Chibuking81's Posts
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Bonaza period done land, every day bonanza, as we watch for weeks ahead ![]()
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Back from Christmas and new year celebration, happy new year to all brothers and sisters in lord. Bonanza period has shown face already, with many stocks on bonanza already, as we expect more bonanza in the days ahead ![]() bonanza is an opportunity to make plenty and better money.I said before that bear will open this year 2019, and bull will close it, enjoy ![]() Already bear has opened it, and bull will close it. |
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There is God in heaven |
https://www.vanguardngr.com/2018/12/wike-presents-n480-41bn-budget-for-2019-fiscal-year/ Wike presents N480.41bn budget for 2019 fiscal year ON December 24, 2018 6:56 PM / IN News / Comments Gov. Nyesom Wike of Rivers on Monday in Port Harcourt presented the 2019 Appropriation Bill of N480.42 billion to the State House of Assembly for consideration. Wike said that the estimate tagged “Budget for Economic Growth and Sustainable Development,” was made up of N323.29 billion (65 per cent) capital expenditure and N157.12 billion (35 per cent) recurrent expenditure. The governor said that the sum was N57.70 billion less than the 2018 figure and added that N33 billion had been proposed for pensions and gratuities. He said that the challenge about the plight of pensioners has lingered for too long and promised to tackle it in the coming year. “Certainly, our senior citizens deserve better treatment than what they are presently getting,” he said. He said that the budget would be funded from allocations from the Federal Account, Value Added Tax (VAT) and Internally Generated Revenue (IGR). He said the estimate was premised on an oil price benchmark of 55 US dollars per barrel which was five dollars lower than the Federal Government’s benchmark. The governor said it was also based on the assumption of an oil production rate of two million barrels per day and an inflation rate of 10.9 per cent. Wike said that the 2019 budget prioritised human capital and infrastructure development, adding that it would continue to strengthen the state’s economy, create jobs and complete ongoing projects. He said that a substantial part of the capital budget was allocated to the Ministries of Agriculture, Education, Employment Generation, Empowerment, Health, Sports Development, Women Affairs, Works, and Youth Development He said: “It’s clear by these estimates that the 2019 budget is aimed at promoting economic growth, creating jobs, tackling unemployment, taking our people out of poverty and improving their living standards,”. On the N30,000 new minimum wage, Wike said he would implement the new wage as soon as the federal government reviewed resource allocation formula for states. Responding, the Speaker, Mr Ikunyi-awaji Ibani, commended the governor for presenting “a people-oriented” budget and promised speedy consideration and approval by the house. (NAN) |
https://oilprice.com WTI crude will soon enter 30 plus
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currentprice:so fast Interested period ahead, if it goes down to 30 president Buhari will willingly resign. 2019 budget benchmark was on 60 per barrel, 2018 budget was 9 trillion plus, while 2019 is 8 trillion plus. oil with high speed approaching 40, time will tell. Today bull was more of paper profit, at the opening of next market the whole paper profit will disappear.
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Chibuking81:As Dew is crashing, crude oil price is as well crashing, will NSE survive it?
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The way diamond bank is going up will be the same way it will soon go down, with the whole door locked up. Enough pumping is going, I pity those they will dump on, Fixed deal between Access and Diamond help the pumping air. At last, after the pumping, the deal will die natural death. |
https://googleweblight.com/i?u=https://oilprice.com/oil-price-charts%23prices&hl=ha-NG&tg=80&pt=1#a.prices crude oil price is falling
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We should get our voters card ready, together with prayer for God to intervene. |
Diamond bank just enter |
Labour Threatens to resume nationwide strike January 2 LAGOS— ORGANISED Labour, yesterday, issued a December 31 deadline to the Federal Government to send a draft bill on the new national minimum wage to the National Assembly for passage into law to avoid a nationwide strike in the new year. At a national leadership meeting of leaders of Nigeria Labour Congress, NLC, Trade Union Congress of Nigeria, TUC, and United Labour Congress of Nigeria, ULC, held in Lagos, the Organised Labour also rejected the Federal Government’s plan to set up another high-powered Technical Committee on the new minimum wage, describing it as “diversionary and delay tactics.” In a communiqué signed Ayuba Wabba, Bobboi Kaigama and Joe Ajaero, President of NLC, TUC and ULC, respectively, they threatened a nationwide strike from January 2, 2019, should the Federal Government fail to send the a draft bill on the new national minimum wage to NASS before December 31, 2018. Reading the communiqué on behalf of the three Labour Centres, Wabba said: “almost two months of the submission of the report of the National Minimum Wage Tripartite Committee’s report which included a draft bill, no bill has been submitted to the National Assembly for passage into law. The Federal Government is planning to set up a high-powered Technical Committee which is alien to the tripartite process and International Labour Organization, ILO, conventions on National Minimum Wage setting mechanism. The National Minimum Wage Committee was both Technical and all-encompassing in its compositions. The National Minimum Wage is not only for public sector workers, but for all workers both private and public.” The communiqué reads: “Consequently, the meeting resolves as follows that the Federal Government is expected to transmit the New National Minimum Wage Bill to the National Assembly on or before December 31, 2018.“ We reject in its entirety the plan by the federal government to set up another high-powered technical Committee on the new national minimum wage. It is diversionary and a delay tactics. “Nigerian workers are urged to be vigilant and prepared to campaign and vote against candidates and Political Parties who are not supportive of the implementation of the New National Minimum Wage. Finally Organised Labour will not guarantee industrial Peace and harmony if after the 31st of December 2018, the Draft Bill is not transmitted to the National Assembly.” “This serves as a statutory notice for Organised Labour to recall our suspended Nation-wide Industrial action" Read more at: https://www.vanguardngr.com/2018/12/labour-threatens-to-resume-nationwide-strike-january-2/ |
Mpeace:Lol market is preparing to answer January/February bonanza clarion call . |
Mpeace:https://oilprice.com
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https://t.guardian.ng/news/labour-gives-fg-dec-31-to-submit-minimum-wage-report-to-nass/ Labour gives FG December 31 to submit minimum wage report to NASS By NAN 20 December 2018 | 6:27 pm Ayuba Wabba The organised labour on Thursday said that the Federal Government has before or on Dec. 31 to send the tripartite committee report on N30,000 minimum wage to the National Assembly. The three labour centres, the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and the United Labour Congress (ULC) took the decision after a joint meeting in Lagos. The organiseed labour gave the ultimatum following President Muhammadu Buhari’s statement that a “high powered technical committee” would be set up to device ways to ensure that its implementation did not lead to an increase in the level of borrowing. Buhari spoke at the presentation of 2019 Appropriation Bill to the National Assembly in Abuja on Wednesday. The NLC President, Mr Ayuba Wabba, who address newsmen after the meeting, said that setting up a technical committee could not be a condition for passing the minimum wage report to the National Assembly. Accoridng to Wabba, the organised labour cannot guarantee industrial peace and harmony in the country if the wage report was not passed for implementation on or before Dec. 31. “We reject in its entirety the plan to set up another `high powered technical committee’ on the minimum wage. It is diversionary and a delay tactics. “The national minimum wage committee was both technical and all-encompassing in its compositions and plan to set up a technical committee is alien to the tripartite process. “It is also alien to the International Labour Organisations’ conventions on national minimum wage setting mechanism,’’ he said. The labour leader said that issues on payment of minimum wage was a law that was universal, citing that other African countries like, Kenya, Ghana and South Africa had increased their minimum wage this year. “If you increase minimum wage, you are increasing the purchasing power of the economy which will help to reduce inflation rather than increase it,’’ Wabba said. He urged workers to be vigilant and prepare to campaign and vote against candidates and politicians who are not willing to implement the new minimum wage. Mr Joe Ajaero, President of ULC, also called on the government to send the report to lawmakers so that the implementation of the new minimum wage report would begin without delay. Ajaero said that all affiliate members of the organised labour had been informed to be alert ahead of the Dec. 31 notice if the government failed to submit the report. The News Agency of Nigeria (NAN) reports that organised labour had planned to go on a nationwide strike on Nov. 6, following the Federal Government’s delay to accept the N30,000 minimum wage agreement. |
Apraise:To workers its interest free, but to government/bank it's not interest free because Rivers state has stated that they will be servicing the loan monthly with about 100 million monthly. |
Apraise:If the governor want it to happen, it's very very possible. From level 1 - 13 wage bill should be around 2.5 to 3 billion naira, since entire wage bill is around 5 billion plus, level 14 to 16 are few but has more wage bill. The monthly minus from our salary if the loan is giving should be around 30% of 3 billion times 24 months which should be around 22 billion naira. Even if Rivers state want to use their December IGR and little from their December FAAC share to give out as loan and equally pay December salary the same time, they will still have left over. Banks will rush the offer if Rivers state government approaches them.. |
temple4real:https://www.vanguardngr.com/2018/12/faac-fg-states-lg-share-n812-76bn/ This is an indication that our money will come between tomorrow and Monday been 24th December. Hope our interest free revolving loan will drop in our account together with this month salary? |
What are they waiting for, does it mean that minus election mr president will not do what he suppose to do, by January he will approve #30,000 so that he can only paid ones before election, for me it shows insincerity. As APC chairman is directly supporting #30,000 meaning that he has discussed with mr president, and they are in agreement before he started airing it out. |
https://punchng.com/nigeria-can-pay-n30000-minimum-wage-says-oshiomhole/ Nigeria can pay N30,000 minimum wage, says Oshiomhole NEWS Published December 19, 2018 Friday Olokor, Abuja The National Chairman of the All Progressives Congress, Adams Oshiomhole, has backed the organised labour’s agitation that N30,000 should be the national minimum wage for Nigerian workers. He also stressed that as a member of the Nigeria Governors Forum when he was the governor of Edo State, he had told his colleagues publicly that “when it comes to the issue of minimum wage, I am not with them.” The APC chairman spoke in an interview with journalists in Abuja on Monday night during a reception held for Ayuba Wabba and Safiyanu Mohammed, who were recently elected as the President of International Trade Union Confederation (Global) and African Regional Secretary of International Transport Federation, respectively. Oshiomhole said that his position on the national minimum wage had not changed despite being the chairman of the ruling APC. He said, “I do not think it is about the (APC) party here, it is about Nigeria. Do not try to ask a partisan question. I think you should ask a question that has to do with governance in Nigeria because this is an issue in which it appears all governors on the party platform are united, that is the truth. So, it is incorrect to ask that question from a partisan point of view. “When I was a member of the (governors) forum, I did publicly advise my colleagues that when it comes to the issue of minimum wage, I am not with them, not only secretly, but publicly, that I am going to dissociate myself. I believe we need a national minimum wage, I believe Nigeria is capable of paying minimum wage. I believe the primary purpose of government is the welfare of the people and payment of wages is a function of prosperity. “So, I am clear, whether I am chairman of the ruling party, or other parties, my views are not corrupted by the position that I occupy. What is constant in my life is my background, which is labour , and I do not deny it or hide it. And I am clear that the Nigeria Labour Congress has a right working with the Trade Union Congress of Nigeria to promote a reasonable living wage. “And when I was governor, I made the point because they say action speaks louder than words. I increased the minimum wage from N18, 000 to N25,000 three years ago. If I did it and my successor is paying it then, I think I have spoken!” According to him, the national minimum wage would be necessary because the prices of labour, goods and services have not been static. “The price of labour cannot be static if all other prices are changing and I said this creates a vicious circle. When you lack purchasing power in an economy, how do you stimulate the economy to provide more goods and services and create jobs? “So we create a vicious circle of poor people, too poor to buy and consume anything and therefore those who provide goods and services cannot sell, and because they cannot sell, they are closing shops and more people are being sent out of work. “Now, we should be more bold and courageous. I also argued and it is a fact that those who are more patriotic and inward looking in their consumption pattern are the working class people. They are the ones that buy garri, yam, ordinary tomatoes and fish. They do not import fish; they do not buy Toyota jeeps and aircraft. “Their pattern of spending is such that the money circulates. They are the ones who live in a local room and parlour house, pay rent to a local man whose only pension is the fact that he built a room and parlour house when he was in active service. When you don’t pay them living wages, you trigger a process of vicious circle of poverty.” At the event, the Secretary to the Government of the Federation, Boss Mustapha, said Wabba and Mohammed’s election came to President Muhammadu Buhari “as a pleasant delight that despite what we think our country is, the entire world has come to acknowledge and recognise the excellence with which we lead as a nation.” In their remarks, Wabba and Mohammed promised that although the task ahead would be very challenging, they would not disappoint the nation, adding that they would strive to put Nigeria on the positive map of the world |
mela82:I have checked his profile post, he is not one of us, he didn't belong here, he was just a passerby. |
barikay:Please this page is for serious minded people, the attached picture was what I saw in your PDF attached file, after opening it with your 4448 password, it's bad to deceived people with this your quote.
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PETERiCHY:Hope Diamond/Access deal will not go the way of Japaul oil and Milestone https://investorsking.com/japaul-receive-350m-funding-milost/ today where is Japaul and their deal. Crooks in Nigeria are expanding everyday, they will lock the boat and pump the price, the moment they get to their desire junction they will open the boat and load enough passengers by dumping on them, the news will fade, by them passengers will be looking for exit door with nobody to assist. Then in their mind, the pumpers will be smiling, that people jumped out leaving them to suffer the consequence alone, meaning that now is their time to simile. Doing business with Nigeria NSE companies owners, is always the more you look the least you see. Such presented demand between Diamond/ Access might not be achievable, the news will only serve the purpose of pump and dump. We should be careful. Meanwhile bonanza period is fast approaching with many companies already offering bonanza at their current prize, and will still lower at bonanza main period. bonanza must comeMain while crude oil price is falling Brent is now 57 dollar per a barrel https://oilprice.com ![]()
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econspres24:Are we in one chance administration in Rivers state?. Rivers state is more than times three richer than Enugu state, even after payment of monthly wage bill. River state monthly wage bill is about 5 billion plus, with monthly IGR of between 13/15 billion naira, with more than 12 billion naira monthly received from FAAC. That means Rivers state received more than 25 billion naira monthly as income. 2018 budget was to the tone of 510 billion ( https://www.vanguardngr.com/2018/01/wike-presents-n510bn-2018-budget-proposal-rivers-assembly/ ) Rivers state has the capacity of paying 13th months salary even 14th months, without shaking. But to pay us our 2016 February arrear salary seems to be very difficult, the revolving loan was promised and was advertised but till date none has received, Christmas remaining few days to go, civil servants in Rivers state has not received December salary, where state like, Cross Rivers has received their December salary since 29th November last month with possibility of 13th months salary ( http://dailypost.ng/2018/11/29/early-christmas-cross-river-ayade-pays-december-salary/ ) Enugu has paid and doubled it by paying 13th month as Christmas bonus. These two governor don't need campaign again to win, their goodwill is good enough to earn them their second term. Remember, am neutral am not siding any political party, I am advocating for good governance, and any candidate with a better offer for civil servant will earn my support and vote, together with the support and vote of those who believed in my opinion. It's never too late for our current governor to earn our support, if he can only change and learn from 13th months governors, and give promotion before election, pay our arrear salary, give us the interest free revolving loan he promise. At least let him meet 80% of these our demand and our support he will have. |
kingsjeroneyah:Since 24th is Monday before 25th December been the Christmas day, our alert will likely land on that day, except if the Christmas public holidays will commence on 24th. Anyway we should except our salary between Thursday, Friday and Monday. Hope Governor will not wait for FAAC meeting this time, since Rivers state IGR can take care of the wage bill, he should do the needful, let him not forget to give us Christmas bonus, or better still 13th months salary. As we wait for our promotion news, and approval of new minimum wage as election draw nearer. |
ihedioramma:my good brother is it here you are hiding, just to say hi, because I don't belong here ![]() |
Always listening to the words of the prophet. One thing must lead to another to bring the fulfilment of prophecy. Just within the period, a lot has loss millions/billions in stock like Skye bank, and now Diamond bank, just to mention but few, all the floor mill has loss more than their half, Nigeria flour mill, Dangote flour mill, Honey flour, same goes to other section. Those that join bonanza bus waiting for January/February has nothing to lose. Remember Bonanza loading ![]() Who even transform me to live mode? Back to ghost mode ![]() |
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gold360:Please can you post the link. The date I got online was March 2015 http://www.thetidenewsonline.com/2018/03/30/rsg-sets-up-loan-scheme-for-civil-servants/ , posted by tide newspaper, main while one of our colleague told us that government want to sideline those from ministry of education, because of our population, but I doubted it based on the fact that the governor needed the support of ministry with much population to win election, since the motive of the loan has political undertone |
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