₦airaland Forum

win2kwire:
Nothing more than Northern soliders refusing to accept Osinbajo if Buhari does not survive.

Simple!!!

This is just the problem. Northern politicians are also scared that Osibanjo may pull a GEJ stunt if anything happens to PMB and contest in 2019.

That's why you see Junaid Mohammed issuing all kinds of statements. Now bet me by ending of 2017 and if Buhari is still not back, North will start issuing threats of making Nigeria ungovernable.

That's a good one from the Senate.

It would've been better if foreign and neutral pathologists were used.

The Adeleke family and people of Ede are suspecting an APC leader of killing their son/leader and you bring pathologists from LAUTECH to perform autopsy? Civil servants that are collecting salary from APC government.

I don't like that Amaechi is present in that meeting.

I guess it's about Niger Delta.

Osibanjo shouldn't allow the devil to use him. What ever advice that's coming from Amaechi about the Niger Delta should be discarded.

There's relative peace in the Niger delta as a result we're pumping/exporting more oil now and CBN now has enough ammunitions to stabilise the naira. Osibanjo shouldn't agree to anything that'll tamper with this peace biko.

jconsulting:
Bros Olugbo has sniff this tin again, so Oduduwa actually met you in Ile-Ife , when you are speaking in thunder I see but you decided to go and settle in Olugbo ,bros just becos you have small change for pocket is making you saying all these trash, the other day Oluwo of Iwo (yahoo boy) too said he is the most senior in Yoruba land......

But why are they not saying all these nonsense when Ooni resa, Okunade Sijuwade Olubuse jigbini bi ate akun was around . Ooni OJaja please just forgive them for they know not what they are saying.

Maybe its because this new Ooni seems to have neglected the gods of his ancestors. I heard he goes to church.

Can someone please share this Oba's historical account here?

Or any online link to his story?

Thanks

fiizznation:
Sule lamido is only popular in jigawa state. I must admit, he have a cult followership over there. Outside jigawa state, nobody cares about the looter and his bandwagon of looters.

And I clearly understand why his people admire him. Let's say he really 'worked' so hard when he was their governor. El-rufai is more popular than Sule lamido in the north and Nigeria at large.

I'm told that the only man more popular than Lamido in the north is Kwankwaso.

freshinko:
Parasites (NORTH) now sees restructuring as treason. Mere mention restructuring sends massive shock down their spine. The day of restructuring near, if they like let them pee in their boxers.

Unfortunately for them we're already restructuring before their own eyes.

Amaechi wants to concession our railways to GE. Soon private companies, State govts and individuals will start constructing rail lines.

Fashola wants to give back Lagos - Ibadan express road to Bi-courtney ( I saw it online last night). Soon other regions will start demanding that there own roads be concessioned to private companies. Eg Enugu - Onitsha Express road.

Hadiza just recently moved against the monopoly of Intel in oil logistics business. Soon this move will cause other hitherto moribund seaports in the Niger delta to be active.

Kachikwu is talking about modular refineries springing up in Niger delta (hopefully, Dangote and co won't move against it).

However, we must complete it by restructuring our system (Constitution).

One thing Northern elders don't know is that the age of high oil prices is long gone. Apart from Shale, USA now has a businessman as President. Trump will give executive orders to drill every oil well in USA and he doesn't give a damn about environment or climate change. Soon USA will get to 10m barrels per day.

Nigeria needs an investment of $30 billion every year in our infrastructures, we don't have the money and we can't borrow. Already according to economists for every $1 we make, we use 66cents to service our debts and the remaining 34cents will be used for both capital and recurrent expenditures.

The only way Nigeria can be developed is by opening up the economy and making Nigeria business friendly.

The only way we can achieve that is by restructuring.

Without restructuring, we are screwed as a nation.

I love this write up.

Igbos need more of such editorials both online and offline. Ohaneze should flood all media outlets with editorials like this.

Let the discussion begin.

5% of the after tax profit will be dedicated to the community.

This is what i love most about this project.

Look at what childish E-Tribal war has turned this thread to.

It has succeeded in distracting NLs.

Nairalanders, be not deceived. That letter was a carefully worded letter.

Except someone goes to Supreme Court for an interpretation, Osibanjo is not Ag President before the cabal and Buratai COAS ( Very important post).

The cabal just made Osibanjo impotent and Osibanjo knows this.

Another thing that can reaffirm Osibanjo's powers as Ag President will be for Minna to convene another meeting and curtail the powers of this cabal.

Again let's imagine if this was GEJ's family.

This thread would've gotten to page 10 under 10 minutes

4peace:
KARMA is really a b1tch.


Whatever you sow, you shall reap.

How I which you guys know this man a little bit,

Most of you would have destroyed some of his property.

That is how most of them are.

Dangote is a bad man.

Otedola is not a nice person.

So also is Arthur Eze.

JD Rocketfeller was a very shrewd businessman.

That's how the system works.

If you really want to be successful businessman especially in our clime, you have got to have to be known as a very bad man.

Gospel truth

I wonder why Buhari forgot Buba Galadima?

This man is a staunch Buharian.

It's still a mystery.

He had this leg injury during the civil war. I guess age has aggravated it.

I'll health is not what you wish even your worst enemies.

God will keep us alive till 2019. I just pray I'll remember this thread by then.

I want to see how 100 million naira will dredge river Niger.

Fellow Nigerians, they have started with nice awwwwish pics.

Shine your eyes.

Those who know knows why we're seeing these pics.

I say again, shine your eyes

I apologise for this long post.

But if you can please read it.

This is why we must restructure Nigeria.

Any Presidential aspirant that isn't talking about restructuring shouldn't be voted into power 2019.

What went wrong in the agriculture sector in Nigeria?

In the year 2013 , Indonesia made $19b from exporting palm oil, this is more than the entire 2014 budgets of the South East, South South and Ondo (crude oil states) combined
(South South N1,981trn, South East N619bn, Ondo N162bn)
How is this even possible?
In 1832, 75% of the global palm oil export came from Nigeria. Between 1961 and 1965 world oil palm production was 1.5 million tons, with Nigeria accounting for 43% of that production. Today, Nigeria, ranks behind Malaysia and Indonesia accounting for only 7% of world palm oil production. It’s important to add that Malaysia and Indonesia are also oil producing nations, yes they have crude oilBy 1960, Nigeria was the World’s largest exporter of shelled groundnuts, with a 40% global market share, today we have 0% market share. Groundnuts were special to Nigeria, between 1956 and 1967, Groundnuts was one of Nigeria’s most valuable export crop, and there were groundnut pyramids in Kano, now all gone. To be specific, groundnut exports fell from 502,000 tons in 1961 to 291,000 tons in 1970 to zero by 1980….

So why did the groundnut pyramid disappear from Nigeria? Sure there was Aflatoxin contamination that affected the groundnut exports. So why did the Northern region not just fumigate and fix the contamination? Why did it just allow exports cease?
Why has agriculture collapsed? Well everyone says crude oil, but it’s not just crude oil, it’s the way we have structured our fiscal federalism.
I explain.
Below is the progression of fiscal allocation formula.

1953 Sir Louis Chick: The penultimate revenue allocation formula for Nigeria was done by Sir Louis Chick. His formula was presented and unanimously agreed at the 1953 constitutional conference in London. It was basic, it read “all mining taxes will be collected federally, distributed based on derivation, same for income taxes”.

To be clear, it was income tax, mining rent & royalty to be collected and shared 100% to states based on derivation. Federal government got 0%. The minerals at this time was Tin, Columbite and Coal.

Export duties was 50% to state of origin of export, 50% to federal government….

1958 Raisman; Commissioner Raisman amended Sir Chick formula. He slashed the 100% derivation to states to 50%…thus Mining rights was now 50% to state of origin by derivation. Of the other 50%…20% was given to the Federal Government and 30% was again pooled into the “Distributable Pool” and shared by all four regions again, in this formula… North 40%, East 31%, West 24%, and Southern Cameroon 5%.

Export duties was 100% to state of origin

1963 constitution….this followed the 1958 Raisman allocation, in summary it remained, mining rights for oil producing regions 67.4%, Federal Government 20%, non-oil regions 12.6%

Export duties maintained at 100% of state of origin

1970 Decree no 13, the Military steps in, the states lose fiscal autonomy, maintain derivation. The Distributable pool was gone, the Oil producing states lost 5% of their derivation percentage. The new formula was now…mining rights for oil producing states, 45%, Federal Government 55%

1975, Decree 6: the military further reduced derivation to 20%, thus mining rights to oil producing states….20%, Federal Government 80%

1977, Aboyade Commission. The Military created the Federation Account. Derivation abolished. Thus mineral rights to oil producing states 0%, Federal Government 100%.

Export duties now 0% to state of origin

Thus in 13 years, Nigeria went from state share of mineral rights at 67% to 0%, and took states share of export proceeds from 100% to 0%

There remains NO incentive for State Government to encourage agriculture. States own the land, Where the land is commercially farmed, the companies pay incomes taxes to the FGN, when the cash crops are exported, export duty is paid to the FGN. The states were left with nothing. The States receive a share of these taxes via Consolidated Revenue Fund, but not according to derivation). It was during this period when the States lost the right of fiscal federalism that commercial agriculture crashed in Nigeria.

When the Federal Government took the crude oil and non oil export proceeds revenues what did they do with it? The FGN shared it back to the States and Local Government according to a formula. States got on average 32%, Federal 47%, LGAs 15% (*note there are statutory transfers to Ecology, Agric development etc )

Export taxes remains 0% to States as derivation, Company income taxes remain 0% accrued to states as derivation…..This means states do not retain as revenue to their budgets the export duties on cash crops produced in their States.

But that is not the whole story….

That 31% the FGN shares to states, is it shared equally? NO how is it shared? That’s called the horizontal revenue allocation formula. The key sharing heads are

1. Equality 45%,

2. Population 25%

3. Land mass 5%



Lets pause here

What this means is that just being a State in the Federation with a high population guarantees any State 65% of the allocation to States from the Federation purse ….

The FGN took the mineral and non-oil export earning to an central account, retained 47% of that account, then returned 51% to the States and LGAs but determined it will be shared out based on“equality” and “population”… not derivation, ie where the income was generated.
Thus all States now focused on their population figure, not agriculture. Any attempt by the National Population Commission to discuss population shifts is met with stiff resistance and with good reason too, population and “equality” not exports or derivation determine how states receive revenues from the 51% allocation. That is why a state can violate the constitution and conduct her own census…it’s that serious.

Palm Oil for instance can be farmed in 24 states in Nigeria including Southern Kaduna specifically in Abia, Akwa Ibom, Cross River, Rivers, Bayelsa, Imo, Anambra, Ebonyi, Enugu, Delta, Edo, Ondo, Ogun, Osun, Oyo, Ekiti, Benue Kwara, Kogi, Nasarawa, Plateau, Taraba, Adamawa and Kaduna…….but why bother planting palm oil? It’s much easier to lobby the National Population Commission for a high population count.
As States in Nigeria started to receive a greater percentage of their income from the federal government, they stopped farming. And you can’t blame them. If groundnuts export revenues still went to Kano State 100% via derivation, there would still be groundnut pyramids in Kano today, but Kano lost the export proceeds funds to FAAC, thus no incentive to plant groundnuts.

Same for Abia State, as they lost the oil palm export proceeds to FAAC, they then put their eyes squarely on “Abuja”
Is there a suggestion that we unhook states from crude oil funded FAAC and push them to farming? By giving them 100% of their export proceeds from their agriculture cash crops? YES

To fix agriculture we must fix the incentive process. If States retained even 13% derivation on income taxes and export duties on agricultural produce, they would see the incentive to attract companies to come to their States and push non oil exports. If we had left the derivation to states at 100%, then every state today would be viable.

The problem with agriculture in Nigeria is not crude oil, but our faulty fiscal federalism (FAAC)….

So what should Nigeria do?

We reward what you want to improve, if you want safer drivers you reward drivers with zero car scratches. Return back to the States the fiscal principle of derivation on agricultural exports. That will mean states can see a direct relationship between farming and IGR and this will spur investment in agriculture. Governors will seek out agriculture investors the same way and vigor they seek out Shoprite Malls.

Derivation on agriculture is also fair. All states have land, all states can farm, agriculture is still a major contributor to our GDP growth, and it still employs millions of Nigerians in every state. A fiscal amendment to give states 100% export earning can have two massive impacts

In the short term, it makes agriculture attractive in the long term it makes all states fiscally viable.

So agree to increase derivation on agricultural exports from state of origin back to 100%.

It’s our problem, we can fix it.

I just saw Obanikoro.

Maybe Musuliu Obanikoro ex minister is a descendant of this Obanikoro a Bini Chief that was sent by Oba of Bini to help Prince Ado.

Nice history.

I'm tired.

I feel like crying.

Upon say my ride dey drink fuel well, this people come dey cheat on top am.

I am bookmarkin this thread. I suggest every car owner to do same.

Infact copy this thread and spread it to every WhatsApp group,Instagram, FB, etc.

I'm so angry now

Fellow Nigerians these are the Principalities and powers.

Then Buhari's illness is very serious.

Maybe they're now shopping for a VP from north with 2019 elections in mind ofcourse.

GEJ is a hero.

Lets imagine what could've happened if he didn't concede defeat.

Fulani herdsmen terrorists who are in almost all the bushes in every state would've taken us unawares and unleashed an unspeakable genocide innocent citizens.

Mass killings of Christians in the north.

And of course a highly motivated Boko Haram.

Even with all these scenario, average Nigeria politician wouldn't have agreed to step down. Lemme just name a few Niger Delta politicians.

Peter Odili won't step down

Ibori will simply move Aso Rock from Abuja to Oghara. Will rule from there.

I can swear that Amaechi won't step down even if you tell him that Fulani have besieged Ubima.

Or is it Wike? That one won't step down even if Obama threatens to send 1000 F-35's to bomb Nigeria out of existence.

An average Niger Deltan will see it as an opportunity to divide Nigeria.

NgeneUkwenu:
Arewa PDP Peace Coalition

These Jonathan/PDP Sponsored Arewa Corrupt Forums, Should Advise The Ineffectual Buffoon, Shown Below , To Return Our Common Patrimony, He and His Gang Stashed away In Burial Grounds and Overseas....Otherwise, He Will Never Know Peace.

2019 is fast approaching and some northern politicians are already distancing themselves from PMB.

This is not GEJ handwork, he's too gentle to ruffle feathers. You can look towards Elrufai, Lamido, Atiku, Dankwambo, and any other Northerner that has presidential ambition.

PMB is very sick and this has made 2019 election politics to start 2 years early.

I'm not understanding. How does he want Nigeria to help Fulani herdsmen?

For the love of God, we're trying to use our scarce resources to build ranches for foreigners that don't pay taxes. How many of these herdsmen are Nigerians?

You see why Nigeria must be restructured? This man is saying that we should use Niger delta oil and tax collected from all the states (Lagos with highest contribution) to take care of ONE TRIBE & Their Kin from all over West Africa.

I sur that if states had state police, the armed group of the Fulani wouldn't be causing problems in Nigeria.
It's either we restructure this country now or we go our separate ways biko.

But there's a new challenge.

Supersports has stopped live broadcast of our matches.

Which top TV station will replace them and when?

Live broadcast of our matches made our referees to be respecting themselves.

Last season an official of Rangers told me how the state commissioner lobbied (begged) Supersports to come and broadcast live match between MFM Vs RANGERS as against showing another match because they had an info that Rivers United would send their officials to try and influence the officiating of the match. And it happened that on that day a top official of Rivers United was in the stadium (Lagos) that day.

Match ended 1-2 in favour of Rangers and it was shown live by Supersports.

OPEC is betting against innovation (technology). No one has ever done that and succeded.

USA will simply open up more Shale oil fields and we'll be back to status quo

Nigerians our politicians want to use your pension money to build "Infrastructures". We know our politicians can never be trusted with public money.

Few weeks ago someone on twitter predicted that the woman will be sacked because she rejected that proposal. Right now she's been sacked and told to hand over immediately to her successor.

I don't know why she refused giving up her seat. But as someone explained maybe she needed time to prepare hand over notes of a parastatal like Pencom.

Nigeria politicians are special breed. We should not trust them with our pensions. If they really want infrastructural development, let them pass enabling laws to concession our roads, railways and airports to reputable foreign companies with years of experience.

A united Nigeria hasn't made progress since 1970 because of our system of government.

Like someone said on twitter no country has ever shared it's way into prosperity. Since 1970, our leaders have not been able to make all parts of the country productive because every month all the state governors gather in Abuja to collect money. No incentive to work hard and be independent.

I'm for A UNITED RESTRUCTURED NIGERIA. A country practicing true federalism. If we can't restructure Nigeria then by all means less divide into Biafra, oduduwa, Niger delt, Arew, etc.

IgboLoyalist:
I also want to add, indolence to establish manufacturing firms here. All of our commodities are imported, thus making our currency remarkably weak in the international market. If you truly believe in "one-Nigeria", I suggest doing something as opposed to writing rubbish, because we are headed to what Venezuela has become now.

Then our govt must give us power. We'll be paying lip service to manufacturing and industrialisation without power.

Also add good roads too

So asking for restructuring is fanning the embers of disunity? That Nigeria is bad is because of this his age mates that have refused to let go of power and have stupidly refused to educate the masses in core north.

Restructuring is the only way for Nigeria to remain 1 when oil becomes cheaper than pure water. Give or take we have 15 years max to prepare for that disaster.

Our system depends on oil and once oil becomes very cheap, then that's the end of Nigeria. We either choose restructuring or a violent end to Nigeria.