₦airaland Forum

alj harem:
GEJ should veto this thing before he leaves the office, if not after GEJ wahala go shele.

This comment is interesting to me.


I expect the PDP propaganda machine to use this reasoning in 2015. For a different purpose   


Erm, I can be consulted

^

Well, at that time we had regionalism. That was something we sat down in Nigeria and London to decide before 1960.

Yes. It was not perfect because of British meddling, but it was adequate until Idealistic military brats came and turned it upside down with no clear plan. So here we are today.

Maybe somebody in power one day will take his/her head out of the sand and do the needful. SNC, radical restructuring or something similar, else this house will perish on all of them anyway.

These are senseless terror attacks.

I fear for the creeks.

@Ptolomeus, it's nice to have you on the forum. Please keep the comments coming and if you have questions about our own culture let us know. I know I'll have more questions for you and michelly when I have more time. Welcome bro.

Thanks Ekt_bear, I'm looking through that document.

This issue should be a no-brainer if we had a truely federal structure. That is the reason why some of us think nothing can work until we reform the structure.

The FG, instead of focusing on making broad simple policies and allow States and LGs to deal with the rest, they want to regulate everything from Abuja to the local public toilet. All because of money, power and control.

I hope they won't come up with another "lack of evidence" excuse to release this looter.

This one should rot in jail if found guilty. They need to confiscate all his properties and bank accounts.

501Million for one person? na hin get Lagos?

[quote author=ekt_bear link=topic=883510.msg10306523#msg10306523 date=1330602163]Kilode they actually have this information on their site. Take a look here:

http://www.nercng.org/index.php?option=com_docman&task=cat_view&gid=29&Itemid=56[/quote]Thanks!

So what is R2 and R3? I was not able to find the definition on the site.

I'm assumng those are like medium use single family homes, say 4-5 bedroom, is that correct?

So from that document, it appears they fixed prices for R2 designated residences at  about N10/Kwh or 6 cents/kwh

R3 = N27.00 or  17Cents/kwh

I guess we'll need to get the estimated cost of producing 1/kwh in an economy like ours to really see what price or cost burden both sides can carry?


seems you've studied this a lot Ekt_bear  what do you think?

"The establishment of an appropriate pricing regime.

For the sector to be financially viable throughout the value chain, the end-user tariff must at least be at a cost-reflective level. However, the tariff as it now stands is significantly below what is necessary for the sector. As a result, not only is PHCN continuously unable to meet recurrent expenditure requirements, it must continually beg government for additional monies for short term and long term capital expenditure. Further, and more importantly, without a pricing regime that supports financial viability in the sector, it simply makes no sense for a private sector operator to come into the market.

The Nigerian Electricity Regulatory Commission will, therefore, be undertaking a major review of the tariff regime which will be completed before the end of the first quarter of 2011 with a view to replacing the national uniform tariff with a new genuinely cost- reflective ceiling on end-user tariffs"

I copied this from Governments published Roadmap. Except they've instituted new prices. No point arguing.

They admitted that their current price regime is nonsense and unworkable.

Ekt_bear, Gbawe, PointB, do you guys know what the new tariffs are? Please post if you know. They said 1st quater 2011, this is 1st Q 2012. Any info on the new prices.

Let's not kid ourselves. A government that is committed to gradualism, a government without the balls to step on toes or get radical cannot tackle the type of corruption we have in Nigeria.

If you are not ready to jail people or apply punitive measures, you are simply playing a weak defensive game. The corrupt will keep attacking till they find a way to score and they will definitely score.

You have to take the fight to them. I'm yet to see that.

When I see a Nigerian Government taking the fight to corruption, attacking and drawing blood, then I will believe they are serious.

World bank go bow now, especially when your hosts are the same ones passing small notes asking you to excuse their friends. 

If you are reading all the confusing Reports on this thread and you still find it difficult to believe this guy is not BH and innocent (I'm certainly not 100% sure myself), then imagine what a Mob full of angry, scared and traumatized people would have thought the moment somebody identified him as a bomber ( False of Not )

A Mob is an irrational, dangerous thing.

May you never be as the mercy of a Mob.

I've read quite a bit about Chicken Republic. Very impressive achievements in such a short period of time.

It's impressive that he went into a Business that was already popular in Nigeria (QSR) made a few changes, copied a few best practices, added some very trendy Ad campaigns and kaboom! He went very close to the top. I also see that almost all his top people are Naija trained

I wish them well.

Michelly, did you use a translator software to re-write my post? I'm just curious. The structure is different.

It's amazing how we can communicate even though we don't speak the same langauage. I'll be back with my thoughts later.

^
Thanks for sharing Sagamite. You see, another thing a lot of people don't realize is that the corruption is not limited to public officials. People like Danjuma and the greedy oil chiefs mentioned here are part of a larger cartel that includes elected officials, top civil servants and of course private cartel business men.

It's a stinking house of dirty dealings bringing nothing but poverty to Nigeria.

^
LOL , maybe Oyedepo is OPC afterall. Sango Otta Brigade.

Anyway there are some funny interviews in that video, maybe someone with better embed skills can put it up here for others to watch.

by Lekan Olanrewaju

Bishop David Oyedepo, Pastor Tunde Bakare, Yinka Odumakin, Joe Igbokwe, and Abdullahii Kabir recently joined Sahara TV for a discussion on Nigeria’s unity during the course of which the Bishop made the controversial statement that the country should “break up.”

“Marriage is not by force,” he said. “If the Nation will break let it break”

Pastor Tunde Bakare on the other hand said “My Standpoint is that we should create a Nation that works instead of calling for Nigeria to split”

“Nation Building is a daily dialogue,” said Yinka Odumakin “We need to convoke a Sovereign National Conference and discuss way forward.”

“We are better united but need to discuss the basis for our unity, we cannot continue to sacrifice the lives of our people,” said Joe Igbokwe.

See video via link:



via:  http://ynaija.com/watch-bishop-david-oyedepo-explodes-let-nigeria-break-up/

“In any case, it is the majority that will always carry the day.”

Hopefully those who want SNC but keep voting ostrich politicians will remember this dismissive retort from Rep. Zakari Mohammed next time they go to the polling booth. 

China = No time


Very harsh though.

But when you have 1.1Billion mouths competing for scarce resources, it's hard to be humane.

All the Gbogbo "Owners of Nigeria" cannot rock their own boat, it's too risky.

Oil is still flowing so why spoil the fun?



He's right about one thing though, as long as gullible Nigerians keep rewarding these failures with power by voting them back in, then they just have to make do with going through them for any changes they seek.

Can't blame the "honourable"

Sagamite:
Believe me, no one is doing a legal business if he is a billionaire or multi-millionaire in hundreds without any structured company that is employing a lot of professional employees.

People like that are just connected, underhand crooks getting dubious contracts.

You dey mind them?

Legal business for where?? As if it's that easy to build a multimillion dollar company from scratch. Even Danjuma is forming legal, donating money like father Christmas, possibly to mend his corrupt soul.

Is it that easy? Even to rent a ship you'll need massive financing plus insurance premiums, talkess of buying one. Yet he claimed he became rich through his shipping business after retiring as a General at age 40??

ilugunboy:
Yes I know, I schooled in Unimaid. . . . .funny things we were much brighter than their kids back them in school. . . .though they dont need the certificate anyway as they all ended in the family business.

BTW . . . .Indimi is a Kanuri from Maiduguri and not as erroneously posted in the article as coming from Niger. His house occupies acres and acres of land.

Ever heard of M&W Pumps? The M stands for Mohammed (Indimi) while the W stands for Williams (Bush). The families are long time business partners.

Hmm. Are you speaking of the M&W pumps referenced in the story below?

I know it's little bit disjointed but it's hard not to believe these people are capable of these corrupt deals.



http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=104x40400

Reading about the escapades of Neil Bush in his quest for intimate fulfillment in Asia yesterday (NY Post report on his divorce deposition)I remembered something I read quite a while ago NOT involving Silverado S&L. What I've found this morning is pretty chilling, and I hope the information here is not too disjointed. Some took a long time to find, much popped up like a daisy seedling. And a lot of good people have written about Neil and Jeb, but all of a sudden, I began to connect the dots, and the Continent of Africa, Jeb, Neil, and the President are linked like a fence on the back 40.


Jeb Bush was approached in 1985 by Miguel Recarey Jr., owner of Miami-based International Medical Centers, a large health maintenance organization. Recarey said he needed an office building, but he also complained to Bush about the Department of Health and Human Services' tightening Medicare rules, which threatened to cut into IMC's profits.

Recarey asked Jeb Bush to call a Medicare official who had worked on George Bush's campaigns. Jeb Bush agreed to call to urge "fair treatment" for Recarey, but denies seeking special favors. Recarey paid Bush's real estate company $75,000, a fee some say was payment for Bush's intervention. Bush says it was for his real estate work. IMC never picked a building shown by Bush. (Bush has since said he wasn't aware that Recarey already had an arrest record and spent 30 days in jail in 1973 for income tax evasion.)

IMC was shut down by regulators in 1987 because it was insolvent. At least $200-million in Medicare money was missing. Recarey was convicted on various charges, but he fled the country. More than 10 years later, Recarey remains on the FBI's list of international fugitives wanted for fraud and bribery.


[b]MWI Corporation of Florida, in which Jeb Bush was once a partner and Neil Bush did the footwork for, is in court over allegations of bribery in selling water pumps in Nigeria. MWI is trying to seal all kinds of records, including many covering Neil and Jeb's involvement.

The Justice Department filed a civil complaint against MWI and Eller (David Eller, a Broward County Republican fund-raiser), saying they improperly funneled one third of the $74-million to a Nigerian agent as commission money. In turn, the complaint says, the agent and other company officials paid Nigerian government officials who then bought MWI pumps. The federal complaint also says that Eller twice flew suitcases of cash to offshore tax havens to hide his assets.

Bush got reacquainted with David Eller, owner of M&W Pump (now MWI Corporation), a Deerfield Beach water pump company, who was tapped by then-Gov. Bob Martinez for the state lottery commission. He and Eller formed Bush-El Corp. in 1988 to market M&W's irrigation and flood control pumps. Bush went to Nigeria, where he pledged his father would increase aid to developing countries, according to Nigerian press reports. The company relied on pump sales financed by U.S.-backed loans when President Bush was in the White House. In 1989, Jeb Bush and his wife traveled to Nigeria with a executives of M&W Pump. Jeb and Columba Bush were received by Nigerian President Ibrahim Babangida and celebrated by tens of thousands of Nigerians who turned out to see the son of the U.S. president. President Babangida expressed his interest in visiting the White House -- a request Jeb promised to pass along to his father -- and by 1992 the Florida pump company had secured $74 million in financing from the Export-Import Bank of the United States. It was by far the largest Ex-Im deal M&W had ever done in Nigeria -- a country Ex-Im loan officers considered a bad risk.

One lingering question about the pump sales in Nigeria: Did Bush use his political connections to line up U.S. backed loans needed to finance Nigeria's pump purchases? The sales depended on $74-million in loans from the federally backed Export-Import Bank of the United States. Eller in a written statement, said Neil Bush coordinated private financing, which fell through. But he contends Bush didn't have anything to do with getting the U.S.-backed loans. Nigeria has yet to repay most of the loans. If they fail to repay them, U.S. taxpayers foot the bill. [/b]

Neil Bush said his commissions from Bush-El came from work in countries that didn't use U.S.-backed loans. But Bush-El has been sued by Robert Purcell, a former vice president of M&W, who alleges he was cheated out of $1-million because profits were diverted to the Bush-Eller partnership. Bush invested no money in Bush-El. His total proceeds: $648,250. Eller and his family also gave the state GOP $25,280 in August and chipped in $5,250 to the Bush campaign.

1 year after we debated this thread, we still can't prosecute wicked looters like Ibori without British help.

GenBuhari:
@kilode?!
Story is still not credible.

So he claims that Abacha gave him oil block and then waited a whole 10 years to cash it in during Obasanjo's government?
Sounds like he may gotten probably during Obasanjo's rule or during the transitional government of Abdulsalami Abubakar, when there was probably a free for all for top military men to raid the treasury prior to handover to civilian govern.

There is no way Abacha could have achieved all he did whilst looting.

Even with all Obasanjo's blind probe of Abacha over his entire 8years tenure, he never found any oil blocks belonging to Abacha, so how Abacha could be giving away oil blocks without having any for himself sounds incredible.

Obasanjo was the leader known for using oil blocks to bribe and selling off / giving away all Nigeria's assets.

If Danjuma actually said this (and there is no guarantee he did) then it would be odd thing to say, unless he was deliberately trying to maliciously discredit  Abacha, which is very likely.

I'm sorry, your comeback excuse did not make any sense. He sold the block to Cnooc the Chinese oil company for a profit. Does it matter if it was 10 years later or 10mins?

You dont have to Exonerate one thief to condemn another they are all wicked looters

BTW, Did you live in Nigeria when Abacha was HoS?

Anyway I'm about done here.

You are entitled to your own illusions.

@GenBuhari I found it. That was Danjuma in his own words, at the launching of his "charity org"


Abacha gave him that oil block without any verifiable due process. Dude sold it to the Chinese and pocketed a cool $1Billion. If I have the time I can dig up more stories of people who got such largesse during Abacha's era from the Chagouris (Lebanese) to other wide eyes thieving associates of Abacha.


You have to do some major Ostriching to conclude that Abacha was not a looter, what is his family business again? What products or services do they have in the market? How did they get the money to invest? From his soldier Salary?

C'mon bro. They are all wicked Looters!

I made $500m from oil block, but didn’t know how to spend it — Danjuma

Posted To The Web: Wednesday, February 17, 2010 - Olusola Fabiyi


A former Minister of Defence, Lt.-Gen Theophilus Danjuma, shocked his audience at a consultative meeting his Foundation and some Non-Governmental Organisations had in Abuja on Wednesday when he narrated how he made $500m from an oil business, and was in a fix on how to spend it.

The chief executives of the NGOs at the meeting could not believe their ears after hearing Danjuma’s narration.







The former Chief of Army Staff said the $500m, came as his profit from the total of $1bn he had realised from selling an oil block, which was allocated to him 12 years ago.

About $500m had been used to settle some pressing personal issues, pay his staff, and tax to the government.

He recalled that the story started 12 years ago when he was allocated an oil block by the regime of late Gen. Sani Abacha.

He said that the oil block which was in Port Harcourt, River State, however, took him about 10 years before his company first struck oil. Luckily for him, by this time, the price of oil had soared in the international market.

He said this made him to sell the block because he knew that “whatever goes up must come down,” stressing that the deal fetched him $1bn.

He also said that he was left with ‘just’ $500m after he had taken care of the essentials of life.

He said that he was not sure whether the money would be secured in the bank. Still, he said that he contemplated saving the money for his children. Yet, a second thought, told him this was not the wisest thing to do as his children might fight over it after his death. So, what would he do with the money?

“It was at this junction I decided to establish a foundation which I have committed $100m to. Before I ventured into the business, I told the participants how I retired early from the army.

“I retired at an early age of 41 from the army; it was also because I got to the top early and after that, I started shipping business and became reasonably rich.”

Danjuma wondered what he would be doing with an extra $500m at the age of 72, saying, “I decided to set up a foundation and endow it with my fund. This is because the Nigerian government no matter how noble its intentions cannot address these challenges on its own.

“In fact, in all developed countries, the implementation of social projects is never the sole responsibility of government; there are often strong collaborations as well as the private sector.”

http://news.onlinenigeria.com/templates/?a=15523&z=12

@GenBuhari, Haven't you picked it up yet? That they served in the same govt or not does not mean he can't give him oil blocks, in any case, Danjuma IBB Abacha and co were in the Military together, planned coups together, prior to when he seized power from Shonekan, Abacha had been involved in almost every coup since Murtala/Danjuma's putsch.

C'mon bro!

I will not argue about the good economic achievements you mentioned because it is a ridiculous one. I lived through Abacha's rule I'm not aware of the economic achievements you are talking about. Even GEJ is touting the few % increase in GDP as economic devt, so go figure.

I'll find and post Danjuma's interview soon.

It will be nice if they can do the same at election time.

This is so sad. Brought some of the back and forth arguments on the other thread into perspective.

Like I said there, the biggest tragedy is that erstwhile normal people run the risk of becoming like the same people terrorizing their lives. Just like Al-Qaeda forced America to become a more jittery nation post 9-11, Boko Haram is succeeding here too.

Very sad Development if it's true.

Great thread!

Translating michelly, best I could get through Babel

Yes, popular parties as the carnival are not a rite But it discloses the true religion of the Brazilian people, its mythical linking with Africa mother, to each moment is remembered, this in our unconscious collective one. Sincretismo in Brazil total abolished because already ha some decades does not have more reason of being and great houses of Camdomble had initiated movements to get rid itself of this sincretismo.

In a similar way also it was become free of concepts of other mixed religions as the case of the Buddhism, hinduismo, espiritismo.

From years 80 with the arrival of Babalawos we could review the concepts of camdomblé and group the knowledge that we had lost in the diáspora, mainly in question to the literary body of Ifa. Official religion still is Catholic, but this only in the paper When Brazilian it has problems looks the Babalorisa, does not have Brazilian that it does not know orisá E, today, also looks to Babalawo therefore certain Babalorisa things does not obtain to decide

Ire

Michelly and ptolomeus, keep your thoughts coming. Thanks

Hmmm

@GenBuhari,

There was even an inteview in which Danjuma confessed he did not know what to do with his sudden windfall. I'll post it when I find it.

Notice how they keep using the keyword "gave" ??

No serious due process, nothing. Just shameless wicked corruption, high cronyism and unforgivable nepotism.

I don't even want to talk about the people he murdered through his goons.

Nigerian 'Philanthropist' Gives Away $100 Million
   

Nigerian General TY Danjuma
I was hoping that at some point, Nigeria’s two billionaires — Mike Adenuga and Aliko Dangote — would participate in Bill Gates’ Giving Pledge. But that is very unlikely. Even though several Nigerian millionaires have more money than they know what to do with, they’d rather keep it to themselves than give it away.

However, a Nigerian oil magnate and former defense minister, TY Danjuma just might be a different breed. The 73-year old has put over $100 million of his own money into his Charity, the TY Danjuma Foundation- making it one of Africa’s largest charities, and Danjuma, the country’s biggest philanthropist.

TY Danjuma, a retired military General was Nigeria’s Chief of Army Staff in the 70s and served as the Minister of Defense during former President Olusegun Obasanjo’s tenure between 1999 and 2003. Danjuma has always been one of Nigeria’s most influential people. He was a close ally, loyalist and confidante of the late Nigerian dictator, Sani Abacha, who rewarded General Danjuma with an oil block. The block, which was located in Port Harcourt in the Niger Delta region, was left unexploited for several years.  In 2006, he reportedly sold it to China’s offshore oil company CNOOC  for what  Danjuma said was $1 billion. After taxes, and paying off various dues, he said was left with over $500 million.

But he did not know what to do with the money, so he set up the TY Danjuma foundation with a $100 million endowment. During a public forum in February 2010, he recounted his reasons for setting up the charity:

“This was extra money I did not know what to do with. I did not just want to leave the money in the bank. At some point, I thought about saving the money for my children, but I decided against it. I realized that they could fight over the money after I’m dead. So, I decided, why not give back to my people.”

The TY Danjuma Foundation is a private independent grant making philanthropic organization based in Abuja, Nigeria which makes grants to and partners with Non Governmental organizations that champion and promote causes in Education, free healthcare, policy advocacy and poverty alleviation.

But while TY Danjuma should ordinarily receive applause for his uncommon philanthropic gestures, a wide section of Nigerians have been unreceptive to TY Danjuma’s charity.

“I don’t believe TY Danjuma is a hero of philanthropy,” said Emeka Obi, a social commentator and journalist at Compass Newspapers. “TY Danjuma is the problem with Nigeria whereby a few members of the ruling elite appropriate the nation’s resources and wealth to themselves at the expense of over 100 million Nigerians who are struggling to make ends meet. This is the problem with the Nigerian system: a single man makes so much money not because he is hardworking or deserving, but because he is merely connected to the powers that be. Danjuma was given an oil bloc as a gift. It is preposterous. The $100 million Danjuma has given to the foundation is not his money; it is Nigeria’s money, and it is absurd that he pretends like he’s some sort of philanthropist.”

I put a call through to the foundation, but the phone rang endlessly without a response.

But the good old general hardly seems bothered. Deep down, he believes he’s a philanthropist. He currently devotes his time and energies towards managing South Atlantic Petroleum, a leading indigenous oil exploration and production company he founded, while dabbling in affairs of state once in a while.


http://www.forbes.com/sites/mfonobongnsehe/2011/06/03/nigerian-philanthropist-gives-away-100-million/

GenBuhari:
Please post link where Danjuma gave him oil blocks.

this is highly improbable

Please pay attention to me. Danjuma did not give him oil blocks, He gave Danjum Oil Blocks


That is high Corruption!