Good step in the right direction.

Hypocrisy of the op and his ilk is when they support Saraki, an APC Senator, but criticise Buhari, an APC President.

Where is the lavish ceremony?

bunchyproject:
in every situation,give thanks.

Of course, but this is the second thanksgiving Wike is holding after his Supreme Court victory. I am sure that money was earmarked for this project, money that could have formed part payment of the school fees of Rivers scholars abroad, who will be returned home soon on the orders of Wike.

Thanksgiving every week? Smh

Fash20:
is there anything like lieutenant general in Nigeria. What I know is: stating from Major, lieutenant colonel,colonel,brigadier general,Major general,general, field marshall(which we do not have in Nigeria).

There is actually a Lieutenant General in the NA. For instance, the present COAS is Lt Gen Burutai.

God bless the King!

Still #10 in Port Harcourt.

Bevista:
Ordinarily, I should not comment on this thread since Ubah has not mentioned how he would go about it. However, for the benefit of those who might get swayed by his cheap claims, I'll say something.
---
The exchange rate (PRICE of dollars) is determined primarily by SUPPLY of dollars (through exports, FDIs, foreign borrowing, etc) and DEMAND for dollars (through imports, payments of foreign school fees/medical bills, online purchases, etc). The NET flow of these transactions determine the Balance of Payments (BOP) account with the Central Bank. Elementary economics tells us that when demand exceeds supply, prices go up!
---
Coming back to Nigeria, it is well known that oil accounts for 95% of our FX earnings. As oil prices have collapsed from ~$100 in 2014 to ~$30, our supply of dollars has dropped tremendously. This is even worse when one considers that our cost of oil production is ~$20/bbl, meaning that our dollar revenue from oil has dropped from ~$80/bbl to ~$10/bbl. On the demand side, the request for imports are increasing. With such supply shock and increasing demand, there is only one way for the exchange rate to go. This is basic economics and has nothing to do with Emefiele or Buhari, except you are simply being mischievous or grossly ignorant.
---
When oil collapsed from around $147 to $38 due to the 2008 Global Financial Crisis (GFC), Nigeria had a Foreign Reserve of ~$62bn. The then CBN Governor had to spend ~$20bn from the Reserves to meet import demand thereby preventing devaluation/depreciation. Between 2011 & 2014, oil price was above $100, meaning that the administration never had a dollar supply problem and so could maintain a stable exchange rate. Fast forward to late 2014 when oil prices slid to ~$60, the CBN had to devalue the Naira twice within a period of 6 months (Nov 2014 & Feb 2015) because the Reserves were too low (<$35bn) to deplete to support imports. Now in 2016, oil prices are around $30/bbl while FX Reserves is less than $28bn. The supply shock has reached unprecedented levels, yet demand for imports has not decreased. There is absolutely no way that the exchange rate can stay below N250/$. Simple economics says that price will continue to move till a new equilibrium is reached where demand equates supply.
---
There is no policy from Emefiele, Soludo, Greenspan, Bernanke or any other Central Bank governor that can strengthen the Naira in the near term. Except we want to completely deplete the Reserves or go to the IMF to borrow SDRs just to meet import demands. Brace up folks, if oil price collapses to $20 (thereby increasing the supply shock) the exchange rate shall hit N1000/$ and I repeat, this has nothing to do with Emefiele or Buhari but simply economic forces. The only thing that can save the Naira is either for SUPPLY of dollars to increase (through high oil price) or DEMAND to reduce. Since we do not have control over the supply side, we can at least focus on managing the demand side.
---
So Mr Ifeanyi Ubah, you have zero knowledge on what you are talking about. With all the money you made from the last government, you can start by building a refinery or some other manufacturing facility (like Dangote) to help us substitute for imports. That would help the Naira more than you seeking cheap consultancy from the government. Or except you want to broker a deal for the government to give amnesty to your Dasuki-Gate friends, so they can bring out stashed up dollars from soakaways and graveyards to support the economy.

Bros, your school fees no waste.

In trying to save face, Ricky Tarfa has brought this suit against MTN, including a fellow SAN. But in fact, he has merely confounded his woes.

Op, but what is shawty?

EFCC is WORKING.

God bless the King.

praxisnetworks:
;EFCC is a very corrupt organization. How can you tender illegally obtained exhibits in a court of law? They are just fooling Nigerians with fake anti corruption charges. Now I am waiting to see how they'll wriggle out of this..... I think someone should sue EFCC for wasting taxpayers money and causing unnecessary and unneeded media distractions.

Bros, evidence, even if illegally obtained, is still admissible in court.

People on this thread be forming as if they don't check their partners phones. Smh.

erekoshe:


Remember his lawyers are available...

Yes, he has lawyers. Unfortunately his lawyers cannot stand for him. To begin with, every person charged with criminal offence must take his plea individually. In one reported case, a lawyer took the plea of his client. On appeal, the plea was quashed.

erekoshe:


It's really not a good idea, the courts have declared him "wanted", not " guilty" those terms are not interchangeable in law. They should push for trying him in absential not sieze properties if they're wise. There are legal repercussions to such.

Trying him in absentia is unknown to our criminal jurisprudence. An accused person must attend his trial. Seizing his properties is a way of smoking him out of his hideout.

Finally. Thank you PMB. Let the cleansing continue.

praxisnetworks:

At least you can't run to the mods with this one.... Like cleverly... Message was attacked not messenger.....

Not interested in running to mods for help. I fight my own battles myself.

praxisnetworks:





This is the most hypocritical, greedy, violent, malevolent, vengeful, cowardly, deadly, mendacious, meretricious, loathsome, despicable, belligerent, opportunistic, barratrous, contemptible, criminal, fascistic, bigoted, racist, sexist, avaricious, tasteless, idiotic,
brain-damaged, imbecilic, insane, arrogant, deceitful, demented, lame, self-righteous, byzantine, conspiratorial, satanic, fraudulent, libelous, bilious, splenetic, spastic, ignorant, clueless, illegitimate, harmful, destructive, dumb, evasive, double-talking, devious, revisionist, narrow, manipulative, paternalistic, fundamentalist, dogmatic, idolatrous,
unethical, cultic, diseased, suppressive, controlling, restrictive, malignant, deceptive, dim, crazy, weird, dystopic, stifling, uncaring, plantigrade, grim, unsympathetic, jargon-spouting, censorious, secretive, aggressive, mind-numbing, arassive, poisonous, flagrant,
self-destructive, abusive, socially-slow, puerile, clueless, and generally NOT GOOD STATEMENT from you.

But you haven't said anything here.

APCzombie:


Keep deflecting to me


Dem tell you say I be OP?

Google it for yourself

Nobody is here to convert your zombie brain

Oh, so, now you know you're not the op? Yet you were making heavy weather of the interview. Now you want me to google it myself? Lolss. Smh.

If there was a source to this story, you would have provided it long ago. As it is, the story is pure FAKE. I challenge you to prove me wrong.

APCzombie:


Now you are begging for source?

Typical

Deny the event ever happened

Discredit source, author or OP

Deflect to Jonathan by assigning blame to his administration

Derail to an e war

Ask for thread Deletion

We know una style

Useless shill

Why are you scared of providing a source? After all the hot air you blew, after all the thrash you spewed, you cannot provide a source to back up your points. Lol! LEARNER.

This must be the movie they are shooting.

APCzombie:


The only fake thing here is your weak argument.

You are hinging your straw man argument on the lame excuse that judges do not grant press interviews.

That is a big lie as the. Press gag is reatricted to if a case is pending in court.

The justice raised alarm after he was forced out of the case and this was long before the Supreme Court ruling.

Did you even hear him comment on the proceedings?

The judge only commented on circumstances surrounding him being relieved from the case


Make you know henceforth that you are not talking to illiterate Tajus and adamus.

I don't repeat arguments.

My question is, Can you cite the source of this interview? I mean, a verifiable source. Not a blog or the like. A real url source.

talktimi:
this so called interview was waaaay before the supreme court judgement

Yes, it was, and it is being recirculated now after the Supreme Court judgment. When it first came out, I read it and I remembered that it was disputed at the time. Have you even wondered why the op did not cite a source or url of the interview? Because it is fake.

APCzombie:


I just had to quote your foolishness again.

Was the justice not replaced?

Was the tribunal not relocated from Rivers to Abuja?

You partisan goat. When will you understand that politics is not like football where you stick to your useless relegation level club?

For every lie you spread here may it take root on your person and character

Tout

Naturally, I don't respond to trolls, not to talk of thrash but let me set the records straight for those who might be swayed by your ignorance:

A judge does not grant interviews. It is a matter of professional conduct that can attract disciplinary measures against an erring judge. His Lordship, Pindiga, is a current judge. Even though he had a grouse with his removal as Chairman of the Tribunal, he cannot come out and speak to the press about this removal. Because he was not removed as a judge but a chairman of a tribunal, he still comes under the disciplinary field of the law profession. The highest he can do, should he want to vent his displeasure in a public manner, is to do that via a public lecture or during a valedictory session for a retiring judge, as the CJN recently did. Even at that, he can only make oblique references to the incident, not a direct reference to it, as the CJN did.

As to whether the judgment of the tribunal was procured or not, that is left for anybody to believe or not to believe. It is not my business. My business is that the interview is a hoax and must not be disbelieved by reasonable people, except trolls. Shikena.

This is what Ben Bruce should be doing, not masturbating on twitter.

This article does not make sense. In the throes of Jonathan's regime, we were in a recession. Did we ever come out of that recession? NO.

Serving judges, as a matter of professional conduct and ethics, do not grant interviews to the press. So this purported interview is a HOAX. PDP and Wike trying to justify the travesty that was the Supreme Court judgment on Rivers State.

Leicester fit use their juju today

Op, you said that by law the ECA ought to be shared, why then blame the state governments for insisting that money in the ECA be shared?

If Ben Bruce wants us to take him serious on this issue, he should resign and support a younger person to take over his senatorial seat.