₦airaland Forum

They should just go after the governors without giving this condition. ...just go after them...they are all useless and have unleashed u told suffering on the masses.... ....Infact that should have been the primary mission of the militants b4 extending the fight to the north and west....

It was only 2 days ago I was suggesting to someone that Boroh should be sacked and Dr Tuodolo should be given that position which he rightly deserved but was given to Kingsley Kuku. Tuodolo is the one these militants will all listen to and not Timi Alaibe. Tuodolo Felix birthed the struggle, founder of the IYC past president-Europe of the INC, and co signatory to the Kaiama declaration.

No one at this time is better placed to engage the youths of the region.

SleekAboki:
Dialogue is the only way forward as has shown by the Avengers that the military is no match for them. It is now left for buhari to met their pre conditions so both parties can come to the presidential round table at Aso rock.

Dialogue with who, criminals? Criminals will always be criminals. These same criminals made the same demands when yar adua was president, they were generally settled. Their foot soldiers were given N65,000 every month for over 5 years, while their leaders were settled with billions of dollars in cash and pipeline contracts), tompolo was even handed over NIMASA and Nigerian maritime waters.

Now, that Buhari has defeated Jonathan and has threatened to stop the free largesse and prosecute people who stole federal funds including militants, it is then the militants remembered that the nigerdelta is being unfairly treated and making demands.

The government must never and I emphasize, never negotiate with terrorists, no matter their demands , legitimate or not. Once a government shows weakness in dealing with terrorists, that is the beginning of the end of that government, if not the country itself.
The drawback of the present Democratic experiment is that it seems the politicians had deliberately weakened our military while strengthening local militias. Under the military regime a local militia dare not challenge the federal goverment, even Cameroon could not dare Nigeria under the military. Under the military we were able to prosecute two foreign wars successfully, simultaneously. But under our so called democracy, we could not defeat local militias and always begging to negotiate.

The solution to this problem lies in one thing. Releasing Nnamdi Kanu.
These peolpe don't want to be detached from them. They know we are their life wire and they are nothing without us. Just because of bombing of pipelines, Ekiti and Osun are broke. They cannot pay workers' salaries. They are fully dependent on our resourses.
Chai, the die is cast
Wind don blow, fowl nyash don open
Wind don blow, we don know say Father wear trouser inside.

Eat your yam make we drink our oil. This is for North
Eat your nothingness make we drink our oil. This is for west

Even in Lagos, biz is controled by Ibos.
Chai
Chai
Chai
Chai

wirinet:
Dialogue with who, criminals? Criminals will always be criminals. These same criminals made the same demands when yar adua was president, they were generally settled. Their foot soldiers were given N65,000 every month for over 5 years, while their leaders were settled with billions of dollars in cash and pipeline contracts), tompolo was even handed over NIMASA and Nigerian maritime waters.

Now, that Buhari has defeated Jonathan and has threatened to stop the free largesse and prosecute people who stole federal funds including militants, it is then the militants remembered that the nigerdelta is being unfairly treated and making demands.

The government must never and I emphasize, never negotiate with terrorists, no matter their demands , legitimate or not. Once a government shows weakness in dealing with them, that is the beginning of the end of that government, if not the country itself.
The drawback of the present Democratic experiment is that it seems the politicians had deliberately weakened our military while strengthening local militias. Under the military regime a local militia dare not challenge the federal goverment, even Cameroon could not dare Nigeria under the military. Under the military we were able to prosecute two foreign wars successfully, simultaneously. But under our so called democracy, we could not defeat local militias and always begging to negotiate.

These people you call criminals has shown they are capable of rendering the Nigerian economy as worthless as used tissue paper while collapsing the nation into total darkness.

They've also shown that they're light years ahead of the military in terms of intelligence and superior firearms.

Never hate your enemies for it clouds your sense of judgment. I wish to state more objectives but nairaland will ban me using the guise of supporting avengers.

The Avengers currently have the commanding upper hand going into any form of negotiations.

The shameful thing is that all these renewed violence were avoidable had it been buhari wasn't cheered into this by sycophants and zombies.

That our military are today battle shy is a direct consequence of the structural issues the Avengers are calling to be re-negotiated.

Nairasurplus:
The solution to this problem lies in one thing. Releasing Nnamdi Kanu.
These peolpe don't want to be detached from them. They know we are their life wire and they are nothing without us. Just because of bombing of pipelines, Ekiti and Osun are broke. They cannot pay workers' salaries. They are fully dependent on our resourses.
Chai, the die is cast
Wind don blow, fowl nyash don open
Wind don blow, we don know say Father wear trouser inside.

Eat your yam make we drink our oil. This is for North
Eat your nothingness make we drink our oil. This is for west

Even in Lagos, biz is controled by Ibos.
Chai
Chai
Chai
Chai

chai!! Some woman beans are so deluded that if you tell them Donald Trump won nomination because of their support, they'll believe.

So releasing the chest beating albino will stop hungry militants from blowing up pipelines? Chai!! they also mentioned Dasuki too o. Is he also a Niger Delta liberator? When they say you guys are gullible, its not an overstatement. Your delusion is on another scale. Is it part of the love that's making them waste your trader brothers in Bayelsa?

But you guys say dilector planned to be locked up to trap Nigeria, why do you want him freed? Is the plan no longer working? Jokers

Meanwhile Bayelsa where the oil is coming from is owing 6months arrears even as the gov is planning to sell the university to reduce overhead. Delta is owin teachers 10months. So as you can see, oil money no epp even those wey dey sh!t am

Tell them to keep up their bombings. Shuku okuko bambiala will destroy them if they stop.

SleekAboki:
These people you call criminals has shown they are capable of rendering the Nigerian economy as worthless as used tissue paper while collapsing the nation into total darkness.

You are very wrong, it is only illiterates that think blowing of pipelines would completely collapse the Nigerian economy. Yes, the Nigerian economy would be significantly affected but never destroyed. I can tell you that only government revenue (and corruption) that would be most affected as government receives up to 70% of its revenue from oil, the ordinary masses feel no effect of crude oil. Apart from the nigerdelta, how many people feed from the oil industry in Nigeria?
Take a look at our GDP figures, the oil industry account for only about 11% of GDP. Services contribute up to 50%, while agriculture contributes about 23%

Nigeria is one of the most developed countries in Africa. Services is the largest sector of the economy, accounting for about 50 percent of total GDP. One of the fastest growing segments in Services are Information and Communication, which together account for about 10 percent of the total output. Agriculture, which in the past was the biggest sector, now weights around 23 percent. Crude Petroleum and Natural Gas constitute only 11 percent of total GDP, while being the main exports. Industry and Construction account for the remaining 16 percent of GDP.
- http://www.tradingeconomics.com/nigeria/gdp-growth-annual

Even in terms of government revenue, this years budget is expected to be funded mainly from non oil revenues, less than 20% was expected to be from oil and gas.

Giving a breakdown, Udoma said that N1.45 trillion of the 2016 budget would be financed from non-oil revenues, N1.51 trillion from independent revenues, only N820 billion from crude oil receipts, while the balance would be funded from government borrowings.
- http://leadership.ng/news/497321/non-oil-revenues-will-largely-fund-2016-budget-fg

So how will a loss of N820 billion out of a N6.08 trillion ( that is even if The Avengers are able to reduce oil revenues to 0) turn the economy to used tissue paper?

wirinet:
You are very wrong, it is only illiterates that think blowing of pipelines would completely collapse the Nigerian economy. Yes, the Nigerian economy would be significantly affected but never destroyed. I can tell you that only government revenue (and corruption) that would be most affected as government receives up to 70% of its revenue from oil, the ordinary masses feel no effect of crude oil. Apart from the nigerdelta, how many people feed from the oil industry in Nigeria?
Take a look at our GDP figures, the oil industry account for only about 11% of GDP. Services contribute up to 50%, while agriculture contributes about 23%


Even in terms of government revenue, this years budget is expected to be funded mainly from non oil revenues, less than 20% was expected to be from oil and gas.

So how will a loss of N820 billion out of a N6.08 trillion ( that is even if The Avengers are able to reduce oil revenues to 0) turn the economy to used tissue paper?

I'm not gonna bore you with technicalities. common sense will tell you that when you suddenly cut off crude oil dollars that accounts for over 70% of government revenues every other sector from services manufacturing agriculture will die a natural death.

SleekAboki:
I'm not gonna bore you with technicalities. common sense will tell you that when you suddenly cut off crude oil dollars that accounts for over 70% of government revenues every other sector from services manufacturing agriculture will die a natural death.

Sure services and trading will suffer (though not as much as your petty mind will expect) and the importers will bear the brunt (you know them)

If Greece hasn't collapsed after all the Doom's day prophecies, Nigeria will rise again and if it doesn't, the constituent parts that were living very well pre-oil era will flourish again

[quote author=ChukwuIbrahim post=46468106][/quote]then die trying

SleekAboki:
I'm not gonna bore you with technicalities. common sense will tell you that when you suddenly cut off crude oil dollars that accounts for over 70% of government revenues every other sector from services manufacturing agriculture will die a natural death.

You still do not get it, how many sectors gain from government revenues? A break down of government revenues down the years shows a recurrent expenditure ( salaries, allowances and pecks of civil servants and politicians) of over 70%, while capital expenditure ( amount that should be spent on the rest of us) is usually less than 30% ( and the capital is never fully implemented). How many civil servants are there in our population of over 180 million? Does the Igbo trader at aba or the tomoto farmer in jos or even the akara seller in Lagos receive any government money or services? The reduction of government revenue will have drastic effects on less than 25% of the population.

Still trying to see the connection btw dasuki and niger delta

wirinet:
You still do not get it, how many sectors gain from government revenues? A break down of government revenues down the years shows a recurrent expenditure ( salaries, allowances and pecks of civil servants and politicians) of over 70%, while capital expenditure ( amount that should be spent on the rest of us) is usually less than 30% ( and the capital is never fully implemented). How many civil servants are there in our population of over 180 million? Does the Igbo trader at aba or the tomoto farmer in jos or even the akara seller in Lagos receive any government money or services? The reduction of government revenue will have drastic effects on less than 25% of the population.

You still don't get the domino effects of lack of petrol dollars to a mono economy as Nigeria?

Do you understand that your roadside Berber and akara seller can feel the impact?

SleekAboki:
You still don't get the domino effects of lack of petrol dollars to a mono economy as Nigeria?

Do you understand that your your roadside Berber and akara seller can feel the impact?

I'll plead with you to ignore that guy. They come on here ranting up and down forgetting that indirectly everything in an economy like ours is tied to oil.

Less oil production---lower revenue---less forex---increased capital controls----adverse effect on commerce----reduced disposable income---exposed banking sector----reduced tax receipts and customs receipts---inability to meet budget projections--increased social unrest---etc.

NavierStokes:
I'll plead with you to ignore that guy. They come on here ranting up and down forgetting that indirectly everything in an economy like ours is tied to oil.

Less oil production---lower revenue---less forex---increased capital controls----adverse effect on commerce----reduced disposable income---exposed banking sector----reduced tax receipts and customs receipts---inability to meet budget projections--increased social unrest---etc.

I am tired of trying to educate children without basic economic knowledge. I provided proof that oil revenue last year (when crude prices were still relatively high) was just 11% of GDP. I showed you that in this years budget, oil revenue is less than 20% of total revenue. I also showed you that almost all government revenues in Nigeria is spent on servicing less than 15 million civil servants and politicians and that ordinary masses do not feel the effect of government revenue and you are here talking about forex, capital controls, disposable income budget projections etc?

Are you aware that during Abacha regime crude prices hardly went beyond $12 per barrel, at one point it was $8. Did the Nigerian economy collapse, despite international sanctions and massive looting by Abacha and his cronies?

The are two major problems that affect Nigeria; that is problem of electricity and petrol. The importation of petroleum products account for close to half of our foreign imports and hence the value of the naira against the dollar. Refine petrol in Nigeria and the exchange rate would reduce by half. Secondly, complete mambila hydro dam (which will add up to 3,500 MW into our grid) and coal power plants in the east, and demand for petrol, diesel and kerosene would reduce drastically.

What do you mean expose banking sector? Banking in Nigeria is simply scam. They simply collect government money and play around with it. They borrow back the money to Government at 10 - 14% in the guise of buying government bonds and use the rest to engage in forex round tripping ( buying forex from government at official rates and selling to public at black market prices). They engage in very little proper banking activities. At the end of the year they declare billions of Naira profit. They even scam the general public by deducting money from their accounts without justification. (imagine they deduct interest from my wife's savings account account monthly instead of paying interest)
Then ask yourself, How many Nigerians use banks? According to a 2015 world bank survey, less than 25% of Nigerians own bank accounts;

The Biometric Verification Number (BVN) enrolment revealed that there are about 25 million Nigerians with bank accounts. But statistics from the Nigeria Communication Commission (NCC) shows that there are about 148 million mobile phone subscribers. This indicates that over between 90 million to 100 million Nigerians with mobile phones don’t have bank accounts and also do not have access to financial services.

Read more at: http://www.vanguardngr.com/2016/01/banking-the-unbanked-with-mobile-payments/

The problem with you guys is that you stay in Lagos, Abuja, Port Harcout or other capital cities and feels Nigeria begins and ends with your environment. You are oblivious of the fact that many more Nigerians feel no government impact at all in their lives; no electricity, no bank, no internet, not even tv.

wirinet:
I am tired of trying to educate children without basic economic knowledge. I provided proof that oil revenue last year (when crude prices were still relatively high) was just 11% of GDP. I showed you that in this years budget, oil revenue is less than 20% of total revenue. I also showed you that almost all government revenues in Nigeria is spent on servicing less than 15 million civil servants and politicians and that ordinary masses do not feel the effect of government revenue and you are here talking about forex, capital controls, disposable income budget projections etc?

Are you aware that during Abacha regime crude prices hardly went beyond $12 per barrel, at one point it was $8. Did the Nigerian economy collapse, despite international sanctions and massive looting by Abacha and his cronies?

The are two major problems that affect Nigeria; that is problem of electricity and petrol. The importation of petroleum products account for close to half of our foreign imports and hence the value of the naira against the dollar. Refine petrol in Nigeria and the exchange rate would reduce by half. Secondly, complete mambila hydro dam (which will add up to 3,500 MW into our grid) and coal power plants in the east, and demand for petrol, diesel and kerosene would reduce drastically.

What do you mean expose banking sector? Banking in Nigeria is simply scam. They simply collect government money and play around with it. They borrow back the money to Government at 10 - 14% in the guise of buying government bonds and use the rest to engage in forex round tripping ( buying forex from government at official rates and selling to public at black market prices). They engage in very little proper banking activities. At the end of the year they declare billions of Naira profit. They even scam the general public by deducting money from their accounts without justification. (imagine they deduct interest from my wife's savings account account monthly instead of paying interest)
Then ask yourself, How many Nigerians use banks? According to a 2015 world bank survey, less than 25% of Nigerians own bank accounts;



The problem with you guys is that you stay in Lagos, Abuja, Port Harcout or other capital cities and feels Nigeria begins and ends with your environment. You are oblivious of the fact that many more Nigerians feel no government impact at all in their lives; no electricity, no bank, no internet, not even tv.

Anyways it's not about writing plenty of words on here, thing about nairaland is everyone deems themselves professors of some sort and refuses to learn.
Sorry I am unable to write at the moment.

But I thought Tompolo said he didn't know them.

wirinet:
I am tired of trying to educate children without basic economic knowledge. I provided proof that oil revenue last year (when crude prices were still relatively high) was just 11% of GDP. I showed you that in this years budget, oil revenue is less than 20% of total revenue. I also showed you that almost all government revenues in Nigeria is spent on servicing less than 15 million civil servants and politicians and that ordinary masses do not feel the effect of government revenue and you are here talking about forex, capital controls, disposable income budget projections etc?

Are you aware that during Abacha regime crude prices hardly went beyond $12 per barrel, at one point it was $8. Did the Nigerian economy collapse, despite international sanctions and massive looting by Abacha and his cronies?

The are two major problems that affect Nigeria; that is problem of electricity and petrol. The importation of petroleum products account for close to half of our foreign imports and hence the value of the naira against the dollar. Refine petrol in Nigeria and the exchange rate would reduce by half. Secondly, complete mambila hydro dam (which will add up to 3,500 MW into our grid) and coal power plants in the east, and demand for petrol, diesel and kerosene would reduce drastically.

What do you mean expose banking sector? Banking in Nigeria is simply scam. They simply collect government money and play around with it. They borrow back the money to Government at 10 - 14% in the guise of buying government bonds and use the rest to engage in forex round tripping ( buying forex from government at official rates and selling to public at black market prices). They engage in very little proper banking activities. At the end of the year they declare billions of Naira profit. They even scam the general public by deducting money from their accounts without justification. (imagine they deduct interest from my wife's savings account account monthly instead of paying interest)
Then ask yourself, How many Nigerians use banks? According to a 2015 world bank survey, less than 25% of Nigerians own bank accounts;



The problem with you guys is that you stay in Lagos, Abuja, Port Harcout or other capital cities and feels Nigeria begins and ends with your environment. You are oblivious of the fact that many more Nigerians feel no government impact at all in their lives; no electricity, no bank, no internet, not even tv.

You forget that those without electricity thosehumans of Nigeria without government impact still buy fuel at 150 naira for their I better pass my Neighbor not to talk of the hair dressers,artisans and farmers who pay exorbitant transportation to ferry their goods to the market.

All your Bretton woods economics is devoid of reality in the Nigerian system. You don't even know the Nigeria you try so hard to discuss.

NavierStokes:
Anyways it's not about writing plenty of words on here, thing about nairaland is everyone deems themselves professors of some sort and refuses to learn.
Sorry I am unable to write at the moment.

Gbawe epustle devoid of reality.