Firefire's Posts
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Truckpusher:I agree with you actually. Photooo keep it up! |
The photoman is here again. ![]() |
pay-back time for those who made the power seizure possible. Goodluck to them. |
Make una clap for una self. Good move. Please retain the power for life. ![]() |
Welrez:me too |
[size=18pt]Lie Mohamed has factory-fitted lying brain. [/size] |
AwesomelyMade:NO! He needs attention and now he got it. nonsensical nonsense. |
cramjones:SMH ![]() Apologies not relevant again. |
Good pics OP, I see you are good at your job of photography. Keep it up. |
[size=18pt]Lie Mohamed has factory-fitted lying brain. [/size] |
Nnaabros:Future will tell. |
ajepako:Point of order! This is not a romance between SW and the North but a FAKE Marriage between Tinubu and his northern friends. ( Original Yorubas are against the fake union. Let see how the game of power plays out! Shalom! |
Tinubu asking for Speakership position after trading it off some years back, abi ? Hon. Mulikat Akande Adeola from Ogbomosho penciled by PDP to occupy the seat was denied/robbed with the conspiracy of Tinubu, and was given to Malam Tambuwa. So, let the weeping continue. Osi pelebe. ![]() |
We share in the trying moment of Osun Civil Servants... ![]() God will deliver you all. |
Let me confirm first... |
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I trust this man... ![]() |
omisakint: |
Interesting... ![]() |
We are laughing at the men from the coven ![]() |
Temitemi1, good idea, do you know who can supply us the phone asap? we must meet the deadline, otherwise... |
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[size=18pt]Dear All, Please keep calm, the issue would be resolved appropriately.[/size] Thank you. |
Nemesis |
As the leadership of the All Progressives Congress, APC, continues to brainstorm on the zoning of offices in the executive and legislative arms of government, top contender for the senate presidency, Senator George Akume, at the weekend intensified his consultations. The Senate Minority Leader, who has adopted a quiet, discreet and unobtrusive approach in his quest for the exalted position since he was listed as a potential holder, hit the road on what a close confidant described as a ‘strategic cross-country diplomatic shuttle.’ Akume, who was in the South-West last week, met prominent national figures and respected political bulwarks. Notable among them were Former President, Chief Olusegun Obasanjo, APC National Leader, Bola Tinubu and former Osun State governor, Prince Olagunsoye Oyinlola. The former Benue State governor who is returning to the Senate for the third time, met the leaders in their respective domains in Abeokuta, Lagos and Okuku, respectively. Akume served as Benue State Governor, concurrently when Obasanjo was President and both men maintained a good relationship until the end of their tenures in 2007, despite Obasanjo’s brushes with Akume’s kinsmen like Dr Iyorchia Ayu, who was Minister in the Obasanjo government and Senator Barnabas Gemade, who succeeded the late Chief Solomon Lar as PDP National Chairman. And while Akume served in Benue,, Tinubu was Governor of Lagos, both of them belonging to the ‘Governors’ Class of 1999 to 2007.’ Oyinlola succeeded Chief Bisi Akande, former Interim Chairman of the APC as Osun State governor on the platform of the PDP in 2003, but all three men have since found common grounds in the progressives’ camp. While there was no official communication after each of the meetings, the interactions may not be unconnected with the topical issue of the Senate Presidency. Akume has also had several engagements with former Vice-President, Atiku Abubakar, who may likely emerge as Chairman of the APC Board of Trustees. Akume was governor when the highest Tiv honorary traditional title, ‘Zege Mule U’Tiv’ was conferred on Atiku. Akume’s backstage consultations have also taken him to see Kano State Governor, Rabiu Kwankwaso, who has also been elected Senator to represent Kano State, Prof Ango Abdullahi, Vice-Chancellor Emeritus of the Ahmadu Bello University, ABU, former Inspector-General of Police, Ibrahim Coomasie and former Kogi State Governor, Abubakar Audu. Sources in Akume’s camp will not readily draw a link between his recent travels and the issue of the Senate Presidency. As one of his aides volunteered, however, ”Senator Akume is a very highly regarded statesman in his own right. Consultations with like-minded leaders on issues bothering on our socio-politics should be a routine affair.” Pressed further, the source said: ‘If the APC is truly about change, that change should reflect in the way we do things, so we send a very strong message to all Nigerians that they can be assured of a sense of belonging irrespective of where they come from. We have produced a President-Elect from a majority ethnicity, we have produced a Vice-President-Elect from another majority ethnic group, APC must be sensitive to the sensitivities of the minorities, across both divides of the Niger http://www.vanguardngr.com/2015/05/senate-presidency-akume-in-shuttle-diplomacy-meets-obj-tinubu-atiku-kwankwaso/ |
Let the change be real... |
Other states with relatively large external debt are Edo – $123 million, Ogun – $109 million, Bauchi – $87million, Enugu – $62 million, Katsina – $78 million, Osun – $67 million and Oyo State – $72 million. A breakdown of the debt showed that $3.146 billion of the debt owed by states were borrowed from multilateral institutions while $118.9 million were bilateral loans. Based on the rising debt profiles of state governments, the Federal Government last year directed banks not to grant fresh loans to state governments until they got the relevant approval and clearance from the Federal Ministry of Finance. The Federal Government had defended its decision to dissuade banks from granting unsecured loans to state governments, saying it was to protect the states from excessive accumulation of debts. States have not done enough to boost their revenue profile. They have relied mostly on federal allocation to survive. If Buhari wants to make a difference, he should begin by implementing true fiscal federalism. The change that brought him to power should embolden him to change the financial anomaly that implements a unitary fiscal policy in a federation. Whatever line of action the APC-led Federal Government would want to take that is not based on fiscal federalism, the hues and cries about damaged economy will continue whenever there is no money to share. So, APC and Buhari, no excuse for failure, change must be change. http://www.vanguardngr.com/2015/05/apc-and-buhari-no-excuse-for-failure-change-must-be-change/ |
Last week, President-elect, Major-General Muhammadu Buhari (retd) surprised Nigerians when he said that he is currently at a loss on how best to tell Nigerians that his promise of turning the economy around quickly upon assumption of office on May 29 may not be feasible. One would have expected the renowned general to know better. He was swept into office by the propaganda of change. Nigerians bought the slogan line, hook and sinker and voted him to power. Change, it is said, is the only constant thing and does not come by wishes. It is no news that whenever there is downturn in oil prices, the economy experiences financial stress. The economic circumstance that brought about a military coup that made Buhari head of state in 1983 has not changed. It was the fall in oil prices that made the Shagari-led Federal Government to introduce the very first austerity measure in the country. Buhari knew what followed during his 18 months in the saddle. It should not be news to him that the economy is down, almost on its knees because there is no money to share at the federal level. APC and Buhari must note that it is by dint of hard work that change comes about. If there was surplus money in the treasury, I am sure Nigerians would not have voted for Buhari. They voted for him to lead a team that will change the political, as well as the economic situation in the country. Whatever it will take, Nigerians expect Buhari and his APC co-political travellers to find a winning formula to restore the economy and not give lame excuses. Buhari is already looking for excuses to explain possible failure on his part and those of his governors and party in the future. . Buhari premised his fear on the perception that the economy has been battered by the out-going government of the People’s Democratic Party, PDP. This was even as governors elected on the platform of the All Progressives Congress, APC, said empty treasuries may be awaiting them in their respective states. The governors cried out that most state governments had gone bankrupt and, therefore, cannot pay workers’ salaries. According to them, it was obvious that they were going to inherit huge debts which may delay speedy progress in their respective states. The state governors that went to Buhari were shedding crocodile tears. Governors are the major problem of the economy. They failed in their respective states to build a viable economy, depending totally on proceeds from the federation account shared on monthly basis. How many of the 36 federating states were able to attract direct foreign investment in their domain in the last four years? How many new factories and industries were established in the states during this period? How have the governors built the economy of the various states? Those who went to Buhari did not tell him that APC states like Lagos, Edo and Osun, are currently the most indebted in the country. They did not tell the President-elect that Lagos which was run by APC all this while, had an economy where its internally generated revenue has been on the increase. In 2010, Lagos State’s internally generated revenue was N149.966 billion. It rose to N202.761 billion in 2011. It further went up to 219.202 in 2012 and again rose to N384.259 billion in 2013. Figures for 2014 are yet to be made public. If the economy of Lagos was damaged, how come its internally generated revenue had been on the rise? In the same vein, Kano State governed by APC had internally generated revenue of N6.618 billion in 2010; it was the same for 2011 but rose to N11.051 billion in 2012 and further to N17.142 billion in 2013. Rivers State that was initially PDP but later APC had an internally generated revenue of N49.632 billion in 2011, N52.711 billion in 2011, N66.275 in 2012 and N87.914 in 2013. In Edo State, the internally generated revenue stood at N10.651billion in 2010, N14.764 billion in 2011, N18.88 billion in 2012 and N18.89 billion in 2013. In all the states sampled, the internally generated revenue was rising rather than falling. It thus suggests that states which took steps to boost their revenue sources had increased revenue profile. Curiously, the external debt profile of states has shown that Lagos State has the highest with a profile of $1.087 billion, followed by Kaduna State with a total of $234 million. Cross River State followed closely with an external debt profile of $131.469 million. |
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