₦airaland Forum

lexy2014:
You haven't answered the questions I asked in my post.

What test are you referring to?

These are your exact words...

"To those who don't know how the current hardship and poverty in Nigeria started, take your time and read this. Then investigate the owners of the companies that robbed the country of her assets, those are the devils you were warned about".

Why are you now denying that you didn't say that the privatisation under obj/atiku today's hardship? Which leads me to what I said earlier to what said earlier about the information you provide. If you are denying your own words, how then can I trust your credibility?

I don't remember asking you about who you support or don't support. These are questions I asked which you couldn't answer....

By the way, who are those who say are owing debts that are eager to remove this present administration?

How is the privatisation of 1999 to 2007 responsible for the current hardship and poverty in Nigeria?

Wole Soyinka on PDP Defections

IF APC is not the answer to our Problems, there is no reason going back to the instigators of the problem.
I'm not a politician but I would do everything not to have PDP in Government in Nigeria.
The greatest tragedy that can befall a nation is for her citizens to suffer collective amnesia. I believe PDP believes Nigerians have short memories,
For those who may have forgotten, kindly joggle your memories with the following words on marble and you will agree with me.

Happy reading:

1. I acted based on Jonathan's instruction - Dasuki

2. I didn't give order - Jonathan

3. I collected 350M from Dasuki for consultation - Iyorchia Ayu

4. I only collected $30,000 from Dasuki not N100m - Bode George

5. I got N4.6b from Dasuki for spiritual purposes - Bafarawa

6. I got N650M from Dasuki for my Abuja burnt office - Thisday Obaigbena.

7. I got N2.1b from Dasuki for publicity - Dokpesi

8. I got another N100m from Yuguda he didn't tell me from where - Bafarawa.

9. I gave N100m each to Odili, Jim Nwobodo Bode George and others - Yuguda

10. The president asked me to change N10B to foreign currency for PDP delegates - Dasuki

11. My boss asked me to get $11M from the CBN - Dasuki's account officer.

12. I got order from above to pay Tompolo N13B for Maritime university land. - Nimasa DG.

13. 950m was shared in my house -- Shekarau

With all this looting and many more revealed, some people are still shouting no sign of change yet, they even say it's political persecution.

*There must be consequences for such crimes otherwise Nigeria will not develop.*

WHERE ARE THE #WAILERS?
"Over 20 billion dollars unremitted to the Federation account, and if nothing is done by 2015 upward, Nigeria will know what economic crisis is"
*~ Emir Sanusi Lamido Sanusi*

"Whoever wins 2015 will NEVER find it easy to govern. Over 30 trillion is mismanaged, unaccounted for or missing under Jonathan."
*~ Prof Charles Soludo*

"Our reserve is depleted and our savings are squandered. Our nation is in trouble."
*~ Dr Oby Ezekwesili.*

"For seven months, NNPC did not remit any money into federation account. When I called as a sitting governor and major oil producing state, Deziani Alison Madueke refused to pick my calls."
*~ Godswill Akpabio*

"I told them to save ahead of eventualities but Jonathan had no political will to do so and this is the reason why we are in crisis, because we squandered our boom."
*~ Okonjo Iweala*

"Okonjo-Iweala, Sanusi urged us to save but we state Governors refused to save for the unseen future during the tenure of Goodluck Jonathan, despite warning from economic experts."
*~ Peter Obi*

"Jonathan is a blessed ATM machine that doesn't have secret pin number"
*~ Bala Mohammed*

* Tompolo was paid 13Billion.!
* Ex-CDS,Alex Badeh dug a pit toilet to hide $32m.
* Patience Jonathan is claiming $31m, she has sued the Nigerian state.
* Femi Fani-Kayode took 740M.
* Dasuki used trucks to load over $35B from the CBN.
* Olisa Metuh took 400M.
* Aziboala, GEJ's cousin took 6B naira.
* Nenadi Usman took 3.5B naira.
* Fayose took 3B naira.
* Obanikoro took 4Billion naira.
* Olu Falae took 100M naira.
* Tony Anenih - 400M naira.
* Oritsejafor - $35M
* Former Air Chief Amosu - 2Billion naira.
* Lucky Igbinedion-16B naira.
*Bode-George and Dabo -100B naira
* Jolly Nyame-2.4B naira.
* Joshua Dariye-700M naira.
*Nyesom Wike stole #4b.
* Diezzani with $20 billion missing oil money?
15 billon dollars missing from arms fund, 10 billion naria, converted to dollars and given as gift to delegates of PDP Nation convention, Bafarawa collected 3 billion for spiritual purposes , 12. 7 billon naria for deceased NEPA staff grew wings and disappeared, 20 billion dollars missing from NNPC accounts, 23 billon naira as bribe to INEC staffs to rig the general election. The list is endless. They only left what they can't carry or unable to lay their hands on.

The list continues.....
*Recession didn't just happen, people looted Nigeria into RECESSION HAPPENING*

So does that qualifies him to be better than tinubu and atiku

CELEBRITIZ:
Do you have company of your run?
Have you ever run one before ?
If you have you won’t be thinking like a child . Those money he returned to the state , most of them were the yield of investments he did . You don’t jump
Into all projects . It because you don’t own a company of your own that’s why you talk like a baby. Unlike lagos he never had debt and never borrowed money . He was able to build road , schools , health care and pays all pensioners , staffs and all contractors. He never owed anyone and still left more money for the next government to continue his good works . If Obi was the one governing lagos with all the money lagos have , do you know the wonder he would have done?
You talk like a baby . Google things and learn , don’t be quick to always reply

So his records is now far more better than thiefatiku and Tinubu abi??

Or what are u saying

FunNoStrings:
Peter Obi

Built 8 lane Onitsha head bridge road and changed the face of Upper Iweka
Built Odumegwu Ojukwu university Igboariam main campus
Built Odumegwu Ojukwu university teaching hospital Awka
Revamped many general and mission hospitals in Anambra
Revamped Educational sector in Anambra
Built Onitsha stock exchange
Built Anambra government secretariat
Secured the funds for Anambra international airport
Created the Anambra city master plan for Awka, Onitsha, and Nnewi
Built fire service stations around major markets in the bigger towns in Anambra, including Ihiala, Ekwuluobia, Ogbaru, Ukpo, Oba, etc.
Built roads connecting the villages to the major cities

All these while fighting state Assembly that wanted to share the money.

I like you for saying what you have in mind
Like seriously base on tinubu forget about age how old is bush and biden and are they not president?
Also base on muslim running mate all d food u have eaten today did u ask if it's muslim or christain dat harvest it in the farm

We just need a leader with mission and vision and forget about religion sentimental stuff

This is our nation it will become greater again..
#BAT2023 ALL THE WAY

tunjijones:
I don't even know who to support in this election.

Tinubu is too old to rule this very complex country and his party even had the audacity to pick a Muslim as a running mate (I know that's the only way they can have a chance). But his past experience and exploits in governance is really speaking for him

For Peter obi, he didn't do much in Anambra (forget all what is supporters are saying online. How wld you return money back to the state account when there are several infrastructures to be built. I think he was clueless on what to use the funds for). But he younger and agile. He is not a saint but he is a lesser thief compared to atiku and tinubu.

For Atiku, I don't even know. He is as much a thief like tinubu but at least he picked a Christian running mate and he has vast experience in governance and has as much international connections as Tinubu.

Kindly advise on who i shd vote for with strong reason. (I have my PVC and I must vote).

FYI, I will not vote a candidate cos of religion or tribe.

Na nigeria i see where thief they catch and chase after a thief

To my understanding why is it that you decide to sleep in your ex bf house meaning technically you still love her brother. And since you have your guy there then u shouldn't have continued to sleep in that house. So why can't you sleep in the sisters room and didn't u discuss that with the sister before going to bed??


My dear you intentionally want to have the taste of your ex so this story isn't a mistake but d feelings you still have for your ex

GardenOfGod:
Okay...
Meanwhile APC promised a steady power supply.
They will be coming with another packaged promises again.

We have had enough of their failed promises.

We the youths cannot be fooled for yet another 8 years... No be juju be that?

Na juju my brother

Mtheew

What about those that lost their job during this regimn when privatizing and debuting people of employment

My father was a victim ..

So for atiku to come in again will repeated many misdeed

lexy2014:
What test are you referring to?

These are your exact words...

"To those who don't know how the current hardship and poverty in Nigeria started, take your time and read this. Then investigate the owners of the companies that robbed the country of her assets, those are the devils you were warned about".

Why are you now denying that you didn't say that the privatisation under obj/atiku today's hardship? Which leads me to what I said earlier to what said earlier about the information you provide. If you are denying your own words, how then can I trust your credibility?

I don't remember asking you about who you support or don't support. These are questions I asked which you couldn't answer....

By the way, who are those who say are owing debts that are eager to remove this present administration?

How is the privatisation of 1999 to 2007 responsible for the current hardship and poverty in Nigeria?

yomi961:
Sai Waziri adamawa, A business man with a vision,mission and plans to rebuild and get Nigeria working again. Youths shine your eyes o.
APC means aka poverty, joblessness, nepotism, fascism and wanton killings
Meanwhile Atiku means education, jobs, unity, progress and above all restructuring

When u don't understand why will u say atiku will bring those flalacy things to nigeria .. mtheew atiku that is not even living in nigeria self so how will he know what the youth needed and what we really want ...

Atiku is just catching cruise to be elected and then when he gets to the power he will sell all government parastaters to a private company and turn many to his own forever and have no future for nigeria .. atiku in yoruba mean we are dead already

So please we are not ready to die

The problem is not the government but assu themselves. I listened to an interview in which ASSU leader was interviewed and they asked him all the money they have been collecting where are they and where are the records of job done so the government can be aroused to give them another set of money and to God b d glory ASSU said they have no record and till date no record of what the money is used for i.e the money they have giving to them ...

So tell me I don't support the government to release another money because it will still waste since they have no record then the government is right for not releasing any find again since they can't see what the money is doing in the education sector

Aydlecturer:
For record purpose

From OBJ to Buhari: Full List of Times ASUU has Gone on Strike, Total Number of Years Wasted*

Strikes by the Academic Staff Union of Universities (ASUU) forcing Nigerian students to remain at home have been recurring decimals in the education sector since 1999.

The action by the ASUU often a result of failure on the part of the federal government to meet certain demands has dashed the hopes of many students, leading to a lack of confidence in the academic system and the option of enrolling in private tertiary institutions.


Nigerian students have wasted many semesters at home due to ASUU strike (Photo: @OluObasanjo, President Muhammadu Buhari, Campus Reporter)
Beginning from the administration of former President Olusegun Obasanjo to the Buhari-led government, records show that approximately 15 semesters (that is, seven years) have been lost to ASUU strikes.

Below is the full list of times students have had to stay away from classrooms:

1999 - 2007 PDP

Amanda McCants’ biography: age, height, husband, movies, career
1999: 5 Months
2000: - 3 Months
2002: - 2 Weeks
2003: - 6 Months
2005: - 2 Weeks
2006: - 3 Days
2007: - 3 Months
TOTAL: 18 months and 3 days

2008 -2015 PDP

2008: 1 Week
2009: 4 Months
2010: 5 Months
2011: 59 Days
2013: 5 Months
TOTAL: 16 Months and 6 days

2015 - 2022 APC

2017: 1 Month
2018 : 3 Months
2020: 9 Months
2021: 11 Months
2022: - 5 Months
ASUU strike: Agitation begins for bill to bar children of politicians from foreign education

Majesty33:
This man is a desperate, stupid liar. All he wants is just to become president, that's all.

.

You should know he can't just be president and be sitting down all day without doing nothing so why abusing him ok tell me among his contestant the one that match up his achievement in the political game...

Don't add sentiments please just say the reality ..

I know OBI is write-off already .

Now compare atiku with tinubu what's and what have they done in this nation or let me say in their state so people can count them worthy to be voted for

lexy2014:
This is a good write up but if it was copied, you didn't state your source to establish it's authenticity.

FYI, NICON Insurance and Transcorp Hilton Hotel were all one and the same thing. there was never a NICON luxury hotel owned by government. Hilton hotel is a global hoteling chain. It entered the nigerian market with the then NICON insurance (owned by FG) being a partner and shareholder in the business, hence the name NICON-NOGA Hilton hotel. The hotel wasn't sold or privatised as it wasn't a government establishment. The govt at the time sold it's shares in the hotel which were held by NICON insurance to Transcorp. The hotel then became Transcorp Hilton Hotel. NICON insurance was sold to Jimoh Ibrahim. Jimoh changed the name of Meridian Hotel, a hotel in VGC Lagos to NICON Hotel which is now dead. I think NICON insurance is also dead.

So your claim that the federal government sold Transcorp Hilton Hotel and NICON Luxury Hotel is wrong.

Am sure there's some truth in most of what you stated, but I hope it's not all sensational as I have just pointed out with the NICON example

By the way, who are those who say are owing debts that are eager to remove this present administration?

How is the privatisation of 1999 to 2007 responsible for the current hardship and poverty in Nigeria?

Thanks for your response .
I didn't say it's responsible for the hardship and besides my idea was that how can an individual do such when he was in power with my brother OBJ . Now my father was part of the culprit then he lost his job and life was hard then in port authority.
For you to understand more better OBJ himself as the boss then still do mentioned it that ATIKU stole trillions and he doesn't worth any post again due to his bill conscience in nature .
My idea was that he is not suppose to be there again because this is the man from 2009 has been fighting and looking for a way to be president in his lifetime and at present as we all know he is not living in nigeria .. so tell me how can such a person knows what the nation is lacking


If the hotel you mentioned was a false that doesn't mean he has still passed the test because it's like someone failing 9 sums out of 10.
He will still fail us all over and over again ..

So i still prefer TINUBU but for OBi he is an inexpensive personel who doesn't even fit to compete because he has no record of job done when he was the ábíá state governor.

I hope am able to relay my pain about my nation Nigeria.

Fareke:
By Seun Opejobi

at Atiku ignored him and picked Governor Ifeanyi Okowa as his running mate.

https://dailypost.ng/2022/08/13/presidency-atiku-wont-allow-you-pull-down-pdp-dino-melaye-tells-wike/

How Atiku Abubakar started the Privatisation that made most Nigerians JOBLESS. Wicked People!


To those who don't know how the current hardship and poverty in Nigeria started, take your time and read this. Then investigate the owners of the companies that robbed the country of her assets, those are the devils you were warned about

Read;
HOW OBASANJO, ATIKU MADE NIGERIANS JOBLESS.

A. NigerDock is the largest ship fabrication yard in West Africa sub region. When it was sold, its Ex-MD Engr. Nkpubre Okon, openly stated how "Mr Job Creator" ignored the Transport Ministry then to Open bid for NigerDock.

Atiku's preferred bidder, 'Global Energy' that agreed to increase NigerDock's workforce from 4,800 to 6,000 as part of privatization agreement dismissed 2,200 immediately it took ownership. Jagal Group that took over after Global Energy lost out on power play also sacked 1,400.

B. Nigeria Port Authority reform was purely contrived to grab landed properties. 10,000 workers were sacked & 133 bids opened for NPA properties consisting of 68 properties in Apapa, 28 houses in Ikoyi. The highest reserves bid was for a property in Ikoyi fixed at N390.4 Million.

C. NIGERIA RAILWAY
Did Atiku forget how 7000 railway workers were sacked in 2005 without compensation to reduce its workforce to 6,300? Another 1,260 were fired in 2006. When ATIKU and his Headmaster were leaving in 2007, they left ~N5 Billion in unpaid Railway pension arrears.

D. FEDERAL SECRETARIAT IKOYI
In 2006, Babalakin's Resort Ltd acquired this 15 storeys prime asset overgrown with weeds from atiku and OBJ through a Development Lease Agreement (DLA) for N7.2Billion. A Court has asked Buhari to pay N54 Billion to Babalakin for that blunder.

The DLA, dated October 10, 2006, granted Babalakin Resort Ltd a 99-years lease to redevelop the Federal Secretariat complex, that OBJ & ATIKU had abandoned for 7 years into 480 luxury apartments. This was at the eve of their departure from government. The transaction was one for the road.

The DLA hit the rocks when Lagos State Govt in the interest of the public indicated willingness in acquiring the Federal Secretariat complex. LASG insisted it should be accorded right of first refusal since LASG is the Issuing Authority of the C of O, coupled with other reasons.

Lets not forget Atiku was in charge of the economy and OBJ gave him free hand until Galaxy Backbone scandal happened.

In 2002, first 3yrs of the Obasanjo/Atiku, manufacturing accounts for 6% of GDP. Nigeria's GDP fell by half for d first time in 20yrs. This was d year all textile factories in Nigeria closed down and unemployment was 28% within the formal sector alone; I repeat, alone!!

In 2002, UN estimated that 70% of Nigerians live below poverty line compared to 48.5% in 1998 under a military rule. Life expectancy fell from 54yrs to 51yrs. Two-fifth of every child below age 5 were malnourished and only 50% of the 128Million Nigerians have access to clean water.

copied:-
FACTUAL REPORT ON HOW ATIKU SUPERVISED THE SALES OF OVER 145 FG INVESTMENTS AS A VICE PRESIDENT !!!

Please any or all ATIKU supporters or his campaign structure are free to deny these submission with facts not sentiments.

“As Head of National Council on Privatization (NCP), from 1999, atiku dug Nigeria's economic grave for today's extreme poverty and unemployment.

There were over 600 federal assets when Atiku's NCP started selling.

Atiku should tell us who bought what and what was left for the country when he left power.
To who did Atiku sell the following companies:

Nafcon
Eleme Petrochemical
Daily Times
Ughelli Power
Egbin Power
NICON Insurance
ALSCON
Transcorp Hilton Hotel
NICON Luxury Hotel
Sunti Sugar Ltd
NetCom House
Bacita Sugar Ltd
MM2

In 2007, Onigbolo Cement operating at 500,000 tonnes per annum was sold to Dangote at N1.7Bn �

To those selling Atiku, let me remind you of Senate public hearing of August, 2011 which succinctly captures how Atiku through retinue of cohorts, fronts, shell companies, ring fenced over 70% of FG's assets through a brazen daylight robbery privatization that he supervised.

This is nothing sensational. Its real life facts and all the Senators are alive today.

The 2011 privatization Senate committee was made up of Senator Ahmed Lawan – Chairman, Senators Babafemi Ojudu, Philip Aduda, Mohammed Ndume, Ifeanyi Okowa, Hope Uzodinma and Mohammadu Magoro.

Lets look at Aluminium Smelting Company, ALSCON, that Atiku privatized.

ALSCON which Nigeria built with $3.2 billion, was sold to a Russian firm, Russal, for $130million. As of the time of sale, ALSCON had received $120million for the dredging of Imo River, but was never done.

When the Senate Sitting of August, 2011 asked the Russian company the whereabouts of the $120million dredging money, the company's Deputy Managing Director, Vitaly Kuzrestov, said that the money has been used for Environment Impact Assessment."

FG's Five percent share in Eleme Petrochemical worth USD27 million was never presented at the National Council on Privatization before it was sold to Indorama.

Indorama recovered this amount selling Polyethylene and Urea to the entire west Africa sub-region in just 14 months.

The Atikulate Business Theory: Sell to yourself Government assets that leaves millions in penury, to set up personal businesses that provides for a few. Atiku didn't employ the few hundreds he employed because he likes them, he needs them to work to preserve what he took from Government

A man who supervised sales of over 145 federal investments as a vice president, without a thought for today wants to be president.

He didnt revitalize them.

He didnt resuscitate them.

He sold them to whomever agrees to his personal terms

THOSE WHO STOLE YOUR 2015--2030 IN 1999--2007 ARE THE SAME THIEVES YOU ARE NOW ROMANCING TO COME BACK!!!

For how long will you allow a few to steal your future and your children's future and be giving you crumbs. Look at 1999--2007 everything we grew up to know were sold to themselves or the scrap sold for cash.

Nigeria Airways and their houses in GRA Ikeja, what happened to them? When we were growing up most of the houses in GRA Ikeja were owned by the Nigeria Airways and all now sold to whom?
Nigeria RE. The biggest re insurance company in Africa who bought it?
NICON Insurance who bought it ?
NITEL was sold for peanuts and killed by them so that their investment in AiRTEL, MTN,GLO etc will yield dividends
NITEL House one of the tallest in Marina was sold cheap to former Speaker Bankole.
What is the Status of National Stadium Surulere? Millions was budgeted for refurbishment by the sports ministry and nothing to show. Compare that stadium to Lagos State owned Thunder Balogun stadium and the difference is clear .
Nigerian National Shipping line? Where are the ships? They disappeared between 1999-2015
NEPA after Obasanjo spent $16 billion, they broke down NEPA to several units and sold it to themselves and NEPA is still not efficient while Atiku's Mikano Generators is powering Nigeria & her businesses!
Obasanjo/Atiku sold Port Harcourt Refinery to their cronies in 2007 and thank God, President Yar’ Adua reversed it .

All of these happened in the 8 disastrous locust years of the obasanjo/Atiku, Recession didn't just happen! They looted us into recession! I cannot stand and watch those who plundered the nation come back in 2023. Stop praising and voting for individuals who took your future away and stop them from coming back to steal your generation away

Nigeria has a population of 200million people we are told.

Our 2018 budget is 9 trillion Naira.

The Assets Management Corporation of Nigeria AMCON, the company that was set up to help the rich buy their debts, told us last month that, 350 Nigerians {out of 200million citizens} are responsible for 80% of AMCON's N5.4 trillion debt portfolio.
May be you did not hear that well!
AMCON said only 350 Nigerians borrowed N5.4trillion from banks, which they could not pay and AMCON came in to buy up those debts in other to save the commercial banks from collapsing.
To put that in perspective;
2018 Capital Budget is N2.4 trillion

2018 Recurrent Budget is N3.4 trillion

Add both capital and recurrent votes and you will get N5.8 trillion.

But 350 Nigerians, out of 200 million of us borrowed that same amount, they refused to pay and government came round to buy the debts over through AMCON.

The corporation also pointed out that, out of the millions of BVN numbers with the banks, only 100 BVNs collect 60% of bank lendings.

And this has left the banks with 13,000 bad loans worth 5.6trillion borrowed by "big men" who are now fighting to remove this administration so that they wont ever pay their debts!
Now, when they go to recover from defaulters like they did with Silverbird for example, the same cheated ignorant commoners are the first to cry fowl.
Some of the companies owing include:
Seaworlf Nig Ltd - 160billion
Arik Air - 300billion
Tanzila Petroleum Ltd 49.2billion
Resort Int'l Ltd - 36.3billion
Home Trust Savings - 25.75billion
Suru worldwide ventures - 24.4billion
Roygate properties- 23.26 billion
Ziglagsis network Ltd - 20.33 billion
Lexcap partners - 18billion
Anyiam Osigwe Ltd - 17.25billion
Silverbird - 11 billion
Wokson International - 5 billion

From the figures above:
Arik alone is owing more than the 2018 Ministry of Transportation budget which is N263 billion.
Seaworlf Nig Ltd, is also owing more than the 2018 Ministry of Defence budget which is N145 billion.

It's not rocket science which is a product of our contrived emotions not our lack of education is exonerating, encouraging and emboldening them to make desperate attempts to come back o power!

Enough of this madness brethren and sisthren!

May Nigeria Succeed!!!! COPIED!

Fira09:
ASUU won’t embark on strike under my administration – Atiku



https://dailypost.ng/2022/08/13/ASUU-wont-embark-on-strike-under-my-administration-atiku/

How Atiku Abubakar started the Privatisation that made most Nigerians JOBLESS. Wicked People!


To those who don't know how the current hardship and poverty in Nigeria started, take your time and read this. Then investigate the owners of the companies that robbed the country of her assets, those are the devils you were warned about

Read;
HOW OBASANJO, ATIKU MADE NIGERIANS JOBLESS.

A. NigerDock is the largest ship fabrication yard in West Africa sub region. When it was sold, its Ex-MD Engr. Nkpubre Okon, openly stated how "Mr Job Creator" ignored the Transport Ministry then to Open bid for NigerDock.

Atiku's preferred bidder, 'Global Energy' that agreed to increase NigerDock's workforce from 4,800 to 6,000 as part of privatization agreement dismissed 2,200 immediately it took ownership. Jagal Group that took over after Global Energy lost out on power play also sacked 1,400.

B. Nigeria Port Authority reform was purely contrived to grab landed properties. 10,000 workers were sacked & 133 bids opened for NPA properties consisting of 68 properties in Apapa, 28 houses in Ikoyi. The highest reserves bid was for a property in Ikoyi fixed at N390.4 Million.

C. NIGERIA RAILWAY
Did Atiku forget how 7000 railway workers were sacked in 2005 without compensation to reduce its workforce to 6,300? Another 1,260 were fired in 2006. When ATIKU and his Headmaster were leaving in 2007, they left ~N5 Billion in unpaid Railway pension arrears.

D. FEDERAL SECRETARIAT IKOYI
In 2006, Babalakin's Resort Ltd acquired this 15 storeys prime asset overgrown with weeds from atiku and OBJ through a Development Lease Agreement (DLA) for N7.2Billion. A Court has asked Buhari to pay N54 Billion to Babalakin for that blunder.

The DLA, dated October 10, 2006, granted Babalakin Resort Ltd a 99-years lease to redevelop the Federal Secretariat complex, that OBJ & ATIKU had abandoned for 7 years into 480 luxury apartments. This was at the eve of their departure from government. The transaction was one for the road.

The DLA hit the rocks when Lagos State Govt in the interest of the public indicated willingness in acquiring the Federal Secretariat complex. LASG insisted it should be accorded right of first refusal since LASG is the Issuing Authority of the C of O, coupled with other reasons.

Lets not forget Atiku was in charge of the economy and OBJ gave him free hand until Galaxy Backbone scandal happened.

In 2002, first 3yrs of the Obasanjo/Atiku, manufacturing accounts for 6% of GDP. Nigeria's GDP fell by half for d first time in 20yrs. This was d year all textile factories in Nigeria closed down and unemployment was 28% within the formal sector alone; I repeat, alone!!

In 2002, UN estimated that 70% of Nigerians live below poverty line compared to 48.5% in 1998 under a military rule. Life expectancy fell from 54yrs to 51yrs. Two-fifth of every child below age 5 were malnourished and only 50% of the 128Million Nigerians have access to clean water.

copied:-
FACTUAL REPORT ON HOW ATIKU SUPERVISED THE SALES OF OVER 145 FG INVESTMENTS AS A VICE PRESIDENT !!!

Please any or all ATIKU supporters or his campaign structure are free to deny these submission with facts not sentiments.

“As Head of National Council on Privatization (NCP), from 1999, atiku dug Nigeria's economic grave for today's extreme poverty and unemployment.

There were over 600 federal assets when Atiku's NCP started selling.

Atiku should tell us who bought what and what was left for the country when he left power.
To who did Atiku sell the following companies:

Nafcon
Eleme Petrochemical
Daily Times
Ughelli Power
Egbin Power
NICON Insurance
ALSCON
Transcorp Hilton Hotel
NICON Luxury Hotel
Sunti Sugar Ltd
NetCom House
Bacita Sugar Ltd
MM2

In 2007, Onigbolo Cement operating at 500,000 tonnes per annum was sold to Dangote at N1.7Bn �

To those selling Atiku, let me remind you of Senate public hearing of August, 2011 which succinctly captures how Atiku through retinue of cohorts, fronts, shell companies, ring fenced over 70% of FG's assets through a brazen daylight robbery privatization that he supervised.

This is nothing sensational. Its real life facts and all the Senators are alive today.

The 2011 privatization Senate committee was made up of Senator Ahmed Lawan – Chairman, Senators Babafemi Ojudu, Philip Aduda, Mohammed Ndume, Ifeanyi Okowa, Hope Uzodinma and Mohammadu Magoro.

Lets look at Aluminium Smelting Company, ALSCON, that Atiku privatized.

ALSCON which Nigeria built with $3.2 billion, was sold to a Russian firm, Russal, for $130million. As of the time of sale, ALSCON had received $120million for the dredging of Imo River, but was never done.

When the Senate Sitting of August, 2011 asked the Russian company the whereabouts of the $120million dredging money, the company's Deputy Managing Director, Vitaly Kuzrestov, said that the money has been used for Environment Impact Assessment."

FG's Five percent share in Eleme Petrochemical worth USD27 million was never presented at the National Council on Privatization before it was sold to Indorama.

Indorama recovered this amount selling Polyethylene and Urea to the entire west Africa sub-region in just 14 months.

The Atikulate Business Theory: Sell to yourself Government assets that leaves millions in penury, to set up personal businesses that provides for a few. Atiku didn't employ the few hundreds he employed because he likes them, he needs them to work to preserve what he took from Government

A man who supervised sales of over 145 federal investments as a vice president, without a thought for today wants to be president.

He didnt revitalize them.

He didnt resuscitate them.

He sold them to whomever agrees to his personal terms

THOSE WHO STOLE YOUR 2015--2030 IN 1999--2007 ARE THE SAME THIEVES YOU ARE NOW ROMANCING TO COME BACK!!!

For how long will you allow a few to steal your future and your children's future and be giving you crumbs. Look at 1999--2007 everything we grew up to know were sold to themselves or the scrap sold for cash.

Nigeria Airways and their houses in GRA Ikeja, what happened to them? When we were growing up most of the houses in GRA Ikeja were owned by the Nigeria Airways and all now sold to whom?
Nigeria RE. The biggest re insurance company in Africa who bought it?
NICON Insurance who bought it ?
NITEL was sold for peanuts and killed by them so that their investment in AiRTEL, MTN,GLO etc will yield dividends
NITEL House one of the tallest in Marina was sold cheap to former Speaker Bankole.
What is the Status of National Stadium Surulere? Millions was budgeted for refurbishment by the sports ministry and nothing to show. Compare that stadium to Lagos State owned Thunder Balogun stadium and the difference is clear .
Nigerian National Shipping line? Where are the ships? They disappeared between 1999-2015
NEPA after Obasanjo spent $16 billion, they broke down NEPA to several units and sold it to themselves and NEPA is still not efficient while Atiku's Mikano Generators is powering Nigeria & her businesses!
Obasanjo/Atiku sold Port Harcourt Refinery to their cronies in 2007 and thank God, President Yar’ Adua reversed it .

All of these happened in the 8 disastrous locust years of the obasanjo/Atiku, Recession didn't just happen! They looted us into recession! I cannot stand and watch those who plundered the nation come back in 2023. Stop praising and voting for individuals who took your future away and stop them from coming back to steal your generation away

Nigeria has a population of 200million people we are told.

Our 2018 budget is 9 trillion Naira.

The Assets Management Corporation of Nigeria AMCON, the company that was set up to help the rich buy their debts, told us last month that, 350 Nigerians {out of 200million citizens} are responsible for 80% of AMCON's N5.4 trillion debt portfolio.
May be you did not hear that well!
AMCON said only 350 Nigerians borrowed N5.4trillion from banks, which they could not pay and AMCON came in to buy up those debts in other to save the commercial banks from collapsing.
To put that in perspective;
2018 Capital Budget is N2.4 trillion

2018 Recurrent Budget is N3.4 trillion

Add both capital and recurrent votes and you will get N5.8 trillion.

But 350 Nigerians, out of 200 million of us borrowed that same amount, they refused to pay and government came round to buy the debts over through AMCON.

The corporation also pointed out that, out of the millions of BVN numbers with the banks, only 100 BVNs collect 60% of bank lendings.

And this has left the banks with 13,000 bad loans worth 5.6trillion borrowed by "big men" who are now fighting to remove this administration so that they wont ever pay their debts!
Now, when they go to recover from defaulters like they did with Silverbird for example, the same cheated ignorant commoners are the first to cry fowl.
Some of the companies owing include:
Seaworlf Nig Ltd - 160billion
Arik Air - 300billion
Tanzila Petroleum Ltd 49.2billion
Resort Int'l Ltd - 36.3billion
Home Trust Savings - 25.75billion
Suru worldwide ventures - 24.4billion
Roygate properties- 23.26 billion
Ziglagsis network Ltd - 20.33 billion
Lexcap partners - 18billion
Anyiam Osigwe Ltd - 17.25billion
Silverbird - 11 billion
Wokson International - 5 billion

From the figures above:
Arik alone is owing more than the 2018 Ministry of Transportation budget which is N263 billion.
Seaworlf Nig Ltd, is also owing more than the 2018 Ministry of Defence budget which is N145 billion.

It's not rocket science which is a product of our contrived emotions not our lack of education is exonerating, encouraging and emboldening them to make desperate attempts to come back o power!

Enough of this madness brethren and sisthren!

May Nigeria Succeed!!!! COPIED!

Nigeria didn't made a mistake they northern said they knew buhari has failed them but they will vote him again because his their brother... that's why yoruba too need to wake up to vote for their brother too so we can also enjoy some beneficiaries they do send to north then if tinubu is there then they should send it too to d western region bro

And again about shettima is TINUBU that choose him and not the north choose him themselves

franchasofficia:
Atiku is far far better than Buhari in all ramifications but Nigerians made a grave mistake of reelecting terrorist Buhari in 2019 instead of trying a new person like Atiku.


So unfortunately 2023 is not for the North neither is it for Muslims after Buhari a Muslim terrorist ruled for 8 good years.



It is the turn of Southern Christians to produce the next President of Nigeria.



Atiku should rather use his political influence to assist Peter Obi to become President and deliver Nigeria from the hands of evil Northerners plotting to rule Nigeria again using a senile old Bola Ahmed Tinubu who cannot stand on his own to address his supporters or answer anonymous questions from the Press.



Dear Yorubas wake up oh, Northern Jihadists want to use Tinubu to seize power because they know Tinubu's health and strength are failing him, so they positioned a Jihadist called Shettima to rule Nigeria using Tinubu as a front.



They want to pay The Yorubas back for what Obasanjo did to Borth via Musa Yaradua. Wake up my Yoruba people

29kobo:
Either Atiku is going to increase fees, and give universites autonomy...or he is going to find more money by raising taxes...

If he cannot do that, then he better forget.

Thank you my brother but if he raised tax the citizen will also yhell of bad government.
So atiku too can't do anything

yomi961:
Sai Waziri adamawa, A business man with a vision,mission and plans to rebuild and get Nigeria working again. Youths shine your eyes o.
APC means aka poverty, joblessness, nepotism, fascism and wanton killings
Meanwhile Atiku means education, jobs, unity, progress and above all restructuring

ATIKU is the worst because he will still sell 95% of Nigerians property and provide it to his own.. atikue sacked over all port authority worker during his administration and my father was part of it ..so till jesus come atiku can never be voted from my family memebrr

siant:
ANSWER MY QUESTION, IGNORANT

Are u angry y are u asking a vague questiom

Y

Strike high debt bad structure all what u mentioned was never the fault of present administration...

If u wish to know I will tell u why and what's are d essence of the existence....


But for Obi can you tell me his achievement during his tenure in his state of governance

SpecialAdviser:
My brother sometimes I wonder the manner of people we have in this country. Some unfortunate people have been pushing Tinubu presidency in narration to be of Yoruba interest.

It's unfortunate the people who claim to love their country are the real haters of Nigeria.

If Tinubu wants Yoruba to be president, why not support Osibanjo? If Tinubu wants a Muslim president, why not bring one young energetic Muslim Yoruba and support him?

Why on earth would some people think the mountains of problems already created by Buhari will be solved by one old man who hardly stand erect. Whose hands shake steadily.

Insecurities, high debt, strike, unemployment, inflation, poor infrastructure etc. How would any right thinking person imagine Tinubu to be able to stand to these numerous challenges.

All we can do is to watch them. Whatever the outcome we shall surely win. Posterity will judge all of us. My resolution is to do my quota and vote Obi next year. At least I will have good story to tell my children how I did my part to make the nation they found themselves good. Simple

You are blessed bro

PassingShot:
Wow!
The only wise man in Nigeria.

The present administration, if judged proportionally to the resources available and the results it has achieved, is still 100 times better than PDP it replaced. Argue with facts and not emotions.

Besides, everyone cannot agree on a candidate.

God bless you abundantly sir

You are truly blessed

IMPACT05:
2023: Tinubu is Nigeria’s only solution – Oluwo



https://dailypost.ng/2022/08/09/2023-tinubu-is-nigerias-only-solution-oluwo/

Yes that's true and it has been like that for years

Wintertime:
People needs to form local vigilantes or security

When I visited Lagos. Almost all the streets has local security or vigilantes .(sponsor by the local people)

Heard it became necessary, to help curb high strong minded armed robberies

Na wá oo this kind rainstorm ehn

blueAgent:
You are not much experienced from your writeup

Ok great can you educate me more??

No don't compare them i guess for babalawo and juju prist are still better from the angle of not everyone likes to go for it and which will prompt you to work harder and stop false believe of marine spirit disturbing your progress in life.....

But for the white religion almost 90% of population fell for the scam ...
So i think they are different concepts for comparison

emeernest:
That has always been the case with black man long before the coming of the white man & his religion.
Babalawos & juju priest have always exploited the gullibles. & presently most of those spiritualists have upgraded & repackaged as Pastors, Prophets, Imams etc just to remain in business.

So the problem is with the black man & not necessarily religion.

U too much my brother

desiredhome:
Prayers without work is dead......a lot of Nigerians are over gullible that is why Nigeria is poor despite all it has (suffering in the midst of plenty)
A gullible person is person who believe everything without thinking (easily deceived)....
So when you believe you can do fasting and praying for 21days believing that God will do it for you without thinking of what you can do for yourself.........
Nigeria is not a failed state, it's the gullible people in it that has failed........

siant:
PLS, WHERE IS THE WORD 'ARCHBISHOP' FOUND IN THE BIBLE?

use ur brain don't you have a dictionary and google access to use

You have spoken well it is only in nigeria you will see a church that will open on Monday morning to worship and I will be like really ?? When the country that imsport the religion to nigeria will be at the laboratory to test new discovery until nigeria stop from that thinking that's when we can move forward and be a better nation

klintoski:
https://journalist101.com/2022/08/07/archbishop-ibezim-many-talents-decaying-in-nigeria-due-to-excessive-prayers/

What I know for sure is that the igbos are far worse than d fulanis,the only difference for now is that igbos don’t have power but d fulanis have

Imagine someone without power calling Lagos a no man’s land

Imagine someone without power coming to your region n telling u how to live your life

Imagine someone without power enforcing sit at home where he has small influence

Imagine someone without power killing his people n other tribes in his region

Think about what igbos will do when they have power?
These people are far worse than fulanis,u will b a dunce if u believe igbos love u

They are only doing eye service because they need u for election,have u wonder y they no longer call Nigeria zoo?
Have I wonder y they don’t insult Nigerians again?

Give d igbos power n u will see real replica of unknown gunmen all over Nigeria

Then u will realize fulanis are learners

See tha moniker obidient4life defending ipob,do u think that one love u?

Ipob miscreants that hates u with passion are d same people hiding under obi because he’s ipob plan B

Open your eyes before nnamdi kanu will b released by Peter obi n he will carry out all his evil agenda on u

They ignored nnamdi kanu now cos they think their obi plan B will work,let obi lose n u will see d real hate they have for u

SteveDGreat:
I can't wait for the campaign proper to start . Nigerians will experience the kinda campaign they have never seen before .

We will turn campaign to carnival.
Everyday will be Campaign for Peter Obi .

Watch the video here


https://www.youtube.com/watch?v=am227n47B00

What I know for sure is that the igbos are far worse than d fulanis,the only difference for now is that igbos don’t have power but d fulanis have

Imagine someone without power calling Lagos a no man’s land

Imagine someone without power coming to your region n telling u how to live your life

Imagine someone without power enforcing sit at home where he has small influence

Imagine someone without power killing his people n other tribes in his region

Think about what igbos will do when they have power?
These people are far worse than fulanis,u will b a dunce if u believe igbos love u

They are only doing eye service because they need u for election,have u wonder y they no longer call Nigeria zoo?
Have I wonder y they don’t insult Nigerians again?

Give d igbos power n u will see real replica of unknown gunmen all over Nigeria

Then u will realize fulanis are learners

See tha moniker obidient4life defending ipob,do u think that one love u?

Ipob miscreants that hates u with passion are d same people hiding under obi because he’s ipob plan B

Open your eyes before nnamdi kanu will b released by Peter obi n he will carry out all his evil agenda on u

They ignored nnamdi kanu now cos they think their obi plan B will work,let obi lose n u will see d real hate they have for u