₦airaland Forum

WORST PRESIDENT IN AFRICA, I THOUGHT JONATHAN'S REGIME WAS BAD, BUT THIS HERDSMAN REGIME IS WORST

stupid explanation from a dullard, probably he is afraid of being stoned like el rufai

AS FAR AS I KNOW, JONATHAN IS A TROUBLESS HERO, HE EASILY HANDED OVER PRESIDENT TO THE DULLARD IN 2015 EVEN THOUGH THE ELECTION WAS RIGGED.., UNLIKE OTHER PRESIDENTS LIKE JAMMEH

PROPHET AMOSUN,....
But this tori long o

IN THIS REGIME, NO MORE LOVE STORIES .

kk

HE WOULD HAV BEEN CAUGHT LONG AGO IF ONLY HE LIVES IN NIGERIA, I MEAN IN A REGIME LIKE THIS IF REWARD IS ATTACHED

NA SMALL NIGERIA TAKE PASS THAT PLACE

and they don't sell condom in ur country?

Kenya and bad news,
5&6

MESSI NEYMAR SUAREZ ANY DAY ANY TIME

makelove2m:
In that country Snakes were seen as pet and they live, sleep and play with it.......................

stop lying and pls

there is a man peeping under the bed

OBASANJO KEEP QUIET, WHAT DID U ALSO DO FOR NIGERIA DURING UR REIGN,
I KNOW FLAT HEADS ARE ANGRY NOW

MR BUHARI, IF U CANT PQY ALL THOSE SALARIES TODAY OR TOMORROW, THEN U RE STUPID COS WE NEED SALARIES BEFIRE XMAS NOT AFTER XMAS

e fine sha, but e no concern government

MAD MEN PLANE

THATS TO SHOW MONEY IS BETTER THAN APPEARANCE, IF U KNOW WAT I MEAN

change affect everybody, and they are talkin about increase in data rate, that means it will soon reduce to 20 thousand

signs of recession

The Federal Government has approved a new policy on whistle blowing that aims to encourage Nigerians to report financial and other related crimes to relevant authorities.
The highlight of the policy is that whistleblowers whose revelations lead to recovery of money will be entitled to as much as 5 per cent of the recovered sum.
The new policy was approved Wednesday at the meeting of the Federal Executive Council , chaired by President Muhammadu Buhari inside the Council Chamber of the Aso Rock Villa.
The Minister of Finance, Kemi Adeosun, who announced the new policy to State House correspondents, said it is being put in place “in conjunction with the Attorney General of the Federation and Minister of Justice”.
She said the policy is a stop gap initiative until the National Assembly formally passes a law on whistle blowing.
She said the new programme encourages Nigerians with information on financial crimes to disclose it.
She said the aim is to strengthen the fight against corruption by the Buhari administration.
She said anyone who provides information leading to the recovery of fund will be entitled to not more than five per cent of the recovered sum.
Ms. Adeosun said the government will set up a website and provide a phone number and email for people to use.
She said anonymity and protection of whistleblowers will also be guaranteed.

http://www.premiumtimesng.com/news/headlines/218608-breaking-expose-corruption-make-money-nigerian-govt-adopts-new-whistle-blowing-policy.html

The group operations of the Nigerian National Petroleum Corporation, NNPC, recorded a cumulative loss of N411.1 billion in 21 months between January 2015 and September 2016, the Nigerian Extractive Industries Transparency Initiative, NEITI, has stated.
In report, the agency said its review of the NNPC’s monthly financial and operational reports show that the national oil company earned marginal profits in only two months during the period under review.
“Apart from January 2015 when the group made a profit of N7.6 billion, it also realised N0.27 billion as profit in May 2016, with total profit in 21 months coming to N7.87 billion, as against the loss of N418.97 billion, with total loss coming to N411.1 billion,” NEITI said in its report.
A review of the losses revealed volatility in the pattern in which its expenditure consistently outstripped revenues, with the difference varying from N3.55 billion in January 2016 to N45.49 billion in September 2015.
The analysis was contained in the maiden issue of the NEITI Occasional Paper Series, published jointly with BudgIT, a technology-driven, civic-advocacy group on budget and public finance issues.
Titled ‘Review of NNPC’s Monthly Financial and Operations Reports’, the joint publication analyses data publicly disclosed by NNPC covering a 21-month period between January 2015 and September 2016.
Major highlights of the report included a drop by about 27.2 per cent of Nigeria’s crude oil production between January 2015 and September 2016.
The crude oil production fluctuated during the period under review, from 69.49 million barrels, the highest monthly production, recorded in October 2015, to 46.56 million barrels, the lowest recorded in August 2016.
A similar trend was noticeable in terms of average daily production per quarter, as 2.16 million barrels were produced daily on the average in the first quarter of 2015 as against the 1.60 million barrels average daily production per quarter in the third quarter of 2016.
The report, which attributed the fall in oil production to growing vandalism and militancy in the Niger Delta region, said this could impact negatively on the implementation of the current budget, based on assumed daily production of 2.2 million barrels.
Also, the report said average capacity utilisation of the four refineries in Port Harcourt, Warri and Kaduna in the 21 months period was about 8.55 per cent.
In seven out of the 21 months under review, the report said the refineries did not process any volume of crude oil, with consolidated capacity utilisation of the refineries put at above 20 per cent only in August 2015 (24.08%).
Comparatively, the report described Kaduna refinery as “the poorest performer”, and the Port Harcourt refinery the best.
The report also reveals that out of the 245.48 million barrels received by NNPC for domestic supply in 21 months, only 24.78 million barrels were delivered to the refineries for processing, amounting to only 10.06 per cent of total allocation for domestic consumption.
Between January 2015 and September 2016, the report said total crude oil lifted and utilized came to 1.28 trillion barrels, out of which international oil companies and independents lifted 809.98 million barrels.
G overnment lifted 441.37million barrels while those with alternative financing arrangements lifted 30.15 million barrels, with total value of the liftings for the period put at about $61.17 billion.
Out of the figure, government, IOCs and independents, and alternative funders lifted crude valued at $20.9billion, $38.78 billion and $1.5 billion respectively, with only 9.74 per cent of the crude lifted by NNPC for domestic crude delivered to the refineries.
In terms of refined petroleum products, the report said about 24.24 million litres of petrol was sold daily within the period under review, with daily average sales of petrol fluctuating between 15.23 million litres in September 2015 and 35.09 million litres in May 2016.
The daily average sales for diesel and kerosene came to 1.06 million litres and 3.12 million litres respectively.
The Executive Secretary of NEITI, Waziri Adio, commended the NNPC for providing up-to-date information to Nigerians on the state of the country’s petroleum sector through the monthly financial and operational reports published since August 2015.
He however called on NNPC to improve on its self-declared commitments to openness, transparency, and accountability.

http://www.premiumtimesng.com/news/headlines/218525-nigerias-state-oil-firm-nnpc-lost-n418-97-billion-21-months-report.html

Horlufemi:
He will still come back contest and win in PDP

ex convict are not allowed to contest in politics

Former governor of Delta State, Chief James Onanefe Ibori has been released from a London prison.
Mr. Tony Elumenor, his media aide has confirmed the release.
Ibori, was sentenced to thirteen years in jail by a London Judge for stealing government funds in Nigeria.
He faces property forfeiture trial and may commence very soon. Mr. Ibori was the last of his friends and family to be jailed for his thefts as governor of the oil-rich Delta state.
His wife, sister and mistress were convicted of money-laundering in the UK and all served various terms in prisons.
His solicitor, Gohil, was also jailed for 10 years for helping syphon the money Mr. Ibori stole.
In addition to the prison terms, the Judge said Ibori’s sentencing is not the end of matter as his property will be confiscated and consequences may arise thereafter.

http://leadership.ng/news/564703/ex-gov-james-ibori-regains-freedom-after-10-year-jail-term

Nigeria has confiscated 102 bags of "plastic rice" smuggled into the country by unscrupulous businessmen, the customs service says.
Lagos customs chief Haruna Mamudu said the fake rice was intended to be sold in markets during the festive season.
He said the rice was very sticky after it was boiled and "only God knows what would have happened" if people ate it.
It is not clear where the seized bags came from but rice made of plastic pellets was found in China last year.
Investigations are under way to establish how much of the contraband has already been sold.
The customs official called on "economic saboteurs who see yuletide season as a peak period for their nefarious acts to desist from such illegal" business activity.
Mr Mamudu did not explain how the plastic rice was made but said it had been branded as "Best Tomato Rice".



http://www.bbc.com/news/world-africa-38391998

will it taste like normal rice?

OP, BLOG DESIGNER OR BLOGGER DESIGNER?

even with it, buhari still borrow money

The price of Brent crude rose to $55.61 per barrel on Wednesday, up 26 cents from the previous day in what will be good news to oil dependent Nigeria.
The Nigerian government has repeatedly lamented the impact of the fall in global oil prices on its economy which is suffering from a recession. The current Muhammadu Buhari administration has pledged to diversify the economy with a focus on agriculture and solid minerals.
Nigeria was one of the oil producing OPEC members that agreed to a reduction in oil export to help bolster oil prices which have been low for over a year, going below $40 dollars a barrel. The country was, however, exempted from the slash due to not being able to meet its original quota caused by militancy in the oil producing Niger Delta region.
To ensure proper preparation for any fall in oil price, the Nigerian government projected an oil price of $42.5 per barrel in the 2017 budget.
On Wednesday, the U.S. dollar held near 14-year peaks as global yield spreads moved inexorably in its favour, while a falling yen lifted Japanese shares to a one-year top.
U.S. crude futures were up 32 cents at 53.62 dollars a barrel, while benchmark Brent crude futures added 26 cents to 55.61 dollars.
The Nikkei added 0.3 per cent in thin trade, while Australia’s main index climbed 0.6 per cent to its highest in 17 months after Wall Street racked up more records.
Japan’s government upgraded its overall assessment of the economy on Wednesday, echoing a more upbeat view from the Bank of Japan’s delivered the day before.
The dollar index, which measures it against a basket of currencies, stood at 103.100 having touched 103.65, its highest since December 2002.
The euro was a fraction firmer at 1.0413 dollars. On Wall Street, the Dow ended just 25 points shy of the magical 20,000 barrier helped by a 1.68 per cent gain in Goldman Sachs.
Stocks have been on a tear since the November 8 presidential election, with the Dow up nine per cent and the S&P 500 6 per cent on bets that President- elect Donald Trump’s plans for deregulation and infrastructure spending might boost profits and growth.
The Dow rose 0.46 per cent on Tuesday, while the S&P 500 gained 0.36 per cent and the Nasdaq0.49 per cent. Eight of the 11 major S&P sectors rose, led by a 1.23 per cent jump in the financial index.
After the bell, Nike rose 3 per cent on a strong quarterly report from the sports apparel seller.
European shares scaled 11-month highs on Tuesday as Italy’s banking index rose 2.3 per cent after the government decided to seek parliamentary approval to borrow 20 billion Euros to underwrite the stability of its banks.
Emerging markets have not been nearly as thrilled by Trump’s win, as the threat of tariffs has stirred fears of a trade war while rising U.S. yields have attracted funds away.
Benchmark 10-year U.S yields have climbed almost 80 basis points since early November to reach 2.57 per cent.
Data from the Institute for International Finance showed non-resident investors had pulled 23 billion dollars from emerging market portfolios since early October.
MSCI’s broadest index of Asia-Pacific shares outside Japan inched up 0.3 per cent on Wednesday, but that followed a string of losses.
Gold held at 1,133.80 dollars an ounce as a firm U.S. dollar kept it pinned near last week’s 10-1/2-month low of 1,122.35 dollars.


http://www.premiumtimesng.com/news/headlines/218588-good-news-nigeria-oil-price-rises-55-61.html

cc: mynd44
cc: lalasticlala

[s]simple/s]

na shit full am

not only you youths, everyone is waiting for buhari in 2019, cos he is going down for sure, only dumbasses and His fellow cow rearers will vote him