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Jpphilips's Posts

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Politics › Re: 'corruption Is Official' - Atiku Releases 10 Questions Buhari Must Answer by jpphilips(m): 6:15pm On Dec 20, 2018
fx45:
Not until you tell us where Patience Jonathan's monies came from
Guess you have answered that Aisha's ADC looted 2.5b from heaven, which other lie have you told your soul lately?
Politics › Re: Ita Enang: Why Buhari Refused To Sign Electoral Act Amendment Bill by jpphilips(m): 6:12pm On Dec 20, 2018
senatorbayor:
Now that you know that INEC conduct of election has a long impact on the court judgements as well..

Let's urge INEC to act independently and be seen to be fair cos they will always be party to any suit after the election.
They will explain to the court why the election They conducted shouldn't be annulled
You still don't have a point, it is not the job of Inec to worry about court decisions, conversely, Inec does not have control over who or those that join it in suits.
Inec can sue or be sued, its upto you to operate within your legal priviledges.
Politics › Re: 'corruption Is Official' - Atiku Releases 10 Questions Buhari Must Answer by jpphilips(m): 10:58am On Dec 17, 2018
Where did Aisha's ADC loot the 2.5b from?
Politics › Re: Ita Enang: Why Buhari Refused To Sign Electoral Act Amendment Bill by jpphilips(m):
senatorbayor:
I am sure in those states you mentioned
They made use of incidence report and allowed manual voting

Sadly.. You want to be like them but you don't want to practice what gave them such feats

Its better you allow the institutions to be strengthen than your usual promotions of shortcuts to success


I can see how you know enough about democracy
Im not interested in what you know about democracy, card reader will not be sacrosanct in Nigeria as electronic voting is not sacrosanct anywhere in the world, if you don't like the idea, please hug the nearest transformer with pleasure.
Politics › Re: Ita Enang: Why Buhari Refused To Sign Electoral Act Amendment Bill by jpphilips(m): 4:33am On Dec 17, 2018
senatorbayor:
The independence of INEC must be seen to be fair to all and not a particular section ..

We've seen same INEC you want to project as been independent helping political parties rig election..

The judgements of court has a large direct impact on how INEC conduct the election
More reasons they are joined as a party in the suits and equally have their lawyers who will prove to the court why certain elections should not be annulled.
You enjoy going in circles, joining Inec in an electoral suit is different from bothering Inec with a court judgement.
Politics › Re: Ita Enang: Why Buhari Refused To Sign Electoral Act Amendment Bill by jpphilips(m): 11:49am On Dec 16, 2018
senatorbayor:
If every developed nations have your type of reasoning .. They won't be where they are..
You want to be like them but not ready to do what made them improve thier process and institution


What should bother you is how we continue to do Same old things and want new results

Reasons why care reader should be backed by law is to avert conflicting judgment that were witnessed after 2015 elections where court A nullified an election cos card reader was not used and court B upheld an election despite card reader not being used

They claim card reader is unknown to law

That's the gap this new electoral law intend to bridge by making it a law and compulsory to avoid conflicting court judgements
Advanced democracies have my type of reasoning, are you better than them?
In the just concluded mid term elections in the US, voting machines failed in Georgia, Alabama, Illinois, Arizona, Indiana, Michigan, Missouri, New jersey, New york, Nevada, North Carolina, Rhode Island, South carolina what did they do?

Make voting machines sacrosanct or use discretion?
Face your business you know very little how democracy works.
Politics › Re: Ita Enang: Why Buhari Refused To Sign Electoral Act Amendment Bill by jpphilips(m): 11:31am On Dec 16, 2018
author=senatorbayor post=73890048]




Are you aware that none of the existing electoral act does not make card reader compulsory..
It only gave INEC the discretion to apply it where necessary..
Im certain you know the "I" in Inec means independent so what is wrong with an independent agency exercising discretion to ensure voters are not disenfranchised?



This led to courts giving conflicting judgements on same card reader..
What the court does is not the buisness of Inec.

In river state, supreme court said card reader is unknown to law while it upturn another election for not using card reader..
Not Inec's problem, the Judiciary should get its act together.


The electoral bill buhari refused to sign is now taking care of that gap by making card reader compulsory and not an INEC discretion
Inec's independence requires it exercises some level of discretion, if the card reader fails like every other electronics does even in advanced democracies, what next? We pack up and wait for a re-run? Really? For a 245b naira election? Im sure you know that the voting machines in Georgia failed during the mid term elections, what did the sane people of the US do? Call for re-run or use manual counting?

It's also making it a law and not an option to avert varying judgments as witnessed in last election
Court Judgement is not Inec's buisness, ive said that already.
Politics › Re: Ita Enang: Why Buhari Refused To Sign Electoral Act Amendment Bill by jpphilips(m): 9:36am On Dec 16, 2018
senatorbayor:
If GEJ did not sign that card reader should be use.
You and I know that the rigging by either parties will be much
The card reader curtailed those excyesses

The card reader was newly introduced hence some of the skirmishes that were noticed


What is expected of a serious gov't is to strengthen the institution and the process and that's what the new electoral act wanted to take care of but PMB seems to be afraid of new changes
What is expected of a jobless youth is get something doing and stay away from social media. You don't change the goal post in the middle of the game, you are not contesting the election, the so called ammendment is making card readers manadatory with no alternative when the country is at war at different fronts with citizens displaced far away from their homes and wards.

If it was in 2016 when the Niger delta was at war a northern president signed that, wont you complain the south has been disenfranchised?
Card readers will be used, however, if it fails, there should be an alternative, if you can't contest under the circumstances, then stay at home, to rule Nigeria is not by force.

Politics › Re: Ita Enang: Why Buhari Refused To Sign Electoral Act Amendment Bill by jpphilips(m): 9:24am On Dec 16, 2018
senatorbayor:
We are saying same thing

The act signed in 2015 was the 2010 amended electoral bill
Are you saying what you know or what you think? Every electoral act is an ammendment of a previous one, the present one Buhari has refused to sign is equally an ammendment of the 2015 Ammendment, that happens to be the an ammendment from 2010.
So what difference does it make?

Buhari should contest with the electoral act that brought him to power, first, some non-living things said not signing means no use of card reader, today, seems you managed to read it reason you are complaining its useage is at Inec's discretion, Inec has said they will use it so what are you foaming in the mouth for?
Dont you guys have better things to do with your time?
Politics › Re: Ita Enang: Why Buhari Refused To Sign Electoral Act Amendment Bill by jpphilips(m): 3:18am On Dec 16, 2018
senatorbayor:
The law GEJ signed was the amended 2010 electoral law
Go and do your findings

This new law buhari is afraid to sign does not have anything to do with the budget of INEC and it's not about changing goal post

It's about strengthening our electoral process..

That's essence of governance

So you haven't heard of 2015 electoral act before?
Politics › Re: Ita Enang: Why Buhari Refused To Sign Electoral Act Amendment Bill by jpphilips(m): 10:25pm On Dec 13, 2018
senatorbayor:
It's on record that GEJ signed the amended 2010 electoral act into law 2 days to the election which gave a go ahead for INEC to make use of card reader..

Same APC urged GEJ to sign it then and accused him of being afraid of card reader introduction which gave INEC the discretion to use card reader

They later applauded the process after buhari won the election

Btw 2 days and 66 days, which is closer to election

From the onset, PMB have been sceptical about signing the new electoral bill that will strengthen the electoral process

He kept rejecting it with flimsy excuses from sequences of election to this latest one


The new electoral bill if signed will strengthen the electoral process and make card reader mandatory and not optional
It will remove the Lacuna faced by the court where varying judgements were given on use of card reader

While some courts nullified elections cos card reader was not used, others upheld it despite non use of card reader.. E.G is the rivers election


Secondly, the new act would have help to match accredited voters with votes as no incidence paper will be allowed .
It would have eased the transmission of result immediately than collating from wards to LG to state to Federal which will give room for manipulation of already counted votes

The idea of waiting for one results from kano or rivers while results are collated will be eliminated

The idea of using results from one state to increase the votes of another candidate or party will be eliminated as all votes will be transmitted simultaneously..

Refusal to sign means someone is afraid and wants to make use of these loopholes

Moreso, the electoral bill is applicable to all political parties.. The president ought to have consulted other political parties to get their inputs before rescinding..

This was same process GEJ did before signing the bill into an act ...

As it is now, pmb is having no inputs in strengthening the institution of the electoral process..
Buhari won with the 2015 electoral act not 2010, it is more silly to think the 2015 electoral act was signed 2 days to the election.
Who will provide the infrastructure for INEC to transmit results in real time? what is INEC'S current budget?
If you dont think such law will amount to changing the goal post in the middle of the game, then, Atiku should use the same Lacuna/loopholes to win.
Politics › Re: Peter Obi Meets Cardinal Arinze At Basilica Onitsha- Pictures by jpphilips(m): 9:06pm On Dec 13, 2018
Kenekingisback:
He is replacing Osibanjo in 2019 cheesy
nope, Namadi sambo you mean?[color=#000099][/color]
Politics › Re: Buhari’s Military Junta Persecuted Atiku Over 53 Suitcases – Titi Atiku Abubakar by jpphilips(m): 8:49pm On Dec 06, 2018
Bennycollins:
Where is the evidence of the said testimony by US congressman?? Some of you are worse than the political class we accuse.
Incase you were in diapers at the time, Atiku's FBI indictment during the Jefferson trial was one out of the 11 indictments that put him (Kafferson) behind bars.
If you don't have that information already, I will be forced to ask you; "How old are you"
Politics › Re: Nigerians React, As Ben Bruce Claims Kashimbilla Power Project As 100% PDP Work. by jpphilips(m): 6:05pm On Dec 06, 2018
CilicMarin:
The @OfficialPDPNig project, Kashimbilla Hydropower Plant in Taraba State is 100 per cent complete and will commence generating soon. Who can guess how long it will take President @MBuhari and the @OfficialAPCNg to claim this project as their own?

lalasticlala Mynd44
We know Kashimbilla was one of so many corruption riddled projects of the PDP era, as usual waiting for Buhari to complete it.
below is the reason it is now up to speed
http://dailypost.ng/2017/05/17/fec-approves-n46-15bn-complete-kashimbila-dam-projects/
Politics › Re: Breaking News: Yahoo Also Agrees That Buhari Is An Impostor by jpphilips(m): 5:49pm On Dec 06, 2018
UltimateCycle:
Foreign media knows the truth.

Source: See Yahoo Facebook page.
Just do an IQ test you will be amazed what your score will be.
Politics › Re: Buhari’s Military Junta Persecuted Atiku Over 53 Suitcases – Titi Atiku Abubakar by jpphilips(m): 5:45pm On Dec 06, 2018
[color=
cyrilamx:
In your haste to demonise PMB, you couldn't differentiate between NIS and NSC. madam ITK, Atiku was comptroller of Custom in charge of one of the Nation's airports and was never an immigration personnel...
#000099]

Dear Madam Titi Abubakar,

What is the point telling us about Atiku's pedigree of the 80's when we have his privatization scam, bribery scam, money laundering scam dossier in recent history? believe me, if Atiku set his eyes on those suitcases and there was USD in it, Atiku would've done the needful.
We dont need Titi's testimony to know that even a US congress man gave a testimony in court under Oath that Atiku is the worst of the Nigerian kind.

We understand you are desperate to become the first lady, well, judging by Atiku's pedigree, Jennifer the Delilah that threw him out of the US may take that spot, dont be too hopeful.
Politics › Re: VP Osinbajo Launches Door-to-door Campaign In Nyanya, Karu, Roots For Buhari by jpphilips(m):
discusant:
Get informed, small minded dud of American example: there is no possibility for dividing the more populated and huge land mass southern US states of California or Texas into say, four states each, but divide the least populated and small land mass northern US states into say, two states each; thereafter the southern soldiers who created the political structure supervise a constitution for the US stipulating that equal number of Senators be derived from each US state to the US Congress, stipulate that a US presidential candidate must win 25% of votes in 2/3 of the number of US states before pronounced winner of US presidential election, stipulate the quota system under unitary government system, in a US where US states individually entered the Union.
If that is ever done, it boils down to consigning ownership of the US to the southern political class.

That was like what northern military dictators did to Nigeria, which makes the Osinbajos and Obis from southern regions serially play Vice to presidential candidate from northern region of Nigeria.

FYI, northern region and the southern regions of Nigeria entered the Nigerian Union in 1960.
Why should northern region have more states and local government areas than the southern regions, as you apparently agreed with me that neither land mass nor population is ever used as yardstick to determine how many and where new political units, like states and local government areas, can be created in a country?

Sorry to say that from your unending insulting mode in a common debate, you reason like an Almajiri who obtained some rudiments of Western Education.

Or, what do you indolent dud believe has been behind the unending call for political restructuring of Nigeria in a democratic process, far from the fraudulent political structure created by military fiat from soldiers of Northern Nigeria, a call for restructuring which only far north Nigeria remains the only zone that rejects it?
The political union of northern and Southern Nigeria dates beyond 1960, ask around.
America practice indirect democracy so that electoral process you wrote up there is total hogwash, here is the thing young man,
most of you with very little exposure dont deserve to use the internet so I did you a favor not an insult, You must thank me for that,
you see young man, the kinda things you say in public pictures your mind and depth, as far as the structure of Nigeria is concerned, you are not worthy of a discourse, at least for now, you may be unlucky to have folks in your life that barely tell you the truth, here i dish it raw and hot, you are free to ask questions where you dont understand but telling us what you just wrote is an opinion? hell no!! go to school, get proper education, save up and move around, you will definitely perceive the world beyond mere ephemeral.
Most of you come here to disgrace yourselves, i wonder what joy you derive from it.
When you dont know, Shut up!!, where you are confused, ask questions, that's how sound minds operate.

Lastly, dont flatter yourself, no sane Nigerian with sound knowledge is calling for restructuring, they are asking for LGA autonomy so far, only 9 states have alluded to that cause.
The restructuring noise is basically for people like you with none or semi knowledge of political and geographic processes, people who idle about in mental laziness, people so hopelessly ignorant that they have no clue where to start utilizing the basic tools of globalization, these mentally incapacitated individuals by their physiological disadvantage become wiling tools in the hands of desperate politicians that give no flying fvck about them, unfortunately, they are so mentally manacled that they have no clue they are mere pawns in political chess games.

At low crude price was the crescendo of the restructuring noise because federal allocation was its ebb, ignorant individuals like you lent them your voice as if you are anywhere close to the state coffers, they packaged their problem as if it is a national problem, while we could see it for what it is, you my ignorant friend is gearing up for a debate with me on the right structure we desire, even if i was inebriated to oblige you, every line you type is embedded an error a child will not miss, for those who joined the political bandwagon of restructuring noise, there is always an academic void to be filled.
Look around you, study their proposals, there is nothing about restructuring as proposed by these political hawks that is in our interest, rather, it merely resupplies the war chest of political marauders, you my friend deserve some education and exposure to be competitive in the society.
Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m): 5:05pm On Dec 06, 2018
Walehelt:
he saved $42b, how much did he borrowed?
"Borrow" you mean? well, most of Buhari's foreign debt are tied to infrastructure projects, if PDP borrowed 12T but left us with a $100b foreign reserve, we wont be in recession in 2016, hope you understand that basic economics.
Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m): 6:47pm On Dec 05, 2018
TonyeBarcanista:
Why are you bringing ethnic coloration into the mix?

Meanwhile, it is Buhari Vs Nigerians (Atiku, Kwankwaso, Makarfi, ordinary man etc) and we are determined.

You can't ask what a VP did for Adamawa as VP, however, the government he served achieved a billion of what Buhari can never achieve even if given 100 years.
Since you have admitted he not only failed Nigerians with his infamous privatization heist, you agree completely he failed Adamawa his home state, so who are these "WE" you refer to?
The guys that want to buy 90% of NNPC when Atiku sells it? grin grin grin grin please show seriousness young man, Atiku has no geopolitical block to call his own, it is one thing to share 2k in all universities for a political rally, it is another to have people that will make sacrifice, leave their comfort zone to vote you in, in the Buhari team since 2003, I learnt a pattern, they are strong, they defend buhari with their blood, they make sacrifices for him, once buhari gets a chance to power, he remembers them immediately, here is a typical example, Buhari started PINE even before he decimated Shekau's Boko haram, that will give you an idea what Atiku is dealing with.

You cant compare such a godlike figure to a reprobate like Atiku that has never rem. his Adamawa for a day, make no mistakes about this fact, or do you expect SW to vote an Obi when an Osibanjo is on the ticket?
PDP miscalculated that the hunger in the land baseless lies will brighten their chances, what they do not know is that an elite like me does not need buhari to tell me the hunger is not his fault because I have all my parameters to arrive at a logical conclusion, again, they banked on the illiterates to consolidate their lies, but from the pedigree of buhari, I can tell you that the day Buhari stands in person in the north and opens his mouth to say "Its PDP's fault" that day, the SAI baba ring tone will return, lastly, the average poor northerner, does not even believe that an Atiku will remove the hunger because Atiku hasn't the pedigree, he has never remembered them, with buhari, they have hope. They can trust a man that reintroduced school feeding program more than a man that flies over their heads with promises. Buhari carries the Aura of a god in the north, his word is law, one word on that campaign podium, this buhari brought hunger nonsense will end.

Atiku will be dealt a severe blow that he will shout, "is this me"? forget all those igbo noise makers on social media deceiving Atiku, in their geopolitical zone, Jubril Kanu control the people more than Atiku, most of them are not even registered in their home states, some are abroad making noise, why do you think they are saying buhari is a double?
They want to sow doubt on his godlike figure, next will be to shout rigging, they dont really get it, do they? I have met with Buharists as much as I have met Atikulators, the determination of buharists is scary, determination brings success, forget it, Atiku doesn't stand a chance against buhari, If were Atiku, i would've contested against osibanjo or Fashola definitely not buhari, that was a mistake, only an over fed bird will challenge his god to a duel.
Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m): 5:54pm On Dec 05, 2018
[quote author=TonyeBarcanista post=73575924][/quote]Is dis a presidential rally or a sec. school inter house sports competition? can't you see that Nigerians have rejected those who squandered our reserves so bad dat dollar scarcity wanted to kill us in 2015? buhari has saved $42b, scarcity stopped, u want to come bak? pity us naa!! na beg we dey beg,
copyright Twitter
Politics › Re: Buhari/osibanjo Trademoni Is A Scam Onitsha Man Cried Out - Pics by jpphilips(m): 3:49pm On Dec 05, 2018
tochukwuifediba:
Buhari/Osibanjo Trademoni is a scam .
You cannot establish any reasonable Business with 10k .
If you want to help traders and boost small scale trading then partner with Local banks and cooperative societies in Provision of unsecured business loan with reduced interest rate of maybe 2-3% repayable within 4 years that is how to run a business friendly economy .

When is this Trademoni coming to Onitsha make I collect my own take drink ooh MPA beer and Azu Ndu ( Fresh fish ) ?
Do you expect an onitsha trader to know several CBN micro credit schemes of this administration, why did they bother going to onitsha sef?
Trader moni is not good, I hear that from those who use 10k to buy data not the beneficiaries hawking sachet water with it, if government helps the poor, it becomes a scam, vote buying etc, if it helps the petrol marketers, you call it "subsidy", if it helps bank executives, you call it "bail out", if it helps the power companies you call it "multi tariff subsidy"please allow beneficiaries to worry about their change.
Politics › Re: Yuletide: Pay N800 Billion Subsidy Now To Avoid Fuel Scarcity - MURIC Warns FG by jpphilips(m): 3:41pm On Dec 05, 2018
How many marketers still import products into this country? if they go on strike, Nigerians wont notice.
Politics › Re: Why Do DSS Carry Sophisticated Weapons Than Our Soldiers by jpphilips(m): 3:22pm On Dec 05, 2018
yusufu16:
I think AK 47 is an outdated riffle. Anytime I see DSS officer, my heart just melt.

Why cant our military officers have those modern rifles used by US marines to fight Boko Haram.

Below is what our DSS use.
DSS protect politicians, the army protect Nigerians, that's the difference, the NNSBS a specialized unit in the army uses that Tavor riffle too.
You must understand that Nigerian defense budget is meager as such there are equipment that will never go round rather it is provided for specialized units.
Politics › Re: President Buhari Can't Speak Fulani Language - Sowunmi (WATCH) by jpphilips(m): 3:17pm On Dec 05, 2018
kirajustice:
@POLITICSNGR

Segun Sowunmi, Spokesman for the Atiku Campaign Organization has claimed in a recent interview that President Muhammadu can not speak Fulani.

During a recent interview, Sowunmi claims that PDP presidential Candidate, Atiku Abubakar is more Fulani than Buhari. He claims that the president can't speak 'Fulfulde' which is the name of the Fulani language.

PoliticsNGR has the Footage.

Watch the Video HERE

https://politicsngr.com/just-president-buhari-can-not-speak-fulani-sowunmi-watch/
So we can assume that Atiku and Fulani herdsmen have a lot in common? recall that wikki leaks revealed that Atiku sponsored Sharia crisis against OBJ during their 3rd term brouhaha.
https://wikileaks.org/plusd/cables/02ABUJA3344_a.html
Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m): 3:03pm On Dec 05, 2018
TonyeBarcanista:
Buhari can't win 2019 except he rigs
I really dont understand you guys, why will Baba rig against ordinary atiku? what did Atiku achieve in Adamawa state in his 8yrs stint as VP? Im not talking of north oo? how can you compare him with a former ptf chairman, governor and the brain behind PINE all geared towards development of the north and Nigeria at large? You actually Insulted Buhari, if it was Buhari vs Kwankwaso, i would have had a little doubt, against Atiku, its a walk in the park, who knows Atiku for any good thing in the north except IPOB flies he is dashing dollars? pls pls, lets discuss something serious, Atiku will be defeated in a manner that he will beg to pull out from the contest.
Baba & Atiku are not popularity mates!!
Politics › Re: VP Osinbajo Launches Door-to-door Campaign In Nyanya, Karu, Roots For Buhari by jpphilips(m): 2:50pm On Dec 05, 2018
author=discusant post=73572895]

Only political ignoramuses from southern Nigeria fail to understand that the fraudulent use of land mass as criterion to proliferate 20 states in one northern region is reason why even a cow from northern Nigeria led by Fulani, can defeat a professor of Law from any part of southern Nigeria in Nigeria's presidential election
There is no direct relationship between Landmass and wining a presidential election. This paragraph is a baseless rant!



Even an Almajiri on the streets of Kano or Kaduna can tell you that land mass or population is not used as criterion to decide where and how many new political units, like states or local government areas, can be created in any area in a country formed by diverse regions.
Landmass and population are not criteria for creating political units? really? I dared you to this debate with the mindset you will spew the usual ignorant clinches oozing out from several drug addicts called Nigerian youths. surely i wasn't disappointed.

In case you want to help your destiny with a little enlightenment, find out why the State of Wyoming has just one representative while the state of California has 53, you may find out why the state of Wyoming has just 2 electoral college votes but California has 54, when you get the right understanding, then we talk.



There should have been more states and local government areas in the two southern regions that formed independent Nigeria with the one northern region in 1960, than in the northern region.


To win Nigeria's presidential election, a candidate must win 25% of votes in 24 states.

Unless north led by Fulani is tired of ruling Nigeria, that's when a southern candidate can win 25% of votes in 24 states.


Osjnbajo the professor shall continue to play second fiddle .... unless Nigeria is politically restructured
I would ve loved to educate you more why Nigeria transited from regions to states, but looking at your points so far, you are just another bloody waste of time, oozing not researched facts but hallucinations of mentally incompetent people with loud mouths, people that are manacled from digging facts but singing hallelujah on the conspiracy of others.
If you think that states were created to win elections, then you are suffering from historical malnutrition.
Just go and study, you will be glad you did.
Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m): 2:29pm On Dec 05, 2018
id911:
You would certainly watch as we Atikulate our way into Aso Rock because majority of Nigerians are already tired of the acute incompetence of the current worthless regime
What you forgot is that we lived through Atiku's privatization, money laundering & bribery incompetence for 8yrs, perhaps you hadn't pubic hairs then. Atiku running against Buhari is like a prostitute gang rap3d by 3 horses. You know that feeling right?
Buhari as a private contestant was deadly enough let alone with power of incumbency and heart of charity for the poor!! Atiku's defeat will not even make headlines it will be so easy that Nigerians will forget the contest in a week.
Only the IPOB & Jubril Kanu gang will continue their noise afterwards, Buhari and Atiku are not popularity mates, one is a god, the other is a mere mortal!!
Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m): 2:21pm On Dec 05, 2018
seunlly:
Bro.
I have work to do!
Will not sit down with this your copy and paste carp and be reading it.

Well summary is highly welcome sha
Wasn't for you bro!! minimum IQ requirement to digest that piece is 100 not 5.
Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m):
[quote author=seunlly post=73573357][/quote]
IS BUHARI TRULY RESPONSIBLE FOR OUR ECONOMIC WOES?

A lot have been said about Buhari, how he brought hardship on Nigerians, how he is responsible for all the suffering in Nigeria, is that theory backed with facts and global economic realities or the shenanigans of few individuals basking in the Euphoria of ignorance?
Since I must make a choice between our present loud political gladiators, I armed myself with Economics textbooks and news archive, here is what i discovered.

Nigeria an oil producing and oil dependent economy suffered a global economic hit called crude oil price shock
it is the sudden drop in price of crude oil in the commodity trading market, it has occurred at different times in History nearly every decade. Countries that are hardest hit by crude shock are basically countries that not only produce crude oil in significant amount but solely depend on it as their foreign exchange earner. While oil shocks have asymmetric effects in oil-exporting developing countries; lower oil prices lead to major revenue cuts and ensuing stagnation in the economy, but higher oil prices and accompanying higher revenues do not translate into sustained economic growth.

What are the effects of crude shock in oil producing developing economies?

Forex scarcity: Most developing economies whether oil producing or not, depend on importation to survive, where foreign currency becomes scarce, industries, individuals that have significant need for forex will likely close shops giving birth to the second problem unemployment then finally the master Recession.

Unemployment: When industries no longer have forex to buy spare parts, can no longer afford raw materials, production slows, sales slows, profit eroded, workers sacked, since the volume of activities in the economy is directly proportional to the GDP, the GDP contracts and birth another economic monster Recession.

Recession is a chain reaction of unpalatable economic events that shows the economy is not experiencing growth but contracting, lets look at the effects of recession, high energy cost (energy in most developing economies are subsidized one way or another) crude shock and eventually recession erodes government revenues till a point where it could no longer afford subsidies and other things it used to afford.
In Nigeria where our Electricity Generation companies are subsidized, petroleum products are subsidized,you will understand that such partial or complete subsidy removal will quickly skyrocket the cost of living generally, transportation, cost of food etc are equally affected that leads to another monster called Inflation.

Inflation: is defined as a phenomenon where huge bills are in search of few goods, how is that possible? when the industries that produce goods closed down, imports could not be sustained due to Forex shortages where will the goods come from? the absence of those goods while the bills remain triggers inflation, causes hunger and eventually poverty and devaluation of local currency.

Devaluation is when global reserve currencies trade higher than your currency, of course you recall that an economy in crude shock first suffers Forex shortages, that robs the central bank (in the case of Nigeria) the ability to fix the currency at a reasonable exchange rate.
The local currency is allowed to float along a band the cbn thinks may not be too hurtful on the economy.
Forex ban is placed on certain commodities, debit cards like Visa, Mastercard et al are all placed on monthly transaction limits as a reflection of the reality of forex shortages.

Okonjo iweala then finance minister and coordinator of the economy actually warned Nigerians in 2014 long before buhari came that the level of mismanagement will bring hunger to us, read here: https://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html
If okonjo iweala saw this hunger in 2014, warned us about it, how can a sane person accuse buhari of bringing hardship?

Between 2015-2017, all these happened in the Nigerian economy, then I asked "are we the only oil dependent economies in the world? why us alone?
The answer took me to several countries in the world and I realized that other oil producing countries dont depend on oil alone, countries like Russia though the largest producer of crude oil in the world, has a robust defense industry that contribute significantly to its GDP, Russia equally enjoys large market shares in Gas distribution in Eurasia, by the time crude oil shock hit, Russia had over $400b in reserves,
It became clear that the only economic move that could hold off crude oil shock and other global economic shocks is a robust foreign exchange reserves (Savings).

Permit me to take you down our economic history, in 2008 during the global melt down, the then CBN governor prof. Chukwuma Charles soludo bragged that the Nigerian economy is immune to global shocks? That would have sounded ridiculous but it is true, what did he do? they launched an economic strategy called National Economic Empowerment And Development Strategy NEEDS.
This strategy recommended that once crude oil is sold, the balance above the budget benchmark is kept in an account called the ECA, by the time that government left and another took over in 2007, both the ECA & Foreign reserve account held over $68b in reserves, in a $200b economy at the time, that reserve was significant enough to whither any storm that came the way of our economy, Much later into the crisis, Nigeria later relaxed its exchange rate to 155 to a dollar. now we know that Nigeria had in the past stood resilience in the face of global shocks with a culture of Savings.

Global economic meltdown is worse than crude shock because in a meltdown, major economies are affected, capital flight becomes common in developing economies, crude oil customers reduce demand thereby pushing prices lower, the saddest part is that no country has money to borrow anyone during global meltdown, yet Nigeria Survived it with Soludo's brilliant strategy. A strategy that was blatantly refused by the previous administration when suggested by Iweala, recall that Iweala worked with Soludo in that NEEDS team.


Fast forward to 2015, Three out of the top four producers of crude oil in Africa by their production, Nigeria, Angola, Algeria and Egypt were all in recession even though Egypt does not significantly depend on oil but her economy was shattered. Algeria escaped recession because by 2014, just like Nigeria in 2008, Algeria had a foreign reserve balance of $194b in a $156.1b economy (122% of GDP in savings).You can see that the Robust reserve of Algeria was their savior in this modern crude oil shock era. The previous administration in Nigeria boasted of leaving behind a paltry $19b for a $500b economy at the time (3.8% of GDP), that amount is not even enough to pay for imports let alone absorb global shocks, so Nigeria can be rightly described in late 2014 as an oil dependent economy with no savings. How important is this savings?

Lets take our research to the Second largest producer of crude oil Angola, just like Nigeria with no significant savings, Angola's challenges needs no introduction, let facts speak for itself

Angola suffered severe Forex & currency challenges just like Nigeria. According to Bloomberg
They not only devalued their currency, they equally allowed it to float like Nigeria's
Angola devalued its currency as the OPEC member sought to revive an economy still reeling from the oil-price crash four years ago.

The kwanza fell 11 percent to 187.95 per dollar by 3:35 p.m. in Luanda and depreciated 10 percent to 221.75 against the euro. The move came a day after the central bank allowed the currency to weaken in its first auction of foreign exchange since announcing it would end a dollar peg that’s been in place since April 2016.....Bloomberg
https://www.bloomberg.com/news/articles/2018-01-09/angola-kwanza-weakens-in-first-currency-auction-after-peg-lifted
Borrowing to fund Budget deficits, just like Nigeria, Angola has borrowed to the point of requesting a bail out from the IMF
https://www.vanguardngr.com/2018/08/angola-says-to-request-4-5-bn-imf-loan-as-crisis-lingers/

Unemployment Rate in Angola increased to 20 percent in 2017 from 19.90 percent in 2016.
https://tradingeconomics.com/angola/unemployment-rate


Inflation in Angola was a whooping 23.67 percent in December 2017, data on the national statistics agency's website showed on Wednesday.
Price growth on a month-on-month basis rose to 1.47 percent in January from 1.2 percent previously.

Poverty in Angola
According to Angola's 2001 MPI, more than 77% of the population was multidimensionally poor. ... The latest available World Bank figure for income poverty in Angola, from 2008, shows that 36.6% of the population is income poor. Angola's population is currently estimated at 29.7 million.

I can go on and on the list is endless, as a matter of undeniable fact, Angola just like Nigeria are the largest producers in Africa, they practically did not save enough and they were hit hard by crude price shock. to balance the analysis, it will be unfair to discuss those that didn't save without giving kudos to those that saved, like i said previously, Algeria saved a whooping $194b when the going was good, as such its economy was immune to crude shock.

Russia like we said though had currency challenges during the period under review ostensibly because of western sanctions, Russia had over $400b in reserves by ending of 2014.

Saudi Arabia was immune to crude shock not without little currency & subsidy issues ostensibly because of its huge financing of the war in Yemen, they were sitting on a comfortable $732b by the end of 2014.

My country men, you can see that this suffering was brought upon us by mismanagement by the same people that are warming up to continue from where fate has left us, if buhari had $100b in our foreign reserve in 2015, we wont be hungry today, we wont lose our jobs, we wont lose our manufacturing industries, this is the truth that shall set us free!

Some even blamed it on Avengers attack of 2016

Niger delta avengers was a non issue, if you noticed, I expunged them from my initial analysis, here is why;
We were in crude shock from late 2014, Avengers struck in 2016, since 2014, your GDP wasn't showing any growth but retrogression or doldrums meaning you were heading towards recession anyways as a result of crude shock.

If Avengers did not strike, OPEC would have asked us to cut production to boost prices,
read:
https://www.bloomberg.com/news/articles/2016-09-28/opec-said-to-agree-on-first-oil-output-cut-in-eight-years

So Avengers or any form of production cut at the time was a non issue. OPEC gave us production cut waiver because Nigeria has already declared force-majore in most of its crude oil export channels.

Nigerian people, what is your present government doing to stem this tide that has shocked the fabrics of our nation to the Marrow?


The vice president being the economic manager of the country Launched the ERGP, with it Nigeria even in recession was able to save $47b in our foreign reserve, at this pace, I have no doubt that this money will hit $100b in the next 4yrs, that is a guarantee that our economy will become immune to global shocks once again, not just crude shocks alone. (Algerian model)

The moment that money crossed $40b mark, forex shortages disappeared, importers stopped complaining, manufacturers stopped complaining of dollar scarcity, debit cards relaxed their limits etc, that was a killer stroke in our economic recovery strategy, inflation immediately responded to the potency of the ERGP from 18.8% in 2017 to 11.23% in 2018.
This reserve will boost investors confidence that the economy is liquid enough for profit repatriation, that is how the jobs will return, job creation is private sector driven, not govt.

Among the three oil dependent economies in Africa that landed in recession within the same period, Nigeria was the first to exit recession, that was historical & mind blowing, despite fighting terrorism and with a massive population, we did it first before any other country.

By Blocking loopholes Our Federal allocation that used to be a misery 311b naira in june 2016 is between 600-700b naira in presently.
This volume if held steady will continue providing liquidity that will surely inflate the economy.

Nigeria is building a Gas liquefying plant called the NLNG train 7 project, that will in a way increase revenue from Gas against depending on oil alone, there are other ongoing Gas projects like the AKK projects and other Gas for power projects, rightly put, the economy is being diversified towards gas. (Russian model)
https://www.vanguardngr.com/2018/07/nnpc-signs-agreement-for-seven-critical-gas-projects/

As you can see here, Manufacturing is gradually expanding, next will be jobs returning on its own


https://www.thisdaylive.com/index.php/2018/07/08/cbn-at-57-0-pmi-manufacturing-sector-expanded-in-june/amp/


We don't need Atiku's stealing to truncate an economic process already in recovery.


In conclusion, I can state for a fact that the economic challenges of this country has nothing to do with Buhari under the circumstances he met on ground, we have a chance to fix culpability of blames where it rightly belongs on crude shock, or replace this government whose framework seems promising with another leadership of questionable integrity.

Buhari is like a mechanic that was given a car to fix, only for the car owner to accuse him of being the problem of the car when he is yet to fix anything.


We shall never go back to past governments whose inaction landed us in this mess in the first place.
leadership in the past that we tasked to privatize our establishments, all failed save for the one that ended up in his pocket, yet he claimed to create Jobs? How many jobs were lost in that privatization scam where 56 government entities perished?

Where is our NITEL, ALSCON, Nicon Insurance to mention a few? Leadership that claims to create jobs but his company PRODECO folded up? Leadership that claim to create jobs yet it was Buhari that sacked foreigners littered everywhere in his company, does an ordinary logistics company need that much foreigners?

Leadership that is a case study for corruption and money laundering by the US Senate committee on Homeland security, Leadership that preaches restructuring but enjoys monopoly in Niger delta sea ports? Atiku is a walking scam, may we not walk into the scam called Atiku because of lies peddled and perfected by the same holocausts that landed us in bondage, every scam comes with a loud noise, say No to Atiku, we cant move from Abacha loot to Atiku loot at this perilous time.

Fraudulent Leadership that wants to sell 90% of NNPC robbing us of 74% of our forex needs, Leadership that wants to spend $90b annually building infrastructures when Nigeria earns less than $30b annually.

It will be very dangerous and retrogressive to have a leader that is in bad terms with the international community, remember that the united states is the Fulcrum of our war against insurgency, one will argue that if America doesn't sell arms to us we go to Russia, the world works differently now under Donald trump, ask yourself, why did Jonathan not go to those people when America sanctioned him under the Leahy's ban? Yet he sat idly and watched Boko haram slaughter tens of thousands eventually took LGA's? American ban is as good as a global ban, recall how South Africa seized funds Jonathan wanted to use for arms purchase, please dont ask me what is South Africa's business with a US ban, that is how the world works.

In 2017, the US congress passed a law called Countering America's Adversaries Through Sanctions Act, CAATSA to promote the America first agenda while sanctioning countries that do business with American's enemies. If Atiku (God forbid) becomes the president as much as thinks about going to Russia for help, Nigeria will end up in CAATSA web, and that is when the true Hunger will manifest.

Can you live under a US sanction like North Korea and Iran? can you live with a Boko haram that is out of control? A boko haram that once
bombed Abuja for fun but Today the once Almighty Shekau is in hiding? what about other support we get from the US like the USAID? free immunization? Polio prevention? HIV and AIDS vaccines? Machinery and oil and gas technologies etc? are you willing to throw away all these because of a criminal whose greed led him to commit atrocities in the United states or hate for Buhari that is built on lies?
When faced with these realities, Atiku will never achieve anything, rather he will steal what we have left and disappear like he did in the US.

May God help us!!

Watch Peter obi summarize this analysis

https://twitter.com/i/status/1058007016810123264

Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m): 1:43pm On Dec 05, 2018
TonyeBarcanista:
Amen
Compare the prices of those items when PDP took over in 1999 to understand how ridiculous your list sounds. I thought the shock of 2015 election results landed you in coma? who resurrected you?
Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m): 1:37pm On Dec 05, 2018
id911:
See the real definition of failure in what is written below
Can you tell us what a PDP government that sold highest crude price did with a 12T naira debt?
If the PDP reserved about $200b in our fx reserve, will buhari be stup!d to borrow 10T naira? oh! I forgot that Algeria that sold less oil than PDP reserved $194b for their $158b economy by the end of 2014 when global shocks arrived, meanwhile, the ineffectual buffoon told Nigerians to rejoice for he has reserved $29b for our $500b economy grin grin , an amount that is not enough for import payments? immediately he was disgraced from office, Nigeria faced the worst dollar crisis in history.

Jonathan's subsidy bill by 2012 was $6.8b you can tame your ignorance here
https://www.reuters.com/article/us-nigeria-subsidy-graft-idUSBRE84C08N20120513

The rest of your meme are not worthy of a debate, we settle it once and for all at the polls, Atiku's retirement will shock you, just watch!!
Politics › Re: Pictures As PDP Leaders Storm Ilorin For Northcentral Rally by jpphilips(m): 1:20pm On Dec 05, 2018
TonyeBarcanista:
Greatest Atikulated Nigeria
hitherto, I actually gave Atiku NC credit, its obvious that all he has is Saraki's Youth league, Buhari is winning this election with a land slide victory.

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