₦airaland Forum

Obiagelli:
When pmb said we have high criminal tendencies, wailers were jumping up and down.
I think the cbn governor needs to be fired, they are supposed to monitor this activities and report to the security agencies

Saved2Serve:
i think he released it too early... na now the whole country scatter

dre11:
Very very true and all because of some stupid policies. Emefiele is a banker and not an economist.he is also protecting the banking sector because all these racketeering has been their lifestyle.
Buhari is not helping matters and I must admit that the earlier buhari is brushed up to align with global best practices on some vital issues the better for the bleeding nigeria otherwise it will be catastrophic for this country called nigeria.




www.punchng.com/forex-scarcity-banks-in-multi-million-dollar-racketeering/

quotequote:
http://dailypost.ng/2016/02/09/dambazau-begins-probe-of-interior-ministry-from-1999-to-date/

Konpresor012:
http://pulse.ng/local/nigeria-immigration-service-nis-deports-6-british-citizens-id4639121.html

LRNZH:
As far as I'm concerned, we celebrate mediocrity and failure in Nigeria.

OBJ should not be getting airtime in this country. If not for 3rd term ambition, Nigeria would have been way ahead of where we are today.

If not for OBJ's selfishness,
There wouldn't have been the massive electoral rigging of 2007.
There wouldn't have been a sick Yaradua administration.
There wouldnt have been a buffon president in Goodluck Jonathan.
There wouldn't have been the need to bring in Buhari based on his anti-corruption credentials only as a means of last resort.

OBJ is the architect of modern Nigeria. Modern Nigeria is currently a failure and a shame.
That's the truth right there.

dainformant:
This pretty woman identified as Habiba Shaba Ibrahim, has been missing since Saturday. According to reports, her car broke down on her way back home to Kubwa in Abuja -which made her park it at her inlaw's house and decided to take a taxi home but she never got home. The painful part of the story is that she left a 3-year-old child at home and she is 5 months pregnant. Anyone with useful information should contact the authorities.

http://www.nationalhelm.com/2016/02/missing-person-alert-pregnant-woman.html

CastedDude:
Thousands of supporters in Rivers state trooped out in their numbers to receive the Governorship Candidate of the All Progressives Congress, APC, Dr. Dakuku Peterside at the Port Harcourt International Airport.

Source; http://www.nationalhelm.com/2016/01/massive-crowd-gather-at-port-harcourt.html

orobs93:
Story are there no better ways for separation

Treason he committed treason he must be charged with after dealing with kanu we can start discussion again

viviangist2:
President Buhari with Chairman Brookside Diary Farm ,Mr Muhoho Kenyatta, Minister of Trade & Investment ,Mr Okechukwu Enemalah, Minister of Agriculture, Mr Audu Ogbeh and National Security Adviser Babagana Monguno as President Buhari visits Brookside Diary Farm in Nairobi Kenya on 28th Jan 2016.
Report From http://www.viviangist.com/president-buhari-with-chairman-brookside-diary-farm-mr-muhoho-kenyatta

focus7:
Op what is wrong in the tweets you showed us, are all his views about Jonathan not correct or what so paining you about this? I can see your effort to incite people against Tolu because of that clueless buffoon and I must tell you it will not work. I have said it before and I say it again that anybody supporting Jonathan may God run his/her life the way Jonathan ran Nigeria! I wait for you to say amen to that. Hypocrite you claiming that Tolu had no respect for anybody by insulting that commander in chief of corruption, just imagine the phrase you used for the sitting president "bubu", is that a compliment? Considering the many derogatory things your like has said about Buhari here on NL, I can only describe you as pot calling kettle black. Before I conclude, you want respect for Jonathan really? I guess you do not know about the guiding rule of respect which says that respect is earned and not enforced. What has Jonathan done to earn him respect from Nigerians, is it that he aided and abated corruption practices, that he went to occasion dancing when some Nigerian were just bombed by boko haram, the he gave us fake projects that could not stand the test of time like outdated trains that began to slipped of the rail and the so much noise airports rehabilitation that gulped so much billions that is delapitating just less than a year after he was removed or that he made mockery of our electoral system by making 16 to be greater than 19 and also engaging the military to rig states election in favour of his party or that he applauded his tug of a governor for beating up a law court judge or that he went about harassing the opposition and hounding their leaders, is it the fact that he clamp down on the newspapers, distabilised the house rep and River state government or that he allowed boko haram turned to a monster or that he allowed his wife turned to mockery? Jonathan does deserve any respect not from someone like me, Jonathan is poo, I spit on him.

Adminisher:
So you support devaluation. That is very very stupid.
Buhari is not in office because of rich people and traders . He is in office to FORCE CHANGE. NigerIa is the most blessed country on earth. Let us stop importing blindly. Let genuine , creative and resourceful people arise out of this trouble to change the way we do business. Bloomberg does not have more interest in Nigeria than us Nigerians.

TippyTop:
This is from Transparency international.

Nigeria's not included, you can only fool Nigerians.

https://mobile.twitter.com/BBCAfrica/status/692320009826213888?s=09

kennyman2000:
Northerners are the ones who're into BDC. Buhari isnt supposed to stop sales of forex to them based on the fact of northerners caucus things but he STOPPED THE SALES.
with this. I can confidently say, Buhari mean well for Nigeria as a whole.

God bless the federal republic of Nigeria.
God bless president Buhari.


Check my signature for ur customised wristband.

thaoriginator:
Prisoner dey go work? Vanguard mek I see pics abeg or shut down

emamos:
http://www.vanguardngr.com/2016/01/olisa-metuh-resumes-work-hosts-british-lawmakers/.

koboko69:
[size=15pt]Brace for tougher times ahead, Okonjo-Iweala tells Nigerians[/size] -NOV 2014

http://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html



THE AIM OF DIGGING UP THIS ARTICLE:

Pleae note: Madam Okonjor made this assertions in November 2014.

1. This is to remind the Wailing Wailers who keep attacking the current minister of Finance that the ex Finance Minister whom they so much believe in and whom they believe would have been a messiah sounded the alarm of a very tough economy ahead even when oil was still as high as 76usd per barrel. Do I need to remind anyone the price of oil per barrel now?

2. The ex Minister of Finance only saw a need to block revenue leakages when Oil prices started dropping low. Was any action taken after her suggestion? No!!! Rather, despite the dwindling oil prices, CBN became am ATM to allies of the president, where raw Dollars/Naira where withdrawn/tansferred under the guise of phantom projects, bogus subsidy claims, arms procurements. Etc. Now we are suffering of dollar crunch.

Who came on board to block the leakages? The new Sheriff off course, President Buhari.

3. If at $76/per barrel, Madam Okonjor was already ringing bells, why do the Wailing Wailers expect a booming economy from a government which is less than a year in office, and currently selling oil at $28 per barrel? Rather than wailing, they should rather support the government in steps taken to move Nigeria forward.

4. Madam Okonjor needs to explain to Nigerians why Nigeria was not saving for the dry season when oil was sold well above $100 per barrel. What happened to all the revenues generated when oil was booming? We only had booming economy on papers, ordinary Nigerians never felt a booming economy under her watch.

To the Wailing Wailers:

President Buhari have succeeded in blocking a lot of revenue leakages, and is driving seriously for non oil revenue generations as it is evident in the changes made in the Nigeria Customs, FIRS, and the appointment of learned scholar Dr. kayode Fayemi as the minister of Solid minerals.Etc

We have also seen efforts to recover stolen money even though some term it political witch hunting. The almost dead EFCC whose duty was reduced to chasing Internet fraudsters popularly known as Yahoo boys have suddenly rosen up to their responsibilities. Fraudsters like Olisah Metuh, Dansuki and the likes are already feeling the heat.

Efforts to recover stollen money is also a form of blocking revenue leakages.

The fact remains that APC led government can not correct the 16 years rot of PDP in less than a year and it is illogical to blame the current economic woes on the newly elected president. Only the blind will not see President Buhari is really working to make Nigeria great again.

SO FAR SO GOOD, PRESIDENT BUHARI IS PERFORMING ECONOMIC MIRACLES, HE HAS NOT EVEN BORROWED TO PAY ANY SALARIES

God bless the Federal Rubublic of Nigeria

NB: I am a die hard APC supporter with No Apologies!!!!

modath:
Apga people go dance today ehn...



http://theeagleonline.com.ng/breaking-news-supreme-court-sacks-remaining-anambra-senators-announces-replacements/

AtlanticBreeze:
https://twitter.com/MrAyeDee/status/693011514043666432


https://twitter.com/MrAyeDee/status/693013410758275072

Super1Star:
Family of looters.

See them, the eaters of our barn of yams.

ojun50:
Make i see weather he go make noise again

EdCure:
Jan 30th 2016 | LAGOS

MORE than 30 years ago, a young general swept to power in the fifth of Nigeria’s military coups since independence in 1960. The country he inherited was a mess: bled dry by pilfering politicians within and hammered by falling oil prices without. Last year that general, Muhammadu Buhari, became president again—this time in a democratic vote. The problems he has inherited are almost identical. So are many of his responses.
In the eight months since Mr Buhari arrived at Aso Rock, the presidential digs, the homicidal jihadists of Boko Haram have been pushed back into the bush along Nigeria’s borders. The government has cracked down on corruption, which had flourished under the previous president, Goodluck Jonathan, an ineffectual buffoon who let politicians and their cronies fill their pockets with impunity. Lai Mohammed, a minister, reckons that just 55 people stole $6.8 billion from the public purse over seven recent years.

Mr Buhari, who—unusually among Nigeria’s political grandees—is said to have just $150,000 and a couple of hundred cattle to his name, abhors such excess. As military ruler he jailed, fired or forced into retirement thousands of bureaucrats whose fingers had been in the till. This time, the Economic and Financial Crimes Commission (EFCC) has arrested dozens of bigwigs, including a former national security chief accused of diverting $2.2 billion. The EFCC has a poor record of securing convictions; but a single treasury account has been introduced to try to stop civil servants siphoning off cash. And agencies which may not be remitting their fair share to the state are having their books trawled by Kemi Adeosun, the finance minister.
Such measures are doubly important because the economy is swooning along with the oil price. The sticky stuff directly accounts for only 10% of GDP, but for 70% of government revenue and almost all of Nigeria’s foreign earnings.

Oil’s price has fallen by half, to $32 a barrel, in the months since the new government came to power, sending its revenues plummeting. Income for the third quarter of 2015 was almost 30% lower than for the same period the year before, and foreign reserves have dwindled by $9 billion in 18 months. Ordinarily there would be buffers to cushion against such shocks, but Mr Jonathan’s cronies have largely squandered them. Growth was about 3% in 2015, almost half the rate of the year before and barely enough to keep pace with the population. The stockmarket is down by half from its peak in 2014.
Domestic oil producers are feeling the pinch worst. Many borrowed heavily to buy oilfields when crude was worth more than $100 a barrel, and are now struggling to pay the interest on loans, says Kola Karim, the founder of Shoreline Group, a Nigerian conglomerate. This, in turn, threatens to create a banking crisis. About 20% of Nigerian banks’ loans were made to oil and gas producers (along with another 4% to underperforming power companies). Capital cushions are plumper than they were during an earlier banking crisis in 2009; but, even so, bad debts are mounting and banks that are exposed to oil producers may find themselves in trouble. “It wouldn’t surprise me if one or two went down,” says a senior banker in Nigeria.
The government’s response to the crisis has been three-pronged. First, it is trying to stimulate the economy with a mildly expansionary budget. At the same time, it is trying to protect its dwindling hard-currency reserves by blocking imports. Third, it is trying to suppress inflation by keeping the currency, the naira, pegged at 197-199 to the dollar. Only the first of these policies seems likely to work.
The budget, which includes a plan to spend more on badly needed infrastructure, is a step in the right direction. Although government revenues are under pressure from the falling oil price, Mr Buhari hopes to offset that by plugging “leakages” (a polite term for theft) and taxing people and businesses more. That seems reasonable. At 7%, Nigeria’s tax-to-GDP ratio is pitifully low. Every percentage point increase could yield $5 billion of extra cash for the coffers, reckons Kayode Akindele of TIA Capital, an investment firm. Mr Buhari also plans to save some $5 billion-$7 billion a year by ending fuel subsidies—a crucial reform, if he sticks with it. Even so he will be left with a deficit of $15 billion (3% of GDP) that will have to be filled by domestic and foreign borrowing.

Yet his policies on the currency seem likely to stymie that. The central bank has frozen the naira at its current overvalued official rate for almost a year. The various import bans (on everything from soap to ballpoint pens) are supposed to reduce demand for dollars, but have little effect. Businesses that have to import essential supplies to keep their factories running complain that they have been forced into the black market, where the naira currently trades at 300 or more to the dollar. Several local manufacturers have suspended operations. International investors, knowing that the value of their assets could tumble, have slammed on the brakes and some have pulled money out of the country just as their dollars are most needed (see chart).
Nigeria is fortunate in having low levels of public debt (less than 20% of GDP), but it is not helped by high interest rates, which mean that 35% of government revenue goes straight out of the door again to service its borrowings. It would not take much to push it into a debt crisis.

http://www.economist.com/news/middle-east-and-africa/21689584-cheap-oil-causing-currency-crisis-nigeria-banning-imports-no

viviangist:
After Governor Wike's Victory at the supreme Court Abuja , Wike, family, friends and supporters celebrates his victory in a lovely way , on his arrival at his compound , see photos from the party organized by his wife below

Report from http://www.viviangist.com/governor-wike-family-friends-and-supporters-celebrates-his-victory-photos

Cc; lalasticlala , mynd44 , Obinoscopy


[img]http://1.bp..com/-Vn1WC1BhONA/VqlvIVUg39I/AAAAAAAIJWQ/hlOMzZ_wSUU/s1600/1c.png[/img]
https://www.viviangist.com/wp-content/uploads/2016/01/Governor-Wike-family-friends-and-supporters-celebrates-his-victory-Photos-2.png
https://www.viviangist.com/wp-content/uploads/2016/01/Governor-Wike-family-friends-and-supporters-celebrates-his-victory-Photos-3.png
https://www.viviangist.com/wp-content/uploads/2016/01/Governor-Wike-family-friends-and-supporters-celebrates-his-victory-Photos-4.png

mach7:
In my application to the Special Prosecutor of the International Criminal Court (ICC) last week, I requested for investigation into the allegations of crimes against humanity committed by serving and retired military officers and their civilian accomplices. Having diverted over $8 billion earmarked for the procurement of arms and armament for counter insurgency operations I argued that the suspects who aided and abetted the dreaded Boko Haram sect in the barbaric killing of over 25 soldiers and civilians including children and the displacement of 2 million people ought to be prosecuted at the ICC. However, for having the temerity to request the ICC to investigate the crimes against humanity committed by some former public officers who bear full responsibility for the atrocities perpetrated by the terrorist group Dr. Okonjo-Iweala resorted to the scurrilous attack of my person.

Her baseless attack is not unusual as she is always quick to deflect criticisms by accusing anyone seeking to hold her to account for her appalling records in government of ulterior political motives. When Professor Chukwuma Soludo alleged that about N30 trillion could not be accounted for under her watch he was described as “an embittered loser in the Nigerian political space.” When Comrade Adams Oshiomole questioned the illegal withdrawal of $2 billion from the Excess Crude Account, he was accused of havinganimus towards her because she had blocked Edo State from obtaining a loan. Therefore, instead of exchanging vulgar abuse with the former Minister I shall respond to the diversionary allegations which lacerated her response and the attempt to extricate herself from the mass looting of the commonwealth under her watch.

The claim that I am unfamiliar with the mandate of the ICC shows that Mrs. Okonjo-Iweala has not been following the practice of the court and its active and robust approach to its mandates, in particular with regard to the investigation of crimes in Darfur, the warrant of arrest for Joseph Kony (Uganda), and the warrant of arrest for Ahmad Harun, (Sudan). In many decided cases, the ICC has expanded its mandate to humanitarian issues, aimed at forestalling and impeding the perpetration of crimes which cause gross human rights abuse. There is absolutely nothing in the Rome Statute of the ICC to suggest that the court cannot address impunity for enormous financial crimes (and its crippling impact) which took place while Mrs. Okonjo-Iweala was the Finance Minister and the Coordinating Minister of the economy.

Dr. Okonjo-Iweala’s claim that I own the Socio-Economic Rights and Accountability Project (SERAP) is far-fetched and laughable. A simple google search would have shown her that while I am one of the legal advisers of the organization, there are other very distinguished lawyers and academics of international repute on SERAP’s board. Her claim that SERAP is ‘discredit’ is the exact opposite of reckless characterization because it is an organization that has won national and international recognitions—including nomination for the UN civil society award; the Ford Foundation Jubilee Transparency Award; and the Wole Soyinka Anti-Corruption Defender Award.



Dr. Okonjo-Iweala also claimed that my petition against her to the Economic and Financial Crimes Commission (EFCC) “were lacking in credibility”, without any substantiation of what this means or specific rebuttal of the allegations contained in that petition. She has however not denied the accuracy of the claims in my petition. Whereas the former Finance Minister had insisted that only $500 million was recovered from the Abacha loot my petition detailed the recovery of $4 billion. As she could not challenge my claim Dr. Okonjo-Iweala now says that the $500 million was the amount recovered while she was the Minister of Finance under President Obasanjo. In making that claim she did not take cognizance of her recent statement that while she gave out $322 million to Col. Dasuki the sum of $700 million had been set aside for development. From her own account, over $1 billion was recovered from the loot under the Jonathan regime when she was coordinating the economy.

Dr. Okonjo-Iweala should have also provided further explanations as to why a substantial part of the Abacha loot was criminally diverted under her watch, especially in light of her confessional statement that she transferred $322m from the Abacha loot to former National Security Adviser, Sambo Dasuki, to prosecute the war on terror. Apart from the said $322m, Dr. Okonjo-Iweala also released £5.5m to Dasuki. Even on this ground alone, Mrs. Okonjo-Iweala cannot plausibly claim not to have anything to do with the arms procurement scandal. Dr. Okonjo-Iweala’s excuse that the said $322m was released due to the urgency of the crisis in the North-East region is untenable having regard to the fact that former President Jonathan had sought the approval of the National Assembly to take a loan of $1bn to equip the armed forces to fight insurgency. Therefore, her self-induced urgency is not a justification for spending public funds without appropriation.
In the course of my defending several military officers and soldiers who were charged before court-martial for demanding weapons to fight the terrorists I confirmed that the $1 billion loan for arms procurement. I was compelled to request Dr. Okonjo-Iweala for an inventory of the military equipment purchased with the $1 billion loan. The requested inventory was made available to me as the weapons were not purchased.

Dr. Okonjo-Iweala has continued to give the erroneous impression that she rendered selfless service to the nation. But while her colleagues who served as Ministers under President Olusegun Obasanjo were paid their salaries and allowances in the local currency she received hers in dollars despite a judgment of the Court of Appeal which had declared the payment illegal and unconstitutional in the case of Fawehinmi v The President (2007) 14 NWLR (Pt 1054) 275. In order to weep up sentiments Dr. Okonjo-Iweala referred to the unfortunate kidnap of her 84-year mother, two years ago. But it is public knowledge that the lumpen elements involved in the kidnap were arrested by the Lagos State Police Command. From the report of police investigation the kidnappers were palace guards who were inspired by sheer avarice. In fact, they were arrested by the Police following the disagreement over the sharing of the N12 million ransom paid to them for the criminal enterprise.

The most ludicrous of Mrs. Okonjo-Iweala sweeping and jejune allegation is that some “corrupt elements” are using me as a tool. Although the allegation is without factual support it is illogical, to say the least. My request that the disbursement of the Abacha loot be investigated is further buttressed by the fact that the $500m Dr. Okonjo-Iweala claimed was spent on development projects was also not appropriated by the National Assembly, contrary to constitutional provisions. However, I have asked the EFCC to discountenance the 700-page report of the World Bank which has listed some phantom projects executed with the $500 million.

In the Appropriation Act of 2011, the sum of N245 billion was budgeted for fuel subsidy. But at the end of the year, Dr. Okonjo-Iweala had authorized the illegal payment of about N2.5 trillion to a cabal of fuel importers. As usual, she washed off her hands like Pontius Pilate. In order to unearth the monumental fraud I petitioned the EFCC and gave oral testimony before the House of Representatives Committee which separately investigated it. In the same vein, I have just asked the Group Managing Director of Nigerian National Petroleum Corporation under the Freedom of Information Act to provide information on the failure of the NNPC to pay into the Federation Account the sum of $9.7 billion out of the $11.8 billion dividends paid by NLNG from 2004-2014. I have equally demanded information from the NEITI over its claim that the NNPC and some oil companies are indebted to the Federal Government to the tune of $19.1 billion.

Finally, let me make it abundantly clear that my petitions to the anti graft agencies and the Special Prosecutor of the ICC were anchored on law and facts as there is nothing personal in the ongoing battle to end impunity and retrieve the looted wealth of the nation from corrupt elements and institutions. It is my belief that the recovered loot should be channeled towards job creation and infrastructural development. Therefore, all hands should be on deck to ensure that the recovered loot is not criminally diverted by another set of looters

http://www.punchng.com/28294-2/

BurukutuMallam:
Breaking...

Just in..Dankuku vow to challenge the ruling in Sharia court


I am laughing in okirika dialect now














Hooooooohioooioihaaaa
Puaaaaaaaaaaaaaaa

Ishilove:
My brother, I am shocked because everyone knows the whole election was sham. He definitely would have lost if there had been a rerun

BurukutuMallam:
Breaking...

Just in..Dankuku vow to challenge the ruling in Sharia court


I am laughing in okirila dialect now














Hooooooohioooioihaaaa
Puaaaaaaaaaaaaaaa

flokii:
buh you agree d election in Rivers wasn't free & fair

GEJ & his illiterate wife manipulated everything...

Wike was afraid of a re-run cos his victory isn't certain... now see d apex court ruling

too bad

olatade:
Supreme court of fraud. My humble condelance to rivers state people who were massacred by jonathan and dame patience's terrorists to make WIKE gov in rivers state. There was no election but rape of election in rivers state.
Remember Rivers state recorded the highest number of death rate in the just concluded election both gubernatorial and presidential.

Sunnybobo3:
Help thyself.

sameer1212:
Who is the fu*cking judge

sameer1212:
I am fu*cking sad about this fu*cking news