₦airaland Forum

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Sun of god:
The governments only option is to use the increased revenue to subsidise fule prices. Without this we can expect rapid inflation which typically leads to civil unrest.

Subsidies will have to go one day.

There is no real reason for subsidies. Just because a country produces oil doesn't mean its citizens need to have it artificially subsidized.

Here where I live, oil is not only NOT subsidized, it is heavily taxed. In Europe, even more heavily taxed.

If the government would make sure that $275 million+ in oil it grosses per day were reasonably spent/accounted for, there would be:
A) No need for subsidies
B) High oil prices would clearly, undoubtedly benefit the country, since we don't CONSUME anywhere near $275 million in oil products per day.

Only in Nigeria can what should be a magnificent blessing be more ambiguous 

x

^--- Does Nigeria consume 2.3 million barrels worth of crude oil a day? Probably the value of Nigeria's daily consumption is 5 or 10% of that.

Pretty much silly reasoning.

Bode George clearly has not repented of his crimes.

Anyway, the more the media interviews him, the worse the PDP looks.

lol @ him blaming Tinubu (a guy who wasn't even in any office when he was jailed) for sending him to jail.

bk.babe97y:
Check out the link below. . .


https://www.youtube.com/watch?v=oXafV35nFso

rofl @ "nigga synthesis"

That Uncle Ruckus!

1) 10 billion IGR, ~27 billion from the FG. Seems a bit low IGR %, no? 25% or so. I'm not sure how the other Nigerian state compare though.
2) How can Kwara have a N70 billion budget and only 37 billion coming in? Seems like a lot of borrowing for the year, no?

The Kwara State Governor, Dr. Bukola Saraki, on Friday approved the total budget size of N69,623,103,575 for the 2011 fiscal year.


The total sum represents an increase of N970,122,891 from the original total budget presented to the state house of assembly by the governor.


While the expected Internally Generated Revenue is N9,477,139,576, the Statutory Revenue from the Federation Account stands at N27, 500,000,000, while the total recurrent revenue is N36,977,139,576.


Similarly, the recurrent expenditure plus consolidated funds charges amount N33,816,296,350, Transfer to Capital Development Fund is N3,160,843,226 while capital receipt expected for the year is N35,806,807,255. Capital expenditure in 2011 is put at N35,806,807,255.


At the event, the outgoing governor of Kwara pledged that his administration would ensure that no uncompleted project was left behind for the incoming administration.


He also said the government would ensure that all contractors that have completed their jobs were paid so that the incoming administration would not inherit the burden of outstanding payments.

http://www.punchng.com/Articl.aspx?theartic=Art201103075403420

^--
“If you black of skin and full sin come forward so that I may lay my hands on you."

"Black be gone!"

"Praise white Jesus!”


Hilarious.

Uncle Ruckus must have come after Dave Chappelle's black Klansman character?


https://www.youtube.com/watch?v=BHFUH_frhBw

^-- You'd think a country that is so heavily dependent on exporting oil would see a benefit from skyrocketing prices of their main product.

Alas. . .

I still do not understand how Niger State tripled its # of votes. How is this possible?

This article and articles like it which help quantify the negative impact of no power on Nigeria are imo VERY important for well-meaning Nigerians to read and understand.

On some level, ACN, PDP, CPC, corruption, GEJ, Buhari, etc are all less important for the progress of Nigeria than solving this single issue. It is pretty much the key.

^-- I don't have a TV. Makes me pretty unproductive, so try to avoid owning one.

I watch sports (either online or at a bar/restaurant), but aside from that, pretty much minimal tv.

Mar 7, 2011
   
*Oshiomhole urges labour to embark on nation-wide protest
BY VICTOR AHIUMA-YOUNG

LAGOS – THE Commonwealth Business Council, CBC, said, weekend, that Nigeria was losing $100 billion yearly due to lost output and high costs for local businesses.
This came as the Edo State Governor, Adams Oshiomhole, urged Labour leaders in the country to organise a day of national protest against continued power failure in the country.
The Commonwealth Business Council’s review also came amidst the revelation by the Managing Director of Shell Petroleum Development Corporation, SPDC, Mr. Mutiu Sunmonu, that Nigeria was the seventh largest natural gas resource holder in the world CBC Director General, Dr Mohan Kaul, who spoke at a two-day power summit on Nigeria organized by the body in London, said: “The government estimates that lack of power costs the Nigerian economy $100bn every year through lost output and high costs for local businesses.”
Kaul, who expressed optimism that the country, being the 10th biggest oil reserve in world, could build a secured and diversified power system from purely energy sources, noted that in spite of the various challenges, the business environment in Nigeria had changed‘significantly for the better.

Lack of electricity

Noting that the Presidential Task Force on Power, PTFP, and the World Bank had identified the lack of electricity as a major factor inhibiting development, he said: “Growth has been strong despite weak infrastructure, and the potential for even faster growth has never been better.
Privatisation has achieved more in the last year than it had in the last ten. There is a growing consensus in the industry and on the streets that finally, the sun may be about to shine on the Nigerian power sector.”
Meantime, Edo State Governor, Comrade Adams Oshiomhole, has urged labour leaders to declare a day of national protest against power outages in the country.
Oshiomhole who was addressing the delegates and other guests at the just concluded 10th National Delegates Conference of Nigeria Labour Congress, NLC, in Abuja, said the nation could not continue to run its economy and other activities on generators.
While faulting the noise going round about the nation generating 4000 megawatts of electricity, Oshiomhole said Nigeria cannot be producing 4,000megawatts of power, unless the government was reducing issue of power supply to a joke.
He lamented that successive governments had continued to promise on stable power supply to no avail and urged Nigerians to reject the Federal Government policy of shifting the goal post on stable power supply.

Stable power supply

He said: “NLC’s voice must be loud in condemning the fact that in12 years of democracy Nigeria is celebrating importation of petroleum products, exporting skills to Europe and importing poverty into the land.
How can we explain that Nigeria is still a net importer of petroleum products? The resulting poverty is not an act of God it will not be solved by prayer and clerics fasting on Fridays on and Sundays.
We must get the Federal Government to return Nigeria and Nigerians back to work. Anybody that wants to be President must make a deal that he will make sure that existing refineries are working and additionally, he must set up new refineries.
“Comrades, we must tell them, we must speak beyond rhetoric. Nigeria cannot be producing 4,000 megawatts of power this is reducing us to a joke. You can’t run the economy on generator.
“We want to see rhetoric commensurate with output; we want to see a sharp increase in power supply chain. We do not want to be depending on generators. We want to see the dividend of democracy and this is not acceptable, because if they lack memory, you must have memory.
President Obasanjo told us to give him nine months and he will deliver power and now it is twelve years and they are shifting the goal post.
You must say no more shifting of goal post, either today or never. Labour must fix a date for protest against darkness because poverty is being induced.”
Nigeria, seventh largest natural gas resource holder -  SPDC
Managing Director of Shell Petroleum Development Corporation, SPDC, Mr. Mutiu Sunmonu, said Nigeria has been ranked as the seventh largest natural gas resource holder in the world.
Sunmonu who made the announcement at the two_day power summit organized by the Commonwealth Business Council in London, noted that with the discovery of coal in excess of 600 Component Test Facility, CTF, the country was yet to explore it.
He said: “Replacing gas with coal for electricity generation is the cheapest and fastest way to meet the carbon dioxide (Co2) reduction target.”
Sunmonu said that SPDC now operated 650 mw combined circle plant at the Afam thermal station, thereby contributing about 20 per cent to Nigeria’s power generation.
He added: “SPDC, which is a pioneer supplier of gas to the Nigerian economy, has remained the single largest supplier with nearly 70 per cent of Nigeria’s foreign domestic gas utilisation.”
Sunmonu, who noted that the global energy demand and electricity generation would increase by 49 percent and 37 per cent respectively by 2035, said government’s power roadmap was timely.

Ini Ekott
March 7, 2011 03:25AM

Barely three weeks before the national elections, the Independent National Electoral Commission (INEC) is faced with a fresh challenge: defending the final figures of registered voters, amid concerns that multiple registrations, which the commission says were dealt with, should have lowered the tally.

Some political parties have already denounced the figures and, last Friday, the Action Congress of Nigeria (ACN) said the new register certified by the commission may not only affect the credibility of INEC, but also the credibility of upcoming elections seen as crucial to a long-tainted image of the electoral body.

"We are very uncomfortable with those figures. And until INEC comes up with very rational explanations about those figures, then there is cause for serious concern," Lai Mohammed, the national publicity secretary of the ACN told NEXT.

INEC, last Thursday, released the final results of the 2011 voters registration exercise. But critics are pointing to several inconsistencies. For instance, how the total figure moved from 67,764,334 to 73,528,040 when treated cases of duplication should have scaled down the number.

And if multiple registrations have truly been deducted from the earlier figures, as the commission claims, why should a state that has almost 15,000 cases of duplicities record the same figures for the provisional and final register.

After a long press briefing that stretched into the night of last Thursday, during which the final figures were made public, officials of the commission took inquiries on every concern and provided ready-made, but maybe not very provable answers.

Atthiru Jega, the chairperson of the commission, said the wide margin of difference was partly caused by a "massive under-reporting" of the true figures from the field during the exercise. He said staff may have been under pressure to turn in daily data, and in the process left many names of registrants unreported.

His media aide, Kayode Idowu, said the controversies may also be explained by the conduct of an Automatic Fingerprint Identification System (AFIS) process aimed at detecting multiple registrations.

Some states were tested before the release of the tentative figures, while others were tested after. Depending on the timing, Mr. Idowu told NEXT, a state may not have any variation between its provisional figures and the final one.

"Honestly, I do not have any reason to doubt the figures. We just hope they are valid. However, it is important to probe and understand how they were arrived at and that should not be in bad faith. There must be some justification for that," said Chibuike Mgbeasurike, a member of the Project 2011 Swift Count, a nongovernmental organisation that followed the voter's registration exercise conducted in January.

Early February, the group announced that the figures it realised from its independent assessment of the exercise agreed with the tentative figures given by INEC then, as 59 million.

Questions for INEC

Mr. Mgbeasurike said his position on the latest figures was personal and not that of the organisation.

Dafe Akpedeye, the group's first co-chair, told NEXT a formal position by the group on the new register will be made known later.

In the new register, the total figure now stands at 73,528,040, against the previously announced 67,664,384; with Lagos having the highest number of voters (6,108,069) followed by Kano State (5,270,297). Bayelsa State got the least, at 591,870, followed by Ekiti State with 764,720.

The electoral body said it recorded a total of 870,612 duplicates, with Niger State most culpable with 142,040 while the FCT had the least nationwide, with 953.

The reduction in numbers affected Akwa Ibom, Lagos, Borno, Kano and Oyo States, while the rest received additional numbers instead.

But two cases have stood out. First is Niger State where, in spite of recording the highest duplicates, experienced the widest leap between the old figure and the final one. The state now has 2,175,421 against the initial 721,485.

The second is that of Osun State which, in spite of recording 14,762 cases of multiple registration, has the same figures for the provisional and the final list.

Mr. Jega said during the review he has named a special committee to reconcile the Niger State figures.

Officials, he said, were dispatched from the headquarters to analyse the state's database and all information pointed to the fact that the state was initially "under-reported."

Mr. Idowu explained that the fingerprinting identification software, AFIS, was run on some states before the provisional figures were released. Osun State, he speculated, could have been one of those states where the test was conducted earlier, leaving no room for disparity between its two figures. Yet, the state remains the only one with such peculiarity.

Mr. Mohammed, the ACN spokesman, said the commission's explanation will have to be "very convincing" to retain its credibility ahead of the polls.

"If INEC gives figures even higher than the projections, when we know there were cases of underage and multiple registrations, then we think their explanations must be very convincing," he said.


http://234next.com/csp/cms/sites/Next/Home/5681700-146/final_voter_figures_arouse_suspicion_.csp

lol. Maybe I should start watchin The Boondocks. This Uncle Ruckus guy is hilarious:
http://allhiphop.com/stories/features/archive/2010/06/29/22281889.aspx

He tried his best. Cannot judge him by 2010 standards. Still a great man. Sometimes results are all that matter, not the reasons.

Bleh.

Good move by Lagos State.

Federal government doesn't need to interfere in local taxation anyway. They should keep their damn noses out of it.

The state government is also seeking the alteration of the present Revenue Allocation Formula to enable states and local governments to get a bigger share.

I cosign on this as well. Governor's Forum also seems to be behind it. In fact, shouldn't. . . everyone be behind it?

The state government also sought the amendment of the Value Added Tax Act to preserve the revenues exclusively for states and local governments. It said this would enable them to cope with the increasing challenges of governance.

This would be absolutely WONDERFUL.

I'd additionally suggest that Lagos gets control of some of the port revenue coming through its coast.

dayokanu:
Another pointer that GEJ is very corrupt

Who told you that? Everyone around GEJ is very corrupt. And he heavily interacts with corrupt people. But he himself is clean as a whistle.




. . . or so some would have us believe

fstranger3:
^^^

'Cos he is like Akala, he hasnt done shyyt in his home state.

He has spent a large percentage of his 2nd term (approx. 90%) fomenting trouble and gallivanting.Remember that in the state, the position of the governor is very powerful. The governor controls the party and he has so many privileges to dispense and to get people to agree with him. For instance, the governor is fighting everybody, he is fighting the house of Assembly, he is fighting the prominent traditional rulers, he is fighting the key leaders of the party, including the former president.And so in a way, nothing gets done in the state.  And, most people here of Ogun indigene are students from the state school, OSU, which has been closed for over 6 months now due to his refusal to pay the teachers. And, he has, from available public records, embezzled from the state treasury almost to the point of bankruptcy.

And even in the State House of Assmbly, nothing gets done. As a matter of fact, there are two different sittings in two different locations, one loyal to the Governor,OGD, and the other seeking to impeach him and starve him of funds


The point is that, the guy has not delivered.Simple as that.

Is he insane, or a slowpoke? Why is he fighting everyone? Why doesn't he just roll up his sleeves and make Ogun State flourish? We've got bigger fish to fry than this bullsh1t. Ogun in particular is critical. WTF is wrong with this dude?

And why is Mrs Awolowo still backing him 

So what does Sharia law even mean?

I can get some cleric to declare anything I want a violation of Sharia law, and it stands?

What if I control some clerics and get them to declare ice cream a violation of Sharia law? Then no more ice cream, based on this arbitrary whim?

Seems a bad way to run a society, no?

Man. If they swap out Boko Haram for PDP Haram, then all of Nigeria will unite under that banner.


PDP Haram
PDP are rams
PDP are rams to be slaughtered, roasted, and eaten

What is wrong with OGD then?

Why is he so universally hated, at least on nairaland?

That little kid is a badass.

So. . . what is the deal with Mrs Awolowo? Why is she supporting GEJ and the PDP?

Why is he a bad guy?

LagosShia:
i dont think its fair to try to justify the racism in that video with their hate for terrorism or whatever reason you try to put forth.

if they are stagging that protest because of valid reasons,then why the racist insults?

did you hear them screaming:"go home"?

Free speech in this great country. Everyone can say what they like without be persecuted for this. Note that this freedom doesn't exist in many other places in the world.

the issue is if anyone has to "go home" from america,those white settlers who invaded north america and drove away the native red-indian tribes,have to go home first.they should go back to europe.and what "home" would a white american muslim to go to?

They defeated their colonial masters, killed off most of the Indians, and defeated Mexico. At this point it is theirs, by right of conquest.

I dunno, it is very hard for me to sympathize with people complaining about the US unless the reasons are very good.

Heck. . . you as a Shiite, your life is likely forfeit in Saudi Arabia and certain other Muslim countries. And in Iran, if your brand of Shia Islam is slightly different from that of the mainstream, your life is also in danger.

Here otoh, you can do whatever you like with no persecution.

So why on earth should I pay attention to these critics? Let them fix the problems in their own countries before worrying about the problems in America.

*shrug*

A lot of these "charities" end up funding terrorist or fundamentalist organizations somewhere. You cannot expect even average Americans to have warm feelings towards them. Not to talk of a deeply conservative and xenophobic district like Orange Country (which as an aside, has lots of Persians who are very well-integrated into the society there, in part because they are wealthy and not too religious.)

Has nothing to do with democracy really. Just a severe dislike for certain ideologies and anything associated with them.

^---- What the hell is wrong with this goddamn moronic spammer?!?!

Can you quit your sh1t for once, asswipe?

I wish I could reach through the internet and slap you.