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 Politics › Re: FG Approves $403m Loan For 4 APC Governors (lagos, Rivers, Ogun & Osun) by nelsonoba: 6:51pm On Feb 27, 2015 |
datribune:When I say Buhari doesn't know the full meaning of APC, i am not quoting Okupe or anybody. I am telling you what i watched Buhari say. Now Mr Man, i believe you are connected to the internet and you can access Youtube, so get on there now and search for Buhari's interview with Al-Jazeera to hear him call APC "All Progressives CONFIDENCE". You APC people are so clueless that the most qualified person in your party you can present for The Presidency is somebody who doesn't even know the name of your party! Can a human being be more dull than that?? And that was the best among all of you?? God forbid such a dull semi-literate will ever rule over the sensible people in Nigeria. For the records again, there was mass jubilation on the streets after IBB overthrew Buhari, go and ask your parents and they will confirm it to you because it's obvious you have no knowledge of history in this country or you were not yet born when Buhari ruled this country before. Mark my words cos you will understand it on March 29, 2015 when results are announced; BUHARI THE DULL SEMI-LITERATE WHO DOESN'T KNOW THE FULL MEANING OF HIS PARTY APC, CAN NEVER RULE THIS COUNTRY AGAIN!! 1 Like |
| Politics › Re: FG Approves $403m Loan For 4 APC Governors (lagos, Rivers, Ogun & Osun) by nelsonoba: 12:58pm On Feb 27, 2015 |
datribune:No I disagree! GEJ knows that PDP means "People's Democratic Party", but Buhari in his recent Al-Jazeera interview says APC is "All Progressives CONFIDENCE". You can go to Al-Jazeera Youtube channel to watch the interview now and verify if what i'm saying is made up or not. A man who does not know the name of his political party on whose platform he seeks to be President is certainly a clueless illiterate or at best semi-literate. Such a man is dull, lacks finesse and is a stranger to wisdom. GEJ may not have done all i expected him to do, but he has certainly performed far better than past administrations and Buhari is never as nearly as good as GEJ. No wonder it is on record that the Nigerian Economy was in a huge mess in 1985 when IBB toppled Buhari, and when the news of the coup was announced, mass jubilations broke out in the streets across the country. A vote for Buhari is a vote for lies and bondage! 1 Like |
| Politics › Re: FG Approves $403m Loan For 4 APC Governors (lagos, Rivers, Ogun & Osun) by nelsonoba: 10:30am On Feb 27, 2015 |
tolextony:No sir!!! I'm afraid you need to go back to school and ask your English Teacher to tell you the meaning of STUPIDITY. All i can diagnose from you so far based on your antecedents are clear symptoms of STUPIDITY & Laziness to seek right information and update your OLDSKOOL mind that seems to be stuck at 1985, otherwise you should have made efforts to listen to the news over the past 1week and hear the fact that THERE IS NO MISSING $20Billion anywhere as confirmed by the International Auditors PWC! A symptom of STUPIDITY is when a so-called educated person decides to vote in a Presidential candidate who goes on an Al-Jazeera TV interview to say INEC is " Independent NIGERIA Electoral Commission", and APC is "All Progressives CONFIDENCE". A man who doesnt even know the full name of the political party on whose platform he is contesting is certainly clueless and not fit to be even a Local Govt Chairman! Another symptom of Stupidity is when a so-called educated man decides to vote for a Presidential candidate who claims to want to fight corruption but has surrounded himself with Epitomes of corruption like Asiwaju Bola Tinubu and Atiku Abubakar, and is using the proceeds of corruption from them to fund his election campaign. Who is deceiving who!!?? 4 Likes 1 Share |
| Politics › Re: Nightmares On Benin-ore Road Before Goodluck's Tenure; See What GEJ Has Done! by nelsonoba: 2:37pm On Feb 25, 2015 |
medamillion:Buhari killed, jailed and detained hundreds of innocent people during his regime all in the name of clamping down on corruption or detractors of his government. If not that i have a good heart, i would have wished your brother was one of those innocent politicians who were declared innocent of corruption by the courts but were still detained indefinitely on Buhari's orders. If not that i have a good heart, i would have wished your brother was one of those several young men killed by Buhari for an offence they committed that carried 6months imprisonment according to the law, but Buhari quickly made a decree to make those offences punishable by death just so he can have the pleasure of killing them. If not that i have a good heart, i would have wished your father was one of those 200,000 civil servants sacked by Buhari so that he would not have had a means of paying your school fees to be able to give you the education you acquired in school that enabled you to write all these unreasonable anti-GEJ propaganda. But i have a good heart so i wont wish you any of these |
| Politics › Re: Nightmares On Benin-ore Road Before Goodluck's Tenure; See What GEJ Has Done! by nelsonoba: 12:45pm On Feb 25, 2015 |
medamillion:Those are none of my problems DOCTOR! Rather when i see people like you, i see people blinded by unreasonable hatred a.k.a. Enemies of progress of the Nigerian state!! You can see the works of GEJ speaking for themselves, yet you are too blind to notice because of your hatred. GEJ/TAN had to resort to advertising his achievements just to give blinded APC apologists like u an opportunity to to see what most of us had already seen by simply travelling around the country. To show you how wicked and blind you are to the progress of Nigeria, you have decided to vote and bring in Buhari who has no clue about what it takes to manage an economy. No wonder your Buhari claims that if elected he will stabilize the price of oil to secure Nigeria's economy. Who does Buhari think he is? OPEC or what? Even OPEC has not been able to stop the price of oil from falling, and then Buhari wants us to believe one man in Nigeria can do it! No wonder it is on record that Nigeria's economy was in shambles when Buhari was overthrown by IBB in 1985, and no wonder it is on record that there were mass jubilations on the streets when the news came in that he had been overthrown. By then Buhari had sacked over 200,000 civil servants and 30,000 soldiers from the Armed Forces because he claimed the country had no money to keep paying their salaries. Buhari, a man who rather than create jobs/employment but was rather known for mass sacking of workers is the same person you want us to bring back again to rule us at such a critical time when people are thinking of how to create jobs for the many unemployed youths in Nigeria? For trying to give us such a clueless man as Buhari who can only wreck our fragile economy, I put it to you; YOU ARE EITHER BLINDED BY APC PROPAGANDA OR YOU ARE DESPERATELY WICKED BEYOND RECKONING!! |
| Politics › Re: Nightmares On Benin-ore Road Before Goodluck's Tenure; See What GEJ Has Done! by nelsonoba: 12:13pm On Feb 25, 2015 |
Winning123:Yes!! Fixing A LOT OF MAJOR ROADS SIMULTANEOUSLY is a very big achievement. Good roads and good transportation system are some of the major drivers of commerce in the economy. When the roads are good, transportation cost for goods and services are reduced, and that means prices of goods and services can be cheaper than they currently are. If prices of goods and services become cheaper as a result, then the common man can have more money left in his pocket after visiting the market, and that makes him better off. If manufacturers of goods can drive down their cost of doing business by spending less on transportation of raw materials & finished product as a result of improved transport system, then that means such manufacturing companies can have more cash at their disposal for reinvestment and business expansion.......and we both know that when businesses expand, they would have to employ more people, and as such leading to a reduction in unemployment. So to put it in simple terms, fixing a lot of roads is a major achievement in Nigeria and it is one of the indirect ways of reducing unemployment on the long-run! 1 Like |
| Politics › Re: Nightmares On Benin-ore Road Before Goodluck's Tenure; See What GEJ Has Done! by nelsonoba: 11:55am On Feb 25, 2015 |
Larryjay4u:Ore - Shagamu is another phase of the project, and as we speak they have already started work on that section. I used that road last week and as at then the contractor had fixed the road from Ore to some point after Omotosho (that's a distance over 40km from Ore towards Shagamu direction) 1 Like |
| Politics › Re: Nightmares On Benin-ore Road Before Goodluck's Tenure; See What GEJ Has Done! by nelsonoba: 11:42am On Feb 25, 2015 |
medamillion:After going through your thread above, I came up with the resolution of "Yes we will vote for Jonathan!!" No Government anywhere is perfect just as no human being is perfect including you!! When a Government has made far more laudable achievements compared with only a few errors, then that Government should be commended. Even Obasanjo in 8years couldn't fix the number of major roads that Jonathan has succeeded in fixing within just 5years! A lot of roads are being fixed even beyond the Benin - Ore road. Lagos - Ibadan is ongoing, Bida - Mokwa - Jebba is ongoing and a whole lot more that I have seen in the course of my travelling around the country. Even the 2nd Niger Bridge in Onitsha that had seemed like a phanthom project during Obasanjo's administration is now currently under construction. No need to talk about the revived rail transport sector because APC liars/propagandists will claim the new trains are not as beautiful as the ones you find in London and Dubai, but the fact cannot be denied that Jonathan has done something tangible in that sector which past combined administrations from Buhari-IBB-Shonekan-Abacha-Obasanjo couldn't achieve in over 30years of being in Government. Jonathan has single-handedly dismantled the corruption in Fertilizer distribution by coming up with an ingenious system that does not provide any room for corruption. In the civil service, a whole lot of corruption has been systematically removed and that is why you no more hear about ghost workers in the system. You tell us Nigerians are suffering because Jonathan initially increased fuel prices by trying to remove subsidy at the beginning of his administration, but you seem to be blind that almost all other past administrations including the military era had also at some point increased fuel prices.......Obasanjo alone increased fuel prices at least about 3times while he was in Government. Jonathan has been there for 5years and he only increased it once. What exactly is your problem?!! 2 Likes |
| Politics › Re: Military Releases Video Of Terrorists Bombardment (video) by nelsonoba: 6:39pm On Feb 24, 2015 |
acenazt:I don't understand this strange-sounding fellow. What exactly is 'clueless' or religiously sentimental about the OP's statement? Nigeria had a major security challenge that our military was not properly equipped to handle and as a result boko haram was able to seize territory and cause mass destruction of lives & properties, the President was well aware of the equipment challenge facing the military and that was why as far back as early last year the President sent a request to the National Assembly to approve a loan of $1billion for purchasing of the right military hardware needed to win the war. It took the National Assembly about 4 or 5months to approve the president's request, and within that period a lot of Nigerian soldiers had died unnecessarily as a result of the delay in buying the equipment. Even when the loan was finally approved by the National Assembly after a long time it was difficult getting the equipment needed because America and some western nations bluntly refused to sell to Nigeria. Why do you think we had the supposed $15million south African botched arms deal involving a private jet? it was simply because Nigeria was desperate to buy the needed arms for the military in the black market simply because America and other countries had bluntly refused to sell to us. It took the intervention of Russia and a few other Eastern block countries recently for Nigeria to finally secure the recently arrived equipment that has helped boost the Nigerian Army's fight against boko haram. The reason the military is suddenly winning the war is not because of election reasons as APC liars/propagandists will want us to believe. it is simply because the required equipment for which Jonathan asked the National Assembly to approve a purchase loan for since last year have just been delivered to Nigeria within the past few weeks and those equipment are now being used to fight the war. Simply put, if the National Assembly had taken Jonathan's request for $1billion seriously and approved that money immediately, we would have started seeing the positive results we are getting from the military as far back as several months ago, but no! Instead of acting on the President's request immediately, the National Assembly members chose to play politics with it, delaying the approval for many months. So really, i can't make out what you claim is religiously sentimental in the OP being happy that the military is now gaining ground in this war  acenazt:I don't understand this strange-sounding fellow. What exactly is 'clueless' or religiously sentimental about the OP's statement? Nigeria had a major security challenge that our military was not properly equipped to handle and as a result boko haram was able to seize territory and cause mass destruction of lives & properties, the President was well aware of the equipment challenge facing the military and that was why as far back as early last year the President sent a request to the National Assembly to approve a loan of $1billion for purchasing of the right military hardware needed to win the war. It took the National Assembly about 4 or 5months to approve the president's request, and within that period a lot of Nigerian soldiers had died unnecessarily as a result of the delay in buying the equipment. Even when the loan was finally approved by the National Assembly after a long time it was difficult getting the equipment needed because America and some western nations bluntly refused to sell to Nigeria. Why do you think we had the supposed $15million south African botched arms deal involving a private jet? it was simply because Nigeria was desperate to buy the needed arms for the military in the black market simply because America and other countries had bluntly refused to sell to us. It took the intervention of Russia and a few other Eastern block countries recently for Nigeria to finally secure the recently arrived equipment that has helped boost the Nigerian Army's fight against boko haram. The reason the military is suddenly winning the war is not because of election reasons as APC liars/propagandists will want us to believe. it is simply because the required equipment for which Jonathan asked the National Assembly to approve a purchase loan for since last year have just been delivered to Nigeria within the past few weeks and those equipment are now being used to fight the war. Simply put, if the National Assembly had taken Jonathan's request for $1billion seriously and approved that money immediately, we would have started seeing the positive results we are getting from the military as far back as several months ago, but no! Instead of acting on the President's request immediately, the National Assembly members chose to play politics with it, delaying the approval for many months. So really, i can't make out what you claim is religiously sentimental in the OP being happy that the military is now gaining ground in this war |
| Politics › Re: NNPC Audit Report: Apologise To Jonathan, Group Urges Sanusi, Others by nelsonoba(op): 8:39pm On Feb 17, 2015 |
omonnakoda:***smh*** APC virus has already corrupted this one's Thinking Faculty.......making a file recovery might be a difficult task. I don't argue too much with APC blind apologists these days, because i've seen that a few of them later grow to have sense, but many of them usually refuse to have any sense. A good number of them are fond of removing their common sense and locking it up in an armoured safe before engaging in an argument, and then when the argument is over, they unlock the safe and put back their common sense in their brain. No wonder their main hobbies are violence, soaking the streets with blood of dogs & baboons and burning of billboards!! |
| Politics › Re: NNPC Audit Report: Apologise To Jonathan, Group Urges Sanusi, Others by nelsonoba(op): 4:46pm On Feb 17, 2015 |
omonnakoda:Did you find out why they were fined? or is it just because you typed in something on google and you saw "pwc fined", then you say they have integrity issues? Tell me what companies including banks dont get fined, especially in America and Europe? Even in Nigeria, banks still get fined, yet you trust them well enough to keep all your money with them! You are just looking for a way to discredit the report by all means. and that is why in your mind, you will rather believe Mallam Sanusi who came to make accusations without even being sure of the facts than believe PWC who have been known over the years internationally to carry out audits with integrity. If Sanusi knew what he was talking about, then why did he come out initially to say $49billion was missing, and then changed his mouth to $20billion, and then again changed the accusation to $10billion? If you were a Judge in a court of law, and a prosecutor changes his testimony against the accused three different times on the same case, tell me; would you still rule in favour of that prosecution?? Pls just use your common sense and stop being unnecessarily sentimental on this issue |
| Politics › Re: NNPC Audit Report: Apologise To Jonathan, Group Urges Sanusi, Others by nelsonoba(op): 4:35pm On Feb 17, 2015 |
2undexy:......and before you go hating on GEJ, why don't you read through this report with your senses in order, then pick out the fact that Nigeria's total oil sales for the period in question amounted to $69Billion. Now tell me, if out of $69billion oil sales Jonathan or NNPC steals or removes $49billion, will Nigeria not have gone broke since? How possible is it for Jonathan to steal that amount out of the $69billion oil revenue and the government was still able to run as normal? You can believe it when APC and Sanusi tells you $20billoin is missing even though you have never stepped into NNPC to ask questions or verify things, but you cant believe it when PWC an independent international Auditor carries out an audit and says that amount is not missing  **smh** 1 Like 2 Shares |
| Politics › Re: NNPC Audit Report: Apologise To Jonathan, Group Urges Sanusi, Others by nelsonoba(op): 4:22pm On Feb 17, 2015 |
caselessogbuagu:These are the kind of people who have populated the APC ranks and are too blinded by unreasonable sentiments and hatred towards Jonathan that they can never wish for anything good to happen to Nigeria through Jonathan's efforts!! So The confused Mallam Sanusi who is in CBN and does not have clear information on the internal workings of NNPC comes up to make an accusation that $49Billion is missing and you believe him hook, line & sinker, but PWC which is an independent international corporation which has been known for their Integrity over the decades comes in to do a proper audit of the NNPC, coming up with a detailed report to show that money is not missing, but that rather NNPC is owing a balance of $1.48Billion which they should pay up, and you JUST CONCLUDE IT MUST BE A LIE THAT PWC IS TELLING To you, a confused Sanusi that couldn't even later say he is sure that it's $49billion or $20billion or $10billion that is missing is to be trusted more than PWC that has done a detailed audit of NNPC? Now I see why they say that COMMON SENSE is not common! |
| Politics › Re: NNPC Audit Report: Apologise To Jonathan, Group Urges Sanusi, Others by nelsonoba(op): 4:06pm On Feb 17, 2015 |
fanex:.....and Sanusi's information he used to make accusations were based on what? PWC is a well-known International corporation whose survival in business is based on INTEGRITY. How much does Jonathan want to bribe PWC with to make them lose their integrity and eventually incur a scandal that will kill their business internationally? Sir, please don't be offended cos with the way you reason even with glaring facts shown to you, I will like to know what you have in your head......is it a brain or pap or saw-dust?? Please don't be offended cos I'm just asking out of curiosity |
| Politics › NNPC Audit Report: Apologise To Jonathan, Group Urges Sanusi, Others by nelsonoba(op): 12:59am On Feb 17, 2015 |
Following the submission of its audit report on the Nigeria National Petroleum Corporation (NNPC) by PriceWaterhouseCoopers, which indicated that only $1.48b was yet to be remitted to the federation account as against $49b mentioned as missing, a civil society group, Move On Nigeria, has called for public apology from Emir of Kano, Alhaji Muhammed Sanusi II, and the opposition party, APC, which had echoed the wild and controversial allegation.www.thisdaylive.com/articles/nnpc-audit-report-apologise-to-jonathan-alison-madueke-group-urges-sanusi-others/201942/ 15 Likes 4 Shares |
| Politics › Re: Before 1999 Tinubu Had None Of These: by nelsonoba: 10:29pm On Feb 07, 2015 |
chamboy:Maybe it's because of the same reason no court has apprehended and charged Babangida or Obasanjo for any corruption while they were in office. OR Maybe it's also because of the same reason omoniles in Lagos state have not been apprehended and charged by any court for illegally and unconstitutionally extorting money from would-be landlords who have duly paid for their purchased land in full. |
| Politics › Re: Before 1999 Tinubu Had None Of These: by nelsonoba: 9:59pm On Feb 07, 2015 |
chamboy:Maybe "he has not been apprehended by any court for corruption charges" 1) because President Jonathan is not fighting corruption as aggressively as some APC members think he should OR 2) because of the same reason why several Nigerian policemen who keep extorting money from me on the highways each time i have to drive myself travelling (despite having my vehicle papers complete and up to date) have not also been "apprehended by any court for corruption charges" chamboy:Maybe "he has not been apprehended by any court for corruption charges" 1) because President Jonathan is not fighting corruption as aggressively as some APC members think he should OR 2) because of the same reason why several Nigerian policemen who keep extorting money from me on the highways each time i have to drive myself travelling (despite having my vehicle papers complete and up to date) have not also been "apprehended by any court for corruption charges" |
| Politics › Re: Before 1999 Tinubu Had None Of These: by nelsonoba: 5:09pm On Feb 07, 2015 |
chamboy:Hmmmm......... chamboy:Hmmmm......... and these are some of the people shouting "change" and anti-corruption slogans? A public servant assumes a position as an average Nigerian millionaire, and 8years later when he leaves the position, he is stupendously rich and has so much cash at his disposal to buy up everything or company in sight that he wishes to buy, and yet all you can say is "he would still have been as rich if he didnt go into politics"? **Smh** ....and you claim he is sponsoring Buhari to fight corruption? No Sir!! we are wiser than that! PDP Government might be corrupt, but an Asiwaju Bola Ahmed Tinubu affiliated Government would be 10times more corrupt than the current PDP government!! Tinubu only had access to funds coming to just Lagos state and a few APC states, and yet he has acquired this much cash for himself within just a few years of being around government.......imagine what he would do if he lays hands on Federal or National funds? Jonathan is a far less evil than Tinubu! and any Buhari claiming to want to become President of Nigeria so he can fight corruption while still having the likes of Tinubu and Rotimi Amaechi as his political sponsors is either the most deluded and clueless man, or he has something else he is looking for in that seat which he is not telling us about! Please Mr Buhari, don't use stolen funds donated to your campaign by Tinubu to fund your election to power and tell us you want to fight corruption! You cannot fight corruption while you are dining with some of the most corrupt people in Nigeria and your campaign is benefiting from their proceeds of corruption! 3 Likes |
| Politics › Re: Alleged N30tr Missing Under Okonjo-iwela Impossible! - Ribadu. by nelsonoba: 8:50am On Feb 06, 2015 |
olami234lekan:maybe you need to read this post i made earlier again to be sure you are not the one deceiving yourself: I have gone through all information in your link and the data that was released for 2012 disbursements. Let me pick out a few points which you need to acknowledge to know that Nigeria could not have earned the kind of money Soludo is talking about, cos those figures exist only in the confines of his head; 1) Those figures/statistics said the government disbursed a total of N8trillion in 2012, but you seem to forget that 2012 was about the best year Nigeria has ever had in terms of oil revenue since independence. In 2012, the average price of crude oil was around $113 per barrel and there was a period in that year when oil peaked at about $134 pee barrel - compare that to other years when oil was mostly under $100 a barrel and you will see one reason why the government was able to disburse up to N8trillion in 2012. Today, oil is less than $50 per barrel, and it has been less than $100 per barrel for most of Jonathan's administration, so YOU CANNOT CLAIM THAT "YOUR STATISTICS FOR 2012 CAN EASILY BE USED AS A YARDSTICK FOR MEASURING OTHER YEARS". 2012 in which the government earned enough to have been able to disburse N8trillion was just an exceptionally good year for Nigeria, which was not comparable to other years. Why dont you show us statistics for other years to prove that 2012 is comparable? 2) Most of Nigeria's revenue comes from oil, and we can do a little calculation here to have an idea of how much Nigeria could potentially earn from oil: Note: The royalties and taxes combined that the government collects from each barrel of oil produced in Nigeria roughly an average of 40% - 60% (It varies depending on several factors), but let's work with 50% for this calculation Nigeria's average daily output for the past 5years is around 2.5million barrels per day. Let's assume an average oil price of $100 per barrel over the past 5years On a daily basis the government eared 2.5million barrels x $100 x 50% (royalty & taxes from each barrel) = $125million in one month, the amount is $125million x 30days = $3.75billion in one year, the amount is $3.75billion x 12months = $45billion That means in a very good year when oil trades at $100 per barrel and there is not much shortage of production capacity as a result of sabotage or pipeline vandalism, Nigeria would earn about $45billion only from oil, and at the average naira exchange over the past 5years which was about N150 to a dollar before the recent crash, that would have amounted to just about N6.75trillion It is on record that the federal government earns about 85% of its total revenue from oil, so that means we can safely assume that this N6.75trillion represents 85% of the total money earned by the federal government in a very good year when oil price is very high unlike the current situation where it has crashed Going by the above, you can clearly see that in a very good year when oil price is so high such as we had in 2012 where average oil price was about $113 per barrel, Nigeria could barely manage to earn up to N9trillion if other non-oil sectors of the economy also performed so well, but 2012 was just an EXCEPTION because we've not had it so good since then. If going by Soludo's assertion that N8.6trillion (that is $57.3billion based on N150 to a dollar average for last 5years) had been stolen on an annual basis since the past 5years, it means that the money stolen, mismanaged or misappropriated annually is far more than the total amount the government earns from oil on a yearly basis. Maybe now you can see why it's obvious that Soludo's senses have since departed him....and he doesn't know so, cos he still thinks he is normal! 1 Like |
| Politics › Re: Alleged N30tr Missing Under Okonjo-iwela Impossible! - Ribadu. by nelsonoba: 9:33pm On Feb 05, 2015 |
jomoh:I have gone through all information in your link and the data that was released for 2012 disbursements. Let me pick out a few points which you need to acknowledge to know that Nigeria could not have earned the kind of money Soludo is talking about, cos those figures exist only in the confines of his head; 1) Those figures/statistics said the government disbursed a total of N8trillion in 2012, but you seem to forget that 2012 was about the best year Nigeria has ever had in terms of oil revenue since independence. In 2012, the average price of crude oil was around $113 per barrel and there was a period in that year when oil peaked at about $134 pee barrel - compare that to other years when oil was mostly under $100 a barrel and you will see one reason why the government was able to disburse up to N8trillion in 2012. Today, oil is less than $50 per barrel, and it has been less than $100 per barrel for most of Jonathan's administration, so YOU CANNOT CLAIM THAT "YOUR STATISTICS FOR 2012 CAN EASILY BE USED AS A YARDSTICK FOR MEASURING OTHER YEARS". 2012 in which the government earned enough to have been able to disburse N8trillion was just an exceptionally good year for Nigeria, which was not comparable to other years. Why dont you show us statistics for other years to prove that 2012 is comparable? 2) Most of Nigeria's revenue comes from oil, and we can do a little calculation here to have an idea of how much Nigeria could potentially earn from oil: Note: The royalties and taxes combined that the government collects from each barrel of oil produced in Nigeria roughly an average of 40% - 60% (It varies depending on several factors), but let's work with 50% for this calculation Nigeria's average daily output for the past 5years is around 2.5million barrels per day. Let's assume an average oil price of $100 per barrel over the past 5years On a daily basis the government eared 2.5million barrels x $100 x 50% (royalty & taxes from each barrel) = $125million in one month, the amount is $125million x 30days = $3.75billion in one year, the amount is $3.75billion x 12months = $45billion That means in a very good year when oil trades at $100 per barrel and there is not much shortage of production capacity as a result of sabotage or pipeline vandalism, Nigeria would earn about $45billion only from oil, and at the average naira exchange over the past 5years which was about N150 to a dollar before the recent crash, that would have amounted to just about N6.75trillion It is on record that the federal government earns about 85% of its total revenue from oil, so that means we can safely assume that this N6.75trillion represents 85% of the total money earned by the federal government in a very good year when oil price is very high unlike the current situation where it has crashed Going by the above, you can clearly see that in a very good year when oil price is so high such as we had in 2012 where average oil price was about $113 per barrel, Nigeria could barely manage to earn up to N9trillion if other non-oil sectors of the economy also performed so well, but 2012 was just an EXCEPTION because we've not had it so good since then. If going by Soludo's assertion that N8.6trillion (that is $57.3billion based on N150 to a dollar average for last 5years) had been stolen on an annual basis since the past 5years, it means that the money stolen, mismanaged or misappropriated annually is far more than the total amount the government earns from oil on a yearly basis. Maybe now you can see why it's obvious that Soludo's senses have since departed him....and he doesn't know so, cos he still thinks he is normal! |
| Politics › Re: Alleged N30tr Missing Under Okonjo-iwela Impossible! - Ribadu. by nelsonoba: 1:38pm On Feb 05, 2015 |
MadCow1:Dear Madcow, sorry to inform you that the NNPC money in question/dispute is $10billion and not $20billion as still claimed by confused APC propagandists. The confused Mallam Sanusi initially claimed $48.9billion was missing, and then it changed to $20billion, and then again to $10billion, and later on when the same Sanusi was confronted on why the figures kept changing, he said he is not sure how much is missing but he thinks some money is missing or unaccounted for. Now, that $10billion is what PWC has just submitted a forensic report on a few days ago, and you may want to wait for it to be made public so you can satisfy your curiosity. It just goes to show that Madcow is not current/up-to-date, else you would not still be stuck on the old spot of $20billion even when Sanusi the accuser had moved over to $10billion and then to "I dont know exactly how much is missing but i know some money is missing or unaccounted for" |
| Politics › Re: Alleged N30tr Missing Under Okonjo-iwela Impossible! - Ribadu. by nelsonoba: 12:02pm On Feb 05, 2015 |
PStacks:Dear Professor PStacks, With your seeming level of high knowledge, I'm still at a loss as to how you have been unable to understand a simple fact that Nigeria's total earnings + foreign reserves over the past 5years is not up to N38.6trillion!!! At it's peak before it started depreciating, Nigeria's total foreign reserve was just about $69billion ($69billion x N210 per dollar = N14.49trillion) Add that figure to the total of Nigeria's combined annual budgets for the past 5years, which is less than N20trillion, and the full amount the Government has had over the past 5years is still not up to N38.6trillion! Dear Professor PStacks, even if Jonathan was a heartless criminal like you want us to believe, and he Stole, misappropriated or mismanaged EVERY single penny/kobo/Naira that came into Nigeria's purse including all our foreign reserves over the last 5years, and he never paid any salary or executed any single project at all since he became President, the facts still show that the total amount he would have Stolen, misappropriated or mismanaged in the whole of the past 5years CANNOT have been up to N38.6trillion which Soludo is blabbing about! Even the Sanusi you claim knows everything ended up proving himself a confused man......proof: Sanusi first said it was $48.9billion missing from NNPC's remittances, then it later changed to $20billion, and then again to $10billion. Even Sanusi was asked later on and he publicly admitted "he isn't sure how much is missing, but he thinks money is missing or unaccounted for somewhere (I'm sure you will claim not to have watched that on the news when he made that statement, cos your TV only works when Sanusi makes a statement that $49.8billion is missing) 1 Like |
| Politics › Re: Alleged N30tr Missing Under Okonjo-iwela Impossible! - Ribadu. by nelsonoba: 11:28am On Feb 05, 2015 |
MadCow1:Dear Madcow, I will try to explain this to you in plain HUMAN language, and also in a way that any SANE HUMAN or COW can understand; As a country, we have an annual budget that is based on our Receivables, we budget based on money/funds we can have access to. The total money that the Government has earned from which it budgets within the past 5years is not up to N20trillion........go and refresh yourself with this fact from records. Inside this "Less than N20trillion" over the past 5years, the federal government has disbursed money to State and local governments on a monthly basis Inside this "Less than N20trillion" over the past 5years, the federal government has been paying federal government workers' salaries Inside this "Less than N20trillion" over the past 5years, the federal government has carried out capital projects (Including the new trains that APC supporters pretend not to like and claim they are not as beautiful as Dubai & Mexican trains, even though Buhari couldn't even give us a single locomotive while he was in power) Inside this "Less than N20trillion" over the past 5years, the government has funded the approved increases in minimum wage and NYSC allowances Inside this "Less than N20trillion" over the past 5years, the government has been building Almajiri schools all over the North, reconstructing several abandoned federal roads that previous administrations left delapidated and abandoned, etc etc etc. So my Dear Madcow, please tell me again how you or Soludo can claim the Government has Mismanaged, misappropriated or stolen N30trillion and another N8.6trillion from inside this less than N20trillion budget over 5years? Another common sense (which doesn't seem common to some people) should make you know that The Government needs to have had access to at least N38.6trillion over the past 5years of Jonathan's administration before it could ever have the capacity/ability to STEAL, MISMANAGE or MISAPPROPRIATE that amount!! Madcow, you cannot STEAL, MISMANAGE or MISAPPROPRIATE an amount of money you have not had access to in the first instance!!! 2 Likes |
| Politics › Re: Alleged N30tr Missing Under Okonjo-iwela Impossible! - Ribadu. by nelsonoba: 10:40am On Feb 05, 2015 |
PStacks:Even though we know you're an APC member, but that doesn't mean you should throw your common sense into the Atlantic Ocean. Please go and read Ribadu's reasons again! Nigeria's total budget for this year is just over N4trillion, so how will your common sense allow you think it is possible to be stealing N8.6trillion annually from inside an annual budget of N4trillion Nigeria's total annual budgets combined for the 5years that Jonathan has been President is less than N20trillion, so how could Soludo claim N30trillion is missing under Jonathan? Soludo's senses have since departed him! 1 Like |
| Politics › Re: Soludo Identifies Another N8.6trillion Missing Under Okonjo Iweala by nelsonoba: 10:19am On Feb 05, 2015 |
Now I'm beginning to wonder if this is the early stage of madness setting in on this Soludo dejt4u:Now I'm beginning to wonder if this is the early stage of madness setting in on this Soludo! Nigeria's total annual budget has never been up to N8trillion in any year since independence to date. So Mr Soludo & "AU" how can the government be stealing annually, an amount of money that is far more than its total annual budget This year's total budget is just over N4trillion, so how can the government be stealing N8.6trillion from inside N4trillion annually??!! Soludo, your senses have since departed you!! |
| Politics › Re: N20trillion Stole Under Jonathan Regime - Prof Charles Soludo!!! by nelsonoba: 12:56pm On Feb 02, 2015 |
tmotmo:This is why i sometimes wonder what has become of the common sense of some Nigerians who peddle or believe trash stories like this! Nigeria's annual budgets as approved by the National assembly over the last 5years has been an average of about N3.5trillion yearly, the budget for this current year to be passed is just over N4trillion. Now explain to me Mr Soludo or Mr rumour peddler, how could Jonathan have stolen or mismanaged N30trillion in 5years as President when the total budget available for the whole 5-year period is less than N20trillion Simple Maths: if average budget per year is N3.5trillion total budget over 5years = 3.5trillion x 5years = N17.5trillion Now, inside this same N17.5trillion the Federal government has been disbursing money to state and local governments, the Federal government has been paying salaries and contractors inside this same N17.5trillion, the Federal government has been meeting all other obligations inside this same N17.5trillion. PLEASE Mr Soludo or Mr Rumour Peddler, show us how it is still possible to steal N30trillion from inside this same N17.5trillion budget over 5years. 1 Like |
| Christianity Etc › Re: The Spirit World. What's Your Take? by nelsonoba: 7:06pm On Jan 30, 2015 |
macof:macof! macof!! macof!!! So you're here again?! after such a long time you've trailed me here again with your "esoteric-like" teachings and opinions about life? But guess what? I dey laugh........I dey laugh because i know for sure that the day you die and leave this earth, you will CERTAINLY believe 1) there is a God in heaven 2) Jesus Christ is the Son of God and he had come to die for your sins to save you, but you rejected him 3) There is heaven and hell. the above 3things are what i can bet with my life that you will surely believe the moment you die, but what i fear for you is the fact that man only has an opportunity while he is on earth to find the truth about salvation of his soul, and there is no opportunity given again for you when you are out of this life. Another amazing truth is that Unbelievers only exist on earth, because there is no unbeliever in heaven or hell........the moment a person dies and he is in the fire of hell, all arguments about Jesus being the saviour of mankind ceases. You can keep speaking your grammar now even while God is giving you multiple opportunities to come to Him through Christ, but i can guarantee you that all the grammar and argument will cease when you close your eyes here and they open in eternity. 1 Like |
| Politics › Re: Achievments Of The GEJ Led FG In Katsina State [talk Na Do President] by nelsonoba: 5:01pm On Jan 29, 2015 |
kestolove95:Please list Buhari's achievemts in 20months in office. I can help you start the listing from the Job Creation/Employment achievements and you can complete the rest: 1) Sacking of 30thousand members of the Armed forces to save money. 2) Sacking of 200,000 civil servants nationwide to save money for the Government. 3) ............ 4) ............ 5) ............ 6) ............ 7) ............ Pls Note: The above facts can easily be verified if you want to disprove. History and Google are at your finger tips to ask and find out. |
| Christianity Etc › Re: The Spirit World. What's Your Take? by nelsonoba: 12:12pm On Jan 29, 2015 |
cococandy:@ cococandy: I thought by now you should be a master at spirit world communication and travels like Aleister Crowley and his likes. All of those advice from benodic could have helped you achieve that fast. Now very seriously, there are two worlds that exist - the physical world and the invincible world. The invincible/spiritual world is more real than the physical world, and have you ever wondered why physical men seek to make contact with the spiritual world? That's because the physical world is controlled by the invincible/spiritual world, and those who seek to control things in the physical world must know how to contact and obtain the help of the spiritual world to influence things in the physical world. This is why you hear about many politicians who want to influence an election to their favour go to spiritualists to do human/ritual sacrifices to enable them win. When it comes to the spiritual world, it is not just about heaven and hell......Yes, heaven exists and some people go there when they die, and hell exists too and some other people go there when they die. So, your great-grandfather that died many years ago is not some kind of ancestor floating somewhere around us, or living in some "astral plane" as some people will say; He is either in heaven or hell, cos those are the only two places people go when they die. However, the spiritual world around us consists of Angels and demons/evil spirits......these two groups of spiritual beings are those that either God uses to bless/help us, or the devil uses to fight us. There are two gateways into the spiritual world - 1) through the Spirit of God - if you are a christian and born of the spirit with the Holy Spirit living inside of you (In this case you can understand what the bible says that "For we are seated with Christ Jesus in the heavenly places, far above all principalities and powers) 2) through demons/spirit guides - anybody who accesses the spirit world without being a born again christian does so through this means Between these two means/gateways to the spiritual world, one is superior to the other - The born again christian who understands the enormous power in The Name of Jesus will always win any spiritual contest. So, if you are really interested in the spirit world, you have two options before you to get there, but if i were you, i will choose the option of getting there through God's Spirit which is only possible when you understand the death & resurrection of Jesus Christ, and welcome him into your life in order to have access to The Holy Spirit......then your journey begins from there. Note: If you are only interested in lesser powers that can fail you at anytime, will not be able to work for you when resisted by a true christian who commands in The Name of Jesus, and ultimately lead you to Hell at the end of your life, then disregard all i have said above. But if you seek genuine connection to the spiritual world and you want to dominate there and still make it to heaven at the end of your life, then all i've said above is the first step to getting there. 3 Likes |
| Christianity Etc › Re: The Spirit World. What's Your Take? by nelsonoba: 9:53pm On Jan 28, 2015 |
@ cococandy: So have you now found the TRUTH you are searching for? Can you now fly and travel into the world of spirits? |
| Politics › Re: Why This Sudden Romance Between GEJ And Bishop Oyedepo by nelsonoba: 10:02pm On Jan 25, 2015 |
drsteroid:Brief History of APC and hypocrisy Buhari visits Adeboye = It is ok Goodluck visits Oyedepo = They cry foul! Buhari parleys and associates with Pastors Tunde Bakare & Yemi Osinbajo = It is ok Goodluck parleys and associates with Ayo Oritsejafor = They cry foul! Buhari scraps Lagos rail project in the 1980s = It is ok Goodluck revamps the rail sector and buys new trains = They complain the trains are not as beautiful as the ones in Dubai & South Africa! Buhari is sponsored by some of the most corrupt politicians in the likes of Tinubu, Amaechi & Atiku = It is ok Goodluck hired Stella Oduah who did a great job on revamping our airports, but misappropriates N255million on 2 armoured vehicles = They cry foul! Buhari cannot simply tender a certified copy of his secondary school certificate to fulfil his constitutional obligation = It is ok Stella Oduah has secondary school certificate but some people have doubts about her Masters' Degree certificate = They cry She must be sacked because somebody without a verified and authentic certificate cannot be given such a Government position! Allegations are made against Buhari on the missing $2.8billion during under his tenure as head of Petroleum Ministry during Obasanjo's military regime = They sweep it under the carpet Allegations are made against NNPC on some unremitted $10billion to the Federation Account under Goodluck Administration = They cry foul and say no administration had been as corrupt as GEJ's! APC = Deceit & Hypocrisy Buhari promising to create 3million jobs every year and also stabilize global oil price.......how?!!! He must have a magic wand with which he performs such feats! I pity Nigerian youths who cannot read between the lines to decipher that a man who surrounds himself with the most corrupt politicians as his sponsors cannot fight corruption! I pity Nigerian youths who can't easily figure out that a man who claims he will stabilize global oil price is a man who has no clue about how to run an economy! Oil prices are determined by simple demand and supply factors around the world, and not by any country's President! I pity Nigerian youths who can't read between the lines when a man who is accused of not having a certificate cannot simply present a copy of his original certificate to settle the controversy. Obama was accused of not being born in America and he simply tendered his birth certificate to put the case to rest! |
| Politics › Re: 8 Crimes Jonathan Committed Against The Cabal by nelsonoba: 5:02pm On Jan 25, 2015 |
slimfit1:**smh** A typical blind APC follower! Sometimes i wonder why some Nigerians just can't study issues to be properly informed before blindly jumping into any conclusion. Even the confused former CBN Governor Sanusi who started the story of the missing money from NNPC remittances never said $50billion was missing. He started with an initial allegation of $48billion, and then it changed to $20billion, and then again with further reconciliation of accounts it changed to $10billion, after a while, the same Sanusi who had cried that $48billion was missing changed his mouth when answers started coming up and said he thought some money was missing but isn't sure exactly how much (APC apologists never get to remember when Sanusi came out to say this after the FG had produced some clarifications) Now, as for the final $10billion that turned out to be supposedly unaccounted for by NNPC in terms of remittances, and therefore assumed "Missing" by Sanusi, NNPC has come out to say that the money was not missing, but it was money spent as part of their operational costs over a period of time which the constitution says they are empowered to deduct before making remittances to the Government. That was the NNPC explanation to the money that some Nigerians claim is missing. So if you believe somebody stole the $10billion, then it must be somebody in NNPC and not the Federal Government!! And if the constitution empowers NNPC to deduct all operating expenses before remitting revenue to the Federation Account, then why do you say they have stolen money when they deduct their operational costs? Except you want to claim that the money deducted is too much for the service they claim to have incured the cost for, in which case you need to first do an analysis of that "service/operations" to ascertain it's true value and hence determine if there was a wrongful cost inflation that could be termed as stealing or not. Until then, go get yourself some knowledge and stop displaying your gross ignorance and laziness to study before believing any rumour you hear because there is no missing $50billion and even Sanusi never mentioned that amount! 2 Likes |
