Yoruba people are slow to learn.

What if Buhari don't pick another Yoruba person since he is fond of killing Federal Character.

CsRockefeller:
In the month of June, NNPC remitted about N147 billion into FAAC for the month of June. This figure didn't go down well with members of FAAC which the Minister of Finance heads alongside state commissioners of Finance.

They demanded NNPC refund monies as oil price during that period had increased. NNPC were going back and forth, giving the excuse that they have met the minimum agreement of what they should remit into FAAC as agreed with the Governors.

I recall, as corps members we weren't paid until the 12th of July, in fact, the issue wasn't resolved until the end of July when the Vice President intervened, many government workers got their salaries for June very late.

I wasn't surprised that a week into the imbroglio, Mrs Kemi NYSC certificate scandal came up/broke out. It was simply corruption fighting back.

Former Efcc boss Mrs Farida Waziri once said that "when you fight corruption, corruption fights back". Mrs Okonjo Iweala corroborated her statement with her book " fighting corruption is dangerous".

Clearly, some powerful Government officials have decided to steal from our common wealth, and any hindrance to their plan must be removed.

If you think Mrs Kemi resignation is a good event, then think again. Now, with Mrs Kemi out of the way, this cabal will probably have a filled day to the cookie jar and have a swell time like Winnie the pooh.

As I conclude, I ask, how many Nigerians can beat their chest and say they haven't cheated the system before? How many Nigerians haven't cut corners one way or the other to get their ends met?

The Law was made for man, not man for the law, but we have chosen the law over faith/competence/ability, too bad. However, posterity will be kind on Mrs Kemi, her achievements despite the atmosphere she met the economy and her honorable act will continue to speak for her even in death.

These are my thoughts.

Mbachu Camillus an Economist
wrote from Jos, Plateau State.

This is what I have being saying to resurgent2019 but he fails to understand.


There is more to this case than NYSC.


I believe Kemi has seen clearly that Buhari is not sincere about a New Nigeria and so decided to quit.


Very soon, Osinbajo will follow suit.

Slayer1914:
"I do hope we realize Nigeria is the loser in all of this. The reality is that Kemi Adeosun was a pain in the lives of very powerful forces in this country who have dug up dirt on her and gotten rid of her.

The reforms in tax administration she spearheaded made a massive difference on our path to recovery from the recession.

This is not a triumph of journalism. It is a triumph of the enemies of Nigeria
Gloat circumspectly in the sure knowledge that your victory is pyrrhic"

Segun Sopitan, public administrator

Next time, do not sabotage a fellow southerner (Jonathan) just because you desire to rule through the backdoor.


Hope Yoruba people are learning.?

buharitill2023:
As far as the news is from deji is a fake news.
But if it is true,
He should be there till next year except he name his sponsor.
Just imagine the corrupt hungry guy saying thief saraki is what he want,
What a shame?
And the jobless aggressive lazy idiotic pigs of bia-fra terrorist are applauding the jobless lazy guy as their hero.

You need sense.


Pls download one through google playstore

ibedun:


See this refugee ipob? Yoruba people should just drive this people out of our land joor.

So pained


Next time don't betray your fellow Southerners in favour of a Hausa Fulani man.

immhotep:

Name-checkers like resurgent2019 can finally see that the journalist is NOT Igbo.


CC onyeoga madridguy buhariguy omenka shalomc iceberg3 yarimo odvanguard pointzerom t9ksy imperialyoruba odvanguard yorubaassasin alariiwo lzaa Ikenna0b ngeneukwenu captaing00d roger3d IbrahimDamola jumpandpas

resurgent2019 na small pikin sense wey him get.

There is nothing wey I no explain to the guy but his hatred for Ndigbo no make am understand watsup

iammo:
more like kemi stepped on toes of the cabals by revealing discrepancy in NNPC remittances, causing chaos during FAAC meetings between all state finance commissioners and herself. the dude simply came up with his " investigative journalism " immediately kemi started having issues with the powers that be. Now the easily manipulated short memory Nigerians have forgotten about southern DSS boss been sacked for a northern retired officer, they are busy with APC fall guy, and deflection plan(kemi's resignation)

This is what I have being trying to explain to this small boy called resurgent2019 that can't reason with his brain because of his fear & hatred for Igbos.

thunder002:
That's has been their tools, waging war against any media house that dares to make public the real situation on the ground, I made calls to all my friends in all these cities, it was a total shutdown even my hausa friends didn't hide their surprises, shame to all these media houses

and ezenwajosh, don't blame the media trying to save their license from being withdrawn.

ezenwajosh:
WE TOLD THEM PVC IS NOT THEIR SALVATION

THEY KEPT SHOUTING GET UR PVC.....OGA EMEUNU VAM N'ANYA

Result that has been decided already.

Who PVC epp

Hausa Fulani people that rarely value education are now more competent than we Southerners in administration according to Buhari.


Buhari is putting the Hausa Fulani people on a collision course with the rest of Nigeria.

Felixv:





I have never heard of a foreign company building roads in another country ----I have been to Ireland -the roads are good,there is no power disruption,and it is a fairly decent place to live -dublin and cork being their two major cities. They also have some very good colleges led by Trinity college.
It is true their corporation tax is low but they also offered a lot more -i.e business parks and grants so companies like ibm,Microsoft and pay pal can setup shop there.

But the US with their high corporation tax also attracts a considerable amount of investment also.

There is no shortcut too true industrialization --this is what we need to bring the type of jobs we need --where thousands would be enployed.

First and foremost, I want to thank you for acknowledging & highlighting my point below


" The Infrastructures we are shouting up and down about, would have been built by those companies in order to make the environment business friendly for themselves since they are not being taxed.
The power stations, railways, airports, seaports, roads to the ports & population centers, etc would have been developed by them. " by Eternaltruths.




As for the issue of roads, companies have fixed roads that are essential to their ease of doing business especially roads leading to population centers & ports.


In the East of Nigeria, the major problem is that, when companies & communities try to repair bad roads, government officials do stop them because they the government officials want to always have a cover up to keep looting money by awarding the repairs/constructions of those roads every budget year.

Eg

Amaechi told Wike not to fix Aba - Port Harcourt express road because of political hatred for each other.


So, we need laws that can stop government officials from stopping people/businesses from repairing roads that they seek to fix without charging a dime from the public.



As for electricity, Nigeria will never solve the issue until three things are done:

1) Tax exempt electricity companies.

2) Arrest people for illegal connections.

3) Find a technological way of making it impossible for defaulters to illegally reconnect their electricity.




Jomonic, have you watched those videos including the Men Who Built America.

Awaitingkopa:
lol how nah

Fine.
How your side.?

Awaitingkopa:
Lmaooo... Dey no know say naija pple get time we'll well to Yab them.. Cos no work or job

Your own worst pass.


You wan burst my belle with laugh.

Gagare1:
In as much it is the right step to take I am trying to put myself in her shoes. It is never easy to step down from a position of privilege and power, and considering the circumstances surrounding her leaving the office, it must be hard for her. I wonder how these politicians deal with the daily bashing from the public. I chose not to gloat over your misfortune Ma'am because I am not the person who brought you down, but justice must be done if we must progress as a nation. I hope Buhari follows suit.

Be careful of the ugly habit of gloating over the misfortune of others, even if they deserve it. God can use it against you.

Are you sure you are a Northerner.?


Northerners don't have the wisdom you have.


Pls, tell me the truth.


Your mum is from which part of Nigeria.?

CROWNWEALTH019:
Fulani be like MTN everywhere you go

The annoying thing is that the old full won't be alive to pay for his sins, but I'm sure Yusuf and his siblings will pay for the sins of their useless lifeless father.


HE DOESNT HIDE HIS HATRED FOR SOUTHERNERS, TO THINK THAT TINUBU AND HIS SHEEPLES OPEN EYES TO VOTE AND SUPPORT THIS MAN IS WHAT I DONT GET...



We told the Yoruba's, now they are riding in the belly of the TIGER

2011 TINUBU SUPPORTED JONATHAN TO FALL BUHARI HAND, HE GO SUFFER HIS OWN IF BUBU WINS



Na I too know make Tinubu be wetin he be today, he no get mouth and level anymore

God allow some things so that people won't make or repeat mistakes.


The question now is

Will Yoruba People Ever Understand The Hand Writing On The Wall.?

jomonic:


I have not had time to look at the videos. I will look at them. Are you suggesting that the private sector will invest in infrastructure development when they get tax cuts. Even if they do it will never be enough or even make an impact. Tax cuts can enable companies expand their business, increase their profits, achieve more CSR feats, etc. But it will never replace the responsibility of government to spend on infrastructure. Government is in a unique position to do that because they are more concerned with a bigger picture of the landscape. Leaving it for the private sector has not worked and will never work. The private operators are concerned more with their business and stakeholders both internal and external. Therefore, I still believe that rebuilding infrastructure (top priority), tax cuts (yes), power generation, security, etc. are at the core to taking the SE out of poverty.

I will recommend a video for you.


Go to YouTube and download


" The Men Who Built America "


The video will enable you to understand why the United States tax friendly policies between 1800 - 1930 helped her build world class infrastructures through the help of tax exempted companies and why nations that their governments were the supermen failed woefully eg Soviet Union, Yugoslavia.




But before then, take note that government can not do everything and therefore needs the private sector to handle lots of things.


Do you know that 90% of the railways in the US were built by the private sector.?


Do you know that Germany & Japan infrastructures were built through the wealth of FABEN, Mitsubishi etc.



Pls download " The Men Who Built America " if you want to understand why all nations with corporations that are tax exempted tend to have better infrastructures eg China with her 21 Economic Free Trade Zones.



In the 1900, Argentina was one of the 3 richest countries in the world until in 1945 when Péron took over power and nationalized everything.


Today, Argentina is amongst the poorest in the world all thanks to big government.


The East needs more Dangotes and not Big Government.



If not for the private sector eg MTN, you and I will not be able to share ideas on Nairaland if we are still using NITEL.


Imagine what will happen if we encourage more electricity companies to come in through tax exemption.


Just watch those videos alongside " The Men Who Built America "

So you want Fulani terrorists in military uniforms to kill my people.?

obailala:
When a country has 180 million mouths to feed and it relies on just 1 volatile priced commodity for income, borrowing is inevitable if and when calamity strikes. So yeah, there's no crime in borrowing to sustain things when you run out of income to feed your teeming population; diversifying sources of income cannot be done in a day, and people need to feed whilst that is ongoing.

The real question we should be asking however is, the last economic team which folks like you blindly glorify as experts, despite the fact that they received ~$400 billion in oil income (4 times what the current tem received), can anyone please tell us the reason Nigeria still borrowed massively between 2010 and 2014 (I understand why they borrowed in early 2015 for salaries, income was already dropping due to oil price)?

Is that why they misused Abacha's loot of $302m that was refunded and left for China to borrow $328m.?



Nigerians like you are the reason why Nigeria is underdeveloped.

obailala:
Even the last finance minister who is known globally as an expert borrowed massively even at a time when Nigeria made almost 4 times what it's making presently; but she's never received even 1% of the critcism which the current lady who borrowed at a time of recession is receiving. People need to cut this lady some slack, there's nothing so grievous about borrowing during recession.

Borrow borrow makes you rich abi


So, they can't think of ways of generating revenue.?

Op you are wrong because resigning now only affects her chances the more


Below Is The Real Reason:

There is an ongoing civil war in Aso Rock between the Yoruba and Fulani elites.

The Yoruba elites are tired of Buhari's style of government.

Kemi is the first to quit and many more will follow suit including Osinbajo.

Kemi's NYSC certificate scandal was exposed after June/July FAAC Meeting for challenging the Fulani herdsmen terrorists controlling & looting the NNPC to the detriment of other Nigerians.

aniomafirstson:

Ewu Gambia
anioma is anioma
whether asaba or okpanam all join
Na still anioma

So you believe that guy is Igbo.?

That guy na typical demonic Afonja

Nigerian Breweries posted

revenue of:

N254.7 billion in 2017,
N222.7 billion in 2016.

Cost of sale rose from:

N125 billion in 2016 to
N148 billion in 2017,

gross profit stood at:

N106.6 billion in 2017
N97.4 billion in 2016.

Marketing and distribution expenses rose from:

N43.35 billion in 2016 to
N49.40 billion in 2017

administrative grew from:

N16.48 billion in 2016 to
N17.00 billion in 2017


net finance charges (NFC)Â fell from:

N10.2 billion in 2016 to
N7.9 billion in 2017.


As a result, Nigerian Breweries ended the period with

profit before tax (PBT) of:

N34.42 billion in 2017,
N27.79 billion in 2016,

profit after tax (PAT) rose from

N20.1 billion in 2016 to
N24 billion in 2017.



Take note:

PBT - PAT = Tax


2016

#27.79b - #20.10b = #7.69b ( 27.67%)


2017

#34.42b - #24.00b = #10.42b ( 30.27%)



Jomonic, you see these billions of naira demanded by government, if government changes it's tactics from pay tax to, employ more Nigerians at your own operational cost, this money will be channeled into building the infrastructural needs that Nigerian Breweries need to operate smoothly.


Example


With 7b, 10b etc tax paid in naira over the years, NBL would had

1) installed electricity gas plants in all it's branches.

2) fixed/build the roads/railways leading to key commercial centers its products are sought for.

3) build Technical centers that can be shared with universities/polytechnics in order to

*) save cost of training new job applicants by training them when they are still undergraduates

*) fulfill it's Socio Corporate responsibilities.


4) etc




Jomonic, hope you understand what companies can do with more finance in their pockets.




This is for Nigerian Breweries only


Jomonic, imagine what will happen if you have an Electricity Company that is tax exempted with an agreement to increase its generation, transmission and distribution every year until Nigeria is saturated with electricity.?



Hope you now understand Jomonic.

jomonic:


Tax exemption is a good incentive, but you may need to buttress how it will help the case for building infrastructure. I think you omitted build operate and transfer as one area that can be explored. Create industrial parks near the natural gas wells or in proximity of gas pipeline routes; yes, I agree. But we have none today in the SE heartland.

I am not aware that the heart of SE is included in the nation’s gas master plan, which may be deliberate. No problem. Our people can develop the gas fields within our zone. What are the bottlenecks? Who are the owners and what problems do they have that they have not developed these reserves? Are these financial, regulatory, etc. issues? Our people can make a focused effort to resolve these bottlenecks and move forward. Energy is extremely important. You may not realize what impact it will have even on the existing industries if energy is resolved. They might even experience organic growth in a short period. We have generating companies already in Nigeria. Transmission, and distribution is a no-go area, but off grid is possible.

I will explain later but first and foremost, pls watch this video so that you can easily understand my point while I search for other videos and information that can enable you to understand.




https://www.youtube.com/watch?v=pfANf1I4sUQ




Watch this also



https://www.youtube.com/watch?v=sDzSIuW6uiM


Watch this 3rd video



https://www.youtube.com/watch?v=zjiqHD1cqEg

resurgent2019:


Buhari is a misfit for the office of President,in fact, he debases it for every minute that he remains there. But stop peddling lies that there is a civil war going on in Aso Rock. You igbos thrive on sowing seeds of division, discord and dissension.

Your malign campaign is synonymous to that of the Russians over western democracies and we know all about it. Let’s concentrate on your victory of ousting your adversaries from Office.

No problem if you think I am lying.


It is a matter of time before the truth unveils.

resurgent2019:


If Osinbajo quits, I will give thanks to Almighty God because a pastor is not supposed to be seen with a Jihadist like Buhari (My position on that is well known).

But on this Kemi Adeosun issue, you igbos frustrated her out of the job for ethnic reasons and I am telling you that Igbos cannot be rewarded with the Finance ministry.

Pls, grow up and listen to me who is better informed than all your ancestors & descendants put together.


Read This Below:


There is an ongoing civil war in Aso Rock between the Yoruba and Fulani elites.

The Yoruba elites are tired of Buhari's style of government.

Kemi is the first to quit and many more will follow suit including Osinbajo.

Kemi's NYSC certificate scandal was exposed after June/July FAAC Meeting for challenging the Fulani herdsmen terrorists controlling & looting the NNPC.

Glorymax:
Don't know the main reason for her resignation, be it the NYSC certificate issue. However, my major concern is how the over $70 billion foreign debt hanging on the nation's neck will be settled.
It will be on record that under watch, our debt profile rose to that height.

There is an ongoing civil war in Aso Rock between the Yoruba and Fulani elites.



The Yoruba elites are tired of Buhari's style of government.



Kemi is the first to quit.


Kemi's NYSC certificate scandal was exposed after challenging the Fulani herdsmen controlling the NNPC at June/July FAAC meeting.

resurgent2019:


Leave odua republic alone and face the matter at hand. Which igbo economist do you want to replace Aunty kemi?

Let me educate you this amala saturated boy.


All southerners in Aso Rock are fed up with Buhari's style of government.


Kemi is the first to quit and watch out as more and more southerners abandon Buhari.


Even the DSS saga has annoyed Osinbajo who would still quit very soon.

resurgent2019:


Thats for us to worry about.

So where is the party at? Igbos have succeeded in ousting a yoruba woman from the finance ministry. Nkwobi must flow today in all igbo hamlets!

Do you know whom you are discussing with.?


Do you know if I am in the in-house.?

Do you know if she is fed up with Buhari's government and decided to quit.?

Do you know that it was after she exposed NNPC during the June/July FAAC meeting that her NYSC got exposed.?

Odua republic can never be great because of people like you.

resurgent2019:


Aunty kemi ma Bleep up oooo.

Awon omo Igbo lasan lasan lo je ki aunty ki resign?

The reason for her resignation is the most trivial in my estimation! NYSC certificate?

Certificates that graduates dump immediately they finish wasting one year of their lives and that doesn’t guaranty them jobs?

Well, all I know is that Buhari must replace her with either an Hausa or Yoruba.

Why are you seeing this issue with the eyes of a kid.?


Do you know if she is fed up with Buhari's government and decided to quit.?

Do you know that it was after she exposed NNPC during the June/July FAAC meeting that her NYSC got exposed.?



Odua republic can never be great.

resurgent2019:


Like I said, you and the entire south east should go and jail her let us see.

With this mindset, Odua republic can never be great.

resurgent2019:


For you igbos, this is about removing a bright yoruba woman from her position which you wrongly assume to be that of Ngozi Okonjo iweala.

We know how these things go. But I want to assure you that the position will not be given to an Igbo.

You lack sense by attacking the Igbos.

What if Buhari's excess borrowing and tribalism government finally pissed her off.

immhotep:

Whoever is competent, qualified and will not go about sheepishly collecting loans like an 1mbecile.



CC onyeoga madridguy buhariguy omenka shalomc iceberg3 yarimo odvanguard pointzerom t9ksy imperialyoruba odvanguard yorubaassasin alariiwo lzaa Ikenna0b ngeneukwenu captaing00d roger3d IbrahimDamola jumpandpas

I believe she is fed up with Buhari, that is why she resigned.