₦airaland Forum

Nice one. Progressive people flocks together....

Let those who have nothing to show for what they collect from Abuja, like the Abia Governor, continue to breed terrorist and circulate hatred among themselves.

Delusions of grandeur...

aminulive:
@POLITICSNGR

Former governor of Jigawa state and presidential aspirant, Sule Lamido has revealed that president Muhammadu Buhari has been dumped by two leading members of the ruling APC, ex-vice president, Atiku Abubakar and former governor of Lagos, Bola Ahmed Tinubu.

According to Lamido, the president is now left with his 'tiny' CPC members having lost the total support of those that brought him to power in 2015. He told Sun;

 “That is my business if they endorse him or if he runs? Buhari came from a very small party called the CPC. Without the influence of the ACN and the governors who left the PDP, there was no way he would have won because he came from a very tiny party. If those who came together to make him what he is, are no longer in the party, then he has my sympathy for failing to understand this. Look here, Buhari is no threat to the PDP.

In PDP, we do not give a damn on whoever the APC presents for 2019 because we are more than two-thirds. We know that as a party, we have made some mistakes and we apologise to Nigerians. If the likes of Tinubu and Atiku feel concerned about what is happening in APC and those who were originally in PDP leave, what will become of him? He would only be left with his tiny CPC, I don’t know how he would do it, but that is his problem, not mine. In any case, the Buhari of today is not the Buhari of 2015.

The Buhari of today is fatigued; he is faced with what you call political party management in a democracy. It is not where you give orders; here, you have to build some consensus. You can see he cannot even relate well with the Senate President of his own party.

So, the Buhari of today is not the Buhari of 2015. Before 2015, he was Buhari the puritanical. Buhari, who they saw as the only man at the helm of 20 million people that Nigerians in the APC were ready to surrender their trust, their reasoning, their honour and everything because they are so lazy. Look at what (Professor Itse) Sagay said about the APC. He said they are all thieves."
SOURCE : POLITICSNGR

See propaganda. Atiku is a political prostitute ee all know that.

DeutschJunge:
We need a new goalie, not before we start the world cup but before the next match which is a friendly.
No hating on the current one, but he is not just good enough to face really good opponents, we need some experience between those sticks.
If this team face countries with sharp strikers we will get beat well, the saving grace was that all the opponents we went against had sloppy strikers.


Just close your eyes and imagine that goalie against, Harry kean, sane, jesus, neymar, aguero, mbbape, lakazzete.. Omo heavy butt whopping..

Inferiority complex.

Good news!

Femi Otedola: I have three (daughters) precious Opekes in my house, do you want to check them Out?
Anthony Joshua: Hmmm, ok, nothing wrong in sampling, lets go there..

More..

This is absurd and rampant in many states all over Nigeria.
Another classical example is the teacher in Edo state that could not read her own document in front of Oshiomole.


https://www.youtube.com/watch?v=6OJDt-8i0Mw

This is absurd and rampant in many states all over Nigeria.
Another classical example is the teacher in Edo state that could not read her own document in front of Oshiomole.


https://www.youtube.com/watch?v=6OJDt-8i0Mw

#Budget2018: ‘Nigerians will be better, happier in 2018’
November 8, 2017

The All Progressives Congress (APC), South-East, says the era of abandoned projects contained in budgets and dashed hope of development is over.

The APC South-East Publicity Secretary, Chief Hycienth Ngwu, stated this in his reaction to the 2018 Budget Presentation by President Muhammadu Buhari on Tuesday in Abuja.

Buhari presented the N8.612 trillion 2018 Appropriation Bill to the joint session of the National Assembly.

Ngwu told the News Agency of Nigeria (NAN) in Enugu on Wednesday that the Federal Government, through the budget presentation, had given assurance of completing all ongoing projects and projects abandoned by past governments.



“There is no gainsaying the fact that Nigerians will be better and happier in 2018, if all stakeholders work in synergy with the Executive arm in seeing to the actualization of the estimates as contained in the 2018 Budget of Consolidation as presented by President Buhari.

“Budget 2018 is a follow up to 2017 budget and aims at consolidating the gains achieved in 2017.

“The expected 2018 expenditure of N8.612 trillion, to be financed by N1.699 trillion as loans, out of which 50 per cent will come as external borrowing, while more than 50 per cent of the balance from the original estimate will be financed through non-oil revenue, is quite a realistic and a welcome development.

“This is a clear testimony that Nigeria has exited a mono-product economy.

“Also, with a pledge to reduce our domestic debt from 79 per cent to 60 per cent and massive injection of about 30.8 per cent of the total funds to finance capital projects, will, in no small measure, lighten the tight liquidity in our economy and make Nigerians happier and better.”

He also noted that the budget pledged to consolidate on the positive impact of the social intervention programme by maintaining N500 billion funding for it in 2018.

According to him, civil servants are equally carried along with a total of N260 billion for their overhead costs.

He further said that with a projected oil price of 45 dollars per barrel and daily oil production at 2.3 million barrels as well as external reserves currently at 34 billion dollars and robust diversification of the economy at an exchange rate of N305 to a dollar, the expected GDP growth of 9 per cent was achievable and sustainable.

He also commended the plan to work on the Enugu-Port-Harcourt, Enugu-Onitsha and other critical roads in the South East as well as the 2nd Niger Bridge just as it is expected that the Enugu coal mines would benefit from the N300 billion Solid Mineral Development Fund.

The APC publicity secretary said that what was required most now was good synergy among major stakeholders.

“Nigeria will be economically stable for the betterment of all people, states and regions of the country.

“Bureaucratic bottlenecks and official competitions should give way for quick service delivery and harmony,’’ he advised.

NAN reports that the proposed budget increased by 16 per cent over the 2017 appropriation of N7.298 trillion.

Buhari said that 30.8 per cent of the budget proposal was as against N3.5 trillion earmarked for recurrent expenditure.

According to him, N2 trillion of the budget has been set aside for debt servicing.

The President said that the size of the 2018 budget was a reflection of his administration’s determination to consolidate and sustain the nation’s economic growth. (NAN)

http://thenationonlineng.net/budget-nigerians-projects-happy/

ipobarecriminals:
potopoto people, fnt catrs.Nah dere lifestyle. .Go to OGBETE market,u go see how human waste mix wit PIGS/COWS Are,

You mean this?


Faeces Litter At Ogbete Market In Enugu

God saves Nigeria from the hands of PDP. Jonathan and his gang of looters were determined to loot the country out of the world map.

NaijaMutant:
I'm surprised how zombies like you manage to breathe the same air with sane Nigerians

When you see the word "Zombie" in their comments, rest assured that you are reading from a typical Liepob. They self describe themselves as Zombie by trying to project themselves on others.

How Diezani cash was allegedly shared, by EFCC
Posted By: Joseph Jibueze

November 8, 2017

The Economic and Financial Crimes Commission ( EFCC ) has tendered documents in court showing how funds allegedly diverted by former Minister of Petroleum Resources Mrs Diezani Alison-Madueke was allegedly shared.

The commission said Alison-Madueke allegedly shared $115,010,000 (about N35billion) to different individuals in 36 states ahead of the 2015 general election.

A Senior Advocate of Nigeria (SAN) Mohammed Belgore and a former minister of National Planning Prof Abubakar Suleiman are on trial before Justice Rilwan Aikawa of the Federal High Court in Lagos.

EFCC accused them of directly receiving N450million in cash from Alison-Madueke without going through a financial institution. They pleaded not guilty.

The money they received, the commission said, was shared to electoral officers and others in Kwara State.

Suleiman and Belgore, according to documents tendered by EFCC, collected N450million on behalf of Kwara.

Every other state also got part of the cash, according to documents sighted by our correspondent Wednesday.

For instance, two Peoples Democratic Party (PDP) chiefs received N500million for Cross River State; two party chiefs got N650million on behalf of Lagos State; while two party men received N450million for Taraba State.

Two PDP chiefs collected N700million for Kaduna State; two party chiefs got N450million for Gombe State; four party chiefs got N700million on behalf of Imo State, while two men collected N450million for Anambra State, among others.

The commission tendered two documents marked as Exhibits 7 and 7A, with breakdown of how the monies were to be shared.

According to one of the documents entitled: Kwara State, four polling booth agents in 2,406 units got N10, 000 each (amounting to N96, 240,000), while presiding officers got N20, 000 each (totaling N48, 120,000).

Fifteen electoral officers received N250,000 each (totaling N3,750,000); 15 supervisors got N100,000; 15 returning officers were given N50,000 each; 193 ward returning officers got N20,000 each (totaling N3,860,000), while the state returning officer allegedly got N1million.

According to the document, a total of N155, 220,000 was shared among the electoral officers in Kwara.


Another document entitled: Security and Transportation Per State, also tendered by the commission, contains a breakdown of how some of the money from Mrs Alison-Madueke was allegedly shared.

The breakdown is follows: Resident Electoral Commissioner (N10million); Administrative Secretary (N5million), Head of Operations “and his boys” (N5million), other officers (N2million), Resident Assistant Inspector-General of Police (N2million), and Commissioner of Police (N10million).

Others are: Deputy Commissioner of Police Operations (N2million), Assistant Commissioner of Police (ACP) Operations (N1million), ACP Administration (N1million); Officer in Charge, Mopol and “men in the state” (N7million), and “21c Mopol” and unit commanders (N10million).

The rest are: Director of the State Security Services (SSS) and his men (N2,5million), military officers (N50million), other security agents (including the Nigerian Security and Civil Defence Corps and the Federal Road Safety Corps (FRSC) (N20million).

In the charge, EFCC accused Belgore and Suleiman of conspiring to make cash payment of N450million, which exceeded the amount authorised by law, without going through a financial institution.

They were also accused of making cash payment of N450million to one Sheriff Shagaya without going through a financial institution.

The alleged offence, to which the defendants pleaded not guilty, contravened sections 1 (a), 16 (d) and 18 (a) of the Money Laundering (Prohibition) (Amendment) Act 2012 and punishable under Section 16 (2) (b).

The trial will continue on November 13 and 14.

http://thenationonlineng.net/how-diezani-cash-was-allegedly-shared-by-efcc/

cc Mynd44, Seun

Nasa28:
Are you saying TV channels like BBC share awoof money?

Why do we always celebrate mediocrity in this country?
Don't they have allocation?

I am saying that NTA Staff are corrupt like many Nigerians. That is the relic Buhari inherited. He is just managing them like that. It will take decades to undo the mess. Corruption breeds inefficiency.

jdluv:
NTA been get problem these days. NTA WHO DO YOU LIKE THIS?

No more awoof money to share again. ATM - Dasuki has lost his PIN number

Dem don promote the guy.

That is what happens when you dress better than the celebrant..

God bless your hustle madam...
But this your many moniker part, get as he be. Hope say you are not one of the wailing group, formerly known as GEJ 2019 CREW..

I am looking at the award column and it reads zero for all the Nigeria University listed

This building is looking good. I did a bit of research and discovered it was built in 1995 by the Military administration. Wonder what our politicians have built since 1999.
They need to sit up and deliver legacy projects to the citizenry

Court of Appeal, Abuja is located at Ralph Shodeinde Street, Three Arms Zone, Abuja.

seunmsg:
The biggest question that nobody seems to have an answer to is where the government will generate the non-oil revenue from.

FG already targets increase revenue from Tax collection via VAIDS. Loot recovery, Agric and Mining, etc. The target seems ambitious but if one has been following the latest developments closely, it looks achievable..

2018 budget: FG’s non-oil revenue projection impressive, says expert

Published November 8, 2017

The President, Institute of Fiscal Studies of Nigeria, Mr Godwin Ighedosa, has commended the Federal Government for making non-oil sector as the centre of its revenue projections to execute its plans in 2018.

Ighedosa said in Abuja that the proposed 2018 budget of N8.612tn showed a remarkable shift from over-dependence on oil revenue.

“For the first time, we are projecting that non-oil revenue is going to overtake oil revenue which obviously is a welcome development because since the 1970s our economy has been largely dependent on oil revenues.

“But the concern right now is where do the government expect to make this much from the non-oil sector?

“I ask this because the major drivers of employment and commercial activities in the country, which is manufacturing and agriculture, are not doing so very well in percentage to GDP.

“Also if it’s on taxes, it’s still unachievable because our tax to GDP ratio remains one of the lowest in the world at about six per cent and I don’t see government raising it so much to make that much difference in 2018.

“So getting the non-oil revenue projects would be a long stretch,” he said.

Ighedosa expressed concern about the government’s oil projections for the year 2018.

He said that the problem from the Niger-Delta region was far from over, thus it would continue to impact negatively on oil production.

“Yes, some kind of agreements have been reached between the government and the groups in the Niger-Delta which has helped raise the production level a bit. But it’s not enough.

“However, 2.3 million barrels per day for 2018 is a bit of a stretch because some of the groups in the Niger-Delta are already threatening the government.

“They want to break the agreement unless the government implements as quickly as possible some of their key demands and I don’t see the government meeting some of these demands anytime soon.

“So it may mean that we won’t be able to achieve the revenue projected,” he said.

Ighedosa said the N2.005tn budget deficit, which translates to additional borrowings in 2018 fiscal year to finance part of the budget may pose a challenge as any mention of borrowings is perceived negatively by Nigerians.

He, however, said that borrowings for investment was good for the county as it would improve the balance sheet of the Federal Government.

He advised the government to continue to keep a close tab on the ratio of revenue to debt servicing.

President Muhammadu Buhari earlier presented the 2018 budget proposal, tagged “Budget of Consolidation’’, which is expected to reinforce and build on recent accomplishments of the government.

The key parameters of the budget include a crude oil benchmark price of $45 per barrel, oil production estimate of 2.3 million barrels per day, and the exchange rate of N305 per dollar.

The Budget had a projected oil revenue of N2.442tn and non-oil projection of N4.165tn.

The Budget had a Capital expenditure projection of N2.428tn, Recurrent expenditure of N3.494tn, Debt Servicing,N2.014tn and Fiscal Deficit of N2.005tn.

http://punchng.com/2018-budget-fgs-non-oil-revenue-projection-impressive-says-expert/

pesinfada:
thai who fyn?


U dey kolo

Na so you dey tell your Uncles? You dey ask them whether dem kolo abi?

Paperwhite:
Beauty-brain=otondo/onye itii.

Another year is ending. Pray make bad belle no kill you for this one wey you dey so. Pray now..

This woman is beautiful. Success all the way!

NSE market capitalisation rises by N29bn ON NOVEMBER 7, 2017

The market capitalisation of Nigerian Stock Exchange (NSE) rose by N29 billion on Tuesday following rekindled investors’ confidence. Newsmen report that the market capitalisation rose by N29 billion or 0.23 per cent to close at N12.810 trillion from N12.781 trillion recorded on Monday. Also, the All-share index grew by 82.74 basis points to 37, 013.57 from 36, 930.83 achieved on monday. In all, Investors traded 305.171 million shares worth N2.905 billion in 4399 deals, against 466.522 million shares worth N2.90 billion exchanged in 4, 274 deals on Monday. Total Nigeria led on price gainers’ chart, appreciating by N5 to close at N229 per share, while Dangote Cement followed with a gain of N2 to close at N229 per share. UACN rose by 72k to close at N19.10 per share, while Guaranty Trust Bank appreciated by 28k to close at N42.03 per share. Dangote Sugar Refinery gained 15k to close at N15.50 per share. Mobil Oil topped the price losers’ chart, dropping N8.02 to close at N153.01, while International Breweries lost 4.20 kobo to close at N41.00 per share. Nigerian Breweries depreciated by 89k to close at N144.10 per share, while National Salt Company of Nigeria fell by 48 k to close at N15.52 per share. Eterna oil depreciated by 19k to close at N4.16 per share. On the activity chart, Diamond Bank was the most active, trading 83.12 million shares worth N98.16 million, while Fidelity Bank followed with 39.92 million shares valued at N66.27 million. Cadbury Nigeria sold 37.85 million shares worth at N391.72 million. FBNHoldings traded 34.31 million shares worth N241.13 million, while Meyer Paint exchanged 16.50 million shares worth N11.55 million. NAN


https://www.vanguardngr.com/2017/11/nse-market-capitalisation-rises-n29bn-3/

NSE market capitalisation rises by N29bn ON NOVEMBER 7, 2017

The market capitalisation of Nigerian Stock Exchange (NSE) rose by N29 billion on Tuesday following rekindled investors’ confidence. Newsmen report that the market capitalisation rose by N29 billion or 0.23 per cent to close at N12.810 trillion from N12.781 trillion recorded on Monday. Also, the All-share index grew by 82.74 basis points to 37, 013.57 from 36, 930.83 achieved on monday. In all, Investors traded 305.171 million shares worth N2.905 billion in 4399 deals, against 466.522 million shares worth N2.90 billion exchanged in 4, 274 deals on Monday. Total Nigeria led on price gainers’ chart, appreciating by N5 to close at N229 per share, while Dangote Cement followed with a gain of N2 to close at N229 per share. UACN rose by 72k to close at N19.10 per share, while Guaranty Trust Bank appreciated by 28k to close at N42.03 per share. Dangote Sugar Refinery gained 15k to close at N15.50 per share. Mobil Oil topped the price losers’ chart, dropping N8.02 to close at N153.01, while International Breweries lost 4.20 kobo to close at N41.00 per share. Nigerian Breweries depreciated by 89k to close at N144.10 per share, while National Salt Company of Nigeria fell by 48 k to close at N15.52 per share. Eterna oil depreciated by 19k to close at N4.16 per share. On the activity chart, Diamond Bank was the most active, trading 83.12 million shares worth N98.16 million, while Fidelity Bank followed with 39.92 million shares valued at N66.27 million. Cadbury Nigeria sold 37.85 million shares worth at N391.72 million. FBNHoldings traded 34.31 million shares worth N241.13 million, while Meyer Paint exchanged 16.50 million shares worth N11.55 million. NAN

The following people can provide answers to the impact of 2016 and 2017 budgets:

1. Graduates that have never been given employment opportunity, but for the first time are engaged in the N-Power project.
2. Govt workers who are receiving their salary as at when due
3. State Govt workers that are owed for several months but are now getting caught up in their salary because Buhari decides to bail out states and refund the over deduction from the Paris debt since 2005.
4. Poor parents who has to send their children to hawk instead of schools because they could not afford to feed them, but now are being fed at school through the home grown school children feeding program.
5. Extremely and neglected poor Nigerians that are being paid conditional cash transfer of N5,000 per month
6. Contractors that have been owed by Govt since 2012, but are now getting paid their money.
7. Farmers that are receiving govt help in terms of Fertilizer, seedlings and the anchor borrowing programm
8. Retired Biafra Police personnel, that have been overlooked by Govt since the end of the Civil war in 1970 (47yrs ago)
9. Those Contractors and artisans that are involved in Govt contracts where money has been released
10. For completed Capital projects and for the ones that are near in completion.
11. For the people of North East who experienced the menace and the worst of Boko Haram
12. Those who experienced increase in power supply.
Etc....

LIVE UPDATE: President Buhari presents 2018 budget
November 7, 2017

Kemi Busari

President Muhammadu Buhari on Tuesday afternoon presented the 2018 budget to a joint session of the National Assembly.
The session is moderated by Senate President Bukola Saraki and Speaker of the House of Representatives, Yakubu Dogara.
Follow PREMIUM TIMES for live updates of the budget presentation.
It gives us great delight to see you (Buhari) in person, Saraki says in his opening remarks after the Christian and Muslim prayers
We must continue to work together to steady the ship of this (economic) recovery – Saraki
We must ensure that our borrowing is targeted at productive projects – Saraki
Implementation of the 2018 budget must anchor on the Made in Nigeria project – Saraki
The current rate of rural to urban migration is alarming and unsustainable – Saraki
It is pleasing to note that the budget is been presented early. This is a welcome development – Saraki
Immediate steps must be taken to make the 2018 budget an employment-oriented one – Saraki
Saraki concludes speech, invites President Buhari to present budget.
President Buhari thanks all Nigerians for support and prayers while he was on medical vacation.
The 2018 budget will consolidate on the achievements of previous budget – Buhari
2018 is expected to be a year of better outcomes – Buhari
Only tailored Nigerian solutions can fix Nigeria’s unique problems – Buhari
Crop production has been one of the main contributors to non-oil growth which rose to 0.45 per cent – Buhari
Bitumen exploration in Ondo is being executed – Buhari
We all want a country that is safe, stable, and secure, Buhari on threats in Niger Delta
A GDP growth of 9 percent is expected in the 2018 budget, says President Buhari
Higher crude oil price supported our economic recovery in 2017 – Muhammadu Buhari
Ogoni clean up is ongoing and being supported by international community – Buhari
Despite the downturn in oil prices …. this administration was able to invest an unprecedented over N1.2 trillion in capital budgets through the 2016 budget – Buhari
We have asked the SWF to look inwards and invest locally – Buhari
As at October 30, 2017, our external reserves increased to $34 billion – Buhari
President Buhari noted that the administration through its logical and user friendly reforms has been able to move the country on the ranking of countries in ease of doing business from 169 in 2016 and recently to 146.
In 2016, this administration started allocating at least 30 per cent of our budget to capital expenditure. This is being maintained – Buhari
We have pushed the Abuja rail project to 98 per cent completion in 18 months from 40 per cent – Buhari
Contractors were being owed trillions of Naira when this administration came into power. In some, we have made payments while in others we are assessing the liabilities – Buhari
Our power sector reform still remains a work in progress – Buhari
The FG will be launching the first African Sovereign Trade Bond in December 2017 – Buhari
Over 766km were constructed or rehabilitated across the country in 2017 – Buhari
We have spent time in identifying alternative means of funding capital projects in the 2017 budget. For example, the N100 billion Sukuk financing for construction of 25 roads across the country – Buhari


President Buhari noted that the country has grown tremendously its power generation sector but still has challenges in areas of distribution
In sourcing for alternative means of power, we have signed agreement with 14 solar companies – Buhari
We have purchased 10 locomotives and two coaches for the Abuja-Kaduna rail line…we plan to commission this in December 2017.
Food security is an important aspect of this administration’s security agenda – Buhari
Anybody involved with food smuggling is a threat to our national security and will therefore be dealt with – Buhari
The President said 6 crop processing zones will be established in 2018 to develop infrastructure for production and processing of crops
President Buhari bemoaned the practice of under remittance of revenue by state-owned entities
This year we have worked very hard to achieve an earlier submission of the MTEF and the 2018 appropriation bill – Buhari
N2.442 trillion oil revenue projected for 2018 – Buhari
There will be privatisation of some non-oil assets, the president explains.
Agencies are not to conduct recruitment without all necessary approvals. Any violations will be sanctioned – Buhari
President Muhammadu Buhari on Tuesday formally presented an N8.6 trillion 2018 budget to a joint session of the National Assembly.
Dubbed the ‘budget of consolidation,’ the budget was about 16 per cent increase from the N7.44 trillion appropriated in 2017.
Mr. Buhari announced that the budget is projected at an oil price of $45 per barrel and an estimate of 2.3 million barrels per day.
He added that the budget is further projected on an exchange rate of N305 to $1, a real Gross Domestic Growth of 3.5 per cent and inflation rate of 12.4 per cent.
At present, domestic debts account for about 79% of the total debt. We will reduce this to 60% in 2018 and increase external to 40%.
Our commitment to the security of lives and property remain absolute – Buhari

https://www.premiumtimesng.com/news/headlines/248596-live-update-president-buhari-presents-2018-budget.html

Sparklequeen:
Not all please. Didn't you see the jobs he has set for the youths including the 5th payment to early people and the feeding program he introduced in the primary schools etc. He has tried compared to others (PDP)

Despite low oil price o ....

Only people with names like @Chrys.chikere , will attack Ali Baba like that. Jonaloot loss is still paining them till tomorrow.