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Nairaland Forum / Ofido's Profile / Ofido's Posts
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Crime / Re: NDLEA Destroys 77.82 Hectares Of Indian Hemp Farm In Osun by Ofido(m): 4:45pm On Jan 20, 2018 |
Nigeria is just a crazy country, no body thinks outside the box. Imagine a whole 77 hectares of Indian hemp farm destroyed? For what nah? Why not d Govt takes up the farms management and start exporting the hemp, soo many countries has it legalized |
Jobs/Vacancies / Re: Npower ANAMBRA.. Let's Meet Here by Ofido(m): 6:24am On Dec 01, 2016 |
Add me up on the watzapp group for N-POWER Anambra |
Politics / Re: Fashola, Buhari And An Administration Bereft Of Ideas. By Reno Omokri by Ofido(m): 4:26am On Nov 15, 2016 |
Politics / Fashola, Buhari And An Administration Bereft Of Ideas. By Reno Omokri by Ofido(m): 4:26am On Nov 15, 2016 |
Just two days ago on the 11th of November,
2016, Raji Fashola, Nigeria’s super minister
of power, works and housing, who is more
famous for spending ₦78 million on his
website in 2014 (an amount then worth
$500,000) said that the 7% GDP growth
Nigeria enjoyed under the Jonathan
administration was solely the result of high
oil prices rather than any policy of that
administration.
Said Fashola, “I say this in the context of
those who are tempted to lay some claim to
any form of credit about why our economy
was growing at seven percent for almost a
decade, and I say very very clearly, without
mincing words, that I don’t think that
anybody can fairly lay claim to any economic
policy that drove that growth.
“It was growth that was driven by high oil
prices. If we agree that infrastructure is the
driver of growth, when you get high oil prices,
what do you do with it? So, where are those
towers, where are those bridges, where are
those highways?
The only part of the above statement that is
true is the part where Mr. Fashola says “I
don’t think”. Yes sir, you do not think.
Because if you did you would know that the
oil and gas industry, by the admission of
even Mr. Fashola’s boss, President Buhari, is
only 15% of Nigeria’s GDP. This fact which is
well known to Mr. Fashola is also
corroborated by the World Bank and the
International Monetary Fund.
So yes, high oil prices would have a positive
impact on the Nigerian economy but it cannot
be the sole reason why we enjoyed 7% GDP
growth under President Jonathan.
After all during former President Olusegun
Obasanjo’s eight years in office oil price was
very low and were below $20 for a while yet
that Peoples Democratic Party government
did not deliver excuses, instead, they delivered
consistent annual 5% GDP growth.
Going by Mr. Fashola’s logic, the present
administration which is enjoying an oil price
that is presently $45 per barrel ought to at
least match President Obasanjo’s record. But
here we are, at a recession.
You, see, the truth is that no matter how high
oil prices are, if you do not have sound
economic policies, you cannot have economic
progression.
So what are the economic policies of the
Jonathan era that drove Nigeria’s massive 7%
GDP growth year in year out while Jonathan
was on the saddle?
What is beneath the ground cannot make a
nation great. The only way a nation can be
great is by what is between the ears of her
people. Educating the citizenry is the fastest
way to achieve economic growth because
education makes you GROW through life
while illiteracy makes you GO through life.
President Jonathan began the practice of
giving education the highest sectoral
allocation in the budget.
In the 2011 budget, N306.3 billion was
allocated to education, in 2012 N400.15
billion, in 2013 N426.53 billion, in 2014,
N493.2 billion and in 2015 N492. 34 billion
was allocated for education.
Never in the history of Nigeria has any
government consistently shown such
commitment to education.
Such was President Jonathan’s commitment
to education that even though primary and
secondary education is the preserve of the
states, the federal government intervened to
reduce the 10 million children out of school in
Northern Nigeria by building 165 brand new
almajiri schools.
By building 12 new federal universities and
165 almajiri schools and renovating 507
additional secondary schools all over Nigeria
through the Universal Basic Education
Commission, the Jonathan administration not
only increased access to education, the policy
also had the intended side effect of putting
hundreds of thousands of youths to work
which stimulated the economy and
contributed to GDP growth.
Another policy of the Jonathan administration
that added to GDP growth was his deliberate
effort to expand access to opportunity
through the YouWIN program. The Youth
Enterprise with Innovation in Nigeria
(YOUWIN) scheme was a business plan
competition that provided training and
funding of between $6000-$80,000 to youths
to start or grow existing small, medium and
even large scale businesses with the proviso
that beneficiaries were to compulsorily
employ other youths.
Mr. Fashola may also want to have a chat
with the GIS Project Director in the Ministry of
Finance, Mr. Dennis Chukwu, who revealed in
Lokoja, Kogi State, on the 5th of September,
2016 during the Career Development and
Entrepreneurship Skills Training for
beneficiaries of the Graduate Internship
Scheme that the GIS scheme had benefited a
total of 41,000 Nigerian graduates during the
Jonathan administration by giving them the
opportunity to earn experience and money
that put them in good stead to either start
their own businesses or get employed at a
level that they would not have been qualified
for had they not had the opportunity provided
by the GIS.
In 2010 President Jonathan Promised to
Revive Nigeria’s Railways. By 2012 The
Nigerian Railways Corporation began
operating a Lagos to Kano service at the cost
of just ₦1500. In 2013 rail lines were revived
from Lagos Port Direct to Kaduna. By 2014,
the Enugu-Port Harcourt lines were revived
along with several others including the
Makurdi-Port Harcourt rail.
By 2015, the Abuja-Kaduna rail which was
recently commissioned by President Buhari
was completed BY THE JONATHAN
ADMINISTRATION!
Not only did work on these projects provide
jobs to tens of thousands of Nigerians, by the
time they were finished these rail lines eased
transportation of goods and services all over
Nigeria.
Mr. Fashola, this was a policy that added to
our GDP growth.
On April 23, 2010, President Jonathan signed
the Local Content Law, that he had promoted,
into law. This law had the effect of forcing
the oil majors in Nigeria to employ only
Nigerians for certain specified jobs in the oil
industry and to use only Nigerian contractors
for certain contracts.
Because of this law, Shell Petroleum
Development Company awarded its first ever
deep pressure pipeline contract to an
indigenous Nigerian company, SCC Nigeria
limited to the tune of $50 million in 2011.
Total also awarded a multi-million
dollarcontract to Nigerdock, an indigenous
firm, to fabricate platforms and top sides for
its off shore operations.
When Nigerdock delivered on the project in
June this year, the Executive Secretary of the
Nigerian Content Development and Monitoring
Board (NCDMB), Mr. Patrick Daziba Obah said
“I am proud to say that this laudable
achievement is a direct result of the
enactment and implementation of the
Nigerian Oil and Gas Industry Content
Development Act of 2010 and the
overwhelming support that the Government
has given and has continued to give to the
development of Local Content in the Oil and
Gas industry”.
This is another policy that led to the steady
GDP growth of the Jonathan era.
In agriculture, the Jonathan administration
has a policy known as the e-wallet policy fir
fertilizer distribution which cut out the middle
man and sent texts to farmers on where to
pick up fertilizer after payment was deducted
from their e-wallet. The administration also
banned the importation of rice an act that
attracted Olam Farms to come to Nigeria to
build the largest rice mill in Nigeria in
Nasarawa state. Olam farms invested $130
million in the Nigerian rice industry.
Because of these policies, Nigeria’s food
import bill reduced from ₦1.1 trillion in 2011
to ₦648 billion by 2012 (the figure has now
skyrocketed back to pre-Jonathan levels
because the Buhari administration reversed
Jonathan’s ban on rice importation for
reasons best known to it).
Another policy which drove GDP growth under
Jonathan was the policy of 70% Tariff on
imported cars to dissuade Nigerians from
continuing to spend $3.4 billion annually on
importing foreign cars.
This policy forced Nissan, Kia and Hyundai to
establish assembly plants in Nigeria for the
manufacturing of partially made in Nigeria
vehicles. President Jonathan ordered federal
government ministries, departments and
parastatals to patronize these vehicles along
with cars made by Innoson motors.
This policy had the effect of attracting over
$150 million foreign direct investment into the
Nigerian automotive industry and prevented
hundreds of millions of dollars from leaving
Nigeria to purchase imported cars.
Time would not permit me to talk of the
Nagropreneur program or the fact that under
Jonathan not only did CNN Money project
Nigeria as the world’s third fastest growing
economy but that the United Nations
Conference on Trade and Development
named Nigeria the number 1 destination for
foreign direct investment in Africa.
I also would not have the time to write about
how the Jonathan administration added 1.3
million jobs in 2013 alone (per the National
Bureau of Statistics, the same agency that
revealed that Nigeria lost 4.58 million jobs in
the first year of the Buhari administration).
So, in conclusion, no Mr. Fashola, high oil
prices may have contributed to GDP growth
during the previous administration but it was
ideas that drove growth under Jonathan and
it is lack of ideas not low oil prices that is
stifling growth under President Buhari.
This is more so when you consider that US
President elect, Donald Trump, has not even
been sworn in, yet today, he named some
members of his cabinet. That is real change,
not the reverse change promised by someone
who waited for six months after historical swearing
in before naming his cabinet consisting of an
Agriculture minister who studied French and
other misfits! That is what is to blame for
your recession Mr. Fashola. That and not low
oil prices.
Reno Omokri is the founder of the Mind of
Christ Christian Center in California, |
Agriculture / Farm Attendant/manager Position Wanted! (location Is Ufuma In Anambra State) by Ofido(m): 12:53am On Aug 09, 2016 |
An experienced farm attendant /manager is wanted. Farm is located at Ufuma Anambra State. All we need is someone who has experience, that is someone who can take care of poultry and other animals. Certificates in Animal nutrition, Animal science or vet medicine or any related course is an added advantage. Accommodation in d farm is free and salary is above N40,000 for a start. Watzapp or call me on 08034903207 |
Romance / Re: Nigerian Woman Buys G-wagon For Boyfriend To Say 'I'm Sorry' (photos) by Ofido(m): 5:30pm On Jul 27, 2016 |
I can bet wit everything I have that this is a cooked up story.... Where is d babe that the g wagon was bought for? Why is she not excited opening the car and tryna snap inside and around the car? Where is d guy who supposedly bought the car,? We need to see him handing the car keys to the girl and probably opening the car doors for the girl..... Why only a piece of paper that poorly written I love you,.... Am sorry show cased to us?.... You know pple think all Nigerians are gullible but we are not. Think my people think! |
Agriculture / Re: Help: A Nailanders 2,000 Capacity Poultry Farm Destroyed By Rain Yesterday(pics) by Ofido(m): 4:41pm On Apr 15, 2016 |
More pics
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Agriculture / Re: Help: A Nailanders 2,000 Capacity Poultry Farm Destroyed By Rain Yesterday(pics) by Ofido(m): 4:27pm On Apr 15, 2016 |
More pictures 1 Like
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Agriculture / Help: A Nailanders 2,000 Capacity Poultry Farm Destroyed By Rain Yesterday(pics) by Ofido(m): 4:20pm On Apr 15, 2016 |
Am sending an SOS to all well meaning Nigerians, Govt./Agricultural Support agencies, private sectors, all nairalanders and especially the Govt of Anambra State my state to plz come to my aide. My 2,000 capacity poultry farm was yesterday completely pulled down by rain/wind. All the birds, the feed I stocked and almost everything is in total ruin. I have been thrown in a state of confusion since yesterday. Your moral, physical and financial support will be well appreciated. The farm is located at Alulu Nsugbe in Anambra east local government of Anambra State. Numbers to call or sms are +2349082961855 or 08034903207. Attached are the pictures. 1 Like 1 Share
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Agriculture / Re: Foreign And Local Turkey: Day Old, One Month, Two Months E.t.c For Sale by Ofido(m): 11:32am On Dec 06, 2015 |
Pics
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Politics / Hypocrisy Is When Nothern Governors Are United Against Ipob But Silent On Boko by Ofido(m): 7:46pm On Dec 05, 2015 |
I jst learnt that nothernothernnors had a meeting and condemned the peaceful protest by the indigenous people of biafrabiafra) ipobhas not for once risen up en masento condemn and pass a communique against the dreaded boko haharamerrorism. That is hypocritical hypothesis hypothetically hypocrism of the highest order. Have ur say 2 Likes 1 Share |
Agriculture / Foreign And Local Turkey: Day Old, One Month, Two Months E.t.c For Sale by Ofido(m): 2:59pm On Dec 04, 2015 |
We are Grace and mercy of God group of farms. Our poultry farm is at Nsugbe Anambra state Nigeria. Presently we are into foreign and local turkey production and sales. Call us on 08034903207 for your day old foreign turkey and local turkey. One month, two months, three months even to a year turkey, both foreign and local turkey. |
Politics / Anambra Closed Down For Biafra by Ofido(m): 2:21pm On Nov 06, 2015 |
Happening now: All mkts in Onitsha and Anambra state was today closed down in support of the one million man match as organized by Biafra aggitators. Even Onitsha main mkt, headbridge mkt etc are currently closed. |
Politics / Re: Breaking News: Apc Picks James Faleke As Kogi Dep Gov Candidate For Kogi by Ofido(m): 9:09am On Sep 13, 2015 |
The question is "is he a registered voter in lagos and also registered in kogi? That is double registration. |
Business / Dangote Cement For N1,000 Advertised Online Fraud Or Real? by Ofido(m): 11:33am On Aug 28, 2015 |
Dear nairalanders, I keep buying cement here for N1,800 sometimes above but anytime I read newsvanguarduard online at the comment sectpplepple keep posting that u can dangoyegoye cement with them for N1,000 or even below if u are buying above 200bshldthat u shld contact them. Plz has anyone bought cement for that amount wit them or Benefited from the biz and how genuine and truthful is the transaction? |
Family / Re: I Have A Word For Many Young And Mature Girls This Morning With This Pic. by Ofido(m): 10:13am On Jul 26, 2015 |
ONLY ONE FEMALE HAS MADE A COMMENT SO FAR.... WHERE ARE THE LADIES? |
Agriculture / Re: Beginning A Small Scale Snail Farm by Ofido(m): 12:18am On Jul 07, 2015 |
amobyk29: My man am interested in snail farming, I also stay in Anambra, have my poultry farm in Nsugbe wit enough space. Lets watz app on 08034903207 |
Phones / Re: What's Your Favourite Internet Data Plan From A Nigerian Mobile Network? by Ofido(m): 8:02pm On Jul 06, 2015 |
Kirinwa: Plz does d 3gig work on Android, plz do lemme know on 08034903207, watzapp |
Politics / Re: Tam David-West: Why I Won’t Reject Buhari’s Ministerial Slot Offer by Ofido(m): 10:30pm On May 08, 2015 |
The same man that said fuel can be sold at N40 naira per liter after two day turns around to say he didnt say soo.... pure one chance |
Phones / Is Whatsapp Currently Down? by Ofido(m): 9:59am On May 08, 2015 |
Is whatsapp currently down or is it my airtel network or is it because I jst downloaded the so called new version of whatsapp? plz anyone experiencing same? |
Celebrities / Re: Divorce Saga Gets Messier As Abigail Igwe Takes John Fashanu To The Cleaners by Ofido(m): 5:48am On May 08, 2015 |
The same way she ran out of her first husbands house. Over pretty women been getting issues since time immemorial 1 Like |
Politics / Re: We Used Almajiris To Vote Out Jonathan – Kwankwaso by Ofido(m): 2:53pm On Apr 14, 2015 |
Na wah oooo... Same Almaejiris that he built schools for? This northerners are unbelievable 6 Likes |
Politics / Re: #NigeriaDecides2015: Presidential/National Assembly Election Live Updates by Ofido(m): 11:56am On Mar 28, 2015 |
BookWorm18: GEJ, the wife and mother ve been accredited. Here in Anambra Idemili South Local Govt area.... am presently in awka-etiti ward 1, no card leader is working in all the pooling unit. |
Agriculture / Re: My Backyard Cucumber With Pictures by Ofido(m): 11:41pm On Mar 26, 2015 |
Following bumper to fender... Oga Jasper are u back to owerri? also plz send me link to that ur cucumber to be planted in sack bags@jasper |
Agriculture / Re: Anambra Farmers, Let's Meet Here by Ofido(m): 6:24pm On Mar 15, 2015 |
Mercilixious babe... jst like someone told me a time ego and i discovered its true.. the guy said and i quote "if u really wanna start a fish farm and survive, u must as in very important learn how to do hatchery first of all". And seriously fish hatchery things is not that a big deal if u see someone to train u on d basis. me i wanna learn it also. |
Family / Re: Will You Allow Your Wife Use intimacy gadgets When You Are Away? by Ofido(m): 9:04am On Feb 24, 2015 |
On d condition that she will also allow me to use men intimacy sexual dolls..... i saw one d other day and d shape of the ass is soo on point and i heard it rubricates wella... lol |
Politics / Re: What Obasanjo Really Tore Up - Abimbola Adelakun by Ofido(m): 11:09am On Feb 19, 2015 |
OBJ is not morally just to criticize GEJ in any way. if not for anything GEJ has allowed elections to be held free and fair in his time. durin OBJ's tenure, who has anyones vote ever counted? he wil jst stay in the villa and decides who wins election and he has the mouth to talk now... rubbish |
Agriculture / Re: Another Million Naira Cucumber Experience Picture Diary. (YOP1 PROJECT) by Ofido(m): 11:46am On Jan 19, 2015 |
Welldone guys.... Mercilicious, world1 got some bush meat hope u accept from him... one love |
Family / Re: 10 Things You Should Never Do To Your Wife. by Ofido(m): 5:38pm On Dec 01, 2014 |
OYa the hubby version |
Agriculture / Re: For Loan Inquiries by Ofido(m): 6:28pm On Nov 16, 2014 |
plz do outline the reguirements.... hope its not this ones that they will tell u to pay 15k for registration |
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