Politics › Re: Ngozi Okonjo-Iweala At The Clinton Global Initiative (Photos) by maxzzo1(m): 7:34pm On Sep 20, 2016 |
hybridtm: Kemi no get dat kind brain, to follow people like dis seatdown.. ..she go dey with her mate, like Terry G, Timaya, Tonto Dikeh.. .make dem dey discuss economic Mata.. ... DULL WOMAN, WITH FINE ENGLISH =KEMI ADEOSUN Kemi ke wey no fit add 14+4M say na 16M abeg o leave kemi dullardihno sis..o |
Politics › Re: Ekiti Court Sentences Herdsman To Two Years Imprisonment For Grazing by maxzzo1(m): 6:43pm On Sep 19, 2016 |
kenonze: Walahi.
How can u sentence a man /boy (under-age) Who doesn't even know that such law exist?
What happens to the cattle.
The government takes custodian? I guess u write dis upside down...... |
Travel › Re: Nigerian Man Has Aghalieaku Airways In Swaziland by maxzzo1(m): 4:49pm On Sep 18, 2016 |
sarrki: Bros try and grow your country Does dis govt look like encouraging any body  |
Crime › Re: Troops Recover Weapons, Kill 23 Militants In Gun Battle by maxzzo1(m): 10:48pm On Sep 17, 2016 |
veekid: False; na 40 soldiers dem fall; I was der Hmmmm for were it happen cos Enugu is not ND so GOC Enugu to speak it doesn't correlate.... |
Business › Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by maxzzo1(m): 3:41pm On Sep 17, 2016 |
emorse: Is he positioning himself to buy? I won't be surprised if he is. Very soon we'll rename Nigeria as federal republic of Dangote.
On a more serious note though, his suggestions appear correct to me. It could be a quick way to earn forex. d man wan buy lng...ahahahaha |
Politics › Re: Presidency Apologises For Buhari's Plagiarising Of Obama's Speech by maxzzo1(m): 12:46pm On Sep 17, 2016 |
Why is dis govt so shameful abi na curse  |
Politics › Re: Edo Election Holds On Saturday - INEC by maxzzo1(m): 7:18pm On Sep 08, 2016 |
EFGH: Any Edo state person wen no vote Pastor is a ZOMBIE! A vote for APC is a vote for Dullard Buhari and that ugly "go and die" Oshi-Omo-Ole. If Oshi-omo-ole like make him say Ize kill Uniben VC, we like him like that! I no fit Laff u funny jare |
Politics › Re: Change First Before Asking For The Change We Promised - Buhari Tells Nigerians by maxzzo1(m): 6:08pm On Sep 08, 2016 |
SageTravels: After reading this somebody will go n vote APC in EDO ma broda God 4bid!!! |
Politics › Re: Edo 2016: How Ize-iyamu Shone At Debate-Vanguard Newspaper by maxzzo1(m): 10:28am On Sep 06, 2016 |
timidot: Shebbi baba they go there today he will only make the job easier for POI.... No it will worse d situation for apc with d economy wahala n failed promises......buhari na disaster |
Politics › Re: Youths In Rivers Exchange Gunfire With Soldiers Over Oil Site by maxzzo1(m): 10:19am On Sep 06, 2016 |
MadCow1: The Soldiers should not retreat until the creeks are free from terrorists. Are u not aware 4 soldiers drown in just water front....abeg |
Politics › Re: Nigeria Needs Lagos More Than Niger Delta – Sanusi by maxzzo1(m): 9:28am On Sep 06, 2016 |
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Politics › Re: Buhari Not To Blame On Nigeria’s Economic Woes – Abdulmumin Jibrin Tells Dino by maxzzo1(m): 8:59am On Sep 06, 2016 |
kahal29: PRESS RELEASE
I’m compelled to say a few words on the attempt by some people to apportion blame on President Muhammadu Buhari on the state of the economy and also share my view on the call by Senator Dino Malaye on the President to sack some ministers and Central Bank Governor as the solution to the problem.
As a former Chairman of the House Committee on Finance, and until recently Appropriation, I am in a good position to contribute and proffer solutions to the problem.
Let me state very categorically that the President is not to blame on the state of our economy today. It is unfair and very wicked to push such blame on a man who just came on board barely a year ago. Not even a magician can turn around the economy within a period of one year. The biggest spending in our economy, that is the budget, hasn’t even run a full course of one year. Yet, some people want to crucify President Buhari. Haba! Let’s face reality!
[b]We all know how badly oil price has gone, a situation that adversely affected our foreign reserves and mounted pressure on the naira. No matter what approach we adopt to manage and deal with the situation, recovery will be slow. It is not President Buhari’s fault. Everyone seems to forget when the whole country was supporting more spending as against saving. But here we are today, soaked in the rainy day. President Buhari should not be used as anybody’s scape goat!
The recurrent expenditure, which has escalated and constituted a huge burden on our yearly budget rose from N950.32billion in 2006 to N1.372.20 trillion in 2008 and N2.593.62 trillion in 2015. This was not created by President Buhari.
Similarly, the total cash call (oil production cost) which rose from about N200 billion in 2006 to about N1.2 trillion in 2015 was not a creation of President Buhari. The cash call has remained another tale of burden on our yearly budget. Statutory transfers including that of the NASS are not left behind. Statutory transfers rose from just about N100 billion in 2006 to N375.62 billion in 2015. President Buhari was not the President then.
Debt servicing also rose from about N300 billion in 2006 to N953.62 billion in 2015. These expenditures have over the years constrained the budget and made it difficult to channel sufficient funds towards productive sectors that can sufficiently grow the economy. Domestic borrowing also skyrocketed during this period and created devastating consequences on the economy.
Government at that time continued to mop up money from commercial banks at a rate considered one of the highest in the world, while the real sector is left with nothing. And even when they were able to access funds, it came with an unbearable interest rate. President Buhari met this situation on ground. He did not create it, but is doing his very best to take us out of the economic quagmire. We should all support him.[/b]
On the call by Sen. Melaye on Mr. President to sack some ministers, I disagree with that proposition. Nigerians are of the habit of asking for the sack or removal of public officers, often for sentimental reasons, envy or simply for an opportunity to join the fray. In my assessment, I have not seen any member of the President’s cabinet today — from SGF, HOS to ministers — that is not good enough to hold the office. At worse, the President may wish to reshuffle a couple of or more ministers based on their strength and weaknesses for better service delivery.
A minister doesn’t have to know everything. A minister has an ample latitude to draw knowledge from the MDAs staff or within the larger society to achieve result in his ministry. I believe that most of the present cabinet ministers can source information or knowledge from these reservoir when the need arises. I have worked very closely with most of them and I am convinced that they have proved their mettle despite managing a very difficult situation that they did not create.
I am sure nobody can question the competence of Udoma Udoma. Finance Minister Kemi Adeosun is also doing her best, and having worked with her, I am convinced she has all it takes to turn around the economy. The Central Bank Governor is managing the most challenging period the apex bank has ever witnessed. I think the president has worked with this team for about a year. His cabinet team understands him better and vice-versa.
I believe if they stay focused and refuse to be distracted, we shall soon start seeing the dividends. The President must not fall for the trap of people trying to distort the progress made so far. Whoever he appoints again, the call for sack will never stop.Â
I am therefore calling on my colleague, brother and friend, Senator Dino Malaye that we should rather look inward and address our own contribution to this problem as lawmakers. We can start by addressing the budget and other monumental fraud under the watch of Speaker Yakubu Dogara, a systemic corruption that affected and continued to derail the economy of our dear country. That is the appropriate place to start. Remember, charity begins at home!Â
Hon Abdulmumin Jibrin APC-Kano Kiru-Bebeji Federal Constituency Kano
http://newswirengr.com/2016/09/05/buhari-not-to-blame-on-nigerias-economic-woes-abdulmumin-jibrin-tackles-dino-melaye/?utm_source=&utm_medium=twitter# Somethings wen madness start it will be like joke....Abdulmini is mad o....so blame me |
Politics › Re: Buhari Not Against Restructuring - Ngige by maxzzo1(m): 8:55am On Sep 06, 2016 |
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Politics › Re: Soldiers Take Over Azibaola Robert's Construction Site by maxzzo1(m): 8:04am On Sep 05, 2016 |
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Politics › Re: Operation Crocodile Smile Show Of Force (pics) by maxzzo1(m): 3:25pm On Sep 04, 2016 |
[quote author=FriendChoice post=49059166][/quote]All dis initial gragra wey fuel bomb go scatter.....na wer civilian dey army wan show der power... |
Politics › Re: Buhari And Osinbajo, The Moses And Aaron Of Our Time by maxzzo1(m): 3:06pm On Sep 04, 2016 |
GMBuhari: God bless this OP
Brilliant and Factual for those who are sensible enough to relate to this event This op is mentally derail.... |
Business › Re: What Happened To Nigeria China Currency Swap Deal? by maxzzo1(m): 5:14pm On Aug 28, 2016 |
APC govt is deceitful n full of lies ....even d zombies are tired
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Politics › Re: 'I Handed Over The Best Nigerian Government To Buhari' - GEJ Says by maxzzo1(m): 8:37am On Aug 26, 2016 |
Even goatz don tire 4 dis APC govt....
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Politics › Re: Ike Ekweremadu Reacts To Fulani Herdsmen's Attack In Enugu - Read by maxzzo1(m): 9:26pm On Aug 25, 2016 |
Empower ur youth to reprise 4 goodness seek.....all na change.... |
Politics › Re: APC Man Accused Of Setting Ablaze Room Of PDP Member In Edo (pics) by maxzzo1(m): 2:22pm On Aug 25, 2016 |
ProfessorPeter: all i want you to do is to campaign vigorously for 1za Iyamu on the election day, vote for him and defend your vote by keeping surveillance on both the electoral materials and electoral officers. Escort them to d ward until you reach final colliation. center Yes o u right daz hw Rivers did...steady policing |
Politics › Re: New Look Of Calabar-Itu Road That Buhari Started Work On Recently(pics) by maxzzo1(m): 8:59am On Aug 25, 2016 |
datz d acting NDDC lady ,so is NDDC but dis js palative measures.... |
Politics › Re: Father Mbaka: "They Plan To Kill Buhari" by maxzzo1(m): 10:25am On Aug 22, 2016 |
May God 4give me ....fr Mbaka pls can tell us if God is hapi dat innocent protesters were killed,ipod and shiites were masacre abt a thousand and u say God is hapi with our president, hunger on d land hope u are telling he d truth  OR is it in opp  |
Politics › Re: Adebutu: Kashamu Led 50 Thugs To Attack Me In Port Harcourt by maxzzo1(m): 7:55am On Aug 22, 2016 |
When u see so call leaders lie u beginning to wonder....50 thugs na wao , so as dey attack him he was busy counting d thugs....  |
Politics › Re: Fayose, Others Working To Kill Pdp —babatope by maxzzo1(m): 5:09pm On Aug 21, 2016 |
Why are these old fools tryin to reapwere dey did not sow, imagine how many times have he being active in dis era...abeg make we hear jare... |
Politics › Re: Justice Abang Faces NJC Probe Over Conflicting Rulings by maxzzo1(m): 4:37pm On Aug 21, 2016 |
passionate88: That judge mumu like general cassandra the dullard Abeg who be gen Cassandra  |
Sports › Re: Dalung Poses With KatsuyaTakasu After Helping U23 Team by maxzzo1(m): 1:47pm On Aug 21, 2016 |
Shameless man... |
Pets › Re: Joachim Chinakwe Who Named His Dog "Buhari" - "My Life Is In Danger" by maxzzo1(m): 10:35pm On Aug 20, 2016 |
obailala: Is it buhari that arrested the man?... I suppose buhari is also the one on the streets collecting N20 from bus drivers? For then to re arrest him dat meanz higher authority has hand...it make no sense...God 4bid apc govt..... |
Politics › Re: Southwest APC Insists On True Federalism by maxzzo1(m): 8:28pm On Aug 20, 2016 |
Will Buhari buy d idea  |
Politics › Re: Bode George: Sheriff Is A Saint Compared To Wike Or Fayose by maxzzo1(m): 7:43pm On Aug 20, 2016 |
tuale4u: Wike and Foyose are too arrogant. They should understand subtle leadership. Old bode George should retire from politics, man dat can not deliver rubbish.... |
Sports › Re: Katsuya Takasu Arrives Nigerian Team's Base In Order To Fulfill His Pledge by maxzzo1(m): 7:32pm On Aug 20, 2016 |
Chai Naija...all becos buhari/APC failure.....God bless him.... |
Car Talk › Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by maxzzo1(m): 5:04pm On Aug 20, 2016 |
vedaxcool: And this happened only to you? See how mouthy u are....you not into import so u would not understand.... |
Politics › Re: I And Others Brought Buhari To Salvage Nigeria- Obasanjo by maxzzo1(m): 4:16pm On Aug 20, 2016 |
Yeye man so how far na ...... |