₦airaland Forum

saintgoogle:
Start exploring other natural resources Nigeria is blessed we have them in abundant lets leave the IPOB with there oil they can secess with it if they want or die with it for all I care

Truth234:
Naira can not fall, it has been fixed.

saintgoogle:
Start exploring other natural resources Nigeria is blessed we have them in abundant lets leave the IPOB with there oil they can secess with it if they want or die with it for all I care

CyberWolf:
As long as we keep practicing this system of government, we will continue to move in the negative direction. True federalism is the answer but we know the parasitic region that is always against it..

989900:
Unless we build refineries in Nigeria to refine the whole damn thing,and start exporting refined products, as it is, selling crude is fast turning into real bad business.

Goodboiyy:
am not An PDP supporter but I think this is a Good news to me.. Let's see how buhari manage Nigeria with Northerners Grandnut , Yam and Rice policy

Good bless Nigeria Jor
Proudly Nigerian

Kay17:
What the connective here? The system of govt presently practised is not responsible for the oil glut. True Federalism will not make the economic situation either.

Adminisher:
These are bloody lies and nobody even believes it.
Economic assasins are the international banks employees who rape a country's economy. That fits Okonjo Iweala and Segun Aganga who were Jonathan's ministers. I am even absolving Jonathan from the crime in this instance . That one was just an innocent fall guy.

The people who sent you to post this trash did not ask you to explain where all the money went during Jonathan's time? ($114 per barrel X 2million barrels X 365 days X 7 years)
Calculate it and tell us what Jonathan did with the money.

Even the article you are posting gives ZERO blame to Buhari and more to previous governmentshould

Buhari is the man that Nigeria's rulling elite permit to rule when they have stolen everything and serious trouble develops. They did it when NPN destroyed Nigeria.

The problem with the lies you empty errand boys of looters post is that retribution is already coming from the spiritual angle. All the thieves are dying painfully even before Buhari gets round to trying them.

The truth will come out but Nigerians are not fools.
Right now we have no working refineries, no developed gas infrastructure, no Ajaokuta Steel, no Brass LNG, no Mambila Hydro electric, no metallurgical foundries, no new trains at Bonny LNG and Nigerians know the party that was on seat for 17 years is to blame... not the man who entered office six months ago.

You can tell lies but Nigerians are not fools. We actually voted for Buhari because of his vindictiveNess. He targets it at pen robbers and big name thieves.

fm7070:
This is what happens when you think that running a government or company or enterprise or community is a child's play and you blame and condemn your predecessors in order to get public sympathy. The government is now in their hands. No fuel, no power, no education, boko haram still killing, economy going down daily, foreign investors are loosing confidence in Nigeria, PIB bill still hanging because of politics, etc. Only God will have mercy on this country.

Adminisher:
These are bloody lies and nobody even believes it.
Economic assasins are the international banks employees who rape a country's economy. That fits Okonjo Iweala and Segun Aganga who were Jonathan's ministers. I am even absolving Jonathan from the crime in this instance . That one was just an innocent fall guy.

The people who sent you to post this trash did not ask you to explain where all the money went during Jonathan's time? ($114 per barrel X 2million barrels X 365 days X 7 years)
Calculate it and tell us what Jonathan did with the money.

Even the article you are posting gives ZERO blame to Buhari and more to previous governmentshould

Buhari is the man that Nigeria's rulling elite permit to rule when they have stolen everything and serious trouble develops. They did it when NPN destroyed Nigeria.

The problem with the lies you empty errand boys of looters post is that retribution is already coming from the spiritual angle. All the thieves are dying painfully even before Buhari gets round to trying them.

The truth will come out but Nigerians are not fools.
Right now we have no working refineries, no developed gas infrastructure, no Ajaokuta Steel, no Brass LNG, no Mambila Hydro electric, no metallurgical foundries, no new trains at Bonny LNG and Nigerians know the party that was on seat for 17 years is to blame... not the man who entered office six months ago.

You can tell lies but Nigerians are not fools. We actually voted for Buhari because of his vindictiveNess. He targets it at pen robbers and big name thieves.

TruthHurts1:
Stand alone in your stupidity. You've been confronted with clear and pressing evidence that everything is going downhill fast but instead of turning to reason and logic you choose to embrace emotional hype and your stupid "E go better" mentality. "E go better" without evidence of an actual plan to make things better is a sign of retarded mental ability.

bankylan:
God bless you...This is the most intelligent piece I ever read on Nairaland

Valendo:
You are deceiving yourself. Were you not in this country when your useless governors said they should shared excess crude account? They almost killed that woman becos of their profligacies.

Adminisher:
Your Goodluck Jonathan and his clique has stolen your future and they have taken part of your children's own as well. Whether tribalism blinds you to the truth is besides the point. There is suffering in your present and your nearest future. Buhari will try buy still you guys will suffer the consequences of having Jonathan in office and never telling him the truth one day.
Get it straight. Things are very bleak. There is no money and there was a President for six years. One year before he left, Nigeria was not even all its selling crude . The oil price fall also compounded the problem yet Obama warned this empty nonentity called Goodluck in an address in Ghana (he never visited Nigeria because every month corrupt fund flows from Nigeria was all he was hearing from security briefings in the white house)
Goodluck is the most inferior and empty President NigerIan has ever had . All the world knows except unexposed youngsters from SE Nigeria.

989900:
Unless we build refineries in Nigeria to refine the whole damn thing,and start exporting refined products, as it is, selling crude is fast turning into real bad business.

IzonOwei:
good...but this 2011...was it part of buharis campaign in 2014\

Ioannes:
when our crude sold for $120/barrel we didnt diversify the economy. jonathan and co packed as much as they could with both hands. now crude is around $40/barrel we are expecting a miracle.

time to tighten our belts. turbulence ahead.

anonimi:
He did NOT go back on this 2011 promise when he campaigned this year so for our "incorruptible man of integrity" we should expect implementation, not so

SeverusSnape:
"We blame Jonathan and the last administration for their financial recklessness" - PassingShot

"There are some IPOD youths sabotaging this government, they shall all fail, God bless my president" - omenka

"sai Buhari!!!, wailers will always wail " - Beremx


www.nairaland.com/attachments/2186280_buhari2blaugh1_jpegc35d9ea4e30142f9302718e17f58f220

vision2050:
I hear the government are not ready to pay minimum wages again, how true is this?
People fail to speak up, fear to speak against the current situation. If it is PDP government , there would have been unrest at ojota, protest everywhere.
NB: im not a wailer, I campaigned , vote for APC but the current agony is too much to bear.

saintgoogle:
Start exploring other natural resources Nigeria is blessed we have them in abundant lets leave the IPOB with there oil they can secess with it if they want or die with it for all I care

IzonOwei:
guy....we need fast action...buhari should effect true federalism asap....we would not smile when we approach greece's predicament...

Truckpusher:
I'm here to announce to all the chai chanting dolts that your 5000 Naira is nowhere in sight.

I know some nairalanders that voted for Buhari all for five kpali, their calculation was simple - If they can get free five gees every month and add it up to whatever they get with the free meal for their kids then they'd be just fine.

Chai! The body odor has failed us - Buhari betrayed us , now how do I chant 'Sai baba' for mama nkechi to give me akara on credit.?
Anonimi and mizmycoli this is all your fault.

francizy:
We told them that he's an economic assassin, but they claimed his integrity will block loopholes.

We told them that he's corrupt just like his fellow croonies, but they claimed he never stole a dime.

We told them he's old, dull and slow, but they said they preferred a dullàrd that created Western Germany and President Mitchell's to a PhD holder that transformed the Agricultural sector of the economy.

We told them he doesn't have the moral standard, will and the technological knowhow to tackle corruption, but they claimed even witch hunting is fighting corruption.

We told them he's full of lies and deciet, but they hoped on the mirage NGN5,000 salary for the jobless and one meal pa day for their kids.

We told them that since he knew nothing about fuel subsidy, then he knows nothing about the petroleum industry/sector of the Nigerian economy but they claimed he'll stabilize world oil price and reduce PMS price to NGN40 per litre.

We told them he has no respect for the rule of law, but they claimed the judiciary was corrupt.

We told them his government is usually marked with heavy job losses and too harsh economic policies but they said they preferred to be jobless in a change government than to be gainfully employed in a Transformation government.

We told them he is not as humble as he looks but they said he had only NGN1million and 150 cows.

We told them that he's too old to govern, they claimed our youths are wasted generations.

We told them he doesn't have a certificate, they said he can use his NEPA bill.

We told them he's vindictive, but they said as far as they are concerned, he can employ all his family members, relatives and well wishers into his cabinet, even if they have no formal education, as long as they deliver.

We told them he's an enemy of democracy, they claimed they prefer his autocracy to the Nigerian Democracy.

We told them he's not humble but only a pretender, they said he'll sell off the presidential jets in order to cut cost of governance.

We told them he doesn't care about the Nigerian citizens, but they claimed he belongs to everybody and belongs to nobody, even though his appointments were mainly for the north, he embarks on fruitless journeys and speaks only to BBC Hausa.

We told them he supported Boko Haram, they told us that even if they found him in a meeting with Shekau and co, that wouldn't stop them from voting him.

We asked for any tangible thing he's done for the country after staying away from government for so long, they claimed it didn't matter.

We told him to get up from honeymoon and hit the ground running, but they called us wailers..

Finally, we told them he's a scam, but they shouted Sai Baba!

Behold Nigerians, here is your much desired change!

Valendo:
You are deceiving yourself. Were you not in this country when your useless governors said they should shared excess crude account? They almost killed that woman becos of their profligacies.

FG, States, LGs Share N568.4 Billion for Oct



[img]http://cdn1.vanguardngr.com/wp-content/uploads/2015/09/412x247xOkonjo-Iweala-e1442838220305.jpg.pagespeed.ic.nz-K0adxSv.webp[/img]



Also, $1billion was proposed for distribution to complement shortfall in expected revenue." The $1billion is a compromise by the FG over its words in September not to augment shortfalls anymore.

Responding to the presentation, the chairman of the States Commissioners of Finance and Ebonyi State Commissioner of Finance, Mr Timothy Odaah, lamented that the statutory allocation was getting smaller and smaller. "It appears this is the worst in terms of returns. This is the least in allocations as far as this year is concerned. We are mourning the dearth of funds and this is a wakeup call for states and local governments to buoy up their internally generated revenue."

While appreciating the "magnanimity" of President Goodluck Jonathan to approve the $1billion from the excess crude account and to be shared among the federal, state and local governments, Odaah expressed disappointment with the returns made by the NNPC.

He said that [size=14pt]the states had requested for $2bn[/size] to complement for the shortfall in revenue but got only $1billion. In September, Odaah and fellow commissioners had walked out of the Accountant General of the Federation (AGF) when the federal government said that the framework of the 2013 budget was no longer realistic and it won't augment shortfall in revenue. Odaah raised issues with the statutory allocations of previous months.

More from: http://allafrica.com/stories/201311150323.html

Validated:
At this rate, Naira on free fall, falling oil prices, inability to sell oil, Biafra agitation, Boko Haram moves, Governors inability to pay salaries, etc. I am sure that someone would soon call for CONFAB report. Except we continue to deceive ourselves, Nigeria's future lies ONLY on the CONFAB report. Whether we continue to massage the or masturbate around, the problem of structural imbalance will continue until we wake up.

The saying goes thus, "No matter how long you have travelled on the wrong road, the only way you can get to your destination is to stop and return to the right road". Nigeria has been travelling the wrong road in the past 55 years, the earlier we receive common sense and reverse our folly, the better.