Balarabe Musa Takes on President Buhari

A former Kaduna State governor and national chairman of Conference of Nigeria Political Parties (CNPP), Balarabe Musa, has described the President Muhammadu Buhari’s government as an “anti-people”.

He made the assertion at a colloquium held by the National Conscience Party(NCP) held in honour of the party’s founder, Gani Fawehinmi, in Akure on Thursday.

Mr. Musa, who chaired the occasion themed, The State of the Nation: If Gani Were to Be Alive, argued that “the policies of the federal government, instead of ameliorating the sufferings of the people, have further impoverished and inflicted more pains on the masses”.

He extolled the virtues of the late legal icon, whom he said, fought hard in his life time to defend the rights and wellbeing of the masses.

He recalled the efforts of the late NCP founder and the sacrifices he made to sustain democracy, which resulted in his incessant incarceration and humiliation by the military.

Delivering a lecture as the lead speaker at the event, Femi Aborisade, a lawyer, blamed the woes of the country on the greed of politicians and those at the helms of affairs.

Speaking on the topic, “Abolition of Poverty Is a Struggle the Masses Wage and an Agenda NCP Must Actualize,” Mr. Aborisade also identified personal aggrandizement as the problem of the leaders.

According to him, greed of the politicians is one of the greatest challenge responsible for the numerous economic crises bedevilling the country at the moment.

Mr. Aborisade, who stated that the present economic situation had devalued the lives of the common man, described the situation as very pathetic, saying the hopelessness in the land was as a result of self inflicted greed of the politicians.

“The situation in Nigeria today is sad, politicians have devalued our lives and gave us poverty, there is hopelessness and economic crisis in our land but when we remove the greed of the politicians, the pains will be removed,” he said.

Mr. Aborisade also pointed at the nation’s adherence to the dictates of the World Bank and the International Monetary Fund as reasons for the economic challenges facing the country.

While noting that the nation is not broke financially, he urged Nigerian political leaders to allow the masses to develop an alternative economic blueprint.

“There is crisis in the land and Nigeria is not broke. If government can recover all these stolen loot and whatever recovered should be used for the benefit of the masses and should not recover the loots to re-loot,” he said.

Mr. Aborisade recommended a law that would spell out how all recovered stolen funds would be spent.

“We are not interested in only recovering the stolen loots but it must have effect on the lives of masses in terms of economy, education, power and others,” he said.

“The fight against corruption must commence from the NNPC and CBN. The Federal government should investigate and probe these organisation.

“The probe of the past administration should not be limited to former President Jonathan alone, but should be extended to past administrations.

“The Halliburton case should be revisited and Obasanjo and Atiku should be made to answer questions and they must be brought to book if found guilty.”

Mr. Aborisade also knocked President Buhari for appointing his relatives into sensitive positions.

Governor Olusegun Mimiko, who spoke at the event, said the solution to the economic crisis in the country was to restructure the country.

He argued that the restructuring would also take into account the need to have a decentralized police force.

“How can a unified police structure guarantee security in this nation? We must decentralize the police force so that the local and state can have their police,” he said.

Mr. Mimiko also used the opportunity to eulogise Fawehinmi saying if the late activist had survived his cancer of the lungs, he might have fought to ensure that government voted more funds into the health sector, particularly towards fighting cancer.

Curled from:  http://www.premiumtimesng.com/news/top-news/207314-balarabe-musa-blasts-buhari-state-nation.html

My father brutalized, lower limbs amputated, Tompolo tells Buhari

HUNTED ex-militant leader, Government Ekpemupolo, alias Tompolo, said Friday, that his family and associates were under siege by security agents, who allegedly treated roughly his 84-year-old father, in Kurutie community, Gbaramatu Kingdom, Warri South-West Local Government, resulting in the amputation of his lower limbs, two weeks ago. Tompolo and Buhari Tompolo, in an open letter to President Muhammadu Buhari, which he indicated might be his last, said the continuous harassment and intimidation was getting out of hand, and he does not deserve it. He said after the military invaded Kurutie and brutalized his father, sympathizers managed to rescue him to Warri, where the hospital admitted him. “Sadly, one of his lower limbs was amputated two weeks ago. From the doctor’s report, it will be a thing of miracle if he survives this incident. Is this 84- year- old man also a member of the Niger Delta Avengers that they brutalized to the point of death? He asked. He said that the harassment and intimidation was by the Nigeria Army, Navy and Department of State Services, DSS, in connivance with two chieftains of the All Progressives Congress, APC, in Delta State, Chief Ayiri Emami and Chief Michael Johnny. The ex-militant leader asked President Buhari: “Will Your Excellency accept this in good faith if this was done to your father or someone of this age in your family?” More details soon

Read more at: http://www.vanguardngr.com/2016/07/father-brutalized-lower-limbs-amputated-tompolo-tells-buhari/

Nigeria in recession, says Adeosun, Udoma disagrees

Finance Minister, Mrs. Kemi Adeosun, who briefed the Senate on the state of the economy was blunt. She told the lawmakers yesterday that the country’s economy has entered a recession stage. But her Budget and National Planning counterpart, Udoma Udo Udoma, tried to keep hope alive, saying a recession is still far away.

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She, however, asserted that the recession would be a very short one because government was taking a lot of measures to reverse the negative economic trend. Adeosun also disclosed that a total ‎of N247.9 billion has been released to fund key infrastructural projects.

She said: “‎Is Nigeria in recession? Technically, if you go into two quarters of negative growth, we are in recession. But I don’t think we should dwell on definitions. I think we should really dwell on where we are going. 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 because the policies that we have would ensure that we don’t go below where we need to go. I think with what we are doing, we would begin to turn the corner, I believe, by the third quarter.

“‎We are not the only country in recession, many countries are doing far worse than us. But what Nigerians want to know is: ‘How’s that going to affect me’: and I want to assure everybody that what we are doing is going to work and it’s going to turn this economy around.” she added.‎

The minister further insisted that despite the economic ailments, Nigeria’s economy remained the biggest in Africa.Of the N247. 9 billion, Adeosun said N107 billion was for projects in the Works and Housing sector, while the Agriculture sector got N29.1 billion. She said another N60 billion would be released in the next few weeks.

Giving more details of the releases so far, Adeosun said: “Ministry of Works had received N74 billion in the last two months compared to N19bn received for the whole of last year. Agriculture which is a strategic focus of this government has received N21.9billion compared to just N4 billion for the whole of last year and Ministry of Transport has received N22 billion compared to just N6billion last year.

I believe the speed and extent of our releases show government’s intent and seriousness around reviving this economy. We are very confident that the work that we are doing will bear fruits. We are already beginning to see increased production in our agriculture.

In another development, former President Olusegun Obasanjo and former Chief Economist of the World Bank, Prof. Joseph Stiglitz, yesterday said most economic policies handed over to Nigeria and other African countries by global financial institutions caused part of the development woes in the country and continent.

And as if in agreement, Adeosun said: “‎I ‎am not too worried about the International Monetary Fund(IMF) projection because one of their functions 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 about what we are doing and where we are going. I remain extremely confident about Nigeria.”

On what was inherited from the past administration in terms of finances, Adeosun said: “‎I inherited very little by way of reserves. I inherited significant debt, contractor debt, cash calls of $5 billion dollars outstanding to oil companies. We have paid contractors N107 billion but they still 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 inherited reserves 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.” The minister also explained that the loans government has taken so far to fund the budget have been more of local loans.“We have been borrowing largely from the domestic market because we need to get the exchange rate sorted out to enable us borrow from the international market.”

While briefing State House correspondent at the end of the National Economic Council (NEC) meeting presided over by Vice President, Yemi Osinbajo, Udoma admitted that all signals to the fact that the country might not be able to measure up to the criteria that would comfortably push its economy.

He dispelled suggestions that the government might not, as a fall out of the current dwindling finances , be able to meet its obligations to its workers, noting that the government would continue to pay workers salaries .

However, Udoma, said the National Bureau of Statistics (NBS) would be giving the government all the figures adding: “If as we suspect the second quarter is also negative, then of course technically you could say that we are in recession. But even if we are not, the situation in the economy right now is one that of course we are addressing.”

Speaking at the yearly general meeting of Africa Export-Import Bank in Mahe Island, Seychelles, Obasanjo who said he remains a realist, noted that the World Bank gave Nigeria the import substitution policy and the structural adjustment policy, but when it failed, they blamed the implementation instead of accepting the misdirection.

The former president, who lamented the reversal of gains and achievements of his administration, few years after he left office, said that his economic policies revved up cocoa production from 150,000 tonnes to 400,000; cassava, from 30 million metric tonnes to 50 million metric tonnes and privatization of shipping and railways that were ridden with corruption and maladministration as well as promoting cement export through Dangote Group, among others.

On his part, Stiglitz said the policies and advice handed down to Africa by the International Monetary Fund led to its industrialization challenges.

He said that he had kicked against the policy, not because it was entirely wrong, but that it lacked distinction of economic opportunities between developed and less developed countries, with assumption that everyone would come out better.

According to him, it is gratifying now that the policy promoters are realizing his earlier warning and seeking counter policies to amend the consequences.

One of such policies from the IMF, he said, was the discouragement of the establishment of development financing institutions by countries and regions, but noted that it is now championing such initiatives, with two being launched in Asia last year.

He said to counter the entrenched challenges of those policies, emerging economies, characterized mainly by commodities’ trading, must invest in education and industrialization with value addition to their products’ offering as target

Source : http://m.guardian.ng/news/nigeria-in-recession-says-adeosun-udoma-disagrees/

Emefiele To Senate: Nigeria’s Economy In Deep Crisis

The Governor of the Central Bank of Nigeria (CBN ), Mr. Godwin Emefiele, yesterday told the Senate that the nation's economy had entered into a deep crisis, as it remained recessive in the first and second quarters of the 2016 fiscal year.

Emefiele, who met with the apex legislative chamber in a closed- door session for two hours, also said that Nigerians would have to pay more sacrifices because inflation would further skyrocket.

This was as the apex chamber appreciated the enormous economic challenges facing the nation , commending and supporting the CBN for its policies so far to strengthen the ailing economy. A senator, who attended the session, disclosed to

New Telegraph that Emefiele had to own up to the true position of the economy because it appeared that the ruling All Progressives Congress (APC ) had lost hope of proffering solution to the worrisome situation.

The senator, who spoke under the condition of anonymity , noted that based on the briefing of the CBN boss, the Federal Government might not be able to sustain up to 75 per cent of salary payment in the 2016 budget implementation. The lawmaker also expressed pessimism on the ability of the economic team of President Muhammadu Buhari to come up with strategies that would use the agricultural sector to diversify the economy.

The senator, who is a member of the opposition Peoples Democratic Party (PDP), said that the only way to rescue the economy from further recession was for government to reflate the system, stressing that it was the measure applied by other economies that faced the challenge of recession.

“The CBN governor admitted that the economy is in trouble. And from the look of things, it is not going to get better. Salaries may not get 75 per cent implementation when you see the level of budget implementation so far. The CBN governor admitted that the economy was in recession in the first quarter and in the second quarter. In fact, they may not get 60 per cent implementation. “Reflating the economy is what other economies in recession have done, but that is not happening here.

The economic team is not able to come up with strategies on how they can even use agriculture to diversify the economy. ” The source further said that Emefiele did not want to disclose certain critical issues raised by the senators because they were serious policy issues that had to do with the competence and capability of the ruling party.

However, in a press statement issued by the leadership of the Senate at the end of the executive session, the Upper Chamber said that the governor of the CBN presented a comprehensive and lucid account of the performance of the Nigerian economy in the last one year.

The statement claimed that Emefiele ’ s presentation began with current global economic conditions, which had been characterised by external shocks, including the sharp decline in commodity prices, the geopolitical tensions along important global trading routes and tightening of Monetary Policy in the United States of America.

It further said that the appearance of Emefiele was in line with Section 8 of the Central Bank of Nigeria Act 2007, which requires that the governor of the bank provide, to the National Assembly, periodic updates on the activities of the bank as well as the performance of the economy.

The Senate ’s statement reads: “He drew linkages of these occurrences with the Nigerian economy, especially with respect to the over 70 per cent decline in oil prices from about $116 per barrel in June 2014 to about $30 per barrel earlier in the year.

“The governor’s presentation also gave us an insight into the bank ’ s decisions in the Foreign Exchange Market and the rationale underlying the recent re- introduction of a flexible exchange rate mechanism in Nigeria.

“He also delved into the health of the financial system and discussed the bank ’ s detailed examinations of financial institutions, as well as its zero tolerance for insider dealings by board and management of deposit money banks.

In sum, the governor declared that the strategic health of Nigeria ’s financial system is still strong at this time. “After the presentation , many senators asked a host of pertinent questions and raised issues concerning the banking system, the slippage in economic growth for the first quarter of 2016, the gradual rise in inflation , fall in foreign exchange reserves and policy coordination between the fiscal and monetary authorities.

“Following an exhaustive response by both the governor and his team , the Senate acknowledged that these are indeed difficult times all over the world and not just in Nigeria. “The Senate also acknowledged the pains that many people may be facing at this time , especially in light of increases in price of electricity and fuels.

But having carefully considered the policies of the CBN, the Senate would like to commend and support these policies because they are mostly geared towards increasing local production, creating jobs here in Nigeria, safeguarding our commonwealth and expanding economic opportunities and growth in Nigeria.

“It is critical that we all put hands together to seek long term solutions to our underlying problem of non -diversification of foreign exchange earnings and revenues, rather than pointing fingers or apportioning blames.

Curled from : https://newtelegraphonline.com/emefiele-senate-nigerias-economy-deep-crisis/

Isnt Robert Mugabe Just a Comedian. lol

If your girlfriend/boyfriend has not taken a picture with you before just make that request and stop forcing Photo Grid to bring you together.”

1. “Some women’s legs are like rumors, they just keep on spreading”

2. “It’s hard to bewitch African girls these days because each time you take a piece from her hair to the witch doctor, either a Brazilian innocent woman gets mad or a factory in China catches fire”.

3. “If you are ugly; you are ugly – stop talking about inner beauty because we don’t walk around with X-rays”.

4. “Dear sister, don’t be deceived by a man who text you “I miss you” only when it’s raining. You are not an umbrella”.

5. “Check your girlfriend’s body, if she has more tattoos or piercings, you can cheat on her. She is already used to pain.”

6. “Dating a slim or slender guy is cool. The problem is when you are lying on his chest then his ribs draw adidas lines on your face”.

7. “It’s better for a man to be stingy with the money he has hustled for, than for a woman to deny you a hole that she didn’t even drill it herself.”

8. “Some of you girls can’t even jog for 5 minutes but expect a guy to last in bed with you for 2hours??? Your level of selfishness demands a one week crusade”.

9. “If your girlfriend/boyfriend has not taken a picture with you before just make that request and stop forcing Photo Grid to bring you together.”

10.”God is the best inventor ever. He took a rib from a man and created a loudspeaker”.

11.”If women think having their period (menstruation) in a whole month is a difficult task, they should ask the men how difficult is it to control an erected Penis in public.”

12. “Some girls don’t attend the gym but look physically fit because of running from one man to another”

13. “When you kiss a girl from another nationality, do it well because you represent the whole country”

Big Brest (Big Boobs). Computer Village Boys Embarasses this Lady.

The Lady seen in this picture was seen at the Computer village Ikeja with boys constituting a nuisance around her cos of the Share size of her Massive breast as she seemed to me used to people staring.
Below is a cut!

Photos Of Eunice Olawale At Bible School.. Woman Murdered For Evangelism in Abuja.

Pictured is late Mrs Eunice Elisha Olawale, who was butchered to death by unidentified persons around Gbazango-West area of Kubwa, while evangelizing last Saturday morning. The photos were shared on Facebook by a colleague in RCCGBible School, John Noel.

Source:http://www.flexygist.com/2016/07/14/photos-of-murdered-rccg-preacher-mrs-eunice-olawale-at-bible-school/