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BusinessRe: UBA Publishes Details Of Forex Defaulters by Nauttyprof(m): 6:52am On Sep 25, 2021
cbngov01:
All BANKS are obliged to do this. ALL. BVN and account numbers will be published. Thumbs up to UBA for taking the first step! #boldmove #notofxscam
Don’t mind him. He only displayed his level of ignorance. Rather than get informed all he could think of was to spew rubbish.

You tend to wonder how someone will not think of the fraud done but instead say nonsense about BVN. A thief should be treated as a thief.
BusinessRe: UBA Publishes Details Of Forex Defaulters by Nauttyprof(m): 6:49am On Sep 25, 2021
TarOrfeeek:
UBA is a foolish bank

I thought BVN was a confidential information.

Why are they exposing these customers BVN to fraudsters?

Zenith bank would never do something as childish and thoughtless as this.
Corruption is not confidential. Neither is being a thief or a scammer.

Rather than talk about the fraud perpetrators all you could think of is BVN. Ask CBN if they are wrong. CBN gave them the directive to publish EVERY details of the fraudster on their bank website.

Get informed than spewing rubbish here. Also, I hope you saw that the source of this information is UBA website.
PoliticsRe: Farouk Aliyu: We Sold Our ‘Change’ Agenda To Nigerians Out Of Ignorance by Nauttyprof(m): 2:31pm On Sep 24, 2021
Perfectbeing:
I get you. But sometimes things go out of hand. I had a rich uncle (so I thought). He and his family travels to Dubai for Christmas every year. His children goes to one of the most expensive school in Abuja. It was when he died that we knew he didn't have any savings. When his wife opened the savings they saw only 50k inside.
If you call this man out of the blue that you want 50k, he'll give you 70k. Nobody would believe in any worse case scenario as far as this man was concerned. You'll never think this man have nothing less than 150 million in his account. But las las he saved only 50k with no house. He only had a land that all the people he had helped had to raise money to build a house for his family..

Now tell me, would you assume any worse case scenario here?
When it comes to planning, worse case scenario is ALWAYS applicable. You don't plan assuming everything goes fine. You plan with what if this happens (worst case) what do I do?

In this example you gave, it is a different ball game entirely as it has nothing to do with planning and not related to the issue at hand.

No one goes into a project and say, I will do this with N5,000 based on all available information. He must also look at worse case and set aside more amount. This is why there is something called contingency.

APC never had a plan for the country. They only had a plan to take over power from PDP.
PoliticsRe: Nigeria’s Economy Booming Because People Went Back To Farm: Buhari by Nauttyprof(m): 11:27am On Sep 24, 2021
This is just annoying.

You claim you shut borders so Nigerians can eat what we grow, yet, it is the herdsmen and their cattles that eat what we grow. Nigerians only compete for what's left at a high cost.
EducationRe: Where Did This Mathematics Go Wrong? by Nauttyprof(m): 11:01am On Sep 24, 2021
Unleemeeted:
I feel the problem started from that factorisation part below the division.. when u factorised, u did not check both side properly and something is still common to both side...

U wrote 10(10-10) instead of 100(1-1)...

I don't know maybe u get the angle I am coming from shockedshocked...
See below

10 x 10 - 10 x 10
= 10 (10 - 10)

Just the way you have 2X - 4
= 2 x X - 2 x 2
= 2 (X - 2)
PoliticsRe: Farouk Aliyu: We Sold Our ‘Change’ Agenda To Nigerians Out Of Ignorance by Nauttyprof(m): 10:03am On Sep 24, 2021
This is a sick excuse.

In Engineering, you always work based on worse case scenario if at all you don't have an idea of the situation of things or not privy to certain information.

It means APC never had any concrete plan on how to create the change they sold to Nigerians
EducationRe: Where Did This Mathematics Go Wrong? by Nauttyprof(m): 8:58am On Sep 24, 2021
gr8cany:
0/0 can never equal 2
0/0 could be any number.

Let's do a reverse calculation.

0/0 = 2

0 = 2 x 0

0 = 0

grin grin grin grin
PoliticsRe: Femi Adesina: President Buhari Has Shown Mercy To Fani-Kayode by Nauttyprof(m): 6:47am On Sep 24, 2021
When the Northern Elders Forum said all sorts against the President, this man and his accomplice in lies, Garba Shehu never said anything against them. When it comes to the south or any southern statement against the President, they are quick to reply.

Now, this man has nothing to say again but to twist the issue with FFK as praises for his Boss. One day this will end and I don't know what will become of him when he leaves this position.
NYSCRe: Deeper Life Church Member Shares Photo Of Corps Member Wearing Khaki Skirt by Nauttyprof(m): 6:42pm On Sep 23, 2021
Flexherbal:
Give to caesar what is Caesar's and to God what belongs to God.
Get it right the scriptures referred to tax and not anything else.

This response from me doesn't suggest that I am in support of the khaki skirt. It doesn't make sense.
CrimeRe: Autopsy Result Of Faith Aigbe Found Dead In Iguodala Ogieriakhi's Car by Nauttyprof(m): 2:32pm On Sep 23, 2021
daddytime:
I know what it is, sir....

The question is, why did he abandon her corpse in his car and fled?
This should be the focus and not the result. The result alone absolves him of any issues
CrimeRe: Autopsy Result Of Faith Aigbe Found Dead In Iguodala Ogieriakhi's Car by Nauttyprof(m): 11:46am On Sep 23, 2021
daddytime:
This result still doesn't exonerate him from any culpability, in my opinion.
Ectopic pregnancy? You should read about it first before concluding.
TravelRe: Heavy Downpour Destroys Owerri-Onitsha Federal Highway : Pics & Video by Nauttyprof(m): 12:26pm On Sep 21, 2021
The problem in most road construction project isn't the Highway Engineer who constructed the road but failure of the government or professional bodies to understand that there is the need for synergy between professions when it comes to road and building construction.

A Geotechnical Engineering or Geologist should be included in any road or building projects in order to avoid issues as this.
PoliticsRe: Ikpeazu's Office Spends ₦2.2 Billion On Welfare, ₦1.4bn On Vehicles In A Year by Nauttyprof(m): 7:55am On Sep 21, 2021
contigiency:
The answer to your questions is capital yes. The governors and the local government chairmen constitute 80% of those problems.
This is laughable. We shouldn't have a president again and all powers given to the president should return to the governors.

You know insincerity once you see a response as yours.
PoliticsRe: Edwin Clark Writes Buhari, Rejects Proposed Naval Base Project In Kano by Nauttyprof(m):
What does Edwin Clark know? Baba is being futuristic as he knows technological advancement will make warship moves over dry lands or deserts with ease.

Baba is being scientific in his approach for Naval Base in Kano. grin grin grin grin
PoliticsRe: Ikpeazu's Office Spends ₦2.2 Billion On Welfare, ₦1.4bn On Vehicles In A Year by Nauttyprof(m): 6:22am On Sep 21, 2021
111sunshine:
Nigeria will improve when citizens focus more on their governors than always blaming the president.
Your comment shows insincerity. Are the governors the cause of insecurity in Nigeria or the president not fulfilling his duties? Are the governors the cause of high exchange rate or increase in price of foodstuffs? Are the governors the cause of marginalisation where only the Northerners are seen as been qualified for major positions in the country? Are the governors the cause of herdsmen being important than the farmers who produce the foods we eat? The health and education sector (most especially our Federal higher institutions) are nothing to boast of again, are these the fault of the governors or the president who prefers to save his health with the Country's resources but fail to use same resources for the health of the masses? Nigeria will improve when we focus more on the President and blame him for not fulfilling his constitutional duties while we also blame the governors when they are not performing?
PoliticsRe: Pictures Of President Buhari In Secondary School by Nauttyprof(m): 7:23pm On Sep 20, 2021
Thetruthalways:
It is done because useless and stupid people believed PMB never wrote WAEC
How does this solve all the problems coming from Buhari being our president?

OR does his WAEC certificate prove that we will be out of this insecurity or the high exchange rate or should I mention high cost of foodstuff? Is it the WAEC certificate signed 2015 that will solve these problems?

Only sick minds will dwell on this certificate and publicise this when we have so many problems this present government is yet to solve
PoliticsRe: Pictures Of President Buhari In Secondary School by Nauttyprof(m): 6:36pm On Sep 20, 2021
osbubud:
You guys shud stop all these. We need results. This is 2021. Look at how far other countries have gone. We are here publishing unnecessary throwbacks ad though it's going change our present or future.
My brother, I thought I was the only one seeing things differently. The country is in a mess and everyone is complaining, all they could think of is proving that the president went to secondary school. As if this is our problem or this will solve the many problems facing Nigeria.

It's so sad we are in the state we are today.
FoodRe: High Cost Of Living : See The African Pear I Bought For #400 by Nauttyprof(m): 7:17pm On Sep 18, 2021
Xscape1993:
Just relax because your president and his evil party will be leaving soon.
2023 is still far o. That's still like roughly 20 months away.
CelebritiesRe: Ehi Ogbebor Driver Dies: 'Hospital Knew You Wouldn’t Make It, Made Us Spend 10M' by Nauttyprof(m): 11:24am On Sep 18, 2021
ThreeEyedRaven:
Some of the hospitals are just Evil
It's wrong to conclude this way. A Doctor will still try all his best to save a life rather than just watch him die without doing anything. Let's even forget the profession, as a human with someone so precious to you, won't you do your best in saving that person than watching the person die without making efforts?

On another note, if the Doctor didn't try his best to save this man, the story will be different again. They will begin to say all sort about this person. There is nothing one will do that they won't talk.

RIP to the dead. Your boss misses you and Cherish everything you did while being alive
EducationRe: UNN Student Offers Lecturer Weed In Class (Video) by Nauttyprof(m): 2:42am On Sep 16, 2021
The weed isn't my concern but the lecture at the stadium.

Why will the University not provide enough lecture rooms for students? It's really not okay except if there is another explanation for this.
PoliticsRe: Rep Proposes Bill For Compulsory Drug Tests On Politicians, Security Agents by Nauttyprof(m): 8:55am On Sep 14, 2021
This is sick. I expected them to propose health fitness check for all politicians before assuming any position and with a clause that whoever is not fit health wise will be disqualified.

This will checkmate all those who intend using our National resources for personal benefit. It will prevent wasteful spending and also help save our resources to benefit the masses or for developmental projects.
EducationPresidential Visitation Indicts UNILAG VC, Ogundipe, Mgt by Nauttyprof(op): 8:11am On Sep 14, 2021
*Exonerates Babalakin of wrongdoing in vice chancellor’s removal

*Says Ogundipe was given fair hearing before sack by former council

*University accounting system abysmally poor, fraudulent, report reveals

The visitation panel set up by Visitor to the University of Lagos (UNILAG), President Muhammed Buhari, following a fierce disagreement between the then Governing Council of the institution and the management finally submitted its report on September 7 to the Federal Government, with an indictment of the Vice Chancellor (VC), Professor Oluwatoyin Ogundipe.

Although yet to be officially released, THISDAY was able to obtain a copy of the 241-page report from the Federal Ministry of Education. The report examined the affairs of the university and issues that led to the crisis and concluded that all the allegations made by the then Dr. Wale Babalakin-led Governing Council against Ogundipe were substantiated by the panel, contrary to the position held by the special panel, which was set up then after the removal of the VC.

Constituted on March 29, 2021, the seven-member Presidential Visitation Panel was asked to look into the affairs of the institution between 2016 and 2020, which incidentally fell within the period that the Babalakin-led Governing Council removed Ogundipe as VC, over alleged financial malpractices.

The VC was alleged to have misappropriated the university’s funds.

Babalakin had explained then regarding Ogundipe’s removal, “We agreed to have a secret ballot that we have always had when there are contentious issues. The votes were counted, they were not just votes, everybody wrote their own comments and I read it out to everybody.”

But few months after the removal of the VC, Buhari approved the report of a Special Panel to the university, which had then recommended, among other things, the reinstatement of Ogundipe and also dissolved the Governing Council headed by Babalakin, who had earlier resigned his chairmanship. Following the special panel’s report, Ogundipe was reinstated to his position, which he currently occupies.

However, the visitation panel, in its final report, revealed that Ogundipe could not provide any defence for his actions. It alleged that the UNILAG VC was involved in splitting of contracts.

According to the panel, “The explanations given were mere justifications to the breached contract tender processes that resulted in contract splitting, not out of ignorance of the requirements of the rules and regulations that have been substantively enacted.”

The report highlighted many contracts that were illegally awarded by the Ogundipe-led management. It alleged that in violation of the Procurement Act, the management of UNILAG under Ogundipe regularly diverted, by way of Virement, the sum of N1.800 billion from the university’s recurrent expenditure to fund award of contracts, which were clearly illegal.

The visitation panel stated, “The university operates a structured budget processing system. The budget process seems complete except that a bulk allocation of funds was made to each department, and they are each at liberty to allocate amount available as they deem fit. This is totally inconsistent with the structured process and needs to be revisited.

“The format of the periodic budget performance report presented to the Governing Council has major deficiencies. It lacks the critical aspect of good management information, performance review criteria and presentation. There is no section for the statement of financial positions that could have disclosed the fixed asset and all financial assets and liabilities of the university.

“It is half-baked reporting template used over the years for the quarterly financial reporting, however, it might not have been intentionally generated with the view towards hiding useful financial information from the Governing Council and the management of the university.

“We also noticed some inconsistency between the figures of the approved budget and that of the budget performance report. It points to the fact that subordinates are not being supervised as required. With a staff strength of 120, such errors should not be continuous and mistakes are not expected from the Bursary Department.

“The budget performance reports concentrated on the monetary aspect of operations and also failed to determine the variance between the budget and the actual performance of each critical areas of the university, which include direct teaching, research and human resource development.”

According to the panel findings, even the monthly donation of N500,000 to the Law Faculty by Babalakin for the purchase of law reports was diverted by the university management or the Faculty of Law by paying the sum into an unofficial account. This enabled the indicted officers to spend the money in a manner not authorised by the donor, it stated.

The visitation panel came to the conclusion that the Bursary of the University was characterised by concealment, fraud, misappropriation, misrepresentation, and incompetence.

Furthermore, the report revealed that the management under Ogundipe concealed the accounts of the university for over three years from the Governing Council, which under Section 7 of the University of Lagos Act, was statutorily conferred with the power of superintendence of the accounts of the university.

It said it was the insistence of the Governing Council to know the accounts of the university that led to the commissioning of the Professor Omolehinwa Committee, which unravelled the true state of affairs of the university.

The decision arose from the findings of the Chairman of Council that the budget estimates submitted to the National Assembly and the one presented to the Finance and General-Purpose Committee was at variance and irreconcilable,” it stated.

The report also revealed that there were 29 income-generating units in the university, but for several years only 10 of these companies were reported in the books of UNILAG. The others were concealed and whatever these companies generated were not accounted for.

The panel also found that the books of the university were so poorly prepared and full of non-disclosures that it did not represent the true state of affairs of the university.

The panel report revealed that the bursar was not able to produce the ledger of the university for the entire duration of the panel sitting, even though they had requested same from the bursar at several times.

Similarly, the bursar was not even able to produce an approved budget for 2020, implying that all the expenditure made for the said 2020 were extra-budgetary payments.

In addition, the visitation panel said, “The Bursar was found to be very incompetent and did not demonstrate any capacity to handle the portfolio. The Vice Chancellor and the Bursar regularly diverted money of the university as shown in the consistent diversion of about N1.8 billion from recurrent expenditure to capital expenditure without approval.

“Virements of a total sum of N1, 858,458,137 were consistently made from recurrent votes to finance capital projects during the period under review. This is a major breach in budgetary control and has been consistent year to year.

“The practice is totally out of place in the budgetary system of financing operations, it results in killing activities that could have qualitative benefits in favour of capital projects that were not initially budgeted and consequently culminating in the sinking of scarce resources over a long period of time with low financial returns.”

The visitation panel in their findings noted that management did not play its conventional role of scrutinising the operation of the accounts of the university, alleging that the internal audit only functioned at the will of Ogundipe.

It said, “The internal audit section exists in the University of Lagos but does not seem to be functionally effective. There are summary reports on findings of the Internal Audit Department for the years 2016 to 2020 addressed to the Vice-Chancellor. The reports covered almost every section of the university.

“Based on our review of the External Auditors’ Management reports and our direct interactions with the Head of the Internal Audit: the internal audit does not cover final accounts; implementation of the internal audit recommendations is at the discretion of the Vice Chancellor; purview is limited to post transaction audit work on procurement, payment and payroll.

“Corrections are unilaterally done by internal audit without reverting to the originating unit; internal audit report to the Provost of the College of Medicine and Vice-Chancellor; there is no proof that the Audit Department has access to accounting software; and no evidence of existence of audit plan for year 2016.”

The visitation panel also found the internal auditors of the company incompetent.

The Babalakin-led council had appointed a seasoned accountant, Olutola Senbore and Co., to examine the books of the university. The Governing Council adopted the Senbore report but the university’s management refrained from utilising the report.

In this regard, the visitation panel advised that an international accounting firm should be appointed to straighten-out the books of the university.

The panel exonerated the Babalakin-led Governing Council of wrong doing in the removal of Ogundipe, and stated that the Council of the University properly indicted the VC and the principles of fair hearing were adhered to during his indictment.

The visitation panel also found that the removal of Ogundipe by the then council was consistent with the University Act, stating that the interpretation placed on the statutes by Babalakin is plausible. Even the management led by Ogundpe was aware that the interpretation was convincing and sought an amendment of the law, the panel noted.

It added, “The current wording of S3(cool seems to suggest that it is Council that determines or could determine the identity of the two senate members of the Joint Committee of Council and Senate. There is arguably an imprecision of language which does not augur well for good governance.”

The visitation panel further stated that it did not know the rationale for the conclusion of the Federal Ministry of Education that the appointment of an acting Vice Chancellor by the Babalakin-led Council was wrong.

The panel said it was at a loss as to how anyone could have come to the conclusion that Ogundipe was not given fair hearing or that the Babalakin-led Council breached any provisions of the law.

In the words of the panel, “This panel has not seen the report of the previous panel and, therefore, does not know the basis for the conclusion that ‘the process adopted by the Council in the appointment of Professor Omololu Soyombo as Acting Vice Chancellor of the university was inconsistent with the provisions of law relating to the appointment of the Acting Vice- Chancellor.”


Source: https://www.thisdaylive.com/index.php/2021/09/13/presidential-visitation-indicts-unilag-vc-ogundipe-mgt/
PoliticsRe: NNPC Refineries Generate Zero Revenue, Pay Workers ₦69 Billion by Nauttyprof(m): 1:27pm On Sep 12, 2021
Femi Adeshina won't include this as part of his report and praise for his Oga
PoliticsRe: EndSARS: Sentinel Forensic Refutes Sensational Reports On Lekki Shooting Finding by Nauttyprof(m):
FreeStuffsNG:
If this is true,I truly sympathise with Sentinel .
I will advise Sentinel to seek restitution from the courts to claim damages from whoever is out to destroy their brand because of web traffic and politics of hate. These fake news purveyors want to keep breaking the law and destroying others and want to keep getting away with it. They don't mind if they set the nation on fire for web traffic and ad revenue.

This is one of the reasons FG is right for suspending Twitter and requesting that they register here in Nigeria.

Those peddling fake news are not ghosts. They can be traced and exposed. Sentinel should get them to come and face the justice system. Thank God the whole presentation is live and recorded. The fake news crew will prove how Sentinel was responsible for the fake news they are circulating online.
All the enemies of Nigeria will lose las las. They always lose. God bless Nigeria.
With the analysis put forward by Sentinel, it still does not go against what other reports said.

What Sentinel is only trying to clarify is that judgement can only be given by the court on the Nigerian Army being guilty or not and that it will be wrong for reporters to draw conclusion based on their report when Court has not given judgment.

So, please don't bring in the usual twitter sentiment as if we as Nigerians are not entitled to freedom of speech. Please, don't bring fake news to this as it does not relate to this matter.
CrimeRe: Passengers Strangle Lagos Doctor-Turned Uber Driver, Steal Car by Nauttyprof(m):
The criminals are all young. It's so sad with the rate the youths are desperate to make money by all means. It's really sad how someone who is lazy desires to build big houses and drive expensive cars. You tend to wonder what went wrong with the youths of this day. They just don't mind to go to any length to make money.

Money isn't everything.
TV/MoviesRe: BBNaija: Tega Finally Meet Her Husband, Shares Kisses And Hugs (Video) by Nauttyprof(m): 7:55am On Sep 08, 2021
punisha:
I actually know a man who sends his wife out to fvck men so they have food at their table...

Who knows, we could all be here vexing not knowing that this is one of those cases they r in an open marriage and fvck whomever they like.
You could be right as I don't see why he should have allowed her to go for the show in the first instance. Of all shows, BBNaija isn't one to send a married woman to. Also, he claims his wife isn't the type of person who should have done that and that he instead was a cheat in the marriage, why will a decent wife go for this show in the first place? There is more to it and I think you could be right in your analogy.

Ensuring you wife explore her talent, get the money or grow is not done through a show we all know is full of immoralities. It should have been done through other means.
PropertiesRe: Is It A Bad Practice To Fill The Holes In Foundation Block-Works With Laterite? by Nauttyprof(m): 7:31pm On Sep 04, 2021
AvalonSpace:
There's nothing wrong with blocking the holes with laterite. After all, the German floor is always cast on a compacted laterite. Some people block the holes with pieces of blocks just to avoid wastage of materials.
There is a great wrong in this. You are giving these block high moisture content as the block will now be faced with external moisture content from surrounding soil and internal capillary rise in moisture as a result of the laterite used in filling the blocks. This is a high risk for the block and its strength.
PoliticsRe: Man Who Went To Buy Food For Sick Mum And Was Tagged ESN Is Released- Pics by Nauttyprof(m): 12:02pm On Sep 04, 2021
They should sue the Nigerian police force and at the same time sue the officers in charge for false allegations. It is their opportunity to make money out of the situation.
NYSCRe: Corper Gives Birth In Bayelsa NYSC Orientation Camp (Photo) by Nauttyprof(m): 11:44am On Sep 04, 2021
StrongInBed:
Is she married or the baby a product of camp immoral act.
You have just exposed your ignorance to everyone.

I really don't know where to start from either to explain to you the duration of orientation camp or how long it takes for a mother from conception to delivery.
PropertiesRe: Is It A Bad Practice To Fill The Holes In Foundation Block-Works With Laterite? by Nauttyprof(m): 10:13am On Sep 04, 2021
9niceguy:
I am into Electrical and Electronic Engineering.
But based on my site experience, I think it's good to fill the holes too. It will only make the foundation blocks more stronger
But not with laterite.
PropertiesRe: Is It A Bad Practice To Fill The Holes In Foundation Block-Works With Laterite? by Nauttyprof(m): 10:13am On Sep 04, 2021
Rexnegro:
It's not bad , I believe it makes the foundation even stronger
No Sir, it is bad. It will aid capillary rise in water or moisture and also weaken the block in the long run. Mass concrete is preferable to fill the block holes in foundation.
PoliticsRe: Ngige: We Did Everything Possible To Stop Doctors’ Strike by Nauttyprof(m): 7:10am On Sep 04, 2021
butterfly777:
When your northern onion sellers went on "strike", you even paid them billions of naira for them to resume their business, even when the southerners told them to keep their unwanted onions to themselves.

Now doctors are on strike, but what we see is lip service.

Don't worry. We know where your interest lies. We will go our separate ways and your eyes will clear.
They prefer saving onions than saving lives. Sick government.

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