Politics › Re: Buhari: Blast From The Past - Déjà Vu by kodded(m): 3:41am On Dec 25, 2015*. Modified: 6:45am On Dec 25, 2015 |
ITbomb: BUHARI: BLAST FROM THE PAST NIGERIAN MILITARY IS SEEN AS LOSING SUPPORT By CLIFFORD D. MAY
Published: May 1, 1984
LAGOS, Nigeria, december 24— seven months after seizing power, Nigeria's president appear to be suffering an erosion of popular support. Last March 28, President. Mohammed Buhari led a group o old politicians in a coup against the present Government of President Goodluck Ebele Jonathab, saying the change was necessary to save Nigeria, Africa's richest and most populous nation, from economic collapse.
The ąpc intervention appeared at the time to enjoy enthusiastic support from a broad range of Nigeria's population. Many intellectuals argued that the corruption and incompetence of the Jonathan administration had made drastic action both necessary and inevitable. Traders, merchants and people in the streets welcomed the new party (apc) and looked forward to a quick improvement in their standard of living.
Growing Disappointment Recently, however, there seems to be growing disappointment with both the apc Government's approach and pace. 1. ''Since coming to power, this Government has not found a single problem ,'' Mr. Femi Falana SAN , a prominent lawyer and a longtime opponent of the Jonathan administration. ''But it has managed to alienate the judiciary, the press, labor and students - all the groups that supported it just a few months ago.'' 2. Critics of the present Government point out that it has yet to present its budget. Loan negotiations with the International Monetary Fund continue but Western economists say that Nigeria and the I.M.F. appear to be further apart now than during the final days of the Jonathan administration. Early indications that President Buhari would agree to devalue Nigeria's currency, liberalize trade and reduce domestic petroleum subsidies have so far not materialized. Prices Have Climbed In addition, prices for food and other essential commodities, which fell in the first weeks after the coup largely because of the presence of Department of Security Service (DSS) in the marketplaces, have now returned to or exceeded their levels before the election. Unemployment has been rising, and many of the imported raw materials and spare parts needed to keep factories running have been lacking.
Critics note further that political activity and even debate on social media may been banned and some students organizations have been outlawed. There has been a clampdown on Nigeria's press, and the country's traditionally independent judiciary has also seen its role sharply diminished. ''At the moment we're looking at a clear movement toward authoritarian dictatorship,'' said Gov. Ayodele Fayose executive governor of ekiti state that had often taken the Jonathan administration to task. ''It's a trend that disturbs a lot of people, not least those who welcomed the change of government.'' 3. Spokesmen to the president Mr. Femi Adeshina maintain that they know what they are doing and refuse to be rushed. They deny the charges of inaction, saying that steps have been taken. Trials Being Prepared The Government, they say, has put much energy into investigating the corruption of the Jonathan administration and in preparing tribunals to try the accused, close to 500 of whom are now under detention like Dasuki and Dokpesi. Officials say about 2000 university workers have been sacked from the work and several thousand people have been detained in a crackdown on suspected Biafra protesters and Shittes followers. They say Nigeria's bloated bureaucracy has been streamlined through the dismissal of thousands of officials and civil servants.
Three weeks ago an agreement was reached in Washington DC on converting a part of Nigeria's uninsured trade debts into loans. The Government's critics respond that the economic initiatives treat symptoms rather than causes and aid the larger issue of how to restructure Nigeria's economy.
A Bbc political analyst said president Buhari ''could have accomplished so much if he had moved quickly and boldly in the early days when his popularity was still so high and when he could have credibly blamed everything on Jonathan.'' Sounds familiar? dejjavu  |
Business › Crude Oil Price Could Fall To $20 In 2016 – IMF by kodded(op): 3:08am On Dec 25, 2015 |
Nigeria may be in for harder times than previously envisaged as the International Monetary Fund has predicted that crude oil prices may slump to as low as $20 per barrel in 2016.
In the ‘IMF Executive Board Concludes 2015 Article IV Consultation with Iran’ report, the body highlighted that the price of crude oil could drop by between $5 and $15 in 2016, cableng.com reports.
As of Thursday, the price of crude oil in the international market averaged $37. On December 17, the price fell to $36 per barrel.
The Federal Government 2016 budget had based the 2016 budget on a benchmark oil price of $38 per barrel. If the IMF prediction comes true, the country will be in serious trouble as there won’t be any buffer for the budget.
Crude oil revenue accounts for about 90 per cent of Nigeria’s foreign exchange earnings. Nigeria is projected to produce 2.2 million barrels of crude oil per day in 2016. If it sells at $38 per barrel, it will generate around $83.6m daily or $30.51bn in the entire year. At $20 as predicted by the IMF, Nigeria will generate $44m daily or $16.06bn next year. This will mean that the country will get at least 47.4 per cent less revenue from oil than what is projected, adding more pressure to the nation’s need to go borrowing in 2016.
According to President Muhammadu Buhari, oil related revenues are expected to contribute N820bn to the economy, while the budget deficit, which is projected at N2.22tn, will be funded by foreign and domestic loans.
If the N820bn expected from oil revenues is cut by 47.4 per cent as a result of the IMF projected decline in oil prices, the nation’s budget deficit will climb by N388.68bn to N2.59tn. http://www.punchng.com/oil-could-fall-to-20-in-2016-imf/ |
Politics › Re: Buhari: Blast From The Past - Déjà Vu by kodded(m): 3:02am On Dec 25, 2015 |
hmmm |
Politics › Strike: Doctors Ask Aregbesola To Withdraw Sack Threat by kodded(op): 2:26am On Dec 25, 2015 |
The National Association of Government General Medical and Dental Practitioners has asked Osun State Governor, Mr. Rauf Aregbesola, to withdraw the threat to sack doctors who are currently on strike. The President, NAGG.MDP, Dr. Nurud-din Akindele, said this in Osogbo on Thursday at a press conference to address the association over the seven-day ultimatum given the doctors on December 18. Members of Association of Resident Doctors and doctors in the state government-owned hospitals have been on strike since September 28 over unpaid salary issues. The state government has been paying all workers 50 per cent of their salaries since June but the doctors said they wanted the state government to reach an agreement on when to pay the balance. Akindele said, “The government of Osun State should, as a matter of urgency and in the interest of the public, invest in equipping the hospitals with up-to-date equipment, provide adequate manpower and make the work environment more conducive. “Government should withdraw their threat of sacking the doctors who are only demanding that which is their legitimate rights under labour laws. “Government should put in place appropriate machineries to address the issues listed as a matter of urgency and in public interest. “Failure of government to do the listed may result in us having no choice but to mobilise all doctors in all health institutions, such as teaching hospitals, private hospitals and local government hospitals in Osun State to embark on a total and indefinite withdrawal of service. “ The NAGG called on citizens of the state to prevail on Aregbesola to drop the threat or be ready for a total and indefinite strike of all doctors throughout the state. http://www.punchng.com/strike-doctors-ask-aregbesola-to-withdraw-sack-threat/https://www.punchng.com/wp-content/uploads/2015/12/Rauf-Aregbesola.jpg |
Politics › Nigeria’s Gas Revenue Drops By 50% by kodded(op): 2:15am On Dec 25, 2015 |
Gas proceeds from the Nigeria Liquefied Natural Gas and
others have dropped by 50.2 per cent from $169.728m in
January, the latest data from the Nigerian National
Petroleum Corporation have showed.
The NNPC put gas proceeds from the NLNG, Escravos
Gas to Liquid, Natural Gas Liquids and NGAS in October
at $84.575m.
“Export gas sales and NLNG feedstock accounted for
$84.57m i.e. 18.97 per cent contribution to the
Federation Account compared with 31.21 per cent
contribution in September,” the corporation said in its
latest monthly report.
The dip in gas revenue was partly as a result of the
sustained fall in global natural gas prices since last year
and increased supply in the market.
From a peak of $6 per million British thermal unit last
year, the natural gas price has fallen below $2 per
mmBtu this year. It was trading around $1.98 per
mmBtu.
The NLNG Limited had recently warned that its revenue
was being threatened at the international market amid
the fall in global oil prices.
Many of the global natural gas markets are linked to oil
prices, which have fallen by more than 65 per cent since
June last year.
The firm expressed worry over the impact that the fall in
crude prices was having on its revenue, stressing that
the entry of the United States and Australia into the LNG
market was “a real cause for concern.”
The NLNG stated, “The recent fall in crude oil prices
from above $100 per barrel in early 2014 to below $60
per barrel in early 2015 and its impact on global LNG/
gas prices as well as the demand/supply positions in
both our primary and secondary markets in the Atlantic
and Pacific Basins have had a significant impact on our
revenues and profitability.
“The trend, which will persist till the end of 2015, and
which may even worsen going into 2016 with the entry
of US and Australian LNG volumes into the market, is a
real cause for worry.”
The NLNG, in addition to its traditional deliveries to
Europe and the United States, supplies LNG to South
America, with deliveries to Mexico and Brazil; and to
Asia and the Middle East, with deliveries to Japan,
South Korea, India, China, Taiwan, Thailand and Kuwait.
The company, which currently has LNG production
capacity of 22 million metric tonnes per annum, is
owned by the Federal Government, represented by the
NNPC (49 per cent), Shell Gas BV (25.6 per cent), Total
LNG Nigeria Limited (15 per cent), and Eni International
(10.4 per cent). http://www.punchng.com/nigerias-gas-revenue-drops-by-50/ |
Health › Re: Rising Death Rate In Imo As FG And State Government Shut Down Health Centers by kodded(op): 2:07am On Dec 25, 2015 |
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Health › Rising Death Rate In Imo As FG And State Government Shut Down Health Centers by kodded(op): 2:05am On Dec 25, 2015 |
The rate of deaths in Imo State rises daily as private hospitals in the state are now being overstretched with patients seeking medical attention. This sad development is a result of the closure of state hospitals and the Federal Medical Centre, FMC, Owerri which was shut down by the Federal Government over protracted labour crisis in the centre. The Imo state government had closed down State hospitals to carry out renovations ahead of a proposed takeover by concessionaires. The Federal Government in its part shut down the Federal Medical Centre, Owerri over a protracted industrial dispute between workers and the Medical Director, Dr. (Mrs.) Angela Uwakwem. As a result of the twin action, the capacity of some of most private hospitals are being overstretched as medical staff find it more tasking to attend to patients who were evacuated from the shut down hospitals. It was discovered that at least four patients die on daily basis, hundreds of patients were seen besieging the hospitals. Some said that they have been waiting for several hours to see doctors. “It has not been easy for us, we stay in waiting rooms for so long before we get attention, we are patronizing the private hospitals to seek cure for our sicknesses as the only alternative because government hospitals have not been working.” “Many of the patients brought to these private hospitals are those abandoned in the government hospitals that could not be attended to because the hospitals are not functional” said a doctor that was interviewed on the situation of things. He stated that most the patients were already dead before they were brought to the hospitals. “Since we are here to save lives, we will not discharge them from the gate; we hear pleadings of their people”. http://www.thebreakingtimes.com/rising-death-rate-in-imo-as-federal-and-state-governments-shut-down-health-centres/https://www.thebreakingtimes.com/wp-content/uploads/2015/12/FMC.jpg |
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Christianity Etc › Re: Somalia Government Bans Christmas And New Year Celebrations, Says They Are Contr by kodded(m): 12:42pm On Dec 23, 2015 |
religion of pieces |
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Politics › Re: Foreign Students Scrambling For Selfie With Jonathan - Pics by kodded(m): 12:25pm On Dec 23, 2015 |
" those foreign students also stole our yam, baba will soon catch them " -passingshot |
Politics › Re: Six Things To Expect From Buhari's 2016 Budget by kodded(m): 12:07pm On Dec 23, 2015 |
Jokay07: no, nobody will be sacked!! You only need to read meanings into that statement as regards to employing 500,000 teachers in 2016. 500,000 applicants can't submit apllications once, even if they do, 500,000 people can't get the teaching job at a time. But what the statement is saying is that, the employment of 500,000 teachers will start in the year 2016. sharap your mouth buhari said that he will employe 500 000 nigerians as teachers in 2016 alone you zombies have stated changing his words |
Politics › Re: Six Things To Expect From Buhari's 2016 Budget by kodded(m): 12:03pm On Dec 23, 2015 |
Fuadx1: Hope you know what you are commenting? Your calculation of 300 millions as 50k salary for each of the 500,000 teachers is not even up to 1bn out of 369.6 bn budgeted for education.. How unrealistic is this? Even if it is 100k per teacher the total salary for the year will be 600,000 000 base on your calculation (which is still not upto 1bn) what are you saying ? how is N300 000 000 000 counted as millions how many zeros are you seeing ?  |
Politics › Re: Buhari Administration Never Created The Current Hash Economic Condition by kodded(m): 10:53am On Dec 23, 2015 |
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Politics › Re: "7 Nigerians Stole N3.3Trillion" - Aisha Buhari by kodded(m): 10:23am On Dec 23, 2015 |
ayindejimmy: Tell me, what's wrong in accusing a thief? Or nobody stole in the last administration Nigerians didn't vote them in to tell us how much Jonathan government stole  |
Politics › Re: Goodluck Jonathan At US Presidential Precinct - Photos by kodded(m): 8:50am On Dec 23, 2015 |
agurza: You mean the clown that oversees the massive looting of all time in man history Nnemuka: LOL..... No kee yaself oo Even Oyibo people are happy to have him lecture them. The other dullard is someone in Daura abi abuja still accusing him of fuel scarcity   |
Politics › Re: Six Things To Expect From Buhari's 2016 Budget by kodded(m): 8:43am On Dec 23, 2015 |
[s] WaffenSS: Don't you understand how a budget works?
We're selling oil daily, collecting taxes, fees, fines and levies daily. Come on, it's in the presentation where all the funds are coming from. Oil is less than 15% of the income, which is a good sign the non oil revenue streams are picking up.
Were you under Obiora's skirts during Econs 101? [/s]  |
Politics › Re: BREAKING - Rivers PDP Chairman Media Aide Escapes Assassination by kodded(m): 8:39am On Dec 23, 2015 |
but buhari why |
Politics › Re: Six Things To Expect From Buhari's 2016 Budget by kodded(m): 8:35am On Dec 23, 2015 |
oduastates: Get yourself a chill pill, get some glasses,sit and watch in 3D . her name is already on the guest list of her majesty prison service. Buhari need not waste precious resources on her. #YAWNS  |
Politics › Re: Six Things To Expect From Buhari's 2016 Budget by kodded(m): 8:32am On Dec 23, 2015 |
WaffenSS: Yes you are.
If Dasuki can share out 500,000,000,000 in dollars to PDP and Diezani stole 2,000,000,000,000 without the country grinding to a halt, of course the money can be paid. Heck, Ibori alone stole more than that amount. [quote author= mars123 post=41262373]don't be deceived, there is money.[/quote]you guys have not answered my question according to that dulllard of a president, Jonathan left him with a empty treasury and nigeria is broke so where will the money come from remeber he will also pay N5000 to the 25 million vulnerable Nigerians In 2016 |
Politics › Re: Six Things To Expect From Buhari's 2016 Budget by kodded(m): 8:25am On Dec 23, 2015 |
oduastates: Until you realise that it is less than 1/10 of the money stolen by madueke. why is it taking that dulllard of a president this long to jail her ? or is he scared of madueke too ? |
Politics › Re: Six Things To Expect From Buhari's 2016 Budget by kodded(m): 8:11am On Dec 23, 2015 |
Jokay07: teachers' salaries are variable according to grades, more so, Employing 500,000 teachers doesn't mean that 500,000 teachers will be employed once he said he will employ 500 000 within a year  |
Politics › Re: Six Things To Expect From Buhari's 2016 Budget by kodded(m): 7:56am On Dec 23, 2015 |
[s] wachakuta: I just too love Mr President [/s] then you are a dulllard  |
Politics › Re: Six Things To Expect From Buhari's 2016 Budget by kodded(m): 7:46am On Dec 23, 2015 |
concerning the 500 000 teachers let me say each teacher wll receive N50 000 a month N50 000 × 12 months (1 year) = N600 000 N600 000 × 500 000 (teachers) = N300 000 000 000  am I the only one who believe that this project is as unrealistic as the N5000 promised to the unemployed youths |
Christianity Etc › Re: Why Nairalanders Lose Faith On The Religion Section Easily by kodded(m): 7:32am On Dec 23, 2015 |
nonsense so you believe in evolution too  ¿¿¿ |
Politics › Re: "Buhari's Administration Is Spending Money Like A Drunken Sailor"- Fani-Kayode by kodded(m): 7:29am On Dec 23, 2015 |
Nigerians will understand the true meaning of change by this time next year when a cup of garri will be N100 and a trip to Cameroon and other neighbouring countries will look like flying to dubai |
Romance › Re: Photo Of The Day: On A Scale Of 1-10, Rate This Ukwu Of This African Beauty by kodded(m): 7:24am On Dec 23, 2015 |
-2.0  |
Politics › Re: US Govt To Encourage American Firms Investing In Nigeria - Entwistle by kodded(m): 7:19am On Dec 23, 2015 |
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Politics › Re: Goodluck Jonathan At US Presidential Precinct - Photos by kodded(m): 7:14am On Dec 23, 2015 |
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Politics › Re: Social Media Change Agent Trending (tweets) by kodded(m): 7:08am On Dec 23, 2015 |
they couldn't organize a banquet for the u17 golden eaglet who went to Chile and conquer the world because Nigeria is broke, but they can organize a banquet for this bunch of nonentiy that brought us this suffering |
Politics › Military/shiites Clash : Northern Governors Fear Repeat Of Boko Haram by kodded(op): 12:06am On Dec 23, 2015 |
Northern States Governors at the weekend in K expressed fears that the recent bloody clash b the Army and members of the Shiite sect in Zaria become another mistake for the Boko Haram cr repeat itself. At the meeting of the governors held at the Hassan Usman Katsina House Kaduna, Chairman Northern State Governors’ Forum (NSGF) and Gove Borno State, Kashim Shettima said although they comparing the violent Boko Haram insurgents a Islamic Movement, “but we are here to analy ensure that we take measures that will close any which some people may want to seize to create v in the immediate or long run”. His words: “let me start by making one thing ver the Northern Governors ’ Forum is not here to do of the Kaduna State Government or because t anything missing in the measures taken by the State Government. “We are very confident in the Governor of Kaduna Malam Nasiru El-Rufai, his competence and ch have never come under any doubt. Soon after th crisis, the Governor was at the scene and he spo leader of the Islamic Movement and met the C Army Staff. He addressed the people of Kaduna S Thursday, December 17, 2015 and the Governme some firm far reaching measures it considers nece “Malam El-Rufai is the man on ground, he kno subject matter more than us and he knows the st deems most suitable after his extensive consult So, we are not here to do his job. However, we a in connection with what happened in Zaria, first b the issue has to do with an Islamic group th membership across the 19 states in the nort beyond. “We want to look how to ensure that the inciden not provide room for anyone or group to per violence in any of the 19 northern states. We have the serious problems of Boko Haram to c with. We are not in any way comparing the Movement with Boko Haram, no. But we don’t w same mistake that happened over the Boko Hara to repeat itself. When Boko Haram went wild i 2009 with clashes between them and the po Bauchi on 25th and 26th in Maiduguri, most Ni saw the issues as the problems of Bauchi and Bor “When they continued to attack Borno and Y became the affairs of Borno and Yobe States. A sudden, there was suicide attack in Abuja in 20 then everything went out of control and we are are today. So, like I said, we do not mak comparison between the murderously violent Haram insurgents and the Islamic Movement but here to analyze and ensure that we take measur will close any avenue which some people may seize to create violence in the immediate or long r “Moreover, Kaduna is the socio-political heart northern Nigeria. Kaduna is to us, what Lagos is South West. What affects Kaduna State invariably the whole north. If you notice, we make it a travel to Kaduna to hold our meeting instead of it in Abuja. Kaduna is the headquarters of the n Nigeria but it will have that significance if we ac the relevance it deserves. We have a duty to p history and our values by coming here. “We will compare thoughts analytically and exte We will also be looking at any other matter that the well being of the north and we shall brief the on issues that we don’t consider too security se to make public. We thank you in the media very for being our partners in progress and we look f to meeting you again when there is need to do said. http://dailytimes.com.ng/militaryshiites-clash-northern-governors-fear-repeat-boko-haram/ |
Politics › Cameroon Invade Nigerian Village, Kill 70 by kodded(op): 11:59pm On Dec 22, 2015 |
Cameroonian troops have killed at least 70 Nigerian villagers while chasing Islamic insurgents in the Gwoza area of Borno state in northeastern Nigeria, fleeing villagers said. It was the second time innocent Nigerian villagers would die for Boko Haram sins.
Troops entered Kirawa-Jimni village on Sunday, asked where Boko Haram insurgents were and started shooting, residents said.
“We didn’t know what was going on but the Cameroonian troops suddenly appeared and began to ask us for Boko Haram terrorists,” said Muhammed Abba, a resident of the village and deputy commander of a local group of civilians set up to fight the extremists in Gwoza. “Before we could saya word, they started firing. That scared most of us and we began to run.”
Abba said that when people returned Monday, they found 70 corpses littering the ground.
The Borno state spokesman for a civilian self-defense group, Abbas Gava, confirmed the reports, saying he received calls from residents of Ashigashiya village near the border with Cameroon.
“They said the soldiers were in hot pursuit of the Boko Haram terrorists who ran into Kirawa-Jimni. The soldiers did not waste time upon arrival as they immediately opened fire on the villagers,” he said.
Kirawa-Jimni is a border community near Cameroon, located around the area where Boko Haram insurgents once held sway. Many Gwoza residents who had fled to Maiduguri and Yola say the insurgents are still very present in the area.
Cameroonian troops also chased Boko Haram fighters into Nigerian territory on Nov. 30, killing at least 150 people, burning huts and forcing people out of their communities, Nigerians said.
In the last 48 hours, Cameroonian troops have arrested two Boko Haram suspects in a refugee camp in Minawaou, arrested a Boko Haram kingpin, identified as Alhaji Oumar.
The troops today also routed a Boko Haram group trying to hijack trucks loaded with food between Dabanga and Ylang Ylang, north of the country. http://thenewsnigeria.com.ng/2015/12/boko-haram-cameroon-soldiers-kill-70-nigerian-villagers/ |