₦airaland Forum

mykl01:
Maybe that's why they are using Buhari? Is it till he dies that we will now rescue him from Zombies

Buhari is taking care of himself. He has handed over to the VP in Acting capacity. We pray that God heals him and bring him back alive to us to continue the good work he is doing. What else, you've got Mr wailer?

agbangam:
PMB is not a failure, GEJ is not only a failure but a huge disaster.
GEJ left 26 states totally broke, several states were owing their workers up to 11months and so far,PMB thru his bail out funds, have saved those state workers. I hope u pple won't call dis one APC propaganda
GEJ designed Sure-P abi na Sure-loot which failed woefully but with PMB N-power program some of my friends now have something doing. abi dis one na propaganda
GEJ for 6yrs cud not fix any of d three refineries but Kachukwu is working so hard to put those refineries in gud shape b4 2019 and even assisting dangote to build a new one. Una wan call am propaganda
Roads/Power/Health/major infrastructures were left in a bad state by GEJ but today Fashola is trying hard to fix those capital projects, d many problems in those sectors is giving Fashola sleepless nites.
What about Niger Delta were GEJ came from, u all heard him accepting dat he did nothing for his region during 2015 campaign election despite 6yrs of being in power. Propaganda pple dem he said dat one wit his own mouth .
PMB took a bold step despite d pains it caused d nation to ban d land importation of rice and today states/individuals are now into rice farming. The price of rice is gradually crashing, Thailand and China are now feeling d brunt, so many of their ware houses are being shut cos we are now importing less and saving our forex/money. At least u wailers can confirm dis one.
GEJ gave terrible waivers to many of his PDP/foreign friends causing us to loss gud forex dat wud have been further used to improve/build new infrastructures.
What about d education sector, he established 11 poorly equiped universities, adding more problems to d already dying ones dat in dear need of funds.
Did GEJ save? Naaaah he has one stupid excuse dat governors did not allow him to save but OBJ despite having d Ibori's, d Alameseiya's, d Attahs, Duke n other strong men on his neck was able to save upto 40B dols. Abi dis one na APC propaganda again
The annoying part is dat So much monies came into dis country during his time as a result of oil boom and he watched his gang of looters steal massively. He even defended dem wit d statement "Stealing is not corruption". Even on Saturday GEJ shamelessly said he allowed loopholes for pple to steal, I spit on him...
PMB is trying his best even @ dis challenging period wit oil price below 50dollars. I pray God grants him a speedy recovery to come back home.
To my fellow Patriots GEJ's Pigs n Idiots are always online to support him, der is hunger in d land caused by their "Hero". Hunger in d land has made their sense of reasoning gone so low, let's us all bear with dem . Shameless people.

We will keep them in our prayers, so that they will eventually receive sense.

Na to carry work give them nau. But remember not to owe their salary oh. All the same, good work Ogbeni Aregbesola.

QueenOfNepal:
I pray same fate befall you

No problem. I pray the same fate befall you too. That when you are sick, some sick guys in Govt that needs your image to shore up their own battered image and cover up for their mass looting, will display your emaciated self in order for you to earn money to treat yourself.

raker300:
"never speak ill of the dead"- the Bible warns

In this instance, nobody has spoken ill of the dead. Somebody has only made reference to how the dead was used and treated while she was alive. You my not like it, but it is the truth

plaetton:
Aside all the constantly regurgitated nonsense above( the periodic feeding tube and dinner buffet for Zombies) , let me just ask you, once again, what fxxing depleted reserves are YOU talking about ?
You call $30b depleted reserves ?

You Zombies keeping repeating the same senseless lies to yourselves over and over again, an in your little imbecilic mind, it becomes true.

Nigerians, even kindergarten children , are tired of these silly lies from empty Zombie heads.

Try and justify the existence of this government by actually moving Nigeria forward.

A country, a laughing stock country that Buhari has turned Nigeria into, is now on guiness records as the only country in the world being ruled by a physically and mentally incapacitated president, from another nation's capital, for 100 days, all at the expense of Nigerians , most of whom can no longer look forward to 3 square meals.

Big big Shame on you and like your likes, who wake up every day to feed the population with propaganda, instead of pro-agenda.

Very typical. Insult is the only thing you know. Ignorant but arrogant. Can you provide the figure of Nigeria Foreign reserve and ECA figure, when Jonaloot was sworn in as Ag President / President and what the figure was by the end of May 2015? If you can provide this figure, then I have a gift for you..

QueenOfNepal:
You think this here is a joke? Imagine using your dead sibling as a caricature on social media? Use your brain

Caricature blah, blah will not bring back the dead. We will all join her when our time comes. Use your brain.

Hahahahahaha.

Na this madam really fits the wailers and PDP.

obailala:
Oh you no longer want to argue on Naira value any more?... You no longer think its wise to follow your superstitious approach any more?... Its now a story of the 80's? Whatever happened to 2015?... Are you now at a loss for what to say?

That is how they keep deflecting from the original issue to other things. Shifting the goal post all the time when they are pushed to the corner with hard facts.

StOla:
Hahahahahahaha!

So you mean all the rich Igbo men who are making money as Nigerians operating in the Nigerian population market, do not believe in Biafra and do not support hunchback Kanu?

So you mean it is true that Kanu is only suppprted by miscreants and shop boys?

Fayose, thanks for this expose.

My people, let us contribute to feed hungry Kanu, his hungry family and his hungry lawyers.

Nigerians, don't let this Biafran family die. Please!

This just confirm what people have been saying all along that PDP is behind the sponsorship of Kanu and Biadrug. They have now made it official.

Dereformer:
Is your post above not enough to prove to you that Buhari is cursed? Anything that man touchs either dies or withers.

Naira was doing fine before Buhari came with his ill luck. Suddenly, Naira became a member of PDP.

Are you trying to blame Buhari for the global oil price fall? Despite the fall, he is managing the little resources coming in, settling old debts, feeding school children, 200,000 N-Power jobs for graduates and soon another 300,000 to be engaged. Contractors are back to site and in few years many of the roads will finally be completed.

plaetton:
Here we go again with One-sided thinking and propaganda.
A fair and objective critic would have also included expenditures, statutory disbursements to states and local governments during the same period.

It is very very idiotic and extremely dishonest to keep playing the stale old song that Nigeria earned more from oil sales during the last administration, without also mentioning that Nigeria also spent more on all three arms of government, education, health, agriculture, infrastructure, defence, security, and statutory allocations to states and local governments.

It's time for pro-agenda.
Enough of the propaganda.

It is not a stale song that Nigeria earned more from oil Under Jona, with not much to show for it. You claim he paid some salary, yes he paid some and left some unpaid leaving the debts and other debts owed contractors, pensioners etc to be paid by a Govt earning less from oil.
You claim he spent some of the windfall on infrastructure, our reality is that our infrastructure is in deep rot, contractors are owed etc.
What baffles many is that how can you earn so much, deplete the reserve, and increased debt and not much to show for it.
That is a massive failure.
Again, this is what happened under Jona:
1. Earned more money from oil
2. Deplete the country savings - foreign reserve, ECA etc, that he inherited from his predecessor
3. Increased the country's debt from what he inherited from his predecessor

Again look at all the evidence in Dieziani's gate, Dasuki's gate etc. Read up Dieziani's testimony at her involvement in money laundering in US Court etc.
Massive looting happened under the IB hero, whether you are honest enough to admit it is another thing. And once we all settle ourselves to the fact that massive looting happened under Jonaloot, then we can all agree that there is implication for that on every Nigerian, more so when the country earnings is reduced.

chymes0359:

why didnt it bail ASUU that just went on indefinite strike on sunday?

Even you need bailout . after massive looting..

Oil Earnings under Jonathan Vs Earnings under Buhari
Despite low oil earnings, Buhari administration has bailed out states 4 times, paid backlog of debts owed contractors, oil marketers, JV cash call settled, Improved power, road and infrastructure development ongoing, Diversification effort on going, etc.

https://pbs.twimg.com/media/DHOQFvEXgAA0jsi.jpg:large

This Fulani Herdsmen again? Na wa o

Nigeriaismine:
I am from Enugu state, I don't know if my area is the only place suffering from this high NEPA bill(EEDC) , however, the place where i stay (students lodge), they usually give us two bills (the nonsense reason is that it's a two storey building ) and we pay 20k so i want know what you guys pay as well

Do you get regular power supply? How many hours of electricity on the average do you get?
How many appliances and occupants do you have in the building / student hostel? All this will help in understanding how much you pay per month

signature2012:
May God deliver you.Your so called Buhari is a BIG disgrace to this generation.

I hereby challenge you,mention just 1 single thing your bubu has done or achieve so far?

Mention just 1 ministry that is performing despite using 6 months to appoint his self acclaimed saint as ministers.

Lest i forget,I know you are from the North.Your emir Sanusi was involve in some big mess up some months ago,the governor of kano state was about escalating it,it was Osibanjo and some cabals that intervene.

You sultan too was few weeks ago involve in some messy sh!t.The Paris club fund meant for sokoto state,him alone was given 700 million to buy a house in Abuja.
I can go on and on..........Buhari is the biggest mistake that has ever happen to Nigeria.

You may not like Buhari, but many Nigerians loves and adore him.

cstr1000:
I would rather vote for the dog than vote for buhari.
Voting for him is an insult on my intelligence.

Fortunately, population of wailers are very minimal and we know where they are coming from

Abagworo:
The news is fake as it repeats word for word same fake news published 5 months ago in March but the response of some people who were pro-IPOB suggests the PDP connection to the whole drama. Here is same news word for word from 14th March edition of Vanguard. The same Tuesday was even used while this fake news was published on a Monday.

www.vanguardngr.com/2017/03/breaking-kwakwanso-10-kano-state-lawmakers-dump-apc-pdp/

I noticed that too. wailers are hopeless..

Aragon:
Since you are extra excited about these new Developments so lemme make it even more exciting for you

500euros to you and no questions asked if this dont happen = If BUHARI contest he will win again!
250euros to you and no questions asked if this dont happen = Nigerians will never VOTE PDP again

Aragon, you bad oh. Let the poor guy sleep well tonight now. Let him have a good night sleep believing his malaria dream. Hahahahah

oduastates:
That man was a mistake.
I feel like punching somebody whenever he opens his mouth and come up with one of his clueless talk.

Jonathan is irredeemably clueless.

NNDC, Turkey invest $15m to revive Kaduna Textile
Aug 14, 2017



The New Nigeria Development Company (NNDC) says it will invest 15 million dollars through a partnership with a Turkish firm to reactivate the collapsed Kaduna Textile company.

The Group Managing Director, Dr. Ahmed Musa, said this to newsmen shortly after a closed-door meeting with the Turkish business delegation at the NNDC’s head office in Kaduna.

The delegation had earlier inspected the site of the firm and the Defence Industries Corporation of Nigeria, both at the Kakuri Industrial Layout in Kaduna.

The GMD said the NNDC and the Turkish firm, Sur International Textile, would invest the amount in revitalising the Kaduna Textile.

According to the proposal, the Turkish firm will provide 35 per cent of the amount, the Federal Government 45 per cent and KTL will give 20 per cent of the funds.

Musa said in a short term, the KTL would produce uniform needs for the Nigerian Armed Forces as well as the Police and other paramilitary agencies in the country, and across the West Africa subregion.

He said revamping the KTL would boost the economy of Kaduna state and create employment opportunities to the unemployed youths within and outside the state.

“We held a private meeting with a team of delegation from Turkey.

” They want to invest in Kaduna Textile and turn it around.

” In summary, they want to start producing military and paramilitary uniforms for members of the Nigerian Armed Forces,” Musa said.

According to him, the project is a big and laudable one that will boost the economy of Kaduna State by increasing its revenue drive and create massive employment.

” We have been able to attract investors into the state,” he added.

The NNDC’s Executive Director, Investments, Alhaji Abdullahi Ali-Gombe, said the agreement would revamp the collapsed Textile firm, owned by the 19 Northern States.

Besides boosting the ailing economy, Ali-Gombe explained that when operational, the firm would essentially go into production of military and paramilitary garments.

Ali-Gombe, who is also the Chairman, Restructuring Committee of the KTL, said “we can not say tentatively when this will take off. We are hoping very soon”.

The Kaduna Textile Limited, established in 1957, operated a large integrated textile mill, producing various kinds of garments.

The company, currently in a state of comatose, started operation in November 1957, spinning country’s cotton and later in January 1958, went into full production of unbleached grey bafts.

In 1961, it began the production of finished garments.

The firm was financed by the Northern Nigeria regional Marketing Board and the region’s development corporation and was managed by an expatriate firm, David Whitehead & Sons.

It was closed down in 2000 following various financial crises and inadequate power supply.

Ime Njoku

http://von.gov.ng/nndc-turkey-invest-15m-revive-kaduna-textile/

merbenko:
This administration is the best worse administration in History of Nigeria. Why reminding Nigeria. You promise change and you are still complaining about GEJ administration. We don't blame you sha

You still can't see the change in the points listed for you below?

1. Fight corruption.

2. Sanitize the huge salary bill by eliminating payroll fraud.

3. Reduce wasteful expenses like First Class Travel and Private jets.

4. Encourage State Governments to reform their spending and build savings or investments.

5. Increase spending on capital projects especially on infrastructure needed to make Nigerian businesses competitive and create jobs.

6. Block the leakages that allowed government revenues to be siphoned into private hands.

7. Focus on key sectors ( apart from oil) that can create jobs and or generate revenue such as Agriculture, Solid Minerals, and Manufacturing

You Left The Nigerian Economy In Tatters" - Buhari Reminds Former President Jonathan

To the same extent, this should also help to erase yet another false statement by Senator Ahmed Mohammed Makarfi, the Caretaker Chairman of the party, to the effect that under the previous administration there was money but now things are very hard.

BY SAHARAREPORTERS, NEW YORKAUG 14, 2017

Your Excellency Jonathan, this is the economy you left behind, in case you have forgotten: With due respects to the former President Dr. Goodluck Jonathan, these are the facts about the economy you left behind, in case you have forgotten.

I hope this will help to erase the wrong statement credited to you at your party, the PDP Convention at the Eagle Square last weekend that you handed to President Buhari a robustly healthy economy.

To the same extent, this should also help to erase yet another false statement by Senator Ahmed Mohammed Makarfi, the Caretaker Chairman of the party, to the effect that under the previous administration there was money but now things are very hard.

Let me start by reasserting an obvious statement, which is that the President Muhammadu Buhari administration was handed an economy ravaged by years of mismanagement and corruption.

It is understandable that Dr. Jonathan kept his comments short, because a cursory look at any sector clearly indicated that he and his Government presided over the most monumental and tragic economic mismanagement recorded in our national history.

President Goodluck Jonathan
The oil sector boomed under his tenure, with oil prices as high as US$ 120 and peace in the Nigeria Delta. Nigeria earned unprecedented dollar revenues. Sadly, that is where the story turns sour. There is nothing to show for the revenues earned, no major capital project was completed, neither power generation, road development, rail or agriculture benefitted from the windfall earnings. Rather the administration presided over the diversion of oil revenues on a such a massive scale, that even without the protection now accorded to Whistle blowers, the then Central Bank Governor blew not only a whistle but a trumpet. He was hurriedly shown the door. Meanwhile, the acquisition by public officers and their cohorts of private jets, luxury yachts and the accumulation of expensive property portfolios world-wide continued unabated. Indeed the President once celebrated having the largest number of private jets, whilst our youth languished without jobs, our fields stood idle and our factories began the lay off of workers.

Government simply reticulated oil revenue through personal spending by corrupt leaders, wasteful expenses and salaries. This was done rather than investing in what would grow the economy. Economies grow due to capital investment in assets like seaports, airports, power plants, railways, roads and housing. Nigeria can not record a single major infrastructural project in the last 10 years. In short the money was mismanaged.

Such was the looting that even the goose that was laying the golden egg was being systematically starved. The direct contractual costs of oil produced , in the form of cash calls, remained unpaid. The incoming, President Buhari’s welcome from the oil majors included demand for US$6Bn owed by Nigeria for oil that had already been sold or stolen.

At the inception of the current administration, 21 States were unable to meet their salary bills and the specter of workers arrears had commenced. The PDP solution was the raid the Ecological Fund and selectively grant N2Bn each to the PDP States. It was only aggressive borrowing by the Ministry of Finance under Dr. Okonjo- Iweala that prevented Federal Government from also owing salaries. The economic wisdom of borrowing to pay recurrent bills is a questionable one, particularly as those paid would have included over 45,000 that have subsequently been removed by the Buhari led administration as ghost workers. It also included the lavish costs of chartering private jets, first class travel and other wasteful acts that have been eliminated under this administration.

To compound the problem the government was borrowing heavily and owed contractors, and international oil companies. When this government took over we had accumulated debt back to the level it was before the Paris Club Debt Forgiveness.

All these factors were building up to Nigeria heading for a major crisis if the price of oil fell. Nigeria did not have fiscal buffers to withstand an oil shock.

The oil shock should and could have been foreseen. When Islamic State of Iraq and Syria, ISIS crisis started, it was clear that the United States of America wanted to cut off funds to terror groups by crashing the price of oil. When America granted permission for exploration of oil on land ( Shale) the warning signs were evident, but these were ignored by Nigeria’s economic managers.

In summary Nigeria earned a lot of money when oil prices were high but there is nothing to show for it. Now oil prices have fallen we are suffering.

What could they have done differently?

They could have begun doing the very things that the Muhammadu Buhari administration is doing so painfully now:

1. Fight corruption.

2. Sanitize the huge salary bill by eliminating payroll fraud.

3. Reduce wasteful expenses like First Class Travel and Private jets.

4. Encourage State Governments to reform their spending and build savings or investments.

5. Increase spending on capital projects especially on infrastructure needed to make Nigerian businesses competitive and create jobs.

6. Block the leakages that allowed government revenues to be siphoned into private hands.

7. Focus on key sectors ( apart from oil) that can create jobs and or generate revenue such as Agriculture, Solid Minerals, and Manufacturing.

If these things had been done when the oil price was as high as US$120 per barrel, Nigeria would not be in the current predicament.

We would not be suffering now if we had no cash reserves but we had power, or a rail system, or good roads, or good housing. But we don’t have money and we don’t have the projects either.

Now that the oil has fallen below those levels, it is very difficult to do what is needed but they must be done to save Nigeria. There is no other way if we want to be honest.

If PDP were still in power they would have continued deceiving people, by borrowing to fund stealing and wastage and the problem would have simply been postponed for future generations to face.

One of former President Jonathon’s specific boasts is that dollar under him was N180 compared to today. With such a line of argument, it is clear why we are where we are. With oil prices as high as $120 the average inflow of dollars each month was high, making it easy to support cheap dollars. However, with oil price plummeting as low as $28, the fundamental laws of supply and demand dictated that the currency would need to adjust since oil was the sole export. It is instructive to note that virtually every major oil exporter has witnessed currency adjustments with the fall in oil price.

The Buhari administration has taken a long term strategic view of supporting a stable naira on both the supply and demand sides. President Buhari has driven Import substitution to reduce demand for dollars to buy things we can produce thereby creating thousands of rural jobs in rice and other staples. In addition, there is a credible plan to diversify our revenue sources away from oil, with a focus on export crops as well as solid minerals, with the release of US$100M fund to develop solid mineral extraction.

President Muhammdu Buhari has a positive and prosperous vision for Nigeria. A nation in which the natural talent and hard work of the people is being supported by an enabling environment for infrastructural development and policy reforms that will develop a firm future for our nation. Nigerians are looking forward and the PDP’s lurking in the economic rear view mirror only underscores the resolve of Nigerians, that as far as the economy is concerned it is ‘'never again."



GARBA SHEHU

SSAP (Media and Publicity).

ABUJA.

http://saharareporters.com/2017/08/14/you-left-nigerian-economy-tatters-buhari-reminds-former-president-jonathan

Destined2win:
What do you mean by 'controlling you?

I am not a feeble man. Don't tell me you are

Since you have been abusing Buhari, how many inches taller have you grown? How much has abusing Buhari contributed to your Bank account?
Child's play. Kwantinuuu.

madridguy:
Where are the leaders of tomorrow?

On Nairaland, abusing each other or cheering @ Man U Vs Chelsea match

oloriLFC:
So you still want something from the Federal government?

They are delusional.

vedd:
This is about Yoruba interests, not political interests.

Keep claiming sophistication by judging on personalities while the less civilised abokis continue to count their ethnic gains.

Can you enumerate how Northerners are counting their ethnic gains? Do you need to be reminded that since 1999, 18 years ago, Yorubas have ruled Nigeria for 8 years, then Ijaw, 6 years, all together 14 out of 18 years has produced South President. If you discount Osinbajo's Ag Presidency from Buhari's 2 years, there is not much left for the Northerners. Why are you guys so daft like this?
An Odumakin with no electoral or cultural value, promoted himself to spokes person of Afenifere that is known to have supported PDP and GEJ during the last election is what you are getting hyperventilating about?

vedd:
This is about Yoruba interests, not political interests.

Keep claiming sophistication by judging on personalities while the less civilised abokis continue to count their ethnic gains.

Can you enumerate how Northerners are counting their ethnic gains? Do you need to be reminded that since 1999, 18 years ago, Yorubas have ruled Nigeria for 8 years, then Ijaw, 6 years, all together 14 out of 18 years has produced South President. If you discount Osinbajo's Ag Presidency from Buhari's 2 years, there is not much left for the Northerners. Why are you IPOB youths so daft like this?
An Odumakin with no electoral or cultural value, promoted himself to spokes person of Afenifere that is known to have supported PDP and GEJ during the last election is what you are getting hyperventilating about?

romenna:
Hello sir, I have observed a rehearsed response (corruption fighting back) from this government when criticized or faced with objective analysis against its action or planned action. Is this a perfect government? YES or NO?

No. However, we understand that when those standing trial or under investigation by an EFCC headed by Magu, are saying remove him, then there is more than meets the eye. However, Magu has been doing a wonderful job. You don't change a winning team.
What the looters want, is to replace Magu with a Farida or Lamorde, where all corrupt people are free to steal without anybody challenging them

conductor6a:
And the "parasites" now say you should stop feeding them, that they want to stay alone in their own country. And you're still begging.

Walaghi the hypocrisy of skull miners stink to the high heavens.

You are a bloody shameless, hopeless liar. Which of your representative said that? Obingo, Ikpeazu or which one precisely? Shameless parasite.

gberra:
SE -- 4 out of 5

SW -- 3

SS -- 1

NC -- 2

NE -- 2

NW -- 1


They produce Nothing yet feeding fat off the rest...Parasitic pigs & Idiots.

Real parasites and worst kind of ingrates too