₦airaland Forum

The LASG under the FASHOLA administration has pointedly refused to pass freedom of information (FOI) legislation at the state level, despite the fact that an APC (then ACN) lawmaker pushed for this pro-people bill at the federal level. Can we see the contradiction and the deceit here? Despite Goodluck Jonathan's faults (and they are legion), he signed the bill into law at the federal level. This is the same legislation that Mr. Fashola and the LASG have fought against, tooth and nail at the state level.

The minimum requirement of any government that purports to represent the people is transparency. Any government that cannot conduct its affairs in a transparent, open manner is not fit to be in office. Mr. Ambode and the state party machinery behind him represent the worst kind of hypocrisy - a hypocrisy that demands certain standards of the federal government and yet inexplicably eliminates those standards at the state level.

In the run up to the gubernatorial election on the 11th of this month, it will be clear to voters in Lagos state that their future is in their hands. Let the revelations begin.

Toks2008:
Im sorry to make this obvious but if you look at most people clamouring for JK you will observe that they are neither yorubas no Lagosians so ordinarily they wont give a bleep if Lagos becomes stagnant as they can always go back to their home town.

I urge every true Lagosians to Vote for Akinwunmi Ambode. This guy have served Lagos even longer than TInubu and Fashola so lets give him the chance to consolidate on his meritorious service for years in Lagos state.

^^^


Strange.

There are lots of people who ARE either Yoruba or Lagosian (or both) and who DO support the PDP candidate. Lagos state has millions of non-indigenes who work and spend in Lagos. They pay taxes to the LASG and what a state that is livable. These people ARE stakeholders in the Lagos project.

It is strange to deride these stakeholders and make base appeals to 'true Lagosians' (whatever that means) to vote for your preferred candidate on the strength of a one liner. What exactly has your candidate done? That should be your focus.

MayorofLagos:
I like these inputs.

However, you guys forget that Jonathan turned out that way because his administration was layered with Ibos. He himself declared proudly they are pillars of his administration. All the scandals in his administration were all in cabinet office with an Ibo at top.

Jonathan was not the nemesis....his pillars who were all out to avenge Biafra defeat brought us to this point.

You guys are quivk to dismiss and overlook.....while Ibo perch and wait for opportunity to pounce and assault.

What they did in Jonathan administration is no different than the way they destroyed the nation in the 60s. We need to get away from no "victor no vanquish" attitude and repose for a true democratic spirit of "winner takes all".

What you guys said is good and altruistic....only if the people it is meant for share in the belief of team spirit....and not superiority!

^^^^
Hollow words. Empty as hell.

You did everything within your power to start a shitstorm but your 'victims' refused to take the bait.

As I always say on here: anyone can claim to be anyone or anything online. There is nothing to prove you are who or what you claim to be (or would like people to believe).

You and those who think like you (and you and your ilk can be found across all ethnic groups in this place) hide behind computer keyboards to curse out your 'enemies'. I don't have time for your rubbish.

On a day like this when Nigerians are taking small steps to make their voices heard, you have decided to peddle the same old horseshit.

Grow up. Fast.

I have heard of this before - like some posters said - these soldiers were said to have been deployed in port harcourt at the height of the militancy 'problem'. I immediately dismissed the story as nonsense but an old friend who lives in PH confirmed it.

I have no idea how and why padlocks were drilled into these men's lips but my friend said he saw them with his own eyes and he is not a fellow given to frivolities.

Strange.

chronique:
There are always several ways to tackle an issue under decision making theory. He who is saddled with the responsibility just needs to carefully identify all the available options,list the possible outcomes of alternatives forgone,select a decision making technique he's comfortable with,apply it,review the outcomes based on the technique used,make a decision and recommend and action to be taken. She's the finance minister and I'm in no way near her standard by virtue of academic qualification or work experience when it comes to dealing with macro-economic issues but I believe with her experience,she'd do what's best for the nation.

^^^^
The first 4 lines of your post above shows the sequence for logical, rational, scientific behaviour in problem solving. The 4th and 5th lines also shows the modesty that comes with realizing one's limits in a subject area in which one has not acquired extensive training or experience. Almost perfect. The only thing missing is the healthy skepticism that should accompany your scrutiny of policy and those who execute it. Which is why the bolded part of the last line in your post is so alarming.

There is a Russian phrase which gained prominence during the Cold War: "Doveryay, no proveryay". Trust but verify. I urge you to apply this expression in your assessment of the Honourable Minister and the work she does. The track record of Nigerian technocrats and policy chiefs should have purged every adult Nigerian of the kind of faith you have in Mrs Okonjo Iweala. I crossed the line from healthy skepticism to cynicism a long time ago and I have no regrets. None.

chronique:
Now,there are things basic economic knowledge would teach you,and there are things you can't know if you haven't studied managerial economics and practised it to an advance level. That's why I'd say you should give it to her. The decision to source a loan to defend the naira must have been carefully looked at,before making it. Don't forget that prior to this time,we've been spending our reserves to defend the naira.

^^^^

Again sir, you exhibit your almost religious faith in those who purport to decide on our behalf. Several posters have already warned of the long term consequences of external debt servicing on this economy. Their words are not empty hyperbole or conjecture. Ask those who had already come of age during the early to mid 80s - debt service repayments, IMF conditionalities and Structural Adjustment Policy requirements hollowed out this economy in ways that it still has not recovered from, almost 3 decades later. I can still remember the currency devaluation of the mid 1980s which heralded the Structural Adjustment Programme - a policy action forced by Nigeria's creditors because of Nigeria's external debt profile. Are we ready to go back there again?

No loan can save the Naira now - it is too late. The next devaluation is only a matter of time.

chronique:
Now,talking about govt spending so much on reccurent expenditure,I doubt if the executive can make any serious headway there. Cost of governance is so high and the executive do not have the constitutional powers to unilaterally raise or reduce it. That's the job of our legislative arm of govt comprising the senate and house of reps. For this set of people,what they get is more important than what the masses get. Nigeria operates a bicameral legislature with both houses performing almost the same functions. With the high level of amount spent in maintaining these two houses,it's only logical that we find a way of switching to a unicameral legislature so we can free up money for more meaningful capital projects. But how do we go about it? You and I know that our senators and house of rep members wouldn't agree to this,neither would they agree to give up a substantial amount of what they earn in form of salaries and allowances. This is something that is beyond the executive. It's only the masses who can do this by way of mandating elected officers from their constituencies,to push for a bill like this or support it if it is brought up for a vote,or risk being recalled. But the question is,how many of us are aware that we have the constitutional powers to recall non-performing officers elected from our various constituencies?
Most Nigerians find it difficult to differenciate between a democratic system of govt and military rule. Because our past leaders had absolute powers,we think the president too should have same. But it doesn't work like that.

^^^^
Your first point sir, about legislative approval being a requirement for scaling recurrent expenditure up (or down) is news to me. Which part of recurrent expenditure? Does the National Assembly need to sit before it is clear that a presidential fleet of almost 10 aircraft is unconscionable? The federal government recently announced some cost cutting austerity measures. As far as I am aware, lawmakers had no role to play in that decision. So which constitutional powers are you talking about?

I do agree with you though, that Nigerians have not held their lawmakers to the standards they should be held to. And Nigerians have no one but themselves to blame for that.

Pavarottii:
It surprises me, when I come on Nairaland and read some comments.. Not sure some people did basic economics in sch... And When I also see people lay insults on Okonjo Iweala, it just shows we are not well informed or its just pure hatred. This woman didn't apply for this job, she was recommended for it.. This woman was the representative from the whole of africa to contest for the President of WORLD BANK. Am not sure any Nigerian has reached that level... She is a professional and an expatraite in this field... Is it her fault oil price dropped to almost half. Let us read more about our country's economy before coming here to insult people that have achieved way beyond us.

^^^^

Pavarottii:
This are good loans because they surely be paid back from investments the government will use to money for, knowing that interest rate is 3 - 4%... And due to low oil price that lead to the devaluation of our naira that has eaten into our external foreign reserves. This loan will be needed to keep investments and businesses going on so we can make profit from the business so as to strengthen our naira and boost our reserves...

^^^^

peteonline:
Only if this would create more jobs. I support her if this will boost the economy more to the first 20 in the world. She is an expatriate in this field.

^^^^

SkyBlue1:
All these eleventh hour commisioning that do not result in real effects, only the gullible will buy it. I have never seen Jonathan seemingly work so hard, and all because of threat of losing election. Only goes to show that there is absolutely no guarantee that anything will change if he is returned to power and all of this is just for show to win more votes. PDP has to lose this election for Nigeria to progress.

^^^

+10

Rape is no laughing matter. It is one of the most under-reported crimes in this country.

It ruins lives and destroys families.

I had no idea until I got close to some females as an undergrad and I got to hear some hair raising stories.

Until attitudes change and the law cracks down hard, far too many females will have awful stories to tell. From one generation to the next.

I am in favour of this device. My first suggestion is that it should have heat activated sensors so that insertion of a diildo by a would-be rapist (to 'test the waters') won't have any effect (unless the would-be rapist warms the diildo first - a rather unlikely event). If the would-be rapist (thinking the coast is clear) then inserts his finger or his member then he is finished. The device should then tighten immediately, leaving the rapist with no opportunity for escape. And with each attempt by the rapist to wrench free or break free, the device should tighten even more - in the coldly efficient manner of a boa constrictor or reticulated python.

My other suggestion is that the device should also have motion or impact activated sensors. So that for each punch, kick or slap the rapist (or his accomplices) inflicts on the victim in an attempt to break free (or force her to get the device to release him), these sensors should signal the device to tighten even further. The only option available to the rapist (to avoid 'penile asphyxiation' and ultimately death) would be to quietly lie motionless until the inevitable trip to the emergency room.

Last suggestion: the barbs or teeth in the device should be designed or modelled after the serrated teeth of South American piranhas or great white sharks. Lets see what happens to sexual assault incidents once these suggestions become a reality.

Funding gaps affecting our old universities have not been fixed and yet the GEJ administration 'establishes' several new universities (and promotes them as achievements). How will these new universities be funded if the old ones are grappling with serious financial challenges? How?

The GEJ administration has not been honest with Nigerians. I repeat, how will these new universities be funded in a sustainable manner? New universities in our system here bleed cash until they can attempt to stand on their own - a process that takes years. And with the severe funding constraints that the FG claims it is facing, the best and most prudent decision is to set up a litter of universities all in one go?

It costs money to run universities. It costs money to ensure course accreditation. It costs money to employ and retain qualified staff. It costs money to pay external examiners. It costs money to pay for journal and periodical subscriptions. It costs money to convene meetings of university governing boards and councils. It costs money to build research labs. It costs money to build and run university infrastructure. It costs money to run staff and student exchange programs. It costs money to keep a university running on a day to day basis. If previous governments (and the current one) have not kept faith with funding agreements earlier signed, what hope is there for these new universities?

There are some university undergraduates (penultimate year students) in Nigeria today who are in serious trouble today because their courses have not met NUC accreditation criteria. These students have effectively spent 3 to 4 years on an extended vacation masquerading as university education. And there is nothing that they can do about it - the NUC has refused to budge and the affected universities can only offer ineffectual apologies for their failure to meet their responsibilities to their students. With challenges of this nature, is establishing a crop of new universities (without guaranteeing their funding and effective monitoring) the best and wisest decision?

We have made our bed and we must lie on it. For ages some of us have shouted ourselves hoarse about holding leadership accountable - but Nigerians turned a deaf ear. Now we are paying the price - all the key segments of our national life are experiencing some form of serious deterioration or another.

You get what you pay for.

My issue here is with the money recently dished out to the DISCOs and GENCOs.

We have been told that the funds disbursed to the DISCOs and GENCOs are 'loans' and not grants.

Who guarantees the loans? Who bears the risk of default?

Classic case of moral hazard.

Eluwilussit:
My brother, if you ever read my posts in the past, you will understand that I am not a pdp lover or APC hater. I don't like jonathan at all. My only issue has been Buhari. Why must we go back to the same set of military vagabonds that raped our democracy? First it was Obasanjo, now it is Buhari.

In other words, we are simply rewarding every past Coupist with the same democracy they swore to protect but turned around and destroyed through their coups. I never voted Obasanjo for the same reason.

I have never been a Jona advocate. I never believed in him. I still don't. The difference in my position on Jona today, is simply as a result of the choice of Buhari as the APC candidate. I can't understand why I should vote a non-democrat in a democracy.

Buhari can claim to be a changed man and a democrat, but that will simply be because he's alive and opportuned to make such a claim. The same offence he committed against our nation, was committed by the likes of Dimka, Orkah and others. They paid with their lives. Buhari succeeded where the others failed. That buhari's coup was a success, doesn't mean that it was not treason.

I don't like Jona but he's a democrat. And this is about democracy. I will rather put up with Jona's nonsense than cast my vote for a man like GMB. He's everything but a democrat. I don't trust his sudden change in antics, positions on issues and even his milder utterances.

Obasanjo was a humble and poor, dying farmer when they picked him up and made him the president in 1999. Today he sits in his Hilltop mansion and insult the people anytime and anyhow he likes. We should learn from history. We can't repeat the same mistake.

We need change. Buhari is not that change. The only sensible argument anyone has made so far was by Bakila and a few others. They claim that the need for change is just to show pdp that true power resides with the electorate. That's correct and I agree with that 100%. My only regret is that Buhari would be the true beneficiary of that change. I would rather have Atiku, Lamido, Fashola, Amaechi, Rochas, name them. Anybody but Buhari.

Don't even try to make me change my mind. I am a staunch democrat. No compromise. A dead democrat is better than a living despot. At least he won't mess things up.

^^^^
Again, against my better judgement, I am compelled to respond to you in order to point out some contradictions in your thesis.

Your post here shows the classic error that those who defend Jonathan (against all reason) fall into: the belief that Messrs Jonathan and Buhari are the only two mutually exclusive choices in this contest. Nothing could be further from the truth.

There are several other presidential candidates. At least 5 of them. Onovo. Sonaiya. etc. What stops you from casting a vote for one of them if by your own admission, Buhari and Jonathan are rubbish? What stops you?

According to you, Buhari is a coupist and you remain unconvinced about his latter day conversion to democracy. That's fine sir - you have the right to vote against the man if he does not meet your requirements. More interesting is the fact that by your own admission, you were never a Jonathan advocate. You never believed in the man and you still do not believe in him. And yet you are prepared to ignore at least 5 other presidential candidates to vote in a man whom you do not like or believe in. You see the contradiction?

I would like to believe sir, that you are not a sheep being led to the slaughter. You retain the ability to choose and you will have to live with the consequences of that choice. (As we all will)

As I said earlier: we can agree to disagree. March 28th is round the corner. We will see what she holds in store for us.

Strange. Sterling was going for N336 and the Euro for N230 (parallel market) on Friday 20th March 2015.

Eluwilussit:
I like the fact that you said we can agree to disagree. Sweet. Back to SLS, we have been going back and forth on his claims and allegations. If the documentations/records about remittances made by NNPC, were what SLS based his allegations on, then those are the evidences. And as long as the figures in those documentations/records have been changing, then the whole claim by SLS is garbage.

If you search NL, u will find a lot of posts on sls's activities. It is of no use for me to start digging into that at the moment. There are more urgent posts and issues that need our attention. When it was SLS time, we talked about him, bucketful. Don't make him more relevant than he is at the moment.

This week is about GMB/apc, GEJ/pdp and our elections. Thanks for not being overly abusive. I hope we can engage each other in other issues that concern our nation. Even when we are on the same page, we can always express our views from different angles.

Hope you are ready for the weekend? Waiting to watch some great football matches. Enjoy your weekend and feel free to buzz me whenever there's anything of interest on NL. Have a great day.

^^^
I must admit I had no intention of responding to your post but your tone has made me change my mind. The late Waziri Ibrahim of the defunct GNPP never tired of preaching the message of politics without bitterness - a lesson the current generation would do well to listen to. Even though you and I disagree very strongly on the direction this country is taking, our exchange has been largely civil. I respect you for that. It is my earnest hope and prayer that you see the light and understand that the current/previous PDP administrations (and the party that produced them) do not mean well and have never meant well for this country.

Regards.

Eluwilussit:
If you think any of the things I said is false, the onus is on you to prove me wrong. It is you who should provide the counter-evidence. If you want me to dig into SLS history, then you are mistaken. SLS isn't very important at the moment.

I merely stated my stand on the $20b saga. I am simply interested in that figure. All I am saying is that a man in sanusi's position as CBN gov should have been much more careful with the figures. You don't change from one figure to another, in the same allegation. How's this so difficult for you to grasp?

You don't accuse mr A of stealing a fish and after you claim that mr A stole meat and not fish. If you know anything about law, you will know that the evidence is the most important part in prosecution. If the same evidence changes, then you must acquit.

I hope you remember the OJ Simpson case: "if the gloves don't fit, then you must acquit". In that case, the glove was part of the evidence and didn't fit into OJ's hands.

In the $20b saga, the figures don't fit, so to speak. SLS claimed $49b, then down to $10b and back to $20b. In my world, that's simply unacceptable. As soon as that figure changed, everything else is garbage.

If SLS couldn't get the facts/figures right before going to the press, then he didn't know his job. He was not as diligent as he should have been. He failed on that count.

^^^^
No sir. I did not say anything about the truth or falsehood of any of your claims or statements. You are the one who made a statement about a regional imbalance in CBN CSR expenditure. I simply asked you to provide evidence to support your claims. You were the one who made an allegation and the burden of proof lies on you. Not me.

You claim SLS isn't very important at the moment and yet you have devoted the bulk of your posts and counterposts to him. You keep harping on the initial figure quoted by the former CBN governor, since according to you, "as soon as that figure changed, everything else is
garbage".

You have roped yourself in with your own comments and your pseudo-intellectual claims about the law and how it works. According to you, evidence is the most important part in prosecution and if the same evidence changes then you must acquit". So what is the evidence in this case? Is it allegations made by SLS or the documentation/records about remittances made by the NNPC?

This debate is pointless. You may persist with your fixation on SLS and the figures he quoted initially. I have long moved on from that.

We ca agree to disagree.

SeverusSnape:
This country is too volatile, I'd better cast my vote and go home, even without police directive.

^^^
And yet you routinely spit fire online.

Cast your vote and stay there at the polling boot. Damn Nigeria's volatility. Stay there till the last man (or woman) leaves the polling booth. What are you afraid of?

babestella:
Sanusi is a royal palace clown. He should come up with paper verifiable evidence of how the money left the banks and it's destination. At his level he should know that there are still very sensible Nigerians who will not believe his trashy stories just to blackmail the executive. In conclusion, he planted this story to grant a leeway for their candidate whose educational qualification is also in dispute as we speak.

^^^^


There is no need for these emotional reactions. You may call SLS a court jester or a dope fiend - it doesn't add or subtract anything to or from the matter at hand.

There are two possible outcomes once the PwC report is released to the public - the speculation, innuendo etc will all be put to rest or it will be intensified. But we will not know until the damn report is released. Let the audit report be released! Why is that so hard for the federal government to do?

Eluwilussit:
My stand on Sanusi is from a very intellectual point of view.

^^^^
No comment.

Eluwilussit:
If you check SLS entry into the banking system, his qualifications, his rise to the position of CBN gov, you will wonder why and how he got there. You mentioned the consolidation job he did in the banking industry: he did a good job. Kudos to him. But if you look deeper into it, who were the beneficiaries of his actions and who were the victims? Are you saying we should accept his unverifiable allegations based on his reputation alone, instead of facts? If we were to go by the totality of his past reputation, he wouldn't even get to a GM of any bank, not to talk of CBN gov.

^^^^
Your comments above are neither here nor there. What do you mean by 'beneficiaries and victims of his actions'? You need to explain further.
Your other comment about 'going by the totality of his past reputation, he wouldn't even get to a GM of any bank, not to talk of CBN gov' is rather strange. Correct me if I am wrong but Mr. Sanusi Lamido seems to have worked in senior management for a certain United Bank for Africa Plc and a certain First Bank of Nigeria Plc - you may or may not have heard of these banks. Rumour even has it that he was the Group MD/CEO at First Bank before his appointment as CBN governor.

Eluwilussit:
We have been told and it has been proven that as CBN gov, he donated tens of billions of naira at numerous times to institutions and projects in the north, while spending less that 1billion in the entire south. What does that tell you?

^^^^
You need to provide proof. Provide the evidence to support your claims. Remember you are making the allegations here and the beautiful thing about it is that information about the CSR activities of the CBN is in the public domain. We are waiting.

Eluwilussit:
My main issue is not any of the aforementioned. My problem with SLS, is that I can't understand how the number 1 figure in our national financial life, could come out with unverified figures, hastily to discredit the FG and NNPC. It appears to me that SLS, was involved in some type of smear campaign. If he was genuine, he should have brought it to the notice of his pay master. That would have been the honourable thing to do. Then if his boss didn't wanna do anything about it, he would take the path of honour and resign.

Why didn't this paragon of virtue and intellect resign his position in protest? Why did this financial sage decide to wait to be fired? Why did he run to the courts? Why is he hiding under the emirate to accuse the FG, instead of apologizing to the nigerian people?

Sanusi is the emir of Kano: this position is highly respectable. I hope he can understand that he's no longer and ordinary nigerian, and should be careful of what he says or does. I hope his actions will not bring disrepute to this highly esteemed seat. God bless all of us.

^^^
The solution is simple. Let the FG release the report so that the matter can be laid to rest or reinvigorated. Whatever the case, we cannot proceed until the Report is made public.

Your aim is clear. You want to create a diversion. But this isn't about SLS, whether you like it or not. GEJ commissioned that Report and he is duty bound to release its findings. Anything less is shortchanging the Nigerian public.

iyobs7:
Did you shout like this for Sanusi to release evidentary report to support his claims? When you all heard of the $20 billion, it became your song, GEJ where is our $20billion now the incompetent, wayward and irresponsible Sanusi has been found lacking in professional practices and competency, now you need the report before you can shove your pride and shame down your throat. In a sane society, after making such unfounded allegations, he'll bow out in shame, but even when he was sacked, he had the guts to say he was removed because he was trying to uncover the truth about NNPC when in earnest, he was just propagating lies and hatred. Jonathan really impressed me by sacking him because it strips him of benefits of a retired civil servant and to a great deal, civil servant of such an office...

Lubbish...

^^^^
This has nothing to do with my pride and shame. I am only asking for certain standards to be met by those who purport to lead me.

The matter before us and its resolution is crystal clear. The federal government suspended the whistleblower in the name of the Republic and commissioned an audit in the name of the Republic. It is only fair and just that the citizens of this same Republic get to see the audit report (prepared in their name) and draw their own conclusions.

When you are ready to focus on the issues and debate like an adult then let me know. I have no time for mudslinging or random, unnecessary insults.

Eluwilussit:
For starters, na me give you that like. Lol. Talking about the PwC report, if I am not mistaken, we were told that less than 2B was not remitted to FG. I can't tell you if they were right or wrong.

My emphasis has been on the figures that kept changing from sanusi's office. I am only pointing out that SLS did a shoddy job and was in a haste to discredit the FG and Jonathan. I believe that he did it to smear his reputation. The moment SLS changed those figures, his credibility became questionable. There's nothing like innuendo, sentiment or speculation here. If you must accuse anyone of those three, then it should be SLS.

In evidential law, the moment the evidence is tampered with, it is no longer tenable. How do you go from $49b to $10b and finally to $20b, and expect any rational being to take you serious? Which figure do we accuse FG and NNPC of misappropriating? 49, 10 or 20?

Sanusi was wrong in accusing them without doing his homework well. I don't care how much is missing but as CBN gov, I expected a meticulous approach and due diligence from SLS before going to the media to rubbish the FG. It shows a hidden agenda.

^^^^
Your comment about the PwC report goes to the heart of the matter. That report has the information that will put this matter to rest OR perhaps lead to even more controversy. But we don't know which of these two roads we will take because the Jonathan administration has sat on the report and refused to release it to the public. Instead we are being given the information piecemeal. Are we children?

I have read some unbelievable news reports about the reasons a Federal Minister allegedly gave in February for the report not being released so far - something about the report being a potential campaign tool for the opposition against the Jonathan administration. Is that a tenable reason? Would you accept that reason from little children if you were investigating some minor infraction in your home? Why should you accept it from a Minister of the Republic?

I have tried to follow this NNPC matter quite closely since the news first broke. First of all, I am not aware of the former CBN governor going to the media to 'rubbish the FG'. He wrote a confidential memo to the President and that memo was leaked by I do not know whom. That was how the information first got into the public domain. Second - yes the NNPC remittance figures have not been constant and that may have had some effect on SLS's credibility. But it is precisely because there is no clarity on the affairs of the NNPC that all of us (and not just SLS) need to have access to full information on this matter. In a press interview granted when this news first broke, SLS stated that the NNPC had not been audited since 2005. Is this best practice for a sole proprietor, not to talk of a state owned enterprise with billion dollar budgets?

You devoted the bulk of your post to rebuking the former CBN governor for the constantly changing figures in this saga. Noted. What Nigerians need now is full access to the PwC report. Mr Sanusi Lamido Sanusi's work as a whistleblower is done. It is up to Nigerians to take up the matter from here. GEJ, release the PwC report. Now!

Nigerians should ask themselves whether their duly elected representatives in the various House and Senate committees are working for Nigerians or working against them. A presidential directive was flouted and not gazetted as required. What were the consequences? Those who were following the hearings of that time should ask themselves whether the Senate Committee indeed served the interests of voters. Apart from legitimizing (via legislative approval of supplementary budgets) the unauthorized expenditures approved by the minister what else did the Committee do? Several months after these hearings began, can Nigerians say their interests have been served (by the executive and the legislature)?

Nigeria's endless game of musical chairs continues. Perhaps unintentionally, the NNPC's statement (through Mr Ohi Alegbe) raises more questions than answers:

[b]“But it is on record that he (as CBN Governor) attended the hearings of the Senate Committee on Finance where the issue of kerosene subsidy was exhaustively looked at vis-à-vis the Presidential Memo directing the removal of kerosene subsidy. The explanation was that the process of implementing the Presidential directive was not followed through by the Minister of Petroleum Resources at that time as required by law which technically meant that kerosene subsidy was not removed.

“It was on the basis of this that the Senate Committee on Finance in its report recommended that the Executive should prepare and present to the National Assembly a supplementary budget ‘to cover the expenditure in the sum of N90.6 billion for Premium Motor Spirit subsidy 2012 and N685.9 billion for kerosene subsidy expended without appropriation by the National Assembly’.

“PricewaterhouseCoopers (PwC) also observed in its recent forensic audit report thus: ‘Regarding the issue of subsidy on DPK (kerosene) the Presidential Directive of 19 October, 2009, was not gazetted and there is no other legal instrument cancelling the subsidy on DPK. The Senate Committee had also concluded that all that was now required was for the FGN to propose appropriation for the unappropriated subsidy for the period in a supplemental budget.’
[/b]

There are two questions arising from the above which Nigerians should demand answers to:

Why did the then Minister of petroleum resources fail to implement the presidential directive on the removal of kerosene subsidy?
Why was the presidential directive not gazetted?

Eluwilussit:
Sanusi made a big blunder. At that level, you don't come out with figures unless you are sure they are right and final.

As soon as SLS went from $49B to anything else, he rubbished his claims. He and his position were put in disrepute by that blunder.

I have no doubt that men dey chop money over there at NNPC. The truth is that it has always been like that. Even when Buhari was there. Na them northerners full there now. It will continue until the right people are put there. Not people who see everything as national cake.

Being Emir doesn't mean he can't be prosecuted if he has committed any crime as CBN gov. He's lucky GEJ is a southerner and must be careful how to handle his case, so he will not appear tribalistic or anti-Islam. The least the Emir can do is to tell the truth and apologize to the nation, for misleading us.

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It is noteworthy that you have said nothing about the official investigation (the PwC report) into this whole matter and the refusal of the Jonathan administration to release that report to Nigerians. Instead you have travelled down the path of innuendo, sentiment and speculation. What value does this add to anything?

OLADD:
What do you expect from an ex banker who obtained his first degree in Islamic Studies?

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His first degree was in economics. He later got a masters degree in Islamic Studies.

More important: Nigerians deserve to have free and unfettered access to the PwC audit report. I am not interested in whether or not Sanusi has a degree in Norse mythology. GEJ should release the report. Now.

And up till this moment the Federal government has not thought it fit and proper for the PwC audit report to be released to Nigerians. Instead we are being given snippets, tidbits and highlights without any context or background to form informed opinions or conclusions. Whose interests are being served here?

The GEJ administration has been shockingly irresponsible on this matter. Nigerians have a right to read that report and make their own judgements. What's the point of an audit if its findings are not going to be made available to Nigerians?

giantstrides:
Don't compare us to China or Japan, China has to keep it's currency down so tht everyone can keep importing from them, that is why the quality of their products are not as high as their western counterparts, if their currency starts appreciating people will wonder why they re paying much for goods of lower quality. Meanwhile Japan has to keep its currency lower to the dollar because their electronics and automobiles are not on the same level with European or American vehicles, they only come cheaper because of the lower cost of production. Every technology japan has, US has it too, the only problem is USA can't compete with the japanese because they spend higher in production, if japan currency goes up and those cars become more epensive , they will lose their customers due to high price. Now what does Nigeria have in common with this two? what do we produce besides oil , wht do we produce and export tht makes the cost of production cheap.

^^^^
Not sure what you mean by Japanese products not being 'on the same level with European or American vehicles'.

Someone should upload the full clip.

According to fasehun, if the election had held on the 14th, Jonathan would have 'lost the battle'. Which battle? The battle for 'credible, free and fair elections'? Or the battle for re-election as president?

Notice that the man in his monologue does not say anything about INEC's state of preparedness prior to the postponement. Her does not say anything about working towards an election that is well organised and credible. He is more concerned with grandstanding about how he and a few other people he declined to name, got together and 'convinced' INEC to postpone the election - a postponement he implies was designed primarily to avert defeat for GEJ. Nothing about postponing the election because INEC was not ready. No. Is this how a country should be run?

And true to type, the man could not resist the promotion of his actions as some kind of sacrifice for his ethnicity. Those who know who this man is and what he stands for will not be surprised. This is the same way he went on national TV in 2006/2007? and insisted that his ethnic stock would not tolerate the removal of Mrs Patricia Etteh at the height of the procurement scandal which brought her down from office. In the end what happened? Etteh left. And the heavens remained above the earth and did not fall. To this day.

The likes of fasehun can only deceive those naive enough to buy into his horsedung.

Rubbish.

Adminisher:
This is a cowardly post that could only come from a south easterner . You want to sack the opponent in the middle of a fight. How do you cope with your new republic when it is formed out of running away from Hausa people on the battlefield and the ballot bOx?. Must they really better than you in everything?.

^^^^


Region of origin or ethnicity have nothing to do with the post of the fellow you quoted. His post rings true.

Stelvin101:
are u high or something? nigga my life is beta dan urs in all aspect u can think of so stop d insult else u reli want me to kill u wit words. just fvck off

^^^^


There is no need to threaten anyone with death by words (or any other means for that matter).

Take a little time to read through the posts on this thread and ponder on them. Remember that you are getting heat because you asked for a summary of one of the posts - a request that was completely unnecessary. If it was too 'long' to read perhaps you should have ignored it rather than ask for a summary?

The post was 'long' for a reason. Take your time and go through it. And other posts too. There are some real gems here.

Stelvin101:
Summarize this plz

^^^^


Read the entire post. It will take only a few minutes of your time. You could learn something. I know I did - even though I've seen the material before.

Establishing these new universities was a bad idea from the get-go. Those posters who have turned this matter into a political contest should be ashamed of themselves.

For years Nigerian universities have complained about a funding gap. There are serious problems with course accreditation, staff remuneration etc. There is no need to go into details here - the problems are well known.

It makes no sense. How are these new universities going to be funded in a sustainable manner over the long term?

Establishing and running a university over the long term is not a picnic . It is shameful that GEJ decided to use something as important as tertiary education for political ends.