₦airaland Forum

Where is fashola

It was an embarrassing moment for Nigeria on Wednesday night as passengers were stranded at the international terminal of the Murtala Muhammed Airport, Lagos when the departure and arrival sections became enveloped in darkness due to power outage.


The outage disrupted activities for over one hour, leaving the passengers stranded during the peak evening hours when many of the international flights were checking in and boarding their passengers.

The power cut, according to an eye-witness account, gave rise to security challenge as security operatives tried to take control of movement of people and luggage in the dark.

culled from thisday

tomakint:
Buhari better be right on this one, hence, his anti-corruption crusade will never be trusted but will be branded "witch-hunting against opposition".......when a man is said to steal $2billion in a Country where 80% of the population are struggling to eke a livelihood, then such a man deserves to be forgotten in prison or if need be, shot to death. Like I said earlier, this allegations against Dasuki better be true.

Buhari should show Nigerian the transaction documents of those deals instead of stories

tos4u:
This maradona Mimiko again let him shut up and tell us who he spent our money for ondo state, no employment, no local government elections, for almost seven years now.....

are you sure you reside in ondo state?

DaBullIT:
If its true , don't expect him to come home , Treason is a serious first degree crime

" I will make the country ungovernable" - Atiku, after he lost PDP presidential primary in 2011.
is it treason or freedom of speech.

when companies are busy laying off staff everyday

moseshola:
People responsible for under-dispensing fuel in filling stations should be arrested and prosecuted. It is a criminal act and should be treated as such. Sealing their station alone is not enough.

If fuel was available, will they hoard it.
The government has simply failed in her responsibilities to the people.
During Jonathan's administration, Fuel was always available.

irecruit:
THAT WOULD BE NICE IF IT IS DONE

If fuel was available will they hoard it?

menix:
It's time FG start formulates an instant death law for pipeline vandals to curb this menace...

what about cocoa and illegal miners?

wordbank:
Recession coming
Poor economy
It's now a phenomenon that at the end of each year
#imlifted

During GEJ adminstration, Fuel was available always, even during festivity time.
I wonder where we are going under this APC regime.

erunz:
APC will soon run out of excuse

PDP will defintely be blamed after 4yrs of APC failure.

free2ryhme:
Oshiomole has laid the foundation for others to build on. he may not be the best but certainly he has brought life back to edo state unlike that curse lucky igbinedion

Edo state was on ground level when Igbinedion left,
Oshiomole sink the state deep into the ground,
The next governor will have a herculian task of bringing the state back to the ground level before taking it up.
I give edo state 8yrs before they start seeing the dividend of democracy

may be they want to remove fuel subsidy

abiolert:
You have opened another door for matured discussion this morning from me, so let's keep it flowing .let me give you at least 3 reasons why PDP can never rule Edo at least for the time been but maybe in the future.
1. Edo state was bastardised by PDP maladministration of Lucky igbinedion and Osunbor,and there is this resentment of the people towards any thing that starts with P.
2.APC controls the federal and the state which will definitely make it a hard nut for PDP to crack.
3.lastly Even though the Governor is misbehaving in some aspect which also makes him human,His developmental strides has enabled him win d heart of the people.

you must be high on Amala powder,
come 2016 PDP is taking over Edo state.

The total investment in Nigeria’s oil and gas industry, which stood at $20bn in 2014, has dropped by 20 per cent this year, according to the President, Chevron Africa and Latin America Exploration and Production, Mr. Ali Moshiri.

In Africa, he said Nigeria was the top producer of liquid hydrocarbon and number three in gas production, stressing, however, that the country’s number three position in gas was because of lack of infrastructure and not because of gas resources.

The country, he noted, had more gas resources to make it number three or four in the world, but added that the challenge militating against the realisation of this was gas infrastructure deficit.

According to him, Nigeria has tremendous capacity and resources to produce far above two million barrels of crude oil per day, but added that much investment would be required.

Moshiri said about $20bn in investment would be required yearly for the country to increase its current production levels.

He said, “But when you talk about investment, the total industry investment in 2014 was about $600bn and Nigeria had around $20bn. After the (oil) price crash, there is tremendous reduction in global investment.

“Now, the question you may ask is: is that reduction because of cost efficiency or is that reduction because of investment? They are not doing the same thing they did before and it is cheaper. As you can see, investment in Nigeria has significantly dropped by 20 per cent.”

He said many projects were locked up in the country because of cost, and identified the Bonga South West project as one of such.

culled from Punch

THE sack of the former Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Lamorde, has been linked to his handling of the Corruption case against the Chairman of the Code of Conduct Tribunal (CCT), Dan Ladi Umar, who was being investigated for taking bribes from a former Comptroller of Customs (names withheld).

Based on documents signed by Former Attorney General, the EFCC’s investigation revealed that Umar did not only meet the accused, he also accepted the bribe through his Personal Assistant, just as he allegedly kept on pestering the former customs boss for the balance of the N10 million that he had requested. Helpless to meet up with the balance, the Comptroller petitioned the EFCC in the case against Umar. The EFCC reportedly launched a case against him and found out that he texted the Customs boss his account number using his own mobile phone number (withheld).

Umar also sent the former customs boss the details of his Personal assistant (names withheld) to Comptroller’s telephone number (withheld).
The former NIS comptroller reportedly paid N1.8 million into Umar account, which his personal assistant withdrew the same day, precisely on December 12, 2012. After reviewing the facts of the bribery case, Bello Adoke (SAN), the former Attorney-General of the Federation (AGF), wrote to President Goodluck Jonathan on May 7, 2014, stating: “In light of the foregoing, therefore, Your Excellency may wish to initiate the necessary steps for the removal of the Chairman.”

Lamorde reportedly wrote back to the AGF stating that there was, in fact, strong evidence to suggest an attempt by Umar to “cover up” the bribery scandal.

Sources yesterday said the Chairman of the EFCC might have dropped the charges against Umar, because the Senate started investigating him on August 26, 2015.

In the petition addressed to the Speaker of the House of Representatives, Yakubu Dogara, ACN wondered why the EFCC failed to comply with the directive by the in Attorney General of the Federation via a letter ref HAGF/EFCC/2014/Vol.1/19 dated 26 June 2014, that Umar is subjected to a probe of criminal allegations leveled against him and one Malam Ali Gambo.

Culled from The Guardian

Barclays monday announced that it would remove Nigeria's sovereign debt from its emerging markets local currency government bond benchmark from February 1, 2016.

The announcement came a few weeks after United States investment bank, JP Morgan & Chase, removed the country from its Government Bond Index for Emerging Markets (GBI-EM).

Barclays was quoted by Reuters to have explained: "Nigeria will be removed from the flagship Emerging Markets Local Currency Government Index as of February 1, 2016," adding that the debt would continue to be eligible for its broader Emerging Markets Local Currency Government Universal Index.

The index provider had said it would drop Nigeria from its index and had cited same lack of liquidity and currency restrictions that JP Morgan gave to delist Nigerian bond from its index. In fact, Barclays had last month disclosed that it listed Nigeria’s eligibility for inclusion in the Emerging Market Local Currency Government Index among the primary topics to be considered in its yearly review process this month.

The international bank had in March 2013 admitted 13 FGN Bonds with a value of $13.9 billion on the index. Nigeria and Romania were the two countries whose governments' local currency bonds were added to the Index same month.

Africa's largest economy has taken a hammering from the steep drop in oil prices since mid-2014. Barclays also said that Russia and Argentina would become eligible for its Emerging Markets Government Inflation-LinkedI Bond (EMGILB) Index as of February 1, 2016.
When contacted on the development last night, the Director, Corporate Communications of the Central Bank of Nigeria (CBN), Mallam Ibrahim Mu'azu, told THISDAY that the move by Barclays was unfortunate, saying there was no reason for such a decision.

According to him, all the reasons that JP Morgan gave for the delisting of the country earlier had since been resolved, adding that Barclays ought not to have taken such decision.

"There is no reason for their action other than they want to follow what JP Morgan did. If you look at the issues why JP Morgan took its decision, they have all been resolved. The federal government now has a cabinet in place and the developments in the last three months show that the country is on the right track," he added.

He also noted that recent positive ratings assigned to the country by Fitch and S&P ratings were all indications that the nation was on the right path.

The federal government had in response to JP Morgan stated that Nigeria and the interest of Nigerians were paramount, and that they would continue to take economic decisions that would impact positively on the lives of all citizens.

"The market for FGN Bonds remains strong and active due primarily to the strength and diversity of the domestic investor base," it had maintained.

Afrinvest West Africa Limited at the weekend disclosed that the Nigerian bond market had been very liquid in the past few weeks, which has made investors to remain bullish in the fixed income securities market.

The strong liquidity in the market was largely influenced by the decision of the CBN to suspend its regular mop-up of liquidity from the system, mostly through its open market operations (OMO) instrument in the past few weeks. This is evident in the Nigerian Interbank Offered Rates (NIBOR), especially the overnight tenor, which has fallen significantly. The yield on a 90-day naira-denominated treasury bill has fallen from 14.9 per cent in August to 9.3 per cent recently. Having been essentially flat for at least five years, the naira yield curve now has a positive slope.

These, together with a six per cent reduction in commercial banks’ cash reserve requirement from 31 per cent to 25 per cent by the monetary policy committee in September, according to analysts, have more than offset the reduction in liquidity resulting from the implementation of the Treasury Single Account.

Culled from BusinessNews

The Majority Leader of the House of Representatives, Mr. Femi Gbajabiamila, and some of his allies were conspicuously missing on Monday as the Speaker, Mr. Yakubu Dogara, inaugurated 96 special and standing committees of the House.

His absence was not lost on the chambers, as it passed the message that the dispute in the House over the sharing of chairmanship positions of the committees had not been resolved. However, all other principal officers of the House but one, were present. The House has 10 principal officers, eight of whom were present.

Those present were Dogara (APC); Deputy Speaker, Mr. Yussuff Lasun (APC); Chief Whip, Mr. Alhassan Ado-Doguwa ( APC); Deputy House Leader, Mr. Buba Jibrin (APC); Deputy Whip, Mr. Pally Iriase (APC); Minority Leader, Mr. Leo Ogor (PDP); Minority Whip, Mr. Yakubu Barde (PDP); and Deputy Whip, Binta Maigeri (PDP).
The Deputy Minority Leader, Mr. Chukwuma Onyeama (PDP), was said to be indisposed.

Over 240 of the 360-member legislature also took part in the inauguration, which was held in the chambers of the House.

The President of the Senate, Bukola Saraki, many former presiding and principal officers of the House as well as the Clerk to the National Assembly, Mr. Salisu Maikasuwa, attended the session.

Dogara addressed the House and the visitors as he inaugurated the committees amid intermittent applause from members.

His speech was interrupted at least thrice with shouts of “Dogara,” “Dogara,” “Dogara.”

But, the Speaker warned committee chairmen and members that acts of corruption or “misconduct” would not be condoned.

He said an errant chairman or member would be promptly removed in addition to facing appropriate legal penalties.

As an arm of government charged with the constitutional responsibility of checking the excesses of the executive arm, Dogara observed that it would be unacceptable for lawmakers to engage in the same acts of corruption they were elected to expose.
Dogara added, “The leadership of the House will, consequently, be very sensitive to any report of wrongdoing or corrupt practices by any member or leadership of a committee.

“By choice, we have declared in our legislative agenda that ours is a people-centered House. The implication of this is that in this season of change, our people must be at the centre of our oversight assignment.

“In this season of change, we have lost the liberty to engage in the pursuit of self. The unbridled pursuit of self may justly be pronounced the very definition of poverty.”

On the controversy surrounding the prime committees, otherwise called ‘juicy’ committees by members, the Speaker claimed not to know that such committees existed.

He added that all committees were seen to be “very important” and were created for the sole purpose of serving Nigerians.

“There is nothing like juicy or non-juicy committees. I don’t know what that means,” he said.

The PUNCH sought the comments of Gbajabiamila on why he shunned the inauguration and he replied that he had not been part of the composition of the committees from inception.

However, he stated that he would make himself available to the chairmen and the deputies in the course of carrying out their duties.

Gbajabiamila said, “I was not part of the composition of the committees and so my being present at the inauguration goes to nothing.

“I know the chairmen and their deputies. They are my colleagues and I will (be) available to each and everyone of them in any way that would assist them in the discharge of their responsibilities and functions.”

But, the Chief Whip, a member of the APC, Ado-Doguwa, said any principal officer who claimed that he was not consulted on the composition of the committees was being economical with the truth.

“I stand here on behalf of nine other principal officers of the House to say that we were duly consulted on the appointment of these committees. Nobody was left out,” he announced on the floor of the House shortly before the session ended on Monday.

As the session ended, the House called on those it called “few members,” to support the committees to work for Nigerians.
The Deputy Chairman, House Committee on Media and Public Affairs, Mr. Jonathan Gaza, who spoke for the House, noted that “Nigeria is greater than a few.”

There has been a cold war between Dogara and Gbajabiamila since October 22 when the Speaker named the 96 committees on account of grumbling by the APC members that the party was not fairly treated in the distribution of the committees.

The Speaker had allocated 48 of the committees to the APC, while the main opposition Peoples Democratic Party got 45 slots.

Some aggrieved APC members complained that the PDP members were given more prime committees than the majority party.

Included in the PDP’s share were committees including the Committee on Petroleum Resources (Upstream); Committee on Petroleum Resources (Downstream); Committee on Gas Resources; Committee on Aviation; Committee on Power; Committee on Works; Committee on NDDC; Committee on Niger Delta; and Committee on Air Force.

Among the APC’s committees were Committee on Appropriation; Committee on Finance; Committee on Customs/Excise; Committee Defence; Committee on Communications; and Committee on Agricultural Services.

But, some APC members felt that Dogara should have given the committees on petroleum resources, gas resources, power, works and aviation among others, to the majority party as well.

In addition, they had observed that the difference between 48 and 45 was three, meaning that the ruling party and the opposition almost tied on the number of committees they got from the Speaker.

To demonstrate their grievances, two APC lawmakers officially resigned their committee headship two weeks ago. One was a former Deputy Minority Whip, Mr. Garba Dhatti-Muhammad, who resigned as the Chairman, Committee on Solid Minerals Development.

His official reason was that Dogara did not “consult” him before appointing him as a chairman.

Another member, Mr. Sunday Adepoju, rejected an offer to serve as the Deputy Chairman, Committee on Special Duties. Adepoju had claimed that he resigned because the APC was not fairly treated.

The Speaker simply replaced the two officials with other lawmakers and went ahead to hold an interactive session with the chairmen ahead of Monday’s (yesterday) inau guration.

An attempt by the National Chairman of the APC, Chief John Odigie-Oyegun, to resolve the matter by holding separate meetings with Dogara and Gbajabiamila last week did not alter the composition of the committees on Monday.
As of the time of the inauguration on Monday, no other chairmen had resigned, an indication that 95 chairmen and 94 deputies still held on to their seats.

The President of the Senate, Saraki; a former speaker, Chief Agunwa Anaekwe; a former deputy speaker, Mr. Chibudom Nwuche and representatives of organised labour also addressed the House on Monday.

culled from punch Newspaper

A CHIEFTAIN of All Progressives Congress (APC) in Adamawa State and one of the major sponsors of Governor Umar Bindow’s campaign, Alhaji Halladu Jimeta, has called on President Muhammadu Buhari and the national leadership of the party to intervene in what he described as administrative disaster under APC government to avoid total collapse of the state before next year.

Halladu, the Sarduana of Jimeta, who spoke with The Guardian in Yola, lamented that the mantra of APC leadership in the country, which is positive change for development, had been abandoned for personal interest, which he said, is not only affecting the image of the party in future elections, but that the people of the state are undergoing undue hardship in the state.

The APC chieftain, who apologised to the people of the state for what he called anti-people government in the state, said that they supported APC with a good intention of development in the state, but lamented that what they got after elections was not what the party chieftains bargained for.

We work for our party and we ensure that Bindow win the election bearing in mind that he has the capacity to restore the lost glory of the state, but unfortunately, we now discovered that our case in Adamawa now is like from frying pan into fire. Our search for good leadership has landed us in a bigger trouble. Only God and the national leadership of APC can rescue us from the trouble we have put ourselves in. For me, it is only apology that I can give the people of the state,” he stated.

Halladu, who said that several attempts by the party chieftains in the state to draw the attention of the governor to the major and dangerous lapses of his government have fallen on deaf ears, regretted that the APC, a party that is tasty for positive change, cannot find its feet in the state due to personal selfish interest of some people in government.

The Abuja-based business guru-turned politician expressed concern that if the party’s national leadership did not take effective fast action, the APC will collapse before next year, pointing out that the opposition PDP is not only watching the lapses of the present government in the state, but that the PDP is building fast on the APC’s poor leadership in the state.

Immediately the governor took over the mantle of leadership within three weeks without a cabinet, he awarded road construction contracts worth over N6 billion. This is completely abuse of the provisions of the Constitution and the due process. It is only the state executive that has the constitutional powers to approve contracts. Buhari did not award any contract up till now because he is yet to constitute a cabinet. The governor’s Commissioner for Information out of ignorance was saying that the governor can spend money without cabinet on emergency, but what he fails to understand is that such situations are limited to security issues only, but not award of road contracts. When did road project become an emergency issue that the governor cannot wait for his cabinet to be constituted?” he asked.

He said that if the governor fails to respond to the yearnings of the people of the state for positive change, the people would effect the change through the ballot-box, pointing out that no person or group can hold the entire people of the state to ransom.

Halladu, who expressed concern over the fate of his party in the next general elections, said the chieftains of APC in the state cannot fold their hands and watch an individual destroy a party they built to restore hope in Nigerians and ensure that democracy thrives and the people enjoy its dividends.

egbaguy:
Joe igbokwe stutters........I prefer rotimi fasakin or even dele alake

I prefer Joe Igbokwe

seunmsg:
When we won the African nations cup and the same under 17 world cup under GEJ, they all attributed the success to the transformation agenda. So, what's the big deal if the golden eaglets victory is attributed to PMB's change agenda?

because not has really change instead we are retrogressing

penisilin:
Please if the lot of you screaming BIAFRA!!! Have no feeling for yourselfs, atleast think of your women, children and generations to come. Believe me when it starts, the battle will start and end only in your homes just like the first civil war if not worse... ask the northerners.

why bothering yourself, if u know the war will not come to your doorstep.
this is 2015 not 1967

nawtipikin:
IF YOU ARE NOT IN BENIN OR EDO STATE U WILL THINK THIS STU.PID SHORT GUY HAS BEEN WORKING.
YES HE HAS BEEN BUSY WORKING ON YOUNG GALS AND DRAINING EDO STATE DRY!
NOTHING MEANINGFUL FROM THIS MIDGET

but it was the same people that voted massively for APC during the last state house of assembly election.
if they voted for PDP, Oshomole would have sit tight.
my brother, they deserve what they are getting.

wellmax:
The protest is not against Oshiomole

then who?,
against your father i perceived

nickxtra:
The benefits of aligning with a ruling government at the centre. Lagos people did not make a mistake. Ambo o, Ambo.......... I beg, some one should help me finish the song,

na so fashola deceive una with red/blue line untill it becomes a mirage, na buhari this time.
I am very sure na 3-legs with ur hand suppoting ur waist u go take enter dat train.

obailala:
...Another frustrated jonathanian doing what they know how to do best; throw unwarranted insults around out of the bitterness in their hearts.

ur father!

basilo101:
Dont mess with the fulanis. Jus like u said, they will retreat and later launch a suprise reprisal. they have no permanent place of abode where you can revenge on them later

do u have brain?

BumbleDevil:
Joblessness being displayed by the flat heads on a Monday morning. Mtscheeeew

ur father!

Tunami:
they should go and hug transformer.

thunder fire ur papa

vision2022:
25000 PDP Members in Riers State have defected to All Progressive Congress siting zoning imbalance as motive behind their defection. more details shortly.

thunder fire ur papa

Yusuphpedro:
As all the senators from the opposition take a walk out from the proceeding at the senate today it was observed the senator is siting with the APC senators.

what is ur headache?

oluwaSmith1:
i told you guys nothing can stop amaechi

thunder fire ur papa