Franchise21's Posts
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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 |
The Inspector General of Police, Suleiman Abba, on Wednesday declared that the Speaker of the House of Representatives, Aminu Tambuwal, no longer occupies his seat after defecting from the ruling Peoples Democratic Party, PDP, to All Progressives Congress, APC. The police boss made the blunt comments as he appeared before the House committee investigating the invasion of the National Assembly by police last Thursday. The committee invited the IG to explain the barricade of National Assembly which led to chaos as some lawmakers scaled the fence to gain entrance. At the meeting, Mr. Abba pointedly refused to address Mr. Tambuwal as speaker, triggering angry responses from members of the committee. The IG referred to the speaker as “Alhaji Tambuwal”. When confronted by lawmakers, Mr. Abba said he would not comment further on the case since it is before a court. The hearing was adjourned abruptly as Mr. Abba stood his ground. The police chief accused Mr. Tambuwal of leading a band of “thugs” to invade the National Assembly and assault police officers on duty. He said security was strengthened around the National Assembly on Thursday to prevent likely invasion of the premises by political thugs. Mr. Abba said there was credible information that the National Assembly was going to be penetrated. “The police high command directed the Commissioner of Police, FCT, to strengthen the security arrangement in the assembly, the police headquarters and the INEC headquarters,” he said. “In the process of safeguarding the security of the National Assembly on the 20th of November, we collaborated with the National Assembly Sergeant-at-Arm according to laid down procedures. “Members were being asked to identify themselves before they could be allowed into the premises. “The invasion of the National Assembly by large number of suspected thugs caused a reinforcement at the second gate. “We saw how security at that gate was compromised and we are investigating the issue of teargas thrown at people,’’ Mr. Abba said. The police chief said officers were “physically beaten, disobeyed and many other things”. He told the lawmakers his decision to order a siege on the assembly was in support of democracy. “From the day I was appointed acting Inspector General of Police, in my maiden speech I made a pledge that policing all over the world has gone beyond the issue of arresting suspected criminals, investigating and prosecuting offenders. Policing worldwide and Nigeria inclusive, which I pledge to be part of, now include the support of the development of democracy,” he said. Mr. Abba continued: “I want to state that that pledge was not just for the words, I meant it. Since then all my effort has been in that direction in addition to other responsibility on my shoulder. “2015 elections are around the corner and political activities and politicking has heightened. As a result of that, I discussed with my colleagues and told them that we should make all efforts to make our election credible and peaceful. In the last meeting we had in two weeks ago, I told them to be focused on efforts that will enable the police control the activities of political thugs and to mop up arms. “I told them to do everything within the limit of the provision of the law to ensure that people do not take laws into their hands, so that we can have credible and safe conduct of the 2015 elections.” He said the invasion of the assembly was partly in response to an earlier threat by the APC to cause mayhem in Abuja. “On the 19th of November, members of a political party including their leaders and a serving Governor conducted a rally at the Eagle square. They proceeded in a procession to the headquarters of the Nigeria Police and made uncomplimentary statements among which was the fact that what they were doing that afternoon was just a tip of the iceberg of what they will be doing in subsequent days,” he said. “They promised to come back on the 20th to continue the procession with the blockage of the police headquarters, and even promising to extend to other areas including the National Assembly and the headquarters of INEC. “Bearing in mind what happened in the parliament in Burkina Faso on 30th October 2014, security was strengthened and it included that the operational procedures of the security of the National Assembly, must be complied with. That is why the arrangement of self- identification were made for members to identify themselves, and that went around and some of the principal officers of the National Assembly complied and that went on. “Until when that was disrupted on the arrival of Alhaji Aminu Tambuwal. With the disruption of the arrangement by quite a number of suspected thugs, the second gate was not only closed but reinforcement. He said the teargas fired by police merely “exploded”. “And to answer to the teargas, yes. Unfortunately, the tear gas exploded outside the gate and that is being investigated, the circumstances is being investigated. We saw how security arrangement at that gate was compromised and we saw how people we suspect to be thugs crossed the fence and that resulted in the unfortunate incident were tear gas exploded,” the police chief said. http://www.premiumtimesng.com/news/headlines/171933-police-ig-meets-reps-insists-tambuwal-no-longer-speaker.html |
IYANGBALI:Fifthed nko? |
watered:... Thirded... lolz |
The Oba of Lagos, Rilwan Akiolu, has said the PeoplesSource: http://www.premiumtimesng.com/news/top-news/171907-pdp-will-never-rule-lagos-rilwan-akiolu-oba-lagos.html |
BabaAlabi:Poverty na disease |
How dem dey take go toilet seff!!! |
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