Dotman01's Posts
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FACE:U've said it all, they know the right to do, but they are really making money from it. . . . So we shouldnt expect any miracle from this govt?. . . Chei. . . All na the same, since '99 |
Olaisrich:Oga, are u sure about this? Am afraid there wont be any change to what we've bn witnessing since '99 , PDP will always be PDP no matter what. |
hercules07:indeed jona's paying him back big time. 74 percent profit is damn too much, the queston is. . . .is this how jonathan's going to pay the masses back?, so people just stood inside the sun and rain to cast their votes for this? . . .Walahi Nigeria is in BIG trouble. |
Price of cement has risen by 100% in the last 6 months, thanks to these guys, Cost of building, renovations etc has obviously been affected. May God deliver us from the Economic tyrants of the Land. People are crying, a few others are declaring Huge profit!!. |
Dangote Cement Plc has recorded a profit after tax of N106.6bn for the financial year ended December 31, 2010. This amount represents an increase of 74 per cent or N45.2bn over the N61.4bn recorded in the similar period of 2009. The company’s results released to the Nigerian Stock Exchange on Wednesday, showed that its turnover increased by 6.8 per cent or N12.96bn from N189.6bn the previous year, to N202.56bn. Accordingly, the company has recommended a total dividend payout of N65.84bn for the financial year, translating to N4.25 per share. It stated that the package comprised an interim dividend of N2 per share paid in the period ended September 2010, and final dividend of N2.25 per share. “The interim and final dividends are part of the group’s strategies of enhancing and growing shareholders ’ value through consistent dividend payment,” the statement added. The statement quoted the President, Dangote Group, Alhaji Aliko Dangote, as saying that the significant contributions of the new cement line in Obajana and the anticipated commencement of production at the six million metric-tonne in Ibeshe later this year, would positively affect returns on shareholders ’ investments. The statement quoted the Special Adviser to the President, Dangote Group, Mr. Joseph Makoju, as saying, “ This impressive result for the 2010 financial year, when viewed against the background of the relatively stable environment of 2010, is not unexpected as the supply and cost of major input of cement manufacture, such as natural gas, LPFO and diesel were relatively stable.” He commended the Federal Government for improved environment in the Niger Delta, the major source of energy driving the nation ’s industrial sector, in the face of competition from cheap but low quality imports, being dumped in the Nigerian markets. “Nigerian manufacturers need predictable, stable and realistically priced supply of gas, fuel oil and diesel to keep their energy cost low and, ultimately, the end-product pricing competitive, ” he said. The statement noted that the latest ranking of Africa ’s Top 50 Companies, released by IC Publications, publishers of the London-based African Business magazine, indicated that Dangote Cement had a total market value of $ 12.2bn, as at mid-March 2011, making it the largest company in the entire West African sub-region.[b][/b] |
Dotman01:. . . Dangote? |
All these ministers involved should just die in jail. Abi mr president sef want tell us he doesnt know about this?. . . SMH for nigeria. |
The price of cement that recently hit all-time high of between N2,700 and N3,000 was the handiwork of a cabal that was interested in making undue profits from the locally-made variety of the commodity, Sunday Tribune has learnt. Although the Federal Government has already issued a deadline within which the price of cement must come down, failure of that directive to have potency might spell doom for the Federal Government Housing Policy. A cement manufacturer who is also the chairman, Cement New Entrants Forum, Prince David Iweta, disclosed this to Sunday Tribune at the weekend, while speaking about the growing concern among the masses over their inability to buy the commodity. Iweta disclosed that a particular cabal had, last year, hoodwinked the Federal Government into increasing the duty and levy on imported bulk cement from five to 15 per cent and introducing a certain Cement Technology Levy (CTL) of 20 per cent, adding that this caused the total levy on imported bulk cement to 35 per cent. He said unknown to the Federal Government, the target of this cabal, members of which are major players in the cement industry as well as local manufacturers, was up the price of imported cement and surreptitiously increase that of locally-produced ones too so as to swindle unsuspecting consumers. “I warned on this outcome when the Ministry of Commerce and Industry, in collaboration with the Ministry of Finance, recommended to the President to approve an upward review of duty on imported bulk cement from five per cent to 15 per cent and further introduce Cement Technology Levy (CTL) of 20 per cent; this made the duty and levy to go up to 35 per cent. “This happened late last year and the effect came up this year. This is supposed to affect imported bulk cement only and not locally manufactured cement. The game plan by the cabal was to enable them to cash in on the increase on imported cement to hike the price of their locally-manufactured cement; to equate it to the cost of imported cement at N1, 700 at the factory gates of local cement manufacturers. “This would also enable them to make abnormal profit to enable them to pay off their bank loans within two to three years as against long-term repayment of capital project funds of 10 to 15 years,” he said. The industrialist added that Nigerians should not listen to some stakeholders in the cement industry who attributed the exorbitant hike in the commodity’s price to problems of Low Power Fuel Oil (LPFO) from the Kaduna Refinery and the price of diesel that had gone up to about N140 per litre, disclosing further that the Federal Government had, long ago, approved exclusive importation of LPFO, with special duty concession, to cement manufacturers. “They should not cite the problems of Low Power Fuel Oil (LPFO) from Kaduna Refinery and price of diesel at N140 per litre as reasons for sharp increase in price of cement. The Federal Government had long approved the exclusive importation of petroleum products, particularly LPFO, with special duty concessions for cement manufacturers. They should stop passing the buck over possible inability to bring cement price down to N1, 000 by local manufacturer before the 30-day deadline. “I want to state here that with the deceitful plot by the so-called cement manufacturers and the fake figure given for local capacity in cement production, the Federal Government will not achieve 10 per cent of its programme of housing for all. “Therefore, I make bold to say that such programme will end in futility, except the Federal Government makes deliberate efforts to discard the tissue of lies and misleading information coming from the so-called cement manufacturers. “Our own association was empowered by late President Umaru Yar’Adua, who deemed it necessary to break the monopoly in the cement industry by granting six companies Special Cement Import Permit to crash the price from N2, 500 it was then to between N1, 400 and N1, 600. “It remained at these prices before the appointment of the minister, who aided the cabal in what led to the current high price being experienced in the country. It was the good effort of the late president that supported many cement stakeholders who had been denied access to Cement Import Permit from 2002 when the cabal came into force in Nigeria and was supported by the government in power from 1999 to 2007. Therefore, our presence created fear in the minds of the cabal as price became stabilised and came as low as N1 400 per 50 kilogramme bag,” Iweta explained. He, however, said there was hope that situation would come to normal, if government could reverse levies on imported bulk cement to five percent and approve the licence of some cement companies which applications were currently with the Ministry of Commerce and Industry, adding that it was even possible for Nigerians to buy cement for as low as N700, as obtained, according to him, in countries like China, Liberia and Turkey. “The Federal Government’s directive that the price of cement must come down to N1, 000 per bag is very possible, particularly for locally- produced cement, while imported cement could be around N1, 400 per bag, if the duty remains at five per cent on bulk cement. The claim by cement manufacturers that price of LPFO and diesel for transporting cement from their factories to consumers is responsible for price hike is a bundle of lies. “What is the price of diesel in China? What is the cost of diesel in Liberia? What is the price of diesel in Turkey? What is the price of cement in these countries? It ranges from equivalent of N500 to N700 per bag from their local plants. “Therefore, the so-called cement manufacturers have no business selling locally-manufactured cement above N700 per 50 kilogramme bag. I stand to be challenged and I am ready, willing and able to defend this position. There are facts and figures to support my position. The cement manufacturers are robbing Nigerians by over 100 per cent. “To prove my case, only a few days ago, a member of the Cement Manufacturers Association declared financial statement for a three-month period and there was a gross profit of over 60 per cent as well as a 51 per cent net profit. Let the economic advisers to the president analyse this account and come up with a report on whether or not this is good for the country. “There is nowhere in the world today where this kind of profit is recorded and even from a product over which the masses are crying of high price. It has taken government a very long time to issue this directive because the cabal, with the aid of the ministry, has continuously told the public and the president that the country has attained self-sufficiency in local cement manufacturing and will start exporting by 2011 to African countries; these are in all national dailies and are lies. ” |
continue reading it here: www.vanguardngr.com/2011/05/obi-zoning-not-in-jonathanigbo-govs’-deal/ |
Governor Peter Obi of Anambra State provides some insight into the deal President Goodluck Jonathan had with governors of the South-East geo-political zone ahead of the April polls vis-a-vis the raging controversy over zoning. Obi also speaks, in this interview, on issues relating to the polls, his administration and the Anambra polity. The Ikemba, Chief Odumegwu- Ojukwu, is a formidable force in Anambra politics. He was around during your re-election, when he asked Igbo to vote for you as his “ last wish”. Unfortunately he was not around during the last election. To what extent would you say his absence affected the outcome? Well, he was around in 2003 when we won our victory. He was around in 2007 when we won everything and were denied everything. He was around in 2010 when we won the re- election. This time round, he was unavoidably absent because he was not well. If he was around, he wouldn ’t have changed the result of the election. Whether he is there or not, people know he is with us. They see him in me. Taking your performance into account in the last election, how do you see the All Progressive Grand Alliance (APGA) in the next four years, especially in the South-East? Our party is entrenched with the people of Anambra State. Look at all the big names. How many of them are with APGA? All these big names are on one side. For us to win them in the 2010 election and this recent one where we took the number we did, this will tell you that we are more formidable than most people think. Remember we were operating with zero number of members of the House of Assembly, zero number of members of our party in the House of Representatives, zero in the Senate. To have come from there to here where all the heavyweights could not stop us, then you can conclude that this party ’s growth is on the upswing. *Gov Peter Obi People have this impression that you have not done much to contribute to the growth of APGA in the South-East all these years, unlike Bola Tinubu, who has now recovered the South-West from PDP and is forging ahead in other parts of the country with his Action Congress of Nigeria (ACN). You did not seem to have done much in terms of financing your party outside Anambra State. I won’t say much about my contributions to the growth of the party financially. If you measure the income of Anambra State and compare it with the income of other states, then you will be amazed at how much we have been able to do in developing the state, and why we may not be as free with political funding as others. In Nigeria, we don ’t compare like with like. You don’t compare New York Times with a newspaper in a small state like Arkansas, which has a budget about a 10th the size of the budget of New York. People like to compare one state with another without looking at the relative monthly incomes each of them has to “play” with. If you compare what some of the big- budget states have done with their income and what we have done with the little we get, you will agree with me that we have done far better than some of them. You have to look at other factors attached. Some of these governors were in office for eight unbroken years without being impeached. Our mandate was stolen. When we eventually recovered it we were impeached. We have suffered an uncommonly hostile political environment here, but I ’m glad we are now on the move. Even Ikemba faced a similar problem. He was never able to win elections, even in Nnewi, his local government area. In 2003, we lost; in 2007, we lost. During the re-election, last year, we lost. But, during the 2011 general elections, we won in Nnewi. For you to know how strong you are in the state as a party, there are key areas you have to win. Awka North and South Federal Constituency we won, Onitsha North and South Federal Constituency we won; Nnewi North and South Federal Constituency, we won. These are the key areas of the state. We ’ve done very well as a party, and someone was responsible for the effort, together with the rest of the party ’s leadership. I want to take you away from elections stuff. In the build-up to the elections, APGA came out and endorsed the PDP presidential candidate, Dr Goodluck Jonathan. You said the endorsement was based on an agreement with the president. PDP has decided to give the Speaker, House of Representatives to the South- West against the wishes of the South-East. The question is, what was the deal? We made that endorsement based on a deal we had with President Jonathan. The South- East agreed unanimously not to contest the post of the presidency and the vice-presidency. We agreed to support a candidate who best accommodates the interests of the South-East. When we looked into the programmes of all the candidates, their promises, what they said they would do, we were persuaded by the prospects of Jonathan. So, we called on our people to support him, and our people came out in large numbers to support him during the presidential election with five million votes from the South-East alone. The question you asked is, what deal did we agree with the President. I have to differentiate between the deal we, as governors and leaders of the South- East had with him and the internal PDP arrangement on zoning of political offices. When we were talking with Jonathan, we were not talking about the PDP zoning formula for sharing political offices. What we concerned ourselves with was what was there for the people of the South- East; what was there for the people of the country at large. Throughout his campaign, he stressed he would make sure that the Enugu Airport is converted to an international airport because the people deserve it. He said: ‘I will build the Second Niger Bridge, I will help tackle erosion, which is a big problem in the zone, I will increase power generation and extend it equitably to the South-East because your people are entrepreneurs ’. These are programmes that will impact directly on the people of the zone, and the country at large. And he is already doing some of these things, just as agreed. You should be asking PDP leaders from this zone what they have gotten for their people. I didn ’t go there looking for what individuals will benefit. I was thinking of what will benefit my people. Any road you pass through in Anambra that is not good today is a federal road. These are things he promised he’d do. These are things I’ll want him to do for our people. It is our brothers and sisters who are members and leaders of PDP that will have to bother about office sharing. |
1. money 2. sex 3. money 4. sex 5. money |
if i dey piss u off. . . go wee wee ![]() |
QUOTE: Ajimobi said: "Anyone living legally in the USA is issued a social security number. It is not a symbol of citizenship of the country.". . .okay i gat it just becos he has ssn they thought he's us citizen? . . . honestly PDP members are fo.ols |
Oyo State governor-elect Senator Abiola Ajimobi has said the decision of the Peoples Democratic Party (PDP) to challenge his victory at the Election Petition Tribunal sitting in Ibadan, the state capital, would be an effort in futility. Ajimobi spoke yesterday in a statement by the Publicity Director of his campaign organisation, Mr. Yanju Adegbite. The PDP had on Wednesday urged the tribunal to nullify Ajimobi ’s election, alleging that he holds the citizenship of the United States of America (USA). It said possession of dual citizenship is against the provisions of the Nigerian constitution for governorship candidates. Ajimobi denied the allegation, saying Governor Adebayo Alao-Akala and the PDP were embarking on a wild goose chase. He said the social security number, which the PDP claims confirms his citizenship, is given to all legal residents of the United States. Ajimobi said: "Anyone living legally in the USA is issued a social security number. It is not a symbol of citizenship of the country. "The allegation shows the level of ignorance, mischief and desperation of the losers. I assure the good people of Oyo State that I am not a US citizen. I am a full citizen of Nigeria. "The petitioners have always failed in their attempts to truncate the wishes of the people and they will surely fail again. It is unfortunate that people are abusing the court process with falsehood." The Nation gathered from a reliable source at the Independent National Electoral Commission (INEC) that another petition filed by the Action Alliance (AA) against Ajimobi would not succeed because INEC deliberately omitted the party’s logo from the ballot papers for failing to meet all the requirements for the governorship election. The source said: "They did not meet the legal obligations for the election. The party did not file all the required documents; neither did it hold any primary supervised by INEC. That is why the party ’s logo did not appear on the ballot papers used for the election." Ajimobi said he was not bothered by the petitions because they were unfounded. |
honestly these guys are muderers! . . .lol |
Alxmyr:. . . i think u shuld show us the link in d constitution. . . arnold the former california governor was born in europe |
the funny thing is most of these so called outsider would prefer to build house in their village when the opportunity comes. if they really blv they are lagosians they should at least build bq nah 4 lagos. |
i just asked a friend of mine where is he from. . . .he said enugu. . .and he was born and bred in ibadan. . . .abi our hausa gate man that has bn living here since 80s can claim hes an ibadan indigene?. . . .dnt let us decieve our sef again jare naija na answer ur papa name country. |
corpers life - 5 million while nass - uncountable millions |
blink182:. . .wat do we really expect from leaders fightin over zoning, leavin far more important issues to attend to. |
like??. . . soon we will see 'follow' or 'twitter' |
An Israeli couple have named their baby daughter Like, taking inspiration from the Facebook social networking site, Israeli media say. Lior Adler and his wife Vardit said they were looking for a name that was "modern and innovative". Facebook allows users to "like" their friends' statuses, pictures and posts. Like Adler's father said originality was a key factor in the choice and said he had checked no-one else in Israel had the same name. "In our opinion it's the modern equivalent of the name Ahava [Love]," he said, according to Israeli newspaper Maariv. "It's just my way of saying to my fantastic daughter, 'Love'." According to the Haaretz newspaper, the most popular names for girls in Israel currently are Noa, Maya and Tamar. Like, however, will not be alone within her family with her unusual name. Both parents enjoy cooking and named one of their daughters Pie - using the English word for the name - and Dvash, Hebrew for Honey, according to Maariv. Like's father said that when he announced her arrival on Facebook she was very popular. "When I posted her picture and name on Facebook I got 40 'likes'," he told the newspaper. "Considering that I have only a little more than 100 friends on the network that's a lot." |
When is george bush coming. . . Mr.Gej is expecting you |
so we nw need some people to lecture our leaders how to govern. . . . geez am pissed! |
Two ex- governors from the U.S. and other facilitators are to lecture newly elected governors in Nigeria at an induction course before their inauguration on May 29. Mr Asishana Okauru, Director- General of the Nigeria Governors Forum (NGF), disclosed the plan said in Abuja on Monday. He said the three-day induction course, which would commence on May 18, would attract local and foreign facilitators. He said the NGF secretariat had the full cooperation of all stakeholders, adding that facilitators for the induction had started arriving in the country. “Mr Bill Richardson, former Governor of New Mexico, and Mr Douglas Wilder, former Governor of Virginia, under the Democratic Party, would serve as facilitators at the induction, ’’ Okauru said. He said Wilder was expected to arrive in Nigeria on Monday, while other facilitators were Mr Howard Jeter, former U.S. Ambassador to Nigeria, and three former Chiefs of Staff in the U.S government. He said the former governors, Alhaji Bola Tinubu of Lagos State, Mr Donald Duke of Cross Rivers and Alhaji Ahmed Makarfi of Kaduna State had also been contacted to act as facilitators at the induction. Okauru added that the governors of Rivers, Delta, Jigawa, Sokoto and Lagos State would come in as participants and facilitators at the induction. He said the American Governors Association (AGA), which the NGF was modelled after, had provided it with materials and human resources to facilitate the induction. “If you look at what they have done in putting the materials and personnel together, you will realise that they have done a lot. “What they have done by helping us contact some of these governors and bringing them on board would have cost us lots of money but they did it for us and also provided us with classified materials, ’’ Okauru said. He said that strategic and technical assistance was more important to the secretariat and the governorship institution than monetary assistance. He said the NGF arranged for the newly elected governors to meet with development partners during the induction. He said the induction would be televised live and that President Goodluck Jonathan was expected to deliver a speech at the event. He said the chief executives of various agencies were expected to talk to the governors on pertinent issues relating to good governance. Okauru explained that the essence of the induction was to give the new governors a proper footing. “ We want them to be properly guided and exposed to best practices before assuming office. This is not just another theoretical talk shop. “They are coming to talk to the newly elected governors and returning governors about the challenges they could face and how they could address them, ’’ Okauru said. He expressed optimism that the induction would completely rebrand and deepen the country`s democracy as well as enthrone sophisticated leaders in terms of knowledge. “It will make our governors better leaders and administrators and expose them to ways of handling unemployment, health and other social issues, ’’ Okauru noted. He disclosed that the induction was an initiative of the 36 governors. (NAN) |
barnabasj:. . . oh boi nigeria is in trouble |
revolt:. . . hey so the sgf is going to be promoted to the post of president right?. . . .smh |
joecrack:. . . . hmmm. . i believe its like this. . president-100 obj boy. . . s/p-120. . speaker-200. . .sgf-120 |
playmode:. . . .correct |
Dotman01:. . . 2mch. . .oya answer my questns na. . . haba |
Beaf:. . . gej can do without the sw? seriously why are u bringin dat up. . . is sw nt part of nigeria again? all because dey are nt in d same party wit d president?. . .so u dnt like d opposition as it is nw? and pls answer my initial questns. |
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