₦airaland Forum

lakesider:
As a sensible person ... It makes sense to do a little bit of investigation before making comment like this

Are Nigerians the most stupid people on the planet.

Not many Nigerians. Only a few but very loud wailers.

Powerexpert:
It used to be a sawmill with the railway terminus extension. That being said, it was built with public funds, so there is no need for politicizing what the tax payers money altogether with borrowed funds are doing.

How come PDP could not use the same public fund to do something as nice as the park when they were in power in the state?

Lordave:
Now you're getting emotional . I don't mean to harm you I'm just here to help you overcome your codeine induced Zombeism cum predicament.

Look at those guys over there, Buhariguy and Madridguy, they're the ones who misled you, please try not to associate with their kind again if you get well.

Sicko.. Continue in your delusion.

Lordave:
I know you're battling withdrawal symptoms now and that's why you've been yarning incoherent bùllshit all night in support of your dullard god aka 'Chinakwe's Dog'.

Let me help you by introducing you to coconut water, ask Sarrki and Omenka of its effect and thank me for delivering you.

You need that deliverance from the evil spirit that is tormenting your life..Hopeless pig.

Lordave:
Just as Christ died for the world, Codeine was banned because of you. It was banned so you won't continue living in Zombeism!

You self identify. You consume codeine and it has turned you into a zombie..

Lordave:
Shat of your kwarrapt stinking mouth!

Dan banza kawai!

You are already taking codeine this early morning..

Projects initiated by OBJ were abandoned by Yar Adua /GEJ due to their short sightedness. Those are people from the same party o...

N24b office complex: Magu shocked me, says ex-EFCC chair Waziri


Posted By: Yusuf Alli On: May 6, 2018



A former Chairman of the Economic and Financial Crimes Commission (EFCC), Mrs. Farida Waziri, has expressed joy at the completion of the N24billion office of the commission in Abuja.

Waziri who initiated the project during her tenure said yesterday that she was pleasantly shocked by the ability of the acting chairman of the anti-graft agency, Mr. Ibrahim Magu to bring the plan to fruition.

Magu, according to her, has shown example of why continuity is necessary in governance in Nigeria.

Speaking during a visit to the 10-storey complex, Mrs. Waziri said: “My first reaction was that of shock and excitement.



“Shock, because when we went to lay the foundation stone, it was total bush that was there. There was no single building in that area and we had a lot of canopies. This edifice standing is so beautiful.

“I have not been to Trump Tower but it looks like Trump Tower to me.

“Somebody asked me: Is that EFCC headquarters? He said he thought it was an oil company and I said no, it is EFCC headquarters.

“So I was so happy and I felt so proud that I thought about the project. And also I didn’t just think about it but I took positive steps to initiate it.”

Waziri said if successive administrations in the country could embrace continuity like President Muhammadu Buhari’s government has done, Nigeria would be better off.

She added: “I had the vision and I will say Magu actualized it and that is how it should be in a country like Nigeria. There should be continuity in government. It should not be that when someone starts something, you come in and because you didn’t start it, you trample on it and say it is not good enough.



“It is happening every day in our life and in this country especially at state levels. A governor comes up with a project, another will dismantle it.”

The EFCC on Thursday had a test-run management meeting at the complex ahead of its inauguration by President Buhari.

Waziri initiated the project as a result of congestion at the present headquarters of the agency in Wuse II, Abuja.

Following a memo presented by a former Secretary to the Government of the Federation, Mr. Yayale Ahmed, the Federal Executive Council (FEC) on November 24, 2010 approved N18b for the construction of the new 10-Storey building to house the Headquarters of the EFCC.

It was gathered that a poor timeline for the release of funds delayed the completion of the project leading to a variation of the contract sum by the construction giant, Julius Berger Plc.

Speaking with our correspondent, EFCC Acting Chairman, Magu said he was “excited that the new headquarters is ready for use.”

He added: “The Federal Government has spent over N24billion to build. But I will later crosscheck to give you the exact figure.

“I thank Mr. President for according this project a priority. It is part of his commitment to the anti-graft war. This is a legacy project which many generations will be proud of.


“No leader in Africa has provided a conducive environment for an anti-corruption agency like President Buhari has done.
“We have also received support from ministers and all MDAs on release of funds and putting necessary infrastructure in place. “This commission is grateful to the National Assembly for their interest in the project. Many of these leaders including Speaker Yakubu Dogara, the Deputy Senate President, Dr. Ike Ekweremadu, the chairmen and members of all the committees on anti-corruption had always visited the site to monitor the progress of work. It shows that if we are determined, we can all be on the same page in this war against corruption. It is not a personal thing at all.”

http://thenationonlineng.net/n24b-office-complex-magu-shocked-me-says-ex-efcc-chair-waziri/

madridguy:
Mr liar please stop spamming me

Don't mind that troll..

Wailers are missing their looting days...

mapet:
See how you just let out ignorance like fhart...... which investor first goes to deposit his investment with "Central Bank of Nigeria"?

Their hatred for Buhari has damaged their thinking faculty..

Even with all the money and properties that they are seizing from looters like your wife? GEJ is a shameless thief.

rusher14:
Agreed but it is sometimes frustrating.

Bro, Nigeria is marching forward. Who no know, go know. Forward ever, backward never..
Let the wailers wail, their existence depends on it. If they dont wail, they will die.

Thank God they are in the minority and the census, sorry the election of February 2019 will confirm how insignificant the wailers/3rd force/PDP.g/Looters and their supporters are..

rusher14:
Personally, I think he was poisoned.
Looked like he had a debilitating condition and usually, at his age, one scarcely recovers.

With a poison however it could be easier.

Away from all that, it saddens me how Nigerians can vilify him when the obvious devils are giving a bye.

Example - Budget for 2018 still not passed despite being in the hands of the National Assembly since November 2017.

It amazes me how the likes of FFK who has never held a job before outside of government, who hasn't worked since 2015 can still afford a life of splendour yet having supporters.

It amazes me how in 2014 PDP was trying to prevent INEC from using the PVC to conduct elections yet they have supporters.

How Fayose and Jonathan prevented members of the opposition from monitoring elections in Ekiti. They were turned back at the limits of the state.

It amazes me how despite the voice recordings, the confession of accomplices in Ekitigate, the money trail, Fayose can still have supporters.

How can people wish for their country to be like the advanced nation yet support Patience Jonathan having 15 million dollars in a single account?

Naija people deserve suffer.

No bro, I dont think Nigerians deserve to suffer. Yes, the minority looters cum wailers deserve to suffer. Many Nigerians are victims of the circumstances . Sometimes , they ignorantly follow the minority loud wailers in wailing, but they are just victims.

Despite all the social media noise, you know very well that majority of Nigerians are solidly behind Buhari. They know the people like FFK, and GEJ who almost bankrupted the nation and they know that they can never be on the same page with them...

Dino: Iro o.Ifna play make una stop am o.
Will Saraki now move in with me at the prison or what? The man don leave me to my faith o. IPOB, egba mi o.

rusher14:
Thank God for Buhari.

Yes o my brother. Thank God. The way Buhari recovered from his illness between 2016/17, I know that God indeed wanted to use him to strengthen and build Nigeria.
It can only be God.

How come the daughter come get some resemblance with FFK like this?..

Another good news for those who wish Nigeria well and are going to partake in the goodness..

Why cereal maker Kellogg plans to invest $420m in Nigeria


Kellogg Co topped Wall Street forecasts for first-quarter profit and sales on Thursday.

By Reuters - May 3, 20180
(Reuters) – Fruit Loops cereal maker Kellogg Co topped Wall Street forecasts for first-quarter profit and sales on Thursday, boosted by stronger sales of snacks including Pringles chips and protein bars.

Though Kellogg has lowered the sugar content in many of its popular cereals to win back health-conscious customers, much of the Battle Creek, Michigan-based food company’s business today is driven by sales of snacks such as Pringles chips and RXBARs.

Highlighting the falling demand for cereal in the United States, Kellogg on Thursday also announced a $420 million investment in Nigeria’s Tolaram Africa Foods, its distributing partner in Africa, which makes noodles in addition to cereal.



It is the latest in a handful of deals Kellogg has sealed in the past few years to diversify its business, including the acquisitions of protein bar brand RXBAR and Brazilian snacks group Parati.

The company did not disclose additional financial terms of the Tolaram investment.

“Cereal consumption remained soft, though the company made progress toward stabilizing the key health and wellness brands, including Special K,” Kellogg said in its earnings statement.

Kellogg’s sales rose 5 percent in the first three months of the year, the third consecutive quarterly increase, as shoppers also bought more Eggo waffles and veggie patties in addition to snacks.

Overall sales of $3.40 billion topped analysts’ expectations of $3.30 billion, according to Thomson Reuters I/B/E/S.

Kellogg said it expects net sales to rise between 3 percent and 4 percent in 2018 on a constant currency basis. The forecast includes gains from the Tolaram investment and translates to sales of $13.31 billion to $13.44 billion.

Kellogg’s net income rose to $444 million in the first quarter of 2018 from $266 million a year earlier.

Excluding one-time items, Kellogg earned $1.23 per share, handily beating expectations of $1.08.

Kellogg’s stock rose 3 percent to $58.47 on Thursday morning.

Reporting by Nivedita Balu in Bengaluru; Editing by Sai Sachin

https://www.cnbcafrica.com/news/west-africa/2018/05/03/cereal-maker-kellogg-plans-invest-420m-nigeria/

FLYFIRE:
Ok so this is what is worth commissioning by this bastards in power today. If I must tell you the Dome is a club house & just had a face lift. Ndiara...commissioning busstops & T-junctions. IDIOTS INDEED

Govt provides the enabling environment for private companies to invest and employ jobless youths. If the table has been turned and the company is folding up, Im sure you will find a way to blame the Govt. Learn to appreciate good things.. You are wasting your time calling them bastards etc. They forge on, notwithstanding your bitterness.

Here is another opic for you to wail on..

Good news for Nigerian businesses as CBN signs $2.5bn swap deal with China

https://www.nairaland.com/4485707/good-news-nigerian-businesses-cbn

Omololu2121:
I thought it was commission during the tenure of obj

Like the second Niger bridge, everything was commissioned on paper during OBJ/GEJ tenure. Reality is different from gimmicks..

cola:
Finally!
After two long years of expectations.

These things really can take time to happen sha.
People count in days days and weeks...
Govt's count in quarters and years

In your mind, it has taken a hundred weeks, waiting for a new development week in week out.
In their mind (govt.), it has taken only 8 quarters.

Lesson: the mill of govt, like justice, grinds slowly, sometimes annoyingly and unjustifiably slowly.

The end justify the means.. Nigeria has wasted too many years with past unserious Government. Now to wait for a good Government to deliver the good work is hard for them. Nigeria seems to have lost their patience and trust. But some of us can see beyond the immediate gain.Hence our support for this purposeful and serious Government. It takes time to cook better soup

Good news for Nigerian businesses as CBN signs $2.5bn swap deal with China


Nigerians doing business with China will no longer have to worry too much about sourcing for dollars.

This is a highlight of the execution of a bilateral currency swap agreement between the Central Bank of Nigeria (CBN) and the Peoples Bank of China (PBoC) on Friday.

In the agreement signed by Godwin Emefiele, the CBN governor, and Yi Gang, PBoC governor, the currency swap deal is valued at Renminbi (RMB) 16 billion (about $2.5bn).

The deal, which has taken two years of negotiation, will provide the Chinese and Nigerian currencies directly to industrialists and other businesses from both countries.

This will reduce the difficulties encountered in the search for third currencies, according to Isaac Okorafor, the CBN spokesman, in a statement shared with TheCable.

“Among other benefits, this agreement will provide naira liquidity to Chinese businesses and provide RMB liquidity to Nigerian businesses respectively, thereby improving the speed, convenience and volume of transactions between the two countries,” he said.

“It will also assist both countries in their foreign exchange reserves management, enhance financial stability and promotebroader economic cooperation between the two countries.”


Emefiele and Yi at the signing of the agreement

He said it will be easier for most Nigerian manufacturers, especially SMEs and cottage industries in manufacturing and export businesses, to import raw materials, spare-parts and simple machinery to undertake their businesses by taking advantage of available RMB liquidity from Nigerian banks without being exposed to the difficulties of seeking other scare foreign currencies.

Okorafor added: “The deal, which is purely an exchange of currencies, will also make it easier for Chinese manufacturers seeking to buy raw materials from Nigeria to obtain enough naira from banks in China to pay for their imports from Nigeria. Indeed, the deal will protect Nigerian business people from the harsh effects of third currency fluctuations.”

Nigeria is the third African country to have such an agreement in place with China.

https://www.thecable.ng/.WurcE5Es-cg.twitter

Something for the wailers to chew on for now. Hahahaha

Please look for a way to blame Buhari for this one. Don't let this opportunity slip by...

All in the interest of protecting Nigerian youth. Buhari means well.

Making it 16,000 since Buhari became the President . Likely the highest number of police recruits by any administration so far.

Things may not be easy yet, but Buhari is laying the foundation for a better tomorrow.

Too much science experiments going on...

.

Donald Trump meeting with Lamidi Cownu

Somebody call 911..