₦airaland Forum

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seunny4lif:

But not all Yoruba now
Lagos Yoruba

Ok bro,thanks 4 saying d truth

You 4got to put this one "they talk 2 much"

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guest12345:
May Keep Dangote alive, he will not see any untimely death insha Allah.... He is feeding 30% of Nigerians and we need him to do more.

Who told u that darling,if truly he is feeding 30percent of nigerians d govt wouldn't hav much issues rather we are the ones making him rich

koboko69:
Chukwuma Soludo, former governor of the Central Bank of Nigeria (CBN), says the presidential regime of Goodluck Jonathan had “the worst economic management team” relative to available resources. The former Anambra state governorship aspirant also lamented that the Jonathan administration left the country with an “unprecedented rate of debt accumulation”.

However, he commended the Peoples Democratic Party (PDP) for still managing to record “tremendous progress” in its 16 years of ruling the country. Soludo was speaking in Lagos on Thursday at the third anniversary lecture of the RealNews magazine titled ‘Can a New Buharinomics Save Nigeria?’

“First, I supported President Muhammadu Buhari (PMB) over Jonathan not because I was convinced about the credibility of the APC manifesto (and I said so in my article in January this year) but for three reasons. I was convinced that the last economic team was bankrupting the economy and had no clue as to how to fix it,” he said.

“Second, PMB is the first president of Nigeria under a democracy to have seriously desired the job and struggled for it for over 12 years. To me therefore, he must have a few points to prove, and I was willing to bet on a man who purposefully wanted the job than otherwise. “Third, I was convinced that it would be in the enlightened self-interest of the APC, once in power, to do their utmost to keep power by delivering on the economy unlike the PDP which had taken power for granted. I am still confident that PMB can deliver change (although as I had indicated in my article in January, I didn’t believe that any of the two parties could deliver on their manifesto) but he and his team now need to run at the speed of a 1000 km per hour.

“We must support them to succeed by contributing when we can, and criticising when we must — tough love! I am enjoying my status as ‘an independent’ (I don’t belong to APC or PDP) and I therefore have the liberty to say it as I see it from the balcony! “As at 1999 when PDP came to power, Nigeria was largely a pariah state still lucky to have survived as one indivisible sovereign, especially in the context of the struggle by NADECO and restiveness in many parts of the country. On corruption, Transparency International scored it 1.6 out of 10 and ranked 98 out of 99 countries in 1999.

Nigeria was listed among four countries that were non-compliant on the anti-money laundering rules by the Financial Action Task Force (FATF). “We could not service our external debt and relied on stressful rescheduling, with all the intrusive donor conditionalities. Poverty was estimated at 70%, and unemployment at nearly 20%. The 1990s will go down in our economic history as the decade of stagnation: when per capita income growth was zero. Average oil price in May 1999 when President Obasanjo took over was $15.24 while stock of reserves was about $5 billion.” Reflecting on PDP’s and Jonathan’s reign,

Soludo said: “After 16 years, several challenges remain and some have even worsened (especially insecurity). Although President Jonathan’s regime had the worst economic management relative to the resources at its disposal, it must be stressed that tremendous progress was made in the aggregate 16 years of PDP government. “

Yes, it should have left more than $100 billion in reserves but left only $30 billion (still about six times of what it met). We also wish that Jonathan’s team did not leave Nigeria with unprecedented rate of debt accumulation. But, according to statistics from NBS, the PDP handed over a $550 billion economy (largest in Africa and 26th in the world), with 7.5% unemployment rate (better than European Union, France, Sweden, Belgium, etc although the underemployment figure is much higher); 32%?? poverty rate (as claimed by the former Finance Minister, or 61%??: NBS needs to clarify this claim); a stock of reserves of $30 billion; GDP growth rate averaging 6% over last 12 years; a relatively more diversified economy, with ICT penetration from 0.2% to over 60%, and a new contributory pension scheme now with trillions of Naira in pension fund. “Our external debt is down although total debt stock is escalating.

Our Gini coefficient (degree of inequality) is not different from China’s. Nigeria has consolidated and stronger banking system that currently finances both government debt and the private sector, with a relatively vibrant capital market. The capitalization of the Nigerian Stock Exchange grew from less than N1 trillion to N12 trillion as at handover. For the first time, Nigerian economy is now rated by credit rating agencies (Fitch, and Standard and Poor’s).”

Read more at: https://www.thecable.ng/jonathans-regime-worst-economic-management-team-says-soludo

Jonathan's economy was only good in paper

dned:
To me, the governors are not the lazy ones but the civil servants who are the acclaimed professionals and technocrats that failed to advice the governors appropriately and putting effort to make sure government programmes works.

Have anyone been close to a top civil servant... you will agree with me that that they don't take their job serious with attitudes like - I no go die for Nigeria, incessant absence from work, eye service and lots more.

The governors just political leaders though I'm not shielding them from blames either.

The civil servants have to brace up to the fact that hard times awaits them. They have been enjoying all through and AIDING CORRUPTION.

We heard Fashola with his lame defence that he does not sign checks.

It is still the duty of the governors to straight up those lazy civil servants

citizenisb:
http://www.vanguardngr.com/2015/11/we-can-no-longer-pay-n18000-minimum-wage-govs-cry-out/

ABUJA – Thirty-six States Governors have said that they can no longer pay the N18,000 minimum wage to workers owing to the poor state of the economy.



Rising from a crucial meeting on that ended at the early hours of Thursday at the Old Banquet Hall of the Presidential Villa, Abuja under the umbrella of Nigerian Governors Forum, NGF, the governors said that the dwindling prices of oil had drastically affected their States’ income.

Specifically, they said that the burden of the wage was lighter when oil sold at $126 as against the current $41 per barrel.

They therefore sought to have audience with President Muhammadu Buhari on the economy, resolving that the only way out of the quagmire was to diversify the economy to agriculture and mining.

Reading the communique issued at the end of the meeting, the Chairman of the Forum and governor of Zamfara state, Abdulaziz Yari hinted that the Forum also backed the Nigerian Communications Commission (NCC) over the N2.1trillion sanction on MTN.

According to him, the governors agreed that the fine must be paid in full.

He said that they received briefing from the Acting Executive Chairman/Chief Executive Officer of NCC, Professor Umar Dambata who explained the matter to them.

He said: “We resolved that we must look at ways to enhance revenue generation and at the same time look at ways to cut our overhead costs more especially the political office holders’ salaries and other overhead expenses.

“The situation is no longer the same when we were asked to pay N18,000 minimum wage, when oil price was $126 (per barrel) and continued paying N18,000 minimum wage when the oil is $41 and the source of government expenditure is from oil, and we have not seen prospects in the oil industry in the near future.

“We will diversify our economy in the area of agriculture and mining. But at the same time, we should understand our situation where some of us (states) today are taking N100million take home (monthly allocation) and then have salaries in particular of over N2billion to pay.

“We therefore agreed here to take this suggestion to NEC in our meeting tomorrow (Thursday) so that we can be able to find ways to tackle this problem.

Lazy governors they will always have an excuse,that should find a way of ameliorating the problem

SmithEnemona:
The Senate President, Dr. Bukola Saraki on Thursday requested the Senate Committee on Ethics, Privileges and Public Petitions to investigate a petition filed against the Chairman of the Code of Conduct Tribunal, CCT, Mr. Danladi Umar.

A Peoples Democratic Party, PDP, Senator from Ebonyi State, Obinna Ogba had submitted the petition bordering on alleged corruption and abuse of office by the CCT Chairman.

The ethics committee is expected to submit its report to the Upper Chamber in two weeks.

Meanwhile, the Senate President is equally facing a 13-count charge of alleged false asset declaration and corruption at the CCT.


http://dailypost.ng/2015/11/19/n10m-bribe-saraki-directs-ethics-committee-to-investigate-cct-chairman-umar/

The animal is now pursuing the hunter hmm

GINJALAND:
The fourth deadliest known terrorist group has been named as the Fulani militant group operating in Nigeria and parts of the Central African Republic.

https://s25.postimg.org/89627904f/fula1.png

The little-known group, formed of individuals from the semi-nomadic pastorial ethnic group Fula people existing across several West African nations, has seen a dramatic escalation of its activities in the past year.

https://s2.postimg.org/e0kpf3v3t/fula2.png

In 2013, the Fulani killed around 80 people in total – but by 2014 the group had killed 1,229.

Operating mainly in the middle belt of Nigeria, opposed to the north which is dominated by Boko Haram, the group recorded 847 deaths last year across five states, and has also been knonw to stage attacks in the Central African Republic (CAR), according to the latest report from the Global Terrorism Index.

Little is known about the group, despite the high toll they are inflicting on local civilian populations, but it is supposed the increased instability in CAR and Nigeria - despite some government successes against militant groups - has facilitated the group's expansion.

As much as 92 per cent of their attacks target private citizens, reflecting the group’s primary concern over the ownership of farmland. Each attack claims an average of 11 lives, with the largest known in April 2014 killing as many as 200 people after a group of the militants targeted community leaders and residents during a meeting in central province Zamfara.

In the past year Nigeria has experienced the greatest increase in deaths from terrorism, with 7,512 deaths reported – an increase of over 300 per cent – most of which have been claimed by Boko Haram.


http://ginjaland.com/article/nigerian-fulani-militants-named-as-fourth-deadliest-terror-group-in-world

Another oyibo propaganda,everything bad they shift it 2 africa

Ndlistic:
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Govt should start patronizing made in nigeria car