₦airaland Forum

Ambode should just retire this thief and move on. He has the money to do just that.

take over the legislators and finish Tinubu finally. Udom comes to mind ... but Yorubas are usually scared to act sha! See Fashola now. No bearing!

Stupidity is when you pay money to a Campaign Organisation and blot out the name. At least, you should have shared the name of recipients and the account numbers so that others can join you in donating to the account, but because you are a scammer like Buhari, you had to hide the details. Keep deceiving yourselves.

I wish Ambode can lose APC primaries. So that he can port to another Party and clean Lagos of every rats and cockroaches feeding fat on the peoples commonwealth.

Lagos one month IGR would be enough to chase out the old rogues in Lagos!!

The dullard and his masturbating zombies are hallucinating over something they know nothing about. What stops these people from publishing how much was given to banks and what efforts they have made to recover these funds? For the avoidance of any doubts, these funds were given to these banks to manage. They are like deposits and President Buhari and APC were never in the dark about it. See FOI request on this since July 2015, which Buhari has NOT RESPONDED TO: Our APC zombie and lazy yoots would rather blame PDP than use their heads.

APC and Obla of a scam would rather give you half baked news in the name of fighting corruption. Please, read below request to Buhari since 2015, which he never remembered:

"July15, 2015

President Muhammadu Buhari
Nigerian Presidential Complex
Aso Rock Presidential Villa
Abuja

Your Excellency,

RE: $7 BILLION ‘SOFT LOAN’ GRANTED TO CONSORTIUM OF BANKERS IN 2006 BY THE CBN

Civil Society Network Against Corruption (CSNAC) is a coalition of over hundred and fifty Anti-corruption organizations whose primary aim is to constructively combat corruption vigorously and to ensure the effective monitoring of the various Anti-graft agencies in the fight against corruption and contribute towards the enthronement of transparency, accountability, probity and total commitment in the fight to eradicate corruption in Nigeria.

On October 4th 2006, the Central Bank of Nigeria (CBN), through its Head of Corporate Affairs, Mr. Festus Odoko had disclosed that the CBN had apportioned $7billion out of the nation’s external reserves, which stood at $38.07 billion, as at the end of July, 2006, to 14 global asset managers and their 14 Nigerian banks local partners, to manage. The amount reportedly bequeathed to the asset managers represented 18.39 per cent of the total external reserves and was hitherto kept with foreign banks.

The 14 global asset managers and their local counterparts were
i. Black Rock and Union Bank of Nigeria Plc;
ii. J.P. Morgan Chase and Zenith Bank Plc;
iii. H.S.B.C and; First Bank of Nigeria Plc;
iv. BNP Paribas and Intercontinental Bank Plc;
v. UBS and United Bank for Africa Plc;
vi. Credit Suisse and IBTC Chartered Bank Plc;
vii. Morgan Stanley and Guaranty Trust Bank Plc;
viii. Fortis and Bank PHB Plc;
ix. Investec and Fidelity Bank Plc;
x. ABN Amro and Access Bank Plc;
xi. Cominvest and Oceanic Bank Plc;
xii. ING and Ecobank Plc;
xiii. Bank of New York and Stanbic Bank Plc and;
xiv. Crown Agents and Diamond Bank Plc.

According to the reports, CBN gave each asset manager, $500m of the external reserves to manage. Almost nine years after this pronouncement, no public report or account has been rendered by CBN on these the $500 million given to each of the banks. Also realizing that 3 of the banks (Intercontinental Bank, Bank PHB and Oceanic) were bought over by other banks and or liquidated between 2006 and now." - Copied


[b]This prompted CSNAC in a letter dated, June 17, 2015 (sent through IFEX Express Limited Postal service, with their assurance that the letter got to destination on June 25th, 2015), under the Freedom of Information Act, to request for information on the $7billion ‘soft loan’ granted to the aforementioned 14 consortium of bankers. Under the Freedom of Information (FOI) Act, 2011, which stipulates that such information should be received within 7 days to the applicants. However, till today ... after confirmation of delivery to the CBN governor, no acknowledgment or response from the apex bank has been received by our organisation.

The Bank’s non-response reeks of deceit and lack of transparency. Perhaps, those involved assume Nigerians suffers collective amnesia and will not remember. We do remember and we are asking questions without answers. CSNAC is hereby requesting that the Presidency probes this matter and inform Nigerians exactly what is going on or has gone wrong with the $7 billion soft loan.[/b]

Instead of Obla to come out and mis-inform the public, he should help ask CBN and Buhari to provide answers to the letter above and tell Nigerains where the proceeds of these deposits since they took office in 2015 have been received into. Also, most of the affected banks and foreign counterparts are still around. Why announce recovery plan before action Typical APC approach of crying "corruption fight" before reasoning!

elChapo1:
baba what is N117bn compared to the N15,000 compulsory loan your FG hoodwinked every Nigerian into owing China?

Do you mind them? APC and wolf-crying. How much is Nigeria currently owing.

When you borrowed N21B, $ was N160 and inflation was mere 5%, so you were owing $132Million, which you left for Fayose.
Now Fayose came and incurred N96B (which includes the interest on your N21B for 4 years), at APC imposed exchange rate of N361 and 15% inflation rate. In real terms, what Fayose added was $127M, calculated thus, ((N117 - N21)/361 * 0.333)). That is discounting impact of exchange, interest on earlier loans and inflation.

Fayose should borrow additional N13Billion to pay workers and let Fayemi know it is a round figure of N130 Billion. Then when Fayemi leaves, we can put Ekiti up for sale in Boko Haram slave market!

GAJIT:
Different operations with funny names like: LAFIA DOLE, PYTHON DANCE, CROCODILE SMILE, etc. This their being sacked from their based would be called operation BOLT RACE! :DDifferent operations with funny names like: LAFIA DOLE, PYTHON DANCE, CROCODILE SMILE, etc. This their being sacked from their based would be called operation BOLT RACE!

No OPERATION CHEETAH BOLT

lakesider:
The source is Lai Lai news... There is nothing of such. This news is 100 % lie. I just called a friend living there. Sponsored by rubbish people.
Don't you know that news of this nature weakens the economy and demarkey Nigeria, the effect of which will continue for many years

Go to Gudumbali and join Buratai to do press up.

Why are Nigerians so naive? OP successfully scammed his newly registered username and post to fp, fooling mods, commenters, etc.

This is just the imagination of a lazy 'yoot' and several other lazy 'yoots' fell for it. Little wonder APC succeeded in 2015 .

sarrki:
Sentiment apart, I keep wondering how any politician of northern extraction will convince the massive followers not rented or bought over Against Muhammadu Buhari

The old man is displaying a praying mat with Pmb on it


This are people with pvc

Not online analyst

They are not on Facebook,Twitter, instagram,Nairaland or any form of media aside radio and in some cases tv

Please let’s have a fruitful and productive engagement on this

Op, let me burst your bubble!

I guess these people were alive in 2003, 2007 and 2011 when Buhari lost elections! If yes, you made no point.

In 2015, with all the North supposedly behind Buhari he only beat GEJ with just 2m votes. So leave matter because that 2015 massive support is gone down the drain. APC have squandered the goodwill on the alter of failure.

In 2019, the massive support would be far less than 2015. Do not forget that opposition will be fielding a Northern Muslim; not a Southern Christian. Again, middlebelt is now totally out of love with Buhari, quite unlike in 2015.

Also, like Atiku made clear, APC getting presidency in 2015 was because nPDP was massively helpful. So, just chill!

Lastly, in 2015 APC charmed people with Change mantra. Unfortunately, people have now realised they were deceived or that what they got was CHAIN instead. So bro, wake up and smell the coffee!

Am just imagining what Reno will tweet tonight. Buhari pele ooo in advance

Beware of cars45 whether selling or buying. Just beware. Thats all I have to say. He who has ears let him hear ooo

ojobek:
Dogara/fashola and not fashola/Dogara.bigot Westerner

Unfortunately, I may be same tribe as you.

tballeyy:
Who is Fashola and Dogora, those useless thing

What made them useless? Do you have facts to dispute their credentials?

If APC really want to make impact in Nigeria and more importantly the next elections, APC should consider a Fashola-Dogara ticket.

Let us jettison this useless thing called zoning and seek the best to manage this country. Buhari should realise that he is too old to lead Nigeria and so should retire honourably instead of seeking re-election. His performance todate has not been the best. We need the best, not average in 2019.

Let ethnic jingoist go and rest please. The world is moving forward and not intetested in who wins tribal wars. Tribal wars belong to medieval periods, so all ethnic nuisance should retire to their respective enclaves.

Dreadedmaze:
From Oshodi in Nigeria you saw Karius selling match in faraway Kiev. Since you have such a gift help us check 2019 if Buhari won the election biko. Let me hasten my visa movement.

Buhari will lose 2019 elections but unfortunately, unlike Jonathan, Buhari will not conceded. Rather, the INEC, Police and judiciary will be used to scuttle democracy. This is predicated on current happening in the political sphere, not some esoteric revelations.

jerrythafinisher:
Dude just succeded in betraying liverpool ... Judas Is karius

Abiooo Judas loris-Karius

."....Since Gov. Joshua Dariye joined APC his trial with EFCC stopped like a train with a knocked engine. Since Gov. Orji Uzor Kalu joined APC his trial with EFCC suddenly got a new break pad. Since Gov. Sullivan Chime of Enugu joined APC his trial with EFCC developed a cataract Since Gov. Isa Yuguda joined APC his trial with EFCC suddenly developed hearing problems. Since Senator Musiliu Obanikoro joined APC his trial with the EFCC suddenly developed malaria. And Buhari is Mr. Integrity? God will punish some people soon and send them to hell fire..." FFK

Above is enough to call Buhari's anti-corruption fight NEEDLESS & USELESS!

front5line:
Is it well with your father ?
God bless someone with the presidency of a country you are hating. What as your father achieved in life ?

Who is your father self ? Let’s start from there.



And your unknown father is what ? A sadist or a pathetic tribal bigot like every of your kinsmen filled with nothing but hate against every other tribe in Nigeria beside yours.

What a pathetic write-up. When shall we out-grow this ethnic biases and face real issues affecting this country? Actually, our youths are "uneducated".

NaijaFutbol:
you stop work in 2015...
you start work in 2018...

...To be voted for in 2019

hardywaltz:
Is there any country without debt?
Moreover please what has foreign Reserves got to do with ur debt profile?
A lot of you make the mistake of thinking foreign Reserves is a form of savings...
Hello wake up, the foreign reserves belongs to us all not the FG.
It's what we use in paying for all our imports

So then why amass foreign debts if your reserve is just for import?

NASTYNASOSO:
Nigeria now has the largest foreign reserve in Africa


Nigeria is leading three major African countries in foreign reserves as at Monday, May 7, 2018, as the country's gross earnings hit $47.80 billion, according to data seen by Business Insider Sub-Saharan African from the nation's central bank.


Nigeria, which recently emerged from its worst economic recession in over 25 years with less than $21 billion in foreign reserves, has built up its reserves massively over one and half years to become largest in Africa by beating South Africa, Ghana, and Kenya in external reserves with total net reserves of $47,804,549,761.


External reserves of major African countries

Ghana's reserves declined to $6.9 billion in April 2018

Kenyan forex reserves close to the double-digit as at April 2018 at $9.50 billion

South Africa’s reserves at $43.115 billion in April 2018

Very miopic analysis! So if you borrow N50m from Gtbank and deposit it in Zenith Bank you have now become richer than your neighbour who has N5m in Zenith Bank without debt!

Go and check how much Buhari regime have borrowed and our current indebtedness. When you do, net it off the "reserve", then come and post your result and compare with rest of Africa.

MadeInTokyo:


APC should forget this election

Fayemi has no electoral value in Ekiti politics

Trouble!!

Oturugbeke!

Tinubu may opt out of the unholy union if he loses this one. He lost NASS leadership, lost Ondo governorship and looks like this is also going.

#LazyNigerianYouth, do you have your PVC?
It smacks of laziness and lack of education if you come on social media to shout and make noise about poor and insensitive leadership if you have no PVC.

Please, go and register now. Do not wait till it becomes too late. These crop of leaders we have had free education, good boarding school facilities, had opportunities to study abroad at government expense, had automatic employment on graduation. Today, the youth have to provide all these for themselves. Yet our president calls us lazy and uneducated. These politicians whose children do nothing than ride expensive bikes and drive exotic cars are already positioning their children to rule over you.

Now is the time to make the difference. Go and get your PVC. Statistics show that more almajiris have voters cards than our educated youth. This is why our president can trully call us illiterates. Our youths do not vote. The few that do, collect N2k from these politicians only to come on social media and complain for 4 years.

Imagine a country of 180m people out of which 60% are youths and children. That is over 108m. Assuming youth of voting age is just 40% and children 60%, then we have an army of about 40 million voters. How come an octogenarian is ruling us in Nigeria? How come we are not able to have a strong voice? How come all our leaders are people of above 70? How come men and women who long retired from public service still rule over us? Like Charlieboy says #ourmumudondo!

Go and register and let us change Nigeria!! Preach this in your schools, communities on all media platforms. Let us retire these old politicians.

Where do pple who validate their record go and collect their card?

Kenkuss:
Ameachi Rotimi still waiting for ur monorail in port Harcourt. U just wasted Rivers people money

Do you mind the jester? He used all Rivers money to buy presidency for the North with a promise of fanthom coastal rail. Now he is just being tolerated!

fendorf:
Thank you pmb

God bless Jonathan. Buhari should do the right thing for once by allowing GEJ do the commissioning

Firefire:
Terrorist Organization...

aka what?

THINKING ALOUD.

In the fullness of our present realities, we need to cooperate with President Muhammadu Buhari to complete his term of office on May 29th, 2019 and collectively prepare the way for new generation leaders to assume the mantle of leadership of the country. While offering this advice, I speak as a stakeholder, former president, concerned Nigerian and a patriot who desires to see new paradigms in our shared commitment to get this country running. While saying this also, I do not intend to deny President Buhari his inalienable right to vote and be voted for, but there comes a time in the life of a nation, when personal ambition should not override national interest. This is the time for us to reinvent the will and tap into the resourcefulness of the younger generation, stimulate their entrepreneurial initiatives and provoke a conduce environment to grow nationalz economy both at the micro and macro levels.- IBB

dapsoneh:
Hmmmmmm... Pastors at work... But wait man, only 11 times in 10 years and 3 children, yet u stayed that long.... Its not adding up mam

Abi ooo! You had sex 11 times and produced 3 children. Going by your fertility profile, you would have gotten additional 3 for Freeze or is he also an 11th time player?

Some lies are better not made public as they end up rubbishing the entire story.

GavelSlam:
Tell that to the Npower beneficiaries.

If you are not lying to yourself would you not conclude that power supply has improved?

Am I to pretend as if Boko Haram does not predate him?

Are you all forgetting how radio and TV stations were shutting down before 8 pm whilst the last government was in power?

Are we so forgetful that we can't remember NO I borrowing to pay salaries whilst asking the nation to brace for impact , even as oil sold at above 70 dollars per barrel?

If only you would bury your hate you would find that he has done a good job indeed.

Please sir, just check all comments. If everyone else is wrong and you are the only one seeing Buhari's achievements, it is either of two things. Either you are confused or just not telling yourself the truth. Check again! Pèlè!