₦airaland Forum

Truckpusher:
Boko Haram is coming o.

Not likely

We have caught the local chief sponsors of BH, Jonathan and Dasuki. Putin is raining hellfire on their current sponsors.

Jonathan is going downn!

QuotaSystem:
More tripe from a sick irrelevant failed secessionist .

You can't control your own resources yet you think you can dictate anything in this country. Bloody slave.

Come and stop Jonathans final humiliation let us see.

Go hunt periwinkles or something else you're relevant in .

Jackrich:
Even with their resources that you've taken away from them with the pretense of ''one Nigeria'' , is the Niger Delta not far more better than the North in educational growth,infrastructural growth,human development per head, income per head and so on and so forth.

You can see a lot of Northern youths roaming the streets of Port Harcourt and other city states in the Niger Delta doing hand work,very hard work just to eat ordinary food ,how many Niger Delta youths are flooding the Northern states to do menial jobs just to eat?

I think it's high time we face reality in this country and stop these empty boasts of I am better than you or you're not better than me.

Blizzy9ja:
GEJ is not abroad, he's to be honoured in switzerland pretty soon, He's not sick, if he's not in Yenegoa, he's in Abuja... Go and arrest him and prosecute him if you have enough evidence against him...

Rmbr Southern Ijaw, Rmbr d boys in the creek... E don tey wey den knack shot(if you understand what I mean)

doctokwus:
@eye4eye,I am trying to garner support for people of like minds,off and online to ask the FG of Muhammadu Buhari why GEJ has still not been invited by the efcc and even DSS to explain the many scams under his watch and the preventable loss of lives of well trained soldiers, under his watch while weapon funds were shared like a bazaar btw those in and out of power.
Please find your own way for these our voices to grow loud everyday to question all the relevant authorities as to why gej is travelling the world, exercising freedoms while he should be confined and questioned like they have done to dasuki,dokpesi,diezanni in London, etc.
Even if nland bans me,i wud not relent and other God fearing and just humans too, should not, until gej is made to pay for the various crimes he committed against Nigeria.
Even if he is given the benefit of innocent till proven guilty, he should @least be in a confined space by now answering all questions that have cropped up concerning how he supervised the rap e of Nigeria.
As long as gej is walking free,we should have no sleep until he is brought to justice!

QuotaSystem:
Open a thread for that.

#JonathanMustFaceJustice

Frustrated? Reality bites

#JonaMustFaceJustice

Truckpusher:
;D The truth hurts ? huh!

Rawani:
Jonathan failed to deliver the 2nd Niger Bridge to the SE, failed to develop or clean up his own SS and marginalized the SW which he disregarded till the elections.

Jonathan failed the North, and shot himself in the foot by establishing almajiri schools, when the almajiri system is an ideology (twisted) and not a result of lack of public schools. He failed to develop its solid mineral potentials and empowered thugs to insult the region instead.

Jonathan failed to solve the electricity problem which we have inherited, and failed to restore the refineries and instead wasted billions of dollars in scam off-shore processing agreements which Diezani and co. used to fleece this country, ultimately causing perennial fuel scarcities all through his tenure. The aftermath is what we live with today.

Jonathan failed to diversify our economy from oil in the time of oil-price boom, and emptied our foreign reserves through a combination of corruption and incapacity to lead which ended in him being tricked by his governors to share the SWF. The DIRECT aftermath of these are the economic troubles we are facing today under low oil prices, and high exchange rates which our efforts to control is resulting in our ejection from bond indexes.

Jonathan supervised the looting and mismanagement of of the defence budget through his aides (Dasuki n co.) which seriously hampered the fight against BH, and resulted in the loss of thousands of lives. The failure to fight the terrorists with political will and sincerity, resulted in their blossoming and is the reason we are still fighting them today.

"Can any TANOIDS/IPOB/GEJ till 2019 crew currently known as Give Me Biafra or I Die" tell us why Jonathan should not rot in Kirikiri prison?"

oduastates:
Than man was born to fritter away the future of generations

eye4eye:
How can Jonathan justify giving money to every Tom - D1ck and Harry? Jonathan just gave money away to his cronies and asked them to run away with the money. Jonathan was busy giving money away to people he believed could make him remain president but God had his plan for them. My fellow Nigerians, we dodge a bullet when we voted this squanderer out of office. We would have been bankrupted today if Jonathan was still in office.

Can any TANOIDS/IPOB/GEJ till 2019 crew currently known as "Give Me Biafra or I Die" tell us why Jonathan should not rot in Kirikiri prison?

Can any of you justify the give away printed below?





Jonathan Gives Away 2 Trillion Naira to His Cronies Before Leaving Office


The Federal Government (FG), under the leadership of President Goodluck Jonathan, has spent at least N1.732trn on intervention funds in different sectors of the economy, investigation has found.

The figure represents the sum of the amounts approved by the FG as intervention funds between 2010, when Jonathan became President, and December 2012.

Some of the intervention funds include the N200bn Small and Medium Guarantee Scheme, N200bn Restructuring and Refinancing Facility Scheme and the N300bn Power and Airline Intervention Fund.


Others are the N75bn Grooming Enterprise Leaders Business Intervention Fund, N32bn Entertainment Intervention Fund and N10.71bn Commercial Agriculture Credit Guarantee Scheme to six banks by the Central Bank of Nigeria.

Also on the long list of intervention funds, are the N300bn approved for the hotel and leisure sub-sector in 2012; N200bn for indigenous pharmaceutical companies and N100bn textile industry bailout.

The FG also disbursed N126.1bn as export expansion grant between 2010 and 2012.



Also in 2010, the FG reportedly disbursed about N7.9bn to 25 companies from the National Automotive Fund. The money was for the production of vehicles, motorcycles and bicycle tyres and accessories.

An additional N3bn was earmarked for disbursement to nine companies before the end of that year.

In July 2012, the FG approved N330m grants to assist 20,000 farmers in Lagos state.

Similarly, in November, 2012, the FG, in collaboration with the Central Bank of Nigeria, disbursed a soft loan worth N9.4m to members of the Nigeria Cassava Growers Association, Nasarawa State chapter.


As at July 2011, the Bank of Industry had reportedly disbursed N195bn out of the N200bn meant for the refinancing of the manufacturing sector to 518 companies across the six geo-political zones, while N83bn out of the N300bn for the power and aviation sectors had also been disbursed to companies in these sectors.


As part of FG’s intervention in education in 2012, it approved N95.653bn for public tertiary institutions in the country, through the Tertiary Education Trust Fund.


Within the period under review, the FG disbursed several funds through the Universal Basic Education Commission. One of such was N94m disbursed to 125 communities in Bayelsa State, in September, 2011, for self-help projects.


In the agricultural sector, the CBN, through its Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, approved a take-off grant of N75bn to boost agriculture businesses.

The Head, Project Implementation of NIRSAL, CBN, Mr. Jude Uzonwanne, reportedly said N45bn from the N75bn had been set aside as loans to the farmers, while the balance would be used to train and insure them.


Irked by the situation in which government’s interventions have had little or no impact on the economy, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), conducted a survey and found that only six per cent of industrialists accessed the funds.

NACCIMA said this at the presentation of the survey report to stakeholders in July 2012.

NACCIMA President, Dr. Ademola Ajayi, said the intervention funds were faced with the problem of accessibility.

According to Ajayi, despite the FG’s N100bn textile bailout fund, less than 25 per cent of textile manufacturers were operating above 50 per cent capacity utilisation.


Apart from inability of stakeholders to access the government’s intervention funds, there have been discrepancies in the administration of the funds.

While some of the funds have been diverted to other uses, parts of the funds can no longer be accounted for.

The Senate Committee on Public Accounts, last year, raised the alarm over a missing N44bn from the FG’s Special Intervention Fund on Solid Minerals.

The committee discovered the missing funds during an interactive session it had with officials of the Federal Ministry of Finance, the Central Bank of Nigeria and the Office of the Accountant-General of the Federation.

The committee said despite the fact that the fund was created by the FG as a special intervention fund to develop the non-oil sector of the nation’s economy, no project had been accomplished in the sector.

According to the Senator Ahmad Lawan-led committee, the records of the Federal Ministry of Finance and that of the CBN could not properly account for about N44bn, out of the total figure of N873bn, between 2002 and May 31, 2012.

The committee also found that part of the funds had been used to finance projects in other sectors.

Meanwhile, an anti-corruption group, Coalition for Against Corrupt Leaders (CACOL), said Nigerians had yet to see the impact of the funds on their lives.

The Executive Chairman, CACOL, Mr. Debo Adeniran, said, “The funds are meant to settle the boys, the political elite. It is just a palliative to hoodwink people into believing that the government is helping them.

“The solution is not to dole out funds but to make sure jobs are generated and infrastructure is developed to encourage small and medium-scale industries. There should be micro-credit facilities for entrepreneurs to increase local content. Most intervention funds are a wrong step in the right direction. The government is just chasing shadows. The funds will not make people face the reality to be creative and productive.”

Another group, Socio-Economic Rights and Accountability Project (SERAP), said it was improper for the government to approve intervention funds for private enterprises, citing the example of the aviation sector.

The Executive Director, SERAP, Mr. Adetokunbo Mumuni, said, “If the government allocates funds for public institutions, provided it is properly accounted for, it is acceptable; when such funds are for private businesses, it is not acceptable. Why use the public funds to intervene in private enterprises? It is unreasonable and unjustifiable.

“Spending on private businesses sounds fraudulent. Monies have been spent without proper account for them. The government can only give financial intervention, provided funds would be spent transparently and accountably.”


https://www.naij.com/19841.html

jayfolarin:
Imagine the set of foools nigeria has as its youth. Disgusting set of humans whose only defence in support of a president who ruined their lives and deprived them of living like 'normal humans' is ''He's in bayelsa, Go and arrest him..'' What a set of complete lunatics we have in that country called nigeria!!!

eye4eye:
May chukwu okike abiama destroy your entire family before the end of this year.

GenbIoodykiller:
[s][/s]

Ikpu nne i there

SonOfEl:
Arrest obj, tinubu, ibb, then I will take you guys serious

eye4eye:
So you didn't break any rule with rubbish you typed earlier before I asked chukwu okike abiama to destroy your life?

Nonsense