₦airaland Forum

plaetton:
Shut up and face the challenges of leadership.

True leaders are fashioned and honed in the firery cauldrons of great challenges and disasters.

Enough of this Cry Baby nonsense.

If you are not up to the challenge, kindly do the honourable thing and step aside.

Who are the elites?

Are you not part of the elites?
We're you not the one that destroyed our second republic democracy with your inordinate ambition ?

Since you committed treason against the Nigerian state in 1983, has anything in Nigeria gotten better ?

Just shut up , stop the juvenile blame game and get to work on what Nigerians elected you to do.

Fear inspired ranting. I understand it all.

Wailers be recycling distorted shítty articles and interview. GEJ openly confessed to budget malpractice being in existence since 2007 that's some 9 year earlier
The interviewer skillfully dodged the systemic reforms made so far to attack Buhari fight against corruption. TSA, efficiency unit, reduction in ministry.

ilawanson44:
What about the N25billion that disappeared under his watch as PTF Chairman? He should return it before shedding crocodile tears

You mean such money got missing under him and PDP allowed him roam free to win election? I hate people feigning stùpiditý. I expected it anyway, no big man wants to taste jaile and would do anything to avoild it.

Wailers Breakfast is set.

I call this pattern of wailing preemtive wailing. You wail in anticipation of the backlash of your latest wrongdoing. In this case the, 3 trillion Naira is the wailers wrongdoing.

Teacher don't teach us nonsense. The laptop price is outrageous but then what can you guys do.

Common sense is dead in that North oh. So rape in south justifies abduction of minors from south. How does the crime of an isolated gang in Ebonyi justifies the support of sharia 'cults' & Emirs for Islamist crimes and criminals? We have a group who forces themselves on the people 'constitutionally' and another who have no cover. The OP is feigning stupídìty here.

baralatie:
So you do not know!
And you are here talking about stupidity!
Just a little knowledge about the laws guiding the operations of the NnPC will help you a lot

Feigning stùpídìtý is bad and wrong.

baralatie:
Can I ask you a question!
Do you know the laws backing the NNPC and how does the law enacting NNPC operate

the laws operate by stealing is not corruption principle.
I hate when people feign stùpídìtý.

SaharaReporter are the best by a distance.

Its PMB's fault indeed. The silly wailers, they will somewhere now, probably brainstorming on how to spin this. Just watch.
Anonimi and co. Where are you guys?

PDP and GEJ räped this country to a standstill. See rapìng, 3 trillion would have gone ahead to fund 1 million units of N3million ventures. It could av been a house, a car to employ a commercial driver, a small business, a scholarship. Now i hope wailers can see why Buhari can't close his eyes to N5trillion when the system is need of money.

Senate of inequalities . . .

Mynd44 we need you now but you no where to found oh. A recreation of thread is imminent hear.

Obiagelli:
And the buffon's was entrenching corruption. Thanks for the quick reply

ha ha ha . . .
The IB indeed.

anonimi:
Is Buhari no longer the Superman you voted for? The messiah and saviour who knows all and can do all on your behalf?
What changed



https://www.osundefender.org/wp-content/uploads/2014/09/Muhammadu-Buhari.jpg



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You are Beaf-like. See the argument put forth to you and see your answer.
If GEJ could acknowledge knowing about this practice since 2007. Why are you and 40 man crew hell bent on pinning this budget padding thing on Buhari? HYPROCRISY!!!

Progressive01:
Your level of mumuness is legendary!! Na wa oo!! Someone, a nairaland member points in a direction that reveals what hypocritical idiots pdp supporters/ipod miscreants could be and you say accuse the government of doing so. Shooo!! Do you people earn something from being so silly??

Let us see how the iPod Tadpoles would spin this one.

Na me dat guy dey call stùpid govermental so oh. On top say i dig out the unfathomable hyprocrisy of Gej confessing of being in the know of such practices of budget padding since 2007 at feederal level.

Lie

jaybee:
Understand the oil industry, government only facilitates the business. the oil companies spends their money and bears the risks in anticipation of huge profits if oil is found. Tax payers' money is not used for exploration. in fact government makes money whether there is oil and gas find or not, because the licenses and permits for exploration are costly (some in the range of tens to hundreds of millions of dollars) and non refundable. owners of licenses and leases have strict work program obligations to fulfill within stipulated times, or the oil blocks are revoked due to non-performance.

If you are attentive, you will notice that some aides of former president GEJ are being prosecuted for spending money from the signature bonus account in the CBN, those are monies from licensing oil blocks.

jaybee:
Your lack of understanding issues is surely legendary.

Tell show me how oil exploration hinders agriculture [/b]

Also tell me how oil and gas exploration makes Nigeria dependent on export proceeds.

Notice that you said "boost forex" that means there is forex already (surely from oil and gas) which is to be given the boost. You did not say replace, but boost.

Dangote is building a 165,000 bpd refinery to be commissioned in 2018. If there is no exploration how much cassava, cocoa, chicken, cashew, palm oil, yams (baring in mind yam eaters), rice, pepper, tomatoes, snails, fish, groundnuts, sesame, cucumber, etc, etc, etc, etc, would be exported to buy crude oil to refine and sell to motorists in Nigeria?

How much gas will be imported to service the many gas power plants to supply electricity in Nigeria?

just think a bit more and you will discover that you are just clever by half.

Time and money used for oil exploration could av been used for agriculture. Stop feigning stupidìty here. It isn't funny. Plus oil exploration has gulped trillions without results. It is a gamble.

jaybee:
Pathetic. Pathetic indeed.

Most comments on this thread make a f00l of Nigerian youths.

Just think of it.

What is 'diversification'? what does of mean in the context of Nigeria's economy?

Does it meat jettisoning what you have (in this case oil and gas), while embracing what you don't have (like the proverbial, and improperly defined, agriculture; mining, etc) ?

To understand 'diversification', all you need is to define it. Any dictionary should provide such definition. Diversification is simply the act of introducing a variety (in our case, in investments, and production of goods and services); instead of investing mainly in the oil and gas. it does not connote zero investment in oil and gas and 100% investment in other sectors. Remember that Nigeria already has huge investments in oil and gas to leverage on. After all have you ever heard that a bird at hand is worth two in the air?

The concern on timing for investment in oil and gas exploration in Nigeria now is highly misplaced and shows ineptitude of the highest order, if not outright mischief. Just think of it, the crude oil being produced Nigeria today (which was sold as high as $146 in the recent past), at what price was crude oil when the exploration was done? The exploration was undertaken in the 80s and early 90s (oil exploration and production is a long gestation investment) when crude oil was at its lowest around $9 - $14. This is a good time to invest when the price is low and the cost of exploration is also low. When the price rises, the cost of exploration will be high and making the investment decision will become more difficult. it makes economic sense.

Finally is the money for this so-called frontier exploration in the budget? this i strongly doubt. If it is there, someone should please show, not tell me. Which means as usual, government only facilitates these activities, and does not really put in tax payers' money directly into it. Mostly, the investors put in their heard-earned hard currency and takes all the risks in anticipation of commercial hydrocarbon discoveries that would permit them to recover their money in a long time in the future.

the Problem u subtly failed to acknowlege about your argument is that it involve dependence on export proceeds. Agriculture helps secure you table with food. And can also generate forex. Industry help keep capital flight in check and boost forex too. It is super-foølish to go into further oil exploration now.

And some people try to pin Budget padding on Buhari. Wailers, God know all una address. I will love to see this as a throwback thread. Jaybee common help get this on Politic section first page. Lalasticlala, FP material in here. Lol

MrEverest:
Smh at your foolhardiness! S.Arabia, UAE, Qarter are all desert wastelands but oil rich, now how is their economy? Can you compare them with Congo that have vast arable jungle? Even the South is doing well in terms of Agriculture, industry, education, human resources, access to sea etc! Stop deciev'n yourself, North will be impoverished as a country!

Your ignorance is frighthening indeed. Have you heard about white farmers policy of most African nations like Zimbabwe, Gambia, Zambia, SA? It involves white farmers from Britain, Netherlands, Portugal, and other advanced nation sending trained citizens to those African countries to practise mechanise farming inorder to export back to their countries. Keep massaging your own ego forcefully. It changer nothing. The advance nations you mentioned up there where able to hold on so far because of their diversificavion during the days of abundance. Russia Saudi Arabia and co are in tight corners already. Your may need to research the term "urban farming"

drss:
just recently liar mohammed confessed dat buari has lost control of nigeria's economy ova fall in oyel prices. d same buari dullard is now trying to anchor nigerian economy on oyel. D dullard has no plans to diversify d economy, otherwise he will be talking about agriculture, not oyel exploration in d north east. same region currently being ravaged by boko haram.

You know perception of other's level of sharpness a function of one's brain. So you can carry on with the Dullard and Dullardino thingy.

odeotito:
Here's hoping this goes beyond talk! A Staff of The Customer Care Unit of the IBEDC a DISCO asks at a meeting why the prepaid metre due in 45 days is still been awaited 4 months after and she gets queried! The generation of the first line managers who ruined phcn with corruption and misappropriation are still embedded in the Discos and need to be rooted out if we must make progress in that sector.

Imagine that. They are same people orchestrating the inflation of bills in order to rip the system. What will Fashola do about these guys? One condition to get prepaid meter is to clear outstanding postpaid bills, which has been inflated already. Imagine your meter reading total of 5000kwh when you have paid total of N80,000 plus and they still giving you a bill of N100,000 plus for a four year old house/meter.

This has been one big missing links. I av tasted the prepaid meter and currently tasting the manipulation of the postpaid meter. They simply look at your size, tribe, house size among other pointer of your financial strength and fix you a high price. From what I understand one has to clear the oustanding outrageous bills to switch over to prepaid meter. What will Fashola do about people in this situation? I hope they don't try something stupid.

This should last some weeks before the thugs go bomb the facilities again.

Tompolo the hardman has started making political manouvre too. I think say na only force you sabi use . . .

If true, then i am dissapointed in Buhari. You have a commodity whose market value is on the all-time low and you are still looking for it like its some hotcake. Who funds this ego-massaging venture that's merely meant to prove the north has oil? Who does?

5starmilitant:
Who would believed that Oshomole that was fighting for the poor masses when he was NLC chairman, would loot Edo treasury dry for a girl of 23?


63-23= 40. Truly this makes no sense.

small small oh

MrEverest:
Your IQ & level of education is obviously limited in scope! Your population is said to be in excess of 80 million, about 10 million are destitutes that beg for a living, a staggering over 75% lives below poverty & the populace are largely illiterates with very basic skills to operate.

Level of education and IQ low? You must be kidding. Keep parading your worthless oil. The North has her most basic needs catered for, it is the south who depends on them. Go read about USA's recession of the 1930 thereabout. It got to a stage the farmers where virtually the onlx ones having good enuf meal. Some people were ready to serve the farmers in various capacity but were rejected as the skill and product they offered weren't critical to survival. You still behind the North in terms of dependence on other region. Apply your IQ and education, then google ''the great depression in America'' and then read it up.

Cyojunior:
Mohammed Buhari's album is out! The album title is
Feel The Change.
& here's the tracklist.
1. I'm the President (feat. Osibanjo)
2. Fighting Corruption (feat. Efcc).
3. Show me your Money (Dansuki Diss).
4. Sweet Life in the Aeroplane.
5. Blame it on Goodluck Jonathan (feat. Lia
Mohammed )
6. Feel the Change!
7. Technically we've defeated Boko Haram (feat. Lie
Mohammed).
8. 16+6 = 24 (feat. Finance Minister Femi Adeosun).
9. Treasonable offence Nnamdi Kanu (feat. DSS).
10. Missing Budgets (feat. NASS).
11. Masquerade for witness (feat. Judiciary Barrister
John Tosho )
Bonus Tracks:
- Fuel Scarcity.
- Never Devalue Naira.
- Call me Johnny walker of Africa.

You be craze man oh. GEJ album will be : Stealing Is Not Corruption.
Tracks:
1. Killer Air (feat. The Wailers)
2. Buy Some Gunz (feat. Dasuki and the Free-givass)
3. Share Dem Dollarz (feat. Dasuki and the Kontractors)
4. Feel the Pain (Tribute to the fallen protesters)
5. There is God (feat. Patience J)
6. Who wants to be Millionaire (feat. FFK)
7. My Jesus-on-earth (feat. Wike da killa)
8. Gone to soon (JEGA diss)
9. Papa Decieve Pikin (Afrobeat remix)
10. Cassava Bread (feat IMF and the Dark Whisperers)
11. Crash 'em Servers (feat Seun and lalasticlala)
12. Win by Force (feat Orubebe)
13. Do or Die (feat. the Party Crashers)
14. The Lost Girls (feat. PEJ da cry baby)

Bonus tracks
The Quiter Hero (feat. the 40 man laptop crew)
Ballard of a fallen Drunkard (feat. The Cyber ego massagers)
Who steals better (Performed by Abati the Intellectual Almajiris)