Chudidonas's Posts
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Rubbish |
TheSonOfMark:You're one good voice of reason on Nairaland. Respect! |
Rocoh, I think the course 'Sustainable Mobility' will hold this year. You can sign up through the link below: http://mooc.sustainable-mobility.ifp-school.com/ |
The guy needs to be totally disconnected from the cousin else.. We will soon read "Help! My Cousin Is Pregnant For Me" on Nairaland. I have a feeling you're the one OP ![]() |
Why not Lagos. I hope foreign investors interest in Nigeria is not also depreciating with the fall in oil price. |
This man called Kayode is truly deranged |
WITH the stark realities of the current economic downturn staring all tiers of government in the face, it has become obvious that something drastic has to be done to reduce the high cost of governance in Nigeria. But the question remains, how far is the country ready to go in order to achieve optimal success in this direction? What we have seen so far smacks of cosmetic measures. Some governors and members of legislative houses have announced with fanfare that they would give up proportions of their salaries and allowances. The Federal Government has also hinted that it will cut down the number of ministries, departments and agencies. It remains to be seen how many of the over 500 federal agencies will be done away with, and what will happen to their workers by the time the President Muhammadu Buhari administration is through with its “painstaking” exercise. These are largely superficial measures. The heavy drainage of the public treasury has very little to do with the salaries and allowances that political office holders are paid. Very little will be gained from the so-called voluntary forfeiture of such in part or whole. They will not serve much purpose beyond making sensational headlines. Since governors have unlimited access to the treasuries of their states, their salaries mean little or nothing to them. What we need is a comprehensive overhaul of the system. We need to re-examine the 1999 Constitution and reform it to reduce the sizes of governments, both at the state and federal levels. It is only through constitutional reform that we can adjust the number of ministries, departments and agencies, and address the administration of the Federation Accounts, revenue sharing and resource control. It is only through this mechanism that we can escape the trap of having to use three-quarters of our annual budgets to service overheads and personnel costs of public sector workers, thus crowding out the vast majority of the population who operate in the private sector. Our high infrastructure deficit can never be overcome with mere pittance being devoted to development activities. The danger in cosmetic approach to this problem is that as soon as the heat of the moment passes, as soon as another good fortune in oil prices intervenes, politicians will return to the squandering of riches. We have seen this repeatedly. The era of centralised control of the resources of the nation and large governments has passed. This is part of our inglorious military legacy which we must now give up. It is time to take the people’s money – and the economy as a whole – closer to the people. That is the only permanent solution to the financial crises. Cc: Lalasticlala http://www.vanguardngr.com/2015/07/cutting-cost-of-governance/ |
The war of words between Governor Adams Oshiomhole of Edo State and the former Minister of Finance, Dr. Ngozi Okonjo-Iweala, continued, yesterday, with Oshiomhole challenging the former minister to explain what happened to the $4.1 billion she presented in her last report. Governor Oshiomhole also challenged the former minister to explain why she never published simultaneously what was accrued to the Excess Crude Account during the period she published what was distributed. The governor, who spoke on the state of the economy Channels Television programme monitored in Lagos, accused the minister of habitually playing around statistics. He said: “The decision to take money from the Excess Crude Account, if she had the power, the law should have been that power is vested in the National Economic Council, NEC. NEC is an institution created by the constitution. Oshiomhole “What she was referring to is her own administrative arrangement. This $2 billion is the last sum, in her last report. She said we have $4.1 billion, she said so orally but it was captured in the minutes, only to come at the last minute to say oh ‘X’ is left. “If you ask her, what is it that she paid for on the strength of augmentation, that is to say, if they were augmenting, it means that even if there is a drop in price, they will take from the Excess Crude Account to make up the difference. “If they were doing that, you wouldn’t have the kind of situation we are in today where revenue drops by about 45 percent. I think, with all due respect to Okonjo-Iweala, she knows how to play around, (I don’t want to say, lie) with statistics. I have made this point that she kept open only part of the pages and not the entire book. “The logic of transparency is that every minister must publish in full what is accruing to the Federation Account, month to month, and what is distributed to whom. What she has been publishing is what went to the Federal Government, each state government and local governments. “But she has never published simultaneously what accrued during the period, out of which this said sum was distributed so that you can get the net, what was distributed from all that was collected and see what is left in the excess crude. Now you can see her changing the goal post. “Okonjo-Iweala was a member of the National Economic Council. I was a member. I had asked her and I am on record as asking her, don’t give us verbal report on matters of Federation Account, give us written report.” Cc: Lalasticlala http://www.vanguardngr.com/2015/07/explain-whereabouts-of-4-1bn-oshiomhole-tells-okonjo-iweala/ |
Jollyjoy:You are too wise ![]() |
mschubby:You know this too.. Did you lose your virginity in same manner Sis ![]() |
This is what having a good job and money can offer you.. Even virgins can't say no to you |
IamLEGEND1:LOOL |
What about a deaf or dumb one ![]() |
In this modern age Op, you'll have to find CLAY and mould that woman ![]() |
Anything a man can do, a woman can do better and even more committed. FTC on Ist of july. May this month finally take u to that ur expected end. Jubilation and Testimony shall b your porton this new month. Amen |
Lmao at @Masquerade Carriers... Reminds me of a girl in my class back then. She's managed to combine it with SU. Even if you're a forensic expert. You can never catch her. |
They should provide the card for those that have completed the enrolment first. |
Sigh..and some people are already fighting on queue for BVN. |
LaDivva:And Wizkid? ![]() |
Merlissa:Of Rottweiler and mastiff? ![]() |
I don't agree with all of them OP. But you made valid points. I will take cue ![]() |
Religious war in 3.. 2.. 1 |
An academic perfectionist. Its first class or nothing. Congrats! |
Bankers needed here... |
Its simply because Don jazzy is a genius with a midas touch. I believe he can still revive Blackface if he wants. ![]() |
This is one good step taken in the right direction by Buhari. Our Expenditures don plenty pass income.. Haba! |
SMH... Life of Crime.. Never ends well |
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