₦airaland Forum

forgiveness:
Forgery simply means to make a counterfeit item of; to copy or imitate UNLAWFULLY. i.e something unanthorized by a legitimate source.

Then, who is the authorized source able to comfirm Gen buhari's results as a counterfeit item or legitimate item?

The answer is simple;
The University Of Cambride Local Examination Syndicate (UCLES), now know as Cambridge Assesment or WEAC.

Meaning other means apart from the stated Authorized source can not certify the AUTHENTICITY OF GEN BUHARI'S STATEMENT OF RESULT.

Therefore,even no forensic Analysis can Annull or Certify the AUTHENTICNESS of Gen Buhari's statement of result.

Forgery simply means to make a counterfeit item of; to copy or imitate UNLAWFULLY. i.e something unanthorized by a legitimate source.

Then, who is the authorized source able to comfirm Gen buhari's results as a counterfeit item or legitimate item?

Forgery simply means to make a counterfeit item of; to copy or imitate UNLAWFULLY. i.e something unanthorized by a legitimate source.

who is then the authorized source able to comfirm Gen buhari's results as a counterfeit item or legitimate item?

can one pls explain what Governance or Leadership has got to do with Buhari waving his broom above his shoulder for 30 secs?

when you make decisions don't react or speak according to your first dimensional thoughts but according to your second dimensional thoughts.

the formal is only emotional and it could only come back to hunt you but the later is well thought and could save life.

but Olisa, seems you followed the formal and it now seems to hunting you!

lygn19:
yeah but u can't compare d volume to that with those at litoral states.

For now, i can't dispute to that fact unil another oil discovery prove otherwise.

lygn19:
did u discover dat all dz states hv sth in common. Dey re coastal states.

but oil is also found in the mainland e.g Oguta Imo.

it's no hear say, i saw it with my koroko eyes. it is just across the blue lake.

9jacrip:
I have done that but apart from Rivers, Delta, Bayelsa, Akwa Ibom and Edo. The others are generally brushed aside or mentioned in passing.

My inference from the above is that the 5 states actually bear the weight of oil profuction and the other states cannot even sustain Nigeria alone with whatever oil they produce.

Lastly, I generally do not expect an oil producing state to be dead like Abia is. It should be merged with Imo, honestly.

list of top 5 oil producing state in Nigeria are;

1, Akwa Ibom
2, Rivers
3, Delta
4, Bayelsa
5, Ondo and not Edo

ikenne Remo Ogun State.

Gboliwe:
This is off the hook HILARIOUS! I mean, I am ROFLMAO!

can you pls tell me your reason, why this is off the hook?

remember it is my opinion and i am entitle to it.

i don't know about tinubu's past but one thing i know is that he is more qualified than fashola or any other governors vying for the office of the vice president if religion is not considering factor.

good gesture

this is serious if news is true.

waiting to hear from millitary spoke man.

how save is it?

Lagos Rail Mass Transit System Nigeria


Key Data

Nigeria's largest city Lagos is constructing a light rail system under a public private partnership (PPP). The project is sponsored by the Lagos State Government (LSG) and will be developed by Lagos Metropolitan Area Transport Authority (LAMATA) on behalf of LSG.
LAMATA has proposed seven lines in the network: Red, Blue, Green, Yellow, Purple, Brown and Orange.
China Civil Engineering Construction Company (CCECC) has been appointed as the contractor for the construction of the first line (Blue). The contract includes the basic design and construction of the rail infrastructure. Detailed design and surveying for the entire project has been completed.
CCECC is constructing the Blue line in two phases. The first phase includes the National Theatre to Mile 2 section and the second phase includes the Mile 2 to Okokomaiko section. CCECC has completed 90[% of the structural work for the line. By the end of 2012, 8km of the Blue line is expected to be completed.
Construction of the Blue line was initially expected to be completed by 2011 but has been delayed to 2015 due to funding issues. CCECC may have to suspend work if funding is not secured.
Lagos rail mass transit system project

The first two lines of the urban rail project are estimated to cost $1.4bn. The Red line will be 30km long, and will run between Marina and Agbado. The Blue line will be 27km long, connecting Okokomaiko to Marina.
"LAMATA has proposed seven lines in the Lagos network."
The Blue line will cost $1.2bn [i]and will be funded entirely by the Lagos State Government (). In May 2012, the Lagos government commenced negotiations with potential investors for the operation and maintenance of the line.
The 30km-long Red line will use the existing Nigeria Railway Corporation corridor. It will be constructed through a concession arrangement. Discussions with a preferred bidder for construction of the Red line are ongoing.
The concession contract will be for the operation and maintenance of the lines for a 25-year period. The scope of work for the concessionaire will also include design and construction of the infrastructure associated with operation and maintenance of the lines.
The transaction adviser for the Red line is Dar Al-Handasah. CPCS Transcom is the transaction adviser for the Blue line. The two transaction advisers have conducted feasibility studies and conceptual design work for their respective lines.
Red Line: Marina to Iddo

The Red line begins as a double line at Marina and runs through Ebute Ero ending at Iddo. It then runs northwards via a reverse curve to reach Ebute Metta. The line runs straight to Yaba, Mushin and Oshodi before reaching Ikeja. At the Ikeja station, the Red line is linked to the line from the international and domestic airport terminal. From Ikeja, a single line will run to the airport terminals. The Red line moves as a double line further northwards from Ikeja to pass through Agege, Iju and finally reaches Agbado.
"CCECC won the construction contract for the Blue line. "
The passenger railway service run by Nigerian Railway Corporation (NRC) from the north will terminate at the Agbado interchange. Passengers travelling to Marina using NRC services will change train at Agbado and continue their journey on the Red line. Some of the Red line section from Agbado will run on NRC corridor tracks.
The Blue line starts at Marina station and runs along Ebute Ero and Iddo stations ¬- same as the Red line. From Iddo, the Blue line running on an elevated platform moves along the National Theatre station and makes a descent at Iganmu to join the expanded Lagos-Badagry Expressway, an expansion conceived to ease link between Nigeria and neighbouring West African states, Alaba, Mile 2, Festac, Alakija, Trade Fair station, Volkswagen station, LASU and finally reaches the Okokomaiko station where it ends. One of the two bridges being built for the Blue line is at Mile 2.
Island-style platforms

The Red and Blue lines will have 13 stations each. Three stations in the south end of the Red line will be shared with the Blue line. The two lines will therefore comprise 23 stations in total.
The stations will have island-style platforms and commuter payment systems. Public address and electronic information screens will be installed in each station. The Ebute Ero station will also have an escalator.
A number of rail crossings with elevated road structures will be built along the lines. A total of 35 pedestrian bridges will be constructed over the Nigerian Railway Corridor. Cable ducts and walkways, in addition to drainage system with two walls will be built along different sections of the lines.
Between Marina and Iddo stations, a combined 5km viaduct rail over road and cable stay bridge will be built, linking the Red and Blue lines.
Other infrastructure to be built as part of the project include stations; signalling, control and communications (SC&C) systems; supervisory control and data acquisition (SCADA) systems; depot and workshop facilities; an operations control centre and a training facility for train drivers.
"The Blue line will be 27km long, connecting Okokomaiko to Marina."
Rolling stock

The Red line is anticipated to operate with 12-car trains. More cars will be added according to demand. The maximum number of cars will, however, be limited to 16 a train. The 16-car trains will be 352m long and the 12-car trains will be 264m long. The cars will accommodate 300 passengers each.
Signalling and communications

The light rail system will employ the latest train authorisation systems, automatic train protection (ATP) and in-cab signalling in all of its lines. The wayside equipment will be minimised so that the drivers will not exceed the authorised movement limits. The ATP will help to maintain the speed restrictions set on the lines. To ensure that the signalling is available even during power cuts, a backup power system will be fitted.
Lagos today.

Mogidi:
Its not just Ijaws that hates the Itsekiris, the Urhobos hate them too. When Awolowo was premier of Western region he favoured the Itsekiris, made the Olu of Itsekiri to be the Olu of Warri. Itsekiri influence died with the plebiscite of 1963 that carved out the midwest from the western region.

I personally believe the Itsekiris would be better off relocated to Ondo state.

Sir, do you know the rightful owner of the land the project was sited which is warri south west?

and the constitutuonal rightful owner or owners of warri?

pic alianze arena

ikechialex1:
Oh Godswill Akpabio s a d Man, ds s beautiful, ds wow, infact ds s Nigeria, if i say “ Best Stadium in Africa” I stand to b corrected or m correct

almost look like alianze arena in Germany.

i heard it can be expanded to 60,000 capacity. me no sure oo. e

Exchange rate history
This table shows the historical value of one U.S. Dollar in Nigerian naira - PM = Parallel Market.
Date Naira per US $ Date Naira per US $
1972 0.658
1973 0.658
1974 0.63
1975 0.616
1976 0.62
1977 0.647
1978 0.606
1979 0.596
1980 0.550 (0.900 PM)
1981 0.61
1982 0.673
1983 0.724
1984 0.765
1985 0.894 (1.70 PM)
1986 2.02 (3.90 PM)
1987 4.02 (5.90 PM)
1988 4.54 (6.70 PM)
1989 7.39 (10.70 PM)
1990 7.39 (10.70 PM)
1991 8.04 (9.30 PM)
1992 9.91
1993 17.30 (21.90 PM)
1994 22.33 (56.80 PM)
1995 21.89 (71.70 PM)
1996 21.89 (84.58 PM)
1997 21.89 (84.58 PM)
1998 21.89 (84.70 PM)
1999 21.89 (88-90 PM)
2000 85.98 (105.00 PM)
2001 99-106 (104-122 PM)
2002 109-113 (122-140 PM)
2003 114-127 (135-137 PM)
2004 127-130 (137-144 PM)
2005 132-136
2006 128.50-131.80
2007 120-125
2008 115.50-120
2009 145-171

CBN Restricts Dollar Sales As Naira Sinks Below N170 In Almost 5 Years by msmon(m): 7:51am
Muhammad Bello in Abuja and Obinna Chima with
agency report
With the price of crude oil heading south and the country’s foreign reserves under pressure, the Central Bank of Nigeria (CBN) yesterday banned the sale of dollars at its Retail Dutch Auction System (RDAS) to importers of telecoms equipment, power generators and finished products.

Others affected by the ban include importers of
electronics, finished products, invisible transactions
business and information technology.
However, they can source their foreign exchange
requirements from the interbank market and dealers.

Owing to the directive, the naira hit a new intra-day
low in almost five years to N170.05 against the dollar yesterday, falling 1.87 per cent as the stock market continued to slide, Reuters reported.

In a circular titled, Exclusion of Some Transactions
from the RDAS Window, posted on its website
yesterday, the CBN said: “This is to inform all
authorised dealers and the general public that in
order to maintain the existing stability in the foreign exchange market and to further strengthen the various measures already initiated by the Central Bank of Nigeria, the importation of the following items shall henceforth be funded from the interbank foreign exchange market only: electronics, finished products, information technology, generators, telecommunications equipment, invisible transactions.”

In another circular, the central bank also said it had
observed that banks and discount houses now have a preference for keeping their idle balances in its
Standing Deposit Facility (SDF), thereby constraining the process of financial intermediation.
In order to encourage banks to increase lending to
the productive sector of the economy, the regulator
therefore announced a review on the guidelines for
the operations of the SDF.

Specifically, it stated that “the remunerable daily
placements by banks and discount houses at the SDF shall not exceed N7.5 billion. This shall be
remunerated at the SDF rate of 10 per cent per
annum.
“Any deposit by a bank and discount house in excess of N7.5 billion shall not be remunerated. These provisions are without prejudice to the subsisting Monetary Policy Rate (MPR) corridor.
“For the avoidance of doubt, the SDF remains as a
monetary policy tool.”

According to the banking sector regulator, the MPR
corridor remains +/- 200 basis points, that is 10 per
cent per annum up to the limit of N7.5 billion.
Reacting to the CBN’s directive on the diversion of
demand from CBN’s official foreign exchange window to the interbank market, a market analyst, who preferred not to be named, said: “The objective of this policy decision is to reduce pressure on foreign exchange reserves.

“In October, the CBN used 10 per cent of its foreign
exchange reserves to intervene in the foreign
exchange market. The last time the CBN used such a large share of foreign exchange reserves, in a month, to intervene was in the second half of 2011 and the central bank devalued the NGN by 5 per cent in November 2011.”

He said the policy decision confirmed that the CBN
could not afford to keep intervening in the foreign
exchange market to defend the official target
exchange rate of NGN150 +/-3%, at the rate it has
been doing in recent weeks, especially in a depressed oil price environment.
“In enacting this policy, the CBN must have expected the interbank exchange rate to weaken. Which makes me wonder if this policy decision is a tacit devaluation” he said.

On the second directive by the central bank, which
capped banks’ deposits that earn interest, he termed the move negative for the naira.
“I think this is negative for the naira, because it will
result in banks diverting funds to treasury bills,
which will put further downward pressure on yields
and make them less attractive to foreign investors.”
The market analyst said the fact that both policy
decisions were naira-negative, was evident from the
depreciation of the naira to its weakest level,
NGN171.82/$1, where after it retraced to about
NGN170/$1.
“I believe the central bank must have anticipated
further naira weakness, and widening in the gap
between the official and interbank exchange.
“It is for this reason, I believe this may possibly be a
tacit devaluation, or at least a precursor to an explicit one that may be announced at the November 25 MPC meeting,” he explained.

He added that the implication of the policies adopted by the CBN was that the rate of inflation would rise and could have adverse consequences on consumer stocks.

The stock market also remained bearish in
yesterday’s trading, as major company stocks
depreciated further, with Nestle leading the losers'
chart with a N47.5 loss, to close at N883.
Forte Oil slumped from N208 to N194, while Dangote Cement, the biggest stock in the market, lost N10.4 to close the day at N198.

WAPCO fell to its lowest price of N80 in four years,
after shedding N8.73, Nigeria Breweries also took a
hit to N143.45 having lost N7.55, while Unilever
closed at N29.80, slipping down from N31.35.
Market capitalisation sank to N11.425 trillion, losing
N475 billion from N11.9 trillion at the close of trading the previous day.

www.thisdaylive.com/articles/cbn-restricts-dollar-sales-as-naira-sinks-below-n170/193422/

datolee:
I guess you didn't understand my argument.. Your link is saying what should have been added to the external reserve BUT my argument is[b],[/b] the money taken out from external reserve was to defend the naira and not for any other usuage

So how did your link correspond to my argument? I'm really getting lost by you

If the bases of your argument is the bolded.

then, what sayest thou about this?

Punchng
NDDC board: Ondo lawmaker sues Jonathan, Senate
12 months ago
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A lawmaker representing Ilaje Constituency II in the Ondo State House of Assembly,  Mr. Olugbenga Edema, on Monday,  dragged President Goodluck Jonathan; Senate President David Mark, and the Attorney – General of the Federation to a Federal High Court in Abuja on behalf of his people.
In the suit filed in Abuja, Edema is seeking an order of the court to declare illegal, null and void, the list of the NDDC board members sent by Jonathan to the Senate last week.
He also sought a declaration of the court that the people of the oil producing area of Ondo State deserved the position of an Executive Director in the new board of the NDDC,  being the 5th largest oil producing state in the country.
Edema consequently asked the court to restrain Mark and the Senate from screening or confirming the list of the board sent to it by the president.
He further asked the court to prevent the Senate from considering or screening any list that might be sent to the senate by Jonathan in future, which would not include the name of an Ondo State indigene as an Executive Director in the proposed NDDC board.
The lawmaker also pleaded with the court to restrain the President from inaugurating the nominees contained in the NDDC list before the Senate without the inclusion of an indigene of the oil-producing area of Ondo State as either the Managing Director or an Executive Director.
Edema supported his originating summons with a 26-paragraph affidavit.
No date has been fixed for hearing.
Read more at our partner

LATEST NEWSPHOTOSMUSICADVERTISECONTACT




NDDC board: Ondo youths to protest alleged marginalisationBy Abiodun Badejo on December 18, 2013
Youth in Ondo State, under the aegis of Patriotic Advocacy Group [PAG] has threatened to embark on a street rally to protest the non inclusion of Ondo State indigene in the Executive Position of the newly constituted board of the Niger Delta Development Commission [NDDC].

The group, after an emergency meeting held at Igbokoda, headquarters of Ilaje Local Government Area, described the development as “undue marginalization” by President Goodluck Jonathan.

Speaking with DailyPost on behalf of PAG ,its Director of Media and
Publicity, Desmond Iwajomo decried the non-inclusion of Ondo State indigene in the executive management position of the newly constituted board as stipulated in the NDDC Act.


He said “the non-inclusion of Ondo State is totally unacceptable and it is another ploy by Jonathan and his cohorts to further foster his agenda of excluding the South West from his government and marginalizing the people of Ondo State from being represented at any Executive position of NDDC Board”.

The group demanded to know from why Ondo State that [b]is the fifth largest [b]Oil Producing State in Nigeria and the only SouthWest Oil Producing State was denied the opportunity of [/b]becoming the Managing Director or the Executive Director Projects [EDP] in the NDDC when it was supposed to be their turn.

“Ondo State has been sidelined in the scheme of things, including projects that are categorized as regional’s for the past 10 years. The NDDC as an intervention agency has not been very inactive and has not lived up to its statutory duties which include provision of potable water, road construction, land reclamation, environmental protection and so on” The statement stressed.

PAG said all the appeals by the people of the State to President Jonathan to help find a lasting solution to the level of poverty and environmental degradation in Oil rich communities of Ondo State fell on deaf ears.


The group passed a vote of no confidence on the Jonathan

karlmax2:
labour party is free to fight their case if your in labour party u can start the process.

the constitution is clear but are you saying that it's the party that fight and it's no longer the I.G? and that there is a process to that effect?

Can you pls tell about 'the process' ? thanks

MduZA:
a south African town called polokwane can be compared with a Nigerian city called Abuja...

well, i just saw some pictures but from what i saw i don't think so.

i can agree with you on other cities in SA though but on this one nay.

Apart from Cape town, durban, j'bourg, pretoria, East london, Port Elizabeth and seweto, what other developed cities do we have in South Africa?

pls, no offence intended, just asking.

HOME
Criteria for Our Best Cities Picks
May 2007 |
Our Best Cities for every life stage were chosen with customization in mind. We think you'll find one that suits your tastes.
But first, the common themes. The metro areas were all chosen because they have a strong creative class, including scientists, engineers, architects, educators, writers, artists and entertainers. Richard Florida, a professor of public policy at George Mason University and author of The Rise of the Creative Class, has written that such people inject vitality into a city and make it a vibrant place to live.
Other common criteria include job growth, per-capita income growth and measures of innovation, such as patents per capita. Key considerations are tolerance and diversity -- great indicators that outsiders are welcome.
We used other criteria to come up with cities that are appropriate for various life stages. One of those is simply that people like to be with people who are like themselves. So, for example, Washington, D.C., gets high marks for young professionals because many young professionals already live there. Our cities for young singles also have high numbers of bars and restaurants per capita. Cities for families rank high in education and low in crime. Cities for empty-nesters have a significant number of performing-arts employees per capita. Cities for retirees have easy access to health care and low crime rates.
A city's affordability was another critical factor. To score high for retirees, for example, a place must have relatively low health-care costs. For mid-level professionals, housing affordability is important, and for families and empty-nesters, the overall cost of living counts (100 is average).
The bohemian indicator shows the concentration of writers, designers, musicians, actors and other arts-related personnel, and is a comparative measure of an area's diversity and cultural amenities (100 represents the national average in our index, so a higher or lower indicator shows a higher/lower concentration). Finally, metro areas of varying sizes are recommended for each life stage.
Kevin Stolarick, from Carnegie Mellon University, Catalytix and the Richard Florida Creativity Group, developed and performed the quantitative analysis that led to our selections.
Here is a breakdown of how the Kiplinger/Richard Florida 25 Best Cities were selected:
All cities were judged of the strength of their "3T's." These are technology, talent and tolerance. This boils down to presence of high-tech workers and businesses, the talent level of the workforce and the tolerance for all types of people. A fourth factor included here is economic growth.
LIFE STAGES
Singles: 25-29

Mid-Professionals: Married, no kids, or single, 30-44

Families: Married, with kids, through 64

Empty Nesters: Married, no kids or single 45-64

Retirees: 65 or above
COST OF LIVING
For specific life-stage groups, these cost factors were weighted more heavily:
For singles: rental affordability (rental costs as a percent of household income)

For mid-professionals: home ownership affordability (home costs as a percent of household income)

For families: overall cost-of-living index.

For empty nesters: overall cost-of-living index

For retirees: health-care cost index
LIFESTYLE FACTORS
In addition, there were other lifestyle factors that were given extra consideration.
For singles: The "bohemian index" and food/drink dstablishments per capita. The Bohemian indicator shows the concentration of writers, designers, musicians, actors and other arts-related workers, and is a measure of on area's diversity and cultural amenities.

For mid professionals: average commute time and creative class wage growth

For families: crime rate and student/teacher ratio

For empty nesters: performing arts employees per capita and golf courses/marinas per capita

For retirees: crime rate and physicians per capita

Agba gbon, omode gbon ni afi da ile ife.

So then what is will of God?

People follow their thoughts the same way king Ahaziah
did without knowing what is the will of God.