₦airaland Forum

adenigga:
Nigeria’s total public debt rose to N32.9tn at the end of December 2020, the Debt Management Office said in a statement on Monday.

From its last report on public debt, the figure stood at N32.2tn as of the end of September 2020, which showed an increase of N700bn.

The DMO disclosed that the total public debt to the Gross Domestic Product was 21.61 per cent, adding that it was within Nigeria’s new limit of 40 per cent.

“Nigeria’s total public debt as of December 31, 2020 was N32.92tn. The figures include the debt stock of the federal and state governments, as well as, the Federal Capital Territory,” it stated.

It said that after Nigeria exited recession in 2017, the level of new borrowing at the federal level as shown in the annual Appropriation Acts, had been declining to moderate the rate of growth in the public debt stock in order to ensure debt sustainability.

The DMO stated that new borrowing to part finance budget deficits had declined steadily from N2.36tn in 2017 to N2.01tn in 2018, N1.61tn in 2019 and N1.59tn in the first 2020 Appropriation Act.

This trend was reversed in 2020 due to the economic and social impact of the COVID-19 pandemic as new borrowing in the revised 2020 Appropriation Act was N4.2tn.

The DMO stated, “It should be noted though, that apart from the new domestic borrowing of N2.3tn, the other new borrowings were concessional loans from the International Monetary Fund ($3.34bn) and other multilateral and bilateral lenders.

“This incremental borrowing to part-finance the 2020 budget and the additional issuance of promissory notes to settle some arrears of the Federal Government of Nigeria, contributed to the increase in public debt stock.

‌
“New domestic borrowings by state governments also contributed to the growth in the public debt stock.”

In February, the Federal Executive Council at a meeting approved a new Medium-Term Debt Management Strategy for Nigeria, for the period of 2020-2023, when the government disclosed it planned to increase domestic borrowings in its debt profile from 2021 to 2023.

“Borrowing will be from domestic and external sources but a larger proportion of new borrowing will be from domestic sources using long-term instruments while for external borrowing, concessional funding from multilateral and bilateral sources will be prioritised,” it stated.

Source: https://m.guardian.ng/Business/Nigerias-public-debt-rose-to-N32.9tn-in-Dec-DMO

murecool:
President Muhammadu Buhari made it a remarkable week for Vice-President Yemi Osinbajo when he acknowledged the humility of the number two citizen, who turned 64 on March 8.
“I’m proud to have selected Yemi Osinbajo as my running mate. He has given a good account of himself since our journey began in 2015,” Buhari announced as he joined other citizens to celebrate Osinbajo’s birthday.
Malam Garba Shehu, the president’s spokesman in a statement quoted Buhari as describing Osinbajo as “a reliable and dedicated deputy’’.
Buhari stated that “Osinbajo is not only admirably competent but also exudes confidence and passion in the performance of his job”.
According to the president, the vice-president is a cool-headed gentleman, who puts the interest of Nigeria above other narrow considerations.
“Vice-President Osinbajo is an incredibly patient politician, who demonstrates remarkable intellectual and mental energy in the discharge of his duties.”
The president wished Osinbajo many more prosperous years and God’s continued guidance.
Earlier on March 7, the Presidency released a checklist of what it described as “The Buhari Women” as part of activities to mark this year’s International Women’s Day (IWD).
March 8 of every year is observed globally as IWD.
A statement by the president’s spokesman, Mr. Femi Adesina, listed 50 Nigerian women in leadership positions in the Buhari administration.
According to the presidential aide, the celebration provides ample opportunity to reflect on how Buhari honours the womenfolk.
On March 8, Buhari hosted former Vice-President Namadi Sambo, who is also the ECOWAS Head of Mission on the Elections in Niger Republic.
The president expressed satisfaction with the way and manner the Feb. 20 run-off presidential election was conducted in Niger, adding that Nigeria was concerned about security in that country.
The Nigerian leader said: “We are concerned about their stability and I am glad the elections went well. I am happy it was transparent as attested to by most of the observers.’’
Buhari congratulated Sambo and his team for a job well done, stating: “I am glad you came back with good news.”
Also on March 8, Buhari rejoiced with Nigerian women on the occasion of this year’s International Women’s Day, describing them as the bedrock of society.
He restated his administration’s commitment to addressing the challenges confronting women at various levels of society.
According to him, several women, including seven female ministers, in addition to scores more are currently in charge of key parastatal agencies as well as serving as presidential aides.
He said that the women were performing well in their respective ministries and agencies.
Buhari, similarly, on March 8, offered his sincere condolences to President Teodoro Obiang Mbasogo of Equatorial Guinea over the explosions at a military base that wreaked havoc in a city in the country, called Bata.

Over 30 people were reported killed in the explosion with more than 6oo injured in the mishap, which also left homes and buildings in the city with considerable damages.
Also on March 8, the vice-president, presented a keynote address at a webinar organized by Women in Africa in collaboration with the MacArthur Foundation, to mark the 2021 International Women’s Day.
Anchoring his contributions on the theme of the 2021 celebrations: “Choose to Challenge”, Osinbajo noted that “a child of a mother who can read is 50 per cent more likely to live past the age of five.
“Each additional school year increases a woman’s earning by 20 per cent — two thirds less maternal deaths if mothers finish primary school,” said the vice-president, who is also a law professor.
On March 9, Buhari performed the virtual ground-breaking of three projects namely: the reconstruction of Port Harcourt – Maiduguri Eastern Narrow Gauge Railway Project, the Bonny Deep Sea Port and the Railway Industrial Park in Port Harcourt.
Speaking at the event, the president expressed his optimism that rehabilitation of the Port Harcourt–Maiduguri railway would resuscitate economic activities on the Eastern corridor which had been affected by insecurity.
He said the country’s aspiration for nationwide transport infrastructure and railways would be significantly enhanced by the three projects.

On March 9, the Nigerian leader hosted the Executive Director of the Joint United Nations Programme on HIV/AIDS, Mrs Winnie Byanyima, at State House, Abuja.
Also on March 9, Buhari requested the Senate to confirm the nomination of Mr Ahmad Halilu as the substantive Director-General of the National Space Research and Development Agency.
Halilu was until his nomination, the acting Director-General of the agency after being the Director in charge of Strategic Space Applications in the same organisation from 2009 to 2019.
The president had on March 10, presided over the 37th virtual meeting of the Federal Executive Council at the Council Chambers of the Presidential Villa.
The Federal Ministries of Education, Power and Niger Delta Affairs made presentations at the meeting.
The council approved N500 million as variation for the completion of a road project in Delta State, 526 million dollars for power projects in Abia, Imo and Benue as well as N190.5 million for the purchase of a microscope for the University of Ibadan.
On March 11, Buhari inaugurated the headquarters building of the Niger Delta Development Commission, 25 years after the ground-breaking ceremony of the building.
The president, who virtually inaugurated the building from the Council Chamber of the State House, commended the Minister of Niger Delta Affairs, Sen. Godswill Akpabio, for his steadfastness in ending many years of renting accommodation by the commission with the attendant profligacy.
Also on March 11, the Nigerian leader met with the National Council of Traditional Rulers of Nigeria.
The council is co-chaired by the Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar III, and the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi.
On March 12, the vice-president paid an official visit to Sokoto State, where he delivered the convocation lecture of the Sokoto State University.
While in Sokoto, Osinbajo also paid a courtesy call on the Sultan of Sokoto.
Buhari concluded the week in review with a warning to would-be terrorists and bandits, targeting schools, saying that government would not allow destruction of the school system.
The president, who gave the warning in a statement by his Senior Special Assistant on Media and Publicity, Malam Garba Shehu, in Abuja on Saturday, was reacting to the gunmen’s invasion of the Federal College of Forestry Mechanization, Afaka in Kaduna State early on March 12.
Buhari lauded the efforts of the Kaduna State government and early response of the military, which led to the rescue of 180 students, including eight members of staff.
He, however, directed that the other missing students must be found and returned safely to their families.
The president also commended the efforts and contributions of local intelligence in thwarting the moves of kidnappers.

https://thenationonlineng.net/osinbajo-demonstrates-remarkable-intellectual-mental-energy-buhari/

CallMeDrino:
Big Brother Naija star Erica Nlewedim has revealed that actress Omotola’s husband Captain Matthew Ekeinde flew her in an aircraft, Igbere TV reports.

The reality TV star shared a picture on Twitter on Friday of herself, Ekeinde and another pilot standing at the tarmac of a yet-to-be ascertained airport.



https://twitter.com/EricaNlewedim/status/1370303454808248325?s=20

Omotola reacted with a love emoji.

Erica who will celebrate her 27th birthday on March 13, has already started sending out invitations for the celebration.

On Thursday, Ovation Magazine publisher Dele Momodu shared his invitation for the Hollywood-themed birthday on social media.

DeltaFire:
SOME REASONS WHY INTELLIGENT IGBOS & OTHERS HATE BIAFRA

1) Ndi Igbo have never come together to agree that "Biafra" is associated with Igbos.
When did we agree to reject the word "Igbo"? When did we agree to call ourselves "Biafrans"? When did we agree to call our land "Biafra land"?
This is all in the mind of suffering low intelligence or under influence of marijuana or of mental illness eg Schizophrenia.

2) We hear that the words "Biafra" and "Biafran" are used by Nnamdi Kanu for fetish rituals to give him diabolical powers over the minds of those who fall into his trap. So who in his right mind would like "Biafra".

3) Biafra really has nothing to do with Ndi Igbo. Those who are intelligent know that. What happened is that for a few months in the history of Ndi Igbo, that foreign word was associated with us. Only for that period, and no longer. So what is it?

4) Those who call themselves Biafrans are usually bigots and Igbo supremacists. These are the low life of Igbo society and are only able to rant because Nigeria is a lawless contraption. If this was a civilised country, such racists would have been dealt with.

5) It is those spouting and ranting "Biafra" who go about spreading hate and enmity. Which intelligent person (whether Igbo or not), would want to be part of that? It is these "Biafra" ones who some time ago said that nonsense that Lagos belongs to all, when we know that Lagos belongs to Yoruba, and has been their ancestral land right from time.

Biafra is a rubbish. That is all. Everybody with sense hates all rubbish.

JosEast:
President Muhammadu Buhari on Tuesday said Nigerian women would continue to have pride of place in his administration.

He said this at State House, Abuja, while receiving in audience the Executive Director of the Joint United Nations Programme on HIV/AIDS (UNAIDS), Winnie Byanyima.

“Women hold strategic positions in this administration. The Ministry of Finance, Budget and National Planning is headed by a woman.

“The Civil Service of the Federation is headed by a woman. And many others like that. We will continue to do our best to empower our women,” President Buhari said.

The president said Nigeria had lost good opportunities for infrastructure renewal.

He, however, said that “we can’t continue to cry over spilt milk. We are now doing our best in concert with some developed countries.”

The UNAIDS Executive Director described Buhari as “a Nigerian and African hero,” stating that exploits by Nigeria in the control of the COVID-19 pandemic and HIV/AIDS are quite commendable.

“I salute your leadership in Nigeria and Africa. It is very robust. I praise you for it,” Byanyima added.

https://dailytrust.com/ill-continue-to-empower-nigerian-women-buhari

overseasnbeyond:
Allowing citizens of Nigeria to carry weapons would amount to beginning of human extinction,
We are aggressive people that hardly control our emotions, many are battling with mental illness in our society with no diagnose due to lack of mental health professional. Hospitals lack safety tools and equipment for treatment of gun shot
Advance country where citizens carry weapon still have issues with illegal possession of fire arms leading to multiple death on daily basis.
Do you think we need to carry weAPON?

dre11:
SaharaReporters learnt that the fire started at 4 pm as the fire service officials tried desperately to put it out.





https://saharareporters.com/2021/03/06/breaking-fire-breaks-out-aso-rock


Lalasticlala

All of them burn?

Rossnitti:
Many Nairalanders describe Nigeria as 'failed', with break up of the country the only solution.

Most of them do this based primarily on their opposition to the current Buhari administration.

Here's a message for that crowd:

The problem with you is that you are thick, dumb and ignorant with regard to what it means to be a democracy.

Your thick skulls cannot understand that democracy is turn by turn and will not always favour you.

Buhari is a problem for you, so your solution is ''the country is failed!! Let's break up!!''

No part of your dull brain thinks ''ok, this is a democracy. His term's up in under 2 years. Let me join forces with like-minded citizens to vote him out of office and get in someone whose policies are more favourable to me''.

That is what folks in the US did, despite Trump trashing their nation on a daily basis, openly supporting killer racist neo nazi groups, describing them as ''good people'' to mass outrage, among other assaults on public sensibilities.

NOT ONCE did we hear Americans lament ''our country is failed. Let's break up!!''

Instead, they stormed the polls in greater numbers than ever seen, and voted Trump out of office.

Finish.

So you people who act as if Nigeria is some sort of life presidency for Buhari/Fulani people, with ''breakup'' the only option, need to go back to your villages and FARM, or TAP PALM WINE, because that is as far as your semi-literate intellects can take you.

Ridiculous people.

ZKOSOSO:
Below is the kite being flown by the Federal Government on Restructuring... Is this True...??

Nigerian Economic Restructuring Bill 2021

[1] Nigeria will be made up of 42 states, with seven per each of her constituent geo-political zone. These shall be:

South-south
[1] Bayelsa State - Yenagoa
[2] Western Ijaw State - Patani
[3] Rivers State - Port Harcourt
[4] Cross River State - Calabar
[5] Akwa Ibom State - Uyo
[6] Edo State - Benin
[7] Delta State - Warri

Northeast
[1] Mambilla State - Gashaka
[2] Taraba State - Jalingo
[3] Adamawa State - Yola
[4] Borno State - Maiduguri
[5] Yobe State - Damaturu
[6] Bauchi State - Bauchi
[7] Gombe State - Gombe

Southeast
[1] Anioma State - Asaba
[2] Orashi State - Omoku
[3] Anambra State - Awka
[4] Imo State - Owerri
[5] Enugu State - Enugu
[6] Abia State - Umuahia
[7] Ebonyi State - Abakaliki

North-Central
[1] Abuja State - Abuja
[2] Gurara State - Kafanchan
[3] Benue State - Makurdi
[4] Plateau State - Jos
[5] Nasarawa State - Lafia
[6] Kogi State - Lokoja
[7] Niger State - Minna

Southwest
[1] Kwara State - Ilorin
[2] Oyo State - Ibadan
[3] Ogun State - Abeokuta
[4] Lagos State - Ikeja
[5] Ondo - Akure
[6] Ekiti - Ado-Ekiti
[7] Osun - Oshogbo

Northwest
[1] Sokoto State - Sokoto
[2] Kebbi State - Birnin Kebbi
[3] Kaduna State - Kaduna
[4] Katsina State - Katsina
[5] Kano State - Kano
[6] Jigawa State - Dutse
[7] Zamfara State - Gusua

[2] Each state will be responsible for creating and funding its local governments as it deems fit. Local governments will be funded internally by the charging of a local tax, which will be augmented by a state grant representing no more than 10% of TV
[3] Over a 35 year period, we gradually migrate back to the 1957/58 revenue sharing formula agreed by our founding fathers at the Lancaster House Conferences in London under which the federating units will control all the resources within their domains and remit 50% to the centre

[4] Our federating units will keep 50% of all the revenue that they generate, put a further 20% into a central pot called the Excess Federation Account to which everyone can have access as the need arises, 10% will go into a geo-political zone account and the remaining 20% will go to into the Federation Account used to run the federal government

[5] With regards to all other resources, we shall move towards this immediately but in the case of oil and gas, the move will have to be gradual due to how dependent we have become on these two resources. A gradual migration shall take place over the next 35 years in this manner: 2000 - 13%, 2021 - 18%, 2023 - 20%, 2025 - 25%, 2030 - 30%, 2035 - 35%, 2040 - 40%, 2045 - 45%, 2050 - 50%

[6] Every one of our 42 states will be set a target of generating at least $2bn in export revenue. Any state government that attracts inward investment to the tune of $1bn, will get a corresponding grant from the federal government

[7] Any state that fails to generate as much revenue as it spends for two consecutive years as from 2020, will be subject to an immediate declaration of a state of emergency. It shall be administered centrally by the federal government until its books are balanced

[8] Every state must seek to generate at least 30% of its internal revenue from manufacturing and services, with a migration away from primary products to value added production

[9] Every state is free to create more local governments provided they meet the necessary criteria which includes holding a referendum and the fact that the local government area is self-sustaining. To be recognised as a local government area, basic facilities that must exist within the domain include 20 primary schools, five secondary schools, a local government headquarters, at least one vocational training college and at least one public health centre

[10] All local and state governments will as a matter of course award supply contracts to companies that manufacture products within Nigeria. Only as a last resort will companies that manufacture products abroad be granted government contracts.

#Copied

So this was the discussion the Fulani's had with the British high commissioner who was dancing at the airport in Kastina 3days ago! Divide and rule is an old trick

NONSENSIOUS GARBAGE

Gistonlinesng:
*Former President Olusegun Obasanjo has revealed that he tested positive for Coronavirus.*

Obasanjo revealed this on Friday March 5, while speaking at a colloquium held in the Olusegun Obasanjo Presidential Library (OOPL), Abeokuta, Ogun state to celebrate his 84th birthday.

Read Now
⏬⏬
https://www.gistonlinesng.com.ng/2021/03/olusegun-obasanjo-reveals-that-he.html?m=1

OBASONJO You will not die, God will preserve you till BIAFRA COMES so as to prove to you that HE IS GOD

Lyrics269:
Most people are complaining that nigeria should be divided and shared but they actually don't know the meaning of what they are saying
1. Formations of country are not based on ethnic groups and religion alone.
2. If the so called saviours like Nnamdi Kanu promising paradise were smart as they claimed, they should start the employment, development now for everyone to see what they are capable of
3. the new nation will still look like Nigeria
4. They will be still be corrupt politicians and theives
5. They will be lack of fund, resources and the nation will be vulnerable to any attack
6. A Nation can not change to a paradise over night, it take years. America of today was formed 17th century.
Remember: the Devil you know is better than the Angel you don't know and

buckeyemedia:
Lazy people like you will die of hunger when it becomes survival of the fittest, then as usual they will go back to their rhetoric talk that we were one nation until President Buhari came, forgetting they were the ones shouting separation

Rossnitti:
Mosquito brain... how did you mange to infer from my post that I am personally married to someone from another ethnic group?

I'll put your mad inference down to your idiocy.

Rossnitti:
Don't be daft.

Do the Canadian or Ghanaian majority occupy the same geographical space as Nigerians?

Rossnitti:
Many Nairalanders say the country is finished, divided, and needs to break up.

But here's the funny thing.

LIKELY 90% OF THE POSTERS HERE CLAIMING THE COUNTRY 'HAS ALREADY DIVIDED' ACTUALLY LIVE IN OTHER PARTS OF THE COUNTRY NOT OF THEIR ORIGIN, OR HAVE RELATIVES THERE WHO EARN A LIVING THERE.

IF THE COUNTRY IS ''ALREADY DIVIDED'', WHAT ARE YOU OR YOUR PEOPLE STILL DOING THERE?

5 MILLION IGBOS IN LAGOS, HOW FAR?

3.5 MILLION IGBOS IN THE NORTH, WEY UNA?

DIVIDED INDEED.

ARE YOU ALL READY TO RELOCATE?

Or you think you'll be allowed to remain there even after breakup?
Think again.

DUMBITOS.

OKAY, SINCE Y'ALL HATE EACH OTHER SO MUCH IN NGERIA, WHAT IS STOPPING YOU NOW FROM RELOCATING BACK TO YOUR REGIONS? EVERY MAN.

IS BUHARI STOPPING YOU?

DO IT! LET US KNOW YOU'RE DIVIDED!

ONLY TO SHOUT RUBBISH ONLINE WHILE MARRYING EACH OTHER EVERYDAY, FCKING EACH OTHER EVERYDAY, LIVING AMONGST AND SELLING TO EACH OTHER EVERYDAY, ALL OVER THE COUNTRY, ETC, ETC.

IDIOTS.

CONFUSED PEOPLE.

YOU SHOUT ONE THING BUT YOUR ACTIONS ARE THE DIRECT OPPOSITE.

AlexBells:
As much as I'm concerned, the blockade ought to last a little while more, if the blockade was in effect for a little more time, there could have been no justification for roaming armed herdsmen in the South and on the other hand the south will be hungry.

When there is no herdsmen and the South is hungry it results in peace now some of the terrorist herdsmen could be back, we could go back to the other stage again.

Lifting this blockade is not the solution, the bad blood against bad herdsmen is already way too deep, I hope now that they could be back, I hope both the North and South apply caution, otherwise it is better for armed herdsmen stay out while we starve in the South.

Summary herdsmen out and the South Starve there will be no fight, the South can't fight with empty stomach while armed herdsmen can't attack us if they are not here.

chukwuaustin:
This is the right thing to do... What do you think?

Tobrasky:
They were on patrol pround the forest vicinity close to my farm (I won't mention the place for security reasons), but I instantly identified them by their outfits (tall, hefty and all smartly decked out in black fitted tops and combat trousers with green berets on some and red on others, and armed with AK-47's and other assault rifles I couldn't identify). I was over-awed when I saw them as na only hear I dey hear about ESN but I never saw them until yesterday! to cut the long story short I approached them to have a quick chat and express my excitement in finally meeting them, they were polite yet business-like in their demeanor and it seemed from what they told me, that they had just successfully returned from "doing the Lord's work" to paraphrase their exact words to that effect. I gave them some of the fruits from my farm and they thanked me and briskly moved on to take care of other things.

Don't give them food or fruit before you put something inside, ESN only need cash

kufre2010:
.THE BLOOD OF THE INNOCENT SECURITY OFFICERS BEING KILLED BY IPOB ESN, WHO ARE PEOPLE FATHERS, HUSBAND, UNCLE ETC AND THEIR DEPENDANTS RENDERED HELPLESS SHALL SEEK VENGEANCE AGAINST ALL OF THEM AND THEIR SUPPORTERS ANYWHERE NO MATTER HOW LONG. ANY ONE THAT DEFEND, CLAP FOR, LAUGH WITH, AND LIKES ON SOCIAL MEDIA HAS TAKEN A DEBT THAT HE OR SHE MUST PAY ONE DAY

Take this shitty garbage you typed here to those dead innocent officers. YOU LOVER OF EVIL