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PoliticsRe: Buhari Has No Solution To Economic Crisis - APC Chieftain by Ibunma(op): 9:52pm On Sep 01, 2016
Nowadays, it is 1000 bad news against 0.1 good news per day grin

Lalasticlala where at thou

I am enjoying every bit of bad news under this dullard of Daura cheesy
PoliticsBuhari Has No Solution To Economic Crisis - APC Chieftain by Ibunma(op): 9:48pm On Sep 01, 2016
– A former APC governorship aspirant in Benue state, Nath Apir, says the Buhari led government has failed to do the needful to sustain the level of economic growth recorded by the previous administration

– Says Nigeria is in shambles, adding that the people can hardly feed and that the naira has crashed to over N400 to the dollar

– Apir casts doubts on President Buhari’s ability to proffer solution to the economic crisis.

Apir says President Buhari cannot assemble a group of yes sir people and expect good results because there is no one to challenge him.
A former All Progressives Congress (APC) governorship aspirant in Benue state, Nath Apir, says Nigerians are currently regretting voting for President Muhammadu Buhari at the last general elections.

Apir, reacting to the declaration by the National Bureau of Statistics (NBS) that the nation’s economy has gone into recession, lamented that the APC led government had failed to do the needful to sustain the level of economic growth recorded by the Goodluck Jonathan-led administration.

Vanguard reports that the social critic who spoke on Thursday, September 1, in Makurdi said the Nigerian economy was performing above average during the last administration.
He said it took the President Buhari-led administration six months to appoint ministers in a country which was rated by the World Bank and the IMF as Africa’s largest and number one economy.

He complained that Nigeria is in shambles, adding that the people can hardly feed and that the naira has crashed to over N400 to the dollar.
He said the administration talks of recovering money from looters but Nigerians have not seen where the revered monies have gone to.

He said: “He has just aggravated our economic situation in the country. Six months no Minister and the country was drifting and has not recovered till today and he has brought us to this level. Nigerians are regretting voting Buhari, that is the truth.
“All his policies had been anti corruption, by the time he came in as military ruler in 1983 we resorted to the purchasing of essential commodities. We are back to that vicious circle. We are back to anti corruption war without real economic policies.”

Apir said Buhari has no solution to the economic crisis, noting that the experience of the finance minister is low.
He said the president cannot assemble a group of yes sir people and expect good results because there is no one to challenge him.

Meanwhile, the APC has reacted to attacks by the opposition party, claiming that the Peoples Democratic Party (PDP) is to be blamed for Nigeria’s recession.
APC on Thursday, September 1, launched an acerbic counter-attack on the opposition PDP, accusing the party and Nigeria’s past presidents produced under its platform of bringing the current economic recession upon the nation.
The ruling party said the 16 years misrule of the PDP plunged Nigeria into the current economic chaos.

https://www.naij.com/952835-economic-recession-apc-chieftain-praises-gej-slams-buhari.html?f&poster=28383

TravelRe: First Nation Airlines Suspends Operations by Ibunma(op): 5:47pm On Sep 01, 2016
These are some of their phantom promises, but lo & behold, reverse is now the case

TravelRe: First Nation Airlines Suspends Operations by Ibunma(op): 5:37pm On Sep 01, 2016
Everything under the dullard of Daura is winding up
TravelFirst Nation Airlines Suspends Operations by Ibunma(op): 5:35pm On Sep 01, 2016
Barely 24 hours after Aero Contractors Airlines announced suspension of its operations, another domestic carrier, First Nation Airlines, has followed suit, suspending its operations.
The Nigerian Civil Aviation Authority (NCAA) made this known on Thursday.

Aero Contractors Airlines, Nigeria’s second largest commercial carrier, announced an indefinite suspension of its scheduled flight services and its staff with effect from Thursday, September 1, 2016.
The Director-General of the NCAA, Capt. Muhtar Usman, explained that the decision was taken in order to ensure that the airline carried out the required maintenance of its aircraft.

Usman, however, refuted claims that some of the domestic airlines were winding down their operations regardless of the fact that they had suspended flight services.
A statement signed by NCAA’s DG said: “The First Nation Airlines on its part is in the middle of an Engine Replacement Programme for one of its aircrafts. Another aircraft is due for mandatory maintenance as allowed by the regulatory authority.
“In these circumstances, these airlines clearly cannot continue to undertake schedule operations, hence the inevitable recourse to self regulatory suspension.”

Usman insisted that the domestic carriers had not wound down their operations, but were “merely suspending their operations temporarily to enable them undertake certain operational overhaul and strengthen their overall operational outlay.”
http://www.vanguardngr.com/2016/09/breaking-another-airline-first-nation-suspends-operations/

PoliticsRe: Man Leaves Suicide Note For Buhari, Then Hangs Himself - Vanguard by Ibunma(op): 5:24pm On Sep 01, 2016
HungerBad, NgeneUkwune, and other deluded zombies, come and see the wonders your "lord" is performing

PoliticsRe: Man Leaves Suicide Note For Buhari, Then Hangs Himself - Vanguard by Ibunma(op):
Buhari, the number of innocent blood that has been wasted because of you from 1983, 2011 and till date will continue to fight you.

You and your generation yet unborn shall not know peace!
PoliticsMan Leaves Suicide Note For Buhari, Then Hangs Himself - Vanguard by Ibunma(op): 5:13pm On Sep 01, 2016
BY: Chioma Onuegbu, Uyo

RESIDENTS of Mbiabong Itam in Itu Local Government Area of Akwa Ibom State woke up to a shocking sight of a 50-year-old man identified as Chief Ekanem Edet dangling on a suspended robe from the roof of his house.

It was learned that Ekanem Edet, former Secretary of the Mbiabong Village Council, popularly called ‘Jolly Boy’, had been dead several hours earlier.
Edets’s wife and two sons, it was learned, had gone out early in the morning unaware that his remains hung loosely from the roof of his room.

Details later…
http://www.vanguardngr.com/2016/09/man-hangs-self-leaves-suicide-note-buhari/

PoliticsRe: Enugu Herdsmen Attack: CLO Accuses Buhari Of Sponsoring Killings by Ibunma(op): 3:49pm On Sep 01, 2016
Every reasonable Nigerians know this, only zombies will think otherwise
PoliticsEnugu Herdsmen Attack: CLO Accuses Buhari Of Sponsoring Killings by Ibunma(op): 3:48pm On Sep 01, 2016
*Vows to ensure prosecution of herdsman nabbed with AK-47 rifle

By Francis Igata

ENUGU
Piqued by the slaughter of 17 hapless natives of Enugu State in the past four months by rampaging Fulani herdsmen, the Civil Liberties Organization, CLO, yesterday, alleged that President Muhammad Buhari’s inaction on the killings suggests that he is behind the dastardly acts.

CLO said had a similar orgy befallen another country in Africa, Europe and other parts of the world, Buhari would have been the first to condemn the killings while he turns a blind eye on the endless killings of his fellow country men and women.

Continuing, CLO, also vowed to follow, inch-by-inch, the arrest last Monday, of one herdsman, Ibrahim Adamumale, 20, nabbed in Affa, Udi Local Government Area of Enugu State for allegedly being in possession of a sophisticated gun, an AK-47 rifle with 24 rounds of live ammunition.

CLO’s anger was against the backdrop of the arrest by operatives of the Inspector-General of Police, IGP’s Intelligence Response Team, IRT, on the alleged masterminds of April 25 Nimbo massacre of 13 natives, based on credible technical intelligence.
The suspects arrested in the Nimbo attack were: Mohammed Zurai, Ciroma Musa, Sale Adamu, Suleiman Laute, and Haruna Laute.
They lamented that the country has never been polarized along ethnic lines as it is now.

Member, CLO Board of Governors, Alhaji Danjuma Gambo said: ”We are wondering whether the president, who ran for office, four consecutive times never had an agenda for Nigeria.
With a little above one year in office, the country is now in a terrible mess where people can no longer sit down peacefully in their own ancestral homes.

“The development that a herdsman was arrested by Police last Monday is not the first. Exactly four months ago, the same Fulani herdsmen attacked Nimbo, killing about 13 persons. This is apart from burning of houses,raping of women and children and destruction of farmlands. The five suspects arrested in the Nimbo massacre made confessional statements to the killings in Nimbo. Will the investigation take eternity when the same police said the suspects have made confessional statements? The Inspector General of Police should account for the five suspects and tell us where they are four months after the investigation.

“Police in Enugu must tell us how the suspect got the sophisticated AK-47 rifle and also prosecute him to bring closure to these cases. Justice should be seen to be done. Buhari has never condemned herdsmen activities and his body language suggests that he sponsors their activities.”


http://www.vanguardngr.com/2016/09/enugu-herdsmen-attack-clo-accuses-buhari-sponsoring-killings/

Jobs/VacanciesRe: Is It You We Are Looking For?(ibadan) by Ibunma(f): 4:10pm On Aug 31, 2016
07089854096
RomanceRe: Guys Take A Look At This Fresh Toto, You Will Be Wowed by Ibunma(op): 9:33pm On Aug 29, 2016
Jarizod:
Am sure u expected everyone to be 'lol' about but guess what honey..


u failed!
E pain am grin

RomanceGuys Take A Look At This Fresh Toto, You Will Be Wowed by Ibunma(op): 9:17pm On Aug 29, 2016
Isn't this fresh grin

PoliticsRe: EU And ECOWAS Storms Nigeria, Set To Meet With Buhari Over Biafra Agitation. by Ibunma(f): 2:00pm On Aug 26, 2016
Biafra is here!
GEJ for President & Peter Obi for VP

BusinessRe: More Pressures On Naira, Depreciates To N410/ USD - Vanguard by Ibunma(op): 1:30pm On Aug 26, 2016
The most useless President ever liveth is in charge, so am not surprised.
BusinessMore Pressures On Naira, Depreciates To N410/ USD - Vanguard by Ibunma(op): 1:29pm On Aug 26, 2016
By Emeka Anaeto, Economy Editor

A fresh pressure has come on the Naira exchange rate with the local currency depreciating to N410/ USD1, a whopping N8 loss in the parallel market as apprehension continued over the banning of some banks from the interbank foreign exchange market. The currency also dipped further at the interbank market closing at N316.8/ USD1 as against N315.9 the previous day.

The currency had lost N5 and N10.4 to the USDollar in the parallel and interbank market segments respectively a day after the ban was ordered by the Central Bank of Nigeria, CBN.

Banks’ forex dealers, however, told
Vanguard that the renewed pressure on the Naira had more to do with scarcity than the ban placed on some banks.
But they also said that many dealers and buyers were speculating that the apex bank was showing some desperation in controlling access to foreign exchange and weakening its intervention with supply of foreign exchange to the market, a situation which drove negative sentiments in the market.

Parallel market dealers corroborated the scarcity concern when they told
Vanguard that though they do not have demand pressure, the supply was also not coming in as the banks have not been fulfilling the directives of the CBN to sell to Bureau de Changes, BDCs.

They explained that the initial moderation in rates last week when CBN gave the directive had given way to further apprehension when the banks refused to comply fully.
But amidst these, CBN was able to settle the USD152.48 million of Naira futures contracts it sold two months ago which matured yesterday at an exchange rate of N279/ USD1.

The apex bank also executed a fresh 12-month contract at N241/USD1 which is scheduled to mature on August 16, 2017.
Bank executives have been meeting with CBN officials to resolve the forex issue with some of them indicating that the suspension would soon be lifted.

One of the affected banks, United Bank for Africa Plc, has already been lifted while executives of other banks are still meeting with the apex bank and the Nigerian National Petroleum Corporation, NNPC, as at yesterday to secure a settlement on the issues involved.

The other affected banks are First Bank of Nigeria Plc, FCMB Plc, Diamond Bank Plc, Skye Bank Plc, Heritage Bank Limited, Keystone Bank Limited, Fidelity Bank Plc and Sterling Bank Plc.
The apex bank suspended the banks from forex transactions on Tuesday for failing to remit money they received from NNPC into the Treasury Single Account, TSA.

http://www.vanguardngr.com/2016/08/pressures-naira-depreciates-n410-usd/

Lalasticlala

TV/MoviesRe: Bauchi Revokes Certificate Of Occupancy Of DAAR Communications by Ibunma(f): 6:51pm On Aug 24, 2016
APC is evil
PoliticsRe: Fani-Kayode Blasts Kerry: "Your Statement To Sultan Is Garbage" by Ibunma(f): 9:21pm On Aug 23, 2016
May God bless FFK and deal with Buhari

BusinessRe: Naira Suffers Great Loss Against Dollar, Now N420 - Vanguard by Ibunma(op): 3:46pm On Aug 23, 2016
Dog Buhari your father
BusinessNaira Suffers Great Loss Against Dollar, Now N420 - Vanguard by Ibunma(op): 3:42pm On Aug 23, 2016
The Naira on Tuesday suffered further loss against the dollar at the parallel market as it lost one point to the U.S. currency, the News Agency of Nigeria (NAN) reports.

The naira exchanged at N425 to the dollar from N394 it posted on Monday, while it traded at N505 and N442 to the Pound Sterling and the Euro, respectively.
At the Bureau De Change (BDC) segment of the market, the currency closed at N425 at the trading, while to the Pound and Euro, it exchanged at N503 and N434, respectively.

However, it strengthened at the official interbank market as it exchanged at N356.55, from N387.13 posted on Monday.
Traders at the market expressed great regret over this trend, they however hope that the naira would rebound in the coming weeks as banks were ready to sell foreign exchange to BDCs in the coming weeks.

http://www.vanguardngr.com/2016/08/naira-suffers-loss-dollar/

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