₦airaland Forum

A gathering of monumental failures.

Madam, park well joor. Your time has expired. Better start a campaign of Bring Back our Vibrant Economy. Na dat one go get you supporters since you want relevance.

Godshand:
Nobody killed his dream. Akpabio actually destroyed his career. Instead of the young man to focus on his career, he was busy partying around with Akpabio and sleeping with all sort of girls. Later on, when we heard that he was defeated, it wasnt a surprise to us.

Thank you. He went hobnobbing with Akpabio. He didn't train well and the mother in law fracas didnt help at all. I'd say it was more of pride and arrival mentality that brought him down.

What is wrong with entertainers and kidney failure? May God send help to him especially in this era of 'change'.

Sometimes I wake up so angry that I feel like exploding. How could Nigerians have been so blind to have elected this man into office? I heard the horror story of his reign in the eighties and now this.
Folks are not smiling at all. The hardship is real. Meanwhile, the man and his entire cabinet are getting more muddled in the head than before.

She fine abeg. Uyai mma

stanliwise:
Make dem leave you, you want make she born a whole country!

Is fruitfulness all about children?

Congrats Mercy. Wishing your marriage more fruitful years ahead.

Osyabj:
President to meet Saraki, Dogara

Bill to rescue economy ready

President Muhammadu Buhari will be seeking emergency powers from the National Assembly to push his planned stimulus for the economy.

The objectives of the action-plan on the economy, which is in recession, include shoring up the value of the naira, creation of more jobs, boosting of foreign reserves, reviving the manufacturing sector and improving power.

Government sources said the decision to seek emergency powers for the President was based on a proposal from the economic team headed by Vice President Yemi Osinbajo. The team reviewed the various policies so far introduced and how they have affected the economy.

The economic team, it was learnt, gauged the mood of the polity and decided that unless there is an urgency which some of the extant laws will not permit, “the recession may be longer than expected and Nigerians will not get the desired respite, which is the goal of this government”.

An executive bill titled: “Emergency Economic Stabilisation Bill 2016” is to be presented to the National Assembly when the Senate and the House of Representatives resume from vacation on September 12.

In the bill, the executive will be asking for the President to be given sweeping powers to set aside some extant laws and use executive orders to roll out an economic recovery package within the next one year.

Buhari will be seeking powers to:

abridge the procurement process to support stimulus spending on critical sectors of the economy;
make orders to favour local contractors/suppliers in contract awards;
abridge the process of sale or lease of government assets to generate revenue;
allow virement of budgetary allocation to projects that are urgent, without going back to the National Assembly.
amend certain laws, such as the Universal Basic Education Commission (UBEC) Act, so that states that cannot
access their cash trapped in the accounts of the commission because they cannot meet the counterpart funding,
can do so; and
to embark on radical reforms in visa issuance at Nigeria’s consular offices and on arrival in the country and to
compel some agencies of government like the Corporate Affairs Commission (CAC), the National Agency for Foods
Administration and Control (NAFDAC) and others to improve on their turn around operation time for the benefit of
business.
The extant law on procurement does not allow contract award earlier than six months after decision. Part of this is a mandatory advertisement of the contract for six weeks. The economic team has found this to be unacceptable, given our present circumstance.

Although the president has the power to order the sale or lease of any government asset to raise cash, “the procedure is cumbersome and long”. The draft bill is meant to ease the process. The government source said about nine government assets may be leased or sold to generate around $50billion to shore up the nation’s foreign reserves and the value of the naira against the United States dollar.

The source said: “Nigeria may be broke at the moment but we are not a poor country, given our assets and capability.” About N58 billion is trapped in UBEC’s coffers because the states cannot access it as a result of the key condition, which is the payment of 50 per cent counterpart funding. The government is seeking an amendment to the law so that states will pay only 10 per cent as counterpart funding.

The objective is that state governments will have access to cash to develop education. This will facilitate creation of jobs since contracts will be awarded for the projects.

As for contract awards, the government, by the provisions of the law, cannot mobilise contractors with more than 15 per cent of contract sum. This is considered to be undesirable by the economic team given the pace the government wants to move in turning the economy around and in the provision of critical infrastructure. The bill will seek to allow the government to mobilise contractors with 50 per cent of contract sum.

The move to get government agencies to fast tract their operations is to enable foreign investors to come into the country without the current bottlenecks. Consular offices will now be expected to make visas available within 48 hours and visitors, especially tourists who intend to pick up visas at the entry point, will be able to do so. Time wasting at the airport with duplication of agencies screening incoming passengers is to be eliminated. Those leaving the country should go without hassle.

For the power sector, the government plans to truck gas from source to the power plants to enable them get what they need for generation. A government source said: “This may be more expensive but it is a price to be paid for Nigerians’ comfort”.

It was learnt that President Buhari will engage the leadership of the National Assembly before their resumption to solicit support for the bill’s quick passage.


http://thenationonlineng.net/buhari-seeks-emergency-powers-tackle-economy/

I don't like the bolded at all. It may just open up our country to undesirable elements. Proper screening should still be done but without the bottleneck.

It may get worse. God help us.

If you are a militant, what are the folks in NDA?

Your opinion doesn't matter Basketmouth. Go and do what u know best.

Since I'm not into Forex, neither am I a pilgrim, I wont comment.

They should both be repeatedly flogged for disgracing womanhood.

Nigerians being creative. This should be mass produced and sold everywhere.

I refuse to be surprised by anything anymore. No be Naija we dey?

CeenoEvu:
The cake is just perfect for the celebrant. They are both looking awkwardly controversial as you put it.

True

Jason, Derek.

Thwy wanted to do something unique. Aim achieved. Datz all.

photoshoot:
I have 2 I love most.


1. Omije ojumi- Tope alabi


2. My helper oh, my helper oh
There is something that makes
me come into your presence.
My helper.

Your no 2 though. Really got me LOL.

Any R Kelly jamz. The guy' s got it.

Who really loves these days? The word is overrated. Its the act that is important.

Until she says otherwise, see her as a sister.

bamac:
but small jealousy will still be there. And do you know that small jealousy can still destroy a mansion?

If there is no jealousy at all, then there is no love from my point of view. A healthy dose of jealousy is needed at some point in relationships.

Try harder. Do away with all things sex related. Naked pix, sex stories, love songs and girls, even casual friends.

Indulge urself in something you love doing. Task urself so hard that u have little time for idle thoughts.

Unfortunately, when that little devil holds u, most peeps always fall down flat. I hope u make it.

Signs? What of wonder?

bamac:
so you mean that when the trust level is low then jealousy takes the priority?

Yep. To a large extent. Trust is paramount. If u trust, u don't easily suspect which makes you less jealous.

Make I do research.

Small brained man. How does that help him? Story may be untrue though.