₦airaland Forum

banmee:
I don't think you understand what is going on in Nigeria. You may have stemmed the flow of terrorism temporarily, but you have managed to create more monsters. In a normal army, most of the Nigerian soldiers would be in jail. The war against BH in Nigeria is not the way Soldiers fight. Nigerian Soldiers are no more than a bunch of vigilante groups given uniforms and bundled together.

Hmmmm

A warrior doesn't wish for war because he knows what it takes but cowards do because of their ignorance. ..

E be like say old age dey worry this man.. Are ojukwu and Nnamdi Kanu Yoruba abi how Yoruba take dey push dem to secede na.. If dey want to go make dem go na. Yoruba will not leave vacuum in their system because they don't want to see to have taken over igbos business after they leave. Life continues....

MadamExcellency:
Let's not change the subject of this discourse.

Our Legislators have been ridiculed, battered and disgraced for nothing other than mere gossips.

What becomes of their families (relatives, wives and children)?

What about their Career and public image?

Just put yourself in their shoe to know how it pinches.

Can you imagine being accused of rape in school by a lady you know nothing about and the University Senate approves a guilty verdict by a kangaroo panel and it was pasted on the University Bulletin Board? What will your parents and kinsmen think of you?

It is painful and disastrous to imagine.

My brother this is beyond being emotional. They could make things worse for the US just by going to court if they think they were accused wrongly. Law and emotion does not just go together. I'm not saying they were actually guilty of the accusation o but I think they should know the right thing to do.. Infact I still dey wait when our legislooters will summon Buhari...

damon222:
As at now, ie Buhari tenure, three of my tenants have loss their jobs and cannot pay my rents. I am a pensioner. This has never happened before. If you are sincere, just look at everywhere, can't you see troubled faces? People are groaning for this hardship because this stupid dry and finished human being you call Buhari is the most incompetent president. Go to the north and ask of all the Amajiri schood (both primary, secondary and universities) build by GEJ. The rail Amaechi and that dumbest buhari is claiming and rejoicing is the work of GEJ. When Buhari was sworn in, it took just four days for him to rush and shut down the Marine Univerisity. Just few minutes him to declare the 5% war against the south south. I beg, Buhari has a stone brain.

I agree with u that things are very difficult but this is beyond Buhari or anyone who might emerge in the 2015 election.. We are suffering from our past recklessness in spending especially under ur so called hero gej who doesn't know his left from right. What saved ur hero ass then was just boom in global oil price which he should have made good use of to save enough for the country but instead turn himself to father Xmas... If u want to be sincere with ursef u will agree with me that effort to diversify from oil is being made by this govt..

iwadobo:
Until Sahara reporters gets the mandate , containing the name, address means of identification, passport photograph etc , of the account from which the money was wired to jefferson, I won't take them serious as far as this case is concerned . There is no account without a mandate and no one can wire money from any bank except an account holder. If the government has nothing to hide in the case, let them compel the bank to publish the mandate of the account from which the money was wired to jefferson. But ,can the anti corruption czar do that? There is no other Aisha buhari anywhere in the world other than the one we have with us here. The USA, with adequate quid pro quo can be coaxed into not arresting her , especially with high level assurance that Buhari won't tamper with his allegiance to the US

What u think doesn't matter my brother. U are just a somebody. U are not even recognized beyond ur neighborhood. Continue wailing jare...

Aisha will not go to US to disprove Fayose.. she will go when the need arise... Wailers should save the date. .

musicwriter:
Thank you!.

I wanted to say something along this line when I saw your response.

China generated over 50,000 MW with about $300 Million and here we want to generate little with over $1 Billion!. If the FG give me just $10 Billion I'll solve Nigeria's electricity problem, cause I've discovered myself ''electricity generation is no rocket science'' as you said.

I've built a water powered electricity generator, the first in the history of the world. It's so simple I believe there's an eternal conspiracy to surpress the science by the electricity companies and the powers that control the system of things of this world.

Follow me cause I am going to post the technology here on Nairaland pretty soon.

wake up pls... are u sleeping?

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damon222:
I like the zombies like you. Always supportive. When there so much confusion and groaning every where, zombies are always supporting provided it is about the most dumbest dunce and certificateless one.

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I wonder if u guys derive pleasure in spewing zombies all over NL all the time.. Can't imagine some ppl like hearing bad news abt the country all the time just because d president is not from their region... I wonder what u gain from the 6yrs ruling the one u call ur son had...

cnwokike:
Please be reminded of the various appointments by these two...

Abeg appointments no be food joo....

Budget 2016

On the projected implementation of 2016 budget, the Finance Minister said: “The projected rate of implementation of the budget, I found out that is the difficult question to answer simply because there are quite a few moving parts in terms of our revenue and many of our revenues will come in quarter three.

“For example, most companies’ year end is December, so it is from September that they begin to pay their taxes for the year. So I think I have a clearer picture a little bit and if you don’t mind, we could defer giving us specific projections.

“But I am very confident that we will do very well, at least, we will do over 60 per cent, based on projections, but I think that our revenues will be better if the economy sustains its trajectory.

“What are areas of priority, I think we have been fairly consistent that we needed to invest in infrastructure and in our releases, we have tried to prioritize those areas and also to work with seasonality.

“For example, Works Ministry needs to have their money during the dry season because during the rainy season, works stop and we are trying to execute the releases to ensure maximum impact.”

Asked by the Senate on when the 2017 budget would be ready, Adeosun said: “On the 2017 budget, I believe the Minister of Budget and Planning has started working on putting that document together.

“The question about the interest of Nigerians, I think it is a very good one. Job creation and reserves. One of the things that I mentioned that we have done is release this money for the first time for the social intervention programmes.

“We have released N15 billion of capital and we put in N5 billion this month for recurrent and so that recurrent will continue to increase as they roll out the implementation of things like duty calls, agriculture extension workers and other job creation initiatives.

On borrowing, the Minister noted that the government was borrowing locally, with plans to go international later.

“We have been borrowing largely from the domestic market because we needed to get the exchange rate sorted out to enable us borrow from the international market.

“International borrowings will begin to come in quarter three, that is always our projection. We would take initial money from Nigeria as we sort things out and we go on the road to borrow internationally.”

http://www.vanguardngr.com/2016/07/its-official-economy-in-recession-fg/

“This is because the policies that we have would ensure that we don’t go below where we need to go and I think with what we are doing, we would begin to turn the corner I believe by third quarter.

“I can confirm that there is no more subsidy, it is a market-driven price and, indeed, one of the good things that we are now seeing is that prices have actually come down. There is now competition among filling stations for market share, which is a good thing. It means that overtime, the market would continue to correct itself.”

Answering questions on the recent statement by the International Monetary Fund on the nation’s economy, the Finance Minister noted that the government was not disturbed over such remarks.

She said: “I am not too worried about the IMF projection, I will tell you why, because one of the functions of the IMF is global economic surveillance. They equally issued a negative report on Britain as a result of Brexit. I don’t think we should panic every time IMF speaks.

“I think we need to be confident around what we are doing and where we are going. I remain extremely confident, as I said around Nigeria, IMF has given their projections which is, we may continue into negative territory and I am not sure what we have seen suggests that. Agriculture output seems to be going up. If you even look at inflation, which is very high, the one for this month reduced and that tells you that things are moving in the right direction.

“If you look at what is happening in the petroleum sector before subsidy, we were subsidising around 45 million litres of fuel a day. Now without subsidy, usage has dropped to 26 million litres so what does that tell you?”

ABUJA— MINISTER of Finance, Mrs. Kemi Adeosun, yesterday, painted a gloomy picture of the economy when she appeared before the Senate, saying the country was already in recession.

This came as Minister of Budget and National Planning, Senator Udo Udoma, gave a ray of hope on the current economic quagmire, noting that there were strong indications that the economy would rebound from later this year to early next year.

Adeosun briefed the Senate on the state of the economy and issues relating to the implementation of 2016 budget, as well as the Monetary/ Fiscal Policies adopted to salvage the present economic situation. She also said President Muhammadu Buhari’s government inherited what she described as negative reserves and salary and wage bill of N165 billion.

The Minister equally told the senators that so far, the government had released capital votes of N247.9 billion, with plans to release an additional N60 billion very soon, even as she disclosed that the Federal Government had released N74 billion to Ministry of Works in the last two months, compared to N19 billion the ministry received for the whole of 2015.

She said: “Technically, in economic terms, if you have two periods of negative growth, you are technically in a recession. But I don’t think we should spend too much time on that, we are in a tough place.

“Whether you call it recession or not, we are in a tough place, but the most important thing is that we are going to get out of it. Technically, we are in a recession, but I don’t think we should dwell on definitions, I think we should really dwell on where we are going.

“Everything we are doing is moving outside of it, our social intervention programmes have been funded, those of providing reliefs to the very poorest, right down to every single local government would be touched by that programme.

“We have started and we will continue with it. We are not the only country in recession, many countries are doing far worse than us. But for Nigeria, what Nigerians want to know is ‘how is that going to affect me and I want to assure everybody that what we are doing is going to work and it is going to turn this economy around.”

She said government had released N21.9 billion to the Agriculture Ministry, compared to the N4 billion the ministry got last year, adding that transport got N22 billion, compared to the N6 billion it received last year.

On whether the releases were backed by cash, the Minister said: “The releases are fully cash-backed. We have stopped the practice of releasing or approving releases that are not cash backed. We have changed that process; we now start from the position of how much cash do we have and then we release appropriately. So, all releases are cash-backed.

“We predicated the budget on N197 and the rate is now N280. The impact will be on the revenues because when the actual comes in at N280, what will simply happen is that the revenues in nominal terms will increase and that will flow through into the revenue performance.

“What will happen is that the amount of the deficit will go down because the revenue will convert dollars to naira and will give more naira into nominal terms, so that will be the impact.

“I think at a time like this, blaming who was responsible doesn’t actually take us anywhere but I will tell you what I inherited. I inherited very little by way of reserves, I inherited significant debt, contractor debt, cash calls of $5 billion outstanding to the oil companies.

“I mentioned the cash calls of $5 billion outstanding to the oil companies, I equally mentioned the fact that many of the contractors, even though we have paid them N107 billion, find it very difficult to work because they are owed and some of them have not been paid since 2012.

“Their claims are over N390 billion. So, I didn’t inherit reserves that are positive. I inherited reserves that tend to be more negative than positive because the economy is actually in very good hands and we are doing absolutely our best to get through this difficult period.

“I explained how we are doing that, we have been extremely disciplined around our spending, we are investing in essential infrastructure. We have released N74 billion to Works in two months, compared to N19 billion for the whole of last year.

“We are doing everything possible to avert and to manage the situation which we didn’t create unfortunately, but which we inherited and we as a nation, must all get out of.”

The Finance Minister, who expressed optimism that Nigeria would get out of the recession, since it was not the only country experiencing this at the moment, said: “ I think if we are in recession, what I will like to say is we are going to come out of it and it would be a very short one.

teebillz:
"properties traced to Mr. Dambazau have an estimated value in excess of three million dollars in the US alone."

Properties = Houses

Property = House

Does this help?

No it doesn't. Why not show us the said properties instead of one outdated house... It's even better if they don't show any picture at all...

I'm not supporting corruption o but to be sincere this house is not worth that amt...

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DONMAYOR19:
you get light presently? if you lie you go die this night and na hell fire straight you go for enter.

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joyandfaith:
dollar is now 299 from 199, that is 50% devaluation.
expected revenue in june is 305billion +50%*305 billion=457billion.
there is improvement in tax collection.
buhari well done.

Pained ipod yoot.. Sorry ehn

DONMAYOR19:
how can useless people be far more relevant than you? u need humble yourself and think about your life. go Creek go bombard them if you will live to tell the story of what will happen to you, na ordinary boy go finish your life with slap for where you go see welcome to Delta state before you reach oghara. please make sure you and that your government write your will before una embark on the journey o. my 1 cent to you.

Go and sleep Oga...

Abeg govt should bombard this useless ppl already... No time to dey negotiate with criminals...

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sammhi:
Your response shows two things
That you are either ignorant or plain hatred
Unfortunately, law does not recognize ignorance or emotions
Your hate for Fayose becloud your sense of reasoning ..,,
Supporting tyranny won't make you any richer than you are

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Is that Mr lere Olayinka?

ellovee:
It is in this APC led federal government that I'm seeing this manner of fight against corruption in which accused persons will arrested and detained b4 sourcing for information to prosecute him with. The annoying part is that they will detain the accused, torture him and force the person to make statements that will indict him.

Have u bin invited by d efcc b4?

babajero:
Before you write trash, check all the people that make up biafra they are all christians unlike south sudan where some few people has already adopted islam before the break-up, and those muslims are the ones been sponsored by sudan to make problems, just like what is happening in the south west today, where federal government is killing the yorubas and tagging it on niger delta militants so that the two regions can go to war.

U must have done ur research so well to know that the fg is behind the killing of yorubas... . Truth is bitter my brother... Kontunu. .

nell3:
the fear of biafra is the ............ guy why are you yarning dust. Face topic and leave biafrans alone

Truth hurts brother...

limeta:
What is right is right
As long we remain one Nigeria
NDA then have the right to take their business to any part of the country.

E be like say bomb dey ur head.. .

nefertitiram:
This is a civil case, not a criminal case.

When those blackheads sued Buhari in the certificate saga, where were you and your constitutional violation?

When EFCC sues Fayose, then it is a criminal case, which Fayose has immunity from.

Exactly my point.. that guy mouth na tap..

cktheluckyman:
I no get sense baa? What has been the impact of Fashola,Kemi,Emefiele and Buhari on the economy!!! Fashola and Kemi would go down as the most incompetent ministers of Power and Finance respectively in the history of Nigeria.!!! Buharo has always neen daft anyway so no one expected anything from him except zombies!! Emefiele has also been fumbling since Okonjo-Iweala left.

U and this ur okonjo-iweala. Remember she predicted this doom for Nigeria when ur hero refuse to save for the rainy day but rather enjoy being father Xmas....

http://www.vanguardngr.com/2016/04/nigeria-had-no-political-will-to-save-under-jonathan-okonjo-iweala/

Had gej won the last election, all this kind of act would have bin swept under d carpet even in the face of this economic recession.....

mej67:
When will Amaechi be sacked

Free world.. Walk up to d efcc and present any evidence of corruption u have against him..

jrusky:
Commandant for infantry I guess my brother from West will be jumping up now The only left over now being given to them to keep shaving their heads and ready to die for Hausa and Fulani so is Infantry Commandant that suit you people isn't after all plums post gone

I bet it this guy won't stay too long in that post please quote me and watch the drama.

Ipobs and useless comments are like..

Sorry is this man paying his workers salary?

zanebaddo:
Umuchineke is at it again afonjaz and Dan fodios how market

Funny he was taught by the so called Afonjas...

micchi:
This northerners are one they watch there brothers back yet yet they keep fooling others with there lies and propaganda imaging somebody that's Say's i belongs to nobody but belongs to everybody is favouring one particular tribe more than others and zombie's keep supporting him in pain's and hardship I weep for my country

Abeg swerve with this tribe issue.. Who tribe don epp..

snoopdg:
This drama gets merrier, those goading Fayose on are not helping him, APC may be up to no good in their thoughts but they should tell Fayose the truth - his brand of opposition is barbaric, he's has no technical capacity to to withstand the trouble he's gotten himself into, he's counting on his charisma, thuggery and the impoverished people of Ekiti Who by the time he's facing the music would have gone looking for what to eat.

Gentlemanness may not be a virtue in the Nigerian politics but brazen stupidity is not a replacement either.

The Gov wike and Co who have resources behind them aren't even talking to rough to the FG or efcc, what even makes him think the people of Ekiti loves and are with him, could he have won the election with the massive cash he got? If he's reasonable is a man, is that how a Yoruba son treats elders? Did Tinubu tackle Obasanjo this way back then when he didn't get allocation from the centre?

Just sad his immediate family will suffer it, let the Lere olayinka and the hungry sycophants hail him on, FFK can tell him his experience, Obanikoro knows what it means the why he's avoided the country.

I tell u my brother.. his way of opposition is just disgusting.. Even saraki who should be more aggressive just declare his loyalty to APC...