₦airaland Forum

^

He won't act. They won't act.

They did not join politics to solve Nigeria's problems, they joined politics to solve their own financial issue. They joined politics to feed their greed.

They are not ideological. They are simply looters.

Homepage please:

https://www.nairaland.com/nigeria/topic-845418.0.html

It is balanced, relevant and it went to the core of the issue.

Also by one of the finest newspapers on earth.

Home page. Thanks

Don't trust the man without shoes, he probably gambled it away.

Don't trust the man without shoes. He probably sold it to buy Ogogoro.

You believe these Looters you can believe anything.

By the time the people are done burning their trousers, they will be begging to accept minimum wage.

We don't need career political thugs making laws for us, if you cannot live on 18K per month like most Nogerians, then go and start a business.

No allowance

No free Housing

No free Cars

No free furniture

No free personal travel

No constituency allowance (massive fraud 419)

No Daily sitting allowance unless you actually sit.

If they can't take it they can go sell recharge card. Or better still, drive Okada.

We will not subsidize Looters!

^
I admire your "pessimism"

President Goodluck Jon­athan likes to stress his humble roots in Nigeria by recalling how he went to school barefoot. 

Now, as protests sweep the nation, his common-man narrative has bYeen turned against him.

 “Don’t trust the man without shoes,” one placard read during big demonstrations in Lagos this week.

Even 'Goodluck' sef go get limit now.

If you squander your political Capital the same way you waste Government money, you are bound to run into badluck. 

President’s luck runs out on fuel gamble


By Xan Rice in Lagos


President Goodluck Jon­athan likes to stress his humble roots in Nigeria by recalling how he went to school barefoot. 

Now, as protests sweep the nation, his common-man narrative has bYeen turned against him.

 “Don’t trust the man without shoes,” one placard read during big demonstrations in Lagos this week.


Mr Jonathan’s perceived “betrayal” of the general population was to abolish fuel subsidies on January 1, causing petrol prices to more than double from 65 naira (40 US cents) a litre.

Sub-Saharan Africa’s second biggest economy has been paralysed since Monday and is losing $600m daily, according to Lamido Sanusi, Nigeria’s central bank governor. Shops, businesses, schools and banks remained closed on Friday.

By gambling that public anger would dissipate after a few days, Mr Jonathan placed and lost the biggest bet of his presidency. He has now opened talks with labour leaders that will resume on Saturday.

 If no solution is found, the main oil union says that, from Sunday, it will start shutting down crude production, which provides four-fifths or more of government revenues.

A backlash to the subsidy withdrawal was inevitable, since Nigerians see cheap fuel as the one benefit the government provides. 

By removing it without first putting in place policies to cushion the blow for the poor, Mr Jonathan miscalculated, say analysts.

“The government simply relied on the fact that they have the mandate to represent the people to push this through,” said Bismarck Rewane, managing director of Financial Derivatives, a Lagos-based consultancy. “The strategy has been a joke.”

Mr Jonathan is not the first Nigerian president to attempt to remove the subsidy. 

For more than 30 years, successive leaders have tussled with labour unions each time they tried to increase the regulated price of petrol.

But the president insists the subsidy has become unaffordable. Most economists agree, while noting that corruption has greatly swelled the cost of providing cheap fuel.

 Over the past four years, the government has spent more than 3.6tn naira ($22bn) on the subsidy. 

Last year alone, the cost doubled to over $8bn – more than the combined budgets for health, education and agriculture.
Indeed, the chronic mismanagement of oil sales and fuel imports in recent years has seriously damaged the country’s fiscal health. 

Public debt has climbed to more than 6tn naira – levels last seen before the country’s crippling external debt was written off in the mid-2000s.

Foreign reserves have tumbled from $62bn in 2008 to $33bn today. 

The excess crude account, where windfall savings above the budgeted price of oil are saved, now holds little over $3bn – down from $20bn.

In theory, no fuel subsidy should be necessary, since Nigeria produces more than 2m barrels of oil per day, the most in Africa, and should be able to refine it locally. In practice, the subsidy has discouraged investment in refining.

About 445,000 b/d are allocated for the country’s four refineries. This roughly equals their collective installed capacity and should meet more than two-thirds of Nigeria’s needs.

 But the local refineries are dilapidated, and only operate at 25 per cent capacity. Most of their allocation is sold abroad through multinationals and “briefcase companies” linked to the ruling elite.

To meet domestic needs, petrol must be imported, with transport costs and fees to middlemen greatly inflating the price. 

So, too, do interest and insurance charges, since the state-owned Nigerian National Petroleum Corporation has stopped paying the traders, with payment times now exceeding 400 days and more than $4bn owing, according to banking sources.

To keep the petrol flowing, the NNPC entered into crude-for-product swaps with several traders, whereby oil is exported, and an equivalent value of petrol and other refined products delivered to Nigeria, according to bankers. The deals generate no cash for NNPC to pay older debts.

The biggest cost of the subsidy may be graft, which has worsened in the oil sector since Mr Jonathan became president in 2010, say insiders. 

Methods of corruption include bribes, overcharging, presenting domestic fuel as imported, and smuggling to neighbouring countries where fuel prices are higher.

Once the petrol lands in Nigeria, well-connected oil marketers are paid the difference between the open market price of petrol and the official regulated price; with the subsidy typically amounting to 80 naira a litre last year.

The removal of the subsidy will not solve the problems in the short term, since fuel will still need to be imported. 

But deregulation will encourage investment in refineries, which should eventually bring prices down, said Samir Gadio, emerging markets strategist at Standard Bank.

“It’s a very difficult social context, and you can understand the opposition from the public who are losing out financially,” he said. “But if the subsidy stays, Nigeria will be stuck in the same cycle of exporting oil and importing petrol.”


Copyright The Financial Times Limited.



http://www.ft.com/intl/cms/s/0/ef8d08dc-3d2d-11e1-ae07-00144feabdc0.html#axzz1jMljgzTE

Occupying Nigeria Byte by Byte

iluvnaija:
I will be highly disappointed if nlc and tuc agree on anyting more than 65naira then i will never be part of any protest again and infact find my way out of dis country and believed d nation will never be redeemed from d hands of those who enslaved us in our own country.
Just waiting for the outcome

Please do not put your faith in NLC/TUC. This movement is bigger than NLC. They too may be occupied.

[quote author=Negro_Ntns link=topic=281409.msg9953363#msg9953363 date=1326420067]When the colonial government created our police force and army, they were not created with the intent to protect the citizens.  They were created to protect the elite Bristish administrators and theiur families from the savagery of the natives.  So the training regimen was such that the recruits will be deprived of their humanity.  Its the opposite to how wild broncos are tamed for domestication. . . . in this case you you take domestication out of the man and put in wildness in and turn him loose.  That way, they only follow the leader and obey the leader, everything else not identified in line of leadership is trampled underfoot and stampeded to death or near death. 

After the white man left, we indoctrinated the legacy into a ccurriculum based teaching and perfected it to protect the black leadership and elites that sits in the executive position against the citizen who might wake up one day and realize he is been fvcked and would like to give the fvck back to the man on top.  These pictures show how to train the soldier in the act of self-denigration; after he is graduated and turned loose he is ready to denigrate others.[/quote]That is all

Gabbage in gabbage out. They will abuse other new recruits then practice the rest on Civilians.

They only end up becoming cowards shooting at unarmed citizens.

#OccupyNigeria

Anonymous Demand End To Government Corruption



[img]http://1.bp..com/-k020OrPpYk4/TwT1nzavAsI/AAAAAAAAAAc/dCzI2pgQ7oY/s1600/anonymousnigeria1sm.jpg[/img]
Image Credit: anonymousnigeriatk

The Nigerian cell of the Anonymous collective has continued its ongoing campaign against government corruption issuing a statement listing its demands.

Sent to the International Business Times on Tuesday via email the statement has since been re-posted on Pastebin - indicating that unlike the recent Anonymous Finnish bomb threat, it is likely authentic.


In it the collective promised to continue mounting its ongoing series of cyber assaults against the Nigerian government should its demands for "justice" and an end to violence against protesters not be met. Specifically Anonymous Nigeria's demands were six-fold:

"WE DEMAND THAT YOU CUT THE COST OF GOVERNMENT BY 60%

"WE DEMAND THAT YOU ELIMINATE WASTE IN GOVERNMENT

Like us on Facebook 

"WE DEMAND THAT YOU TACKLE CORRUPTION AND POLITICAL PATRONAGE

"WE DEMAND THAT YOU REDUCE THE PUMP PRICE OF FUEL TO N65

"WE DEMAND THAT YOU FIND OUT AND PROSECUTE MEMBERS OF THE FUEL CABAL," read Anonymous' statement. Later adding the final demand:

"WE DEMAND AN IMMEDIATE END TO THE KILLING OF INNOCENT PROTESTERS"

The statement follows the collective's unified and ongoing support of all Occupy movements. Though the root cause of the Occupy movement is difficult to discern, the earliest call-to-arms stemmed from a blog post in Adbusters magazine.

Inspired by the Arab Spring and Spain's Democracia real YA platform, Adbusters called for all like-minded individuals unhappy with the current global political and economic system to march on Wall Street and mount an ongoing sit-in-protest.

The post quickly captured the imagination of several groups, leading to the #occupywallstreet hash-tag trending on Twitter. The movement gained significant mainstream attention outside of Adbusters' native U.S. base when the Anonymous collective took notice and publicly voiced its support.

Reiterating Adbusters' post, Anonymous issued the above video on its AnonOps website citing a series of undisclosed actions perpetrated by "corrupt" governments and corporations as its motivation for the sit-in.

Since Adbusters' and Anonymous' call-to-arms the Occupy movement has spread to cities across the world, seeing citizens pitch tents in public squares and mount sit-in-protests against the world's current political and economic systems.

 In all the campaigns Anonymous has openly voiced its support for the movement, publicising its live video feeds and reporting any incidents of police violence against protesters.

The Nigerian cell of Anonymous has followed this pattern, publicly voicing its support and reporting any incidents of violence against Occupy protesters. 

The group has already taken credit for identifying the deaths of in-excess of 10 participants in the Occupy Nigeria protest. Ending its statement Anonymous Nigeria promised it would continue its "peaceful" protest 

- many Anons list identify themselves as pacifists and are hostile to any and all acts of physical violence.

A full chronicle of Anonymous' previous Occupy activities can be found at the International Business Times UK's, "2011 The Year of the Hacktivist: When Anonymous Finally Grew-Up," summary.

The organizers of these #OccupyNigeria protests have fought every attempt to make it partisan or "Tribal" with uncommon focus.

Very rare in Nigeria. Very rare.


So if these lazy, greedy politicians and other parties want to make this about partisan politics they can go ahead. It will make their destruction faster.

Burn the Looters!!!  

Time to eat the greedy. .

Fire burn the looters!!

UPDATE:

One day for the thief. .

We told you Nigerians will hit the streets.

Anyway Eedris Has jaga jaga part 2 Out

Music is the language of self expression and self determination. Use it as you hit the streets.


[flash=490,380]
https://www.youtube.com/watch?v=T4z9Vp-vuBQ[/flash]

Civil Disobedience respects no unjust law. .

Heard the cry is about to change to:

Burn the Looters. .

Anybaba:
All of you that are supporting anarchy and lawlessness, attacking people and ventures and even websites because people are acting on their rights not to join or partake in the strike should better watch it. Most of you will not be alive to tell the story when this lawlessness that is being actively promoted and propagated in this site escalates.

Preach to the Policemen brutalizing peaceful protesters at Eagle Square abuja.

When you embezzle Trillions of Naira, while leaving millions in poverty, you court anarchy.

When you raise the prize of an essential commodity with no sense of Justice, you court anarchy.

If you make billions off the back of a people and then turn around to muzzle them, you court anarchy.

If you monopolize trade and commodity prices while million groan under hardship, you court anarchy.

When you sell your people out by embracing a failed pain inducing policy, you court anarchy.

When you'll rather junket around the world than address the problems at home, you court anarchy.

Without the people, there will be no economy, ignore their needs, expect anarchy.

The same emotional lie they sold you in April 2011.

Acts of Civil disobedience are just that: Civil Disobedience



The Suffering people of Nigeria do not need a Kangaroo court to tell them when they can disobey an unjust Government. .

If these tribal Attacks are meant to divide and break the resolve of protesters united across Ethnic groups, it will fail and backfire.

It can only work for a short period, then the hunter will become the hunted.

The looters of Nigeria will be occupied till they suffocate. Let them continue the killings. .

We once listened to the Imperialist IMF in the 80's and early 90's they bought us nothing but painful economic disaster.


BTW, Jeffery Sachs is not the UN tho. Just saying.

Maybe Delta is also in the Sahara North.

Let the looters of Nigeria keep killing Nigerians. .their time will soon come

. .Soon the Hunter shall become the hunted

These people imported fuel and collected money from Nigeria and they go across the border and sell in foreign exchange and the money is not even brought back to banks in Nigeria, it is taken to overseas banks. Is that for the benefit of Nigerians?

OK. So Mama Johnbull the groundnut seller is supposed to suffer more because you and your colleagues in Govt cannot prosecute economic saboteurs like these one you mentioned??

The unemployed graduate ekeing out a living by driving Okada while living in a creaky leaking one room rented apartment should pay for the incompetence of the justice ministry And law enforcers.

Already suffocated Poor and working class Nigerans should endure your callous subsidy removal when you enjoy 24hours of generator powered light subsidy in your opulent State House?

The Young recently employed Graduate carrying the burden of his poor parents should suffer more because you are too greedy to give up your Billion Naira Security Vote?

Abi Boniface the Shop Owner should now have to choose between buying books for his children and paying his creditors because you and your fellow Governors need to steal more road Contract money ??

I don't know what Jang and his Cohorts in power want us to do about their inability to stop Stealing Public money. We should keel over and die?? Abi?

Well, we won't die alone. . .

the angry readers consisting of unemployed youths and commercial motorcyclists (Okada) asked him to keep his mouth shut.

Okada men, standing by the people. Combating ignorance and sycophancy.

Maps can be political and or physical

Maps 101

I was waiting for 2015 myself. But. . .

It seems we may not get there with these people. . They are spilling blood, hear that? Blood.


It won't end pretty. .

Leave them.

Let them continue to kill protesters.

Very soon, the Hunter will become the Hunted. Soon. .