₦airaland Forum

PressMyButton:
Tinubu does not even need to fight for himself come 2027, the people themselves will mobilize and fight for Jagaban. Men Mount.
Those bitter losers have jammed the wrong guy.



After God, na Tinubu 💪 God bless Nigeria.

funny little man.

This talkative rep again. Always over estimating himself.

P1PrinceKT:
Jigawa has the highest auto accident recently...

And they have some of the best road networks in Nigeria.

What's that paint bucket doing there? Is it for tears or oly water?

shivisee:
Peter obi and his people said it’s Fulani herdsmen!

Shut up, anụ.

Just negodu.

Just because she fears her arlotry could lead to pregnancy.

'arlotry waiting to happen.

Congratulations, TEMS!

Shut up, mumu.

EXOUSIAng:
19 states in the North
5 states in the East

I think its only a mentally ill person that should expect things to be shared in the same percentage especially when those from the 5 states have made themselves an enemy of the North and their fellow southerners....

The north will always have the higher share.

Lets not even talk about what this 5states are
bringing to the national treasury....

Or should we talk about the fact that these 5states are less than some northern states in Land mass and that each northern state can still be broken into 3 additional state each?

You may argue that its not about landmass.

But you know the reality





The North has a higher percentage in the total number of states. If I was dealing with the Yorubas or, Ijaw who are actually known for having a higher IQ I would have expected these comments to tell us how the North with 19 states who actually contribute more to the National treasury and also feed most of the country is expected to get exactly what the SE with 5states get, but you are the set of people who dont even know their 123 which is why you a call everyone with a few thousands and a car a billionaire.
Even if we say we give 1 per state the SE wants to get 19 ministers because the North will get 19 ministers at 1minister per state.
I think its regional mental problem


This is yet another thing I forgot to mention...
This your foul mouth is the reason why even when you are qualified for a position you dont get it, but it think its insulting people upandan, bragging and making noise is a part of the Igbo cultural heritage anyways....

Anyone with a brain as small as that of a rat would know that when he has problems with everyone around him, from the south, to the north to the west, he most definitely is the major problem.....
Nobody hates the igbos, people just hate this your character

Stop posting idiotic nonsense. Ewu.

PressMyButton:
By Ebuka Nwankwo
Nwankwo is the special adviser on special projects to Soludo.



https://www.thecable.ng/on-tinubus-genuine-love-for-anambra-and-the-whole-of-the-south-east/

When old men say certain things, you begin to wonder the kind of unimaginable things they may have said in their youth.

An amendment dead on arrival.

As if you don't know the kind of national assembly you now have. Anything goes in that assembly.

bdon123:
Bt who adjusted d act?was national assembly members involved?does d law require national assembly or house of reps to deliberate before final accent of presido?
We will never know....

That is not what his argument means. It's more like what the Rivers state factional assembly tried to do to elongate the tenure of LG chairmen and which was illegal. The amendment should affect a new tenure, and not the one existing at the time of making the amendment because he became IGP under the old law and that is what determines the terms of his appointment. .

Mynd44:
Your argument is like saying Obasanjo couldn’t have benefitted from the third term bill if it was signed because he was already president when the amendment was passed

TimeManager:
Is this a joke?. Why can't you sue FG that proscribed you a terrorist and gazetted it. The court will eventually slam the 100billion on Kanu for frivolities. He even took it to Enugu, thinking he is wise.


-Kiss the truth!

Shut up and kiss my ass

JagabanBorgu:
Kemi was being attacked, you all claimed those àttàcking her are Batists and Yoruba, I remember how Yoruba was Iashed at for trying to defend Tinubu at the initial stage of her stuuupidity, somehow, lgb0s who will always start an agenda in everything have started their agenda.
Nobody is stopping your tribe from being the president, power is given no one will hand it over to you, you lots should quit crying like babies.

"power is given no one will hand it over to you"
Are you listening to your gibberish?

Shut up, mumu. Na your papa get this platform?

Bobodee09:
(This post isn't for headless mobs who hate Nigeria cos a man from there region isn't the president , it is for sensible Nigerians worldwide)

Karma caught up with you lover of Nigeria. A lover of Nigeria that cannot identify any sacrifice he has made for Nigeria. When I Joe gbokwe was doing same thing to his kinsmen to curry APC favor, you were hailing him. But now that you have tasted the same medicine, you are throwing up all over the place and vomiting nonsense.

Bobodee09:
Rishi sunak the former UK PM is from India. India and Pakistan has the worst police force in the world.

India police is so worst that even India movie producers have done several movies to fight against them.
This man didn't say rubbish about India to win vote. He campaigned without using India as an example.

There is poverty India, women are raped recklessly, government officials are corrupt but this man never compared UK to India. That a sensible human who knows every country has it own challenges.

Now we have a hag who lied she suffered in Nigeria as a teenager and saying all sort of nonsense just to get a PM position and some people here in Nigeria are supporting her cos of hate and bitterness.

This woman grew up in lekki in early 80's to 90's when Nigeria was by far very good,we that even grew up in surulere can't even complain we suffered and here we have someone whose parents are rich claiming she suffered.
Police collected her brother shoes and wrist watch ,India police would have done far worst but Rishi never spoke about them cos his business is with Uk.

She isnt concern about the high racism against people like her in the UK, she is concern about the constant knife attack and thugery in London but Nigeria is a problem and point of reference.

UK is aldorado, crimes don't happen there, infact she has never witnessed any crime in the UK.
Everyone in the UK is rich aswell, no poor people and all the politicians are saints in her dead brain but We watch BBC and constantly see how things goes over there aswell.

You left a country more than 20's ago and you still saying rubbish about it just to get a position for your selfish interest.
Kemi Badenoch is one of those people who feels they have to bring there own down to climb a ladder, she forget no matter what is she never a British and they will remind her when things go south.

Finally anyone who supports this woman constant talking shit about Nigeria actually needs his/her Brain examine, no matter what even a Sudanese won't say rubbish about her country despite what they are going through.

(This post isn't for mobs who hate Nigeria cos a man from there region isn't the president , it is for sensible Nigerians worldwide)

Funny man. Always accusing people of doing what he is doing.

yoruboid:
Muhammadu Buhari was hauled into court on Saturday for breaching terms of a power generation and distribution contract awarded to Sunrise Power and Transmission Company of Nigeria.

Former Nigerian President Muhammadu Buhari has been dragged before a court in Paris, where he took the witness stand in an arbitration proceeding over a federal power contract dispute.

Peoples Gazette learnt that Mr Buhari was hauled before the court on Saturday for breaching the terms of a power generation and distribution contract awarded to Sunrise Power and Transmission Company of Nigeria by former President Olusegun Obasanjo in 2003.

The $6 billion project has dragged on for over 20 years, and its main anchor, Leno Adesanya, has been a target of anti-graft investigations, including claims that he bribed a former minister at the time to secure the contract

The Gazette was told that Mr Buhari was grilled for hours on Saturday and would continue his testimony on Sunday before the International Chamber of Commerce Court of Arbitration in Paris in case number 26260/SPN/AB/CPB.

A top administration official told The Gazette that Mr Buhari was reluctant to give testimony on the matter. Still, Attorney-General Lateef Fagbemi visited him at his residence in Daura last week to compel his appearance.

“The AGF made it clear to the president that he must be in Paris,” the official said under anonymity to discuss the situation.

President Bola Tinubu approved the decision to haul his predecessor before the foreign arbitration panel, the source added. It’s rare for a Nigerian president to appear in a court case over actions he took while in office, as former executive aides are usually saddled with answering for all powers exercised on behalf of the president during their tenures. In 2017, former President Goodluck Jonathan shunned a Nigerian court subpoena to appear in a criminal trial in Abuja.

Mr Fagbemi and two presidential spokespersons did not immediately respond to a request for comments about the administration’s decision. A spokesman for Mr Buhari could not be reached on Saturday evening.

Mr Buhari’s government was accused of withholding about $200 million in payments previously approved for the project, which was to be launched in conjunction with a Chinese consortium.

Court filings showed former Attorney-General Abubakar Malami communicated the decision to truncate the agreement to Mr Adesanya and Mambilla Power on April 22, 2020.

However, when Mr Adesanya protested the action against his company, Nigerian authorities sought to arrest him and charge him with bribery and economic sabotage. He denied the allegations and proceeded to arbitration.

Mr Adesanya was also forced to defend himself against EFCC’s decision to declare him wanted in Nigerian courts. He was charged alongside Olu Agunloye, a former power minister under Mr Obasanjo.

Mr Adesanya said he sought to ensure sustainable power in Nigeria when he proposed constructing the Mambilla Hydroelectric Power Project through Sunrise Ltd as the special purpose vehicle to drive the project.

https://gazettengr.com/exclusive-bola-tinubu-forces-ex-president-buhari-to-take-witness-stand-in-paris-court-over-6-billion-mambilla-power-contract-fraud/

With your misleading headline. How did Tinubu force Buhari to testify in court?

emkz:
Hatchet job for whom? For the owner of Arise News who I have opposed their modus operandi here? Perhaps you mistake me for someone else.

I am not hungry to do a hatchet job for anyone. Try and find another argument.

Where were you in 2009 when 4 bank MDs were fired? Are you aware that some of them were doing kalo-kalo with depositors' funds?

Almost 16 years on, what has changed?

Are you aware that there were reports last year that a bank employee diverted over sixty billion naira to various accounts from First Bank which led to the dismissal of over 100 employees? That was over 7% of the bank's asset equivalent stolen! Are you also aware that only yesterday, two of the bank's former executives were said to have a case of 12.4 billion naira with EFCC? Are you aware that there were denied reports of other fraudulent activities?

Are you also aware that the board of the bank has changed hands several times in the last four years, a pointer that various interests are after the bank?

Then they granted a loan to finance an asset whose acquisition was said to be questionable.

In all I surmised above, there are indications of severe corporate and compliance lapses and the regulator needs to be questioned.

Because of bad loans like this, AMCON was set up. Our hope was that our banks would learn and take measures to protect our funds.

There was a rumour that IBB said that he didn't understand why the Nigerian economy had not collapsed. I don't wish it to collapse, but it is hard to understand why it hasn't with the way the financial system is mismanaged.

Okay. Continue.

emkz:
What has been established?

1. That General Hydrocarbons Limited (GHL) took out a loan facility that it refused to service and instead requested for more loans.

2. That the loan was diverted by the beneficiary.

3. First Bank proposed an independent operator agreed by both parties manages the financed asset when the bank realized breaches on the part of GHL. GHL rejected the idea.

We have the following questions for First Bank:

(1) On what basis was such a huge credit facility granted to GHL? This is considering that the said person with principal interest in GHL in the dispute does not have expertise in hydrocarbon exploration? Does he have any history in such projects?

(2) What due diligence was carried out before the loan was approved? In this sense, we'd like to know those running the company. Could the bank publish this information?

(3) Oil exploration is extremely expensive and a risky venture. Considering the exposure of banks to bad loans in the past due to cases of unserviced loans by some indigenous oil companies, what wisdom informed the bank to expose itself to such toxic credit asset?

(4) The debtor in question has been said to have a questionable credit history, the bank needs to explain to us the process of the loan approval and whether the loan was properly collaterized.

(5) Where exactly were the funds diverted to? The public would like to know.

(6) These are depositors' funds. What guarantee does the bank have for customers that their funds are not mismanaged?

(7) We saw a statement from the chairman of the holding company who said the asset the bank financed was secured by the debtor in questionable circumstances, i.e., without competitive bidding. At what point did this information come to light? If it was before the facility was granted, it then means the bank committed depositors' funds towards a shady asset. Was there proper corporate governance and due diligence?

For the debtor, we also have questions:

(1) What led to your inability to service the loan? They said you diverted the loan. What did you divert it to?

(2) If you could not honour previous obligations, why did you request for more?

(3) On the 1st of January 2025, President Tinubu, who was consistently opposed and mocked by your related businesses received "Man of the Year" award. Only yesterday, reports emerged that Wike was named "Minister of the Year" by your outfits. In order not to take Nigerians for granted, we are curious as to the sudden volte-face regarding these two individuals by your media businesses. Could you explain the motivation for these awards? Are the awardees expected to twist the law? How?

(4) There has been a lot of stories in the media targeted at some individuals who seem to want to recover the loan. There are stories discrediting the Chairman of First Holdco and seemingly planted stories calling for his head by unknown shareholders. Why can't the debtor explain to us properly why he couldn't service the loan?

(5) Can the debtor confirm if he owns shares in any First Bank subsidiary? If yes, does it mean that shareholders abuse their positions to secure uncollaterized loans?

(6) Why always you?

To CBN, why are you quiet?

What is your interest in the matter? You seem to be out to do a hatchet job.

Bunch of jokers who should focus on their pipeline maiguard work.

Pig?

Shameless he-goat.

Richtaiwo:
I now understand why my friend Obiora refuse to travel for Christmas and new year.

I also understand why Peter Obi celebrated Christmas with his family in Lagos and planning to be in Lagos for crossover.

Funny people. Overrated Umahi.

Honour well deserved

Like oga, like aide. Always having gaffs.

Good.
The only region that needs additional state is SE. Anioma is in Southsouth. Ned Nwoko should not allow himself to be used.

Inconsequential reaction from blackmailers.