₦airaland Forum

lordkhalifa:
Buhari’s
current economic policies are
similar to those he promulgated
during the military regime he led
in the 1980s, Buhari’s
“archaic” and “opaque” economic
principles are not only
encouraging massive corruption
and abuse of power, but also
hurting the poor they were
intended to help. “What did not work in 1984 cannot
possibly be a solution in a global
economy that’s much more
integrated.” Buhari
was rehashing the same
“command and control” approach
towards economic issues which
has left the country’s economic
indices worse off since he
assumed office more than a year ago. “In
a year we have lost the single
digits inflation status we
maintained in past
administrations.” comes into this
economic philosophy on the
premise that he does not want the
poor to suffer. I can relate to that,
a leader must not allow the poor
to suffer, especially a leader who
knows that most of his votes
came not from the elite but from
the poor.”

Try to see things from the economic perspective, not political. Oil prices plunged from >USD130 during the Jonathan era to <USD30 under Buhari. Buhari did not influence the fall in oil prices. Nigeria makes almost all of its money from oil. When there's no oil, there's no money! Simple! We now have to ration the little money we have to take care of our wants. That is why the value of the naira has fallen, because there is a mad scramble for the very little dollars available.
We used to import almost all of our rice and other foodstuffs when oil was >USD130. We cannot afford to do so now because there is no money! That is why the price of imported rice and other essential commodities has increased. Not because Buhari is wicked and increased the prices.
I think people who are learned and who went to school should understand the issues and stop all this nonsense about Buhari. Its getting irritating.

These MAN and TUC people should tryy to be pragmatic and realistic. Our economy is going through the oil price shock. We simply do not have enough dollars to meet our expenses. No savings whatsoever! Most of these job losses are from import dependent sectors.
Its either we stay as sitting ducks and wait for oil prices to rebound or we adopt demand management and improve oue capacity to generate dollars from other sources apart from oil. This takes plenty of time, not one and a half years. These people should not just be making noise for the sake of it

KingRex1:
Just thinking.. Kuwaiti dinar is the highest valued currency in the world, while crude oil accounts for over 90% of the country's export, it also lives mainly on imported products.

How is that? And why are we (naija) here?

They put aside enough money for the rainy days which have now come. They can continue importing because they have the dollars to do so. Nigeria put NOTHING! aside. Our Phd holder was busy sharing our commonwealth with obas and his PDP people.
That's the difference..

I remember when there was rejoicing in the Senate after the National Assembly succeeded in getting rid of Ibrahim Larmode on thrumped up charges. They had no idea Buhari had another mad Ibrahim in the works for the EFCC. Magu is going to terrorise those people till they vomit everything they stole. They will regret getting rid of Larmode in the first place.

Redoil:
all the apc attack dogs included.
Duni04 the judges reported the bribry to their supperior in feb this year

Both judges alleged that they reported "verbally" not officially. Their supposed "verbal reporting" is just lying while attempting to save their skin. What is the chief justice of Nigeria supossed to do with verbal reporting?

For two judges to come out and openly indict themselves like this means they are obviously as dirty as they've been painted. It is a criminal offence not to report any attempt to coerce you as a judge. Of what significance are their allegations when Ameachi didn't even bribe them?
We all remember some time last year when Wike went directly to the office of the Chief justice of Nigeria in his very bold and audacious attempt to compromise the then awaited judgement of the appeal court concerning the elections in Rivers.
Imagine a burgler caught burglarizing a house confessing to the police that someone else tried talking him into burglarizing another house and he refused. Does that in any way absolve the burgler of the crime he has just committed?
I just hope thise criminals are charged to court next week as planned. And the press too should stop giving those scumbags the avenue to expose their stupidity the way they've been doing.

I always have my way of silencing those Bini people when that "who came first" argument comes up: why is it that the heads of all Bini obas are buried in a shrine in ile-ife if its really true that oduduwa was a Bini slave? Why bury a kings head in a town founded by his supossed "slave"?

They all shut up after this..

locodemy:
Those same monikers has started appearing one after the other.......one day we go end up finding out those pretending to be women are men in our midst.......I urge everyone to be careful of sharing email,telephone numbers and other infos........most guys you see here are fraudsters and i must attack them as the lord giveth me strength.

Very true. But you too, you're a drama king. Most of us here know the real and the fake. Just waka pass, sift through and ignore.

Like play like play, things will start getting better in this country after 1 and a half years of change. Yes prices have skyrocketed, yes people are hungry but we must also remember where we're coming from. We're coming from an era where almost half the Country was captured by boko haram and school girls were abducted overnight. We're coming from an era where the President and his ministers and party faithful sat down and shared money meant to excute a war. We're coming from an era of endless fuel queues and subsidy frauds. We're coming from an era of purchased judgements and judges. We're coming from an era where the president went on national television and said stealing government money is not corruption.
In less than 2 years, people are returning to their homes in the North east, the dynamites and bombs in the delta have all but quieted and farmers are returning to the farms countrywide. The abducted girls are returning home. Things can only get better. I'm very optimistic for the future of this country. Things are indeed changing.

MadamExcellency:
She went to withdraw money herself not by a third party hence this has nothing to do with your so-called placement of "no debit order". Secondly, EFCC has no right to place such orders on a personal account with N200,000 balance.

The EFCC has the right to freeze and investigate any account under investigation. You should read the law books instead of coming online and confusing people with your ignorance. If you like leave N2000 in your account, as long as you're doing something illegal or criminal with that account the EFCC has the power to freeze it.

erico2k2:
let me follow up what you just said
Do banks have the mandate to detain a person in Nigeria
And since when

Banks have the power to notify the authorities when any suspicious activity is detected on an account. Mrs fani Kayode, like the report said got anxious after she wasn't being attended to. After she enquired why, she was told it was because the EFCC placed a "suspicious activity"order on the account. Meaning the authorities must be alerted when any activity is detected on the account. Mrs fani Kayode quickly mobilised her criminal minded friend, Mr Fayose whose accounts are also under investigation and have been blocked for money laundering (birds of the same feather... ).
Back to your question, yes banks have the mandate to inform the authorities and keep the criminal operating any criminal accoubt till the appropriate authorities. arrive. Why do you think kidnappers don't go to the bank to withdraw their Ransome money?

I'm 100% that that account in Access bank is a criminal account used in money laundering and the EFCC placed a no debit and "under investigarion" order on it. The officials at access bank contacted the EFCC after they found the real owner of the account.
Please Nigerians should note that Access bank detained Mrs Fani Kayode not the EFCC. Thank God Fayose's spokesperson said this much. Why would access bank detain an "innocent woman with a baby" for no reason?unless she was operating a criminal account. This is the second time in 2 weeks that a PDP governor will "rescue" a criminal from the arms of the law. Wike similarly "rescued" the bribe taking Justice Liman from the DSS who were executing a valid search warrant.
The forces against us in the country are many and dark but we will overcome them one by one. Darkness can never triumph over light!

World over, even in the almighty USA, judges residences are routinely raided. The FBI or Scotland yard doesn't have any regard or respect for any corrupt judge. Why is it in Nigeria where we have a serious corruption epidemic that people are crying for us to respect the "big man" judge or the "judicial institution"
The saddest part of this is that the people who have been victims of this corruption, the Nigerian masses, are joining this stupid chrus of "respect the judiciary". It really saddens nt heart. A judge who is building an estate in Calabar with tax payers money (justice ngwuta) obtained from bribes has no self respect or regard for anyone. Why are you the Nigerian masses respecting such person?

You need to be a lawyer or know someone who knows one to understand the level of corruption in the judiciary. Go to igbosere or the FHC Abuja and see how judges are exchanging Ghana must go bags. The NJC has done absolutely nothing! Before now to stem this tide of corruption. This is because these corrupt people have their friends and business partners sitting on the NJC. Extraordinary circumstances demand extraordinary measures. Justice Pindiger who was cleared by the NJC of corruption will now have to explain how he came about the money found in his possession after the DSS raid. Wike's involvement in this scandal has done nothing but convince me that our judges are indeed stinking with corruption.
Nigerians should realise that we are dealing with extremely dangerous, evil and corrupt people who will do anything to maintain the status quo. They have everything to lose in this war against corruption. That is why they will decend to the level wike did last week. Fayose is another thief that will rather bring down the entire Ekiti state than be caught.

Fidelity diving below 1yr low.

I'm very scared of the girls we have in Lagos these days. They're into so much bullshit. Na to go deeper life go find wife now. Lagos girls are completely finished!

Again I repeat, the level is illiteracy in this country is alarming! The FG only withdrew the case in the first place to make amendments and file again! This was explicitly stated when the case was withdrawn last week. But the illiterates on Nairaland just jumped on the headline and started condenming Buhari for compromising with Saraki......when they won't read the full story!
Illiterates everywhere!

This guy always says there is no money to complete the mono rail in PH but he has money to splash on hosting that useless NBA conference which gulped more than N500 million, he has money to bribe supreme court justices with N900 million. He also has money to splash on soccer players who are contributing nothing to the Rivers state economy in this recession. I pity the unfortunate people of Rivers that voted this man as their governor.

Wike the thug and killer in Rivers state leaves his house at 1am in the morning to go and "protect the rule of law" like he put it and people seriously believe him? According to the account I read in the Punch, search warrants were produced for all the judges homes that were searched. Wike obstructed the DSS from executing a valid search warrant because he knew they would find the money he used to bribe Justice Liman. He knew they wouldn't be able to arrest him because he's a governor.

I don't understand why people are screaming "illegality" or "illegal raid". People should google what a sting operation is. sting operations are carried out world over to prevent suspects from tampering with evidence or running away. The FBI does it, the FSB does it, why should our DSS not do it?
None of the judges,including that criminal Justice Liman has come out to deny that money was found in their houses or that search warrants were not produced before their houses wee searched. Why are people here now concluding that search warrants were not produced?
We should stop condoning corruption and corrupt practises in this country.

People just think about it. Peter odili went to court to secure an order barring anyone from investigating him. Same thing that criminal Igbo woman, oduah did. Various election petition tribunals especially in Rivers state, were compromised. These judges are pure criminals. These raids are even belated. More homes need to be ransacked, more soakaways need to be opened and more bedroom doors knocked down. These crimanal udges and their loot must be found.

This thread is the biggest exposè on the level of illiteracy in Nigeria. Everybody just jumped on the headline and deliberately, or true to their illiterate nature, started bashing Buhari.
The charges are being amended! It means the prosecution wants to tighten its case against Saraki by withdrawing the weaker charges they initially filled and replacing them with stronger ones. I read from page 1 to 4 and nobody could point that out. Shameful!

Good job, travelling abroad soon, very young....and you're at the crossroads because of a woman? A Nigerian woman! Someone needs to reset this OP's brain.

gypsey:
i wonder o! it boggles the mind! are nigerian girls really this bad?

They are very very cheap...as cheap as N1500 or a bottle of Lacasera in some cases. Na the "church" and "Night vigil" ones even bad pass. Those are the people OP is coming to do hollywood romance for in naija. I pity his pound sterling

ibx1976:
This guy captured exactly what I plan to do.

Your problem is that u think all the advise the guys have given u here is "hilarious" or "comic". You have no idea what you're walking into. Nigerian women are just for yanshing, absolutely nothing else! If you want to catch enough trips while on vacation, that's what Nigerian girls are for. Don't come here to look for wife! Oga pls don't!

Honour my foot! Looking for money to pay her way through college.

I was really disturbed when I read the interview of the innocent UNILAG student that was rusticated because of a Facebook post that the Vice chancellor deemed offensive. A Facebook post! I'm 100% in support of the protesting students. The Ministry of Education and the governing council of the school should very quickly get rid of that Vice chancellor that doesn't like dissenting voices before he embarrasses the school further.

Nigeria is the country with the highest population of internally displaced people in the world. The same Nigeria is also one of only 3 countries in the world where the polio virus is still endemic. Hundreds of Nigerians die of Lassa fever every year, which is also endemic to Nigeria. Kidney failure is also on the rise in Nigeria.
Nigeria has a very large population of billionaires and millionaires, most of whom acquired their wealth by scheming off the government through dubious and fraudulent schemes like rice, petrol, fertilizer, cement and diesel subsidies. Instead of these people who have indirectly stolen from the majority to at least, plough some of their wealth into charity schemes to help the majority, they engage in stupendous and irresponsible display of their ill gotten riches.
Bill gates had to come all the way from the USA to fight polio in Nigeria through his charity. Is it that Nigerians don't understand the concept of giving back to society? Its really baffling.

papaejima1:
2.2 trillion is an empty treasury to you?
https://images.wikia.com/antfarm/images/1/12/Cat_slap.gif

You know nothing about finance. Jonathan left about USD 30 billion foreign reserves, barely able to meet our balance of payment obligations. The 2 trillion naira TSA balance represents receipts from government revenues which fall very short of projected receipts hence the resort to borrowing. Jonathan and NOI left Nigeria in a really precarious position. Its a miracle we've not slid into the situation of Argentina in the early 2000's.

Its shamefully ironic how we keep heaping praises on the disgraced NOI who sat and watched as Federal revenues were fraudulently diverted and shared between Jonathan, his ministers and the army chiefs. Now we have a minister of finance who has to clean up all the mess and gaps NOI left in Nigeria's finances and we are castigating her. NOI was minister in a period of record oil prices (>100USD per barrel) and we have nothing to show for it, no savings, no infrastructure, nothing! And we expect Mrs Adeosun to perform wonders with an empty treasury. These people castigating her must be mad! Very mad!

gidgiddy:
I've watched this video a number of times and the hypocrisy is mind blowing. I give props to Major Taffy Williams, my father fought alongside him on the Biafran side and he was a great motivator. It should be noted that mercenaries were used on both sides of the war, infact, Nigeria used far mor mercenaries than Biafra.

As Ojukwu rightly said in the interview "war is the price of freedom". Every war has one side that is fighting for freedom and another side that is fighting to take freedom away. When it comes to the Nigerian/Biafran war, every Nigerian knows which side was fighting freedom and which side was fighting to take that freedom away.

I'm happy that people like Gowon, Obasunjo, Buhari, IBB who all fought against Biafra and went on to be presidents are all still alive today. I'm happy that they all alive to see the faliure that same Nigeria has become.

Ojukwu has been vindicated, the Nigeria he fought againt turned out to be a monumental disaster, proving that Ojukwu was right to try and get him people out.

You must be very delusional to think Biafra would have stood the test of time. The same congregation of strange bed fellows that Nigeria represented in the 60's was the same congregation of strange bed fellows Ojukwu created in Biafra. Who says the ethnic minorities in the Delta area would not have taken up arms to fight the IBO's for their 'oil wealth' if Biafra had won the war?
Irrespective of how Nigeria eventually panned out, I'm happy we stayed together. The freedom the Nigerian side fought for was the freedom from segregation and division. We are one people. The same black skin. Deal with it!

Paperwhite:
EFCC are always winning their cases only via media frenzy propaganda. This is why they are yet to secure conviction for most of the cases at their disposal.They rush to arrest their victim,start a media trial before going to get evidence to prosecute.Super clueless as their oga @ the top.

Stop spreading stupid rumours. Its because of criminal lawyers like Mr Adegorowa that a lot of corruption cases are getting g stalled in court. Tell Mr Ebun to produce Tompolo so he can have his day in court.
http://www.premiumtimesng.com/news/top-news/204162-efcc-secured-140-convictions-recovered-billions-dollars-6-months-magu.html