₦airaland Forum

Most of his comments during foreign trips are made during interviews. In trying to provide answers to questions asked, it will then appear that he is revealing his plans. One can also notice similar commentary when he is interviewed on BBC Hausa. Maybe the president should subject himself more for interviews with our mainstream media.

But hey, ministers will soon arrive and will be the official channel of communicating the president's policies and plans.

hinwazaka:
Only an ignoramus will claim there is a punchline there. Don't even try to spin this in the direction that he was trying to claim the Villa is too expensive and magnificent. Its common knowledge that PMB talks first before considering his words

I don't know if to say you are smart. Or maybe others are just really dopey.

Another one down. More to follow.

Wike(d) loading....

One word: "Presidential"

NNPC, please where are the drones you talked about. We need them to rain air strikes on these mofos quickly before they cause more harm to life and property.

They have drawn first blood. I hope they are ready for what might follow. There is a new Sheriff in town, remember.

atbu1983:
igbo man has been appointed. we can now rest

Not too fast bro. Don't be surprised if they come to tell you he is Rivers or Delta or Benue Igbo and not a proper SE person.

The CBN says that the Naira is "appropriately priced". I think this is a fair and balanced assessment. Allowing the naira to devalue further will lead to imported inflation and consequently high interest rates.

Clearly, from the president's comments, it looks like there's going be a lot of import substitution with local production/manufacturing.

Motherland shall rise again!

No matter how Christian or Islamic you are, nothing would have been more Ungodly than returning GEJ and his team of Bandits back to Aso Rock.

If the economy was crawling under him even with unprecedented high oil prices, just imagine what would happen to the economy with record low oil prices.

For those who keep defending these criminals, you lot should be happy that some Patriotic Nigerians had the vision and courage to force PMB on you. Since most of you behave like kids and don't even know what is best for you.

No matter how Christian or Islamic you are, nothing would have been more Ungodly than returning GEJ and his team of Bandits back to Aso Rock.

If the economy was crawling under him even with unprecedented high oil prices, just imagine what would happen to the economy with record low oil prices. The economy was simply hemorrhaging on all sides under the watch of our "Hero" and his Musketeers.

For those who keep defending these criminals, you all should be grateful that 15 million Patriotic Nigerians had the vision and courage to force "Mai Gaskiya" on you lot - since most of you behave like kids and don't even know what is best for you.

kenny987:
The 'good intentions' of the President amount to putting the cart before the horse! It is throwing good money after bad and that is the worst thing any sane person should do! There should have been thorough investigation to determine why the debts accrued in the first place when as the Op stated, there are states with less monthly allocations that have manage their resources and are not indebted to their citizens salary-wise. If some governors chose to be irresponsible with state resources then it is even more irresponsible of the FG to give them the opportunity to do same again with its own resources without finding out and plugging loopholes through which the initial irresponsibility was perpetrated! No bank gives loans without investigating the viability of the project for which the loan is to be granted unless they have some unwholesome profit to earn from the proceeds of such loan.

Well said and fair points raised. I didn't want to quote you whole comment to avoid wasting space.

There may be some justifiable reasons why some states have financial problems. First and foremost, it is obvious that there is cash constrain across board due to falling oil prices. There is also the fact that some states get 10% of what some other states receive as monthly allocation. Some states also have a more viable business environment where they can generate huge IGR. Of course, there is also the issue of financial mismanagement and recklessness by some state government.

Mind you the bailout was three-pronged. NLNG funds sharing, restructuring of existing loans to lower interest and higher tenor, and the CBN loans. To what extent do we expect the president to micromanage the economy. Should he also personally police CBN, EFCC, ICPC to make sure they are doing their jobs.

All the states submitted their request to the CBN, and they were reviewed and approved on a case-by-case basis. Some states have taken the money and used it for the purpose it was intended while some are dilly-dallying. These governors have immunity, so there is little you can do to control them. They are local Emperors.

Maybe the president should have allowed states to carry their own cross. But, unfortunately it is the local citizens that will suffer and not the bloody administrators. Mind you, we are not even debating how those salary/pension arrears piled up even when we had unprecedented high oil prices.

Nigeria is our country and not the president's country. Why don't we call the governors to order. We have State Assemblies, NLC, CSOs, etc. Yes, as Amaechi said, maybe we should start stoning them, and not just wait for the president.

kenny987:
The 'good intentions' of the President amount to putting the cart before the horse! It is throwing good money after bad and that is the worst thing any sane person should do! There should have been thorough investigation to determine why the debts accrued in the first place when as the Op stated, there are states with less monthly allocations that have manage their resources and are not indebted to their citizens salary-wise. If some governors chose to be irresponsible with state resources then it is even more irresponsible of the FG to give them the opportunity to do same again with its own resources without finding out and plugging loopholes through which the initial irresponsibility was perpetrated! No bank gives loans without investigating the viability of the project for which the loan is to be granted unless they have some unwholesome profit to earn from the proceeds of such loan.

Well said and fair points raised. I didn't want to quote you whole comment to avoid wasting space.

There may be some justifiable reasons why some states have financial problems. First and foremost, it is obvious that there is cash constrain across board due to falling oil prices. There is also the fact that some states get 10% of what some other states receive as monthly allocation. Some states also have a more viable business environment where they can generate huge IGR. Of course, there is also the issue of financial mismanagement and recklessness by some state government.

Mind you the bailout was three-pronged. NLNG funds sharing, restructuring of existing loans to lower interest and higher tenor, and the CBN loans. To what extent do we expect the president to micromanage the economy. Should he also personally police CBN, EFCC, ICPC to make sure they are doing their jobs.

All the states submitted their request to the CBN, and they were reviewed and approved on a case-by-case basis. Some states have taken the money and used it for the purpose it was intended while some are dilly-dallying. These governors have immunity, so there is little you can do to control them. They are local Emperors.

Maybe the president should have allowed states to carry their own cross. But, unfortunately it is the local citizens that will suffer and not the bloody administrators. Mind you, we are not even debating how those salary/pension arrears piled up even when we had unprecedented high oil prices.

Nigeria is our country and not the president's country. Why don't we call the governors to order. We have State Assemblies, NLC, CSOs, etc.

Rose2014:
Don't forget they APC is the founder of smear campaign. Hope u preached this gospel to them when they were runnig GEJ's govt down

It may be tolerable to use smear campaign during elections, that is why I told him to postpone it till then.

Right now, it's Nation Building.

TonyeBarcanista:
how can the total number of accredited voters in rivers state be 293k out of over 2million registered voters? even ekiti dont have this low. apc is yet to prove a case.

Well, that's a question for INEC to answer, but it wouldn't surprise me at all cos of the kind of election violence we were hearing. Most of my friends in Port Harcourt never went out to vote.

TonyeBarcanista:
That the card reader captured 290k voters doesn't translate to ONLY '290k' voters were accredited. I'm well aware that majority of electorates voted without card reader due to mal-function of the reader. There is NO section within the Electoral act that nullifies voting without the reader. The petitioners are yet to prove their allegation of electoral malpractice. It will boil down to forensic analysis and checks whether the votes were inflated or not. IF inflated, the tribunal will CANCEL the identified inflated votes and examine whether a re-run in the affected areas will be able to affect the result. I make BOLD to state that the APC petition is DEAD on arrival and an exercise in futility

I'm sure you read this part...

"So, the total number of 293.072 accredited voters was arrived at by adding successful accreditation and failed accreditation.”

The machine capture captures unsuccessful accreditation. So even in the case of manual accreditation, there must have atleast been an attempt with machine accreditation first.

Your article is laced with blackmail and prejudice. Maybe you should change your moniker to "WhyNotWail".

How can you fault the president's good intention simply because some elected governors have chosen to be irresponsible with their state finances. Maybe if you invest a portion of the energy you spend in screening & criticizing the president on your state governor, you might achieve better results.

For the records, States are Federating Units and have been empowered by the Constitution to have Fiscal Autonomy. The president does not have a say on how states spend their money. At best, he can use agencies like EFCC/ICPC to put them in check. You should also be informed that the CBN has setup a committee to monitor how governors disburse the bailout funds.

Elections are over bro, it's time for Nation Building. Keep your smear campaign till atleast 2 years time.

modath:
What are you afraid of?

They don't want to be exposed that they are in the minority. Because should they have 300 "likes" in one of those their slant comments, we will match them with 900 "dislikes".

sunnyb0b0:
Good thing you've cured your ignorance and edited your comment.

*lol*... I'll take that jab. My bad. A wise man cures his ignorance before others expose him.

coolitempa:
There must be no appointment of the flat.heads in this government......

*lol*... Buh what's the whole ish about "flat heads"?

Couldn't hold myself from laughing, but what you said there is really mean.

sunnyb0b0:
Even if the election is held 100 times again, Wike will still win hands down.

Noted! We'll cross that bridge when we get there.

[s]Worse case scenario, court cancels the election and Wike wins again and begins a fresh 4 year tenure.[/s]
Even if he were to win, he can't begin a fresh 4 year tenure.

[s]Remember the case can be appealed up to Supreme Court.[/s]
Gubernatorial election cases should stop at Appeal Court. However, sooner or later, he'll be sacked.

mauriceju2:
but those PDP guys are now in APC what do you say about that? Amechi was there for 15yrs and many others too, many are about to join too, is it not the same?

Our security forces who act like touts here in Nigeria, when they go out for international or regional peace missions conduct themselves admirably. A civil servant who resumes work by 10am cannot dare resume work by 8.05am if he/she works in a bank. The work environment, including rules and discipline is important.

PDP was an all comers affair.

Wike/PDP cannot escape what is about to befall them.

Where are those who said Amaechi lost both battle & war and that Mama Piss will be laughing because Amaechi failed DSS screening. You guys will soon realize there is a Grand Chess Game going on.

Wike, shebi you sabi probe? Just wait till when you are sacked and stripped of immunity, then you shall explain what you did with over N120B in only 4 months.

Amaechi's laughter loading....

byrron:
Go and read my first response to you and understand my point.

The name of a party is irrelevant in Nigeria rather the people in the party are the ones that ruined the nation and not the name of the party that is why u have well known criminals moving from one political party to the other because people don't hold them accountable for their past deeds while in their former political party before becoming born again in a new party.

APC can change their name tomorrow and tell u that APC is evil and people will brainlessly follow them in that line of reasoning rather than letting them know that they are the evil while in APC as a political party.

Look at all the looting under OBJ who was a PDP president for good 8 years and today the same OBJ is now a saint and is now saying that PDP is evil so who is the fool here? The gullible Masses.

Maybe you also need to go back and read my response to understand what I wrote.

For the records, I have no regards for OBJ and would prefer not to see him around PMB.

Is this a State or Federal government project?

byrron:
You sent PDP packing and then embraced criminals from the same PDP and even the PDP grand Patron of all thieves by name OBJ who used $16BN to generate more darkness instead of electricity in Nigeria is now a celebrity in this change administration?

Focusing attention on the name of a party rather than the people in the party is also part of my definition for madness and amnesia.

Sending PDP packing meant something a lot more than bringing a new party. It was significant because there exist now the fear of Power Change at the center. PDP was becoming lethargic and they took it for granted that no matter how they performed they will be back in power. If they had any fear of power change, I believe they would have conducted their affairs a lot better.

Now, APC or any party knows that the Presidency is not a given. They know that Nigerians will give their verdict with their vote in 4 years time.

That's what you get when a Sheep leads a pack of Lions.

I have my reservations about OBJ, and the more he stays away from Aso Rock, the better for PMB.

-----
If he was that Patriotic, Nigeria would have been a lot better after his 8 years. We wouldn't have spent $16B just to generate a paltry 2,500MW of electricity.

Mr. Alade Lawal, commended President Muhammadu Buhari “for bringing hope to thousands of public service employees who were being owed arrears of salaries and allowances for years.”

@ the bolded. Owing civil servants, even with record high oil prices.

“In Brazil, Geometric Power told me that they spent $12 billion to generate 12,000 megawatts and it is working very well. As at that time, Nigerian government had already spent close to $16 billion generating between 2,500 to 3,000 megawatts of electricity.”

16 years of PDP government is the WORST period this country has ever witnessed.

May God/Allah bless Nigerians for sending that evil party to where it belongs - Pit of Hell.

FFK has found a new job - writing. He is a cheap hypocrite and dysfunctional bigot.

For 16 years, while his party ruled and plundered the country to reckless abandon, he did not see anything wrong with the unity of Nigeria. Infact, they kept saying that "The unity of Nigeria is non-negotiable". They even prevented it from even being discussed at the last conference.

Now that he has lost out in political and financial relevance, he wants to fan the embers of disunity. His likes are the major problem of this country.

*spits on his head*

Ofodirinwa:
You can say it increases disposable income but how much is school public tuition and what can that really do to an economy?

I wasn't trying to justify El Rufai, but simply to offer some perspective to the debate.

The government budget estimate for the Free Education Program is N13.7b. That amount (if spent judiciously) should stimulate an economy like Kaduna state. We can debate all day about social spending, but to my knowledge it is not intended to keep people at home but merely a response to the fact that people are at home and do need money.

I am not necessarily in support of the policy as it could easily go very wrong, but then the policy has some merits if meticulously planned and judiciously implemented.

Ofodirinwa:
No, you gain more, then plan good. What good is a free education policy in Kaduna, which has the highest debt profile in the north. It will end within 4 years or less because the state will be too preoccupied paying debt. It's doubtful if anyone can not afford a public school education in Nigeria, so you eliminate the already marginal fees in place means you have a revenue formula that's going to increase spending on schools

This is impossible with debt. Argebsola, Amaechi, Okorocha and others have shown us the pointlessness of implementing populist policies before you have a implemented a solid revenue plan or combated debt. They won't be able to pay for salaries in Kaduna soon, remember I told you so.

Well said. It could easily boomerang into deeper economic crisis.

However, Restrictive Fiscal Policies in times of economic slowdown could also easily lead to an "Austerity Trap". In most developed economies, social spending increases during recessions. This helps increase the disposable income for households. This extra income will increase consumption and hence Aggregate Demand.

The problem in less developed countries is corruption and lack of institutional capacity to implement such spending. In these countries, most of the money will find its way into private pockets rather than the citizens.