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Politics › Re: Media Chat: The 14 Things Buhari Said by Ghandi12: 10:36am On Dec 31, 2015

Foreign exchange restrictions

I. We need power, railways, roads… These are our priorities; not people looking for money to bring in rice (to the country).

II.Foreign exchange will be made available to the productive sector of the economy and not for luxury items.

Agreed we need power, railways and road but that is only when we are alive. Primarily we need food/income to enjoy these infrastructures - people need to be kept employed or in business. We need to establish a balance between basic needs for survival and desire for expansive projects.
Getting good education abroad or writing an international professional exam is an investment (not a luxury) but forex restriction policy is thwarting many dreams and no alternatives have been created for students.
Conversely, BMW cars are luxury - how come we have foreign exchange up to N4.3 Billion available for luxury. Moreover what is a broke third-world nation (threatened by recession) doing with lavish hosting of VIPs. To what ends?
Steel is a major component to achieve the (power, railways and road) budget. But as at today Nigeria does not have the capacity to meet some international standards required in constructions and fabrications. Definitely huge foreign exchange (running into millions of $$) will be used to import these standards/raw materials. But there are many small firms (whose operations are being hampered) who are also labour employers and need forex to get raw materials.
Considering what is happening to existing companies not many companies will feel comfortable moving new businesses into Nigeria.

How do we define productive sector? Any parameters to identify the productivity of sectors? What happens to the practitioners in the "unproductive sector"? Who will provide the needed forex for the "certified productive sector"? - because there is no forex now in banks.

Happenings and trends on the street are potentially dangerous - job losses will climb in 2016, stimulation of (power, railways and roads) sector may not be enough to make much difference; many stopped from achieving higher academic/professional dreams will be distraught or idled; the street record is clear as existing companies are either shutting down or shedding off; and a number of banks are already showing signs of stress.

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Politics › Re: Buhari’ll Not Shield APC Members Who Misuse Security Votes —lai Mohammed by Ghandi12: 9:29am On Dec 31, 2015

4hys:
...
“It is quite possible that some of the BMW cars being referred to are for the use of the VIPs. What I can assure you is that this government is very prudent in its spending. I can tell you that no minister bought a new car, all of us inherited the cars used by our predecessors. This is the last government that you can accuse of extravagance,” the minister said.
...
http://www.vanguardngr.com/2015/12/buharill-not-shield-apc-members-who-misuse-security-votes-lai-mohammed/
mynd44 seun

Uncle Lai has just confirmed our fear. FG using "quite possible" connotes so many things and gives credence to many suspicions in the 2016 budget.

There is high likelihood most figures were flippantly estimated without any thorough procedure.
Many of the figures have too many significant zeros especially when put side-by-side previous budgets.
It is highly doubtful the President saw 2% of figures quoted on this document.
And if all these figures were vetted by cabinet ministers it only means APC is as corrupt as PDP if not more corrupt.

Politics › Re: Salient Points Deduced From President Buhari's Media Chat Today - Must Read by Ghandi12: 4:07am On Dec 31, 2015

Personal deductions from the media chat:

^^ If you are attacking the unity of this nation you would have to go through Buhari first

^^ The FG have so many issues to manage simultaneously than they envisaged

^^ The President appears to be unaware of most figures in the proposed budget

^^ The FG does not have a clear-cut policy actions for successful diversification of the economy

^^ Buhari is candid but he shows signs of helplessness on how best to temper the sick economy

^^ Massive corruption is still going on under Buhari's government but his level of knowledge is open to questions

^^ Buhari holds the value of naira very dear to his heart but his methods of keeping it healthy are not convincing

^^ Businesses and students suffering from paucity of foreign exchange should stop looking up to Buhari government for solution

^^ Buhari's government appears to be underestimating the capability of BH to continue making life meaningless to the nation

^^ The NASS will remain a financial drain-pipe even if the nation slips into recession and there is nothing anyone can do about it

^^ 2016 is going to be tough for Nigeria and Nigerians but it is going to be very messy if the price of oil gravitates towards $20 as predicted

^^ APC and PDP politicians are the same - they do not care about the common people

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Politics › Re: Buhari Coincidence Of Media Chat by Ghandi12: 2:17pm On Dec 30, 2015

I see you also have soft-spot for Baba. As for me this budget is too dubious and insensitive to defend anywhere.

Politics › Re: Shocking Revelation From The Buhari Budget Proposal...... by Ghandi12: 2:04pm On Dec 30, 2015

Rolings:
...nonsense analysis you can't prove nothing because you don't know what you are arguing about...

You just give numbers to your assertions and see if I can prove something or not.

Rolings:
...national assembly members have aides, at least 4 each . Besides the budget is for both recurrent and capital expenses.

We had your kind here under the ousted PDP government doing exactly what you are doing. Celebrating waste and crass. You always ignore real people's pains and concerns. What is a broke third-world lawmaker doing with 4+ aides? Especially when the broke nation appears to be walking into recession 2016.

I hope you are getting paid for defending anti-people actions and policies. Because the politicians that have people's mandate have promised us zero-based budgeting where only projects that have immediate and direct impacts on the masses will be given priority.

Alas! we have been trying to link the 2016 spending plan to our immediate needs without success.

Rolings:
....You are just envious because your party never ever presented anything close to this in 16years

I have advised you to peep into my previous posts and see where I am coming from. The only party I belong to is good governance - I respect authorities but I don't worship mortals.

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Politics › Re: Oby Ezekweseli Rude And Shouting At Attorney General Yesterday-video by Ghandi12: 1:33pm On Dec 30, 2015

Nothing is strange here.

Politics › Re: #BudgetofYams: Buhari Eating As APC Candidate & Buhari Eating As President by Ghandi12: 1:29pm On Dec 30, 2015*

ducksoup:
I am not a party affiliate. Whichever party in government deserves the right to be treated with reality and truth, and not biased commentary.
I believe in sanity and truth. Bloggers seek attention, hence their affinity for sensational reporting.
She (Vivian) actually looked stupid for posting such mumbo jumbo.

Sorry Bro we all cannot see things the same way. We are a nation of 180 million people. You are piqued of Bloggers styles of reporting many of us are more concerned of how this new government (we invested so much hope in) is planning for waste and reckless spending.

As long as we express our rights as citizens within the gamut of the law of the land - no one has the right to force the other to accept their own personal opinions.

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Politics › Re: #BudgetofYams: Buhari Eating As APC Candidate & Buhari Eating As President by Ghandi12: 1:19pm On Dec 30, 2015

BALLOSKI:
if you are smart enough you'd know that the 114 million is for the whole [b]presidency and every agency and parastatals under it, and not for the president office or lodge alone. Besides, it's a proposed budget , not implemented- it might fall to [/b]60-70million when the budget is passed.

Bros some of us here are veterans in smacking dishonesty and hypocrisy among our elected officials.

I have asked you to give us the number of people that make-up the Presidency, no answer? Tell us other MDAs that make-up your so-called Presidency - name them, no answer.

You cannot bamboozle us with vague and sleights of hands in 2015. Give us real and definite numbers.

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Politics › Re: #BudgetofYams: Buhari Eating As APC Candidate & Buhari Eating As President by Ghandi12: 1:02pm On Dec 30, 2015

ducksoup:
I thought you were intelligent. What you posted does not in any way represent sumptuous living.
You disgust me Vivian. You are just like Linda Ikeji, striving on lies and character assassination. Bloggers are embarrassingly despicable

Why are you taking this personal?

Are you an APC stalwart or a beneficiary of APC govt?

Bloggers are not as despicable as politicians that see suffering millions but chose to eat with billions.

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Politics › Re: Few Days From Now, Your ATM Will Be Useless Abroad & Online - See Alternatives by Ghandi12: 12:58pm On Dec 30, 2015

yhemsy62:
see my signature

This is an issue affecting thousands. People have always been able to fund their account but not anymore. Do you have a way people can fund their accounts without third party?

Politics › Re: #BudgetofYams: Buhari Eating As APC Candidate & Buhari Eating As President by Ghandi12: 12:46pm On Dec 30, 2015*

They should eat well ooo. Once dem don belleful we are happy

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Politics › Re: Attorney-general Rules Out Plea Bargain For Treasury Looters by Ghandi12: 12:31pm On Dec 30, 2015

Please which looters are we talking about here. We have two categories now:

1. Those who have looted and left government and

2. Serving public officers that have been allocated loots in 2015 budget

Politics › Re: Musiliu Obanikoro's Hideout Located - Sahara Reporters (Snapshot) by Ghandi12: 12:28pm On Dec 30, 2015

Sahara Reporter should please help get this 2016 Nigeria budget of waste and corruption out there.

With this APC budget war on corruption will now be viewed as charade and vendetta.

Politics › Re: Presidency To Spend N114m On Feeding In 2016 – Document by Ghandi12: 12:24pm On Dec 30, 2015

WOCKHARDI:
Please is this from OUR money or from his salary? Sorry o just asking.

Its from OUR money. This is not the only anomaly in the budget, you will need to see what they plan to buy new cars, change wheels, instal cable, re-buy software, re-buy computers...

We have been scammed again only that this time they are also taking away our means of livelihood.

Politics › Re: Shocking Revelation From The Buhari Budget Proposal...... by Ghandi12: 9:13am On Dec 30, 2015

Rolings:
Wrong there are more than 469 people that make up the national assembly if you include the assembly service commission staff

I agree there are other NASS staff. Please how many are they? 20? 50? 100? What is the total annual salary expenditure for these supporting staff? N1 Billion? N5 Billion? N10 Billion? I will give you a model:

If there are 100 supporting staff in the NASS being maintained with N500,000 per month It will take the following to offset their upkeep in one fiscal year

100 x N500,000 x 12 months = N600,000,000

So it is safe to say supporting staff budget in the NASS is not expected to be more than N2 Billion for a fiscal year

This implies about N(115 - 2) Billion is going to be expended on 469 lawmakers.

But in this same nation this NASS is supposed to be caring after:

^^About 2 million of the population are IDPs lacking basic needs of life
^^There have been an unprecedented loss of jobs in the last year and this is expected to continue into 2016
^^The price of the main income earner of the nation had dipped by as much as 70% in the last year and expected to slip further 2016
^^ Also remember that more than 70% of the nation's 180 million population is living in poverty

Government is designed to improve people welfare. How come this budget takes too much care of "supposed leaders" while the common man groans under economic hardship?

Rolings:
For your information presidency include state house staff ,presidenntial aides and agencies directly under the presidency.

Please give the total number of staff in the Presidency and the names of these MDAs under Presidency you talk about. I will prove to you the budget can never be justified.

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Politics › Re: 2016 Budget: Buhari To Spend More Than Jonathan On Presidential Villa - Vanguard by Ghandi12: 8:43am On Dec 30, 2015

tafrica:
The 2016 Budget is a big disappointment and fraud.
This Govt professes to want to build our FOREX reserve, hence they are restricting people from buying foreign products, but Buhari went ahead to budget over N3.6b, which will be withdrawn from our FoREX, to import BMW at the expense of locally made cars like Innoson, which could have been bought with Naira. Is this rational?
Presidency budgeted a total sum of N13,525,001 for Newspapers and Magazines, this gives N36,953.55464/day. Is this really a form of austerity? Do we spend this much per day on papers?
We budgeted N559,189,321 for computer software, this same software was budgeted at N81,307,350 in last year's budget.
They budgeted N322,421,971 to link cable to driver's rest room. Which kind of cable could that be? Is that our priority?
Many unspeakable hundreds of millions spent of furnitures
State House Medical Centre budgeted 6 Units of 2bedroom flat at N50,792,811. That gives an estimate of N8,465,468.5 for a single 2-bedroom flat.
N308M budgeted for VIP wing at state house hospital. That amount can renovate dilapidated hostels at OAU.
Over N300M will be spent on Animals.
Fellow Nigerians, without prejudice, the inflated budget put at over N6T isn't meant for the good of Nigerians but to officially allow some persons recoup their investments.
So many over-inflated figures as compared to last year's budget.
If Buhari, with this budget, promises a lean Govt, what should we expect for a flamboyant budget?
All these expenses on cable to driver's room, inflated software acquisition, new furnitures, VIP section at state house hospital, inflated printing materials, BMW cars (instead of locally made), renovation of already fine villa etc, are they worth why we should subject our Nation to borrowing? Shouldn't we have rather remained at N4T budget without much debts incurred?
I saw pictures when Obama hosted GEJ and Buhari, same chairs for the two occasions, why is our Govt, which claims to be lean and prudent, spending hundreds of millions on another furnitures, what happens to those being used at present? Will they be auctioned or what? Why can't we continue to use them for austerity sake?
This much celebrated Zero-based 2016Budget is a big disappointment and FRAUD from APC and Buhari to defraud us and enrich themselves.
If you read this budget, you'll be appalled, and no wonder some BUHARISTs are claiming it is a lie because they can't believe what they are presently reading here, but trust them, they will come back to doggedly defend it when they see the budget is true. We're here, we'll call you out and call a spade a spade. This Budget looks like a new state house is to be constructed, A BIG FRAUD.
Every luxurious thing budgeted this year is far greater than last year's, shouldn't we have reduced these in austere Govt?

Politics › Re: Dasuki Released, Re-arrested Again by Ghandi12: 8:23am On Dec 30, 2015

Hypocrisy powered by vendetta!

You are busy hounding people for the same offenses you are planning for 2016. Masses businesses are being run-down, nation's scholars abandoned overseas, companies leaving in droves, people loosing jobs but you have allocated Billions for your own welfare.

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Politics › Re: Shocking Revelation From The Buhari Budget Proposal...... by Ghandi12: 8:16am On Dec 30, 2015

Rolings:
Something you never did while your hero was in office you now want to do since he is out of office . Did your hero not wanted to buy new cars for the presidency even when the ones in use are almost brand new?
No apologies to you and your hero.
And yes there are more people in the presidency then in the national assembly yet the presidency got less than the national assembly.
Your hero neven implemented any of his budget more than 30% just watch and see how to implement budget.

Mr Rolings check my post history.

We already know there are 469 lawmakers in the NASS and we are going to be maintaining them with N115 Billion naira next fiscal year. Please how many people make-up Presidency?

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Politics › Re: Presidency To Spend N114m On Feeding In 2016 – Document by Ghandi12: 8:01am On Dec 30, 2015

BALLOSKI:
those in the 'know' sure know how to unofficially clear the air some issues , this is what this sdocument is out to do. Trust me!

You cannot unofficially placate dying masses. There are documents already in public domain all showing the same figures of break-down for all MDAs. The main figures on the document agree very well with the abridged version presented by the President to the NASS.

Food budget is not the only thing people have issues with, most budgeted expenses are unimaginable.

What a transparent government should have done is to release this document to public same day it was presented to the NASS.

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Politics › Re: Presidency To Spend N114m On Feeding In 2016 – Document by Ghandi12: 7:39am On Dec 30, 2015

Alright, let us take chill pills...maybe the document we have now is not correct, just maybe.

The government should come out with the official break-down to diffuse this tension

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Politics › Re: 2016 Budget: Buhari To Spend More Than Jonathan On Presidential Villa - Vanguard by Ghandi12: 7:35am On Dec 30, 2015

As in...

Fela " Authority stealing.."

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Politics › Re: Few Days From Now, Your ATM Will Be Useless Abroad & Online - See Alternatives by Ghandi12: 7:32am On Dec 30, 2015

TechRev:
@OP its not getting the cards that is the issue.
How do you fund those cards you mentioned? The banks dont accept dollar deposit. Or am i missing something??
How do you load funds onto the cards??

Thank you

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Politics › Re: Few Days From Now, Your ATM Will Be Useless Abroad & Online - See Alternatives by Ghandi12: 7:26am On Dec 30, 2015

Thanks for this information. This is what the government should have been making available to distressed citizens - this govt do not care about common people.

Most people's challenge is that transactions are appearing impossible at all, but with this information many concerned citizens will know transactions are still possible but are now more expensive.

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Politics › Re: Buhari’s Budget’ll Turn Nigeria To A Debtor Nation – PDP by Ghandi12: 7:06am On Dec 30, 2015

SLIDEwaxie:
Keep wailing
During your time, your budget always turn you into billionaires

And this is exactly what APC govt is doing now. So where is the change?

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Politics › Re: Shocking Revelation From The Buhari Budget Proposal...... by Ghandi12: 11:36pm On Dec 29, 2015

gebest:
my brother abeg help me ask those clown sorry those educated illitrate

Cant you just read before making comment. The original document has been re-posted by NavierStokes with the absurd figures highlighted in yellow.
Or are you saying the document is fake?

4 Likes 1 Share

Politics › Re: Shocking Revelation From The Buhari Budget Proposal...... by Ghandi12: 11:30pm On Dec 29, 2015

NavierStokes:
Mods ought to get this thread to the front page, this is outright silly. Are these the "capital projects" that we will be [b]borrowing 2 Trillion Naira [/b]more or less to fund? Plus an expected supplementary budget that will be up to or over a trillion naira.

Have you forgotten the budget is based on $38/bbl of crude oil and this has been predicted a joke by the powers that be. We are going to be living on huge loans 2016 but our leaders will never lack anything good - in fact this document makes them richer and more comfortable than when we had abundance.

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Politics › Re: Shocking Revelation From The Buhari Budget Proposal...... by Ghandi12: 11:12pm On Dec 29, 2015

squash1986:
Again, I got my hand into some juicy information that I will like to share with you all. It is a comparison between the 2015 budget/2016 budgets. I have taken time to compare portions of both budgets and this is what I found out.
My conclusion, this is a horrible horrible document that is intended to pay off elections expenses, fund corruption and mortgage the collective future of the Nigerian State.
Let me not waste your time. Please read.
2015 budget: Purchase of Motor Vehicles= 76,600,581.
2016 budget: Purchase of Motor Vehicles= 212,400,000.
(Defense Headquarters)
2015 budget: Computer Acquisition= 81,307,350.
2016 budget: Computer Acquisition=559,189,312.
(BPP)
2015 budget: Purchase of Motor Vehicle=39,620,855
2016 budget: Purchase of Motor Vehicle=220,600,00
(EFCC)
2015 budget: Remodelling of SW Zonal Office Lagos=128,984,298.
2016 budget: Remodelling of SW Zonal Office Lagos=211,939,207.
2015 budget: Research and Development= 6,658,739.
2016 budget: Research and Development= 294,460,00
(NIPSS,KURU)
2015 budget: Purchase of Recreational facilities=10,561,427
2016 budget: Purchase of Recreational facilities=39,075,000
2016 budget: Construction and Provision of Recreational Facilities=764,671,015.
(State House, Hqtrs)
2015 budget: Computer Software Acquisition= 13,579,948.
2016 budget: Computer Software Acquisition= 268,900,000.
2015 budget: Wildlife Conservation= 18,102,109
2016 budget: Wildlife Conservation= 326,084,876
(State House, Hqtrs)
Again,I haven't gone through the entire budget. I feel like crying . This is a horrible horrible rape of our collective patrimony. To think that we are borrowing to fund this theft is simply nauseating.

You have doubled my headache. If these figures are accurate they appear unwittingly-conjured. The 2016 figures have suspicious significant zeros.

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Politics › Re: Shocking Revelation From The Buhari Budget Proposal...... by Ghandi12: 8:22pm On Dec 29, 2015

Chai! But President Buhari and APC are supposed to be a departure from "corrupt and anti-people" PDP.

PRESIDENCY 39,124,978,809 (How many human-beings make up Presidency?)
NATIONAL ASSEMBLY 115,000,000,000 (How many human-beings make up NASS?)

But we are supposed to be broke! We are even heading towards recession 2016 with this budget relying heavily on loans! The more I read the budget break-down the severe the headache I am having now gets.

I am still on Page 16 but I want to quickly tender unreserved apologies to Ex-President Jonathan for tagging him and his government corrupt. We have continued the "corruption" where he left it so nothing has changed.

I must study this "2016 corruption plan" from beginning to the end Insha Allah.

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Politics › Re: Shocking Revelation From The Buhari Budget Proposal...... by Ghandi12: 7:53pm On Dec 29, 2015

banki:
You guys should stop this nonsense
You don't like buhari fine but stop insulting our collective sensibilities
It's only you people that saw the feeding budget
It's only you people that saw the recreation budget
It's only you people that can't show it to us?
What on earth is wrong with you guys

What exactly are you saying Bro. I like Buhari but I have serious issues with the figures I am seeing. Click the link and study the figures.

http://www.yourbudgit.com/wp-content/uploads/2015/12/Appropriation_Bill__Details_.pdf

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Politics › Re: 20 Members Of A Family Killed In Maiduguri Attack (Photos) by Ghandi12: 7:44pm On Dec 29, 2015

Shedding innocent blood everyday...give these boys what they are asking for

Romance › Re: Dreaming About The Same Person Over&over Again...why by Ghandi12: 3:00pm On Dec 29, 2015

Dreams are supernatural. They are common means of communication between human and the other side. Clerics from around the world would be making end-of-the-year predictions/prophesies as we come to the end of 2015 - these visions are usually revealed in dreams.

Depending on the form of your spiritual relationship with divinity do not ignore your dreams. If it refuses to go away then it is important. Get more pious and ascetic, seek clarification and guidance the way you believe. Do not act what you have seen in real life as dreams have ways of coming to pass without the characters physical effort.

Politics › Re: Obanikoro Replies Sahara Reporters by Ghandi12: 2:41pm On Dec 29, 2015

I think it is useless going into media battle with SR, from recent events they will always win. I am not sure if they always run their findings with characters involved before going to press.

Even people that hate them do not ignore their stories. Anyone that has issue with them better sought it out in a court of law.

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