₦airaland Forum

Barcanister:
So sad, see how Nigeria so called future leaders are thinking.. A man pointed out d rot in Nigeria and all What the young men above me cld say is to insult him..

Bad leaders .. Senseless youths

The man sitting here is a past leader.. Now he is old he can't walk, he can't do anything by himself again with all the money he has.. Vanity upon vanity

After reading the initial comments, I felt a certain sense of disillusionment, but after reading your comment, I know hope is not all lost.

...

MrMoney007:
Foolish thing from a motionless father.

All I see is the manifestation of Niger Delta oil.

More often than not, those who say this are not even from the ND region.
---
I'm sure that if your favourite (Atiku) becomes the president, you won't bother about him using ND money. And don't tell me about Intels, cos it's all oil money as well, else let him relocate it to Adamawa.

What sort of junk journalism is this? Where in the article was he giving excuses?

Yankee101:
I don't know if you're a paid attack dog or just plain thickness of ...

In economics you compare 2 periods.

Thanks for your time. I'm done with you.

Yankee101:
They compared between 2014 and 2017 in the article. Nobody made the claim or compared the period you just reviewed. And it was the same person that was president in 1999 and 2000. Obasanjo.

Is weed allowed this early in Nigeria?

Lol...you are trying to be clever by half. You were trying to discredit the current administration, but after I showed you how awful the early years of the PDP administration was, you are now spitting scum

ericsmith:
When the news is good ... embittered people that have sworn to remain sad ,,just jump n pass the news .... all some do everyday is look out for bad news.
Nigeria cannt present it GDP in dollars,,stil checkin dollar is nt our national currency..for comparism sake ,,previous trade bal in naira is compared with present bal of payment .

Apart from that, the argument by @DoTheNeedful is not valid. A weak Naira will have a negative effect on Imports while having a positive effect on Exports. So, the NET effect on trade balance should be negligible. As long as we are exporting more than we import, the trade balance will always be positive regardless whether it is presented in NGN, USD or Bitcoins.

Yankee101:
Exchange rate in 2014 : 180
Exchange rate in 2017 : 360

trillion/180 = $5.55 billion in 2014
trillion/360 = $2.77 billion in 2017

It has reduced by nearly half, not increased. Assuming 1trillion was made in both periods.

Voodoo economics.

Exchange rate in 1999 - N22/$
Exchange rate in 2000 - N85/$

Trillion/22 = $45.5 billion in 1999
Trillion/85 = $11.7 billion in 2000

It reduced by 75% in just one year of PDP administration. Now, who is an expert in Voodoo Economics?

SalamRushdie:
If you are truly not happy then you will not recontest because you should know a man cant give what he doesnt have

gocac:
Ok..... Please if your really sad about the sufferings of Nigerians, dont contest in 2019 then i will personally forgive you for the mess you have turned this country into.

Apart from reading the headline, did y'all read the body of the post to see if he, indeed, said so?

tuniski:
It is not an achievement mentioning figures in isolation. Mention them in context. This govt of buhari is like MMM!

You've said nothing. Why don't you try to provide the context?

fratermathy:
Itu Light in Uyo, Akwa Ibom State, is basically 23 and a half hours every day, except if something is wrong with the transmission. Light hardly goes off for more than 30mins in a day.

Ask anybody and confirm!

This is true. A friend of mine who stays in Itu Road keeps bragging about this all the time. Says he has to put off his fridge most times because of "too much" light. One can only wish that more citizens get to enjoy this.
---
As for my area, I would say around 12-15 hours per day. One is almost guaranteed of sleeping with light everyday. This is a really marked improvement compared to 2 years ago.

Blizzy9ja:
It was shared among the governor which was headed by you(Amaechi) and the 3 tiers of government

Foreign Reserve are never shared to states, they are managed exclusively by the Federal Government through the CBN. What you are trying to refer to is the Excess Crude Account (ECA) which is different from the subject of discourse here.

My research shows that OBJ left ~$42B in the reserves. This grew to ~$62B in September 2008, thanks to oil price hitting an ATH of $147/bbl in June 2008.
---
Unfortunately, the Global Financial Crisis had set in and oil price began a steady downtrend, getting as low as $38/bbl in 2009. It became imperative for the CBN to use part of the reserves to defend the Naira.
---
By the time late president Yar'Adua took Ill and was flown to Saudi Arabia in Nov 2009, the Reserves stood at ~$42B (avg oil price ~$75/bbl). By the time GEJ was sworn in as president in May 2010, the reserves had gone lower to ~$38B (avg oil price was $76/bbl). By Dec 2010, the reserves had gone even lower to ~$32B. By this time, the average oil price had gone up to ~$91/bbl. By the time GEJ left office in May 2015, the reserves stood at ~28B (avg oil price ~$50/bbl).
---
As at November 2017, the FR is standing at ~$35B (up by ~$7B). This not withstanding the fact that 2017 avg oil price is same as at 2015 avg price (~$50/bbl). When one considers that oil price initially went as low as $28/bbl in Jan 2016, then this feat becomes even more commendable.
---
The above figures are facts freely available on the Internet.

---

NwaAmaikpe:
EFCC keeps usurping power,
Even illiterates know judges are infallible and above the law.

You are an embarrassment to those who sent you to school thinking they were giving you an education. You are not deserving of civilization...your type should be sent back to primitivity.

Tbh, the #EndKillerHerdsmen should worry the society more than #EndSARS, due to the barbaric activities of this group. We are talking about scores of citizens losing their lives unlike the SARS situation where it is largely extortion or/and torture.
---
However, the reason why the #EndSARS campaign is gathering momentum is because most of the direct victims are social media class, so they can relate to the issue on a personal level and therefore help to promote the campaign. Contrast this with the herdsmen situation, where most of the victims are rural dwellers with no one to push the campaign on their behalf.

Vivere:
Thank you for having the courage to refuse to accede to their demands, and to insist on seeing the whole thing through to the end. Thank you for not giving in to their extortion. Thank you for foiling their plans to defraud you.

If only more people would stand up for what is right, and expose corrupt practices wherever they find it, a lot of things would change. It could take time, but it would make a difference. The sad thing is that people prefer to just fall in line with the unscrupulous demands made by these corrupt officials, and then they run to social media to lament about how bad the country has become. It is sad....

Sad part is that those that are victims in one circumstance becomes the villain in another circumstances, thereby perpetuating the vicious cycle.

Did mine in 2012. Received an email a few weeks ago that it's ready for pickup. I've also checked the portal and it's also confirmed to be ready.

SouthEastFacts:
I don't believe that.

I believe the national average fell to 49% because SE/SS were heavily undermined.

Ok check the stat again. In 2015 SW maintained the same turn out they had in 2011, Kebbi had 54.4% turnout while Zamfara 60% which were both more than the national average in 2011, in the same 2015, Boko Haram ravaged Borno, Yobe and Adamawa had average turn out of 41.7%.

So why is it that it is only in the SE and SS that their turn out fell from 66.9% to 37% and 67% to 57% respectively? It is not possible because those two regions are Jonathan's strongest holds.

Why didn't it fall in other parts of the country?

Fair enough. It might be difficult to come up with an accurate theory as to what was responsible for the low turnout in the SE in 2015.
---
The Igbos are very enterprising and independent folks. Is it that they do not take politics as serious as other parts of the country (They'd rather focus on business)? If so, then maybe those 2011 figures were just "cooked", but it became impossible in 2015 due to the card readers.
---
My question, then, would be - Is there any chance that the voter turnout in the SE will improve with some significant margin in 2019?

BiafranBushBoy:
Oh God!!!

Can God just help us bring back this corrupt GEJ, so that we can buy bag of rice for 7,500...

This non corrupt govt is killing us slowly!!

Absolute bunkum! Africa is what it is because her people think with their stomach.
---
Are you trying to compare 16 years of PDP administration with 2 years of APC?

Brilliant analysis, I must say. Provides some real perspective to regional voting patterns. I, particularly, appreciate the fact that you left your partisanship for a moment and dealt with raw data/facts
---
However, I slightly disagree with your view that the low percentage votes witnessed in the SE was as result of mere low turnout. My opinion is that it was due to the use of card readers, which reduced incidence of rigging. Yes, there was rigging everywhere throughout the country, but once accreditation is done with card readers, you cannot rig figures more than what is registered on the card readers.
---
In terms of turnout, the SS was the only region that exceeded the national average and that was due to some purported faulty card readers in many parts, hence the resort to manual accreditation. The national average was approximately 45-55% which was consistent with most regions, except the SS.
---
Come 2019, the PDP will definitely sweep the SS/SE region, but if card readers are used in all parts such that the turnout is consistent with the national average, then the absolute numbers the PDP will get will be much lower than what they got in 2015.

omohayek:
This is just more cosmetic nonsense, designed to catch the media's attention and nothing more. Instead of such irrelevant tinkering, what would really make a difference to miners of all types is the enshrinement of private property rights over land and any resources found in or beneath it, but that will never happen as long as Nigeria's political elite remains obsessed with siphoning some of that gusher of Niger-Delta oil revenues (and here I include the Niger-Delta's own elite, who just want to replace the FG's claims to oil rents with their own, while themselves remaining opposed to their individual subjects having private rights to natural resources found on their land).

Well said. I couldn't agree more.
---
Unfortunately, the highlighted is beyond the executive as it is a constitutional matter. I had hoped that the current NASS members will use the recent constitution amendment opportunity to correct this anomaly, but alas, they voted against it. Makes me wonder who is really afraid of repealing the retrogressive Land Use Act .

hatchy:
Rubbish!

Medicine after burial.

The police force should be disbanded and start all afresh with strict procedures for intake.
This is the only permanent solution.

In the meantime #EndSARS

Really? Think about it deeply and you'll realise that the Police is not the problem. You see - The SOCIETY is the problem! The police is merely a product of society.
---
If you doubt me, then tell me any sector in Nigeria that is not as corrupt and high-handed as the police. You won't find any, you know why? - because they are all products of society.
---
A corrupt society births corrupt........everything!

Whatever "Homework" means!

Wow! The dollarisation of the economy continues under "Our Great Party". Those are the same people that want us entrust them again with Aso Rock and CBN.
---
So much for internal democracy! The paid agent who tweets for Atiku will go on vacation now. They can only deceive gullible or hate-filled dimwits.

OfficialAwol:
Lol. That's IBB famous line.

But if PDP do not elect Prof Adeniran, I wonder what the fate of the party will be. Because southwest will feel excluded, and PDP will become a SE/SS party which would further affect it's national coloration

But if Secondus does not win, will the SE/SS block not feel alienated?

imam07:
The se/ss started this and we are going to hit them back where it pains.

It doesn't make sense to start pointing fingers. We are all guilty and need to do something to break this cycle of hate.

Guys, this is becoming embarrassing. So much vile in one thread. Can we please slow down and stick to the purpose of the thread? Edakun!

Iamtipsyy:
Goat louis vuitton (Lv) sorry about the goat

Tnx for the compliments.

raker300:
lol....its LV bro...look closer

Touche! Tnx for the correction. My bad.

GavelSlam:
Shoes anyone?

Yves Saint Laurent (YSL)...Swanky gee...lol

duality:
Calm down....

We actually had high hopes with the APC government. You can't blame us at this time. It's almost 2018 already.

Ok, cool. I get your point now. The APC government has really fallen short of expectations. However, I just can't bring myself to accept PDP and Atiku.