Ibime's Posts
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Gorilla |
ow11:Spot on. . . .however, a lot of Okrika villages are made up fully or partly by subsequent Igbo migration as ama-diva rightly pointed out. . . |
One should not be surprised that illiteracy is so rampant in the North. They say educate a woman and you educate a nation. Since Northern woman are habitually given away at young age to be secluded in purdah, its no surprise that most of em missed out on their education. . . . hence the North remains backward. |
All this for B movie? 50 is going all in!!! |
MRbrownJAY:Phuck all that. . . . aw did you manage to be rubbing up so close on Alicia Keys!!! ![]() |
We will see. . . . all I would say is never underestimate the North, at the same time, never underestimate the power of incumbency. . . . |
nateevs:Good deal. . . . Di Santo needs to leave England to get his mind right. . . hopefully he can toe the line of Miroslav Stoch and make a success of it. . . . I still believe in his ability to become a decent squad player for Chelsea at the very least. . . . |
Genuflect:Nice one. . . . enjoying the first track ATM. . . |
tkb. . . . why not open a brand new thread so those who do not visit this thread can participate? |
It doesnt matter if oil stays at $70 throughout the year sef. . . . production targets are unrealistic for one. . . secondly, at $70/barell, we hardly put anything away into the ECA to ensure future stability. . . thirdly, we should not try to second guess the oil market over a period as long as one year. . . oil is a hot money commodity with a lot of short term volatility. . . for budgeting purposes, it is always best to go with conservative estimates. |
Still waiting for Paddylo. . . ![]() |
Where is Paddylo . . . . he knows what Im talking about! ![]() |
http://www.businessdayonline.com/index.php?option=com_content&view=article&id=11337:fg-to-revise-2010-budget-assumptions&catid=1:latest-news&Itemid=18 [center][size=16pt]FG to revise 2010 budget assumptions [/size] [/center] Less than two months after the N4.6 trillion 2010 budget was signed into law, distortions in its fundamentals may prompt a review of the budget's assumptions with oil price benchmark and exchange rate of the naira to the dollar likely to be reduced. A revisit of the 2010 budget had become imperative even as the three tiers of government again drew down another N339.627 billion from the excess crude account in order to make up the sum of N749.883 billion distributed to the three tiers of government at yesterday's meeting of the Federation Accounts Allocation Committee (FAAC). The remaining N410.256 billion came from the Federation Account of which about N362.492 billion was the statutory revenue available for distribution for the month while N48 billion was pulled from the Value-Added Tax (VAT). The monthly ritual of drawing from the excess crude account has left the fund which just three years ago stood at $20 billion to almost zero. FAAC "is going on with negotiations and discussions on how to re-jig the budget in such a way that a more realistic revenue profile is established," Remi Babalola, minister of state for finance, said after the committee's meeting in Abuja. Expressing government's deep concern on the distortions on the 2010 budget and the depletion of the excess crude account, he noted that the present situation needed the adoption of what he called the "Doctrine of economic pragmatism" to handle. "Discussions would focus on the downward movement of the oil benchmark price and the exchange rate to the dollar," the minister said. The 2010 budget currently assumes an oil price of $67 per barrel and an exchange rate N150 to one U.S. dollar. But with world oil prices hovering at around $70 a barrel, Nigeria is currently not seeing much in the way of windfall savings entering the account. Babalola had warned 10 days ago that Nigeria's expansionary spending plans were unsustainable and would drain the country's windfall oil savings if not controlled. President Goodluck Jonathan last month signed into law a 4.6 trillion naira ($31 billion) budget, increasing planned expenditure by around 50 percent from last year and risking saddling the economy with a deficit of more than five percent. |
nateevs:I would have thought this nucca stole ya wife the way you attacked the dude. . . .Im sure Florentino Perez made these same arguments about Makelele when he refused to give him new contract. . . Masch is no Xabi Alonso, but hes one of the best at what he does, which is win the ball back aggressively and recycle possession to his closest teammate. . . . someone like Masch gives me confidence that Terry would not be exposed so often. . . Toure, definitely. . . . as for Javi Martinez, Id rather buy him for a CM position than DM cos of his unique acceleration to run beyond midfield. . . . |
People always see what they wanna see. Some other guys were hailing this as an endorsement of Sanusi's reform, whilst others claim a subliminal inference, whether real or perceived. I am of the belief that no CBN Governor talks excessively about bad banks except to correct persistent lies about the health of such banks and his ulterior motive for intervening in them. For those claiming this as an anti-SLS briefing, it is ironic that Aganga has now confirmed that indeed we do have troubled banks, and hopefully we can put the matter of the bad banks to rest, and focus on the positive ones. |
Carrick is suffering a public loss of confidence. . . .he has not recovered from what Xavi and Iniesta did to him in UCL final. . . . we have seen the same thing with Paulo Ferreira at Chelsea where he was never the same again after Ronaldinho disgraced him in 2006! ![]() Or perhaps Carrick just had one good year in 07/08, and is now revealing his true colours. . . ![]() |
Essien would not be the first guy from polygamous family, neither would he be the first from a broken home. As the old man has said, even after the break-up, he was still hustling to get Essien scholarship for school. The old man would not complain if he was eating properly. He would have no reason to complain. Essien need to settle the guy sharpish so the old man can enjoy his last days. |
Mascherano or Toure would be perfect replacement for Mikel. . . . we need a fast DM. . . Benayoun quite old already but £6m is not a big risk. . . . would prefer to see younger versions like Banega or Borja Valero. |
dayokanu:GBAM. . . . OBJ's comment alone about "Nigerians never wanted light, water and good roads" is an indictment of his tenure. Legalised lawlessness epitomised OBJ tenure with no better example than the way he gave Adedibu free rein to terrorise Oyo State. |
"In 1999, Nigeria was not looking for a president that will build roads, fix power or provide water; Nigeria was looking for a president that will hold Nigerians together." - Olusegun Obasanjo |
Dangote cant afford to take over Arsenal outright. . . . he is just buying the shares cos Arsenal shares are very well performing. . . inevitably Kroenke and Usmanov will fight over the controlling stake, putting upward pressure on the shareprice, and landing Dangote a decent return. . . . |
If Adedibu was still around, all this nonsense would not be happening. ![]() |
Abagworo:There is no dearth of good contractors in Rivers State. . . . we remember that Odili specialised in giving the juiciest contract to non-indigenes such as Ikhide Arumemi, who also did not produce. . . recently, Amaechi's been giving contracts to young fellas without much experience. . . . there are many time-tested contractors in Rivers State if he will look outside his own circle. . . . also speaking from experience of associates, the state very often doesnt pay advance on contracts on time, so why is Amaechi complaining that contracts are off-schedule. . . I know someone who did contract in 2008 who is yet to be paid a penny. . . |
This Uduaghan must be denser than MEND painted him out to be. You nearly twisted yourself out of all human form to prevent his Presidency, yet you expect favours from the guy. Whilst Uduaghan is complaining that South-South is being marginalised, the North meanwhile is telling us that 10 out of 20 new ministers are from South South. . . . which one of them is correct?. . . . stupid people and their politics of tribe. . . |
You this foolish woman. Because you spend most of your time in tribalism section, you expect everyone to follow suit? |
Sharrap dia Amaechi!!! While you dey share contract amongst your boys, why dem no go fail you? Even some well known incompetent lowlifes for London here don reach Rivers State collect contract from your hand with no experience of delivery. Besides, what of the contractors wey una never pay? I hope this is not a smokescreen to dazzle the Rivers populace. . . |
[quote author=~Bluetooth link=topic=450527.msg6083206#msg6083206 date=1274655447]he was stricter than any of the dictators.his strong stance on social ills are commendable but highly undemocratic.he sentenced people to death for drug trafficking and corruption was at it lowest but that did not translate to betterment of the lives of the citizens.[/quote]How would that not translate to betterment?. . . how many years was Buhari in power sef before you can judge whether living standards are improving? |
@ Ako, Leave that ting abeg. It is perfectly natural to question the longevity of a 30 year old signing. . . . It is the height of intellectual lethargy to grandstand over Milito’s success, when I never questioned his ability to succeed, rather his mileage as a 30 year old. . |
dayokanu:What?!!! What happened? |
From what my elders tell me, Buhari was better than OBJ. Im sure the first generation guys were also better. Infact, OBJ was one of the worst. I remember that even under IBB, my state Governor, Governor Adeleye (Rivers State) was sacked for inflating his budget by common N100,000. . . . am not saying IBB is better, but lets not lose sight that we are living in the most corrupt times in Nigeria presently. |
Sharrap Alamiesiagha! Who dash a brute like you Vice President? Someobody whos been behaving like a tout in PH all these years before he became Governor. You cannot turn a pigs ear into a silk purse. |
Igbo states are lagging behind in infrastructure - an effect of long and premeditated neglect of the area by the FG. You cannot expect an Igbo state to boast the same kind of Infrastructure as Lagos, PH and Abuja who have received more than their fair share of Federal funding. . . . on any other level, Igbo states are comparable to all other states we have in Naija. |
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