Jacko1:
Another white elephant project.... Besides is oceanic bank stil existing

abumeinben:
Three words..

We're matching on

Freegift75:


@Allycat:

Mr Man you seem not to understand the issue well. Look back to 17 years when Military handed over to civilian government, things have gone worse.

The major challenge that leads to that is the lapses of lack of discipline in democratic practices. The who Nigeria is corrupt, politicians even lawyers are corrupt.

And this will continue till jesus comes if not checkmate.

We need military intervention to restructure Nigeria. Present set of politicians can do that. For example, what has happened to the referendum during Jonathan era?

There are influences from all angles frustrating the implementation. This is a shame

Again, Buhari forwarded a Anti-corruption bill to NASS, till today nothing has being done about it.

I'm not a kid as you insinuated. By 1999 I had already started a Nursery and Primary School which is still functioning till date.

In 1984-85 I witnessed Buhari's government which I can make references to in comparing to present dispensation.

Mohammad Buhari has intention to revive Nigeria but democracy does not permit.

If you look at the past of Military influences in Nigeria government, you just have to agree with my opinion.

Forget about the pas military leaders who are rich by crook, we need them to enact policy.

Imagine, Military can bar Tinubu, Amechi, Alimodu Sherrif, other from participating in politics but Democracy can not.

The present set of Military leaders are more wiser and innovative. We hhave both learnt fron our 17yrs democratic errors.

We need them.

Imagine, a filling station is supppose to sell fuel at N86.50k but selling at N120 and you expect democracy to continue.

I live very close to two filling stations, one sells normal price while other sells N120. That's what is destroying Nigeria.

Arise O Lord,
Influence The Military
To Lead Us Out Of Bondage

Semper247:
Hahahaha! This Abang wicked no be small. You stole 3.9b and u are asked to returned 4b first before we begin talk. What a wicked world we are!
This judge must have thought he had the 3.9b kept in a bank and then must have accrued 100m as interest.... Fair thinking though.
I come begin feel for the badoo Badeh sha.... Poor boy.

The message from the judge is simple, return the money with interest and have a soft landing.

Badeh don enter am....
Him go try for prison because even if he can cough out 2b in cash, I wonder where those sureties will get 1b each with this wobbling economy of ours.

Him go tey for kuje
GOODLUCK to him

Semper247:


Young woman, pls before u proceed with ur vexation for the judiciary, let's look at the condition of the bail. He is alleged to have stolen 3.9billion naira and he has been asked to be bailed for 4billion naira(2billions and 1billion each from 2 sureties).... Fair enough, don't u think?

After this, he will face a lengthy trial with his attorneys milking him seriously after which he will still end up in kuje.

Now this is change, if u will agree with me though

AareOlumidey:



bros any bail condition is a bound between the accused and the court. where it involves miney are not expected to pay but must produce what will worth the condition attached. the reason behind this is when the accused abscond the surety will lose all he has put at stake.

ngoziama:



I pity nigeria .The guy has asked an intelligent question but you have responded like your type.Rushing to insult redeemed church.
It is now oppose government and get ready for a one billion dollar bail. Mtchew.

tommykiwi:
I dont think U understand the English very well, because he is not trying scrap it rather he said he will renegotiate meaning he will visit the documents again.

tommykiwi:
Minister of Power, Works and Housing, Babatunde Fashola, at the weekend ended speculations that the current administration will revoke contracts awarded under former President Goodluck Jonathan.

Fashola spoke in Abuja at the Nigerian Pension Industry Strategy Implementation Roadmap meeting.

The former Lagos governor lamented how successive governments revoked contracts of previous regimes, noting that the practice destroyed investor confidence in an economy.The minister stated that if approved contracts must be touched, the best approach was to renegotiate rather than outright revocation.

“We must not play politics with our economy. Investors want continuity,” he said.

Fashola warned against playing politics with economic survival, as investors want continuity of government policies.

source.....http://dailypost.ng/2016/01/25/fg-will-renegotiate-contracts-awarded-under-jonathan-fashola/

IlajeGal1:
By JUMI RHODES


A Federal Capital Territory (FCT) High Court on Friday, 22nd January 2016, granted the National Publicity Secretary of the Peoples Democratic Party, Mr Olisa Metuh bail in the sum of 300 million Naira and two sureties in like sum. Metuh is facing a seven-count charge of criminal breach of trust, corruption and money laundering.


In the ruling on Friday, the Chief Judge of the FCT High Court, Justice Ishaq Bello, stressed that the sureties must be resident in Abuja, Nigeria’s capital city. There have been mixed reactions as to how Metuh who is still being detained will meet the bail conditions. Pastor Adeboye's son Leke is one of the Nigerians puzzled at what will happen to Metuh's bail money. Below is what he(Leke Adeboye) shared on Facebook:

I have two questions.
1. Where does a normal man get 300 million N. That's 1Million dollars o. As bail money
2. What happens to the bail money. Who keeps it and who uses it

https://www.facebook.com/LekeAdeboye/

Elosky20:
this is it metuh will pay for bail equal to the money he collected in the first place and he will still be rearrested in front of the prison gate. i love nigeria right nw.
next time if you see yam no be person go tell you make you do eyes right Mean while operation bring back our yam continues

blackprowler:
I made a mistake just now replying that individual called Rossike. My error and I didn't know how to delete. His case is a lost case and I've said I won't be engaging him anymore. To those of you Yoruba jingoists, if Calabar remained the colonial HQ of Nigeria, the West would be just like any other part of backward Nigeria. Maybe tomorrow now Abuja indigenes would say they're the most advanced people in Nigeria, going by that dumb analogy. Before independence, the richest man in Lagos was at one time called Sir Louis Ojukwu. That doesn't sound Yoruba to me. Down with near-apes ethnic warlords; up One Nigeria!

Rossikk:
Op, What about the REST of Lagos, or did it only comprise Carter Bridge? AND PLEASE DON'T SHOW US IKOYI. SHOW US MUSHIN, AJEGUNLE, OSHODI, AMUKOKO, ORILE, AND OTHER PARTS OF LAGOS NEGLECTED BY THE COLONIAL RULERS. DON'T COME HERE TRYING TO DECEIVE US WITH ONE BRIDGE. Today we have nice bridges and flyovers everywhere, even in places like Ilorin and Uyo. AND PEOPLE DRIVE THEIR CARS AND SUVs ON THEM, NOT BICYCLES.

Fact is that the colonial era was a time of mass poverty, deprivation, illiteracy, and near zero infrastructural development. Op, stop trying to paint it as some sort of golden era. IT WAS NOT. Carter Bridge or no Carter Bridge.

charix:
Na free?

asuustrike2009:

That is what I call hypocrite. They don't know that the so called new year celebration has a pagan origin but they are quick to condemn those celebrating christmas. It's a shame that up till now those against christmas which I agree with haven't provide a good biblical backing why they celebrate new year since it also has pagan origin. The same sect still observe Sundays as days of worship were it was practically stated that it is Satursday. They keep on blaming Catholic for this and that but the questions is why haven't they change their service day to Saturday like Seven Days Adventist observe it? Why should they continue with Sundays?. The best solution to such scenario is that the Christian body should concentrate more on winning souls instead of wasting their energy on who should or shouldn't celebrate christmas as God wouldn't ask you which church did you attend or which celebration you did observe or not instead how did you live your life. Did you live a holy life? You may not observe such feast yet end in the lake of fire while your friend that observed such feast ends in heaven. [b]Up till today, those christians haven't given any biblical backing to why they conduct white wedding.[/bHistorically Instead of thinking of the speck in their eyes, they are busy taking speck from other people's eyes. During such festivity, it is an opportunity to reach out to prisoners, patients in the hospitals, orphans e.t.c because such opportunity might not come.
The bottom line is that all these sects of christians practice some doctrines that are not biblical yet they wail

Rapoo:

go to any first bank and see for urself,

Rapoo:


I did some international transaction just yesterday and first bank sold N199 to $1 and I even asked about €€€ and the bank representative told me dat euro is been sold at 218.45. So am very sure of wat am saying

Rapoo:


Go to banks and verify dude

NLEFCC:
So I heard Dasuki alongside Attahiru Bafarawa, former Sokoto State governor; Bashir Yuguda, former minister of state for finance, Shuaibu Salisu, and Sagir, Bafarawa’s son, were all granted bail in the sum of N250 million each. By my calculation that is about NGN1.5B . In a related development High Chief Raymond Dokpesi was also granted bail for Hundreds of Millions.


Now am wondering what eventually happens to these huge bail money. Hope the masses eventually benefit from it? Anyone has an idea?

Rapoo:
Dat figure is absolutely wrong 1$ to naira is 199.94 as of 6 hours ago and 1€ to naira is 224

Jesusloveyou:
that is d problem, as i always say that d marketers are d reasons for dis fuel scarcity, even as they collect subsidy without supply, their cup wil soon full, and let no saTANist wailers cry of witch hunt when d hunting wil start

Jesusloveyou:
can't u comprehend simple write-up? If cbn give dollars to marketers, they wil in turn sell it in black market for a huge profit, we can't continue in that direction.

Plus10:
It is crystal clear now that this present government is birate of ideas.That is why we keep saying that as a leader you have to be an all rounder which Buhari as a leader does not posses .As it seems buhari only idea is how to fight corruption and jail whoever that may seem as threat to his government.

4Play:


Allowing the Naira to reflect its market rate will reduce consumer purchasing power for obvious reasons - higher import costs will increase inflation. However, not doing so will achieve the same outcome as a fixed rate requires restiction to forex access with such restrictions increasing import costs. The difference is that a fixed exchange rate not backed up by sufficient reserves has the ironic effect of accelerating currency depreciation because - as earlier stated - it reduces the incentive for bringing in foreign exchange into Nigeria.

Ultimately, the root cause of Naira depreciation is reduced forex coming into the country due to lower oil prices. Anything that further reduces forex coming in, such as restrictions necessitated by a fixed exchange rate, will have the unintended effect of accelarating currency depreciation. Of course, the official rate will stay the same but the greater the divergence between the official and market rates, the more the former becomes irrelevant.