Obailala's Posts
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EasternActivist:Even if our refineries were working, the only way petrol can be sold for N80 is if the govt subsidises it; or if our economy picks up so well that $1 becomes less than N100. At $80/barrel, petrol should sell for about N150. If the govt then decides to just peg the price at N80, that already means a foregone ~N70 per litre which the govt would have made if it had just sold the crude at $80. You really do think you're smarter than Oby? |
Onyenazumu87:What makes her a mad woman? speaking the truth? |
Hahaha... This one is worse than Uncle London ![]() |
Ceryificate or attestation of result, whatever it is, but those who are asking a recent picture of Buhari is on a recently issued document must be really dull. |
Joevics:When I see comments comments like this, I can't help but login and drop a response because it's clear a lot of people have no clue what is going on. First of all, there's a difference between ESTABLISHING universities and BUILDING universities. If as a president, I give an executive order to convert Petroleum Training Institute (PTI) Effurun to Federal University of Petroleum Effurun, or I give an executive order to convert Alvan Ikoku College of Education to Alvan Ikoku University of Education, in both cases, I can be said to have ESTABLISHED 2 new universities; I wouldn't really think 'BUILDING' is the right word. Just the same way if Buhari converts Maritime Institute Oron to Maritime University Oron, would you really calll that 'building' new universities?... One or two of the 12 unis are brand new though. About the East West road, did you just say GEJ buikt it from Delta to Akwa Ibom?... As at 2007, that road had been constructed from Warri up to Ughelli. That last time I passed that route was in 2014 and the only progress I saw was up from Ughelli to Evwreni both in Delta state (anyone who knows that road knows the lenght between Ughelli and Evwreni). Except youre saying massive progress was achieved on that road between 2014 June and 2015, then you either dont know the road you're talking about or youre just being mischievous. |
hush15:Lol... You're more short sighted than i thought you were, and this is cos of your desperation to make this an APC thing. Just listen to what you're saying, "that the APC governors didnt say No"?... was the NGF a group made up of APC governors alone?.... At the time in question, there were far more PDP governors, but the only thing you could see in all that was that APC governors didnt say No? Wonderful! You mentioned "twisting facts", please which fact did I twist?... Only thing going on here is you desperately trying to twist a narrative to claim GEJ did not save (and led Nigeria to a recession) because of APC governors who forced him to squander money. Did you just say the FG dipping it's hands into the ECA (not SWF) was a lie?.... So he doesnt even know the difference between SWF and ECA, yet he comes online to argue and call people liars?.. Na wa oh!... Bye bye! |
Officialpdpnig:Like I said, he was playing politics. He said the truth about the problem preceeding the current government; he also said the truth about the current govt not having done enough to hold back the recession, and because he has to play polotics, you would only see him focusing on the latter (i.e. how the current govt isnt doing enough). I'm not sure I really see what the dishonesty or inconsistency is in that. Please can you point out anywhere he has said recently that the current govt is the cause? |
Officialpdpnig:He's simply playing politics today because he has to. |
Officialpdpnig:Obi is a principal reason Atiku presently has some credibility today; Obi is a principal reason several haters of pdp (like myself) have a soft spot for Atiku. He's the best choice Atiku could have ever made. If not for anything, saying the truth has never been a crime, so I see no reason you should criticise the man for sticking with the truth regardless. |
OkaNaUbe: nzeobi: israelmao: Wiseandtrue: emmie14:Amaechi and Fashola = 36 governors right? Obi who was live in the meetings said every single governor said NO, and that was even mainly because the FG was already deeping its hands into the collective purse, withdrawing and withdrawing without any explanations. But now, according to some funny folks, governors automatically means Amaechi and Fashola (and to some others, Argbesola and Oshiomole). Those 4 men must have been very powerful to control the other 32 zombie governors (who were majority PDP) who had no opinions of their own. Infact they must have had some potent juju powers cos they also hypnotised GEJ the president then to squander the FG's large (52%) share of the money. Meanwhile, the combined share of the ECA taken by these 4 guys wasnt even up to 5% of the total fund, but today you blame them for squandering the entire money? This has to be the lamest attempt at playing the blame game . cc: Hush15 |
DeOTR:Haba! Of course if the govt made $112bn raw net income, Nigeria wouldn't be struggling to meet basic needs. The only relevance of mentioning that figure was to just enable a qualitative comparison between the past and present. The discussions on this thread centres on how the government is borrowing too much; my point was that due to the high cost of running the country, if the previous government that earned almost 4 times more income was struggling and had to borrow substantially to keep things afloat, then why should anyone really be surprised that the current govt which has earned far less is also borrowing substantially? I totally agree with you though, the cost of running Nigeria is so so high with a massive recurrent bill every year. And that's one area I am disappointed in buhari, his inability to crash the cost of govt reasonably. Even if he cant adjust the figure swallowed by the rogues at the NASS, I believe there are still a thousand and one other ways a serious president can cut the cost of governance. |
DeOTR:Lol... Are you by any means suggesting that the $112bn figure is fake?... By the way, before we proceed, when it is said that Nigeria sold oil worth $112 billion in the last 3 years, it doesnt necessarily mean the government made $112 billion in revenue. Only a tiny fraction of that amount gets to the purse of the govt as income in form of royalties and tax. I'm very sure you (and so many others) dont know this, so your questions above arent surprising. Nigeria's budgets have been averaging about $22bn each year since 2015 and a budget is only a projection of what the givt hopes to get and to spend in tje fiscal year. Since 2015, the revenue target has never been hit, only roughly half of that amount is realised each year, a further amount is borrowed (to cover the deficit) but even at that, the $22bn total target has still never been hit. Hope you know that? Meanwhile regarding the blames, the only reason people still remember or remind or even talk about how bad the previous givt was is because the loudest critics of the current govt are the very people who either belonged to the former govt, or were ardent supporters and praise singers of the former govt. You cant blame apc for always engaging in back and forth blame games talking about pdp. The reason is obvious, the day pdp players stop absurdly presenting themselves as competent patriotic saints who financially managed the country well and provided security, that day, the apc govt will stop responding with blames. It's common sense, the pot cannot be calling kettle black everyday and expect the kettle not to react. |
PrecisionFx:Lol... these Jonathanians, una too funny. Jonathan probably did everything good in Nigeria and is responsible for every single little progress Nigeria has recorded; others were either just pumping money into the sea (and into pockets), no single assets procured with the full $16bn, or some others are just incompetently looking on today and doing nothing. If you're, left alone, one day you'd even explain how Jona was the one who mounted the Sun in space. Meanwhile, it's on record that that govt between 2010 and 2015 spent about $8.5bn on power. Within that same period, the power assets were privatized, suggesting that some of those funds should have been recouped (how much was recovered is story for another day). But even if we assume no kobo was recovered by the govt following the privatisation, abeg how does that $8.5bn account for the fact that the country grossed up to $380 billion in the period under review, an unprecedented high figure, but still borrowed up to $28bn and crashed foreign reserves by over $12billion?... This question must really be difficult to answer for you, but the real answer is obvious for those who keep doubting the financial recklessness of that govt. Buhari clearly isnt doing a whole lot of things right, but in terms of fiscal responsibility, you really can't compare his govt to the last one. Make we try call spade spade abeg. If the last govt which earned over 3 times more than the current govt couldnt survive without borrowing, dont you think it is irrational (especially for those praising the last govt) to now crucify the current guys for borrowing despite? |
He also reactivated the Makurdi, Enugu (largest in nigeria) and Aba NNPC depots.How much was spent to reactivate these? was it up to N3 billion in total? He built 33% of all the federal universities in nigeria just under 5 years.Establishing universities is different from BUILDING universities. Out of those established new 12 universities, were up to 12 new university buildings added in total across the country?... Going to a place like Alvan Ikoku College of Education, and changing the name to Alvan Ikoku University of education without adding a single new building to the site (except repainted signboard and letterheads), is that the capital project that gulped hundreds of billions of dollars? He built the first 6 gauge speed train in nigerias history, To connect Kaduna and Abuja. Im sure u know how much this kind of projects costs. He also reactivated so many other railline networks across nigeria.Point of quick correction, the first standard gauge railway in Nigeria was the Ajaokuta to Warri line built to 90% by OBJ. Then regarding the Abuja to Kaduna project, it cost $875million in total out of which GEJ's government paid only the counterpart funding of only ~N60bn ($325million). For that project to even be completed, the govt of Buhari had to pay of outstanding sums of up to N17bn to cover several issues including compensation of affected landlords before ever CCECC could handover the project to Nigeria for commissioning. Today, the $500million loan for that project is being coughed out by the current government as loan servicing which is rendering our budgets impotent (but of course Buhari gets all the blame). Meanwhile, the current government is replicating a similar project from Lagos to Ibadan. Bro please tell me, how do you explain that a government goes borrowing so much in the time of plenty? What are the so called mega projects that accounts for the huge incurred debts and reduction in reserves despite the more than 3x oil revenue? |
PrecisionFx:Oh, so you actually acknowledge that he met those 10 turbines and just pumped in some extra funds to progress on them?... You also agree that not all were completed after they left power. But once again, according to your Jonathanian logic, "the $16bn OBJ spent on power was 100% looted, no single one of the expensive components like the turbines were procured. But when GEJ came in and pumped another $8bn, 100% of the work was done and completed; GEJ made it all well but Buhari came in and bombed all the beautiful works of GEJ, no wonder Nigeria still struggles to generate power beyond 4000mw till date. It's exclusively Buhari and Fashola's fault that we have no power irrespective of the $24bn spent by OBJ and GEJ. The problem of Jonathanians = selective blindness, selective amnesia and selective sense application. ''even after he left power, most of those turbines couldn't still function''I'm struggling to grasp the relevance of this thing you wrote here. You agreed with me that they only pumped more money in to complete already ongoing power projects; you also agree that even at the time of handover, the projects were largely still incomplete (and are still being worked on by the current govt). But isn't that the point I already made above?.. What then is the essence of accusing me of blabbing nonsense, and then proceeding to repeat the exact same nonsense I blabbed?..smh! Meanwhile the $1m per MW you talked of, how come that defense only applies to GEj and not other leaders? ''during the week of handover, total generation crashed to about 1300mw''Once again, what are you blabbing here? are you saying the opposition stopped gas from getting to power plants the week/month before handover?... Who are the evil people that stopped generating the electricity? Meanwhile power generation crashes under GEJ, you blame it on opposition; today the same power supply crashes under the current government, you blame it on Buhari and Fashola's incompetence? ... And with this kind of reasoning, you actually advise me to apply sense? Which sense biko?... iberiberism sense? |
tete7000:It's funny how Nigerians expect politicians to be saints. Why ruler or king would ever willingly reduce the size of his kingdom or water down the powers he wields? In Nigeria today, the only a Niger Delta leader can actually restructure Nigeria and ensure regional control of resources, and the reasons are obvious. PDP was in power for 16 years and did nothing about restructuring. 2015, PDP loses power and restructuring suddenly becomes their new song. Any Nigerian expecting restructuring and power devolution to be done by any leader who isn't from the Niger Delta must be a dreamer. Dreaming is allowed though... |
PrecisionFx:Akuko ifo! Kindly point out the so called 10 gas turbines that GEJ built from scratch and I would show you evidence that at least 9.5 of them existed before 2010 at various levels of completion. GEJ's government claimed to have spent an additional $8.5billion (to the $16bn spent by OBJ) on power but guess what? even after he left power, most of those turbines couldn't still function, that's why Nigeria still struggled with just over 4000mw 'generation capacity' as at May 2015; to reveal how bad things were, during the week of handover, total generation crashed to about 1300mw (that can be excused as a momentary setback though which even still happens today from time to time). Just for info by the way, Nigeria had a power generation capacity of almost 4000mw as at 2010. After spending the about $8.5 billion in the power sector, the same government of GEJ also privatized the same assets. So please, how exactly does that $8.5billion (which largely should have been received back except of course you agree that the govt dashed them to cronies for free) account for the rest of the billions which we're talking about? |
PrecisionFx:Lol... Bro na wa for you oo! Which kind of tata argument is this? What matters more? the amount of money I owe or the amount of money I borrowed?.. I borrowed 30bn and have paid you back 20bn, but you still go around town shouting 30bn? Is everything alright? Meanwhile, APC between 2015 to date has received about $112 billion total from oil sales, the nation's overall debt has increased by over $10billion and despite the low revenue (due to low oil price/ production levels), the nation's reserves has been grown from ~$28.6bn to about $45 billion. The PDP administration on the other hand between 2010 and 2015 made $381 billion from oil sales alone during a time of oil boom. Within the same period, Nigeria's overall debt increased by $29 billion (From $35bn to $64bn) and our foreign reserves dropped by from ~$42bn in early 2010 to $28.6bn in May 2015). There's no doubt that the money borrowed and being borrowed by the current administration is disturbingly high, but at least they have a reasonable excuse that the nation's revenue is very low due to the oil crisis, and borrowing becomes inevitable to keep the nation afloat. But the big and valid question you should really be asking is, after enjoying an unprecedented oil boom between 2010 to 2014, why exactly was the government borrowing between 2010 and 2015? and why did savings drop significantly during a time of plenty? What are the tangible projects you can point out that swallowed all that money?.. alamanjiri primary schools? |
PrecisionFx:If someone borrows $30billion and has already paid back $20billion within the same time period, how exactly does that count as a $30billion debt problem? |
4Play:Nigeria is sadly just full of poorly educated youths, reading through threads like this just proves it and keeps one depressed. 3 pages already gone, yet you are the only person who was smart enough to pinpoint the trick used by the VP in his speech. Everyone else just keeps screaming lies, lies, lies, throwing insults, shouting fake pastor bla bla bla etc., but none of these people had the mental capacity to point out what the so called lie in the statement was. If you ask them to point out the lie, instead of a response, you might just be leaving with a barrage of insults. One person even posted the image of a chart and screamed "lies", but he obviously couldn't interprete the figures in his beautiful chart to know that it actually lends credence to the VP's statement. Nigeria's educational system really needs a revolution. |
PrecisionFx:So the SE is no longer marginalised in Nigeria's politics any more? Wonderful!... or probably you mean that the the Igbo man never cared about these things?... In Nigeria's history, there is no ethnic group that has wailed as much as the Igbos in Nigeria over marginalisation or being sidelined in the political scheme of things but you have now changed the narrative because you want to win some flimsy argument?... Tell me one reason why anyone should take you seriously with these things you're typing here? Goodnight! |
resurgent4oodua:Okay sorry.. I must have overestimated Fsshola's intelligence then. |
PrecisionFx:Oga dont you even have any iota of shame coming online to lie about something that's known to even infants? Which tribe or ethnic group in Nigeria doesnt want a better share of the national cake or equitable representation at the helm of affairs?... While every tribe comes up with some form of complaint or the other about being marginalised politically or otherwise, which ethnic nationality has cried about this more than the Igbos since Nigeria's history?... Tell me one single tribe or ethnic group that has or is currently lamenting about not being given a chance to rule Nigeria other than the Igbos?... Did you just stretch out your hands to type that bold statement above? And you expect to be taken seriously?.. How old are you by the way? ![]() |
0monnak0da:If you werent worse than ridiculous, you could have been able to point out what's wrong in my statement. |
deomelo:Oga, I was explaining 2 different things in that single post. Too bad you couldn't comprehend it because you obviously have a singular mind that only sees everything from one angle. |
PrecisionFx:Bro, politics is a game of numbers, and it typically involves a game of "scratch my back I scratch yours". The SW formed an alliance with the north so as to gain political relevance; the alliance seems to be working and would likely produce fruits for them in 2023. The only people who really call that alliance 'ass licking' are the people from the SE who after insulting the SW of being slaves, they now turn around to wail and wail and wail about being left out in the political scheme of things in the country. 2023, is around the corner, if apc wins in 2019, power will likely shift to the SW and this wailing about being left out politically will likely continue in the SE. By the way, if you call it ass licking or slavery when the SW political block supports the fulani Buhari and the north, what exactly would you call the support the SE gave to GEJ (in exchange for zero tangible projects) and the support the SE is currently giving a fulani Atiku? |
0monnak0da:Go back and read what I wrote again and kindly point out where I absolved anyone of the blame; I clearly called it a Nigerian phenomenon and mentioned that even if everyone does it, it doesnt still make it civil. If you had half the sense or sanity you brag about, you should have noted that before insulting me. But then, that even takes me to my next point. Even of every silly illiterate Nigerian politician out there does it, you are right about what I said, I expected more from a person in the mould of Fashola. |
0monnak0da:When the basis of a political campaign deviates from an advertisement of competence and achievement, and moves into the realm of ethnic, tribal and/or religious sentiments (e.g. if you are Muslim, vote for only Muslims, if you are Yoruba, vote for only Yorubas etc.), you don't need to be told that that shouldn't be the case in sane civil societies. Even though it's the norm in Nigeria, it doesn't necessarily make it okay for electoral choices and campaigns to be based on tribes of the candidate Except I read it wrong, Fashola made a statement that the SW (Yorubas) should vote for APC so that a Yoruba man can be president in 2023. I'm not surprised you see nothing wrong with such an ethnic/tribal statement; after all, you're just another citizen of a country where ethnic, tribal and religious sentiments reign supreme. |
0monnak0da:There are certain statements that should never come from a person who should be an educated and enlightened statesman; there's something called political correctness in speech. Don't you think it's rather ridiculous that your justification for such poor choice of words is that "some Igbo leaders also made similar statements"?... How exactly does that make it right?... Anyway, I forget too quickly that we have a shithole for a country where even the most lettered don't think there's anything wrong with publicly making tribal or racial remarks. |
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The SE has a very good political case why it has to support PDP. Supporting Atiku/Obi might just be able to assure an Igbo presidency in 2027. Likewise, the SW has a very good political case why it has to support APC irrespective of PMB's performance. Supporting APC would providr a 95% assurance of power returning to the SW in 2023. What I do not understand is why anyone has to insult the other group for their political choices. Regarding power shifting to the SE, I still can't understand why anyone would sit in their house doing nothing and expect the crown to be given to him on a platter. Political powers in the SW like Tinubu and co have been licking the balls of the Fulanis for the past 4 years for a particular reason. It's even more amusing that some folks from the SE then fling insults at Tinubu and the entire SW for being Fulani slaves, and then these same set of people expect the north to handover to the SE?.... How can the north by-pass the SW that has given it all the support and then handover to it's greatest antagonists and mockers? |
Afonja007:I dont know why I find this your post funny. ![]() |
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