₦airaland Forum

This topic is misleading

I am not a fan of GEJ, but the N500bn is for Nigeria not SE

What of Madam Ibru

let the exconvicts go and live a quiet life in their villages

Votes will be split

North will go with CPC
SW will go with ACN
SE will go with Jonathan

Battle of which zone has the most eligible voters

No need to say much to you Mr.Beaf

time will tell. .i hope your truck is available to help GEJ pack his load from Aso rock come April

Beaf:
The whole thing is beginning to sound foolish and despesrate. When did governors start challenging the FG to debates, I have lost the respect I had for Fashola. Let him continue with the small minded ACN's thinly veiled ethnic staunts. The only thing left for him to declare as a bigot is call GEJ ***chukwu, we all know it sounds like an Igbo name and signifies hatred of Igbo's; so best to paint GEJ as an Igbo. Shame on ACN, the new Ciroma's of the South.

I read this quote before i checked who posted it, and first thing that came to my mind is Foolish post. .

But coming from Beaf. .its allowed, he goes with the highest bidder. .Shame Bro!

See how our money is going. .only God knows how much is bn stolen presently!

Operatives of the Economic and Financial Crimes Commission (EFCC) yesterday arrested the former minister of works and housing, Hassan Lawal, in his home in Asokoro, Abuja, in connection with fraudulent activities currently pegged at over N50 billion.

An operative of the anti-graft agency told NEXT that the commission is currently carrying out the second phase of investigation into the fraudulent activities of the former minister who served in two different offices between 2004 and 2010.

“There are currently two different phases of investigations against this man. One has been on-going for some time now, the second one has just begun. Most of the investigations border on fraudulent award of contracts to unregistered companies. Most of the contracts had to do with road contracts and the sale of federal government houses,” a source in the EFCC, who pleaded anonymity said in Abuja.

The spokesman of the anti-graft agency , Femi Babafemi, says that Mr.Lawal is currently in the custody of the commission, however he declined to speak on what possible date the accused will be arraigned. Our source however revealed that the commission is currently working to uncover and arrest other persons who might have collaborated with the former minister. The charges against the former minister are high degree of massive fraud, abuse of office, abuse of government laid down policy on due process and award of contracts to unregistered companies’.Mr. Lawal served as the Minister of Labour and Productivity from 2004 to 2007. He then served as the Minister for Works and Housing from 2008 to 2010.

Source: http://234next.com/csp/cms/sites/Next/Home/5676381-146/story.csp

ABUJA—Action Congress of Nigeria, ACN, presidential flag bearer, Mallam Nuhu Ahmed Ribadu, yesterday praised the development and peace that exist in states ruled by the party and declared that he was proud to be a rascal.

Ribadu made this declaration at the launching of “The People’s President”: Chronicle of Comrade Adams Oshiomhole’s 8 years leadership in NLC”, the pioneer chairman of the Economic and Financial Crimes Commission, EFCC, said the development in the South-West glaringly point to the fact that men of honour were in abundance in the zone.

He, however, alleged that what should have been the headache of Mr. President was the shameful presidential primary election that the Peoples Democratic Party, PDP, conducted in Eagle Square, Abuja, a few weeks ago.

Ribadu also claimed that only a small group of people divert the vast resources of the country with impunity, adding that must stop.

He said: “We have a situation where a few people cornered the entire resources of the country and do what they like with it. I was expecting our dear leader, our respected president to be talking about what happened in Eagle Square about three weeks ago.

“Eagle Square is supposed to be the heart of this country but what happened there we should not even keep quiet. A ruling party would sit right in front of the country, and do those things that were defeated. I am talking about the one that is out now. Have you taken your time to read what they sent to INEC? I think that was what we should be complaining about, not talking about those who are doing a little thing for their own people. It is a shame. I am proud I have joined what they will like to call the rascals.”

Responding, the Minister of Labour and Productivity, Chief Emeka Wogu, who represented President Goodluck Jonathan, said the President had explained the use of that word which was still being appropriated and used as a presidential campaign slogan of the ACN.

Read More: http://www.vanguardngr.com/2011/02/im-proud-to-be-a-rascal-ribadu-tells-jonathan/

The guy's heart got hardened like the time of the Israelites

He is a stubborn old man. .at 82 he should leave the Country alone

what

Rubbish!

Anyone that wishes PDP for the SW is against development, has any of the PDP States in the SW developed in the last 4years

This man should face his abuja and keep deceiving himself!

Sorry Beaf

See

Nothing more relaxing than a becomrichn post on a Sunday evening

You guys still think GEJ is working for Nigeria or PDP?

jason123:
I am just happy Nigerian are waking up!

@ your signature

U fit try mop lagoon. .

If that one no do try play with Lion

@Topic

Why dont you visit a student doctor when u are not feeling good and give him a chance

the lives of 150m people is on the line, and you want to do trial by error??

Said it months ago that Aganga will ruin our economy, everyone said he is Goldmansachs, now calls for him to resign left right

You got that right KunleOshob!

@OP Do u know of Pastors that dont pay tax?

Haha tell Us yours Oga!

dappssee:
I'm sure you can read.

Go through my post again slowly and thoughtfully. You can talk to your teacher if you need help

Must you be so disrespectful? to a simple question

at post because your support staff that represents .000001% of the 'masses' feel so, dont make it so Mr.

Rubbish Post!

We have no reason to be borrowing when the price of crude oil keeps going up

what kind of economics did Aganga study?

House may close crude oil account
By Ini Ekott

February 4, 2011 05:38AM
  print  email   

The House of Representatives has threatened to shut the Excess Crude Oil Account by raising the benchmark for crude oil to $80 per barrel.

It accused the federal government of deliberately lowering the benchmark, keeping it at $65 per barrel so that it can claim all the money above that as ‘extra’ to be placed in an account from where funds are drawn without recourse to the National Assembly.

It also vowed to block government from funding part of its recurrent expenditure with loans, because the nation is currently burdened by a huge N1.38 trillion deficit in this year’s proposed N4.226 trillion budget.

The lawmakers deplored President Goodluck Jonathan’s decision to seek for new loans this year to help tackle a deficit funding that surpasses the total capital expenditure of the budget by more than N300 billion.

Sensible borrowing
John Enoh, chairman, House committee on Finance, said if the loans will be used for developmental projects as “done worldwide,” then there are prospects that the leftover of more than N300 billion will be used to fill the deficit gap left in the recurrent budget too.

“We will borrow, yes, every country borrows, but we cannot borrow more than our capital budget,” he told a government team led by Bright Okogu, the Director General of the Budget Office of the Federation, at a budget proposal meeting yesterday.

The 2011 budget is predicated on an estimated oil production of 2.3 million barrels per day; an oil benchmark of $65 per barrel; exchange rate of N150 to the US dollar; joint venture cash calls of $4.5 billion, and projected growth rate of seven percent.

With a huge 59 per cent, recurrent expenditure for this year has, as usual, tipped far ahead of capital expenditure whose contents and implementation are often seen as key to the growth of a developing nation like Nigeria.

This year’s budget proposal follows the pledge by federal lawmakers, and even administration officials, to close the wide margin between recurrent and capital outlay and find some ways of dedicating more funds for the nation’s deplorable infrastructure.

No loans for salary payments

At a preliminary hearing on the budget yesterday, the House Finance committee underpinned that position making it clear that it will oppose loans intended at servicing personnel and overhead costs.

The lawmakers said any such borrowing should not exceed the value of the capital and the remaining N300 billion, should be sourced through an enhanced government revenue drive.

Mr. Enoh asked, “Can’t we raise the target of say (Nigerian) Customs from the present N450 billion rather than borrowing?”

In his reply, the government representative, Mr. Okogu said the administration is hoping to reap from the ongoing forensic audit of the Nigerian National Petroleum Corporation and to get more funds from pressing the Ministers, Department and Agencies (MDAs), to make more refunds to the federal purse.

Read More: http://234next.com/csp/cms/sites/Next/News/5672323-146/house_may_close_crude_oil_account.csp

Why dont you see the media, or officials of this administration use the word "Government" more than they use "President Goodluck Jonathan".

neways you cant understand. .bookmark this thread in some months it will become more obvious!

Please do us all a favor and dont contest this 2011

The Country cant stand another 4yrs of PDP. .abeg!

Its unfortunate im 2months ahead of Nairalanders and Nigerian Media, check all my past posts

You will all soon begin to say this also in the next few months

I have noticed how GEJ and his wife have been ruling Nigeria

They both come across like they believe they own the Country

A mistake of giving this people another 4yrs will spell nothing other than disaster for the economy

Stand Up! For a New Nigeria!

This is horrible!

I pray they find them, and its only a case of kidnapping. .

it shows how people are desperate to have money

afam4eva:
It's either Aganga is lazy or simply a liar. How can you call someone a thief on National TV and after the person responds to your allegation with facts and figures and challenges you to a debate you're telling him that you have no time. Referring Soludo to investors, “who lost so much money in the capital market.” Why didn't he leave it to investors when he came out criticizing Soludo.

I will go with both, i have been saying this barely few months after he became Minister of finance, but the Goldman sachs experience got everyone feel otherwise. .his days are numbered in govt. .

I believe today is the deadline for parties to submit names of their candidates and running mates

Does anyone know who Ribadu has chosen has his running mate??