₦airaland Forum

FastShipping:
This country will never progress. It will never progress when you have courts restraining police, EFCC, ICPC, and law enforcement personnel in general from performing their duties.

The courts should allow this case to be argued in court. The court can then dismiss the case during preliminary hearing if the case is frivolous.

Nigerian courts are threat to Nigerian democracy.

Only if it is not for witchhunting exercise.
Where were CCB since 2006 that they suddenly realised that SARAKI committed a crime.the answer is simple WITCH HUNTING.

ExInferis:
Seriously? you think the north needed amaechi to win? how many votes came from the ss?

there was no way on earth gej would win without the north. And buhari won without the ss/se.

the entire population of the ss is like just 2 states in the north.

there's a reason we call you guys "minorities"

Without amaechi sponsoring your Fulani president,you think that seat would have been a reality for you north.mumu till 2morrow the south remains the richest.

dekdek:

Efcc is already doing a thorough job as against the rubbish omereji did who was instructed to go and indict Amaechi even before commencement of proceedings. These fools can't do anything to Amaechi. He remains the best Rivers governor in recent past. A feat even his greatest critic can't disprove.
He remains a fool to dare compare kayode Esho with omereji. The same omereji who ordered that bipi and his minority group can go ahead to impeach Amaechi if they deemed fit. Utter nonsense.

I guess because of the small money the idiot ex gave to your father.limit your talk to your house not rivers state

bashydemy:
God bless you my brother, I wonder why some people are crying over this ministers of a thing, They are just a representative of the President to oversee the ministry and feed the president back on how things is going on there and what needed to be done.... Permanent secretary is the mean head of each Ministry, Some minister don't even know where they have offices but Permanent secretary do.

When there are issues or presentations,is it the perm.sec that acts or the ministers.first world govt.don't do without ministers why should gullible Nigerians see things this way.

mrvitalis:
Tonye... the fact that people actually praise ur analysis shows the level of decay in Nigerian educational system
Let me educate u a little bit
1) a minister is a mere representative of the president in that ministry
2) the president can pass his directives or give instructions based on his manifesto to any ministery WITH OR WITHOUT A MINISTER
3) ministers are only needed when the president wants to reduce the work load on him.... And if the president is not complaining..... I wonder y u should.. ....
..

I think that with people of school of thought like you should advice the president to form a different kind of govt and not deceive people or using democratic standard.you cannot function without ministers,even in earlier years when kings and queens rule.there is delegation of duties so don't come to NL to educate people that knows better than you.blind followers are the biggest issues we are facing and these are another forms of corruption.song praising etc.

teeowl:
the civil servants are the real backbone of the ministries... ministers are just mouth-pieces.

Zombie
From your statement you will agree with me that the chief of staff is what we need instead of a president and mere commissioner vice abi.

MyFlair:
I dnt see reason y a minister shudnt be deemed important. Even advanced n properous countries hv ministers maning their various ministeries. If we don't need ministers we might, as well, not need a president. The chief of staff is the one doing all the work

Tell the foolish govt without direction and it's greedy followers.

aresa:
Because bad people supports bad people and things.

They'll love and support the devil as long as the devil is against Hausa and Yoruba people because their fiber, being and DNA is nothing but hate, bigotry, meanness, cruelty, criminality, bitterness and paranoia..

This unfortunately is their portion in life...

Swine,the problems of this country are they not caused by the Hausas and Yorubas.what is wrong with people crying out for been served injustice since 1960.you expect them to keep quiet while only 2 useless race enjoy the entity called Nigeria.you must be mad and any other persons that supports your ideology.

akinsmyk:
Surprised that with the turn of even, you can still talk this way. The few ministers that PMB had nominated, are you not aware that they had assumed office and acting in that capacity already, PMD just want them to appear before the senate just for ceremonial confirmation. All the senate had done is rant. The foundation of the 8th senate is bad, wrong and corrupt which had made them lost a large part of their constitutional right and stand. Saraki knows this himself. I support PDP @ d polls but the truth is PMB is nt doing bad a president, I can promise you that without d corrupt senate house, tinz would still work out fine. Either senate confirm budget or not, changes goes on. Even if that will make the system sane, its a welcomed development. What has all confirmation in the past yield to? We're abusing this democracy too much....PMB shld add a li2 military techniques to this. The senate just wants to slow down our pace, we don't need them....its even too expensive to run them. Bleep Saraki...if u're hailing that very corrupt Saraki based on using him to get back or vent anger on APC for diisappointment abt GEJ, then u're stagnant nd don't want to move ahead. Saraki is occupying a sensitive post to good for his records. With his record of corruption, its a slap on our face on d international stage. Not talking about the states, but APC is not doing bad @ d central make we forget sentiment jharee

You talk like a fool,your blinded support for pmb and apc makes you not to see and speak the truth.you think pmb will allocate budget without senate approval.then you see impeachment.I have always said this that a kettle can never call pot black.your pmb failed in his asset declaration doesn't that tell you something that corruption is in the play.

dailywealth1967:
All those investors are now being monitored for integrity.Nigeria will survive with or without China.This great countries pass through this phase. Let's believe in ourselves to succeed

Don't deceive yourself no man is and island.the west will not come to aid Nigeria please quote me.that was the first step pmb took that pissed China

emmyblackky:
China can go to hell for all I care. Do you know the punishment for corruption in China? Death sentence. They preserve their economy and damage other people's economy. It's no longer business as usual my man. The change is here and we must face it.




Oya, wailing wailers, over to you

Please mention which country comes to make your country rich apart from theirs.

sammyj:
Looking at the magnitude of corruption within the customs ranks. I believe the new sheriff in town will block the loopholes based on his past military experience.

Do you think this is war.watch out the man too will steal.

PassingShot:
Thanks. Nigeria shall be great again.

We will continue to pray that this regime succeeds. We will not also fail to call it to order in our little way if it falters.

For the love of country.

Can you bite the finger that is feeding you.

PassingShot:
Please try to understand these:
1. To revive an economy in shambles is not a day's job. I have provided just a few evidences to prove that the economy PMB inherited was in shambles.

2. The problem with lack of power supply was not the absence of generation capacity but absence of gas supply to the power stations and vandalism according to TCN. And to make us have power in our homes, the power plants only needed gas to be supplied to them and for the govt to find a solution to the problem of vandalism. Since PMB arrived, he has simply asked the GENCOS and DISCOS to sit up or be ready to face his wrath. The CBN provides loan to the gas suppliers (same practice since GEJ but there was still no gas) and now make gas available.

To solve the vandalism problem, the FG terminated the surveillance contract given to the militants by GEJ and replaced them with military.

So, quick fixes where possible will earn the regime the credit. Where quick fixes are not possible, the regime cannot completely take the blame. The blame will be appropriately heaped on it only after it has failed to solve the inherited problems after a reasonable period of time (usually btw one and two years).

And you think that gej was vandalizing the gas pipeline ode.

peedeeasobie:
I need to understand something!

You are blaming GEJ's govt for the economic woes but praising PMB for the constant power and fuel supply?

If GEj's govt is responsible for the economic woes, his govt is also responsible for the constant power and fuel supply!

You day mind them.

Kollyman:
I am not being tribalistic, i think the igbos are a curse to Nigeria.

Pls. let them go with their Biafra.

You just said who you are bigot.because they speak their opinion on this forced marriage called Nigeria where only the Yorubas and their slave masters north benefits.

PassingShot:
[b]This thread is of course a response to this https://www.nairaland.com/2590889/see-what-happening-nigerias-economy

For us to understand and appreciate what the new government has done or not done for the country, it’s very important to revisit the type of economy it inherited from the last regime as enumerated below:

1. The Nigerian economy operates a budget which is heavily skewed in favour of recurrent expenditure (about 90%) against capital expenses (about 10%) as represented by 2015 budget here http://www.punchng.com/news/jonathan-signs-n4-425tn-2015-budget/

Implication of this is that there will be no real development in the core areas that sustain and improve economic development.

2. Nigerian economy is largely dependent on crude export. Even the crude price has fallen below the benchmark price ($53 per barrel) on which the 2015 budget was based. Crude now sells at around $47 per barrel.

3. As at April 2015, the Federal Government of Nigeria had borrowed $4.4bn to pay salaries of its workers for March and April 2015. http://www.dailymail.co.uk/wires/afp/article-3070070/Nigeria-borrows-pay-salaries-cash-crunch-worsening.html

4. GEJ met the reserve at $47.7bn in 2010 but still managed to reduce it to $29.6bn despite that crude sold for an average of $100 per barrel (peaked at about $140/barrel). The country’s FR plays a huge role in giving confidence to foreign investors in Nigeria’s economy. The higher the value the higher the confidence in the economy and vice versa.
http://www.dailymail.co.uk/wires/afp/article-3070070/Nigeria-borrows-pay-salaries-cash-crunch-worsening.html[/b]

I could go on and on but these will suffice for now.
Now, let’s see OcheJoseph ‘s points one after the other:


Yes, Nigeria will be delisted from Bond Index of JP Morgan. However, it amounts to crass ignorance for any sane analyst to want to blame the government of the day. JP Morgan started the process of reviewing Nigeria’s continued participation in its bond index in January of this year given the fact that we had depleted our FR to an abysmal level while our currency continued to lose values.

For Nigeria to continue to participate in the BI, the conditions given by JP Morgan are very detrimental to our economy. Nigeria will have to devalue the Naira and possibly will exchange for about N350 to a dollar. This will drive up inflation which means cost of imports and even local goods will go up. Cost of doing business will shoot up and productivity will expectedly drop which will eventually lead to massive retrenchment by the companies.

So, should Nigeria have chosen to remain or accepted to be delisted? I wait for your answer.



What do we expect when the FG as at May 29 had not released a kobo towards capital development? The capital expenditure in the 2015 budget is paltry 10% of about N4.5tn and NOTHING had been released as at the exit of the last govt. So what miracle do we expect?




This is too cheap and very misleading. Job losses are a constant part of any economy and if it’s not as a result of a government’s policy or not on an industry-wide scale, you cannot put the blame on the government. Even in the link you provided, it was clearly stated that the layoff was not for any reason of threat or loss as quoted

“One thing that is clear is that Zenith Bank is not under any threat,” the source, who spoke with our reporter on condition of anonymity. “With the current crisis in the banking industry in the country, it is incumbent on any bank that wants to growth to bend backwards to re-strategize and restructure its operations to expand and grow.

Is the OP insinuating that there were no job losses during Jonathan’s regime? Or that every job loss was due to his mismanagement of the economy?




At some point during GEJ’s era, the naira exchanged at above N235 to a dollar. That it trades at N220 currently represents an overall gain from N235/N240. The CBN is on a mission to make it difficult if not impossible, for stolen dollars from our reserves to be easily exchanged or transferred abroad. Besides, the fact is that crude price has dropped and our over dependence on imported goods among others have naturally put pressure on the naira.


The headline reads “Nigerian economy slows in Q2” and not “Nigerian Economy Slumps”, Both are not same and don’t mean same thing.

The quarter 2 referred to represents April, May and June of 2015 and GEJ was in charge in April and May. Does it then make any sense to blame a presidency which was in charge of one month out of three months for the slow down in the growth?

Again, the fact is that the economy would have collapsed completely had GEJ managed to win the last election. The economy was already on a downward slide by the time we voted him out. So, for anyone to attempt to put economic woes that we may currently be experiencing on PMB/VPYO smacks of irresponsible partisanship.



What is the news here? Must Nigeria do business with China or any other country for that matter?
Nigeria will do business with anyone whose policy and business terms and conditions favour her. This is no rocket science.





The loss is as a result of JP Morgan’s delisting and it was definitely expected following the announcement. The loss is not Nigeria’s loss but investors. When investors have gained in the past, was the gain given or shared with the country?

As I said earlier, CBN/DMO/MOF and Nigeria as a whole has taken the right decision to stand up to JP Morgan’s manipulative tendencies. We cannot because of foreign or even local investors accept conditions that could bring the country to its knees.


If anyone needs to use their brain, it’s you and your co-travellers.

You lots preferred we continue with a failed president/government. You wanted us to continue with a regime that could not manage surplus and bounty harvest in times of scarcity. You wanted us to continue with a government which recognized stealing as the norm. You wanted us to continue with a government of wastes; a government that placed militants above law abiding citizens; a government that couldn’t guarantee security such that a portion of the country was in control of some rag tag terrorists.

Buhari ison a mission to stop the bleeding the economy was going through. He is on a mission to prevent a very bad situation from getting worse. He is on a mission to restore our lost glory, sanity, accountability and pride where STEALING WILL BE SEEN AS CORRUPTION.

May God continue to guide President Buhari & VP Osinbajo aright
May Nigerians prosper better under his selfless leadership

CC: Lalasticlala Seun Obinoscopy

Who sent you.the light we enjoy today and some other benefits did you now see that you shot yourself in the leg.You will agree with me that the past govt was responsible for these development and not this present govt.you have proven to Nigerians that this govt obviously has not done anything and cannot because of your analysis till next year budget.so enough of these hypocrisy of sai baba and sai bullshit

The elections that brought apc to power,was it credible?.kettle always calling pot black.what apc failed to understand is that rivers people don't want amaechi or any of his cronies,hence even if buhari supervises a rerun pdp will win.wike is just fortunate to occupy the flag bearership.

Beremx:
Fayose don kolo finish!

Unfortunately, PMB has never responded to all your rants against him. Isn't it obvious Fayose is just a noisemaker who is desperately seeking for Buhari's attention?

Let me know when Fayose hits the market to buy ponmo and vegetables again or stands on the road to check licenses of drivers. That's all he's good at.

What has pmb got that will move fayose,think about your so called pmb full of deceit

dapsonlou:
And you are forgetting that your vote doesn't Count.

So how did buhari own count

olosk:
So Mr Wickness declare his asset secretly. Rivers PDP. No jst get sense. Why do we have body/agency to verfy if you under declare or over declare.

Your so called body don verify pmb own.

Firefire:


This snake man should stop all this stupid photographic exercise .

Buratai, please enter sambisa forest and bring our girls out from the bunkers.


also ensure your next exercise is done at the newly relocated military command in Maiduguri.

You day mind am.now pmb will not send him to Sambisa,he is having fun in Abuja instead of bring back our girls.before I forget where is ezekwesili,has she gone on sabbatical leave since her god father pmb came on board.hypocrisy of the highest other.

Okonikott:
Just wondering what kind of roads could be built in 100 days, except sandy, loamy and rocky roads. Wasteful indeed.

You sound like your name

Demdem:
Wike is fast becoming a curse to rivers state. The same way the fool wrecked Obiakpor. History seems to be repeating itself again at a bigger scale.

Have you finally come out of your hiding.bury your head in shame.paid e rat

freedom96:
The sleeping governor see his eyes abeg I just don't know how rivers voted this man into power...anyway na them sabi...they now have a "guavanor"

Wetin concern you,can you name your own governor.leave rivers people alone.they have made their choice.drinking panadol for another man headache.busy body.

MISSNORA:

probe who? Obj? ...... Save the bullshit in ur memory card....chasing ghosts if u ask me.

Is he above the law,pmb is avoiding probing obj and is willing to go all out for gej.how can things work in this country when justice is sectional.senate well done and start from 1999.
And let's see if all pmb says about fighting corruption is true.let's see what the litmus test will be and what precipitate will be formed when the reports are out.

LightofEarendil:
It is interesting to see so much focus on PMB assest declaration. I wish so much pressure can be put on those of Government at the State and LG level.
In fact, the pressure on PMB should be reversed and put on our State governors and officials. Without this, true dividends of democracy will continue to elude us.

Who told you the pressure should be off him,he has not declared his assets publicly,when he does that then the governors can follow suit.you must be totally clean for you to clean others for the charade they did last week is unacceptable.

Barram:
Hello nairalanders.

Please i need your help with loan of N200,000.

I am facing some tough challanges and desperately need your help.
I am ready to deposit my birth,state of origin, school certificates and an infinix pad,has collacteral.

Till 3months when I will pay back with interest rate of 15%.

You can come to know my place of residence and even my family for benefit of doubt.

MODIFIED
It seems like people are having problem with the provided collacteral.
Being a student. I want to start up a long time solution to my financial problems.
I can't keep asking people for assistance. I need to hold my destiny in my hands.
This is why I need your help to add up with the fund I have, to start up a feasible and reliable source of income.

IF YOU HAVE TRUST ISSUES,I CAN GIVE YOU ORIGINAL CAR PAPERS AND THE ABOVE MENTIONED, HAS COLLACTERAL.
Already you will know my place of residence and family.
I live in abuja.

Contact me with the following:

PHONE:0810-6925-962

BBM:26DF3756

PLEASE NOTE: this is strictly business. If I don't repay in 3months time. Your 15% interest rate will increase to 50%. I set this standard,because I keep to my words.

Go to the bank

Gbawe:
Nigerians should insist leaders declare their asset after leaving office as you state here. One thing bad about Nigeria/Nigerians is that we leave the onus of good governance entirely on leaders without realising our civic duty as the voting electorate in a democracy. After office, no leader, even the entirely honest ones, will make any asset declaration if this is not made made mandatory and if the public does not insist they must see this. Buhari has done the right thing. Let Nigerians too focus on doing the right things that deepen our democracy. Nigerians must learn to hold leaders accountable as others do in the best democracies worldwide. We all have a role to play in the chain of good governance.

Story,have you forgotten that we are hungry by statistics.expect that by 2055

Dharniel:
waiting to see that loud mouth, fayose's asset...

Bigot

No woman can intimidate me.just do the right thing and provide for the family.it's your God given responsibility.if you have 5k give her to make her hair even if she wants 20k hair fix.that's what you can provide full stop.

huangcheng:
Absolutely not, I've researched and studied Yorubas all my life to predict their every move. Treachery is ingrained in their DNA.

Quote me anywhere.

95 percent inhibit treachery in them just 5 percent are human being including my friend at shagamu