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Sunday, 22 November 2015

Police Arrest 21 Homosexual Students In Asaba,Delta State

Police men in Asaba, Delta State, have arrested 21 students who are allegedly homosexuals.

According to Punch, a reliable source said that two state-owned polytechnics (names withheld) where the suspects were arrested, were popular with homosexual activities for financial gains.
Police Public Relations Officer in the state, Mrs. Celestina Kalu, confirmed the arrest of the suspects.
She said:

“We had it on good authority that the male students allegedly engaged in anal sex. The suspects, upon interrogation, made useful statements to the police while investigations are ongoing.”

Federal Government of Nigeria has banned the importation of small generator (I pass my neighbour)

The Federal government has banned the
importation of small generator popularly
referred to as ‘I better pass my neighbor,’ used by low-earnings Nigerians. Controller, Federation Operations Unit region A, Lagos of the Nigeria Customs service (NCS), Mr Madugu Sanni Jubrin, disclosed this in Lagos whilst speaking with newsmen. Sanni also stated that the command seized 4,733 items really worth N52 million and arrested a few suspected smugglers.
He said the seizures were made feasible
through intelligence amassing and different measures put in vicinity by the unit as a way to ensuring that the supply chains of smugglers had been fully blocked. Journalists round the seized goods which included 239 bales of used cloths worth N10 million, 1120 cartons devices of the small gens worth N13.4 million, amongst others, Madugu also stated the unit might now not relent in its efforts in ensuring that prohibited gadgets are impounded and people involved in its importation prosecuted.

Saturday, 21 November 2015

Alarm raised over Buhari’s arrest order

A statement from the Presidency concerning a report that indicts former National Security Adviser, NSA, Sambo Dasuki has dominated the discourse in various circles across the nation with a lot of disdain directed at President Muhammadu Buhari’s order to have the former NSA arrested alongside others.

According to Presidential spokesman, Femi Adesina, a 13 man Committee set up on August 31 is yet to finish its work but its interim report reveals Dasuki may be complicit in several fraudulent practices in an arms procurement deal which he allegedly oversaw.

Dasuki has since responded to the allegations as well as the arrest order from the President.

PRNigeria quotes him as saying, “I have never been invited formally or informally to appear before the panel.

“I am therefore not only surprised but embarrassed by the seeming indictment by the panel purportedly operating from the Office of the National Security Adviser that never contacted me.’’

The main issue for most is Buhari going back on his promise to allow the full course of the law play out while prosecuting corruption.


The opposition has buffeted the current administration with several claims of witch hunting and selective justice. The Peoples Democratic Party, PDP, also accuses Buhari of rewarding corrupt party members and cohorts with Government positions.

A pressure group in Rivers State, The Integrity Group, wrote a petition to the President, accusing current Transport Minister and former Governor, Rotimi Amaechi of fraud while dropping N70bn as the figure involved.

He was accused of the fraudulent sale of Rivers State power assets and conversion of proceeds amounting to N60.48bn and unlawful enrichment of Messrs Collect Solutions (Nig.) Limited with public funds to the tune of N1.56bn.

A George Omereji-led Judicial Commission of Inquiry set up by the Rivers Government to look into the sale of valued assets belonging to the state, found Amaechi responsible for misappropriating state funds to the tune of N97bn.

The story is similar for the former Ekiti Governor and current Minister of Solid Minerals, Kayode Fayemi and his Lagos counterpart and current Minister of Power, Works and Housing, Babatunde Fashola amongst many others including Timipre Sylva and Abubaka Audu.

They have been recognized as major players in the Buhari campaign that led to success at the polls for the All Progressives Congress, APC. Talk has increased of them being left off any hit lists of the anti-graft agencies being compensation for their pre election efforts.

Thus far, no indications that any of them has been invited for questioning by the any of the anti-corruption agencies or the presidency ordering for his arrest have popped up.

Lawyer and social commentator, Liborous Oshoma, described the situation as wrong, saying the President has been employing double standards in his fight against corruption.

He said that anti-graft agencies under Buhari’s government have only been seen to acting on petitions against his political opponents and the like.

      “Buhari’s conduct implies that Amaechi, Fashola, Fayemi and others are all innocent until proven guilty, while Dasuki and Diezani are guilty until proven innocent,” a source said.

“What a gross perversion of justice,” he added.

The flagrant disobedience of court orders by the Department of State Security, DSS, at the instance of the President has been condemned by all and sundry.

While it is true that the DSS has the statutory power to investigate and prosecute crimes, such power must be exercised conscientiously within the enabling legal framework.

Calls have been made for the President to see that he should not carry out its function in a manner that smacks of sheer impunity or derogates from the dictates of the Constitutionalism and the Rule of Law.

Legal Practitioner and Convener of the Coalition of Human Rights Defenders, COHRD, Inibehe Effiong has also come forward to insist the Government of the day cannot risk living up to a dictatorial profile.

      “Irrespective of the gravity of the charges preferred against Col. Dasuki, no matter the nature of the fresh allegations leveled against him by the DSS, he is presumed innocent by Section 36 (5) of the Constitution of the Federal Republic of Nigeria 1999 (as amended) until he is proven guilty.

“Admittedly, Dasuki may have played a significant but distasteful role in the destruction of the country by the former administration of Goodluck Jonathan.

“However, it is important for the government to follow the due process of law in its quest to hold him accountable for his actions and inactions during his tenure as the NSA in the last administration.

“The government should not resort to crude and dictatorial tactics in seeking justice. The Buhari’s administration was birthed with a solemn promise of change and rule of law. As such, the law should prevail in this case.”

It remains to be seen if in the process of fighting corruption due process will be followed.


2016 budget shows Buhari is not ready for governance – CSJ

Lead Director of the Centre for Social Justice, CSJ, Eze Onyekpere, has lamented the inability of the President Muhammadu Buhari-led government to present the 2016 Budget proposals to the National Assembly, one and a half months to the end of the current Fiscal Year.

He also said this was a clear sign of the current administration’s unpreparedness for governance.

Onyekpere disclosed this to journalists during a round-table meeting on Budget Transparency and Public Engagement in Budget Process, following the release of the Open Budget Survey 2015, in Abuja.

On Wednesday, November 18, Buhari sent a supplementary budget of N465bn to the Senate for approval due to a shortage of funds to carry out important projects in the country.

The President also asked the Senate to grant his request to borrow the sum of N2.10trn to finance the budget.


Speaking at the roundtable function, Onyekpere said Buhari’s ineptitude to present the 2016 budget underline would spell doom for the economy.

    “That the executive has not presented the 2016 budget to the National Assembly until now shows the unpreparedness of the current administration in matters of governance.”

According to Onyekpere, the provisions of the Fiscal Responsibility Commission Act, 2007, the reviewed Medium Term Economic Framework, MTEF, and the 2016 budget by now should have been approved by the National Assembly.

    “Right now, we don’t have the MTEF to underpin the budget and we don’t have the budget. The implication is that the budget is going to be presented very late and it may not be ready until the end of the first quarter of 2016, which has been the usual tradition.

    “The implications are not funny for the administration of the Nigerian people.

    “That means that the capital budget will be delayed and by the time they approve it in March, April or May, it will be raining season and all out-door constructions will stop.

    “So we are continuing the cycle of poor capital budget implementation and of course that would mean addressing less of the needs of the Nigerian people who are suffering infrastructure deficit and also attending to less of the poor because the majority of Nigerians are poor and the budget is expected to address their needs,” he noted.

Friday, 20 November 2015

Benin Republic invades 16 Nigeria villages, Hoist flag of annexation

The neighbouring Benin Republic has invaded sixteen villages in Okuta, the border town in Baruten local government area of Kwara state, thereby causing serious fear and palpable tension in the affected communities.

In their shrewd determination to annex Nigeria villages,  Vanguard reliably gathered that authorities of Benin republic have gone ahead to construct Gerdames office (Police station) in the affected Nigeria communities and also hoist the country flag at the affected Nigeria villages.

Vanguard checks revealed that the development negated the boundary delimitation of 1914 between Britain and France which the two countries had respected.

Do You know How Former American President Described Ex-President Jonathan?


Former United States President Jimmy Carter has described Nigeria’s former President Goodluck Jonathan as the symbol of democracy in Africa. 

 According to The Nation, Carter, the 39th US President, showered praises on the Peoples Democratic Party (PDP) chieftain at the Jimmy Carter Presidential Library and Museum located at the Carter Center in Atlanta.

Carter and Jonathan were said to have discussed a wide range of issues during the meeting, including how to promote peace, democracy and good governance on the African continent and the world at large.

Former American and Nigerian presidents, Jimmy Carter and Goodluck Jonathan, shake hands in the United States.

Why DSS failed to produce biafran leader for court hearing

Nigeria’s State Security Service, DSS, has allegedly failed to produce Radio Biafran leader Nnamdi Kanu in court for a hearing on Wednesday, November 18.

Kanu, is the leader of the Indigenous People of Biafra, IPOB, and notorious director of the London-based radio station Radio Biafra, who was apprehended in Lagos in October and his arrest has prompted mass protest across the Eastern Region.

According to his lawyer, he was still being held by the DSS.


A statement from Biafra 24, a live online radio station claimed: “Nigeria’s DSS has failed to produce Nnamdi Kanu, who is supposed to appear in court [Abuja’s Magistrates Court] yesterday. No reason whatsoever was given.”

Kanu’s whereabouts remain unknown despite Nigeria security forces claiming he is on bail

Prosecution counsel Moses Idakwo informed the court that Kanu was not in court.

Cable an online newspaper, reported that Kanu was standing trial after being charged with criminal conspiracy, intimidation and belonging to unlawful society. He pleaded not guilty to the charges.

The Magistrate Court has ordered the DSS to produce Kanu before it on 23 November.

Pro-Biafran agitatorsare calling for the independence of territories that constituted the Biafran Republic established in 1967 and re-annexed to Nigeria in 1970, following a civil war that claimed between one and three million lives.

Protests have intensified in the past few days since Kanu was apprehended.

They have accused the police of violence. However, police have denied these claims, arguing that people advocating for Biafra hold violent protests disrupting peace.

Amnesty International said that there is “credible evidence that pro-Biafran separatists in Nigeria are targeted by police.

Thursday, 19 November 2015

Checkout Forbes List Of African Richest Of 2015 


aliko dangote

Still the African Richest 2015 , Aliko Dangote GCON is a Nigerian billionaire, who owns the Dangote Group, which has interests in commoditie

The company operates in Nigeria and other African countries, including Benin, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia.

3089519_alikodangotestillafricanrichest2015forbesreport1

3089520_alikodangotestillafricanrichest2015forbesreport2

Nigerian troops didn’t have guns to fight Boko Haram because of corruption: Buhari

Nigerian troops were denied weapons to fight Boko Haram and thousands of lives were lost because of rampant fraud in the procurement process, President Muhammadu Buhari has alleged.

Nigerian President Muhammadu Buhari presents Lance Corporal Kenneth Kulugh with the Purple Heart medal for gallantry in the fight against Boko Haram during his visit to Nigerian troops in Yola, Adamawa, Nigeria.
Image by: STRINGER / REUTERS

Buhari ordered anyone involved in corrupt multi-billion dollar deals for weapons and equipment to be “brought to book” after receiving a report from a committee set up to probe the issue.

“The findings made so far are extremely worrying considering that the interventions were granted within the same period that our troops fighting the insurgency in the northeast were in desperate need of platforms, military equipment and ammunition,” he said late Tuesday.

“Had the funds siphoned to these non-performing companies been properly used for the purpose they were meant for, thousands of needless Nigerian deaths would have been avoided.”

Buhari, a retired army general and former military ruler, came to power in May, vowing to crush the Islamist rebels whose insurgency has killed at least 17,000 people since 2009.

Front-line troops serving under his predecessor Goodluck Jonathan frequently complained the militants were better armed and they lacked the proper equipment, including bullets, to fight.

In one instance, some frustrated soldiers fired shots at their commander’s vehicle. They were court-martialed, found guilty of mutiny and sentenced to death.

The complaints came despite Nigeria having one of Africa’s biggest defence budgets.

Buhari, who has vowed to crack down on endemic corruption, set up a 13-member committee to probe arms procurement between 2007 and 2015 and spoke out after receiving its interim report.

According to the statement from his office late Tuesday, the investigation “unearthed several illicit and fraudulent financial transactions”.

Some $5.3 billion was provided to the Office of the National Security Advisor, Defence Headquarters and the headquarters of the army, navy and air force, the statement said.

“It was observed that in spite of this huge financial intervention, very little was expended to support defence procurement,” it added.

Some 53 of 513 contracts awarded were “failed contracts” and the former national security advisor Sambo Dasuki sanctioned huge payments without contractual evidence or explanations.

The statement alleged Dasuki “awarded fictitious and phantom contracts” totalling some $2 billion, supposedly to buy four Alpha (fighter) jets, 12 helicopters, bombs and ammunition.

But they “were not executed and the equipment (was) never supplied to the Nigerian Air Force, neither are they in its inventory”, it added.

The report also claimed Dasuki asked Nigeria’s central bank to transfer $132 million and almost 10 million euros to accounts in West Africa, Britain and the United States “for unascertained purposes, without documents to explain the transactions”.

“It is worrisome and disappointing that those entrusted with the security of this great nation were busy using proxies to siphon the national treasury, while innocent lives were wasted daily,” Buhari said.

Dasuki, a 60-year-old former army colonel, is already facing money laundering and illegal possession of weapons charges.

Security agents have so far refused to allow him travel abroad for medical treatment, despite a court order that ruled in his favour.

Dasuki said in response to the accusations he had never been invited to appear before the committee and he was “surprised” and “embarrassed” at the allegations.

He defended his record in office, which coincided with a turnaround in the military’s fortunes from early this year, and said he would “leave Nigerians to judge”.

Tuesday, 17 November 2015

Nigerian Prof Wins $1m For Solving 150-yr-old Maths Problem

A Nigerian professor, Dr. Opeyemi Enoch has won a $1million prize for solving 150-year-old maths problem. A maths problem, which has gone more than 150 years without a solution, has finally been solved by the Nigerian academic Dr. Enoch.

The Riemann Hypothesis was first proposed by Bernhard Riemann in 1859.

As the first person to provide a solution, Dr. Enoch has scooped a million dollar prize.

Monday, 16 November 2015

Only Simple things can destroy Nigeria.

I have seen a country where everyone knows; a country with the wisest of men, a little lower than the Greek gods but wiser than the global average in this realm of man. The people are a little more experienced, lived the life, grossed some mileage, grazed, foraged and are dispersed world over. They’ve seen things, done things and ran things.
I have seen a country where the roving salesman without a degree or certificate offers a cure-all medicine or pamphlet that holds the promise to solve all of life’s issues. You will find them in the ‘motor parks’ or bus terminals. Or shall one delve into the world of the how to get-rich-quick merchants, the success manual peddlers or facilitators of business seminars promising lucrative returns and money back guarantees, indemnified by a poor charitable man who needs your N2,500 to make his world spin.
With diverse ideas and schemes Nigerians are deceived to think that we are the smartest kin in the world. Isn’t it only in Nigeria that ‘Belgium’, as we refer to fairly used stuff, is better than China, which represents brand new?
Our smartness is like a gift of the spirit – The spirit of Tianshi, Kedi, GNLD and Forever Living, the spirit that witnesses; “you don’t even have to do anything – sell or buy products, all you have to do is to invite people” and live a rewarding life.
These are familiar themes especially for kids of Nigeria’s middle-income earners in decades past. Some of our parents never received the promised cheques whereas some might have, so as not to risk discrediting the schemes but certainly each person’s tale is somewhat different.
The influence of these familiar spirits abounds – the sharp surge in supply and demand for snazzy success consultants and life coaches who are the custodians of the keys to make it. They are everywhere; in our schools, religious houses, board rooms, and have found their way into government. They encourage us and make it look so easy.
This is not to put sand in your Garri, but let this soak; this anecdote serves to uncover the root causes of this mindset, and the diverse manifestations of the spirit of Tianshi and likes, that deludes us into thinking that all we have to do as a country is simply to tell others; that we will be among the World’s Top 10 Economies by 2050 or the highest exporter of Rice in 2070 etcetera. After all, these success speakers often emphasize the power of positive confessions.
We don’t have to do anything but change will occur just by voting out Jonathan. We don’t have to do anything but N1 will be = $1, We don’t have to do anything but just raise tariffs and ban imports, and on Nigerian rice shall everyone sup. To believe these quick fixes is to practice witchcraft, and that is why the testimonies are everywhere especially in the past 6 Months: Massive Job Cuts, Shrinking Middle Class, Investor Pull outs and drawbacks, GDP Decline, Hyperinflation in Commodity Prices and Sharp Decline in Purchasing Power.
The seducing spirits of ‘Keys’ accounts for the manner of governance that is upon us in this country. We believe we possess too much of Fertile Land and ignore that yield is not a factor of mass. We believe that to boost IGR all we need to do is raise VAT and taxes but ignore that service and revenue are allied. We believe that we have to ban or restrict imports and Nigeria will become self-sufficient or begin to export. Who dares ask why Dangote hasn’t started exporting to our neighbors (it seems to me his plants are there already!)
Nigeria has become too sophisticated and ahead of its time, we know too much of all that needs to be done, things which the rest of the world has got no clue about definitely. Is banning always the solution? Why then does Germany not ban coffee imports but re-exports it? Why does Switzerland not ban Cocoa Beans but simply sign stamps or certifies it? And why is Dubai in the UAE one of the import capitals of this world – and yes they import toothpicks but export more than most producing countries!
Unfortunately this is what neighboring Benin Republic has become to us. It reinforces my position that countries can serve as Strategic Markets, Hubs and Destinations. That’s why I don’t remember the currency used in Panama as my US dollar was perfectly fine for all transactions during my time there.
What we possess in our ‘Sokoto’, we have gone searching for in Tokyo, and what is commonplace in ‘Ojota’, we have gone searching for in Bogota. This is the epitome of our imperial oversabificience. Sometimes one wonders how Nigeria preempted the European migrant crisis and decided that the ‘Ghana must go’ policy was expedient in the 80’s, long before I was born. This fatal policy has set Nigeria back by a million miles. I shall share my thoughts on this later.
Dear Mr. President and His Excellency the Executive Governor of the CBN, Imports are not exactly the problem and restrictions on transactions with the US Dollar is not the solution. These measures are only bound to kill the poor, but that seems to be the only plan of today’s government to eradicate poverty. This reminds me of a signpost in La Paz, Bolivia with inscription ‘End Poverty. Kill a Beggar’ described in Eduardo Galeano’s “Open Veins of Latin America”.
Today’s reality is that Nigeria is an import dependent country and won’t attain industrialized or self-sufficient status in the short term. I am puzzled that the short term policies of the government is targeted at ‘hurting’ those who saved us, in the words of President Buhari in reference to Indian Businesses, during the recent India – Africa Summit in Delhi.
How do I mean? India and China to Nigeria must be seen as godsend and kind of saviors who through the provision of essentials and the blessings of options have unyoked the lean wages of our largely poor and fast blooming population. Nigeria must relate more strategically with these nations to create mutual growth and prosperity.
What can be done?
Firstly, the government should remove and relax all restrictions on trade except banned substances. Nigeria has lost vast amounts of potential revenue to neighboring ports and smuggling activity which all portends increased cost of purchase to the consumer whose purchasing power is in steady decline and individual cash reserves depleting faster than the governments’. Government should embrace the reality that Nigeria will continue to rely on imports given the population and the need to ensure that the poorest among us can feed, clothe and live which in the truest sense is the grace of China to us all.
If importing through Nigeria is more efficient and affordable, it can serve as a trade hub for Sub-Saharan Africa as Panama is to Latin America for Electronics and Cotonou and Lome for used Cars. Benin Republic is said to have imported more rice than China and your guess is as good as mine. These are countries for which Nigeria has created Jobs and an Economy. We can no longer rely on the port in Lagos.
We should give some percentage of import tariffs as refund after each fiscal year to importers who bring in unfinished, semi-finished, unpackaged products into the country for processing, packaging or labeling and assembling their products here. Simple as this incentive sounds, it will help to unlock millions of captive Jobs and create the avenue for re-export. Think about it, some of the countries that purchase the highest volumes of our crude resources are less the population of Lagos and the size of Kaduna. The same countries to which thousands of our fellow citizens will risk crossing the Sahara Desert and Mediterranean in search of greener pastures.
As at today unemployment of our youth poses a bigger problem than the outlook of our trade balance or currency value. More Jobs, More Taxes, More Production, More Consumption, More Prosperity, Less Crime and the effect ripples on.
Secondly, the CBN should loosen restrictions on the dollar and be flexible enough not to impede trade and make life unbearable for the citizens of the country especially the vulnerable. As presently constituted the current policy framework boosts the black market FOREX business and it is a well-known fact that profits soar in the period of scarcity. Foreign Exchange should be openly and freely traded and the Naira should defer to prevailing market forces. It is my opinion that the CBN should actually inject more dollars into the Economy for the purpose of stimulating trade and achieving immediate impact. Emefiele’s recent policy at the CBN called PAVE (Produce, Add Value and Export) should pave way for a different program: Import Add Value and Re-export.
The Nigerian, in my opinion is naturally better at trading than at production like the Arabs in commodities and Jews in money. Deals make the world go round. We cannot substitute the ‘Add Value’ component from the Nigerian situation but it will take more than just a fancy acronym for this to happen. The injected dollars as I proposed should favor exporters and not pilgrims. Imagine that concessionary rates and credit guarantees are granted to our industrialists and SMEs for the purpose of acquiring plants and machinery from Asia or Europe to take Nigeria from the No 1. Producer of Cassava to No. 1 in Cassava Chips and No. 1 in Industrial Starch and No. 1 in Bio ethanol which is in high demand in China. This is achievable. We must leverage on what we have and not what we lack. It is sad that the cassava farmers in Nigeria today are mostly peasants who in a sense subsidize consumption for those of us who fare better.
Finally, things and times are getting harder. The man on the streets – ‘I am not one of them’ – expects the broom wielding party of magicians to deliver change in ‘just’ 6 months. The corollary lies herein; the current oversabi disposition of today’s government may in the future save us but the simple things will kill us if left undone. And who then will be left alive to experience the salvation of this our Messiah?

Only Simple things can destroy Nigeria.

I have seen a country where everyone knows; a country with the wisest of men, a little lower than the Greek gods but wiser than the global average in this realm of man. The people are a little more experienced, lived the life, grossed some mileage, grazed, foraged and are dispersed world over. They’ve seen things, done things and ran things.
I have seen a country where the roving salesman without a degree or certificate offers a cure-all medicine or pamphlet that holds the promise to solve all of life’s issues. You will find them in the ‘motor parks’ or bus terminals. Or shall one delve into the world of the how to get-rich-quick merchants, the success manual peddlers or facilitators of business seminars promising lucrative returns and money back guarantees, indemnified by a poor charitable man who needs your N2,500 to make his world spin.
With diverse ideas and schemes Nigerians are deceived to think that we are the smartest kin in the world. Isn’t it only in Nigeria that ‘Belgium’, as we refer to fairly used stuff, is better than China, which represents brand new?
Our smartness is like a gift of the spirit – The spirit of Tianshi, Kedi, GNLD and Forever Living, the spirit that witnesses; “you don’t even have to do anything – sell or buy products, all you have to do is to invite people” and live a rewarding life.
These are familiar themes especially for kids of Nigeria’s middle-income earners in decades past. Some of our parents never received the promised cheques whereas some might have, so as not to risk discrediting the schemes but certainly each person’s tale is somewhat different.
The influence of these familiar spirits abounds – the sharp surge in supply and demand for snazzy success consultants and life coaches who are the custodians of the keys to make it. They are everywhere; in our schools, religious houses, board rooms, and have found their way into government. They encourage us and make it look so easy.
This is not to put sand in your Garri, but let this soak; this anecdote serves to uncover the root causes of this mindset, and the diverse manifestations of the spirit of Tianshi and likes, that deludes us into thinking that all we have to do as a country is simply to tell others; that we will be among the World’s Top 10 Economies by 2050 or the highest exporter of Rice in 2070 etcetera. After all, these success speakers often emphasize the power of positive confessions.
We don’t have to do anything but change will occur just by voting out Jonathan. We don’t have to do anything but N1 will be = $1, We don’t have to do anything but just raise tariffs and ban imports, and on Nigerian rice shall everyone sup. To believe these quick fixes is to practice witchcraft, and that is why the testimonies are everywhere especially in the past 6 Months: Massive Job Cuts, Shrinking Middle Class, Investor Pull outs and drawbacks, GDP Decline, Hyperinflation in Commodity Prices and Sharp Decline in Purchasing Power.
The seducing spirits of ‘Keys’ accounts for the manner of governance that is upon us in this country. We believe we possess too much of Fertile Land and ignore that yield is not a factor of mass. We believe that to boost IGR all we need to do is raise VAT and taxes but ignore that service and revenue are allied. We believe that we have to ban or restrict imports and Nigeria will become self-sufficient or begin to export. Who dares ask why Dangote hasn’t started exporting to our neighbors (it seems to me his plants are there already!)
Nigeria has become too sophisticated and ahead of its time, we know too much of all that needs to be done, things which the rest of the world has got no clue about definitely. Is banning always the solution? Why then does Germany not ban coffee imports but re-exports it? Why does Switzerland not ban Cocoa Beans but simply sign stamps or certifies it? And why is Dubai in the UAE one of the import capitals of this world – and yes they import toothpicks but export more than most producing countries!
Unfortunately this is what neighboring Benin Republic has become to us. It reinforces my position that countries can serve as Strategic Markets, Hubs and Destinations. That’s why I don’t remember the currency used in Panama as my US dollar was perfectly fine for all transactions during my time there.
What we possess in our ‘Sokoto’, we have gone searching for in Tokyo, and what is commonplace in ‘Ojota’, we have gone searching for in Bogota. This is the epitome of our imperial oversabificience. Sometimes one wonders how Nigeria preempted the European migrant crisis and decided that the ‘Ghana must go’ policy was expedient in the 80’s, long before I was born. This fatal policy has set Nigeria back by a million miles. I shall share my thoughts on this later.
Dear Mr. President and His Excellency the Executive Governor of the CBN, Imports are not exactly the problem and restrictions on transactions with the US Dollar is not the solution. These measures are only bound to kill the poor, but that seems to be the only plan of today’s government to eradicate poverty. This reminds me of a signpost in La Paz, Bolivia with inscription ‘End Poverty. Kill a Beggar’ described in Eduardo Galeano’s “Open Veins of Latin America”.
Today’s reality is that Nigeria is an import dependent country and won’t attain industrialized or self-sufficient status in the short term. I am puzzled that the short term policies of the government is targeted at ‘hurting’ those who saved us, in the words of President Buhari in reference to Indian Businesses, during the recent India – Africa Summit in Delhi.
How do I mean? India and China to Nigeria must be seen as godsend and kind of saviors who through the provision of essentials and the blessings of options have unyoked the lean wages of our largely poor and fast blooming population. Nigeria must relate more strategically with these nations to create mutual growth and prosperity.
What can be done?
Firstly, the government should remove and relax all restrictions on trade except banned substances. Nigeria has lost vast amounts of potential revenue to neighboring ports and smuggling activity which all portends increased cost of purchase to the consumer whose purchasing power is in steady decline and individual cash reserves depleting faster than the governments’. Government should embrace the reality that Nigeria will continue to rely on imports given the population and the need to ensure that the poorest among us can feed, clothe and live which in the truest sense is the grace of China to us all.
If importing through Nigeria is more efficient and affordable, it can serve as a trade hub for Sub-Saharan Africa as Panama is to Latin America for Electronics and Cotonou and Lome for used Cars. Benin Republic is said to have imported more rice than China and your guess is as good as mine. These are countries for which Nigeria has created Jobs and an Economy. We can no longer rely on the port in Lagos.
We should give some percentage of import tariffs as refund after each fiscal year to importers who bring in unfinished, semi-finished, unpackaged products into the country for processing, packaging or labeling and assembling their products here. Simple as this incentive sounds, it will help to unlock millions of captive Jobs and create the avenue for re-export. Think about it, some of the countries that purchase the highest volumes of our crude resources are less the population of Lagos and the size of Kaduna. The same countries to which thousands of our fellow citizens will risk crossing the Sahara Desert and Mediterranean in search of greener pastures.
As at today unemployment of our youth poses a bigger problem than the outlook of our trade balance or currency value. More Jobs, More Taxes, More Production, More Consumption, More Prosperity, Less Crime and the effect ripples on.
Secondly, the CBN should loosen restrictions on the dollar and be flexible enough not to impede trade and make life unbearable for the citizens of the country especially the vulnerable. As presently constituted the current policy framework boosts the black market FOREX business and it is a well-known fact that profits soar in the period of scarcity. Foreign Exchange should be openly and freely traded and the Naira should defer to prevailing market forces. It is my opinion that the CBN should actually inject more dollars into the Economy for the purpose of stimulating trade and achieving immediate impact. Emefiele’s recent policy at the CBN called PAVE (Produce, Add Value and Export) should pave way for a different program: Import Add Value and Re-export.
The Nigerian, in my opinion is naturally better at trading than at production like the Arabs in commodities and Jews in money. Deals make the world go round. We cannot substitute the ‘Add Value’ component from the Nigerian situation but it will take more than just a fancy acronym for this to happen. The injected dollars as I proposed should favor exporters and not pilgrims. Imagine that concessionary rates and credit guarantees are granted to our industrialists and SMEs for the purpose of acquiring plants and machinery from Asia or Europe to take Nigeria from the No 1. Producer of Cassava to No. 1 in Cassava Chips and No. 1 in Industrial Starch and No. 1 in Bio ethanol which is in high demand in China. This is achievable. We must leverage on what we have and not what we lack. It is sad that the cassava farmers in Nigeria today are mostly peasants who in a sense subsidize consumption for those of us who fare better.
Finally, things and times are getting harder. The man on the streets – ‘I am not one of them’ – expects the broom wielding party of magicians to deliver change in ‘just’ 6 months. The corollary lies herein; the current oversabi disposition of today’s government may in the future save us but the simple things will kill us if left undone. And who then will be left alive to experience the salvation of this our Messiah?

Stop using French flag as profile picture, it’s an act of slavery – Reno Omokri

Author and TV host, Reno Omokri, has condemned the Paris attacks while urging Africans and Asians to set themselves free from mental slavery.

The former media aide to President Goodluck Jonathan, said it is a display of low self esteem for Africans and Asians to put French flags on their profile as a result of the Paris attacks when they do not put their own nation’s flag on their profile when terrorists attack their own nations. Terrorism is evil and condemnable. But we should not only cry when it happens in rich nations. We should treat it the same wherever it occurs. I sympathize with France, but why are Africans and Asians putting French flags on their profile when they do not put their own nation’s flag on their profile when terrorists attack their own nations? Are French lives more precious than their own brothers and sisters who are killed daily by home grown terrorists like the satanic Boko Haram and Al Shabab, he
queried.

The New Media savvy preacher, added that Africans and Asians should stop worshiping the Europeans. Africans and
Asians should remember the words of Bob Marley and “emancipate yourself from mental slavery. Terrorism is bad
everywhere and not just in Paris.

In every area of our lives we exhibit this low self esteem. We celebrate and worship European soccer and denigrate our own leagues. Now we sympathize with European victims of terror and are indifferent to our own victims. In Nigeria there are 1.5 million citizens displaced by terror. Cry for them first my brothers and sisters, he said on his Facebook post.

Sunday, 15 November 2015

ISIS Lists Nigeria As A Target In Paris Attacks 

The Islamic State yesterday mentioned Nigeria in a statement it issued, claiming responsibility for coordinated attacks in different parts of Paris by assailants numbering eight, which resulted in the death of 129 people, and left at least 352 injured.

In an online statement distributed by supporters on Saturday, ISIS said eight militants wearing explosive belts and armed with machine guns attacked precisely selected areas in the French capital.

 Nothing elaborate was however said about Nigeria, apart from a mention in a post on the terrorist group’s blog.

 The statement, posted on ISIS’ blog, according to a tweet by TRACterrorisim.org, reads, “O people crusaders: when you deploy forces in order to control the city Saladin and to dream of Mosul, Sinjar, Haul, Tikrit or Huwaijah or dreaming Mayadin or Jarablus or Karmah or Tel Abyad or Al Qaim or Darnah or dream to reclaim the wilderness in the interior Nigeria or master ‘Asy’asy Sinai desert sand, then surel, WE just want ROME and PARIS Insyallah before before ANDALUSIA (UKK).”

With ISIS claiming responsibility for the Paris attacks, the investigation has moved beyond France as Belgian authorities made some arrests there in the first publicised apprehensions after Friday night’s bloodshed, a Belgian Justice Ministry spokeswoman said yesterday. Three people were reportedly arrested in Molenbeek district of Brussels in connection with the attacks.

France has vowed revenge for the attacks. President Francois Hollande deemed the shootings and bombings “an act of war.”

He said early Saturday, “We will lead the fight, and we will be ruthless.”

Source: Leadership

Rev Fr. Mbaka says pro Biafra protests ‘evil’

A Catholic Priest in Enugu, Rev Fr. Ejike Mbaka has condemned the recent agitation and protests for Biafra nation describing the action as `evil.’

Mbaka made the condemnation in Enugu on Saturday in a sermon at his weekly Adoration Ministry.

The cleric urged youths in the South East and South-South to go back to their business as the protest could lead to their death.

“Locking up your shops and disrupting economic activities will not add any naira to your pocket, whatever grievance you have could be resolved through dialogue,’’ the cleric said.

He lambasted those leaders that were behind the agitation and protests, saying that they should use their children for the struggle.

Mbaka commended President Muhammadu Buhari for appointing ministers from the zone and assigning them with good portfolios.

“President Buhari’s action has proven that the South East has not been marginalized. I would have reacted if no minister emerged from the zone,’’ he said.

He said that the five states in the zone had minister each as prescribed by the Nigerian constitution as well as other key security and protocol officers that serves under president and his wife.

The reverend father attributed the recent free health screening initiative by the Wife of the president, Mrs Aisha Buhari, in Enugu to her love for the people of the region.

He blamed the Igbo leaders for not living up to the expectation of the people in the area, adding that past governors, National Assembly members failed woefully in discharging their mandates.

“President Buhari is not the cause of poor roads, unemployment and other decay infrastructures in the south east, we should blame our leaders.

“Most of the roads had been awarded but our leaders squandered the fund, even the university teaching hospital in Enugu is a no-go-area and our leaders are not concerned about it,” he said.

Mbaka called on the new Minister of Labour and Employment, Dr Chris Ngige, to use his office to employ youths in the zone, adding that it would stop what he called another Boko Haram in the south east if not curtailed.

He praised Buhari’s war against corruption, saying it had enthroned due process and sanity in governance.

The cleric, however, urged Nigerians to be patient with the president as he had good plans for the country.

Source: Vanguard

Sunday, 8 November 2015

The First 10 prosperous countries, USA is not among them

Ten countries have now become more prosperous than the United States.

The U.S. is ranked No. 11 in the latest annual Prosperity Index, which was released this week by the Legatum Institute, an international think tank based in London.

The index ranks 142 countries in eight categories:

The economy
Entrepreneurship and opportunity
Governance
Education
Health
Safety and security
Personal freedom
Social capital

The Legatum Institute states that its index is unique in that it’s based on both income and well-being:

Prosperity is more than just the accumulation of material wealth, it is also the joy of everyday life and the prospect of an even better life in the future.

Norway came in No. 1 overall for the seventh consecutive year. According to a Legatum press news release:

Norway comes out on top due the freedom it offers its citizens, the quality of its healthcare system and social bonds between its people.

The Scandinavian country had its highest ranking in the social capital category (No. 2), with 94 percent of people saying they can rely on friends and family in times of need. It had its lowest rankings in the safety and security category (No. 8) and the governance category (No. 8).

Overall, the United States fell one spot this year. Its highest ranking was in the health category (No. 1) and its lowest ranking was in the safety and security category (No. 33).

Nathan Gamester, director of the Prosperity Index at the Legatum Institute, states in the news release:

“The Prosperity Index tells us that human progress goes beyond economics. Norway and other countries at the top of the Index provide opportunity and freedom to their citizens, access to quality healthcare and education, and provide safe environments for people to flourish in.

“By contrast, those countries or regions of the world where people feel unsafe, where they are forced to flee from their homes, and where the education and healthcare systems are failing do not provide prosperity to their citizens.”

The countries that made the top 10 based on their overall scores this year are:

Norway
Switzerland
Denmark
New Zealand
Sweden
Canada
Australia
Netherlands
Finland
Ireland

Friday, 6 November 2015

Hundreds Of Biafrans Protest In Onitsha 

Reports reaching Noble Information from Onitsha have it that hundreds of Biafran agitators have stormed the streets to protest the release of Nnamdi Kanu, the director of Radio Biafra.

This is coming just after the police  protest.

Details later…

Wednesday, 4 November 2015

Nigerians will not tolerate a dictatorship – Fayose warns Buhari

Executive Governor of Ekiti State, Ayodele Fayose on Monday, November 2, restated that Nigerians will not tolerate a military dictatorship from President Muhammadu Buhari since the country runs a constitutional democracy that allows citizens to speak their minds on national issues.

Fayose who spoke through his Special Assistant on Public Communications and New Media, Lere Olayinka said the statement credited to the President’s Spokesman, Mallam Garba Shehu warning the Governor against speaking on the running of the economy by the Federal Government was tantamount to dictatorial mentality.

He added that he was not one of those that will run and hide because of Buhari’s selective “political persecution.”

The Presidency had earlier warned Fayose, to stop making unsubstantiated allegations pertaining to the running of the economy by the Federal Government.

Specifically, the Presidency said Fayose’s comment on the September Federal allocation of N389 billion was reckless and typical of his past unguarded outbursts.

Shehu, who sounded the Presidency’s warning, was reacting to remarks made by the Governor at the recent graduation ceremony of the College of Education, Ikere-Ekiti, in which he asked Buhari to come clean and disclose the true state of the Nigerian economy.

“Records obtained from the Ministry of Finance show that the decline in federally collected revenues shared by the three tiers didn’t just set in but had become clearly manifest under the PDP administration.

“In February, N480bn was distributed. In March it was N459bn; April, N385bn; May, N357bn; June N389bn, and July, N526bn. In August, N499bn was paid out; September, N412bn and N374 in October,” was Shehu’s retort.

In a statement issued in Ado Ekiti the Governor’s aide declared that it was sad for the Presidency to be warning a Nigerian, who is heading one of the country’s federating units on what to say and what not to say.

Olayinka, while observing that Shehu must have spoken for himself, and not Buhari, asserted that “Governor Fayose will continue to say the truth in the interest of Nigeria and its people because the Governor is not one of those that will go underground because of political persecution.”

He maintained that the country’s economy was in serious recession, adding; “the President himself attested to this when he said that the country was broke and this has also been corroborated by the Nigerian National Petroleum Corporation (NNPC) Group financial report, indicating that the corporation incurred a total loss of N120.07bn in the months of August and September.

“JP Morgan is also removing Nigeria from its Emerging Market Bond Index, a move analysts say would have far reaching implications for the country’s dwindling economy as investors could move their funds to competing countries, resulting in higher lending rates.

“It is therefore a sad reminder of the military era that in a democracy, under a federation in which all federating units enjoy some degree of autonomy, the Presidency is warning a State Governor on what to say and what not to say.

“Top functionaries of the All Progressives Congress (APC), including State Governors criticised the Peoples Democratic Party (PDP) government of Dr Goodluck Jonathan, the Presidency did not go about warning them.”

Monday, 2 November 2015

I Will Always Blame Ex-President Jonathan For Wrecking The Economy - Buhari



President Muhammadu Buhari yesterday stated that he will always say the truth about the nation’ s economy while blaming the immediate past President Goodluck Jonathan-led Peoples Democratic Party (PDP) administration for wrecking the economy for “personal gain”.

He also faulted statements credited to the PDP that he is “demarketing” Nigeria with his public speeches on corruption by former public officials.

“Nigerians will hear only the truth on the economy and the state of the nation from President Muhammadu Buhari”, the Presidency said last night.

It alleged that the Jonathan-led PDP government lied to Nigerians on the state of the economy which was found to be in dire straits contrary to that government’s claims.

“President Buhari will remain true to the virtues of honesty, integrity, sincerity, incorruptibility and plain-speaking which endeared him to Nigerians and made them prefer his leadership to that of a lying and deceptive PDP administration.

“The President will not, in the guise of ‘marketing’ the country, refrain from telling Nigerians and the world, the emerging truths about the abject state in which years of plundering by a PDP leadership has left the Nigerian treasury and economy.

“President Buhari will not in the name of ‘marketing’ or ‘attracting’ investors, follow in the footsteps of the ousted PDP Administration and its discredited officials who shamelessly lied to Nigerians and the world about the buoyancy and vibrancy of an economy they had bled dry for personal gain, when it was very obvious to the discerning, that the Nigerian economy was headed for serious trouble,” Presidential Spokesman Femi Adesina, said in a statement.

The Presidency condemned PDP spokesman Olisa Metuh’s statement that the President has been “demarketing Nigeria “with his public stance on corruption.

“We restate for the umpteenth time to Mr. Metuh and his ilk that their attempts to distract President Buhari from the job he has been elected to do will fail,” the Presidency said, adding: “It is most unfortunate that instead of showing some remorsefulness for the harm done to the nation by his party, and giving genuine support for President Buhari’s efforts to salvage and revamp the national economy, Mr. Metuh persisted in a vain attempt to remain relevant on the national stage by unjustly denigrating the President who continued to strive with all his might to alleviate and reverse the harm done to the nation by PDP misrule and corruption.”

Mr. Metuh’s antics, the statement said, were futile.

“President Buhari cannot be distracted by a broken record. If the PDP spokesman ever has serious matters to bring to our attention, we will be prepared to listen,” it stated

In his party’s statement Metuh claimed that recent statements on the state of the economy credited to President Buhari were capable of harming Nigeria’s image.

PDP observed that instead of making efforts to harness resources and grow the economy, Buhari has continued to scare away investors.

According to the opposition, the President has continued to apply himself perhaps unwittingly, to demarketing the nation through negative labelling of Nigerians and unwarranted unhealthy portrayal of the economy.

The party added that the President’s “unwary statements” have become very serious clogs in the wheel of progress, eroding the confidence of both domestic and international investors in Nigeria’s socio-economic system.

The statement reads: “It is worrisome that in the last six months, the President, instead of making efforts to harness resources and grow the economy, has rather continued to apply himself, perhaps unwittingly, to demarketing the nation and scaring away investors through negative labeling of Nigerians and unwarranted unhealthy portrayal of the nation’s economy.

“In the last six months, our President has only succeeded in discouraging foreign investors with his continued misrepresentation of our country as a business unfriendly environment, where most of the citizens are basically corrupt, dishonest, and cannot be trusted.

“Whereas we have restated our total support for the war against corruption, we insist that Mr. President’s unceasing blanket negative labelling of citizens, in a country where millions of honest and hardworking individuals/firms are genuinely contributing daily to the development effort, is indeed a disservice and injurious to the nation and the people.

“Furthermore, Mr. President’s recent announcement to the world that the nation, with its abundant human and natural resources, is broke and cannot pay cabinet ministers not only sends a discouraging signal to the domestic and international business community, but also exposes the ineptitude of the present administration to meaningfully and sincerely exert itself and work with industrious and innovative investors to create and manage wealth.

“We ask; how can any reasonable investor still have the confidence to invest in a country where the President himself continues to alert that his country reeks of corrupt people and that the government is broke to the extent it cannot pay cabinet ministers?

“Is the President not directly advising investors against having confidence in Nigeria and the system, and that they risk not being paid for jobs awarded by government at any level?”