₦airaland Forum

theshadyexpress:
they were not in charge but the money in the federation account cannot be saved without the express permission of the 36 state govs and 774 lga's cos the federal govt has no constitutional right to withhold state and LGA funds without their consent.

its obvious a dead clock is wiser than APC followers cos it still manages to be correct twice a day, but once APC supporters go dumb theyre dumb forever

As at the time the governors asked for their share of the ECA funds, how many of those governors were opposition?.... Even when you count out the PDP governors who later switched to APC, there were still over 20 PDP governors in the governors' forum now some clowns who think they are talking to kids is saying APC prevented PDP from saving?... WOnders shall never cease!

By the way, the entire 36 states and 774 LGAs only took 45% of the entire ECA funds, so please kindly tell us why the FG did not save its own 55% share amounting to over $11bn?.... Maybe the APC governors also used a strong juju spell to charm the PDP FG into squandering the savings right?... Meanwhile this squander happened in 2010/2011 while APC was formed in 2013. Strong yeye dey smell!

The bunch of PDP buffoons should understand that not all Nigerians are as silly as some of their brainless followers.

winningwinner:
Hahahahahaha! Chai! Laugh wan kill me, but I will not die but live to declare the truth.
I was there when GEJ removed fuel subsidy that isi is at the height of Nigeria's corruption. That marketers are cheating on us Nigerians through it. That the money to be saved from it is enormous and he will use it to better the lot of Nigerians. SURE-P was birthed. But the marketers came fighting him using different ways. Chief among them was the inglorious OCCUPY NIGERIA!
As a young boy then your senses were so small to comprehend what transpired. Now you know that GEJ was truly out to fight corruption but the uninformed refused.

I will only respond to you long blab when you put your reading and comprehension skills to use. GO back and read my response to your last statement and try to comprehend the exact point I attacked.

A little help just in case that task is too difficult for you; below is your exact statement.

"How many times did you and your likes staged OCCUPY NIGERIA protest because GEJ government tried to go after subsidy fraudsters?"

I would be wasting my time exchanging further words with a person who actually thinks the subsidy protests were against GEJ going after subsidy fraudsters. I am not surprised you have no understanding of what I'm saying.

frankyychiji:
You must not comment especially if you are ignorant.

sharrap there... Mr Non-Ignorant, are you trying to justify this cow poo statement?.... Because you think you are talking to kids right?

Didn't know APC was in charge of the treasury during the PDP locust years.

winningwinner:
You lie! Are you a stranger in Nigeria? Your reasonings are strange. How many times did you and your likes staged OCCUPY NIGERIA protest because GEJ government tried to go after subsidy fraudsters? Even when he attempted removing SUBSIDY on fuel your likes threatened to pull down the heavens and now you want to tell us tales in support of what you fought against. Old boy, please better shut your mouth and don't try to give us that!

Old man, a little piece of advice for you, stop exposing ignorance and selective amnesia in public. Nobody protested against GEJ going after subsidy thieves, rather the protests were for GEJ to go after them.

plaetton:
Your facts are still misleading ,because like your people in the APC, you still prefer to blame rather than face the fscts and take responsibility.

SUBSIDY is SUBSIDY, irrespective of the amount spent.
Was there fraud in SUBSIDY payments ? Sure, there was.
That's pretty easy to investigate and punish the offenders.

But the bottom line is that we either get all our existing refineries to provide our petroleum needs, or we build more refineries, or we raise pump prices in order to remove the subsidies, or, we continue with status quo.

Now, the leadership style of Buhari, who has shown a tendency to act before consulting experts, is the cause of every current problem facing Nigeria right now, from exchange rate issues, stock market carnage , fuel scarcity, power outage issues, and economic confusion.

It has been a comedy of errors since May 29 last year.

I cant see where I was blaming anyone. Or are you just used to accusing people of blaming someone?... Stick to the topic of the thread man, the thread is simply comparing Diezani with Kachikwu and co with regards the availability of fuel.

jking001:
This is buying and selling business no big Grammer here you forgot subsidy was removed and re introduced my brother you have brains think abeg.

I think you need this your 'brain' advice more than any one else here. By the way, subsidy was never really removed, the government still maintains a regulated price for petroleum products. Landing charges were cheaper than N86.5 when oil price was very low so the government collected and saved the excess. Today the landing charges have risen above N86.5 so the government is paying the extras; this is a very simple logic which anyone should understand without plenty explanations.

plaetton:
Your point, while it may appeal to emotions, actually makes zero sense.

The fact is that we have been importing fuel since the Abacha days.
We need money to import the fuels.
The FG subsidized the difference between the import price and pump price.
This simple arithmetic is what dullard Buhari said he did not understand.

And acting true to his this ignorance, he changed the arrangement as soon as he came to power.
He now gave the responsibility of importing and distributing fuel to good ol NNPC, the most incompetent, corrupt and inefficient oil corporation in the world.

And Viola!!
NNPC, true to its odious reputation, is unable to handle the enormous task of importing and distributing fuel all over Nigeria.

That's it in a nutshell, my friend.

Stop the lies.

This clueless government is the architect of all its many embarrassments and failures so far.

Noo need for long epistles, did Nigeria blow up N2.1 trillion on subsidy payments in 2011 or not?.... After the public outcry and investigations in early 2012, did Nigeria's demand for fuel instantly drop by half for only ~N1trillion to be paid in the subsequent years?.... The fact of the matter is that money was dished out in abundance to fuel importers in the locust years of GEJ. The advantage being that there was fuel, but at what cost to the nation?... Even though the money reduced significantly post-2011, the fuel importers were still having a filled day so there wasn't any problem.

Today unfortunately, there isn't as much money any more and the FG is constrained to save scarce forex, hence moves are being made to block every possible loophole. Unfortunately, this has led to the fuel scarcity cos the NNPC is known for incompetence especially as it wasn't prepared for the massive load heaped on it in. With time however, I believe things will normalise and it is all for the better. There are no lies in my comments.

yaki84:
u hvnt answered me question.
did the legislators submit the final report on the subsidy fraud?

The simple point which invalidates your question is that the investigations by the legislators was an offshoot of the protests and it happened after the protests.

yaki84:
the case was on the desk of legislators, u dont expect the president to interfere in the activities of the legislative arm.
atleast u know one farook lawan was indicted n since then the legislative arm start playing to d gallery.
did the legislators give the final report on the perpetrators?

Those investigations began long after the protests; the investigations by the Reps and by the Ribadu committee were all offshoots of the protests.

udemzy101:
Nigerians are getting tired already... He should make things work now and better on the long run.

We are watching patiently. Hopefully when budget is signed, some things will change.

yaki84:
who were the perpetrators, oando, conoil, forte oil own by that billionaire forgotten his name now, oando is run n managed by wale tinubu, who organised the jamboree at ojota against subsidy removal? shebi na okon or audu, no be same wale tinubu using tinubu as the frontier?

The names or origins of the people are irrelevant, why did GEJ not go after them?... If GEJ had showed the slightest commitment to go after them, most Nigerians involved in those protests would have had a little confidence in the govt and given their protests a rethink.

Are you now passing the blame of GEJ not going after subsidy fraudsters to Tinubu?..... This would be the most ridiculous case of shifting blames. Gosh!

udemzy101:
There's no country that you won't find corruption, though in some countries it is reduce to the minimum, however corruption also have a good role to play in the economy growth.



Buhari should stop claiming to be a saint when he is also corrupt, he should start making things work.

In the absence of money, anything Buhari can do to make things work will only materialise on the very long run.

udemzy101:
Government are the biggest spender, if the government doesn't spend the economy will be in a mess...


There is no money to spend that's why the country is like this.

Of course, the government needs to spend to stimulate the economy and it is obvious there isn't much money to spend this time. However, we must only advocate for wise/responsible spending.

yaki84:
corruption is a collaborative act, the people u think are the perpetrators may not even benefit much from it.
so going after people when the main way to defeat the scourge of corruption in that sector once n for all was for discontinuation of subsidy which d govt of that period did.

There are certain things you do that give people the hope in your choices and policies. No doubt, ending the subsidy regime would have stopped the thievery, but the FG should have bought the trust of the people by at least showing a sign that they were going to go after the perpetrators. You don't just ask Nigerians to tighten their belts while you wine and dine with the very real culprits in full public glare.

luvinhubby:
Is it not better to spend the trillions and have fuel, light & cheap food to eat. If partisanship can get me an affordable living, i choose to remain partisan.

No! it is not better, we should be advocating for wiser spending and not prodigal wastage.

I gave an example earlier, with all the indiscriminate spending during the years of plenty, what then happened when the money stopped coming in?... All the beautiful economic indices turned upside down into peril (go and study what happened to our economy in the last 6-7months of GEJ). Fortunately and unfortunately, the time of peril coincided with the a time of power transition. Consequently, many undiscerning minds have attributed the peril to the new government which took over.

Once again, we should be advocating for wise spendings not reckless squandermania.

emmadeking:
After going through the # Panamapapers I can conclusively say that Nigeria is not "too corrupt". Mehn, see how heartless some whites are. Money running in millions and billions of dollar. These people are specialists in Money laundering and Tax evasion. Funny enough these are countries that our Anti-corruption president, Buhari is going to for them to help him fight corruption in Nigeria. Imagine Giant corruption fighting to eradicate smaller corruption #Missionimpossible. This is the highest leak in the history of the world, 11.5 million documents cutting across over 80 countries in the world.
Even the "self-acclaimed" corruption fighters across the globe are either directly or indirectly involved in this historic and messy leak, eg the likes of Iceland, China, Argentina,Britian etc. God help Us

Corruption exists in every society, the Panama saga is just evidence that corruption exists everywhere but in saner climates, people go very very far to hide their tracks. I can't say the same of Nigeria though, a place where we practice our own acts of corruption right in your face, starting from the immigration or customs guys that welcome you at international airports.

yaki84:
did someone tried stopping fuel subsidy?
pls honest answer....
dont forget the higher the price of crude, d higher the price of refined products.
the 2.1trillion was it for 1day or a month?
how much was crude oil price that period?
if nigerians were pained that too much monies were being spent on cabals in terms of subsidy, why did they occupy ojota kicking against removal of subsidy in 2012?
r u now saying some nigerians r zombies?

N2.1 trillion was for the year 2011. It had nothing to do with prevailing oil prices cos investigations revealed that most of the moneys were just fraudulently diverted by enemies of Nigeria without the FG uttering a word or lifting a finger. The protests at Ojota were mainly because the government showed absolutely no commitment to go after the perpetrators who at the time were all known.

luvinhubby:
Did you make sense to yourself?

My statement wouldn't make sense to only blinded partisan supporters from the GEJ divide. I don't know your political leanings, but my bet is that you must fall into this category.

chudionu58:
There you have it! Buhari is readily provided a soft landing while Jonathan must be seen as an unconscionable thief! Let's stop these back and forth, this is the prime reason why Nigeria will hardly work!
2.How can Easterners complain too much since they have a zero cost cum permanent alternative.?

The point I'm trying to make is simple, our leaders, irrespective of party, tribe, region or religion will always want to take the easy way out. GEJ took the easy way out by imposing the tolls, I wouldn't expect Buhari not to hide in the shadows and do same (especially since the people involved didn't complain). If you were in Buhari's shoes, I'm sure you would also take this easy way out.

yaki84:
how much was splashed in 2012, 2013, 2014?
I guess we all slept in filling station queing to buy fuel cos I knw the monies splashed those yrs were not upto 2.1trillion naira.

I specifically referred to 2011 cos that is when the real show of shame reached the heights. At least N1trillion was splashed in each of those years though, but they weren't as bad as 2011 cos the eyes of the FG were already opened to the games of the import cabal. Unfortunately, there is a problem today cos even the little funds to 'settle the boys' isnt available any more.

1miccza:
Don't worry you'll see those figures concerning this government in a couple of months.. The marketers are already having fun and a filled day..

The present fuel scarcity is due to fuel importers holding the FG by the balls. Unfortunately, even if the FG decides to succumb to the pressure, there is no money to even settle the importers.

Guyman02:
I disagree with you.
Splash the money let the people have fuel.
Splash the money let the cattle herdsmen stop the killing of vilagers
Splash the money so that people in Abuja can afford to buy 'point and kill' with beer at weekends
Splash the money so that economy can boom.
When GEJ was saying let us save for the rainy day; it was APC Govs like Oshiomale, Amaechi and AregbeRascal that were shouting 'share the money, share it now, give us our own, dont save for us, we dont want any sovereign wealth fund blablabla. Now Buhari is blaming PDP for not saving much when the price of crude was high.

First of all, there is no money to splash any more bro...

Secondly, it's a foolish thing to splash money indiscriminately; with all the money GEJ splashed around indiscriminately instead of building strong foundations, what happened when the money stopped coming?.... Every single economic progress disappeared in a flash, most ignorant people attribute this crash to PMB taking over but that is just the height of ignorance. Within the last 6-7 months of GEJ (when this oil money stopped coming), the Naira crashed from 160-220 to $1, CBN forex reserves crashed by $10bn in 6 months (from $38bn to $28bn), the much touted high GDP growth rate nosedived from over 6% to 2.3% (lowest since 1999), FG had to borrow to pay salaries, FG couldn't pay petroleum importers their subsidy arrears leading to the worst fuel scarcity in Nigerian history in May 2015 (it was so bad that even banks had to close business for days) etc etc.

All the above happened because some people thought it was a wise thing to squander money. That's why GEJ enjoyed the largest oil revenue than any other Nigerian leader but he turned out to be about the only president to have left office with depleted national savings. Thousands of meaningful contracts were awarded by his regime but contractors being owed leading to abandoned projects all over the federation (GEJ hardly completed any projects he started, he awarded many and was praised for the plenty contract awards, but these projects were all eventually abandoned at infancy cos funds weren't available any more). The money splashed on those untouchable petroleum importers could have built a single mega refinery which could have released Nigeria from the shackles of fuel scarcity for life. GEJ should have been the best Nigerian president judging by the revenue at his disposal, but he squandered the opportunity because of this your very crude line of reasoning above which encourages spending without thinking. No offence intended but sometimes I wonder how old some of you who make these type of comments are.

Regarding saving money in the ECA, governors led by Amaechi asked for their own right to the ECA funds. Amaechi is just one man, as at the time, there were more than 20 governors of the PDP who also clamoured for this money so it is pointless to say it is Amaechi or Oshiomole. Secondly, out of the shared $20bn, the states only took away 45% while the FG retained up to 55% amounting to over $11bn. So kindly tell us if by your logic, it was also Amaechi and Oshiomole that squandered the 55%?

chudionu58:
Then what is the 'man of integrity' waiting for to remodel it's scope of work, specifications and it's corresponding costs!

Have you ever seen a person whom honey is put in his mouth and then he spits it out?... At a cash crunch period like this, you expect the FG to willingly take more financial responsibility even when the potential commuters on this route are not complaining? This has nothing to do with integrity bro, it's all about conscience. And if those directly affected aren't complaining, kindly tell me why 'man of integrity' should?

chudionu58:
I've not seen a reason such line of thought. Since the old bridge is permanently functional.

Bro this is not the first time we are having 2 bridges cross a single river. I strongly believe the reason the planned bridge was tolled was just for financial convenience, GEJ knew he would still be supported any day, any time no matter what he did, so he simply exploited this convenient route.

chudionu58:
As expected your write up lacks substance. How can you talk of exploitation when the old bridge is still there for use? Can you see how shallow you are? May we know if the two bridges are currently in use in Jebba? The second jebba bridge was built in 1989 and costs were considerably lower then; can that be compared to this modern democratic dispensation where legislative appropriation is very competitive, owing to soo much demands per time?? So, I repeat, any new bridge running concurrently with a functional old one.... Will be tolled!

Bro, let us be honest with ourselves, the decision to toll the 2nd Niger bridge was simply borne out of an 'exploitative' desire for convenience. It's like a case of a father serving his family meals without meat because he believes they would 'understand,' meanwhile this same man declares feasts for others.

Several people on here already complaining and asking for tenure elongation before they get to work. And then they blame OBJ and GEJ for asking for tenure elongation.

"Feasts are made for laughter, wine makes life merry, but money is the answer for everything" - Ecc 10:19

ANYTHING can be bought with money; after splashing N2.13Trillion on petroleum importers in 2011 alone, even the devil himself couldn't have stopped fuel from being available in those locust years. The situation has changed today; there is no money to splash around and the people in authority aren't willing to splash money (even if there was).

Worksunlimited:
Lolz.. The guy wey jump from bak cos im think say im be super-ted na im funny me pass...

He was actually succeeding o... Till he jumped for the last tym hoping to hit the ground running buh miscalculation whilst in the air made him land like humpty dumpty.... That fall was epic.. Kinda like the fall of the naira to the dollar..

Absolutely, dude was running away from calamity, but he ended up falling to a calamitous end.

N117bn or the reviewed cost of N130 may be high, but it isnt beyond what the FG can do, especially for a very important bridge that the SE has been asking for for decades. With the kind of support GEJ got from the SE, if we must be honest with ourselves, the decision to toll this bridge was a callous attempt at using and dumping the SE because he knew the zone was going to support him anyway. Even the Lokoja-Oweto bridge isn't tolled.

Blame me for being partisan about this or not, but the fact remains that, deep in my heart, I cant give the glory of this bridge to a GEJ who contributed N10bn, neither can I give it to Buhari whose govt would contribute N20bn; the glory for this project when completed goes to the southeasterners who would collectively contribute N100bn (and lots more as 'accrued interests' for 25years) from their pockets for this project.

But just keep watch till 2018 (when the bridge would eventually be completed) and you would be shocked at the comments from users of the bridge, who would protest, blame and insult Buhari for hating the SE by introducing the first toll gate in Nigeria on a simple bridge because the bridge is used 90% by Igbos. And while this blame would be heaped on Buhari, not a single blame would go to GEJ who would be hailed as the saintly initiator of the project while Buhari/Fashola would be roasted for introducing the tolls. I would bookmark this my very comment for reference.

fulanimafia:
Lai Mohammed seems grossly ineffective, he is a weak link in the chain. Probably he doesn't understand it himself, we need someone sharp, astute, convincing, charismatic and eloquent for that critical position.

Most of Nigerians vexation seems rooted in the fact that no one seems to know what's going on.

Absolutely, Nigerians have absolutely no clue about what is going on and this is 100% the government's fault. I'm sure if some explanations were made to enlighten the populace, some heat would be diverted away from the government.

Similarly in the forex scarcity issue, the government hasnt for once made any attempt to enlighten Nigerians on the reasons why the CBN as a matter of necessity, has to restrict the free distribution of forex, and the dire consequences of doing otherwise. If the CBN should assent to all forex demands, Nigeria's forex reserves would be wiped out in 3 months and the consequences of this are better imagined. I wonder why the FG/CBN hasnt come forward to enlighten Nigerians on this cos if they do, I doubt Nigerians would still be castigating the CBN for restricting the distribution of forex and killing businesses.

The information ministry obviously needs to sit up.

Now this is the first meaningful explanation I am reading regarding this fuel scarcity imbroglio. I think the ministry of information is in total coma and has failed totally in keeping Nigerians informed.