₦airaland Forum

Little wonder we have a negative balance of payment. Our import is greater than our export. No Country can survive with a consistent negative bal of payment. its just a matter of time. Make our leaders shine their eyes oooo. whatever they sow, they shall surely reap!

Cheiii these guys are wise oo to have gone to China,(i mean Yakubu and Drogba). Na so dem go dey score as if na dem invent football. Chinese height is a great disadvantage. im sure they will score more with their Heads than scoring goals with their legs. Smart guys!!!!!

Sahara Reporters has just learned that around 2 pm in Maiduguri, a suicide bomber attack has hit the palace of the Shehu of Borno State Alhaji Umar Garbai Abba Kyari. It is unclear at this time if there are any casualties. The area has been cordoned off by army officials. More details to come.

egift: When I read the title I knew another patient has left Yaba Left prematurely. Anyway lets offer some therapy to your ignorance before the paramedics arrive and haul you bard to you ward.

Pastor Tunde Bakare has every right and responsibility as a Servant of God, a Nigerian, Elder, Lawyer, Father and a Human - to speak against the negativities that is being mated against the good/helpless Nigerians. Sadly the crumbs you are getting from JonaSambo or the hope that it will soon be your turn to steal is blinding you to reality.

Question: Is everything ok with Nigeria? - If NO, then start today (and like Bakare) call attention to those things that are not proper. So that this great nation can stop drowning.

But if you can do a thing, stop insulting those who dare to try. It makes you look pathetic.

May God bless you real good. If not for God that has been protecting him, im sure they wuld have killed him BUT for God. We need more of Bakares, a fearless and blunt person to checkmate these vagabonds n rogues in power. May God continue to strenghten and protect you Pastor.

After pocketing a princely N345.3 million and failing to supply petroleum products, Aig-Imoukhede is rewarded with appointments to probe himself and his accomplices.

Chairman of the special committee appointed by President Goodluck Jonathan to verify and reconcile the records of payments on fuel subsidy, Aigboje Aig-Imoukhuede, owns a company that received millions of Naira in subsidy payments for products it allegedly failed to deliver.

Detailed company searches by an Abuja-based non-governmental organisation (NGO), Youth Alliance Against Fuel Subsidy Removal, revealed that Mr. Aig-Imoukhuede, who is the Group Managing Director, Access Bank Plc, also owns Ice Energy Petroleum Trading Limited, which allegedly received $2,131,166.32 in hard currency (about N345.3 million) in 2011.

It is not clear whether the company delivered the product for which it was paid but the House committee believe it did not.

The defunct Farouk Lawan-led House of Representative Committee had, in its report, queried the company for receiving payment when no petroleum products were imported and supplied.

Ice Energy was one of the 45 companies invited to appear before the probe committee, but which failed to either honour the invitation or submit documents concerning their involvement in the monumental fraud that attended the subsidy scheme.

Findings by Youth Alliance at the Corporate Affairs Commission (CAC), and made available to PREMIUM TIMES, show that Mr. Aig-Imoukhuede heads the three-man board of Ice Energy, which has Iroche Chuks, as managing director, and Aikhionbare Sam, as member.

Asking Aig-Imoukhuede to probe self and accomplices

Following the shocking revelation in the report of the House of Representatives Committee that fuel subsidy payment, for which about N245billion was appropriated in the 2011 budget, had suddenly spiralled to over N2.6 trillion (over 2,200 per cent) as at December last year, the Minister of Finance and Coordinating Minister for the Economy, Ngozi Okonjo-Iweala, constituted a Technical Committee on review of Fuel Subsidy Payments, and appointed Mr. Aig-Imuokhuede as its head.

It is not clear if the ministry was aware of Mr. Aig-Imuokhuede’s involvement with Ice Energy before appointing him to the committee, which was mandated to verify, ascertain and reconcile discrepancies related to all subsidy arrears payments to petroleum products marketers.

Following the completion of the assignment, President Jonathan, apparently glossing over the indictment and complicity of Mr. Aig-Imuokhuede’s company in the fuel subsidy scandal, last Thursday re-appointed him to head another 15-man committee to further verify and reconcile all claims made in the report of the Technical Committee he led.

The president requested the new committee “to properly identify all cases of overpayments and/or irregular payments; to accurately identify all likely fraudulent cases for criminal investigations, and to review any other pertinent issues that may arise from its work and make appropriate recommendations.”

Mr. Jonathan’s decision to appoint the Access Bank’s MD to lead such an important committee, observers say, underlines the administration’s reluctance to act appropriately on the report of the House committee, which uncovered monumental fraud in the fuel subsidy regime.

When PREMIUM TIMES sought to know from the president’s spokesperson, Reuben Abati, whether the president was aware that Mr. Aig-Imokhuoede also benefited from the fuel subsidy payments he was asked to verify, his response was a question: "Are you sure?"

When our reporter answered in the affirmative, he continued, "If that is the case, the question to ask is: Is his company guilty of any wrongdoing?"

When he was asked whether that did not amount to asking the Access Bank’s managing director to probe himself over the scam, "Mr Abati said "No" pointing out that “it would only amount to asking an insider to do an inside investigation."

Mr. Abati, who promised to get more information, and revert to our reporter, never did by the time this report was published Monday morning.

Putting faces to ‘subsidy marketers’

Youth Alliance Against Fuel Subsidy Removal said it conducted the search on the indicted companies to “put a face to the indicted companies, to let Nigerians know exactly who took their money and then formed a cabal stronger than the government.”

Before announcing the removal of subsidy on petroleum products in January this year, one of the reasons President Jonathan gave was that a few Nigerians, who had since constituted themselves into a “cabal”, were enjoying the fuel subsidy largesse.

Up till last April, when the House of Representatives Committee released its probe report, the companies and individuals that benefited from the subsidy regime were largely unknown.

But extensive searches by the youth group at the CAC appear to have exposed some of the individuals behind the crook companies as well as the make-up of the faceless ‘cabal’.

“Mr Aig-Imuokhuede is not the only government apologist who belong to this ‘cabal”, a spokesperson for the group said in a statement at the weekend.

Like Aig-Imuokhuede like General Abdulsalami Abubakar

Other beneficiaries of the subsidy scheme revealed by the searches include former Head of State, Abdulsalami Abubakar, who owns Maizube Petroleum, which was listed in the House of Representatives report as one of the 45 companies fingered by the Federal Inland Revenue Service (FIRS) for benefitting from the subsidy payment but failing to pay tax.

Maizube Petroleum, which was invited to appear before the probe committee, never showed up to answer questions, though it sent documents.

The report also said Maizube Petroleum should be compelled to refund the about N5.51billion it collected as subsidy for millions of litres of petroleum products it claimed to have imported but which could not be verified.

The House probe report also indicted the company for discrepancies in volume claims and dates of discharge it claimed it made between 2010 and 2011.

The former head of state, widely celebrated as one who facilitated the birth of the current democracy after he voluntarily handed over power to former President Olusegun Obasanjo in 1999, sits on the Board of Maizube Petroleum with Abubakar Isa A, and Abubakar Aminu A.

Fola Adeola too

Another member of the cabal is the running mate to Nuhu Ribadu in the 2011 presidential election under the Action Congress of Nigeria platform, Fola Adeola, who is also the co-founder of Guaranty Trust Bank Plc

Mr. Adeola, according to CAC records, sits on the board of Eterna Oil Plc, listed in the subsidy report as one of the companies indicted for tax evasion.

After details emerged that Farouk Lawan, chairman of the House Subsidy Committee, received $620,000 bribe from oil marketer Femi Otedola to clear his company, Zenon Oil, Mr. Adeola campaigned vigorously that government should set the report aside.

“If the allegation is proven, the report is contaminated. Period! We need to get to grips with this” Mr Adeola tweeted on June 12 via his Twitter handle @tfolaadeola.

More details

Out of the 74 companies indicted in the report, only 48 were properly registered with the CAC.

http://www.premiumtimesng.com/docs_download/CAC%20Search.pdf

SOURCE: PREMIUM TIMES

I know of a couple dat the wife had HIV but the Husband was so lucky to escape. The woman later died of the sickness but the man is still alive as i speak hapilly married to anoda woman with 2 kids (it happened in South Africa). I want to believe this can only be God.

Reading the publication below, I weep for this Country. To even think this was written and signed by a woman, a mother for that matter makes it more appauling and heart-breaking. May God help us in naija o

As anxiety mounts over the safety of the prospective members of the National Youth Service Corps (NYSC) who are preparing for their one year mandatory service, authorities of the scheme insist that corps members will still be deployed throughout the troubled northern States.

The NYSC said today in a statement in Abuja that state governments and the NYSC have put in place “measures to guarantee the security to lives and properties of corps members deployed to camps for the on-going orientation course.”

In the statement, signed by the head of the NYSC’s Press and Public Relations Unit, Mrs. Abosede O. Aderibigbe, only those with “genuine information on either health or marriage” would be considered for redeployment outside the troubled States.

Even then, “Those who have genuine reasons to seek for relocation out of their states of posting, should register first in their states of deployment and then submit application there for consideration,” the statement said.

Mrs. Aderibigbe did not explain what the NYSC means by “guarantee” of security.

Many members of the corps were killed last year in the North in the violence that followed the presidential elections. The federal government never specifically stated the number of those killed, which was thought to be about 20.

[Full text of the statement]:

SAFETY OF 2012 BATCH ‘B’ CORPS MEMBERS GUARRANTEED
This is to inform all 2012 Batch ‘B’ Corps Members and the general public that state governments and the NYSC operators have put in place measures to guarantee the security to lives and properties of corps members deployed to camps for the on-going Orientation course. Prospective corps members should therefore proceed to their respective camps for induction into the noble scheme.

2. However, those who have genuine reasons to seek for relocation out of their states of posting, should register first in their states of deployment and then submit application there for consideration. The two grounds for consideration remain marital (for those who are married) and Health (for those with extreme medical ailments)

3. Please note that no request for change of posting to deployed states will be attended to at the Directorate Headquarters, Abuja as state coordinators have been empowered to attend to Relocation Requests in their states.
4. Thank you

Abosede O. Aderibigbe (Mrs.)
Head: Press and Public Relations Unit
3rd July, 2012.

the industry that used to be the highest employer of labour has suddenly become a shadow of itself. dats what happens when we place politics above competence. i really dont know what Sanusi is still doing as the CBN Governor after destroying dat industry in d name of reforms and personal vendetta. mtchewwwwww

Wowww anoda 5000 ppl sent to d labour market just like dat! Well over 50,000 Bank workers have lost their jobs since Sanusi's selective victimisation/intervention in the Banking Sector. And come to think that some ppl are praising this Boko haram CBN Gov is appaling. His reforms are more counter productive, selective victimisation and playing the scripts of God-fatherism. SLS is a big mistake to this Nation. Technically, he has "killed" the Banking Sector and he is more confused than the Bank Chiefs. I would never imagine that after spending Ntrillion of taxpayers money, that industry would still remain like this. Anyway what do u expect since the targeted banks are sold to sanusis cronies at such a ridiculously low price. Smaller banks suddenly swallowing Bigger banks. Wonders shall never end. there is nothing one will not see in this Naija sef. God hav mercy oooo

And some people will now be wondering why we still have so many Nigerians living abroad!!! the main reason why people prefer to stay in the white man's land is basically bc of SECURITY and CORRUPTION. No where is safe though but its saddening n awful dat life has no meaning again in Naija. the raod is not safe, the air is not safe, sleepin in ur house is a problem, armed robbery attacks evrywhere, Boko haram incessant attacks, and our legislooters headed by Mr President keep loading their pockets with our common sweat....God is watching oooooo

To think that this dumb president's supporters are everywhere on the internet really amuses me. So some people still believe in GEJs transformation agenda?? wonders shall never end. i want to believe the supporters of this administratn are paid agents. so its useless wasting time engaging any1. But its so sure dat a day of reckoning is at hand, let the legislooters continue in what they know how best to do. God, the judge of all shall avenge his people.

When Gods judgement shall come upon these robbers in Govt, it would be a doom's day! Oh God of mercy we are patiently waiting. Pls send the deliverer on time. People are hungry, masses are perishing AND the vagabonds in power care less BUT for their pocket. When they leave the power, their children take over, right from the first republic till date, Naija citizens are being enslaved right in their own land. i know our deliverance is nearer than before. Let the wicked continue in his wickedness, i am coming says the lord of host and my reward is with me to give unto every man according to d works of his hand....on that judgement day of the lord, who shall deliver the wicked??

1. Dont draw a line in the sand bc if ants enter the line ur mama will die.
2. dont pour hot water outside in the day or else u may have fever

Well i dont think there is any1 that leaves in lagos that hasnt had armed robbery exp. personally i can count like 5 to 7 but thank God for his mercies. However there was a particular one dat makes me laff anytime i rember. i was driving towards ikeja (under d bridge) and bc there was a litle trafic d bad boys took over, we started hearing gun shots and evrybody dat was lucky to escape left his/her car on d main road and we all ran for our dear lives. i didnt come out of my hiding place until about 20 mins later. By this time d robbers had disappeared into d thin air and my car was causing serious traffic, pple gathered arnd d car looking for d owner bt they couldnt push it bc it was automatic. Immediately i moved near d car, one guy just shouted "look at d owner....he has finally come" on hearing dat i started running again and they had to pursue me shouting at d top of their voices that they are not armed robbers oooo, d robbers hav gone, pls come and remove ur car so that pple can go....it was at this point i stopped. i always laff at mysef anytime i rember dat scene though not funny then

This topic is quite interesting....the problem with HND in naija is really wt the employers of labour. I would prefer a situation where evrybody is placed on d same level playing ground where u re allowed to prove ur worth. there are bad eggs evrywhere be it HND holders or BSC holders and dat is why i will be forever grateful to banks like Oceanic, Intercontinental, FBN, Wema, Union, UBA and a few others. i remember when i was crossing from Wema to Intercontinetal smtimes in 2007, the panel was really impressed with my performance and out of about 20 candidates (wt probably 2 hnd holders), i got the job. COYS THAT SEE BEYOND DISCRIMATION BUT PLACE EVRYBODY ON THE SAME LEVEL-PLAYING FIELD USUALLY PROGRESS MORE AND FLOURISH BETTER bc it affords them the opportunity to pick the best amongst the best. I usually tell the younger generation to go for Bsc bc the discrimation can be very annoying. It wasnt this obvious in my days or else i wuld hav gone to univ by all means. i remb vividly dat our 1st son got 2 offers then viz economics in UI and accounting in Poly ibadan and went for accounting in poly ibd just bc he wanted to become an accountant. He left banking ETB at d age of 40 as a GM (if u knw what dat means). i hav also had d opportunity to be part of so many panel interviews and i cannot bt shake my heads at some Bsc holders (some hnd holders are equally horrible though), the question is do we still hav quality education in naija? the answ is yes but quite expensive these days.
@OP do u know that some coys will still discriminate against ur Bsc cert just because of ur age? some of my colleagues dat went to babcok uni to upgrade their hnd certs to bsc are finding it difficult to even use it. the quest d employer usually asks is how come u re just obtaining a bsc at 40? So bros just be focused and commit evrythin to God, howevr if u re working pls cont wt ur work and make uur Bsc prgram a part-time. Cheers