₦airaland Forum

Hmm this one they learn work for fashola hand. Later he go say he no sign cheques

FINALLY THE GOT THE WORLD'S ATTENTION, THANKS TO BUHARI. FREE NNAMDI KANU, IS THAT TOO MUCH TO ASK

Foreign investors have continued to shy away from the bond market, following fears that the Central Bank of Nigeria (CBN) may devalue the Naira currency which may depreciate the bonds.

Analysis of the bonds' trading in the past three months showed that Nigerian local-currency in government bonds returned 10.8 per cent in dollar terms– the most among 31 developing nations monitored by analysts.

According to report, foreign investors were turned off on September 9, a day after JPMorgan Chase & Co revealed its intent to delist Nigeria from emerging-market bond indexes, the bonds fell to 12.86 per cent from a seven-month high of 16.32 per cent.

The AUTHORITY learnt that domestic investors are buying but foreigners' confidence has eroded from the attractive bond due to the Central Bank's forex policy. Christian Diclementi, a money manager at Alliance Bernstein LP, which has $27billion invested in emerging markets, said his firm needs greater confidence to invest in Nigeria. "For us, investment in the domestic bond market is more of currency than a rates issue. We need greater confidence on the outlook for the currency before returning to the market," he said.

Commenting on the development, the head research at Sterling Capital Markets limited, Sewa Wusu said: "Equities aren't attractive at the moment. The third-quarter results were pretty bad. So, most investors are pitching their tents in the bond market, which is why yields have declined."

Some investors would stay away as long as forex restrictions prevail in the Nigeria economy, Lutz Roehmeyer, who oversees more than $1 billion in emerging-market debt, has also revealed. "What keeps us away is that the yield is too low to compensate for the potential devaluation risk, even 16 per cent is too low. "The naira may have to depreciate anywhere between 10 and 20 per cent, when you're offered a yield of 13.5 per cent. Nigerian yields were the highest among emerging markets, but has since fallen below those of Kenya, Brazil and Egypt.

President Muhammadu Buhari backed CBN Governor, Godwin Emefiele's foreign-exchange controls, which prompted JPMorgan's exit – an action analysts insist is hurting the economy.

http://www.authorityngr.com/2015/11/-Naira-devaluation--Foreign-investors-shun-bond-market/

francizy:
Femi Adesina was only doing his job nah! Abeg make una leave am. Abi una no know say if e no fit manufacture achievement, Buhari go sack am?

LET NORTHERNIZION OF NIGERIA CONTINUE

PROUDLY EDO

lukaino:
I am beginning to suspect that you went to such a neatly built up primary achool, removed the sits in a classroom and took this picture just to paint the governor in bad light.
Oya all d Esan antagonists and edo pdp in general receive sense!

WAIT I KNEW PEOPLE LIKE YOU WILL STILL TRY TO CONDEMN PDP, THIS IS ANOTHER SCHOOL

The little girl was ill and she had no desk to rest her head and no Chairs to seat.The coloured chairs provided by the state Government were only 10 and are expected to sit 220 students.
Thanks to members of this forum who helped to donate some Chairs and desks.
Legacies of the Oshiomhole Government.
‪#‎LastLastNaJailOshiomholeGoEnd‬.

NOT SURPRISED, THIS IS THE CHANGE THEY PREACHED

I REP THE NEXT GENERATION PDP

Feraz:
Bros, aren't these mere allegations?

OSHIOMOLE WAS DATING AN AAU ACCOUNTING STUDENT BEFORE HE GOT MARRIRED TO LARA

Teryfik Sdindan Roob chukkiephil ChappyChase Ishiamu gunuvi Truckpusher Rozayx5 bomsilaga, erunz dunsman Nigerianvenom PRYCE Phockphockman, nwadiuko1, ibokUtoroh, Koded, iPrinz20 Aprokoman, OcheJoseph, Dearpreye, Firefire, Tomakint Francizy, Temitemi1, Hinwazaka, Dumkem21 Biafranqueen, Mogidi, IsraeliAirforce, Candyrain, Ambivert, Rose2014, Opiaoku, Anonimi, Engineerboat, Talktimi, ahaika23,
coolestrogue APCSucks Emperortj93 Mizmycoli DebateNigeria Chukwudi44 and all patriots

Feraz:
But Oshiomole was/is the best 'thing' after sliced bread according to some of my coursemates back then in the University of Benin. I recall when University of Benin students protested because of how he treats people and also issues about his thugs (agberos), it was tagged a PDP sponsored protest but how come now, issues of protests here and there are springing up in almost all parts of Benin-city going by what I read here? Are the protests PDP sponsored?

Damn! These pictures aren't doing his tenure any good.

THIS IS THE TRUE FACE OF EDO STATE, I WILL POST MORE PICS LATER. WE ARE TIRED OF THIS LIES

OSHIOMOLE BYE BYE

lalasticlala ABEG DO THE NEEDFUL

Who stole the Chairs and desks at Central Primary school Iruekpen?
Nobody did! 80% of Schools built have no Chairs and desks Supplied.I am sure Satan awarded and executed the Contract..
‪#‎FACT‬
Legacies of the Oshiomhole Government.

WombRaiders:
https://media.premiumtimesng.com/wp-content/files/2015/05/860x586xDSC_2299.jpg.pagespeed.ic.k9FtpVlClu.jpg

THIS IS HIS ONLY ACHIEVEMENT

Monimatic:
kai Oshiomole is finished .....#OperationShowYourAreaProject, his lies n propaganda is being exposed at the grassroots.

LAST LAST NA JAIL OSHIOMOLE GO END

speedyGonzales:
fuk! that is just horrendous

MY BROTHER NA SO WE SEE AM, IMAGINE NEW SCHOOLS WITHOUT CHAIRS

OPERATION SHOW YOUR AREA!!!
Usi Primary school located along Ewah road,Benin City.
It would be injustice to allow a goat live in such a place let alone having pupils come here to learn..
Legacies of the Oshiomhole Government..

The Prestigious Boys Model Secondary school,Evboneka near Benin City.
This is what is left of this one time first class boarding school.
Oshiomhole has done miracles in 7 years.
Legacies of the Oshiomhole Government.

IN A BID TO SHOWCASE THE HYPOCRISY OF THE EDO STATE GOVERNMENT AND ALSO STOP THE PROPANGANDA BEEN SPREAD BY GOVERNOR ADAM OSHIOMOLE, A GROUP OF YOUTH UNDER THE EDO STATE POLITICAL FORUM, TOOK TO FACEBOOK TO KICKSTART "OPERATION SHOW YOUR AREA" PROJECT. THIS THEY SAY WILL SHOW THE TRUE PICTURE OF EDO STATE LOOK LIKE. BELOW ARE SOME OF THE PICTURES FROM THE FORUM.

https://www./Edopolitics/?fref=nf

Welcome to Ikpoba hill Primary school.
Where the young Stars sit on the floor to be taught.

DrHighchief:
Pls can u tell me the people Igbinedion paid Bursary to. Give me d name of d school, year.
God Bless Nigeria...

Oga mi I collect bursary and I know some other pple who also collected it

Teryfik Sdindan Roob chukkiephil ChappyChase Ishiamu gunuvi Truckpusher Rozayx5 bomsilaga, erunz dunsman Nigerianvenom PRYCE Phockphockman, nwadiuko1, ibokUtoroh, Koded, iPrinz20 Aprokoman, OcheJoseph, Dearpreye, Firefire, Tomakint Francizy, Temitemi1, Hinwazaka, Dumkem21 Biafranqueen, Mogidi, IsraeliAirforce, Candyrain, Ambivert, Rose2014, Opiaoku, Anonimi, Engineerboat, Talktimi, ahaika23,
coolestrogue APCSucks Emperortj93 Mizmycoli DebateNigeria Chukwudi44 and all patriots

Change2015:
Don't talk rubbish please. Nobody can trace what Igbinedion ever did in edo state apart from looting it with his father and siblings. Built industries.... I challenge you, name them here! At least those who live there will be able to verify as to the truth or lack thereof, of your statement.

Edo State Solid Minerals Processing Company Ltd.
Edo State Solid Minerals Processing Company Limited is located at lpesi in Akoko-Edo Local Government Area of Edo State. Its foundation stone was laid in October 2000. The Company was finally test-run and commissioned on May 25th 2001 by His Excellency, Alhaji Atiku Abubakar, the Vice President of the Federal Republic of Nigeria. The sum of N85 million was spent by the State Government in establishing the Company. Following the State Government Policy on privatization, the Company was subsequently advertised for sale. The sale bid was won by Messrs Goopex Nig. Ltd., which has taken over the assets of the Company after due payment to the State Government.
Edo State Fertilizer and Chemical Co. Ltd.
The foundation stone of the Fertilizer and chemical company was laid at Auchi in May 2000 by the president of the Federal Republic of Nigeria, Chief Olusegun Obasanjo. The project was established to blend NPIL fertilizer primarily to help farmers in the enrichment of the soil to improve agricultural yields. The location of the project was informed by the raw materials; availability in Edo North senatorial District of Edo state. The sum of N300 million has so far been spent on the project. Following the state Government’s application for a loan facility, the Nigeria Bank for Co-operative and Agricultural Development approved a loan of N250 million to complete the factory building, buy substantial raw materials and commence production.
Edo State Fruit Juice processing Company, Ehor
The state Government has almost completed the building of the Fruit Juice processing at Ehor at a cost of about N432 million. The idea to set up a factory for the extraction of juice from fruits at Ehor stemmed from the abundance of fruits required as raw material for such a factory.
Presently, the company is awaiting the arrival of the automatic form fill packaging machine with chillers for installation before commissioning. The factory is expected to provide direct employment to over 50 persons. it will also have a multiplier effect in that several persons wilI be directty employed in the sale of the products and supply of the raw materials.
Cassava Processing Company Limited lromi
The cassava processing Company Limited is located at Uromi, the headquarters of Esan North East Local Government Area, Edo State. The project will’ involve the processing of cassava tubers into industral products of chips, flour and starch The need to harness the vast agricultural establishment resource of the state informed the desire to establish the agro-processing industry’ The State Government has spent about N483 million on the industry which is expected to commence production within the next few weeks.
Existing Industries
The State Government, within the last seven years spent N123,566,727 to carry out maintenance work in the existing industries.
Establishment of Small Scale Industries
The State government is also involved in the establishment of small scale industries in various parts of the state. These include, Usen flour mill, raw materials Fugar Ceramics lndustry’ Okada Textite Mil, Raw Materials Display Centres in Benin City’ and Technology Business lncubator Centre BeninCity the sum of over N41 million has been spent on these projects.
Maintenance Of Industrial Estate
The State government within the last seven years has spent about N77.113,000 in the maintenance of existing industrial estate.
Technical Committee on Privatisation and Commercialisation (TCPC)
A bill on the setting up for the Technical’ Committee on Privatisation and commercialisation (TCPC) was passed into law on 3rd Jaunuary, 2001. The law empowers the committee to carry out all activities necessary for the 118 privatisation and commercialisation of government enterprises in Edo State.
TCPC is also taking appropriate steps towards the privatisation of other government owned companies, in line with state’s industrial policy. about N16o,500,000 has been spent for running the TCPC
Micro Credit Scheme
ln order to reduce poverty and create employment, the State Government disburses small scale loans to person. Nine hundred and ninety-two (992) persons across the state were granted loans totaling up to N50,426,000 in the tast seven years.
Micro Credit (motor Bikes)
Two hundred and fifty (250) N21 ,1 40,357 .50 were given out to as micro-credit support.
Seminars, Council Meetings, Trade Fairs And Investment Promotions
ln the last seven years, the State Government has spent N15,370,500 to fund seminars, council meetings, trade fair and investment promotions.

YOU TELL ME INDUSTRIES oSHIO-ALE BUILT

comos:
because not has really change instead we are retrogressing

tell them o

Mbediogu:
Rochas broda. kikikiki. . . hahaha. . .

lolzzz

Bambless1:
Keep Calm! Baba'll Settle It With Body Odour, Oh Sorry, With Body Language.

bros u bad o.

The crisis in the House of Representatives escalated today as the Speaker of the House of Representatives, Yakubu Dogara, Monday, inaugurated 96 special and standing committees of the Nigerian lower legislative body.

The crisis became evident as the inauguration ceremony was boycotted by Key members of the House of Representatives. The Majority Leader Femi Gbajabiamila led his loyalists in the ruling All Progressives Congress to boycott the ceremony.

APC legislators loyal to the Bola Tinubu axis have complained that the nature of the composition of the committees favored the opposition of Peoples Democratic Party and such was capable of the “change mantra” that President Muhammadu Buhari espouses.

Yakubu Dogara in his statements defended the number of the committees which Nigerians criticized as bloated saying;
“Some commentators have decried the large number of Committees as being unwieldy and non-cost effective,”

“This criticism, even though, apparently well intentioned, misses the point. Experience gained from the operation of Committees since 1999, shows that some ministries’ functions and mandates are very wide indeed and cannot be effectively supervised and overseen by a single Committee.

“For instance, the House split the Committee on Education into two, namely: Basic Education and Services and Tertiary Education and Services. The old Committee on Education had a mandate to oversight the budget and policy issues of the following institutions:
“Unity Schools, 22 No. Federal Colleges of Education, 36 No. Federal Universities and 24 No. Federal Polytechnics.”

“There is no way a single Committee can adequately oversight all these agencies with House members also attending to other issues in Plenary Sessions, like lawmaking and other representational responsibilities,”

APC got 48 committees of the 96 committees, PDP got 46, Social Democratic Party and All Progressives Grand Alliance also got one committee chairmanship seat each.

http://www.thebreakingtimes.com/rascality-gbajabiamila-and-loyalists-boycott-committees-inauguration/

if e no fayose, e no fit be like fayose.

cruzyteejay:
you don ever hear say dogs whether E-DOGS or really dogs catch calabar guy?

lolz abadie

seunmsg:
If the under 17 team had performed woefully, won't you blame the president for their woeful performance?

THIS IS MISPLACED PRIORITY, NOT EVEN AT A TIME WHEN OUR ECONOMY IS DYING

THIS IS ANOTHER BUHARI'S ACHIEVEMENT IN LESS THAN SIX MONTHS,