Demdem's Posts
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PassingShot:Case closed. |
Let fools continue to shout and wail as they deem fit, it won't change the fact that Amaechi remains the best Rivers governor in her history. He is surely going higher. Buhari will do what he gat to do while ignoring wailers. |
Even Obj can sense change unlike the cursed state we were under Jonah-daft. Only fools will disagree with this. |
Only eternal fools believed such in the first place. The proponents of such stories simply haven't recovered from the calamity that befell Jonah-daft and have vowed to take their pound of flesh from the General of common sense who marshalled his warriors to boot out the fool for his mis governance on the Nigerian Nation. Amaechi is going higher and they are scared. Nothing they can do can bring him down. Buhari will do whatever he gat to do, while ignoring eediots afterall they can only shout and wail while the General continues to makes decision. |
Dakuku was right to have called them criminals. |
There are good godfathers and bad godfathers. There is nothing wrong with godfatherism perse, they are basically kingmaker.it isn't perculiar to Nigeria alone, it's a worldwide phenomenon. |
tomakint: Tomafool, this is good news. I Av never for once opposed the General of common sense from being probed. |
Happiness87:Manufacture Figures !!!!! are u ok? Did i originate those links i provided? U are basically ashamed that the verifiable facts i presented negates what wike and his thugs have brainwashed ur kind with. It succks to me u no doubt. Fool, receive light. |
NgeneUkwenu:I concur 100% |
Happiness87:u sound ignorant, really ignorant. Go back and read my earlier post. The allocation was far higher than that but the mis-governance at the center led to the cut. Now that Rivers is receiving more, allocation is now more than wage bill. Its plain silly to be comparing Ekiti with Rivers please. Demdem: |
wirinet:Probably from the banks or so. The good news about this is that our finances are currently in the hands of good people under the able leadership of General Buhari unlike when Jonah-daft was in charge. There is so much transparency now. |
Happiness87: |
Cash going to states from FAAC rising on fear of Buhari The surprise thirty-two per cent jump in Federal Account Allocation Committee (FAAC) disbursements to the three tiers of government in June was a result of a more transparent reporting of the federation’s gross revenues BusinessDay can report. The unexplained rise at a time of a continued fall in international crude oil prices left many analysts wondering but investigation by BusinessDay has showed that the transparent reporting method imposed by the two-month old Buhari administration meant that revenues that were hitherto unaccounted for, had to be brought into the collective pool for sharing. The total disbursable fund for June amounted to N539bn or $2.71bn, up by 32 per cent from the level for May. The statutory allocation, the largest element of the payment, brought an increase of N162b or the equivalent of $810m on May revenues. A state like Edo, for instance saw its June allocation rise significantly, by more than N500m and governor Adams Oshiomhole who confirmed the development was unequivocal that the additional funds would not have come in if government agencies were left to account for their revenues in their old ways. “I can tell you that my state got much more than it would normally get and this additional funds came because they (federal agencies) could no longer hide or cook their books”, the governor told BusinessDay in Ndola, Zambia, on the sideline of the commissioning of the 1.5MT cement plant build by Dangote Cement. The governor, who is one of those selected by the National Economic council to beam a searchlight on the irregularities in flows into FAAC, added, “we are already seeing the benefit of the attitude of the Buhari administration to our collective resources and this is welcome, especially because we have just started and their scope for getting better. We all can now see that the days of impunity are gone.” Governor Oshiomhole’s explanation has helped to shed light on the jump in the federal allocation disbursement. In its August 5 daily note, FBN Capital had said, “we struggle to explain the marked increase in the allocation which is predominantly derived from the oil industry.” On Friday, FBN Capital welcomed the recovery in foreign reserves, which rose $2.5bn in July to $31.5bn on a 30-day moving average basis. FBN Capital said the increase in reserve couldn’t be explained by just the savings from the ban on 41 items, which hitherto accounted for about $900m in FX utilisation per month, on the basis of figures for Q1. Analysts at FBN Capital said, “we have to look elsewhere for additional explanations for the pick up in reserves in July.” http://businessdayonline.com/2015/08/cash-going-to-states-from-faac-rising-on-fear-of-buhari Allocations suddenly start increasing as soon as Jonah-daft left despite lower oil price. what saith thou to this? ![]() |
Happiness87:U should know by now that when Demdem speaks, he talks facts, verifiable facts to shame his detractors who has nothing to showcase. Am not even talking about bailout funds ( which means Wike got more than what i stated) but monthly allocations from the FG. WIke need not go borrow to pay up. the thug borrowed to steal and nothing more. Now learn by reading this post and the next............ The increase is good news for the struggling state governments. For instance, one of the top states, Rivers, which received N8.9 billion in the month of May got an increased sum of N12.6 billion for June, while a state like Gombe got N4.37 billion which is an increase from the N2.98 billion it received in May. http://www.thescoopng.com/how-come-oil-prices-fell-and-yet-nigerias-gross-revenues-rose-short-answer-buhari/ |
Even the killer members know that they destroyed this country. |
Happiness87:hehehehe, i thought u will like to disprove the facts i presented to shred ur pack of deceit. u dissapointed me because i was actually waiting for it. Amaechi is no saint just like all of his contemporaries including Wike himself. I cant remember i saying he is a saint. am only highlighting the hypocrisy of ur kind. Yes Wike has paid up because he now has more funds which is more than double what Amaechi was receiving so he has no excuse. By the way, TIMARIV workers that he disbanded are still being owned. He should pay them also. |
alaoeri:Expect the calamity of the clueless to befall him soon. |
atlwireles:Rumuola thug, when did u start believing Sahara reporters ![]() |
Happiness87:what findings? the one u manufactured from ur skewed brain? i be "winch" |
ibietela2:Ibifool, when u av the time u can come back. |
CHESSBOARD:Fool, because his antecedents of working towards increase IGR for Lagos a micros om of Nigeria is well known. This is what Nigeria needs today. |
CHESSBOARD:Fool, u arent making sense. |
Happiness87:what audit? prove it? |
Happiness87: |
The immediate past Governor of Rivers State, Chibuike Amaechi, has said that his administration left the state in a better condition, contrary to the claims of his successor, Nyesom Wike. In a statement Tuesday, Mr. Amaechi said that his eight years at the helm of the state’s affairs were that of commitment to good governance and transparent and accountable stewardship to Rivers people. On the N150 billion purportedly owed the state’s Ministry of Works contractors, Mr. Amaechi accused the incumbent governor of blocking an attempt by former president, Goodluck Jonathan, to repay the state funds it spent on federal roads. “Rt.Hon. Chibuike Rotimi Amaechi inherited a state that was comatose and in dire need of infrastructure,” Mr. Amaechi said in the statement issued by Ibim Semenitari, the former Commissioner for Information in the state. “Years of militancy and criminality had forced government and business in Rivers State to a standstill. He therefore embarked on land reclamation in our riverine communities and the massive construction of roads, bridges and interchanges all over Rivers State. “Realizing that there is a direct link between state of infrastructure and the growth rate of any economy, it is to the credit of the Amaechi administration that by the time he was leaving office, he had completed 90 per cent of the Phase 1A of the Rivers State Monorail, completed two major interchanges, two flyovers, 25 bridges, and five shore protection projects. He also completed 890 kilometres of the on- going 1,424 kilometres of road projects across the state. “There are over six land reclamation/shore protection projects at Andoni, Opobo, Buguma, Abalama, Olumbie/Owukiri Island, and Oba-Ama-Okrika with over 1,140,000km completed.” Mr. Amaechi said that some of the completed roads were federal roads for which the state government was owed N108 billion. “Mr. Wike as Minister of State for Education was among those who prevented former President Goodluck Jonathan from paying the Rivers State Government back these funds,” said Mr. Amaechi. “It is on record that other states like Akwa Ibom and Abia received repayment for the federal roads they constructed. As at when Governor Amaechi was leaving office, the debts owed the contractors in the Ministry of Works, which were for ongoing road projects totaled N44, 942, 354, 44.10.” Last week, Mr. Wike inaugurated a judicial panel to probe the administration of Mr. Amaechi. The governor had accused his predecessor of looting state funds, stealing properties from the Government House, and failing to prepare handover notes on the expiration of his tenure. But Mr. Amaechi insisted that his administration left the state better than it met it, especially in the area of infrastructure. “For the records, the Government of Rivers State under Dr. Peter Odili made substantial investment in Electric Power related Projects with the aim of mitigating the malaise of inadequate power supply,” Mr. Amaechi said. “The Projects included generation (Omoku and Trans-Amadi 1), transmission and distribution interventions. Rt. Hon. Chibuike Rotimi Amaechi on assumption of office recognized the importance of improved electric power supply in the socio-economy regeneration of the State. “At the time Rt. Hon. Chibuike Rotimi Amaechi assumed office, of the 350 Megawatts (MW) total capacity generation assets invested by the State, only 70MW (equivalent to about 20 per cent) was available. With enthusiasm, Rt. Hon. Chibuike Rotimi Amaechi ramped up the efficiency to 77 per cent availability including injecting another 360MW Green Field Generation Project at Afam, of which 180MW have been commissioned and is in commercial operation. “To mitigate the swing in efficiency and its debilitating impact on the economy, the State Government sought private sector operators and sold 70 per cent equity stake in the power generating assets’ company to NG Power HPS. For the transaction, the State Government adopted the same model as the Federal Government in the sale Egbin Power Plant. The sale was at a price per MW higher than all the privatization MW rate done by the Federal Government. “The proceeds from sale of the equity in the power generating assets’ company was captured as income in the 2014 Appropriation Law and deployed into funding capital projects as appropriated.” On the salaries of civil servants, Mr. Amaechi stated that they received their March salaries while payment for April salaries had commenced by the time his administration was winding down. On the money owed to refuse contractors and the state owned football clubs, Mr. Amaechi said that he had left instruction at Zenith bank, as at May 27, for the payment of N488 million out of the N1.6 billion owed the contractors. Mr. Amaechi accused the current governor of directing all the banks during business with the state government to ignore his instructions. “The three clubs: Sharks, Dolphins and Rivers Angels were in arrears of 7 months by the time governor Amaechi left government,” the statement said. “Before leaving office Amaechi approved the payment of 7 months arrears to the team but this was held back along with approved payments that the banks did not pay. Until revenue receipts began to thin down from the federation account, the Rivers state government was paying N50million every month as welfare package for the teams.” Mr. Amaechi also said that despite inheriting pension arrears of over N4.5 billion, he left office owing three months of pension arrears to the main stream and two months of parastatal pensions. The former governor debunked claims that he failed to submit handover notes to his successor’s administration. “There is no truth in this as all commissioners and heads of MDA’s submitted their handover notes to the Secretary to State Government who forwarded same to the Head of the State Civil Service as is appropriate,” he said. “Governor Amaechi also directed the Deputy Governor of Rivers State Engr. Tele Ikuru to be the liaison between the outgoing administration and the incoming one. Engr. Ikuru as Deputy Chairman of the state Executive Governor and second man in government had all facts necessary to brief the incoming administration. He also had unfettered access to government house and to every commissioner and head of Ministry Department or Agency.” http://www.premiumtimesng.com/regional/south-south-regional/185593-how-i-delivered-good-governance-to-rivers-state-amaechi.html |
[b]So many fools abound on this thread no doubt...................here are the facts: 1) Wage bill of Rivers ALONE is going close to 9 Billion 2) Allocation from FG at the final year and half of Amaechis govt due to low oil price reduced greatly and was hovering around 8 Billion. Incidentally, it happened at a time when the General of common sense dumbed the killer party. 3) Before the sharp drop in allocation, never was it heard that Amaechi owned anybody, Rivers was smiling greatly. 4) Due to low income, Govt activity and projects greatly reduced and that explains why not much was done in his final year. 5) WIke came in and the first allocation he got in June was 12 Billion 6) In july, WIke got an allocation of 25 Billion 7) The sharp increase in allocation is due to the prudence of General Buhari who has/is shutting down all loopholes despite low oil price. A feat Jonah-daft refused to do. Wike borrowed 30 Billion within 30 days9) In otherwords, wike has no excuse not to pay up all debts incrued. He has the cash to play around with[/b] |
ibietela2:Ibifool, never knew u are this daft. So election held by virtue of thugs chasing and shooting voters from polling unit eh? Its apt to say that u pdp members are killers no doubt. This epitomises ur sense of reasoning. Wikes hallmark. |
ChelseaDr:Get ur facts right...............By the way, did anyone hand over to Amaechi, yet he became the best Rivers Governor in her history. The former governor debunked claims that he failed to submit handover notes to his successor’s administration. “There is no truth in this as all commissioners and heads of MDA’s submitted their handover notes to the Secretary to State Government who forwarded same to the Head of the State Civil Service as is appropriate,” he said. “Governor Amaechi also directed the Deputy Governor of Rivers State Engr. Tele Ikuru to be the liaison between the outgoing administration and the incoming one. Engr. Ikuru as Deputy Chairman of the state Executive Governor and second man in government had all facts necessary to brief the incoming administration. He also had unfettered access to government house and to every commissioner and head of Ministry Department or Agency.” http://www.premiumtimesng.com/regional/south-south-regional/185593-how-i-delivered-good-governance-to-rivers-state-amaechi.html |
ibietela2: Ibifool, ur lineage is entirely cursed. I came out to vote but shepopotamus thugs came with AK47 to scare away voters after which the took away all electoral materials yet khan declared result for my unit. Fool, nothing happened in Dakukus unit because TV crew were there. By the way, did u say that u are a bastard? |
Laredojohn:what else do u want from FIRS if not that. i care less about other peeps views. am attending to u because u keep quoting me. stay clear. |
Laredojohn:U didnt even say anything. whatever issues u have with Fowler, spill it out. He has been tested in Lagos which is a subset of Nigeria and he performed creditably well, the next call is the entire nation. Good decision once again. |
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Wike borrowed 30 Billion within 30 days
What will these almajiris and their dullard from Daura, do next?