₦airaland Forum

Sanchez01:
And how come no one is going to Otuoke, the home of the former President of Nigeria who was disgraced by Nigerians who desperately wanted a new government and widely acclaimed 'humble president' of all presidents to lobby for appointments

LOL see painment

Wait ooo
No be tinubu get mouth for this govt

LOL d hediot just dey loose anyhow for Abuja scrabble game (politics)
He will soon revealed all those that stole money
Fashola is on already
Saraki and dogara can nw rest

seunmsg:
No wonder Tambuwal supported Dogara against Femi. He wants to be deciding who get what committee chairmanship from Sokoto. The influence he knew he couldn't wield over Femi. Dogara must be such a weakling.

Beta Dan d version femi would be
The bourdillion factor

And to lalatisclala and other mods

Lol

More

This is a no holds barred twitfight

Hmmm

Buhari needs to probe Nigerians mouth Too harsh

Lol
Wen I tell my pple say for this govt
Dem go jonze us ehn we go dey give motivational talk on jonxing


Dem say tinubu sabi politics

TheDauraMallam:
I don't believe this!

Coming from a supposed man of [his] god.

And yet, Nigerians will see nothing wrong with this. A country raised with the bandwagon mentality.

Open your goddamn eyes, people. This man is a con artist.

Bill Gates is an atheist but the WORLD benefits more than from these con artists who promise you your own wealth in heaven, yet they ride on private jets.

Can't you see how stupid it sounds?

. Gullibility at its peak

Poverty is a sign of worshiping God
Right

Okijajuju1:
We know..


Bill Gates is a Business man that makes money from inventing things that go on to change the world and make meaning impact in people's lives and businesses and his Profit are subject to heavy taxation and other liability insurances and employee benefits.


Adeboyes money is gotten from telling People the same old story every Sunday about a place he has never been to called Heaven and by by telling them to give him a compulsory 10% of their earnings as he is running a collection agency on behalf of God whilst still taking a supposedly voluntary offering amongst many other forms of extortion like building offering, pledges, seed faith, e.t.c. His workers don't get paid as such like the Ushers, choristers, church workers etcetera.. His earnings don't get taxed nor levied by the government either.e holds no insurances for his employees nor his building. He makes money from preying on the spiritual weaknesses and vulnerability of Africans and co..


So yeah.. Adeboye may just be richer than Bill.

Bill Gates invents
Adeboye pray so as to make people able to get what bill invent

Idrismusty97:
Yes you have everything you need thanks to the ever increasing gullible people in Nigeria and Africa. But Bill Gate is different, He doesn't make his money by preying on the gullibility of people. He doesn't need any donations or offerings or tithes, he sell his ideas!

He sell God's grace
And economy or market situations doesn't affect his purse

That of bill I don't know

OrlandoOwoh:
Rubbish! Was it Buhari or Jonathan that appointed her an INEC commissioner is the first place? When did it become a crime, for example, that a civil servant for many years cannot be a permanent secretary because his relation is a serving governor or president?

I know retards lyk will show up
Was she d most senior

philips70:
No one has been spared by SR. They are not like you guys who defend criminals that rob and rape your parents only because they are from your communities. You are wretched and poorly educated today because of the same people you spend all your life online defending daily. Quit being a FOOL, grow some sense, its not that expensive.

LOL see frustration
I guess this is what's plaguing ur generation
One of ur useless change agent in aregbe is the one nt paying my parents Salaries

Nw should I defend ur propaganda loving party lyk u nd ur Co retards do

Humblebloke:
No wonder they call them wailing wailers.......





If this is true.......which is certainly not.......


This is some form of change compared to the ones stealing billions of naira

D day sense was distributed
U are not around

jomoh:
A very flawed exhibit.



Anybody could use any name for lodgement.



Judge please strike it out already

LOL
Na PDP con pay am abi

Make d rec explain nw

JudgeWilson:
Lies from the pit of hell. PDP propaganda machine don start again ooo ooo as Baba Fela sing am. We are not buying dis one lai lai

I smell irony


Where is Dss oooo

[quote author=upsonn post=36690958][/quote]Na u go give verdict?

Tell bubu to tell efcc to invite him and see hw kasala go burst

philips70:
They won't see this. Am happy with this post and all the SR bashing. They have retagged them an arm of APC. When it's convenient for them they will quote SR's negative report on Buhari and if you dare spot it to them, they will tell you SR is now against him because he and Tinubu are having some imaginary issues. Few weeks ago they were all vomiting se.men when SR described the president as a snail and it was as if SR was the best thing that happened to their lives, today they are demons and the media arm of APC. SR is very much alive and will churn out another negative report on the president, am waiting on the sidelines for the HYPOCRITES, the same ones who have called him all the despicable names in this world all over the internet.

KUDOS TO SR FOR KEEPING THESE LOOTERS CALLED LEADERS ON THEIR TOES. THIS IS JUST AN "INSULT", THEIR DEEDS HAVE SENT MANY TO THEIR EARLY GRAVES WHILE MILLIONS CONTINUE TO LIVE IN ABJECT POVERTY.

Looters like tınubu,aregbe,Rochas, fashola?


Lol a Dullardist won't easily cease to be one

Damjoy:
While you and everyone who eats from such money will Rot in hell... Odoyo

Iol
Beta do humanity a favor by drowning insyd lagoon

oduastates:
Sorry I have not seen any skill to suggest that the man is employable.

But can feed ur generation
Both the dead, alive and yet unborns

Essential:
This how u deceive gej that he will win but at the he lost woefully.

Same way u fool useful Dat jagaban who play ludo politics in Lagos can go head to head with atiku, saraki nd Co in scrabble Abuja politics
But was nt only castrated he was rewarded with crumbs just because he's shedding a lot of tears thanks to dogara charity like attitude

Sigoal:
I don't believe that this is real until I tried it by myself and it work for me.
How to get free 325mb from Mtn Nigeria.
Tweak below imei
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New or old sim

neurologist:
stop making fool of yourself...u have lost the respect I have for you for the past few weeks.. I think u nid to go on a break

Like ur respect will put food on barcanista table

Mcheeew

modath:
Just knew Barcanista was gonna wail about this too..

He performs on cue.

Barcanista, its not the 199.5 that is the problem, ( we all know that is a product of your hero & PDP's 16yrs molestation of the nation's commonwealth) it is the speculative marketers, hoarders & round trippers that drove the parallel end to almost 250 that are the problem, but trust you to highlight the negative...

How you get anything done beyond this write ups beg the question " you nor dey tire" ?

Another dullard with their theme song



PDP 16yrs of this
PDP 16 yrs of that

Mynd44:
To answer these questions, the OP needs to put in the post above what led to the Naira depreciating from 154/156 in November2014 to 196 in December 2014 first.

When you do that, we can then start to track the primary factors and how we can tackle the strength of the Naira viz-a-viz the price of goods in the market.

To take this issue from the events of May 2015 is just you attempting to put squares pegs in round holes.

lol
Wen Buhari took over in fact during campaign it was 200+
Buahri was not expected to tackle 154/dollar

PSG is about to add Di Maria to their squad and this made PSG captain to say "Di Maria is joining a bigger club" and was replied thus

Hopefully d Dullardists will grab this


Won't be surprise if they don't
Their dullardness is in HD

By Tolu Ogunlesi
Did the government of Nigeria’s former president, Goodluck Jonathan, leave the newly elected administration facing a 7 trillion naira (USD$35 billion) deficit in 2015?
Nigeria’s newspapers were awash with headlines such as “Jonathan left N7 trillion deficit, says Joda” a few weeks ago. This followed an interview by the Daily Trust with the chairman of Nigeria’s Transition Committee, Ahmed Joda. This committee was set up to ensure a smooth handover from one administration to the next.
Mr. Joda was quoted as saying: “We were told at the beginning of the exercise that the government was in deficit of at least N1.3 trillion and by the end people were talking about N7 trillion; everything is in a state of collapse.”
Is there evidence for this? Could Jonathan’s government have left Nigeria with a deficit this year worth nearly 150% of the country’s 2014 budget?
Deficit or debt?
Confusion about the terms “deficit” and “debt” is common. A 2012 study in the United Kingdom found that most Britons did not understand the difference between debt and deficit and, in 2014 US fact-checking website PolitiFact found similar levels of confusion in that country.
So what’s the difference? Essentially it’s a matter of timing. A deficit is annual, and occurs when a government’s expenditure exceeds its revenues in any given year. Debt is long-term buildups year on year when governments run multiple deficits, and is the total sum of monies owed.
How big is Nigeria’s debt?
According to Nigeria’s Debt Management Office, the country’s total debt – foreign and domestic debt owed by the Federal Government and all the 36 states – was N12.062 trillion ($63.7 billion) at the end of the first quarter of 2015. At the end of 2014, it had stood at N11.2 trillion.
At a press conference on May 23, a few days before her tenure as finance minister ended, Ngozi Okonjo-Iweala said Nigeria owed $63.7 billion in debt, but only $21.8 billion was incurred while Goodluck Jonathan was president between May 2010 and May 2015.
Nigeria has a National Debt Management Framework that sets a self-imposed limit that debt should not exceed 25% of GDP. Debt relief brought the ratio down from 28.6% in 2006 to 11.8% in 2007, rising to 19% by 2013 until the 2014 rebasing of Nigeria’s GDP brought it down to 11%.



What deficit did the last government say Nigeria would have in 2015?
The deficit anticipated for 2015, as set out in the budget passed by the National Assembly in May, is N1.075 trillion. This amounts to about a quarter of the total budget of N4.493 trillion, and 1.12% of Nigeria’s current GDP. This is below the 1.24% projection in the 2014 budget.
In her speech presenting the 2015 budget to the public in December 2014, Mrs. Okonjo-Iweala noted that the “deficit is well under the 3% of GDP encapsulated in the Fiscal Responsibility Act, 2007, which is also the international norm”.
A development economist who teaches at the Lagos Business School, Bongo Adi, told Africa Check: “Running a balanced budget is not always a good thing; there is a permissible level of deficit that governments are allowed to run.”
Could the actual deficit be bigger than the last government admitted?
Africa Check was shown relevant sections of an as-yet-unpublished report by Joda’s Transition Committee, which has also been published in part in other newspapers.
In it the committee claimed that, apart from the approximately N1 trillion deficit officially anticipated for 2015, an additional N3 trillion may be required during the course of this year to offset obligations incurred since the beginning of 2015, but not budgeted for by the previous government.
These would include arrears of salaries for federal and state government workers, a fuel subsidy bill, monies owed contractors, the national oil company’s “Joint Venture” contribution to oil exploration expenses, and funding for a “Marshall Plan” for the insurgency-hit northeast. However the report also emphasised the sums that make up the N3 trillion claim are merely estimates, requiring verification.
In the sections shown to Africa Check the committee also said that it is unsure about the actual age of the contractor debts, which leaves open the possibility that part or all of it may already have been captured in the total public debt figure as captured by the Debt Management Office.
Conclusion: Claim that Jonathan left Nigeria with a N7 trillion deficit for 2015 does not add up.
The deficit anticipated for 2015 in the budget passed by parliament in May is N1.075 trillion, not N7 trillion.
Even if we were to assume that the entire additional N3 trillion deficit which the Joda committee anticipated occurs – and that is currently conjecture – it would leave the deficit for the year at N4 trillion, not N7 trillion.
In summary, which ever figure proves right, the claim of a N7 trillion deficit in 2015 does not add up.







http://www.premiumtimesng.com/news/headlines/187797-fact-check-claim-that-jonathan-left-n7-trillion-deficit-does-not-add-up.html


Cc lalatisclala

kliq:
Cheif E-Wailer how market na

Have it in mind that you have 7more years 10months left to wail...so do it sorfily sorfily so your wailing reservoir doesn't run dry

Wail-off


God bless Nigeria!

Dullardist on prowl

firstEVA:

Alright
See ya lerra

firstEVA:
Sharrrap

Lol
He pain am