9jii:
are you saying he can't handle even the police ?

Jesus Christ we live in a democratic society. What took place today does not fall on Jonathan. It falls on David mark and whoever was in charge of security at that time.

So u think the police forces called Jonathan and asked him to give them permission to storm parliament.

This is similar to someone blaming Jonathan for the rampaging soldiers in Lagos that burned down BRT buses a couple months ago just because he is commander in chief of the army.

9jii:
Back tracking

There is no backtracking. Show me proof Jonathan gave the order.

notobs:
wonderful, GEJ just got my vote for next year, But let them bring it all the way to calabar - o ! make ino be like the East west road that stoped in oron, Akwa Ibom And Now needs a new contract to extend it to calabar. I will be watching thiis project as na him go determine whether i vote PDP or SDP

The east west road has been extended to calabar. Funds have already been released for the construction of the road.

Plus this railway is from Lagos to calabar. So cross river won't be left behind.

I posted this in another thread...

Its funny that APC does not seem to have a party platform. For a party that claims to be revolutionary and progressive the only thing I ever here from them is Jonathan this, Jonathan that... We are 2 and a half months away from elections and I have no idea what this party and her presidential candidates stand for.

I mean what is their opinion on the local content policy in the oil and gas sector? Do they think it should be implemented in other sectors of the economy?

what is their stance on the PIB Bill? (VERY IMPORTANT!!!)

What do they think about the governments auto policy and its implementation?

what do they think about Jonathans agricultural agenda?

Do they think Nigeria is practicing true federalism? Do they think improvements can be made in its implementation?

What steps are they going to take to curb corruption?

What is the their stance on Nigeria's decision to refuse to sign the EU EPA agreement? (VERY VERY IMPORTANT!!!!)

Do they support resource control?

How do they intend to put a stop to Boko harams activities and bring peace to the North? (VERY VERY IMPORTANT!!!)

How do they intend to solve our power problem?

Do they agree with Jonathan's privatization of PHCN?

What do they think of the federal governments plans to privatize the airports?

How do they plan to diversify the economy?

Are they pro big government or small government?

Do they agree with the federal governments plans to privatize various sectors of the economy?

What do they think about the current state of Nigeria's foreign policy?

How do they intend to put a stop to Gas pipeline Vandalism in the country? (VERY IMPORTANT!!!)

What is their thoughts on the Chinese and their growing footprint in Nigeria?

Do they support the federal governments decision to give so many contracts worth billions of dollars to Chinese firms?

So many questions...

Thanks for the information thread starter.

MissMeiya:


Sit down and ask yourself why. I know you can figure it out if you try.

You have got to be kidding me... This is the problem with nairaland. There can never be discourse because no one is willing to present their points and be open for debate. If they can't dispute your points the next thing they do is berate you or insult you.


look, The comment you made does not make sense. We have been talking about austerity measures, I raised a point that the govt will not punish the masses before feb 2015 due to thier desire to get re-elected. You then asked if 2015 was the end of the world.

Again what do you mean by that? Are u questioning the Importance of feb 2015?
If so then I have already told u why 2015 is important.

MissMeiya:


Maybe you can't read. Let me say it again:

What Do you mean then by asking if feb 2015 is the end of the world?

MissMeiya:


Is Feb 2015 the end of the world? Seriously, you think you're making sense.

You have got to be kidding me.
Let me make it simple

February 2015 = election
Jonathan want reelection
Jonathan not up tax Nigerians before 2015 election
Jonathan defend naira before 2015 election
Jonathan not want make life harder for Nigerians before election
Why?
Because Jonathan want win 2015 election

arsetalks:
Market forces? If it was market forces, the value of the naira will be 200 naira to a dollar. The naira has been stable because the government has been using the foreign reserve to stabilize the currency but now that there is practically nothing left in the reserve, they have given up.

Austerity step? And goverment cost is not been cut? NOI's wages is not been reduced? GEJ is still feeding with 1 billion naira per year? Kid me not mate.

Nope we have about 38 billion dollars of reserves left. And yes the fall was attributed to market forces but ofcourse the CBN and the oil companies selling dollars to the market is what was slowing down the slide.

Your talk about govt cost not being cut and GEJ feeding costs are a different topic all together. Plus If the govt begins to cut capital expenditure and reduce the wages of civil servants without cutting down on their own expenditure then ofcourse we will have a problem.

arsetalks:
Well, dollar is now 172 to naira. Not devalued?

Nope that's what we call market forces. You have to remember that these past 2 months has seen a drastic fall in oil prices. We have never had such a drastic fall since the 2008 crisis. This drastic fall is having an effect on the stock market and the naira.

When oil stabilizes then the stock market and the naira should do so as well

Plus when I talk about devaluation I am talking about 200 naira to 1 dollar. That is what some economic analysts are trying to tell the govt to do.

pro2010:


So what would happen if they review the luxury items list after the election sir?

This whole talk of austerity is due to the present fall in oil prices. Oil is not going to stay this low. Oil is very oversold and is touching an enormous support area ($70 a barrel) by feb 2015 I see oil stabilizing between 80-90 dollars a barrel which is a good price for the nigerian govt. so there will be no need for austerity.

You also have to remember that due to the trade surpluses nigeria has been having over the years, our government has been able to run a budget deficit and can still execute capital projects.


One other thing to look out for is Russia. These sanctions are taking a toll on the country and if Russia is to implode look for oil to shoot up to historical levels even with the increase in shale production from the U.S.

MissMeiya:


I'm pitying you. Wait until they reveal what they consider to be "luxurious items". You think because she said "yachts and jets" you are safe. How many of such things can they tax? What measly amount can they generate from the relatively tiny number of such items?

But you missed where she snuck in "alcoholic beverages".

Anything not a necessity can be called a luxury. The word is subjective. Just wait.

No need to pity me. Let us both wait and see what the govt will include as luxury items.
I can assure you whatever they include will have very little effect if any at all on the average man. After all 2015 elections are around the corner.

Seriously I shouldn't be telling you guys this. All you guys claim to be such geniuses who are never easily fooled by the government but yet you guys don't understand basic political strategy.
Impoverishing the masses further shortly before an election is off the cards right now. So no increase in taxes and no naira devaluation before feb 2015.

arsetalks:
Austerity? They are using English to deceive you. She simply means " ways through milk the citizenry ) the more for their own mistakes. Forget the English she is speaking.

Austerity step would have been reduce wages of public office holders, reduce total cost of goverment by cutting down on the number of aides each government official has.

Sell off all those needless jets and fleets of cars.

She will do f*ck all. They will instead devalue the naira and in the end you and I will be affected. Don't get fooled bro.

They Will NOT devalue the naira before 2015 elections. Every Nigerian should know this by now. Just as they will not increase taxes on the populace before the elections, this is basic political strategy.

Why do you think the cbn and oil companies have been using our reserves to support the naira these past 2 months?

Again they will not devalue before feb 2015.

Also by the time February 2015 arrives the value of oil should stabilize somewhere between 80-90 dollars which is more than enough to run Nigeria. So all this austerity will talk will be long forgotten.


Plus due to nigeria running a surplus for the past few years The government has the ability to lower the benchmark oil price and still execute capital projects. ( that's good for the masses)

Nigeria has problems but the country is no where as Bleep.ed as some political analysts want to paint it.

arsetalks:
Are you serious about this? You think with the drop in oil prices, the value of Naira won't be affected? And if the value of naira is affected as it is already been affected ( now 172 to a dollar ), you honestly think fuel pump prices won't go up?

Oil marketers will simply tell you they pay more to import and jack up their own prices or government ( who is getting broke ) increases the money pay for subsidy.

Think bro. This will have a very big negative impact on the economy.

We are not talking about oil prices. This thread is about austerity measures the government is taking which Is limiting public office holders travels and increase in taxes on ostentatious goods and oil is NOT an ostentatious good.

Again this thread is about the steps govt is taking to cushion the effect of falling oil prices. What you are talking about is a whole other topic.

Gistdutch:
Why do you think is only the elite that will be affected ,can you explain better for us to learn ?

First they are limiting travel for public office holders. This means less money coming from the masses to support thier trips.

The second is by increasing taxes on luxury goods only the rich will be affected. These are not regular goods that the average Nigerian can afford.

Such things like Wine, Armoured vehicles, Diamonds, Yahcts, high level cars like porshe, e.t.c

Also since majority of our luxury goods are imported the increase in taxes will not be able to touch the common man.

Infact an increase in taxes on a luxury good like wine will be good for the economy. Since a substitute good to wine is beer, I see more rich Nigerians spending their money on beer, and since we manufacture our own beer in this country it means more money going into the economy.

Think about the 68,000 households in abuja with $150,000 of spending power paying higher taxes and channeling their money back into the economy.

“We have the benefit of being able to compare those two markets. In Abuja, there are over 68,000 households with annual expenditure of over $150,000 per household which is quite fantastic. For a retailer and investor, this statistics is quite compelling and emboldening. We know all these because we conduct our research which emboldens us in our investments.”

http://businessdayonline.com/2013/10/equity-investor-targets-150000-household-spend-in-abuja-with-jabi-mall/#.VGnYAvnF-So

retepmurt:
Ok.Some of us are no more gullible,our leaders have failed us.All their economic measures are always theoretical and nt practical as obtained in other countries.Anybody that believes this govt can believe anything.

It's not about believing the government. Its about having an understanding of politics. Jonathan is [b]NOT [/b]going to increase the burden on the masses by cutting capital expenditure or increasing taxes. This is because he wants to be reelected come 2015. Do you know what will happen to his supporters base if he were to increase taxes on the masses? Its the same reason why the government has vehemently refused to devalue the naira from our current levels to 200 to 1 dollar and have instead opted to use our reserves to support the naira. Its all for the 2015 elections.

retepmurt:
Eventually,tne masses will stil bear the brunt.Dont trust this people,their policies wil never favor the poor.

I am looking at the uninformed posts in this thread and shaking my head... Nobody knows what luxury/ostentatious goods are. Plus the increase in taxes on ostentatious goods cannot be passed on to the masses since the all of our ostentatious goods (apart from armoured vehicles) are imported.

plus in regards to policies:
We are not talking about eventually, we are talking about now. Plus the current government is not going to enact any policies that will affect the masses negatively due to the incoming 2015 elections. Also by February I see the price of oil coming of these lows to somewhere between 80 and 90 dollars so any cutting measures that affect the masses will not take place.

retepmurt:
Elites ko,kegites ni.U go suffer ehn.

Did u read the article?

They are going to limit foreign visits by public officials and raise taxes on luxury goods. Or do non of you know what Luxury goods are?

Products which are not necessary but which tend to make life more pleasant for the consumer. In contrast with necessity goods, luxury goods are typically more costly and are often bought by individuals that have a higher disposable income or greater accumulated wealth than the average.

Read more: http://www.businessdictionary.com/definition/luxury-goods.html#ixzz3JJwoZBSQ

http://www.businessdictionary.com/definition/luxury-goods.html

In Nigeria things like wine, armored vehicles, yachts, diamonds would be classified as luxury goods.

They never said they would cut public spending.

the only people that are going to be affected by these austerity measure are the elites. So I don't know why people are all up in arms about it.
These means the decline in oil is making our leaders wake up to their responsibilities.

Spicylate:
what for? im even thinking if we can have a female president or vp sef.

Thank you.

I am still waiting for a nigerian woman to sit in aso rock. I am hoping 2019 or 2023 produces such a person.

Nope.

Blacks make up 12% of the us population and are an integral part of American history. They were brought there as slaves and on their backs and with their blood America was built. They went through oppression,dehumanization and slavery (all of which they still experience today apart from slavery) and yet a black man was able to rise to the most powerful position in the land.

A white man ruling nigeria or any other african country can never be compared. After all white men conquered africa and still control many parts of Africa today economically.
(Francophone Africa is a good example)

Adminisher:


So your evidence for overvaluation is the Ecinomist'S view?. That is sad. You need to do some resesrch into what constitutes an acceptable exchange rate if the economist's view had been N300 to $1 maybe you would have accepted it as well. The excyange rate is what you wajt it to be depending on what your economic programne idls to be.

You dont need the economist to know the naira was overvalued.

Also I just like to post links to backup my statements. Plus the economist is a reputable source or do you think those illiterate Nigerians who keep blabbing about how our economy was well managed and our naira was stable under abacha are right?

Plus tell me what Nigeria was producing and exporting that justifies abacha pegging the naira at 22 to 1 dollar?


Again the naira under abachas regime never followed market forces. It was fixed and manipulated by him. It is only from Obasanjors regime that the naira has been trading under market forces, and as we can all see the naira has continued to weaken due to

-Increase In spending power of the populace
-increase in foreign and local investments in various sectors of the economy (these investors need things like raw resource materials and machinery to do their work and since Nigeria doesn't produce either to satisfy demand they will import)
-decline in value of oil

(basically increase in importation of goods into the country and falling oil prices is the reason for the naira weakening)

i find it funny that he is talking about the Naira being Stronger under Abachas Regime.
I guess he does not know that the naira never followed market levels and was grossly overvalued under Abacha's regime and it was a way Abacha and his cronies could make quick cash on the heads of the masses.

http://www.economist.com/node/273201

Mr Obasanjo has taken effective action to start expunging the virus of state intervention from the Nigerian economy. Most important, he has liberalised the exchange rate again. Under Abacha, the naira was grossly overvalued, but only the ruler's cronies could buy hard currency at the official rate. They could thus make millions in minutes by buying dollars cheaply and selling them expensively on the black market to businessmen who needed them. Now, although the naira is not yet fully convertible, its rate is set daily at more or less market levels, and oil companies are allowed to sell dollars direct to anyone who wants to buy them. So the gulf between the official and the black-market exchange rate has all but vanished, and with it the opportunity for arbitrage. [b]Mr Obasanjo has also ended the scam whereby officials deliberately created petroleum shortages to drive up the black-market price, thus enabling them to make a huge profit on reselling fuel bought at low official prices. [/b]The price at the pumps is still fixed by the government, but no longer at absurdly low levels.

This is good news to hear.

iamord:


Shut up!
If you don't know something or u are not sure ask or find out!!
Ghana is yet to sign it .nor any of the african countries.
I repeat if You don't know something or u are not sure ask or find out!

Nigeria is the only west African country that has not agreed to the agreement and because of that our products have been taxed at European ports.

Nigerian cocoa-processing companies say the cost of exporting their products to Europe has been inflated by 30 percent because of a stalemate in agreeing new trade terms with the European Union.

Nigerian cocoa butter and cake exports are charged from 4.2 percent to 6.1 percent of freight-on-board values as taxes at EU ports without an agreement, Felix Oladunjoye, executive secretary of the Cocoa Processors Association of Nigeria, or Copan, said in a phone interview today from Lagos, the commercial capital. Nigeria is the only country in West Africa yet to sign the Economic Partnership Agreement protocol on free trade by the EU and African, Caribbean and Pacific countries, he said.

http://www.bloomberg.com/news/2014-10-21/nigeria-cocoa-processors-face-cost-barriers-to-eu-exports.html

Whynotthetruth:
Aside what the Op posted...I think the content of their speech too made much difference too. Why GMB wasted all his time lambasting GEJ and forgot to tell Nigerians what magic wand he has to solve all our perennial challenges within a twinkle of an eye. GEJ NEVER discussed or mentioned persons rather he marshalled out his achievements with a promise to do more...Let's do politics of ideas and issues not character assassination and propaganda. His support base cuts across Nigeria too as shown by the different support groups....

Truth.

Its funny that APC does not seem to have a party platform. For a party that claims to be revolutionary and progressive the only thing I ever here from them is Jonathan this, Jonathan that...

I mean what is their opinion on the local content policy in the oil and gas sector? Do they think it should be implemented in other sectors of the economy?

what is their stance on the PIB Bill? (VERY IMPORTANT!!!)

What do they think about the governments auto policy and its implementation?

what do they think about Jonathans agricultural agenda?

Do they think Nigeria is practicing true federalism? Do they think improvements can be made in its implementation?

What steps are they going to take to curb corruption?

What is the their stance on Nigeria's decision to refuse to sign the EU EPA agreement? (VERY VERY IMPORTANT!!!!)

Do they support resource control?

How do they intend to put a stop to Boko harams activities and bring peace to the North? (VERY VERY IMPORTANT!!!)

How do they intend to solve our power problem?

Do they agree with Jonathan's privatization of PHCN?

What do they think of the federal governments plans to privatize the airports?

How do they plan to diversify the economy?

Are they pro big government or small government?

Do they agree with the federal governments plans to privatize various sectors of the economy?

What do they think about the current state of Nigeria's foreign policy?

How do they intend to put a stop to Gas pipeline Vandalism in the country? (VERY IMPORTANT!!!)

What is their thoughts on the Chinese and their growing footprint in Nigeria?

Do they support the federal governments decision to give so many contracts worth billions of dollars to Chinese firms?

So many questions...

aresa:



Only if that governor is your village governor because the last time I checked, the same Fashola you trashed built more rural roads than all your governors combined..

Bitterness is what makes you people down talk other people's achievements when in fact your own governors are grossly incompetent..

Your village governor posted N176 billion budget for 2014 with less than 2 million people and this is all you have to show for it. Who is really overrated?

Look in the mirror first before trashing other people.. You haven't passed page one and you ran out of pictures, now you are posting internet scraps here and there...

and where did i look down on his achievements? So calling him a bit elitist is looking down on his achievements to you?

Your just arguing for the sake of arguing at this point.

Look I have even said that if APC were to field fashola I would vote for him even with all his faults.

ujoinme:
Op i told you. To ignore the apc tout aresa AKA ekoile, he should go and show. Us what his gov has done in osun state. Just focus on showing whats happening in CRS.

yeah. That person is a lost cause...

aresa:



Oh, you roads are all of a sudden are important and they help the people, but when it comes to Lagos state and Fashola, he's overrated even with his roads, bridges and all the things your imoke can not do in 100 years...

Your village governor built a village road and you call it achievement, but Fashola built more roads than your governor, he built the best bridge in Nigeria and he's overrated? Who is really overrated? Your village roads governor or Fashola with 7 full pages of started and finished projects

I'm here to highlight your lies, silliness and hypocrisy... You people are fool of shittt and I enjoy exposing your shallow and empty rubbish...

That bridge was way too expensive. There was no need to build a suspension bridge. And yes Fahsola is quite elitist.
Look at other parts of Lagos state he has neglected. look at Makoko slum. What has he done to help the people of that slum in his 8 years in power.
There are over 250,000 lagosians living in that slum with no access to electricity, clean water e.t.c

aresa:


Stick to the projects initiated by imoke and stop raiding Duke's achievements.

We both know you have nothing more to show...

Yes I'm here not only because of what you said about Fashola, but the fact that you did it while propping up your village governor as an achiever and even started a thread to prove your point.

...but you can not go beyond one page with your village roads and uncompleted building...

https://www.nairaland.com/1987523/fashola-inspects-combined-high-magistrate/3


^^^^^ Your entire region combined can not achieve what's in the above thread in 100 years..


Shame on you...

show me Donald dukes achievements in this thread.

and again village roads are a good thing. A responsible government never negelects her rural dwellers.

plus providing drinking water to RURAL TOWNS AND VILLAGES is easily one of the greatest achievements in this country to date. How many state governors even remember their rural citizens. The days of our people going to streams to fetch water is over. Now the water board has laid pipes and connected them to the residents of various communities. This is what development is about.

Cross river states developments might not be flashy but I can assure you they are making a far greater impact on the lives of the citizens when compared to other governments.


http://www.thisdaylive.com/articles/potable-water-for-cross-river-communities/182926/

In each community with water project visited, excitement was on the faces of the natives. They literarily rolled out the drums in celebration. At Itigidi, a man, John Eja said: “We are delighted that our children will no longer die as a result of waterborne diseases. The time spent travelling to fetch water that is not safe can be used for something profitable by our children and wives. This is a policy that has direct bearing on the lives of the people and it should be commended by everyone. This is a wonderful project for us. For years we have stayed without water and our people fetched from well, river or contaminated streams. We thank Governor Imoke for this gesture because this will help us a lot as water was our main problem. We pray that God bless him for us.”

It was commendation galore too in other communities visited. Clearly, the revamp of three public utilities undertaken by the Imoke administration with their impact felt include water, rural access roads and rural electrification.

aresa:




Trust me I got the gist. Silent and calm is the new code word for your leaders are incompetent.

Imagine starting a thread about achievements and all we have is nothing but dusty village roads and one uncompleted building...

This is even below propaganda, this is empty and shallow achievement... You are not even doing the man any favors by putting him on blast...

Plus the rural roads I posted are under construction. You failed to see that because you are somehow so bitter.

Also those rural roads will benefit those communities and will make life so much easier for them.

Here is a piece of advice. Take a chill pill and relax. Its funny how your following me around because I said Fashola was a bit overtated.