₦airaland Forum

I don't blame them......dis govt is the most corrupt in the history of Africa.

A nother

P romise

C ancelled

Charleys:
We need another loan. All the one they collected did not reach me

Lol......i think I received your 'cut' in error.

"State Capture Nigeria 2020" - staring Dangote, Buhari & Kyari

Nigerians - shine your eyes!

He also said the state had set aside N3.2bn for schools rehabilitation and construction of classrooms to ensure compliance with COVID-19 protocols.

The Kano State Government said it has spent over N100m to purchase hand sanitisers and other COVID-19 preventive kits for distribution ahead of schools reopening.

This figure was revealed by the Executive Secretary of Kano State Universal Basic Education Board, Dr Danlami Hayo.


He also said the state had set aside N3.2bn for schools rehabilitation and construction of classrooms to ensure compliance with COVID-19 protocols, according to NAN.

Hayo said the state was hinged on making school safe for students when they resume.

He said, “The state government approved N3.2bn for school rehabilitation and why is it necessary to spend such a huge amount of money.

“The state government is spending to rehabilitate schools; we emphasised on the construction of new classrooms and storey buildings in Kano metropolis where there is high population of pupils.

“Additional schools will be rehabilitated and new ones constructed in rural areas of the state.”

The government said it would not rush to order the reopening of schools until preventive measures were fully in place.

Kano had in August flagged-off the distribution of Personal Protective Equipment to 538 public and private schools in the state.

http://saharareporters.com/2020/09/11/covid-19-kano-government-spends-n100m-hand-sanitisers-schools

A ll

P romises

C ancelled

I pity these south africans..........apartheid really messed up their minds.

They think nigerians deprived them?............whilst the whites who stole their country continue to enjoy it.

Even Indians have been stealing their resources unchecked! (eg the Gupta's)

The zoo...

donaldeke:
Nigeria’s debt public debt hit a total of N31.01tn at the end of June, the Debt Management Office announced on Wednesday.

This means that in the last five years under the President, Major General Muhammadu Buhari (retd.), the country’s debt rose by N18.89tn.

As of the end of June 2015, one month after the present regime came into power, the country’s debt profile stood at N12.12tn.

This means that within a period of five years, the nation’s debt profile rose by N18.89tn.

It also means that the country’s debt profile has risen by 155.86 per cent within the five-year period.

Nigeria’s total public debt stock includes the debt stock of the Federal Government, the 36 states and the Federal Capital Territory.

Continue HERE

https://www.reporterswall.com/nigeria-borrowed-n18-89tn-under-buhari-report/

Some will be interest on the debt......which is now growing exponentially!

…President Buhari’s change of promise from revamping Nigeria’s moribund refineries and construction of new ones to achieve self-sufficiency in access to refined products to the continuous importation of petrol at prices to be determined by international market forces, is a betrayal of the trust of millions of Nigeria’s working class, urban and rural poor masses who defied all odds to vote out the PDP and vote in him into power.

Purporting to remove subsidy on refined petroleum products and deregulate the downstream sector of Nigeria’s petroleum and gas industry, President Muhammadu Buhari’s administration has recently increased the pump price of petrol from N145 to about N162 per litre, the second significant increase in four years, following a similar price hike from N87 to N145 in 2016. Going forward, the people of Nigeria, a major oil producing country, are now to pay for the refined petroleum products they consume at home at a rate to be determined by the price of crude oil in the international market. By this latest decision to remove subsidy from petrol and raise the price arbitrarily, President Buhari has shattered whatever was left unbroken in the ruling APC’s promise of “change” in the last five years of his administration.

With an about two million barrels per day production capacity, Nigeria is the 15th largest oil producer in the world and currently the first in Africa. Beginning from 1957, when oil was first discovered in commercial quantity in the Niger Delta region, Nigeria made modest but steady progress as an emerging oil and gas power house within the first three decades as an oil producer. Between 1965 and 1989, Nigeria rapidly expanded its oil and gas value chain enabling infrastructure with the establishment of four refineries linked to 19 depots and pump stations through a massive network of 3000 kilometres of pipelines across the country. This level of infrastructural development in its oil and gas industry at the time, though not adequate, nevertheless allowed Nigeria to substantially maximise the gains of a major oil producing country. The challenges of the inadequacy of Nigeria’s modest efforts at developing a oil and gas value chain enabling infrastructure was to become aggravated and more manifest in the subsequent three decades, between 1990 and 2020, as a result of acute leadership failure, gross mismanagement and grand corruption of the Nigerian state.

Nowhere have these ills of the Nigerian government manifested itself more in Nigeria’s oil and gas industry than in its inability to refine adequate petrol for the domestic consumption of its inhabitants. Between 1990 and 1999, successive military regimes in Nigeria invested very little or nothing in the expansion of Nigeria’s oil and gas value chain enabling infrastructure to meet the emerging challenges of a growing population’s energy needs. No new refineries where built and just as the turnaround maintenance of two of these installations in Port Harcourt and one each in Warri and Kaduna, with a combined refining capacity of 455,000 barrels of crude oil per day, gulped billions of naira, the desired result was not achieved. With refineries not working at their full installed capacities, the government resorted to the importation of refined products to augment the short fall in domestic supply. As though in acknowledgement of its fundamental responsibility of providing energy security for its citizens, the government of Nigeria introduced a subsidy regime on imported petroleum products in order to reduce the financial burden of the consequences of their incompetence on the Nigerian people.

By 1999 when Nigeria transited from military to civil democratic rule, guided by a clique of “Washington Consensus” ideologues, the ruling Peoples Democratic Party (PDP) in its sixteen years in government washed its hands off the means of economic production under the pretext that “government has no business in business” and transferred some of the most fundamental responsibilities of government to the organised private sector. Through its privatisation, commercialisation and liberalisation policies, previous PDP administrations opted for a deregulated downstream sector and the removal of all forms of subsidies on refined products; the sale of critical national oil and gas infrastructure, such as refineries, to private entities; and invited investors to establish private refineries that were guaranteed a pricing regime in Nigeria that will be determined by the international price of crude oil. However, the attempt to implement this toxic policy was stoutly resisted by Nigerians, the organised labour led by a former NLC president, now a chieftain of the ruling All Progressives Congress (APC), Adams Oshiomhole, and a coalition of opposition parties and civil society organisation led by a former opposition leader and current president of Nigeria, Muhammadu Buhari. Unfortunately, while the former PDP administrations grudgingly continued to pay subsidies on imported refined petroleum products, they neglected Nigeria’s refineries and allowed them to rot away, while allowing for private sector investors to take up their responsibility of providing energy security to Nigerians.

For every kobo that is added to the price of petrol, Nigerians are further pushed into deprivation, want and hunger, because the resultant inflation erodes whatever is left of their purchasing power, and pushes more people below the poverty line. Therefore, Nigerians have over the years resisted increases in the price of the most important source of their socio-economic sustenance.

In the absence of adequate power supply to homes and industries, as well as an efficient and affordable public transport system in Nigeria, Nigerians have come to rely on petrol-powered sources of alternative energy and general logistics for their daily economic activities. Any increase in the price of what is undoubtedly Nigeria’s economic live wire is bound to have a hydra-headed effect on the prices of goods and services across board, which would experience huge increases as consequence of cost-driven inflation. For every kobo that is added to the price of petrol, Nigerians are further pushed into deprivation, want and hunger, because the resultant inflation erodes whatever is left of their purchasing power, and pushes more people below the poverty line. Therefore, Nigerians have over the years resisted increases in the price of the most important source of their socio-economic sustenance.

The highpoint of this collective resistance of the Nigerian people against the injurious neo-liberal policies of the PDP in the oil and gas industry was in 2012, when the Goodluck Jonathan administration attempted to remove subsidy on refined petrol, which resulted in a hike in price from N65 to N129 per litre of petrol. The then opposition coalition and current ruling party, along with their civil society organisations partners in progress, mobilised Nigerians to occupy the streets of Lagos and Abuja in protest over the removal of subsidies and increase in price of petrol by the Jonathan administration. In bowing to the wishes of the Nigerian people, the Goodluck Jonathan administration restored subsidies on petrol and in exchange for a marginal increase from N65 to N97.

President Buhari who made huge political capital out of the subsidy removal misadventure of the Goodluck Jonathan administration in 2012, chided his predecessor for inflicting hardship on Nigerians through a non-existent, fraudulent subsidy regime and promised to revamp Nigeria’s moribund refineries and make petrol available at lower prices for the Nigerian people. Also, in reaction to the 2012 attempt to remove fuel subsidies by the Goodluck Jonathan administration, former opposition spokesman and current information minister, Lai Mohammed, roundly rejected the move as not in the interest of Nigerians and charged the then government to fix the existing refineries and build new ones before contemplating “fuel subsidy removal, if at all there is a subsidy”. And believing him to be a man of integrity with a pedigree of being part of the golden age of Nigeria’s oil and gas industry, having served as petroleum minister between 1977 and 1978, majority of Nigerians who were frustrated with the PDP-led federal government’s inability to provide energy security for them, voted in General Buhari (rtd.) of the opposing APC in 2015, to bring back the good old days of Nigeria’s oil and gas industry.

Without heeding his own advice of 2012 on the need to rehabilitate existing refineries and build new ones, President Buhari’s deregulation move is one for the continuous importation of refined petroleum products into Nigeria, which will perpetually subject the energy security of Nigerians to the mercy of local oil marketing cartels, acting at the behest of international market forces of demand and supply.

However, in what has become a familiar pattern of broken promises that are consistent with his character of dishonest integrity, President Buhari, without fulfilling his promise of revamping the country’s refineries, shocked Nigerians when he unilaterally removed subsidies from petrol, which sent the prices up from N85 to N145, within one year of his first term in 2016; the highest marginal increase in the history of the Fourth Republic. Within that brief period, President Buhari succeeded in shoving down the throat of Nigerians the bitter pills of the very neo-liberal oil and gas policies they loathed so much and resisted with their very lives for sixteen years. The recent upward review of the price of petrol from N145 to N162, which is a direct consequence of President Buhari’s deregulation and removal of the subsidy policy, reads like a tragic plot from the PDP economic doomsday playbook.

In the five years of the Buhari administration, Nigeria’s refineries have gone from moribund to billions of naira loss grossing comatose carcases, thereby aggravating the festering problem of energy insecurity in the country. And this problem can only be solved by rehabilitating Nigeria’s existing refineries to perform to their fully installed capacities, while building new ones to expand local refining to a level that meets domestic consumption demands. The responsibility of boosting local refining capabilities is not one the government of Nigeria can leave to the private sector alone. To do that will amount to government’s abdication of its constitutional duty of providing energy security for its citizens to profiteering private entities. Without heeding his own advice of 2012 on the need to rehabilitate existing refineries and build new ones, President Buhari’s deregulation move is one for the continuous importation of refined petroleum products into Nigeria, which will perpetually subject the energy security of Nigerians to the mercy of local oil marketing cartels, acting at the behest of international market forces of demand and supply.

Contrary to the assertions by some neo-liberal pundits, subsidising petrol, which is the livewire of Nigeria’s economy, is not subsidising consumption but actually subsidising production. Every serious country in the world, including the United States, China, Canada and Saudi Arabia spends billions of dollars in subsidies for oil and gas production in their respective countries for the purposes of energy security for their citizens under social economic frameworks in which deregulation and subsidies are not mutually exclusive. By making already impoverished Nigerians to bear the financial burden of his acute failure of leadership, President Buhari’s change of promise from revamping Nigeria’s moribund refineries and construction of new ones to achieve self-sufficiency in access to refined products to the continuous importation of petrol at prices to be determined by international market forces, is a betrayal of the trust of millions of Nigeria’s working class, urban and rural poor masses who defied all odds to vote out the PDP and vote in him into power.

https://opinion.premiumtimesng.com/2020/09/10/from-apcs-promise-of-change-to-buharis-change-of-promise-by-majeed-dahiru/

Operatives of Kano Police Command on Wednesday said it intercepted 2,000 cartoons of Dangote branded Indomine noodles in Kano.

The lorry packed noodles worth over N4 million, donated by CA-COVID-19 as palliative for Benue state was diverted to Kano.

Besides, the command arrested a Sudanis with 1,054 unregistered SIM cards belonging to various local telecom companies.

Briefing journalists on Wednesday at the Bompai Police Headquarters, Commissioner of Police in Kano, Abu Sani disclosed that 2,000 out of 3,850 cartons of the noodles were recovered from a trader in Singer market in Kano after a piece of intelligent information.

CP Sani told journalists that the suspect had confessed to have purchased the noodles from those that diverted the items from Benue to Kano.

However, the CP did not disclose the whereabouts of those behind the diversion of the food items.

But the suspect, one Yusuf Abdullah, 30 years old, told journalists that he bought the items from the beneficiaries of the palliatives.

The suspect who confessed he was aware the items were being diverted said that “many of the beneficiaries came to the market to voluntarily sell them. Some of them exchanged the noodles rice while some sold it to us.”

In another development, the Police boss revealed that the command also recovered 13 stolen vehicles and 914 parcels of dried leaves suspected to be indian hemp in the last operation.

Sani emphasized that men of the special Puff-Adder squad of the Inspector General of Police, IGP Mohammed Abubakar Adamu, also tracked down 259 suspects for various crimes committed within and outside the state.

Weapons recovered from the suspects according to CP Sani are 10 rifles including one AK-47, two English pistols, four locally made guns, and 79 live ammunition and cartridges.

“With sustained Puff-Adder operations, community policing engagements and other crime-fighting strategies, the command has with vigorous vigour execute it’s policing mandate.

” We have arrested 45 suspected armed robbers and eight Kidnappers. Eight drug dealers, 28 fraudsters suspects were also Intercepted”, Sani noted.

However, the Sudanis suspect who identified himself as Ghassan Ali Dinar said he personally brought the SIM card to the police to report before before he was detained to produce the owner of the items.

https://guardian.ng/news/police-intercept-2000-cartons-diverted-dangotes-palliative-noodles/

Gov Ortom demands release of 40 repentant militias arrested by military after killing of Gana

Governor Samuel Ortom of Benue State has urged the military to set free 40 repentant militias it arrested and kept in custody after killing Terwase Akwaza, alias Gana.

The governor, equally called on the military to release some official vehicles it purportedly confiscated.

Gana, a notorious criminal and the 40 other militias had accepted Governor Ortom’s amnesty to criminals in the state and were being transported with the official vehicles to the government House in Makurdi when they were stopped by the military.

Gana was shot dead while the other 40 militias and the vehicles were reportedly arrested by the military.

Speaking to newsmen on Friday, after a five-hour security meeting at the Government House Makurdi, Ortom said the call for the release of the repentant militias was important to enable them embrace the amnesty programme of the state government.

He said, “It is the resolve of this meeting, the expanded State Security Council meeting, that the repentant youths who were arrested by the military should be released so that they will continue from where they were coming to receive their amnesty and they were arrested.

“Also items that were confiscated, we are also appealing to the military to return them. Some of those vehicles were hired, some are official vehicles to our government officials. Some other things are documents. We appeal that all these be returned to us.”

The military had claimed that Gana was killed following a firefight on September 8, but Ortom maintained that soldiers snatched him from a government convoy conveying repentant militants in Gboko.

The governor, who said the Sankara people and the state were pained by the incident, however, noted that there was nothing anyone could do to bring back the dead to life.

He, therefore, called on the people of the state to cooperate with the security agencies particularly the military.

The governor added that the state government would continue to engage the military in its efforts to get better clarification on the true incident that led to Gana’s death.


Ortom said, “We are going to find out the truth of what happened. That is what the entire stakeholders here are demanding to know because from the press statement and information to us gives us a cause to worry.

“We have resolved to move on and continue to interphase with the military and other security agencies to ensure that this kind of ugly incident does not happen again.”

https://www.ripplesnigeria.com/gov-ortom-demands-release-of-40-repentant-militias-arrested-by-military-after-killing-of-gana/

NwaNimo1:
The woman in red needs dieting!

Gorilla no dey dat obese.

www.nairaland.com/attachments/12315934_fbimg15998597514351515_jpeg559e56c1c3f21ed65199746eefc52a28

[img]https://media./images/7868ebdbb891904c9ae6689303bdc4b9/tenor.gif[/img]

This woman must be Lai Mohameds twin.........

With mounting criticisms over the country’s rising debt stock, the Minister of Finance, Budget and National Planning, Zainab Ahmed, told PREMIUM TIMES’ Business Editor, Bassey Udo, that only time will vindicate the current administration’s decision to borrow big to develop infrastructure, grow the economy and create wealth. The minister, during the exclusive interview in her office in Abuja to mark her one year in office, said that the situation could have been worse but for the government’s proactive fiscal measures to push back on the impact of COVID-19 on the global economy. Excerpts:

PT: You are one of the few ministers in recent history to combine three powerful portfolios – Finance, Budget and National Planning. How much of a challenge is this on your shoulders?

AHMED: Well, it’s not so much a challenge, because I do not work alone. In his second term, the President, in his wisdom, formed the Ministry of Finance, Budget and National Planning, bringing together the planning and budgetary functions of the government.

The essence of the decision was for the country’s budget implementation to be guided by the government plans. Over the years, planning and budgeting processes were not going together.

In his first tenure, that objective was largely achieved. But, with some identified gaps between what the Ministries of Planning and Finance were doing, specifically as related to the government’s budget function, in terms of preparation, execution and monitoring/evaluation, there was (a) need for the merger.

As a minister, my role was to coordinate the three major functions. And I must say my job has not been as challenging as one would think, because I have a solid support base from the Minister of State for Budget and National Planning and three capable Permanent Secretaries in the Ministry of Planning and two others in the Ministry of Finance.

We keep making progress on a daily basis, because we have the right core structures in place. Apart from the new ministries, the team collectively supervises about 18 agencies, with shared supervisory responsibilities among directors representing the Ministries in most of the Boards of those agencies.

We have a system of tracking performances and determining what is working and what is not. On a weekly basis, we have management meetings to review updates on what progress and challenges have been identified as well as refine efforts to achieve overall goals and objectives on (an) ongoing basis.

https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2020/04/Zainab-Ahmed22-e1596550179976.jpg?resize=800%2C420&ssl=1

https://www.premiumtimesng.com/news/headlines/413577-interview-nigerias-rising-debt-time-will-vindicate-buharis-govt-finance-minister.html

They should add VAT to that 51k......get the returnee's prepared!

Jezebel

Sellouts...........Judas type

[img]https://media./images/885bbe518e5c5ba639372a1bcbe15623/tenor.gif[/img]

Igbo's....too smart