₦airaland Forum

baybeeboi:
Nigeria just can't stand not borrowing.
We are not there yet.
Am sure even Buhari knows that

major466:
The biggest mistake apc made was to create the impression that Nigeria is rich that coruption is the major factor hindering smooth circulation of resources. Their eyes will soon clear out when they descover that Nigeria is actually a poor country.

nzeobi:
To think of the fact that Nigeria to some extent belongs to some cabals who he will spend some time fighting or appease because of his government policies are obvious.
Buhari should just un bundle this country through regionalism. let each zone provide for them self eg roads, power and infrasture and leave only security for federal govt, that way people will no longer blame him for their backwardness.

baybeeboi:
so He borrowed the money He obtained his presidential form because he does not have to pay back with interest?

razavi:
Spot on, and need I add, conveniently realistic conjectures here-especially with the vicissitudes of a political environment, and volatile oil market. Like I have always remarked in conversations with colleagues and friends, quite a sizeable portion of the populace seems sold on the narrative of Nigeria as an overtly rich country capable of catering and providing limitless succour to their urges and desires. At the risk of the pessimistic label, in truth, the country is poor- it’s an import driven mono-economy, with an average production output of 17.42 bbl/day per 1,000 people-see Oil Nations production data chart, a well institutionalized recurrent bill, rent seeking and allocation dependent federating units, and a near non-existent real sector. Besides, the present projection is hinged on the most obliging of socio-political relationships, an overtly optimistic scenario, given the palpable heightened tensions in relations between various power blocs and interest groups in the polity.

The worry is really not with these challenges, but with the possibility of a pressured Buhari/APC led government, tethering to scapegoating the opposition, as cause of their inability to deliver on the welfare programs, sold to curry votes. That sceptre may be titillating to their staunch supporters-the most naive and cultic followership, and some with an axe to grind, but it’s still under this delusion of omnipotence, and a complimentary panoply of resources for execution, even in the most fascist and bellend of societies. It’s that prospect that earns my worry, especially worse for a heavily fractured and politicized polity like Nigeria, with far-reaching consequences, such mob catering missteps are wont to be interpreted, and the complementary reactionary forces that respond to such gestures.

The political will to engage these realities, with the possibility of a simultaneous shoring of revenue earnings, and the slashing of recurrent bills, would require a very strong citizenry buy in, even for the most homogenous of polities. Increase in taxations, borrowings, privatisations, public sector job cuts, renegotiated wages, and a long term real sector seeding, would be very bitter pills, majority Nigerian social groups, labour unions, etc., would be unwilling to swallow in the short term, given the messianic construct of Buhari, seared in the deafening propaganda of the past months. Ergo, the circus show of disappointments, and frenzied ritual of elections, a slush of phantom electioneering promises would resume, and as they say the rest is history.

kettykin:
He has already told his blind followers to expect no magic ,you didn't factor in biological factors like the effect of ageing, effect of stress and fatigue of office.
But I am predicting he will spend half of the 4 years trying to settle internal squabbles between ACN, CPC, ANPP,former PDP decampees over sharing of national assembly positions, ministerial posts etc that is if the looming fight between Amaechi bloc and Tinubu bloc doesn't set the party on fire now that Amaechi ' eyes are getting clearer.

Dahveydson:
Common sense has eroded you.

Rawani:
He had the choice to be silent, but he chose to endorse excellence regardless of ethnicity.

Ralphlauren:
And what makes her sexy and intelligent? her plastic body?

A woman that has gone under the knife several times to have her body worked on by plastic surgeons?

She also went as far as operating a consultancy firm where she linked vain nigerian women to plastic surgeons and she flew in these surgeons to have the operations done in nigeria.

Mama Bakassi was one of her top most clients.

To give "face" to her work, she decided to set up a charity providing plastic surgery for burn victims.

Ain't nothing sexy or intelligent about her abeg.

FG Needs N485trn For Implementation Of Infrastructure Master Plan

President Goodluck Jonathan has said that the Federal Government needs about N485 trillion for the implementation of the National Integrated Infrastructure Master Plan (NIIMP), which is to be achieved in three phases.

Jonathan sated this in Abuja yesterday during the Federal Executive Council (FEC) meeting, adding that the plan would be implemented over a period of 30 years from 2014 to 2043.

He explained that the first five years phase between now and 2018 will require $166.1 billion for implementation.

The plan will, among other things, address the lack of linkages in the infrastructure sector. It focuses on core infrastructure, including energy (power and oil and gas), transport (roads, rail, ports and airports), housing, water and Information and Communication Technology. Briefing State House correspondents at the end of the meeting, the Minister of State for Power, Mohammed Wakil, alongside the Ministers of Health, Onyebuchi Chukwu, National Planning, Abubakar Sulaiman and Transport, Idris Umar, recalled that Jonathan had in July 2012, approved that the National Planning Commission (NPC) coordinate the preparation of NIIMP for the country.

Other infrastructure classes include agriculture, mining, social infrastructure, vital registration and security.

politricks:
The best at constructing imaginary Figures right?

malipberry:
She's very intelligent too....

RICHIEBOI1:
Could it be MD Abubakar?

Chigold101:
shut your dirty mouth up! You dirty evil saddist.

I still dont know which country you come from but it is high time you stop insulting Nigeria & Nigerians.

If you are proud of your country tell us the name of your country.

Nigerian Police officers have never gone for any international mission & found wanting. They always come out the overall best.

The world is proud of their performances & that is why the world always request for their presence in every peace mission.

I hate it when low lifers like you open their over crowded mouth & speak ill of Nigeria or any of their institution.

“gbara ogwu gi nua oh“ (you better take your drug before it is too late)

EmoBoy:
Its funny how everybody blames Okonjo Iweala for our problems without pointing fingers at the CBN. They don't know that the decisions of the CBN impacts on the economy as much as the decisions of the minister of finance. Everybody thinks Okonjo is responsible for everything, even for the depreciation of the naira and depletion of our forex reserves. There's so much ignorance in this country.