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Politics / Re: Coronavirus: Why Nigeria Government Needs $7 Billion Loan by rollybest(m): 8:51pm On Apr 06, 2020
Finnese001:
I don't even know what this administration see inside loan
grin grin
The government of loan
Politics / Re: RANKING NIGERIAN Governors for March. Top 5 Bottom 5 by rollybest(m): 8:16pm On Apr 06, 2020
Immediately I looked at numbers 1 and 2 and didn't see The governor of Ebonyi state Engr Dave Umahi. I knew that the ranking is from ghetto and weed house. Thanks
Romance / Re: My Dangerous Encounter With A Girl by rollybest(m): 4:05am On Apr 05, 2020
It's alright
Politics / Re: Coronavirus: In Few Months From Now, Newspaper Headlines May Read Like This by rollybest(m): 8:38am On Apr 03, 2020
tatatar:
We are not under gej's administration bro.
Chai brother am ashamed of you. I voted this government,in 2015 but anybody that still supports this govt needs checkup
Politics / Nigeria's Revenue Rises By 129% In 2018 To #9.4 Trn by rollybest(m): 9:25am On Feb 06, 2019
Indication that this trend will persist this year emerged
yesterday when the price of crude oil, rose to $63.02 per
barrel from $60 per barrel, representing $3 above the
nation’s budget benchmark of $60 per barrel.
According to the economic report for the fourth quarter of
2018 ( Q4’18) released by the Central Bank of Nigeria
(CBN) yesterday, total oil revenue rose by 129 percent to
N9.4 trillion in 2018 from N4.1 trillion in 2017. Non oil
revenue also rose by 21 percent to N3.9 trillion from N3.2
trillion in 2017. Consequently oil revenue accounted for
71 percent of the total federally collected revenue which
rose by 82 percent to N13.3 trillion in 2018 from N7.3
trillion in 2017.
However, total federally collected revenue fell by 4.8
percent to N2.4 trillion in Q4’18 due to decline in non oil
revenue.
The report said: “At N2.41 trillion, federally-collected
revenue in the fourth quarter of 2018, was lower than the
proportionate quarterly budget estimate of N3.32 trillion
billion by 27.4 per cent. It also, fell below the receipts in
the preceding quarter by 4.8 per cent.
“The decline in federally-collected revenue (gross) relative
to the proportionate quarterly budget estimate was
attributed to the shortfall in receipts from both oil and
non-oil revenue components during the review period
Gross oil receipt, at N1.46 trillion or 60.7 per cent of the
total revenue, was below the proportionate quarterly
budget estimate by 23.7 per cent, but higher than
receipts in the third quarter of 2018 by 5.1 per cent.
Despite the increase in crude oil price, oil revenue
declined relative to the proportionate budget owing to
shortfalls in crude oil production and exports, arising
from maintenance at various NNPC terminals.
“Non-oil revenue, at N946.90 billion or 67.6 per cent of
the total, was below the proportionate quarterly budget
estimate of N1.4 trillion and the level in the preceding
quarter by 32.4 per cent and 17.0 per cent, respectively.
The lower non-oil revenue relative to the proportionate
quarterly budget estimate was due to the shortfalls in
receipts from Federal Government Independent Revenue
and VAT in the review period”.
FG records N3.4 trillion deficits in 2018
Meanwhile the federal government recorded N3.4 trillion
deficits in 2018, representing 59 percent when compared
with the deficit of N2.14 trillion recorded in 2017.
The CBN Q4’18 economic report also revealed that deficit
rose to N910 billion during the quarter, representing …
percent from N855.09 percent recorded in Q3’18.
The CBN said: “Federal Government retained revenue for
the fourth quarter of 2018 was estimated at N916.44
billion. This was below the proportionate quarterly budget
estimate and the receipts in the preceding quarter by 51.5
per cent and 11.5 per cent, respectively. Of the total
revenue, Federation Account accounted for 90.4 per cent,
while VAT, Excess crude/PPT, Federal Government
Independent Revenue, Excess Non-oil and Exchange Gain
accounted for 4.3, 3.5, 1.4, 0.3 and 0.1 per cent,
respectively
“The estimated Federal Government expenditure for the
fourth quarter of 2018 stood at N1.83 trillion and was
below the proportionate quarterly budget estimate of
N2.38 trillion by 23.1 per cent and the level in the
preceding quarter by 3.4 per cent. A breakdown of the
total expenditure showed that the recurrent component
accounted for 87.8 per cent, while capital and statutory
transfers accounted for 5.9 and 6.3 per cent,
respectively. A further breakdown of the recurrent
expenditure showed that the non-debt component
accounted for 53.8 per cent, while debt service payments
was 46.2 per cent
Thus, the fiscal operations of the Federal Government
resulted in an estimated deficit of N910.41 billion,
compared with the proportionate quarterly budget deficit
of N488.62 billion.”
Mr Godwin Emefiele answering questions during
his screening by the Senate for Central Bank
Governorship in Abuja on Wednesday
Oil price rises to $63.02, $3.00 in excess of 2019 budget
benchmark
The rise in price was attributed to the efforts of the
Organisation of Petroleum Exporting Countries, OPEC to
remove excess oil from the volatile market.
Specifically, the prices of Brent, West Texas Intermediate,
WTI and Organisation of Petroleum Exporting Countries,
OPEC Basket stood at $63.02, $55.26 and $60.93
respectively.
In its recent report, OPEC that expects increased stability
in the market stated: “The Joint Ministerial Monitoring
Committee (JMMC) has expressed its utmost satisfaction
with the steady and robust achievements of the two-year
old ‘Declaration of Cooperation’ between OPEC and
participating non-OPEC oil producing countries.
“The JMMC noted that countries participating in the
‘Declaration of Cooperation’ achieved an overall
conformity level in November 2018 of slightly below
100%, hitting 98% for the month.
“It is evident that significant progress has been made
towards the goal set at the 4th OPEC and non-OPEC
Ministerial Meeting of 23 June 2018, whereby countries
agreed to strive to adhere to the overall conformity level,
voluntarily adjusted to 100%, as of 1 July 2018 for the
remaining duration of 2018.
“The overall conformity level since the beginning of the
‘Declaration of Cooperation’ in January 2017 is well
above 100%, coming in at 116%.
“The Committee confirmed the attached new voluntary
production adjustments effective as of 1st of January
2019 for an initial period of six months, based on the
unanimous decisions taken at the 175th Meeting of the
OPEC Conference and the 5th OPEC and non-OPEC
Ministerial Meeting on 7 December 2018.”
It stated: “These voluntary production adjustments will
continue to be monitored by the JMMC on a monthly
basis, ably supported by the Joint Technical Committee
and the OPEC Secretariat, in an open and transparent
manner.
“The JMMC calls on all participating countries of the
‘Declaration of Cooperation’ to redouble their efforts in
the full and timely implementation of the supply
adjustments to ensure that the oil market remains in
balance in 2019.”
However, in his budget presentation to the National
Assembly, President Muhammadu Buhari had stated:
“The 2019 Budget Proposal is intended to further place
the economy on the path of inclusive, diversified and
sustainable growth in order to continue to lift significant
numbers of our citizens out of poverty.
“The underlying drivers of the 2019 revenue projections
have been adjusted to reflect current realities. On the
expenditure side, allocations to Ministries, Departments
and Agencies of Government were guided by the 3
objectives of the ERGP, which are, (i) Restoring and
Sustaining Growth; (ii) Investing in our People and (iii)
Building a Globally Competitive Economy.”
Romance / Re: My Grandma, Fiancée, And I In A Pre Wedding Picture by rollybest(m): 10:54pm On Dec 08, 2018
Epifanio:





LOL
So says a depressed, frustrated ipo-pig street begger, face your alms begging destiny,
they're not the cause of your family misfortunes.
though i was just joking. but i want to categorically tell you that the alms seeking post was not made by me
Politics / Re: Bianca Ojukwu As The Most Beautiful Girl In Nigeria In 1988 (Throwback Photos) by rollybest(m): 6:08pm On Dec 04, 2018
Zieina:

Dindinrin. She no fine she no fine. Nothing u can do about that.
Why are you pained, did Bianca do anything wrong to you?

1 Like

Education / Re: Umahi Flags-off Construction Of Civil Engineering Workshop At AE-FUNAI by rollybest(m): 8:06pm On Dec 01, 2018
Nwajiuba is a total scam
Romance / Re: My Grandma, Fiancée, And I In A Pre Wedding Picture by rollybest(m): 10:21pm On Nov 30, 2018
Your wife looks older than you

38 Likes 4 Shares

Politics / Re: Nigeria Not Among Top 10 Fastest Growing Economies In Africa In 2018 - (WB/ IMF) by rollybest(m): 8:51pm On Nov 26, 2018
Yes ooo courtesy of "THE NEXT LEVEL MAN"

10 Likes 1 Share

Romance / Re: Z by rollybest(m): 12:25pm On Jul 17, 2018
RevenGeMission:
Except the ID was hijacked from the owner, previous posts do not indicate a begger but this is a scammer, OLD ID does not matter it's fraud
Bro i don't understand
TV/Movies / A by rollybest(m): 4:22am On Jul 17, 2018
B
Religion / P by rollybest(m): 10:04pm On Jul 16, 2018
Good
Romance / Re: Z by rollybest(m): 9:40pm On Jul 16, 2018
Please brothers, even if it's 1000 each, i will appreciate, i will appreciate anyone that sends on this forum so that when it's up to that amount, you guys should stop sending . Please help a brother
Crime / Re: Save A Drowning Soul by rollybest(m): 9:15pm On Jul 16, 2018
Ukoma9:
Instead of committing suicide just sell your phone and use the money to pay for it.
The phone am using, you can't even buy it for #3000, am just managing it.
Romance / Re: Z by rollybest(m): 9:12pm On Jul 16, 2018
Nofav0rs:
22k engineering levy in a fed uni? Wow!

*In Desiigner's voice*
I got broads in Atlanta
Twisting dope, lean, and the Fanta
Credit cards and the scammers
Hitting off licks in the bando
My brother that is it, we have complained but no body is listening to us even the government. I just need help, this fee is my only nightmare now, or i will drop out
Crime / Save A Drowning Soul by rollybest(m): 9:01pm On Jul 16, 2018
Good evening brothers and sisters, am a student of Alex Ekwueme federal University Ebonyi state, please guys i need your help less i will not write exams that is starting (for my department) on Friday this week.
Am a student of of engineering faculty.
I have paid my school fees and all other fees except one fee called engineering levy, #22,000 if you know any body in the school you can call and verify. Please guys if i don't write this exam i might commit suicide because i don't see a reason to live again. All evidence of my studentship will be provided, in fact to show my truthfulness if you are living in Ebonyi state don't send me the money i just need the teller. Which you can get the account from the school website,( www.funai.edu.ng). Please help me brothers, save a soul thanks. I will send any evidence required please brothers. Thanks
Romance / Z by rollybest(m): 8:53pm On Jul 16, 2018
Disregard
Education / K by rollybest(m): 8:47pm On Jul 16, 2018
Disregard
Sports / Re: Russia 2018 ‘Best World Cup Ever’ - Says FIFA President, Gianni Infantino by rollybest(m): 9:14pm On Jul 13, 2018
will2lead:
get urs now
What is the name and price
Travel / Re: Cows Now Uses Pedestrian Bridge In Anambra PICTURE by rollybest(m): 3:52pm On Jul 08, 2018
Chai, we are doomed

2 Likes

Sports / Re: Predict & Win N7,200 Airtime: Argentina Vs Nigeria by rollybest(m): 2:05pm On Jun 25, 2018
NIGERIA 1 ARGENTINA 0
Sports / Re: Correct Prediction 1k Card: Nigeria Vs Croatia by rollybest(m): 9:25am On Jun 16, 2018
NIGERIA 1 CROTIA 0
Sports / Re: Photos Of Russians Begging Super Eagles Players For Selfies And Autographs Today by rollybest(m): 9:22am On Jun 13, 2018
Maxking1:
Super eagle coach is like what kind of celebrity team be this.. Which kind wahala I put self
Hahahah this one weak me
Politics / Re: Why Did Majority Of Igbos Refused Voting Abiola In June,1993? by rollybest(m): 7:07am On Jun 08, 2018
A very useless thread

2 Likes

Politics / Re: Umahi Bags "Governor Of The Year Award On Infrastructure" By Authority Newspaper by rollybest(m): 8:17am On Jun 07, 2018
akereconfi:



Please travel out and see what a State Capital looks like for once and stop wallowing in abject mediocrity.

Even the road that leads to your State Government house from Sperando to the Government house, it's so rubbish. Y'all still do bike in your State Capital and you can get a bike ride you to the state government house.


Where on earth is that done??

One will think the location of the Government house or its environs will be 'classy ' but na.

PS: I'm not hating, I'm saying it like every corp member serving here and also coming here for the first time is saying .

Ebonyi State is a glorified LGA


Check the profile of all the people praising the Governor, they all opened their account a month ago

Paid spam bots
Have you bothered to check my profile?. I have been to akwaibom, cross river, kano, sokoto, rivers, Delta all the south east state and indeed Abuja and Lagos. Am not a mediocre like you. I talk from experience
Politics / Re: Umahi Bags "Governor Of The Year Award On Infrastructure" By Authority Newspaper by rollybest(m): 4:26pm On Jun 05, 2018
akereconfi:
I'm a corp member serving in Ebonyi (Ezza South-Onueke)

I'm a PDP fan boy

I'm from the South South

I'm not hating


Abakiliki isn't fit to be a Local Government


All what the OP said up there are blatant lies from the pit of hell. I hope you get paid mega bucks for this shameless show of mediocrity


Please for once say the truth, i live in ABAKALIKI and am also an indigene of the state. Gov Umahi has really done well in infrastructural development. In fact he does not need campaign to win next year's election
Politics / Re: Race 2019: 13 Presidential Aspirant Details by rollybest(m): 9:08pm On Apr 27, 2018
Fayose and buhari are not suppose to contest, they are failures plus Atiku.
Politics / Re: Ben Bruce Reacts To Dino Melaye's Arrest by rollybest(m): 10:36am On Apr 25, 2018
True talk. Buhari na waooo

19 Likes 4 Shares

Education / Re: . by rollybest(m): 8:56pm On Apr 17, 2018
acevic:


Please I need to speak with you concerning waec scratch card. How can I reach you?
Give me your number on my email.
Rollybest1996@gmail.com
Politics / Re: Nigeria Overtakes India As Country With The Most People In Extreme Poverty by rollybest(m): 2:05pm On Feb 25, 2018
it's alright. writing will not change things, until we raise up and do something. my people perish because of lack of knowledge not resources.let the wise understand

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