₦airaland Forum

We all know nollywood, music, telecommunications etc was actually during OBJ's era.

Lalasticlala, is this not supposed to be on FP to tell the world that we're still strong and thriving abi na only Saraki we go discuss today?

bloodkiIler:
Thunder fire you there the guy has a point

Easy guy, shuooo!

Wia the 'sause' OP before i comment?

He should be used as a scape goat for others to know we are indeed in a period of change.
Nobody dey tell blind man say rain dey fall

S&P reaffirms Nigeria’s rating at B+ with stable
outlook
The rating agency Standard & Poors today
delivered a resounding endorsement of the
government of President Muhammad Buhari and
its economic policies by affirming Nigeria’s rating
at B+ with a stable outlook.
It had been feared that given the foreign
exchange controls introduced by the Central bank
and backed by the president that the rating
agency will place Nigeria on a credit rating watch
at best but in its report just published, S&P said
its reaffirmation of Nigeria’s credit rating is
because the country’s non-oil sectors will
continue to support GDP expansion in Africa’s
largest economy.
The agency said Nigeria’s rating is further
supported by “relatively general government and
external debt burdens, ample oil reserves and
fairly robust growth in recent years.
The agency acknowledged that Buhari has ordered
all government revenues be transferred to a single
account held at the Central Bank in a bid to
curtail corruption and enhance government
revenues.
http://businessdayonline.com/2015/09/sp-reaffirms-nigerias-rating-at-b-with-stable-outlook/

ikennaj44:
please Ndigbo ignore the comment of yeske2, he is not an igbo person, he's here to plant discord, @Amadi

You no well

That guy is a big thief

I tell you

Assets Declaration Documents Detail Bukola
Saraki’s Theft And Looting
The latest documents offer a glimpse into his life
of unexplained luxury and asset accumulation.
The asset declaration forms also offer a glimpse
into Mr. Saraki’s clever maneuvers to conceal his
stolen wealth by passing off some assets to his
wife, Toyin Saraki, and their two children, Semi
Saraki and Teniola Saraki.
BY SAHARA REPORTERS, NEW YORK
SEP 17, 2015
512
151
97
S aharaReporters has exclusively obtained
documents revealing Senate President Bukola
Saraki’s asset declaration in 2003. The
documents come hours after SaharaReporters
reported that the Code of Conduct Tribunal
formally charged the embattled Senate President
with 13 counts of financial crime, money
laundering, and unexplained assets. Mr. Saraki’s
trial is expected to commence tomorrow,
September 18, 2015, as he has been officially
served today with the charges.
Senators Andy Uba, Bukola Saraki and Dino
Melaye are attending an IPU conference in New
York
SaharaReporters has published a series of
investigative reports detailing Senator Saraki and
his wife, Toyin Saraki’s, career of plundering
Societe Generale Bank, where he was an
executive director and in which the senator’s
family had controlling shares, as well as the
finances of Kwara State during his eight-year
tenure as governor.
An investigation by the Special Fraud Unit of the
Nigerian Police Force revealed that Mr. Saraki not
only went on a massive stealing spree that
contributed to the collapse of Societe General
Bank, but that he also masterminded a series of
fraudulent schemes by taking out loans and
bribing bank officials not to collect on those
loans. Altogether, Bukola Saraki has accumulated
millions of dollars in unexplained expenses and
assets.
The latest documents offer a glimpse into his life
of unexplained luxury and asset accumulation.
The asset declaration forms also offer a glimpse
into Mr. Saraki’s clever maneuvers to conceal his
stolen wealth by passing off some assets to his
wife, Toyin Saraki, and their two children, Semi
Saraki and Teniola Saraki.
It is remarkable that Mr. Saraki’s 2003
Declaration of Assets Forms were filed on May 12,
2003, seventeen days before he was sworn into
office as Governor of Kwara State. Therefore, the
assets he declared in the forms reflected the
wealth Mr. Saraki had accumulated before he
began an extensive plundering of Kwara State
funds.
Mr. Saraki’s 2003 asset declaration documents
reveal his astonishing wealth with no explanation
for how he obtained it. He and his companies had
more than N51.5 million in Nigeria when he
submitted these forms to the Code of Conduct
Bureau in 2003. Mr. Saraki also had cash assets,
under his name or those of his companies, of at
least 2.9 million pounds sterling and $400,000
dollars in 2003.
Saraki Bank Accounts Outside Nigeria
Photo Credit:
Sahara Reporters Media
In addition to his cash assets, Mr. Saraki was
also the registered owner of at least eight
properties in Nigeria, calculated in 2003 to be
worth more than N2.2 trillion. Mr. Saraki was also
the registered owner of eight properties in London,
which he purchased roughly during the same
time. By 2003, according to Mr. Saraki’s assets
declaration forms, he owned properties in the UK
worth more than $12.6 million.
Saraki properties in Nigeria
Photo Credit:
Sahara Reporters Media
Saraki properties in London, UK
Photo Credit:
Sahara Reporters Media
Before becoming a State governor, Mr. Saraki also
purchased 15 vehicles. The automobiles consisted
of a Ferrari, 10 Mercedes Benzes, and four
bulletproof cars valued at more than N263.4
million. All the vehicles were purchased between
1997 and 2002, with most of them acquired
through “business” transactions.
Saraki's vehicles
Photo Credit:
Sahara Reporters Media
The assets declaration forms also reveal that Mr.
Saraki and his companies had stockholdings
worth 2,145,550 naira, 2,600,00 Euros, and
6,108,33 US dollars.
The documents also reveal that Mr. Saraki’s wife,
Toyin, and their two children, owned assets that
were inexplicable and highly suspicious. The
forms showed that the assets held by Mrs. Saraki
and the senator’s two children included cash,
property, and stock holdings valued at more than
N8 million, 4.5 million pounds sterling, and $4.6
million.
The total wealth, of cash and other assets, that
Bukola Saraki decided to declare on his assets
declaration forms was 2.607 billion naira
(2,607,110,550 naira), 23.7 million US dollars
(23,783,333), 7.4 million Pounds Sterling
(7,406,500 Pounds Sterling), and 2.6 million Euros
(2,600,000 Euros).
Saraki company assets
Photo Credit:
Sahara Reporters Media
The grand total of Bukola Saraki’s wealth, as of
2003, is 10.2 billion naira (10,209,270,295 naira).
However, as SaharaReporters and Nigerian police
investigations have shown, this is only a small
glimpse of Bukola Saraki’s total wealth.
SaharaReporters has previously released
documents detailing a police investigation of
Bukola Saraki, authored by the Chief
Superintendent of Police for Anti-Money
Laundering, which offered another glimpse into
Saraki’s criminal and unexplained financial
activity. This investigation revealed that Bukola
Saraki conservatively deposited more than 2
billion naira into accounts belonging to him, in
addition to his dollar accounts.
The investigation found that between May 2009
and May 2011 Bukola Saraki deposited at least
4.5 million dollars (4,560,871 US dollars) into his
dollar accounts. It was also found in the
investigation that more than 5 million dollars
made its way into Bukola Saraki’s Zenith Bank
account during his time as Governor of Kwara
State.
Altogether, from this very conservative estimate of
unexplained wealth, Bukola Saraki has more than
14.1 billion naira (14,111,405,580 naira)
according to declaration forms and police
investigations of him.
Bukola Saraki’s latest statement on this matter
simply states that it is all an “outright fabrication
and mischief,” while also noting that he continues
to fight corruption.

tuniski:
Apc deceiving themselves. Saraki has come to stay. To remove him requires impeachment by 2/3 majority. They won't get that saraki turning to buhari/apc nemesis. I am not his fan but, let due process continue to be followed. God bless nigeria.

What due process? Does he enjoy immunity against prosecution in office, no. If he's found wanting, he's leaving the office fast 2/3 or not.

Chino abeg easy

Hmmm

poiZon:
bobo even if Jesus conducts election in nigeria n buhari is one of the candidates, if he loses it will be tagged not free n fair. quote me anywhere.
apologies my Lord n saviour, the winner of elections n bringer of peace.
thank you Jesus, umana(Apc) represents darkness, Udom Gabriel Emmanuel( PDP) reps light.
it will be a mockery n outright embarresment to the kingdom of light for darkness to rule over light, TUFIAKWA!
apc dudes in akwaibom says udom is good but d person that brought him is evil "akpabio", but they r not seeing tinubu who brought in buhari n championed his victory.
udom emmmanuel yak itong uwem usong fien, amen.
ngenekwenu, n the rest u gays can use the lagoon if una no like pdp leading in akwa abasi ibom state.

Can anyone interprete what he's trying to say?

frankyychiji:
I have

Better

frankyychiji:
Was Buharis win free and fair? Was Ambodes win free and fair? Was Aregbes win free and fair? Was elrufai free and fair? Whose election was free and fair? Why must APC always constitute themselves into a terror group? Has is ever happened that the Nigerian army should stand in the witness box as a witness to one party in an election tribunal? Is the army to be seen as partisan? Is the army Apc army?

I saw a magazine of about 50 pages circulating in Abuja yesterday about Tinubu and his many atrocities, and I Was like PDP is behind this, but the man with me said it could also be Apc members behind it.

And for the first time, i was afraid for Nigeria.
If Buharis does not change his body language and call his boys to order, this house will crash in his hands!!

I hope you will agree with me that the peace we have here today is that of a grave yard.
Jonathan was smart because he saw the conspiracy all around him!
Since the death of yaradua, the northerners have been agitating to complete Yaraduas unfinished tenure.
And they were ready to take that power by any means possible!

See how hard Apc tried to snatch Fayoses victory!
My brother, things must not continue in the old way, but the Apc government will bring down this house if they over-reach themselves!!

Why not send a petition to the police if you have any evidence, it's still good for our democracy

frankyychiji:
Let their be one million re-run, Umana cannot win elections in AKS under APC. He himself knows this much.

But let it be free and fair, must we continue our uncivilized ways just like in the time past? Why can't we upgrade?

The election must be cancelled, how can you explain less than 300k accredited voters to over 1 million handed Wike? If he would win, let it be free and fair.

Sack the corrupt, shameless judges, others will sit up.

What's this one saying, so who do we blame for the missing billions that are supposed to be used in repairing our delapitated infrastructure now oil prices are down?
Are we supposed to forget it and just get back to work?
Make this guy respect himself o

okorokion:
2015/2016 neco result. I want to thank mr hope for help in my neco 2015 a friend told me that I should go and check it and it was out, I went to check my result 2. Days ago and I Was having f9 in my english and it is my third time of writing neco examination I was opportune to get in contact with neco official and I explained to him every thing that happened and he ask for my exam details and I submitted it to him and just to my surprise I saw a my neco result Was upgraded to B2 and I am so happy he could help me because he was my last hope and I will not be greedy to also share his number for those who failed. neco having f9 in their neco results here is his number 07062654591 or 07032976370 and his name mr hope

You too? Scam alert

okorokion:
2015/2016 neco result. I want to thank mr hope for help in my neco 2015 a friend told me that I should go and check it and it was out, I went to check my result 2. Days ago and I Was having f9 in my english and it is my third time of writing neco examination I was opportune to get in contact with neco official and I explained to him every thing that happened and he ask for my exam details and I submitted it to him and just to my surprise I saw a my neco result Was upgraded to B2 and I am so happy he could help me because he was my last hope and I will not be greedy to also share his number for those who failed. neco having f9 in their neco results here is his number 07062654591 or 07032976370 and his name mr hope

You too? Scam alert

He is of Igbo descent but now a Norwegian now so how does this affect us? Good luck to him and congrats to him.

No wonder mama piss and GEJ were always talking about jail and prison during the campaign.
I'm losing my patience here, PMB should please act fast and send these looters to where they belong or I'll become an official wailer soon.

Wailing wailers, wtf are you waiting for?

Tell me Mushin or Agege is not Lagos too if you know Lagos well. 3-3, Nkpor, parts of Ogidi, Obosi etc are all parts of Onitsha metropolitan area.

Ezenwammadu:
op where and when because oluchkwu filling station beside basicilca is 100 naira as at yesterday evening

Chris tee at old road, a station around Nkpor round about, stations around Nkpor-Nnobi road, broda'm all 87

Virtually all stations I've visited since last week have been displaying that and you see it on their machine, what a gwan? Never happened before

dustmalik:
Don't mind the animal of an OP. He should go to Sambisa, then bring us footages. Useless idio.t. you saTANoids a.k.a wailng wailers have been hoping that the military would not be successful in defeating Bokoharam. But now that the military is winning, you are all pained. This is how you will continue to cry, for years to come.

Those silly wailers forget that if the FG messes up, it would affect them too but all they pray for is failure but they would never succeed.

TonyeBarcanista:
How can you compare a single lane bridge that was not meant to carry heavy duty vehicles with that of 2nd Niger bridge? Buhari is only looking for justification to deny the Eastern region of the project just as he did in the Lagos rail project in 1984.

What about that in China that is over 40km and about double the budget of that of the second Niger bridge which is just 1.7km?
That of Lekki ain't single lane, Lagosians can testify, deceive yourself alone please