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They dont want Nigerians to 'eat'. That is the fundamental issue. They dont care about any of us. Hence they will never implement any of these schemes.

nice ideas though in an uncorrupt enivroment  

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"Those who don't learn from history are doomed to repeat it"

.

Beaf has failed big time. See how absent he has been today?

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Send the vid to your boss Beaf

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"Those who don't learn from history are doomed to repeat it"

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"Those who don't learn from history are doomed to repeat it"

Watch read and learn. Please shine your eyes at the evil going on in Nigeria. GEJ +PDP+IMF = 110% faliure by design

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On a recent trip to West Africa, the newly appointed managing director of the International Monetary Fund, Christine Lagarde ordered the governments of Nigeria, Guinea, Cameroon, Ghana and Chad to relinquish vital fuel subsidies. Much to the dismay of the population of these nations, the prices of fuel and transport have near tripled over night without notice, causing widespread violence on the streets of the Nigerian capital of Abuja and its economic center, Lagos. Much like the IMF induced riots in Indonesia during the 1997 Asian Financial Crisis, public discontent in Nigeria is channelled towards an incompetent and self-serving domestic elite, compliant to the interests of fraudulent foreign institutions.

Although Nigeria holds the most proven oil reserves in Africa behind Libya, it’s people are now expected to pay a fee closer to what the average American pays for the cost of fuel, an exorbitant sum in contrast to its regional neighbours. Alternatively, other oil producing nations such as Venezuela, Kuwait and Saudi Arabia offer their populations fuel for as little as $0.12 USD per gallon. While Lagos has one of Africa’s highest concentration of billionaires, the vast majority of the population struggle daily on less than $2.00 USD. Amid a staggering 47% youth unemployment rate and thousands of annual deaths related to preventable diseases, the IMF has pulled the rug out from under a nation where safe drinking water is a luxury to around 80% of it’s populace. 

Although Nigeria produces 2.4 million barrels of crude oil a day intended for export use, the country struggles with generating sufficient electrical power and maintaining its infrastructure. Ironically enough, less than 6% of bank depositors own 88% of all bank deposits in Nigeria. Goldman Sachs employees line its domestic government, in addition to the former Vice President of the World Bank, Ngozi Okonjo-Iweala, who is widely considered by many to be the de facto Prime Minister. Even after decades of producing lucrative oil exports, Nigeria has failed to maintain it’s own refineries, forcing it to illogically purchase oil imports from other nations. Society at large has not benefited from Nigeria’s natural riches, so it comes as no surprise that a severe level of distrust is held towards the government, who claims the fuel subsidy needs to be lifted in order to divert funds towards improving the quality of life within the country.

Like so many other nations, Nigerian people have suffered from a systematically reduced living standard after being subjected to the IMF’s Structural Adjustment Policies (SAP). Before a loan can be taken from the World Bank or IMF, a country must first follow strict economic policies, which include currency devaluation, lifting of trade tariffs, the removal of subsidies and detrimental budget cuts to critical public sector health and education services.

SAPs encourage borrower countries to focus on the production and export of domestic commodities and resources to increase foreign exchange, which can often be subject to dramatic fluctuations in value. Without the protection of price controls and an authentic currency rate, extreme inflation and poverty subsist to the point of civil unrest, as seen in a wide array of countries around the world (usually in former colonial protectorates). The people of Nigeria have been one of the world’s most vocal against IMF-induced austerity measures, student protests have been met with heavy handed repression since 1986 and several times since then, resulting in hundreds of civilian deaths. As a testament to the success of the loan, the average laborer in Nigeria earned 35% more in the 1970’s than he would of in 2012.

[b]Working through the direct representation of Western Financial Institutions and the IMF in Nigeria’s Government, a new IMF conditionality calls for the creation of a Sovereign Wealth Fund. Olusegun Aganga, the former Nigerian Minister of Finance commented on how the SWF was hastily pushed through and enacted prior to the countries national elections. [/b]If huge savings are amassed from oil exports and austerity measures, one cannot realistically expect that these funds will be invested towards infrastructure development based on the current track record of the Nigerian Government. Further more, it is increasingly more likely that any proceeds from a SWF would be beneficial to Western institutions and markets, which initially demanded its creation. Nigerian philanthropist Bukar Usman prophetically writes “I have genuine fears that the SWF would serve us no better than other foreign-recommended "remedies" which we had implemented to our own detriment in the past or are being pushed to implement today.”

The abrupt simultaneous removal of fuel subsidies in several West African nations is a clear indication of who is really in charge of things in post-colonial Africa. The timing of its cushion-less implementation could not be any worse, Nigeria’s president Goodluck Jonathan recently declared a state of emergency after forty people were killed in a church bombing on Christmas day, an act allegedly committed by the Islamist separatist group, Boko Haram. The group advocates dividing the predominately Muslim northern states from the Christian southern states, a similar predicament to the recent division of Sudan.


As the United States African Command (AFRICOM) begins to gain a foothold into the continent with its troops officially present in Eritrea and Uganda in an effort to maintain security and remove other theocratic religious groups such as the Lord’s Resistance Army, the sectarian violence in Nigeria provides a convenient pretext for military intervention in the continuing resource war. For further insight into this theory, it is interesting to note that United States Army War College in Carlisle, Pennsylvania conducted a series of African war game scenarios in preparation for the Pentagon’s expansion of AFRICOM under the Obama Administration.

In the presence of US State Department Officials, employees from The Rand Corporation and Israeli military personnel, a military exercise was undertaken which tested how AFRICOM would respond to a disintegrating Nigeria on the verge of collapse amidst civil war. The scenario envisioned rebel factions vying for control of the Niger Delta oil fields (the source of one of America’s top oil imports), which would potentially be secured by some 20,000 U.S. troops if a US-friendly coup failed to take place. At a press conference at the House Armed Services Committee on March 13, 2008, AFRICOM Commander, General William Ward then went on to brazenly state the priority issue of America’s growing dependence on African oil would be furthered by AFRICOM operating under the principle theatre-goal of “combating terrorism”.

At an AFRICOM Conference held at Fort McNair on February 18, 2008, Vice Admiral Robert T. Moeller openly declared the guiding principle of AFRICOM is to protect[b] “the free flow of natural resources from Africa to the global market”, before citing China’s increasing presence in the region as challenging to American interests. After the unwarranted snatch-and-grab regime change conducted in Libya, nurturing economic destabilization, civil unrest and sectarian conflict in Nigeria is an ultimately tangible effort to secure Africa’s second largest oil reserves. During the pillage of Libya, its SFW accounts worth over 1.2 billion USD were frozen and essentially absorbed by Franco-Anglo-American powers; it would be realistic to assume that much the same would occur if Nigeria failed to comply with Western interests.[/b] While agents of foreign capital have already infiltrated its government, there is little doubt that Nigeria will become a new front in the War on Terror.

Fresh air 2012

Lujan:

most N/Ls comment are so crude. U guys are so permisstic about the whole subsidy removal. The buses were purchased to soften d transportation pains for the main time. Nigeria go better, make we try supprt any policy we go carry us to the promise land.

with good reason ooo

Who remembers the boy who cried wolf?

GEJ + His adminstration has not shown us why we should trust them. They are not transparent at all. How can you have trust without transparency? No Serious effort to tackle corruption. Nothing.

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Completley unreasltic given the situation on the ground now. Get PDP out then come back and talk .

fedearlism as 6 zones is better though. For dividin will be a problem lol. States like Plateau, Taraba and SS different countries? lol. Even with them countries they will be mini Nigerias lool.

Goodluck to you

Kobojunkie:

I laugh in boko haram!!! Nigerians learn from their mistake??

lol I do think so o. This outrage is different o

What makes me laugh is. He might has well not have come out with such speach o. I dey laugh. He has made it worse for himself by showing he aint serious at all with that dull speech. Are any of you inspired by that?

oga GEJ. Be very careful ooo.

Father becuase x chromosome changes whereas Y chromosome doesnt. Thats how you can trace your ancestor via your fathers y chromosome. The X you get from females can change with time or down the line of the family. Thats why people take thier fathers surname.

Depilot:

I'm starting to truly believe that not all Nigerians voted for this man, as they've claimed. In other words, Jonathan did not win the election.
It doesn't matter what the Supreme Court  says. Afterall, the same supreme courts affirmed the election of President Yaradua and we are still paying for this horrible decision today.
Our election process still needs a lot of work to make it right. And I believe this will become possible as soon as Nigerians start casting their votes based on intelligence and not just sentiments.

Goodluck Jonathan has no business in Aso Rock.

Of course he was rigged in. He had voters but the massive rigging and over inlfated votes was very clear to all that where not blinded by ethnicty/religon.

Nigeria will learn from its mistake. One way or another January 1st 2012 will go down in Nigerias history. This fuel subsidy thing has woken up Nigerians finally. 2015 = end of PDP. Wether it means splitting the country or even as one Nigeria.

LMAO Fresh airrrrrr 2012.

Na same lies from PDP as always.

talknafree:

(*shakes head in pity for my senseless fellow nigerians who just bought the useless analogy given by @Beaf*)

How on earth can you people be so silly to lick GEJ butt kissers tale hook, line and sinker?

So cameroonians will jump through our borders and just enter a church, bank, local government and police locations to bomb, shoot, and stab people without having full knowledge of the terrain and their targets? Please people if you can't think, get a brain transplant.

The REAL SPONSORS of Boko Haram are this very same PDP leadership in government.

They are using this group to disunite and distract Nigerians from their slow pace, bad policies, glaring corruption and bad governance.

When they heard Muslims and Christians are protecting themselves in Kano, the sent in security agents to harass and disperse them in no time.

Adamawa election is a few days time, that operation was carried out so that the distract the people so that PDP can have the full control to rig that election to their favour.

How else can a governor who hasn't paid staff salary for 4 months expect to wim election overnight.

They want to use the presence of heavily armed security agencies to intimidate and send down fears down the spins of the people of the state.

Boko Haram are Nigerians used by the Government to devide the people of the North in particular and Nigeria in general.

Beaf is a traitor, deceit and a liar. Nothing he ustters should ever be believed. He is being used by Jonathan to deceive and manipulate the thoughts of well meaningful Nigerians.

Welldone your eyes are shining sir  . This is why GEJ is 'slow to react' 

Nigerians you must sacrfice na oga needs to eat ooo

Dont worry we will use subsidy funds very well

dayokanu:

First they said it was Northern clerics supporting them ,

During PDP primaries they claimed it was Atiku, IBB and other GEJ opponents sponsoring them

During and after elections they claimed it was Buhari sponsoring them

Recently the same people alluded that it was the Sultan supporting them

Today its that they are from Cameroun

Maybe tommorow when Fashola criticize govt it would be said that Fashola is Boko Harams sponsor

When would the govt own up to the truth we all know about Boko haram

When Timipre Sylva governor of Bayelsa claims he would unleash Boko Haram doesnt common sense tell you that he is one of those controlling them?

“Governor Sylva called me one early morning, and I answered and said Good morning Your Excellency. Sylva responded, Please don’t call me that, I heard the President wants to remove me as Governor and install you, so that is why you refused to return as commissioner? “Let me tell you something. THIS WILL BE THE LAST FIGHT; I WILL KILL PRESIDENT JONATHAN, HIS WIFE, PATIENCE AND YOU. YOU SHOULD BE AWARE THERE IS BOKO HARAM. I WILL MOBILIZE THEM TO YENAGOA AND WILL SINK THE STATE IF YOU PEOPLE MAKE ANY ATTEMPT TO REMOVE ME".

Shine your eyes very well Nigerians, Shine and know your enemy . This is the reason why GEJ is 'slow to react'. . Add 2+2.

@ Beaf

All I am doing is asking questions. If you have half a brain you will see it does not add up.

Lol. His actions say otherwise.

proudly9ja:


The question is not where Boko Haram is at the mo. The question is since 2010 when Mr President said he and his govt know who Boko Haram leaders are, how many people has he arrested? After the Oct1 2010 bomb went off, Mr President specifically said it wasn't the work of MEND. This was despite the fact that MEND had claimed responsibility. Now for Mr President to come on National TV and say its not MEND implies that he had intel on who did it. I ask again, who has been arrested and prosecuted for Oct 1 act of terrorism?

1) People are asking why GEJ is slow to react. Becuase this guy + his PDP mates are playing chess with the Nigerian people. 100% they know what's goin on. They have even exposed themselves from what has been said before if you do analysis.
2) There is no 'Boko Haram' as the group orginally came out. Now their name has just been hijacked. Every single attack its 'boko haram'. No evidence at all. Ask them who 'Boko Haram' is and nobody knows. Who is this spokesman Qaqa? How did he suddenly become spokesman?
3) Use your brain you think Boko Haram is that sophisticated? To bomb UN, coordinate 'selected hits? Ofc there is spies giving them orders on what to hit. High ranking people within or close to the govt. Helping logistics and funding.

lmao

Welldone GEJ Welldone PDP

loooool i think know this chick. Allah ya kara sauki kam

Success depends on implementation of sound policies and improvement in governance and accountability. What I think is that Nigerians intuitively understand why this has to be done but don't believe government can deliver on the promise so they may end up with pain without gain. I don't blame them as the record of govt has been poor.

Thats the fundamental point. Nobody believes GEJ can implement anything sucessfully espicially after N1billion for food. 110% more pain no gain. Sanusi knows this