, while the Congolese people remain among the poorest.


8. Burundi: 21

Government corruption proliferates over poorer populations who have little resources to hold them accountable, who in turn adapt to poorer conditions and come to expect even less, leaving government even freer to reinforce institutionalized corruption. While one in 15 adults has AIDS and 80% live in poverty in Burundi, resources continue to leak out of the country. Much like the Congo, its corruption-ridden government fails to develop comprehensive public services like health and electricity and suppresses private competition that could otherwise free the country from economic stagnancy.


7. Venezuela: 20


Venezuelan officials have been known to consort not only with drug traffickers and serial murderer-kidnappers, but apparently terrorists as well (accusations say the government has funded Hezbollah). Read up on Venezuela for accounts of judges forced to acquit army commanders of shipping multiple tons narcotics, or heck, check the news: Just two months ago the commander of the Venezuelan National Guard got busted with 554 kilos of cocaine. Last month a study found at least $22.5 billion of unaccounted public funds have been transferred from Venezuela to private foreign accounts, so we hear the plight of the hundreds of thousands currently protesting in the streets of Caracas.


6. Cambodia: 20


Companies looking to do business in Cambodia need line their pockets. The kickback culture here is no secret, and one particular clause in the latest Anti-Corruption Law, passed in 2010, doesn’t exactly help: Whistleblowers unable to prove their claims can be jailed for up to 6 months. Almost 70% of Cambodians live on less than $2 US a day; meanwhile, the government has leased 45% of the country’s resource-rich land to private investors. Where the money goes is anyone’s guess.


5. Chad: 19

In an ideal world, oil booms jumpstart economies and impart governments with millions in funds to funnel back into public services. With the completion of Chad’s new heavy-duty $4 billion pipeline in 2003, which connects its oilfields to the Atlantic coast for export worldwide, oil has taken over as the country’s biggest industry. But the Chadian state—considered failed by many—remains too fractured to funnel those resources without more than a little leakage along the way.


4. Yemen: 18


It’s said Yemen loses $10 billion yearly through corrupt networks. The plain normalcy of corruption in all tiers of government—the judiciary and security forces included—undoubtedly remains one of Yemen’s biggest obstacles to not only economic development, but combating human rights abuses like extrajudicial executions, arbitrary arrest and torture by government forces. Because money speaks so loudly here, real prospects for accountability and reform are simply bought right off the table.


3. Uzbekistan: 17


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A non-public official “influencing” a public official isn’t a criminal offense in Uzbekistan. Policy here and even government positions themselves are essentially for sale to the highest bidder, and if a corruption case does somehow become a legal issue, it will almost certainly get thrown out by equally corrupt courts, or courts that don’t have the time, money or manpower to properly prosecute them.


2. Iraq: 16


Corruption doesn’t happen in a vacuum. While the country certainly fared no better under Saddam Hussein, as of 2008 $13 billion of Iraq’s oil revenues in U.S. care were improperly managed, $2.6 billion of which were totally unaccounted for. In the first four years of the Iraq War corruption lifted as much as 300,000 barrels a day from Iraq’s biggest industry. The (stated) objective of the War was change and reform, but Hussein’s legacy prevails in this country where oil pipelines remain solid and reliable, but revenue channels leak constantly.


1. Sudan: 11


It’s more than a little nerve racking that 24-year Sudanese president Al-Bashir, who allegedly has $9 billion of his country’s money stashed in London bank accounts, established Sudan’s first anti-corruption agency in 2012. A transparency ploy but nothing more: As you’d expect the agency has yet prosecute anyone, though in fact, Sudan continues arresting (and probably also extorts and tortures) anyone willing to make corruption allegations they can’t “prove”. Bribes and extortion, it seems, remain the nuts and bolts of the Sudanese public service, and as always, this cut-throat power pyramid has oil at its summit.

Corruption abounds in all governments. This healthy cynicism keeps us insulated from extra shock and disappointment whenever that latest disappointing or worrying case comes to light (which seems all too frequent), but also keeps us constantly critical and demanding fairness from our elected leaders. It’s a healthy dynamic in any decidedly “open” society to assume corruption happens even – or perhaps especially – when and where it isn’t seen.

In the most socially progressive countries, the popular perception is that anti-corruption measures are constantly at work through laws, committees, watchdogs, investigations and journalists that never sleep because their mandate — preventing, exposing and ideally punishing abuses of power — is never satisfied. The combination of power and politics has always engendered suspicion, because a government’s ability to abuse power has always been the rule; of course, their tendency to indulge in that ability is (we like to think) the exception.

But while the prevalence of corruption in even the most socially progressive countries is a matter of debate, the word doesn’t exactly carry the same meaning across the world. In Canada for example, corruption might be an unelected senator steering special work contracts to friends, or billing the government $90,000 for housing expenses which, if and when it comes to light, will probably result in the senator repaying the amount then retiring on a full $120,000/year parliamentary pension.

In Nigeria, corruption might be a president looting multiple billions from the public treasury over the course of years which, if and when brought to trial, mobilizes an arsenal of legal teams and financial protections to delay charges for decades until a settlement—likely a fraction of what was stolen—gets repaid.

In 2012, the World Bank estimated $40 billion dollars is siphoned out of developing countries through corruption every single year. This means entire countries engaged in massive legal and financial fraud with the compliance of numerous parties across the globe — banks, oil companies, drug cartels — that sustain governance for and by the powerful and wealthy few in numerous disadvantaged countries.

That global indexes chart its prevalence on a regular basis tells us that, like it or not, corruption is a fundamental reality of political life. Here’s a look at the 10 most corrupt countries in the world this year – based on the latest data which the 2014 Social Progress Index sourced from Transparency International. Each country has been given a score on a scale of 0-100, with 0 representing the highest level of corruption.

10. Tajikistan: 22


Weak rule of law and lack of transparency in Tajikistan is characteristic of former Soviet states in Central Asia. Its fragile economy is largely attributed to pervasive corruption at all levels of government, skewed reforms and economic mismanagement in the favour of elite interests. Also a key transit country for Afghan narcotics, many government officials sit back and take a slice of black market operations. We can only speculate that revenue from the state-owned Tajik Aluminum Company—which controls Tajikistan’s biggest (official) industry—isn’t very well accounted for, either.


9. Democratic Republic of Congo: 22


A relative of former DRC president (1965-1997) Mobutu Sese Seko once poignantly described their process for looting the country:

“Mobutu would ask one of us to go to the bank and take out a million. We’d go to an intermediary and tell him to get five million. He would go to the bank with Mobutu’s authority, and take out ten. Mobutu got one, and we took the other nine.”

With that kind of history, it’s difficult to imagine the DRC playing fair today even with current-president Joseph Kabila’s modest reforms. Little of the alleged $5 billion Mobutu stole throughout his reign has been recovered; one small attempt at asset recovery failed in 2009 after Swiss courts ruled the statute of limitations had expired, and $6.7 million in frozen assets returned to the late president’s family.

The worst part? The DRC is thought to be the most resource-rich country in the world, while the Congolese people remain among the poorest.


8. Burundi: 21

Is it true that rochas always erect his pictures on all his projects? Because i heard someone saiying imo state looks like rochas instagram.

Jonathan is now a laughing stock.

Nigerians will never learn, masses killing each other like chikens while the politicians send their wards abroad. After the elections our suffering still continue. PDP or APC still same people, same clan, same elite, same cabals ruling us since 1960 we are still recycling them. From governors to senators to ministers they still same old guys who have been there before and we are all screaming change all because they change from one part to another? Untill we realise they are all the same then we can move forward.

Lol!

Little I can add

He should have said 100K jobs that's a possibilty in four years..... But 1million? That's a big fat lie.