₦airaland Forum

dorothy111:
Was GEJ a bad leader? Yes
Is Bubu any better? No.

Both of them are rubbish.

You're wrong. Bubu is far better please.
Start mentioning what he's bad at and I'll go the lane with you with facts.

GamalNasser:
What do you people gain in defending Buhari sef ?

Sincerity and integrity

See comments and no single thanks to Buhari. God will judge all of una. Bunch of hypocrites.
You won't die if you show some appreciation to this present government administration. We've never had it this good in this country.

Thank you Sai Baba. My area can boast of 19 hours straight.

Are they through with BBNAIJA

Una all they ment so because of the phrase "Arrest with and the whole will change,” while Gambari responded saying “we will go beyond…”. Y'all ranting like a stray dog.
You will be alright las las.

Buhari and Tinubu at work

Everyone of you shouting "paid" everywhere in this thread, is this a deep hatred for the man or the disappointment that NE got liberated or your life has been perpetually soaked in bad news that you can't ever believe in good news again

None of you is living in the region to ascertain what has been during GEJ and PMB now.

What’s interesting is that apart from the 399.5m loan Nigeria is repaying to China on the failed Public Security Comms System project of 2010, the then Government also reportedly put in $70.5m of Nigeria’s money as counterpart funding = 15% of total project cost of $470m.

In essence, the PDP Govt borrowed $470m for this project with no camera or anything to show for it.

dalass:
So he was an American?

Played the typical local African giant wrestler to perfection

They really fooled us all

carterguccy:
Igbos hate Igbos

They keep denying this online

Their type trending #NigeriaNotMyCountry
Shiooor

jlinkd78:
Foiled? May God be praised. You can't align with Wike without borrowing some courage and audacity. Obaseki has proven he is a man with balls and APC game plan falling like a pack of cards. Hard core APC even know dat under an egalitarian environment there is no way Ize Iyamu with all d collateral damage done on him by Oshiomole can win d election but are only banking on Federal might

So this is a welcome development for you abi and democracy is not in danger in this case bah?

You will be alright you bloody hypocrite

AregbeFufu:
The Buhari effect.

Lockdown without economic stimulus, because foreign countries were doing; we joined them.
Tell me what the shabbily enforced lockdown achieved. Death rate before, during and after the lockdown remained constant.
Movement was never really shutdown, the only thing that experienced a lock down was the economy.
Africans must start using their brains one day,there will be a time we will be stuck between the devil and the deep blue sea, the only way out being to think

Can you just shut up and read the article again. So Buhari invented covid-19.
This is the effect of the pandemic worldwide stop being an ignoramus.

House (of Reps) Uncovers Clauses Conceding Nigeria's Sovereignty to China"- Beyond the Hullabaloo, Meaning & Effects of Waiver of Sovereign Immunity! @OmoKakafiala @Morris_Monye @biobaku05 @recalcitrant90 @eastunltd @sam_adeyemi @akinalabi @toluogunlesi @DrJoeAbah

Simply put, (inter alia) sovereign immunity is a legal doctrine giving immunity to a sovereign state (e.g. Nigeria) from any order, injunctive relief or other execution of any judgment or award against its assets even if made as a consequence of breach of a binding contract.

The effect of sovereign immunity, therefore, is that even if a country borrows/obtains Trillions of USD from foreign investors, DFI, other sovereigns & such an amount was used for massive infrastructural projects etc & such a country refuses to pay back or cancels contract(s)...
then even if you got judgment against the country, you can't enforce same, even against such infrastructure or anything else. In this case, a country will not see development or infrastructural growth. In the real sense, there will be no substantial investments or lending..
especially to countries with low credit ratings or high political risks, as where there was a breach there was not much, the investor/lender could do to enforce such rights in terms of enforcing judgement indebtedness or arbitral awards.

Hence, no lender/investor who is sane will be willing to lend funds to or invest in such country. This was more so, the case, with African countries & Nigeria in particular. Nigeria's case was also peculiar because of its negative pledge with the The Bretton Woods Institutions.


Waiver of Sovereign Immunity, which is what was quoted by the newspaper, simply means that if the sovereign (e.g. Nigeria) breaches its contract, obligations etc. judgment may be enforced against her or certain assets (especially those which have formed the security or collateral
Without waiver of sovereign immunity, it would always be difficult, if not completely impossible for states with not very great credit rating or that are considered to have substantial political risk (such as Nigeria) to obtain substantial financing or international investments.


Simply, no one will site huge infrastructural project or make huge investments in Nigeria without requesting for such waivers- can be different for much smaller investments. (although, no rule is absolute). @dipoololade @OgbeniDipo
Also, the situation could be different with countries known to consistently honour obligations, with high credit ratings and which have very low political risks! @Qriscero @tobiBowale @afalli
The foregoing makes common sense, because no one wants to invest billions or trillions of dollars and then lose it all or have the rules changed (obsolescing bargain) without serious recourse or ability to enforce their rights especially security rights or collateral.


Really, what is the effect of creating security or giving someone collateral under an agreement or arrangement, if that person cannot enforce security or take such collateral? Will you accept security or collateral you know you cannot enforce or take? @recalcitrant90 @eastunltd
The problem really, is one of trust & not a problem with international commercial arrangements. Any commercial lawyer worth his salt will ask for waiver of sovereign immunity, if advising an international investor undertaking a major project with the Nigerian govt @OmoKakafiala


I doubt that anyone destructively criticizing the concept will lend money to someone they know, they cannot collect their money back from or whose assets they cannot take as collateral, regardless of what they do @biobaku05
Or would you lend money to a person you cannot enforce a judgment for your money or a collateral/security against? The concept of waiver of sovereign immunity just seeks to ensure that investors and lenders can get their money back or enforce a judgment where they cannot!
I believe many Nigerians don't trust our govt because of the historically high level of corruption; hence, I think the problem is not with the Waiver of Sovereign Immunity, but 'thinking' Nigeria's assets will be sold or they will not get Nigerians a good deal @IsaacAnyaogu1


I hope the foregoing provides more insights into the what the concept of sovereign immunity means and that it is not necessarily a condemnable commercial arrangement, as you wouldn't even have much of the infrastructure we now have (the trains etc.) without that waiver!


There are key projects I had advised on (but cannot mention here) where sovereign immunity had to be granted or the investor, wasn't going ahead. All Nigerians now enjoy the projects! Challenge may be, not trusting the political class @iaboyeji @akinalabi @Dolarpo @NaijaFlyingDr
I believe there is no middle point, it is either Nigeria becomes very low political risk with high credit ranking & minimal country risks (take a while) or continue to Waive Sovereign Immunity under major infrastructure type contracts to attract projects & investments

Tax Collectors are still collating revenue generated.

There's a shocker coming, those who stepped down for him in PDP are also planning to defect to APC SOON.

#BuhariInMali : many of our foolish youths and 'intellectuals' dont understand the strategic importance of Buhari's visit to Mali?Are they just playing politics or they are just plain stupid?

So you don't know we need a politically stable Mali as a line of defence against ISWAP?

We already have a hard time curtailing the Boko Haram/ISWAP war. Things can only get worse with a dismembered Mali. We thought Libya was far away but see where how quickly the arms trade spread south.

There are some things we should never politicize; that visit is one of them.

Oooops, sorry it's an IPOB thread.

Bye

#BuhariInMali : many of our foolish youths and 'intellectuals' dont understand the strategic importance of Buhari's visit to Mali?Are they just playing politics or they are just plain stupid?

So you don't know we need a politically stable Mali as a line of defence against ISWAP?

We already have a hard time curtailing the Boko Haram/ISWAP war. Things can only get worse with a dismembered Mali. We thought Libya was far away but see where how quickly the arms trade spread south.

There are some things we should never politicize; that visit is one of them.

And they keep shouting Reject Nigeria.
Yeye developers

NaijaRoyalty:
Nigeria is currently in a mess under buhari .

Everybody just dey do as they like non stop.

Shut up and stop blaming Buhari for everything. Did he appoints senators too?
These are the men you voted in your constituency to go represent you but doing anyhow.
Until we realize that Buhari is not our problem in this country, we'll never move forward.

post=91497154:
SOUTH EAST: IS IT NOT TOO LATE?

I have read the recent transmissions by Senator Bukola Saraki directed at my Igbo tribe. I have deliberately kept mum on this as I had earlier resolved to speak less on Igbos as regards the 2019 Elections and 2023 Presidency having said quite a bit. 

However seeing as some of my brethren have swallowed the cheap bait, I will chip this in just to keep the reality before us, at least for posterity sake. Truth is bitter but it's still the best medicine. 

My people say; 'He who does not remember where the rain started beating him, will not remember where it stopped'. 

REWIND TO 2014. 
A new National Party was being conceived. Political Parties, political players and Regions were being wooed to the new alliance. 

'We' Igbos (read South East) vehemently refused to touch it even with a long pole. We packaged, sold to ourselves and bought the baseless propaganda that it was an Islamic alliance that would birth an "Islamic" and "Hausa" Party. Simply because those our brethren heavily invested in the PDP at the time were afraid of losing their vested selfish interests.
Till today I'm still trying to fathom the basis for that wicked and twisted deceit especially as many of those Igbo elites who sold that dummy have since ported to the same APC.

We failed to even identify with that new Alliance. Hence the Party, APC was birthed without any remarkable input from us or presence. The few amongst us who aligned were called all kinds of names and abused to high heavens by us even when they were proven right afterall.

Thus the few Igbos who were part of it were at best fringe players as they didn't have the required clout to make serious demands and do the necessary political wheeling and dealing required in Politics to strike the hard bargains since politics is all about interests and numbers. They were even suspect, so much so that it was only their personal political sagacity that gave them whatever they got.

That Party went on to win the Presidential Election which in truth, most of us never believed it could or would, because of our half baked permutations and poor understanding of Nigerian politics. But it did. 

Curiously we turned up at the fore front of telling this same Party how it should share it's 'spoils of war'. We became hypocritical moral champions with an over bloated sense of entitlement. Who does that, in all political reality and practicality? But we did, even while vehemently and vociferously still refusing to shift our position, style and rhethoric.

We dug in. Supported every bad thing and person against the Party, the elected President and the Administration while denying any and every good done to and for our Region.

Fast forward to where we are today. Almost four years after the 2015 misadventure, we have stayed put at 2015, refusing to move forward, refusing to shift grounds, refusing to play pragmatic politics, telling ourselves the same lies we cooked and bought in 2015 and some more. 

Now after election, we have started again saying "APC cannot give Presidency to Igbos in 2023". "Buhari cannot hand over to an Igbo man because Buhari hates Igbos". "APC is deceiving you", bla bla bla.

Of course. We will believe Saraki, who has only but a fanthom dream of becoming President and whose only known record is selfishness but we can't believe Buhari who's already President and who has a record of voluntarily picking two great Igbo sons as running mates in the past? Chukwu aju.

It is interesting and vital to note here that the PDP which many of us still proudly support and adore was in power for 16 solid years and in those years there were 4 Presidential Inaugurations and on none of those was an Igbo man found worthy by the PDP of even Vice Presidency and we are still bold to say it is the APC that has not even finished one tenure that doesn't want to give power to Igbos. Odi nma. 

NOW; Seriously, let's be sincere. As things stand today politically, why would the APC even hand power to us Igbos in 2023? 
On what grounds? 
On what records?
On what politics?
Is power given to anyone? 
Is it an appeasement or a gift? 

The APC is a political party. The main focus of a political Party is to hold power and keep it to enable it deliver on its agenda. So if the APC reads that the SE does not want the Presidency or does not have the capacity to help them win and keep power, they will stick with the regions that can and work with individuals who are interested. 

Make no mistake, I have always said, I do not blame us Igbos for the decision majority of us took in 2015. It's our right. But continuing to pretend that it was other regions, Buhari or the APC that made us do what we did then or remain where we are today is purely self deceit and I refuse to play that ostrich game. 

As far back as 2014, I and many others made that argument that Igbo Presidency was very feasible in 2023, ONLY under under the APC, ONLY IF we did a couple of things right politically. I personally continued to speak loudly on that even after the 2015 elections until when I realized that we were not ready to play the politics that was required and now I dare say it may be too late. Or is it not? Time will tell.

For now, we can continue to tell ourselves that we cannot hold the Presidency of Nigeria. We heard and read many of our brethren go from PDP to Biafra/seccesion (read IPOB) to Referendum to "Igbos do not need Presidency but Restructuring" etc forgetting that all that didn't lie squarely with us alone. We think other regions are not reading our body language?

We really don't care what Saraki writes or says because they've all come to realize that it's very easy to play us like a flute. So like Saraki, like Fani Kayode, like Fayose, like Atiku, even Jonah Jang of all people, they keep playing us.

We have learnt not to bother ourself anymore to avoid unnecessary arguements with nonentities
As some of us have said, it's good governance we want, even if only one village will be producing the Presidents. So be it..

Ka Chineke mezie okwu.

J.I


Only a sensible person like you can ever see sense in this.
Glad to see we still have intelligent people with a sound mind like you around.
God bless you.
God bless Nigeria.

Wow what a straightforward and truthful write up. God bless you for this my brother.

I think you should make this a thread on its own entirely.

Orubebe01:
Someone should help direct that thunder to Aso rock pls

And it will definitely come back to hit you and your people.
Winch.

constant1960:
I do not read what will not add value into my life

That is how so many loose out in the CBN CACOVID fund application.

You think you are doing me...

At least for the first time on this forum, people are being sincere about the government improvement on power supply except for the children of anger and hate that are saying otherwise and still cursing.

14-16 hours a day in my egbeda area since March, na our transformer dey suffer am now. It get spoilt every 2weeks now.

I thought you said N300 before

Some comments from these people from southeast shows you are all irredeemable from your hatred paths.
The person you hate most is doing more than what your kinsmen could ever do for you.
Shame on you all.

God bless PMB

proeast:
Enough of this nonsense of showing the same picture of AIIA Enugu when they are still supposedly working on.

We didn't see anybody showing pictures of Aminu Kano airport until we suddenly saw it waiting for commission!

You fix one bulb at Akanu Ibiam Airport, you rush online to showcase it and thank Buhari yet it is taking forever for the bigot to complete it.

Wailers spotted. You will hate till thy kingdom come.

Buhari for 3rd Term

NaijaRoyalty:
Nigerians are obviously tired of APC and there many failures .

So you think there was an election

Location?