₦airaland Forum

yang:
Anumanu

You didn't place curse when your brother murdered unarmed protesters in SouthEast

[s][/s]

rapu di ike mbe na obu anu mpam.

Another day, another oil producer in trouble.
Nigeria is considering asking the World Bank,
the African Development Bank and other
international organizations for help to plug a hole
in this year's budget created by the collapse in
crude oil prices. The government said it is
looking to borrow as much as $9 billion to fund
its cash-starved economy.
The 75% plunge in crude prices to around $33
per barrel means Nigeria is now losing money
on some of the oil it pumps.
Nigeria is the second major oil producing
country, after Azerbaijan, to admit it might need
emergency financing because of low crude prices.
Africa's largest economy is also the continent's
biggest oil producer. The sector accounts for
about 35% of GDP, 75% of government revenue
and 90% of export earnings.
Nigeria grew by 4% in 2015, and the
International Monetary Fund expects a similar
rate of expansion this year.
But the government has been burning through its
foreign currency reserves, which fell to $28
billion at the end of January from $43 billion
two years ago.
And its budget deficit is growing fast. The
government wants to invest in big infrastructure
projects and make the country less dependent on
oil.
The deficit is now expected to reach 3 trillion
naira ($15 billion) in 2016, up from a previous
estimate of 2.2 trillion.
Nigeria is also suffering from frequent power
cuts and fuel shortages because it doesn't have
enough capacity to refine it own crude.
The finance ministry denied reports that it has
already asked for emergency cash, but said it is
considering a World Bank loan as one way of
funding the deficit.
"The truth is that Nigeria... has indicated an
intention to borrow 1.8 trillion naira principally
for investment in capital projects to stimulate the
economy," Finance Minister Kemi Adeosun said
in a statement.
Nigeria is exploring the option of borrowing from
multilateral organizations such as the World
Bank and AFDB, as well as the Export-Import
Bank of China, because they offer lower rates of
interest than other lenders, she said.
Nigeria is a member of OPEC, and has been
pushing for the Saudi-led oil cartel to cut
production to support prices.
OPEC decided in 2014 to wage a price war with
low cost producers in the U.S. and elsewhere in
a bid to defend market share. Many OPEC
countries are still making money at these prices
but others are losing.
Nigeria's average production costs are estimated
at about $31 a barrel.
www.cnnmoney.mobi/article?url=http%3A%2F%2Fmoney.cnn.com%2Fmobile%2Fjson%2F2016%2F02%2F01%2Finvesting%2Fnigeria-opec-oil.json

Alhaji work for us to enjoy, 10 virgin*s awaits you .Dey there dey sleep naa

Miss wailer,how market?

austinsmat:
We has won them tactically by mr lie ..........

The ediot minister should quit or resign.

HomesOfLife:
NAMES OF NIGERIA TREASURY LOOTERS SINCE 1999
NAMES OF DEPOSITORS
GEN. ISHAYA BAMAIYI $100,000,000,000,000,000
ALHAJI WADA NAS $115,000,000,000,000,000
GEN. TAJUDEEN OLANREWAJU$145,000,000,000,000,000
GEN. THEOPHILUS DANJUMA $175,000,000,000,000,000
GEN. ABDULKARIM ADISA $190,000,000,000,000,000
TOM IKIMI $220,000,000,000,000,000
DAN ETETE $250,000,000,000,000,000
DON ETIEBET $275,000,000,000,000,000
ABDUKADIR ABACHI $350,000,000,000,000,000
MUHAMMED ABACHA $375,000,000,000,000,000
REAR A. MIKE AKHIGBE $400,000,000,000,000,000
ALHAJI ISMAILA GWARZO $450,000,000,000,000,000
ALHAJI UMARU DIKKO $500,000,000,000,000,000
GEN. ABUBAKAR $600,000,000,000,000,000
ADM. AUGUSTUS AIKHOMU $680,000,000,000,000,000
GEN. SANI ABACHA $800,000,000,000,000,000
GEN. JERRY USENI $750,000,000,000,000,000
GEN. IBRAHIM BABANGIDA $1.200,000,000,000,000,000
LOOTED MONEY DISCOVERED IN FOREIGN BANKS
INDIVIDUAL PROFILER IN NIGERIA (AS AT AUGUST 1999)
IBB - N2462.35 Billion
Abubakar - N0493.85 Billion
Mike Akhigbe - N549.645 Billion
Jerry Useni - N805.9 Billion
Ismail Gwarzo - N517.0 Billion
Umaru Dikko - N894.65 Billion
Paul Ojuma - N35.00 Billion
Sani Abacha - N1218.137 Billion
Mohammed Abacha - N210.7 Billion
Abdukadir Abacha - N338.42 Billion
Wada Nas - N237.4 Billion
Tom Ikimi - N252.553 Billion
Dan Etere - N327.42 Billion
Don Etiebet - N567.47 Billion
Al – Mustapha - N199.793 Billion
Anthony Ani - N688.95 Billion
Bashir Dalhatu - N555.49 Billion
Gen. Wushishi - N228.695 Billion
Hassan Adamu - N130.5 Billion
T.Y. Danjuma - N342.7 Billion
Ishaya - N94.0 Billion
TOTAL - N11.130657 Trillion
LOOTED MONEY DISCOVERED IN FOREIGN BANKS
NAMES OF DEPOSITORS
LONDON
SWISS
U.S.A
GERMANY
GEN. IBRAHIM BABANGIDA
£6.256b
$7.41b
$2.00b
DM 9.00b
GEN. ABUBAKAR
£1.31b
$2.33b
$8.00m
DM 1b
REAR A. MIKE AKHIGBE
£1.24b
$2.42b
$671m
DM 900m
GEN. JERRY USENI
£3.046b
$2.01b
$1.01b
DM 700m
ALHAJI ISMAILA GWARZO
£1.03b
$2.00b
$1.30b
DM 345m
ALHAJI UMARU DIKKO
£4.5b
$1.4b
$700m
DM 500m
PAUL OGUWMA
£300m
$1.42b
$200m
DM 3.01m
GEN. SANI ABACHA
£5.01b
$4.09b
$800m
DM 535m
MOHAMMED ABACHA
£300m
$1.2b
$139m
DM 471m
ABDUKADIR ABACHA
£700m
$1.21b
$900m
DM 300m
ALHAJI WADA NAS
£600m
$1.32b
—–
DM 371m
TOM IKIMI
£400m
$1.39b
$133m
DM 371m
DAN ETETE
£1.12b
$1.03b
$400m
DM 1.72m
DON ETIEBET
£2.5b
$1.06b
$700m
DM 361m
MAJ. AL – MUSTAPHA
£600m
$1.001b
—–
DM 210m
ANTHONY ANI
£2.9b
$1.09b
$360m
DM 1.66b
BASHIR DALHATU
£2.3b
$1.001b
$161m
DM 1.43b
GEN. WASHISHI
£700m
$1.301b
—–
—–
ALHAJI HASSAN ADAMU
£300m
$200m
$700m
—–
T.Y DANJUMA
£1.36b
$1.02b
$300m
DM 190m
GEN. ISHAYA BAMAIYI
£120m
$800m
—–
—–

After all this Hausa Daura Fulani's still suffer as if north is hell fire, begging like there is no tomorrow

missKiffy:
Even their dilector sef is confused Ndi ara

Atur_u you don change your signature and you shouldn't be here. Ash****

koboko69:
[size=15pt]Brace for tougher times ahead, Okonjo-Iweala tells Nigerians[/size] -NOV 2014

http://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html



THE AIM OF DIGGING UP THIS ARTICLE:

Pleae note: Madam Okonjor made this assertions in November 2014.

1. This is to remind the Wailing Wailers who keep attacking the current minister of Finance that the ex Finance Minister whom they so much believe in and whom they believe would have been a messiah sounded the alarm of a very tough economy ahead even when oil was still as high as 76usd per barrel. Do I need to remind anyone the price of oil per barrel now?

2. The ex Minister of Finance only saw a need to block revenue leakages when Oil prices started dropping low. Was any action taken after her suggestion? No!!! Rather, despite the dwindling oil prices, CBN became am ATM to allies of the president, where raw Dollars/Naira where withdrawn/tansferred under the guise of phantom projects, bogus subsidy claims, arms procurements. Etc. Now we are suffering of dollar crunch.

Who came on board to block the leakages? The new Sheriff off course, President Buhari.

3. If at $76/per barrel, Madam Okonjor was already ringing bells, why do the Wailing Wailers expect a booming economy from a government which is less than a year in office, and currently selling oil at $28 per barrel? Rather than wailing, they should rather support the government in steps taken to move Nigeria forward.

4. Madam Okonjor needs to explain to Nigerians why Nigeria was not saving for the dry season when oil was sold well above $100 per barrel. What happened to all the revenues generated when oil was booming? We only had booming economy on papers, ordinary Nigerians never felt a booming economy under her watch.

To the Wailing Wailers:

President Buhari have succeeded in blocking a lot of revenue leakages, and is driving seriously for non oil revenue generations as it is evident in the changes made in the Nigeria Customs, FIRS, and the appointment of learned scholar Dr. kayode Fayemi as the minister of Solid minerals.Etc

We have also seen efforts to recover stolen money even though some term it political witch hunting. The almost dead EFCC whose duty was reduced to chasing Internet fraudsters popularly known as Yahoo boys have suddenly rosen up to their responsibilities. Fraudsters like Olisah Metuh, Dansuki and the likes are already feeling the heat.

Efforts to recover stollen money is also a form of blocking revenue leakages.

The fact remains that APC led government can not correct the 16 years rot of PDP in less than a year and it is illogical to blame the current economic woes on the newly elected president. Only the blind will not see President Buhari is really working to make Nigeria great again.

SO FAR SO GOOD, PRESIDENT BUHARI IS PERFORMING ECONOMIC MIRACLES, HE HAS NOT EVEN BORROWED TO PAY ANY SALARIES

God bless the Federal Rubublic of Nigeria

NB: I am a die hard APC supporter with No Apologies!!!!

Attackers, this is trash delete this and make sure it doesn't remain in your recycle bin.

ozoigbondu:
As if you had a choice

Now go cry to mummy

No, allow Dakuku to do any how ; let's see if his head will not be chopped off in river state. Apc ndi ara!

Am not surprise, its part of the daily news here in Dallas Jun ' called Nigeria

Bubuu is d cause, Shiites is a very good evidence on why UK took that very step. Buhari is d cause, stop seeing him as a saint in white garment all you need demons of Chanji in Nairaland.

cktheluckyman:
U never see am to file even one charge,you are filing multiple charges!!

Lol, guy I tire for this komtory.

Buhari is a thief and Saint on white garment. Which kin Chanji be this, and some zombies and some people whom illiteracy had eaten all they got but managed to learn how to comment on nairaland will still be chanting Chanji Chanji. Open una eyes joor, before water go swallow una. Chanji my as*

Making up stories to deceive the illiterates and myopics in Nigeria and nairaland. They is nothing like Chibok girls and there's nothing like their returns. F.G can go and hire girls to act like Chibok girls. We know.

God bless you and your entire generation. Am studying accounting in school but am more interested in computer stuffs. Thanks and I love you.

Don't be deceived, this is a new way of stealing by Buhari since other loopholes had been blocked. Got it Chanji my a*s

is lies and propaganda carried by punchng, Sahara desert reporter, dailytrust, premiumtime

Lies and propaganda. Kanu had not been authorized to speak with an media since he was kidnapped by dss. Look at this picture which dss was using to tarnish Kanu's image but we are better and more powerful and more intelligent than them. Gerarahere

Are the military suppose to be the road collecting 200 200naira from every vehicle that passes by. Good for him. Next News

Govt of lies and propaganda. They are on rush hour therefore expect more bad news. Boko Haram sympathizer and military are the same.

Oby Ezekwesili over to you p

By Ikechukwu Nnochiri
ABUJA – President Muhammadu Buhari, Tuesday, said his administration would do everything within its power to ensure the safe return of the over 200 missing Chibok ‎girls.
The girls were in April 2014, abducted from the Federal Government Secondary school, Chibok, Borno State, by members of the Boko Haram terrorist sect.
The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, who spoke when the BringBackOurGirls campaign movement visited his office in Abuja yesterday, described the abduction of the girls as “tormenting and psychologically traumatising” for the nation‎.
He said: “It is tragic for a nation to have a budget meant for arms procurement for the protection of lives and property of the citizens, and end up not having the arms but compromising the process of making adequate provisions for the protection of lives of its citizens.
“The government of President Muhammadu Buhari has demonstrated sufficient skill and commitment to the protection of lives and property within the shortest practicable time of coming into existence, it has recorded tremendous success including confronting Sambisa forest head-on with the hope rescuing the Chik girls. http://www.vanguardngr.com/2015/12/boko-haram-buhari-vows-to-find-missing-chibok-girls/

Using Sahara Reporters, Premium Times and The Nation, Buhari’s DSS starts media persecution of Nnamdi Kanu

Months after detaining Nnamdi Kanu, the leader of Indigenous People of Biafra, IPOB, President Buhari backed DSS has started using their media allies to spread propaganda against the IPOB leader.

Sahara Reporters, Premium Times and The Nation have given life to the rumours being spread by APC online associates days after Kanu was arrested.

Many see the new move by the DSS and their media associates as an all time low. DSS has so far been unable to prosecute Kanu effectively in the courts.

Kanu was granted bail by two courts, but Buhari’s DSS refused to release him. Instead they arraigned him before a third judge, who withdrew from the Buhari motivated prosecution.

This recent propaganda is believed to be part of a plot to further detain the IPOB leader.

With growing insecurity and Buhari’s inability to check the trend, he has taken to expensive media propaganda to divert attention of Nigerians from the failures of the administration.

The recent report is sponsored to divert attention from Boko Haram's nefarious invasion of communities in Borno and Adamawa since Christmas.

Using Sahara Reporters, Premium Times and The Nation, Buhari’s DSS starts media persecution of Nnamdi Kanu

Months after detaining Nnamdi Kanu, the leader of Indigenous People of Biafra, IPOB, President Buhari backed DSS has started using their media allies to spread propaganda against the IPOB leader.

Sahara Reporters, Premium Times and The Nation have given life to the rumours being spread by APC online associates days after Kanu was arrested.

Many see the new move by the DSS and their media associates as an all time low. DSS has so far been unable to prosecute Kanu effectively in the courts.

Kanu was granted bail by two courts, but Buhari’s DSS refused to release him. Instead they arraigned him before a third judge, who withdrew from the Buhari motivated prosecution.

This recent propaganda is believed to be part of a plot to further detain the IPOB leader.

With growing insecurity and Buhari’s inability to check the trend, he has taken to expensive media propaganda to divert attention of Nigerians from the failures of the administration.

The recent report is sponsored to divert attention from Boko Haram's nefarious invasion of communities in Borno and Adamawa since Christmas.

Propaganda and lies everywhere. This is the media war by people premiumtime, Sahara desert reporters and daily trust. Shame to DSS aka Buhari's dogs

The winner of nairaland lying liars of the year goes to the poster as usual.

The Nigerian army are Evil, animals in human likes. The so-called video which it's editing failed woefully is not even reliable to hold Shiites for breaching d law. Why then did the ediotic army went back to Shiites d next day in their various homes and places of worship to kill them if it's never an arranged game. Some may be fool to grab what transpired but not someone like me. Army are 1000000% wrong. Now this prof. had come up with d Truth and they are threatening his life already. What are Zoo and mess this country is.

Guys, let's wait for boko boys for reaction. Comments reserved

kissval1388:
abeg these people are peaceful joor.
no security is following Dem but dey are moving peacefully. just give biafrans protesters Dis opportunity and watch them go wild.
am an Igbo, but I love these Shiites people more Dan Sunnis

what does this have to do with whether you're igbo or not.?

criminalmindz:
he don come tell buhari the 2nd pigeon too no gree fly. at end of the year 2015, there will be a greater CHANGE in nigera. did i hear nigerians shout AMEN

Very very funny comment from you but makes lot of sense. I Chanji as if Nigerians are Cows