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Politics / Re: #BuhariFulaniAlliance Trending On Twitter [snapshots] by philanthropist1(m): 2:03pm On Apr 26, 2016
If they like, let them block me again...... they only solution to Nigeria problem is to divide this country...... BIAFRA all the way
Health / Re: What's This? What Appeared On My Mother's Hands by philanthropist1(m): 3:28pm On Apr 22, 2016
Herbal medications will help than foreign drugs
Politics / Re: Fayose Writes Chinese Govt To Stop Fg’s $2bn Loan Request by philanthropist1(m): 6:41pm On Apr 14, 2016
I love this man(FAYOSE) courage.... The Dullard president wants to sink this nation
Politics / Fayose Writes Chinese Govt To Stop Fg’s $2bn Loan Request by philanthropist1(m): 6:39pm On Apr 14, 2016
Governor Ayodele Fayose of Ekiti State has
written the Chinese government, seeking the
stoppage of the $2 billion loan being sought
by the Federal Government, saying that “the
government of China should be mindful of the
fact that Nigerians, irrespective of their
political and religious affiliations are totally
opposed to increment of the country’s debt
burden, which is already being serviced with
25 per cent of the Federal Government annual
budget.”
In the letter dated April 12, 2016, with
reference number EK/GOV/28/10, addressed
to President Xi Jinping of China and delivered
by Chief of Staff to the governor, Barrister
Dipo Anisulowo in Abuja on Thursday, through
the Chinese Ambassador to Nigeria, Gu
Xiaojie, Governor Fayose said some of the
projects for which the loan was being sought
were not captured in the controversial 2016
budget, which has been sent to the President
by the National Assembly for his assent.
Anisulowo, who was accompanied by Deputy
Speaker of the State House of Assembly, Hon
Segun Adewumi, Chairman House Committee
on Information, Gboyega Aribisogan, Chairman
House Committee on Health, Dr
Samuel Omotosho and Special Assistant to
the Governor on Public Communications and
New Media, Lere Olayinka, said Governor
Fayose, who is in China will also deliver a
copy of the letter directly to the Chinese
President.
The letter read; “I write as one of the major
stakeholders in the project Nigeria, and a
governor of one of the federating units
making up Nigeria, to draw your attention to
report that the Federal Government of Nigeria
is on the verge of obtaining a $2 billion loan
from the Export-Import Bank of China.
“This $2 billion loan is part of the N1.84
trillion the Federal Government of Nigeria has
proposed to borrow to finance the 2016
budget, which is yet to be signed by the
President, Muhammadu Buhari, owing to
unending controversies between the Executive
and Legislative arms of government.
“According to reports, Nigeria desires to raise
about $5 billion abroad to cover part of its
2016 budget deficit. This is projected to hit
N3 trillion ($15 billion) due to heavy
infrastructure spending at a time when the
slump in global oil prices has slashed the
country’s export revenues.
“While conceding that all nations, especially
developing ones need support to be able to
grow because no nation is an island, I am
constrained to inform you that if the future of
Nigeria must be protected, the country does
not need any loan at this time.
“The government of China should be mindful
of the fact that Nigerians, irrespective of their
political and religious affiliations are totally
opposed to increment of the country’s debt
burden, which is already being serviced with
25 per cent of the Federal Government annual
budget.
“It will interest the government of China to
know that some of the projects for which the
loan is being sought are not captured in the
controversial 2016 budget, which has been
sent to the President by the National
Assembly for his assent. For instance, the
Lagos–Calabar Rail project was not included
in the budget proposal the President
presented to the National Assembly and it
was not included in the Appropriation Bill
passed by the National Assembly.
“Most importantly, Nigeria is presently
servicing debt with about 25 per cent of its
annual budget and what will happen to the
economy in 2017, when the country will begin
to service the additional debt to be incurred
this year is better imagined than experienced.
“The Chinese government must also be aware
that some western nations approached by the
Federal Government for loan diplomatically
and cleverly declined.
“This must have been informed by the
suspicion in the present government’s
capacity to salvage the nation’s economy, as
well as the sincerity in the fight against
corruption. More so that Nigeria’s Foreign
Reserve, which is the only guarantee for
foreign loan has declined to a very
uncomfortable level.
“For instance, the UK Telegraph Newspaper
reported today that hundreds of millions of
pounds of British foreign aid given to Nigeria
to help combat Boko Haram terrorists is
instead being used to fund a witch-hunt
against opposition politicians.
“Therefore, like the foreign aid that is
reportedly being mismanaged, whatever loan
that is granted to the Federal Government of
Nigeria by the Chinese Government may be
mismanaged too.
“In my opinion, Nigeria needs the collaboration
of the Government of China in the area of
technology transfer, rather than granting loan
that will be mismanaged under the guise of
building infrastructure.
“It is also important for the Government of
China to note that the Federal Government of
Nigeria claimed to have recovered and still
recovering trillions of Naira allegedly looted
from the treasury. For instance, over $200
billion is expected to be recovered from
Dubai, the United Arab Emirate while N3
trillion was said to have been saved from the
Treasury Single Account (TSA).
“The Federal Inland Revenue Service (FIRS)
has also said that it will generate not less
than N4.5 trillion this year. What then is the
rationale behind the $2 billion loan from
China?
“As a result of the government’s bad
economic policies, the middle class has been
eliminated, power supply is at its lowest ebb,
petrol is not available and by the time fresh
loans begin to pile up, 95 per cent of
Nigerians will definitely be pauperised.
“Particularly, by the autocratic nature of our
president, the Federal Government is not
prepared to listen to wise counsel, hence the
desperation to take unwarranted loans even if
the future of Nigeria and its people will be
mortgaged.
“It will also interest Your Excellency that our
president's visit to china will be his 28th trip
outside Nigeria since he assumed office 10
months ago and this unnecessary foreign trip
is estimated to have cause the country $50
million.
“I therefore appeal to Your Excellency to
assist Nigeria and its people in the area of
technology transfer so as to limit importation
of goods and services, rather than granting
the country unnecessary loan.
“In conclusion, I wish to state that this letter
and information became necessary for
posterity sake and to put it on record that
when the future of Nigeria and its people was
going to be mortgaged through loan from the
People's Republic of China, I stood up to be
counted in defence of our country.”





source: www.vanguardngr.com/2016/04/fayose-writes-chinese-govt-to-stop-fgs-2bn-loan-reque
Politics / Presidency To Vandals: We’ll Treat You Like Boko Haram by philanthropist1(m): 6:08pm On Apr 13, 2016
President Muhammadu Buhari has warned
vandals and saboteurs blowing up oil and gas
installations in Nigeria to desist immediately
or face the same drastic action being taken
against Boko Haram by the Armed Forces.
President Buhari said this while speaking at a
meeting with members of the Nigerian
Community on Wednesday in Beijing, China.
The President reaffirmed his total
commitment to winning the war against
corruption, saying that corruption was an arch-
enemy of the nation which has destroyed the
lives of many Nigerians.
“I ask for your support to make our vision of
stamping out corruption a reality in the
shortest possible time. Whoever is caught will
not be spared.
“The government is still being dared, but those
who are sensible should have learnt a lesson.
Those who are mad, let them continue in their
madness.
“I am aware that in the last two weeks, the
national grid collapsed a number of times. I
hope this message will reach the vandals and
saboteurs who are blowing up pipelines and
installations.
“We will deal with them the way we dealt with
Boko Haram,” the President declared.
President Buhari assured the Nigerian
Community that the Federal Government was
working very hard to overcome current
national challenges and deliver on its promise
of a better Nigeria.
“Clearly, our vision of a diversified and
inclusive economy will not be achieved
overnight. It will be a long, and in some cases,
painful journey. I am very confident we will
get there. But we must start that journey
now.
“We hear proposals for short cuts or quick
wins. However, all we need to do is look at
our history to know that there are no quick
wins or short cuts in fixing Nigeria. The many
decades of damage and destruction cannot be
repaired overnight.
“The reform program we are implementing is
not because oil prices are below $45 per
barrel today. It is because when oil prices
were over $100 per barrel, majority of
Nigerians were still suffering. They were
simply forgotten and left behind. So, our
reforms are to ensure that the majority of
Nigerians are not left behind,” the President
told the gathering.
President Buhari also assured the Nigerian
community that his administration was
fulfilling its promise to improve security across
the country.
“When we came into office in 2015, Boko
Haram insurgents occupied 14 Local
Government Areas. Today, I am pleased to
say the insurgents have been routed out of
these local governments and their capacity to
fight as a force has been significantly
degraded.
“We will continue working hard to ensure that
the group is eliminated. This is achievable.
And we will not settle for anything less,” he
said.



source: thenationonlineng.net/presidency-to-vandals-well-treat-you-like-boko-haram/
Politics / Re: Blackout, Cash Crunch Ground APC Headquarters - The Sun by philanthropist1(m): 6:23pm On Apr 12, 2016
I still don't know why Tinubu is not talking and why one Rev. Father that has been praising this government is now dump :-XI still don't know why Tinubu is not talking and why one Rev. Father that has been praising this government is now dump
Politics / Re: 160 Fuel Tankers Allocated To The North, 40 To The South-West by philanthropist1(m): 7:12am On Apr 06, 2016
aare07:
although am from Oyo state. Are Northern States not part of NIgeria ? let unite and build this nation for greater tomorrow.
#saynotomediapropaganda


ZOMBIE
Jokes Etc / Re: Boy Stands On The Big Booty Of A Woman (photo) by philanthropist1(m): 1:36pm On Mar 17, 2016
Buhari sef

6 Likes

Celebrities / Re: Peter Okoye Reveals Only Thing That Can End Their Bitter Fight by philanthropist1(m): 12:10pm On Mar 17, 2016
Buhari sef
Politics / Re: Alledged Plan To Islamise Nigeria: “Methodist Prelate Refutes Report”.. by philanthropist1(m): 9:53am On Mar 16, 2016
most of us knows the truth but I think time will tell and eyes will open
Politics / Re: President Buhari Arrives Equitorial Guinea by philanthropist1(m): 7:23am On Mar 15, 2016
Please you guys should not spoil his job. Do u people know millions of dollars he makes from each trip? that's the only means he can loot Nigeria because they claim to be fighting corruption.

2 Likes

Politics / Re: What's The Present Situation Of Electricity In Your Area? by philanthropist1(m): 10:39am On Mar 09, 2016
my generator is trying since February

1 Like

Celebrities / Re: Ali-Baba Gets N2m From Jacob Zuma's Visit To Nigeria by philanthropist1(m): 4:11pm On Mar 08, 2016
will he give him raw cash or cheque?
Politics / Re: Niger-Delta Militants Bomb Pipeline In Under Water Attack by philanthropist1(m): 8:32pm On Mar 04, 2016
Na real bombing or fake one?
Education / Re: I'm A Victim Of Fake JAMB Runz - Help! by philanthropist1(m): 5:44am On Feb 29, 2016
I had the same experience during my own time in 2011 but luckily for me, they didn't send it to me early or due to network problem so I wrote English and Biology by my self and refused to clean it when I got their text. Lo and behold I got highest scores in English and biology which made me reach 190. Today am a graduate with good BSc. result (in view). Note: because of what happened, I decided not to commit examination malpractice again.

1 Like 1 Share

Politics / Re: Buhari Wants To Islamise Nigeria- Fayose by philanthropist1(m): 9:22pm On Feb 27, 2016
In every nonsense, there is always a sense

3 Likes

Business / Somebody Won 36.7 Million Naira From Bet9ja Today by philanthropist1(m): 7:44pm On Feb 24, 2016
Bet9ja flashed this coupon number b941aqpsttzqe-219492 on their site today so I decided to check it out, behold the person won 36.7 million. you can still check it out by yourself. Luck differs!!!
Religion / Re: Buhari Told Me Why People Can’t Shout ‘Nagode Allah’ In Nigeria – Mbaka by philanthropist1(m): 12:53pm On Feb 23, 2016
well in less than three years will tell
Career / Re: What Do You Tell Your Current Employer If You Want To Go For Interview Elsewhere by philanthropist1(m): 11:30am On Feb 23, 2016
Siberia101:
I'll tell him I want to go for an interview with a better firm..

I'm a Born Again Christian

lol......mumu
Politics / Re: #BenueSouthDecides: David Mark Leads In 5 LGAs With Over 18000 Votes - Vanguard by philanthropist1(m): 6:27am On Feb 21, 2016
Masses don't want the scam change again.......DIARIS God ooooo

43 Likes 5 Shares

Politics / Re: Nigerian Military, Police, Others Can’t Find Tompolo – EFCC by philanthropist1(m): 11:48pm On Feb 19, 2016
Government of lies! from leaders to military men now! but wait oooo I observed something PMB always travel when ever Nnamdi Kanu has court case, so if you believe he is afraid of him, kindly hit LIKE

2 Likes

Politics / Re: President Buhari Departs For Egypt(photos) by philanthropist1(m): 7:23pm On Feb 19, 2016
This stupid man sef

27 Likes 2 Shares

Romance / Re: How To Permanently Stop Masturbation (lessons From An Ex-chronic Masturbator) by philanthropist1(m): 8:11pm On Feb 15, 2016
Sanchase:
If you keep masturbating, one day you will discharge your brain cells.



you are right..... and too much of masturbation will lead you not to enjoy real sex, brain diseases like Parkinson's disease.
Politics / Re: 7-Year-Old Planned To Bomb Dalori IDP Camp, Gets Arrested by philanthropist1(m): 4:50pm On Feb 15, 2016
IF I DON'T SEE ANY REASON TO PRAISE GOD EACH DAY, I ALWAYS THANK HIM FOR MAKING SE AND SS A CONDUCIVE PLACE TO LIVE.
GOD PLEASE HELP NORTHERS. NORTHERNERS LEADERS SHOULD SUCCOR THEMSELVES...... 275 BOKO HARAM PRISONERS WERE RELEASED RECENTLY.

1 Like

Romance / Re: I Stormed His Wedding & Made Him Cry After He Broke My Heart by philanthropist1(m): 4:36pm On Feb 15, 2016
THIS MUST BE A PHILIPPINE MOVIE
Politics / Re: FLASH: Boko Haram Militants Kill 30 by philanthropist1(m): 5:41am On Feb 14, 2016
And 275 Boko Haram suspects were released few days ago..... SCAM GOVT.

1 Like

Crime / Re: Pics: Ikirun Armed Robbery Scene (18+) by philanthropist1(m): 8:19am On Feb 13, 2016
This is so scary shocked!! I don't want war again ooooo
Foreign Affairs / Re: Woman Hides Stolen Money In Her Vagina (Photo) by philanthropist1(m): 4:35pm On Feb 11, 2016
ADONBELIVIT.... okay where is the money in the vagina?

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