₦airaland Forum

berrystunn:
Where are you driving to? So since the oil price drop..
Nigeria should go and die
What's is the position of the govt and his policy to help the situation?
We should wait till oil price comes up..

The results of whatever efforts that can be taken to revive the economy can only be seen in several years from now. You cannot diversify an economy in 1 year. Nigeria had at least the last 16 years to get off the 100% oil dependency but it did nothing, anybody expecting miracles in 1 year must be a joker.

cascarino:
Stop honouring that boy called chino with your comments. He is not mentally sound. All his arguments lack sound logic- they're only full of hatred for anything that concerns Imo state. He is not an imolite but will always border himself with whatever is happening in the state. When next he talks to you don't just give him any attention-he is not worth it. I suspect he is having a sort of neurosis.

I find it rather strange that such humans exist, wonders they say shall never end.

Call07034780891:
In other words Okoroawusa should be stoned to death for succeeding in making the state broke, useless and worthless

Below is an Imo state girl that was rendered useless as a prostitute by Okoroawusa. This is one of the millions of Imolites out there in the same dilemma.

Are you okay?

aresa:
It was never turned over to anybody unless you have any handover documentation to back it up with.

It was a FG airport from begining till now.

You can not even give us any sane and rational reason why a state airport magically turned into a FG airport.


Osun is building an international aiport from scratch, but it's never going to be a FG airport.

jigawa state built the best state airport so far and it remains a state airport and so it shall remain.


So please tell us why it's a different story with imo airport and why a state airport is turned into a FG airport.

Even if it was a state airport which it's not, why was it turned over to the FG?

Because the folks in the SE are too lazy, clueless and incompetent to manage a small village airport?

Dude, resorting to ethnic/tribal insults and bashing over a simple argument on the history of an airport speaks volumes of the shallow fabric you are made of. I clearly now understand the origin of your strange logic.

CSTR12:
If rochas okorocha level of governance is what you want for imo state then i can't help you.
I don't have time for base politics. A governor that built a christmas tree for 600 million in a state where poverty has driven a lot of the ladies into whoredom can never be a standard for reckoning.

Call07034780891:
Is that why Okorocha diverted and frittered 26 billion bailout funds with Turkey women under the guise of chasing foreign investors? Till today no one has come with a pin and state is hugely indebted with large backlog of unpaid salaries. Not that there's anything anywhere on ground.

I deal with facts and figures not sentiments.

Nope, you guys should learn to read and comprehend; I never said Rochas was a saint, I only compared him with his predecessors. As messy as Rochas' administration may have been so far, it still beats the 12 combined years of Udenwa and Ohakim in terms of development.

Call07034780891:
Is that why Imo state became broke, useless and worthless under Okorocha?

Okorocha is on a mission to bury Imo state and he has achieved 97% of the mission plan.

Indeed... Even a primary school pupil knows why states across Nigeria are broke presently. ANd yeah, I stand by my previous assertion, in Rochas' 5 'messy' years, more has been achieved in the state in terms of development than the combined 12 years of Ohakim + Udenwa.

waternogetememy:
We dont want APC Senate President. We are ok with PDP Vice Senate President.

Speak only for your aggrieved self boy...

CSTR12:
That is utter stupidity.
And the fact that imolites are very enlightened makes it even more bewildering.
How has okorocha the northern governor and his APC boys benefited them ? This is the same man building schools in kano as imo state governor, built a christmas tree with 600million in the midst of abject poverty and made a mess of sam mbakwe's legacies.
I would expect them being cerebral voters to go for APGA. Obiano though a mediocre when compared with world standards is currently the best of the crop.

Hate him all you like for some of his indiscretions (or for the fact that he joined apc and booted gej out), but the sacred fact is that the 5-year 'messy rule' of Rochas is still several mile better than the combined 12 year sojourn of Udenwa and Ohakim in Imo state. This is a fact and sensible people of Imo state know this fact; the only people who dispute this are those who hate rochas with a passion simply because he joined apc.

aresa:
That airport was built by a military administrator under military rule hence FG hence the airport remaining property of the FG.

Where is the sense and wisdom in building any airport with your own money and then turn around and hand it over to the FG.


Tell us why the airport is today federally owned.

Lol.. very amusing as you keep turning simple logic on its head. It is on record that the airport was built by a state government using state funds; whatever agreement or deal which was struck later for the FG to take over the airport is inconsequential. What matters is that the airport was originally built by the state government using Imo state funds, unlike other airports across the country at the time which were clearly built by the FG. We can go on and on, but facts are sacred and cannot be changed.

aresa:
You should be telling us how the same airport built with state funds and should still be owned by the state is now owned by the FG.


What happened? The state sold the airport to the FG or the FG just sent the military to Imo state to commandeer the airport and made it a FG airport?

The terms of transfer of ownership of the airport are unknown to me, that isn't what this discussion is all about. The point here is simple and indisputable, Sam Mbakwe Airport Owerri (a.k.aImo State Airport) is the first state built airport in Nigeria.

aresa:
[s][/s]



It was built by the military administrator of the state under military rule which means it was built by the FG hence the airport belonging to the FG since day one. The FG can not take over what belongs to any state in Nigeria.

Under military rule are you suggesting we didn't have 3 tiers of government?... Something built by a military administrator of a state using state funds, you claim it is a federal project because it was under military rule; this your logic is quite weird.

berrystunn:
Your buhari was called Fantastically corrupt,
Dignity can't not food in your table
His monetary policy has noting to do with global oil prices,
Buhari stylishly devalue naira...hardship show case fast

Do Nigeria have economy team that are capable to get Nigeria back with other means.

Bro, haven't got the strength for back and forth pointless arguments. Like I mentioned before, Nigeria's economy is tied to price of crude, oil price goes up, the economy flourishes, oil price drops, economy crashes.

aresa:
Stop lying abeg...






It was built my the military administration during military rule which makes it a FG built airport hence the FG remaining the owner and operator.


.

I think the comprehension of what's written shouldnt be too difficult. Imo state's airport (Sam Mbakwe airport) was the first STATE BUILT AND STATE OWNED AIRPORT IN NIGERIA. That the FG has taken over ownership doesnt mean it wasnt built by the state.

Similarly, the Imo State University (presently Abia State university after state division) was the first state owned university in Nigeria. Things like this is what is obtainable when forward-thinking and patriotic leaders like Sam Mbakwe are at the helm of affairs.

I totally agree with Adaure4ever, with the right leadership, right cooperation and coordination at the state and regional level, no region in Nigeria really needs the FG to progress. But a constant flow of bad leaders is what is responsible for the mess we have today across Nigeria. The problem is even further complicated by the fact that the useless leaders have somehow been able to successfully brainwash the people and divert the blame of their failures to FG or 'other tribes.'

mazichika:
not killing people,but making sure that there votes counts.

How are you so sure the votes arent counting as it is presently?... Do you know the candidates personally?... Or probably based on Jonathanian sentiments, the people must be rooting for pdp?

By the way, when there are credible candidates, Imo people will keep vigil for as long as it takes to make sure the votes count (that was exactly how Rochas unseated Ikiri in 2011). But when you are presented with 2 or more charlatans to choose from, nobody is idle enough to start fighting over nothing but party name.

mazichika:
No Inec official at the various collation centres...Silver bird TV

There is an allegation that okorocha asked all of them to gather at his residence.

Imo people are the weakest specie in igboland why not act like rivers people?

Act like Rivers people by murdering innocent souls all because of some worthless politicians who could even decamp at the slightest setback?..... Act like Rivers people by destroying ourselves because we want to punish APC for unseating GEJ who didnt do a single project for the state?

Bro, sorry to dissappoint you, but Imo people are not ediots who kill themselves for dubious politicians (who after they win would only remember their pockets); Imo isnt populated with jobless touts who run around under the umbrella of a thousand different cult groups fighting for the pittance they get from politicians.

If that is what you call weakness, you are free to go revel in the land of your 'strong' heroes.

badnature:
Nwayo kwa

Lol.. the anger bile erupting from the souls of some of these ipob folks, one day the chemical would mistakenly spill into their brains and they would run amok. Imagine the hatred being expressed to others (including fellow Igbos) for daring to have a different opinion?... one begins to wonder if these people they threaten on a daily basis are responsible for their personal failures and frustrations in life...

sammydemperor:
Nah, not today, not now... I won't insult you, Your ignorance has done that to you already

If you could read effectively maybe you'd have had a better understanding of where am driving at

some countries have the luxury of experimenting with solar powered plants, others like Nigeria don't, we currently have an installed capacity of not more than 7,000MW. Instead of building small plants everywhere, why not build something large to generate what can supply the entire country for about 18 hours daily...

You can say all you want, but i won't stoop to your level of immaturity by trading insults... I'd rather trade opinions with you

Thanks

You should underatand that gas fired plants happen to be the cheapest source of power, this is the area Nigeria should concentrate on massively to first of all, achieve uninterrupted power supply before we start experimenting with the expensive renewable options. However, do you need to be reminded of the massive dissadvantage and setbacks of these gas plants in a jungle like Nigeria?

Like you rightly said, Nigeria has up to 7000mw intalled (and functional) capacity, gas constraints occasioned purely by demons blowing up pipelines everyday is the only reason Nigeria is still in darkness with less than 2000mw. A single large diameter pipeline (the escravos -Lagos line) supplies gas to all the largest power plants in the country. Since this year that pipeline has been blown countless times.

Any initiative to diversify power generation, even if it means a thousand 10mw plants is the way to go considering the peculiarities of the Nigerian situation.

berrystunn:
Poor economy team.
Noting to offer
For your information am not a nigerian.

You aren't a Nigerian doesnt mean you should be incapable of comprehending the very simple logic of Nigeria's economy being tied to global oil prices.

berrystunn:
Foreign investors running away because of oil price drop??
Young man wake up its bad economy team.
Buhari was handed over:-
- $30billion in our Foreign Reserves, 
- $2.5billion Sovereign Wealth Fund, 
- $1.4billion in the ECA, 
- $4.65b back taxes from NLNG. 
- Buhari met an approved budget of N4.5trillion Budget.
- 3 trilion naira in STA..till date

Received Below within a year,
- $2.7billion collected by Inland Revenue in his first 8 months.
- $2.1billion world bank loan.
- $850million Grants from UK, USA and Europe.
- Excluding crude oil sales, Joint Venture profits, Royalties, Income from Customs, NIMMSA, NPA, NACHO ......
- unknown amount recovered from looters

We've been through these arguments a lot on this site, it's somewhat meaningless to try and educate a person who is unable to learn. I would just drop a few points just for the sake of talking.

You mentioned $30bn, $2.5bn, 1.4bn, 4.65bn etc... All the amount you mentioned first of all, is just sufficient to meet up the import demand of 180 million Nigerians for barely 3 months. A student who has N10k in his account is far richer than a father of 5 who has N100k in his account. If you don't understand the meaning of this little analogy, then it is pointless for me to go on. May I also remind you that just a few years back as at 2010, Nigeria had well over $60billion total in the different reserves you pointed above, but even then, it was far from enough.

You mentioned 3 trillion in TSA, obviously you do not know what the TSA means, else you wouldn't be suggesting TSA funds as government reserves which the FG should just dip its hands into. You also mentioned recovered fund from looters, you need not act ignorant of the amount, it was mentioned just recently that only about seventy something biullion is the true cash recovered.

Then you mentioned money collected by FIRS etc, are you serious?... Are you aware these are moneys collected every year which makes part of the national budget?... You are obviously not aware these funds have reduced greatly year-on-year due to the recession.

berrystunn:
A year have passed
1] Not a kilometer of road was constructed, 
2] Not a watt of Electricity generated,
3] Not a Ward was added to any Hospital in Nigeria.
4] Not a job space was created, excepted the CBN job he shared with his cronies.
5] Not a grain of Corn or tomatoes seed was Provided to our farmers. [Fertilizer subsidy taken away and handed back to ex-military men],
6] 41 foreign companies mostly in service industry left the country.
7] 4.3 Million jobs lost in 10months - National Bureau of Statistics. 
8] Food scarcity last experienced in Nigeria between 1983 to 1985 returned back to the country.
9] War on Corruption turned to war against his perceived enemies, any conviction by EFCC are cases meticulously started by previous govt(s). Buhari only win cases on pages of Newspapers.
10] Nigeria dropped from No.1 Investment destination in Africa to No.27 before South Sudan.
11] African Biggest economy shrink from a GDP of about 7% to -0.36%, the fastest decline in the world since record begins.
12] No.3 fastest growing economy in the world to No.83 in 365days.
And more to come... Govt with plans to loot from looters,

You claim not a kilometer of road was tarred, no new power plants or other capital projects, but you feign ignorance (or maybe you are actually ignorant) of the fact that the budget of 2015 created by the last admin was purely recurrent based and meant for just paying salaries?... If your salary was owed, then you have a genuine reason to make this meaningless comment. If no kilometer of road is tarred in 2016, then you would be making a point.

I dont need to remind you that no business man or investor takes his business or money to a land where there is no money. Even the woman hawking akara or oranges would prefer to walk through richer neighbourhoods in the hope of making more sales and more money. Nigeria loses 70% of its income because it foolishly and lazily exports only one item, but here we are, some persons are expecting things in the economy to remain the same. Sorry I forgot, Buhari is the one who dropped the oil prices from $120 to less than $50 and he's also the one blowing up pipelines to crash Nigeria's oil export by more than 50%. Una never see suffer yet!

berrystunn:
Say no to fake drugs ok.
- Buhari met an approved budget of N4.5trillion Budget and projects running.



A year have passed
1] Not a kilometer of road was constructed, 
2] Not a watt of Electricity generated,
3] Not a Ward was added to any Hospital in Nigeria.
4] Not a job space was created, excepted the CBN job he shared with his cronies.
5] Not a grain of Corn or tomatoes seed was Provided to our farmers. [Fertilizer subsidy taken away and handed back to ex-military men],
6] 41 foreign companies mostly in service industry left the country.
7] 4.3 Million jobs lost in 10months - National Bureau of Statistics. 
8] Food scarcity last experienced in Nigeria between 1983 to 1985 returned back to the country.
9] War on Corruption turned to war against his perceived enemies, any conviction by EFCC are cases meticulously started by previous govt(s). Buhari only win cases on pages of Newspapers.
10] Nigeria dropped from No.1 Investment destination in Africa to No.27 before South Sudan.
11] African Biggest economy shrink from a GDP of about 7% to -0.36%, the fastest decline in the world since record begins.
12] No.3 fastest growing economy in the world to No.83 in 365days..

And you still there waiting for dollar to be one to one.

Educate yourself kid, else you would only entertain fellow ignorant people with such beautiful nonsense. First of all, the inherited N4.5 trillion budget with was purely recurrent based (I doubt you know what that means), it was purely a budget to pay salaries and rent. Did the FG fail to pay anyone their salaries?

A lot might find this comment strange, but even N600 is extremely cheap for that journey and I totally doubt there would be any profit coming from running these trains at these jamboree prices. Train journeys (especially high speed very comfortable trains) should not be cheaper than road journeys if these our new trains must survive beyond 2 years. Government should even have no business running these trains, if the trains must survive and if their services must be efficient, the wise thing to do now is for the government to commission and handover the running of these trains to private investors.

rexzqcom:
President Obasanjo ran this country with lesser crude oil bench-marked sales prices, and achieved economy progresses. Among which, was settling old debts and generations of trade surpluses.
IBB had $9/barrel crude market. Yet left some legacies of benefits. Wise leaders sewn their garments according to their sizes. Doubt Buhari knows what his size is, talkless of sewing a garment.

A man who needs N10 to feed his family can survive comfortably on a salary of N20. But the same cannot be said for a time when the mans essential recurrent expenses are now in the range of N50.

Comparing the time of OBJ or IBB to the present date is meaningless; you should first ask yourself what the minimum wage or the total wage bill in 1992 was compared to today.

Talking about exchange rate which is driving most of the present economic stagnation, value of the naira is controlled by demand and supply of forex. Can you compare the demand for forex 10 years ago when only a microscopic few elite demanded it to the demand for forex today where even the lowest member of society holds a MasterCard or VisaCard in his pocket ordering even a handkerchief from abroad?

In summary, times have changed, so your comparison is baseless.

berrystunn:
Say no to drugs expecially fake once,
Buhari monetary policy is very bad.. Has No business with the oil price, the same monetary policy that stops foreign investors.. Same thing affecting international students, All in the name of fighting corruption.
Trying to loot from looters..

Buhari stylishly devalue naira. The wife control CBN today our banks run black market rate
Oil price my dog ass.

You can choose to believe or not believe your dog as, facts are sacred and can never be changed by the sentiments you feel. This is just like a person throwing a log of wood in the air and while it falls down like a log of wood which it is, some smart ass comes in and says its falling because of some other silly reason but not gravity.

Nigeria is a monoeconomic nation and we sell only oil. When the price of oil goes down, our economy goes down. It doesnt matter what you want to believe for whatever reason, it doesnt matter the blame game you want to play; the facts are the facts and it's bleedy simple logic.

Mrchippychappy:
Keep telling yourself that, This is an elitist idea. FYI this is a public private partnership, meaning the State government and the private sector got involved in this project. The state government could as well call on the private sector to join in the development of low / middle class residential areas, you know the larger populace? the ones who actually elected Ambode and his "progressives"?

It doesnt matter what you want to believe or not, it is a marvellous idea, that's all that matters.

Secondly, NO kobo of your money is being put into it (it's a private sector funded project) and if you become an elite tomorow, no one forces you to step foot into eko atlantic. Even if it were a government funded project, its still a marvellous idea which creates thousands of jobs, boosts the housing sector, boosts the economy of Lagos and Nigeria as a whole, boosts the aesthetics of Lagos and Nigeria and should be a pride to every Nigerian.

But since you do not like the idea for whatever reason, that's sad, but the good news is, it doesnt change the fact that its a marvellous project.

The village people of the thief are working on overtime.

eddyjibs:
waste of funds. our poor maintenance culture cud cost dis project

Are you aware this is a private estate?... You really think an audacious project of this magnetude would be allowed to go the way government projects go?

Mrchippychappy:
There is no money to pay workers, no money to empower students, no money to empower the Nigerian youth, no money for power supply, no money for infrastructure in the densely populated middle / low economy class residential areas and YET there is money to spend on frivolous "eye candy" projects. SMH Nigeria. So much for being "progressives"

Firstly, this this is a private sector project, its like a private estate being built for the top echelon. There's nothing frivolous about it; it brings jobs, will keep bringing jobs even far into the future, it boosts the economy of the state and country, it's extremely beautiful and it boosts the reputation of Nigeria at large.

And remember, the main reason this project was conceived was to act as an embankment/barrier to protect victoria island from being washed away by the encroaching sea. Talking about great ideas, if this is not a PROGRESSIVE idea, then I wonder what could be progressive accorsing to your school of thought.

If Rochas can sanitise Douglas road owerri, then he would definitely be a hero.

john4reala:
BUHARI NA THUNDER GO FIRE YOUR FAMILY WAHLAHI... INFACT GOD PUNISH ANYONE RELATED TO HIM.......so this is how am gonna drop out of 300level in this Cyprus.... #Exchange Rate Is Killing 9ja Students here In Cyprus

Na buhari reduce oil price?... If you like keep sending your thunder to an imaginary enemy.

Time for the wailers to jump in...

Ballmer:
Please stop commenting as if you are mentally deranged. How do you justify the federal government that covert almost 90% of the revenue accruing to the nation yet can not maintain roads it's predecessor built and maintained. Why are some of you APC supporters so blind to reasoning because Buhari is the president. Please learn to draw the line for God sake people. because we desire a beta Nigeria or the ouster og Jonathan does not mea we should be blind to the glaring failures of Buhari.

Was just passing bye and then I saw this. Please which roads are you referring to?... which roads did the predecessor build and maintain?

STARGREEN:
Sorry... has it gotten to this stage? God bless GOODLUCK JONATHAN.

For blasting trillions and building no roads right?