Education / Re: FUTO Diamond Bank Destroyed During Protest By Students (Photos) by koma1(m): 8:49am On Feb 20, 2017 |
The so called leaders of tomorrow Can not protest peacefully. Sometimes from their actions you can't differentiate between students and agberos |
Politics / Re: 'You Will Die Before Mr President' Written On A Car In Abuja (Photo) by koma1(m): 11:00pm On Feb 19, 2017 |
ephi123: Pressident
Illiterate like his oga. His illiterate oga is your president. Shame on you |
Food / Re: DANMODI RICE Mill In Jigawa (Photos) by koma1(m): 8:30am On Feb 19, 2017 |
slimany: I was buying fruits at the junction while waiting for change I saw an elderly woman with a little child. The child was walking a bit faster than the woman and the woman shouted, "Degree! Wait for me!" I was so amazed hearing that name. So to satisfy my curiousity, I walked closer to the woman and asked, "Grand Ma, why do you call this child Degree?" The woman laughed and said, "I sent her mother to the University and this is what she brought home..." ![grin](https://www.nairaland.com/faces/grin.png) |
Islam for Muslims / Re: Where Do You Earn Your Living? by koma1(m): 12:26pm On Feb 17, 2017 |
Assalamu Alaikum. Please I have 2 questions: 1) is borrowing money from banks or co-operatives with interest halal or Haram? 2) Are Ponzi schemes like mmm, 247 and co Haram? Thanks. |
Politics / Re: Nigeria’ll Never Get Out Of Recession –prof Ango Abdullahi by koma1(m): 2:48pm On Feb 13, 2017 |
Curvinus: Spokesman of the Northern Elders Forum Prof Ango Abdullahi has waded into ongoing debates about President Muhammadu Buhari's dismal performance in office, declaring emphatically that the country may never really get out of recession under the policies of the present administration. Here are excerpts of the interview....
Many people have been talking about the Nigerian economy, the recession, for instance. What is your assessment of the recession we are said to be in. Are we likely to get out of it soon?
No. My overall assessment or projections about the recession as presently managed or in terms of the proposals that are being made for us to get out of it is that we will never get out of it. It may sound too pessimistic but I cannot see how we will get out of recession with at least two or three of these policies on ground. One, the naira has been so decimated to the point of almost being valueless against currencies which countries we do business with. Let me give you an example. Supposing we want to improve on power, we are going to buy every pin, every screw, and everything else you think of that is associated with power development from outside the country which means that we have to get the naira equivalent to the dollar that you have to have to buy everything that you want to import for infrastructural development in this country. Where are you going to get it with a country where there is hardly any productivity anymore? The country is certainly unproductive. So I was arguing very strongly that one way to get out of recession is to reduce our consumption, particularly consumption of our unproductive public sector because the public sector is unproductive, take it or leave it. They may not like what I say, but it is unproductive. If our public sector had been productive we cannot be where we are in terms of our power supply and social infrastructure. It is not working. The productive areas have been neglected. They say agriculture will be the alternative, but look at the budget in 2016; agriculture was given 1.6 percent as the capital allocation for a sector that still provides 40 to 45 percent of the GDP. In the so-called 2017 budget, the allocation is 1.8 percent. The recommendation of FAO, IMF and other world bodies, developing countries should at least give 20 percent of their budgetary allocations to agriculture. This is what Malaysia did. Malaysia for 10 consecutive years their allocation to agriculture was not less than 15 percent annually and that’s why today when they got their seeds from us, the year they got their palm oil seeds I was just graduating from the University of Ibadan in 1964. Today if you fly over Malaysia you will see nothing except palm grooves. They are the largest producers of palm oil in the world and they are already converting palm oil into diesel. So, I cannot see any action now. I talked about the issue of salary.
The country must save from its wasteful spending. Eighty percent of our budget goes to recurrent. Recurrent means salaries and allowances of staff and with due respect to people in office the public sector is unproductive. So if it is unproductive one way of saving money from it is to reduce the size, but I don’t support reducing the size because it would create its problem. They should reduce the salaries, the salaries that are being paid to unproductive public servants. If the country cannot pay a minimum wage of N18,000 what is the justification of somebody getting N100,000, N200,000, N250,000, one million naira and many millions a month. So they are not really being honest with regards to seriousness in terms of saving our scarce resources in these various areas. They want to leave like before when we were getting this windfall which again has been wasted which is why we are where we are today. So agriculture they have neglected, unproductive sector is taking our money, and the third one is our consumption pattern, which we have not domiciled to put in alignment with our capacity to produce. One will like to demonstrate the decimation of the naira. In 1986, I bought one dollar and 40 cents with one naira and I bought one pound sterling with one naira 20 kobo.
Today if I want one pound sterling I have to go and find N670 and if I want one dollar, even in the Central Bank they will take N305. You tell me how this could work. And you can also use an example of labour. In UK the minimum wage per hour is seven pounds, 50 pence. Supposing one works for five hours in a day, he is getting 40 pounds per day. Now, multiply 40 pounds into naira, that is 40 pounds times 300, that is roughly N120,000. This is the minimum wage being paid to a labourer working for five hours in London and you are not able to pay N18,000 a month as minimum wage. Something is totally wrong and I cannot see us out of recession until we go back almost to the beginning because I cannot see all these touch and go approach when you talk of productivity. Where is the productivity coming from?
The factories are closed. In Kano in the last five to 10 years about 10,000 factories have closed. Agriculture is not getting the allocation that will make key production. So I cannot see us getting out of this recession except through meetings. Officials are just deceiving themselves because they know that this is not going to happen under this current regime of remedies that are being proposed.
http://sunnewsonline.com/nigeriall-never-get-out-of-recession-prof-ango-abdullahi/ I don't believe the bolded |
Politics / Re: Goodluck Jonathan Addresses PDP Committee Led By Makarfi (Pics) by koma1(m): 10:43am On Feb 13, 2017 |
How many pdp members have regard for him? |
Crime / Re: India Arrests Nigerian With Ingested Cocaine (Photo, Video) by koma1(m): 5:56pm On Feb 12, 2017 |
I know it will be a BIAFRAN 111 Likes 3 Shares |
Politics / Re: Sportsmore Home » News » Fg’s Whistle-blower Policy Yields Fruit, Recovers Us$15 by koma1(m): 2:16pm On Feb 12, 2017 |
GEJ was indeed father Christmas. Everybody stole to their satisfaction since stealing is not corruption |
Politics / Re: Osinbajo And Rising Spate Of Boko Haram Bombings by koma1(m): 6:41am On Feb 12, 2017 |
What about all the bombings that happened since Buhari took over? Is the North making the country ungovernable for him? 2 Likes |
Politics / Re: President Buhari Cannot Escape Death – Jama’atu Nasril Islam Releases Statement by koma1(m): 6:46pm On Feb 11, 2017 |
Kullu nafsin zaiqatul maut meaning Every soul shall taste death. So Pmb is not an exception |
Politics / Re: 'ghosts' Gifted $9.8m, £74,000 Found In My House – Ex-nnpc Boss, Yakubu by koma1(m): 7:54am On Feb 11, 2017 |
Don't worry the GHOST will get you out of prison |
Politics / Re: Can Osun Residents Confirm This? Please! by koma1(m): 9:19pm On Feb 10, 2017 |
@ op all I can deduce from your write-up is that you are Islamiphobic because your write-up is misleading 1 Like |
Politics / Re: Buhari ‘calls’ Speaker Dogara by koma1(m): 6:14pm On Feb 09, 2017 |
When will He talk to the people that elected as president? |
Politics / Re: Don’t Build Castles In The Air, Emir Of Kano Counsels Kogi Gov by koma1(m): 3:06pm On Feb 09, 2017 |
Emir Sanusi please tell them because most of them thought we elected them to enrich them selves and their families 1 Like |
Crime / Re: Forced Marriage/conversion To Islam:escapee Victim Rose Chukwu Daughter Detained by koma1(m): 2:39am On Feb 09, 2017 |
Ganiyat72: We muslims are 99% the problem of nigeria, haba must we commit atrocity just to adhere to the teachings of the quran or follow the footsteps of our prophet who married and raped Aisha at the tender age of 6? Our religion sucks to the haveans. The baberity of this our religion is turning us to saveges and anti human. Infact I'm contemplating quiting such a demonic religion.
Enough is enough with we muslims Even from your comment I know you are not a Muslim because a Muslim will not make such comment but if you are then people like you are the problem of islam because you misinterpret the religion without knowledge. My advice to you is that u should seek knowledge about Islam. May Allah guide you to the right path |
Politics / Re: Black Soot Pollutes The Environment In Port Harcourt (PICS) by koma1(m): 5:46pm On Feb 08, 2017 |
That may probably be coal dust do have any factory in pH that uses coal as fuel? |
Politics / Re: "Convert Mosques To Primary Schools" -Emir Of Kano To Northern Nigeria Governors by koma1(m): 7:57pm On Feb 07, 2017 |
It's a good idea but how many schools have helped build in Kano state as the emir. every thing must not be left for Government alone many rich individuals can comfortably build at least a school in the communities. 3 Likes |
Politics / Re: Recession: Kano Ganduje Capital Projects Photos by koma1(m): 10:52pm On Jan 30, 2017 |
Good job Gov Gunduje. Kano is lucky to have good leaders just like Lagos state |
Investment / Re: Breaking: MMM Nigeria Top Guilder Chuddy, Wife Flee Nigeria To Philippines by koma1(m): 11:54pm On Jan 25, 2017 |
MMM is the scam of the century. Sorry to those affected you were warned but you didn't listen |
Religion / Re: I Didn't Ask Christians To Kill Muslims - Apostle Johnson Suleman by koma1(m): 11:47pm On Jan 25, 2017 |
The fear of DSS is the beginning of _? 2 Likes 1 Share |
Politics / Re: Every Christian, Muslim Hate Preacher Must Be Prosecuted- Sultan Of Sokoto by koma1(m): 11:32pm On Jan 25, 2017 |
I wonder what will be the response of Christians if what apostle suleman said came from a Muslim cleric lets join hands and condemn what is bad irrespective of who said it. 3 Likes |
Politics / Re: Nigerians Reacts Over Ondo Senator's Suggestion To Legalize Corruption by koma1(m): 11:15pm On Jan 25, 2017 |
With people like this in government how do we expect Nigeria to progress. I weep for naija my country |
Religion / Re: MURIC Orders The Arrest Of Apostle Suleman by koma1(m): 10:48pm On Jan 25, 2017 |
fuckboys: the greatest problem mankind have is this religion called MUSLIM, they should all be wiped out the face of the earth
Christians can coexist with other religions but Muslims just can't,, WTF
Donald Trump should be quick and destroy all Muslims off the face of earth Donald Trump is too small to destroy Islam. For your information Islam will rule the world someday. No amount of propaganda can stop islam from growing so repent and join the religion of peace. Back to the topic I wonder what will be the response of Christians if what apostle suleman said came from a Muslim cleric lets join hands and condemn what is bad irrespective of who did it. |
Politics / Re: Victim Of Today's Bomb Blast In Borno Receiving Treatment In Hospital (Photo) by koma1(m): 7:08pm On Jan 25, 2017 |
BeeBeeOoh: If not for the hate Hausa people had for GEJ, Boko Haram would have been long defeated..
Wishing quick recovery to injured ones What is this mumu saying? GEJ that lacks the will of fighting the insurgency, it would have been more dollars for dasuki and co to share. Thank God we booted them out. speedy recovery 1 Like |
Foreign Affairs / Re: Adama Barrow Appoints Fatoumata Tambajang As VP by koma1(m): 6:15pm On Jan 23, 2017 |
16 Likes 1 Share |
Politics / Re: Why ECOWAS Silence After IBB Truncated Abiola Presidency? by koma1(m): 4:33pm On Jan 22, 2017 |
ECOWAS took advantage of Gambia because of its small size and population. A country with only 2million population and about 2000 soldiers. 3 Likes |
Foreign Affairs / Re: Yahya Jammeh Official Steps Down,See Photos & Video From His Press Conference by koma1(m): 9:24am On Jan 21, 2017 |
This is what you should have done from day one. |
Politics / Re: Fresh Row Over New N7b Vp’s Residence by koma1(m): 8:27am On Jan 15, 2017 |
Gate House(N55m) ? Naija I hail o 26 Likes |
Politics / Re: Borno Government Bans Sale Of Alcohol, Brothels, Charcoal And Firewood by koma1(m): 1:28am On Jan 13, 2017 |
grandstar:
The state is even 40% " Christian"
Arab countries where they have Christian minorities, alcohol is legal such as Iraq, Lebanon, Syria Is alcohol legal in Christianity? |
Politics / Re: Abdulkadir Kure Is Dead (Ex-Governor Of Niger State) by koma1(m): 10:21pm On Jan 08, 2017 |
jeeqaa7: one down... whose next? click like for atiku and share for buharia YOU. 4 Likes |
Sports / Re: Mikel Obi's Letter To His Chelsea Family As He Joins Chinese Club by koma1(m): 2:44pm On Jan 06, 2017 |
Nollyvin:
How many trophies did Gerrard win? No matter how u look at it, Mikel is more successful than him trophy wise.. The fact that he was lucky to win more trophies than Gerard does not equate him to Gerard in terms of class. Gerard is a better player in all ramification |
Sports / Re: 2016 GLO-CAF Awards: Live Updates by koma1(m): 11:02pm On Jan 05, 2017 |
nurish: can MIKEL WIN THIS AWARD in his football career?
He can't most especially now that he has signed with a Chinese club.instead of him to remain in Europe he decided to choose money above career |