DjHypno:
Blame it on GEJ

What concerns GEJ when state governors don't pay salaries?

You have a point but all the states governors cant be lazy at the same time. Electorate then will know their governor is lazy and vote him out immediately.

bushdoc9919:


Even with true federalism.....you would still have many lazy state governors.

The fact is...most Nigerians don't want true federalism. Most Nigerians just want to chop oil money all day long...and that includes many of the true federalism advocates.

Because it is far easier to do that than actually work at developing innovative economies.

Billyonaire:
These right-brained writers will never admit that no party since the history of the geographical expression called Nigeria could survive the military for up to 16 yrs, from the days of Action Group, to NPN, so SDP and NRC. It took PDP to keep the military away from politics and handover Nigeria as a Democratic Entity to another civilian party. APC the way it is constituted could NEVER have handled it the way PDP handled Nigeria and diplomatically transitioned it from one party state to a multi-party democracy.

You must give it to PDP. Without PDP, there would have been no democratic Nigeria. Needless to say, there would have been no APC. So therefore, APC is just a grandchild of PDP.

Fullstop fools.

Problem is...PDP just repeated the same old mistake that most past Nigerian govts have made.....run resource dependent economies.

Which is really our problem.

And many PDP run states are just as resource dependent as the non PDP states.Most PDP govs aren't interested in developing innovative oil free economies....which WOULD actually guarantee true federalism.

Instead...it is just sell raw materials...and share the money.

Stop trying to deflect blame from PDP.If they had done something about our resource dependency....especially by fixing our light issue....We would have had a BIG GDP...and oil won't even be our major source of income anymore.

We can no longer live on selling oil and groundnut and cocoa and palm anymore. We must live by our brains and innovation. Simples.

Dewze:
Why is it that Nigerian journalists do not know how to summarize and make their points early enough in their write up. For crying out loud, why spend half of your write up talking about all the problems in Nigeria like we do not know them already. You only end up making your article unnecessarily long, tedious and boring.

Blame your inability to read long. The article is very professional, given details is what makes a good tabloid. That means if you get a copy of New York Times Magazine, you start asking for a summary copy. African man hates reading.

We shall start payment of the 'unpaid salaries ' with GEJ & Okonjo Iweala's pensions and severance allowances! Pigs...

xandy84:
You have a point but all the states governors cant be lazy at the same time. Electorate then will know their governor is lazy and vote him out immediately.

Ah....Nigerians think that democracy ends with the election. It does not. It is just the beginning of a process.

xandy84:
It nothing to be ashame of bro.. Ask yourself if the price of oil which is the only major export is same now and 2007. The realities on ground is that it can't be business as usual.. Lots of things has to change.
As much as i want anybody who stole commonwealth to be persecuted but that can wait, incoming administration should prioritise her objectives..

Is Nigeria the only country that has oil as the main stay of its economy? How many oil producing are experiencing fuel shortage? Just yesterday Niger Republic offered to give us two million (or so) litres of fuel. Is this not enough to make the highest oil producing nation to be ashamed?

myproperty:


What concerns GEJ when state governors don't pay salaries?

Partly right and partly wrong you are.

Right in the sense that most of our governors are not interested in developing innovative economies. Only Lagos appears to be generating most of its revenue...the rest just wait for the oil money to drop from the trees of sustenance.

Wrong in the sense that PDP ruling economics has not been favorable to the development of a true industrial economy....which is why our installed capacity of electricity can only provide half our needs. No electricity=no industry=no jobs= no tax revenues especially from local and foreign investors.

coolcharm:
Baba is coming to inherit gbese. No worries, who ever has stolen our money must vomit it o.

What if they refused to pay, or even pay a fraction Or worse they can decide to go to jail and keep the loot for their family.

Dewze:
Why is it that Nigerian journalists do not know how to summarize and make their points early enough in their write up. For crying out loud, why spend half of your write up talking about all the problems in Nigeria like we do not know them already. You only end up making your article unnecessarily long, tedious and boring.

Where do you want NECO to see passages to set in their exams if it is short?

OrlandoOwoh:

Is Nigeria the only country that has oil as the main stay of its economy? How many oil producing are experiencing fuel shortage? Just yesterday Niger Republic offered to give us two million (or so) litres of fuel. Is this not enough to make the highest oil producing nation to be ashamed?

Well part of our problem is our under-performing refineries.

Another issue is we don't have enough refineries.

efilefun:
It's a pity some people wanted this same administration to continue sucking and milking the nation dry for the next four years. Obasanjo was widely criticized but I could remember a statement Obasanjo made after settling nigeria's foreign debts "now that the debts are being settled no foreigner will ever accuse you of owing his or her country when you are on their land" fast forward to 2015 and the case is something else, when u tell a foreigner you from Nigeria, they start looking at you with pity like someone who had been in hell throughout he's or her life.

It's so obvious if all funds embezzled only in this outgoing administration is recovered it will serve the nation for the next four years without touching a dime from the oil industry and other sectors.

guy i disagree with u,-is it only nigeria that is in debt? How can any country look down on nigeria because of debt, american is d highest debtors, and nobody dare look down on them. The difference is that american make use of it, but nigeria wil eat their debt without making use of it.

efilefun:
It's a pity some people wanted this same administration to continue sucking and milking the nation dry for the next four years. Obasanjo was widely criticized but I could remember a statement Obasanjo made after settling nigeria's foreign debts "now that the debts are being settled no foreigner will ever accuse you of owing his or her country when you are on their land" fast forward to 2015 and the case is something else, when u tell a foreigner you from Nigeria, they start looking at you with pity like someone who had been in hell throughout he's or her life.

It's so obvious if all funds embezzled only in this outgoing administration is recovered it will serve the nation for the next four years without touching a dime from the oil industry and other sectors.

guy i disagree with u,-is it only nigeria that is in debt? How can any country look down on nigeria because of debt, american is d highest debtors, and nobody dare look down on them. The difference is that american make use of it, but nigeria wil eat their debt without making use of it. gej is hero in corruption

utytill:
Is federal govt. indebted to any state?

I didn't know someone could reason above average intelligence like you just did. I was about pointing that out though. Everybody points finger @ GEJ and the federal govt for blames that's suppose to go to the state and local govt. I just pity this country. We know our problems but we don't know where it is coming from so we can never tackle it right.

bushdoc9919:


Partly right and partly wrong you are.

Right in the sense that most of our governors are not interested in developing innovative economies. Only Lagos appears to be generating most of its revenue...the rest just wait for the oil money to drop from the trees of sustenance.

Wrong in the sense that PDP ruling economics has not been favorable to the development of a true industrial economy....which is why our installed capacity of electricity can only provide half our needs. No electricity=no industry=no jobs= no tax revenues especially from local and foreign investors.

I thought the issue is about unpaid salaries? States depending on federal allocation which reduces with reduction in price of crude oil

publicenemy:
Hmnnn... And some people dey cAll GEJ heroe.

Is the federal govt and Gej owing any state? If your Father hasn't been paid, hold your governor or chairman responsible ans stop shifting blames to a convenient dump site (fed govt. And Gej)

myproperty:


I thought the issue is about unpaid salaries? States depending on federal allocation which reduces with reduction in price of crude oil

Well

1.If States had developed innovative economies....they would have had the cash for salaries.

2.If the Federal Govt had done its bit and fixed the lights....then power would have been available to power said innovative economies.

But we are a resource dependent society. We prefer to sell raw materials to the West...and chop the money.

holyokoto:
Even our national Depth has extremely increased, Only God will punish our predecessors and the GEJ administrators. Baba has a lot of work to do, I believe God is on his side

How many feet??

bushdoc9919:


Problem is...PDP just repeated the same old mistake that most past Nigerian govts have made.....run resource dependent economies.

Which is really our problem.

And many PDP run states are just as resource dependent as the non PDP states.Most PDP govs aren't interested in developing innovative oil free economies....which WOULD actually guarantee true federalism.

Instead...it is just sell raw materials...and share the money.

Stop trying to deflect blame from PDP.If they had done something about our resource dependency....especially by fixing our light issue....We would have had a BIG GDP...and oil won't even be our major source of income anymore.

We can no longer live on selling oil and groundnut and cocoa and palm anymore. We must live by our brains and innovation. Simples.

Even a kid in kindergarten knows that you have scantly made sense. Keeping a country under civil rule is one goal without which you can not even start talking about Economic Models. PDP as a political party is the best thing to happen to Democracy in Nigeria, at least for now. we are giving APC chance to do something better and different, you can not compare PDP to nothing, we are about to compare it to something called APC. The way I see it, we need the grace of the spirits to stop all of us from mass trekking occasioned by Buhariosis.

efilefun:
It's a pity some people wanted this same administration to continue sucking and milking the nation dry for the next four years. Obasanjo was widely criticized but I could remember a statement Obasanjo made after settling nigeria's foreign debts "now that the debts are being settled no foreigner will ever accuse you of owing his or her country when you are on their land" fast forward to 2015 and the case is something else, when u tell a foreigner you from Nigeria, they start looking at you with pity like someone who had been in hell throughout he's or her life.

It's so obvious if all funds embezzled only in this outgoing administration is recovered it will serve the nation for the next four years without touching a dime from the oil industry and other sectors.

Embezzled by who? Please give me names and cases.
Am not sure u know wat the past leaders before GEJ did, but I don't blame u because none of them signed the FOI bill, so u really knew nothing baq den my dear.
And am still waiting for names, and don't forget no president ever in the history of Nigeria has performed like GEJ, in all sectors. If u doubt it, google is just on ur fone, u really need to be informed, and no body has ever invested in agriculture, power, security, roads like GEJ, so that's where the mone went to, so am wondering who and wat was embezzled or don't even quote me.

engrkenny:


How many feet??

6 feet

utytill:
Is federal govt. indebted to any state?

all those yeye governors should be probed. If they can pay salaries what were they use their allocation for? They did not have money to pay salaries but they have money to campaing?

Where in the post did i state other "thieves" before GEJ didnt embezzle Moreover the power, security and roads he invested Billions if not trillions on, can you kindly point out a big project executed or the improvement of power supply in your area... dont worry i pray very soon when this inflated projects are been prob, the way money would be recovered you would know Abacha is definitely a learner in the game. Good day

Pavarottii:

Embezzled by who? Please give me names and cases.
Am not sure u know wat the past leaders before GEJ did, but I don't blame u because none of them signed the FOI bill, so u really knew nothing baq den my dear.
And am still waiting for names, and don't forget no president ever in the history of Nigeria has performed like GEJ, in all sectors. If u doubt it, google is just on ur fone, u really need to be informed, and no body has ever invested in agriculture, power, security, roads like GEJ, so that's where the mone went to, so am wondering who and wat was embezzled or don't even quote me.

Propaganda! Propagando! Propagandumb!
They can't decieve me, even if they can decieve gullible Nigerians.
No President in the history of Nigeria, has performed like GEJ.
He functioned in all sectors like no other.
If anyone is in doubt, don't cover ur eyes wiv tribalism, and hatred.
Just go to google! Just to mention a few,
Roads, Railway, Aviation, Education, Health, Power, Economy, ICT, AGRICULTURE, Employment, Automobile policy, Trade and Investment... Just to mention a few. The airforce, navy and army av never been spent on like the way this administration has done.
GEJ go and rest in peace, they know they have nothing against u, they just wanted power by force since 2003. They say he embezzled, but they can't tag any corruption case to u, since u we're born, from deputy Gov to President, and u say he sucked the nation dry, am wondering how, he has no school owned by him; the only president that didn't allocate any oill well to anybody; that does not have any company that u can relate to him!
Don't worry, Posterity will judge us all.
God bless Nigeria.

kodded:
sheabi imo, rivers, osun are all pdp states ?

dd i hear u say osun? A knock on ur head...

efilefun:
Where in the post did i state other "thieves" before GEJ didnt embezzle Moreover the power, security and roads he invested Billions if not trillions on, can you kindly point out a big project executed or the improvement of power supply in your area... dont worry i pray very soon when this inflated projects are been prob, the way money would be recovered you would know Abacha is definitely a learner in the game. Good day

Well let's wait and see how money will be recovered.
And to say the least, I stay at Odili Road, Port Harcourt, and I av 20hours of light daily. Have a good day also

Sweetguy25:
The commentator made a grave error by saying that the united states operates a better budgetary system than Nigeria.
If I'm right, the US has a budget of about 3 trillion dollars (about 500 trillion naira) and over 90 percent of the budget is spent on recurrent expenditure. I doubt if the US federal government budgets on capital expenditure.
There's absolutely nothing wrong with the Nigerian budget.






I know what I'm saying. The Nigerian government has the ability and authority to create money(naira) by fiat.
There is something called quantitative easing, its a monetary policy instrument used by government to stimulate the economy.
The Nigerian government should adopt such policies to solve some of their expenditure problems. The United states of America does the same thing.

The policy of quantitative easing is right but our CBN here and financial guys can not handle it. All you will see is the inverse of it by creating more inflation on the long run which ought not to be

bushdoc9919:


Well

1.If States had developed innovative economies....they would have had the cash for salaries.

How can you have innovative economies when you, as a society, cannot make the necessary SACRIFICE to ensure that ALL your children are educated?

Does anyone know how that is possible

Pavarottii:
Propaganda! Propagando! Propagandumb!
They can't decieve me, even if they can decieve gullible Nigerians.
No President in the history of Nigeria, has performed like GEJ.
He functioned in all sectors like no other.
If anyone is in doubt, don't cover ur eyes wiv tribalism, and hatred.
Just go to google! Just to mention a few,
Roads, Railway, Aviation, Education, Health, Power, Economy, ICT, AGRICULTURE, Employment, Automobile policy, Trade and Investment... Just to mention a few. The airforce, navy and army av never been spent on like the way this administration has done.
GEJ go and rest in peace, they know they have nothing against u, they just wanted power by force since 2003. They say he embezzled, but they can't tag any corruption case to u, since u we're born, from deputy Gov to President, and u say he sucked the nation dry, am wondering how, he has no school owned by him; the only president that didn't allocate any oill well to anybody; that does not have any company that u can relate to him!
Don't worry, Posterity will judge us all.
God bless Nigeria.

Nice write up. But tell me, how do you judge performance? Isnit the volume of money that goes to a department/ministry/agency or the actual effect of the spend? If Nigeria was a company, its already on its way to bankruptcy. The years GEJ handled the Nigeria as a business till now, what profit has come out of it. If placed in a simple Profit and Loss book, you would see that Nigeria has been makimg loss year in year out. The GDP rebasing were not his hand work. The calculation were just done in his regime. The foreign reserve went down more than 50 percent. GEJ is a good man, he only lacked the will power to pull some national shots for a country like Nigeria. God bless the Great Nigeria

This thread makes me laugh and is so predictable. Few weeks ago I said that because the expectations created by the incoming regime were unrealistic, they would have to find a way of managing expectations which would require claiming that the old regime had "finished all the money".

Anyone with a modicum of sense would realise that Nigeria subsists on a diet of daily, mostly oil, revenue. Unless GEJ is taking the oil wells with him back to Otuoke, the fiscal situation now is no worse than it was in March when we were being promised heaven and earth. Oil prices are higher than they were in March.

It's also important to note that we were fed with a lot of outlandish claims such as $49bn missing in an 18 month period. Even taking into consideration the fall in oil prices, why are we now being led to believe that this otherwise stolen revenue would no longer be generated after May 29?

Started out well and thought to respond before I noticed you are Aregbesola's spokesman so its in the bin but as a passing shot. Before the warning of your boss was a more important one by NOI to temper spending in the heady days of excess liquidity. Guess you have selective historicals. Just advice GMB to lay off half the civil servants and states do the same. Any organization that cannot honour its obligations should be declared bankrupt. States should be taken over by AMCON, their assets siezed and liquidated to pay their debts and their civil servants sold into slavery to other states better managed. My two naira...whatever its worth....

Positiveminds:
Just read two paragraphs. Op, you are a promoter of evil conspiracies and unguarded media disaster.

You seem to have forgotten that Buhari governed Nigeria in the past, and that government is a continuum. Buhari is part of the problems of Nigeria. All these write-up from you people is only advanced template for inherent failure. Should Buhari fail, he will face a turbulent time with the social media, and trust me, he cannot kill everybody.

please what was the debt profile before this current administration?