₦airaland Forum

koruji: Nobody is dying rather than give GEJ commendation - when he deserves it he will get it.
GEJ is the one who took people's support, got in the chair in Aso Rock and became a wolf-in-sheep-clothing.
Commendations for him will come very stringently, based on actual on-ground performance.
This is because of repeated lies and innuendo his administration is fast becoming known for.

You talk about NEPA being complicated to privatize.
Compared with NITEL that is not true, electricity is actually less fungible than communication.
GEJ needs to learn the lessons of NITEL in order to be successful with NEPA they are similar kettle of fish.

I repeat it again GEJ is making moves, but he hasn't succeeded yet.
I hope he succeeds, unlike GEJ and his cohorts like you who take petty quarrels personally.
But you guys need to stop jumping ahead because of signed agreements and approvals
These do not light up a room or operate machinery.

I ALWAYS advice people that they shld plz keep SHUT once they dont know what they are talking about. Giving same advice here too.

Great posts... Very enlightening to discerning minds

By d way, am seriously waiting for the handova of TCN to Manitoba International next week, according to the new Power Minister. I really hope that is true, so that that very important aspect be closed for good.

asha 80: is it all phcn workers or some?because i still saw some coming around my neighbourhood to disconnect lines

The PHCN workers hv not bn sacked yet, cos the Private bidders hv not yet taken ova their various companies. It is a Process. Yes, some of them wud start the process of collecting their Terminal Benefits Today afta d President's approval and the conclusion of the Biometrics Verification process, still it wud take days and even weeks b4 the process ends. Meanwhile and importantly, the Private bidders wud legally take ova their companies today or tomorrow, once the BPE who hv already verified the Bank Guarantees they submitted last month, signs the final Agreement documents with them this week; it wud also take weeks or even months for the Private bidders to take actual physical/managerial control of the companies, afta they must hv finishd paying the bid money in full- Only then wud then PHCN workers be 'sackd'. I expect some of the bidders to take final control from around April and June, probably starting with d Gencos. Like I said, its a process.... By d way, I bliv not all PHCN workers wud be 'sacked' at a go, cos some of them wud still be working for PHCN units that has not be sold yet (like the new NIPP plants, Afam Genco, Kaduna Disco, etc ) Or that wud not be sold (eg, TCN).

Very Good. Let those PHCN workers GO asap. And let the new Private Owners take ova.... Telecoms tins on my mind

The right strategy is to handle it from all fronts: catch and expose the kingpins; degrade the ability of the so-calld footsoldiers to break pipelines and steal crude; improve the conditions of people surrounding the pipelines; and, deal with the continue Excess Market abroad for these stolen crude, etc. You treat the Demand and Supply sides together if you intend to really deal with d problem in a SUBSTAINABLE manner..... Already, work at home by Security Agencies, as startd by the article, has reducd Crude theft from 150,000bpd to 80,000bpd; what is needed to furda drive it downwards and hence deal with it in a Substainable way, is to block the foreign market for the stolen crude as work intensifies at home...

[quote author=Omo_Tier1]Are you a human being to be reckon with if at all? Isn't your life summed up by the bag of rice and N1500 you got from last PDP party convention? Do I expect a goat to grow furr?..Absolutely not... so go siddon for one corner and continue to wallow in stupidity.

Is it not a know fact here on NL that you are a shameless human being who glory in lies and deceit? Do I expect you to grasp the economics of GDP and the likes? Absolutely not. That is why I will advice you to stick to the petty falsehood of junk information about mediocre projects by your god master GEJ that you have been trained for.[/quote]Plz, quit the noisemaking and Soundbites. Lets stick with Economics, k? I wud not allow you an easy pass, until you explain to me how the statistical data and d ones I just presentd means that d Economy 'is contracting' Or dat its GDP 'is decreasing' Or how d 'output at the end of the year doesn't measure up'??

[quote author=Omo_Tier1]It shows you lack basic education and that is why you are a glorified thug for the PDP led government. If you like attract $1tn worth of investment, if the output at the end of the year does not measure up, its like pouring a tanker load of water in an empty basket... get it now?[/quote]You know I just confirmd? You are the biggest HYPOCRITE of dem all!! This shld be about d silliest responses I hv eva seen on NL. What is the meaning of 'if the output at the end of the yr does not measure up', as a response to my comment. Don't you hv any shame, and know when to stop foooling yrself. I am even beginning to feel ashamd of you..*smh*

Plz, let them do dis like Yesterday... Esp Manitoba..

Its good to know that d $200m Intervention Fund GEJ promisd the Entertainment Industry sm time back, which is domiciled in d BOI, is now been accessd and used to deepen the industry in a good way. Others shld take advantage of it, just like dis Production did.... Hope Govt and oda stakeholders deal DECISIVELY with the problem of Piracy, so as to enhance Predictability in the industry incountry. Nollywood has the potential to do so much more than it presently is doing, if d right structures are built and substaind. Kudos Mr Abulu..

In other news, more Economic data (apart from the Economy expanding by 6.61% with GDP increasing from about $250bn to more than $270bn) indicates that: Nigeria receivd by far the highest FDI in Africa in 2011 at $8.9bn, and preliminary data indicates a significant increase in 2012, just as the total foreign inflow (FDI and odas) in January 2013 alone grew by 207% yr-on-yr; two of the world's Rating Agencies (S&P and Moody) raisd the nation's Sovereign Ratings TWICE in 2 yrs, same time they were downgrading the Ratings of sm advancd nations; Morgan Chase added Nigeria to its Debt market for the very 1st time indicating increasd confidence in the economy, just as Barclays is said to also do same by March dis yr and IFC 1st entrance to our market oversubscribed many times ova- all these hv attractd many players to Nigeria's money market like never b4, and are already leading to significant decreases in borrowing costs to about 4.39% for our dollar denominatd bonds and 10.79% for its naira equivalent (the lowest I think they hv eva bn); the Nigerian Stock Exchange in now in full recovery mode afta the 2009 crash by increasing by 37.4% in 2012 from 6.533trn to 8.974trn, making it one of the best performing in the world last yr, and increasing by about 16% already dis yr; the naira increasd by more than 3% and was the 2nd most performing currencies in Africa last yr; the Reserves increasd by more than 35% from about $33bn to about $44.5bn last year, and has already increasd by around 6% dis yr to about $47bn; and inflation rate that was stubborn at low double digits truout last yr has now come down to 9% in Jan from 12% in Dec yr-on-yr, etc, etc.......... Yea!! I can really see how the 'Economy is contracting' and the 'GDP decreasing', Or as one of dem Clown said, 'Nigeria is still in Recession'...

[quote author=::Andrew::]How much is going to "ZAKI IBIAM"?[/quote]Those ones don take the FG to World Court since. They are demanding the entire 2013 budget as Compensatn, dats why its has not bn signd yet. Serious.

toothpaste: The only consolation for Odi will be that ugly gorilla hounded by the ICC and chained hands and legs inside Kirikiri. *Opa so njo* the synonym of ugly

You wish.....

seanet01: It was caused by the Odi people. How can you killed security men and hang their heads?
They partially got what they deserve.

Was it 'Odi People' who killd those security men Or a few people from Odi who killd them?? Most times i swear, d wirings for your brain dey touch, making you almost always talk from a short-circuitd brain...

kingoflag: Ummm... I've read a lot of ur posts and, sorry to say, ur not in a position to tell me whether I comprehend what Cameron said or not. I do not deal in conjectures. $100billion has disappeared from Nigerian coffers, Cameron and the G8 called attention to it. Neither Reno Omokri or the red-eyed Rueben Abati responded to the accusations....

Tell me something else.

LOL... That $100bn or thereabout is the sum that the FG, States and LG shared last year (which was usd to pay salaries, do capital projects, run govts etc) and the savings put in d Excess Account and SWF last yr. You mean GEJ still eat it?? Lol.... Go to dat article that reportd dis Cameron stori (its still here on NL smwhere) and read tru and then copy what Cameron actuali said (I MEAN THOSE WORDS IN QUOTES ' ', not inferences); then compare what I earlier said and yours on what he possibly say and meant. GOODLUCK

0lumide: Taharqa and Rossike, seriously?

You guys have little to no knowledge of economics. WTH? Y'all such a bunch.

Taharqa, be honest with your self for a living for once. What's your qualification or career to defend Jonathan based on economic statistics?

Like seriously? stick to politics please and stop making it obvious that you will defend Jonathan even if he orders massacre on Nigerians.

Be honest with your self for once geez.. Fear your last day oo.. Your conscience will bite you hard.

Are you madt?? Why are u calling my name. If you do not hv anything to say on dis topic, plz zip it......

kingoflag: Yes, and just a few days ago this same David Cameron accused GEJ of pilfering over $100billion that was meant for the development of the Nigerian people.

Maybe, that's the what's "hard to believe" that the fine Briish gentleman is talking about.

Stop Lying there 'Oflag. Cameron actuali said the OPPOSITE: 'Transparency effort in Nigeria sm yrs back discoverd sm corruptn cases and is LEADING to new ways to bring transparency to the Oil sector'. Of course d moves cud only hv come from d many probes by GEJ. Cameron then pledgd that d G8 was going to help the Transparency process in Nigeria- which is very much in order, seeing that most of d money stolen (and still been stolen) end up finding dier ways to Bank vaults in these G8 countries.... At no time did He 'accuse GEJ of pilfering $100bn'. All those talks are just distortions and inferences that came off yr azzes...

akintun: D GDP shows dat we are still in recession. A GDP growth of 6.6% is bad 4 a country like china talkless of Nigeria. Any growth dat is less than 15% is rubbish.

Emhmn?? What sorts of human beings are we now hving on NL these days, Emhmn?? Recession? So Nigeria has bn in Recession, and dis data indicates that 'we are still in it'? ..OK

[quote author=Omo_Tier1]Let me help you out, when something reduces from a height to much lower height, you say it has DECREASED. When an Economy that in all ramifications should be posting near double digits figures is showing a reduction, with the ordinary man on the street telling you things have gotten harder than previous years, it is a clear sign that the Economy is not growing as it should and there is a decline![/quote]NO!! Okpeee. A thing CANNOT decrease when it is increasing. You do not hv a clue what you are saying, and are mking a complete foool of yrself cos you Must do yr job- try discrediting GEJ.. Economists dont say an economy 'is contracting' Or its GDP 'is decreasing' by looking at its rates of growth year-on-year, cos that varies. They look at d rate itself as a reflection of a growth or otherwise on d Size (ie GDP) of d Economy. Nigeria's GDP increasd by 6.6% (one of the fastest rate in the world inspite of the fact that many top economies decreasd) from a GDP of about $250bn in 2011 to more than $270bn end of 2012. That is a VERY SIGNIFICANT Increase, Ode.. Almost Every oda parameter of the Economy also increasd, some significantly, relative to both 2011 and other economies in the world.

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[quote author=Omo_Tier1]You are a disgrace to Nigeria Educational system @ bold. 7.43% GDP is no where near the level you will call unsustainable. With other economies declining, we should be posting near double digits GDP figures. There is no way you will try to spin this, I am sorry. The events that befell 2012 in the country would clearly point to a possible decline in the GDP. Just have a look at the trend below.

Tell me, with a booming middle class, active work force, why can't we sustain a GDP of 7.4% or even 7% year on year? I do not know why you people are satisfied with mediocrity in that country [/quote]Are you madt?? Dont you hv any shame at all? So you are still talking afta that comment by @Rossike... Opposition does not mean Fooolishness, na. Sm of you chaps DISGUST me at times, and significantly increases my passion for supporting GEJ...... Just imagine a literate using d words: 'GDP decreases..' and 'Economy Contracts..' , when presentd with dis statistical data, and still arguing. Omatshe oo...

Lol... Some people are just utterly pathetic to the point of actuali been Objects of Pity...... PITY

Dollarman101: Keep quiet! What do you know about Nigeria's history. Who do you wish to compare with GEJ? Babangida who inaugrated Corruption in Nigeria? Or Abacha who was a maximum military dictator stashing our billions away to Swiss accounts or Obasanjo abi Yaradua who abandoned power plants,,airports railways, etc?
Let's be truthful to ourselves. Jonathan far out performs all his predecessors. Which major Airport in Nigeria has not been remodelled since GEJ was elected in 2011? On December 21st, Lagos-Kano railway lines started running again after many years of neglect and abandonment. Cargo trains now run from Ogun to Minna, Enugu-Msidugri is under serious rehabilitation.

What about the decongestion of sea ports and the commissioning of new ones in Onistha? Or do we need to talk about the reopening of moribund depots in Aba, Benin, Mossimi and calabar that has brought back commercial activities to those areas. Do i need to remind you that the original builders of our refineries were contracted by GEJ to start repairs or you forget the new PIB?.

Or do we need to talk about road rehabilitations and construction? After so many years, Benin-Ore-Sagamu is being done by this govt. Onitsha -Owerri has been completed by this govt likewise zaria-Funtua-Gusau. Enugu-PH which has been neglected by successive administrations is now under rehabilitation by GEJ.
Lafia-Obi-Awe nko? Abi na Kano-Maidugri or the Apapa-Oshodi which is about to commence phase 2 ?

Do you wish to feign ignorance to the completion of NIPP power projects by this administration? Or you are not aware of the ongoing privatisation exercise in PHCN which promises to usher in a new era of power distribution in Nigeria? Which other Agric Minister in history has come out with bright ideas and long term reforms like the present minister of Agric, Dr Adeshina.

So 'they' still hv not seen dis, ko??

Dollarman101: Keep quiet! What do you know about Nigeria's history. Who do you wish to compare with GEJ? Babangida who inaugrated Corruption in Nigeria? Or Abacha who was a maximum military dictator stashing our billions away to Swiss accounts or Obasanjo abi Yaradua who abandoned power plants,,airports railways, etc?
Let's be truthful to ourselves. Jonathan far out performs all his predecessors. Which major Airport in Nigeria has not been remodelled since GEJ was elected in 2011? On December 21st, Lagos-Kano railway lines started running again after many years of neglect and abandonment. Cargo trains now run from Ogun to Minna, Enugu-Msidugri is under serious rehabilitation.

What about the decongestion of sea ports and the commissioning of new ones in Onistha? Or do we need to talk about the reopening of moribund depots in Aba, Benin, Mossimi and calabar that has brought back commercial activities to those areas. Do i need to remind you that the original builders of our refineries were contracted by GEJ to start repairs or you forget the new PIB?.

Or do we need to talk about road rehabilitations and construction? After so many years, Benin-Ore-Sagamu is being done by this govt. Onitsha -Owerri has been completed by this govt likewise zaria-Funtua-Gusau. Enugu-PH which has been neglected by successive administrations is now under rehabilitation by GEJ.
Lafia-Obi-Awe nko? Abi na Kano-Maidugri or the Apapa-Oshodi which is about to commence phase 2 ?

Do you wish to feign ignorance to the completion of NIPP power projects by this administration? Or you are not aware of the ongoing privatisation exercise in PHCN which promises to usher in a new era of power distribution in Nigeria? Which other Agric Minister in history has come out with bright ideas and long term reforms like the present minister of Agric, Dr Adeshina.

Am just quoting this comment, so as to emphasize it. At least now, d resident HYPOCRITES wudn't say they didn't see dis poster's comment... Thnkssss

seanet01: The credits goes to ACN.
Look at the bolded part.
The man said in the South Western Part of Nigeria, the Roads have actually gotten better than before.
He did not say the whole Nigeria.
The last time i checked it was ACN governors controlling South West states except for Ondo.
So Gej got no credit for this,
is that clear?

Hahaha.... But guy u madt in a funny way, Lol... Read d article again, 'Onalodo'; and dis time, do it more slowly..

Are u ppl not tired of LIES on all sides....*smh*

Dee60: Does government have any plan or strategy to stimulate this economy? Why wont price levels fall when people are hardly buying? This is not due to any new efficiency in the system but just due to panic selling due to very low purchasing power. Basic.

See, there are alot of fooolish comments here, born out of Real Ignorance, but yrs tk d cake. Hands down....abeg, where were u when yr mates were going to dem Secondary skuls??

[quote author=~Bluetooth]Jonathan is busy on how to win election in 2015,so he doesn't care about you or the commuters that use that road daily.Despite the importance of the Apapa road to Nigeria economy,till date nothing has been done about it same with the ibadan road,benin road and east west and, one begins to wonder if there is really a president ruling Nigeria.

Jonathan is a disappointment to Nigeria.[/quote]Would you stop lying you dis BOY. Is it Benin-Ore Road, that is virtuali complete, that you just said 'nothing is been done' about? You dey madt, ni?? The large chunk of Apapa Road was done last yr by Julius Berger and Borino but was then abandond cos of d usual Budgetary constraints; they are back now though. The East-West is probably d longest and certainly d most difficult road in dis country that span many coastal states, and work is going on different sections on dat road with most of d bridges already raised (work seem slow on sm sections though, BUT THERE IS NO WAY GEJ WUD NOT FINISH THAT 'HIS' ROAD B4 2015 even if it extends beyond d 2014 date it was initiali meant to be finishd)......@OP, hopefully d FERMA people wud hear you and complete d rehabilitatn work on dat important road. Whilst I was using dat road 2yrs ago it was not as bad as u just described, and cos of its importance FERMA shld do it asap. Weldone

citypulseng: Much as I tried to convince myself this is happening, I want to believe the stat can't be that impressing. Why I said so? Aside winning AFCON, our image abroad is not palatable at all. From epileptic power, insecurity to terrorism and corruption, the list is endless. I am asking myself "Why would anyone want to leave the comfort of Europe for Nigeria of all places?" God help this country!

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@OP, GEJ is definitely yr Nightmare. Problem is, he wud continue to torment you till 2015 at least, and possibly beyond.... That is d portion of BAD LOSERS, you know..

Very very Good news. Almost Every data from d Economy clearly shows that the Economy is in the right direction. Ngozi Okonjo Iweala is stamping her signature again.... Its now time for d CBN to reduce their MRR rate from 12%, so as to force down interest rates so ordinary Nigerians can benefit from dis more; and Sanusi shld henceforth force commercial banks not to go beyond a 4-5% point over the subsiting MRR, on their interest rates. The current rates chargd by commercial banks is totali unacceptable... Great news again

take dat: I believe that other genuine Christian denominations should also pull out of CAN. The current leadership of CAN is gradually introducing schism into the body of Christ through political patronage and dalliance with corrupt persons, makes a big ridicule of what Christianity stands for!

Really??...*smh*