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Mbulela's Posts

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PoliticsRe: Nigeria No More Debt Free: Federal Debt Up By $18bn Under 4 Years- Daily Trust by mbulela: 9:15am On May 12, 2015
PoliticsRe: Nigeria No More Debt Free: Federal Debt Up By $18bn Under 4 Years- Daily Trust by mbulela: 7:49am On May 12, 2015
mrmetoo1:
What exactly did they use all this money for?? As in this administration inherited healthy reserves, they experienced the biggest oil boom. Luck really shun on Goodluck but what did we end up with, debt with nothing to show for it. Money they inherited in reserves, chopped, money they made from the high oil price chopped, that wasn't enough they went ahead to borrow money to chop as well. It's like a curse. Nigeria was set for growth like never experienced in Africa before but we're not better off than we were, we could actually argue we're worse off.
You are talking about a potential Nobel Peace prize winner. So watch your tongue.
PoliticsRe: Nigeria No More Debt Free: Federal Debt Up By $18bn Under 4 Years- Daily Trust by mbulela: 7:45am On May 12, 2015
mmsen:
I did not say that they were marvellous structures, just that they were better than they were previously.

Abuja is being expanded, MMIA is being expanded. Calabar airport is improved.

Fact is, because of the press freedom in Nigeria that was not there previously we now know how much is being wasted. That too is an improvement.
You are scrapping the bottom of the pit.
Mmia that they can not sort out ordinary cooling and solitary conveyor belt,yet you are talking of expansion.
Press freedom is nothing new. As bad as Obasanjo is, people criticized his govt and info was available. Let us not act like Jona invented press freedom.
PoliticsRe: Nigeria No More Debt Free: Federal Debt Up By $18bn Under 4 Years- Daily Trust by mbulela: 7:30am On May 12, 2015
naijababe:
One chance Jona grin grin grin grin After the PWC report, nothing surprises me any more
Try and read the one going on at NPA/Intels axis.
See a recent post of mine.
I am not even sure Buhari stands a chance no matter how good his intentions are. The mess is too much.
PoliticsRe: Nigeria No More Debt Free: Federal Debt Up By $18bn Under 4 Years- Daily Trust by mbulela:
mmsen:
Not all of the roads are substandard, they're a welcome improvement. As are the airports.
Clearly money has been wasted, I cannot believe how much both parties managed to spend before and during the elections but compared to previous administrations more has been built in terms of infrastructure.
Which airport?
I was in enugu and I Saw a substandard thing that celebrates mediocrity.
The one in Port-Harcourt is a proof that Oduah never meant well for this country.
PoliticsRe: Nigeria No More Debt Free: Federal Debt Up By $18bn Under 4 Years- Daily Trust by mbulela:
Especially if you are not Greece
PoliticsRe: Nigeria No More Debt Free: Federal Debt Up By $18bn Under 4 Years- Daily Trust by mbulela: 8:39pm On May 11, 2015
Incurring debt to pay salaries is a crime punishable by death.
PoliticsRe: The Hottest Place In Hell Should Be Reserved For Governors – Murray-bruce by mbulela: 4:17pm On May 11, 2015
Rooneyboy:
This man is talking some reallll sense these days !
He just acquired sense?
He and his brothers cannot even organize whoring young girls in the name of pageant.
He left NTA worse than he met it.
He claims to have the ears of Jonathan and never had sense then. Suddenly he had acquired sense.
PoliticsRe: The Hottest Place In Hell Should Be Reserved For Governors – Murray-bruce by mbulela: 4:13pm On May 11, 2015
Charly68:
The truth must be told many of the Governors are advanced 419 ..No matter how smart they claim to be God will surely visit them and their lineage with terrible judgement in no mean time.
God is not into the vengeance business.
PoliticsRe: The Hottest Place In Hell Should Be Reserved For Governors – Murray-bruce by mbulela: 4:12pm On May 11, 2015
Esdb3:
Have you heard of Bukola Saraki?

The devil jots down points when this man defrauds..... The devil is thinking of making him his successor after armageddon.
Saraki can never be as brazen as Ochendo In stealing.
PoliticsRe: The Hottest Place In Hell Should Be Reserved For Governors – Murray-bruce by mbulela: 2:45pm On May 11, 2015
Mr. Ben Murray-Bruce, which part of hell will be reserved for PEJ and for the way you messed up NTA will you be stuck in purgatory?
After all this your publicity blizz, i hope you will refuse that jumbo pay that is coming your way for shouting Ayee and neeeeeeee!!
PoliticsRe: After Paying Intels Over N1 Trillion, FG Moves To Acquire 10 Per Cent Equity by mbulela(op): 12:10pm On May 11, 2015
Sometimes, the decisions taken in government makes you wonder if they are under a spell.
PoliticsRe: Non-indigenes In Lagos Must Respect Their Hosts– Akiolu by mbulela: 8:27am On May 11, 2015
Not again. Can someone pls make this man stop?
We have more important issues than stoking the fires of ethnicity and tribalsitic jingoism.
PoliticsAfter Paying Intels Over N1 Trillion, FG Moves To Acquire 10 Per Cent Equity by mbulela(op): 8:08am On May 11, 2015
Concerns mount as INTAdo shareholder takes over as MD of NPA, in clear impunity and conflict of interest
John Iwori

There is a growing concern among industry stakeholders over the recent moves by the federal government to acquire ten per cent equity of the Integrated Services Nigeria Limited (INTELS) in the dying days of the President Goodluck Jonathan's administration, which analysts believed will reinforce the monopoly of the private company in the critical maritime sector using the resources of the federal government of Nigeria.


The worry arises from the revelations from a report, which shows that the Nigeria Ports Authority (NPA) had indeed paid INTELS the sum of $5.2 billion (about N1.04tr) over the years.


INTELS, which was hitherto known as Nicotes, which started business in the 80’s is the exclusive concessionaire of Onne, Warri and Calabar ports.


According to reports made available to THISDAY, it was discovered that the late Emir of Kano, Alhaji Ado Bayero, owns ten per cent equity of INTELS, while the original investors and the late Shehu Yar'Adua owned 50 and 20 per cent equity respectively.


Stakeholders therefore find it curious that the late emir’s son, Alhaji Sanusi Lamido Ado-Bayero was recently appointed the Managing Director of the NPA, in what many see as not only an act of gross impunity, but also a manifest case of conflict of interest.


He resumed office April 30.


It is even more worrisome that the Federal Government is making moves to acquire the shareholding of the late emir, while his son superintends over the affairs of the NPA.


It is even more curious that the former Managing Director, Mallam Habib Abdullahi was removed because he was opposed to the move by the federal government to buy the 10 per cent equity in INTELS.


In his letter to the federal government through the inter-ministerial committee on the acquisition of the 10 per cent equity, the former Managing Director wrote that: "Venturing directly into the shareholding of a private partner may conpromise the neutrality of NPA as landlord and the federal government as umpire in the industry".


He further said that in the light of the prevailing controversy concerning INTELS' alleged monopolistic activities, buying into INTELS' shares will generate discomfort among players in Nigerian Port industry and make the NPA vulnerable giving that it (NPA) has ongoing participation with other development partners.
Following this memo, Abdullahi was removed as Managing Director and the son of a major shareholder, Alhaji Lamido Ado-Bayero was appointed.


Maritime operators who spoke to THISDAY last night are worried that the monopoly hitherto enjoyed by INTELS in the operations of the ports will only get worse with the major owner of INTELS now presiding as the managing director of the ports.


“This will surely stymied operations of the ports and I can assure you that this is not good for our economy”, as source said last night.


INTELS took over the running of the ports following the conclusion of the economic reforms in the nation’s seaports during the Chief Olusegun Obasanjo’s administration.


The exercise, which was midwifed by the Bureau for Public Enterprises (BPE) divested the management of the Nigerian Ports Authority (NPA), that is the day-to-day running of the ports from the government agency to private operators.


According to the report which was obtained by THISDAY at the weekend, INTELS has monopolised the services rendered by the authority in Onne Port Complex and the Oil and Gas Free Trade Zone to the detriment of other operators in the maritime industry and beyond.


The report also showed that in the areas of its operations, the company has edged out its competitors as it now provides services previously rendered by NPA and in the process raking in millions of naira as profit.


The report said it is pertinent for the federal government to review its relation with the company to ensure that its competitors are not made to continue to hold the short end of the stick.


According to the report, it is not proper for the federal government to buy into the shares of the company as it is proposed in certain quarters. Venturing into the share holding of a private company by the federal government will jeopardise the position of NPA as a government umpire that ought to be neutral in the port industry.


It hinged its position on the fact that INTELS is yet to be, publicly quoted company as it still largely a private entity with several interests at stake.


In a seeming defence of government's move a senior government official last night confirmed that Abdullahi's memo came to an inter-ministerial committee comprising the ministers of Justice, Transport and Commerce and Industry.


When ask why government wants to buy into the shares of a private company which collects revenue on behalf of federal government and has relationship with the Nigerian National Petroleum Corporation (NNPC), the official said government was considering the move as a way of raising revenue given that a free trade zone is not taxable.


He however assured that the government will take a second look at everything, "and we will come out will a win-win situation".
CelebritiesRe: Femi Kuti, Kate Henshaw, Funke Akindele, Others Party With Tunde&Wunmi Obe by mbulela: 9:33pm On May 10, 2015
brixton:
I don't trust this Femi guy; I think he is knocking mama Made
He needs to knock her.
Old age is giving him sense. A man needs a proper anchor.
CelebritiesRe: Femi Kuti, Kate Henshaw, Funke Akindele, Others Party With Tunde&Wunmi Obe by mbulela: 9:33pm On May 10, 2015
contactmorak:
that's his ex-wife Funke.
Soon to be new wife.
Made their son's prayer must come to pass.
There is something called love.
PoliticsRe: Senator-elect Ben Murray-Bruce Come After Governors Owing Workers Salary(Pics) by mbulela: 9:08pm On May 10, 2015
m1500:
What of Abia? The type of leaders we need in this country can only emerge if and only if these political offices can be made financially less attractive. The chance "leaders" we have now don't give a damn about anyone.
Abia is a failed state.
PoliticsRe: Shema Is The Only Governor That Will Be Leaving Office Without Debt – Ribadu by mbulela: 9:06pm On May 10, 2015
kilokeys:
hahahahahaha... he is like the dude with one talent in the bible..

what did he do for kastina.. ?. no debts, no projects, no improvements.. so whats d big ish?
Hahahahaha.
Things have gotten so bad that paying salaries makes you a role model in the NGF.
Amaechi had not paid most workers for March and April.
PoliticsRe: Shema Is The Only Governor That Will Be Leaving Office Without Debt – Ribadu by mbulela: 9:04pm On May 10, 2015
PassingShot:
Good one there by Shema.

As it's important and commendable not to leave behind a huge bag of liabilities for your successor, it's equally important to know how much development you brought to your state.

We need to know the following:

How many industries did you start and finish.

Provision of low cost housing for the citizens.

Improvement in the literacy level of the state.

Provision of portable water, good roads and other infrastructures all go a long way in determining your performance in office.
It is not govt's job to start or finish industries.
All that is needed is for government to provide an enabling environment for such to thrive.
Your other indices are in order.
PoliticsRe: My Ministers And I Will Be Persecuted, Says Jonathan by mbulela: 8:47pm On May 10, 2015
paperless1:
His statement is implied. The issue of infidelity could.be linked with RSA liberation struggle. It wss an issue of no presence of hubby leading to extra marital affair
The daftness in your comment is worrying.
Do you realize that we are talking about De Klerk's divorce not Mandela? De Klerk was never away from his wife and was not fighting any struggle.
There is nothing to imply in his statement. He simply attempted to appear smart and aware of happenings outside his local environment and being a foreign terrain, he failed woefully.
PoliticsRe: My Ministers And I Will Be Persecuted, Says Jonathan by mbulela: 8:38pm On May 10, 2015
scarred9jan:
I wonder who feeds Jonathan with lies, De klerk divorced Marike because he was having an affair and not because she hated majority rule. And they got divorced 4 years after Mandela became president.

The president tries to talk like he is smart.....
When De Klerk sues him now for defamation, they will start crying xenophobia.
Jonathan is a nice man until he talks. His relatively low intelligence becomes too glaring to ignore.
Even Buhari is not much better in that regard but makes up with some strong personality and character that will make q difference in government. Jonathan is an all round weakling that makes you wonder how a polity as ours ended up with such at the helm.
PoliticsRe: May God Forbid That Any Government Will Repeat What Gej's Did – Oby Ezekwesil by mbulela: 3:14pm On May 10, 2015
I am no fan of gej but I think this madam should stop flogging a dead horse. GEJ presidency is a dead horse. We have acted in his failure by voting him out (although I hear he is still deluded enough to believe that he did not lose. That means his failure has not sunk in but that is a discussion for another day).
PoliticsRe: Jonathan, Okonjo-iweala Ran Nigeria Like A Come-and-chop Restaurant — Shehu Sani by mbulela: 10:03am On May 10, 2015
Buchukwu:
He hasn't been paid a dime till today.
How come every other Nepa staff I know has been paid?
Are you sure he was a staff?
PoliticsRe: Jonathan, Okonjo-iweala Ran Nigeria Like A Come-and-chop Restaurant — Shehu Sani by mbulela: 8:35am On May 10, 2015
PentiumPro:
You are using too many words!
Are OPC members and Niger Delta militants constititionally recognized to perform such assigned role of pipeline protection if not just for the reason of the come-and-chop philosophy ?
That scam together with the amnesty fraud are two things the new govt has to discontinue if they expect any sane person to take them serious.
Spend the money in massive infrastructural development of the area. Even are that they must award such contracts to reputable firms not indigenes as we saw Amaechi do in rivers state.
If the bandits want to make the area ungovernable, they are welcom. Then the govt will deal with the security situation withat the full weight of the law.
PoliticsRe: Jonathan, Okonjo-iweala Ran Nigeria Like A Come-and-chop Restaurant — Shehu Sani by mbulela: 8:27am On May 10, 2015
Buchukwu:
My father was affected by the Nepa sack after the company was privatised, he hasn't forgiven GEJ since then, he normally tells us about his colleagues that were sacked and how they're now suffering. That's the worst thing GEJ did, its just TOO BAD
But they were paid off?
Let us be sincere, the privatization of a govt parasatal will always lead to job losses. It is inevitable. As much I feel the poor quality of electricity, it is too simplistic to blame it on the privatization. If generation is poor, distribution is irrelevant. It is okay for your fad to blame GEJ butting doubt it is a blame devoid of bias.
PoliticsRe: Athan Nneji Achonu: The One-Armed Senator-elect by mbulela: 8:06am On May 10, 2015
rusher14:
I think that's highly insensitive of you.

C'mon man. You were raised better than this
. lipsrsealed
Forget insensitivity, the guy or girl is daft.
You give his guardians too much credit when you assume he or she was even raised.
CultureRe: British Tottenham Choir Singing Yoruba song - Ise Oluwa by mbulela: 11:20pm On May 09, 2015
wiseoneking:
To be candid with you, you are already dead while alive. It is your choice but it comes with greatest eternal regret. Turn to Jesus today and geuninely give your life to Jesus.Try him with all your heart and see if he is real or not. Last warning guy, this little piece can judge you tomorrow in the sight of God. Stop calling God a fool by saying there is no God. Your life may be required from you tonite by that God. Next time take a look at the nature: sky, oceans, mts, hills etc, this things will mock at you and tell you that nothing just happens. There is a being to put it there. Dont be fooled by the west or the unstable science. JESUS IS GOOD FOR U
Even as a Christian, I find your argument very worrying.
Unconvincing, threatening and devoid of the simple fact that desent is an option.
PoliticsRe: Aliyu Backs Fayose, Asks Mu’azu, Others To Resign by mbulela: 6:22pm On May 09, 2015
mcmukoko12:
prayer points zone
Why did the man leave home?
PoliticsRe: Aliyu Backs Fayose, Asks Mu’azu, Others To Resign by mbulela: 6:14pm On May 09, 2015
Finally, with nothing at stake Aliyu Mohammed has found his voice and is no longer sitting on the fence.
SportsCristiano Ronaldo Donates £5m To Nepal Aid Fund After Earthquake – Reports by mbulela(op): 6:04pm On May 09, 2015
Saturday 9 May 2015 16.16 BST Last modified on Saturday 9 May 2015 16.18 BST


Cristiano Ronaldo, who has been no stranger to charitable acts throughout his career, has donated to the charity Save the Children to help their aid efforts in Nepal after the earthquake which killed more than 8,000 people and injured another 20,000 last month, according to reports in France.

The French football magazine, So Foot, reports that the 30-year-old Real Madrid player made the donation having previously asked his 100m Facebook followers to support to the charity.


The Portugal striker, who scored in the 2-1 Champions League semi-final first-leg defeat at Juventus last week, is no stranger to such acts. Last year he paid for €60,000 worth of treatments for a 10-month-old boy with cortical dysplasia. He has also worked closely with Unicef and World Vision and in 2004 he flew to Indonesia having seen a survivor from the tsunami there wearing a shirt with his name on the back.

Real Madrid face Valencia in La Liga on Saturday night before entertaining Juve in the second-leg of their last four tie on Wednesday.
CelebritiesRe: When Two Entertainment Moguls Fight: Onwenu & Ozokwor In War Of Words by mbulela: 2:49pm On May 09, 2015
teeowl:
i mean normal marriage to a man.
No she is not.
BusinessRe: Dangote Cannot Afford To Buy Arsenal Football Club – Etcetera by mbulela: 11:18am On May 09, 2015
Please remove this crap from the front page.
It is filled with misinformation and outright lies.
The writer is writing from a place of intense ignorance.

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