₦airaland Forum

HastaCuando:
Federal Government Scholars in China still going hungry as a result of unpaid scholarship allowances. Since January 2015, and still counting.... Our government, what is happening?..( ... This is very unfair!!!

UpLoyo:
I think it's high time you guys started killing all these fake prophets. If they are so sure it's God that told them, that's ok, these prophets should sign a document that says if the prediction does not come true, their head should be cut off their necks.That would be the last time any of these blind bats dragging God into their falsehood. Imagine, there are 196 countries in the world and all that matters to God all the time is who's becoming the president in Nigeria and state governors. If all the fake pastors that told Jonathan God has destined him to win the election signed the document, that's a lot of dead Alibaba and the 40 thieves you wouldn't have to worry about again.

INTERMAN:
eh nawa o. Make a whole senator no get aids again? You and ur buhari mentality sha. Take care if our leaders so they can take care of us.

sam90s:
5 aids on public fund appears fiscally unsound considering our current circumstances, but if they are to perform to expected standard I think 2 permanent staff and a host of volunteers will be a good idea (we a army of young, bright, energetic school leavers who just need a break),
I agree with your post unil "......3rd world country" that's a derogatory term. Poor? Yes, majority of the the population is economically poor, 3rd world? I don't think so.

modath:
The move they need for him to make is to frustrate TSA, this facebook menene nor concern them.
@Ghandi12,
It is a major income drainer & it cuts across most of the strata of public service, ministers have a minimum of 10 apart from the core civil servants working in ministers' offices..
They come in (days minister is around) play zuma, drink tea & just take up space!!!

Serendip:
...
Findings revealed that just 25 out of about 500 senators’ aides, actually turned up for the programme.
The Chief of Staff to the Senate President, Senator Isa Galaudu, had in a statement issued on Thursday, said the training was in line with the promise of the senate president to bring about, a more representative legislature through the use of technology and e-parliamentary tools.
..
Source: http://punchng.com/senators-aides-shun-sarakis-online-training/

Basic Salary – 2,484 245.50
Hardship Allowance (50% of B.S) – 1 242 122.70
Consistuency allowance (200% of B.S) – 4 968 509.00
Furniture Allowance (300% of B.S) – 7 452 736.50
Newspapers Allowance (50% of B.S) – 1 242 122.70
Wardrobe Allowance (25% of B.S) – 621 061.37
Recess Allowance (10% of B.S) – 248 424.55
Accommodation (200% of B.S) – 4 968 509.00
Utilities (30% of B.S) – 828 081.83
Domestic Staff (75% of B.S) – 1 863 184.12
Entertainment (30% of B.S) – 828 081.83
Personal Assistance (25% of B.S) – 621 061.37
Vehicle Maintainance Allowance (75% of B.S) – 1 863 184.12
Leave Allowance (10% of B.S) – 248 424.55
Severance grautity (300% of B.S) – 7 452 736.50
Motor Vehicle Allowance (400% of B.S) – 9 936 982.00 – Every Four Years
Senators’ salary per month – N 2 456 647.7
Total = N 29 479 749 * 109 Senators
Grand Total = N 3 264 329 264.10

Basic Salary – 2,484 245.50
Hardship Allowance (50% of B.S) – 1 242 122.70
Consistuency allowance (200% of B.S) – 4 968 509.00
Furniture Allowance (300% of B.S) – 7 452 736.50
Newspapers Allowance (50% of B.S) – 1 242 122.70
Wardrobe Allowance (25% of B.S) – 621 061.37
Recess Allowance (10% of B.S) – 248 424.55
Accommodation (200% of B.S) – 4 968 509.00
Utilities (30% of B.S) – 828 081.83
Domestic Staff (75% of B.S) – 1 863 184.12
Entertainment (30% of B.S) – 828 081.83
Personal Assistance (25% of B.S) – 621 061.37
Vehicle Maintainance Allowance (75% of B.S) – 1 863 184.12
Leave Allowance (10% of B.S) – 248 424.55
Severance grautity (300% of B.S) – 7 452 736.50
Motor Vehicle Allowance (400% of B.S) – 9 936 982.00 – Every Four Years
Senators’ salary per month – N 2 456 647.7
Total = N 29 479 749 * 109 Senators
Grand Total = N 3 264 329 264.10

Bluetooth2:
Nigerian Army is one of the best when it comes to ruggedness [/b]and don't judge them by the government's lack of political will to fight BH...[b]

Bluetooth2:
...If you think war are won with fighter jets and armored tanks, then countries won't bother themselves having large conscript of men to fight wars !

Bluetooth2:
...If you think war are won with fighter jets and armored tanks, then countries won't bother themselves having large conscript of men to fight wars !

Editor1:
Dats the best political move they could make at the moment.
Saraki as a serial betrayer will surely betray APC again in the nearest future. If PDP decides to fight saraki out, they might end up installing a loyal APC man who will give dem no chance to bargain in the business.
So, head or tail...Saraki is PDP's best bet. They should put the Amaechi saga behind dem. There is much opposing to do...its still daybreak!

double0seven:
It seems people don't understand the basis of the support of senator/politicians for Saraki; all of them, majority of them, across board hopes the the case against him at the CCT will be scuttled.
If Saraki goes does, they know it spells clear and present danger for all of them. A conviction of Saraki for corruption will lead to a such a powerful ripples in the Nigerian polity, such that, there will be no safe haven for the corrupt and those who have embezzled state's resources again. if Saraki goes free, people like Akpabio will be relieved and know that there is nothing to worry about; dey still dey kampe - the status quo remains the same.

nwanna89:
...This policy if well implented would have been the catalyst to the rapid industrialization of nigeria. Imagine a nation like nigeria imports toothpicks, tomatoes and palm oil. Its even more aggravating that Shoprite is allowed to import bananas from South Africa.
However, some months into this policy. I am not satisfied with the implementation of the policy. The implementation seems very authoritarian and does not make room for some groups of people. They include:


The policy simply stiffles the flow of FX in the banking system without providing alternatives for those not being targeted by the policy.
I fall under category number two. Since banks are no longer allowed to accept dollar deposits, banks no longer have FX currencies to give customers. The country is not getting much money now since oil prices are low. Therefore, CBN has limited FX to give banks. I export and i receive my proceeds by wire transfers to my domicillary account in our nigerian banks. For business to run smoothly, we need to pull the money out to put back into the business.
However, for some weeks now, business has halted due to the lack of dollar in the bank. They have also restricted transfers to other accounts within the bank. So basically i cannot trade the dollar for naira with another person.
The policy was good. It would have encouraged local manufacturing and boosted employment. However, it was not properly thought through and is currently implemented very poorly. Importers cannot import, while exporters cannot get their proceeds. It is stifling the economy and making nigeria less favourable for foreign investment.
It almost appears the govt is waging a war against all local businesses. Everybody is complaining. There is nobody govt's economic policies is favouring right now.  If govt cannot provide banks with FX, then they should allow banks accept dollar deposits.
I hope the govt does something about this soon.
Lalasticlala seun

harbdulrasaq88:
[img]http://2.bp..com/-_j5cQKDayOg/VjNJlanELSI/AAAAAAAHJKs/8UtDSmffs9g/s320/1.jpg[/img]

Homicide detectives said the two security guards were in the skyscraper alone when they apparently began arguing. Police said surveillance video didn't capture the deadly shooting but was helpful in showing them what happened.
....
http://www.newshelm.com/2015/10/photos-23yr-old-nigerian-who-was-shot.html
cc lalasticlala

dammytosh:
If i am not quilty of CCT. No shaking. We die in court.
If I am, I will negotiate and resign.

10. Senegal 9. Burkina Faso 8. Rwanda 7. Ghana 6. Algeria 5. Tunisia 4. Namibia 3. Morocco 2. South Africa 1. Botswana
CNN Marketplace Africa covers the macro trends impacting the region and also focuses on the continent's key industries and corporations

(CNN)What is Africa's most prosperous country?

According to new research from the Legatum Institute, which last week ranked prosperity in 38 African countries around criteria ranging from economics to education to health, the title belongs to Botswana, the diamond-rich country in southern Africa.

As well as posting a relatively high per capita Gross Domestic Product (GDP) of $15,176, Botswana also fared well in terms of governance, education and personal freedom. As the country spends 8% of its GDP on education, it is among the biggest proportional spenders in the world according to the World Bank. This is the third year in a row that Botswana has topped the index.

In contrast, the Central African Republic was the lowest ranked country on the continent. The country, which has a per capita GDP of $584, has seen increasing violence since the end of 2012, and only 21.5% of the population have access to sanitation according to the prosperity index.

Biggest gainers

Rwanda was the best improver, gaining five ranking places to end up as the eighth most prosperous country in Africa. The country was found to have the sixth highest ranking in regulation and government effectiveness, the eighth highest score in rule of law and the lowest perceptions of corruption in Africa.

"Rwanda deserves credit for actively encouraging women to play a central role in shaping the future of their country. And it seems to be paying dividends," says the report.

These findings bucked trends across the continent, where 41% of women are out of work, as opposed to 23% of men.

"We cannot talk about the prosperity of women in Africa if we don't change the inappropriate policies that hinder their progress," argues Marieme Jamme, a Davos Young Global leader and CEO of SpotOne Global Solutions. "We cannot sugar coat the issues of funding, mentoring, gender equality, recognition and representation and expect women to come winners within the current framework and plans we have in Africa."

Other notable gainers since 2012 included countries from East Africa -- while neither Kenya nor Mozambique featured in the top 10 most prosperous countries in Africa, they both rose by four places in the rankings since 2012.

As over 44% of Kenyans thought it was a good time to find employment, the country ranked ninth in terms of entrepreneurship and opportunity. But following the 2013 siege in Nairobi's Westgate Mall, the country ranked 32 of 38 in terms of safety and security.

Initiatives that support women empowerment and a more active participation in business will be key for future prosperity.

Novella Bottini, Economist in the Prosperity Index

Falling down the ranks

Regional partner Tanzania, by contrast, fell eight places since 2012 going from 11th to 19th in the latest rankings. A drop in five-year average growth and an increase in inflation were coupled with a decline in confidence in financial institutions and falling satisfaction with living standards.

The country fared particularly badly in terms of personal freedom, where it fell from 24th to 28th.

While Tanzania's education score rose by one place in the rankings, the report argues that Tanzania needs to improve the quality of education in schools rather than focusing on enrollment rates. "Tanzanian education is not producing graduates with the skills needed to work in the formal sector," the report says. "The lack of an adequately skilled workforce is a hindrance to investment in sectors such as manufacturing, construction, mining, agriculture, finance, and communications...Tanzania needs education that improves students' chances of finding employment."

The biggest faller was Malawi, which dropped 11 places since 2012 to 20th in the index. The report cites a drop in the five-year GDP growth rate as part of the reason the country fell by 18 places in the Economy sub-index.

In all, average prosperity in Africa has been on the up since 2012. In the past two years all countries have seen increases in at least one area tracked by the report.

But Nathan Gamester, program director of the Prosperity Index ,added a cautious note to the findings: "As African economies grow, a chief concern for many governments is how to ensure that the fruits of growth benefit a majority of the population and contribute to true long term prosperity."

dhoryn:
if you are a Nigerian, u should know that this kind of future would take decades.

LONDON, Oct 20 (Reuters) – The resilience of U.S. shale producers has surpassed all expectations as they have wrung extra efficiencies out of their operations and pulled rigs back to the most prolific sections of existing plays.

The shale sector's ability to cut costs and sustain their output in the face of plunging prices has been extraordinary and testament to the entrepreneurial spirit and technical skill of the independent producers.

Shale producers are justifiably proud of their ability to survive the perfect storm that has hit their industry since the middle of 2014.

But it should not disguise the fact that the collapse in oil prices has paused the shale revolution, with the sector's focus shifting from growth to survival.

The revolution cannot be reversed. Techniques once mastered will not be unlearned. And adversity has forced shale drillers to become more efficient.

If and when prices rise, shale output is very likely to start increasing again, and from an even lower cost base.

For the time being, however, lower prices have stunted shale's growth in the United States and slowed its spread around the rest of the world.
North Dakota

In North Dakota, the oil boom has stalled as low prices have brought formerly rapid production growth to a standstill since the end of 2014.

State oil output grew at a compound average rate of just 0.38 percent per month over the last 12 months, according to records published by the Department of Mineral Resources.

By contrast, production increased at a compound rate of 2.37 per month in the 12 months before prices started to crash in June 2014 (http://tmsnrt.rs/1QOlGI8).

Output has been flat at 1.2 million barrels per day (bpd) since the end of 2014, the deepest and most protracted pause since the shale revolution began in the state in 2005 (http://tmsnrt.rs/1QOn25S).

If production had continued rising on its pre-June 2014 trend, output would now be 330,000 bpd higher at 1.52 million bpd.

Some analysts question whether the Organization of the Petroleum Exporting Countries (OPEC) is winning its price war against high-cost producers.
- See more at: http://www.rigzone.com/news/article.asp?hpf=1&a_id=141177#sthash.XF9a44ru.dpuf