Chibuking81's Posts
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If FAAC want let them share the money together with this month FAAC allocation. Rivers has paid their civil servants together with Ekiti state. I know they will hurriedly share the money next week, as soon as Ekiti state election finishes tomorrow. |
https://www.thisdaylive.com/index.php/2018/07/13/again-faac-meeting-postponed/amp/ Again, FAAC Meeting Postponed States insist on permanent solution to NNPC issue Ndubuisi Francis in Abuja The monthly Federation Account Allocation Committee (FAAC) suffered another adjournment yesterday, the third since June 27, 2018 and the fifth since the beginning of the year, over controversies surrounding remittances by the Nigerian National Petroleum Corporation (NNPC). The allocations for the months of May and June were yet to be distributed among the three tiers of government following the rejection of the NNPC remittances. |
dmercy141983:What sigerate smokers needed in siger is just the smoke. Whether he pay through the IGR, FAAC share, or borrow from bank is not my concern, my concern is for him to pay the civil servants as of when due. Come to think of it, the money been shared by FAAC, is it own by federal government? If federal government are tired of sharing allocation, they should allow state resource control. My most concern now is for governor to promote all the Rivers state civil servants to the next level, fasten the giving out of the revolving loan. I am not a politician yet, I like Amaechi, as well I like Wike. But when any of them exhibit bad character I will kick against them. What Mr governor need to do now is to be workers friendly, which he is not for now. He will earn that by promoting and implementing the promotion. |
dmercy141983:Whsr |
locodemy:More grease to your elbow. ![]() |
locodemy:If you sell at #24 and keep the money to buy at @ #13/#14 before/during election period, you will get almost times two of your present holding. If you fail to sell now, you will still have yourself to blame when the price get to #18, you will regret of not selling at #24, from there to #14. ![]() |
locodemy:The door and window are still open for you to bailout. Patient is the answer, or you don't want to buy 1 and get 1 free during election. Southern kilometer 14/13 might not be far from reaching. ![]() |
Governor Wike has done the needful, Diamond bank has responded. He has proven to federal government that Rivers state does not need FAAC money before paying their workers. if FAAC want let them share the money next two weeks. |
kingsjeroneyah:If it's only my effort and my data I will put in to earn money in wakanda and not my money I am interested. Did wakanda registration and transaction involved one pay in money to register and transact? |
Someone doubt it, when I maintain that FAAC money will be shared and disbursed immediately after Ekiti state election. Now I hope he can believe. Forget about any reason gave by the federal government. The truth about the delay is to starve Ekiti state governor of fund before and during this week election, also to starve some state governors who will render financial help to Ekiti state governor of fund. Nigeria politics is evil politics, to the detriment of civil servants and masses( been Nigeria citizens) By Thursday/Friday this week, or latest Tuesday next week FAAC might share the money and disbursed it on Monday/Tuesday next week. One thing is sure, by next week all state will get their allocation from FAAC to pay salary. |
Chibuking81:http://www.tribuneonlineng.com/154630/ Again, FAAC meeting ends ìn deadlock Sanya Adejokun - Abuja FAAC Despite interventions by National Economic Council (NEC), a rescheduled meeting of Federation Account Allocation Committee (FAAC) meeting scheduled for Tuesday evening again ended in a deadlock. Reporters had earlier in the day been invited to attend a post meeting press briefing at the auditorium of Federal Ministry of Finance at 6pm. By 7.30 pm however, Accountant General of the Federation, Mr Ahmed Idris, stormed out of the venue followed by other officials including Director of Home Finance, Mrs Siyanbola. Although no official was willing to speak on the outcome, an observer from one of the member agencies told Nigerian Tribune that “there is nothing to brief you on.” According to him, members still refused to accept the figures that Nigerian National Petroleum Corporation (NNPC) presented to the members. The meeting was then put forward to Thursday. Many states were yet to pay salaries for June 2018 due to inability of FAAC to share revenue allocation for May. |
Other sources of income is good, but we should be careful to avoid MMM part two. The moment people started hearing about Rivers state government interest free loan, I started hearing about other source of income Any business that does not have reasonable way of generating income is a fraud. When you obtain your loan, which I see as part of our salaries paid in advance, please if you don't have a physical business to enter, use the money to buy treasure bill. Treasure bill should be between 12% to 15 percent per a year if you go for 365 days package. For instance, 15% of 1 million will give you #150,000 for 12 months, the interest will be paid to you immediately, then for two years you will get #300,000. For 5 hundred thousand, it will give you #75,000 Per a year, and #150,000 in two years. The interest is very small, but it's better than nothing, also better than being a victim of MMM family. If you are interested in treasure bill, you can go for it through first bank, or any other bank, it's 100% safe. |
At a time like this. |
onegentleguy is a good man, he takes any member of this forum as his blood brother and sister, he might be on vacation for good reason. |
Yayira:Confession no 1. More to come once Zenith hit #15, which will happen between now and election period. ![]() |
lostinHeaven:Ask Yayira their CEO |
Yayira:Remember, vanity upon vanity equal to vanity |
http://googleweblight.com/i?u=http://punchng.com/inflation-rate-faces-risks-say-emefiele-others/&hl=en-NG&tg=729 Inflation rate faces risks, say Emefiele, others Published July 10, 2018 Feyisayo Popoola The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the nation may see a reversal of the decline in inflation rate if the risks threatening favourable macroeconomic conditions are not addressed. In a communiqué of the Monetary Policy Committee meeting of May 21 and 22 and the personal statements of members, which were released on Monday, Emefiele, who doubles as the chairman of the eight-man MPC, identified the current budget outlay of over N9tn, the anticipated huge election spending, and the ongoing interest rate hike by the United States Federal Reserve as risks threatening the Nigerian economy. According to him, inflation is declining but remains high and outside acceptable band, with probable risk of upturn in the short-term. He described the desire for the concurrence of exchange rate stability, low inflation and low interest as unfeasible because of the structural realities of the economy. Emefiele said, “For a few analysts, the observed moderation in inflation rate provides justification for policy ease; however, the prevailing realities, especially the double-digit inflation and elevated short-term inflation expectations, do not support this. “While the trend of disinflation is encouraging, the observed moderation in inflationary pressure is, however, threatened by waning base-effects and the liquidity injections anticipated in the second-half of the year. It is, therefore, imperative to ensure that the path of disinflation is not reversed.” The CBN governor stated that his immediate predisposition would be for further tightening of the domestic policy stance to rein in expected inflation and ensure foreign exchange market stability. The Deputy Governor, Corporate Services, CBN, and a member of the MPC, Edward Adamu, said there was a need to build buffers on both fiscal and monetary sides in preparation for a possible downturn. He stated that the outlook for inflation in the rest of the year appeared largely uncertain owing to the likely surge in domestic liquidity arising mainly from expected fiscal injections and election-related spending. Adamu said, “The 2018 appropriation passed by the National Assembly promises to be highly expansionary because a sizable portion of the budget would have to be deficit-financed. More inHome Power: NNPC starts seven gas projects to generate 15,000MW Further naira devaluation’ll worsen debt profile – FSDH VIDEO: Top five tanker accidents in 2018 ICYMI: Aerial video of fuel tanker fire on Otedola bridge VIDEO: Six facts you need to know about Lassa fever “In addition, the payment of contractor debts and the prospects of a new minimum wage down the road, somewhat further complicates the outlook for domestic liquidity. When these likely fiscal injections are taken into account, the outlook for inflation that emerges becomes scarier. “Therefore, from a financial stability standpoint, inflation threats or risks to the naira exchange rate stability are to be mitigated upfront in order to sustain and deepen the resilience of the industry.” The Deputy Governor, Financial System Stability, Aishah Ahmad, said, “The ongoing implementation of the 2017 budget, the substantial implementation of the 2018 federal budget within a limited time frame, and the 2019 election season, which have historically had some inflationary impact, are potential risks to the positive trend for inflation.” She described the positive trajectory of key economic variables such as growth, inflation and exchange rates as gratifying, adding that attention should be paid to further threats to the gains, either in the form of a potential US-China trade war, inflationary fiscal shocks, or flow reversals from actions by the US Fed. According to her, a further tightening of the monetary policy stance is not out of place to maintain vigilance |
https://politicsngr.com/breaking-pdp-merges-30-parties-forms-mega-party-cupp/ The main opposition People’s Democratic Party (PDP) has formed a new alliance with more than 30 other political parties in the country. The parties came together on Monday in Abuja to announce that its new name will be Coalition of United Political Parties (CUPP). The announcement followed the signing of a Memorandum of Understanding (MoU) by the leaders of the merging parties, in their bid to defeat President Muhammadu Buhari’s All Progressives Congress (APC). Part of the agreement of the MoU is to mobilize support for consensus candidates at the center, states, and the Legislative arm of government |
locodemy:Zenith bank at #15 is achievable in no distant time. It's a good stock, but they foreign investors that invested in Zenith bank are gradually leaving the market to wait for outcome of election. If you want to buy more Zenith bank unit of share, sell now and wait for election period, then you will buy 1 unit and get one free, times number of share you will buy. Some might not like this post, but it will soon come to fulfilment. There is nothing to move the market this year, and early next year. Economy of a country work together with their political environment and activities. |
Mpeace: ![]() |
Chibuking81:https://politicsngr.com/breaking-pdp-merges-30-parties-forms-mega-party-cupp/ POLITICSBREAKING: PDP merges with 30 other parties, Forms Mega party ‘CUPP’Politics Nigeria Published 7 mins ago on July 9, 2018 By Politics Nigeria BREAKING: PDP merges with 30 other parties, Forms Mega party 'CUPP' The main opposition People’s Democratic Party (PDP) has formed a new alliance with more than 30 other political parties in the country. The parties came together on Monday in Abuja to announce that its new name will be Coalition of United Political Parties (CUPP). The announcement followed the signing of a Memorandum of Understanding (MoU) by the leaders of the merging parties, in their bid to defeat President Muhammadu Buhari’s All Progressives Congress (APC). Part of the agreement of the MoU is to mobilize support for consensus candidates at the center, states, and the Legislative arm of government More bear in sight |
More bear to show up ![]() Its warming up, what you are just seen is ground testing. ![]() |
FAAC may share money between Thursday and Friday this week, and disburse the money to States by Monday next week after this coming Saturday which is Ekiti state election. |
Mpeace:Maybe bear provoke him. When one loses millions of naira in NSEM, he goes for 6 month holidays, then when one loses hundred of thousands he goes for 3 months, then below hundred 1to 2 months holidays. |
Sau24:http://scannewsnigeria.com/politics/buhari-the-only-leader-ever-who-voted-against-his-nation/ |
Election period will be an interested time to buy. It will be a bonanza period, buy 1 and get 1 free. Bear will be in total control, immediately after q2 result, if you are interested make use of this information. Some people usually make money during the bear, but on a single bear hit, they lose times two of what they gain. The coming election will not be smooth at all, so many big weight from the North are showing interest in the presidential seat, https://politicsngr.com/just-apc-loses-majority-national-assembly/ R- APC just came up few days ago from APC, when APC are tackling the agitation of New-PDP in their fold, and the entire country are tired of the APC control government with their poverty method of fighting corruption. The worse corruption fight, is when poverty take a center stage, and the fight becoming instrument of fighting the opponent. PDP, and other parties are seriously discussing on how to merge. From the look of things, and majority wishes, APC is losing the fight, this will usher in new government with new policy. Good investors always take advantage of this situation, foreign investors always pull out their fund, and standby to watch, before coming in again. Bear dominating the market during election is certain and 100 % feasible. Any bull present from now on will be an artificial one, and will be a dumping avenue. Kudos to those keeping this forum lively, also the bear Jijo group. |
ikem50:Please what are they to confirmed? |
maishai:Ask madam Mercy, she use to be their representative, but who did FO offended, #26 as of today, from above #100 to #26. |
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