₦airaland Forum

freeze001:
I still maintain that incompetence, greed and corruption are the hallmarks of this administration. Getting things right ought to have started from picking his team early particularly for crucial areas. I certainly expected a complete departure from previous budgetary provisions and allocations which will reflect the reality of the current economic situation. Instead recurrent expenditure is increased even more eg Aso rock feeding expenses, state house hospital, VPs books and so on.

These already point at havin the same only worse this time than before. How can there be such low oil prices but the cost of useless frivolities were increased? If the extra 2 trillion added to give us a 6 trillion plus budget was strictly on justifiable capital projects I'd have been happier than seeing that recurrent expenditures were actually increased and are over bloated. Certainly doesn't look like a team including a president that supposedly believes that what is worth doing is worth doing well.

The reason for a ruling party to have majority members in the Legislature is to ensure fairly good synergy between the Executive and Legislature without one being in the pocket of the other. The inability of the APC to get its act together despite being the ruling party and in the majority only shows their hollow ideology and ineptitude. This budget is a clear marker of this.

The greed and pure lack of character is clearly displayed by both the Executive and Legislature and there's no denying it. Mr President cannot work alone and must learn to set up and operate a crack team with efficient team players. That individualistic streak like he's the most pure and incorruptible will be his undoing. He can no longer be a lone wolf, he has to run with the pack while retaining his distinctive alpha male status.

The problem comes from having faith in 'Baba' as a person, it will fail because he cannot singlehandedly achieve anything. He needs a team that understands and believes in whatever dream he may have which must translate to a better Nigeria. As it stands, APC is a bed if strange bed fellows with contrived camaraderie...that is why this budget marks his failure already.

WiseBully:
A Christian who doesn't do churches?

chukwudi44:
fake news by sahara reporters.Unless it is announced by the senator Anyanwu led committee.i refuse to believe this thrash from this Tinubu lapdog

chukwudi44:
If Danladi Umar disrespect the senate,then he has no reason to seek for respect from the senate president

LadyExcellency:
I am not speaking for Saraki or am I interested in the outcome of his trial/persecution.

Tell SERAP to get lost, Senate is an institution revered in every country and on no account should any riffraff or personality, no matter how highly placed attempt to bring it to disrepute.

This is how constitutional dictatorship starts and before you know it, we have a 30+ years regime like Zimbabwe.

If these onslaught against the Senate are not quickly checked, a dangerous augment/debate will ensue to deprive the NASS the constitutional mandate of impeaching Mr President according to the extant laws of Nigeria especially by those who invariably out of hypocrisy want Gov. Fayose impeached by all means.

Let's not support lawlessness in the alter of political persuasion. It breeds anarchy and war.

elmisti:
Bro, I hope so ooo, cnt wait for dis nation to be great...I cnt travel ooooo.....whether dey like it or nt.

elmisti:
Nice one, but for d sake of gaining smtn...pls dnt see me as a pdp or ipod yoot ( no offence to them )...am jst a concerned citizen nd I blv I knw more dan a lil abt political economics....let's jst talk like matured men who want d betterment of d nation!


#1- is settled

#2--logical but how practical ( d law of demand n supply set in too)...d more d demand for Yuan

#3-- is settled

#4--we av to agree it is the healthiest

#5--most tinz china sell to us can be produced locally. Ultimate aim should be local production sufficiency.

#6--hahaha....mke we leave am

#7---ease of trade makes importn simpler na, I see chinese cars making dier debut soon.Smile. You are right. That is where trade policy comes in. That importation is easy now should not turn Nigeria to a dumping ground of sort. I expect SON/CPC to become very active as soon as we notice this. But you are very correct. This is Nigeria.


#8--ah!...dey can devalue dier currency anyhw..alll dey need is a push from d pentagon

elmisti:
Very very clumsy write up filled with assumptions and fallacious elements!.....before u brand me a wailer....Nope am not a full time wailer but Nigeria-china..I will wail!

Here is my angle of argument



#1--Yuan is nowhere near the dollar and should never b compared to it...d distance is jst too far! No body is equating them oga. Yuan is still closer to Dollar than naira.

#2--Nigeria major export which is oil still sell with dollar. Nobody contend that sir. the currency deal is no trade abolition. We will continue to sell oil in dollars. We only desire a reduction in our over dependency on USD. Dollar is like the middle man between the producer(Yuan) and the consumer(naira). simple economics made us to understand that the elimination of middle men most time lead to reduction in the price of goods and services.

#3--No ntion can run away from dollar, even russia reserve is in dollars! We are not running. We are mitigating the effect of dollar on our currency especially since we need to diversify the base of our economy.

#4---why is Dangote getting his loan in dollars and not Yuan The measurement of world currency in USD. That does not make USD the highest currency or most healthy. The fact that a lot of economies trade in USD is one of the sources of its strength.

#5--70% of import from china is jst a number, u mean spoons, ceramics, fake electronics nd co Our exchange of oil with netherlands beat the price of our exchange with china in a year!. The quantum of spoons, ceramics, fake electronics and co from China in a year is massive enough to affect our foreign reserve negatively. The common man is more interested in his basic needs than those luxury goods from the west. We sell oil to netherland and receive inflow, we buy things from china which leads to outflow. The effect on naira is never and will never the same.

#6--Even if they try to twist their way out of dollar, what of gold?? Dont go there oga, it is a topic for further discussions.

#7---If china keep filling our market with their goods...what happens to our own local industry Currency deal is not trade deal sir! the trade policy has not change. The quest to industralised the economy has not change. We have been importing from china and we will still continue to the point where we are self sufficient. Investment in production and infrastructural capacities in exchange for raw materials and mineral resource is at the fore front of this economic relationship between China and Nigeria as opposed to 'Developing our underdevelopment' approach of the west. IMF conditionalities, has never help any economy except the funders. Ask Greece.

#8--China Yuan is one of the unstable currency of d world! Hmmm, What make one of the most unstable? It is still stable than naira oh bros.


Am done wailing, sm1 shld hand me tissue paper to clean up......God jst keep using dis nation to show isrealites that 40yrs in d wilderness is a generous punishment

cktheluckyman:
Very soon the CCB would be dead so these fabrication is immaterial

persius555:
In the 21st century world that we live in, you are either inventing something or you are a source of raw material. Look at the list of countries with highest foreign savings. Majority are innovators; China, japan, india, hong kong, south korea etc. Many of these countries have very limited raw materials but they import the raw materials, refine, invent them into finished products for other countries to consume. America as at today is the largest economy in the world with an estimated value of $18 trillion, a debt of $13 trillion and a reserve of just $110 billion. Its economy is 50 percent service based, compared to the chine and japanese who manufacture everything the world consumes. Both have reserves worth $3.4 trillion and $1.5 trillion respectively. In all of these, where does africa with all its resources belong? A continent with huge mineral deposits, but majority of its people languishing in stone dearth poverty. Years of absorbing IMF policies, this is all we have to show for it. China/East or West, we none cares about our well being or development. All that matters to them is our resources. A rapid development of the continent is bad news both ways. But ask me to chose between the two, i will walk east, armed with a huge reminder board on my chest saying "Tread Softly".

Mokuwe:
He made some vital points though, if all the monies realized from TSA and the ones recovered from looters can be use instead of borrowing. Transfer of technology is the best offer the Chinise govt can do for Nigeria.

Accuses police, army of unbriddled bribery, brutality, extra judicial killing

Says 69 percent of inmates await trial

‘Boko Haram committed pogrom’

In Zacheaus Somorin

The United States has released yet another gory and nauseating detailed report on Nigeria, accusing the government at all levels of injustice, brutality and inflicting pain on poor Nigerians.

The report, which was released by the United States Department of States, accused the Nigerian police, DSS and the military of gross abuse of power which include citizens brutality, arbitrary detention,bribery among other scandals.

It also revealed that 69 percent of persons in prison across the country are awaiting trial – blaming the situation on lack of judicial capacity and corruption.

While explaining that the insurgency in the Northeast has rendered many hopeless, US accused the Boko haram militants of committing pogrom in which more than 20,000 people have been killed and maimed with permanent injury.

“The most serious human rights abuses included those committed by Boko Haram, which conducted numerous attacks on government and civilian targets that resulted in thousands of deaths and injuries, widespread destruction, the internal displacement of an estimated 1.8 million persons, and the external displacement of 220,000 Nigerian refugees to neighboring countries”, the report said.

It pointed out that in response to Boko Haram violent attacks, and at times to crime and insecurity in general, “security services perpetrated extrajudicial killings, and engaged in torture, rape, arbitrary detention, mistreatment of detainees, and destruction of property”.

“The country also suffered from widespread societal unrest, including ethnic, regional, and religious violence. Other serious human rights problems included vigilante killings; prolonged pretrial detention, often in facilities with poor conditions; denial of fair public trial; executive influence on the judiciary; infringement on citizens’ privacy rights; and restrictions on freedoms of speech, press, assembly, and movement.

There were reports during the year of official corruption; violence against women and children, including female genital mutilation/cutting; infanticide; sexual exploitation of children; trafficking in persons; early and forced marriages; discrimination based on sexual orientation and gender identity; discrimination based on ethnicity, regional origin, religion, and disability; forced and bonded labor; and child labour”.

The report pointed out that impunity remained widespread at all levels of government; saying “although President Buhari’s administration began initial steps to curb corruption, authorities did not investigate or punish the majority of cases of police or military abuse”.

“Boko Haram perpetrated numerous attacks, often directly targeting civilians. The group, which recruited and forcefully conscripted child soldiers, carried out bombings–including suicide bombings–and attacks on population centers in Adamawa, Bauchi, Borno, Gombe, Kano, Plateau, and Yobe States. In some cases, the group employed women and children as suicide bombers. The government investigated these attacks but prosecuted only a few members of Boko Haram”.

Mrjo:
I'm nt sure u read/understand that post. Tribalism destroy this nation.

lodscott:
first of all, finish your coke

then don't try to put it on yet, if you can open its casing good. use a dry rag to clean, and a dry at med temp, chill for sometime, maybe buy another coke then after like an hour or two, put it on.
thank me later

ojuoluwani:
Don't mind those people who ask u to remove the keyboard or motherboard the best thing u c an do is
1 u know laptops don't like Coca-Cola just finish u r coke then go and buy very chilled origin or star or a small bottle of guiness will do just pour it on that same portion where the coke was poured make sure it shocked very well then put on u r laptop u will Thank me later.