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 Politics › Re: President Goodluck Jonathan's Stewardship In Retrospect by jpphilips(op): 11:26pm On Dec 21, 2014 |
nduchucks:You have my unfettered permission to distribute as you like, Jonathan has murdered the dreams of our heroes past. 31 Likes 2 Shares |
| Politics › Re: This Was How President Jonathan Met Our Railway System (Pictures) by jpphilips(m): 11:23pm On Dec 21, 2014*. Modified: 5:20pm On Dec 22, 2014 |
Themandator:Do you know who the current OPEC chairman is?? guess?? HE Abdourhman Ataher Al- Ahirish, Libyan Vice Prime Minister for Corporations . On the OPEC table, Libya presents a paltry 1.5mbbls/day, Nigeria puts a whooping 2.5mbbls/day now that is a capacity that cannot be ignored. A head of state of a country like Nigeria should make OPEC chairmanship paramount on his foreign policy list, that is the brilliance you cannot get from Jonathan, to him, his politics starts with Bamangar Tukur and ends with Amaechi, that is the petty politics that pre occupies his mind. He forgets that the fate of Nigeria, politically and economically lies on international politics not petty politics. Back to OPEC, if Libya could get the OPEC seat, why not Nigeria? is it rocket science? of course, for a dumb Jonathan administration, it is indeed a herculean task but I tell you this day, it is not with a positive political will. About Saudi, well, they are the highest OPEC producer and an important ally of the west, however, as it stands today, The USA is producing highest in the world above Saudi and Russia what it means is that it will get to a point where USA will not need them anymore except for being the middle east police, a job Israel is doing very well which leaves the USA with options. Now to the politics The USA wants oil price down, a single weapon that will humble Putin and downgrade ISIS, you know that ISIS makes as much $2b from oil sales stolen from Iraq and Syria oil fields. to achieve that, the USA needs OPEC who by antecedent has been uncoporative but an ally like Saudi and being the highest producer in OPEC seems to be playing along this time. The Saudi interest: With a foreign reserve of over $780b Saudi believes they can weather this present storm for a pretty long time, conversely, looking at Saudi's 2015 budget who pegged their oil benchmark at $80 there is no doubt they will run a budget deficit. Saudi sees the US shale oil as big threat that will most likely push away their North American clients, to them they will like the price to drop to $50/bbl, which will make shale oil unattractive. It costs between $50 to $60 to produce shale oil, at a price below $70, Shale oil will become unattractive to the American private sector, they will no longer have the capacity to service their exploratory loans, bad debt will ensue and finally will pull out, returning the market to status quo. that is Saudi's long term strategy. My annoyance is this; why does Nigeria a big player in OPEC, with the lightest crude therein, bereft of any strategy in the face of this crisis? Whether my plan will work? well, just recently , Libya declared a force ma jeure on their biggest oil field that action cut out 1mbbls from the market, the price effect was a jump from $54 to $63 in just 18hrs, imagine what will happen if 2.5mbbls was withdrawn? it is no rocket science but common sense. people argue on the contrary that a cut in production will embolden the OPEC rivals to increase production, that theory is subjective, because for every barrel you pump, there is an associated cost to it, therefore, the more they pump to saturate the market, the price will crash further at a point, it will no longer be profitable and both the left and right wing interest groups don't want that to happen. The shale oil causing all this wahala, is only profitable above $65, how much loses will Exxon incur below $60 before they close down their Shale oil field in Colorado? The Shale oil field in Texas is only profitable above $75, what it means is that if OPEC withdraws production and the price jumps to $75-$80, countries like Nigeria will recover from budget deficit while the oil fields in Texas will not dare pump further for fear of rendering their oil useless. Where Jonathan failed Nigerians Immediately US started their shale production enmasse, Jonathan would have a comprehensive foreign policy to strategically position Allison Madueke as the next OPEC chairlady at all cost. On that seat, we can influence a significant cut in OPEC output which stands today at 40% of world's total oil production ofcourse, with the support of other members whose economies are negatively affected. But for a clueless soul who have enthroned his personal interest above national interest, a man who knows nothing about strategies that will likely make or mar his economy, guess I and my fellow country men should live to bear the brunt. When buhari said he can do it, I have no doubt he is thinking what im thinking. 1 Like 3 Shares |
| Politics › Re: This Was How President Jonathan Met Our Railway System (Pictures) by jpphilips(m): 11:21pm On Dec 21, 2014*. Modified: 4:54pm On Dec 22, 2014 |
Deleted |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 5:34pm On Dec 21, 2014 |
onatisi:in case you have not noticed I base my observations and recommendations on facts alone not speculations and anecdotes. who told you Japan is sliding towards recession? (even if they are considering it that I doubt), has it got anything to do with fall in crude prices? you should compare like scenarios not just muddling up un researched instan ces, that is the dumbness of the Nigerian economic space, where a CBN gov will compare Nigerian oil and gas space with Saudi Arabia or compare telecom deregulation with the oil and gas down stream sector that is plain dumb. Most of you echo diversification of the economy but fail to realize that oil and gas where we have invested huge sums over 3 decades is still begging for diversification. why will you invest in Agriculture when you have not maximized the oil and gas investments you have on ground already? does it make sense? Where will you get the money to invest in agriculture when your reserves have either been stolen or diverted? Let me ask you, who is in a better position to bring Pat Utomi on board? Buhari or Jonathan? Even as bad as OBJ was he attracted technocrats who made positive impact on our economy, Prof. Soldo, iweala, Rilwanu Lukman, Dora Akunyili etc to mention a few. Jonathan managed to attract Prof Barth nnaji what did he do with him? This was an individual who as an individual generated 50MW of electricity on his own without any Govt patronage unlike Dangote and Innoson. He was the man that proposed the balkanization if the power sector and privatization by DISCOS, that was a brilliant move from an astute technocrat, just like soludo's consolidation exercise, Where is he today? Jonathan love to surround himself with mediocre and substandard human beings like Madueke, Where will the change come from? It is not about what the previous administrations before him did, it is about what he is doing wrongly that is bringing hardship to the Nigerian people. The past is gone, Jonathan is our today and his failure has left us with no future, remove him and secure your future if you care. 2 Likes 1 Share |
| Phones › Re: Why You Can Never Guess Correctly A Recharge Pin! by jpphilips(m): 1:19pm On Dec 21, 2014 |
Oyimzy:Permutation and combination 1 Like |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 1:16pm On Dec 21, 2014 |
onatisi:such a compliment, I need to make you understand that the biggest challenge Nigeria has is corruption and the buffoonery of the Nigerian populace, Look at elections world over, no Govt that performs this woefully will ever be returned, in Nigeria, they make excuses for failure. No policy works, no reform works, because the people are dumb, sorry you may be a diff Nigerian but the majority are so clueless. It is my civic duty to bring that to their notice, not an insult but a statement of fact, how can a sane person return a government with this track record and you dont see why I am furious? FELLOW NIGERIANS, IS THIS THE PRESIDENT YOU DESERVE? May the Judgment of God not befall us and our families if with our votes we deliberately return a Govt of Hunger, corruption and death to the Nigerian people. Kindly distribute through your BBM and Whatsapp contacts, enough is enough!! November 2014, Jonathan shocked Nigerians with the news that Boko haram has taken control of 6 towns in 4 LGA’s the height of incompetence in balkanizing the Nigerian state, a week later, Nigerians were blown away by series of austerity measures handed to them for their stupidity in 2011. The naira was devalued at the pretext of drop in oil prices but Nigerians never asked why the Naira never appreciated when the oil price was increasing? If the foreign reserve were not stolen, Nigeria would have weathered the storm for at least 6months like we did during the global melt down of 2004 and 2008, unfortunately, the incompetence of the Jonathan administration has brought grave consequence on the Nigerian people, Inflation and high cost of energy are likely consequences. According to Will Ross of the BBC “He said he hoped a parliamentary investigation would also find out why the country's Excess Crude Account had fallen from $11.5bn to under $2.5bn in a year - arguing that Nigeria's savings are a vital buffer against any drop in the global oil price and without this "rainy day" account, the economy is vulnerable and exposed. October 2014; Ladies and Gentlemen, the President of the Federal republic of Nigeria uses a militant Asari Dokubo for black market gun running, evident from the grounding and seizure of over $10m by the South African authorities. September, 2014, The Nigerian Government admitted ferrying over $10m in a private jet for arms procurement, where do we draw the line between money laundering and arms procurement? I asked myself about the recent helos that was delivered by Russia recently if it was purchased in the same manner, agree with me or not, Jonathan is neck deep not just in corruption but money laundering. August 2014: As a result of the unabated corruption in the Nigerian Military, Mutiny of July gave rise to Boko haram declaring a caliphate on Nigerian Soil, Gentlemen and Ladies, Jonathan Has once again made a history of Incompetence. Never in the history of Nigeria have we ceded territories to bandits. July 2014: saw a president who went to sleep while neighboring West African countries battled with the Ebola virus, his negligence paid off when Patrick Sawyer brought the deadly virus to Nigeria unabated. Since August 2012, when the Ebola outbreak began, The Nigerian govt had no single emergency response plan in place. $11m emergency fund and N480m budgeted for the control of infectious diseases in the 2013 budget never got to the Lagos state government, the Nigerian Ebola Epicenter. Still in June, we saw the worst abuse of his Royal majesties powers when he barred APC Governors from attending a rally in Ekiti state with soldiers, meanwhile Boko Haram is still having a field day in the North. The senate revealed to Nigerians how the president Mis appropriated over 685b kerosene subsidy fund May 2014: [/b]left us with this shocking statement “Jonathan, who was asked to comment on the allegations of corrupt practices leveled against some of his ministers, had said that nobody was above mistakes and that if he were to be acting based on reports on each of them, “no one will stay for more than six months in office.” [b]Mere stealing we call corruption" Still in the same month after the corrupt tales of embezzlement and diversion of military budget, the clueless one finally offered Amnesty to a terrorist group, the first of its kind, in the world. An Indication that the Jonathan’s administration is run by a den of thieves. April 2014: reminded us the climax of Jonathan’s administration where he went on a jamboree while book haram held over 200 young girls, hostage, April never ended before the Dizeani madueke’s 10billion naira scam reached a climax. March 2014: just before the centenary celebration where Abacha of all people was a beneficiary, scores of Innocent school children were murdered in Adamawa sate. Feb 2014: saw the illegal suspension of the CBN Gov.at a time the nation was in dire need of foreign direct investment, the Kidnap of the president’s foster father is a realistic score card on his strides on security. January 2014, a presidential committee was set up to investigate the October scandal of stella odua who came with a guilty verdict, yet she kept her job. December 2013: ushered the yuletide of Obasanjo’s “before it is too late”, several corruption allegations and the extremism of the Jonathan’s administration, the impunity of plundering the people’ s common wealth and the tenacity of talking drums like Abati who have earned a reputation in insulting the sensibilities of Nigerians.10 bullet proof vehicles purchased by DICON for its top brass November 2013: the CBN Governor raised an alarm that under Jonathan’s watch, the NNPC diverted $49billion dollars, fellow Nigerians, are we not tired of condoning corruption? October 2013: ushered a month of corruption coronation in Jonathan’s camp, where the Aviation minister coerced the NCAA to purchase 2 fairly used armored 2008 BMW to the tune of $800,000 each. September 2013: President Jonathan took a record breaking 600 men entourage for the UN General assembly in New york August 2013: After the billions of dollars spent in revamping the nation’s airports, skytrax world airport ranking for Africa showed Nigeria didn’t make it to top 10 in Africa neither did it make it top 100th place in the world. Whereas Ethiopia and Mauritania made it to position 9th and 8th respectively, what a shame. July 2013: transparency international rated Nigeria as the 8th most corrupt country in the world. June 2013: World Bank appraised him thus; “Nevertheless, improvements in social welfare indicators have been much slower than would be expected in the context of this growth. Poverty reduction and job creation have not kept pace with population growth, implying social distress for an increasing number of Nigerians. Progress toward the fulfillment of many of the Millennium Development Goals has been slow, and the country ranked 153 out of 186 countries in the 2013 United Nations Human Development Index” the World Bank said. May 2013: The president after wasting tax payer’s money on an entourage as long as the third mainland bridge went sleeping while his foreign affairs minister represented him in his presence during the AU summit in Addis ababa. Just outside President Goodluck Jonathan's office sat 17 ambulances, just in case he or one of his aides fell ill. They were seldom if ever used. No actual health-care facility nationwide had as many, and in fact a few still have none at all. But as soon as a Nigerian newspaper took a photo of the ambulances and published a story about them, they suddenly disappeared -- probably to an underground garage. March, 2013: we witnessed the height of moral bankruptcy when Mr President granted presidential pardon to the biggest criminal in the history of our democracy, Alamesigha to prepare him for a senatorial seat. February 2013: amidst the short fall in crude prices, the president smuggled into the 2013 budget a 2bn appropriation fund for the office of the first lady February 2013: the office of the presidency denied vehemently that the first lady was on vacation in Germany only for them to organize a survival party with tax payer’s money. Is this the kind of leader you want to hold to his words? In January 2013: the erst while madam due process and former minister for education challenged the charlatans of jonathans’ administration to a debate on accountability of $67b as expected, honorable cowards and pen thieves, absconded as usual November 2012: President Jonathan approved 2.2bn naira for the construction of a banquet hall in the villa. At a time our debt profile was all time high As commander in chief, he stood dumb while a military helicopter was used for "kabu-kabu" at oronto douglas father’s burial that error in judgment alone claimed the life of a sitting Governor. and the most brilliant NSA Nigeria has ever produced. October 2012: blatantly refusing to appeal the ICJ’s decision on ceding bakassi, thereby throwing Millions of Bakkasi indigenes into pandemonium refusing to cut down on foreign trips and cost of Governance, contrary to his Nationwide address of 7th Jan 2012. October 2012: Mr president’s administration spent 1.5 billion to patch the 3rd mainland bridge, 4 months later, triple of that amount was expended again on maintenance alone, Talk about waste and incompetence August 2012 : He said our foreign reserve is 42billion usd , is that not only on iweala's notepad? How can you have external debt of 48bn usd and come home to deceive us that we have reserves? How much services that 48bn plus interest annually? Nearly 25% of 48bn. August 2012: Under his watch militants earn 10% of the Nation's revenue, $22.5m, $9m and $12.5m for tompolo, Ateke and Asari as national honors. He twisted facts during the Independence Day speech on his fight on corruption, in contrast to what the transparency international claimed. By august 2012, 2012 budget implementation was just 13% over 5, ooo Nigerian lives gone, Mr president is still trading words and negotiating with boko haram, we remain grateful that a quasi state of emergency came to be, at least I cant imagine an SOE where the State Govs sit tight to control state funds while the FG fight their battle. July 2012: its 3yrs gone and he is yet to commission from scratch a new power plant worst still fired the only human being in his cabinet who knows his onions in the power sector. July 2012: Mr President earned a congratulatory message for implementing local content policy by importing 200 luxury brands at the cost of over 13.5 million each for a 4 day first ladies summit. While our manufacturing industries beg for patronage. June 2012: Almost all teaching hospitals in Nigeria have no functional dialysis machine, the most sought of this equipment cost just 5m naira. Statistics has it that more than 60,000 Nigerians die yearly of a kidney related ailment, however, he jets out with his cohorts to seek medical help elsewhere. ferma is seriously patching federal highways with a budget of over 80 billion naira, there is no coordination between, the MND, NDDC and Federal ministry of works on road maintenance, same contract is awarded over and over before the job is done. JUNE 2012: Under his watch, the giant of oil and gas reserves is undergoing its worst energy crisis in the world. tanker drivers alone can cripple his supply network as they wish not to talk of ordinary Niger republic coming to our rescue via imports. In case you have not heard, Nigeria is very close to Afghanistan on security progress under Jonathan's watch. June 2012: Education is in crisis. With adult literacy at 57 per cent, overall illiteracy at 66 per cent and more than 10 million out of the 30 million children of primary school age not in school, no serious government should be comfortable. When 40 million adults in a population of 170 million are illiterate, the country is ranked 161 out of 180 countries in the United Nations Comparative Index of Literacy 2012, and has an unemployment rate of 23.7 per cent, it’s no longer news that only 26% of school leavers gain admission into the universities and only 5% are employed after school thanks to ASUU’s 6 months strike. June 2012: Mr president’s economic blind men have blessed us with all time high of 37.5% inflation though his mickey mouse cbn governor is still claiming 28%, wondering what he will be claiming now that all bankers are at home, naira devalued, unemployment on the rise etc He still maintains a single digit inflation on paper, I dey laugh. Mr president is the only Nigerian president that has not initiated a successful programme even Abacha did better with ptf while IBB with FSP and MAMSA, Mr president is still confused with ''YOU WIN''and SURE-P, with zero benefit to the Nigerian people. on that same vein, Nigeria has the second record high job cuts within the last 2yrs, if in doubt ask the bankers and manufacturing industries. before his ascension into power, the naira was in a sorry state of 150 to 1 dollar today, Jonathan has handed us an unstable 182 to 1 dollar June 2012: The dana crash is a testimony that Mr president’s aviation is comatose, not even the attorney general could challenge the allegations of the dana staff in court, in a national disaster of that magnitude? The girl could have served as a prime witness in a class action against dana Less than 6months of inconclusive investigations, DANA air hit the Tarmac again. Still on military, Nigeria has the most under educated junior military officers, before you ask how, Mr president is too lazy to ask him self why imo with highest national examination enrollments still have the least NDA and police academy enrollments, while borno and zamfara as educationally less privileged, have higher quota than Delta and Anambra put together in military enrollments. Nepotism and corruption at its best Mr President is the only head of state in the world whose wife is a ministry of its own. January 2012: Under Mr president’s watch, a 250bilion subsidy programme rose to 2 trillion naira yet no arrest, no conviction, no sack, the best miserable Nigerians could get was an AWOL attorney general after 7days of protests. Height of incompetence and corruption. Mr President is the only president in the world whose parliament gulps 75% of the national budget as alleged by the CBN Gov. yet they still soak themselves in $625m bribery scandal. Jonathan has not even initiated let alone fulfilling a single campaign promises except the one that he needs to surround himself with brain dead women in his cabinet. Nigerians say thank you Sir, for your 6 wasted years of leadership. 3 Likes 3 Shares |
| Politics › Re: This Was How President Jonathan Met Our Railway System (Pictures) by jpphilips(m): 12:29pm On Dec 21, 2014 |
FELLOW NIGERIANS, IS THIS THE PRESIDENT YOU DESERVE? May the Judgment of God not befall us and our families if with our votes we deliberately return a Govt of Hunger, corruption and death to the Nigerian people. Kindly distribute through your BBM and Whatsapp contacts, enough is enough!! November 2014, Jonathan shocked Nigerians with the news that Boko haram has taken control of 6 towns in 4 LGA’s the height of incompetence in balkanizing the Nigerian state, a week later, Nigerians were blown away by series of austerity measures handed to them for their stupidity in 2011. The naira was devalued at the pretext of drop in oil prices but Nigerians never asked why the Naira never appreciated when the oil price was increasing? If the foreign reserve were not stolen, Nigeria would have weathered the storm for at least 6months like we did during the global melt down of 2004 and 2008, unfortunately, the incompetence of the Jonathan administration has brought grave consequence on the Nigerian people, Inflation and high cost of energy are likely consequences. According to Will Ross of the BBC “He said he hoped a parliamentary investigation would also find out why the country's Excess Crude Account had fallen from $11.5bn to under $2.5bn in a year - arguing that Nigeria's savings are a vital buffer against any drop in the global oil price and without this "rainy day" account, the economy is vulnerable and exposed. October 2014; Ladies and Gentlemen, the President of the Federal republic of Nigeria uses a militant Asari Dokubo for black market gun running, evident from the grounding and seizure of over $10m by the South African authorities. September, 2014, The Nigerian Government admitted ferrying over $10m in a private jet for arms procurement, where do we draw the line between money laundering and arms procurement? I asked myself about the recent helos that was delivered by Russia recently if it was purchased in the same manner, agree with me or not, Jonathan is neck deep not just in corruption but money laundering. August 2014: As a result of the unabated corruption in the Nigerian Military, Mutiny of July gave rise to Boko haram declaring a caliphate on Nigerian Soil, Gentlemen and Ladies, Jonathan Has once again made a history of Incompetence. Never in the history of Nigeria have we ceded territories to bandits. July 2014: saw a president who went to sleep while neighboring West African countries battled with the Ebola virus, his negligence paid off when Patrick Sawyer brought the deadly virus to Nigeria unabated. Since August 2012, when the Ebola outbreak began, The Nigerian govt had no single emergency response plan in place. $11m emergency fund and N480m budgeted for the control of infectious diseases in the 2013 budget never got to the Lagos state government, the Nigerian Ebola Epicenter. Still in June, we saw the worst abuse of his Royal majesties powers when he barred APC Governors from attending a rally in Ekiti state with soldiers, meanwhile Boko Haram is still having a field day in the North. The senate revealed to Nigerians how the president Mis appropriated over 685b kerosene subsidy fund May 2014: [/b]left us with this shocking statement “Jonathan, who was asked to comment on the allegations of corrupt practices leveled against some of his ministers, had said that nobody was above mistakes and that if he were to be acting based on reports on each of them, “no one will stay for more than six months in office.” [b]Mere stealing we call corruption" Still in the same month after the corrupt tales of embezzlement and diversion of military budget, the clueless one finally offered Amnesty to a terrorist group, the first of its kind, in the world. An Indication that the Jonathan’s administration is run by a den of thieves. April 2014: reminded us the climax of Jonathan’s administration where he went on a jamboree while book haram held over 200 young girls, hostage, April never ended before the Dizeani madueke’s 10billion naira scam reached a climax. March 2014: just before the centenary celebration where Abacha of all people was a beneficiary, scores of Innocent school children were murdered in Adamawa sate. Feb 2014: saw the illegal suspension of the CBN Gov.at a time the nation was in dire need of foreign direct investment, the Kidnap of the president’s foster father is a realistic score card on his strides on security. January 2014, a presidential committee was set up to investigate the October scandal of stella odua who came with a guilty verdict, yet she kept her job. December 2013: ushered the yuletide of Obasanjo’s “before it is too late”, several corruption allegations and the extremism of the Jonathan’s administration, the impunity of plundering the people’ s common wealth and the tenacity of talking drums like Abati who have earned a reputation in insulting the sensibilities of Nigerians.10 bullet proof vehicles purchased by DICON for its top brass November 2013: the CBN Governor raised an alarm that under Jonathan’s watch, the NNPC diverted $49billion dollars, fellow Nigerians, are we not tired of condoning corruption? October 2013: ushered a month of corruption coronation in Jonathan’s camp, where the Aviation minister coerced the NCAA to purchase 2 fairly used armored 2008 BMW to the tune of $800,000 each. September 2013: President Jonathan took a record breaking 600 men entourage for the UN General assembly in New york August 2013: After the billions of dollars spent in revamping the nation’s airports, skytrax world airport ranking for Africa showed Nigeria didn’t make it to top 10 in Africa neither did it make it top 100th place in the world. Whereas Ethiopia and Mauritania made it to position 9th and 8th respectively, what a shame. July 2013: transparency international rated Nigeria as the 8th most corrupt country in the world. June 2013: World Bank appraised him thus; “Nevertheless, improvements in social welfare indicators have been much slower than would be expected in the context of this growth. Poverty reduction and job creation have not kept pace with population growth, implying social distress for an increasing number of Nigerians. Progress toward the fulfillment of many of the Millennium Development Goals has been slow, and the country ranked 153 out of 186 countries in the 2013 United Nations Human Development Index” the World Bank said. May 2013: The president after wasting tax payer’s money on an entourage as long as the third mainland bridge went sleeping while his foreign affairs minister represented him in his presence during the AU summit in Addis ababa. Just outside President Goodluck Jonathan's office sat 17 ambulances, just in case he or one of his aides fell ill. They were seldom if ever used. No actual health-care facility nationwide had as many, and in fact a few still have none at all. But as soon as a Nigerian newspaper took a photo of the ambulances and published a story about them, they suddenly disappeared -- probably to an underground garage. March, 2013: we witnessed the height of moral bankruptcy when Mr President granted presidential pardon to the biggest criminal in the history of our democracy, Alamesigha to prepare him for a senatorial seat. February 2013: amidst the short fall in crude prices, the president smuggled into the 2013 budget a 2bn appropriation fund for the office of the first lady February 2013: the office of the presidency denied vehemently that the first lady was on vacation in Germany only for them to organize a survival party with tax payer’s money. Is this the kind of leader you want to hold to his words? In January 2013: the erst while madam due process and former minister for education challenged the charlatans of jonathans’ administration to a debate on accountability of $67b as expected, honorable cowards and pen thieves, absconded as usual November 2012: President Jonathan approved 2.2bn naira for the construction of a banquet hall in the villa. At a time our debt profile was all time high As commander in chief, he stood dumb while a military helicopter was used for "kabu-kabu" at oronto douglas father’s burial that error in judgment alone claimed the life of a sitting Governor. and the most brilliant NSA Nigeria has ever produced. October 2012: blatantly refusing to appeal the ICJ’s decision on ceding bakassi, thereby throwing Millions of Bakkasi indigenes into pandemonium refusing to cut down on foreign trips and cost of Governance, contrary to his Nationwide address of 7th Jan 2012. October 2012: Mr president’s administration spent 1.5 billion to patch the 3rd mainland bridge, 4 months later, triple of that amount was expended again on maintenance alone, Talk about waste and incompetence August 2012 : He said our foreign reserve is 42billion usd , is that not only on iweala's notepad? How can you have external debt of 48bn usd and come home to deceive us that we have reserves? How much services that 48bn plus interest annually? Nearly 25% of 48bn. August 2012: Under his watch militants earn 10% of the Nation's revenue, $22.5m, $9m and $12.5m for tompolo, Ateke and Asari as national honors. He twisted facts during the Independence Day speech on his fight on corruption, in contrast to what the transparency international claimed. By august 2012, 2012 budget implementation was just 13% over 5, ooo Nigerian lives gone, Mr president is still trading words and negotiating with boko haram, we remain grateful that a quasi state of emergency came to be, at least I cant imagine an SOE where the State Govs sit tight to control state funds while the FG fight their battle. July 2012: its 3yrs gone and he is yet to commission from scratch a new power plant worst still fired the only human being in his cabinet who knows his onions in the power sector. July 2012: Mr President earned a congratulatory message for implementing local content policy by importing 200 luxury brands at the cost of over 13.5 million each for a 4 day first ladies summit. While our manufacturing industries beg for patronage. June 2012: Almost all teaching hospitals in Nigeria have no functional dialysis machine, the most sought of this equipment cost just 5m naira. Statistics has it that more than 60,000 Nigerians die yearly of a kidney related ailment, however, he jets out with his cohorts to seek medical help elsewhere. ferma is seriously patching federal highways with a budget of over 80 billion naira, there is no coordination between, the MND, NDDC and Federal ministry of works on road maintenance, same contract is awarded over and over before the job is done. JUNE 2012: Under his watch, the giant of oil and gas reserves is undergoing its worst energy crisis in the world. tanker drivers alone can cripple his supply network as they wish not to talk of ordinary Niger republic coming to our rescue via imports. In case you have not heard, Nigeria is very close to Afghanistan on security progress under Jonathan's watch. June 2012: Education is in crisis. With adult literacy at 57 per cent, overall illiteracy at 66 per cent and more than 10 million out of the 30 million children of primary school age not in school, no serious government should be comfortable. When 40 million adults in a population of 170 million are illiterate, the country is ranked 161 out of 180 countries in the United Nations Comparative Index of Literacy 2012, and has an unemployment rate of 23.7 per cent, it’s no longer news that only 26% of school leavers gain admission into the universities and only 5% are employed after school thanks to ASUU’s 6 months strike. June 2012: Mr president’s economic blind men have blessed us with all time high of 37.5% inflation though his mickey mouse cbn governor is still claiming 28%, wondering what he will be claiming now that all bankers are at home, naira devalued, unemployment on the rise etc He still maintains a single digit inflation on paper, I dey laugh. Mr president is the only Nigerian president that has not initiated a successful programme even Abacha did better with ptf while IBB with FSP and MAMSA, Mr president is still confused with ''YOU WIN''and SURE-P, with zero benefit to the Nigerian people. on that same vein, Nigeria has the second record high job cuts within the last 2yrs, if in doubt ask the bankers and manufacturing industries. before his ascension into power, the naira was in a sorry state of 150 to 1 dollar today, Jonathan has handed us an unstable 182 to 1 dollar June 2012: The dana crash is a testimony that Mr president’s aviation is comatose, not even the attorney general could challenge the allegations of the dana staff in court, in a national disaster of that magnitude? The girl could have served as a prime witness in a class action against dana Less than 6months of inconclusive investigations, DANA air hit the Tarmac again. Still on military, Nigeria has the most under educated junior military officers, before you ask how, Mr president is too lazy to ask him self why imo with highest national examination enrollments still have the least NDA and police academy enrollments, while borno and zamfara as educationally less privileged, have higher quota than Delta and Anambra put together in military enrollments. Nepotism and corruption at its best Mr President is the only head of state in the world whose wife is a ministry of its own. January 2012: Under Mr president’s watch, a 250bilion subsidy programme rose to 2 trillion naira yet no arrest, no conviction, no sack, the best miserable Nigerians could get was an AWOL attorney general after 7days of protests. Height of incompetence and corruption. Mr President is the only president in the world whose parliament gulps 75% of the national budget as alleged by the CBN Gov. yet they still soak themselves in $625m bribery scandal. Jonathan has not even initiated let alone fulfilling a single campaign promises except the one that he needs to surround himself with brain dead women in his cabinet. Nigerians say thank you Sir, for your 6 wasted years of leadership. |
| Politics › Re: This Was How President Jonathan Met Our Railway System (Pictures) by jpphilips(m): 12:26pm On Dec 21, 2014 |
donnaira:same gibberish you were told in 2012? three years on you never get sense |
| Politics › Re: This Was How President Jonathan Met Our Railway System (Pictures) by jpphilips(m): 12:17pm On Dec 21, 2014 |
major466:And IBB did not see it wen he imprisoned and investigated him? Obj''s EFCC never did as well in 2003, bros, this $2.8b mustvbe the last money you saw in ur dreams. stop going to bed angry, it is not good for your health. |
| Politics › Re: This Was How President Jonathan Met Our Railway System (Pictures) by jpphilips(m): 10:33am On Dec 21, 2014 |
ogb5:You are just as dumb as Jonathan, all Buhari needs is to do the OPEC politics, get the chairmanship position and withdraw 2.5mbbls from the market. oil will definitely stabilise. 1 Like |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 9:31am On Dec 21, 2014 |
Leebeedo:Anybody who compares Russia with Nigeria in the face of this crisis is perpetually dumb, I cant waste my time discussing it. 1 Like |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 9:23am On Dec 21, 2014 |
onatisi:You know that Nigerians always like making excuse for failure, imagine their comparism? Jonathan forgot to tell them that Russia has over $400b dollars in reserves before the crisis, Tomorrow they will compare deregulation of AGO with GSM. dumb people. |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 9:09am On Dec 21, 2014*. Modified: 9:34am On Dec 21, 2014 |
ssammy:You see all these beautiful theories everyone is rolling out will never work in the face of corruption. How do you explain a locally manufactured cloth with local labour selling higher than its foreign counterparts? Most Boxers in the market are locally sourced, how much is it sold in the market? |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 8:02pm On Dec 20, 2014 |
bushdoc9919:When you get some education we talk |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 8:00pm On Dec 20, 2014 |
Leebeedo:Please try to be selling your lies with facts. Russian economy is not different from ours 70% of Russian export is oil based, the difference is that Russia shored up over $400b in reserves while Jonathan made no effort to save rather he squandered the already saved funds. You may ask why Russia is not using their reserve to support their currency, the reason is that they are using it to subsidize the effect of International sanctions on their economy, if they dont provide that subsidy, there will be mass unrest and Putin will be eventually ousted. Hope you dont know that 52% of their 2015 budget is subsidized, can you boldly say same for Nigeria? Nigeria is a clear case of mismanagement and no amount of PR will change that fact. This is how Norway escaped the present fiasco. ""Norway has diverted much of its oil earnings to a sovereign wealth fund, which has become the world’s largest. The money, reaching $890 billion as of June 2014, amounts to $178,000 for every Norwegian citizen. The sovereign wealth fund helps Norway avoid some of the problems associated with the “resource curse” by investing capital abroad. But more importantly, the money is set aside to be saved and invested to help the country plan for the eventual decline of oil production"" source : http://oilprice.com/Energy/Crude-Oil/Norways-Oil-Decline-Accelerating.html Jonathan's SWF used to be $1b, by June this year, Kolade who is the chairman of the committee managing it has said the money is no where to be found. Now you know you are the lousy one. Vote your beloved Jonathan but allow Nigerians to decide their economic fate. |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 7:02pm On Dec 20, 2014 |
tuborme:voodoo economics as usual. Are you cursed with dumbness? |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 6:46pm On Dec 20, 2014 |
bushdoc9919:Oh! shut up |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 6:41pm On Dec 20, 2014 |
bushdoc9919:Nigeria does not have the capacity to produce 2mbbls of crude in 1980, quit f00ling around. |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 6:29pm On Dec 20, 2014 |
FrankC3:We have not even exploited oil fully and you are talking of agriculture, The truth is this, even if you want to diversify, investments must be made, how is it gonna be possible when your reserves have been stolen by the thieves in Aso rock? Madueke is proposing a DSO for our gas in her almighty PIB, where will the diversification come from in a DSO model? Before you talk of pumping fresh funds revamping agriculture, you need to maximise oil that we have sunk huge investments in already. Look at how ExxonMobil made sharp profits amidst fall in crude prices, they quickly turned to retailing their refined crude than selling it at lower prices as raw crude. Where is Nigerian refining capacity? because by now we should be exporting finished products and by products in the whole West Africa and local markets, a promise Jonathan could not keep in 2012, shame on our leaders, Shame on Nigerians who have refused to reason beyond their stomach infrastructure. Hunger will send a strong message come next year, when is the Govt planning to owe salaries? 3 Likes |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 6:14pm On Dec 20, 2014 |
donmalcolm21:There needs to be a tight fiscal Policy for this madness to end, a leader with balls need to come on board, there must be arrest of those who stole our reserve, before God will listen to us. |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 6:11pm On Dec 20, 2014 |
tit:Only if your raw materials are locally sourced and your dumb president will give you locally generated electricity, or you want to run your company on imported Diesel? |
| Business › Re: Job Losses Loom As Naira Sells 194 To Dollar by jpphilips(m): 6:08pm On Dec 20, 2014 |
temitemi1:see your mouth, when obasanjo created the ECR account to make savings to annul the effect of 2004 drop in crude price with the counsel of Prof. Soludo, did you appreciate it? Now that you have a nematode in Aso rock feeding on all the reserves that naira is now at a free fall you want to liken both scenarios? I don't blame most of you shaa, only if you guys know how badly Jonathan has managed this economy, you will weep for Africa. Jonathan 2077 won't you say? 3 Likes |
| Politics › Re: Secret Document: Shocking Revelation About Buhari by jpphilips(m): 4:52pm On Dec 20, 2014 |
Frankenstein:Jonathan without a pin in Bayelsa as governor you voted for him right? not dumb I guess!! As a chairman and pet minister Buhari has 2 refineries to his name, Jonathan is yet to beat that even as head of state. If you give Jonathan another 4yrs, he will feel that all his stealing have gone unnoticed, the next 4yrs will be broad day robbery, vote wisely. |
| Politics › Re: Secret Document: Shocking Revelation About Buhari by jpphilips(m): 4:47pm On Dec 20, 2014 |
Princewill1:1 it is Christmas and you and your family are going to buy rice, can you explain why local rice is more expensive than its foreign counterparts after your Jesus in aso rock has encouraged local production by your dumb standard? 2 Can we see the pictures of the on going work at the second Niger bridge? You said the project is supposed to be a 4yrs project, Jonathan has spent 6yrs in power already, can you explain why it wasn't started earlier to coincide with his exit? East west road does it ring a bell? 3 Norway, Saudi, Bahrain, all top oil producers are yet to devalue their currencies, can you explain why Nigeria didnt wait even a month before towing the path of shame? well, egg heads like you don't know that your reserves were stolen as such the Naira could no longer be supported. 4 Can you name them please? I can only remember a dumb irrelevant SSG from the SE, Who else is from the south east? What you decide with your family depends on your level of knowledge and wisdom, he that is down fears no fall, can you give what you dont have? |
| Politics › Re: Oil Price Recovers - Jumps From $59 To $63 by jpphilips(m): 4:11pm On Dec 20, 2014 |
atlwireles:Have you located the school? by the way, it is written 2.5mbbls not 2.5Mbbs, I will continue doing my best to assist the emptiness you ooze. |
| Politics › Re: One Thousand Naira (N1,000) = $5! by jpphilips(m): 2:13pm On Dec 20, 2014 |
ducii:Are you this dumb? Chinese export economy VS Nigerian import oil dependant economy, lol Please which roofless school released you on bail? |
| Politics › Re: One Thousand Naira (N1,000) = $5! by jpphilips(m): 1:12pm On Dec 20, 2014*. Modified: 2:45pm On Dec 20, 2014 |
nduchucks:Does that Guy even know that OBJ's $48b savings saved us from the 2004 crude oil price drop? If every administration should devalue the naira at the very least economic down turn, why do we need people to manage our economy? Refer him to Soludo's congressional address of 2004 so he will understand the buffer the government put in place then. 1 Like |
| Politics › Re: One Thousand Naira (N1,000) = $5! by jpphilips(m): 12:27pm On Dec 20, 2014 |
ducii:opinion of the deluded, do you have any idea how much in revenue this country has earned? |
| Politics › Re: One Thousand Naira (N1,000) = $5! by jpphilips(m): 12:14pm On Dec 20, 2014 |
ducii:Saudi Arabia had to deep hands in their reserve of $750b to defend the ryal, first time in 5yrs, why?? Russia lamented that their economy will bounce back in 2yrs, time enough to stock reserves to defend their devalued Rouble why?? If with these examples you don't know that your reserves defend your currency in times like this, then you should refund your school fees and send a Christmas hamper to Ndu chuks for assisting your failed education. most of you here have not got the least knowledge to speak in public, petty local champions who think their opinion count for anything. This is what Sanusi your former CBN gov said is the duty of the reserves. "" He said he hoped a parliamentary investigation would also find out why the country's Excess Crude Account had fallen from $11.5bn to under $ 2.5bn in a year - arguing that Nigeria's savings are a vital buffer against any drop in the global oil price and without this "rainy day" account, the economy is vulnerable and exposed"" source: BBC Go to a good school because for now, you are too empty to speak in public. Thank Ndu chuks later 1 Like |
| Politics › Re: Oil Price Recovers - Jumps From $59 To $63 by jpphilips(m): 11:28am On Dec 20, 2014 |
nduchucks:Amidst his buffoonery, he was even feeling fly like his opinion count for something, funny he got two likes for the dumbest question of a lifetime. I get so worried the kinda generation of dumb tards we have in this country. I am so mortified. 1 Like |
| Politics › Re: Oil Price Recovers - Jumps From $59 To $63 by jpphilips(m): 11:22am On Dec 20, 2014 |
atlwireles:This is the website of the London Buisness school, they will tutor you better, this failed indomie generation have no credit to whatever academics puts on the table, very shameful!! |
| Nairaland General › Re: Why We Could Not Defeat Boko Haram"- Army Commander Writes A Powerful Letter To by jpphilips(m): 11:19am On Dec 20, 2014 |
torhuke:we should blame it on your father to absolve Jonathan then, ode! Some of you need to go back to school to understand what a commander in chief means, ie if there is any school left for you by Jonathan. Are they not the same block heads roaming the streets of Nigeria? waste of human materials. Dumb generation. |
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