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Some dreams b'com reality tho |
klevjey:Hehehe. I love ur dream bruv |
I just coincided wiv one option there. GET A RICH GIRLFRIEND |
klevjey:It pains bt u just gat accept d fact dat he's gonna lead u till 2019 |
Saraki, trying to cover up his mistakes. PMB, d Daura wise one. Carry on, we solidly behind u |
klevjey:a dullard Dats leading u. U shd b ashamed |
Dats nt my biznez. BUT!! Y do girls like posing their legs like dat wen taking pics? It's makes them look like imbeciles |
anonimi: |
Is dat wat she was sent to Abj to do? |
Harkynkunle:Who is more foolish? Aint it d stupid ones dat actually send those guys d airtime?? In this modern era, peeps still fall for dat?? |
Take a look at their protruded stomachs. Dats y dey can't combat d Boko boys. They should go take a look at d U.S Army Staffs |
klevjey:It changes it cos he's more intelligent than ur entire village |
Good!!! |
jcflex:[b] AFFORDABLE |
Brothel!!! Very good |
How do I help u nw?? Must d MBA be done in UNILAG? To the best of my knowledge, UI is situated in Ibadan, y can't u do it there? To get job these days scarce ooh. If u don't need it, contact me, I'd gladly replace u bro. Wat are friends for?? |
Informative thread |
OK |
OK |
The governor of Kaduna State, Nasir el Rufai, has said Nigeria must do away with its “corrupt” oil company, the Nigerian National Petroleum Corporation, NNPC, or stand the risk of itself being destroyed. “If you don’t kill the NNPC, it will kill Nigeria,” Mr. el-Rufai said Monday at the 7th Wole Soyinka Centre Media Lecture Series in Abuja, where he was a guest speaker. Mr. El-Rufai said the NNPC has become so entrenched in corruption that the only way out for Nigeria is not to attempt to salvage the corporation, but to destroy it and create a new oil company. He said he hoped President Muhammadu Buhari will implement that proposal. The governor said as a former director general of the Bureau of Public Enterprises, he was confident a messy organisation could be disbanded and turned into a useful one. He said NNPC has become so corrupt and arrogant that it runs a parallel government and unilaterally decides what it remits to a nation of 170 million people, while its hundreds of employees feed fat on Nigeria’s resources. In the last three years, Mr. el-Rufai said the NNPC retained 42 per cent of Nigeria’s money, and remitted only 58 per cent. “About N971bn was budgeted for subsidy payments in 2014 alone (more than twice that was eventually paid). You all recall how trillions of naira were paid out as oil subsidy in 2011, when only N254bn was appropriated. No one has been successfully prosecuted for this scam. Huge deficits in gas supply have ensured that the country’s thermal plants cannot produce power at optimal levels,” he said. “The long and short of the situation of our oil industry is best exemplified by the parallel government called the NNPC. In 2012, it sold N2.77tn of ‘domestic’ crude oil but paid only N1.66tn to the Federation Account. In 2013, it earned N2.66tn but paid N1.56tn to FAAC; in 2014, (it earned) N2.64tn, but remitted N1.44tn; while between January and May 2015, it earned N733.36bn and remitted only N473.2bn. “That means that the NNPC only remitted about 58 per cent of the monies earned between 2012 and the first half of 2015. A company with the audacity to retain 42 per cent of a country’s money has become a veritable parallel republic!” He said the examples he gave were only with respect to domestic crude oil sale. “Similar leakages exist in the NPDC, NAPIMS procurement and subsidiary budgets,” he said. “The NNPC feels entitled to consume more resources than the 36 states, the FCT and the Federal Government combined. How could a country so dependent on oil revenues have been so lax about the proper governance, efficiency and security of its oil industry?” he lamented. He identified the need to remove the undue premium on public ownership and control of every major oil asset, while checking the impact of corruption and distortion of oil subsidy on the country’s economy, and restructuring of the NNPC in the national interest. To realise the potentials of the oil industry, he said the government must not only define exactly what the country wants the oil industry to be and to achieve, but also the structure that would best deliver it. “An efficient and productive oil sector, able to create jobs, spur industrialization and earn more revenues requires that we tackle the monster that the NNPC has become,” he said. “We should replace the NNPC with brand new organizations that are fit for purpose – a commercialized and corporatized national oil company and new industry regulators. He said the new national oil company should be capitalized once and for all, and then freed to fend for itself like other national oil companies, by seeking its financing independently from the financial markets and paying due taxes and royalties. “An efficient and productive oil sector, able to create jobs, spur industrialisation and earn more revenues, requires that we tackle the monster that the NNPC has become. This country can no longer afford to maintain an NNPC that arrogantly, unlawfully and unconstitutionally spends an unhealthy proportion of national oil earnings on itself,” he said. “We should replace the NNPC with brand new organisations that are fit for purpose, among others, a commercialised and corporatised national oil company, and new industry regulators. This new national oil company should be capitalised once and for all, and then freed to fend for itself like other national oil companies do, seeking its financing independently from the financial markets and paying due taxes and royalties. He said no one qualified more to appreciate the rot in the NNPC, and to deal with the menace, than President Buhari who was the pioneer head of the NNPC in 1977. “No one can appreciate the gap between the vision of the NNPC’s founding fathers, the beautiful baby of 1977 and the 38 year-old monster it has become better than President Buhari. The NNPC of today must make Chief Sunday Awoniyi of blessed memory squirm in his grave. Something fundamentally decisive must be done to tame this monster,” Mr. el-Rufai said. Mr. el-Rufai lamented the irony of about 70 million, or 40% of Nigeria’s total population, currently living below the poverty line, despite the country’s earning of at least $1trillion from oil in the last 50 years. “For our vast masses, oil is no fortune,” Mr. El Rufai said. “It is more of a mirage, but a more insidious kind, because the fortune is visible in the lifestyles of a few thousands of the privileged elite, but is stubbornly inaccessible to tens of millions of ordinary people. “Our rich enjoy the lifestyles of the richest in the world, while our poor are truly the wretched of the earth. This inequality is most unfortunate.” To avoid sinking deeper into poverty, Mr. El-Rufai said the country must resolve to spend wiser, and do more with less by changing its big appetite to consume rather than save; import, rather than produce domestically, or neglect to prioritize capital investments. The major responsibility of a democratic government, he said, was to ensure that people were moved away from pain of extreme poverty, by managing the country’s resources in a way that would sustain building the people, through diligent revenue collection and cost-effective and resulted –oriented application. http://www.premiumtimesng.com/news/headlines/186622-nigeria-must-kill-nnpc-el-rufai.html |
Dey normally call PMB d Dullard of Daura bt dis tym, he's shown u guys he's an intelligent old man |
Even though the matter of whether Nigeria’s military chiefs must by screened and approved by the National Assembly had long been settled by the courts, the President of the Senate, Bukola Saraki, on Monday claimed that the Service chiefs appointed by President Muhammadu Buhari do not need any clearance by the upper legislative chamber.http://www.premiumtimesng.com/news/186625-saraki-goofs-says-no-need-for-senate-confirmation-for-new-service-chiefs.html
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The governor of Edo State, Adams Oshiomhole, has said his administration is ready to subject the local government accounts for investigation by the Economic and Financial Crimes Commission, EFCC. Mr. Oshiomhole said this in response to a call by the state Chairman of the Peoples Democratic Party, Dan Orbih, for the EFCC to probe the state’s local government accounts. The PDP chairman had blamed the financial crisis in local government areas in the state on Mr. Oshiomhole. “We have more than enough materials to nail the corrupt practices of the political leaders in Edo State starting with the governor,” Mr. Orbih had said. He said the council chairmen earn between N1.2million and N1.7 million each every month as security votes, while the legislative arm of the councils earn about N1 million each as security votes. He, however, noted that what the council chairmen collected was nowhere close to the over N500 million Mr. Oshiomhole draws monthly in security votes. “Here is a governor asking council chairmen to forfeit N1.2 million per month but who cannot forfeit N500 million. The total security vote of the councils in a year is about what Oshiomhole collects every month. “He brought this hardship upon the people and he is now trying to absolve himself. He impressed upon the council chairmen not to cry out but one good thing is that the Edo people already know the truth. Edo people must sit up and reflect on the deception of Oshiomhole and his party and make the right choice next year,” he stated. But speaking through his Special Adviser, Media and Public Affairs, Kassim Afegbua, the governor said probe should start from 1999 when the PDP ruled the state until November 2008 when he took over. “As a government driven by prudence in its management of resources, we are proud to say that our achievements in the last six years far supersede that of the PDP’s ten years of presiding over the state. “We are pleased to state without fear or favour that we welcome the suggestion raised by Dan Orbih inviting the EFCC to look into the books and accounts of Local Government Administration in the last six years but that such investigation should also cover the period between 1999 and 2008. “Such investigation should also look into the allocations and expenditures of the Local Government, their procurement procedures, who did the procurements, at what costs and the total accruals into the coffers of local government accounts across the state within that period of 1999 to 2008. “From such investigative effort, the public would be able to know who siphoned Local Government funds between the Government of Comrade Oshiomhole and that presided over by the PDP for ten years. This should be the real challenge in the light of on-going effort to sanitize the inherited rotten system from the PDP,” he said. Mr. Oshiomhole also called on the PDP to publish all accruals to local government councils in the state between 1999 and 2008 and how the over N300 billion released to the Federal Ministry of Works under the former Minister, Tony Anenih, was spent. http://www.premiumtimesng.com/regional/south-south-regional/186606-were-ready-for-efcc-probe-oshiomhole.html |
I see an uncompleted project. It will soon b abandoned |
NNPC (Nigeria National Petroleum Corporation) must die!” were the stern words of the Governor of Kaduna State, Mallam Nasir El-Rufai, on Monday in Abuja. A visibly angry El-Rufai, while speaking on Monday at the 7th Wole Soyinka Centre Media Lecture Series, lambasted the national oil firm, stressing that he was hopeful that the current administration of President Muhammadu Buhari would kill the corporation. The Kaduna State governor called for the setting up of another national oil firm as he argued that the present NNPC would kill Nigeria if it is allowed to continue running as the country’s oil firm. “If you don’t kill NNPC, it kill Nigeria,” El-Rufai said. http://www.punchng.com/news/nnpc-must-die-el-rufai/ |
Cc: Lalasticlala |
Oshiomole giving Okonjo-Iweala nightmare since 1960 |
Governor Adams Oshiomhole of Edo State has accused a former Minister of Finance and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala, of illegally withdrawing $1 billion from the federation account to prosecute the re-election bid of former President Goodluck Jonathan. Speaking at a Seminar organized by the Edo state government for Permanent Secretaries, Directors and Deputy Directors entitled “enhancing IGR in Edo, issues, prospects and challenges”, the governor said the former minister also needs to tell Nigerians how the Excess Crude Account was drawn down to $4.1 billion from the peak of $10 billion when no approval was given by the National Economic Council for any withdrawals. The governor who said Mrs. Okonjo-Iweala would have been declared a pathological liar if she were a witness in court due to the inconsistencies in her statements. He said a forensic audit would truly determine how much was illegally spent from the federation account under her watch as Minister. He said the state government would now hold Permanent Secretaries, Directors and Deputy Directors responsible for any fraud detected in their departments saying the government has trimmed down the cost of running government. He said: “the truth is, many things went wrong even at the federal level. As you might have read in the papers, while the federal government, under Goodluck Jonathan, with the then Coordinating Minister of the Economy liked to blame “Governors” for wasteful spending, for not saving for the rainy day, for not investing properly, the truth is the real weakness in the Nigerian federal chain has been the Federal Government. “Our hope is that with the new President, given his pedigree, we will break from the past. “As I’m sure you will soon begin to hear when all the numbers are published, last week, I complained aloud that Edo State lost about N10 billion over a four year period from only one source: the NLNG remittance to the federation account. “How did I arrive at the figure? I used my 4-Figure Table and I asked myself at $2.1 billion remitted by NLNG as taxes and Shell, and by the way, Shell is not the only oil operative, we have Chevron and several others. They shared the $2.1 billion based on the revenue allocation formula, Edo State got about N2.27 billion. So I said, thank God this money came after the departure of Okonjo-Iweala and President Jonathan. If the PDP were still in charge in Abuja, this money would have been taken. “That is not the only money Edo State Government has lost. You have heard of the last instalment of $4.1 billion that was in the Excess Crude Account as of November, 2014, and from that time till today, we have not; when I say we, federal, states and local governments have not touched that money. “We have not agreed to take anything out of it, and yet it has been drawn down to about $2 billion. Which means $2.1 billion disappeared. If you listened and followed the conversation, when I made this allegation after the National Economic Council meeting that the former Minister of Finance and Coordinating Minister, Dr Okonjo-Iweala took $2.1 billion without approval and spent it in a manner that was never accounted for, she replied that I lied and said that it was the Commissioners and herself who agreed to distribute that money to the three tiers of government and that FAAC is the most visible expression of our true federalism. And that we shouldn’t claim that FAAC is unknown to us. That FAAC is a creation of law and so on and so forth. “I’m going into this, because, as public servants, you need to understand not just the finances of Edo State but also the finances of Nigeria, particularly as they affect our state. “Now the Commissioners of Finance met and they looked at themselves and they looked at Okonjo-Iweala and they submitted to Okonjo-Iweala that ‘madam, you lied, not Oshiomhole because in truth, we have no powers to decide withdrawals from the Excess Crude Account and that that power is vested in the State Governors at the level of the National Economic Council.’ But whether vested or not, we never, ever resolved to share money from that account. “Now the former Minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-Iweala, confronted with these hard facts now shifted the argument that ‘oh no it is not FAAC that approved it, it was the former President Goodluck Jonathan that approved it. “President Jonathan as far as the law of Nigeria is concerned, or any President, his approval is limited to funds of the federal government, not funds of the federation. Funds of the federation can only be approved by Governors and representative of the President as reflected in the composition of the National Economic Council, which is made up by Governors and chaired by the Vice President, with the CBN Governor and Minister of Finance and others as members. But there’s so much confusion now that Okonjo-Iweala can say one thing in the morning and tomorrow she will say I never said so. If she were a witness in a court of law, she would be declared a pathological liar whose evidence is of no value. “So governments have lost a lot of money and the $2.1 billion, Edo State’s share of that, because that would have included derivation we would have made about N2.6 billion. That, we have lost now to Okonjo-Iweala. “Now that she claimed she used it, between herself and the last President, they agreed to take the money to pay oil marketers. But if you talk to those oil marketers, they will tell you that within that period, they were paid $1 billion not $2.1 billion. So in truth, about $1 billion was taken for election purposes and Edo State’s share of that should have been about N4.6 billion from that $2.1 billion that Dr Ngozi-Okonjo Iweala, the former Minister of Finance illegally took from Excess Crude account. “For clarity, that is not the only money they have so illegally taken. If you look at the total number at a point, the excess crude account peaked at $10 billion and we now heard it dropped to $4.1 billion. This means at some point, another $6 billion was taken. So we are hopeful that by the time we carry out some forensic analysis, we will be able to show clearly how much of the funds accruing to the three tiers of government were unilaterally and illegally spent by the Federal Government under the former Minister of Finance.” The former finance minister could not be reached on Monday to comment on the allegations. Her spokesperson, Paul Nwabuikwu, did not respond to our calls. On the seminar organized for top public servants to enhance the states IGR, Oshiomhole said: “the need for this workshop arose from reports, that virtually every week when we discuss at the level of the state executive council, issues that have to do with Internally Generated Revenue. The truth is; so much money could be paid by those who are supposed to pay, in most cases when this money is paid, in some cases, they never get to the treasury. “Those responsible for diversion for running all these closed accounts, or pocketing or opening special accounts rather than the one known to Edo State Government or so authorized are by and large civil servants. And on few occasions, they also enlist some political appointees to be part of such rackets. “We have over the period had cause to interrogate and fire some persons who were involved either in operating illegal accounts or undervaluing certain things that ought to have been properly valued so that correct taxes are paid the government. “If government must continue to provide those basic needs of our people, somebody must pay for it. People have to pay taxes. “Luckily, Edo is not owing workers’ salaries and we will do everything possible to ensure that the pay day is sacrosanct, because even the Bible says a labourer is entitled to his wages but we must understand that if we do not sustain and improve on where we are, with regards to Internally Generated Revenue, if the money is simply not available, something will have to give. “We have trimmed down considerably as much as we can on the cost of running government. We have suspended overheads and allowances across the board from Governor’s office to Deputy Governor’s office to Secretary to State Government’s office, to Commissioners so that we can free resources to meet our salary obligation, but remember that the primary purpose of government is not just the payment of salaries. If all that government entails is to pay salaries as at when due, to be honest you do not need any other person except a fairly smart Clerk and a fairly honest Cashier. “The primary purpose of government is to improve on the quality of lives of the people and provide basic economic and social infrastructure. To think that because we can pay salaries, all is well. All is not. I will not accept a situation where we are only able to pay salaries and nothing else. “Henceforth, Permanent Secretaries, Directors and Deputy Directors will be held liable for any fraud detected in your department or section except if you are the one who raised the alarm. If a fraud is detected in your department by anyone outside yourself, we will assume that you are all a part of it. “I need you all to understand that Nigeria, right now, is in serious financial crisis. If public servants pursue their duties the way they pursue their promotions, things will change.” http://www.premiumtimesng.com/news/top-news/186604-okonjo-iweala-used-1bn-govt-money-for-jonathans-re-election-oshiomhole.html |
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Evil... May God help us |
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