Happney65's Posts
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There is nothing to touch in her body in the first place. ![]() |
IfnobeGod20:You are still beating around the bush. NBC isn't a financial institution. However whatever they deem fit as "crimes" to the ethics of broadcasting they either fine the person in monetary terms or shut down the station. That is what the NBC does. Or the NCC that fined MTN billions of naira during the GEJ administration is also wrong? The NCC just like the NBC are regulatory bodies to check the broadcast and telecommunications companies and fine them if they are found wanting. Now,their offence might be government sponsored just because the government do not like what they are saying, but they have the right to fine anybody or shutdown. You the finee can now go to court and decide not to pay while the court might or might not give a judgement against or for the case |
IfnobeGod20:I'm not supporting the NBC. Just stating the facts about the law establishing the NBC. The NBC cannot arrest nor take Datti to court nor sanction datti as he is an individual. They can only sue the station or even shut it down. They cannot sue Datti as an Individual Now,if channels believe NBC is wrong, they can contest the 5Million fine and the court can say otherwise |
The judgement cannot stand. NBC has the total power to sanction any broadcast station. However if the station feels the sanction isn't right,they can sue the NBC to appeal the sanction. But saying the NBC can't sanction is total bullshit Likewise saying the NCC can't sanction MTN and others.. |
dayleke:Baba,I think we wan give am some Naija yarinyan to do some shoki shoki.. ![]() |
BitmapStudios: ![]() |
Okitipupa ![]() |
lhordspy:Na wayre all of them be. Even speaker of Oyo state house of assembly Debo ogundoyin who is PDP in flesh and blood in there sef. Oyo APC have been crying since yesterday Awon wayres ![]() |
Emi o tun gbo iru eleyi ri o. Wayre sha po ni eko sha.. ![]() |
Person that is going to APC. Dey play. ![]() |
Sodiki Omo ogbon. ![]() By now he should have been on aslymun with a part to citizenship. The ekweremadus can rot for all I care. I only pity their poor daughter.. |
Nonesense and foolish talk. So because someone did not vote in two previous elections means they won't vote or can't vote in later years? Rubbish! |
illicit:They have been dragging him since yesterday. I guessed he is bored with his job as Govornor already |
Dittodat:Capital NO. Not like in Europe and America. That is why a former US President is standing trial for criminal offence with lots of other investigation ongoing. They have passed our own level try tey. I pity the poor girl |
Wait for this Tinubu supporters will do nothing but to blame the Buhari administration. Just like they did with Jonathan. Theirs too will be complain but a greater complaining and whyning and crying ![]() |
IyaebeTheGreat:Be you the most beautiful in the world. Men go still cheat and straff some other pussy. It is the same for 999999999999 percent of Men. Na so them create us. Know this and know peace |
Ikpeazu sef wan commission project. Wonders shall never end. ![]() |
Pharaohny:Cc Omolola15 |
Politics aside,this guy no even get sense at all. Can you tell your Dad to come and be running marathon? He no even get wetin to talk again sef |
As he bids farewell to Nigerians on May 29, an overwhelming verdict of gross failure on the economic front pockmarks the two-term tenure of the President, Major General Muhammadu Buhari (retd.). This era witnessed a relentless upsurge in human misery, rising national debt, two recessions, record unemployment and inflation levels, and receding foreign direct investment. While so much had been expected of him, he delivered eight locust years. He made bad choices, failed to demonstrate any real grasp of modern economic ideas, and lacked the presence of mind or leadership acumen required to turn the ailing economy around. Inheriting a battered economy from the equally inept Goodluck Jonathan in 2015, Buhari at every opportunity blamed previous governments for not saving or building infrastructure when oil prices were high. But he appeared to forget that he rode to power precisely on the promise and perception that he would reverse the failures of his predecessors on the economy, security, corruption, and leadership. His successes were few, his failures legion. Truly, he inherited a precarious economy. Averaging $111 per barrel in 2011 and 2012, oil prices had started nosediving by mid-2014, thus upturning Nigeria’s revenue and spending plans. By early 2016, oil had receded to $28pb. Although prices later recovered, Buhari never initiated the required ameliorating policies – drastically reducing the cost of governance, strengthening the tax system and divestment. Consequently, the economy fell into recession in 2016, the first time in 25 years, after successive quarters of negative growth. The economy recovered as oil prices rebounded, ending 2017 at $60pb on the average. The second recession in 2020 was caused by the outbreak of the COVID-19 pandemic-induced global recession impacting on the country’s fragile economy. In the second quarter 2020, Nigeria’s GDP contracted by -6.1 per cent, and -3.6 per cent in Q3 to wipe out three years of tentative recovery. But the resurgent oil prices from 2017 could not mask Buhari’s shallow economics, headlined by a confused foreign exchange system, uncoordinated populist schemes, faltering sectoral programmes and a command economy that inhibits private investment. While the naira exchanged officially at N197.8 to $1 in June 2015, it was N460.97 to $1 by April 20. At the parallel market, where most buy, it is N747. Inflation spiked.In 2015, annualised inflation was in single digits at 9.0 per cent. In December, the inflation rate hit 21.47 per cent, a 17-year peak. In March, it climbed to 22.04 per cent, and is likely to rise higher as the government mulls removing the petrol subsidy. Nigerians have never had it so bad. The country overtook India in 2018 as the global capital of extreme poverty with 87 million of its population adjudged to be extremely poor. Some 91.6 million Nigerians currently live in extreme poverty, second behind India, per the World Poverty Clock. The National Bureau of Statistics in 2022 assessed 133 million citizens as living in multidimensional poverty. These figures are not surprising. On Buhari’s watch, the economy is rudderless. Unlike previous governments, he did not value an Economic Management Team, to plan and guide economic recovery. Buhari prefers the lazy recourse to borrowing, breaking all borrowing records in eight years. The Debt Management Office put Nigeria’s debt at N12.12 trillion in June 2015, a debt-to-GDP ratio of 13.1 percent. It had climbed to N44.7 trillion by December 2022; ‘Ways and Means’ borrowing (mostly printing money) was N22.8 trillion. Accordingly, debt-to-GDP ratio has risen to 34.7 per cent. With the binge borrowing, servicing obligations wipe out revenue; 96 percent of revenue went for debt servicing in 2022, said the World Bank. The supine Ninth National Assembly that unthinkingly approves Buhari’s loans is complicit in the binge borrowing. Buhari is disconnected from economic reality: while he borrows heavily and pays highly to service debt, he has just increased public workers’ salaries by 40 per cent. The increment is not tied to any new source of revenue. Investment, foreign and domestic, has atrophied. The NBS estimates unemployment rate at 33.3 per cent, and youth unemployment at 42.5 per cent. Insecurity is taking a huge toll on investment. Currently, international airlines cannot repatriate over $800 million because of the dollar shortage that has also restricted the importation of raw materials, machinery and parts. Buhari’s failure is not for lack of policies.Indeed, multiple policies were rolled out or inherited under him. These include the Treasury Single Account, the Anchor Borrowers’ Programme, the IPPIS salary payment system, Economic Recovery and Growth Plan 2017-2020, the National Development Plan 2021-2025, and several sectoral and sub-sectoral programmes. But they all suffered from his characteristic inattentiveness, and delegation of responsibility without supervision, feedback, or reviews. Targets are missed or abandoned, and sanctions or replacement of incompetent officials rare. Agencies and banks flout TSA under which public revenue is to be remitted directly and in real time. The ABP has run into loan repayment crisis and the “rice revolution,” an early regime success, has faltered; the ERGP’s growth targets, diversification and export boost have not materialised, while the wasteful, ill-conceived cash disbursement schemes are massive looting conduits. Creditably, Buhari signed a watered-down version of the Petroleum Industry Bill into law in August 2021. Bungled by previous governments, that is a major success. The opening of the Abuja-Kaduna, Warri-Itakpe and Lagos-Abeokuta-Ibadan rail lines and extension of others are notable. The flipside is that they come with heavy loans; when the government should have allowed the private sector to undertake these capital projects. Works and Housing Minister, Babatunde Fashola, credits the regime with the reconstruction of 400 highways and bridges. Highways like Bodo-Bonny, or Loko-Oweto Bridge that cuts travel time between the South-East and North-Central by four hours are major landmarks. For eight years, the Lagos-Ibadan Expressway, the Second Niger Bridge, Abuja-Kaduna-Zaria-Kano (for which the regime received $311 million of the Abacha loot), Ibadan-Ilorin, Lagos-Abeokuta, East-West Road, and other critical highways have yet to be completed. He did nothing to rescue the Apapa Ports access roads; private sector operators are trying to remedy the grave neglect. Buhari is leaving the energy and solid minerals sectors as he met them. With no more than 5,000 megawatts available, Nigeria is electricity-poor. Compare that to President Fatah el-Sisi, who almost tripled electricity output to 60,000MW (2014-2019), transforming Egypt to a net exporter of power. Natural resources are idle or being appropriated by Chinese operators in collusion with corrupt Nigerians. Buhari was defeated by oil thieves: in the year to March, Nigeria lost N2.3 trillion to oil theft and pipeline vandalism. Nigeria was losing $700 million monthly to oil theft, the Nigerian National Petroleum Company claims. Typically, the Executive Orders of his regime on the seaports, airports, and ease of doing business, are implemented in the breach. The President failed to forge a synergy between fiscal and monetary policies. Under him, politics interfered with economic decisions, exemplified by the riotous sale of dollars for religious pilgrimage at concessionary rate when manufacturers cannot access the same. His conspiracy with the Central Bank of Nigeria Governor, Godwin Emefiele, with the short-sighted naira redesign policy severely knocked the economy. Nigerians are still living in hardship and businesses are incurring losses because of the policy, with the banks experiencing liquidity problems and the new banknotes still scarce. Agriculture, still the largest contributor to GDP and employer, is besieged; the poultry, tomato, pepper sub-sectors are groaning under the cash squeeze. Farmers are tormented by Fulani herdsmen, who spurn ranching, the global best practice, as well by bandits and terrorists. Ultimately, his statist bent played out, virtually shutting down the long-running privatisation programme. Buhari failed to privatise the moribund refineries, the Ajaokuta Steel Complex, the airports, and the seaports or liberalise these sectors. On balance therefore, his tenure is an economic fiasco, leaving behind higher poverty, unemployment, inflation, and business fatality rates. He has no excuse; he simply lacks the leadership, cognitive and administrative capacity to successfully pilot a modern economy. Ignacio Lula Da Silva, who in his first presidency pulled 20 million Brazilians out of poverty, Festus Mogae, who managed Botswana from wretchedness to become Africa’s fastest growing economy for a while, and Paul Kagame, who is remaking Rwanda into a modern economy, demonstrate what enlightened, capable leadership can accomplish. For economically traumatised Nigerians and the business community, Buhari will not be missed. https://punchng.com/the-buhari-years-an-era-of-gross-economic-fiasco/?utm_medium=Social&utm_source=Facebook#Echobox=1682675190 Cc Omolola15 Remember we said it, Buhari of 1983 will definitely be the same in 2015Seun. This is front page worthy |
I always look forward to seeing Adunni Adelakun's Thursday tonic at the Punch. Direct with lots of punches here and there. As for Buhari, ENKR |
Straffing the same pussyy for 22 years or more. He reach make he tire am. He try ![]() |
raumdeuter:Is it not the truth? Was it not Tinubu himself that denied the SW the speakership when Jonathan already had it zoned to the SW. Wasn't it not Tinubu that denied Mulikat Akande Adeola the ticket? Isn't it the truth |
tensazangetsu20:Namibia has the best road network in Africa. Shey you know? |
He announced it about an hour ago. Way to go Joe |
I don't get it why people are getting worked up since yesterday. He has already said he will be charging for the blue tick before now and the deadline was yesterday,now he decided to remove those that are not paying and una dey shout Either you pay for those of you that loves the blue tick so much or you leave am like that Period! |
Awe ti pari bayi o. Una go go back to una "sins" After you have suffered una selves of not eating Lunch for the past 30days. Sorry just for Men alone sha as una God still dey discriminate against women Women fasting no dey complete as per "they are unclean individuals. Lol I haven't seen a religion that discriminate against women as much as Islam. Happy Eid all the same |
AchrafHakimi:Ahahaha. The Shege he go show us heeen, SM will be the first casualty. His supporters will be crying tears of sorrow,pain and anguish cos he go touch everybody. E ti ri kan kan |
Was thinking it was a catfish account when. I saw it earlier. Wasn't sure It belonged to the Lagos state police force.. O tun to zee o. ![]() |
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