₦airaland Forum

this is not a joke people, we need to find way to get the FG attention

^^^ spot on

the most assured investment is an investment in pu.ssy. as someone said above, it pays like cocaine. it sure does.

the hotels in owerri, over 200 first class three star hotels, should concentrate more on expansion and adding resourcefulness to their business. they should transit to resorts.

with large pool facility.

offering holiday packages

all inclusive deals

incorporation of family/kids fairs.

Kobojunkie:
Have you lost your marbles? You comparing this community centre for mechanics to car parks  built by motor companies? I am still wondering what the heck an automobile village really is. Is it where I go for car auctions? Bargain mechanic work on my car -- Mechanic fair? Which one? 

hahahhahahaha. . . . damn! i never knew u cud crack a joke.

so this is how Adenuga made his money , , ,ehh, where the hell is EFCC when u need them the most.

^^^ so are u saying those actions are right,? constitutional ?

[img]http://thewillnigeria.com/thumbnail.php?file=Atiku_babangida__462033931.jpg&size=article_medium[/img]
PHOTO L-R: FORMER VICE PRESIDENT ATIKU ABUBAKAR AND FORMER MILITARY DICTATOR, IBRAHIM BADAMASI BABANGIDA.

Why is the North giving us bad leaders who are either stealing our country dry or too sick to govern? After fifty years of failed leadership produced mainly by the North: Gowon, Shagari, Buhari, Babangida, Abacha, Atiku, Yarâdua, we urgently need a breather from the crooked, dim and spent mob that over the period, collectively and systematically brought Nigeria down to her knees, destroyed our hopes, and turned our prospects as a people into painful despair. I do not think the North is short of quality materials. After all, while the South gave us Awo and Zik, the North produced leaders in the mold of the Sarduana and Murtala Muhammad. So why are characters like Babangida, Buhari, Atiku still fronting for the North now that Nigeria has reached the edge of the grave they dug for her? Does the North so desperately want our quick demise?


All that Babangida, (nicknamed IBB), has to show for his over eight years in power in Nigeria, is private colossal wealth, and the edification of corruption in our body politics. The book, The Sink, by Jeffrey Robinson, an American writer, says it all about Babangida. "Of the $120 billion siphoned out of the Nigerian treasury into offshore accounts by dishonest politicians, $20 billion is allegedly traceable to IBB directly as president from 1985 to 1993." The Wolfsberg Principles, an initiative of 11 banks and institutions across the world to fight serious international financial crimes, traced another $3 billion of our stolen money to Babangida’s accounts abroad, and $4.3 billion to Abacha's. The World Bank and other international sources of information allege that his total loot from the Nigerian treasury is over $35 billion. Now he is threatening to use a fraction of that money to return to power and a figure of N400 billion has been mentioned by his cronies as his campaign chest.


The Gulf war oil windfall is Babangida's often-referenced loot. Abacha set up a panel headed by the highly respected economist, Pius Okigbo, in October, 1994, to reorganize the CBN. Okigbo's panel discovered that $12.2 billion of the $12.4 billion accruable from the Gulf War excess crude oil sales was frittered away or unaccounted for, through nebulous or phantom projects that could not be traced. Only $206 million was left in the account. According to Okigbo, "disbursements were clandestinely undertaken while the country was openly reeling with crushing external debt overhead. These represent, no matter the initial justification for creating the account, a gross abuse of public trust. "

John Fashanu, in a private investigation published in African Confidential early in Obasanjo's regime, discovered an alleged $6 billion debt buy-back scam by IBB between 1988 and 1993. Another $14.4 billion disappeared into off shore accounts as currency stabilization and debt buy-back scheme that actually cost $2.5 billion. One of the front-companies used, Growth Management, based in London, bought the debt for 10 cents per dollar and resold to the government at 45 cents to steal 35 cents per dollar. Fashanu was trying to recover about $17 billion for the Nigerian government only for the CBN to say they had no records of the deals. The records are out there abroad but cleaned out at home to conceal the (theft) deals.

Babangida was ruthless in the way he amassed his colossal wealth. First is the illegal self-allocation of free oil, sold on the spot market. Then he initiated the corrupt culture of maintaining a huge monthly security vote virtually as personal pocket money. Rather than repair our refineries, let alone to work at maximum capacity, IBB built private refineries in Cote d' Ivoire and the Republic of Benin, where he took our crude to refine and sell back to us as fuel.

Luscious contracts for the construction of Abuja were awarded to front-companies of his and his cronies, including Julius Berger and Arab Contractors that between them virtually single-handedly handled the construction of the new Federal Capital. The security danger of foreign companies solely constructing a country’s capital and having access to its structural secrets, including possible Presidential underground escape routes and military arsenal volts, is mind boggling to say the least, but that is an issue for another day.

Although Babangida used mostly fictitious names for his numerous accounts abroad, EFCC could zero in on some of the accounts by following up on the dusts raised early in 2003 over the financing of his GLOBACOM. Documents on the loan supposed to have been granted on 9 February, 2001, were dated 28 August, 2006. The original loan letter has not been presented. Apparently, Paribas Bank, based in Paris, was managing a slush fund from which investments in excess of US$400 million was made to buy into Alcatel (Globacom’s technical partners), Bouygues Telecoms, Peugeot and Total finaelf.

Alcatel and Parabel National of France were worried at the time that their invoices for the telecom project were being inflated to launder funds by the supposed private owners of the sources of funds and that private cheques were being issued to finance the staggering project without recourse to borrowing from banks. They suspected illegal laundering of funds and threatened to withdraw collaboration on the project while alerting Interpol to investigate the sources of the private cheques being issued to finance the project. IBB could not participate in Obasanjo’s 2003, inauguration ceremonies, because he was allegedly out of the country sorting out the Interpol queries on the Alcatel’s slush account alert, at the time. Even now, the telecoms’ financing details through Siemens etc, could be investigated by the EFCC tracing ghost cheques to issuing private sources of funds and their local and international banks to unravel possible laundering of funds.


There is this strong allegation among the rank and file of the armed forces, and members of the defense correspondence of our newspapers attached to the seat of power, that Babangida arranged, in the last couple of weeks before leaving office, for several armoured vehicle loads of newly printed naira notes to be delivered daily to his new Minna palatial abode obviously with the connivance of Abacha, perhaps as his mentor’s retirement benefit. Abacha and Babangida had several serious financial problems with Abiola but one of them takes the cake. It was over some foreign war booty amounting to US$215m.

It is alleged that Babangida had asked Abiola to help launder it when Babangida was in office but Abiola was not interested.
Babangida allegedly side-stepped Abiola and eventually prevailed upon a member of Abiola's family in the custom of family friendship, to rescue the situation. Then the person suddenly died. It is further alleged that Abiola was asked to return the money and he truthfully and honestly said he knew nothing about it and even if there was such a thing, he had no authority over the matter. Then he was asked to pressurize the children of the deceased to play ball. Abiola refused, arguing that he had no legal or moral right to do so. The kids of the deceased wanted Abiola released but Abiola was too principled to succumb to blackmail so the powers that be decided early after his arrest, that he would die in detention for declaring himself president.


Perhaps you would want to join me to play the prude accountant, generous with figures. Let's pretend that Babangida was a General throughout his service years in the Nigerian army. Again let's assume he spent 30 years in the army and was paid N100, 000 monthly (actually, salaries of Generals were less than N10, 000 a month until recently) and he saved every kobo of his salary. He would be worth about N35, 000,000 plus interest in the bank today. But Babangida's 50 bedroom palatial abode in Minna is alleged to be conservatively worth billions of naira and he does not owe any bank on it. The largest, most prestigious housing estate in Alexandra, Egyptâ's leading holiday resort town, is alleged to belong to Babangida. Even Egyptians cannot afford his rent, which is alleged to be in dollars. All his tenants are rich foreigners and the staff of multi-national companies operating in Alexandra. The estate is alleged to have its own airport, which Babangida uses when he visits in his private jet.

Babangida is alleged to own several other housing estates around the world, including houses on Bishop Avenue in London. He uses his London houses, it is alleged, as guest houses or gifts for people on his compromise list. He is considered generous with gifts of cars with their boots stuffed with naira notes when he wants some jobs done.

In the area of managing the national economy, Babangida bestowed his adroitness and moral degeneracy. His economy was dominated by male-wives, particularly in the banking and oil sectors. Women often brag about the efficacy of ‘bottom’ power. Feminine men sometimes flaunt it too as their passport to economic liberation. Between them and the suddenly very lucrative 419 business of the time, industry was complete. IBB's chiefs, allegedly colluded with 419 criminals to create the over-night semi-illiterate money-bags without class or shame, (including the 150 members of the National Assembly, that in 2005 sent IBB a birthday card), and who together now form the bulk of his supporters and campaigners, to return him to power. Babangida (sapped) or totally wiped the middle class out of existence with the destruction of the naira, which he did by fiat in 1985, when he down graded the naira exchange rate from about N2 to N18 to the dollar. By the time he was forced out of office in 1993, the naira was exchanging at N60 to the dollar. Society was reduced to two social classes of either the very poor or the rich rogues. Babangida should be heading for Kirikiri not Aso Rock because the fight against corruption is a sham otherwise.



http://www.igbolandforum.com/index.php?topic=675.0

@ paniki, abegi, carry ur south-african wahala comot here. . . lol

JUST A THOUGHT , they day this country will break up, WILL IGBOS FORGET THEIR LAND IN BENUE AND ENVIRONs ?

An inadequate yoruba man wakes up one day because of his relative in power whom has afixed him a position he doesnt have the mandate, the expertise and experience to handle, carve up the country and submit the report that his oily dead brain tells him and expect the Igbos to accept that ?


sincerely the more we think about these irregularities the more it will be best to manage the country as it is , or a southern union from southern Kaduna slicing up to southern adamawa down, encompassing Abuja, Jos, down to the atlantic.

give the hausas kwara.

they yoruba wud have to give up muslim, Islam and high powered juju, - the new nation can trade muslims for christains up north in a mutual exchange.

nekede and orji are the same as ENUGU?

is there any resemblance in their spelling, love ?

OAMAJ , WHY DO U LIKE BANNING ME ? please s'il vous plaît laissez-moi être.

It's once again that period of the year when Nigerians of the Eastern origin begin to count their losses amidst the joy that heralds the season. Few weeks from today, the roads leading to the eastern and Southern parts of the country will be a no-go-area. Very soon, the media would be awash with the news of families being wiped out along the Lokoja/Abuja Expressway and the story of journey that is supposed to take six to seven hours consuming a whole day or two all because the government of the 'days' have decided to look elsewhere while hers citizens are suffering.

[img]http://t1.gstatic.com/images?q=tbn:ANd9GcSGig5M-w-eJO68dtYShn-tCYOMfdwxMhcX7pBFZIMXcKjDVAyssw[/img]

A journey to Enugu, which is often called the gateway to the East, by road, will not keep one in doubt of the determination of the federal government not to listen to the cry of the populace. According to Mr Sunday Mba, a driver with Ifesinachi transport company who has been plying the Enugu/Abuja route for close to fifteen years now "If the government were serious they would have completed the dualisation of the Lokoja/Abuja expressway. The problem started with the Obasanjo regime which gave the contract to "yeye" companies." Mba says it was a deliberate attempt by Obasanjo's administration to punish some set of people who he perceived as his enemy.

Mba says movement between Enugu and Abuja used to be a thing of pleasure until recently when the road became so busy and maintenance became essential commodity, adding that "on so many occasions I have come close to death on the Lokoja/Abuja expressway." He emphasised that if only those in the National Assembly could give half of the attention they give to mundane issues like that of homosexuals the road would have been completed by now.

A journey between Abuja and Lokoja which is normally supposed to take about two hour at most, last week Thursday ,took mr Mba about five hour. As he says "I spent three and half hours between Giri and Kuje road junction along the Gwagwalada expressway" The Gwagwalada portion along the Abuja/Lokoja road is synonymous with "hold ups" while the Abaji/Lokoja is notorious for accidents which often claim many lives every week. Almost every family in the west, east and southern part of the country has lost one or two members or friends on the Lokoja/Abuja expressway. No wonder commercial vehicle drivers who ply the road have decided to change it's name from Abuja/Lokoja road to "point-and-kill."



While Mba wasted about three and half hours to get to Kuje junction, his fellow driver Mr. Jecob Akpan,who plies Abuja Port Harcourt route took a different option by going through the Kuje road which can be accessed through kuje junction along Lugbe /airport road. The road is not tarred but it's less busy. Akpan says "It's to avoid the hold-ups that normally occurs along the Gwagwalada expressway."He lamented the pace of work on the dual carriage way project of the road, describing it as "Slow men at work" Adding that "If it were to be the aviation industry government would have hurried to finish it because they travel by air." But mr Akpam may be wrong on the statement that government officials always fly on air because so many of them have lost their lives on that same roads, so no one is protected.

A journey to Enugu may not be so fantastic as a result of the bad roads but one may seem to have respite when you drive pass Lokoja. The road between Lokoja and Ajokuta may not be a dual carriage way but it's not so busy and it's well tarred. Mr. Abdul Muhammed sales goat in Enugu and he often ply that route. "This place (Lokoja/Ajokuta road) used to be bad but last year they worked on it, so we thank the Kogi state government for that".

However, the same can't be said of the Ajokuta portion of the road."When we live Lokoja we always enjoy the driving until we get to Ajokuta where the road is very bad. The Itobe bridge(River Benue) is under going some repair but the pace of work is very alarming-one lane of the bridge is closed to traffic. Those who use the road quite often have been wondering why the Kogi state government would not extend the good work they did along the Lokoja/Ajokuta road to the Ajokuta/Itobe road down to Ojodu till Ochadam junction, all in Kogi state. These portions of the road constitute a death trap to drivers because they are in a very poor state.



A journey to Enugu usually witnesses another hitch when one gets to Nsukka in Enugu state. The road is very busy and long overdue for dual carriageway. There's a lot of potholes on the road which has often lead to many accidents occurring on it. Mr. Chijoke Edeoga hails from Ukehe,one of the towns in Nsukka through which the road passed. A teacher by profession, mr Edeoa says the road is economically viable and needs a dual carriageway or at least proper maintenance. "All these lorries that carry food stuff to the south-south and south-east pass through this road. They come from far north and middle-belt. Here's the food-basket of the nation (Benue State). They are our neighbour and they transport their food stuff to the eastern part through this road." Edeoga says apart from all these the road is also the gateway to the University of Nigeria, Nsukka (UNN), which is one of the foremost universities in Nigeria. According to Edeoga, so many of Nigeria's best brains who were students of the great institution have died on that road.


The journey to Enugu may not be complete if one does not take account of the Nite mile. A terminal sort of for commercial vehicle drivers .Nine mile, as the name goes, is about nine miles away from the city of Enugu. Within this area are located the Nigerian Bottling Company (NBC), Nigerian Breweries Limited (NBL) with there biggest plant in Africa and other mini companies. As a result, the place is a beehive of activities, so also is the vehicular movement on the roads there. Driving from Nine mile to Enugu centre is supposed to take not less than ten to fifteen minutes but due to bad road and "slow men at work". It takes up to thirty five minutes to complete the journey. Construction work has been on going on this few meter of road (Nine mile/Enugu) for the past three to four years.

While this piece was going Mr Basil Ahionugbe who was travelling from Ekpoma(Edo state) to Enugu sent an SOS to her fiancée in Abuja. The SMS reads: "Ha you did not tell me that the road is this bad. I would have gone with my jeep. It took us two hours to get to Onitsha, but we have been here for the past three hours." Mr Ahionugbe was on his way to visit his in-law-to-be at Enugu. From Onitsha to Awka, both in Anambra State, a journey of about fifty minutes takes hours as a result of bad road. A journey from Onitsha to Enugu takes four to five ours as against two hours if the roads were good.

But many have continued to ask why the state government can't step in and put all these roads in order, then get reimbursed by the federal government whose responsibility it is to put the federal roads in good shape.

As the saying goes "there's no smoke without fire" the people of the east should make it a point of duty to find out why a journey to eastern part of the country by road should make one begin to believe that the governments at the centre have some axe to grind with the people of these area. As the new minister for works, Eng. Mike Onolememen ( A yORUBA MAN) .  .  .

read the rest here

http://www.igbolandforum.com/index.php?topic=667.0

^^ Eko ile, tell us which one have u seen that is better than it? i dont think its best in the world but in Africa. . .  im afraid i wud have to say yes.

i think Rochas is more sensible to try such wacky stunt. as the article says he, rochas considers the multi-campus approach. let wait and see.


anyway, i thought Ngor okpala axis is reserved for the Aviation college and allied Aviation industries, right?

looks lovely, i think its even better than some in western world; estonia, latvia and romania.

chop knuckle Gov chime.

The much speculated relocation of Imo State University to a permanent site may soon take place.
[img]http://1.bp..com/_I5Dp6GFACsw/SyCM8ovMFVI/AAAAAAAAAHo/x0Q6AnzJpuY/S730/Imo+State+University.jpg[/img]

Information available  to Weekend Nigerian Horn reveals that Ideato South  the LGA of the state governor,  Owelle Rochas Okorocha  may be  eventual  beneficiary of the relocation  of the state owned  University  whose relocation has been a subject of  much debate among  interested LGAs of the state.

It was gathered that a site at Obohia,  Ideato South LGA is already being cleared  to host the  Institution’s permanent  site if Governor Okorocha  approves the relocation. The Governor is said to be facing much pressure from people of Ideato South to leave a lasting and permanent   legacy for the area before completing his tenure.

In a recent visit to his area, the people of Ideato South were said to have  told Governor Okorocha that they want Imo State University to be relocated to their area.  Though the governor did not assent to their request, he however reportedly told them that he was looking into the issue of creating multi campus for the institution, so that other LGAs in the state would also host the University.

Though  Governor Okorocha is yet to give his consent, however, it is gathered that  if the  relocation plan goes through, Obohia which is near Ogboko, the Governor’s   home town would host the administration section of the  institution  including major facilities  while other facilities  would be scattered in campuses across the state.

One of the  authorities of Imo State University who spoke  to Weekend Nigerian Horn on the issue confirmed hearing speculations of the relocation to Ideato South. He said the Governor would be setting the state on fire  if he outrightly relocates  the school to his area.

According  to the man who spoke on condition of anonymity, the best thing Governor Okorocha should do is to relocate  some of the  faculties to a  place like Ogbaku in Mbaitoli LGA   and other areas so that it would reflect a true multi campus University instead of  relocating the entire institution to one  permanent site.

It would be recalled that the issue of relocation of Imo State University, has become  a reoccurring decimal in the state’s polity.  After much  debate, claims  and counter claims  especially between the people of Ogbaku, Mbaitoli LGA  and Ngor Okpala  Aboh Mbaise LGAs, the immediate past governor of the state, Chief Ikedi Ohakim  towards the end of his  administration announced the relocation  of Imo State University to Ngor Okpala/Aboh Mbaise.


http://www.igbolandforum.com/index.php?topic=670.msg1824#new

Chime Complete 21st Century Automobile Village- Best In Africa

With the completion, the State Government ordered all mechanics in the capital city to move their workshops to the village
ARTICLE | NOVEMBER 12, 2011 - 4:18PM | BY ADAEGO OGBULAFOR

[img]http://t0.gstatic.com/images?q=tbn:ANd9GcSJnmuRlmMddYqxIOg4p88cjzXrIyLv4DJ2rPLsF_Iodt-cvXoTKg[/img]
The Enugu State Government has ordered all mechanics in the state capital to relocate to the Mechanic Village built for them by the government.

The State Commissioner for Capital Territory Development, Ikechukwu Ugwuegede, gave the order in Enugu on Friday.

"As we speak, the mechanic village is ready for them to move in.  From next week, we are going to remove all abandoned vehicles which are clogging our roads.

"So we intend to make the roads that we have built with our lean resources available for everybody. Nobody is allowed to convert a residential lot into a mechanic activity because he or she has not gotten space from his union in the mechanic village,” Ugwuegede said.

He said that the ministry was in touch with the mechanic union for the provision of spaces to its members and had begun towing vehicles either wrongly parked on roads or abandoned.

[img]http://t3.gstatic.com/images?q=tbn:ANd9GcThxHdluCIhGnsAYIx9UfxuHIqcf06d77kKuQps1eI5oi-f7Qpggg[/img]
The Commissioner also warned motorists against indiscriminate parking of cars, saying that offenders would be made to pay fines.

On the deadline for the movement, the commissioner said it was a continuous process as efforts were being made to provide more spaces for the mechanics.

He explained that the ministry was in charge of the development of local governments in the capital city including, Enugu East, North and South councils.

"Our job is to ensure that infrastructures provided by government are properly used. We want to make this city attractive and conducive for investors."

The capital territory development ministry is one of the four new ministries created by Governor Sullivan Chime’s administration in his second tenure.


http://www.igbolandforum.com/index.php?topic=671.0

See more here

http://www.igbolandforum.com/index.php?topic=669.msg1817#msg1817

[flash=480,390]
https://www.youtube.com/watch?v=qfWJl6w_maA[/flash]
BISSALA ROAD- CHIME AVENUE

^^^ why does non-igbos have to stay clear ? are there no oduduwa forums, every state has a sort of blog or forum, why ostracise the Igbos ?

***smh** Yoruba

. . . . before the coffee smell them

My biggest worry is with Igbos. Igbos have bonded real good with many christian tribes in the North, from southern kaduna to Adamawa Christians , taraba, Benue, most of them are married to our daughters , so do we leave our daughter and in-laws to jihadist ?

do we dessert them after having given us their land to invest, protected our business and our families all these years?

the answer is simply NO, we just cant.

thereby we igbo would also have to prepare not only for a defense but ultimately for an offensive when the chariot riding jihadist descends on our friends and neighbors whom wud definitely not want to be in a union with the  Hausas/Fulanis.

Igbos are truly blessed with a RICH culture. They must be close to God.

hausas need to wake up and smell the coffee . . . .

I think so too. he shd rather stand aside and help pick a fine , courageous , intelligent, visionary personality. someone of Soludo quality if not Soludo.

someone whom international investor believe in, and trust his words like the gospel.

someone who can revolution-alize our collective mentality with a single well- thought out policy.

someone with whom God is please with. a man with fear of God.

A man whom no go fall our hands in the presence of intelligentsia

A man with whom beggars and paupers respect, rich and wealthy revere.

A man. . a non-tribal, non-islam, non-terrorist, a non-jihadist , also a non-zionist or a radical.

A man. . his mere presence creates jobs,

A man . . his mere presence increases our foreign reserve.

A man. . his . . . a man who respects the rule of law.

A man . . a man who is also a woman. A child. A trinity.

A man . . .

IGBO CHEATED AGAIN, GIVEN THE TOUGHEST , IMPOSSIBLE RESPONSIBILITY WHILE THE YORUBAS, THE OBSCURE ROLES WHERE THEY WILL DO, AS USUAL, JUSTICE TO THE COFFERS.

HAUSAS. . . . i tire men.

BEFORE independence and six years after, Nigeria used to be a true federal state where the federating units contributed to the well-being of the centre or Federal Government. The federating units were economically strong and vibrant and the centre depended on them for survival.
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Practically, there was little or nothing to be shared at the centre. Some founders preferred service at the regional level than at the centre. It was thus easier for the former Premier of Northern Region, late Sir Ahmadu Bello to choose to remain as a premier in the North and 'send' his lieutenants to the centre.

However, long years of misrule kick-started by the military in 1966 during which leaders got fatter at the expense of the citizenry has reduced Nigeria to 'a national cake' meant to be shared. Ever since, there has always been a rat-race among the elite in the six geo-political zones of the country to grab the lion's share of the 'cake' in terms of appointments.

Given the plurarity and diversity of the country, the law books provide for equity and representativeness (federal character) in how the appointments should be distributed (shared).

Indeed, during former President Olusegun Obasanjo's first tenure, late Internal Affairs Minister, Chief Sunday Afolabi, berated late Chief Bola Ige, his counterpart then manning the Justice Ministry, for criticising the government instead of shutting his mouth because Ige "was invited to come and chop."

A peep into appointments made by President Goodluck Jonathan and others he inherited reveals shocking discoveries: there is inequity in the sharing of positions; the South-West and North-East geo-political zones have no one among the 10 top positions in the country; out of 154 top slots, women only account for 21 or 13.64 per cent; the North-West commands the lion share; and overall, the South-East geo-political trails the other five zones.

Composition of cabinet

Of President Jonathan's 42 ministers, there are only 12 women compared to 30 men. The North has 22 ministers to the South's 20. The South-East produced only five ministers while the south west . .  . 

READ THE REST HERE

http://www.igbolandforum.com/index.php?topic=660.0

asha 80:
i have checked out this ROCHE group and i do not see anywhere where they are said to be involved in agriculture

http://www.rochegroup.ie/index.html

DID U NOT SEE WHERE IT SAYS THE COMPANY IS INVOLVED IN FRESH FOOD AND PRODUCE ?

CHECK THERE COMPANY NEWS , YOU WILL READ ABOUT PURCHASE AND MANAGEMENT OF FARMS IN UGANDA AND ETC.

ASHA OPEN UR EYES.

AKANIMO SAMPSON in Port Harcourt chronicles the moves by Governor Chibuike Rotimi Amaechi to secure N250billion bond and the implications for socio-economic and political development of the riverine state.
https://img87.imageshack.us/img87/5662/p10209269pl.jpg
PORTHARCOURT INTERNATIONAL HOTEL AND TOWERS

The Rivers State Government is emboldened to press ahead with securing N250 billion Bond as the only way out of the current financial uncertainty plaguing the country. Governor Chibuike Amaechi seems to be passionate about it as he sees it as the magic wand his administration needs to ensure that no project is left uncompleted at the expiration of his tenure in 2015.

At an interactive session with the media last week at the Government House, Port Harcourt, the governor insisted that he will press ahead with the controversial bond.

Now, the state House of Assembly is set to conduct a public hearing into the merits and demerits of the bond. While the opposition is scared that the bond will exert an unbearable debt burden on the state, Governor Amaechi is busy claiming that he will repay to the last kobo before leaving office on May 29, 2015.

The renewed push for the bond is however, coming following the previous Thursday (October 28), claim by the Senate that some states are in financial distress, some critical, some unhealthy and others tolerable or healthy.

States in the distressed category, according to the upper chamber of Nigeria's bicameral legislature, are Kano, Sokoto, Niger, Zamfara, Katsina and Osun, while Ekiti, Plateau, Benue, Edo, Borno, Adamawa, Cross River, Enugu, Taraba, Ogun, Kogi, Yobe, Ebonyi, Ondo and Kaduna are in critical conditions. Bauchi, Bayelsa, Nasarawa, Gombe, Rivers and Oyo were classifed as unhealthy.

States under tolerable situation are Imo, Kwara, Lagos, Kebbi and Delta, while Abia, Akwa Ibom, Anambra and Jigawa states were said to be healthy.

READ THE REST HERE

http://www.igbolandforum.com/index.php?topic=654.0