₦airaland Forum

MrAboki:
Thats why he is the President of the Federal Republic of Nigeria.. Thanks for the Compliment.





Really!!

So a Government that is still less than a year in office would deliberately sabotage themselves just so they can remove a scheme (subsidy) that we all as Nigerians unanimously agree is corruption riddled, a drain on our economy and unsustainable.. Just to remove the subsidy.. OK! Continu..




technically speaking, I dont remember Jonathan or the PDP building a single refinery in the last 16 years.





Seriously!! President Muhammadu Buhari made Forex scarce.. Just to remove Subsidy..





Na wah o!!


This Buhari that has no Certificate sure knows how to scheme and plot really well..





Wait!! So are you saying Nigeria isnt Corrupt? or what exactly?


But lets Continu...



When people say provide Palliatives, I wonder what exactly they mean..

The same Palliatives allegedly provided by President Jonathan through the SURE.P Scheme? O!! By the way, where are the SURE.P Buses ad Palliatives? Cos I never saw them..

But its alright, lets Continu!




But it was actually not just about reversing the price, it was about properly investigating the fraud, fishing out the fraudsters, imprisoning the fraudsters, recovering as much loot as can be recovered, close up the loopholes in the system and then provide "palliatives" to cushion the initial shocking of jumping fuel price from 65 naira to 145 Naira..


But thats by the way.. Kontinu..




Is subsidy removal a bad thing or am I missing your point?

But Kontinu.



Wee You Keep Kwayeeet!!

Do you think Nigerians need reminding that they rely on Generator for Power?


But Continu.




If you live on the Mainland and work on the Island and spend 20 liters everyday to get to and fro Work.. DOES common sense not tell you to move closer to your place of work?

If your car uses 20 liters everyday to get you to and from work, you need to either change your engines or buy a more fuel efficient vehicle.

If you spend 87,000 Naira every Month on Fuel for your car 1,044,000.00 (One Million and Forty-four Thousand naira) per year.. The real question should be how did you get that job because you sound too stupid to even have passed Common Entrance let alone pass a job interview..


BUT please dont stop, CONTINU..



This your maths really get K-leg o.. But so also does all you have written.

10 liters per day = 1450 Naira per day.

1450 * 30days = 43,500/month

43,500 * 12 = 522,000/annum.



Yeah.. Okay?! So..................................






Okay.. Soooo?



O really!

Fuel price increased because they removed Subsidy.

NEPA bill increased because it was not profitable for Power to be supplied at the cost we were getting it initially.

Dollar rate increased because the price of oil fell to an all time low and Nigerias number one source of Forex was in Jeopardy.

Whatelese?





Yeah!! The freebies are over hommie.

No more subsidy on anything..




Since May 2016, the world has been struggling under the collapse of oil Prices. Russia,, Saudi, e.t.c all are struggling. Countries with Agriculture and other solid minerals as their export goods are doing fine.

Things are getting worse not because this government has destroyed anything, but because things have always been bad for sooooo longand this government is not interested in covering shiit up any more..

But CONTINU..



[b]I am in Nigeria, I have been buying fuel for over 86 Naira for a very very very long time (even when there was no scarcity).

I have never had 24hours light and have bought over 6 Generators in my young adult life.

I have always had to drive on bad roads and spend a lot servicing my vehicles.

Dollar has been dropping for a long time even when Oil sales prices were at 120/barrel.

Nigerian Universities and even lower schools have been decaying for soooooooooooooooooooooo long that now its Normal.

Infrastructures have been going south for a very long long time.

The last refinery built in Nigeria is over 30 years old.

I have lived in a one track economy all my life, thats why as a kid growing up, all I wanted to be was a Petroleum Engineer.

We have always imported everything we used and ate.. From Chicken to Tomatoes to Cement to name it.

We have never been a producing or exporting nation. Thats why ships coming into our Sea ports are fuller than when they leave.

Corruption is nothing new to Nigerians. Thats why the pseudo-name for internet scam is 'The Nigerian Email Scam". The Nigerian Police whose 'Code of Conduct" rules makes it ILLEGAL to recieve any GIFT (I did not say bribe) from any individual (except its a very close relative), openly 'DEMAND" bribes from Nigerians in public.

The only thing that seems to be working in Nigeria is the telecoms sector and even that one sef na problem.

Abegi make I hear word.





And If indeed by some insane stroke of luck you happen to be right that President Buhari did all you alleged in your Post just to remove this cankerworm called subsidy from our system, then he is a very Intelligently cunning man and has my vote for a second term.[/b]




Alhaji Mallam Aboki

Trash

ephemm:
This video is not this is a committee with the mandate to investigate railway contracts awarded between 2010-2015, listen to the gentle man in suit from 14mins.

U all should stop throwing blames here and there.

The executive and the legislature irrespective of political afflictions have failed Nigerians, get your acts together, u still have 37months, U can still make a difference if the will is there.

Modath and gang are a perfect description of how to be a shameless and desperate sycophant. The youtube label says:[size=14pt]1 Trillion railway scam[/size]

PassingShot:
NA breaking new grounds under PMB's administration. Kudos to Buratai as well.

You sound pathetic. Rumors has it that you are close to your 50s, yet harbor such low depths of reasoning.

omenka:
What nonsense is that?? Looks like one of those gej cartoon characters before election.

Won't be surprised if the deaths of some nairalanders are announced over my moniker.

Na una go tire oo.

Wow !! Do they share similar looks with your dad. Just asking

TheGoodJoe:


I asked you if you believe nothing was done and you said I believe so. I showed you that something was done. Now you want me to bring specifics.
Na wa.

You can bank on the words of political thieves which i don't subscribe to. Until i see the specifics then we can talk. Mere press statements from these seasoned rouges don't impress me.

Do you have them ?

TheGoodJoe:

How can the shake up mirror in the budget?

I do not understand that statement.

There was padding in the budget and most of the work was done by the budgetary offices. Due to the padding, there was a massive shake up in the offices. Some were moved to where they would never come close to the budget again.

The budget was revisited and the article I quoted showed the two chambers met and harmonised the discrepancies in their report.

You are the one who wants to front as if nothing was done with the padding of the budget.

Stop chasing your tail, do you know what sectors/sections that were harmonized ? Where are the specifics ?

TheGoodJoe:


There was never a time that a budgetary padding discovery led to a shake up of the budgetary offices. There is no way the same thing is flying this time.


Earlier, the finance committees of the two chamber’s had met to harmonise the discrepancies in their respective reports before adopting a harmonised version

.http://www.premiumtimesng.com/news/headlines/200611-finally-senate-house-reps-receive-2016-budget-report.html

Stop the endless delusion. The shake up from the budgetary office wasn't mirrored in the budget recently passed by the NASS.

obailala:
The total value of the anomalies (paddings) when summed up wasn't up to 1% of the total budget. So please hold your peace, you aren't talking to a kid. And by the way, a surgical cleaning has been done by the NASS to remove those anomalies hence the budget value fell from N6.08 to N6.06 trillion, the president hasn't also refused to sign the passed budget pending when he does his own surgical review; so quit deceiving yourself, this will be the cleanest budget in Nigeria's history.

You are equally not talking to fools here. Kindly show me the total percentage of the paddings or accept you are just an easy going liar. What surgical cleaning are you talking about ?

A "surgical cleaning" shrouded in mystery that you aren't even aware of. You are clearly taking the piss when you mentioned a surgical review especially from the Presidency. The Presidency who after retrieving the flawed budget failed woefully in "surgically" removing outrageous allocations , they ended up with a copy fraught with even more trash.

You are the fellow clearly deceiving himself with a delusion that this will be the cleanest budget. Not after the embarrassing display of the presidency in recent times.

TheGoodJoe:


You that is very smart, are you saying that you believe there was no correction made to the budget all these while.

At least over a hundred scapegoats felt that this was a different time. Under GEJ and Ngozi Okonjo-Iweala's time, nothing will happen to them.

Yes I believe so leaning from previous happenings concerning the budget fiasco.

obailala:
This source says Jonathan spent $8.26bn, Yaradua $5.375bn and OBJ $16bn
http://www.ibtimes.com/nigerian-senate-probe-goodluck-jonathan-previous-administrations-mismanaged-funds-2053823
http://allafrica.com/stories/201508140826.html
http://www.vanguardngr.com/2015/08/power-sector-senate-probes-obj-yaradua-jonathan/
http://www.channelstv.com/2015/02/20/president-jonathan-commissions-750-megawatts-power-plant/

This is fine by me, at least you will be forced to reconcile your $10 billion misrepresentation.

obailala:
You asked of the essence of having a high budget in time of recession, I gave you the answer. In your confusion, you diverted the story to padding. Budget padding is part and parcel of Nigeria's corrupt history, but for the first time in history, the padding is being fought and cleaned out of our budget, that is progress whether you like it or not. Several evidences of padding in past budgets have just been shown to you. Your GEJ did not even request to see budget details before he signed successive budgets, so there goes your folly.

You are not smart at all.

The Presidency withdrew the budget for correction and yet it was reeked with outrageous figures. Without those outrageous figures, that budget will be no where near the 6 trillion mark.

Sacking a few scapegoats while the fraud was passed is the silliest move any serious govt. Will make.

jpphilips:
The guy in your quote is educating you on increased government spending to spur economic growth during recession and you are talking about increasing fraud?
Are you sure you finished SS3?

Another zombie on the prowl. It is common knowledge that the "budget of fraud" was reeked with outrageous allocations hence the 6 trillion feast figures.

You don't mega pad figures to spur the economy.

You want to spur the economy yet the propaganda machinery of the presidency was given more value than the Agricultural sector.

Are you a baby ?

TheGoodJoe:

I am pointing out to you that Budget padding is not a new thing. It passed repeatedly under the nose of Ngozi Okonjo-Iweala's tenure.

Buhari's tenure is more sensitive to these kind of thing. That is why you are seeing the commotion raised.

You tried sounding as if this is Buhari government challenge but it is synonymous to other government.

You are clearly confusing yourself.

Then where is the change if frauds committed under previous regimes is greatly amplified under the current regime who chanted "Change"

TheGoodJoe:

Under President Buhari, we can see the fight due to budget padding. Under GEJ, things like these scaled through with little fuss.

The same 6 trillion nonsense that was passed a few days ago without rigorous amendment to the fraud therein. My God !! What do they feed you guyz that permits such bizarre reasoning process.

obailala:
You are the one insulting your ancestors... To whom brain is given, sense is expected. I suppose you have a brain in your skull?... You should be able to do a simple google search to learn the simple economic logic of increasing spendings on infrastructure to boost the economy at hard times like this.

You are just another zombie on the prowl.

What is the economic logic of increasing frauds in a budget to boost the economy. Most of you are just shameless beyond redemption.

TheGoodJoe:
[size=14pt] Ncc Budgets To Spend N75m To Change Toilet Doors And Keys In 2012.[/size]


The Nigerian Communications Commission (NCC) will be spending N75 million this year to replace old toilet doors, locks, repainting of fading walls and provision of directional sign posts to the Commission’s waiting room and canteen. This was even compounded by the fact that the budget was proposed after an allocation of N28 million was made for the same purpose in the budget of last year. Plus, in the 2011 budget, the Commission had proposed N60 million for automation and changing of all access doors of its head office building in Abuja.

https://www.nairaland.com/869965/ncc-budgets-spend-n75m-change

While the 2016 had over N764.7 million on recreational activities just for the presidency . . . . . .

In 2016, the State House will spend N27. 5 million on computers, while N268.9 will finance computer software acquisition. Aso Rock will spend N764.7 million on recreational activities

http://www.vanguardngr.com/2015/12/2016-budget-fg-to-spend-n4-1bn-on-cars-2/

TheGoodJoe:
[b]
Posers over duplications in 2010, 2011 budgets .
Monday, 28 February 2011 00:00 By Ade Ogidan, Business Editor News - National


A COCKTAIL of unsavoury duplications of capital expenditures, totaling N3.1 billion may have been uncovered in this year’s approprbefore the National Assembly.

The discovery noted certain approvals in the 2010 budget, which resurfaced again in the current year’s estimates, even at higher figures, giving credence to the lamentations over the high cost governance in Nigeria, especially the whopping amount expended in maintaining the upkeep of officials.Indeed, a N1.06 billion estimate for the construction of official quarters in this year’s appropriation bill, has raised eyebrows, on assessed impropriety of the budget.

Specifically, the assessed duplicated expenditure proposals include a N500 million for the extention of Vice-President’s lounge at Aguda House; N400 million for acquisition, upgrading and furnishing of Vice-President’s Guest House also at Aguda House; furnishing of number two citizens Guest House at Asokoro, Abuja at N100 million.

https://www.nairaland.com/613673/more-undeniable-proof-gej-government[/b]

Am pretty sure this budget was also in surplus of over 6 trillion naira in a "difficult year" . Keep shooting yourself on the foot digging out references that shows your chants of "change" is a big scam.

obailala:
The high spending is meant to stimulate the economy even in the downturn, go educate yourself and stop insulting your mothers out of sheer ignorance.

Zombies don't know when to keep shut. You mean the padded nonsense like Aso rock rent and 788 million website allocation e.t.c is to stimulate the economy ?

If insulting your great-grand mothers and fathers will dump common sense into your skulls. then am all for it.

TheGoodJoe:

If anyone was senile, it is Ngozi Okonjo-Iweala who mismanaged the reserves and one of the largest, if not the largest windfall in the history of Nigeria.

She towed in the most senile route.

While the certificate-less dullard in Aso rock inflated the budget with silly things for the boys in a season that was supposed to be difficult for the masses.

You see how smart zombies sound in defense of this confused and clueless admin.

obailala:
The funny thing about the cretins is that when you deflate their lies and senseless arguments with facts, they resort to name calling and accuse you of BLAME GAME.

Just the other day I was in an argument with one confused boy who claimed Buhari/Fashola have destroyed our power infrastructure. He thinks a Buhari who only just got his first budget approved should be blamed, but he doesnt think a GEJ who spent over $10bn on power but handed over an epileptic system which was generating a measly 1327mw as at handover should take any blame.

Some these cretins and their opinions really need to be ignored totally, but I fear for the level of damage they would have done in terms of distorting public opinion if allowed unchecked.

Add a viable source to the bold.

TheGoodJoe:


She expected a very difficult year. We are having one. People should stop the ridiculous Buhari destroyed the economy.

The fact is that Ngozi Okonjo-Iweala mismanaged a windfall and just after the windfall, she forecasted a very difficult year. Meaning she failed woefully and she destroyed the economy.

Judging by the current admin jacking up the budget to over 6 trillion loaded with vile nonsense. What is your defense towards that ? Huh !!

Would NOI tow such senile route if she was still in charge ?

TheGoodJoe:

Why did Ngozi Okonjo-Iweala not say that we should not brace ourselves for Austerity measures because she had the magic wand to save us from the coming crisis.

“There are scenarios at $55, $50 and below of the additional measures that will be needed, and I believe that though this will be A VERY DIFFICULT YEAR for the country, we have the tools, we know how to apply them and we know that working together, we will be able to take this country through this year and then to a brighter 2016.”...Ngozi Okonjo-Iweala.

You can see, she prepared for A VERY DIFFICULT YEAR for Crude Oil sold at $55, $50 and below, but you want magic from Buhari with Crude Oil selling below $35 a barrel.

NOI statement could be interpreted in different ways. One thing is very sure, NOI woudn't have jacked up our budget to over 6 Trillion naira in a "difficult year" packed with many nonsense

obailala:
Economics 101:
Investors do not go to a society where there is no money. There is a reason why foreign investors would prefer a Nigeria over Chad or Togo as their investment destination, it is because there is so much money to be made in Nigeria. With the drastic drop in oil prices and the sharp drop in the nation's income, Nigeria is no longer as lucrative a destination as it used to be for foreign investors.

The stock exchange is also about money, when there is no money in the economy, the stock exchange loses vibrancy, and investors (especially foreigners) would pull their funds out and take it elsewhere where money can be made. Just like in life, it is during hard times a man knows who his true friends really are.

Would it have happened if GEJ had continued, the answer is yes! it started happening when GEJ was still on seat and NOI warned Nigerians to brace up for hard times.

Go and educate yourself, it is mostly common sense. But you allow bigotry and careless sentiments to block your ability to discern simple things.

Shiite chatting z****E, when there is no clear policy drive for the economy, investors are in a limbo on how to effectively plan. This in turn means they have to either withhold or withdraw their funds due to the uncertainty in the system.

4Play:
The real reason why it was difficult to accumulate a rainy day fund when oil prices were higher is because of the public sector wage bill. During the OBJ era, the minimum wage was N5000, Yar'Adua and GEJ more than tripled public sector wages - making the minimum wage N18,000.

If you look at government budgets - both at state and federal levels - recurrent expenditure dominates and most of it is public sector wages. With a tripling of wages, consumer demand increased driving up fuel consumption and in turn the fuel subsidy bill, fuel subsidy had to increase anyway due to higher oil prices. The combination of a bloated wage bill and high fuel subsidy bill eroded the capacity to save.

The above is why I say that Nigeria's economic problems aren't simply driven by corruption. Nigeria is poor because we collectively support policies that inhibit sustainable development. Both the unsustainable increases in wages and the maintenance of the fuel subsidy received public support. It is not a good argument to claim that workers deserve higher wages otherwise the politicians will steal. If you support policies that damage the country's long term economic prospects, the ordinary people will suffer most whilst the politicians will continue stealing no matter what.

Another thing that has to be mentioned is that until oil prices collapsed and exposed the folly of not saving, there was no public demand for saving. To the contrary, Lai Mohammed was on record stating that APC's first policy will be to abolish the excess crude account and the sovereign wealth fund. As it is his wont to play to the gallery, this reflected the popular view. At the state level, state finances were run like oil prices will always stay high (witness Kemi Adeosun's stint bankrupting Ogun state as the state finance commissioner).No one was doing threads on Nairaland bemoaning the paucity of our rainy day fund. Only with hindsight did we realise the hole we had dug ourselves. People get the leadership they deserve and Nigerians have got what they deserve.

Great submission especially on the emphasis

Standing5:
I hate when people embrace stupìdìty to spite what makes them insecure. The OP is right . . . Quit the wailing

Mynd44, please effect the rules. Thank You.

omenka:
Same to your father(s).

Mynd44, please effect the rules appropriately

olapluto:
Start implementing that law from your neighbourhood. Girls in secondary school are having sex all over the place in the South but its overlooked. An 18 yr old boy gets involved with a 17 yr old girl and everyone is freaking out. Hypocrites everywhere. If the girl was dating a Bayelsa boy of 20 yrs, we wont hear this news.
Leave her to be with her lover.

May God have mercy on your depraved soul. Amen

olapluto:
Ese has been flown to Abuja. All these drama only because 2 teenagers in love decided to be stupid.

May your daughter not experience the same fate since you have decided to be foolish and insensitive.

dejol88:
Bro , just got on the phone with the guy in charge in this area.He said everything is ok.He is the glo boss in Akure in charge of quality of the network.He propose if you like for him to meet with you to confirm ur claim or better still he gets to call u or u call call him .Which one is ok with it.If u must call him which medium do i send his number to u cus i dont want to release is number on a public forum like this

I did like to meet have his contact to reach out to him in cases when need arises. I might even end up knowing him cos am a frequent visitor to their office.

Kindly send me a private PM. Thanks.

dejol88:
Sir , I just finished tuning parameter for the site serving u . Please , can you confirm to me the speed of glo network in your area now .
Please am waiting for ur reply

Network quite better now. Thanks for optimizing it.