₦airaland Forum

victorvezx:
Them also they pray for Niger delta oil, see the way the parasitic biafrans from their 5 landlocked unproductive region wan grab the Niger delta oil..

supranor:
If the Army truly did this then what is the difference between them and Terrorists? I don't want to believe it's the Army..

Sweetle:
That will never happen.

We are not even interested in owning thier oil blocks, they should just stay on their own.

DaBullIT:
If we hear another one especially in the East, we'll know it's for the judge's

PapaBrowne:
Hmmmm. If you read this article properly you would understand the trouble that Buhari has plunge d the country into.

The highlights.

First , based on the article, at 2.4 trillion released of a budget of 6.06 trillion, they have purportedly released (not implemented) just 40% of budget as at September end.
Secondly, the release on the capital expense component is said to be 331 billion which represents just 13% of the total purported release. Worse still, that represents a meagre 5% of the projected budget expense for 2016. I think that's the worst performance ever in the history of governance in Nigeria.

Thirdly, and this is actually the most alarming. Look at this quote below.

In the last one year, our domestic debt profile has grown by 2.2 trillion. Our external debt stock has grown by $1.8billion(N550 billion) since this government took over. That's about 2.8 trillion naira in new debts in the last one year alone.
That's alarming because despite new borrowing of 2.8 trillion, We have released 2.4 trillion. So since all our expense has come from increased debt, where has all the oil money sold over the last 1 year gone too. There's been no subsidy payments for 1 year now, where have all the subsidy savings gone to. There's been "no corruption" for the last 1 year, so where have all the corruption savings gone to.

Something mystical is happening right now and it might just be the biggest heist ever in the history of Nigeria.

Even if we've sold 1.5million barrels per day for the last 300 days at approx $40, that should give $18 billion. If 40% goes to JV partners, we would have approx $11billion left which is Over 3.5 trillion naira. What has happened to all that money.

IAmTobore:
Laff wan kill me die. Those guys go too kill themselves because of d oyel.

notoriousbabe:
my own be sey make everything scatter so dat everybody go find him level. Enough of one Nigeria

jejemanito:
Only People From Taraba State Know Her Rottenly Corrupt That Lady Is

If You're From Taraba State And You Believe Aisha Is NOT Corrupt, Quote Me

izombie:
It will be swept under the rug. Na today?

ednut1:
this is nigeria not america. If it was 77% it will still be spent like the 13%

ednut1:
The FG is cheating the oil producing state, but what have the governors don with the 13% derivation. Ibori, alams GEJ etc embezzle it noni

kropotkin2:
Na lie. D news pain you well well

luvinhubby:
My guy you failed Maths in junior WAEC ooo....

EternalTruths:
The war has started and Nairaland will be one of the battle ground


Afonjas vs Herdsmen

Spectators are Northern Minorities

Referees are SS and SE.

Clinton9000:
Afonja and tomfoolery

John902:
look at the Islamic words written on the Nigerian Army logo...shame to Nigerian at large

DaBullIT:
It's a shame you still think about certification and issues, the same problem Obama had about his birth certificate, some people still doubted and doubted, but in the end they all kept quiet and it took Obama 4 years to present his birth certificate which some people still insisted it was fake


People like you exist all around the world I'm not surprised

DaBullIT:
It's a shame you still think about certification and issues, the same problem Obama had about his birth certificate, some people still doubted and doubted, but in the end they all kept quiet and it took Obama 4 years to present his birth certificate which some people still insisted it was fake


People like you exist all around the world I'm not surprised

slimghost:
Anybody who believes this thrash must be genetically dumb and silly. Lol. So this drama is all about Rivers state? SMH

eejo:
Mr buhari what happened to your brother yobe state judge who took 15 million naira bribe with even evidence of payment my Joy is that on the last day of judgement you account to GOD how you rule Nigeria

richidinho:

SR should also tell us how the certificate forgery case ended, who bribed who, who shed tears and who later presented the certificate before the case was strucked out