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oxford: Oya na, follow am enter graveShey na you write letter! And na you dig grave! Hope na you go put people there... You write craps and expect everyone to swallow. Wannabe Political Analyst! How do your people call you a f00l? |
Wow...from CPC?! Wow...from CPC?! Wow...from CPC?! Haha...GEJ has disarmed them. |
by Mr knowitall.(m): 6:29pm On Apr 30 President Jonathan has said that corruption in Nigeria is exaggerated. In the eternal words of William Shakespeare, if it were so, it was a grievous fault on the part of those Americans who pointed it out. And grievously have those Americans answered it. For the purpose of simplifying this argument, let us forget everything that happened when Goodluck Jonathan was Deputy Governor under Governor Diepreiye Alamiesegha or when he was the governor of Bayelsa State following the impeachment of Alamiesegha for corruption - including the arrest of Mrs. Patience Jonathan for money laundering (redacted and deleted from the memory of Nuhu Ribadu and the EFCC). Let us forget all that happened when he was Vice President under President Musa Yar’Adua or Acting President following his death. Let us start from the time he won elections as President of the Federal Republic of Nigeria on April 16, 2011. Two weeks later, on April 29, 2011, President Goodluck Jonathan secretly approved the transfer of $1.1 billion to the London account of Malabu Oil and Gas owned by former Minister of Petroleum and a convicted money launderer, Dan Etete and Sani Abacha’s son, Mohammed. The money came from funds paid to the Federal Government by two multinational companies; Nigeria Agip Exploration Limited and Shell Nigeria as part of the settlement of the Malabu oil block case between the Federal Government, Malabu and the two multinational oil companies. As soon as the money got into the account of Malabu Oil in London it was wired to secret accounts of cronies and some political associates of President Jonathan. One of the beneficiaries was Abubakar Aliyu. He received over $500 million of that money through several companies he owned. Nobody could fathom what his companies did to warrant such payments. All that we know is that the man is a close associate of Diepreiye Alamiesegha and that he was the same man who (with President Yar’Adua’s help) bought 80,000 square feet of NITEL’s land in Abuja for N1 billion and turned around (with President Jonathan’s help) to sell the same piece of land for N20 billion to the Central Bank of Nigeria. Other than travel round the world, the next big thing President Jonathan did was increasing the price of Premium Motor Spirit (PMS), otherwise called petrol, from N65.00 to N141.00 on January 1st 2012. This action prompted spontaneous protests across Nigeria and abroad. Even though President Jonathan and his team threw around conflicting figures- which showed they had no understanding of what was really going on in the oil industry- they kept arguing that the pain would be temporary and that after the pain the benefits would overwhelm Nigerians. They promised urban buses, monthly publication of the amount of money saved, maintenance of the Port Harcourt refinery, construction of eight major roads, two bridges etc. The subsidy they said had gulped down N1.43 trillion by the end of 2011. With subsidies removed the government said it would realize N1.134 trillion. The protests forced the government to adjust the PMS price to N97. That would have brought half of the projected N1.34 trillion; that is N600 billion into the coffers of the government. However, a year later, none of the promises had been fulfilled. Nobody can say, with any authority, where the N600 billion made in 2012 in subsidy removal was. In the course of the tussle over the subsidy removal, the Ministry of Finance was forced to set up an inquiry into the government’s subsidy payments to oil marketers and importers. The committee led by Mr. Aigboje Aig-Imoukhuede, looked at the subsidy claims of 2011 and discovered that the Federal Government had overpaid importers and marketers of petrol by a whopping N430 billion naira. Yet, before December 2012, the Federal Government had exhausted N888 billion of the 2012 budget meant for payment of subsidies. An additional N161 billion in supplementary funding had to be approved for subsidy payments else marketers and importers were going to carry out their threat to cease importation of petrol into Nigeria, thereby grounding the country. (Please pause and think of this: In 2012, N600 billion was realized from partial subsidy removal. N430 billion in over payment to marketers and importers was discovered from the 2011 receipts. Also N888 billion was budgeted for subsidy payments in 2012. Yet, by December 2012 an additional N161 billion in supplementary funding was added. So despite the identified overpayment of N430 billion, Nigeria spent N1.14 trillion in subsidy in 2012. And if you add the unaccounted N600 billion saved, that gives us an amount of N1.6 trillion wasted.) As part of the gains of the protests, a presidential panel was set up to look into what was really happening at the Nigerian National Petroleum Corporation (NNPC). The Ribadu-led panel came out with a report that suggested that Nigeria had lost about N4.64 trillion in the last 10 years from deals Nigerian government officials signed with foreign oil multinationals. (A good example is the recent deal involving Petroleum Minister Mrs. Diezeani Alison Madueke and Shell Petroleum Development Company (SPDC) Limited over foou large oil blocks (OMLs 26, 30, 34 and 42). The Madueke deal is said to shortchange Nigeria to the tune of billions and billions in loss associate with billions of cubic feet of gas. Five aggrieved oil-producing communities in Delta State are engaged in a fight with the minister and her friends at the multinational companies). The Ribadu report also revealed that the NNPC had failed to report N86.6 billion to the government in 10 years by simple manipulation of exchange rates by officials of the corporation. The report further showed that about 150,000 barrels of crude oil are stolen each day in Nigeria. So Nigeria loses about $13.5 million per day (at $100 per barrel). In a year, that stands at $5 billion (N750 billion) In January this year, a presidential committee on public service reform discovered that top government officials in Nigeria take home N1.126 trillion a year in salaries and allowances – out of a national budget of N4.9 trillion. These public officers constitute just 0.013 per cent of Nigeria’s population. It is common knowledge that Nigeria’s 108 senators each make over $1.7m dollars a year when US President Barak Obama only makes $400,000 a year. That alone is $183.4 million (N28 billion). Then the 360 members of the House of Representatives each takes home over $1.2 billion dollars, which amounts to $432 million dollars (N65bn). Again, each state governor collects an average of N200 million naira a month just as security vote. In a year, they each get N2.4 billion naira. So our 36 governors take home N87 billion naira on security votes alone every year. Add our 38 ministers and ministers of state, 100 plus heads of federal and state agencies, over 432 state commissioners, 774 local government area chairmen or caretakers, almost 10,000 councilors and you will understand where the N1.126 trillion goes. While all these were going on, a former speaker of the House of Representatives, Dimeji Bankole was arrested and charged for embezzling a N10 billion naira loan borrowed on behalf of the House. He has since been released- awaiting trial, like many governors of the past 13 years. Also an assistant director in the Federal Civil Service, John Yusuf together with his friends stole N27.2 billion from the Police Pension Fund. He was tried and sentenced to 2 years in jail with an option of a N750, 000. At the same time, a Pension Reform Task Force set up by the government to recover looted funds found billions in some banks. Its chairman Alhaji Abdulrasheed Maina transferred the recovered funds to his private account. When asked to appear before the senate, he absconded to Malaysia. Around the same time, the former Minister of Education, Mrs. Oby Ezekwesili accused Presidents Yar’Adua and Jonathan of squandering in 4 years the $67 billion in External Reserves left by Obasanjo’s government in 2007. She offered to have an open debate with Jonathan’s government but the government called her names and shut her down. Jonathan’s team told Nigerians excited by the prospects of a debate to keep quiet; after all, Nigeria’s external reserve is back up to $48 billion and our national Sovereign Wealth Fund is now $1 billion. (Big deal, until you look at what Algeria ($190 billion) and Libya ($130 billion) and India ($290 billion) and Singapore ($260 billion) have in their foreign external reserves.) This is the world of revolving billions and trillions that President Jonathan and his 0.013% of Nigerian public officials are living in. In such a world you will understand why President Jonathan had no sense of outrage as he pushed through a proposal for a First Lady Mission that would cost N4 billion to build. You will also understand why a food allowance of almost N1 billion did not sound outrageous to the presidency. In this world of revolving billions and trillions, where everyone in their circle is getting theirs, you will understand why nobody who is getting paid will seriously raise a hand to point at others in the same club. Many of us do not know but Nigeria makes an average of $20 billion dollars (N3 trillion) in oil and gas revenue a year. Nigeria also makes N5 trillion from Federal taxes. From Customs duty, Nigeria makes another one trillion. That is a total of N9 trillion. If you add a typical year of $10 billion in Excess Crude Account, you are looking at an annual income of over N10 trillion. In a typical year, Nigeria budgets N4.9 trillion. N10 trillion in revenue minus N4.9 trillion budgeted you have about N5 trillion out there for politicians to play with. If we were to share the N10 trillion naira revenue amongst 170 million Nigerians, every citizen should get N59, 000.00 naira each. A typical family of six will get N354, 000.00 a year. And if Jonathan closes the loophole through which N750 billion is lost in stolen crude oil, even if it is by 50%, an additional N370 billion will come in. Last December, Ngozi Okonjo-Iweala announced proudly that Jonathan’s government has recovered N29 billion naira from oil marketers out of N234 billion certified as stolen. Again if Jonathan ends the waste from oil subsidy, at over N600 billion a year, Nigeria will get an additional revenue of one trillion naira a year for a grand total of N11 trillion each year. Meanwhile, Nigeria’s external debt has been on the increase since Ngozi Okonjo Iweala came back. It is projected to hit $20 billion in external debt and N6 trillion in domestic debt next year. That means, in less than 10 years after Ngozi Okonjo Iweala paid $12.4 billion of Nigeria’s money to the Paris and London Clubs to fulfill her now abandoned goal of having Nigeria as a debt free nation, Nigeria’s debt is back in full. President Jonathan is lucky that Nigerians are too busy with more important things – fighting over Chelsea and Manchester United and Arsenal and the decision the coaches of each team make each Saturday and how the European league referees perform on the pitch. So far, Nigerians have abandoned their own team, their own coaches, their own referees, their own pitch and the matches that affect their lives the most. The day Jonathan’s luck will run out is the day Nigerians will grab a calculator and add up these billions and trillions. Until then, it is mere exaggeration when I say; I come to bury Jonathan not to praise him. |
chronique: Funny how you say an agent who takes a buyer to cotonou is scamming the buyer by collecting 50k - 100k back behind the buyer. Are they suppose to do it for free? Are they not rendering services to their clients? You sound like a bad biznessman trying to put others down to rise. There's a difference between a person scamming and a person charging for a job done. I'm not a cotonou dealer though so don't think I'm fighting my cause;no. Weight your choice of words properly else you put other genuine dealers in bad light. Coming out plainly to tell people yours is cheaper would have been more appropriate. It's just like me telling people that other clearing agents are scamming people because my price is cheaper than theirs;it's a wrong assertion. Try to understand words properly before using them. I know the average car buyer is ready to sidetrack the dealer to get it cheaper from the importer. If a dealer goes behind to get a cut,then he's probably dealing with a shylock buyer;I speak from experience. All the same,wish you luck.Shylock buyer is a new one my guy. Shylock ontop his money? If the agent is not out to scam, he would not do business with the "Shylock buyer". Who says the Saint Agent won't be paid for his services? Abegi! Nigerians are always looking for opportunities to outsmart people who do business with them. It is painful when you realize that this culture is being sustained by young Nigerians too.. |
chronique: Funny how you say an agent who takes a buyer to cotonou is scamming the buyer by collecting 50k - 100k back behind the buyer. Are they suppose to do it for free? Are they not rendering services to their clients? You sound like a bad biznessman trying to put others down to rise. There's a difference between a person scamming and a person charging for a job done. I'm not a cotonou dealer though so don't think I'm fighting my cause;no. Weight your choice of words properly else you put other genuine dealers in bad light. Coming out plainly to tell people yours is cheaper would have been more appropriate. It's just like me telling people that other clearing agents are scamming people because my price is cheaper than theirs;it's a wrong assertion. Try to understand words properly before using them. I know the average car buyer is ready to sidetrack the dealer to get it cheaper from the importer. If a dealer goes behind to get a cut,then he's probably dealing with a shylock buyer;I speak from experience. All the same,wish you luck.Shylock buyer is a new one my guy. Shylock ontop his money? If the agent is not out to scam, he would not do business with the "Shylock buyer". Who says the Saint Agent won't be paid for his services? Abegi! Nigerians are always looking for opportunities to outsmart people who do business with them. It is painful when you realize that this culture is being sustained by young Nigerians too.. |
Hahahahaa...someone didn't convey their message properly or Alomo Bitters is reigning somewhere |
It is like our Senators are too lazy to read or they cannot comprehend easily...a bill that has so many clauses would just be dismissed for a flimsy excuse that it would benefit some people, why not remove that part....why do they have to deliberate if proposed bills must be perfect? |
GenBuhari: [size=13pt]Abubakar Atiku, the former PDP vice president to Obasanjo (1999-2007) it was that said he would make the country ungovernable after losing the 2011 PDP Presidential Primaries to GEJ.Doyin Okupe has shown how incompetent he is...The CBN Governor should test him for drugs (as he suggested for political office holder) the guy is just talking from every opening in his body. But this Buhari does not have the mental ability and acumen to win the heart of Nigerians. His eyes are just on the president's seat, he does not want to make any sacrifice to get there. Is it not reasonable to quench the fire in the house before we chase thieves? Abeg oooo |
Charity begins @ home |
All these were going on under the noses of our law enforcement agents...people (including sitting governors) proudly spew all the poos they do, NOTHING is done...na aw oooo |
Are the red legs part of the package? ![]() |
The operating environment is now difficult for the Banks...increasing cost, cutting revenues drastically. Example of someone playing to the gallery. The negative impacts are beginning to show everywhere. |
A mess...so-called leader |
Boss13: Is old age affecting Baba? Is he trying to reconcile with his heart?Baba has issues... |
Stupid f00l! Attack ko, attach ni! Bombing innocent people who do not have the slightest idea you can attack them is what a f00l calls attack! If you are brave, call out Nigerian Army...criminal and a coward. Little girls are better than you e-diots |
We don't have to get close to a state governor to know certain things...intent is nothing, actions speak louder than words! Like the op said, Uduaghan is just delaying the destiny of the state...Deltans are waiting for when that cup (his govt) will pass. As bad is Ibori was, he is far better than him. |
God bless you op.. |
UYCO: http://www.facebook.com/photo.php?fbid=161533124000384&set=o.469955773049857&type=1Shame on you! For over six yes, the slowpoke cannot show anything as his achievement apart from this crap his calls airport. You vulture continually lie to the world without recourse to your dead conscience! Thank God for the airport, his journey to kirikiri Maximun prison would be fast...anu mpama! Shameless governor who can't learn, must he end up like his mentor and God father? Like the opposition like him more than f00ls like you that claim to support him and we show him where his cousin is and what led him there...but you are just interest in free daily bread and ogogoro from him. Imkpi! |
It is no news that PDP is characterized by deceit. It is most painful to know that the man most people in Nigeria believe that is upright is also involved in it. I am pain because people still believe he is the only person that can lead Nigeria out of this quagmire PDP has led us into...Buhari, was spotted in the stands of a stadium watching a football match. He looked out of place in his usual kaftan obviously forcing himself to be an amiable fellow. Meanwhile, Nigeria has played several matches, won trophies (I suppose); yet this same man has never sent a line of congratulatory message (not even through el-Rufai's usual tweets) talk more of sitting with "commoners" to watch. This act of deceit makes me feel there is no difference between between his advisers and Jonathan advisers and Ministers like Okupe, Reuben, Maku that dish out lies with the same frequency they give out carbon dioxide. Can we trust these people using the image of this same Buhari to form a "strong opposition party"? Is this APC that we are waiting for or we should wait for another? PDP has failed us...most of the members of APC were PDP members. |
How will a team who have no control over which projects to inspect and which not to, have an elaborate and qualitative assessment of all projects(especially abandoned projects) when they are on a guided tour? What are the indices for rating the performance of each states? Does the team take into consideration the cost of each project? Does it rate the performance according to the revenue that accrue to each states? If the saying of he who pays the piper dictates the tune applies here, is it possible to underscore a well receptive host? In a federation, isn't it unconstitutional for the FG to supervise how states use their allocations? State governors like Orji and Uduaghan that are mostly touted as the least performing governors were commended by the GGT, doesn't that smell of politics and partiality? Can the minister chastise an unimpressive governor or minister? A lot of things don't add up, bringing me to the conclusion that it is all a jamboree and scam![/quote]Good! Maybe Deltans need Maku Labaran's pictures to know the "esteemed governor" is performing....why is common sense uncommon around the corridors of power? ![]() |
Louis88: This is what happens when you leave first generation octogenarians to speak on your behalf,the man is so set in his olden days beliefs that he refuses to see the error of his ways,they mistake mediocre ness for criticisms,the ACN governors that are known to spend thriftily on inconsequentials are now complaining because it has come to show me what you have done.but it's not Lai's fault anyway,he normally has to make such utterances so that he can seem to be still relevant in the scheme of thing.and anyway. The esteemed governor of Delta state Dr Uguaghan has come out to say the tour was unanimously agreed upon by all the governors regardless of party affiliations.Esteemed governor of Delta State abi? When US government want to know what other countries are doing, do they organize a road show? Seriously, what is the essence? Good work speaks for itself, u don't need a road show for you to know when ur taps is running or to know if u have electric power or good roads...enough of senselessness in government, Maku should return to base and learn how Ministers in developed countries work...or he should showcase the achievements of his boss. |
No wonder Nigeria is where she is today! Imagine the kind of wickedness coated with stu.pidity and selfishness that that past leaders vomit. ***where did she source the funds she 'judiciously' appropriated in her uneventful and uninpiring stay in government? Shooorrr!!! If we adopt true federalism, all the federating units of this our so-called federation would concerntrate where they have comparative advantage, won't Nigeria be better? Common sense is becoming very uncommon...especially where a woman allows the sun to have direct contact with her brain. |
Message delivered! |
Kamardiran: its unfortunate d way people reason,cant we just address d main issue here? Why would someone somewhere in his right sense want to provoke a particular set of people with different religious belief frm his by writing an article or a play/cartoon dat portrays dat person's PROPHET or RELIGION in bad light ? Itz a case of wahala dey sleep,yanga go wake am..........think people!!!!!!!!Wetin this one deyy talk sef? Why do u go after the individual that provoked you instead of killing another innocent harmless individual going about his legitimate business? If your dad is kill where he is working just because an Imam said something, would u be happy? Abegi! Una never hala! If you think your reaction is justified, go into United States of America to protest violently...if not, shame unto you and all you stand for! You just allow inherent criminality to be unleashed! |
Nothing is done for free...they want their share. Well, I don't have facts...please don't quote me. Meanwhile, we need something like this in our law books...u rig election for example, u returns every kobo u receive as allowance and salaries...u can't be allowed to enjoy the benefits of ur crime. Let is permeate all areas, nobody should be allowed to enjoy the benefits of the crime he committed. This is fair imo |
Wow...an update please, for the front page. |
Na wa oooooo |
In other words...the services of Dr. Doyin Okupe are nolonger required. ![]() |
Ile-Ife:Let his lovers show him...we would gladly applaud him if he performs but if not....hmmm |
COOLDUN: As long as people like.AGUIYI IRONSI,YAKUBU GOWON,MURTALA MUHAMED,OBJ,BUHARI,IBB,E.SHONEKON,ABACHA,and ABDUL SALAM ABUBAKAR are addressed as ex presidents and heads of states of Nigeria,then Dr Chris Ngige is justified to be addressed as the ex governor. He was an ex governor by the constitution of the Federal Republic of Nigeria. Take your sermon to Equatorial Guinea pls,or Mauritania. ![]() |
Wow....where is the guy? Where is the source of this story? Let's see pictures .... |
****Was Ngige's regime not illegal? Someone that stole the people's mandate...why do they still refer to him as a former governor? His performance in a position he got into through the back door is no justification for such respect IMO. |


