₦airaland Forum

GoodSonOfGod:
Having enjoyed blissful growth over the past decade, Nigeria was one of the fastest growing economies in the world, but it is not one of the 15 fastest growing economies in Africa for 2016.

In 2014 and early 2015, Nigeria was named the third fastest growing economy in the world by CNNMoney, with China and Qatar, taking the lead at 7.3 percent, 7.1 percent gross domestic product (GDP) growth.

Following the 2015 election uncertainty, crash in crude oil price, and prolonged revelation of policy direction by the newly-inaugurated Muhammadu Buhari-led government, Nigeria’s GDP for 2015 crashed to 2.8 percent.

For 2016, however, the coast is cloudy, and Nigeria is nowhere near the fastest growing economies in Africa.

According to the International Monetary Funds (IMF) World Economic Outlook for 2016, as revised in April, the fastest growing economy in Africa for 2016 is Cote d’Ivoire and the slowest is Chad, which is expected to record negative growth.

Cote d’Ivoire is expected to experience an 8.5 percent rise in GDP, while Nigeria’s neighbour, Chad, would see a -0.4 percent growth.
Africa’s Fastest
Country Projected Growth Rank
Cote d’Ivore 8.5% 1
Tanzania 6.9% 2
Senegal 6.6% 3
Djibouti 6.5% 4
Rwanda 6.3% 5
Kenya 6.3% 6
Mozambique 6.0% 7
CAR 5.7% 8
Sierra Leone 5.3% 9
Uganda 5.3% 10
Source: IMF

Cote D’Ivoire (8.5%), Tanzania (6.9%), Senegal (6.6%), Djibouti (6.5%), Rwanda (6.3%), Kenya (6.0%), Mozambique (6.0%),

Central African Republic (5.7%), Sierra Leone (5.3%) Uganda (5.3%).

Madagascar, Zambia and Chad are expected to see a growth of 4.1 percent, 3.4 percent, 3.2 percent respectively.

The fastest growing economies in Africa by GDP growth rate, as projected by IMF for 2016, are: Cote D’Ivoire (8.5%), Tanzania (6.9%), Senegal (6.6%), Djibouti (6.5%), Rwanda (6.3%), Kenya (6.0%), Mozambique (6.0%), Central African Republic (5.7%), Sierra Leone (5.3%) and Uganda (5.3%).

DR Congo expects a GDP growth of 4.9 percent, Cameroon; 4.9 percent, Ethiopia; 4.5 percent, Ghana; 4.5 percent and Republic of Congo; 4.4 percent.

Madagascar, Zambia and Chad are expected to see a growth of 4.1 percent, 3.4 percent, 3.2 percent respectively.

Major oil exporters, Angola and Nigeria, hard hit by the slump in crude oil prices, are projected to see a growth 2.5 and 2.3 percent.

At 2.3 percent, Nigeria is expected to see its poorest GDP growth since the return of Democracy in 1999.

This development has become a point of concern for the IMF, and the World Economic Forum (WEF), which would be having its meeting on Africa later in May.

“It is important to recognize the challenges that many African economies face – the commodities slump, currency devaluations and geo-security risks all threaten growth,” WEF explained.

The Forum says its May meeting will highlight the need for diversification in order to ensure inclusive economic growth, tapping into the fourth industrial revolution’s potential to create new industries and help reduce inequality across the continent.

The World Economic Forum on Africa 2016 will take place in Kigali, Rwanda from 11-13 May.

https://www.thecable.ng/15-fastest-growing-economies-africa-nigeria-not-one?_e_pi_=7%2CPAGE_ID10%2C6920219177

masterpiece86:
– Some Nigerians in Diaspora have said that it is pertinent for the Senate President, Bukola Saraki to resign

– These Nigerians under the Nigerians in Diaspora Monitoring group (NDMG) gave the Senate President 10 days ultimatum to resign

– The group said the position of Senate President has been tainted beyond imagination with the endless scandals around Saraki

Some Nigerians in diaspora have offered to help the embattled Senate President, Bukola Saraki write his resignation letter over his ongoing trial at the Code of Conduct Tribunal.

The Nigerians under the umbrella of Nigerians in Diaspora Monitoring Group (NDMG) on Sunday, April 24, said it will gladly help Saraki write his resignation letter if he has no idea on how to do that.

The group gave the Senate President 10 days to resign as leader of the eighth assembly.

The group’s offer came at a walk held by thousands of Nigerians living in London.

The participants of the walk marched around the buildings housing the Nigerian high commission in the United Kingdom.

Also, in a speech presented by Onyilo Adeka, the group said Saraki, whom he accused of entrenching corruption, must resign immediately.

Adeka said the position of Senate President has been tainted beyond imagination with the endless scandals around current holder.

“Bukola Saraki’s position as Senate President is no longer tenable and he should quit immediately allowing to Nigeria make progress.

“We urge constituents of the various Senatorial Districts to closely watch where the senators they elected are pitching their tents in this show of shame with a view to using the instrumentality of recall or voting them out in the next election,” Adeke said.

To back the call for Saraki’s resignation, the group gave 10 reasons why Bukola Saraki must resign as the Senate President.


Read the 10 reason below:

1. His failure to declare his assets or falsifying any declaration he did made is a violation of the Code of Conduct for public officers as spelt out in the constitution.  A lawbreaker has no business leading the nation’s law making arm.

2. Revelations of the Panama papers about his offshore assets, which were not declared by the way, are enough reason for Saraki to have done the needful. His co-traveller in the Panama affair and former Icelandic Prime Minister, Sigmundur Davíð Gunnlaugsson, has demonstrated what a man does when he compromises his honour but Saraki failed to understand the concept. In this he may want to peruse the National Assembly records for the names of Evan/Evans Enwerem, Chuba Okadigbo and Adolphus Wabara.

3. The truly innocent has nothing to fear in clearing his name before a court but instead of defending himself against the Code of Conduct Tribunal charges he had engaged on an endless trip of judgement shopping as he approached one court after the other, not to clear himself, but to block his trial from holding. In addition to the many charges against him he has endlessly abused the judicial system. We are now the butt of online jokes that say the only court Saraki has not approached to stop his trial is the Basketball Court.

4. The purchase of exotic SUVs for members of the chamber he presides over (in addition to being the chairman of the National Assembly) is a clear indication of his unremorseful attitude and the disdain in which he holds Nigerians. It is enough proof that corruption and wasteful public expenditure are an integral part of his DNA as a public office holder and the fact that the public outcry prior to the act fell on deaf ears confirms he has no iota of regard for what citizens want.

5. Saraki has converted his trial into an avenue for wasting tax payers’ money as the business of the National Assembly is crippled each time he has to appear at the CCT. He has denied mobilizing his colleagues to following him to the trial venue in solidarity but what he has not proven is him telling the other senators to continue with what they were elected and paid to do instead of embarking on their charade. It will be prudent that Saraki resigns and faces his trial as an individual while the other lawmakers face their national assignment without distraction.


6. On top of the outrage the charges against him are generating among Nigerians, Saraki upped the insult to Nigerians by attempting to change the goal post when he and his colleagues futilely attempted to amend the laws, the Code of Conduct Bureau Act and Code of Conduct Tribunal Act, under which he was being tried. Even it was another top politician being tried; attempting to change the laws during the trial has all the hallmark of criminality.

7. In the almost one year he has been the President of the Senate, Saraki has not demonstrated concurrence with the desire and determination of Nigerians to tackle corruption head on. Almost all the Senate/National Assembly action he has presided over tend to be in favour of entrenching corruption.

8. The budget fiasco is confirmation that Saraki is out to strangulate the nation for political leverage. A man that can compromise the well-being of 170 million citizens to save his political career is not to be trusted with the office that Saraki currently occupies.

9. Saraki’s persistence in office in the face of the damning indictments against him is blocking Nigeria’s progress with international partners. They cannot trust that a man with baggage this much presiding over parliament will willingly domesticate treaties that have anti- corruption components. Many agreements between Nigerian and other countries are consequently awaiting activation as these nations bid time to see what we do with her legislative arm.

10. Saraki’s several and latest attempts at using the media to plead political persecution as the reason for his compromised position are unacceptable. His explanations, which should have been saved for the courts, did not factor in all the above enumerated reasons. The combination of all these reasons is enough ground for Saraki to immediately resign and we so demand.

The Senate President is facing a 13-count charge for falsely declaring his assets before the Code of Conduct Bureau.

He is currently being tried by the Code of Conduct Tribunal under the chairmanship of Danladi Umar who has just been exonerated by the Economic and Financial Crimes commission (EFCC).

https://www.naij.com/809124-read-10-reasons-bukola-saraki-must-resign.html?source=index_trending

masterpiece86:
– Some Nigerians in Diaspora have said that it is pertinent for the Senate President, Bukola Saraki to resign

– These Nigerians under the Nigerians in Diaspora Monitoring group (NDMG) gave the Senate President 10 days ultimatum to resign

– The group said the position of Senate President has been tainted beyond imagination with the endless scandals around Saraki

Some Nigerians in diaspora have offered to help the embattled Senate President, Bukola Saraki write his resignation letter over his ongoing trial at the Code of Conduct Tribunal.

The Nigerians under the umbrella of Nigerians in Diaspora Monitoring Group (NDMG) on Sunday, April 24, said it will gladly help Saraki write his resignation letter if he has no idea on how to do that.

The group gave the Senate President 10 days to resign as leader of the eighth assembly.

The group’s offer came at a walk held by thousands of Nigerians living in London.

The participants of the walk marched around the buildings housing the Nigerian high commission in the United Kingdom.

Also, in a speech presented by Onyilo Adeka, the group said Saraki, whom he accused of entrenching corruption, must resign immediately.

Adeka said the position of Senate President has been tainted beyond imagination with the endless scandals around current holder.

“Bukola Saraki’s position as Senate President is no longer tenable and he should quit immediately allowing to Nigeria make progress.

“We urge constituents of the various Senatorial Districts to closely watch where the senators they elected are pitching their tents in this show of shame with a view to using the instrumentality of recall or voting them out in the next election,” Adeke said.

To back the call for Saraki’s resignation, the group gave 10 reasons why Bukola Saraki must resign as the Senate President.


Read the 10 reason below:

1. His failure to declare his assets or falsifying any declaration he did made is a violation of the Code of Conduct for public officers as spelt out in the constitution.  A lawbreaker has no business leading the nation’s law making arm.

2. Revelations of the Panama papers about his offshore assets, which were not declared by the way, are enough reason for Saraki to have done the needful. His co-traveller in the Panama affair and former Icelandic Prime Minister, Sigmundur Davíð Gunnlaugsson, has demonstrated what a man does when he compromises his honour but Saraki failed to understand the concept. In this he may want to peruse the National Assembly records for the names of Evan/Evans Enwerem, Chuba Okadigbo and Adolphus Wabara.

3. The truly innocent has nothing to fear in clearing his name before a court but instead of defending himself against the Code of Conduct Tribunal charges he had engaged on an endless trip of judgement shopping as he approached one court after the other, not to clear himself, but to block his trial from holding. In addition to the many charges against him he has endlessly abused the judicial system. We are now the butt of online jokes that say the only court Saraki has not approached to stop his trial is the Basketball Court.

4. The purchase of exotic SUVs for members of the chamber he presides over (in addition to being the chairman of the National Assembly) is a clear indication of his unremorseful attitude and the disdain in which he holds Nigerians. It is enough proof that corruption and wasteful public expenditure are an integral part of his DNA as a public office holder and the fact that the public outcry prior to the act fell on deaf ears confirms he has no iota of regard for what citizens want.

5. Saraki has converted his trial into an avenue for wasting tax payers’ money as the business of the National Assembly is crippled each time he has to appear at the CCT. He has denied mobilizing his colleagues to following him to the trial venue in solidarity but what he has not proven is him telling the other senators to continue with what they were elected and paid to do instead of embarking on their charade. It will be prudent that Saraki resigns and faces his trial as an individual while the other lawmakers face their national assignment without distraction.


6. On top of the outrage the charges against him are generating among Nigerians, Saraki upped the insult to Nigerians by attempting to change the goal post when he and his colleagues futilely attempted to amend the laws, the Code of Conduct Bureau Act and Code of Conduct Tribunal Act, under which he was being tried. Even it was another top politician being tried; attempting to change the laws during the trial has all the hallmark of criminality.

7. In the almost one year he has been the President of the Senate, Saraki has not demonstrated concurrence with the desire and determination of Nigerians to tackle corruption head on. Almost all the Senate/National Assembly action he has presided over tend to be in favour of entrenching corruption.

8. The budget fiasco is confirmation that Saraki is out to strangulate the nation for political leverage. A man that can compromise the well-being of 170 million citizens to save his political career is not to be trusted with the office that Saraki currently occupies.

9. Saraki’s persistence in office in the face of the damning indictments against him is blocking Nigeria’s progress with international partners. They cannot trust that a man with baggage this much presiding over parliament will willingly domesticate treaties that have anti- corruption components. Many agreements between Nigerian and other countries are consequently awaiting activation as these nations bid time to see what we do with her legislative arm.

10. Saraki’s several and latest attempts at using the media to plead political persecution as the reason for his compromised position are unacceptable. His explanations, which should have been saved for the courts, did not factor in all the above enumerated reasons. The combination of all these reasons is enough ground for Saraki to immediately resign and we so demand.

The Senate President is facing a 13-count charge for falsely declaring his assets before the Code of Conduct Bureau.

He is currently being tried by the Code of Conduct Tribunal under the chairmanship of Danladi Umar who has just been exonerated by the Economic and Financial Crimes commission (EFCC).

https://www.naij.com/809124-read-10-reasons-bukola-saraki-must-resign.html?source=index_trending

stephenduru:
Bola Tinubu's son Seyi is set to wed Layal, the woman of his dreams. The journey up the boulevard of matrimony began on Friday, November 6, 2015 in faraway Ghana. Seyi, in the Aburi town of Akuapim South Municipal District, in the Eastern region of South Ghana and about 45 minutes from Accra the nation’s capital, proposed to Layal over a candlelit dinner at Lansdown Resort. Seyi allegedly went on one knee and asked the very surprised but highly elated Layal to marry him.As per the actual date of events and preferred venue, deliberations are still on.

Brief history of the intending couple:Seyi acquired his LLB degree from the prestigious University of Buckingham, United Kingdom. He acquired his Masters in Corporate & Commercial Law at the same university where he came out on merit. Layal on the other hand, is of Lebanese and Nigerian descent. She is said to be a brilliant consultant at foremost auditing firm, PriceWaterhouseCooper (PWC). The 25-year-old is a graduate of Political Science and African Studies at the SOAS (School of Oriental Studies) University of London. She also has a Masters in Entrepreneurship & Business Management from the University of Surrey.

Source: http://www.trezzyblog.com/2016/04/seyi-tinubu-lawal-holm-release.html

stephenduru:
Bola Tinubu's son Seyi is set to wed Layal, the woman of his dreams. The journey up the boulevard of matrimony began on Friday, November 6, 2015 in faraway Ghana. Seyi, in the Aburi town of Akuapim South Municipal District, in the Eastern region of South Ghana and about 45 minutes from Accra the nation’s capital, proposed to Layal over a candlelit dinner at Lansdown Resort. Seyi allegedly went on one knee and asked the very surprised but highly elated Layal to marry him.As per the actual date of events and preferred venue, deliberations are still on.

Brief history of the intending couple:Seyi acquired his LLB degree from the prestigious University of Buckingham, United Kingdom. He acquired his Masters in Corporate & Commercial Law at the same university where he came out on merit. Layal on the other hand, is of Lebanese and Nigerian descent. She is said to be a brilliant consultant at foremost auditing firm, PriceWaterhouseCooper (PWC). The 25-year-old is a graduate of Political Science and African Studies at the SOAS (School of Oriental Studies) University of London. She also has a Masters in Entrepreneurship & Business Management from the University of Surrey.

Source: http://www.trezzyblog.com/2016/04/seyi-tinubu-lawal-holm-release.html