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Students of Obafemi Awolowo University, Ile-Ife, on Saturday openly expressed their frustration over recent unrests in federal universities by jeering President Goodluck Jonathan, who was a guest at the institution Friday. Mr. Jonathan, and some state and federal officials, including Ekiti state governor, Ayodele Fayose, were in the university to attend the Yoruba Unity Summit, organised by the Committee for Yoruba Unity, where he was endorsed for re-election in 2015. The meeting also had in attendance the Ooni of Ife, Okunade Sijuade, among other traditional rulers. But before the meeting ended, placard-wielding students gathered at the Amphi theatre/Oduduwa Hall area of the institution where the meeting was holding, chanting solidarity songs. The students said they were angry over the recent tuition increase, rot in the education sector and attack by security operatives on protesting students of the University of Jos. The students also halted the president’s convoy for a few minutes, by barricading the path of his motorcade before the president boarded a chopper. The students also booed Mr. Fayose, the Ekiti State governor. “Fayose got perhaps the biggest embarrassment of his life today. He walked confidently to Ife students expecting to be applauded. I can’t yet forget the look of shock on his face as shouts of Ole! Ole! (Thief! Thief!) rented the air,” said Hassan Taiwo, education right activist, who participated in the protest. Some of placards brandished by the students read “Don’t sell education like you sold electricity”, “We condemn Jos killing of students”, ”We demand reversal of 2014 fee hike”. A female student said she and her colleagues joined the protest because “the president’s coming coincided with a moment we are facing challenges in terms of learning facilities in the laboratories and classes. “In our Geography lab, we don’t have anything except diagrams and furniture, if Ife is like this, what happens to other schools?” However, in a telephone interview, the president of OAU Students’ Union, Ibikunle Isaac, told PREMIUM TIMES that Mr. Jonathan was not rejected or embarrassed by his colleagues but that they only peacefully registered their grievances over fee raise. “The leadership of the Union submitted protest letter over the fee increment to the president and he committed himself to seeing to the issue, while our students were gyrating on campus,” he said. But another student disagreed with the SUG president. “Of course it was a peaceful display against President Jonathan and his people, but we really embarrassed and booed them because of their insensitivity to various problems Nigeria is facing, as shown by this shameful endorsement from the so-called Yoruba leaders,” the student said. “Don’t mind our Union president. It is understandable. What he called gyration was actually choruses of insults and how we booed Jonathan and his people,” he added. http://www.premiumtimesng.com/news/top-news/172073-oau-students-boo-jonathan-fayose.html |
Romanciella:Lolz. Lemme jez free u. Thanks to ur pix |
Romanciella:Clarify urself |
Romanciella:Meaning? |
englishmart:And u all want him to mourn dis country for anoda 4yrs? |
RatedStar:GEJ z incapable of leading Nigeria. We need capable hands |
Slonge2:English made easy |
Truckpusher:Jez asking... Av u tasted wealth before? |
Obiagelli:U get tym to dey mention ppl |
chinwike2:Tho, M not anti PDP or anti APC, but not a thousand GEJ can amend for wat has been destroyed |
fitzmayowa:To GEJ, words speaks louder dan action |
asodeboyede:Nairaland |
He lacks leadership qualities... |
President Goodluck Jonathan extends heartfelt condolences to the people and Government of Kano State over the heinous attack on the Central Mosque in Kano, earlier today. He commiserates with all the families who lost their loved ones. The President calls on relief agencies and medical personnel to deploy every possible effort to assist the injured, and the general public to heed the call for the donation of blood by the hospitals where the injured are being treated. The President has further directed the security agencies to launch a full-scale investigation and to leave no stone unturned until all agents of terror undermining the right of every citizen to life and dignity, are tracked down and brought to justice. The President reaffirms that terrorism in all its forms and manifestation is a despicable and unjustifiable threat to our society. He reiterates the determination of the government to continue to take every step to put an end to the reprehensible acts of all groups and persons involved in acts of terrorism. President Jonathan calls on all Nigerians not to despair in this moment of great trial in our nation’s history but to remain united to confront the common enemy. The President is confident that no terrorist act against fellow citizens will destroy the Nigerian spirit to remain positive, resolute and united in the quest for lasting peace and security in the country. He appeals to all Nigerians to remain vigilant and cooperate actively with our security agencies to win the on- going war against terror. http://www.premiumtimesng.com/news/top-news/172060-kano-mosque-attack-no-terrorist-act-can-destroy-nigerian-spirit-jonathan.html |
BiHung:Don't discuss my personal life in public |
emusmith:For sure, it's rampant. Ppl indulge in it at a high rate |
BiHung:Ok. Itz cool tho |
BiHung:Actuali none buh jez observing |
BiHung:U must b joking |
emusmith:U were just lucky to add self service n e come b last cos I was looking out for dat if nt, d thread for rubbish |
Dis is so bad. Av never been on support of dis rubbish. I was poured sewage water wen I graduated. It's dis same IMSU dat an undergraduate died while running to pour a graduate water, he fell into a ditch n died. Read he was asthmatic on Nairaland. Even wen d authority threatened to deal wiv students dat indulge in d act, they still perform it. So Nigeria has lost another potential icon... Too bad. RIP to the dead |
Whizkel:As at yesterday, it was 186naira to a dollar |
davodyguy:Trouble too small... Na gbege we dey!!! |
The Nigerian economy’s dependence on oil export earnings is the country’s most poorly kept secret. Since the discovery of crude oil in commercial quantities in Oloibiri in 1956, the economy’s growth pattern has mirrored the global market for oil prices. Between October 1973 and march 1974, when OPEC announced an oil embargo against a number of western countries for their support for Israel during the Six-Day War, oil prices reached US$12 per barrel (pb) from US $3pb. With oil accounting for a growing share of export earnings and government revenue, the country’s problem at this point was not “money but how to spend it”. By 1979, crude oil prices nudged US$39.50pb as panic over the consequence of the new theocracy in Iran for the oil market drove prices beyond legitimate concerns over the supply implications of the Iranian Revolution. By 1980, however, the new Nigerian narrative was of “austerity”, as oil prices fell for two decades thereafter. This was also the period when the economy was reported by a then president as being beyond the pale of economic logic. The 1990 oil price shock was much shorter-lived. It lasted for as long as its main trigger: the Iraqi invasion of Kuwait. By 2003, however, oil prices first rose above US $30pb (from an average of around US$25pb in the preceding two decades); went through a succession of increases, only to peak at US$147.30pb in July of 2008. Until 2003, the Nigerian economy’s boom and burst cycles was predictable using the oil price outlook. But for the first time, a Nigerian government took steps to break this cycle of dependence. Through a slew of new legislations and rule changes, including the fiscal stability act and the oil price- based fiscal rule, the government then sort to save any excess in the oil price above a given budget benchmark in a rainy day fund – the Excess Crude Account (ECA). Thus, not only did the current government inherit an ECA with a healthy balance (US$60bn), it also benefitted from its own energy crisis. Barring the dip in the market between July 2008 and December of the same year, oil prices have remained elevated since 2003. Indeed, as at July this year, it was selling for US$115pb. The new “austerity measures” described by the Coordinating Minister for the Economy responds to the bottom falling out of the oil market. Over the four months since July, oil price has fallen by about 30 per cent. The immediate economic consequences of this development are obvious. Given the economy’s dependence on oil earnings, falling prices would hurt the current account balance (largely the difference between our earnings on exports and spending on imports), reduce accretions to the external reserve (from which the central bank spends in support of the naira), and by pushing up import costs (we are an import-dependent economy) drive up inflation. Arguably, the biggest impact of lower oil earnings is on government’s ability to meet its financial obligations. At this point, some may point out that if the rhetoric of the Jonathan administration’s “transformation agenda” had any element of truth in it, we ought not to be as vulnerable to external shocks as have been other Nigerian administrations. But this would be to cavil pointlessly. For the strongest point of the administration has been two-fold: the ease with which it has seen its way through the savings from the 2003 reforms to the public expenditure management framework; and its failure to save from the high oil prices that were a feature of much of the last five years. Given this scenario, the current crisis was one foretold. The bigger worry is how well this government may manage it. We have highlighted, in a lengthy article, some of the bad habits governments (federal and states) need to purge themselves of to lessen the effect of the current hardship. Read it here. http://www.premiumtimesng.com/opinion/172023-editorial-nigerian-economy-falling-oil-prices.html |
Bagani:I went to visit ur aunt in Liberia last yr |
Bagani:U earlier told me ur dad z from Congo n ur mom z from Guinea n u were born in Madagascar, Wch makes u a citizen of 3 countries? How come Spain enter d equation nw? No dey lie for Nairalanders jare |
idupaul:OPEC z doomed |
mojeer678:What's d source of dis stupid statistics from? Lagos! 25million? u must b high on weed |
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