₦airaland Forum

EternalTruths:
Hope you have seen the NL thread were Nnamdi Kanu went to the wailing wall to pray again and this time around with an Israeli Rabbi.?

why do you want me to believe what is on nairaland without video when you insist on seeing the video where Israeli minister said Nnamdi Kanu was not in Israel.

Iamlibra:
Pls help me with the highway code cjocelyn50@gmail.com Thanks in anticipation

check your email

lipstick2:
I am interested o. Thank u. jikemeh@gmail.com.

check your email

Olamultiply:
Remeber to get your complete FRSC PAST QUESTIONS And ANSWERS in PDF for just #800.
Whatsapp this number to get it: 08033410339

I will give you the past questions and high way code free of charge. people like you are the reason Nigeria is at cross road.

engineerboat:
FG can’t fund budget 2018 unless assets are sold, says Ministers


• Selling Of Assets Will Mitigate Loans Burden
• No, Its Assets-Stripping – Enwegbara
Huge cost of servicing new loans amid poor revenue informed the Federal Government’s decision to dispose of 10 state-owned assets to select investors and the public between now and year end, in order to fund the 2018 fiscal plan.This clarification was given by the Minister of Finance, Mrs. Zainab Ahmed, and her counterpart in the Budget and National Planning Ministry, Senator Udoma Udo Udoma, who also argued that borrowings and the assets sale not only constituted strategic actions to funding the 2018 budget, but were in the overall interest of the country.

In the sale of the 10 ailing key national assets, two of which must be sold this month (Nicon Insurance Limited and Skyway Aviation Handling Co), the government is expected to earn the sum of $797m, that is N289b. A Director at the Bureau of Public Enterprises (BPE), Joe Anichebe, who revealed government’s plan to sell the outfits, informed that the privatisation agency had pledged to raise N306b to help finance the planned spending.

Apart from the Ajaokuta Steel Complex, which the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele equally identified as one of the assets penciled for disposal, other firms that are up for sale are in the power, aviation and insurance sectors.Earlier in July this year, the Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, also informed that some entities had been prepared for privatisation or for commercialisation.

He listed them as Afam Power Plant; concessioning of Terminal “B,” Warri Old Port; restructuring and recapitalisation of the Bank of Agriculture (BOA); partial commercialisation of the Nigerian Postal Services (NIPOST); and the restructuring/ commercialisation of six River Basin Development Authorities (RBDAs); partial commercialisation of three selected national parks and re-privatisation of Yola Disco etc.

In the 2018 Appropriation Act, the sum of N350b is expected from privatisation proceeds, and the BPE boss, Okoh had advised the Federal Government to reduce the propensity of loans accretion because of their high cost of service, and instead dispose of some obsolete assets to raise money for the funding of the yearly budgets.

The capital component for which vital assets are being sold to part finance, in addition to funds from borrowings in the local and international markets is N3. 133t, out of the N 9.12t the 2018 fiscal plan, which implementation began mid – June this year.Under the plan, nearly N2t is to be raised from borrowings from both the domestic and international markets to fund infrastructure captured in the spending plan for the year.

The Guardian recently learnt that the sum of N643b has so far been raised from the domestic market by the Debt Management Office (DMO) this year, and handed over to the Federal Government for that purpose. Speaking recently while on a familiarisation tour of revenue generating agencies, as well as, at the just concluded International Monetary Fund ( IMF)/World Bank Annual Meetings in Indonesia, Bali, Indonesia, Ahmed defended the approach adding that more funds outside government’s revenue was needed to make things happen because revenue has become inadequate.

Corroborating Ahmed, Udoma said: “The draft 2019-2021 Medium Term Fiscal Framework shows that Nigeria faces significant medium-term fiscal challenges, especially with respect to revenue generation. Thus, key reforms will be implemented with increased vigour to improve revenue collection and expenditure management. Achieving fiscal sustainability and macro-fiscal objectives of government will require bold, decisive and urgent action.”

One of those in support of the planned sale of government assets is a macro-economic policy analyst, Prof. Ken Ife, who equally sees the decision as sound and well-articulated policy under the government’s privatisation plan.

According to Ife: “The decision to privatise Ajaokuta Steel Complex is a wise decision because that complex remains one of the white elephant projects that we have in Nigeria. We need to look for a competent investor with a large war chest who can inject the needed funds to revatilise that complex so that it can play its role in the country, by providing the necessary steel derivatives for rail, auto, manufacturing, building and construction industries and the production of steel pipelines for the transportation of petroleum products thousands of kilometres away.

The advantage is enormous. You can’t beat it. All we ask is that government must this time around be cautious and careful in the selection to avoid a repeat of the situation that we are experiencing in the power privatisation programme, where DISCOsdiscos operators are still heavily dependent on government to supply them money, and are refusing to metre customers, preferring estimated bills, where they collect monies from customers indiscriminately.”

As far as development economist and public analyst, Mr. Odilim Enwegbara is concerned, what the government intends to do amounts to asset-stripping on the eve of the country’s general election, insisting that the government can still borrow more money both locally and internationally.

His words: “This administration cannot embark on a sale of a key strategic asset like Ajaokuta Complex when it has less than a year to end its tenure. It should wait until after election to do so, that is if it wins again. Besides, the executive lacks the power to sell such a critical national asset without the approval of the legislature, which I am aware, is making efforts to revitalise that complex.

“Again, another concern is that if the complex is sold under any name, it will be given away after government’s over $30b investment there. Let the government look for funds elsewhere to fund the budget because it cannot sell key national assets to fund one fiscal budget. What happened to the recovered loot that they got?”
.


https://www.guardian.ng/news/fg-cant-fund-budget-2018-unless-assets-are-sold-says-ministers/amp

PDP never sold national assets to finance budgets, Budget is simply a plan for future expenditure in line with your expected revenue / income , if you sell ajeokuta steel company to finance 2018 budget maybe Buhari will sell Aso Rock to finance 2019 budget. Nigeria is going south.

RockHard:
It is clear that Atiku is just trying to use restructuring to deceive people for votes.

what about osibanjo that has been championing the call for restructuring since 2000 that have suddenly dropped the idea simply because he is now in charge, Osibanjo even pursued the case up to the Supreme Court only to jettison the idea now he is the VP. hypocrisy every.

EternalTruths:
I don't take newspapers serious when compared to Video proof.


When I see the Israeli ambassador denying IPOB on TV, then will I believe.

since you do not take newspapers serious kindly provide a video proof of Isreal granting Nnamdi Kanu international protection. please.

[quote author=CilicMarin post=72440791]It Can Only Be One Buhari!

Sai Buhari Till 2023..[/quot

We are celebrating the purchase of Jets from Pakistan that is 13 years older than Nigeria, we should be ashamed of ourselves. South Africa is producing some of her military gadgets while Nigerians and their governments are celebrating the purchase of such weapons. SHAME!!!

Funnicator:
Olodo rapata you do ordinary comprehension for boarding school?

Na your type use sorting pass GST.

Austin Umahi only mocked the Igbo leaders in APC who continuously attempt to make in-roads into the SE for the party, with the promises of Igbo presidency in 2023 on the platform of APC.

He merely called them out and asked Ndiigbo to open their eyes and see APC is only playing them as they are also making same promises to SW APC.

He further maintained PDP is the party positioned to aid Ndiigbo attain their highest political position in the Nigeria political scene.

Product of Awolowo awoof education.

Thank you very much for educating him

EternalTruths:
Provide a video link of Israeli ambassador denying the existence of Kanu in Israel.

https://www.vanguardngr.com/2018/10/nnamdi-kanu-not-in-jerusalem-says-israeli-govt/


I will be most honoured if you could provide the video clips of Israeli government agreeing to provide international protection for Nnamdi Kanu .

gabinweb:
The government of Israel has formally grated international protection to the leader of the Indigenous People Of Biafra, IPOB, Nnamdi Kanu.

Recall that Kanu who was declared missing after the military invasion in his home town, resurface in Jerusalem last week.

He, however, during his broadcast, said that he “owe his survival to the state of Israel.”

Read more>>> https://expresgist.com/2018/10/25/breaking-israel-formally-grants-kanu-international-protection/

how can Israel grant him international protection when Israel have told the world that Nnamdi is not in Israel. you guys and cheap talk.

nonso686:
You can't predict nps. In this particular recruitment, nps will surprise you people.

I pray it happens sooner.

nonso686:
When do you think camp will open? Thanks.

you have started asking of camping when they have not even concluded the recruitment exercise.

ruchinna:
Please , I need NPS past question. Help a sister,Thanks. ruthney80@yahoo.com

have they started?

Omololu001:
It won't stop you from atikulatig, but buhari will have more than 40% of the vote in ebonyi state

It's not possible

it is impossible for you to stop police from collecting bribe. I'm beginning to suspect you.

Elvidence:
Jmonas pls sent to me. Thanks in advance Devidenceworld@gmail.com

check your mail

missingribs:
Pls can you forward to my mail box too.... lonelyfinegal@gmail.com.

check your mail

Feezabicrown:
Bro, abeg, I need the PQ too. thanks, God bless.
feezabicrown@gmail.com

check your mail

jmonas:
Pls I need pure federal fire service question. Send to my mail pls. Isaiahjilemonah@gmail.com

check your mail box

kayteajay111:
People without invitation letter are here in AKURE centre. The population of combination of two states as at now is not up to a local govt during FRSC screening.

#fromakurecentre.

they shortlisted the number they want to take, unlike FRSC that invited people to come and waste their time when it's obvious there are not going to take much.

globemoney:
First Atiku reneged on an agreement reached by SE leaders and then he went on to pick a candidate based on recommendation from Nyesom Wike in the SS without consulting our leaders.
Atiku does not understand we have leaders in the SE, if he thinks he can win the SE without the support of SE leaders then he is simply dreaming.
To make matters worse, Atiku picked as his running mate, an enemy of the Anambra State government makes me to wonder if Atiku really wants to be president. All SE governors are also rejecting Atiku’s running mate.
With the SE where he should have 80% of the votes now divided, Atiku may have lost the election before the election

@OP SE people /Leaders are not against Obi's nomination , there are few bad eggs that are using the consultation to put their own personal demands. The meeting they had ended in deadlock because the bad eggs could not convince the majority to reject Obi. The more consultation this politicians make, the more demands from some selfish individuals.

SenatorBudoma:
Nigerian soldiers numbering over 200 were invited into Anambra State in June 2006 by Governor Peter Obi and in the process murdered estimated 5000 innocent Igbos in the guise of rooting out MASSOB agitators. This was done with the ever gleeful support of ex-president Obasanjo in the infamous operation ‘Shoot-at Sight Order’.

During these periods that spanned till early 2009, Nigerian soldiers were on rampage at Onitsha, Nnewi, Oba, Ihiala and environs shooting, killing, and maiming anything that has a suspicion of being MASSOB. As the shootings were going on, real MASSOB members escaped into various dens while stranded travelers, unsuspecting trader and residents were branded MASSOB and shot. By the time the exercise was over, estimated 5000 people were killed and the affected families took the remains of their relatives and buried quietly to avoid being killed too by the rampaging soldiers. All these wickedness was at the behest of an APGA Governor claiming to be a follower of ex Biafran leader Odumegwu Ojukwu.





[url]247ureports.com/2015/11/murder-of-5000-massob-members-igbo-mandate-congress-accuses-obasanjo-peter-obi-and-achike-udenwa-of-genocide/[/url]

the opposition/ruling party is seriously looking for something against this man

aze:
We don't want a Biafran VP with Ethnic based Agenda.

Igbos see APGA as Igbo party the way they saw ACN as a Yoruba party, ACN was only popular in the SW just like APGA is popular in the East.

EvilMetahuman:
why would they do that? They didn't need SE support in the past, why would they care now?

2015 is different from 2019.
in 2015, Buhari was the only contestant from the North almost all the northern votes went to him,
he sold integrity and war against corruption but in 2019, Buhari has no integrity and anti corruption war to sell to Nigerians because we know better. For Buhari to win he needs votes from all the southern geopolitical zones. Some Yoruba people that took bullets for him in 2015 are no longer ready for such in 2019.

CityNGR:
That's why Buhari is better. He never canvassed Igbo votes

I suppose you are not in Nigeria for you to have said that Buhari never canvassed for Igbo's votes.

Theresa May said that Nigerian Government can not be trusted with recovered loot because they money that was returned have been re-looted by the progressive looters.

CityNGR:
You are on your own sir! I can never ever vote for an Igbo.

But you want an Igbo man to vote for buhari /osibanjo, when they shout "Biafra we stand" you insist the remain in Nigeria. what a hypocrisy .

wandevincent:
lets wait and see if they will make amendments that will enable us print the invitation letter

are they still sending SMS?

integrity in action.

OBJ is good at pointing out people's flaws but he has never said his own flaws, some of his own is greed and arrogance.