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Properties / Re: My Analysis On The Synagogue Building(hotel) Collapse. by hayzed2: 11:38am On Nov 02, 2014
icemann:
Fellow Nigerians, as a Civil engineering graduate, i would love to give you a detailed explanation why the building collapse wasn't caused by an explosion.

During the stages of a building design, as a civil engineering student, i was taught the use of critical columns in my design. The critical columns is suppose to hold a build when an unexpected disaster affects the sides of a building e.g Flood, earth quake. In the design, the critical columns are suppose to carry the total building weight (dead load and imposed load) even when neglecting the presence of other columns i.e in theory they can hold up a building without other support structure like the walls. In most designs walls are classified as dead load other than a support for the building.

The video released by the church shows on side of the structure failed and resulted to multiple column failures. In a well designed structure if a failure occurs on one side of a building, the critical columns would prevent the other sides from falling and hold up other parts of the building. This is a safety measure that is in practice for years and every qualified engineer knows this.

Below is an example, That building was bombed in Oklahoma city, Oklahoma USA by Timothy McVeigh on April 19, 1995. The critical columns were able to hold up the rest of the building and minimal damage was caused. Compare that too the synagogue building.
http://en.wikipedia.org/wiki/Oklahoma_City_bombing

At this point you don't need to be a demolition expert or a civil engineer to know its a design flaw.
Now the questions we should be asking is,
1. Who designed the building
2. Why did the state approve the design.
3. Who decided to build a bad design.

I think all three groups need to questioned.

Thanks.

Icemann.

B Sc. Civil Engineering F.U.T Owerri.
M.Sc University of Texas Austin.






[b] DISCLAIMER [/b]r.
Above is my personal analysis of the tragedy. Any use without the permission of the Author is a violation of the copyright laws. Thanks.


How would you analyse the 9/11 collapse
Car Talk / Re: Appeal Court Upturns Lagos Court Decision On Number Plates by hayzed2: 11:30am On Nov 02, 2014
Are they still on this case If to say fashola too na bus driver!! Him self go dey swear for frsc oo.... Useless politicians, may God sees us thru
Politics / Re: Defeating Boko Haram, Nigeria’s Responsibility — Britain by hayzed2: 4:15am On Nov 02, 2014
Politics / Defeating Boko Haram, Nigeria’s Responsibility — Britain by hayzed2: 4:14am On Nov 02, 2014
The British government has said there is a limit to what
assistance it can offer Nigeria as Boko Haram renews its
attacks in the North-East.
While acknowledging the complex nature of the insurgency,
the British government, through its Minister of State, Foreign
and Commonwealth Office, Joyce Anelay, stated that her
country was in constant discussion with the Federal
Government.
The minister, who was fielding questions from the House of
Lords on Thursday, however, said the British government
was cautious of what it said about the ongoing insurgency in
Nigeria.
She told the parliament, “Nigeria faces a serious threat from
Boko Haram. We believe that more than 3,000 people have
been killed by Boko Haram this year and more than 1.5
million people have been displaced. We are aware of
reports that Nigerian authorities have agreed to a ceasefire
with Boko Haram and are in ongoing negotiations. We are
also aware of reports of Boko Haram attacks since the
ceasefire announcement. We monitor events closely.
“Boko Haram deliberately targets the weak and vulnerable,
causing suffering in communities of differing faiths and
ethnicities. It has no regard for human life. We are in
continual discussion with the Nigerian authorities to press
exactly as the noble Baroness says, and we give as much
support as we can in intelligence matters.”
During the question-and-answer session, a member of
parliament, Caroline Cox, who had made visits to areas
worst hit by current militants’ insurrection, urged the British
government to put pressure on Nigeria to be more effective
in tackling the insurgency.
“I thank the minister for that sympathetic reply. Is she aware
that I have visited areas afflicted by Boko Haram and found
that the scale of suffering to which she refers massively
exceeds that reported by the media?
“Despite reports of a peace agreement with Boko Haram, to
which the Minister refers, local people do not believe that
the federal and state authorities are sufficiently willing or
able to stop Boko Haram’s reign of terror. Therefore, will
Her Majesty’s government make the strongest possible
representation to the government of Nigeria to do much
more to implement effective policies to protect all its
citizens from this escalating terrorism?” Cox said.
Responding to her questions and those posed by other
members of the parliament, Anelay pointed out that Britain
would give Nigeria the strongest support it could, adding
that a Sentinel and Tornado GR4 aircraft had already been
deployed to assist in the fight against Boko Haram.
She noted, “We are therefore most cautious in what we say
in these matters. What I will say is that it is for the Nigerian
authorities to resolve the matter. We will give the strongest
support we can.”

1 Share

Politics / Shekau Denies Ceasefire, Says Chibok Girls Have Converted To Islam, Married Off by hayzed2: 7:36pm On Nov 01, 2014
Boko Haram denied that they had agreed to a ceasefire in a new video obtained on Friday by AFP, describing the Nigerian government claims as a lie and apparently ruling out future talks.



The group’s leader, Abubakar Shekau, also claimed the 219 schoolgirls kidnapped from the remote northeast town of Chibok, in Borno state, in April had converted to Islam and been married off.

In addition, Shekau said the Islamists were holding a German national, who was kidnapped in Adamawa state, also northeast Nigeria, in July

The video comes after a surprise Nigerian military and presidency announcement on October 17 that a deal had been reached with the militants to end hostilities.


A senior presidential aide to Goodluck Jonathan also said agreement had been reached to free the schoolgirls, whose abduction sparked global anger and demands for their release.

There was immediate scepticism about both claims because of previous assertions of ceasefires and the identity of the purported Boko Haram envoy at the supposed talks, Danladi Ahmadu.

Violence — and fresh kidnappings — have continued unabated since the announcement, including a triple bombing of a bus station in the northern city of Gombe on Friday that killed at least eight.

Nigeria’s government maintains that talks were ongoing in the Chadian capital, Ndjamena.

But Shekau, speaking in Hausa, dressed in military fatigues and boots with a black turban, and flanked by 15 armed fighters, said: “We have not made ceasefire with anyone…

“We did not negotiate with anyone… It’s a lie. It’s a lie. We will not negotiate. What is our business with negotiation? Allah said we should not.

He also said he did not know Danladi.
– Kidnapped girls –

There was no indication of when or where the video was shot but it was obtained through the same channels as previous communications from the group

In it, Shekau mentions the Chibok girls for the first time since a video obtained on May 5, when more than 100 were shown in a rural location dressed in the hijab and reciting verses from the Koran.

Then, the militant leader said many of the girls had converted to Islam but in the latest, he indicated that all of those held had become Muslims.

“Don’t you know the over 200 Chibok schoolgirls have converted to Islam? They have now memorised two chapters of the Koran,” he said.

Shekau previously threatened to sell the girls as slave brides and also suggested that he would be prepared to release them in exchange for Boko Haram prisoners.

In the latest message, he said while laughing: “We have married them off. They are in their marital homes.

Human Rights Watch said in a report published this week that Boko Haram was holding upwards of 500 women and young girls and that forced marriage was commonplace in the militant camps.

One former hostage said she saw some of the Chibok girls forced to cook and clean for other women and girls who had been chosen for “special treatment because of their beauty”.

– German national –
Shekau’s claim in the video that they were “holding your German hostage” is the first claim of responsibility for the abduction, which happened on July 16.
The German foreign ministry in Berlin said it did not want to comment when contacted by AFP.

Armed gunmen kidnapped the foreigner, who was said to be a teacher at a government technical training centre in Gombi, about 100 kilometres (62 miles) from the Adamawa state capital Yola.

Suspicion immediately fell on Boko Haram, which has repeatedly attacked schools teaching a so-called Western curriculum, as well as teachers and students.

An offshoot of Boko Haram, Ansaru, has previously claimed the kidnapping of at least eight foreigners in northern Nigeria since 2012 but the group has been largely dormant for more than a year.

The group reportedly broke with Boko Haram to specifically target foreigners instead of Nigerians and executed seven expatriates it seized from Bauchi state in 2013.

In January 2012, Boko Haram kidnapped German engineer Edgar Raupach at a construction site on the outskirts of the northern city of Kano.

He was killed in a military raid on a Boko Haram hideout on the outskirts of the city four months later.

Kidnappings for ransom by criminal gangs are common in the oil-producing south. On October 24, armed men shot dead one German national and kidnapped another in Ogun state, southwest Nigeria.

Both were working for the construction firm Julius Berger. The hostage was later released, the company said on Thursday.

Source: Vanguard
Celebrities / Keshi Open To Super Eagles Return As National Team Coach by hayzed2: 9:37pm On Oct 30, 2014
Stephen Keshi says he will be open to return as Nigeria
coach, if he was asked to do so by President Goodluck
Jonathan.
Nigerian President Goodluck Jonathan has ordered Keshi be
reinstated as the country’s coach after he was earlier sacked
by the Nigeria Football Federation (NFF).
When asked if he was aware of the Presidential order on
Thursday in Abuja, Keshi told AfricanFootball.com: “Well I am
just hearing from you.
“But if the President of my country asked me to return, who
am I to refuse.”
‘Big Boss’ is at press time locked in a meeting with the
country’s sports minister Tammy Danagogo.
Keshi had earlier refused to comment on speculations he was
to return as the country’s coach just weeks after he was eased
out with Nigeria in danger of missing out on next year’s Africa
Cup of Nations.
Several top sources have confirmed that President Goodluck
Jonathan has ordered Keshi be re-instated and given a
contract.
This was after his meeting with NFF president Amaju Pinnick
and Chris Giwa at the Aso Rock Villa Wednesday night.
“Keshi is back as Nigeria coach and he will be the one to lead
the Super Eagles against Congo and South Africa next month,”
one of the top sources informed AfricanFootball.com
An official statement is now being expected in this respect.
Meanwhile, according to an official press release by the NFF
on Thursday, Shuaibu Amodu has pleaded passionately with
the leadership of Nigeria Football Federation to allow Stephen
Keshi handle the Super Eagles for the two remaining matches
of the 2015 Africa Cup of Nations.
In a letter dated 27th October, 2014 and addressed to NFF
president Amaju Pinnick through the Chairman of NFF
Technical Committee, the 56 –year old tactician who was
named as new Head Coach penultimate week, said he wanted
Keshi reconsidered for the two matches as the time –frame is
too short to tinker with the fabric of the squad or start to build
a new one altogether.
“Following wide consultations that I have carefully made
within the past two weeks since the appointment, and for the
sake of professionalism, I want to specially appeal to you to
reconsider the matter and allow Stephen Keshi to finish the
project that he has started – the 2015 Africa Cup of Nations
qualifying race,” requested Amodu.
“Sir, my opinion also is that the time –frame is too short to
start tinkering with the fabric of the team or attempt to build a
new team altogether.
“As technical director of the NFF, I am ready and willing to
help build a better relationship among Keshi (with whom I
have enjoyed good working relationship in the past and who
is still very close to me), the players and the NFF technical
committee.
“I am assuring you, Mr. President, that I will offer whatever
assistance required by Keshi and his crew for the remaining
two matches, and also be there to offer advice, suggestions
and efforts towards building a stronger Super Eagles team
after the qualifying race.”
Nigeria play Congo Brazzaville in Pointe Noire on November
15, before taking on South Africa in Uyo four days later,
needing to not only win both matches but defeat Congo by a
margin of two goals away, to stand any chance of qualifying
for the 2015 finals.

Source: www.afrikansoccer.com/2014/10/keshi-open-to-super-eagles-return-as-national-team-coach/
Politics / Re: Omonigho’s Head: Boy Attacked By Dogs Now Smells by hayzed2: 8:19am On Oct 30, 2014
Omexonomy:
The hospital fashola and tinubu claimed to be a world class hospital cannot treat the injury of this boy. Little wonder tinubu spent $200million in buying fleet of privat jets to take him and his family to europe whenever they are having headache.
Buhari is under attack all the paid cyber rodents and cyber bedbugs should come to his rescue.
cc. Gbawe
cc. Barcanista
cc egift
cc cramjones
cc berem
cc obiagelli
cc demdem.
cc slidewaxie
and every other APC winches and winzard in nairaland.

Did tinubu borrowed money from one of your family to buy the jet?

3 Likes 1 Share

Politics / Re: They Told Me To Join A Cult If I Must Become Governor - Labaran Maku by hayzed2: 8:13am On Oct 30, 2014
Copy copy, igbawo ni maku oni ku... smiley he is just trying to copy julius agwu because we all show love when julius said the same thing, so maku is also expecting Nigerians to show him love by lying to us.... Shallow thinker

4 Likes 2 Shares

Politics / Re: Atiku Son Lambast Amaechi by hayzed2: 7:58am On Oct 30, 2014
Firstly: @OP, you have to modify your topic to 'Amaechi' and not 'Amechi'.
Secondly: I guess maybe his father is planning to make Gov. Oshiomole his vice president.
Thirdly: Its a shame on Atiku, knowing that his son has no sense of responsibility by using those harsh and depicting words against his father colleague.

1 Like 1 Share

Politics / Re: Festus Keyamo Cries Out "Tompolo Wants To Kill Me by hayzed2: 7:46am On Oct 30, 2014
Too bad ,but i'm very sure that Nigeria Government wont take this as a serious issue and mind you; I don't see the different between this guys and the Boko Haram sect because they both have the right to kill without been questioned whatsoever...

1 Like 1 Share

Celebrities / Re: “i’m Not Bothered That People Think I Am Arrogant” – Wizkid by hayzed2: 2:57pm On Oct 28, 2014
The more you criticise this lil boy, the more you add to his fame..... That's called fame stunt smiley

2 Likes

Politics / Re: Breaking News: TAMBUWAL Defects From PDP To APC..officially by hayzed2: 2:31pm On Oct 28, 2014
It was an atmosphere of jubilation as well as mourning on
the floor of the House of Representatives today as the
Speaker, Aminu Tambuwal declared for the All Progressives
party, APC.
At exactly 12:24pm Tambuwal In a short speech at the end of plenary, said he was defecting to the APC for political
reasons adding that the yearning of his people in Sokoto
State necessitates the decision.
This puts to rest the avalanche of speculations on if or when
he would defect. Some members of the PDP were in tears as Tambuwal declared.
However, the APC Caucus in the House led by Femi
Gbajabiamila said they would be stimulated into doing more by Tambuwal’s defection, adding that nothing has changed in the House as all members would work together for the advancement of the Parliament and greater good if the Nigerian people.

1 Like 1 Share

Politics / Re: How Boko Haram Raped, Tortured And Forcibly Islamised Abducted Girls by hayzed2: 11:05am On Oct 28, 2014
Politics / How Boko Haram Raped, Tortured And Forcibly Islamised Abducted Girls by hayzed2: 11:04am On Oct 28, 2014
Human Rights Watch (HRW) has released a new report
detailing how Boko Haram tortured, raped and forcibly
converted abducted girls to Islam and also married them off
to members of the sect.
The report titled, “Those Terrible Weeks in their Camp - Boko
Haram Violence against Women and Girls in North-east
Nigeria”, gave a graphic account of how the abducted girls
were used to lure members of the Civilian Joint Task Force,
also known as the youth vigilante, into ambush and
captivity.
HRW revealed that although the April 14, 2014 abduction of
276 girls from a secondary school in Chibok brought the
spotlight on the scourge of kidnapping in North-eastern
Nigeria, many more girls, women and men, mostly
Christians, were also kidnapped.
The report highlighted the harrowing experiences of some of
the abducted women and girls, many of whom remain in
captivity.
The report stated that members of Boko Haram had
committed war crimes for which the International Criminal
Court in The Hague should hold them accountable.
The report noted that while much had been written about
Boko Haram and the horrific threat it poses, very little is
known about the abuses endured by women and girls in
captivity.
The report, based on field research, including interviews
with victims and witnesses of abduction, documents the
abduction of women and girls by Boko Haram, highlighting
the harrowing experiences of some of the abducted women
and girls.
According to the report, there remain many more women
and girls in captivity whose stories have not yet been told.
The report stated: “From June through August 2014, Human
Rights Watch interviewed 30 individuals who were abducted
by Boko Haram between April 2013 and April 2014, and 16
others who witnessed the abductions.
“The victims, including 12 students of the Chibok school who
escaped from Boko Haram custody after they were
abducted, provided further details of the abuses they
endured.
“The women and girls described how they were abducted
from their homes and villages while working on the farms,
fetching water, or attending school.
“The victims were held in eight different Boko Haram camps
that they believed to be in the 518-square kilometre
Sambisa Forest Reserve and around the Gwoza hills for
periods ranging from two days to three months.”
According to HRW, some of the victims and analysts it
interviewed said women and girls were also being used for
tactical reasons, such as to lure security forces for
ambushes, force payments of ransoms, or for prisoner
exchange deals.
The report also described the ease with which Boko Haram
insurgents operated in North-east Nigeria unhindered by
security agencies.
It stated that witnesses described how abducted married
women or those abducted with children were often released
when they told Boko Haram they had converted to Islam.
Some of the abducted girls and women worked for Boko
Haram as cooks while others cleaned the environment and
washed the clothes of the insurgents.
In the camps, they described seeing other women and
children — some of them infants and others as old as 65 —
but were unable to say whether all of them had also been
kidnapped.
They were made to cook, clean and perform household
chores.
Some were forced to carry stolen goods seized by the
insurgents after attacks.
One of the interviewees said she saw some of the Chibok
girls forced to cook and clean for other women and girls
who had been chosen for “special treatment” because of
their beauty.
The women also talked about rape as well as physical
violence, including one who said she had a noose placed
around her neck and was threatened with death until she
converted to Islam.
One 15-year-old said she complained that she was too
young to marry one of the militants but a Boko Haram
commander dismissed her concerns, saying his five-year-old
daughter got married the previous year.
Other kidnapped girls helped the insurgents to carry arms
while fighting raged between the insurgents and security
forces.
For instance, a 19-year-old woman who spent three months
in the captivity of Boko Haram narrated her ordeal in the
hands of her abductors: “I was told to hold the bullets and
lie in the grass while they fought. They came to me for extra
bullets as the fight continued during the day.
“When security forces arrived at the scene and began to
shoot at us, I fell down in fright. The insurgents dragged me
along on the ground as they fled back to camp.”
She further explained how she was ordered to kill one of the
five captured civilian vigilantes brought to one of the camps
of the group.
“I was shaking with horror and couldn’t do it. The camp
leader’s wife took the knife and killed him,” she said.
The report said residents of villages and towns ravaged by
Boko Haram attacks during which women and girls were
abducted complained about inadequate government
response to prevent attacks and protect victims.
Some of the victims, in their testimonies, said soldiers
appeared to have been overwhelmed either because
inadequate number of troops had been deployed to a given
town or because they seemed to have run out of
ammunition during the course of an attack.
The report said: “Two Chibok residents, including a parent
whose two daughters remained in captivity at the time of
writing, told HRW that as they tried to escape the town, they
saw government soldiers also fleeing.”
The report acknowledged government’s efforts to prosecute
Boko Haram members arrested but said that such efforts
were grossly inadequate.
It said many victims of abductions and their family members
who spoke to the organisation expressed frustration with
what they perceived to be lack of investigation and
prosecution by government authorities for the crimes
committed against them.
Among others, HRW recommended that the Nigerian
government enacts legislation to domesticate the
International Criminal Court’s Rome Statute, which Nigeria
ratified in 2001, including criminalising under Nigerian law
genocide, war crimes, and crimes against humanity,
consistent with the International Criminal Court’s Rome
Statute definitions.
It also recommended that the government should ensure
such laws apply retroactively at least until July 2002, the
date the Rome Statute entered into force for Nigeria.
Meanwhile, the Minister of Foreign Affairs, Ambassador
Aminu Wali, has said the reported fresh abductions of
women and children in Adamawa and Borno States last
week will not affect the ongoing negotiations for the
cessation of hostilities between the federal government and
the terrorist sect.
The ongoing negotiations brokered by the government of
Chad are expected to lead to the return of the Chibok
schoolgirls who were abducted over six months ago.
Echoing what he said was the position of Boko Haram that
the recent abductions were not carried out by the sect, Wali
said kidnappings are also being carried out by miscreants
and criminals.
He said this while fielding questions from newsmen during a
trilateral meeting with the Foreign Ministers of Germany and
France in Abuja yesterday, where he promised that efforts
were being made to rescue or bring back all those that have
been kidnapped.
The minister added that there was suspicion that the recent
abductions might also have been carried out by some
dissidents in Boko Haram who do not want the ceasefire.
“This is a denial from Boko Haram that we have been talking
to… But we also suspect that maybe some dissidents of the
main Boko Haram body would have probably done that to
break the ceasefire, but certainly this is not something that
would threaten the negotiations that are going on, and we
would make efforts to bring back those that have been
kidnapped.
“Yes there is a ceasefire agreement and negotiations are still
going on for a fact. We expect a lot of progress to be made
and soon we would announce exactly where we are. But of
course when negotiations are going on, it will be pretty
delicate for us to start making pronouncements until we are
sure of what we have been able to achieve in the process,”
he explained.
In his remarks, the German Foreign Minister, Dr. Frank
Walter Steinmeier, said France and Germany are in support
of any effort that is currently being made to reach a
ceasefire with the terrorist sect to ensure the release of the
Chibok girls.
He disclosed that Germany was also providing support for
Nigeria on border control to ensure that Boko Haram
members do not sneak into neighbouring countries.
“As far as the abduction of a German national in Northern
Nigeria, there is no new information on that case,”
Steinmeier said.
He also announced that the European Union was committing
35 million euros towards helping Nigeria achieve free and
fair elections in 2015.
The Foreign Minister of France, Mr. Laurent Fabius,
expressed confidence that Nigeria’s upcoming general
election would be a good example to the rest of Africa,
following a visit to the headquarters of the Independent
National Electoral Commission (INEC).
He disclosed that a Franco-German initiative in Abuja would
be put as a proposal to the European Union for the creation
of “white helmets” who will help “Europe and others” in
humanitarian activities to mitigate the effects of natural
disasters.
On Nigeria’s containment of the Ebola virus, both ministers
congratulated the country on its effort to fight the disease.
They however called for more collaboration to fight the
disease, as no nation is free of the virus as long as it exists
in any other country, they said.
In their meeting with INEC, both European foreign ministers
also called on the federal government to ensure that
insurgency in the country is brought to an end before next
year’s elections.
They observed that the continued insurgency in the North-
east would pose an enormous challenge to INEC in the
conduct of the elections.
The two foreign ministers said they were in the country
because of the importance of Nigeria to the world, adding
that the visit to Nigeria and INEC in particular would afford
them the opportunity to get first hand information by
interacting with civil society groups, government and INEC
on the challenges of the 2015 polls.
Specifically, Fabius urged INEC to defend Nigeria and Africa's
image by conducting credible elections in 2015.
According to him, “We have come because of the
importance of Nigeria to the world. It is better we have
direct contact with civil society groups, government and
INEC which has a great responsibility in respect of the next
general election where we elect new leaders next year.
”You have enormous and great challenges. We hope that the
elections will be free, fair and credible. We want to know
your approach to the elections in the North-east. We
congratulate your institution for the way you handled the
general election in 2011 and more recently the current
elections.
“Now that new elections are coming next year, the challenge
is tremendous. You have a great responsibility towards
Nigeria. The image of Nigeria is at stake and the image of
Africa as well.
“We have no doubt that this election will be free, fair and
transparent. The European Union (EU) will contribute to it
financially and will also dispatch an EU observation
mission.”
Celebrities / Re: NBC, Coca-cola Deny Criminal Charge Against Managing Directors by hayzed2: 10:50am On Oct 28, 2014
Celebrities / NBC, Coca-cola Deny Criminal Charge Against Managing Directors by hayzed2: 10:50am On Oct 28, 2014
The Nigerian Bottling Company Plc. (NBC) and Coca-Cola
Nigeria Limited (CCNL) on Monday expressed surprise at the
media reports that the Chief Executive, NBC, Mr. Ben Langat
and CCNL’s Managing Director, Mr. Adeola Adetunji, had
been charged with violation of the Consumer Protection
Council (CPC) Act.
A statement jointly signed by the Head, Public Affairs and
Communications, NBC, Uzo Odenigbo and Director, Public
Affairs and Communications, CCNL, Clem Ugorji, stated that
the firms had not been served with any criminal charge
against the companies’ bosses.
“We note from the media reports that criminal charges have
been filed against NBC and CCNL in relation to alleged
violations of the orders that were issued by the CPC in
February 2014 following a consumer complaint involving
two short-filled cans of Sprite. To date, we have not been
served with any criminal charges.”
While restating their utmost respect for the CPC as a
regulator and an agency of government, the firms noted that
their applications for a judicial review of court orders in
February 2014, are pending in the courts.
“NBC and CCNL have the utmost respect for the CPC as a
regulator and an agency of government and will continue to
cooperate with the council on this matter.
“We filed applications for a judicial review of these orders in
February 2014, which review is pending in the courts. We do
not believe that our submission to judicial review is in
violation of the council’s orders. We have full trust in the
Nigerian judicial system.
“Our consumers and customers are our highest priority.
NBC and CCNL take all matters relating to our products very
seriously and remain committed to maintaining the highest
international quality and food safety standards.
“Out of respect for the ongoing court processes, we do not
wish to comment further in public on this issue,” the
statement said.
Celebrities / Re: FG Needs $5b To Stabilise Economy – Okonjo-iweala by hayzed2: 9:12am On Oct 28, 2014
Celebrities / FG Needs $5b To Stabilise Economy – Okonjo-iweala by hayzed2: 9:11am On Oct 28, 2014
Co-ordinating Minister of Economy
and Finance Minister, Dr. Ngozi
Okonjo-Iweala, on Monday said
Nigeria needs about $5 billion to
stabilise the economy.
She made the assertion at a closed door
meeting with Senate Joint Committee
on Finance and National Planning.
The Minister who was in company of
the Central Bank Governor, Godwin
Emefele; the Director of Budget, Dr.
Bright Okongwu; GMD NNPC, Dr.
Joseph Thiama Dawha, to brief Senate
committee on perimeters guiding the
operation of the 2015 budget in line
with the 2015-2017 Medium Term
Expenditure Framework and Fiscal
Strategy Paper, said Nigeria is not
broke.
“We have calculated that in order to
help us regain this stability, we need a
minimum of about $5 billion and
anything about that is good. The IMF
actually calculated $6.3 billion to be
maintained in that account.
“It helps to cushion our exchange rate,
so if we go and withdraw it abruptly
beyond that amount it causes a
problem and you know we went down
to $2 billion last year and then we built
it up to $9 billion and there was
insistence we must share, it came down
to $2 and then we had at least built it
back to $5. Right now we are at $4.1
billion,” she noted
The Minister further added: “If we had
built it to a stable cushion then
anything above that we could now use
to augment and that is the reason why
we have not seen that, we have to
balance out everything and I think
Nigerians care so much about exchange
rate. If you have abrupt changes, that
will also affect the psychology of
Nigerians, inflation and all that.”
She said every country faces a certain
amount of risks and uncertainty at
different times, so it is how one
manages it that is a problem.
“Are we prepared with a list of
measures that can help us manage any
of these outcomes, have we thought
through the various scenarios to say if
anything happens, here are the things
to recommend? If we have those
scenarios and manage those things,
then we will be able to manage the
economy,” stated.
She, however, admitted that though the
economic situation is hard, Nigeria can
still manage the situation.
“Yes, at the present time, we are
reasonably stable compared with other
countries but if those risks materialise,
we need to have action in order to keep
the economy stable,” she reiterated.
On the insinuations in some quarters
that Nigeria is broke, the Coordinating
Minister described them as false,
saying they were absolutely not correct
since the country has sufficient assets
to cushion the effect of the harsh
economic realities.
“However, that does not mean that we
cannot have some cash flow
fluctuations, we just have to manage it
because we have an economy that is
reasonably self-sufficient. We are able
to manage ourselves well and if
everybody is willing to do a few things,
we should be able to get there,” she
noted.
On the adoption of $78 pb benchmark
for 2015 budget, she simply asked, “Is
the present budget likely going to be
tenable or a workable budget?
“My belief is, no matter what is settled
on at this point in time, what is
pleasing and brings us all together is
the realisation that what we were trying
to say a few years ago has happened
and it is happening in front of us and
all of us need to come together to find
a solution.
“Whatever the decision will be, even if
we agree on another benchmark, we
still need measures to be in place
because we have no idea whether it is
going to go.
“So I think we need to prepare
ourselves in two or three scenarios and
we can share some of the scenarios that
we have been thinking about that will
guide our development of those
contingency measures.
“I think that the excess crude account
was built to be able to cushion us at
times like this, when we have some
kind of difficulties and I think it played
that role to perfection during the crises
of 2008, when oil fell to 38 to 40
dollars per barrel, even worse than
what we have now. At that time, we
still had saved up quite a lot of money
as such we were able to draw at least
for a quite a few months to carry the
economy, “she stated.
She appealed to the Senate committee
to assist the Executive Arm overcome
some of the challenges it was going
through in the course of balancing the
hard economic situation the country
finds itself.
“So we need the help of the National
Assembly, we cannot do it without you.
If we get together we can take care of
some of these issues so that it might
result in immediate upfront cost .”
Daily Independent source revealed
that the Senate joint committee at the
end of the closed door meeting
accepted the proposed $78pb
benchmark for the 2015 budget.
The Chairman, Senate Committee on
Finance, Senator Ahmed Markafi, who
declined to comment on the outcome
of the meeting in a telephone interview
simply said Senate would be briefed on
the outcome of the meeting at plenary
at an appropriate time.
Meanwhile, the House of
Representatives has declared that the
Nigerian economy is under financial
siege following the inability of the
Executive Arm of Government to
implement the National Budget as
passed by the parliament.
The lower parliament has also
indicated that the Service-Wide-Vote
being unilaterally managed by the
Executive will soon be scrapped
through the instrumentality of law.
Chairman, House Committee on Public
Accounts, Solomon Adeola, who made
the disclosure in an interview with
House of Representatives
Correspondents said further that the
parliament had resolved to summon the
Minister of Finance and the
Coordinating Minister of the Economy,
Mrs. Ngozi Okonjo-Iweala, and
Director General of the Budget Office,
Bright Okogwu, to find solutions to the
problems bedeviling the economy.

3 Likes

Sports / Re: Ex-nigeria Coach Stephen Keshi Vows He Can Win Nations Cup With Ghana by hayzed2: 9:06am On Oct 28, 2014
Sports / Ex-nigeria Coach Stephen Keshi Vows He Can Win Nations Cup With Ghana by hayzed2: 9:05am On Oct 28, 2014
Ex-Nigeria coach Stephen Keshi has vowed to win
next year’s Africa Cup of Nations with the Black
Stars despite been ruled out of the coaching job.
Keshi has expressed his ‘dream’ desire to manage the
Black Stars after he left his post with the Super
Eagles.
The interest of the 52-year-old however appears to
have been dashed after the Ghana FA concluded
interviews for short-listed applicants.
But in the midst of the growing impossibility of
coaching the African side, he has revealed his
ambitions of winning the elusive title with the Black
Stars.
“Of course if I get the chance to coach the team, the
target will be the Africa Cup of Nations, he said
“The country has not won the title in a long time and I
know Ghanaians are desirous of winning the cup.
“But like I said, we have to look at getting the job
first. I want to coach the team if the opportunity is
there.”
The ex-Mali coach guided Nigeria to win the 2013
Africa Cup of Nations held in South Africa.
Politics / Re: Mark Weeps As Constituents Purchase Nomination Form For Him by hayzed2: 8:59am On Oct 28, 2014
Politics / Mark Weeps As Constituents Purchase Nomination Form For Him by hayzed2: 8:58am On Oct 28, 2014
Senate President, David Mark, reportedly broke down in
tears on Monday as he accepted the 2015 Peoples
Democratic Party nomination form from his constituents in
the Benue South Senatorial District, to return to the Senate
next year.
A statement by Mark’s Special Adviser on Media and
Publicity, Mr. Kolawole Ologbondiyan, in Abuja, explained
that the nine local government council chairmen in Benue
South Senatorial zone purchased the party nomination form
in Makurdi.
The statement added that the people said they want Mark to
return to the Senate unchallenged.
Ologbondiyan said, while accepting the nomination form at
a crowded gathering in his Otukpo country home on
Monday, Mark promised not to depart from the path of
honour, justice and equity in the service to his country men
and women.
He said, “This is the covenant with my people. This
endorsement speaks volume of the immeasurable
responsibility on my shoulder by my people. Please pray for
me that God gives me the grace, wisdom and courage to
continue to serve to the glory of God and benefit to
humanity.”
In his remarks, the Deputy Governor of Benue State, Chief
Steve Lawani, said the endorsement of the Senate President
was a confirmation of the position of the state government
because of Mark’s unprecedented achievement in the
Senate.
Food / Re: Nigeria Sues Coca-Cola For Shunning The Consumer Protection Council by hayzed2: 8:31am On Oct 28, 2014
johnstar:
k

Sell this space for me now, if you want Coca-Cola bottling Company should be shut down... Click on like and if you don't!!! Click on share
Sports / Re: Kelecho Iheanacho ,Uche,Martins Others Invited To Play For Nigeria, In The Afric by hayzed2: 1:18pm On Oct 25, 2014
This is unconfirmed, wait till the real list is been published
Sports / Re: Nigeria Vs Cameroon: AWC Final (2 - 0) On 25th October 2014 by hayzed2: 1:07pm On Oct 25, 2014
Make jonathan no go call asisat again oo ,this time around because him call na badluck
Sports / Re: Omeruo And Oboabona Are Amateurs - Taribo West by hayzed2: 6:42pm On Oct 21, 2014
xtervaganza:
son of a b1tch grin

fool, go and tell ur dad that ur mum is a bitch... Idiot
Sports / Re: Omeruo And Oboabona Are Amateurs - Taribo West by hayzed2: 7:21pm On Oct 20, 2014
azaino:


Criticism is never a bad thing, critics brings the best in any player, taribo was not just criticizing the defenders, he was saying the whole truth, almost all Nigerians have seen it. So, Taribo voicing out what is already vivid is a nice move

How would this change the motive of the player, when he is not a nairalander smiley
Sports / Re: Omeruo And Oboabona Are Amateurs - Taribo West by hayzed2: 7:20pm On Oct 20, 2014
xtervaganza:
calm down, kid. You're wetting your panties




And did u just mention messi? Yeah you're exactly what he called Wellington



You're a son of a b1tch



Fool, I don't have your time
Celebrities / Re: Davido Chilling With T.i In London(pics) by hayzed2: 5:43am On Oct 20, 2014
marieolae:
Nice. But nigerian artists don't seem to understand that working with foreign musicians is not everything. After they get a lil spotlight from d international world they seem to loose it completely. Eg dbanj, wizkid

When i started reading ur post ,i thought you are a brave guy but when i saw those example including dbanj, i see you have no clue.
Sports / Re: Omeruo And Oboabona Are Amateurs - Taribo West by hayzed2: 5:37am On Oct 20, 2014
xtervaganza:
we were comparing achievements from national team......read from the beginning and stop hopping like a castrated chimpazee

So whats all ur crying all about now, digressing from the main topic shows how immature you are, only someone with a brain tumor like you ,will be asked; Is messi a barcelona player And you will answer the question like a fool that ; (1) Messi would have been an arsenal player if arsene wenger have made a good decision 12years ago or u may say ; (2) ronaldo is better than neymar. Tell me how does the respond answer the main question, useless guy with useless opinion.
Sports / Re: Omeruo And Oboabona Are Amateurs - Taribo West by hayzed2: 8:49pm On Oct 19, 2014
xtervaganza:
playing in the best league week in week out with the very best football has to offer. Big achievement if you ask me




And don't mention trophies, Victor Valdés has achieved more than Oliver Kahn, is he better than Kahn?


This shows that you know nothing but little about football, No viable judgement from you so far.
Sports / Re: Omeruo And Oboabona Are Amateurs - Taribo West by hayzed2: 8:45pm On Oct 19, 2014
sociable:
Taribo is experienced and had the right to say what he feels about those who are playing the side he has onece played.
He is a legend.
Does winning the nation's cup give them the right to relax now?...... They are suppose to be getting better!

My Opinion though.

Nice one, but can you identify 3 nigeria defender that is in good form for now?

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