₦airaland Forum

N11 Billion Unpaid Debt: AMCON TAKES OVER BEN BRUCE’S COMPANIES



https://17350-presscdn-0-16-pagely.netdna-ssl.com/wp-content/uploads/2015/11/Ben-Bruce-504x264.jpg


The Asset Management Corporation of Nigeria has reportedly taken over all companies belonging to Nigerian seating Senator, Ben Murray Bruce over series of unpaid debts.

The Bayelsa born entertainment guru turned politician has been making news headlines lately for negative reasons. Just yesterday, Thursday, June 22, 2016, e-NIGERIA! gathered that AMCON took over all assets owned by Silverbird Group over unpaid accumulated debt.

Silver bird amconThe companies directly affected as mentioned to our correspondent are, Silverbird Galleria Limited, Silverbird Promotions Limited, and Silverbird Showtime Limited.

The above companies mentioned are owned by Senator Ben Bruce and are said to be owing AMCON the sum of N11 billion which they have defaulted in paying since 2005.

As at the time of filing this report, armed Policemen are standing guard in the facilities and denying people entrance.


https://www.e-nigeriang.com/n11-billion-unpaid-debt-amcon-takes-ben-bruces-companies-e-nigeria/

Okonjo-Iweala warns of economic recession

ON JUNE 14, 20121:22



By Ben Agande Abuja — Minister of Finance and Co-ordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, has warned of a difficult time ahead as she told the Federal Executive Council meeting in Abuja, yesterday, that “government should buckle up and prepare for a possible recession” in the economy.


https://www.vanguardngr.com/2012/06/okonjo-iweala-warns-of-economic-recession/

life is definitely going to get more difficult for the average Nigerian as poverty rate will worsen. There will be job losses as companies operating in sectors where prices cannot be increased anyhow would be forced to scale down operation or close shop. Read more




The effect will be particularly telling on companies that rely on inputs from foreign manufacturers because cost will rise astronomically. “Let no one be deceived, subsidy on petroleum products will also be affected. Already, sellers of Keke Marwa have raised prices. Others in the private sector will soon follow. Goods and services will become more expensive, yet income will dwindle for the average Nigerian


https://economicconfidential.com/features/how-austerity-measure-will-impact-nigerians/

Following the continuous decline of the price of crude oil in the international market, the Federal Government on Thursday said it was preparing additional measures to mitigate the impact of the price drop on the Nigerian economy.

http://businessnews.com.ng/2015/01/17/austerity-measures-coming-okonjo-iweala/

Brace for tougher times ahead, Okonjo-Iweala tells Nigerians

November 14, 2014Premium Times




Nigerians should brace for tougher economic times ahead, the Minister of Finance, Ngozi Okonjo-Iweala, has said as crude oil prices slipped to a four year low on Wednesday.

New York Mercantile Exchange (NYMEX) December WTI oil futures sold at $75.20 per barrel on Wednesday, down $1.98, from $74.96 per barrel the previous day, the lowest level for a most-active contract since September 2010.


https://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html

ernieboy:
oga pls, while l agree that gej did not exactly leave the economy in the best state barely a year after trump took over we can already see the direction and impact on the economy ( even though some of his policies might be counter productive if not modified) it took ur president 6 months to appoint ministers, he led us into a recession and 3 years down the line his economic policies still do not have a clear cut direction. and pls don't bring debt into a discussion involving us( the biggest debtor).

neezar:
I know u are happy concerning the Christian girl situation but what I can only assure u is that Karma will take full force on everyone behind this and it must surely start with u, You will have no helper around.

Continue

omohayek:
If by "excellent" you mean it does an "excellent" job of persuading ignorant Buhari fanatics that their ignorant geriatric of a leader is anything other than a bumbling incompetent who led Nigeria into a deep, completely avoidable recession.

I really hope you're being paid for your efforts to defend the indefensible, because I can't understand how any rational person can so unthinkingly support any party, whether it be APC, PDP, APGA or anything else. Buhari doesn't have the first clue about economics and all Nigerians are paying the price for his ignorance, not just the usual "wailer" suspects, but also millions of hardworking Yoruba people in our own region. I despise GEJ worshippers as much as anyone, but that doesn't mean I can blind myself to the economic stupidity of Buhari's policies (and make no mistake, things would be radically different if Osinbajo were in charge).

onegig:
We have so many arm chair economists in the house.

Join a free trade without knowing the frameworks? And Nigeria did not decline to join , the government just asked for a stay of execution so they could contact our local chanbers of commerce.

As much as the African free trade agreement looks cool on paper. I would rather argue against it. 30 out of 53 countries are French speaking countries and maybe you aren't aware those countries are more like colonies of France. Take a walk through Cote di voire and other African countries and see how their economies are dominated by France. You would be hard pressed to find a single locally made product. Agree to that free trade and you would see the influx of those products into Nigeria thereby killing local manufacturers. Even till today we are still battling smugglers of basic things like Jago milk from ivory coast and what not which we have more than enough manufacturers producing same products locally. We have the population and should dictate trade agreements not the other way round. You guys should learn to criticize and when to atleast keep mum.

Reading through your post reeks of misinformation. Same dangote that has businesses in Mauritius, just opened a cement factory in Congo and has numerous businesses in Ethiopia and other African countries?

Other African countries need us more than we need them so we should dictate the rules and framework and should negotiate from a more leveraged position.

misano:
This has always being APC's problem. U think everybody criticizes Buhari is a PDP member and an IPOB. But D irony is that I was one of Buhari's supporters that voted for him.

Accept it and move on, Buhari is mistake and a grandfather of all failures. There is failure written all over his government.

Very soon U guys will say Bill Gate is an IPOB abi. Useless set of ppl. Their mouth is full of lies and deceit.

misano:
IPOBs keep setting traps for Buhari and he keeps falling into it like a hungry Hausa rabbit. Buhari too mumu, I just can't understand.

misano:
May all Buhari support become impotent...

obrigado080:
How far?
Are u aware that even the deep state agent called bill gates have confirmed what I was telling u. Maybe he is also a bigot full of hate.
Ur sorry ass cowardly avoided that thread, poor you...
Anyway let me refresh ur memory, mr gates confirmed that ur God boo hari doesn,t have what it takes to address nigeria,s problems.
dat's d backwardness I told u about. Nothing can change it, no funding, empowerment etc can change it, cos it is a mindset.
Even if the north remains in power till 2027 they would still remain backward. because of the mindset of people like buhari - thy lord and saviour...
Is it still confusing for u too comprehend?

Yorubaskullmine:
Deomello why can't you condemn evil for once. Why is your ssoul this dark.

misano:
GEJ was a bad leader, I agree. But Buhari is not even better. He is as useless as D rest after shouting "change" during his campaigns. Useless hegoaat.

tope777:
This is for you sir.

Gowon Yakubu shared in his facebook page list of achievements by past leaders irrespective of corruption. There was corruption in Nigeria when Awolowo built Cocoa House, TV station and the first university in Africa

There was corruption in Nigeria when IBB built Third Mainland Bridge, built Aso Rock, National Assembly Complex, turned Abuja into our Federal capital territory.

http://www.newslinknaija.com/2018/03/politics-gowon-yakubu-blast-buhari-stop.html

There was corruption in Nigeria when Obasanjo brought Gsm, banking reform, police reform, civil defense, There was corruption in Nigeria when Jonathan introduced BVN and PVC, built 12 new federal universities, revamped railway lines, made Our economy fastest growing in Africa & third in the world.

http://www.newslinknaija.com/2018/03/politics-gowon-yakubu-blast-buhari-stop.html

If anyone tell you the reason Buhari is not working is because he inherited corruption, tell them great leaders don't blame people and events for their failures. They simply accept responsibility and move on. Ask them, what has Buhari done after all the fake promise of fixing power in 6wks, reducing pump price to #45 naira, making N1 equal to a $ 1, stopping Boko Haram etc. It's a shame.

The inferno truth is, corruption started from heaven when Satan violated a privilege given him. That never stop God's works.

He waited for God to create man and brought his lawlessness and corruption into the garden of eden.

God wasn't moved. He introduced a redemption plan. The Savior was born. Sadly, Judas Iscariot was there. 

Not discouraged yet, He gave us God the Holy Spirit.

If anyone tell you the reason Buhari is not working is because he inherited corruption, tell them corruption is rooted in the DNA of homo sapiens ( Latin: wise man ) because we are just mere mortal infected with a virus of good & evil.

Yet, great leaders don't blame people and events for their failures. They simply accept responsibility and move on.

#InecWillNotCountPrayerPointsButVotes. Please, strive and endeavor to collect your PVC.

SouthEastFacts:
They blew up mosque because they were cursed by Adeboye and other top men of God after a special prayer session against them. Since that day till date, those Jihadists have gotten the road to a church.

Cooly100:
Why didn't the Muslims pass fathawu on them and also mobilize fighters to destroy those spoiling their name.

If you can pass fathawu on the cartoonist in Denmark...why not fight these people killing muslims too

Herdsmen:
Can an afonja survive without skull mining and rituals?

Enugu ‘ritual’ killing: 5 more skeletons discovered, victims identified *Keke riders mourn



About five more skeletons were said to have been discovered at the site of the church building where three bodies of victims of suspected ritual murder were exhumed on Tuesday, before a shocked community.

With the full identification of the victims of the alleged ritual murder buried at the church building site in Ugwuaji, a suburb of Enugu metropolis in the Enugu State capital, members of The Tricycle Riders’ Association (TTRA), otherwise known as “Keke Riders,” called for the full weight of the law to be met on the perpetrators.

The call came on Wednesday, when the executive members of the association, visited the Central Mosque, at Asata, Enugu, where the victims named as Babangida Sale, Ashahabu Dauda and Ismahil Abdulahi, worshiped, on a condolence visit.


https://whirlwindnews.com/news/4054-Enugu-ritual-killing-5-more-skeletons-discovered-victims-identified-Keke-riders-mourn-

Cooly100:
You don't need all that...the below is sufficient....

According to UNICEF, statistics showed that 37 per cent of children representing over six million are malnourished.
She disclosed that the 17.2 million figure represents 43.6 per cent of an estimated 40 million Nigerian children under the age of five years, adding that 19.4 per cent children in the South-west are stunted resulting from malnourishment.
“This is worse than the South-east and South-south but better than the North. And we must do more as agenda setters to keep this issue on national discourse and help reverse the ugly trend,” she said.

http://www.thisdaylive.com/index.php/2018/02/27/17-2m-nigerian-children-suffer-from-stunted-growth-unicef-says/

The Observer has obtained an astonishing and disturbing video that Cambridge Analytica used in the campaign.

“Coming to Nigeria on February 15th, 2015,” the voiceover says in the manner of a trailer for a Hollywood movie.

“Dark. Scary. And very uncertain. Sharia for all.” And then it poses the question: “What would Nigeria look like if sharia were imposed by Buhari?”

Its answer to that question is certainly dark. And scary. It’s also graphically, brutally, violent. One minute and 19 seconds of archive news footage from Nigeria’s troubled past set to a horror movie soundtrack.

There are scenes of people being macheted to death. Their legs hacked off. Their skulls caved in. A former contractor said: “It was voter suppression of the most crude and basic kind. It was targeted at Buhari voters in Buhari regions to basically scare the poo out of them and stop them from voting.”

dealslip:
He can't produce any facts. He is just regurgitating the same thing. Coward

deji17:
Bro, this thing you are doing, is painful to losers.....
When you give Cambridge Analytica $3m and still lose the election.

dealslip:
Hahaha! You have started running away. did your Messiah support BH or not?

dealslip:
Lol! IPOB indeed, I am not even in anyway related to SE. Documented facts ko fabricated facts ni. You are the most hate filled bigot on this forum. You will rather die than accept the truth. PMB is plain evil or didn't he make the statement, 'an attack against BH is an attack against the North'. Isn't that documented too

dealslip:
Abeg waka was it not this PMB that said an attack against BH is an attack against the North. As he was funding and supporting the BH organization in their continuous maiming and destruction of lives, the pictures were compiled for the world to see the atrocities of your idol. All your jargon about incoherence and semantics would not stop us from pointing out your PMBs attrocities. Reserve your propaganda for your almajiris. Thank you and have a good day

alablec:
Many of these guys from the 'other side' actually worked and still work for Cambridge Analytica company with their bloody lies every day.
Having been shared parts of the loot or because of their hero's defeat, they don't want to see any good thing in Buhari's government.
Just look at Dapchi Girls' situation; initially they were happy that girls were also kidnapped under this administration but they have been very very angry since their release.
They are not just hating Buhari and his friends, they are enemies of state!

dealslip:
Deomelo, all of these rants were plain distracting techniques. Personal records especially Financial records are the easiest to detect the activities of a person. Receipt of funding from ISIS would reveal a person to be a member or executors of the policies of ISIS. Now where such is for example found in the financial records of say a person like Buhari, would you still need a prophet to tell you that such a person is a terrorist. Back to the personal info on PMB, what this people discovered when they hacked Buhari's info was so freaking scary to them, they wished they were never involved. Please stop pretending PMB is some Angel, the guy has brought double tragedy on Nigeria. Fulani herdsmen slaughter Nigerians everyday, while he keeps giving silly excuses. Please don't sit there and pretend PMB is some unfortunate and helpless victim. He is wickedness personified. Bye

Penalty82:
Lies.

Boko Haram started in 2002 under OBJ.