₦airaland Forum

Omenkalives I sight you !!! Dear God what have we done to deserve this government? at this rate am not sure we will make it to 2019 and they want to borrow more, mortgaging our future while they stockpile foreign currency in their houses!!!! Any zombie that quotes me will fall and die!!!!

The Director-General of the Debt Management Office, Dr. Abraham Nwankwo said that the nation’s total debt profile as at December 31, 2016, was $57.39bn (N17.36tn).

He made this known when defending the agency’s 2017 budget before the Senate Committee on Local and Foreign Debts in Abuja on Thursday.

Nwankwo said the amount included domestic and foreign debts owed by the country as at the end of 2016.



While giving a breakdown of the debt profile, he said the external debt profile stood at $11.41bn (N3.48tn), while the domestic debt stock stood at $45.98 billion dollars (N13.88tn).

According to him, the debt stock of N17. 36tn owed by the country included debts of the Federal Government, the 36 states of the federation and the Federal Capital Territory.

Nwankwo also said that the difference was due to the projected debt service payments in respect of new financing that was not fully utilised, as only a few loans became effective during the period.

The DG pointed out that the domestic debt stock of the Federal Government of Nigeria, the 36 states, and the FCT accounted for about 80 percent of the total debt, while their external debt stock accounted for about 20 percent.

He assured that though Nigeria’s debt profile was on the increase, it was not in a precarious economic situation that would warrant seeking for debt relief.

Nwankwo added that in spite of the recession, the economic indices had not portrayed Nigeria as a weak economy to warrant seeking for debt relief.

He said, “Nigeria is not in a position to beg for debt forgiveness.

“In spite of the present state of the economy, the country is still counted as a strong economy among other countries. The economic indicators show that Nigeria has a strong economy.”

He said if borrowing would be genuinely committed to infrastructural development, it would go a long way in the move to develop the economy.

On repayment of the debt, he said the Ministry of Finance was making effort to expand the nation’s tax base.

According to him, this will be done by ensuring that people and companies that are not paying taxes begin to pay to boost the revenue base and reduce the need for borrowing.

He lamented that tax collection in Nigeria had been poor, contributing to reduced revenue generation.

Am sure the couple sang *my helper oh my helper* when they saw the alert, anyways this is a minor case just report to us

Idiot!!!

Change!!! Una well-done!!! God punish Apc!!!!

So how will this call affect the price of garri for market?

The Lizard of ubima and Lion of Rivers nobi mate now ??!!!

Shame on zombies!!!! * spits on them *

Fighting corruption indeed!!!!

http://saharareporters.com/2017/02/10/prosecutor-dumps-justice-ngwuta%E2%80%99s-n500m-fraud-suit-because-agf-malami-scuttled-bigger

The lawyer gave no reason for his decision, but he sat back till when the case was eventually called by the court’s registrar. When the case was called, Mrs. Hajara Yusuf, a counsel from the Office of the Director of Public Prosecutions of the Federation, took over as the leader of the prosecuting team. Informing the judge of the change, she said, “I have been instructed to inform the court that Mr. Charles Adeogun-Phillips, the lead prosecuting counsel, will not longer be appearing in this matter. “given this change, myself and my colleagues will be appearing subject to the reconstitution of the team in due course.” The judge thanked Adeogun-Phillips for his “courtesy” of appearing in person to inform the court of his decision. “He is wished success in his further endeavors,” the judge said.

The defense lead counsel, Chief Kanu Agabi (SAN), described the erstwhile prosecuting counsel as a man he loved and respected so much. Adeogun-Phillips remained seated with the new prosecuting team in the front row till the end of Thursday’s proceedings. He also declined to speak on his withdrawal from the case when asked about it by journalists at the end of the proceedings. The trial was adjourned till February 13, after the defense asked the rest prosecution witness, Mr. Nwamba Chukwuebuka, a few questions.

Chukwuebuka, a building contractor, had in his evidence-in-chief on January 18, narrated to the court how he was paid a total amount of N313m within nine months by Justice Ngwuta for the building of three sets of houses. Chukwuebuka said the houses were built in the Abakaliki and Onicha areas of Ebonyi State, the apex court Justice’s home state.

The charges withdrawn by the Office of the Attorney General of the Federation against Saleh, Muhammed Abdulrahman Sharif and Rilwanu Lawal involved alleged diversion of N2.2bn belonging to the apex court. The three Supreme Court officials were also accused of receiving gratification totaling N74.4m from private contractors who were providing services to the Supreme Court between 2009 and 2016. Adeogun-Phillips was engaged by the Federal Government to also lead the prosecution of the apex court’s officials but was absent when a lawyer from the Federal Ministry of Justice, Mrs. Hajara Yusuf, announced the withdrawal of the charges before a High Court on Tuesday.

A source familiar with the handling of the judges’ and court officials’ cases said, “The Chief Registrar case is the biggest among these cases concerning judges but if you notice they were never arraigned. “The claim that they dropped the charges so that he could be used as a witness in Ngwuta’s trial is just a facade. “The truth is that his evidence is not going to do much in Ngwuta’s case. “Adeogun-Phillips noticed that the government was not ready to prosecute the Chief Registrar and others because all the three are northerners.

“He asked the authorities, ‘why do you prosecute one and leave the other? If we are fighting corruption, let us know we are fighting corruption, if we are not, let us know we are not’. “When he could no longer agree on some issues he had to quit.

“That was why despite the fact that he was the lead prosecuting counsel, the Chief Registrar’s case was withdrawn in his absence on Tuesday.”

But another source also told our correspondent that, “his withdrawal from Ngwuta’s trial on Thursday was an inevitable end because of recent, he disagreed more than he agreed with AGF office.” The spokesperson for the AGF and the National Prosecution Coordinating Committee, Mr. Salihu Isah, could not be reached for his comment on Thursday as repeated calls made to him indicated that his line was not available. Adeogun-Phillips had announced his withdrawal before the case was called by the court’s registrar on Thursday. After adjourning some other cases, Justice Tsoho had asked if both the prosecuting and the defense teams, were ready for the trial of the apex court’s judge. Adeogun-Phillips, in response, rose to tell the judge that he had decided to withdraw from the case.

Prosecutor Dumps Justice Ngwuta’s N500m Fraud Suit Because AGF Malami Scuttled Bigger Corruption Case Against Northerners

Prosecuting counsel, Mr. Charles Adeogun-Phillips, in a surprise move on Thursday, withdrew from the trial of a Justice of the Supreme Court, Justice Sylvester Ngwuta, who is being prosecuted by the Federal Government for money laundering charges involving over N500m. Adeogun-Phillips, a private legal practitioner and a former prosecutor at the International Criminal Court, announced his decision to withdraw from the suit when the case came up for the continuation of trial before Justice John Tsoho of the Federal High Court in Abuja on Thursday.
by Ade Adesomoju, Abuja Feb 10, 2017

Prosecuting counsel, Mr. Charles Adeogun-Phillips, in a surprise move on Thursday, withdrew from the trial of a Justice of the Supreme Court, Justice Sylvester Ngwuta, who is being prosecuted by the Federal Government for money laundering charges involving over N500m. Adeogun-Phillips, a private legal practitioner and a former prosecutor at the International Criminal Court, announced his decision to withdraw from the suit when the case came up for the continuation of trial before Justice John Tsoho of the Federal High Court in Abuja on Thursday.

Sources close to the prosecution team confided in our correspondent that the withdrawal of Adeogun-Phillips from Ngwuta’s trial was “a mixture of protest and factors of the recent cold relationship between him and the Office of the Attorney General of the Federation”. The protest by the lawyer was said to be against Tuesday’s dropping of charges earlier led against the Chief Registrar of the Supreme Court, Mr. Mr. Ahmed Saleh, and two other officials of the apex court.

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Tag: APC Justice Forum
APC Kicks Against Removal Of Petroleum Corporation’s Boss
APC Kicks Against Removal Of Petroleum Corporation’s Boss
apcThe Kaduna State chapter of the opposition All Progressives Congress (APC) in Nigeria has frowned at President Goodluck Jonathan over what it described as the ‘unceremonious removal’ of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu.

Mr Yakubu was unexpectedly shacked on August 1.

The political party, under the umbrella of APC Justice Forum, said it viewed the removal of the former Group Managing Director as the height of betrayal of the people of Kaduna State, especially, the Southern Kaduna Senatorial District that stood firmly behind the Peoples Democratic Party (PDP) since 1999.

‘Party Of Godfatherism’

The Secretary of the Forum, Mr Mohammed Soba, in a statement in Kaduna on Sunday, said the party was aware of a planned rally for President Jonathan which was slated for last Saturday without the involvement of the Vice President Namadi Sambo and the Kaduna State Governor, Mukhtar Yero, noting that the removal of the ex-NNPC boss had further exposed the PDP as a ‘party of godfatherism’.

The statement further read: “The unceremonious removal of Yakubu has exposed the contradictions within the PDP political family in which godfatherism and negative political backstabbing have taken the centre stage against equity, fairness and sense of political decency”.

Mr Sabo, however, stated that no reason was adduced for Yakubu’s removal because none could be justified in view of the fact that Yakubu had one more year for his tenure to expire either by reason of reaching the mandatory 60 years of age or putting in 35 years in service.

He further said that the Kaduna APC chapter’s Justice Forum therefore condemned the premature removal of the son of Kaduna State, Mr Yakubu, which portrays the PDP as unjust and insensitive to the political solidarity and patronage it enjoys from the good people of Southern Kaduna.

http://www.channelstv.com/tag/apc-justice-forum/

I hope to see this hopeless man convicted !!! And the clueless GEJ but we know it will never happen, all natural wash wash!! Pdp = Apc do not be deceived!!

Channels Television
TOP VIDEOS

Tag: APC Justice Forum
APC Kicks Against Removal Of Petroleum Corporation’s Boss
APC Kicks Against Removal Of Petroleum Corporation’s Boss
apcThe Kaduna State chapter of the opposition All Progressives Congress (APC) in Nigeria has frowned at President Goodluck Jonathan over what it described as the ‘unceremonious removal’ of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu.

Mr Yakubu was unexpectedly shacked on August 1.

The political party, under the umbrella of APC Justice Forum, said it viewed the removal of the former Group Managing Director as the height of betrayal of the people of Kaduna State, especially, the Southern Kaduna Senatorial District that stood firmly behind the Peoples Democratic Party (PDP) since 1999.

‘Party Of Godfatherism’

The Secretary of the Forum, Mr Mohammed Soba, in a statement in Kaduna on Sunday, said the party was aware of a planned rally for President Jonathan which was slated for last Saturday without the involvement of the Vice President Namadi Sambo and the Kaduna State Governor, Mukhtar Yero, noting that the removal of the ex-NNPC boss had further exposed the PDP as a ‘party of godfatherism’.

The statement further read: “The unceremonious removal of Yakubu has exposed the contradictions within the PDP political family in which godfatherism and negative political backstabbing have taken the centre stage against equity, fairness and sense of political decency”.

Mr Sabo, however, stated that no reason was adduced for Yakubu’s removal because none could be justified in view of the fact that Yakubu had one more year for his tenure to expire either by reason of reaching the mandatory 60 years of age or putting in 35 years in service.

He further said that the Kaduna APC chapter’s Justice Forum therefore condemned the premature removal of the son of Kaduna State, Mr Yakubu, which portrays the PDP as unjust and insensitive to the political solidarity and patronage it enjoys from the good people of Southern Kaduna.

http://www.channelstv.com/tag/apc-justice-forum/

Channels Television
TOP VIDEOS

Tag: APC Justice Forum
APC Kicks Against Removal Of Petroleum Corporation’s Boss
APC Kicks Against Removal Of Petroleum Corporation’s Boss
apcThe Kaduna State chapter of the opposition All Progressives Congress (APC) in Nigeria has frowned at President Goodluck Jonathan over what it described as the ‘unceremonious removal’ of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu.

Mr Yakubu was unexpectedly shacked on August 1.

The political party, under the umbrella of APC Justice Forum, said it viewed the removal of the former Group Managing Director as the height of betrayal of the people of Kaduna State, especially, the Southern Kaduna Senatorial District that stood firmly behind the Peoples Democratic Party (PDP) since 1999.

‘Party Of Godfatherism’

The Secretary of the Forum, Mr Mohammed Soba, in a statement in Kaduna on Sunday, said the party was aware of a planned rally for President Jonathan which was slated for last Saturday without the involvement of the Vice President Namadi Sambo and the Kaduna State Governor, Mukhtar Yero, noting that the removal of the ex-NNPC boss had further exposed the PDP as a ‘party of godfatherism’.

The statement further read: “The unceremonious removal of Yakubu has exposed the contradictions within the PDP political family in which godfatherism and negative political backstabbing have taken the centre stage against equity, fairness and sense of political decency”.

Mr Sabo, however, stated that no reason was adduced for Yakubu’s removal because none could be justified in view of the fact that Yakubu had one more year for his tenure to expire either by reason of reaching the mandatory 60 years of age or putting in 35 years in service.

He further said that the Kaduna APC chapter’s Justice Forum therefore condemned the premature removal of the son of Kaduna State, Mr Yakubu, which portrays the PDP as unjust and insensitive to the political solidarity and patronage it enjoys from the good people of Southern Kaduna.

http://www.channelstv.com/tag/apc-justice-forum/

This is apc for you!!!

Channels Television
TOP VIDEOS

Tag: APC Justice Forum
APC Kicks Against Removal Of Petroleum Corporation’s Boss
APC Kicks Against Removal Of Petroleum Corporation’s Boss
apcThe Kaduna State chapter of the opposition All Progressives Congress (APC) in Nigeria has frowned at President Goodluck Jonathan over what it described as the ‘unceremonious removal’ of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu.

Mr Yakubu was unexpectedly shacked on August 1.

The political party, under the umbrella of APC Justice Forum, said it viewed the removal of the former Group Managing Director as the height of betrayal of the people of Kaduna State, especially, the Southern Kaduna Senatorial District that stood firmly behind the Peoples Democratic Party (PDP) since 1999.

‘Party Of Godfatherism’

The Secretary of the Forum, Mr Mohammed Soba, in a statement in Kaduna on Sunday, said the party was aware of a planned rally for President Jonathan which was slated for last Saturday without the involvement of the Vice President Namadi Sambo and the Kaduna State Governor, Mukhtar Yero, noting that the removal of the ex-NNPC boss had further exposed the PDP as a ‘party of godfatherism’.

The statement further read: “The unceremonious removal of Yakubu has exposed the contradictions within the PDP political family in which godfatherism and negative political backstabbing have taken the centre stage against equity, fairness and sense of political decency”.

Mr Sabo, however, stated that no reason was adduced for Yakubu’s removal because none could be justified in view of the fact that Yakubu had one more year for his tenure to expire either by reason of reaching the mandatory 60 years of age or putting in 35 years in service.

He further said that the Kaduna APC chapter’s Justice Forum therefore condemned the premature removal of the son of Kaduna State, Mr Yakubu, which portrays the PDP as unjust and insensitive to the political solidarity and patronage it enjoys from the good people of Southern Kaduna.

http://www.channelstv.com/tag/apc-justice-forum/

So the poor man had to be beaten before he gets help? How about helping others like him?

I thought they have been defeated?

God will expose this man soon

Mr tonyebarcanister no make me put you where I put omenka, better take your time!!!

Hehehehe zombies don full this thread hahaahha thunder fire all of you!!! Quote me and die!!!

Beremx:
PDP protest indeed.

The protest must go on with or without Tuface.

Thank God for your life, if only people like you had listened to voice of reasoning before elections we won't be in this mess!! anyway keep on praying for your former comrades, hope to see you at the stadium

nemynely:
My brother, ur language is indecent for this forum. It's reserved for beer parlour banter. Go check up d meaning of idiot & u will get my drift.
Back to d subject matter, my disappointment with dis govt dates back to d day saraki emerged as senate president, with a member of d opposition as deputy! in a majorly APC group! Then ministers took forever to b appointed. Look through d roll call of ministers & point out who is delivering. Is it d sports minister (his flaws are well known-after d spended gaffe, English teachers made sure to correct such murder on d language by teaching d correct version all through dat week), agriculture-who wants to import grass, labour-who asks companies not to retrench staff, yet is unable to get them tax waivers & official rate forex access in return, talk more of making jobs available himself, works,power...remember him? D naija version of trinity, sorry, superman - just want to ask a simple question- how is light in ur area?, health- he does not see anything wrong with his principal seeking medical attention outside his domain, cares nothing about d incessant strikes by medical personnel, finance- full of grammer, bereft of pragmatic solution!, solid minerals- yet can't get his principal to grant autonomy to d states dat hav minerals, provided federal get their due share! I can go on & on
I started off with lambasting ministers cos dey comprise 70% of dis committee to bring down food prices. Bottom line is : they failed before now, & predictably, they will fail. Tell me, if each minister had been performing, we wouldn't have gotten here in the first place!

from your analysis, are they not bunch of idiots?? Oga in this context they fully deserve this name and many more!!! If you are an entrepreneur you will understand what we go through everyday just to stay afloat!!!

Bunch of idiots!! Any zombie that quote's me will die!!!!

Lalasticlala mynd44 help me ask this guy's ooh Modath madridguy sarrki dropshop omenka blackpanda mrvitalis beremx ngeneukwenu

Can anyone answer this?

I stand to be corrected I think the first is katsina United coach!!!

ebujany:
You still systematically refused to acknowledge the fact that GEJ was a disaster. You have already concluded that buhari will rig 2019 election as if PDP /GEJ didn't rig in 2015? But after their rigging, what happened? The people won. Any thing can still happen from now till 2019. If it ends up been positive, then buhari can still win again but if things remain like this or get worst.....trust me no amount of rigging will keep him in power. The voice of the people is the voice of God.....ask GEJ

disaster?? But Nigeria was better off then than what we have now!!! Has disaster gotten a new meaning? Oga you need anti zombie serum!!

ebujany:
The problem with people like you is based on your above statement. You simply has refused to believe GEJ was a failure while people like me/omojuwa stand for the truth. ...GEJ was a fatal corrupt president and that's why we voted him out with the hope that buhari will perform better . so far, buhari has proved to be another clueless president but do we regret voting GEJ out? No. By the end of buharis tenure, we will still vote him out if things does not change for good

most corrupt abi? How come he is yet to be indicted of corruption by the buhari led government ? Not even a single scandal??