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Romance / Re: I Have A Feeling That My Wife Will Cheat On Me. Here's Why by chiefsaif: 4:16pm On Jul 03, 2023
Bringing up your matrimonial issue is not good for you.
Health / Re: Is There Anybody Here With Irregular Heartbeats? by chiefsaif: 10:44am On Jun 04, 2021
You may be having anxiety disorder, see a psychiatrist.
Politics / Deregulation Of The Downstream Oil & Gas Sector by chiefsaif: 8:24am On Sep 05, 2020
IN SUPPORT OF A VERY TRANSPARENT AND HONEST DEREGULATION OF THE DOWNSTREAM OIL AND GAS SECTOR AND PRIVATIZATION OF THE OBSOLETE REFINERIES.

SUGGESTED WAYS FORWARD .

Realistically today, if the FGN/ NNPC transparently and honestly deregulate the downstream oil and gas sector, eliminate all the criminal consumption subsidies (including PEF), totally unbundle the NNPC, stop the criminal tariffs on the imported white petroleum products by FGN agencies- NPA,NIMASA, PPPRA etc and Privatize the REFINERIES (the sleaze conduit of the rogues in the system), the price of a liter of the Pms will not rise up to N160 anywhere in Nigeria, as some people have envisaged.

OYA, LETS CRUNCH THE NUMBERS TRANSPARENTLY.

As at close of business yesterday, September 3, 2020, the FOB price of a metric ton of Gasoline (Premium Motor Spirit) closed at $430.

If you apply the CBN retail window exchange rate (N393/$1) to compute it in naira, the FOB cost per liter of the pms as at close of business yesterday will come to N126.00 per liter (Offshore Lome waters)

Over 70% of the volume of PMS consumed in Nigeria takes place between Lagos, Ogun state, River State, Delta State, and Edo State . (PMS consumed in this states do not attract any PEF (Petroleum Equalization Funds) payments).

One of the reasons why they are still retaining this line of petroleum consumption subsidies, when 70% of the volume of products imported and consumed in Nigeria are not PEF allowable is because it affords the criminal elements in the industry room to play games, smuggle large chunk of these products outside Nigeria and still claim PEF on them. (These madness must stop now).

Back to the number crunching.

COMPUTATION OF EX-DEPOT LANDING COST OF THE PMS IN LAGOS DEPOTS THROUGH WHICH OVER 50% OF THE PMS CONSUMED IN NIGERIA ARE DISTRIBUTED.

1. FOB Price per liter of the pms = N126.00

2. Freight Cost per liter to Lagos Depots= N 5.00

3. LC Commission per liter = N 0.88

4. Insurance cost Per liter = N 0.30

5. LC Negotiation fee per liter = N 0.60

6. Interest Cost on Funds per liter (if CBN provides enough dollar to clear LC obligation to suppliers within 90 days) =N 2.58

7. The Criminal Tariff by NIMASA, NPA and PPPRA per liter =N 6.30

TOTAL EX-DEPOT LANDING COST Per liter=N141.66

DEPOT OPERATORS MARGIN =N 5.00

Ex-Depot Price with the criminal FGN agencies tariff charges included =N146.66

IF YOU REMOVE THE CRIMINAL TARIFF OF N6.30 per liter imposed by the agencies of the FGN - NPA, NIMASA, PPPRA etc of over N6.30, the Ideal Ex-Depot Price should drop to N140.30 in Lagos state (without introduction of the fraudulent PEF Subsidies)

Additional Product Distribution cost of N15.00 per liter will make the pms to be dispensed at the filling station at average price of N152-N156 per liter anywhere within this locations of Lagos, Ogun, Edo, Rivers and Delta state, where over 70% of the volume of PMS imported into Nigeria are consumed.

SUGGESTED WAYS FORWARD TO ENABLE US END THIS CYCLE OF 21 YEAR MADNESS IN THE NIGERIA DOWNSTREAM PETROLEUM SECTOR

No sane and rational person will fault President Buhari for finally agreeing to a total deregulation of the downstream oil and gas sector and allowing market forces to determine the production, distribution and prices of the products.

However, what Nigerians demand is honest and transparent execution of it. What they are currently doing at the NNPC and Petroleum ministry are fraudulent variants of deregulation.

YES, things are tough now . It is painful now , but we must have to endure this temporary pain to move forward progressively as a nation

All those threatening hell and brimstone should sheat their sword. The NLC, TUC and all the other agitators in Nigeria are part of the problems and should allow us to do the right things and move forward .

PRESIDENT Buhari should stand firm and allow an end to the criminality in the system starting from now. We must pursue and immediately execute the following Reform Programs

1. Totally privatize the refineries now and allow private sector players with deep technical and financial capacities to collocate new refineries at the current site of the obsolete ones by utilizing their facilities.

It is the highest demonstration of madness and wickedness against Nigerians for Mele Kyari and Buhari to continue to CLING TIGHTLY to these refineries under the control of the NNPC. These Obsolete relics have cost Nigerians over N700billion wastage from 2015 to now ( by ways of failed TAM program and losses/looting at the refineries)

2. Totally eliminate all forms of consumption subsidies in that sector and scrap or merge the PPPRA and other agencies that are drain pipes to our national treasury.

3 Totally unbundle the NNPC to allow its operation to become very transparent like that of the BPs , ENOC, Petrobras, Petronas etc of this world.

4. Divest and reduce the FGN holdings in the JVs with the IOCs down to 40%, let indigenous investors take up the divested stake and allow the JVs to become incorporated . By doing this, we shall be eliminating the cash call program and allow the JVs to become incorporated and have it's own balance sheet . This will help to deepen the market, inject more transparency, attract more investment in that sector and make the JVs to run transparently and profitably like the NLGN .

5. The FGN should totally scrap the PPPRA or merge it to DPR and spin off the PPPMC to operate as a stand alone and enterprise driven entity ( without recourse to subsidized purchases of petroleum products and fx as they doing now . This fuels corruption )

It is the actions and continued meddlesomeness of the PPPRA and PPPMC that created the outcry and outrage in the land today .

If the downstream oil and gas industry had been totally and transparently deregulated and the subsidies removed as the FGN and the NNPC GMD made us to believe in February /March 2020, most deep pocketed oil marketers would have locked in huge cargoes of products when the prices were low in March 2020 . This would have resulted in the provisioning of many low long term price options to the consumers and allowed the market to slide up gradually or slide down at the same pace without Nigerians experiencing periodic sudden and massive jerk up of prices of the products based on the whims, caparices and dictates of the PPPRA and PPPMC as we are currently experiencing .

It is the unending uncertainties in the market, and the lousy/nuisance medlings of the PPPMC and PPPRA in the market , that have continued to derail the positive impacts of deregulation and removal of petroleum subsidies in the system.

Many Nigerians are not aware that even at a period (June 2020) , when other nations were providing Palliatives for their citizens, the PPPRA jerked up by 1,230% their agency fee. What kind of agency will jerk up their agency fee from N0.10 to N1.23 under this covid 19 pandemic . This additional costs on the white petroleum products have been passed over to poor Nigerians. What does the PPPRA plan to do with the estimated N20billion they want to cream out from Nigerians annually under this pandemic?

6. The FGN should also waive all the charges that are collected by the agencies on white petroleum products imports in Nigeria. Agency charges collected by the NIMASA, PPPRA, NPA contribute to the high cost of the white petroleum products in Nigeria. These charges should be scrapped immediately.

Removing the combined charges of N6.30 per liter collected by NPA, NIMASA and PPPRA will help reduce the burden on Nigerians and bring down the pump price of the petroleum products from the current N161 per liter to a manageable N155 per liter today

This country require honest and creative minds to make it work for the good of all.

If this dowmstream oil and gas in transparently and totally deregulated today while eliminating all forms of consumption subsidies and price controls by the PPPRA, many deep pocketed investors will swoop into the Nigeria market . It will also help marketers to plan for the long term and buy commodities hedges and futures that will allow price stability and market competitiveness that will crash the prices of the commodities over time.

Nigeria is a mega hub that will take over the transparent supply of products to other west Africa countries, who do not have the kind of deep and robust petroleum distribution facilities that we have in Nigeria today

President Buhari can still redeem his image amongst his teeming supporters. We have freely provided an honest template above that can help this country

However, if he allows the ravenous wolves and hyenas that he surrounded himself with to continue to deceive him as they have done over the last 5 years so that they can continue to line their filthy pockets, good luck to him

God Bless Nigerians

Dr Nnaemeka Onyeka Obiaraeri, FICA
Politics / The UN Appoints Ex-emir Sanusi, 16 Others. by chiefsaif: 2:14am On Mar 12, 2020
The United Nations Secretary General, António Guterres, today named the Emir of Kano, His Royal Highness Muhammadu Sanusi II, and 16 other influential figures around the globe as Sustainable Development Goals Advocates to push the agenda of the global development drive to a new height.

The appointments, which were released today, have Mr. Nana Addo Dankwa Akufo-Addo, President of Ghana Ms. Erna Solberg, Prime Minister of Norway as co-chairmen of the committee.

The announcement was contained in a statement released to Vanguard by the Special Assistant to the UN Resident Coordinator in Nigeria, Mr Fred Eno.

The statement said: “These 17 influential public figures are committed to raising awareness, inspiring greater ambition, and pushing for faster action on the SDGs, which were adopted by world leaders on 25 September 2015.

“United Nations Member States agreed to accomplish the SDGs by 2030. To build the momentum for transformative, inclusive development by 2030, the Secretary-General’s SDG Advocates will use their unique platforms and leadership to inspire cross-cutting mobilization of the global community.

“We have the tools to answer the questions posed by climate change, environmental pressure, poverty and inequality. They lie in the great agreements of 2015 – the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change.

“But tools are no use if you don’t use them. So, today, and every day, my appeal is clear and simple. We need action, ambition and political will. More action, more ambition and more political will,” said the Secretary-General. 

“By joining forces to achieve our goals, we can turn hope into reality – leaving no one behind,” said Co-Chair of the SDG Advocates group Prime Minister Erna Solberg of Norway.

Said Co-Chair of the SDG Advocates and President of Ghana, Nana Addo Dankwa Akufo-Addo, “This is a time of great hope for the world. If we work smartly together and stay on course, we can raise millions out of poverty and significantly expand basic social services for many more by the 2030 end date of the SDGs.”

The Secretary-General has tasked the advocates with driving that action, building that ambition, and solidifying global political will.

The Advocates represent the universal character of the SDGs, hailing from governments, entertainment, academia, sport, business and activist organizations around the world. The Advocates will leverage and build bridges between their unique audiences, and work together to drive progress.

The Secretary-General has appointed some members of the previous class of SDG Advocates as SDG Advocate Alumni, and looks forward to their ongoing support and engagement.

*Members are:*

- Her Majesty Queen Mathilde of the Belgians (Kingdom of Belgium)

- His Royal Highness *Muhammadu Sanusi II, Emir of Kano* (Federal Republic of Nigeria)

- Her Highness Sheikha Moza bint Nasser, Founder, Education Above All Foundation (State of Qatar)

- Mr. Richard Curtis, Screenwriter, Producer and Film Director (United Kingdom of Great Britain and Northern Ireland)

- Ms. Hindou Oumarou Ibrahim, Activist, Environment and Indigenous Rights (Republic of Chad)

- Mr. Jack Ma, Founder and Executive Chairman, Alibaba Group (People’s Republic of China)

- Mrs. Graça Machel, Founder, Graça Machel Trust (Republic of Mozambique)

- Ms. Dia Mirza, Actress and Film Producer, UN Environment Program Goodwill Ambassador for India (Republic of India)

- Dr. Alaa Murabit, Founder, The Voice of Libyan Women (Canada)

- Ms. Nadia Murad, Nobel Laureate, Chair and President, Nadia’s Initiative, UN Office on Drugs and Crime Goodwill Ambassador (Republic of Iraq)

- Mr. Edward Ndopu, Founder, Global Strategies on Inclusive Education (Republic of South Africa)

- Mr. Paul Polman, Chair, International Chamber of Commerce, Vice-Chair of the Board of United Nations Global Compact (Kingdom of the Netherlands)

- Mr. Jeffrey Sachs, Director, Center for Sustainable Development, Columbia University (United States of America)

- Ms. Marta Vieira da Silva, Footballer, Orlando Pride, UN Women Goodwill Ambassador (Federative Republic of Brazil)

- Mr. Forest Whitaker, Founder and Chief Executive Officer, Whitaker Peace & Development Initiative, UNESCO Special Envoy for Peace and Reconciliation (United States of America)

*Secretary-General’s SDG Advocate Alumni are:*

- Her Royal Highness Crown Princess Victoria of Sweden (Kingdom of Sweden)

- Ambassador Dho Young-Shim, Chairperson, United Nations World Tourism Organisation’s Sustainable Tourism for Eliminating Poverty Foundation (Republic of Korea)

- Ms. Leymah Gbowee, Nobel Laureate, Founder, Gbowee Peace Foundation (Republic of Liberia)

- Ms. Shakira Mebarak, Founder, Pies Descalzos Foundation (Republic of Colombia)

- Mr. Lionel Andrés Messi Cuccittini, Founder, Leo Messi Foundation (Argentine Republic)

- Mr. Muhammad Yunus, Nobel Laureate, Founder, Grameen Bank (People’s Republic of Bangladesh).


https://standarddailytimes.com/breaking-news/the-un-appoints-ex-emir-sanusi-16-others/

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Investment / Samsung Takes Over Ladol Base by chiefsaif: 9:17am On Jan 21, 2020
NPA leases property for 5yrs at N1.1bn


AFTER a careful review of the case between Samsung Heavy Industries, SHI, and the Lagos Deep Offshore Limited, LADOL base, the Nigerian Ports Authority, NPA, has leased a total of 11.2426 hectares of the land to SHI with a view to protecting the company’s investment at the base.

In a letter of offer sighted by Business and Maritime West Africa, the value of the lease is put at N219.2 million per annum bringing the total cost of the lease to N1.1 billion for five years.

AFTER a careful review of the case between Samsung Heavy Industries, SHI, and the Lagos Deep Offshore Limited, LADOL base, the Nigerian Ports Authority, NPA, has leased a total of 11.2426 hectares of the land to SHI with a view to protecting the company’s investment at the base.

In a letter of offer sighted by Business and Maritime West Africa, the value of the lease is put at N219.2 million per annum bringing the total cost of the lease to N1.1 billion for five years.

In the offer letter with reference number QH/GM/L&AA/OP/L.1/488 and dated November 14th, 2019, the Authority warned Samsung against re-leasing the said property without prior consent of the NPA adding that the lease by NPA to Samsung was a way of resolving the matter in the interest of the parties and the nation at large.

Part of the letter reads: “Following a thorough review of the case, the Authority has arrived at the decision to offer a direct lease of the 11.2426 hectares as a way of resolving the matter in the interest of the parties and the nation at large.

“You shall not sublet, transfer or otherwise part with possession of the demise facility without prior knowledge and written consent of the authority.

“The land and developments thereon will revert to the Authority at the end of the lease term without compensation.’’

The letter which was signed by Yusuf Ahmed, a General Manager in charge of leasing, on behalf of the Managing Director of NPA also directed the management of Samsung to accept the offer within a week.

It gathered that Samsung has erected another entry and exit point to its part of the facility thereby cutting off LADOL’s facility.

https://businessandmaritimewestafrica.com/samsung-takes-over-ladol-base/
Politics / Re: Seyi Makinde: Not A Dime Of Oyo Money Will Go To Lagos, They Have No Right by chiefsaif: 10:28am On Jan 18, 2020
This interview was done during campaigns, why is it just trending now?

https://www.instagram.com/p/Bul-JWLly6K/?igshid=169wnl8c6i0jh
Business / Lekoil Duped Into Thinking It Received $184 Million Loan by chiefsaif: 5:39am On Jan 16, 2020
A Nigerian oil producer thought it had received a critical $184 million loan from a sovereign wealth fund to drill and develop an offshore field.

The company, Lekoil Ltd. LEK, +16.40%   , told the London Stock Exchange on Jan. 2 it had received the loan from the Qatar Investment Authority.

The terms seemed favorable — an upfront fee of 2.75% and a 3.72% annual payment, arranged by a consultancy firm that specialized in African transactions.

Its CEO, Lekan Akinyanmi, pledged his full 39.1 million–share stake to get the loan, so the company said it would cancel a $1.7 million loan it had previously made to him as well as grant an award of up to 30 million shares depending on performance.

All was well until Sunday, when, according to Lekoil, the Qatar Investment Authority got on the phone to the company’s advisers with some bad news: It had no idea Lekoil was talking about.

In a new statement to the London Stock Exchange, Lekoil said it was the victim of a “complex fraud in order to masquerade as representatives of the QIA.”

Lekoil shares plunged 73% on Tuesday after a trading halt Monday.

Lekoil said it had performed due diligence, meeting with people it thought were QIA representatives, and also carrying out legal and technical due diligence. Lekoil also performed what it said was due diligence on the consultancy firm, Seawave Invest Ltd., and sought legal advice.

An email sent to an address on Seawave’s website was not returned.

Lekoil said it’s out $600,000, though it’s trying to recover the fees. “Whilst Lekoil will take all reasonable actions to recover the fees paid to Seawave, there can be no guarantee that such attempts will be successful,” the company said.

It’s also scrambling to get financing in place, and could be forced to sell its stake in an oil block off Lagos, Lekoil said. Optimum Petroleum Development is the operator of the field.

Mark Simmonds, who joined Lekoil last month and previously was a minister in the U.K. Foreign Office when David Cameron was prime minister, will lead the investigation alongside Tony Hawkins, who is chief executive of another U.K.-listed oil firm, Columbus Energy.

A spokeswoman for Lekoil said it wouldn’t comment further due to the investigation.
https://www.marketwatch.com/story/nigerian-oil-producer-duped-into-thinking-it-received-184-million-loan-from-qatar-2020-01-14

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Politics / Why Buhari Reappointed Emefiele As CBN Governor by chiefsaif: 7:06am On May 10, 2019
President Muhammadu Buhari has reappointed Godwin Emefiele as the governor of the Central Bank of Nigeria (CBN) and asked the Senate to confirm him.
By the reappointment, which came after wild speculations, he has become the first governor of the apex bank to get a two-term mandate since the return to civil rule in 1999. He was appointed in 2014 by former President Goodluck Jonathan.

In a letter read on the floor of the Senate yesterday by the Senate President, Bukola Saraki, Buhari noted that having completed his first term in office, Emefiele has been nominated for confirmation of the Senate for a second term. He urged the Senate to give expedited consideration to the confirmation of Emefiele’s nomination.

In line with the Senate’s standing rule, the president’s request would be referred in the next legislative day to the Senate Committee on Banking, Insurance and Other Financial Institutions for legislative processing. The committee’s main task is to subject Emefiele’s credentials to serious scrutiny.

It will equally consider any petitions that it might have received against the nomination and if there is none, the nomination is approved by the committee and a report is accordingly submitted to the Senate for final approval and confirmation.

The extension of the CBN governor’s tenure is believed to be due to his giant strides in office, and may well be President Buhari’s first official admission, albeit tacitly, of inheriting something good from his predecessor, Jonathan.


In fact, Emefiele’s austere nature and ability to instill financial discipline in the banking sector, which significantly reduced rascality and frivolity in loan approvals, may have resonated with Buhari, whose body language cuts a similar posture.

The 57-year-old banker was the Group Managing Director of Zenith Bank Plc prior to his appointment in 2014, with a huge task to stabilise an economy that went awry since 2015.

Since mid-2014, when he took over the reins of CBN, Nigeria has experienced stable economic monetary policies, even as it did not witness any crude oil windfall, which is the backbone of the economy, in terms of revenue supply.

Conversely, the oil price volatility impacted not only the country’s revenue base, but the inflow of foreign exchange (forex), stoking currency depreciation, system arbitrage and consequent policy measures, leading to calls for the devaluation of the naira.

The CBN governor’s ability to hold on to his belief in the economy and not allow the ship sink on his watch, may have also earned him the second term, which many of his peers say is well deserved.

Many may not have thought about the significance of Emefiele’s appointment or the fact that he is the 12th CBN governor.

Emefiele, through his monetary policies and even interventions in fiscal issues over the past five years, has insisted that the country still holds a high return on investment, with huge opportunities given its over 200-million-people market.

Therefore, with a cocktail of policy measures, the naira, which fell to N520/$1 in 2017 at the open market, is now stabilised around N360$1 in the past two years, and stayed through to the period of the general elections.

Specifically, Emefiele oversaw Nigeria’s widely acclaimed response to plummeting oil prices, a spiralling inflation, significant exchange rate pressures, sharp fall in forex inflows, delisting of Nigeria from the JP Morgan Bond Index, normalisation of U.S. monetary policy, geopolitical tensions amongst global superpowers, and overall uncertainty after the change of administration in 2015.

Indeed, the stability he brought into the system has been attributed to his innovative Investors and Exporters Window worth $25 billion, which liberalised official transactions of forex, as well as directive to banks to sell forex to customers over the counter for basic travel allowance (BTA) and medical and education bills.

Beyond forex stability, which saw massive accretion in Nigeria’s foreign exchange reserves from about $23 billion in October 2016 to nearly $48 billion in June 2018, Emefiele’s policies also significantly helped Nigeria achieve fast recovery from recession, which was caused by sharp and sustained oil price declines from 2015 through 2017.

In contrast, Nigeria’s peers are still struggling, with South Africa basically still in recession, while Egypt had to resort to a $12-billion IMF loan.

Also, Emefiele has recorded the longest month by month decline in inflation from about 19 per cent in January 2017 to about 11 per cent in July 2018, while also helping to avert a major economic crisis with labour groups by innovatively offsetting billions of arrears in salaries, pensions and gratuities.

Furthermore, under Emefiele, the country has witnessed a sharp drop in its import bill, which fell from $665 million to $160 million, thereby restoring its current account to a surplus.

Even in the area of fiscal interventions, the CBN governor sustained large-scale financing of agriculture through the Anchor Borrowers’ Programme, which has disbursed hundreds of billions of naira in small loans to hundreds of thousands of peasant farmers, thereby creating millions of jobs across the country.

As an evidence of the new discipline through tight monetary policies, his tenure has witnessed unprecedented profits in the banking industry, with GT Bank and Zenith Bank leading the way with record performances. Operational discipline also accounts for significant reduction in bad loans, thereby leading to massive expansion of banking services with financial inclusion rate reaching nearly 64 per cent in 2018, up from only 32 per cent in 2012.

With all these, Emefiele succeeded in facilitating major improvement in Nigeria’s ranking on the World Bank’s Doing Business Indicators, through the creation of the collateral registry and credit reference bureaus.

The Group Managing Director and Chief Executive Officer (CEO) of the UBA Group, Mr. Kenneth Uzoka, told The Guardian in a telephone interview that the CBN boss had done very well and deserved a second term. “We need sustainability in the financial system, which is what he represents at this time.”

Other bank chief executives who spoke with The Guardian corroborated Uzoka’s position. The Managing Director, Wema Bank Plc, Mr. Ademola Adebise, said: “His reappointment is a welcome development, and there will be continued and sustained stability in the economy. Through this stability, investors will be able to understand our economic policies better and be able to make informed business decisions.”

Former managing director of the defunct Diamond Bank, Uzoma Dozie, said: “Emefiele’s retention means there will be consistency and stability in monetary policies. Also, the market will be stable as a change would have created uncertainty and instability.”

The real sector operators, like the Manufacturers Association of Nigeria (MAN), believe the reappointment is an opportunity to right the wrongs in some policies that adversely affected economic activities.

A former president of MAN, Mr. Frank Jacobs, told The Guardian that the association “is still not happy with Emefiele’s tight monetary policy, where interest rate has remained very high.”

Under the new tenure, Jacobs expects “more liberalised and flexible interest rate, because at 14 percent, this is not really good for an economy that is still recovering from recession.

“Therefore, he should try something less inflationary in the range of below 10 percent to enable banks to lend more to manufacturers at below 10 percent. Although, we are pressing for five percent special rate, but not all the real sector operators have got this.”

Despite the real sector’s misgivings, the Chairman, Association of Securities Dealing Houses of Nigeria, Pat Ezeagu, said Emefiele’s re-nomination affirmed his popularity and prominence in engagements that concern the economy.

“At a point, everyone only knows Emefiele because he is the only prominent figure in the administration when it comes to the economy.

“The market has become used to his policy and person, but we want him to advise government on the debt strategy and its costs to the economy. We also want him to advise government on the use of capital for infrastructure financing and transparent sale of national assets,” he said.

Even from the capital market perspective, the President, New Dimension Shareholders Association, Patrick Ajudua, said not only would Emefiele’s reappointment promote policy consistency and continuity, it would also enable him to consolidate on his performance, especially in the area of ban on the importation of items that can be produced in Nigeria, to boost local manufacturing.

Also, the Publicity Secretary, Independence Shareholders Association of Nigeria, Moses Igbrude, want Emefiele to use this tenure to, “strengthen restrictions on imported items, especially agricultural products, to encourage local production of those items being produced in Nigeria.

“He should try his best to reduce inflation further. He should develop strategies to make loans accessible to SMEs at reduced rates. He should also strengthen the consumers’ complaints department to effectively and efficiently address issues in the banking sector like the e-payment system, to check the rising incidence of fraud.”

https://guardian.ng/news/why-buhari-reappointed-emefiele-as-cbn-governor/

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Politics / Re: Photos Of Governor Umar Ganduje And Other All Set To Welcome Buhari To Kano by chiefsaif: 12:57pm On Jan 31, 2019
Tuesday, FG cautions representatives of foreign governments from interfering in Nigeria's internal affairs. Meanwhile on Thursday, Governors from Niger Republic join political campaign in Nigeria. My question here is why?

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Politics / Re: Buhari’s Achievements Have Rattled Atiku, PDP – Lai Mohammed by chiefsaif: 6:29pm On Jan 12, 2019
Biko pls list them for us to know too.

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Politics / Re: Best And Worst Performing Governors In North Central Nigeria by chiefsaif: 8:51am On Sep 08, 2018
OkaNaUbe:
The North Central geopolitical zone comprises 6 States and Federal Capital Territory as follows:
Kogi, Niger, Benue, Kwara, Plateau, Nassarawa and the Federal Capital Territory.

In my opinion, it is hard to award the best Governor in this zone but the worst is very easy to identify.

I award the best performing Governor/Minster to Mohammed Bello of FCT, if not for anything but maintaining the sanity of the Territory, while I award the worst performing Governor and a shame to the youth is Kogi State Governor, YAHAYA ADOZA BELLO.

What do you think
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Jobs/Vacancies / . by chiefsaif: 8:53am On Sep 04, 2018
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Politics / Re: Kwankwaso Supporters Besiege His Abuja Home This Morning, Shout 'Sai Kwankwaso' by chiefsaif: 1:59pm On Aug 29, 2018
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Celebrities / Re: Nina Ivy Gets 2 Diamond Wristwatches From An Unknown Person In Dubai (Photos) by chiefsaif: 1:33pm On Aug 27, 2018
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Foreign Affairs / Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by chiefsaif: 8:10pm On Aug 21, 2018
Its so disheartening that when someone travels to some countries he suffers issues of racism and right here we are busy engaging in a battle of 'supremacy that doesn't even exist'. Its a pity that we only look at our brothers with disharmony rather than like-mindedness, I had a lengthy discussion this afternoon with a group of friends about taking other African Countries as vacation/tourist destination rather than going to places that you get rejected because of your skin color then I stumbled on this.

For me, all citizens of African countries are the same and are my brothers so I don't have any reason to argue about what is what.

I am Saif Malami and here's my contact +2348033691468 if you're on WhatsApp kindly add my so we can chat and get to know more of each others' cultures, hope to visit soon.
Politics / Re: Adeosun NYSC Certificate Saga: Presidency Orders Probe Of Alleged Scandal.. by chiefsaif: 5:13am On Jul 16, 2018
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Politics / Umar Musa Yaradua by chiefsaif: 6:20am On Jan 09, 2018
You're Always Remembered: Umaru Musa Yar'adua

He Increased Minimum Wage,
He increased Armed Forces Salary,
He increased NYSC allowances
He increased police and para military salaries
He Reduced Petrol Price,
He didn't spend 2 years in power,
He never complained about his predecessors,
He gave amnesty to the militants.

This is a true leader who love Nigerians.
May his Gentle Soul Continue to Rest in Peace.[color=#000099][/color]
Politics / Governor Sani Bello Dissolves Cabinet by chiefsaif: 7:28pm On Oct 11, 2017
GOV SANI BELLO DISSOLVES CABINET

Niger State Governor, Alhaji Abubakar Sani Bello on Wednesday dissolved the State Executive Council.The Governor announced the dissolution after the Weekly Executive Council Meeting in Minna, through a statement signed by his Chief Press Secretary, Malam Jibrin Baba Ndace.Governor Sani Bello however retained the three newly appointed Commissioners in the Ministries of Tourism and Culture; Mineral Resources and Livestock and Fishery .The Governor also directed all the Permanent Secretaries of the affected Ministries to take charge until new appointmentsare made.The statement further said that the weekly executive council meetings have been suspended until a new cabinet is put in place.The Governor then thanked the former members of his cabinet for their contributions, support and commitment to the actualization of his restoration agenda and wish them success in their future endeavor.
Politics / Re: List Of Companies Involved In The NNPC $26B Contract Scandal by chiefsaif: 2:38pm On Oct 05, 2017
Am baffled at how people can make strong allegations without facts.
This list was taken from NNPC's website
http://nnpcgroup.com/PublicRelations/NNPCinthenews/tabid/92/articleType/ArticleView/articleId/699/NNPC-Announces-Winners-of-20172018-Crude-Term-Contract.aspx

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Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 5:06am On Sep 13, 2017
ufuosman:
Wetin he dey run for, baba face ur health issue make anoda person run abeg.
Am telling you
Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 7:07pm On Sep 12, 2017
adult91:
Please and please ndi Igbo my people should stop arguing with afonja online. They see u as threat mentally, financially, in sports ,etc. They have also influenced the south west based Igbos with their ideas and that's why ur bro will come back and think he is smarter than you. Furthermore, do not trust their politicians kicking against buhari like fayose, ffk, reno, etc. They do it to gain relevance in their quest and pursuit to fulfill their political ambitions, especially Reno Omokri and Fayose.
Do not support evil because it befell a Yoruba man because u are not like them. And don't forget we might have not began our agitation for independence if obj didn't misuse democracy and laid an evil path. And for some of u who think u can manage Nigeria in ur lifetime. U cannot. The traits are passed down to generations that oil is the only uniting factor in Nigeria
Lastly, teach your children our language at least for secrecy
oga you lost me
Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 4:35pm On Sep 12, 2017
.
Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 2:46pm On Sep 12, 2017
Former Vice President Atiku Abubakar yesterdaylashed out at those he described as self-righteous political enemies, saying they should either prove his alleged corrupt activities or keep quiet and mind the skeletons in their own closets.The APC chieftain also said that he would fight corruption like never before if he is given the opportunity to preside over the affairs of the country.Abubakar made the charge at a facility tour of the new ultra-modern Yaliam Press Limited in Jabi area of Abuja on Monday.“It is sickening to continue to regurgitate allegations of corruption against me by people who have failed to come forward with a single shred of evidence of my misconduct while in office”, a press statement released by his media office in Abuja quoted the former vice president as saying.
Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 2:41pm On Sep 12, 2017
Sapiosexuality:
Okay. I don't have the energy.
I believe you
Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 1:57pm On Sep 12, 2017
Deedeedee0:
You dont want Biafra again? Unfortunately for you, there is no way Atiku will defeat Buhari.
You can take this to the Bank
You're deviating from the subject matter
Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 1:56pm On Sep 12, 2017
Sapiosexuality:
Objective? What does that mean in this context? Aren't the choices we make subjective? What are you talking about? Have you been wired to believe you can only choose from two options? How are you being objective?
Subjective refers to personal perspectives, feelings, or opinions entering the decision making process. Objective refers to the elimination of subjective perspectives and a process that is purely based on hard facts. For your information
Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 12:53pm On Sep 12, 2017
Sapiosexuality:
Why the two? Don't we have about 13 parties? Or you are going with the crowd? Why choose between a rotten tomato and a rotten tomato if their are fresh tomatoes?
Am just being objective. try that pls
Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 12:22pm On Sep 12, 2017
Sapiosexuality:
That's what they will insist on, what's yours? What is your position? Or are you incapable of independent thinking?
My position is clear, If we can choose from the two then we have a chance of achieving something and again if am the one to choose then I will definitely go with Atiku Abubakar

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Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 10:30am On Sep 12, 2017
Sapiosexuality:
Don't you have any shame? Should he decide not to run? A sick man who was not competent enough even when he was healthy? What's wrong with some of you Nigerians? So, if this sick incompetent man decides to run you will go ahead and vote for him? An incompetent man. A man who is unhealthy. You guys have no shame.

I believe my post isn't one sided and I have no regards for the party tradition but from what I gather, unless he chose not to re run they will insist he's their best candidate. so whether I have shame or not doesn't hold waters here.
Politics / Re: Should PMB Decides Not To Re Run Come 2019 by chiefsaif: 10:24am On Sep 12, 2017
modelmike7:
Smh
He's well Versed when it comes to stealing right?
am not a supporter of any of them but as far as am concerned, the corruption cases are mere allegations without firm grounds. I choose to look at the positive side

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