₦airaland Forum

I think its a case of gigantism......

lielbree:
Everyone with their own cup of tea. The guy is not mentally unstable. He can make his own choices.
His sis should respect that and keep off their marriage. That's my point.

how are u so sure the woman has not turned the man into a zombie......
because I wonder the kind of husband that will be running domestic errands for his sister-in-law......in the presence of his own sister.
abeg.......that's an unusual scenario.......besides she has no regard for her husband or his family members......
His family has every right to dig deeper.....
That's what family is all about.......having your back, in that moment of vulnerability....

lielbree:
Are u married? Don't criticise what u don't know.
My husband wakes up midnight every night to check on our five kids. He cooks, washes , sweeps and I send him on errands all the time. By the way he is handsome and RICH! He loves house work not that he is trying to pls me it's just in him based on the way he was trained.

so you also send him on errands for your siblings abi..........
tying yams and going to the market for your sister........
and washing car for your brother...........
when your cousins come around, what errand does he perform for those ones.......
bloody hypocrites.
just imagine.......
comparing a family man caring for his own kids to another who's busy running errands for his junior ones.
nonsense.

BraniacX:
I agree with you that we need local and preferably indigenously owned steel foundaries to give our manufacturing sector a jolt of life but frankly speaking, ajaokuta and aladja as they exist today, are not the answers as not only will the government need to protect them from competition, they'll also need to subsidize their operations, raw materials and finished products, and we are not buoyant enough an economy to be able to afford that at this point in time and in the nearest foreseeable future, so ppp new foundaries are our solution and the earlier we put effort into that, the better

I hope u know building new steel plants cost billions of dollars........
And if u're thinking of private investment........sorry, but the present global steel glut doesn't make steel business a profitable venture to warrant such huge investment for now.
There's nothing wrong with the 5 steel mills in this country: ajaokuta, aladja, jos, katsina and osogbo.
All they need is modern facility upgrade, regular maintenance and strong political will to make them work.
The ukranians we are inviting to help us maintain our steel plants has 100 years old steel foundaries still functioning.
Forget IMF, they said the same thing to Egypt and Pakistan, yet these 2 countries are steel producers.
Even if we build new plants, we still need to protect them from chinese cheap steel and people should forget about profit making from local steel production.......that's not just possible for now.

sonnie10:
The aim should not be to live in a fool's paradise. What you have proposed is a situation were through government policies, prices of locally produced commodities are manipulated to keep companies afloat. More like robbing Peter (local consumers) to pay Paul (big local companies). How do you suggest that an Iron steel that is sold for #800 a piece from China should be produced locally and through government policies and regulations, consumers would be forced to buy them for #1500?

You missed the point, this discussion was not about if local production of steel was possible but on whether is was a good idea to continue to waste more money on the current Ajeokuta steel facility. Four different experts have said it is not viable. So there is no need for Nigeria to cry over spilled milk. How do you fix a broken bottled? The consensus here is that the facility is outdated. A good question would have been, then what next?

The simple answer is that Nigeria should go back to the drawing board, they have to start from ground zero. Painful but true.

.

sonnie10 pa1693513: The aim should not be to live in a fool's paradise. What you have proposed is a situation were through government policies, prices of locally produced commodities are manipulated to keep companies afloat. More like robbing Peter (local consumers) to pay Paul (big local companies). How do you suggest that an Iron steel that is sold ufor #800 a piece from China should be produced locally and through government policies and regulations, consumers would be forced to buy them for #1500?

You missed the point, this discussion was not about if local production of steel was possible but on whether is was a good idea to continue to waste more money on the current Ajeokuta steel facility. Four different experts have said it is not viable. So there is no need for Nigeria to cry over spilled milk. How do you fix a broken bottled? The consensus here is that the facility is outdated. A good question would have been, then what next?

The simple answer is that Nigeria should go back to the drawing board, they have to start from ground zero. Painful but true.

What u wrote in the first paragraph is at best ludicrous, pls go and read about import substitution industrialization and strong barrier on imports by east asian nations in the 20th century..............then u will know why countries with the least protectionist measures for local production are the least industrialized.

Pls, go through wallie's post on this thread, the guy really said a lot on this subject.
Production of steel is more of strategic importance to a nation than economic viability.
No steel production, no industrialization, its as simple as that.
Clemzo101 said something like ajaokuta can be automated and besides the technology isn't outdated......
But if for argument sake, we should accept the report on ajaokuta, what about the steel mill in aladja and osogbo that were built recently yet presently comatose.
Production of steel anywhere in the world comes with challenges and it only takes strong willed and determined leaders to get it going, something our leaders lack.
The report submitted to NOI is the same report IMF had been parroting over the last 30 years since the creation of ajaokuta...........so it's nothing new.
They even discouraged us from starting............the reason the contract went to the Russians.
They claim our iron ore is too dirty, thus not ideal for steel production..........but I think that can be easily circumvented by importing from neighboring congo, south africa, or guinea.........rather than killing the noble project.
Since she claimed diversification is inevitable, if nigeria is to emerge as a strong economy, what NOI should have done as the cordinating minister in the previous govt., was to come up with a new and detailed blueprint on steel revitalization in this country(just like they did for PHCN)..........something she never bothered about truout her stay in office.

sharpchap:
NOI's report is just being diplomatic. the equipment in ajaokuta does not match the ore type. it is that simple. it has nothing to do with cost or degree of modernization. the type of iron ore present there is called pisolitic iron ore. the equipment there is for primary ore, so the equipment cannot process that ore. dem just dey use am chop money anyhow una come dey abuse the person wey take style expose dem. ajaokuta can never work with what is available there now. i dont think there is any primary ore in Nigeria. it was just the unbelievable stupidity of the ppl that started the construction, and the wickedness of subsequent administrations that discovered the mistake and perpetuated it in order to wack money.

If that's the case, why don't we simply import the primary iron ore that can work with the equipments......... at least, I know a lot countries that produces steel do not have sufficient iron ore e.g japan, u.k, south korea, pakistan, Indonesia etc........ or its not economically viable to do such?

sonnie10:
Now you have shown that you know little about automation. No one is saying that Ajekuta can not be revamped to produced but the point is, who will buy at the price the steel will be produced? Again, you pointed out the size of administrative building and I ask, at what expense? The production capacity of ajekuta can not sustain those number of offices and homes you mentioned in today's competitive market. Every company in the world is cutting down on numbers of employee by using more efficient means of production. The set up of that facility is not economically viable. In line with international best practices, it would be suicidal to attempt to produce with such obselate equipment/ facility. Which market are you going to sell the expensive steel? Not anywhere on earth because China and Russia steel are too cheap to compete with.

30 years ago, the set up at ajekuta would have been profitable but not in 2016.

Nobody is talking of export here......
The focus is import substitution......
We tried it with cement production and we are successful. Today, Nigeria is self sufficient in cement production, we no longer import.
As at today, the price of everything in Nigeria is going up, yet that of cement is coming down.
We can achieve same success with steel....
Either with ajaokuta or another industrial project.
Look here, unless we start producing steel and fabricating various components from it, we are a long way off from any meaningful industrialization.
Do you know we are the only emerging economy that does not produce steel.
Do you know countries like Pakistan, egypt, vietnam, ukraine, south africa, mexico produce steel.
U guys should stop making it look like its only china and russia that produce steel.
We can do it, all it takes is strong political will, just like we did it for cement.

Segadem:
Empty threat,

it's not an empty threat......
ask the Saudi's how far with the Iranian backed houthi rebels currently causing trouble in neighboring yemen.

tuborme:
Five months ago, i saw what emefiele did not see, Nigeria can not develop until the naira becomes free flowing.

the govt cannot allow naira to be free flowing
if they allow that, the naira will move in only one direction.......downward depreciation of the naira against the dollar
the effect will be inflation spiraling out of control and higher interest rate from banks.
besides the F.G has gone to the international bond market to borrow from foreign lenders......
A weaker naira means larger amount of naira will be needed to service our foreign debts in dollars........
In the 2016 budget presented to the senate, 1.3 trillion naira was set aside for debt servicing.......at $1 to #197
if the naira is devalued to say $1 to #250, we may end up using close to #2 trillion to service our debt.
Moreover, it will be more difficult for F.G to purchase goods and services in the international market if the naira is weaker.
The truth is there's is no easy way..........
we squandered during the time of plenty and we must learn the hard way during the time of scarcity.
we have very few choices

Goshen360:
Not so fast. I'm only helping you people to receive sense and think. ... . If you're building a 100,000 capacity for 500,000 attendees, how does that make sense to the wise? Or you don't think people are reading what you guys are typing? Have you received sense now?

the idea is to reduce the number of services per worship day, thereby reducing traffic flow and congestion on the highway. It will also reduce the workload of workers and pastors in the church who normally stays truout the duration of the 5 services, which are often tedious.

more quotes

The most tiny believer has the potential to be a global citizen and make global impact via the power of dedication.
sustaining your dedication is the only guaranteed assess from glory to glory.
Every true son of a prophet spiritually share his spiritual gene.

more from Papa's message

Redemption not applied is the ark of God not engaged.
confessing the word is not enough, you need to profess the word of faith. 1 Cor 10:
Faith is a living force drawn from living word to produce living proofs.
You are redeemed an overcomer not to be defeated.
1 John 5:4.
when your faith engages with a living word, you have tapped into power to make it happen.
It's not unspiritual to be challenged, but unscriptural to be defeated. 2 Cor 2:14.
Every believers defeat is rooted in ignorance.
You need to engage in the revelation of the truth to triumph.
Don't pity yourself, pity only leave you in the pit.
God delivers our inheritance only through revelation. 2 Peter 1:3.

papa's quote in his message- day4

when we engage according to the rules, our position is bound to change. Luke 7:16.
Nobody can dominate what you don't despise.
The thing dominating us are stronger than us because we permit it. Num 13:27-29.
Over-rating the position of your enemies keep you under them.
If you have majority mentality, you can't dominate.
Redemption has ordained you for domination.


There's no irreversible case with faith.
You can't see his glory without faith. John 11:40.
God has no problem with your problem, he only has problems with your faith.
To grow from faith to faith is to grow from glory to glory.
Every change of story in scriptures is triggered by faith, only men of faith are men of exploit.

the annoying part is that their pronunciation is bad and mastery of the language is poor.
rather than work on acquiring extensive vocabulary skills in order to communicate better, they will be forming fake accent on tv and radio

more quotes from papa's message

papa said he'll live to see Nigeria listed among the most powerful nation on heart.
Divine visitation is of no value without engaging with it.
The children of Israelites celebrated the presence of the ark in their camps but didn't engage with it, thus it did not manifest. 1Samuel 4:4-10.
The ultimate of every revival is the rise of giants in the church. Jer 30:19



-they will be giants not mediocres
-when you accommodate the ark, you create a platform for supernatural blessings. 2 Chr 13:14
-ark bearers will experience financial fortune.

Prophetic prayer: engrace me to be a tireless and excited ark bearer. Gal 6:9
benefits of ark bearers
- they glow from glory to glory and will not lack testimonies.

quotes from Papa's message

shiloh is a mountain of revelation and for taking delivering of your possession. Joshua 18:3.
A lot of things were delivered to us at redemption, but we live without them throughout life. It's only delivered by revelation. 2 Peter 1:3, Acts 20:32.
Anytime you enter into a covenant to serve him, he gives you automatic rest roundabout.
Every challenge in a Christian's heart has an expiry date.
Any challenge that is longcontinuance is a curse and since Christ has redeemed us from the curse, anything that is not for a moment has broken the law of redemption. 2Cor 4:17.

quote from bishop Oyedepo's message- day 2

Matt 6:33 works like fire.
Righteousness is what we do, not what we say. 1 John 3:7
There is no unforgivable sin with God. psalm 66:18-19
If your life is not changing level, you are not in revival.
Going to the house of the Lord is a vital characteristics of a revival.
Every revival attracts men to church.
Divine visitation translates to turnaround testimony.
Every move of God restores the glory of God's people.

Declaration of prophecy: 2 Chronicles 15:12, 13-15; Joel 2:1-9.

quotes from bishop's message- Engaging the wonders of divine visitation day 1

Shiloh is a not an anniversary celebration for winners' members,
Shiloh is not an annual religious gathering for winners' members,
Shiloh is a mountain of answered prayers, a prophetic platform for us to take our deliveries. Deut. 28:1, Gen. 26:14

It's not enough to experience divine visitation but to engage in divine visitation
if you choose to engage throughout the period of Shiloh, your life will be a surprise.
Continous divine engagement is a guarantee for continuous advancement.
Divine engagement is a walk not a wish. John 12:26

We are in the midst of a mighty revival.
Revival happens when men's heart start pounding after God and they are God focused.
To please God is their greatest desire.
They take pleasure in the things of God
Such men never stop making powerful marks and its without sweat.

When God moves, He moves his people. Hbk 3:2, Jer 30:19-21

Every true revival advances the church of Christ. Acts 5:14
Lack of growth in a church/ministry is an evidence of absence of revival.
Every revival delivers people from the dungeon of satan.
Partnership with Jesus is a surety for downfall of demons.

Ioannes:
secession is a legitimate aspiration and I am sure that if the Igbos go about it the right way then they will have it in no distant time.

going the way of that organization is a huge waste of time.

my own suggestion is that they should approach their kinsmen like Joy Ogwu who work in the UN and use such connections to obtain a referendum.

in the meanwhile, they could use their rogue radio station to educate their brothers and sisters on the need to vote a yes when the referendum is conducted, instead of preaching hate, violence and outright lies.

approaching joy ogwu is not the way out.
she has no say or influence in U.N to get them referendum.
biafrans are wasting their time if they keep hoping on U.N to single handedly hand them referendum.
what they need to do is exactly what Scottish did to achieve referendum.
ipob or massob should organize themselves into a political party or promote political platforms whereby they can ensure all political offices in biafran territories are occupied by pro-biafrans.
their governors, senators, HOR members, councillors, house of assembly members etc
then with one voice, they can advocate strongly for referendum with the backing of the electorate that voted them into office.
that's the only way the F.G and other regions can take them seriously and possibly consider their request.

Crownvillar:
I agree with most of what you have written, but the part I don't get is: Why do we have to wait for decentralisation, regional government or true federalism? What is stopping any Governor/State government from diversifying and maximising their own internal income in the present political climate? Is it impossible for the states to create wealth in present day Nigeria?

the truth is the unitary system of government we practice made most unviable and unproductive.
no matter the best intention of any governor, the ability to maximize the full potentials of his state is limited.
nigeria is too centralized.
all crucial economic and fiscal policies emanates from abuja and the states must oblige.
what the governors should demand for is true federalism, let there be devolution of power and allow the governors enjoy some level of autonomy.
telling the governors to increase IGR without the above measures will only lead to burdensome taxation and dubious levies on the people of the states.

mi lady
love with ur brain, not emotions.
if daniel is truly serious about u, he will do something real to keep both of u together permanently.
forget all those tales about ambitions and not yet ready for marriage.
if he meets adenuga daughter today, wedding bells will ring tmrw.
he's simply not into u the way u are into him.
thus the reason for foot dragging.
let no one deceive u, at 27 u need to start thinking about seriously about ur future.
and this is not the time for u to be in a relationship because of hot-blowing sex.
u should be seen with a man who's focused, has shown desire to settle down and has u in his plans.
he should also be ready to introduce u to his relatives and vice-versa.
for a 27 yr old lady in naija, 2 yrs is too long waiting for one man who has not taken any step at all to formalize the relationship.
it is very risky.
u need to sit daniel down and explain things to him.
he has to take a bold step NOW.
not necessarily marriage, but a kind of informal introduction with a defined agreement of how things will progress.
if he truly loves u, he will reconsider his stance.

N.B- u will notice I said nothing about joe.
since u don't love him, there is nothing to talk about.

magicminister:
Its crazy maine.
This current admin has no economic direction.
Nothing!!

The poor and middle class are getting tortured with no mercy.
Gej was weak but atleast I didn't have to worry about waking up one morning and realizing that I can't transac with my debit card outside the country.

Its so embarrassing.

I think u should just quit it.....
if u don't know what's happening to the Nigerian economy, then ask questions.........
not all these ramblings.....
presently, Nigerian economy is in a dire state......
and its seriously bleeding.
it's the consequence of being a mono-economy for a very long time.
even, if GEJ had won, we'll still be in this quagmire....
GEJ practically borrowed money to pay salaries in the latter part of his administration.
so, it has little to do with this present government.

what u're suffering is as a result of this govt effort to prevent foreign reserve depletion and the naira attaining junk status.
Nigerians are known for insatiable consumerism and if left uncontrolled, will wreck the economy.
during the oil boom, it was ok because we had enough dollars to go around and play with......
but at this period of oil glut.....the economy cannot sustain such pattern.
if people are allowed to purchase dollar at will.......
I can assure u, by this time next year.......
there will be nothing left in our foreign reserve...
and dollar will be exchanging for at least #400.
the govt will go bankrupt and the economic team will be left with no choice than to visit either IMF or world bank to beg for financial assistance.
and I can assure u, that's the last thing Nigeria needs right now.
u are complaining now, by the time these people come and implement their draconian fiscal measures......u will be groaning.......
ask Greece.
forget about this so called foreign investors and their dubious ratings.....
they are only interested in putting capitals in stock market for speculations and not in the real sector of the economy.
that's why nobody is taking them serious.

my dear, its a very long road ahead.......
and sorry to say......there's no easy way out.
we're going to pay for our past misdeeds - over dependent on crude oil as main source of revenue and financial recklessness by previous govt.
nobody can predict when this oil crisis will end, the last time it happened, it lasted for 10 years.
this current oil glut may last longer
shale oil is here to stay
there's no way opec will run it out of the market.
Nigeria needs to face up to reality.
buhari is equally not making things easy.....
he's yet to lay down a detailed economic blueprint and long-term fiscal policies that we get us out of this mess.
he's yet to tell us how he intends to stimulate the economy which Nigeria really needs.
his socialist tendencies will not help matters either and someone should advise him to abandon those ideas for now.
nigeria needs to start producing, cut down on spending and create an enabling environment for real foreign investors to come in and thrive.
that's the only way there will be less pressure on the naira and people like the op can then enjoy unlimited assess to the dollar.

Bluetooth2:
Someone committed murder in 1974 and another person brings it up 41 years later and you think justice shouldn't be served because the accused became a christain or a celebrity pastor ?


www.nairaland.com/attachments/3132261_img20151129170521_jpeg4d352004747874f5541f512104e7dfc5

Funny how supposedly "sane" people call her insane simply because she's making an allegation against their small god without even looking at the allegation of murder brought up against him. No wonder everything is wrong with that shiithole of a country !

Yes she's a psychopath and needs help but that doesn't diminish the allegation against Adeboye and the Nigerian Police should investigate this murder allegation against him.

#Nobodyisabovethelaw

so, for ur mind.....
someone came online and posted allegations against another person.....without any form of evidence
and u expect us to believe such....
just because the accusation is against a man of God....
knowing fully well that the accuser is a cocaine addict......
is that how law enforcement officers prosecute criminals in the country u reside.....
basing their evidence on what people post on social media.....
because u talk am now, u say Nigeria is sh*thole because police never arrest adeboye
hmmmm....
the way some people reason.....

D5000y:
IPOB come in here your state has been mentioned. End time people

have u been to other states to see how un-poor they are.
nigeria as a nation is a cesspool of poverty, with a poverty of 70%.
thus poverty cuts across all states in the country.

don't ever give in to his antics.....
no matter the pressure.......
he already has lots of issues on his hands already.
a man that can crash his marriage within a year because of all those flimsy excuse u wrote up there.....is simply not ready for marriage.
he's simply an opportunist or a gold-digger.
if u're in a relationship, talk ur man and encourage him to speed things up........
at least....an introduction will do.
then ur ex will let u be.
don't even think of killing him....
the low-lifer is not worth ur trouble.
and please...cut off all forms of communication,
u can start by getting a new number



why did u go to his wedding if I may ask....
that was unnecessary......
u probably sent the wrong message by doing that.

When Muhammadu Buhari clinched victory in Nigeria’s presidential elections in March, stocks soared as investors looked to the former military ruler to reverse decades of economic mismanagement and policy inertia. Now hopes have fizzled in his ability to turn around Africa’s largest economy and oil producer.

Money that flowed into stocks and bonds in the West African nation, which McKinsey & Co. says could become one of the world’s 20 biggest economies by 2030, is now fleeing as growth prospects diminish along with oil prices. While Buhari, 72, has prioritized stamping out the graft that has plagued Nigeria since independence from Britain in 1960, policy-making appears as uncertain and haphazard as ever.

“After the initial euphoria, people have become disillusioned,” Ayodele Salami, who oversees about $500 million of African equities as chief investment officer of London-based Duet Asset Management Ltd., said by phone. “He would probably say that he’s being deliberative and cautious. But we expected more.” Duet’s Africa fund has cut its investments in the country to about 24 percent of the total from 38 percent in the last year.




Buhari waited five months before naming his cabinet, hasn’t proposed a clear plan to revive growth and backed foreign-exchange controls aimed at defending the naira. His retention of gasoline subsidies, plans to raise spending in the face of declining revenue and silence about a $5.2 billion fine levied on mobile-phone operator MTN Group Ltd. have added to investor unease.

Nigeria’s benchmark stock index has plunged 22 percent since reaching a year-high on April 2, the day after Buhari was declared the winner of the presidential race against incumbent Goodluck Jonathan. That’s the third-worst performance globally in the period, after the bourses in Ukraine and Egypt. The index advanced 12.5 percent in the two days after Jonathan conceded.

è
To be sure, Buhari inherited depleted government coffers and a bureaucracy that multiple probes have blamed for looting billions of dollars of oil revenue. The president has said he delayed appointing ministers because he needed time to vet suitable candidates.

Garba Shehu, a spokesman for Buhari, didn’t immediately respond to written questions after requesting they be sent that way.




The hiatus has compounded the pain caused by the slide in the price of crude, which accounts for two-thirds of government revenue and 90 percent of export earnings. Growth, which averaged 6.3 percent annually over the past decade, is set to slow to a 16-year low of 3.3 percent this year, according to the median estimate of 15 economists surveyed by Bloomberg.

Many filling stations ran dry this month as the government withheld fuel subsidies to suppliers, preventing them from restocking. Lengthening lines forced Buhari to ask lawmakers for permission to pay 413 billion naira ($2 billion) in overdue payments, an amount that hadn’t been budgeted for.

While next year’s budget has yet to be finalized, Buhari wants to raise spending by 56 percent, according to a person who attended a briefing on the government’s plans and asked not to be identified because the matter is private. Vice President Yemi Osinbajo says the government plans to spend its way out of a slowing economy and that an infrastructure fund will be created with public and private financing.

è
The penalty imposed on MTN’s Nigeria unit last month for failing to register about 5 million subscribers may be an attempt to plug the hole in government finances, according to Cobus de Hart, an economist at NKC Independent Economists.

“You cannot deny there might be a fiscal element to the massive fine,” he said by phone from Paarl, near Cape Town. “It will make investors a little bit more wary of investing in Nigeria.”

An even bigger concern for many investors is the authorities’ naira policy. The Central Bank of Nigeria, with Buhari’s backing, has burned through $4.3 billion of reserves this year and choked off supply of foreign exchange to banks and their customers to defend the naira, even as major oil exporters such as Russia and Colombia have let their currencies slide. The restrictions prompted JPMorgan Chase & Co. to remove Nigeria from its local-currency emerging-market bond indexes, tracked by more than $200 billion of funds, in September, triggering a selloff in the nations’ assets.

While the naira has been all but fixed at about 198 to 199 per dollar since March, forward prices suggest it will drop by almost one-fifth, to 243.5, in a year.

è
“The number-one issue is the exchange rate,” Andrew Howell, a Citigroup Inc. frontier markets strategist, said from Lagos. ”Access to foreign exchange is becoming a widespread problem.”

Nigerian Breweries Plc, the nation’s biggest brewer that’s controlled by Heineken NV, said it takes two weeks to obtain dollars to pay for its imports, twice as long as it required a few months ago. Nestle SA’s Nigerian unit has had to wait six weeks for dollars, according to Renaissance Capital Ltd. analysts.

“We have had an underweight position in Nigeria since before the election,” Johan Steyn, a fund manager at Prescient Investment Management in Cape Town, said by phone. “Until we see the depreciation of the naira toward a more sustainable level, we are hesitant to add to that position.”

Buhari has won plaudits from leaders including President Barack Obama for his efforts to tackle graft. He replaced the management of the state oil company, which was accused of withholding billions of dollars from the government, and has stepped up the fight against an insurgency being waged by Islamist group Boko Haram.

“The degree of transparency we’re starting to get with the new administration is hugely positive,” Douglas Rowlings, an analyst at Moody’s Investors Service, said in an interview in Lagos. “It gives investors the perception that operating in Nigeria will now be done following proper procedures.”

Jan Dehn, head of research at Ashmore Group Plc, which oversees almost $60 billion of emerging market assets, remains unconvinced that Buhari is up to the job. The fund manager sold all its Nigerian government debt in the past year.

“So far the Buhari administration has done all the wrong things,” Dehn said by phone from London. “Not only has he been incredibly slow in taking any action, when he finally has taken action on the economic front it’s been diametrically opposed to sensible policy. That is a major disappointment given expectations prior to his election.”

Bollinger:
Like is said, if you really played the game, you'd know that a real Nigerian U17 would not look like that, nor play like that. I did, and i can tell you that there is no freaking way you can amass a squad that good with players of that age range. One or two maybe, but not an entire squad. Remember, some of them claim 14 and even 13 years old. Really?

don't mind them, let them continue to deceive themselves.
the truth remains instant victory irrespective of methodology is the norm for average Nigerians.
There's no way a team comprising 16 year old boys with their usual frame and strength, can play top quality football consistently at that level for 90 minutes in a standard pitch.
now they are shouting MRI scan, as if its 100% sensitive.
I remember in 2007, when the likes of sani Emmanuel and Macaulay christantus brought home the cup, and some of us raised doubts.
it was this same incoherent abusive aspersions we received.
I cant recall anybody from that team playing meaningful football anywhere.
yet that tournament produced the likes of christian benteke, david de gea, eden hazard, toni kroos, illaramendi, james Rodriguez, and mamadou sakho.

players like mario gotze, isco, neymar, ike muinan were in nigeria for the 2009 edition.
the only player in that team still relevant today is ogenya onazi.

we've started winning again and people are raising questions, yet people like the op are tagging us unpatriotic and bad belle.
don't worry 2020 is around the corner. By then, we shall be talking about great players who were at the 2013 and 2015 tournaments that nigeria won.
We pray as Nigerians, we'll proudly raise our shoulders tall.........at least for once....in a very long time.

lets be objective here
there's nothing wrong with the TSA account itself.
its a needed tool to curtail corruption in our public service.
and it should be applauded.
the only issue is the 1% commission, which a lot of people deemed to much for that huge amount of transaction.
that can be re-negotiated.
delaye and fayose are just raising dust
cbn ordered remita to return the #8 billion they deducted on October 27.......
this issue became public just last week.......
this shows this govt had done the right thing before the advent of whistleblowers......
except the two has other information they are yet to reveal.

bashydemy:
I Go and tell that to foool like you, the first column shows the monthly expenditure (monthly spending) which is the salaries. The second column is the monthly income and the last is debt go through it again.

read this and cure your ignorance

http://www.pmnewsnigeria.com/2015/03/25/why-i-owe-osun-workers-5-months-salary-aregbesola/

from the article, the wage bill of osun state is #3.6 billion and not #7 billion you are parroting all over the place.
The difference is essentially what he uses to service his gargantuan debt.

and please, if you know you can't resort to discussion without insults......then don't quote me.......because......I'll no longer dignify you with a response.

bashydemy:
Check the OP stats again and check well the the monthly reccurent expenditure of Osun is over 7b and the highest of SE is 5b check .

that third column in the table shows total monthly commitments of each states.
that will include salaries, wages, personnel costs, and loan deductions.
go and check the ranking of state's debt table, u will understand what I'm saying.
see,
I'm not in doubt of economic viability of SW.
but the governors are killing the region with their reckless fiscal policies.
and it's high time we start asking questions.