₦airaland Forum

Ajimobi, Amaechi, Ganduje, Abubakar in private meeting in Ibadan

Posted By: Yinka Adeniran, Ibadan On: February 7, 2018

The governor of Oyo State, Senator Abiola Ajimobi is presently playing host to his counterparts from Jigawa and Kano State, Governor Badaru Abubakar and Governor Umar Ganduje respectively as well as the Minister of Transport, Rotimi Amaechi and the APC national secretary, Alhaji Mai Mala Buni.
Ajimobi and his visitors, as at the time of filling this report are still in the Oyo State Government House, Ibadan where they were having a private meeting.
Although the issues being discussed were not made known to the journalist, feelers have it that the private meeting had to do with the sundry issues within the party and the recent incursion of herdsmen across the country.
Ajimobi was overheard while welcoming the visitor commending the Governor Ganduje on his initiative of addressing the cattle ranching issue that has been causing serious misunderstanding between farmers and herdsmen across the country.


None of the visitors addressed the press nor answered any question when approached by journalists.

The visitors who stormed the Agodi Governor’s Office at about 6: 40 pm, was initially received by the governor himself in his private office before leaving for the government house House in their convoy of vehicles, where the private meeting is holding.


Journalists who had stormed the governors private office where visitors were usually hosted, expecting to be briefed and address on the mission of the visitors were jolted and disappointed when on the entry of the governor to the private office, were told to excuse the group, with Governor Ajimobi emphasizing that the visit is a private visit.
As at the time of filing the report, no report, no news has been released on the visit by the visitor who was also gathered that would be on their way to Lagos immediately after the private meeting.

http://thenationonlineng.net/ajimobi-amaechi-ganduje-abubakar-private-meeting-ibadan/

FEC okays $2.5 billion external borrowing for refinancing

Posted By: Augustine Ehikioya, Abuja On: February 7, 2018

The Federal Executive Council (FEC) on Wednesday approved USD2.5 billion Eurobond external borrowing for refinancing.

The Minister of Finance, Kemi Adeosun, disclosed this to State House correspondents at the end of FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja.

On the potential savings on the proposed USD2.5 billion refinancing, she said that the estimated proceeds of N762.5 billion will be used to redeem Nigerian Treasury Bills (NTB).

She said “At estimated current NTB rates of 15% (following mop-up operations by the CBN), the savings from the refinancing of N762.5 billion of Domestic Debt using external capital raising is about N64 billion per annum.”



On the impact of the use of the proceeds of the USD500 million issued in November 2017, she said “The proceeds about N162.50 billion were used to redeem NTBs which matured in December 2017.

“The immediate impact was a significant drop in the Bid Rates at the Auctions of both NTBs and FGN Bonds. In December 2017 and January 2018:

“NTBs dropped from about 16% to 13%. FGN Bonds dropped from about 16-16.50% to 13.50%

“This translates to savings for Government on new borrowing while also making the cost of borrowing for the real sector cheaper since the sovereign rate serves as a benchmark for other borrowers,” she added.

http://thenationonlineng.net/fec-okays-2-5-billion-external-borrowing-refinancing-2/

Corruption is a bad disease. See them all falling sick after being caught.

The accident actually happened under their Ineffectual Buffoon Hero (IBH).

Military Destroys Boko Haram Bomb Factory, Kills Several Terrorists
Channels Television
Updated February 7, 2018

Military Destroys Boko Haram Bomb Factory, Kills Several Terrorists


The Nigerian Military has destroyed a Boko Haram Improvised Explosive Device (IED) making-factory while several terrorists were killed in the process.

The Deputy Director of Public Relations at the Theatre Command of Operation Lafiya Dole, Colonel Onyema Nwachukwu, disclosed this in a statement signed by him on Wednesday.

According to him, the soldiers recorded the feat on Tuesday as part of earlier successes made in the conduct of Operation DEEP PUNCH II in the last four weeks.

Colonel Nwachukwu noted that the offensive and clearance operation has led to severe depletion of the terrorists and destruction of several of their enclaves in the fringes of Lake Chad and the Sambisa forest in Borno State.

In the course of the operation, the troops, closely supported by the Nigerian Air Force further exploited deep into the far ends of Camp Zairo and aggressively carried out an offensive against insurgents defending a major IED making factory.

The gallant soldiers successfully engaged the terrorists, demobilised their vehicle-borne IEDs and killed quite a number of them, as well as captured the IED making factory.

Similarly, they recovered 88 gas cylinders, one laptop computer, and one 100m ultra high-frequency hand-held radio (UHF HH Radio).

Other items recovered include one Motorola GP 180, theodolite and two Global Positioning Systems (GPS), while the troops destroyed 22 motorcycles, 18 bicycles and provisions store.

The Theatre Command spokesman noted that buoyed by the unprecedented success, the soldiers’ morale remains high as they are unrelenting in ensuring the imminent and total clearance of the remaining Boko Haram terrorists.

https://www.channelstv.com/2018/02/07/military-destroys-boko-haram-bomb-factory-kills-several-terrorists/?

maestroferddi:
Your stupidity and ignorance can sink an ocean liner.

Buhari to win in the South East?

What have you been sniffing/smoking?

What difference does it make if Buhari lose in SE and wins in the remaining five regions? He will still be President till 2023. Better adjust to your new reality instead of playing politics of blackmail and hatred upandan.

Count your blessings, name them one by one and it will surprise you what the lord has done.

Sai Ayade.
Sai Buhari!

Obi4gboy:
My brother, I work 14 hours a day, 6 days a week for security, 5 days a week for lot attendant. My sixth day is over time pay. Trust me when I tell you before tax and my bills, my pay from both jobs is 6300 Canadian dollars a month. After tax and my bills, I have just over 4000 dollars. Canadian dollars to naira is 282 to 1 naira. I worked in Shell for 5 years as contract staff, nothing much to show. In less than 2 years in Canada ,
I am already building an event center in Owerri. Trust me, if you are hard working, you will Excel here. And also, I am doing this even as a masters degree holder.

Obi, you are most likely right. That is why I was able to project your earning to $72k per year, because I understand how the system works. But you are putting in a lot of hours every week, which may also affect the quality of life. Don't get me wrong o, there is dignity in labour and again hard work is not likely to kill.
It depends on where you have your Masters, you may also get a supervisory, technical or management job with it. Some Nigerians also goes for training in other fields like Nursing etc.
God bless your hustle.

Obi4gboy:
...

Obi, which kind security work and lot attendant you dey do, wey dey give you $3,500 / month after tax and bills? You sure say your bills include payment for accommodation and car? $72k per year doing security work?

EgunMogaji:
Not true.

Like I said, it depends on location.

As no one has a god given right to live at Lekki phase 1, no one has a god given right to live in Bervely Hills.

Egunmogaji, which kind accommodation you want arrange for $6k per year and for which ghetto?
Moreso, even @ $6k per year accommodation, about 25% of the guys income is gone with accommodation. Before you want come add utility bill join, cell phone, food and transportation join, plus healthcare premium etc. The guy will be struggling to make ends meet. Maybe food bank / food stamp will come to his rescue..

Sai Buhari!
Sai Baba!!

EgunMogaji:
Depending on the area it could be as low as $6,000

That one na one room shared accomodation..equivalent of "face me I slap you' for naija

Buhari signs executive order to prevent foreigners from getting jobs Nigerians can do


February 5, 2018


President Muhammadu Buhari on Monday in Abuja signed Executive Order 5, to improve local content in public procurement with science, engineering and technology components.

The Executive Order is expected to promote the application of science, technology and innovation towards achieving the nation’s development goals across all sectors of the economy.


The president, pursuant to the authority vested in him by the constitution, ordered that all ‘‘procuring authorities shall give preference to Nigerian companies and firms in the award of contracts, in line with the Public Procurement Act 2007.’’


The Executive Order also prohibits the Ministry of Interior from giving visas to foreign workers whose skills are readily available in Nigeria.

It, however, notes that where expertise is lacking, procuring entities will give preference to foreign companies and firms with a demonstrable and verifiable plan for indigenous development, prior to the award of such contracts.
In the proclamation entitled ‘‘Presidential executive order 5 for planning and execution of projects, promotion of Nigerian content in contracts and science, engineering and technology,’’ the president also directed Ministries, Departments and Agencies to engage indigenous professionals in the planning, design and execution of national security projects.
It adds that ‘‘consideration shall only be given to a foreign professional, where it is certified by the appropriate authority that such expertise is not available in Nigeria.’’

https://www.premiumtimesng.com/news/top-news/257642-buhari-signs-executive-order-prevent-foreigners-getting-jobs-nigerians-can.html

jamael:
Well done sir. When you are giving a report to the National Assembly, it should be concise and have the details. This one by Magu lacked it. Infact, when he was making the report on NTA, he didn't even mention the currency for one of his statements.

And yes, I don't read newspapers. I get my information online. How about you sir?

I read newspapers and online version too. If one has been following the events since 2015, it is not hard to know whom money has been recovered from and how much is recovered. Majority of the recovery are done through court judgement (temporary and permanent forfeiture) and the rest are publicized like the Ikoyi recovery, subsidy from marketers, Diziani, etc..

MIKOLOWISKA:
guy wan go jail for assault
see he hasn't learnt much


yet does nothing about it yet blaming same on politicians who are only copying you

how i wish they will pack oyinbo ppl to ojuelegba and come back in 10 years the lazy beings that ran away will start claiming indigene ancestral land


you failed at 46


security guards don't live like human beings
forget all these pictures ppl are taking upandan


that cannot solve problems in nigeria


very local champions if you have to do security to survive


instumentalists or backup vocalist


unintelligent to gather meaningless unapplicable papers
what need of plumber if it's carpenter market needs


gardening puts food on table in nigeria too



dreamer
why should they step aside


who donald duke(failed tinapa gbese) or fela epp(big big grammar that hasn't industralised his village let alone nigeria)



laziness

plenty hope for those that know


does this guy know he is a mini leader?


1 talent
2 talent
5 talent
god will take the 1 talent from the lazy 99% and add to the billions of talents of the 1%
keep dreaming
bible say from him who has little shall be taken from him and addedd to he with plenty
keep praying prayrer that has never worked in human history



be like say you like to be anally raped
jail go be him portion for assault

The guy is frustrated. Has he not seen Doctors, Engineers and Teachers of Nigeria origin in the US?

jamael:
These people are seriously playing on our intelligence.

What Nigerians need are:

1. Who did you recover the money from? We want names of individuals and their portfolios not just random figures

2. If they were public figures, what has been done to them. Have they been charged to court or prosecuted?

3. What has the money been used for?

For me, that's (No. 3) the most important question. Corrupt men took money that was meant for a purpose. If the so-called money is recovered, has it been used for the purpose it was originally meant for?

EFCC is a tool used to victimize corrupt members of the opposition.

Let 2019 do and come abeg.

You no dey read newspaper?
Why do you think they brought Olisah Metuh to court today on stretchers?

All the recovery from Mama Piece, late mother's company and Dieziani that is down with cancer in london, you think say the money no dey add up?

-Failure in promotion exam no work
-Dual citizenship no work
-Not attaining Director Position no work

Now, the latest is that he was indicted for sexually exploiting a Sieria leonean woman

SalamRushdie:
This one na dusty yarns .Buhari must go

To replace him with those who looted Nigeria dry?
It is not going to happen.

View Nigeria's Gross Federation Account Revenue: Oil from Mar 2005 to Mar 2017 in the chart:

seguno2:
Including Buhari
Did he not steal billions from the Aso Rock clinic whose budget is more than all Teaching hospitals combined?
Yet the clinic has no paracetamol

If you are dragged to a court now, I wonder which evidence you will present to a Judge..

Jochabed:
We are yet to see the positive effect of the Money,so am not pleased.

There is a time lag between looting and when you feel the pain. There is also a time lag between Govt investment in infrastructure and when the projects are completed for you to enjoy.


https://www.ceicdata.com/en/nigeria/government-revenue-and-expenditure/gross-federation-account-revenue-oil

With the fall in Nigeria revenue since 2014, Nigeria Govt has two option, either borrow to pay salary like PDP was doing or lay off workers. They did not take any of these route, because recovered loot is helping Govt to meet its obligation.
Capital projects are ongoing etc..

EFCC Recovered N511.9bn In 2017, Magu Tells Reps

Channels Television
Updated February 5, 2018


The Economic and Financial Crimes Commission (EFCC) recovered about N511.9 billion in 2017, information provided to the House of Representatives by the Acting Chairman of the EFCC showed.

Mr Ibrahim Magu, who appeared before the House Committee on Financial Crimes on Monday to defend the performance of the anti-graft agency’s budget for 2017 and its budget for 2018, told the committee that the funds were recovered in naira, pounds, dollars, euro, South African rand and dirham.

During the period, the agency recovered 473.065 billion naira, $89,258,124.97 (N35,415,846,317.29), £294,851.82 (N148,727,302.71), €7,247,363.75 (N3,246,336,430.27), 443,400 dirhams (N43,550,800.21), and 70,500.00 South African rand (N2,111,974.41).

Magu listed the achievements of the EFCC during the year to include the recovery of N329 billion from petroleum marketers by the commission’s Kano Office, securing the final forfeiture of N32billion and $5million to the Federal Government from the former minister of petroleum resources, as well as final forfeiture to the FG of N449 million discovered at Legico Plaza on Victoria Island, Lagos.

Other achievements are: the final forfeiture of over $43million discovered in an apartment at Osborne Towers in Ikoyi, Lagos; withholding tax recovery of over N27.7 billion from banks; Nigerian Ports Authority recovery of over €6.6 million, recovery of N1.1 billion naira on behalf of AMCON, and the recovery of subsidy fraud funds of over N4 billion.

Mr Magu told the committee that in carrying out its activities during the year, the commission faced some challenges.

“A major challenge in the implementation of the capital estimates is the late and insufficient release of funds appropriated,” he said.

“Presently, funds have not been released for the furnishing of the new head office complex expected to be handed over by March 2018. We need the committee’s intervention in that regard.”

(The following exchange rates were used for conversion in this story: 1 AED = 98.2201 NGN, 1 ZAR = 29.9571 NGN, 1 EUR = 447.933 NGN, 1 USD = 360.914 NGN, 1 GBP = 505.471 NGN)

https://www.channelstv.com/2018/02/05/efcc-recovered-n511-9bn-2017-magu-tells-reps/?

Court Orders Final Forfeiture Of £578,080 Stolen From NIMASA
Channels Television
Updated February 5, 2018


A Federal High Court sitting in Lagos has ordered the final forfeiture of the sum of £578,080.00 to the Federal Government of Nigeria.

Justice Saliu Saidu who made the order of final forfeiture held that the Economic and Financial Crimes Commission (EFCC) had shown that the funds were proceeds of unlawful activity.

The EFCC had in December 2017 approached the court through an exparte application argued by it’s counsel, Rotimi Oyedepo.

The court had granted an interim forfeiture of the funds after Mr Oyedepo testified that the money sought to be forfeited is reasonably suspected to be proceeds of unlawful activities of a maritime firm, ZAL Marine Limited.

The EFCC counsel also alleged that the sum was stolen by the maritime firm through some employees of the Nigeria Maritime Administration and Safety Agency (NIMASA).

The EFCC specifically mentioned a Macfoy Irene who was said to have used her position as an Assistant Director and Head of Nigerian Seafarers Development Program to facilitate the fraudulent transfer of the sum of £1,074,600.00 from NIMASA’s Zenith Bank (UK) Account to an offshore account belonging to Swiss Bulk carriers S.A under the false Pretenses of training 54 Nautical Science and Marine Engineering Students on Sea Training on 16th March, 2013.

The money was said to have been transferred from NIMASA’s Accounts without any parastatal or Ministerial Tender Board Approval or Contract.

ZAL Marine Limited then allegedly received and retained the sum of £578,080.00 out of the transfer made to Swiss Bulk Carriers, S.A.

https://www.channelstv.com/2018/02/05/court-orders-final-forfeiture-of-578080-stolen-from-nimasa/?

Oga Bubu, na you biko..

Seriously, looters are not finding Buhari's Govt funny anymore..

antiflathead:
the usual pigdiot bleaching cownu ranting,with all the hype and chestbeating,where is he now..the same fate awaits you,even the coward OJUKWU that sacrifices 3m useless FLAT.head lives has asked for forgiveness,then who are u?

the sooner flat.heads know they are 3rd class citizen,who don't have a say in Nigeria's affair the better

lol

Hahahahahaha

Hehehehehe

nex:
This is nothing new. President Hosni Mubarak was in court on a stretcher and also in a cage and was still sentenced.

The truth is that this drama is more a fault of EFCC than anyone else. They have allowed all these corruption cases to linger for so longer without being able to convict any of the major players in the last administration.

EFCC is happy seeing him like this, because when they finally lose the case, they have another excuse to add to their list. If they had gotten a conviction in 2015, will Olisa Metuh have had a chance of acting this drama co-produced by EFCC?!

Why are you writing as if EFCC is the court of law? For your information, EFCC can only drag accused to the court. How long the case will take and eventual sentencing will depend on the court and the Judge.
Knowledge is key in everything we do.

Na lie. The Chief of Naval staff is from the South. There are at least 2 Southerners on the Buhari security head, excluding the NIA that was until recently a Southerner . So with all the noise, the South has only 4 Southerners under the Innefectual Buffoon.

Babangida Distances Self From Statement Issued By Spokesperson

Channels Television

Updated February 4, 2018

Former Military President, General Ibrahim Babangida has distanced himself from a statement credited to him and signed by his media aide, Mr Kassim Afegbua.

Babaginda in his rebuttal said the views expressed in the statement are not his views but that of the writer.

In the statement personally signed General Babangida, he said as former President and statesman, he has an unfettered channel of communication with the highest authorities without sensational public correspondence.

He, however, expressed worries over the current political events and civil unrest in many parts of the country, which he said have raised many questions on the governance and unity of Nigeria.

Read Full Statement personally signed by General Babangida below:

It has been drawn to my attention a press statement on the State of the nation, particularly 2019 general elections and beyond.

Let me categorically state that as former President and Statesman, I have an unfettered channel of communication with the highest authorities without sensational public correspondence, therefore those views expressed over there are personal views of the writer.

However, with due respect to individual opinion and constitutional rights, it is worrisome that Political events and civil unrest in many part of the country, has raised many questions on the governance and unity. Indeed 2018 is inundated with seasons of literatures on the corporate existence of this country. Many of such literatures have shown concerns of the corporate existence of Nigeria beyond 2019 general elections.

It will be recalled, that in my message to this year’s Armed Forces Remembrance Day, I specifically expressed the dire need for proactive measures to stop farmers/herders clashes in the middle belt, Cattle rustling, armed robbery, Kidnapping, gangsterism and Cultism. Our security agencies have to step up surveillance with more efforts on intelligence gathering for maximum success.

Recent happenings and utterances by political gladiators is alarming and not in the interest of common man that is already overstretched and apparently living from hand to mouth due to precarious economic conditions. Despite all these challenges, I am optimistic that the political actors will play within the ambits of political norms and decorum to ameliorate the problems facing our society now.

I am a realist that believes in all issues in a democratic atmosphere are sincerely discussed and resolved in the spirit of give and take. Since after my military years that metamorphosed to the only Military President in the history of Nigeria and my civilian life, I always have one clear objective that freedom can only be achieved through democracy. Some people find this freedom as an avenue for eroding democracy by antics of hate speeches under the guise of religion, tribal or self imposed mentorship. This trend of pitching political class and the people is unhealthy and skewed.

The clamour for re-alignment of governance in the country as we are approaching 2019 election year is a welcome development only if the agitations are genuinely channelled through legislation and total supremacy of the constitution. Any attempt outside this circle of democratic tenants is deceptive and divisive idea capable of plunging our political journey into disarray.

Our present political parties and their structures need parameter pillars that will make them more strong with unique ideologies. However, our present political parties need a surgical operation that will fusion them into a reasonable number. I have been an advocate of two-party systems but in our present reality in Nigeria, our political parties can fusion into strong political association/party that can form a formidable opposition to a ruling party.

As students of history, we are aware that many advanced democracies have two distinct ideological political parties, with a handful of smaller political parties that serve as buffer whenever any of the known political parties derailed or became unpopular. I still believe in two-party systems as the best option for Nigeria.

It is high time that we dialogue more on any issue in order to have a political solution on any problem affecting us. It is sad that Nigeria had its fair share of conflicts, and we cannot continue to fall back to those dark years of bloodshed.

As a people, now is the time to come together to address all Communal conflicts and criminality under any guise to further unite the country in line with the vision of our founding fathers so that as a nation, we can forge ahead in the task of building a more prosperous nation.

SIGNED:

GENERAL IBRAHIM BADAMASI BABANGIDA GCFR, FORMER MILITARY PRESIDENT & COMMANDER-IN-CHIEF OF NIGERIAN ARMED FORCES.

1 UPHILL DRIVE, MINNA.

SUNDAY, 04TH FEBRUARY, 2018.