₦airaland Forum

APC governors sha!

Hope he doesn't get rearrested again!

Sahara Reporters!!!

CHAI!!!

Wow!

As in he's purging through his mouth?

Lol!

We all know what Soludo's grouse is with Jonathan. He was Sidelined! Simple

Check out Obyzeks, and tell me you don't recognise a pattern!... She just wanted relevance. That's why When those girls were allegedly kidnapped, she rushed to assume the position of the campaign's CEO not even minding what she was doing!

Lalasticlala

One question; Was PT hacked?

What Nigeria truly needs right now is True Fiscal Federalism and not EFCC, APC, PDP, INEC or even a national budget. Restructure Nigeria and you might have used one stone to kill twenty birds! True Fiscal Federalism will eliminate corruption, promote regional integration, reduce ethnic tension and secession demands, unite Nigerians, promote development and put Nigeria on the path to greatness once again.

One of the most annoying responses we get from the handlers of President Buhari in recent times is that the president is taking his time to fight corruption, so therefore the economy could wait. Ridiculous as this may sound, it is the new line of defence in the government’s political discourse. Eight months in and the only thing our president has done is to fight corruption!

First, in his bid to recruit ‘incorruptible’ saints as technocrats, he spent three months without a cabinet, only for the technocrats to turn out as the same people we know, and not some angels from the other world; all in the bid to avoid corruption. As if that is not enough, President Buhari has ordered the Central Bank of Nigeria (CBN) to carry out certain embarrassing and ridiculous directives, all in the name of fighting corruption. [b]The president has vowed to disregard unfavorable court orders; all in the name of fighting corruption. Despite all the cacophony of the ‘anti-corruption’ propaganda, eight months after, not even a single case has been tried successfully and won against corruption. One would begin to wonder that, since when has it become the fiscal responsibility of Mr. President to fight corruption, when there are agencies specifically designed to do just that?[/b]

By the way, where in our constitution can we find ‘Fighting Corruption’ as a fiscal responsibility either on the exclusive, concurrent or residual list? Why should fighting corruption be an achievement by a government when it is in fact supposed to be a responsibility of a specific arm of government?

The duties of the Federal Government of Nigeria are clearly spelt out in our federal system: policy making, defence, foreign policy, banking, immigration, general economic planning, infrastructural development, etc. Today we have a government that has abysmally abandoned its true fiscal responsibility and is craftily using the slogan of ‘anti-corruption’ as a justification for its failure in carrying out its true economic functions. The Naira has broken a three decade record, the implementation of the 2016 budget is threatened by uncertain sources of funding, Boko Haram still attacks, the Chibok girls are yet to be found, federal contractors are abandoning sites, stocks in the exchange market keep dropping in value, foreign investors remain unsure of the economy, salaries are being owed, Nigeria’s name has disappeared from the list of the world’s emerging economies, etc. Yet, when you ask Mr. President about what he has done, what you hear is ‘we are fighting corruption’. This is becoming unbearable.


Today we have President Buhari and we are asking, what has he really done in genuinely fighting corruption other than creating political division, ruining the economy, raising ethnic tensions and launching media propaganda, all in a primitive and confrontational manner capable of heating up the fragile state of the country.

There are professional ways to fight corruption without making breaking news out of these, as was exemplified by the previous government. The Goodluck Jonathan government fought corruption using technology and professionalism in several cases. [b]First, Jonathan supported and funded the National Identification Management Commission (NIMC) to check identity fraud, unlike the governments before him. Jonathan supported the Integrated Personnel and Payroll Information System (IPPIS) to checkmate ‘ghost workers’, launched the Treasury Single Account (TSA) to checkmate government bureaucratic corruption, launched the Bank Verification Number (BVN) to checkmate money laundering, supported card readers to checkmate electoral fraud and corruption, presided over the Bureau of Public Procurement (BPP) activities to checkmate procurement corruption, etc. Although, due to personal selfish political reasons, he later chose to deliberately slow down the implementation processes of these innovations as a way of maintaining political stability; an action which became one of his greatest political weaknesses. Despite the adjudgment of his government as being grossly corrupt, Jonathan provided anti-corruption solutions using technology and professionalism and without creating political enmity through the process. He also got Nigeria’s name on the list of the fastest growing economy in the world.[/b]



Today we have President Buhari and we are asking, what has he really done in genuinely fighting corruption other than creating political division, ruining the economy, raising ethnic tensions and launching media propaganda, all in a primitive and confrontational manner capable of heating up the fragile state of the country.

Again, I ask, what has President Buhari really done differently in tackling systematic corruption in Nigeria that previous governments before him did not do? The EFCC as it is presently constituted is a defective and reactive institution incapable of reducing corruption. What the EFCC and Mr. President can do is to go after those who have already stolen public funds. What Nigeria needs is a proactive administrative mechanism that actually stops people from stealing, and not an institution that goes after them when they have already stolen. Unfortunately, the present structure of Nigeria’s federalism is incapable of providing such proactive solutions because Nigeria itself is built on a corrupt, skewed and irreconcilable foundation that only thrives on corruption.

Today, we have a President Buhari and his team of ‘saintly’ technocrats who have not proffered any ingenious new idea but are simply leveraging on existing efforts. Yet, the rhetoric is deafening. Nigerians now celebrate mediocrity to the extent that they see the arrest, detention and unfair prosecution of suspects in corruption cases as an achievement worth accrediting to President Buhari. How did we get here?

in a country like Nigeria, you cannot fight corruption by relying on the self-restraint of the leaders. We cannot rely alone on the personal integrity of President Buhari to fight corruption. We must establish some sort of administrative constraints on Nigerian officials to the extent that even if we mistakenly elect a crafty thief to become our leader, he will be unable to manifest his ‘skill’ due to the administrative constraints built into institutions.

One thing all Nigerians must come to understand is that corruption as it has become in our country is an inevitable byproduct of our defective present system of federalism. Just the way it is natural for goats to eat yam, so it is normal and even legal for Nigerian politicians to steal money under our present skewed ‘feeding bottle’ structure of government. The present style of Nigeria’s federalism is corruption legalised. Nigeria itself is corruption and if you must fight corruption, you must first discard this skewed, flawed, corrupt, unitary ‘feeding bottle’ federalism that we currently practice and agree to restructure Nigeria into a competitive, efficient, productive, competitive, and locally driven True Fiscal Federalism. Only when President Buhari does this can we then know that he genuinely wishes to fight corruption and put Nigeria on the path to greatness. By the way, what can President Buhari do in the states and local governments where over 70 percent of the real corruption takes place? Obviously nothing. As long as we continue with the monthly ritual of sharing oil money at Abuja to lazy, redundant, inefficient and unproductive politicians and their states, we cannot fight corruption in Nigeria! We cannot even reduce it, we can only decide whose turn is it to benefit from corruption. This is simply how we roll in Nigeria under our present defective system.

In Nigeria, the manner in which politicians (including President Buhari) win elections is corrupt. How the federal government awards contracts, how they decide on who and which contract should be paid for, how to manipulate revenue allocations to shortchange certain states, how they use revenues generated in the beer (alcohol) industry to fund development in Sharia states, how they choose to be selective in probing those who are compromised, the lopsided nature of political appointments, how the money hardworking Lagosians and Lagos State generate is shared to people in other states, etc. All these issues are inevitable corruption arising from our skewed system of federalism and of which President Buhari is a major beneficiary, just like the leaders before him.

How do we really change things in Nigeria and put an end to systematic corruption?

First, in a country like Nigeria, you cannot fight corruption by relying on the self-restraint of the leaders. We cannot rely alone on the personal integrity of President Buhari to fight corruption. We must establish some sort of administrative constraints on Nigerian officials to the extent that even if we mistakenly elect a crafty thief to become our leader, he will be unable to manifest his ‘skill’ due to the administrative constraints built into institutions. In order for us to do this and like I have said before, we must first, discard this skewed, flawed, corrupt, unitary ‘feeding bottle’ federalism that we currently practice in Nigeria and agree to ‪restructure Nigeria into a competitive, efficient, productive, competitive, and locally driven ‪‎True Fiscal Federalism.


The EFCC is only doing its job and it is expected that President Buhari should do his own job by focusing on supervising and saving the Nigerian economy from possible collapse.


What Nigeria truly needs right now is True Fiscal Federalism and not EFCC, APC, PDP, INEC or even a national budget. Restructure Nigeria and you might have used one stone to kill twenty birds! True Fiscal Federalism will eliminate corruption, promote regional integration, reduce ethnic tension and secession demands, unite Nigerians, promote development and put Nigeria on the path to greatness once again.

If the funds recovered from the eight month ‘Fighting Corruption’ Project can be used to fund at least 10 percent of the 2016 budget, then President Buhari should continue with the project, but if not, then he should pay more attention to sourcing for revenue to fund the 2016 budget and fix the entire economy.



The EFCC is only doing its job and it is expected that President Buhari should do his own job by focusing on supervising and saving the Nigerian economy from possible collapse. Nigeria urgently needs diversification and fighting corruption on a daily basis through the media does not diversify the economy.

http://blogs.premiumtimesng.com/?p=170587

Oil Remains our top source of revenue...

So I think Buhari should stop those militants on a bombing spree before we see headlines like "Nigeria earns 20k in oil exports" in the next ten months!

By Michael Eboh

Nigeria earned N3.27 trillion from the oil and gas sector in 10 months, between January and October 2015, data obtained from the Central Bank of Nigeria, CBN, has revealed.


The CBN, in its Economic Report for October 2015, disclosed that oil and gas revenue in the 10-month period accounted for 55.93 per cent of the N5.847 trillion total federally collected revenue in the period under review.

In addition to revenue from oil and gas, the country also recorded non-oil revenue of N2.577 trillion, representing 44.1 per cent of federally-collected revenue from January to October 2015.

Giving a breakdown of components of the country’s oil revenue, the report stated that Nigeria earned N737.5 billion from crude oil and gas sales; N1.289 trillion from Petroleum Profit Tax (PPT)/Royalties; N1.159 trillion from domestic crude oil/gas sales and N85 billion from other unlisted sources.

On a month-by-month basis, the report revealed Nigerian earned as follows:

January – N486.4 billion; February – N359.7 billion; March – N364.6 billion; April – N286.2 billion; May – N267.2 billion and June – N285.6 billion respectively. Others are July – N369.4 billion, August – N314.9 billion, September – N265.2 billion and October – N271.1 billion respectively.

In terms of federally-collected revenue on a month-by-month basis, the CBN report showed the country collected for January, February, March, April and May, the sum of N692.1 billion, N554.8 billion, N808.7 billion, N472.2 billion and N462.5 billion respectively.

While N462.6 billion, N679.3 billion, 682.6 billion, N533.1 billion and N499.4 billon were collected in the months of June, July, August, September and October 2015 respectively.

In its analysis of the financials, CBN said the N499.37 billion collected in October was lower than both the monthly budget estimate and the receipt in September by 38.7 per cent and 6.3 per cent, respectively, which it attributed to the shortfall in receipts from oil and non-oil revenue, during the month of October.

In addition, the CBN stated that Nigeria’s crude oil production, including condensates and natural gas liquids, stood at an average of 2.02 million barrels per day (mbd) or 62.62 million barrels (mb) in October. It added that this represented an increase of 0.04 mbd or 2.0 per cent above the average of 1.98 mbd or 59.40 mb, recorded in the preceding month.

http://www.vanguardngr.com/2016/01/nigeria-earns-n3-27trn-from-oil-in-10-months/

Lalasticlala

Very Good Reason!

PDP governors are sensible!

Oya dullard doll out amnesty sharp before Nigeria's reduced to selling your cattle for revenue!

CHAI!!!

Load of Crap!

Who needs his perversed words in the first place?

Another stunt to pull GEJ in the mud!

This is no news!

No one even believed that lame a§s story in the first place... Well, except Em APC dogs!

Lalasticlala abeg come burst that lie for FP abeg!

Ahh I thought that Lie Mohammedian Omenka scared you away nah Explorers... Continue eh, continue...

We wan see wetin Dasuki NO BUY wey army dey use now molest boko boys from every hole available!

Baddest Governor ever liveth!

This is exactly what I've been saying!

We all know what Soludo's grouse is with Jonathan...

He wasn't made minister when he so craved, He wasn't returned as CBN Governor too

Thesame anger abi disease runs in Obyzeks...

So both of them should shove their opinions deep up their respective Rectums!

We all know what Soludo's grouse is with Jonathan...

He wasn't made minister when he so craved, He wasn't returned as CBN Governor too

Thesame anger runs in Obyzeks too...

So both of them should shove their opinions deep up their Rectum!

Proudly EKPA!

Wetin we no go hear?

Buhari Wouldn't touch CAN Trust me!...

Junter-In-Chief (SR)- 2015

See if you talk eh Jonathan, Na me go first you reach Geneva....

You'll receive alotta dirty slaps... Allah!

Try me!

Just let em Band of propagandists run mad by your silence....

Let the Chaos already brewing in their brains attain peak levels!

HOLD YOUR PEACE!

Good letter!

MoonChildng:
When the family is ready.
Isn't his time of burial the family's prerogative ?

Good Question!

So Tinubu's asked us this question? Who then are we gonna ask? Sowore?

The APC monarch! I hail thee!

PDP and Democracy are synonymous!

These guys give democracy new dimensions everyday!