₦airaland Forum

Lol....you see your warped sense of reasoning of most of you outside.

Anybody who dares speak the truth against your Tinubub must be igbo or IPOB. Unfortunately for you, I am Yoruba,not all of us have thrown our core Yoruba heritage and values in supporting the truth,honesty, integrity and fortrightness in a leader away in exchange for pittance from liars and looters.

Secondly, you know deep down in your own mind too that all I have stated is the truth but maybe your blind ethnicity or whatever you gain in crumbs from these people that have looted the destiny of your generations for their children have so blinded you from admitting that they are all in the public domain as the truth.

Keepnl suffering whike they loot you blind, you hear?

7upnigeria:
No wonder igbos are backward in development. They have money but dont have sense.

EVERYTHING you typed above, you heard them from somewhere BUT NONE IS TRUE. If all you said above is true, I can also say that your mother is a PROSTITUTE and your Father killed his sister.

Its a waste of time getting in an argument with a madman because people will think youre also mad.

Lol...to what gain? Besides, no serious country wants to be associsted with a fomer drug dealer except to use his head like France is fingering Tinubu's brain to undermine other French ex colonies in sahel and Germany did when Julius Berger needed their government to intervene over the high handedness of the Minister of Works on some contracts.

budaatum:
All Keir Starmer needs to do is to subtly start to praise Nigerians and organise a trip to Abuja to sign a trade agreement, and the rug will be pulled from beneath her.

Tinubu's non political acheivements

1. Stole other people's identity
2. Stole identity(ori olori) to travel abroad
3. First he claimed Forged certificate of University of Chicago until Gani Fawehimi called him out and he quickly recanted it
4. Forged the Chicago State University certificate
5. Claimed he was a CPA-A chartered accountant (CPA Illinois denied to have ever had such a person)
6. Lied he went to school that was founded after he claimed to have graduated from there(GC Ibadan)

Political achievemets

1. Stole Lagos state blind and turned the citzend to beggars
2. Pocketed all the mega resources of Lagos
3. Turned Nigeria's economy from 1st in Africa to 4th within 8 months
4. Will be a one tenured president.

I dont envy all of these, sorry

7upnigeria:
If you truly know Tinubu's achievement as a person, you'll understand that its your ENTIRE LINEAGE that specialises in blaming Nigerian Presidents that's a failure. Tinubu only became President in 2023 but your family has been blaming different Presidents for their unseriousnesss IN THE SAME COUNTRY where other people are becoming rich.

Better don't pass this idiocity to your children, otherwise they'll also blame the person that will be president in their time for their failure.

This guy is a mofo. I initially thought he was a progressive in thinking until he became a minister and we found that he was gbajue all along

Illiterate. INEC chairman can not be removed by the President. He is not his political appointee.

Zulu11zulu:
If tinubu faill to remove yakubu INEC chairman he will restore a fulani man and tell tinubu to go to curt.

The man is on mission to return power to fulani before he retired.

He always in the meeting with powerful fulani people in soudi Arabia I have the evidence if he denied it I will send it to the media.

Dey there dey para
The mumus will still vote him in and he will win if presented. You will be shocked.

They don't have brains

SensetionalGoal:
What an effrontery!

How can seyi tinubu dare to present himself for an election.....knowing fully well that he is not from lagos state couple with the fact that his father a self acclaimed president is still there, Like who does seyi think he is

Bro...its saddening but I have steeled my mind not to pity Nigerians or feel anything for them.

Before I left Nigeria finally, I used to go to the Teaching hospitals in Lagos to give my own "first fruits" to support peope who might need help to pay for their hosital bills,buy medication pay for tests or get a discharge from the hospital. There is no time that I return from those visits that I dont have mental depression for weeks. I see people dying because they cant afford to pay for medication or tests or even surgery for as little as of 50k. Yet I see the houses and cars worth billions of naira these politicians buy for their children schooling here and these foolish citizens still hail and praise thes same politicians. A fraction of the money these looters lavish abroad could save thousands of lives back home.

The money Lagos state government wastes on political cronies on an annual basis is enough to build and sustain 2 or 3 more first class teaching hospitals the size of LUTH for free medical care in the state. How some people are comfortable stealing all of that and still have the conscience to tell the masses to keep enduring poor services and poverty is what I can never understand.

Yet, these foolish citizens hail defend,kill and miam themselves fir these same set of looters.

iwaeda:
You are not lying. I see some of them too, 65% of Nigeria money is abroad. Reason all these developed countries are not helping us, after they have made enough profits from looted funds, they will now be returning Abacha, Diezani's loot. Why don't they stop the wiring of huge some to their economy. Not just Lagos, everyone in position are milking the cooky jars. Some of the oppressed will still be defending them.

Lol.....with info I had when I was in Nigeria, it is not shocking to say that Lagos State is the most corrupt of all states. The money stolen from Lagos State alone is enough to make that city close to a mega city in developed countries.

I actually did a personal research on how much Lagos state government wastes on corruption and those given to all people like those in the Governors Advisory Committee since 2007, based on the privileged info I had, it was enough to build another first class well equpped teaching hospital close to the ones we have in developed countries. Those monies end up in private pockets. A lot of the monies end up abroad. I know two LCDA chairmen in Lagos state who bought houses in Canada and the US and moved their families out in 2024 alone. Even councillors are buying houses abroad. The corruption is so massive.

Most of those people saying they are making it in Nigeria are actually beneficiaries of corruption.

...mumu talk

olisaEze:
People that passed N9.4 billion for the presidency’s refreshment & N344.85 billion for themselves alone, have no moral right to complain because of N1 billion! They have literally turned the country into Animal Farm. The log is right there in their eye but they prefer we focus on the spec in another’s!

He means their pockets...

You dey mind the senile caricature of a person. He misyearns whenever he is high on drugs

Tueh.....! This one can never be my president

DatNiggaDaz:
Tinubu why don't you live by example & stop begging your colonial masters money.

Stop running to france for checkup, that does not make it possible for Africa to develope herself.

Stop buying yacht & Airbus from europe. Will that help Africa ?

Why do you give contracts to build roads & bridges to lebanese, german & the Chinese.?

You are not living by example, just fooling yourself & your miscreants with jargons & propaganda.

Tinubu you know that Africa can develop herself but you implemented the policies of your slave masters IMF, World Bank & saying rubbish

You are a loser, CIA agent for the West & a failure to your mandate standers. You have the opportunity to prove to your standing miscreants that Nigeria can develope herself first before running useless mouth about Africa

You know you are a bloody hypocrite Tinubu

Lol....this man is a disgrace and full of contradiction

Africa has what it takes to develop itself yet you keep going alms in hand to beg for foreing aid loans and investments. His speech at the G20 summit was more of a diseased and impoverished African begging for help.

No issues bro. We are all learning everyday. All the best in your endeavours. Apologies for the harsh words

SmartyPants:
I never claimed to have any special knowledge of public finance. Nor did you initially introduce yourself as an expert in that field. Why would you expect that I should accept the arguments of a random moniker on Nairaland at face value?

Anyway, I yield to what appears to be your much superior knowledge of the subject.

Lol....nonsense. You keep proving it to me time after time that you are nowhere close to being literate talkmore of getting near anything smart. For the sake of those who invented the language, remove anything smart from your moniker.

You are just writing gibberish. Answer simple questions, you keep referring to television broadcasts of a minister that has been known to falsify historical information and known to have given misleading information in the past. Bull. I dont swallow their nonsense hook like and sinker...you may do becuse you are a simpleton... I do not.

Now listen(if your thick skull will allow you to understand). The 2024 budget had N7.trillion as Capital expenditure of which N2.1 trillion was for infrastructure(where the Coastal road would have fallen if it were initially put in the budget but we all know it was not as confirmed by the minister of finance). 3 days ago the Minister of Finance stated that the funds released for capital projects of the 2024 budget was 25% of the entire 7 trillion(meaning they only released 1.75 trillion the entire year for all capital projects).

Are you then making that stupid assumption that all Capex expenditure was released for only the coastal road all year and nothing else or little to other projects (even if the coastal road was not in the budget)?

Where did Umahi get his 1.06 trillion? No government in the world(except criminally minded ones in your country release 100% of funds for a counterpart funded projects)

That you allocate extra budgetary expenditure to projects does not mean it is 100% cash backed. Governments dont operate accrual accounting system, they release funds in batches. If the remaining of the 1.06 trillion will be released in 20-25, it must be put in the budget. That is what the editorial is calling out.

Any little knowledge of public finance will tell you that you don't even use Virememt(which you foolishy suggested might have been used to reallocate funds to the coastal road) for Capex but for Opex

You actually dont know what you are blabbing about. I have seen enough to admit that you know little about how public finance works. You are probably a political jobber hired to make public comments on what ehat you don't even have an idea about.

I practiced public finance at the highest level in Nigeria before moving to other things. When I speak, people listen. It is not with simpletons like you that I discuss

SmartyPants:
If you agree that an extra-budgetary source was used, then you are most silly for the rigmarole you have just engaged in. I have said nothing other than to state just as much and to further state that there is no further need for budgetary allocation because, ostensibly, the funds have been released according to information in the public domain. As you've rightly said, I'm not an expert in public finance, and that is why I rely on the statements of those who are: being Alhaji Abubakar and Mr. Umahi.

Common sense says if you insist differently, then provide the evidence. Where is the evidence of what has been released and what is pending?

As to where Dave Umahi said it, the information is clearly in the article I sent.

On March 31, 2024, Umahi came on Channels Television’s Sunday Politics programme where he pointedly said that the sum of N1.06 trillion was released to Hitech. Only for him to say on TVC on April 11 that the same money been released.

If you would like to watch the video yourself, I'm sure you know what to do. Since Umahi has never refuted this particular statement, it is safe to presume it to be true.

Lol...simpleton

If only you had a tiny part of your brain send signals to you that you don't have a faint idea of how public finance works, you would not be embarrassing yourself publicly.

The question is where did Umahi ever state that 1trillion was fully released. No government does that. Even in the saner climes. The money was unbudgeted for and since givernments operate cash accounting budget, that additional or extra budgetary spending money would have had to be sourced somehow(borrowing or way and means). If there was need to do fund reallocation up to the tune of N1 trillion from previously approved budget without going back to the National assembly, the Fiscal responsibility act forbids that totally So how come they did it and getting away with it? Reallocated 1 trillion nairail capital expenditure like that?

You sound like someone who is pedestrian in public Finance. If your source of knowledge is what Atiku or whoever says, without passing it through your own thinking and pedagogy, then you are worse than I thought....

Money for the 1st phase of that project was not fully released, remaining will be done in phases. What the editorial is calling for is to ensure that it is put in the budget this time rather than use an extra budgetary means like the last time. Simple. And they are correct.

Rest of your gibberish is not worth reading

SmartyPants:
These are genuinely moronic questions. Money can be drawn out from other budget lines if someone wants it badly enough. As it is, we don't even have info on how the subsidy savings have been used.

And as it is, your position is that although phase one is nearly complete, there is no funding for it because it was not captured in the budget. The contractors must be magicians or immensely stupid, then.

Common sense should restrain you from these sorts of meaningless queries.

As to when Umahi said it, you can find the details in here: https://www.thisdaylive.com/index.php/2024/04/12/fg-goes-granular-defends-lagos-calabar-coastal-highway-says-no-personal-interest/

I suppose Atiku too doesn't know how government works. Guy you're a moro.n and I have no further interest in engaging with you.

Lol...where did Umahi bstate that N1 trillion naira unbudgeted amout had been released entirely?
Where did FG get and additional 1 trilion naira that it never busgeted for and released it at once? Did it print the money or it birrowed it....? Simpleton .

Yet the 2024 budget performance for capital peojexts according to your Finance minister was 28% but your brain told you N1 trillion was released gboa....just like that.. money that was not budgeted.....is that how public finance works?

A lot of you should be in motor parks selling gala based on how your brains work. Once they give you 30k and one 2nd generation computer coupled at Ikeja computer Village, you just type anything your shallow brains tell you to....

SmartyPants:
You're just being stupid for no reason. It is clearly stated that the FG is funding the entirety of the work in phase one as the private partner was struggling to arrange funding. So you are attempting to argue that the work is progressing without being funded either by the FG or the private partner. What's wrong with you? This is minus the fact that Dave Umahi explicitly said the funds had been released. You're a total waste of time.

You know nothing about public finance and budgeting. That 1 trillion was not budgeted for in 2024. So where did you get the fact that ut reflected in 2024 budget?

Mathewrichard99:
Thanks for that sharp answer. That's the more reason they omitted it in the 2025 so as to avoid budget repetition as was the usual practice of the past governments. The construction has reflected in the last budget and it's still inconclusive, therefore, it's not going to reflect in the new budget again unless there's something about the project that wasn't included during the last budget. I think this budget 2025 will be TINUBU first comprehensive original budget since he came in.....

Lol..try and remove anything like :smart" in your name. You are not even close to it. Now listen

In your mind , FGN released the entire 1trillion at once...mumu

No government or financier in the world releases the entite counterpart funds at once and they are carried over many years ot number of years they have to.

Your post below shows someone with no knowledge of how project financing and public financing work. Very pedestrian.

SmartyPants:
Who is this one? And what gibberish are you going on about?

Everything I quoted gives the context, moro.n! The FG stepped in to fund it to fast-track the process, but that was meant for phase one and phase one only, meaning there is not meant to be any further FG funding. So what's your point?

You see your life outside. I knew quite well you didn't know anything about public finance and you proved me right.

Now listen carefully so you can learn

No government(including the western ones) put 100% of funds out on their own a projects, talk more of counterpart funding of a public project of that magnitude. What this means is that the N1 trillion of FGN was not released in full at once. It must have been released in parts. In your mind, FGN has pushed out N1 trillion for the project(something that was not even budgeted for omin both the 2024 budget and the supplementary one)

So, the balance of what is not released yet will have to be budgeted for otherwise, there would have to be another extra budgetary appropriation (with its political ans economic/inflationary implications)

Have you learnt now? Now, whose brain emwas not well formed...oponu

SmartPolician:
If your brain had developed properly when you were forming in your mother's womb, you would've known that my comment was made under a caveat.

Government brings 1 trillion (which is already sorted), and the contractor brings 15 trillion. And motorists pay the contractor through tolls. Hence, no need including the project in the 2025 budget.

You are the mumu here. Who is funding the first pahse?

SmartyPants:
How can anyone write/read this and still question why its not in the budget? Was it ever meant to be in the budget??

You are actually not smart afterall.

Did you read the oart where it was stated that Phase 1 was an extra budgetary expenditure, funded by the givernment of Nigeria?

SmartPolician:
If the contractor is going to finance it, it shouldn't be in the budget because funds won't be allocated to it.

As long as the 15 trillion will be sourced by the contractor and motorists tolled for using the road, building the road is not a bad idea after all.

No mind them. A lot of them are undeducated though

AK481:
shey na the whole 15 trn dem put for last year budget ?

these pro tinubu handles are funny

Obviously, you know nothing about public sector budgeting

zero8zero:
What's the fuss?.. the project is in progress. Last year's budget is still running and has been extended to run concurrently.

Guy...u too get brain.

ivandragon:
It is expected.

As a special assistant, the very reforms you say the masses must endure are subsidised for you. Government pays for your fueling, your travels, grants you easy access to foreign currencies and other privileges that insulate you from the same policies you are justifying.

The questions I continue to ask are:

1. If fuel at N985 is seen as ok today, why did BAT condemn fuel at N145 in 2012 with subsidy removed?

https://dailytrust.com/flashback-how-tinubu-criticised-jonathan-over-petrol-subsidy-removal/

2. In his 2023 campaign, bat promised to bring down the price of pms which was around N175 at the time. So how come he and his supporters are arrogantly rejoicing that pms has 'come down' to N985?

https://punchng.com/video-of-tinubu-promising-fuel-price-reduction-resurfaces-online-amid-hike/

3. In 2014, bat said the foreign exchange rate of N217:$1 was too high and showed Government incompetence. So, why is he now saying that N1600:$1 is a good deal and a sign of progress?


4. In his 2023 campaign, bat promised to reduce the rate from N600:$1 to N300:$1... so why is N1600:$1 now being touted as an achievement?

https://medium.com/@FromLagosto/broken-promises-a-critical-review-of-bola-tinubus-campaign-promises-and-nigeria-s-current-reality-ce2917b7e684


Until bat explains these his somersaults, he will continue to be seen as a liar, deceiver, selfish and cunning man who prioritises his selfish interests over the good of the masses.

The fake accountant cum drug baron is creating more here.

Lol....APC went to get the lowest of all, pay them 30k to do their image washing. Imagine?

Now that this dude is banned, how will he earn something to feed himself and family?

Mods, please pity Wyccat and unban him. I am begging on his behalf. He has no other source of income other than the 30k stipend and the N1,300 ticket money they share daily at the Oshodi Local government HQs

ycat:
MYND or mynd, Seun Osewa

Can someone explain to me why this guy is still here while Wyttcat is banned for responding to him? Is there a special code or status involved? So you guys are now openly bias?

I don't ever call on mods because I can handle this platform all by myself. So why do people who throw insult now are shielded by mods? Justice is when you ban both sides.

Just want to know if it's a mistake or if how it is.

You are either going to ban him too or unban Wyttcat, this injustice can't stand.

"a moderator banned Wyttcat for Blazetrailer This transgender nutcase just made an announcements about his equally foolish pig mother.. Ban expires at March 08, 2025 at 06:56:16 AM.

Banned by a moderator in Politics for God punish your father and mother more, olofo!" Violation of rule 2 . Ban expires on"

Amen

Sincerebaby:
Just go like that o, don't come back

Lol...one week! Dude running asay from his blunders.

Since the national grid has collapsed again, he is going to recharge himself in Dubai for one week...lol

Lol....you are not even half as smart as I thought... who doesnt know whon is typing under a new Username?

Instead of cursing the moderators, why dont you help yourself...look into the mirror, what picture are you seeing? It must be that of a blinking ass

Mods, for all the curses on the post below, i recommend this girl(Ycat/Wyccat) be banned from Nairaland for life for violating rukes 2,3,4,7 and 19

Oro naa dun...o fe ke...

ycat:
Blazetrailer

It's not your fault at all, I didn't know that you are well connected here, but guess what, that mod that banned Wyttcat and left you roaming has already banned himself/herself from joy and happiness this year and if he/she banned this ycat too, he/she must bury every child he/she brings to this world and will never hear congratulations, as long as he/she lives, only sorry will people say to him/her. And the blood and flesh of that mod have agreed.

Now call your nanny mod again.

I already gave them chance to correct it but refused

Lailai...his tenure expires 2025

ufotunang:
..he is Tinubu man... Tinubu will keep him for 2027 election to conduct the election.. Tinubu likes him

Ouch!! Lol...I did not know it would hurt you so much. The guy was just advising against irrationality and bragging spirits that add no value to life or property,given his own experience.

You may choose to ignore his advice and act according to your whims,albeit stupidly and irrationally.

I built houses in Nigeria including a mansion nobody lives in, I am currently liquidating them for better investments abroad. I can relate to what the guy is saying.

nedu666:
What nonsense are you typing. Are you the one to tell me what kind of house I should build. Are there not tens of thousands of houses lying empty in lekki. Are there not fully built estates lying empty in Abuja. You are too blind to see that one. Your eyes opens only when lgbo house is empty. Prof of lgbo affairs