₦airaland Forum

Sell NNPC! sell NNPC! sell NNPC! sell NNPC!

It is useless to the common man
It is useless to the common man
It is a corrupt entity that serves only the rich!

Na only blood suckers go dey endorse Buhari!
I'm not surprised!

NNPC serves only a few rich and connected people in south south! If it is privatized, it'll be opened up to everybody!

I believe privatization under Atiku will be well regulated because Atiku is an astute businessman.

Afamed:
So that Atiku can open the National Treasury for you to loot once again. We are not going back to Egypt.

If you are not going back to Egypt you can remain in Somalia!

All wise men are already Atikulated!

So that their businesses can collapse abi

##

One of the smartest business decisions every entrepreneur in Nigeria should make in 2019 is to vote out Buhari

Medicine after death!

After they have wiped off many communities and taken over people's farmlands!
Forget it mallam, your are going back to Daura!

Any Igbo business person in Lagos who decides to vote for Buhari is just killing his/her business because another 4yrs of Buhari's government will ensure the collapse of many businesses.

Buhari must go back to Daura!

For those who think that Buhari is a saint, please read:




Demystification of President Muhammadu Buhari (3)
ON April 15, 2018 12:04 AM / IN
Perspective From Both Side Of The Atlantic / Comments
By Douglas Anele
The question that arises now is: how did retired Maj. Gen. Muhammadu Buhari manage the Petroleum (Special) Trust Fund (PTF)? A detailed analysis published in Newswatch magazine of March 24, 2000, reveals sordid information about how the fund was allegedly systematically mismanaged.
Aside from the fact that an estimated 75% of PTF projects were cited in the north, its achievements were overshadowed by massive waste and corruption.
Remember, the total income that accrued to the fund in its five years of existence was over N146 billion, meant for special intervention in basic infrastructure, supply of essential materials and rehabilitation of health and educational facilities, among others.
The first blunder Buhari committed as the executive chairman of PTF was his unilateral appointment of a private firm, Afri-Projects Consortium (APC), as the sole adviser and management consultant to the fund.
Buhari
The investigative Interim Management Committee (IMC-PTF) set up by Chief Olusegun Obasanjo, headed by Haroun Adamu, discovered that not only did Buhari delegate most of his powers to the APC, it also confirmed that the consortium overcharged the fund for its services to the tune of N2 billion. One of the critical areas of intervention in the health sector handled by the company was PTF’s programme for the control and eradication of HIV/AIDS, where it allegedly imported sub-standard, poorly packaged, poorly stored, expired or soon to expire treatment kits and drugs.
Indeed, because of APC’s unprofessional handling of the programme, the federal government spent over N500 million to stock big silos of useless drugs and kits purchased at inflated prices. At the time, late governor Abubakar Audu of Kogi state, Dr. Rowland Ogbonna, secretary of the Nigerian Guild of Medical Directors, and Omololu Falabi, coordinator of Journalists Against Aids (JAAIDS), insisted that unless all PTF supplied drugs were withdrawn Nigerians are at a high risk of consuming expired and fake drugs.
Other cases of mismanagement of public funds include the purchase of large quantities of spectacle frames sold N800 each locally for N1,900, resulting in government paying N45 million extra, and ambulances that normally costs N3 million per unit were purchased at the grossly inflated price of N13 million, leading to a loss of N900 million. In all the areas that PTF was expected to carry out its interventionist mandate, Obasanjo’s interim committee concluded that there had been massive fraud or criminal mismanagement of funds belonging to the PTF.
Indeed, Haroun Adamu reportedly complained that before his committee began its assignment, N500 million belonging to the fund and lodged in a bank had been withdrawn by unidentified persons. Overall, of the N146 billion PTF received from government, the staggering sum of N25 billion was either stolen or improperly spent on dubious goods and services.
Of course, APC denied any wrongdoing: the company issued a statement in which it claimed that its members were people of impeccable character who had undertaken several national and international assignments during and after the PTF years. Similarly, Buhari, when confronted with allegations of mismanagement of PTF’s funds, affirmed that he was unaware of it and as such could not have benefited personally from what happened.
But does his denial hold water? Assuming that he did not benefit from the corruption, was he so insular or alienated from what was going on in PTF that he had no idea about corruption there? In any case, as we noted earlier, he approved the appointment of APC and delegated virtually all his executive powers to the consortium. Moreover, it is alleged that Buhari himself ratified all recommended payments from the fund.
Therefore, because the buck stopped at his table, Muhammadu Buhari cannot be completely exonerated from the mismanagement in PTF if the findings of the interim committee reflected the true situation.
Now, what happened to the final report of the committee? If the report contained details of gross mismanagement and corruption as reported in the media, why was Buhari not invited to give account of his stewardship? If Obasanjo was really sincere in setting up the investigative winding down committee, if he really wanted to know the truth about how PTF was managed and punish anyone found guilty of improper conduct, why was he eager to exonerate Buhari completely from blame?
The answer to the last question is: Muhammadu Buhari is one of the so-called sacred cows or untouchables alongside other former military heads of state who appear to be above the law. Besides, putting him in the hot seat might unearth facts that could tarnish his reputation for integrity and incorruptibility.
Those that voted for Buhari on the conviction that he would improve the economy were hoodwinked by the persistent narrative of integrity and incorruptibility from Buharimaniacs: they did not reckon with his track record both as a military head of state and executive chairman PTF to arrive at a more realistic and rational estimate of what he can achieve in that critical area of our national life. Moreover, Buhari seems averse to accepting responsibility especially when things go wrong under his watch.
According to President Buhari and his lieutenants the immediate past government left the economy in shambles, but now, owing to diligent management the economic outlook is “looking up.” They cite increase in foreign reserves from $24 billion in 2016 to $34 billion in 2017, rise in crude oil production to about 2 million barrels a day, World Bank’s “Ease of Doing Business Report” of 2017 which showed that Nigeria had progressed 24 places to 145th, improvement in rice production and modest gains of the Economic Recovery and Growth Plan (ERGP) launched by the administration to ensure continuous improvement of the economy.
Now, juxtapose these claims with the situation before May 29, 2015: after being rebased by the Jonathan administration, Nigeria’s economy was adjudged the largest in Africa and 24th in the world. According to “CNN Money”, a flagship economic, financial and monetary analysis programme of the Cable News Network (CNN), Nigeria’s economy was the third fastest growing economy in the world, bettered only by China and Qatar, whereas the British government claimed it was the fourth.
A World Bank Investment Report prepared by the United Nations Conference on Trade and Development (UNCTAD) projected Nigeria as the number one destination for foreign direct investment in Africa. Added to all this are about $30 billion in foreign reserves, $5.6 billion dividends from Nigeria Liquefied Gas Co. Ltd, and a budget of over N4 trillion inherited from the outgone Jonathan government by the incoming Buhari administration. It should also be pointed out that when APC took over power, the official pump price of fuel was N87 per litre, the exchange rate was N199 to one $1, while data from the Nigerian Bureau of Statistics put inflation rate at a single digit.
The foregoing seems to contradict claims by Buhari and his party stalwarts that Nigeria’s economy had virtually collapsed by the time he took over. In fact, in some areas the economy seems to be getting worse now. For example, the Nigerian sank into recession in 2016. That same year, according to information from Bloomberg L.P., a privately owned software, data and media company headquartered in Midtown Manhattan, New York, the naira was the fourth worst performing currency in the world, having lost more than one hundred percent of its value in 2014.
Current estimates of job losses since APC came to power range from 3 to 7 million, mostly due to retrenchment of workers and closure of thousands of manufacturing firms and other enterprises in the real sector. Perhaps President Muhammadu Buhari and his team are trying their best to improve the economy. However, there is no clear evidence that their policies are working.
The welfare of ordinary Nigerians has not improved significantly in the last three years, which leads me to the question: if the improvement Lai Mohammed and others are talking about is real, why are more and more experiencing increasing hardship than they did before June 2015? Certainly, the President and his lieutenants are not listening to the masses, the voiceless millions who are weighed down by double digit inflation, worsening insecurity and the psychological trauma of failed hope on the President as the messiah.
Objectively considered, the economic policies of this government are inappropriate for our current circumstances, a fact reiterated by an ardent supporter of the President, Dr. Dele Sobowale, and Bill Gates, one of the richest men in the world. Millions of ordinary Nigerians feel alienated economically from the government because they are becoming poorer, hungrier, more insecure, destitute and disillusioned about the future.
I, like others bearing the burdens of incompetent leadership, trying so hard to eke out a living with low income worsened by the depreciating value of the naira, do not need an expert to inform us that our economic fortunes in the last three years have nose-dived such that “changing the change” is increasingly becoming an attractive proposition.

By allowing you to rig election so that you can continue to unleash hardship on Nigerians?

The international community should never allow you rig this election because they bear the brunt of Buhari's bad governance!

All those RECs should be very careful o. Otherwise, mob action awaits them!



Nigerians are angry ooo

Do your job jejely without bias! Nigerians are not fools. They gave Buhari and APC a chance to better the country but Buhari failed woefully! So, if Nigerians have decided to change them, INEC, RECs and security agencies should respect that. Don't draw us back from the progress we made in our electoral process in 2015.


A word is enough for the wise

APC should give peace a chance in this election! It is not a must for them to win. They goofed when they decided to give their presidential ticket to Buhari despite his obvious failure! What stopped them from fielding someone else that would be acceptable to all Nigerians

They should take a chill pill, go back to the drawing board and put their house in order.
Nigerians that gave them the opportunity in 2015 can still vote them again if PDP fails.

They should go and build grassroots support especially in the southeast where they are not even known in some local governments ( mine inclusive).

Murderers in APC have struck again!

Evil party killing their members!

Murderers in APC have struck again!

Anybody who thinks Buhari is not corrupt is living in fool's paradise!!!



Demystification of President Muhammadu Buhari (3)
ON April 15, 2018 12:04 AM / IN
Perspective From Both Side Of The Atlantic / Comments
By Douglas Anele
The question that arises now is: how did retired Maj. Gen. Muhammadu Buhari manage the Petroleum (Special) Trust Fund (PTF)? A detailed analysis published in Newswatch magazine of March 24, 2000, reveals sordid information about how the fund was allegedly systematically mismanaged.
Aside from the fact that an estimated 75% of PTF projects were cited in the north, its achievements were overshadowed by massive waste and corruption.
Remember, the total income that accrued to the fund in its five years of existence was over N146 billion, meant for special intervention in basic infrastructure, supply of essential materials and rehabilitation of health and educational facilities, among others.
The first blunder Buhari committed as the executive chairman of PTF was his unilateral appointment of a private firm, Afri-Projects Consortium (APC), as the sole adviser and management consultant to the fund.
Buhari
The investigative Interim Management Committee (IMC-PTF) set up by Chief Olusegun Obasanjo, headed by Haroun Adamu, discovered that not only did Buhari delegate most of his powers to the APC, it also confirmed that the consortium overcharged the fund for its services to the tune of N2 billion. One of the critical areas of intervention in the health sector handled by the company was PTF’s programme for the control and eradication of HIV/AIDS, where it allegedly imported sub-standard, poorly packaged, poorly stored, expired or soon to expire treatment kits and drugs.
Indeed, because of APC’s unprofessional handling of the programme, the federal government spent over N500 million to stock big silos of useless drugs and kits purchased at inflated prices. At the time, late governor Abubakar Audu of Kogi state, Dr. Rowland Ogbonna, secretary of the Nigerian Guild of Medical Directors, and Omololu Falabi, coordinator of Journalists Against Aids (JAAIDS), insisted that unless all PTF supplied drugs were withdrawn Nigerians are at a high risk of consuming expired and fake drugs.
Other cases of mismanagement of public funds include the purchase of large quantities of spectacle frames sold N800 each locally for N1,900, resulting in government paying N45 million extra, and ambulances that normally costs N3 million per unit were purchased at the grossly inflated price of N13 million, leading to a loss of N900 million. In all the areas that PTF was expected to carry out its interventionist mandate, Obasanjo’s interim committee concluded that there had been massive fraud or criminal mismanagement of funds belonging to the PTF.
Indeed, Haroun Adamu reportedly complained that before his committee began its assignment, N500 million belonging to the fund and lodged in a bank had been withdrawn by unidentified persons. Overall, of the N146 billion PTF received from government, the staggering sum of N25 billion was either stolen or improperly spent on dubious goods and services.
Of course, APC denied any wrongdoing: the company issued a statement in which it claimed that its members were people of impeccable character who had undertaken several national and international assignments during and after the PTF years. Similarly, Buhari, when confronted with allegations of mismanagement of PTF’s funds, affirmed that he was unaware of it and as such could not have benefited personally from what happened.
But does his denial hold water? Assuming that he did not benefit from the corruption, was he so insular or alienated from what was going on in PTF that he had no idea about corruption there? In any case, as we noted earlier, he approved the appointment of APC and delegated virtually all his executive powers to the consortium. Moreover, it is alleged that Buhari himself ratified all recommended payments from the fund.
Therefore, because the buck stopped at his table, Muhammadu Buhari cannot be completely exonerated from the mismanagement in PTF if the findings of the interim committee reflected the true situation.
Now, what happened to the final report of the committee? If the report contained details of gross mismanagement and corruption as reported in the media, why was Buhari not invited to give account of his stewardship? If Obasanjo was really sincere in setting up the investigative winding down committee, if he really wanted to know the truth about how PTF was managed and punish anyone found guilty of improper conduct, why was he eager to exonerate Buhari completely from blame?
The answer to the last question is: Muhammadu Buhari is one of the so-called sacred cows or untouchables alongside other former military heads of state who appear to be above the law. Besides, putting him in the hot seat might unearth facts that could tarnish his reputation for integrity and incorruptibility.
Those that voted for Buhari on the conviction that he would improve the economy were hoodwinked by the persistent narrative of integrity and incorruptibility from Buharimaniacs: they did not reckon with his track record both as a military head of state and executive chairman PTF to arrive at a more realistic and rational estimate of what he can achieve in that critical area of our national life. Moreover, Buhari seems averse to accepting responsibility especially when things go wrong under his watch.
According to President Buhari and his lieutenants the immediate past government left the economy in shambles, but now, owing to diligent management the economic outlook is “looking up.” They cite increase in foreign reserves from $24 billion in 2016 to $34 billion in 2017, rise in crude oil production to about 2 million barrels a day, World Bank’s “Ease of Doing Business Report” of 2017 which showed that Nigeria had progressed 24 places to 145th, improvement in rice production and modest gains of the Economic Recovery and Growth Plan (ERGP) launched by the administration to ensure continuous improvement of the economy.
Now, juxtapose these claims with the situation before May 29, 2015: after being rebased by the Jonathan administration, Nigeria’s economy was adjudged the largest in Africa and 24th in the world. According to “CNN Money”, a flagship economic, financial and monetary analysis programme of the Cable News Network (CNN), Nigeria’s economy was the third fastest growing economy in the world, bettered only by China and Qatar, whereas the British government claimed it was the fourth.
A World Bank Investment Report prepared by the United Nations Conference on Trade and Development (UNCTAD) projected Nigeria as the number one destination for foreign direct investment in Africa. Added to all this are about $30 billion in foreign reserves, $5.6 billion dividends from Nigeria Liquefied Gas Co. Ltd, and a budget of over N4 trillion inherited from the outgone Jonathan government by the incoming Buhari administration. It should also be pointed out that when APC took over power, the official pump price of fuel was N87 per litre, the exchange rate was N199 to one $1, while data from the Nigerian Bureau of Statistics put inflation rate at a single digit.
The foregoing seems to contradict claims by Buhari and his party stalwarts that Nigeria’s economy had virtually collapsed by the time he took over. In fact, in some areas the economy seems to be getting worse now. For example, the Nigerian sank into recession in 2016. That same year, according to information from Bloomberg L.P., a privately owned software, data and media company headquartered in Midtown Manhattan, New York, the naira was the fourth worst performing currency in the world, having lost more than one hundred percent of its value in 2014.
Current estimates of job losses since APC came to power range from 3 to 7 million, mostly due to retrenchment of workers and closure of thousands of manufacturing firms and other enterprises in the real sector. Perhaps President Muhammadu Buhari and his team are trying their best to improve the economy. However, there is no clear evidence that their policies are working.
The welfare of ordinary Nigerians has not improved significantly in the last three years, which leads me to the question: if the improvement Lai Mohammed and others are talking about is real, why are more and more experiencing increasing hardship than they did before June 2015? Certainly, the President and his lieutenants are not listening to the masses, the voiceless millions who are weighed down by double digit inflation, worsening insecurity and the psychological trauma of failed hope on the President as the messiah.
Objectively considered, the economic policies of this government are inappropriate for our current circumstances, a fact reiterated by an ardent supporter of the President, Dr. Dele Sobowale, and Bill Gates, one of the richest men in the world. Millions of ordinary Nigerians feel alienated economically from the government because they are becoming poorer, hungrier, more insecure, destitute and disillusioned about the future.
I, like others bearing the burdens of incompetent leadership, trying so hard to eke out a living with low income worsened by the depreciating value of the naira, do not need an expert to inform us that our economic fortunes in the last three years have nose-dived such that “changing the change” is increasingly becoming an attractive proposition.

Vote buyers!
Una own don finish!

izaray:
That is what you see when their family members are no involve my dear. Rest in peace to the death

Honestly! This is so painful!

Some people here think that I'm paid by PDP to campaign for them online, but the truth is that I'm not paid a dime by anybody!

I'm just angry with this Buhari's government for all the sufferings and hardship Nigerians are going through!

All those supporting Buhari are simply people without conscience who don't care what others are going through just because of their selfish political gains. It's quite unfortunate!

This is what we have been saying!

Buhari's government is an evil one on a vendetta to finish the people of the in north central! Yet some unscrupulous foools still want to foist Buhari on us to continue the killing!

Their downfall is on Saturday!

Why are they afraid of the PVT??

Even without being president, Atiku has many Nigerians in his employ while sponsoring many others in schools both in Nigeria and abroad! Let alone when he becomes president!

How many people is the lifeless one training in school or how many are on his employ in private capacity??

Chukwurah003:
Let us pray....
Back to sender Atiku! I say back to sender Atiku!!!
Back to sender Atiku! I say back to sender with your evil plans Atiku!!!
Back to sender Atiku! Your plans to reverse Nigeria’s economic growth shall not see the light of the day Atiku!!! Your plans to improverish Nigerians again will turn you and your band of thieves into beggars in the name of Jesus!
Back to sender in the name of Jesus!! We bind you and your fellow thieves!!! Atiku back to sender in Jesus name!!! Amen!!!! Now say after me: “our future is bright because we are free from Atiku”. Amen!!! God has removed every Atiku from our lives. Remain blessed.

You are OYO!

Everybody is Atikulating!

##

Be more wary of Buhari: The Wolf In Sheep's Clothing!

Nigerians! Buhari is a bigger thief!


Demystification of President Muhammadu Buhari (3)
ON April 15, 2018 12:04 AM / IN
Perspective From Both Side Of The Atlantic / Comments
By Douglas Anele
The question that arises now is: how did retired Maj. Gen. Muhammadu Buhari manage the Petroleum (Special) Trust Fund (PTF)? A detailed analysis published in Newswatch magazine of March 24, 2000, reveals sordid information about how the fund was allegedly systematically mismanaged.
Aside from the fact that an estimated 75% of PTF projects were cited in the north, its achievements were overshadowed by massive waste and corruption.
Remember, the total income that accrued to the fund in its five years of existence was over N146 billion, meant for special intervention in basic infrastructure, supply of essential materials and rehabilitation of health and educational facilities, among others.
The first blunder Buhari committed as the executive chairman of PTF was his unilateral appointment of a private firm, Afri-Projects Consortium (APC), as the sole adviser and management consultant to the fund.
Buhari
The investigative Interim Management Committee (IMC-PTF) set up by Chief Olusegun Obasanjo, headed by Haroun Adamu, discovered that not only did Buhari delegate most of his powers to the APC, it also confirmed that the consortium overcharged the fund for its services to the tune of N2 billion. One of the critical areas of intervention in the health sector handled by the company was PTF’s programme for the control and eradication of HIV/AIDS, where it allegedly imported sub-standard, poorly packaged, poorly stored, expired or soon to expire treatment kits and drugs.
Indeed, because of APC’s unprofessional handling of the programme, the federal government spent over N500 million to stock big silos of useless drugs and kits purchased at inflated prices. At the time, late governor Abubakar Audu of Kogi state, Dr. Rowland Ogbonna, secretary of the Nigerian Guild of Medical Directors, and Omololu Falabi, coordinator of Journalists Against Aids (JAAIDS), insisted that unless all PTF supplied drugs were withdrawn Nigerians are at a high risk of consuming expired and fake drugs.
Other cases of mismanagement of public funds include the purchase of large quantities of spectacle frames sold N800 each locally for N1,900, resulting in government paying N45 million extra, and ambulances that normally costs N3 million per unit were purchased at the grossly inflated price of N13 million, leading to a loss of N900 million. In all the areas that PTF was expected to carry out its interventionist mandate, Obasanjo’s interim committee concluded that there had been massive fraud or criminal mismanagement of funds belonging to the PTF.
Indeed, Haroun Adamu reportedly complained that before his committee began its assignment, N500 million belonging to the fund and lodged in a bank had been withdrawn by unidentified persons. Overall, of the N146 billion PTF received from government, the staggering sum of N25 billion was either stolen or improperly spent on dubious goods and services.
Of course, APC denied any wrongdoing: the company issued a statement in which it claimed that its members were people of impeccable character who had undertaken several national and international assignments during and after the PTF years. Similarly, Buhari, when confronted with allegations of mismanagement of PTF’s funds, affirmed that he was unaware of it and as such could not have benefited personally from what happened.
But does his denial hold water? Assuming that he did not benefit from the corruption, was he so insular or alienated from what was going on in PTF that he had no idea about corruption there? In any case, as we noted earlier, he approved the appointment of APC and delegated virtually all his executive powers to the consortium. Moreover, it is alleged that Buhari himself ratified all recommended payments from the fund.
Therefore, because the buck stopped at his table, Muhammadu Buhari cannot be completely exonerated from the mismanagement in PTF if the findings of the interim committee reflected the true situation.
Now, what happened to the final report of the committee? If the report contained details of gross mismanagement and corruption as reported in the media, why was Buhari not invited to give account of his stewardship? If Obasanjo was really sincere in setting up the investigative winding down committee, if he really wanted to know the truth about how PTF was managed and punish anyone found guilty of improper conduct, why was he eager to exonerate Buhari completely from blame?
The answer to the last question is: Muhammadu Buhari is one of the so-called sacred cows or untouchables alongside other former military heads of state who appear to be above the law. Besides, putting him in the hot seat might unearth facts that could tarnish his reputation for integrity and incorruptibility.
Those that voted for Buhari on the conviction that he would improve the economy were hoodwinked by the persistent narrative of integrity and incorruptibility from Buharimaniacs: they did not reckon with his track record both as a military head of state and executive chairman PTF to arrive at a more realistic and rational estimate of what he can achieve in that critical area of our national life. Moreover, Buhari seems averse to accepting responsibility especially when things go wrong under his watch.
According to President Buhari and his lieutenants the immediate past government left the economy in shambles, but now, owing to diligent management the economic outlook is “looking up.” They cite increase in foreign reserves from $24 billion in 2016 to $34 billion in 2017, rise in crude oil production to about 2 million barrels a day, World Bank’s “Ease of Doing Business Report” of 2017 which showed that Nigeria had progressed 24 places to 145th, improvement in rice production and modest gains of the Economic Recovery and Growth Plan (ERGP) launched by the administration to ensure continuous improvement of the economy.
Now, juxtapose these claims with the situation before May 29, 2015: after being rebased by the Jonathan administration, Nigeria’s economy was adjudged the largest in Africa and 24th in the world. According to “CNN Money”, a flagship economic, financial and monetary analysis programme of the Cable News Network (CNN), Nigeria’s economy was the third fastest growing economy in the world, bettered only by China and Qatar, whereas the British government claimed it was the fourth.
A World Bank Investment Report prepared by the United Nations Conference on Trade and Development (UNCTAD) projected Nigeria as the number one destination for foreign direct investment in Africa. Added to all this are about $30 billion in foreign reserves, $5.6 billion dividends from Nigeria Liquefied Gas Co. Ltd, and a budget of over N4 trillion inherited from the outgone Jonathan government by the incoming Buhari administration. It should also be pointed out that when APC took over power, the official pump price of fuel was N87 per litre, the exchange rate was N199 to one $1, while data from the Nigerian Bureau of Statistics put inflation rate at a single digit.
The foregoing seems to contradict claims by Buhari and his party stalwarts that Nigeria’s economy had virtually collapsed by the time he took over. In fact, in some areas the economy seems to be getting worse now. For example, the Nigerian sank into recession in 2016. That same year, according to information from Bloomberg L.P., a privately owned software, data and media company headquartered in Midtown Manhattan, New York, the naira was the fourth worst performing currency in the world, having lost more than one hundred percent of its value in 2014.
Current estimates of job losses since APC came to power range from 3 to 7 million, mostly due to retrenchment of workers and closure of thousands of manufacturing firms and other enterprises in the real sector. Perhaps President Muhammadu Buhari and his team are trying their best to improve the economy. However, there is no clear evidence that their policies are working.
The welfare of ordinary Nigerians has not improved significantly in the last three years, which leads me to the question: if the improvement Lai Mohammed and others are talking about is real, why are more and more experiencing increasing hardship than they did before June 2015? Certainly, the President and his lieutenants are not listening to the masses, the voiceless millions who are weighed down by double digit inflation, worsening insecurity and the psychological trauma of failed hope on the President as the messiah.
Objectively considered, the economic policies of this government are inappropriate for our current circumstances, a fact reiterated by an ardent supporter of the President, Dr. Dele Sobowale, and Bill Gates, one of the richest men in the world. Millions of ordinary Nigerians feel alienated economically from the government because they are becoming poorer, hungrier, more insecure, destitute and disillusioned about the future.
I, like others bearing the burdens of incompetent leadership, trying so hard to eke out a living with low income worsened by the depreciating value of the naira, do not need an expert to inform us that our economic fortunes in the last three years have nose-dived such that “changing the change” is increasingly becoming an attractive proposition.

densel:
Seeing this topic gave me tears and goose bumps. Are you ready to read? Don't say l didn't warn you.
Background:
I was an importer of medical equipments from China. I made a monthly sales of 80 to 110 pcs. That's about 1.8million to 2.5million in sales monthly. Take home is bt 750k and 1m each month.

The new sheriff in town came in and sales dropped from 100 to 60 to 30 to 10 to 7 to 0. Yes 0 sales for 3 consecutive months then 7 PC's the month after and another 0 for 3 consecutive months again.

My woes: 2017
Couldn't pay rent no more. Sold off the car to fix just one room in our uncompleted building. Moved into a sandy house. Son dropped out of school, we couldn't feed, my dad would give me 3k weekly, wifey was pregnant. We all started looking malnorished.(tears rolling down my chick)

2018:
Stayed at home jobless for the better part of 2 year. Hire a 2 by 4 shop to sell 2nd hand shoes. Borrowed 100k from cooperative to pay 12k monthly for 10 months in the tick of the recession. Frustration set in when the shoes didn't sell and began to spoiled one by one in my shop. In frustration, l abandoned the shoes + 6 months rent to my landlady.

Borrowed 400k this time to buy a bus T4 Volkswagen product nija used. Drove it myself. It worked for 2 months (or so l thought). Eventually wanted to send my to my early grave. It will produce 9k and gulp double the amount, produce 4k and gulp 15. At a point it stopped bringing in money for 3 months and instead set my back by 100k in debts. Again frustration came knocking. I had enough when it kept me resuming by 8am in a mechanic work shop and retiring by 7pm like a banker for good 14 days. I quit. Sold it for half the price..... 200k. Debts deepened..... neck deep in debts......emotional now.....can't continue..... sorry

Chai! This is really touchy!

And some unscrupulous foools still want to vote for Buhari

I'm still asking o

Afospecialk:


VOTING FOR Atiku AND PDP IS LIKE COMMITTING POLITICAL AND ECONOMIC SUICIDE



Atiku PLS LEAVE NIGERIA ALONE AND GO BACK TO CAMEROON

8 YEARS OF Atiku IN OFFICE HE ONLY USED IT TO SELLOFF OVER 100 NIGERIA ECONOMIC ASSETS AND LOOTER HALF OF THE MONEY


Atiku AND PDP AGENDAS ARE

1)TO SELLOFF OUR MAJOR ECONOMIC RESOURCES
2)PUT NAIRA ON FREE FLOW
3)GRANT AMNESTY TO CRIMINALS
4)ENSLAVE NIGERIANS TO HIS AMERICAN BOSSES
5)ENRICH HIS FRIENDS WITH NIGERIA TREASURY



OPERATIONS SAY NO TO CHIEF THIEF Atiku

Demystification of President Muhammadu Buhari (3)
ON April 15, 2018 12:04 AM / IN
Perspective From Both Side Of The Atlantic / Comments
By Douglas Anele
The question that arises now is: how did retired Maj. Gen. Muhammadu Buhari manage the Petroleum (Special) Trust Fund (PTF)? A detailed analysis published in Newswatch magazine of March 24, 2000, reveals sordid information about how the fund was allegedly systematically mismanaged.
Aside from the fact that an estimated 75% of PTF projects were cited in the north, its achievements were overshadowed by massive waste and corruption.
Remember, the total income that accrued to the fund in its five years of existence was over N146 billion, meant for special intervention in basic infrastructure, supply of essential materials and rehabilitation of health and educational facilities, among others.
The first blunder Buhari committed as the executive chairman of PTF was his unilateral appointment of a private firm, Afri-Projects Consortium (APC), as the sole adviser and management consultant to the fund.
Buhari
The investigative Interim Management Committee (IMC-PTF) set up by Chief Olusegun Obasanjo, headed by Haroun Adamu, discovered that not only did Buhari delegate most of his powers to the APC, it also confirmed that the consortium overcharged the fund for its services to the tune of N2 billion. One of the critical areas of intervention in the health sector handled by the company was PTF’s programme for the control and eradication of HIV/AIDS, where it allegedly imported sub-standard, poorly packaged, poorly stored, expired or soon to expire treatment kits and drugs.
Indeed, because of APC’s unprofessional handling of the programme, the federal government spent over N500 million to stock big silos of useless drugs and kits purchased at inflated prices. At the time, late governor Abubakar Audu of Kogi state, Dr. Rowland Ogbonna, secretary of the Nigerian Guild of Medical Directors, and Omololu Falabi, coordinator of Journalists Against Aids (JAAIDS), insisted that unless all PTF supplied drugs were withdrawn Nigerians are at a high risk of consuming expired and fake drugs.
Other cases of mismanagement of public funds include the purchase of large quantities of spectacle frames sold N800 each locally for N1,900, resulting in government paying N45 million extra, and ambulances that normally costs N3 million per unit were purchased at the grossly inflated price of N13 million, leading to a loss of N900 million. In all the areas that PTF was expected to carry out its interventionist mandate, Obasanjo’s interim committee concluded that there had been massive fraud or criminal mismanagement of funds belonging to the PTF.
Indeed, Haroun Adamu reportedly complained that before his committee began its assignment, N500 million belonging to the fund and lodged in a bank had been withdrawn by unidentified persons. Overall, of the N146 billion PTF received from government, the staggering sum of N25 billion was either stolen or improperly spent on dubious goods and services.
Of course, APC denied any wrongdoing: the company issued a statement in which it claimed that its members were people of impeccable character who had undertaken several national and international assignments during and after the PTF years. Similarly, Buhari, when confronted with allegations of mismanagement of PTF’s funds, affirmed that he was unaware of it and as such could not have benefited personally from what happened.
But does his denial hold water? Assuming that he did not benefit from the corruption, was he so insular or alienated from what was going on in PTF that he had no idea about corruption there? In any case, as we noted earlier, he approved the appointment of APC and delegated virtually all his executive powers to the consortium. Moreover, it is alleged that Buhari himself ratified all recommended payments from the fund.
Therefore, because the buck stopped at his table, Muhammadu Buhari cannot be completely exonerated from the mismanagement in PTF if the findings of the interim committee reflected the true situation.
Now, what happened to the final report of the committee? If the report contained details of gross mismanagement and corruption as reported in the media, why was Buhari not invited to give account of his stewardship? If Obasanjo was really sincere in setting up the investigative winding down committee, if he really wanted to know the truth about how PTF was managed and punish anyone found guilty of improper conduct, why was he eager to exonerate Buhari completely from blame?
The answer to the last question is: Muhammadu Buhari is one of the so-called sacred cows or untouchables alongside other former military heads of state who appear to be above the law. Besides, putting him in the hot seat might unearth facts that could tarnish his reputation for integrity and incorruptibility.
Those that voted for Buhari on the conviction that he would improve the economy were hoodwinked by the persistent narrative of integrity and incorruptibility from Buharimaniacs: they did not reckon with his track record both as a military head of state and executive chairman PTF to arrive at a more realistic and rational estimate of what he can achieve in that critical area of our national life. Moreover, Buhari seems averse to accepting responsibility especially when things go wrong under his watch.
According to President Buhari and his lieutenants the immediate past government left the economy in shambles, but now, owing to diligent management the economic outlook is “looking up.” They cite increase in foreign reserves from $24 billion in 2016 to $34 billion in 2017, rise in crude oil production to about 2 million barrels a day, World Bank’s “Ease of Doing Business Report” of 2017 which showed that Nigeria had progressed 24 places to 145th, improvement in rice production and modest gains of the Economic Recovery and Growth Plan (ERGP) launched by the administration to ensure continuous improvement of the economy.
Now, juxtapose these claims with the situation before May 29, 2015: after being rebased by the Jonathan administration, Nigeria’s economy was adjudged the largest in Africa and 24th in the world. According to “CNN Money”, a flagship economic, financial and monetary analysis programme of the Cable News Network (CNN), Nigeria’s economy was the third fastest growing economy in the world, bettered only by China and Qatar, whereas the British government claimed it was the fourth.
A World Bank Investment Report prepared by the United Nations Conference on Trade and Development (UNCTAD) projected Nigeria as the number one destination for foreign direct investment in Africa. Added to all this are about $30 billion in foreign reserves, $5.6 billion dividends from Nigeria Liquefied Gas Co. Ltd, and a budget of over N4 trillion inherited from the outgone Jonathan government by the incoming Buhari administration. It should also be pointed out that when APC took over power, the official pump price of fuel was N87 per litre, the exchange rate was N199 to one $1, while data from the Nigerian Bureau of Statistics put inflation rate at a single digit.
The foregoing seems to contradict claims by Buhari and his party stalwarts that Nigeria’s economy had virtually collapsed by the time he took over. In fact, in some areas the economy seems to be getting worse now. For example, the Nigerian sank into recession in 2016. That same year, according to information from Bloomberg L.P., a privately owned software, data and media company headquartered in Midtown Manhattan, New York, the naira was the fourth worst performing currency in the world, having lost more than one hundred percent of its value in 2014.
Current estimates of job losses since APC came to power range from 3 to 7 million, mostly due to retrenchment of workers and closure of thousands of manufacturing firms and other enterprises in the real sector. Perhaps President Muhammadu Buhari and his team are trying their best to improve the economy. However, there is no clear evidence that their policies are working.
The welfare of ordinary Nigerians has not improved significantly in the last three years, which leads me to the question: if the improvement Lai Mohammed and others are talking about is real, why are more and more experiencing increasing hardship than they did before June 2015? Certainly, the President and his lieutenants are not listening to the masses, the voiceless millions who are weighed down by double digit inflation, worsening insecurity and the psychological trauma of failed hope on the President as the messiah.
Objectively considered, the economic policies of this government are inappropriate for our current circumstances, a fact reiterated by an ardent supporter of the President, Dr. Dele Sobowale, and Bill Gates, one of the richest men in the world. Millions of ordinary Nigerians feel alienated economically from the government because they are becoming poorer, hungrier, more insecure, destitute and disillusioned about the future.
I, like others bearing the burdens of incompetent leadership, trying so hard to eke out a living with low income worsened by the depreciating value of the naira, do not need an expert to inform us that our economic fortunes in the last three years have nose-dived such that “changing the change” is increasingly becoming an attractive proposition.

Source: vanguard

Balyz:
As a core northerner myself I will have to disagree with your proposition on this matter. Unlike you and your likes, we do not support corrupt politicians who are from our region. A tiki Is perceived as being corrupt, and we are going to vote for him because he's one of our own. By the way I'm from Adamawa state and Buhari has my vote

I went through your posts and they were filled with hates!
Hatred will not let you open your eyes now until you shoot yourself on the foot!
How you quickly believed corruption allegations against Atiku baffles me.
Any decision taken with hateful mind always backfires!

Meanwhile you are just one of the few that'll waste their votes on a complete failure called Buhari.

Afospecialk:


MY FELLOW NIGERIANS LET'S ASK OURSELVES



1) DID NIGERIA EVER IMPROVE OR MOVE FORWARD IN ANY ASPECT UNDER PDP SINCE 1999?
2) DID ANY PDP AGENDA TO MAKE NIGERIA A GREAT NATION EVER WORK FOR US SINCE 1999?
3) IS THERE ANY RECORD OF ANY SUBSTANTIAL ACHIEVEMENT OF Atiku AS VICE-PRESIDENT THAT WE CAN BE PROUD OF ?


VOTING FOR Atiku AND PDP AGAIN IS LIKE COMMITTING POLITICAL AND ECONOMIC SUICIDE

Atiku PLS LEAVE NIGERIA ALONE AND GO BACK TO CAMEROON


8 YEARS OF Atiku IN OFFICE HE SOLD OVER 100 NIGERIA ECONOMIC ASSETS AND LOOTED ALMOST HALF OF THE MONEY THATS WHY OBJ WAS NOT HAPPY WITH HIM


Atiku AND PDP AGENDAS ARE

1)TO SELLOFF OUR MAJOR ECONOMIC RESOURCES
2)PUT NAIRA ON FREE FLOW
3)GRANT AMNESTY TO CRIMINALS
4)ENSLAVE NIGERIANS TO HIS AMERICAN BOSSES
5)ENRICH HIS FRIENDS WITH NIGERIA TREASURY





OPERATION SAY NO TO PDP & CHIEF THIEF Atiku

Stop the lies! PDP put in place most of the developmental projects we have in Nigeria today. All the institutions of government we have today were created by PDP viz EFCC, ICPC, INEC, NHIS, etc
The little electricity we have today wade possible by PDP governments through the building of many independent power plants.
Our economy was much better under PDP government than what we have today.

Despite coming from the era of military dictatorship and with very low oil prizes, PDP's first 4yrs in office recorded more developmental strides than this clueless Buhari government

I'm still asking, what changed??!