₦airaland Forum

If Buhari messes up ,and I believe that he is probably Nigeria's last chance ,Lai Mohammed will be very useful in the liberation movement.
Fashola ,Lai Mohammed are skilled at what they do and they will useful regardless of the way things go.
I've never been as keen of Nigeria as most others because I'm a realist .
The problems are staring at you in the face .
With desertification up north , civil strife ,climate change resulting in fresh water shortages, over population resulting from high birth rates from other parts , the time to leave Nigeria is now because many of those problems will land in the SW pot .
Nigeria's future is bleak just from a socio economic point of view alone . That is before we consider the socio political issues

Unfit to serve . That is assault right there and it is a criminal offence
Sack them all.

When are we going to get an ifa temple ?
They should remove the church and the mosque from aso Rock .

Smh
Right In the middle of a humanitarian crisis?
Heartlessness,stupidity, cluelessness and corruption all rolled into one.
Were these not the traits exhibited by the NE inbred criminal elites which led to the emergence of terrorist groups.
These men do not give a fucck about their own people . Why should I give a toss in the SW ?
No less than a million refugees from the Boko haram crisis in Lagos alone. Before we start counting those in Ibadan
Honestly speaking , I would rather have my little corner of the map be separated from the rest (and that includes the SE and non familia parts of the SS and NC ).
How long can we continue with this charade?

Many area boys are not even Yorubas and the agberos in that ojo alaba axis are from the southeast . Take a trip to any Lagos police station in the middle of the night and see the number of 12 - 15 year old kids ( orphans) who are arrested every night . Many of them sleep rough and the little girls survive via prostitution .
At a certain point in future the leaders of the southwest would have to call a council of all Yoruba nation to discuss what Is becoming more and more an humanitarian disaster in the SW.
The Lagos where I was born and lived all my life has become a lawless place where you cannot raise your kid .From A place where doors were never locked to a place where you have to scurry into your home at 5 pm .

Why did he not tell Jonathan this story when he was busy looting the country to death .
A food for thought for those who hang one Nigeria on their neck though .
Nigeria is doomed the way things are right now .

Drip , drip , drip
Sack them all.
The civil service is full of those who got their jobs because of nepotism and corruption.
That culture of impunity comes right from the top

Ok . Wrong headed policy .
The kids should be allowed into school.
Tax sensitisation is exactly what ACN should have done since 2005.
As long as SW politicians refuse to forcefully push for derivation , regionalism or true federalism , States like Osun will continue to suffer .
What is coming out of the SW in terms of non oil revenues dwarfs what is coming back in terms of allocation . In fact , the SW is being cheated .
From 3 or 4 regions to 36 states , the SW share has dropped from 1/3 to 1/6.
In spite of this , a substantial part of the budgets goes towards fending for immigrants from other regions .
the idea that everything is free ,including education and health , is one of the biggest misconceptions.
Things can only be free from the point of use but some one has to pay for it beforehand .
The lack of numeracy makes everyone think 3 billion naira allocation amount to much.
It is nothing compared to the government's responsibilities.
If people refuse to pay taxes , then how is a government suppose to function .

NURTW power tussle I guess.
Fighting to collect money which ought to be going to the Local government.

Being proved right for voting Buhari day by day.
From 6 marketers unders obj to over 128 corrupt companies under Jonathan .

mightycrown1:
truly most of what we are enjoying presently is what the past government put in place but what is the value of the money that is released without proper follow up? most thanks go to baba because his presence is what is making everything to be working like magic. in fact that is the change we want.
sai baba

What did Jonathan put in place?
At least I remember umaru doing some surface dressing and augmenting what obj did .
Buhari took off from where obasanjo left the country's power sector. Simple
Almost every single megawatt was paid for or built by obasanjo .
Is it popolanto or geregu ?
Is it omotosho or afam?
Is it the conversion of Egbin thermal from coal to gas?
Are you talking about the upgrade of the turbines in kanji , and shirroro?
Even the state owned power projects like Enron , rivers and Akwa Ibom IPPs were built during obj tenure.
Maybe Jonathan was the president in 2003 when obasanjo bullied the governors to allow him spends some of the excess crude account ( about $5 billion ) on building the above .
No matter how often you tell your lies to convince yourself that your man was a success .
The verdict from the world still remains .
Jonathan was a mistake and colossal failure which should never have happened

Thanks for educating Nigerians about how Ngozi (a graduate of agriculture) sold her birth country to the sharks.
A resource rich country like Nigeria has no business patronising the international bond market or to be manipulated by the dictatorship of the IMF and world bank .
They have set the trap by coming in and artificially inflating the true worth of the economy. They have milked it ,. All that remains is to go for the kill by pressuring Buhari to devalue . The masses be damned.
south Korea , China and all the other countries that moved from third world to first /second world status did so by developing homegrown solutions.
They also invested so much money into technical education,major infrastructures , power plants , steel plants , machine tools etc .
Rather than allow the naira to be attacked by speculators, it is better to ban some imports that can be sourced locally.

Haha .
I do not know this Ali guy but I wish him best of luck.

erunz:
Remember when AMECHI SAID, HE COULD NOT CONSTRUCT ROAD, BECAUSE IT WAS RAINING, BUT HERE IS A WIKE, WHO IS SO FAR THE BEST GOVERNOR CONSTRUCTING ROAD DURING THE RAINING SEASON. JULIUS BERGER IS ALSO BACK TO REVERS

And governance and the future of generations unborn is all about minor secondary roads alone abi.
In 10 years time.......
Greater port harcourt city alone show those who can see beyond their noses and those who can't .

Lawlessness everywhere

Nigeria is suffering from the result of the tailwind of Jonathan's administration of reckless mismanagement, heartless looting and artificially inflated economy as a result of high oil prices .
The Nigeria economy is gradually adjusting to it real level .
An economy that imports almost everything and makes nothing . With a bloated inefficient and incompetent civil service , it will take a lot of courage for buhari to get it right .
First item for buhari is to dismantle the bondage of the international bond market controlled by western investment banks ,and to whom Iweala has sold the country .
Market/currency Manipulation and speculation ( an socially useless and economically reckless activity ) is one of the ways those investment banks make money to feed their end of the year bonus bonanza .
They make money when things are going well , they even make more money when things are going really bad .
The whole set up is to feed on your blood until you die .
Nigeria should live within her means and should only borrow money to build some strategic national assets like Power plants , Steel mills etc and this should not be done through any entity controlled by these banks .

If you are interested , you can read about their typical racket here.
http://www.rollingstone.com/politics/news/looting-main-street-20100331

Abacha's crew , Jonathan's crew .
No difference.
Apart from one or two people , a list of the 2 regimes placed side by side will show a perfect match.
Perfect match of the looters in both administrations.

The Nigerian police force is not fit for purpose .
They should just pack up the police force and turn it into a state police .
Only fit for finding "who stole mama mukilat goats".
Send all of them officer back to their state of origin and set up a new federal police with the required knowhow .

Idiotsss are jamming instead of triangulating the frequency they are using .

Overrated
Over populated.

Those days were actually the good old days.
the main difference being , things were looking up and everybody thought that, tomorrow for them ,will be better than that of their parents.
I vividly remember starting 5 - 10 hr journeys in the middle of the night without seeing any police checkpoint on the way . Every town seemed to have had a buoyant
Night life .

Ill - concieved and badly funded projects. 184 roads at the same time.
I am sure they have paid 200% mobilisation on paper and pocketed most of it.

Great project in the best location

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Nigeria raises $1bn in international bond sale
By Robin Wigglesworth

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Nigeria has raised $1bn through an international bond sale despite higher borrowing costs in the wake of market turmoil caused by the US Federal Reserve’s plans to end quantitative easing.
Africa’s most populous country issued $500m of five year bonds and $500m of 10-year bonds, at a yield of 5.375 per cent and 6.625 per cent respectively, below the initial guidance by bankers. The overall order book was just over $4bn.
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“Investors aren’t as desperate for yield as they were, so we won’t see the massive order books of the past in the near future, but there is still strong demand for good stories,” said Nicholas Samara, a banker at Citigroup, which is working on the deal.
Nigeria is rated BB- by both Standard & Poor’s and Fitch Ratings, well below investment grade, or “junk”, but many investors are enamoured by the rising African powerhouse. Capital Economics expects that a revision of Nigeria’s gross domestic product data due next year will confirm that it has overtaken South Africa as the region’s biggest economy.
“There is some nervousness [on emerging markets] and this was a week of relative stability,” Ngozi Okonjo-Iweala, Nigeria’s finance minister, told the FT. “If we look down the road we might see liquidity flow out of emerging markets.”
Nigeria first tapped international debt markets in January 2011, whetting investor appetite for African debt. Since Nigeria’s debut, Angola, Zambia, Namibia, Tanzania and most recently Rwanda have all issued inaugural international bonds.
The yield of Nigeria’s debut bond fell to a low of 3.64 per cent in January, but jumped to a peak of 6.24 per cent in late June, after investors were rattled by the Fed’s plans to reduce its bond-buying this year and end the QE programme altogether in 2014.
Bankers took Nigerian officials – led by high-profile finance minister Ngozi Okonjo-Iweala - on a one-week roadshow to meet investors earlier this month, but the turmoil delayed the bond sale.
Some calm has returned to bond markets and Nigeria’s 2021 bond yield fell to 5.74 per cent on Tuesday, spurring Citigroup and Deutsche Bank, the bond’s two bookrunners, to announce the deal to investors.
Investors are anxiously awaiting US employment figures out on Friday, given that the strength of the data could influence the Fed’s plans. Bankers say robust job growth could encourage the Fed to end QE, but rattle bond markets and make further emerging market issuance difficult before the summer hiatus.
“Ngozi’s leadership in pulling the trigger on this in a window in the turmoil was tremendous,” said Jay Collins, a senior banker at Citigroup.
Nigeria intends to use the proceeds of the bond sale to finance infrastructure investments, particularly in power generation, as the country suffers daily blackouts due to an electricity shortage.
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WombRaiders:
Your useless Odua region relies heavily on bonds even more than the federal govt.

Go and preach that nonsense sermon to your gbesse governors first.

Western region depends on local bonds . It is iweala who went on international bond borrowing binge on behalf of the federal government and to fund invisible infrastructure no one can see

expressglory:
In Ekiti,rentage of an average shop costs N2,500-N5,000.And you say paying N3,000 as MONTHLY levy is okay? Haba!!!

Whether rents cost N1 or cost 1 million naira does not matter . If you cannot make enough sales to pay council or state rates of N3000, then you should not be in business.
You would have been be a stark illiterate today if not for those who paid rates in the western region.
The people of the Niger delta are paying your taxes for you in terms of polluted land and criminal infestation today.
If oil does not exist , how exactly do you expect the government to function. How and who will pay the teachers , build school and r road

Get out of the damn bond market.
Nothing but a imperialist instrument of control.
Nigeria and Nigerians should learn to live within their means.
Those bonds are simply another form of those stupid loans shagari took in the 80's .
A small jolt in the oil market automatically leads to a massive increase in yields .
Live within your means simple .
Stop importing crap and stop allowing others to dump crap into the economy .
Start from textile - prevent second hand clothes
Then to construction- stop awarding contracts to Lebanese , Syrians etc
Get out of WTO or at the very least , ignore their rules because it does not serve us . We basically make nothing and most western countries use one excuse or the other to bar the few exportable Nigerian products

The first sensible thing he has done . N3000 is not heavy tax . If you cannot pay N3000 tax for owning a shop ,then you should not own one . Rather have 5 tax paying shop than 1000 paying nothing

stickncarrot:
Your hatred for GEJ is speaking out. Why don't you cure your imbec1le in charge of his hallucination and bigotry? Am glad the slowpoke has divided this country the way that GEJ have never done before.

President of a country that divided his country into 95% and 5% . You think he shouldn't be given an award of bigotry?
The economy that GEJ left at 12% growth has been reduced to 1.5% with threat of discontinued indexing by J.P MORGAN just how many months under BUHARI the failure and you have the got to say trash by GEJ.


The day you know that BUHARI lacks every quality that a leader should have, then I will know that you can reason.

You cannot even comprehend your own post .
Read it again before writing crap

donc26:
"PDP is an Ijaw party and as such, let's give Dickson and PDP a chance for a second term. My reputation and that of my wife will be ridiculed if the opposition takes over Bayelsa"
There he goes again...always playing counter-productive ethnic card!

Same reason he was kicked out.

Preferably non Nigerians.

I read the chapel stuff and you knew that this man was talking crap