Crime › Re: Arms & Ammunition Recovered In Benue After A Soldier Was Killed (Photos) by me69: 12:26pm On Feb 16, 2017 |
Send dem fulani |
Crime › Re: Arms & Ammunition Recovered In Benue After A Soldier Was Killed (Photos) by me69: 12:26pm On Feb 16, 2017 |
dainformant: Benue State Governor, Samuel Ortom has issued a 72-hour ultimatum to militia operating in Agatu area of the state to surrender themselves to law enforcement agencies or face the consequences of their action. The Governor who received arms and ammunition recovered by the army in Agatu, was reacting to the recent attack on military personnel in the area which led to the killing of a soldier. He described the incident as unacceptable.
Governor Ortom restated the resolve of his administration to assist security agencies in identifying those behind the act to face justice and advised youths still in possession of illegal weapons to surrender such arms to the appropriate authorities.
He sympathized with the Chief of Army Staff over the murder of the soldier, assuring him of the State Government's support and commitment to the ongoing peace process.
Earlier, the Special Adviser to the Governor on Security, Retired Colonel Edwin Jando presented the recovered weapons to the Governor, describing the feat as a result of the resilience of the military personnel deployed to the area.
Meanwhile, the Commander, 707 Special Brigade Forces, Makurdi, Brigadier General Clement Apere has stated that no house was destroyed nor lives lost during the military search operation in Oweto, Agatu local government area.
General Apere who stated this while briefing newsmen to clear the air on the operation, said the exercise was meant to apprehend armed militia who had killed a soldier and made away with his riffle. He maintained that the army obeyed rules of engagement during the operation.
The recovered weapons included two AK47 rifles, two SLR rifles, one fabricated pistol, three locally made pistols, live amunition, police and military kits, some charms and substance suspected to be Indian hemp.
Source; http://www.nationalhelm.net/2017/02/see-arms-and-ammunition-recovered-by.html Send them Fulani people |
Politics › Re: Ortom Gives Agatu 72 Hours To Produce Soldier’s Killer by me69: 12:24pm On Feb 16, 2017 |
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Politics › Re: Ortom Gives Agatu 72 Hours To Produce Soldier’s Killer by me69: 12:23pm On Feb 16, 2017 |
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NYSC › Re: Nigerians React To Corper Gbadamosi Mayowa Post About Sleeping With His Students by me69: 11:53pm On Feb 15, 2017 |
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Politics › Re: Obasanjo Saluting The Corpse Of Murtala Mohammed (Throwback Photo) by me69: 4:25pm On Feb 15, 2017 |
Likei: R.I.P to another Fulani idiot There are the majority tribe in Nigeria |
Politics › Re: "I Support President Buhari" Mega Rally In Kano (Photos) by me69: 4:22pm On Feb 15, 2017 |
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Business › Re: Arthur Eze, 71, Bowing To A 43-Year-Old Johnbosco Onunkwo (Photo) by me69: 4:00pm On Feb 15, 2017 |
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Politics › Re: Nothing To Show That South-east Is Part Of Nigeria - Okorocha by me69: 1:08pm On Feb 15, 2017 |
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Politics › Re: Only Nigerians Can Decide Igbo Presidency — Atiku by me69: 1:04pm On Feb 15, 2017 |
The reason I cannot vote for Igbo is because there are too tribalistic and divisive |
Family › Re: Man Discovers 32-year-old ‘son’ Isn’t His Child (photos) by me69: 10:16pm On Feb 14, 2017 |
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Politics › Re: Reconstructed Houses For 192 Refugee Families In Borno (Photos) by me69: 9:53pm On Feb 14, 2017 |
mykeljosef: its high time Nigeria adopted wooden homes
easy to build
easy to modify
- edited
the pic below shows a movable one
more appealing to the eyes Na contract you dey look for i understand  |
Politics › Re: EFCC Seals Unoma Akpabio's School In Uyo. Photos by me69: 9:51pm On Feb 14, 2017 |
CastedDude: EFCC Seals Off School Belonging To Senator Akpabio's Wife In Uyo. Photos
The Economic and Financial Crimes Commission EFCC has sealed off a multi million naira school belong to former Akwa Ibom State First Lady and wife of Senate Minority Leader, Ekaette Uloma Akpabio. The John Paul International Nursery School at Shelter Afrique in Uyo, Akwa Ibom state capital was marked by the anti-graft agency after being under investigation by the EFCC and Code of Conduct Bureau...
Source; http://www.nationalhelm.net/2017/02/ekaette-uloma-akpabio-efcc-seals-school.html Let justice be done to the people of Akwa Ibom |
Politics › Re: Live Video: White House Press Secretary Confirms Trumps Call To Buhari by me69: 9:47pm On Feb 14, 2017 |
Are you satisfied ? |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 12:54pm On Feb 14, 2017 |
rusher14:
So you would like to compare a behemoth like Russia to Nigeria?
Can you compare Dangote with Seun Egbegbe? What d u even mean by compare? Yes we take lessons from other people situations, that is what reserch is all about |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 12:53pm On Feb 14, 2017 |
rusher14:
And they should continue to import polyethylene at government subsidised rates from countries that don't even have the raw materials for the manufacture of polyethylene.
Na wa for Africa. Some local firms produce plastics of all sorts for plastic bags, jerricans, bottles etc... the fact is that they need the raw materials like polyethylene, some companies produce aluminum roofing and import the aluminum where in Nigeria do we have metallurgy industry |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 12:50pm On Feb 14, 2017 |
deomelo: What facts? Poor management and companies with poor business record folds no matter what?
Exactly what do you expect or want to happen after looting the largest FG earnings under Jona and PDP and draining of our reserve? Do you spend or continue spending don't have to waste or spend any how?
Do you continue spending based on $40/barrel oil same way you did when oil was $100/barrel?
Let me tell you the hard truth about facts, it's when you make a lot of money for so many years and failed to invest your money, when you steal, loot and mismanage your money, you will suffer when tomorrow comes.
You can even try in real life by mismanaging your salary and see how fast you suffer when your bills and rent comes knocking.
You people just talk and talk with poor reasoning and rational Now i see why you are confused, you don't even know what the reserves are. Look the dollar that is in the reserves are mainly proceeds from oil sale, when the government sell oil and receive dollars they sell the dollars back to the CBN for naira in return which is then distributed as allocations to states and FG, you cannot look at it as money meant for the government because CBN is independent |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 12:45pm On Feb 14, 2017 |
agabusta: When the reserves rises, it boost investor confidence and portfolio investors will return to the country in droves. Those dollar requests you mentioned may necessarily not be met by CBN but by other sources in the economy.
We first ran into problem shortly after the election when reserves dropped to dangerous levels and majority of portfolio investors pulled out their funds. How will investors have confidence if they know that they can't take away their profits because no dollar. No foreign investor will invest because of that, he cant get his money back because he won't be able to change his profit to his own currency, or even get dollars to buy inputs to produce in Nigeria |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 12:42pm On Feb 14, 2017 |
chibuzorAbia: Let me assure you that you are talking absolute rubbish! You are just using theoretical jargon that you just don't understand. What in hell is efficient allocation when you are seriously short of money (dollars)? The only fundamental problem is we are foolish consumers of imported products that we are capable of producing ourselves. Everything else is nonsense. If I were Buhari nobody will withdraw 1 cent from the CBN. If we can't produce anything then let us DIE! The people will kill you before you kill them, there some items that nigerian cannot produce in the immediate, this a issue far beyond the importation of toothpicks |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 11:37pm On Feb 13, 2017 |
rusher14: What raw materials if I may ask?
Lot of our local firms buy inputs from countries like china, india and so on like special chemicals, polyethylene, fabrics, machines etc.. |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 11:33pm On Feb 13, 2017 |
rusher14: Name one oil dependent country that did not go through an immediate crisis as a result of the sharp and persistent drop in oil price. Immediate? who's talking about immediate, i'm telling that they had a better response like russia. |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 11:32pm On Feb 13, 2017 |
deomelo: There is a difference between meeting demands and dashing out scares forex to unscrupulous people to import worthless items into Nigeria.
Credible businesses are getting their forex. Don't ignore the facts, manufacturers are closing, arik had to be taken over by AMCON because of unsettled debt. Politicians are still budgeting for brand new cars |
Politics › Re: Reception For Amina Mohammed, Outgoing Minister Of Environment (Photos) by me69: 11:28pm On Feb 13, 2017 |
herzern: Assistant UN secretary qeneral.
Noht bad Deputy UN SG my brother |
Politics › Re: Reno Omokri: Buhari And Trump Call Will Boost US/Nigeria Relations by me69: 11:25pm On Feb 13, 2017 |
sarrki: Wailers will collapse They are on their way to rock bottom |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 9:50pm On Feb 13, 2017 |
deomelo: Nigeria is not other countries and you can not compare their economic situation with ours.
1. Nigeria is relies on 1 single income earning commodity which is oil.
2. Nigeria doesn't have anything significant to export for forex generation
3. Nigeria is still battling with gross corruption and monumental infrastructure deficit
We have our own unique economic challenges that has no connection with other countries so why compare us with them or even ask us to take the same medicine for our different ailments and situations?
If you are going to go on and on about policies, why don't you just explain to us what the CBN should have done to better the situation instead of the usual baseless complaints with no solution.
Under Jona, oil was selling for $100, but our reserve dwindled
Under PMB with oil selling for $40, our reserve is steady increasing
So, please tell me, what good policies was used under Jona to dwindled our reserve and the one they are using under PMB that increased our reserves.
You can not tell me I'm doing something wrong because funds in my bank account is increasing.. First of all Nigeria is not an exception there are other single currency economies. Second we are not saying that the fact that rising reserves is a bad, what I'm saying is that the reserve is rising because CBN does not meet demand and therefore people go to the black market and compete to get forex which pushes the price of dollar. Manufacturers are complaining about not being able to get forex to buy inputs, which makes them buy dollar at black market and pushes prices in the markets and creates inflation, inflation in return eats up the value of money deposits, people that have money in the bank are losing money without even touching the money because of inflation. Don't you follow news, Arik could not pay |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 6:48pm On Feb 13, 2017 |
chibuzorAbia: By saving their fx!!!!! Stp arguing you have no point. If the CBN doesn't change it policies, as soon as they start selling dollars again the reserve will deplete because they fail to address the fundamentals of this Forex crisis. I'm telling the issue is not about hoarding forex, it is about allocating it in a efficient manner. |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 6:44pm On Feb 13, 2017 |
deomelo: No, it was created back in 2012 and your incompetent economic minister warned you to be ready for it in 2012 and again in 2014 even though they generated more revenue than any administration in the history of Nigeria.
Get your facts right. Even if the price of oil fell, the job of the CBN at that point was to the proper policies to address what we are goin through. For your info Nigeria is not the only country that suffered from low oil prices, other countries were more competent in dealing with it. |
Politics › Re: Osinbajo Inspects Projects With Wike In Rivers State (Photos) by me69: 6:24pm On Feb 13, 2017 |
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Politics › Re: Nigerians Question Journalist For Saying 'Trump Will Call Buhari' by me69: 4:22pm On Feb 13, 2017 |
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Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 4:20pm On Feb 13, 2017 |
chibuzorAbia: Guy, you are talking a lot of nonsense. Until you are productive and run a trade surplus ( meaning you export more than you import) all your economic policies are not worth the paper you write them on.
The only sane policy is to save the dollar we have which the CBN and the government are doing.
All the bullshit you put up there is simply just BS. The issue is a very simply one. Pat Utomi and Msdam world bank makes it sound so complicated. Produce!, produce! and produce! Or die! How do u produce if you can't get access to Forex to get raw materials. The recession was created by CBN with their Forex policy. Companies can't produce!!!!! this is the point. You fail to understand that all countries use they reserves to maintain the value of their national currency |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 4:14pm On Feb 13, 2017 |
chibuzorAbia: You people are just so stupid. We have several rates because of plenty of idiots in our society. If you really have to import nonsense to the country, source for your own dollar. Is that too much to ask ? Ok but is aircraft maintenance, jet fuel, raw materials, tuition fees, all nonsense. September last year i was at bank to try and buy forex for an urgent need, i was told cbn had released forex to be sold at cbn rate for people travelling with their visa and flight tickets ready, anyone could buy up to $4,000 but i eventually couldn't buy after 2 days of queing because of crowd. as long as you have visa and ticket you can buy. I asked a guy waiting with me what brought him, he said was just goin on vacation and would buy $4,000 but would spend only small and sell the rest to black market at high rate. What policy is that, people made a lot of money from CBN policy |
Politics › Re: Foreign Reserves Rise To $30.5B As CBN Targets $40B Before Year End by me69: 4:02pm On Feb 13, 2017 |
Standing5: One man depleted same reserve with greater earning and was termed a hero. Another one increases the same reserve with far lesser earning and is being termed a dullard. Nigerians are too negative. To me it is not a issue of politics here, it is about exposing the way CBN plays with minds. Understand that all the issues Nigeria is facing today is because of the way the Forex policy was handled by the CBN till today. At a point, according to news, CBN was selling to banks at CBN rate to allocate to their customer but the banks were making profits by selling it back to BDCs at high rates. Guy, the fact that naira is still falling on the parrallel market means that the CBN has not figured out the main drivers of exchange rate fluctuation in Nigeria. What would make a Nigerian go to the black market and buy 1$ at 500N if he really he doesn't need it, the fact is that those people buying at 500N desperatly need it and CBN policies have not captured them for allocation. Any government can just hoard the Dollar and say i have incresed dollar during my tenure , but i assure you that by the end of that tenure naira would have been more than doubled. |