₦airaland Forum

seguun:
some our billionaires already have refineries abroad...and are benefiting from the current situation of the country.

Any prove, is not easy my brother.

Billyonaire:
Silly comment. 50% or more of the IGR to Lagos State comes from the Oil companies and headquaters at Lagos. The tank farms of local products apart from imported ones come from Niger Delta but taxes are paid to Lagos. Sanusi sounds sentimental here. Even if you mention solar as the next frontier, does it mean sun doesnt shine at ND ? Shutdown Niger Delta oil and all the oil companies headquarters at Lagos disappears and 50% of IGR with the land use charges of properties owned by oil workers disappear.

Aboki na aboki. Dem never talk how useful they are in the Nigeria equation.

You most be joking, let me tell you population is an advantage. The best is yet to come, I expect by now that APC to have build!

Rail between Lagos Abeokuta and Ibadan to generate more fund.

Build a module refinery to refine their own fuel for employment and investment.

Power plants to generate his own electricity.

Intercity rail network to generate funds.

Many more.

Tinubu, the ball is in your court.

Businessideas:
That's where igbos are most concentrated in Europe.The remark is most likely, made out of envy and hatred for Yoruba nay Nigeria because we,patriotic Nigerians, voted out GEJ.
The comment and the person who made that comment have no value to Lagos.
Lagos is yet to even attain its God ordained glory yet some can't see the glory that lies ahead of Lagos.
Thank you Tinubu

You are bless!
For remembered the architect of today Lagos.

Nigeria need more than change.

AnonyNymous:
I read the whole thing. Great job TonyeBarcanista. Very good post. What I gathered from it is that Obasanjo's administration was the best, compared to the other ones, but he was too powerful. If only baba had left behind a very strong political structure, and had respect for law and order Nigeria would be better than it is today.
Yarauda initiated the death of Nigeria and Good luck Jonathan started burying the country. About Buhari, I don't know, let's wait till the end of his term

Thank you, GEJ is the worst, withdraw $17 billion from our reserve and debt of another $ 21 billion plus $3.5 ECA Total of $41.5 billion in addition to $100 crude oil boom.

HungerBAD:
Tonye make i read your article,specifically the one wey concern buhari brb.

Thank you.

godin:
Na so madness de start

Ok ooooo.

babyfaceafrica:
He will contest and win in 2019

You think so?, first APC primary before the presidential election. All is about Money and Buhari ++

SurePresident:
Sincerely, it's a sorry situation.

Sincerely! Sincerely! sincerely!

But instead to close ranks and fight those stupid politicians, we engage ourselves on Nairaland.

edunwosu:
The end of Jagaba is near. By the time Buhari cabals finish Tinubu..... He will resurrect ACN by force....

We are watching in 3D

Maybe, but only God last for life.

IVORY2009:
Tinubu has to go back and re-strategise, tne era of God fatherizm is coming to an end gradually.

Only God last for life, 2019 at play.

Our judiciary will finish this country.

figure007:
i see war coming to that region.... truely its operation crocodile smile..... when two elephant fights the grasses suffer... lots of innocent would go with this in that region

Yes my brother, North East is in a big mess now.

MadeInTokyo:
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In case u guys don't know there is a serious battle for the soul of APC in the south west.

Akeredolu is being sponsored and financed by Governor Amosun, Kayode Fayemi, Raji Fashola, Governor El Rufai and Rotimi Amaechi


The group of APC leaders have their own caucus in the APC, they are aligning and strategizing towards 2019


Where did u think Akeredolu got money to house over 1200 delegates in several hotels across Akure, the logistics and campaign finances of Aketi are coming from the men I mentioned above.

These men want to cut Tinubu to size before 2019, they started it in Kogi state, where they were able to get the APC National Body and Kogi State APC to replace the late Abubakar Audu with Yahaya Bello as against Tinubu anointed candidate James Faleke.


Olusegun Abraham was sponsored and financed by Tinubu and Chief Bisi Akande.


More dramas and realignment, will unfold in the coming weeks both in APC and PDP.


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You are on point, but they will all loss, I only pity Buhari because come 2019 he can't be APC candidate.

oduastates:
Putting 4 five million dollars locomotives on rail tracks rehabilitated and paid for by his predecessor is nothing to be thankful about.
Show us one thing he paid for out of the $500 billions

Don't mind him, rail track of over 50 year's, when the world are enjoying electric train that will take only 5/6 hours to any part.

What cost Jonathan to have construct modern rail throughout the country with the Oil boom.

willjoe:
Make aregbe pay workers jare, na school we wan chop, ma go grit ma nigga buhari

Yes but I hope they don't vote PDP they vote for in d last election.

gwales:
The Era of cluelesness is over

Yes ooo.

DropShot:
Kudos to FG.

I am sure when these projects get completed and commissioned by this govt, wailing zombies will disturb us with "the projects were started by Ineffectual Buffoon and PMB is only taking his glory" among other gibberish they usually spew.

And when they were asked to name a single project started and completed by the IB in more than five years, not a single one they could mention.

Those IB's years are best erased from our history.

Another avenue of making money for any reasonable government.

LabiaMajoraDest:
Blame it on the gworo chewing dullard...

Can you read?

millionaireman:
President Buhari, create wealth with what you found when you became president and with what you find now.

That's the test of good leadership, not going to scavenge in past, where you are most likely to come out with nothing.

Take Buhari for example, how can we dig out what Buhari has illegally taken from Nigeria since he joined the army?

Obama became president after the worst recession in America's recent history. But Obama based on what he found in US Treasury and soil and repositioned the US Economy for better.

You don't know what you are saying, debt from 17 trillion to 19 trillion dollar. This is a country that just print dollar for the world to spend.

brainpulse:
Thank God. All the years the caterpillar (PDP) and canker worms (Goatlock E. J) had stolen been restored by Buhari Olujoseph.

What is d meaning, I check dictionary for d meaning. "Goatlock" or you mean one and only GEJ.

4Play:
I agree about the diversification point but I think people are overemphasising that. Petroleum is a small part of the economy (less than 20% off the top of my head) and its main values are as a source of government revenue and forex. For the latter, capital inflows, remittances and non-oil exports were additional sources of forex. What the decision to fix the naira at 197 to the USD caused was to reduce capital inflows (what good bringing in money at an artificially inflated level when you can't take it out?) and make non-oil exports less viable.

Re oil's dominance of government revenue, allowing the currency to fall earlier would have lifted some of the burden. All things being equal, a 50% fall in oil price would amount to a 25% fall in government oil revenue if the naira depreciated by 50%. As government spending obligation is largely naira denominated - paying workers salary for instance - depreciation would have cushioned the effect of the oil price fall.

Although, some decisions have been partially reversed - including the fixed exchange regime - there has been a precipitous loss of confidence in the economy which might take time to rebuild.

In summary, this government's actions and inactions (coupled with decades of policy ineptitude, including GEJ's government) have made a perfectly manageable situation into a full blown crisis. We need to hold these people accountable as it us who suffer for their inadequacies.

My problem with PDP is importing petroleum products an essential commodities for 16 year's instead of building a refinery to refine locally and save the forex.

If dollar spend on importing fuel can be inject back into our economy, dollar scarcity will disappear.

weyabcom:
Wen u won wit innocent nd coppers blood nd u expect things to work fine... Buhari must be disgrace... Must happen

Yes ooo , like Jonathan I have no shoes.

Buhari Nigeria deserve modern helicopters MI35 and SU 27/30 for air surveillance.

searchiing4love:
In my opinion, Fayose was wrong to enact such laws in the first place. The fulanis have the right to live and work in ekiti just like every other Nigerian. Why ban their business of cattle rearing when they have no other means? Why criminalize the fulanis as if all fulanis are killers? There are bad eggs amongst every tribe, why do we make it look like violence is exclusive to northerners only. The people we should frown at are cattle rustlers who steals cattle from fulanis and use them as disguise for their evil deeds. The fulanis are peaceful people who go about their business in peace and we all know they control their herds of cattle with mere sticks. Even though we call them primitive, how many southerner can rear cattle for national consumption like the fulanis? Without them how do we see beef to consume? The rustlers are armed terrorist escaping from the north east to the south. What fayose should have done is to forbid any herdsmen from moving around with weapons, not banning cattle rearing completely. If all states cooperated with the FG on creation of grazing reserves throughout the country, there will not be a single cattle left on the streets looking for grass. Instead we chastised president Buhari's brilliant policy in the name of islamization. The ripple effects are the incessant attacks by the rustlers. The grazing bill remains the best and safest option. Not unnecessary bans

If Yoruba kill Yoruba is normal, Ibo kill Ibo normal too or Hausa kill an Hausa man no problem but let Yoruba kill Ibo or Ibo kill Hausa or Hausa man kill a Yoruba man. Or Muslim kill a Christian or Christian kill a Muslim. Our journalist will write write write.

Tribe and religion is our problem.

Progressive01:
Avoid ke!! Are you kidding me?? They'd swarm the in here and start screaming any of the following like robots:

1. Lagos-Ibadan expressway journalism.

2. APC government and lies.

3. Failed government trying to distract Nigerians from the state of the economy.

4. Who takes TheNation newspaper seriously?

5. When will Aishaliburton be probed?

6. EFCC is a disgrace.

7. And the blame game continues.

8. Jonathan is no longer the president- leave him alone!

9. The most useless of them with nothing upstairs would simply come in and scream "Buhari is a ddullard!!"

These would be their defence over the damning report, which isn't the first and neither would it be the last, of the last administration. There was so much money Jonathan was simply living the life only the Sheikhs in UAE can dream of. This and many more were how the monies were blown, reason why we couldn't shore up our forex reserves in an era when the country witnessed such unprecedented inflow of revenue.

So damn unfortunate having that man not fit to be a Local Government Chairman, become the president of an intricate establishment such as Nigeria. Pity.

Very funny.

helpsystem:
Very soon we go hear naira to appreciate if APC or PDP is voted in. Good people useless leaders

Naira will appreciate if we stop importing fuel that is consuming our little forex.

omolami:
People like masari are the ones causing disaffection in the country. He should have amed his evidence to support this unintelligent claim

Unintelligent!!, you or him.
Please google crude oil price for the last 16 years and ask where are the project that consume your 13% to your state governor's and NNDC allocation too.

johnjose68:
Oh God!!!This Masari Has Called The Bluff Of The Niger Delta Scanvengers!!!And May Be The IPOD[B?].

They Will Come With Their Defense Of The Ineffectual Buffon Now Despite The Fact That He Has Put their Future Into His Pocket

Their general language is "stealing is not corruption".

johnjose68:
Oh God!!!This Masari Has Called The Bluff Of The Niger Delta Scanvengers!!!And May Be The IPOD[B?].

They Will Come With Their Defense Of The Ineffectual Buffon Now Despite The Fact That He Has Put their Future Into His Pocket

Their general language is " stealing is not corruption".

omolami:
People like masari are the ones causing disaffection in the country. He should have amed his evidence to support this unintelligent claim

Unintelligent!!, you or him.
Please google crude oil price for the last 16 years and ask where are the project that consume your 13% to your state governor's and NNDC allocation too.

mailmitch:
I blame buhari and d so called APC govt. I'd only d presidnt dey listen all ths looming problems wuld hve bin averted. B rest assured tht ths has d hand writings of international powers backing all these guys(militants). Heed advice u no gree hear word nd now am very sure d innocent pple thre will bear d brunt . Ths is jst a failed govt. Buhari u had bettr step dwn before u spoil ths con3 pass as e dey so. Rubbish

I blame Buhari because is too slow.