₦airaland Forum

APCnaPDP:
I support you, LP is an offshoot of PDP, we are fighting for good governance. The motto is: anything but APC.
Waziri 2023.

Olodo. And APC is not an offshoot of PDP? Or PDP is not ringed around by APC?

OP, at least you can have a little shame. Your mates do not do copy and paste. They think, they research. They are not found with disgraceful information like yours.

Na sorry be your name.

“ He said that the Assembly said (the previous day) that they now have better facts. He says that the facts are that the Supreme Court ruled that Sir Celestine Omehia was never governor of Rivers State because he never stood for any election”.

Please what are the superior facts. Did the Supreme Court review the judgement recently without public knowledge? The facts remained the way they were when the Rivers state HOA agreed with Wike to recognize Omehia.

It’s simply vendetta on the part of Wike.

Biodun556:
Your economic liberalization will lead to unemployment and devalue naira like to 2000 naira to a dollar

Oga abeg make I ask you. Wetin dey happen to university graduates wey dey find work with all Buhari policies? People wey get handwork, how many of them dey see work do? Abeg wetin be Naira value when una vote for APC/BAT/PMB for 2015? How much Naira dey today and wetin dem tell you say na e cause am?

Abeg I write like this make e for east for you to understand. I no wan talk say e be like say better English hard you small. You just dey write dey go without thinking well first. Think we’ll, ask questions. No follow sentiments, you hear?No vex o.

Biodun556:
Ok we agree that import restriction policy of Buhari led to inflation because local manufacturers can not meet up with the local demands. A reasonable incoming government will make policies that will increase local production and invest more on power sector. This is away of creating more employment and strengthening the naira.

Removing import restriction shows that Peter Obi is coming to kill local industries and free his ibo brothers who are mostly importers. Peter Obi himself is the largest single importer in Nigeria.

To make the matter worst, Obi supporters are using Peter Obi claim to tackle Dangote, comparing the price of his products to imported products sending signals that Peter Obi is coming to tackle Northern manufacturers.

Are you still on this story. Do you live in another planet?

With the same economic policies of Buhari since 2015, where is our economy? Your APC/Buhari shut borders for over two years in the name of “improving local production”. Where has that led us?

Your sitting government has policies in place that kill local industries and you feign ignorance. With all the import restrictions in place, how has foreign exchange improved? Anyway, you may not know anything about manufacturers.

I wonder how you APC supporters are so blind and never want to listen to superior opinion on how to make the economy better.

Obi’s refusal to speak with an ordinary or better still common spokesman like FFK pained him very very deeply.

We refuse to speak with any Mr. Anywhere Belle Face.

FFK carry your hungry man story face APC.

Na wah

Eryyy92:
This prof doesn't even knows what he's talking about. Tambuwal lost against Atiku in 2018 and not 2019. A prof that cannot keep to recent dates and events doesn't deserve to be called a prof

You that kept the date and event and yet you are not a Prof. What should you be called?

Maybe you should be called a professional calendar keeper!

Someone should ask her to forward her account ooo.
That baby is a winner. A joyful child, very clean, very healthy, with a massive future ahead.

That baby is fully OBIdient.

Go back to work. Enough.

Okealaaye:
PANDORA PAPERS: Inside Peter Obi’s Secret Businesses — And How He Broke The Law

Peter Obi serially violated the law by failing to declare to the Code of Conduct Bureau the companies and assets he tucked away in secrecy havens.

ByTaiwo-Hassan Adebayo October 4, 2021

Peter Obi, the ex-governor of Anambra State in Southeastern Nigeria, is widely regarded in Nigeria as an advocate of good governance, openness, and transparency.

In addition to speeches on his governance records and statistics-laden prescriptions for Nigeria’s development, he likes to talk about how hugely successful he became in business before diving into politics.

In speeches and in printed literature, Mr Obi is never shy, reeling out his numerous business affiliations and accomplishments. On his website, for example, the former governor said he “was chairman of Next International Nigeria Ltd, then chairman and director of Guardian Express Mortgage Bank Ltd, Guardian Express Bank Plc, Future View Securities Ltd, Paymaster Nigeria Ltd, Chams Nigeria Ltd, Data Corp Ltd and Card Centre Ltd.”

On that same platform, the former governor also described himself as the youngest board chairperson ever appointed by Fidelity Bank Plc, a 34-year old Nigerian lender listed on the Nigerian Stock Exchange.

But beyond the facade of priggish speeches and appearances, an investigation by PREMIUM TIMES has now shown that Mr Obi is not entirely transparent in his affairs as he likes Nigerians to believe.

The investigation is part of the global International Consortium of Investigative Journalists (ICIJ)-led Pandora Papers project.

The project saw 600 journalists from 150 news organisations around the world poring through a trove of 11.9 million confidential files, contextualising information, tracking down sources and analysing public records and other documents.

The leaked files were retrieved from some offshore services firms around the world that set up shell companies and other offshore entities for clients, many of them influential politicians, businesspersons and criminals, seeking to conceal their financial dealings.

The two-year collaboration has so far revealed the financial secrets of not less than 35 current and former world leaders, more than 330 public officials in more than 91 countries and territories.

Mr Obi is one of the individuals whose hidden business activities was thrown open by the project. Indeed, he has a number of secret business dealings and relationships that he has for years kept to his chest. These are businesses he clandestinely set up and operated overseas, including in notorious tax and secrecy havens in ways that breached Nigerian laws.

PREMIUM TIMES contacted Mr Obi with written questions and had an in-person interview with him weeks ahead of this publication.

The former governor admitted that he did not declare these companies and the funds and properties they hold in his asset declaration filings with the Code of Conduct Bureau, the Nigerian government agency that deals with the issues of corruption, conflict of interest, and abuse of office by public servants.

He said he was unaware that the law expected him to declare assets or companies he jointly owns with his family members or anyone else.

The Pandora Papers, the biggest cross-border collaboration of journalists in history, is an investigation into a vast amount of previously hidden offshore companies, exposing secret assets, covert deals and hidden fortunes of the super-rich – among them more than 130 billionaires – and the powerful, including more 30 world leaders and hundreds of former and serving public officials across the world.

The confidential documents also feature a global cast of fugitives, convicts, celebrities, football stars and others, including judges, tax officials, spy chiefs and mayors.

The leaked records came from 14 offshore services firms from around the world that set up shell companies and other offshore nooks for clients like Mr Obi, who seek to shroud their financial activities, often suspicious, in

Code of Conduct Tribunal HQ

Peter Obi, his daughter and a secret business
Mr Obi has two children- a daughter, Gabriella Nwamaka Frances Obi, and a son, Gregory Peter Oseloka Obi. Sometime in 2010, more than four years after he became governor, the politician developed an appetite to set up his first discreet company in the British Virgin Island. He named the company Gabriella Investments Limited, after his daughter

To set up what has now become a convoluted business structure, Mr Obi first approached Acces International, a secrecy enabler in Monaco, France, to help him incorporate an offshore entity in one of the world’s most notorious tax havens noted for providing conduits for wealthy and privileged corrupt political elites to hide stolen cash to avoid the attention of tax authorities.

Tax havens are politically and economically stable offshore jurisdictions or countries with extensive laws and systems that provide little or no tax obligations, but enable high secrecy and privacy protection for foreign individuals and businesses.

Mr Obi also paid Acces International to provide nominee directors for the company. Nominee directors are residents of tax havens paid to sit on boards of companies to hide the identities of real owners of offshore firms.

So, after accepting a brief from the then governor or his representatives, Acces International officials headed to the British Virgin Island, a notorious tax haven, where it contracted a local registered agent – Aleman Cordero Galindo & Lee Trust (BVI) Limited (Alcogal) — to set up Gabriella Investments Limited for Mr Obi.

The 36-year old Alcogal is a Panamanian law firm that went on to open overseas subsidiaries offering company formation and registered agent services in BVI, Seychelles, Belize, and Bahamas, and the preparation of corporate documentation in relation to the companies formed. It also provides trust services through its subsidiary trust companies in Panama, BVI, and Belize.

After extensive documentation, Gabriella Investment Limited was born on November 17, 2010, with registration number 1615538. Two figureheads – Antony Janse Van Vuuren and Lance Lawson — were appointed its first directors while ultimate control resided with Mr Obi.

On the same day the company was incorporated, the nominee directors met and issued 50,000 shares of Gabriella Investment in favour of Hill International Holding Corporation, a shell International Business Company operating under the laws of Belize, another tax haven. The director of the company is Mr Van Vuuren, also one of the directors of Gabriella Investment.

It is unclear what businesses Mr Obi transacted with the entities but in some communications, they were sometimes referred to as investment vehicles. Mr Obi told PREMIUM TIMES the offshore entity is the holding company for most of his assets and that the business structure he adapted was to enable him to avoid excessive taxation.

“I am sure you too will not like to pay inheritance tax if you can avoid it,” he told the reporters who interviewed him.

The Memorandum of Incorporation of Gabriella Investment said it was set up to carry on or undertake any business or activity, including trading of any commodities or goods, to do any act or enter into any transactions.

Recalibrating the structure and bringing family under the umbrella
Mr Obi has since rearranged his offshore businesses. First, he renamed Gabriella Investment. Beginning February 10, 2017, the company became known as PMGG Investments Limited in what is a combination of the first letters of the first names of Mr Obi’s nuclear family. P for Peter (ex-governor), M for Margaret (the ex-governor’s wife), G for Gabriella (the ex-governor’s daughter) and G for Gregory (the ex-governor’s son).

Mr Obi has also now created a trust known as The Gabriella Settlement, an entity also registered in the BVI. According to Fidelity Investments, a trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. Experts believe that trusts are traditionally used for minimising taxes even though they can offer other estate plan benefits as well.

By the current structuring of Mr Obi’s wealth and offshore businesses, The Gabriella Settlement, which appears to hold all or a majority of his assets, is the sole shareholder of PMGG Investments.

In turn, a New Zealander entity, Granite Trust Company Limited is the sole trustee of The Gabriella Settlement. Sam Access International, the Monaco-based secrecy enabler Mr Obi first hired in 2010 to set up his offshore structure, was until August 23, 2019, the sole shareholder of Granite Trust.

FIRS Headquarters

Antony Janse Van Vuuren, who has acted as a consistent and perpetual director for almost all of Mr Obi-related offshore entities popped up again, making the filing that brought in another Monaco-based company, Rhone Acces Sam as the sole shareholder of Granite Trust. However, Rhone Trust and Fiduciary S.A., a Swiss entity, is the ultimate holding company for Granite Trust.

Mr Peter Obi and his Man Friday

A central and recurring figure in former Governor Obi’s network of offshore companies and on whom the politician appears to place immense trust is Antony Janse Van Vuuren, a 70-year old South African based in the principality of Monaco in France. Experts in Illicit Financial Flows consider Monaco a tax haven because of its generous tax laws and policies.

According to KPMG Multi Family Office, the principality of roughly 30,000 inhabitants does not charge wealth tax, property tax, investment income tax, and capital gains tax. It also does not tax dividends and directors’ fees and unless they are French nationals, resident individuals are not subject to personal income tax while inheritance tax is zero per cent for spouses and direct beneficiaries. It is unclear if it was this mouth-watering tax regime that attracted Mr Obi to Monaco.

What is however clear is that, in 2010, four years after he became governor, the politician or his representatives hired Monaco-based Acces International, where Mr Van Vuuren has been partner and director for 25 years, to help him create a secret and intricate scheme for managing his assets. Mr Obi told PREMIUM TIMES that British Lloyds Bank’s advice informed his offshore structure decision.

From Monaco in France to Tortola in the BVI, to Wellington in New Zealand, and to Geneva in Switzerland, Mr Van Vuuren has travelled around the world running business errands for Mr Obi and taking major decisions on his behalf.

While Mr Obi stays comfortably behind the curtain, the South African has remained the face of the ex-governor’s companies and the assets they hold. For the past decade, he is the politician’s number one business arranger in the offshore world as well as the custodian of the politician’s business-related documents and correspondences.

Mr Van Vuuren, a veteran nominee director for possibly tens or hundreds of shell companies, attended the University of KwaZulu-Natal, where he graduated in 1967 with a Bachelor of Commerce, Accounting and Business Management. He also obtained an MBA from Durham University in 1977.

A History of Playing Offshore

A 1991 leaked incorporation document reveals a certain Peter Obi and two other individuals – Donatus Ogbogu and Uche Okagbue – to have incorporated Beauchamp Investments Limited in Barbados.

The firm was incorporated as an international business company on August 20, 1991, with registration number 7305. The setting up of the company was handled at the time by a certain Peter L. Chase. What businesses the company does and what assets it holds remain unclear. Mr Obi denied knowledge of the firm as well as of Messrs Ogbogu and Okagbue. He said the individual who incorporated Beauchamp was possibly another businessman who happened to bear a similar name as him.

However, Next International (UK) Limited, another of the former governor’s overseas companies, was incorporated on May 16, 1996, in London. Mr Obi and his wife, Margaret, were listed as directors while Next International (Nigeria) Limited (with 999 ordinary shares) and Mr Obi (with one ordinary share) were listed as shareholders.

The exact businesses the company undertook in its 25-year history remained unclear, although, on March 8, 2001, the firm reported taking a mortgage from Lloyds TSB Bank Plc for a property on 53 Clyde Road, Croydon.

Breaking the Law: Number 1

In Nigeria, a person is statutorily obligated to withdraw from engaging in or directing a private business, except if it is farming, upon becoming a public officer, Section Six (6) of the Code of Conduct Bureau and Tribunal Act stipulates.

However, our investigation, based on records obtained from the UK Companies House shows that Mr Obi continued to be a director of Next International (UK) Limited for 14 months after becoming the governor of Anambra State, thereby breaking Nigeria’s law. The politician resigned from the company on May 16, 2008, 14 months after he assumed duties as Anambra governor. He took office on March 17, 2006.

Mr Obi did not dispute the records PREMIUM TIMES cited but he claimed he “resigned immediately” by handing his wife his resignation letter. He suggested that his company might have failed to effect the changes on time or the UK Companies House did not immediately document his exit. But the UK companies registry said Mr Obi indeed resigned on May 16, 2008, and that it received his notice of resignation for electronic filing on June 16, 2008.

Breaking the law: Number 2

Nigerian public officers are required to declare “immediately after taking office and thereafter all” their properties, assets, and liabilities and those of his (or her) unmarried children under the age of eighteen years,” Nigeria’s 1999 Constitution stipulates (Section 11, Part of the Fifth Schedule).

PREMIUM TIMES investigation also found that Mr Obi breached this constitutional provision on assets declaration. We can authoritatively report that Mr Obi did not declare to the Code of Conduct Bureau the companies he tucked away in offshore secrecy havens.

Mr Obi caused to be created for him a structure of secrecy that had previously, until the Pandora Papers investigation, meant he could continue to hold foreign assets in a way that breaches Nigeria’s law without the knowledge of authorities in the country. In an extra layer of secrecy, Mr Obi used paid nominees as directors, while he remains the ultimate beneficial owner, making it nearly impossible to discover his interests in those companies but we obtained rare incorporation documents proving his link.

Otherwise, Mr Obi could have forever hoped to continue to hold the assets, that he did not declare when he had a statutory obligation to do so as a governor, without any authority or the public calling him to account.

In his response, Mr Obi ridiculously suggested that those offshore companies and assets are jointly owned with his family members and that he was not under obligation to declare companies jointly owned. “I don’t declare what is owned with others,” Mr Obi told PREMIUM TIMES. “If my family owns something I won’t declare it. I didn’t declare anything I jointly owed with anyone.”

This is contrary to the position of the Constitution, which specifies the declaration of all assets, whether jointly or partly owned, PREMIUM TIMES’ reporters told Mr Obi. He said he was not aware of that provision of the law.

Nevertheless, leaked records show Mr Obi is the sole ultimate beneficial owner of the offshore companies. So he did not even jointly own it with anyone.

In that case, Mr Obi has violated Nigeria’s Code of Conduct law and, if authorities decide to act appropriately, he could be arraigned before the Code of Conduct Tribunal, a special court that tries public officers for any contravention of the Code of Conduct for Nigerian public officers as spelt out in the Fifth Schedule of the Nigerian constitution.

The Code of Conduct Bureau (CCB) and the Code of Conduct Tribunal (CCT) were established to enforce “a high standard of morality in the conduct of government business, and to ensure that the actions and behaviour of public officers conform to the highest standards of public morality and accountability.”

Breaking the law: Number 3

The former governor could be charged with failing to declare his offshore holdings and their associated assets and operating foreign accounts while being a public officer.

The Nigerian constitution and the Code of Conduct Bureau and Tribunal Act forbid a public officer from maintaining or operating a bank account outside Nigeria. However, as a governor, Mr. Obi continued to operate and maintain foreign accounts, including with Lloyds TSB.

Mr. Obi told PREMIUM TIMES that he received the advice to create an offshore structure from Lloyds TSB, which then introduced him to intermediaries who helped him to set up com where he continued to operate a foreign account as a governor.

The offences violate sections of the Fifth Schedule of the Constitution of the Federal Republic of Nigeria 1999, as amended.

Asked if he is concerned that Nigerians would be disappointed at him following our finding of his opaque and lawless dealings as a governor, Mr Obi said he was more concerned about his U.K. and U.S. schools alumni network, his business and foreign creditors. He insisted that he served well as Anambra governor and Nigerians already have their opinions about him.

The former governor could be charged for failing to declare the company and its associated assets and perhaps operating foreign accounts while being a public officer.

Mr Obi told PREMIUM TIMES that he received the advice to create an offshore structure from Lloyds where he continued to operate a foreign account as a governor.

The offences violate sections of the Fifth Schedule of the Constitution of the Federal Republic of Nigeria 1999, as amended.

Mr Obi and missed tax opportunity

In June 2017, the federal government launched the Voluntary Assets and Income Disclosure Scheme (VAIDS), an initiative seeking voluntary disclosure of previously undeclared assets and income with a view to paying all outstanding liabilities. The VAIDS offered a nine-month window and incentives that included immunity from prosecution for tax evasion and undeclared assets, which would have benefited people like Mr Obi.

A key objective of the VAIDS was curbing illicit financial flows and tax evasion, which commonly feature the use of offshore holdings to shift taxes from where they are earned to havens where little or no taxes are paid.

The government in 2017 said defaulting individuals and corporate bodies who failed to take advantage of the VAIDS would be subject to criminal prosecution.

A number of Nigerian public officials with previously undeclared assets tucked away overseas participated in the VAIDS and got clearance certificates. Mr. Obi shunned the scheme and continued with his opaque business dealings in breach of the law.

You are not ashamed of your copy and paste. No sense in that your mosquito head at all.

RenaissanceGuy:
There's nothing like multiple exchange rates. What we have now is simply black market rates which is normal in every country. Our only problem is that our own black market rate is waaaaaay higher than the official rate.

Please just listen and learn.

Cheers.

Psalmistproject:
Go and sit down mr man.

Go and source for dollars for even education abroad and see the mess going on. But the aboki by the side of the street has enough dollars to fund imports.

You lack knowledge on how the economy operates.

We are the reason why it's a big deal to issue dollar to importers.
What do we import most?
Rice, cars, clothes and spare parts.

All these items are still locally produced here in Nigeria. So what is the problem?

Our goods tend to cost more than imported.

Why is this possible? The ans lies in government willful intervention to build and support industrial infrastructures and most especially electricity production and distribution and refinaries.

Now the government fails on their part then you say others should suffer?

When the borders were open, prices were down and our people were producing and using local goods. Then local goods were far cheaper but when borders were closed and import restricted, that created artificial scarcity then to huge price increment.

Now the naira has become tissue paper and still local goods are far costlier than imported even when every thing used to produce them came from within the country.

Simple analysis, straight forward.

Those who refuse to use their heads will sentimentally continue to follow leaders who enslave them.

Thanks for your comment.

Zorn:
The champagne they are drinking in Nigeria today , are they produced in Nigeria? The import restrictions Buhari placed has it helped the Naira in anyway? Some of you think your Nairaland post changes the reality on ground or should I say you're delusional . All the policies of Buhari has failed because he does not understand the complexity of 21st century Economy. You have more dollars in your bank's than the USA and Don't want your local currency to fall? The Chinese yen vs Naira trade deal that was proposed did it see the light of the day? Now people are throwing dollars in parties and clubs in your country as if it's your local currency but that didn't bother you . What does Reno Know ? Somebody that wants to trade the future of the for the post SA ? Selfish polictical jobber?

Thank you very much.

Unfortunately Reno Omokri ended up not telling us anything.

He should please shut his mouth, rather than keep disgracing his fake self.

N3TRAL:


This man discouraged any enlightened person who planned to vote him yesterday when he tweeted that he will remove import and forex restrictions as president.

The tweet contradicts his proposition to transform Nigeria into a producing country. It revealed his true intentions as an enemy of the country who wants to kill the economy and turn the country to a dumping ground for his importation business.

I'm not surprised. He wasted Anambra's funds in his family beer palour business.

---

BOLA

AHMED

TINUBU

(THE JAGABAN OF AFRICA)

IS THE NEXT PRESIDENT OF NIGERIA.

KNOW THIS AND HAVE PEACE ✌️

Did you read through carefully with understanding. In short, do you understand what he's talking about?

Please if you do not understand, respectfully ask a knowledgeable person to break it down for you gently.

We do not need sentiments in electing our new President.

Vote wisely.

Very clear manifesto.

Straight to the point. Exactly what we need as a nation to get better.

Bobloco:
I expect you to be more intelligent than this


Honestly

He cannot be. Certainly, daily eating of ewa agoin and Agege bread trouble him a lot.

No Femi Fani Kayode is the mannerless dunce.

Obi simply put him in his position. Obi said to him "I no be your mate in anyway". Obi said to him "boy, go talk with my spokesman".

FFK may be pained because Obi no dey give shishi. LP is not the place for the likes of FFK. He can continue jumping from APC to PDP and reverse, searching for crumbs

If FFK wishes, he can just contest for an electoral office and stop that follow follow life.

Is this man a burgler or a senior government official? Maybe he carts away expensive wine and food during his operations. He looks too fresh.

See the haircut. This one no joke with Affang and Edikang Ikong.

He needs to get to prison for some body panel beating and resetting jobs.

Shameless man.

At least he should talk of Delta State where he comes from. We need to know how his state is like.

babaolofin:
It is not about being emotional, but analysis based on experience and reality on ground. I will come back late in the night to explain some factors that made Obi analysis a container economic theorem. I am at a program now.

Meanwhile, I pasted part of my earlier submission below.


Peter Obi was the Special Adviser to Goodluck Jonathan on Economy, the economy failed woefully. That time, he was the Anambra State governor and Jonathan honoured him and made him Special Adviser on Economy, his sister, Ngozi Okonjo Iweala was the head of the Economic team, they liquidated Nigeria, after, the woman ran away.

IBETO was allowed to import and package cement in PortHarcout while FMN, BUA, Dangote & Lafarge invested on local production. There are so many things I don't want to discuss here. Apart from IBETO, there are many other deals that took place among their kinsmen. That is why they insisted Jonathan should not be probed.

In 1993, during the Presidential Debate on NTA Network service between Abiola and Tofa, Tom Ikim and Nduka Obaigbena were on the side of Tofa. They asked them a question on how to bring exchange rate down and stabilize Naira. Tofa said, he would peg Naira to Dollar rate. Abiola said a Glasgow Trained Accountant can never say he would peg Naira to Dollar. He explained that there are factors that forces exchange rate, you analyse the factors and work upon them to control exchange rate.

Container economist can say anything.

Bro you are being emotional here.

Peter Obi was the special adviser, agreed. NOI was the finance minister, agreed. But did you not hear that GEJ did not muster the political will to execute their policies, for example saving from the oil windfall then?

If NOI liquidated Nigeria, how then is it that after witch-hunting her, PMB put forth a proposal to her to continue as the finance minister? The woman turned it down.

How is it that the economic policies of the present APC government have largely failed? Can you explain all?

Throwback:
But most who are zombiedients now were supporting Atiku in 2019?

Did Atiku change after or you were willing to support him as long as he had Peter Obi as his spare tyre?

1. PDP knew that power should rotate to the south in 2023.

2. Atiku knew very well that it was the turn of the south, particularly the south east.

3. Atiku forced his way on the party, insisting that PDP did not have power rotation in their constitution.

4. Obi appeared and we knew that the right candidate had turned up.

5. Obi is trusted to rescue our country from the grip of the old elders.

6. Peter Obi was the Vice Presidential candidate in 2015 because it was the turn of the north to produce the president.

7. Now Obi stands on his own, and we stand with him.

thebosstrevor1:
You know nothing.

"Well firstly I didn't write it for you . I wrote it for someone who might want to understand what obi said

I dare you or any tinubu supporter to challenge obi policy .. buhari 7 years is a full proof that protectionist economic policies never work ...I dare you counter my points. ..pick any product as your case study ...I dare you@.

Someone said the above to you earlier and you tried to bluff your way out of it.

What is the purpose of being an economic arm chair analyst when you cannot figure around simple questions being thrown at you?

thebosstrevor1:
Go to ogun state and other industrial areas in Nigeria, you will see the manufacturing industries we have.

Obi wants to totally kill them, not only that, he wants to also kill our agricultural system if he remove restrictions on import.

We are in for trouble. Obi shouldn't be voted into power.

How many jobs have been created? How many industries are working? Talk with manufacturers first before commenting. Tell us how APC’s economic policies have made this country better since 2015.

obyno82:
Ahhh!!!!!! finally you have just shown that you don't have sense. The reason for the slide in value of the naira is the multiple exchange rates that was created for political expediency. Now if you have a single rate and abolish fx restriction which can allow for exporters to sell the FX they bring at good rates to banks and government and at the same time allow bank to source for dollars at a single rate that alone will signal the country being ripe for business and companies will establish and jobs will be created.
But alas you have advertised online real time your stupidity.

100%

Kagd10:
Your Peter Obi was the Master planner behind Madueke's corruption case.

School boy. How was school today? I am sure your age range should be between 14 and 17.

I do not expect to exchange with you. You know absolutely nothing. I will wait until you are old enough to understand the realities of life.

Greet daddy and mummy for me, as they say.

Kagd10:
True



Buhari's APC performed better than Atiku's PDP.

If not for the insecurity of killer herdsmen due to the fact that Buhari pander to the outside strange looking murderous Fulani criminals from outside Nigeria, he would have been better. He should have learned from Obama who didn't pander to outside Kenyan criminals to come into America to cause mayhem.

Save for insecurity and economy, APC tried better than PDP ever did in the area of infrastructure.

For example:

Railways at Lagos-ibadan, Kaduna-abuja etc..

PDP didn't pay their part in the co-founding with the Chinese investors for the railway. They thought they don see Chinese maga to fool hence why none could take off. It was APC administration that paid the counterpart funds for the railway to kick off.

Other infrastructure includes

Zik maoseleum

Baro inland port

Kaduna inland dry port,

Port Harcourt airline terminal.

Abuja airline terminal.

Northern Rice mills.

Construction of our express highways and bridges such as:

enugu-onitsha express
Lagos-ibadan express
second Niger bridge etc.
Kogi-abuja express etc

Payment of all pensions of airline staffs that were forced to retire after the shambolic privatisation by Atiku. PDP didn't pay them in the last 16 years.

As a matter of fact, Atiku was the Chairman of National Council on Privatization superintended over the mass sale of our national assets with ZERO TRANSPARENCY.

Ajaokuta steel is still being contested today after the shambolic privatization without transparency by Atiku.

PDP did the same bogus privatisation of Nigeria's electricity Discos. Nigerians are still suffering from the effect of it today.

Other shambolic privatization led by Atiku apart from Ajaokuta steel, electricity disco, nitels, airlines are these below.

Nafcon
Eleme Petrochemical
Daily Times
Ughelli Power
Egbin Power
NICON Insurance
ALSCON
Transcorp Hilton Hotel
NICON Luxury Hotel
Sunti Sugar Ltd
NetCom House
Bacita Sugar Ltd
MM2
nigerdock etc..

In Buhari's first term, He even improved our Foreign reserve from $26b to $43b despite the little oil revenues in his first term. As a matter of fact Ngozi Iweala had predicted recession for Nigeria in Jonathan's last year in office because of the Fall in oil prices and the fact that Jonathan didn't save. Jonathan had huge oil boom during his tenure but failed to invest and save before the fall in oil prices in his last year.. to make it worse, Gej looted Nigeria's foreign treasury to a stand still. That was how bad it was. Economy was already crumbling in Jonathan's last year in office. Even Iweala said Nigeria wouldn't get out of it.

PDP was shambolic before they left office. Buhari's APC was better when they came in.

It was actually in Buhari's second term that he didn't try despite oil boom. Plus Insecurities which became rife in his second term. Of course Buhari can't blame anyone for the economy in his second term because there's oil boom in his second term whereas in his first term where there was none plus the fall in oil prices.. Now, this made me want to check the people in Buhari's cabinet in his first term and his second term.

So yes APC tried better than Atiku's PDP Only problem with Buhari is pandering to outside Fulani criminals from other countries. That won't change with Atiku who's a Fulani who boldly champion killer herdsmen. And to add to it, he's a chronic looter

How old are you? Are you out from secondary school yet?

What is there to loot anymore? How can the pot call the kettle black?

There are too many cases of looting in the last 7 years of APC. So far we have not heard of what happened to the Auditor general and over N100B looted. Under APC, it has been very constant, total and fearless embezzlement. They told of of fighting corruption frontally in 2015. Now corruption has clung onto them joyfully.

That’s why we must vote for accountability any day and any time.

Obi is the man.

Nigerian politicians and pettiness are completely inseparable.

Viraltrends123:
You are a fool trying to justify Obi failure as ANAMBRA state government, with baseless arguement that that Lagos was the only capital I'm Africa.

If you can't do simple research , please avoid me, if you can't check YouTube for videos about you country, please and please, avoid me, I'm not like you brothers that you will just drop lies to and that will swallow it. Lagos development is as a result of continuous good governance.

Do your research, calabar was once fct. I don't have time to be arguing with someone who think he's always right.

1. Lagos is by far more developed the bothe the Present Abuja, Former calabar.

2. Lagos is by for more developed than 90% of present and former FCT in Africa. Or was Lagos Africa only FCT.

3. You will later say Lagos development is not as a result of good governance but Nigeria failure is as a result of bad governance. Is Lagos richer than NIGERIA, is Nigeria ever a poor country.

4. You will claim Lagos development is as a result of being in contact to the Atlantic ocean, is Lagos the only state in Nigeria in contact to Atlantic ocean, why is it having the 3rd most performing seaports in the whole of Africa.

5. See, I don't see any reason I should be discussing anything with you. Check the revenue generation spike, the year it happened, compare it with the GDP, Lagos development lies solely on wealth, and that's what Buhari government don't know, if we can get that spike, and we become very rich again, money will solve all our people, yes including security, money solves all problems.

Please, avoid me seems what your are trying to do is to justify Anambra failure, why is it that you guys concern is Tinubu and lagos. Why so much pain, Lagosians claims still hail Tinubu and Fashola today, they are happy with them, what the Bleep is wrong with you guys

A psychopathic child with no idea of history. What a sociopathic rat with absolutely no knowledge, pretending to know.

A complete idiot who is a complete example of the assertion of the white colonialists that black people do not read.

How you would not use your filthy emi lo kan bribe stained fingers to research shows how you absolutely lack. How you would set off your reply with abuses and thereafter claim that others abuse you. You show how untrained you are in the absolute terms.

How should I bother myself telling you that Calabar was the capital of the Southern Protectorate, when Nigeria had not become a sovereign nation? How the Northern and Southern protectorates were amalgamated to form one nation called Nigeria in 1914, when Lagos became the capital of that One Nigeria? How would you not know that simple elementary historical information, if it is not a clear indication of your educational disability.

“Calabar was once fct”. Just look at you. You do not even know what’s called “FCT”. How would you know the simple word protectorate, how much more understand what the word amalgamation means? How would Calabar be the federal capital territory when it was the capital of a Southern protecrorate ONLY, just like Zungeru and Kaduna for the North, starting from 1900?

Aaaahhhhh. You are a complete OLODO. No wonder people like you just follow your oppressors, slaving for them, without standing to check how far your lives go.

We are looking at leaders, irrespective of tribe or religion. We are looking at those who are worthy of our votes. We are looking at people who we should should accountable. You on the contrary assume that we are competing for mundane things.

Why should I not avoid you, when you do not have an iota of decency? Your words are absolutely baseless.
Think before you argue with people who know far more than your unlearned self.

What do you expect from an anywhere belle face man?

Why won’t FFK contest for a political office by the way?