₦airaland Forum

imoh4king:
Chai, I really underestimated ur stupidity... How can u sit in ur foolishness and type this rubbish....Chai

i overestimated ur intelligence....mumu brain...

dunkem21:
No wonder he didn't stay more than 15 mins with Cameron ..

maybe He was expecting handover Note from Cameron too....

“Instead of settling down for governance and working out how to fulfill its promises of making the naira the same in value with the dollar, paying N5,000 monthly to 25 million poor Nigerians, providing electricity on 24/7 basis, providing free meals for school children and allowances for discharged but unemployed youth corps members among others, the APC is busy inventing excuses for failure and blaming everyone else but themselves. We hope they will not blame the PDP for their Saturday’s embarrassing outing at 10 Downing Street.

LOL....This Metuh guy get mouth sha.....

Person wey get Power No dey make Noise ..

Reject Roll Royce but was moving around with "Private jet"....APC spin doctors sha

and who told u all the debt are for paying recurrent expenditure...do u have any hard facts that our earning exceeded our expenditure...Nope we never had surplus income oil price crashed, we are fighting a war, massive infrastructure renewal, Minimum Wage increased from 7500Naira to 18000 naira, Amnesty, Fuel subsidy... according to DMO

the debt is sustainable as sustainability analysis showed that the debt/GDP ratio is 11.6 per cent and Nigeria is at a low risk of debt distress, if the reforms embarked upon by the present administration in key sectors were retained and fully implemented. The bulk of the federal government loans were concessionary with low interests and long moratorium

When asked about the huge debt he is leaving behind....some of Fasholas response.....The man should give the President elect and his Vp some lectures on Governance ....he go hard small for Baba ....but Prof nah

[b]If we don’t want a life of debt, then Lagosians must agree that we reduce our budget to what we earn. We have a budget of about N489 billion. Let us use our IGR as an example: N30 billion multiplied by 12 months is N360 billion. We are already in a hole of about N119bn. If Lagosians want us to reduce it, then will Lagosians agree to stop demanding more services? Certainly, no! Thus, this is the context. And when you look at the countries we aspire to be like: America owes $16 trillion – they owe the whole world – but they have the best space ships, aircraft and army, and they can decide what our military does with the debt they owe the world.[/size][/b]

People should understand that we won’t do any work because the money has not accrued. What do we do? We borrow against it. The banks which we collect it from know that we will pay because the money (IGR) comes through them. So, we take a loan. But we don’t borrow to pay salaries; we don’t borrow for recurrent expenditure, we borrow for capital investments. I cannot go and tell the person who is waiting to take his child to the hospital and there is no hospital space; that they should ‘wait, I am waiting to collect money.’ If I give you the contract to build a hospital, I cannot tell you ‘take one naira today, I am waiting for two naira tomorrow.’ It is not a way to plan construction. You must gather your building materials and you must move men to the site. We borrow from the banks. When the monies come, the banks deduct them.[quote][/quote]http://www.punchng.com/politics/jonathans-acceptance-of-defeat-averted-evil-fashola/#disqus_thread

The famous 150 cows...

i hope it will not be like this....

Scam ke?...APC is a party of saints naa

Ninilowo:
Dat one na scam nah

"Nigeria, Africa's largest economy, is projected to expand 4.9 percent this year, according to the Bloomberg survey. ". http://www.bloomberg.com/news/articles/2015-02-25/the-20-fastest-growing-economies-this-year

According to "Bloomberg business" Nigeria is no 6 in the world ranking...so prof Osinbande stop making excuses

Chei !!! and that #trekforbuhari# guy was looking fresh after like 600 km......diaris God oooo

[quote]According to external debt figures released by the DMO, Lagos State is the most indebted state in the country with a debt of $1,169,712,848.65 (N233.94 billion). The state had also borrowed N167.5 billion from the bond market. Thus, Lagos is owing at least N401.44 billion. This is one of the issues that Governor-elect, Mr Akinwunmi Ambode will confront when he takes over from Governor Babatunde Fashola, next month. - See more at: http://www.vanguardngr.com/2015/04/huge-debts-await-buhari-in-coming-govs/#sthash.Hl4h1aPW.dpu

wetin ambode go come say ?? ....extreme poverty of the Majority is prevalent in Lagos too Prof ...anyway according to DMO ...

the debt is sustainable as sustainability analysis showed that the debt/GDP ratio is 11.6 per cent and Nigeria is at a low risk of debt distress, if the reforms embarked upon by the present administration in key sectors were retained and fully implemented. The bulk of the federal government loans were concessionary with low interests and long moratorium. -.d

So public lynching with ethnic colouration without "emperical evidence" is now in vogue...can u give us proofs that General is corrupt apart from subterfuge and innuendos

una dey mind them ....but some simpletons will believe their "Tales by moonlight"

vikyno:
Anytime I see Sahara... I always Yinmu.

With "there they go again" on my mind

Baba wrong time ke?...1983-1998 would have been a wrong time....but u a taking over a nigeria with modern banking sytem, modern telecom, better electoral system, Railway revived, agriculture, Automotive policy(new assembly plants), Power reform,....u have got something to build on, and they all happened in the last 16 years.....

Minister of the Economy, Dr Ngozi Okonjo-Iweala, has refuted claims that the Federal Government of Nigeria is owing civil servants salaries.

In a statement signed by her Special Assistant on Media, Paul Nwabiukwu, the Minister clarified “the misinformation put forward by certain governors to the effect that Federal workers were being owed salaries”.

“This is incorrect. Staff salaries at the Federal level are up to date; workers have received their April salaries,” the statement said.

The Minister further noted that “regarding difficulties in salary payment, certain governors are trying to blame the Federal for their predicament.

“This is wrong. They had been told through the Federation Accounts Allocation Committee (FAAC) to prioritizse salaries but chose not to do so, hence the backlog that some states are experiencing.

“The 50 per cent drop in revenues simply means that salaries should be prioritised”, she added.

She also warned that “the Federal Government should not be blamed for avoidable mistakes made at state level”.

The Chairman of the Progressives Forum and Imo State Governor, Mr Rochas Okorocha, had on Tuesday, during a meeting of the forum and the President-elect, urged retired General Muhammadu Buhari to prioritise the payment of salaries when his administration begins after the May 29 swearing in.

According to Okorocha, the non-payment of April salaries by the Federal Government was a clear indication that the economy was not in good shape.

“We must admit that Nigeria’s economy is in a bad shape and it is obvious that most governors will not be able to pay the salaries of workers in their states. There is no magic for any governor to pay salary under this present situation.

“We hope to present it to the President-elect, Gen Muhammadu Buhari, as one of those challenges the states and Federal Governments are facing in terms of payment of salaries. It has become obvious that both governments may not pay April and May salaries.

“We have an incoming president who will inherit an almost empty treasury. The situation paints bold pictures of the challenges we have ahead of us. The truth is the state of our economy is in very bad shape which we need to discuss with the President-elect, make some projections with him and see how we can move the country forward,” he lamented.

http://www.channelstv.com/2015/05/06/fg-denies-owing-civil-servants-salaries/

only Allah......and Pa Oluwole Buhari

i thought gej did nothing....our eyes Don clear now ..anyway i hope Gmb Continne with the Power Reform. ...ID card..yowin. .graduate internship Programm. .national Gas and oil project. ...railway. ..the List is long ..

Ok ooo who is clueless now ?... the person waiting almost 5 years for the completion of a 40 km rail system after 154 billion has been spent or somebody asking question about how our money are been spent ?....anyway when it is completed i no go celebrate Jesus go don come then ...

lawbabs:
By the time the Badagry to Marina light train is completed, please don't celebrate with us... clueless pipu..

LOL....the bolded got me rolling on the floor with laughter, i am permanently suspicious of their "Holier than thou" attitude ...i hope we never enter one chance sha

ApexTitan:


The worst part is that I believed everything, I just fall mugu for the whole hype. Every couple of months I used to call my Lagos friends to ask if the project would soon be completed. My hope was very high. Chai. See jonsing... I mean, when you see the way Fashola was stepping in the hype photos, the seriousness on his face, you gats believe na. Mehn these 9ja politicians eh.

He is still my guy though but now I watch him with a little more suspicion than before.

LOL... no be the hype "by the guys on this forum" ..na fashola cause am , u never lay track u don dey go inspect trains...chei naija people sef

ApexTitan:
Lol. I think it's more than 20% completed though, maybe 60%. I still hope it's completed by the new guy but the hype on this forum was insane.

LOL...20 % completed after 154 billion spent..that is why i treasure the picture....

ApexTitan:
Mehn. That was something. Fashola just put the whole of Lagos on a long thing. The way the media hyped that project you would think Fashola was about to commission it the next day - every time I visited Lagos I was always looking out to see if the trains had started running. Anyway I hope the incoming governor completes that project.

Hmnnn Dejavu....remind me of fashola inspecting "real" used trains in canada, not prototype oooo.....after 4 years the pic taken in canada is all we have to show for it

Why now....the incoming Government must experience what the outgoing gov went through....

The guy is still doing is thing...u can check his twitter handle

Wetin he go come do to Tinubu ati ameachi .....public stoning?

Thank u my Presido....GEJ all the way

Meanwhile pa Buhari is already in Daura....APC and lies